NOT LISTED FOR SALE

61 Ocean Ave Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $909,000 - $1,029,371

1 Bed
1 Bath
659 Sq Ft
1925 Built

Last Sold November 15, 2016

Last sale price $357,000 $542 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $5,406/month

About This Home

As of November 2016

This home is located at 61 Ocean Ave, Edgartown, MA 02539 since 15 November 2016 and is currently estimated at $964,843, approximately $1,464 per square foot. This property was built in 1925. 61 Ocean Ave is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Last Agent to Sell the Property

Non Member

mv.unknownoffice License #0 Listed on: 11/15/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,130

Year Built

  • Built in 1925

Home Design

  • 659 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 104A

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,130

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Garage Yn: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 659

Exterior Features

  • Pool Private: No
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3130
  • Tax Book Number: 1421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
Hjerpe Thomas and Hjerpe Mary J
Bought by
Grundy Sarah R and Grundy Derek J
Current Estimated Value
$964,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$716,182
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,661

Purchase Details

Closed on
Jun 12, 2015
Sold by
Baumhofer Richard A and Baumhofer Mark E
Bought by
Hjerpe Thomas and Hjerpe Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2015
Sold by
Baumhofer Richard A
Bought by
Baumhofer Mark E and Baumhofer Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Baumhofer Richard A and Baumhofer Mark E
Bought by
Baumhofer Richard A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grundy Sarah R $920,000 None Available
Hjerpe Thomas $300,000 --
Baumhofer Mark E -- --
Baumhofer Mark E -- --
Baumhofer Mark E -- --
Baumhofer Richard A -- --
Baumhofer Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundy Sarah R $736,000
Closed Grundy Sarah R $736,000
Previous Owner Hjerpe Thomas $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $357,000 0.0% $542 / Sq Ft
11/15/2016 11/15/16 For Sale $357,000 -- $542 / 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 $3,900 $772,200 $0 $772,200
2024 $3,171 $606,300 $0 $606,300
2023 $2,620 $496,300 $0 $496,300
2022 $2,685 $395,400 $0 $395,400
2021 $2,522 $342,200 $0 $342,200
2020 $2,300 $309,200 $0 $309,200
2019 $2,255 $293,300 $0 $293,300
2018 $2,216 $283,000 $0 $283,000
2017 $2,535 $311,100 $0 $311,100
2016 $2,384 $293,900 $0 $293,900
2015 $1,888 $237,200 $0 $237,200
2014 $1,841 $235,700 $0 $235,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Non Member

    mv.unknownoffice

See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 10004177

Martha

APN: OAKB-000010-000004-E000000

Massachusetts Dukes County Edgartown 02539 Edgartown

61 Ocean Ave, Edgartown, MA

Not Listed for Sale

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.

Martha IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes