NOT LISTED FOR SALE

Estimated Value: $1,802,000 - $6,224,000

4 Beds
3 Baths
1,810 Sq Ft
$2,309/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $2,900,000 $1,602 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $23,680/month

232 Days on Market

Highlights

  • Home fronts a sound
  • Cape Cod Architecture
  • Fireplace
  • 3.03 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

WATERFRONT beach house with PRIVATE SANDY BEACH connected to Lambert's Cove. This home has been renovated by one of Boston's hottest young designers and comes fully stocked down to the brand-new kitchenware and linens. The fixtures and furnishings have been sourced by professional designers who have combined them to create a sophisticated but casual vibe. In addition to the 3 bedrooms in the main house there is a guest wing with a bedroom suite and bonus area. There is also a detached TV and game room. A 300-ft deck provides elbow room for entertaining and there is a secluded fire pit area with teepee. A short walk down a sandy path takes you to a quiet overlook with 180-degree views of Vineyard Sound. The sunsets from here are spectacular. Beside that is a staircase leading to your priva

Last Agent to Sell the Property

Mark Jenkins

Wallace & Co. Sotheby's International Realty License #448006617 Listed on: 06/04/2019

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Sheila Morse

Island Real Estate License #448001484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 3.03 Acre Lot
  • Home fronts a sound
  • Dirt Road
  • Near Conservation Area
  • Property is zoned RU

Home Design

  • Cape Cod Architecture
  • Slab Foundation

Interior Spaces

  • 1,810 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,000

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Lot Size Acres: 3.03
  • Road Surface Type: Dirt
  • Directions: Boghouse Way is off Lambert's Ciove Road. Follow until you see #56 on your left.
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Renovated: 2019

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 1810
  • Stories: 2

Exterior Features

  • Lot Features: Conservation Area
  • Pool Private: No
  • Waterfront Features: Sound
  • Waterfront: Yes
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RU
  • Land Lease: No
  • Lot Size Sq Ft: 131987
  • Parcel #: 1010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9000
  • Tax Book Number: 1464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jan 15, 2020
Sold by
Farmer Klein Properties
Bought by
Lynley Projects Llc
Seller's Agent
Mark Jenkins
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Sheila Morse
Island Real Estate
List Price
$3,200,000
Sold Price
$2,900,000
Premium/Discount to List
-$300,000
-9.38%
Current Estimated Value
$4,178,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,278,974
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 30, 2018
Sold by
Jessie C Sibert Lt
Bought by
Propertie Farmer Klein
Seller's Agent
Douglas Reece
RE/MAX on Island
Buyer's Agent
Mark Jenkins
Wallace & Co. Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.65%

Purchase Details

Closed on
May 24, 2017
Sold by
William C Sibert Lt
Bought by
Sibert Alan C and Sibert John W

Purchase Details

Closed on
Apr 23, 2013
Sold by
Sibert Ft
Bought by
Jessie C Sibert Lt

Purchase Details

Closed on
Dec 28, 2004
Sold by
Sibert William C and Sibert Jessie C
Bought by
Sibert Tr William C and Sibert Jessie C
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
Lynley Projects Llc $2,900,000 None Available
Propertie Farmer Klein $1,500,000 --
Sibert Alan C -- --
Jessie C Sibert Lt -- --
Sibert Tr William C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2020 01/27/20 Pending -- -- --
01/22/2020 01/22/20 Sold $2,900,000 -9.4% $1,602 / Sq Ft
06/04/2019 06/04/19 For Sale $3,200,000 +113.3% $1,768 / Sq Ft
03/30/2018 03/30/18 Sold $1,500,000 -9.1% $829 / Sq Ft View Prior Sale
03/26/2018 03/26/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $1,650,000 -- $912 / 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 $19,072 $4,210,200 $3,510,800 $699,400
2024 $17,524 $4,075,400 $3,409,000 $666,400
2023 $17,682 $4,055,500 $3,426,000 $629,500
2022 $16,002 $2,749,500 $2,317,500 $432,000
2021 $15,526 $2,545,300 $2,162,900 $382,400
2020 $15,460 $2,546,900 $2,162,900 $384,000
2019 $10,871 $1,759,100 $1,571,700 $187,400
2018 $16,291 $2,688,300 $2,500,800 $187,500
2017 $14,287 $2,393,200 $2,223,200 $170,000
2016 $13,876 $2,289,700 $2,105,300 $184,400
2015 $13,124 $2,298,400 $2,105,300 $193,100
2014 $12,257 $2,265,700 $2,094,100 $171,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21805135

Martha

APN: WTIS-000003-000004