$1,925,000
SOLD SEP 13, 2024

585 Herring Creek Rd Vineyard Haven, MA 02568

2 Beds
1 Bath
704 Sq Ft
0.41 Acres

Recently Sold

$2,734 Per Sq Ft

4% Below List Price

10 Days on Market

About This Home

As of September 2024

This 2-bedroom waterfront bungalow is beautifully situated between Vineyard Sound and Lake Tashmoo. You can hear the ocean and feel the breeze from every room, and it's just a few steps to your private beach and a few more steps to launch your kayak or go clamming in the lake. Enjoy stunning sunrises and sunsets from front and back mahogany decks and fully relax and unwind at this stunning beach cottage. The interior was updated in 2014, and the exterior (roof, side shingles, wood gutters, and decks with stairs) was renovated in 2020. A new heat pump HVAC system was also installed in 2020. There is a strong rental income stream, and more financial information is available upon request. Whether you want to use the property as a beach getaway, an investment, or both, this amazing home is a must-see!

Last Agent to Sell the Property

Cassie Courtney

Wallace & Co. Sotheby's Listed on: 07/05/2024

Last Buyer's Agent

Christine Rose

Martha's Vineyard Island-Wide Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,296

Year Built

1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 741
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Appliances: Stove: Y, Washer: Y
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: No
  • Interior Amenities: MiniSplit,OSh
  • Main Level Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool Private: No
  • Foundation Details: Piers

Garage/Parking

  • Parking Features: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 18295
  • Land Lease Expiration Date: 2025-12-15
  • Zoning: R50

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 7671
  • Tax Lot: 8.1
  • Tax Map Number: 32C
  • Tax Other Annual Assessment Amount: 880200
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Oct 9, 2020
Sold by
Grunwald Henry Est
Bought by
Elkind Craig and Lai Christine
Seller's Agent
Shakti Reynolds
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Cassie Bradley
Wallace & Co. Sotheby's International Realty
List Price
$1,495,000
Sold Price
$915,000
Premium/Discount to List
-$580,000
-38.8%
Current Estimated Value
$2,034,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,119,713
Avg. Annual Appreciation
17.95%

Purchase Details

Closed on
Aug 25, 1978
Bought by
Grunwald Peter A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $915,000 None Available
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $1,925,000 -3.5% $2,734 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $1,995,000 +118.0% $2,834 / Sq Ft
10/14/2020 10/14/20 Sold $915,000 0.0% $1,300 / Sq Ft
10/14/2020 10/14/20 Sold $915,000 -38.8% $1,300 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
08/19/2020 08/19/20 Pending -- -- --
05/11/2017 05/11/17 For Sale $1,495,000 -20.3% $2,124 / Sq Ft
05/16/2014 05/16/14 For Sale $1,875,000 -- $2,663 / 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 $9,296 $1,228,000 $1,012,300 $215,700
2024 $8,538 $1,069,900 $880,200 $189,700
2023 $7,469 $1,020,400 $838,400 $182,000
2022 $9,407 $1,081,207 $864,307 $216,900
2021 $17,856 $1,947,200 $1,767,900 $179,300
2020 $17,919 $1,920,601 $1,767,901 $152,700
2019 $15,769 $1,719,600 $1,571,500 $148,100
2018 $17,567 $1,858,900 $1,730,900 $128,000
2017 $19,067 $2,093,000 $1,976,900 $116,100
2016 $17,498 $1,910,300 $1,803,300 $107,000
2015 $17,122 $1,919,500 $1,817,100 $102,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 42212

APN: TISB-000032C-000000-000008-000001