NOT LISTED FOR SALE

56 Hidden Cove Rd Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,719,000 - $2,188,000

3 Beds
3.5 Baths
1,896 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $882,000 $465 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $10,840/month

93 Days on Market

Highlights

  • 1.39 Acre Lot
  • Patio
  • Garden
  • Deck

About This Home

As of December 2017

This impeccably renovated home in the Hidden Cove Community offers quality, beauty, and comfort in a welcoming association that is coveted for its wonderful water experience to enjoy kayaking and boating on Sengekontacket Pond. The entire house has been renovated inside and out. The interior kitchen was remodeled with Kitchen Aid and Amana appliances, and throughout the house there are Jeld-Wen solid core doors, casement and baseboard molding, hardwood flooring, 2 new bathrooms, 2 renovated bathrooms, 3 en suite bedrooms. Outside renovations include Marvin double hung windows, Andersen sliders, custom built outdoor shower, extensive decking, blue stone patio with fire pit, extensive landscaping, and irrigation system. The detached garage is handsome and houses all the tools and toys while the unfinished basement is immaculate, revealing the high quality systems such as state of the art electric heat pump for heat and A/C (3 zones), and drainage and plumbing to to support additional living space, a 4th bedroom and bath.

Last Agent to Sell the Property

Leslie Pearlson

Tea Lane Associates Listed on: 07/18/2017

Last Buyer's Agent

Fred Roven

Martha's Vineyard Buyer Agents

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,911

Year Built

  • Built in 1992 | Remodeled in 2012

Lot Details

  • 1.39 Acre Lot
  • Garden
  • Property is zoned R3

Home Design

  • 1,896 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • $345,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,911

Year Built

Built in 1992 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Beautifully landscaped, lovely plantings, fire pit, extensive decking...
  • LotSizeAcres: 1.387
  • View: None, D/Pnd
  • Co List Office Mls Id: 719
  • Building Area Total: 1896
  • Has Fireplace?: No
  • Effective Year Built: 2012
  • Year Built: 1992
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Appliances: Stove: Stainless Kitchen Aid 2012, Washer: Amana 2013
  • Has Basement: Unfinished but houses all systems and is plumbed to support a fourth bedroom and full bath.
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Beautiful stone fire place built by John Maloney
  • Flooring: 2
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Generous cook's kitchen with custom cabinetry and lovely lighting, open dining living area, half bath, first floor master and master bath which is currently being used as a den/study..., Floor 2: Second master bedroom with full bath, open loft area, third bedroom and third full bath..., Floor 3: N/A
  • Main Level Bedrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Patio, C/Tennis, Cov
  • Foundation Details: Cement block
  • Other Structures: Detached garage with "attic" that could be converted into more usable space.

Garage/Parking

  • Parking Features: Driveway and detached garage with plenty of room for storage and attic

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 60417
  • Land Lease Expiration Date: 2018-06-22
  • Zoning: R3

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5911.31
  • Tax Lot: 56
  • Tax Map Number: 57
  • Tax Other Annual Assessment Amount: 345000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Dec 11, 2017
Sold by
Madigan Timothy G and Madigan Christine
Bought by
Kingslow Leslie W and Williams Andrea E
Seller's Agent
Leslie Pearlson
Tea Lane Associates
Buyer's Agent
Fred Roven
Martha's Vineyard Buyer Agents
List Price
$925,000
Sold Price
$882,000
Premium/Discount to List
-$43,000
-4.65%
Current Estimated Value
$1,931,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,634
Avg. Annual Appreciation
10.59%
Original Mortgage
$705,600
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2011
Sold by
J And J Fay Lt
Bought by
Madigan Timothy G and Madigan Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Kingslow Leslie W $882,000 --
Madigan Timothy G $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingslow Leslie W $705,600
Previous Owner Madigan Timothy G $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $882,000 -4.6% $465 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $925,000 -- $488 / 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 $7,665 $1,517,800 $716,800 $801,000
2024 $7,460 $1,426,300 $651,400 $774,900
2023 $6,953 $1,316,800 $633,000 $683,800
2022 $6,125 $902,000 $462,100 $439,900
2021 $6,304 $855,300 $407,800 $447,500
2020 $5,997 $806,100 $388,400 $417,700
2019 $5,904 $767,800 $357,500 $410,300
2018 $5,876 $750,500 $339,600 $410,900
2017 $5,763 $707,100 $345,000 $362,100
2016 $5,203 $641,500 $355,600 $285,900
2015 $4,951 $622,000 $355,600 $266,400
2014 $5,621 $719,700 $463,600 $256,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 32184

APN: OAKB-000057-000056