NOT LISTED FOR SALE

Estimated Value: $2,406,000 - $3,628,000

4 Beds
4 Baths
2,674 Sq Ft
$1,228/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $2,380,000 $890 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $18,712/month

4 Days on Market

Highlights

  • Ocean Front
  • 3.12 Acre Lot
  • Contemporary Architecture
  • Home fronts a pond
  • Deck
  • Cathedral Ceiling

About This Home

As of March 2021

Perched on one of the highest points on the island, this property takes full advantage of the amazing views that sweep from east to the west, from Oak Bluffs to South Beach. The main level has a wonderful open floor concept with great light that filters through the rooms. The south side of the home has windows and doors that open onto the spacious deck, bringing the spectacular views into the home. The floor plan was very thoughtfully designed. There are a total of four bedrooms, two full baths, and two half baths. The lower level has a family room, two bedrooms, a full bath, the laundry room and a utility/storage area. The full size glass doors allow light to wash through the rooms. The lower level rooms look out to the meticulously landscaped yard and views of the pond. The garage is an added bonus to the property. This property has been lovingly maintained and updated through the years. It is located off a paved road, within walking distance to Land Bank trails, and close to Lambert's Cove Beach.

Last Agent to Sell the Property

Sheila Morse

Island Real Estate License #448001484 Listed on: 01/19/2021

Last Buyer's Agent

Alyssa Halisky

Wallace & Co. Sotheby's International Realty License #448007129

Wallace & Co. Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,723

Year Built

  • Built in 1991

Lot Details

  • 3.12 Acre Lot
  • Home fronts a pond
  • Ocean Front
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Property is zoned RU

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2,674 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Mud Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Butcher Block Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer
  • Gas Dryer

Parking

  • 6 Car Garage
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Treatment System
  • Well
  • Liquid Propane Gas Water Heater
  • Fuel Tank
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12/411

Community Details

Overview

  • No Home Owners Association

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,723

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1991
  • Lot Size Acres: 3.12
  • Road Surface Type: Paved
  • Directions: Upper Lambert's Cove Road to the first left, Hidden Village Road. Follow Hidden Village Road until you see Lookout Hill Road on the right. Follow this road to number 50. Second to last house on this r
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Washer, Water Treatment, Electric Range, Refrigerator, Gas Range, Microwave, Dryer - Gas, Propane Gas Water Heater, Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Mud Room, Pantry
  • Other Equipment: Fuel Tank(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Living Area: 2674
  • Stories: 2
  • Room Bedroom3 Features: Closet, Shared Full Bath
  • Dining Room Features: Dining Room
  • Room Bedroom4 Level: Lower
  • Kitchen Description: Countertops: Butcher
  • Room Bedroom4 Features: Shared Full Bath
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Lower
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Shared Full Bath, View
  • Master Bedroom Features: Closet, Shared Full Bath, Walk-In Closet(s), View, Private Half Bath, HU Cable TV
  • Room Kitchen Features: Breakfast Bar, Kitchen, Kitchen Island
  • Living Room Features: Built-in Features, View, HU Cable TV, Living Room, Cathedral Ceiling(s)
  • Dining Room Dining Room Level: First

Exterior Features

  • Exterior Features: Private Yard, Underground Sprinkler, Garden
  • Lot Features: Gentle Sloping, Views
  • Pool Private: No
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Front, Pond
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Poured, Slab
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Detached, Improved Driveway, Stone/Gravel
  • Total Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room, Lower Level
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Snow Removal
  • Association: No

Lot Info

  • Zoning: RU
  • Land Lease: No
  • Lot Size Sq Ft: 135907
  • Parcel #: 12/411
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8723
  • Tax Book Number: 551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 31, 2021
Sold by
Franklin Sheila S Est
Bought by
Horowitz Beth and Kazin Michael
Seller's Agent
Sheila Morse
Island Real Estate
Buyer's Agent
Alyssa Halisky
Wallace & Co. Sotheby's International Realty
List Price
$2,575,000
Sold Price
$2,380,000
Premium/Discount to List
-$195,000
-7.57%
Current Estimated Value
$3,282,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,636
Avg. Annual Appreciation
7.71%
Original Mortgage
$1,785,000
Outstanding Balance
$1,609,989
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,706,860

Purchase Details

Closed on
Jan 15, 1991
Sold by
Lookout Hill Rt
Bought by
Franklin David and Franklin Sheila
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
Horowitz Beth $2,380,000 None Available
Franklin David $177,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horowitz Beth $1,785,000
Previous Owner Franklin David $2,250,000
Previous Owner Franklin David $202,000
Previous Owner Franklin David $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $2,380,000 -7.6% $890 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $2,575,000 -- $963 / 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 $14,667 $3,237,800 $1,632,600 $1,605,200
2024 $12,081 $2,809,600 $1,585,300 $1,224,300
2023 $11,909 $2,731,500 $1,578,600 $1,152,900
2022 $8,973 $1,541,700 $880,500 $661,200
2021 $8,738 $1,432,500 $828,500 $604,000
2020 $8,723 $1,437,000 $828,500 $608,500
2019 $8,612 $1,393,500 $828,500 $565,000
2018 $8,470 $1,397,700 $828,500 $569,200
2017 $8,290 $1,388,600 $828,600 $560,000
2016 $7,763 $1,281,000 $787,400 $493,600
2015 $7,474 $1,309,000 $787,400 $521,600
2014 $6,955 $1,285,500 $881,000 $404,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32100014

Martha

APN: WTIS-000012-000041-000001