NOT LISTED FOR SALE

61 Ocean Ave Unit A Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $921,000 - $1,317,642

1 Bed
1 Bath
659 Sq Ft
1925 Built

Last Sold November 26, 2019

Last sale price $499,000 $757 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,613/month

169 Days on Market

Highlights

  • Beach
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Tennis Courts

About This Home

As of November 2019

Ocean park Jewel. Amazing and one-of-a-kind opportunity to own a condo on Ocean Park. This one bedroom first floor unit has a fantastic private porch looking out onto picturesque Ocean Park with an equally amazing view of the Ocean beyond. This special window on the world needs to be seen to be appreciated. The interior space features hardwood floors and freshly painted walls. Being sold completely furnished with weekly rentals in place for the 2019 season. The interior fireplace is used for decorative purposes and would need repair to function. The fireplace is the sole responsibility of Unit 1 and not the condominium association..

Last Agent to Sell the Property

Lisa Lucier

Anchor Realty of MV License #448011973 Listed on: 04/11/2019

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • Near Conservation Area
  • Landscaped
  • Cleared Lot

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Asphalt Roof
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 659 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Partial Basement
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 104A

Community Details

Overview

  • No Home Owners Association
  • Association fees include snow removal

Amenities

  • Common Area

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,185

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: On Ocean Park #61
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Renovated: 2017

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Bulkhead Access, Partial
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 659
  • Stories: 1
  • Master Bedroom Features: Ceiling Fan(s), View, Primary Bedroom

Exterior Features

  • Lot Features: Bike Path, Shopping, School, Public Tennis, In Town Location, Harbor, Near Golf Course, Conservation Area, Cleared
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Clapboard, Shingle Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Improved Driveway, Off Street

Utilities

  • Cooling: Other
  • Heating: Baseboard
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Community Features: Beach, Landscaping, Conservation Area, Common Area, Playground
  • Amenities: Common Area, Landscaping
  • Association: No

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Zoning: Res
  • Land Lease: No
  • Parcel #: 104A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3185
  • Tax Book Number: 1421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Nov 8, 2019
Sold by
4 21 Kennebec Condo Rt
Bought by
Egan Christopher and Barse Elaine R
Seller's Agent
Lisa Lucier
Anchor Realty of MV
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$560,000
Sold Price
$499,000
Premium/Discount to List
-$61,000
-10.89%
Total Days on Market
169
Current Estimated Value
$1,104,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,911
Avg. Annual Appreciation
15.37%
Original Mortgage
$374,250
Outstanding Balance
$332,164
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$772,747

Purchase Details

Closed on
May 12, 2011
Sold by
Grady Lynda G
Bought by
Ll Ob Rt

Purchase Details

Closed on
Jun 17, 2002
Sold by
Clothier James G and Clothier Margaret M
Bought by
Grady Lynda G and Allred Dewitt T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.8%
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
Egan Christopher $499,000 --
Ll Ob Rt -- --
Grady Lynda G $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan Christopher $374,250
Previous Owner Allred Dewitt T $125,000
Previous Owner Grady Lynda G $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $499,000 -5.0% $757 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $525,000 -6.3% $797 / Sq Ft
04/11/2019 04/11/19 For Sale $560,000 -- $850 / 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 $5,280 $1,045,500 $0 $1,045,500
2024 $4,616 $882,600 $0 $882,600
2023 $3,817 $722,900 $0 $722,900
2022 $3,908 $575,500 $0 $575,500
2021 $3,671 $498,100 $0 $498,100
2020 $3,248 $436,500 $0 $436,500
2019 $3,186 $414,300 $0 $414,300
2018 $3,130 $399,800 $0 $399,800
2017 $3,582 $439,500 $0 $439,500
2016 $3,373 $415,900 $0 $415,900
2015 $3,330 $418,400 $0 $418,400
2014 $3,433 $439,600 $0 $439,600
Source: Public Records

Agents Affiliated with this Home

  • Lisa Lucier

    Seller's Agent in 2019

    Lisa Lucier

    Anchor Realty of MV

    (508) 274-0311

    28 Total Sales

    Lisa Lucier
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    mv.unknownoffice

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804992

Martha

APN: OAKB-000010-000004-A000000

Massachusetts Dukes County Edgartown 02539 Edgartown

61 Ocean Ave Unit A, Edgartown, MA

This home is located at 61 Ocean Ave Unit A, Edgartown, MA 02539 since 11 April 2019 and is currently estimated at $1,104,911, approximately $1,676 per square foot. This property was built in 1925. 61 Ocean Ave Unit A is a home located in Dukes County with nearby schools including Edgartown 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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