NOT LISTED FOR SALE

48 Forest Rd Vineyard Haven, MA 02568

West Tisbury Neighborhood

Estimated Value: $4,333,000 - $6,294,004

8 Beds
4 Baths
4,800 Sq Ft
$1,107/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $5,500,000 $1,146 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $30,685/month

About This Home

Waterfront in Seven Gates Farm and rare opportunities are synonyms. This coveted community offers nearly 2,000 acres of the Island's most beautiful, dramatic conservation land including two miles of walkable beach, two docks, two tennis courts and extensive trails. This waterfront home, an originally circa 1932 build was purposely aimed for sentimental reasons toward Tarpaulin Cove. Some of the lumber used for the build was reportedly sailed to the site from Maine, possibly because the owners family summered in N.E. Harbor, Maine. The u-shaped dwelling with inner courtyard provides inviting picturesque views of a lower pond and Vineyard Sound the eight bedroom, four bathroom 4,800 square foot home is nestled into a gentle slope of this 6.1 acre parcel.The family matriarch purchased the home in 1955 and then in 1956 winterized, modernized the interior and had a garage built. This long standing home with history is eagerly awaiting a new owner to begin this home's next chapter

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2023 03/09/23 Sold $5,500,000 -19.1% $1,146 / Sq Ft View Prior Sale
02/10/2023 02/10/23 Pending -- -- --
10/03/2022 10/03/22 Price Changed $6,800,000 -9.3% $1,417 / Sq Ft
06/10/2022 06/10/22 Price Changed $7,500,000 -11.8% $1,563 / Sq Ft
11/20/2021 11/20/21 For Sale $8,500,000 -- $1,771 / Sq Ft

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 $33,810 $7,463,500 $6,944,600 $518,900
2024 $31,111 $7,235,200 $6,743,200 $492,000
2023 $37,860 $8,683,400 $8,048,300 $635,100
2022 $33,805 $5,808,400 $5,389,600 $418,800
2021 $27,839 $4,563,700 $4,175,300 $388,400
2020 $34,273 $4,563,700 $4,175,300 $388,400
2019 $9,636 $4,529,500 $4,175,300 $354,200
2018 $26,586 $4,387,200 $4,042,500 $344,700
2017 $9,182 $4,457,600 $4,131,800 $325,800
2016 $25,533 $4,213,400 $3,926,000 $287,400
2015 $24,059 $4,213,400 $3,926,000 $287,400
2014 $27,161 $5,020,500 $4,827,200 $193,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Osmundsen

    Seller's Agent in 2023

    Jim Osmundsen

    Donnelly + Co.

    (914) 924-8202

    2 in this area

    7 Total Sales

    Jim Osmundsen
    Section Image
  • Jarrett Hurwitz

    Buyer's Agent in 2023

    Jarrett Hurwitz

    Keller Williams Realty

    (845) 596-6740

    2 in this area

    50 Total Sales

    Jarrett Hurwitz
    Section Image
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Map

Massachusetts Dukes County Vineyard Haven 02568 West Tisbury

48 Forest Rd, Vineyard Haven, MA

Not Listed for Sale

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