NOT LISTED FOR SALE

Estimated Value: $123,668

1 Bed
1 Bath
232 Sq Ft
1958 Built

Last Sold November 22, 2016

Last sale price $70,000 $302 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $724/month

133 Days on Market

Highlights

  • Cooling Available
  • Outdoor Shower
  • Paved or Partially Paved Lot
  • Views
  • Hot Water Heating System

About This Home

As of November 2016

This is an investment property that also allows for easy getaways to the island of Martha's Vineyard. A beach front condo complex that is a short walk to downtown Vineyard Haven, the ferry, fine dining, shopping, movie theaters, and is on the VTA bus route. This second floor unit has a private full bath, 2 twin beds, TV, mini fridge, wall A/C unit and couch that pulls out into a bed. The efficient management team makes it easy by doing all the work. They clean it, they rent it, they keep flowers blooming in the courtyard and always have the beach ready to relax. As the owner, you let management know what days you would like to spend in your condo, then they rent the remainder of the days, take a percent for cleaning and expenses and then profits are all yours. Room comes furnished.

Last Agent to Sell the Property

Nic Korba

RE/MAX on Island License #448012416 Listed on: 06/13/2016

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $736

Year Built

  • Built in 1958

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Stucco

Interior Spaces

  • 232 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Outdoor Shower

Utilities

  • Cooling Available
  • Hot Water Heating System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number TISB9C923

Property Details

Home Type

Condominium

Est. Annual Taxes

$736

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1958
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Directly on Vineyard Haven Harbor. Less than 1/4 mile from 5 corners in Vineyard Haven towards Oak Bluffs on the Left. Sign says VINEYARD HARBOR MOTEL.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None

Interior Features

  • Appliances: Other Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 232
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Shower
  • Lot Features: In Town Location, Shopping
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Foundation Details: Block
  • Roof: Flat

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Cooling: Other
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Zoning: Commercial
  • Land Lease: No
  • Parcel #: TISB9C923
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 736
  • Tax Book Number: 1131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2007
Sold by
Murphy Christina and Murphy Sean
Bought by
Piacentini Louis W
Current Estimated Value
$123,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Outstanding Balance
$33,735
Interest Rate
6.7%
Mortgage Type
Commercial
Estimated Equity
$88,532

Purchase Details

Closed on
Jul 30, 2003
Sold by
Mill Plain Llc
Bought by
Murphy Christina and Murphy Sean
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
Piacentini Louis W $69,000 --
Murphy Christina $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piacentini Louis W $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $70,000 -17.6% $302 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $84,900 -- $366 / 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 $569 $77,800 $0 $77,800
2024 $621 $77,800 $0 $77,800
2023 $507 $75,400 $0 $75,400
2022 $551 $67,900 $0 $67,900
2021 $625 $72,800 $0 $72,800
2020 $636 $72,800 $0 $72,800
2019 $542 $62,900 $0 $62,900
2018 $478 $53,600 $0 $53,600
2017 $473 $55,300 $0 $55,300
2016 $474 $55,300 $0 $55,300
2015 $531 $63,700 $0 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21605404

Martha

APN: TISB-000009C-000000-000009-000023