NOT LISTED FOR SALE

56 Summit Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,158,000 - $1,248,000

3 Beds
2 Baths
1,428 Sq Ft
$844/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $670,000 $469 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,770/month

About This Home

As of May 2021

Not listed in LINK.

Last Agent to Sell the Property

LINK Email Cache

LINK Listed on: 05/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • 1987

Lot Details

  • 10,018 Sq Ft Lot

Home Design

  • 1,428 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot 76
  • $276,200 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • LotSizeAcres: 0.23
  • View: None, Pasture
  • Co List Office Mls Id: 2
  • Building Area Total: 1428
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Porch

Utilities

  • Heating: Other
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 10018
  • Land Lease Expiration Date: 2022-05-26

Tax Info

  • Tax Annual Amount: 2868
  • Tax Lot: 76
  • Tax Map Number: 21
  • Tax Other Annual Assessment Amount: 276200
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
May 17, 2021
Sold by
Pereira Tania D
Bought by
Island Inv Prop Llc
Seller's Agent
LINK Email Cache
LINK
Sold Price
$670,000
Current Estimated Value
$1,205,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,736
Avg. Annual Appreciation
13.73%
Original Mortgage
$400,000
Outstanding Balance
$364,037
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$805,606

Purchase Details

Closed on
Apr 8, 2013
Sold by
Pereira Tania D and Jordal Bradle L
Bought by
Pereira Tania D

Purchase Details

Closed on
Jan 3, 2011
Sold by
Pereira Tania D
Bought by
Pereira Tania D and Jordal Brandie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,950
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2010
Sold by
Uusitalo Helen
Bought by
Federal National Mortgage Association
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
Island Inv Prop Llc $670,000 None Available
Pereira Tania D -- --
Pereira Tania D -- --
Pereira Tania D $311,900 --
Federal National Mortgage Association $420,733 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Island Inv Prop Llc $400,000
Previous Owner Pereira Tania D $297,950
Previous Owner Wade Barbara J $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $670,000 -- $469 / 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 $4,839 $958,200 $482,900 $475,300
2024 $4,791 $916,000 $438,900 $477,100
2023 $4,813 $911,600 $426,400 $485,200
2022 $4,646 $684,200 $321,200 $363,000
2021 $3,964 $537,800 $276,200 $261,600
2020 $3,764 $505,900 $263,000 $242,900
2019 $3,597 $467,800 $229,400 $238,400
2018 $3,491 $445,900 $207,200 $238,700
2017 $3,307 $405,800 $196,400 $209,400
2016 $3,102 $382,500 $202,500 $180,000
2015 $2,941 $369,500 $202,500 $167,000
2014 $2,793 $357,600 $187,100 $170,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    LINK Email Cache

    LINK

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 38271

APN: OAKB-000021-000076

Massachusetts Dukes County Oak Bluffs Oak Bluffs

56 Summit Ave, Oak Bluffs, MA

This home is located at 56 Summit Ave, Oak Bluffs, MA 02557 since 17 May 2021 and is currently estimated at $1,205,736, approximately $844 per square foot. This property was built in 1987. 56 Summit Ave is a home located in Dukes County with nearby schools including Oak Bluffs Elementary School and Martha's Vineyard Regional High 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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