NOT LISTED FOR SALE

Estimated Value: $2,499,000

5 Beds
18 Baths
4,561 Sq Ft
$548/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $7,200,000 $1,579 Per Sq Ft

Current estimated payment $15,814/month

15 Days on Market

About This Home

As of December 2013

This commanding waterfront estate consists of a spectacular contemporary featuring breathtaking views of Vineyard Haven Harbor and Nantucket Sound in an estate setting of 2.6 acres.  The expansive grounds offer a tennis court, a detached 2-car garage with a studio above, a private sandy beach and a deep water pier. Exceptionally maintained, uniquely located - a rare opportunity.

Last Agent to Sell the Property

Judy Federowicz

Landmarks at TODAY Real Estate Listed on: 09/30/2013

Last Buyer's Agent

Gerrett Conover

Landvest MV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,079

Year Built

  • 1918

Lot Details

  • 2.6 Acre Lot
  • Property is zoned R25

Home Design

  • 4,561 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Washer

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1.4 & 1.5
  • $5,465,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,079

Year Built

1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Bay/Harbor
  • Lot Features: Professionally landscaped
  • LotSizeAcres: 2.6
  • View: None
  • Co List Office Mls Id: 734
  • Building Area Total: 4561
  • Has Fireplace?: No
  • Effective Year Built: 1978
  • Year Built: 1918
  • Special Features: None
  • Year Built: 1918

Interior Features

  • Appliances: Stove: Gas 4-burner cooktop; wall oven, Washer: Yes
  • Has Basement: Full basement constructed with steel I-beams, poured concrete, heating and cooling systems, domestic hot water heaters, generator access, irrigation system, separate electrical service to deep water pier. Exterior and interior access.
  • Full Bathrooms: 6
  • Half Bathrooms: 12
  • Total Bedrooms: 5
  • Fireplace Features: 3
  • Flooring: Hardwood, tile and carpet
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Entering the grand foyer one is drawn to the breathtaking views of the Harbor and Nantucket Sound through floor to ceiling windows leading to the expansive decks overlooking rolling lawns and the private beach with deep water dock.  An open floor plan provides wonderful entertaining space featuring fireplaces in both the living and dining rooms.  A library and comfortable home office offers access to the screen porch also opening from the living room.The fully applianced kitchen was updated in 2002, and leads to the oversize mudroom with a half bath and the service yard with enclosed outdoor shower.  An au pere or servant's bedroom and full bath completes the first floor., Floor 2: The master bedroom with en suite bath features a fireplace and private decks offering commanding views of the active harbor. Three additional bedrooms include private decks and/or baths., Floor 3: Originally servant's quarters when the house was built in 1918, conversion of this spacious area to additional bedrooms or a spectacular master suite awaits one's design.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Patio, Porch, Tennis, PvtBch, WViews
  • Foundation Details: Poured concrete
  • Other Structures: Detached two car garage with finished studio above.  Sunken garden. Beach storage shed and deep water pier.

Garage/Parking

  • Parking Features: Ample

Utilities

  • Heating: OFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 113256
  • Land Lease Expiration Date: 2013-12-31
  • Zoning: R25

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 50079
  • Tax Lot: 1.4 & 1.5
  • Tax Map Number: 5F
  • Tax Other Annual Assessment Amount: 5465000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 11, 2013
Sold by
Lautenberg Frank R Est
Bought by
Dlcd Llc
Seller's Agent
Judy Federowicz
Landmarks at TODAY Real Estate
Buyer's Agent
Gerrett Conover
Landvest MV
List Price
$7,950,000
Sold Price
$7,200,000
Premium/Discount to List
-$750,000
-9.43%
Current Estimated Value
$2,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,701,000
Avg. Annual Appreciation
-8.48%
Source: Public Records

Range of Values:

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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
Dlcd Llc $7,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dlcd Llc $8,500,000
Closed Dlcd Llc $4,078,524
Closed Dlcd Llc $3,500,000
Closed Dlcd Llc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $7,200,000 -9.4% $1,579 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $7,950,000 -- $1,743 / Sq Ft
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 $162,529 $21,470,200 $3,092,700 $18,377,500
2024 $172,361 $21,599,100 $3,221,600 $18,377,500
2023 $165,466 $22,604,700 $4,227,200 $18,377,500
2022 $160,749 $18,476,926 $2,220,326 $16,256,600
2021 $174,508 $19,030,300 $2,316,900 $16,713,400
2020 $177,553 $19,030,300 $2,316,900 $16,713,400
2019 $172,554 $18,817,200 $2,316,900 $16,500,300
2018 $140,172 $14,833,000 $2,316,900 $12,516,100
2017 $49,478 $5,431,200 $2,951,800 $2,479,400
2016 $26,119 $2,851,400 $2,804,300 $47,100
2015 $40,239 $4,511,100 $3,059,200 $1,451,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 25319

APN: TISB-000005F-000000-000001-000004