NOT LISTED FOR SALE

Estimated Value: $3,669,000 - $6,534,462

3 Acres
$1,681,705 Price per Acre
130,680 Sq Ft Lot

Last Sold November 13, 2014

Last sale price $2,100,000 $559 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $29,139/month

124 Days on Market

About This Lot

As of November 2014

This spectacular site overlooks the Vineyard Sound with breathtaking panoramic views. Offered as is, this Hutcker Design with permits in place is framed and ready to be completed. Or, start new with your design. A short deeded path leads to a private sandy beach owned by Sheriff's Meadow. Walk five minutes through dunes to this secluded peaceful shore...one of the few places on the island where the beach is growing rather than eroding. The original house on the site was designed in 1984 by celebrated modern architect Steven Holl. A seasonal home, it won prestigious awards but fell into disrepair and was torn down by the current owners. The current plans keep the exterior form and spirit of the original home but add an additional 1890 square feet of living space and provide for state of the art systems including environmentally sensitive energy efficient sustainable design. This home design of 3756 square feet of living space includes a second story room that could not be built today, an amazing roof deck as well as a wonderful deck off the living room...all with incredible views. The plans provide for an open living dining kitchen area with walls of glass to let the outside in, a breakfast nook, a spacious master suite with a separate sitting room, 3 additional bedrooms and a family room. Outside there are plans for a south facing courtyard garden (landscape design plans by Horiuchi Solien), a small detached studio/shed and a garage. Breathtaking site and superb design....A once-in-a lifetime property and a rare opportunity. (Architectural renderings courtesy of Hutker Architects).

Last Agent to Sell the Property

Abby Rabinovitz

Tea Lane Associates Listed on: 07/03/2014

Last Buyer's Agent

Bob Righter

Tea Lane Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 2012

Lot Details

  • 3 Acre Lot
  • Property is zoned RU

Home Design

  • 3,756 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 38
  • $1,178,600 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$5,676

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 3
  • View: None
  • Co List Office Mls Id: 719
  • Building Area Total: 3756
  • Year Built: 2012
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Floor 1: Bedroom and bath count provided are based on the proposed design plans provided.

Exterior Features

  • Pool Private: No
  • Foundation Details: yes
  • Other Structures: Studio/Shed, Garage included in plans

Garage/Parking

  • Parking Features: yes

Utilities

  • Heating: Other
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 130680
  • Zoning: RU

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5676
  • Tax Lot: 38
  • Tax Map Number: 5
  • Tax Other Annual Assessment Amount: 1178600
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jan 4, 2012
Sold by
Tuck Alan and Tuck Susan
Bought by
Brown Herbert N and Lager Catherine A
Seller's Agent
Jim Feiner
Feiner Real Estate
Buyer's Agent
Abby Rabinovitz
Tea Lane Associates
List Price
$2,160,000
Sold Price
$2,160,000
Current Estimated Value
$5,045,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,885,116
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
May 15, 1992
Sold by
Berkowitz Steven and Odgis Janet
Bought by
Tuck Alan and Tuck Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Herbert N $2,160,000 --
Brown Herbert N $2,160,000 --
Tuck Alan $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuck Alan $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2014 11/13/14 Sold $2,100,000 -15.2% $559 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $2,475,000 +14.6% $659 / Sq Ft
02/08/2012 02/08/12 Sold $2,160,000 0.0% $1,158 / Sq Ft View Prior Sale
02/08/2012 02/08/12 For Sale $2,160,000 -- $1,158 / 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 $30,901 $4,571,200 $2,306,400 $2,264,800
2024 $28,152 $4,398,800 $2,238,500 $2,160,300
2023 $26,833 $4,398,800 $2,238,500 $2,160,300
2022 $22,779 $3,633,000 $2,241,600 $1,391,400
2021 $21,084 $3,299,600 $2,011,700 $1,287,900
2020 $20,743 $3,045,900 $1,833,900 $1,212,000
2019 $18,641 $3,045,900 $1,833,900 $1,212,000
2018 $17,055 $3,112,300 $1,969,200 $1,143,100
2017 $15,337 $2,788,500 $1,932,600 $855,900
2016 $10,836 $2,025,500 $1,932,600 $92,900
2015 $8,973 $1,752,500 $1,613,100 $139,400
2014 $8,219 $1,752,500 $1,613,100 $139,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 27058

APN: GAYH-000005-000000-000038