NOT LISTED FOR SALE

40 Munroe Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,881,000 - $2,125,000

0.46 Acre
$4,345,343 Price per Acre
20,038 Sq Ft Lot

Last Sold February 10, 2017

Last sale price $400,000

Est. 400% increase in value since last sale

Current estimated payment $11,165/month

57 Days on Market

About This Lot

As of February 2017

Build your vacation home in East Chop, a walk to Town, beaches, tennis and the Harbor. This beautifully wooded private lot is .46 acres ( approximately 20,010 sq ft), offers a perfect setting for your new construction. The lot generally meets conditions for additional garage/guest house but requires verification or special permit. Water main runs along Munroe Ave.

Last Agent to Sell the Property

Will Bryan

RE/MAX on Island Listed on: 10/19/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R2

Additional Features

  • Views of Trees
  • Septic Tank

Listing and Financial Details

  • Tax Lot 175

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 0.46
  • View: None, Trees/Woods
  • Co List Office Mls Id: 743
  • reviewed: Yes
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 20037
  • Zoning: R2

Tax Info

  • Tax Lot: 175
  • Tax Map Number: 3
  • Tax Year: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
Quinlan-Potter Kerry
Bought by
Potter William
Current Estimated Value
$1,998,858

Purchase Details

Listed on
Oct 19, 2016
Closed on
Feb 10, 2017
Sold by
Bryan William R and Bryan Helen S
Bought by
Potter William and Quinlan-Potter Kerry
Seller's Agent
Will Bryan
RE/MAX on Island
List Price
$515,000
Sold Price
$400,000
Premium/Discount to List
-$115,000
-22.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%
Original Mortgage
$300,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2015
Closed on
Dec 30, 2015
Sold by
James E Coley 3Rd Ret and Coley
Bought by
Bryan William R and Bryan Helen S
Seller's Agent
Perry Patterson
MV Luxury Homes
Buyer's Agent
Doug Reece
On-Island Realty
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.75%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Coley 3Rd James E
Bought by
James E Coley 3Rd Ret and Coley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potter William -- --
Potter William -- --
Potter William $400,000 --
Bryan William R $550,000 --
James E Coley 3Rd Ret -- --
James E Coley 3Rd Ret -- --
Coley 3Rd James E -- --
Coley 3Rd James E -- --
Patricia H Coley Ret -- --
Patricia H Coley Ret -- --
Potter William -- --
James E Coley 3Rd Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter William $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2017 02/10/17 Sold $400,000 -22.3% --
12/15/2016 12/15/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $515,000 -6.4% --
12/30/2015 12/30/15 Sold $550,000 -18.5% -- View Prior Sale
12/02/2015 12/02/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $675,000 -- --
Source: LINK (Vineyard)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,417 $1,864,800 $861,400 $1,003,400
2024 $9,820 $1,877,600 $828,900 $1,048,700
2023 $9,745 $1,845,700 $805,400 $1,040,300
2022 $9,475 $1,395,500 $606,600 $788,900
2021 $8,104 $1,099,600 $446,200 $653,400
2020 $7,678 $1,032,000 $424,900 $607,100
2019 $7,728 $1,004,900 $409,600 $595,300
2018 $3,017 $385,300 $385,300 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Will Bryan

    RE/MAX on Island

  • P

    Seller's Agent in 2015

    Perry Patterson

    MV Luxury Homes

  • D

    Buyer's Agent in 2015

    Doug Reece

    On-Island Realty

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 31217

APN: 3 0 175 1

Massachusetts Dukes County Oak Bluffs Oak Bluffs

40 Munroe Ave, Oak Bluffs, MA

Not Listed for Sale

Lots

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