NOT LISTED FOR SALE

420 Herring Creek Rd Tisbury, MA 02568

Estimated Value: $2,048,000 - $3,384,000

3 Beds
2.5 Baths
2,344 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $1,500,000 $640 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $16,789/month

14 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Screened Porch
  • Corner Lot
  • No HOA
  • Cottage

About This Home

As of December 2016

Brand New 2016 Martha's Vineyard Post & Beam house with some waterviews of Lake Tashmoo and a short walk to the Beaches of Vineyard Sound, one owned by Landbank Conservation and the other a Town Beach. The house comes fully furnished and ready for occupancy. Heating and air conditioning by Heat Pump with 5 zones. Highly insulated and energy efficient. Open floor plan that's light and bright plus a screened porch for evening dinners. Other features are a bluestone patio, outdoor shower, and irrigation system. Professionally landscaped for ease of maintenance with native species of plants. Easy to show, call for an appointment. Too new for Tax information, just estimated. Too new for Building assessment, do not go by figures stated.-

Last Agent to Sell the Property

Frank Markwica

Sandpiper Realty Inc License #448007652 Listed on: 10/14/2016

Last Buyer's Agent

Frank Markwica

Sandpiper Realty Inc License #448007652 Listed on: 10/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,800

Year Built

  • Built in 2016

Lot Details

  • The property's road front is unimproved
  • Near Conservation Area
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned R50

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outbuilding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number TAX ID NOT FOUND

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,800

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Road Surface Type: Unimproved
  • Directions: From Franklin Ave VH take left on Daggett Ave to right on Herring Creek Rd. to #420 on corner of Ashton's Way. Call a
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Full
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Living Area: 2344
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Private Yard, Underground Sprinkler, Outdoor Shower
  • Lot Features: Conservation Area, Corner Lot, Views, Level
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter, Poured
  • Other Structures: Outbuilding
  • Patio And Porch Features: Screened, Porch, Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Cooling: Fixed Wall System
  • Heating: Other
  • Sewer: Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R50
  • Land Lease: No
  • Lot Size Sq Ft: 1
  • Parcel #: TAX ID NOT FOUND
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 13800
  • Tax Book Number: 1052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 20, 2016
Sold by
Jones Stephen W and Jones Sue E
Bought by
Rapelyea Michael D and Rapelyea Jocelyn
Seller's Agent
Frank Markwica
Sandpiper Realty Inc
Buyer's Agent
Frank Markwica
Sandpiper Realty Inc
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Current Estimated Value
$2,786,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286,481
Avg. Annual Appreciation
7.39%
Original Mortgage
$900,000
Outstanding Balance
$730,998
Interest Rate
3.54%
Mortgage Type
Unknown
Estimated Equity
$2,055,483

Purchase Details

Closed on
Feb 10, 1993
Bought by
White Ned
Source: Public Records

Range of Values:

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Average Value
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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
Rapelyea Michael D $1,500,000 --
White Ned -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapelyea Michael D $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $1,500,000 -6.3% $640 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $1,600,000 -- $683 / Sq Ft
Source: Martha's Vineyard MLS

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 $19,282 $2,547,100 $1,371,300 $1,175,800
2024 $15,701 $1,967,500 $1,161,400 $806,100
2023 $14,835 $2,026,700 $1,167,700 $859,000
2022 $13,431 $1,543,846 $666,946 $876,900
2021 $12,044 $1,313,400 $631,800 $681,600
2020 $11,390 $1,220,743 $631,843 $588,900
2019 $11,534 $1,257,800 $631,800 $626,000
2018 $10,135 $1,072,500 $631,800 $440,700
2017 $4,833 $530,500 $360,400 $170,100
2016 $3,143 $343,100 $343,100 $0
2015 $3,473 $389,400 $389,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21609139

Martha

APN: TISB-000031B-000000-000005-000001