NOT LISTED FOR SALE

48 Prospect Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,251,000 - $1,374,000

3 Beds
3.5 Baths
2,016 Sq Ft
$644/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $750,000 $372 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,357/month

93 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System
  • Wood Flooring

About This Home

As of March 2021

This 20 year young colonial style house, set on just over a quarter acre, is centrally located in Oak Bluffs. 48 Prospect Avenue is a year round, heated home featuring 2,000+ square feet of living space. A full width farmer's porch, windows trimmed in decorative shutters, a large rear deck and ample grassy yard areas complete the exterior. The interiors are classically arranged with high ceilings, open eat in kitchen/dining room, living room with gas fireplace, first floor powder and laundry rooms and hardwood flooring. The second floor holds the master bedroom with en suite bath, walk in closet, two additional bedrooms and bath. A full height, walk out, heated, finished basement with full bath provide space for recreation or media room. Easy to show, call listing broker for appointment.

Last Agent to Sell the Property

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 07/22/2020

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • The property's road front is unimproved
  • Property is zoned Residential R1

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 71000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,134

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Lot Size Acres: 0.28
  • Road Surface Type: Unimproved
  • Directions: Eastville to Towanticut, left on Prospect
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Finished, Walk-Out Access, Interior Entry, Full
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 2016
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Private Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residential R1
  • Land Lease: No
  • Lot Size Sq Ft: 12197
  • Parcel #: 71000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5134
  • Tax Book Number: 1221-814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Mar 9, 2021
Sold by
Wolozin Rt
Bought by
Graham Steve and Graham Andrew
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Current Estimated Value
$1,297,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,448
Avg. Annual Appreciation
13.05%
Original Mortgage
$736,415
Outstanding Balance
$663,137
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,328

Purchase Details

Closed on
Jul 12, 2007
Sold by
Mullings Leith and Marable Manning
Bought by
Wolozin Harold and Wolozin Loretta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1999
Sold by
Nix Theophilus R
Bought by
Marable Manning and Mullings Leith
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
Graham Steve $750,000 None Available
Wolozin Harold $580,000 --
Marable Manning $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Steve $736,415
Previous Owner Nix Theophilus R $379,000
Previous Owner Wolozin Harold $285,000
Previous Owner Mullings Leith $475,000
Previous Owner Mullings Leith $425,000
Previous Owner Nix Theophilus R $310,500
Previous Owner Nix Theophilus R $62,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $750,000 -11.7% $372 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $849,000 -- $421 / 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 $5,326 $1,054,600 $538,400 $516,200
2024 $5,242 $1,002,300 $489,300 $513,000
2023 $4,975 $942,300 $518,600 $423,700
2022 $5,996 $883,000 $406,900 $476,100
2021 $5,241 $711,100 $306,300 $404,800
2020 $4,968 $667,700 $291,700 $376,000
2019 $4,901 $637,300 $268,400 $368,900
2018 $4,548 $580,800 $210,800 $370,000
2017 $4,261 $522,800 $199,800 $323,000
2016 $3,916 $482,900 $206,000 $276,900
2015 $3,680 $462,300 $206,000 $256,300
2014 $3,500 $448,200 $188,500 $259,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Russell Maloney

    Russel Maloney Real Estate

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    mv.unknownoffice

See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 32000366

Martha

APN: OAKB-000007-000100

Massachusetts Dukes County Oak Bluffs Oak Bluffs

48 Prospect Ave, Oak Bluffs, MA

This home is located at 48 Prospect Ave, Oak Bluffs, MA 02557 since 22 July 2020 and is currently estimated at $1,297,448, approximately $643 per square foot. This property was built in 1999. 48 Prospect Ave is a home located in Dukes County with nearby schools including Oak Bluffs Elementary School, Martha's Vineyard Regional High School, and Vineyard Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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