NOT LISTED FOR SALE

7 E Chop Dr Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,969,000 - $4,976,338

5 Beds
4 Baths
3,422 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $3,450,000 $1,008 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,780/month

12 Days on Market

Highlights

  • Ocean View
  • Deck
  • Patio
  • Property Fronts a Bay or Harbor
  • Porch
  • 1-minute walk to Washington Park

About This Home

As of October 2021

OAK BLUFFS HARBOR/BEACH FRONT THREE FAMILY with a fully equipped DOCK! Perfectly sited EAST CHOP location between harbor and Washington Park. Outstanding water views of Oak Bluffs Harbor and Nantucket Sound beyond. Loaded with island charm and just steps to historic Oak Bluffs village shopping, eateries, ferries and beaches. Tucked in to its very own corner, abutting only one residential property, the setting is unexpectedly private. INCOME PRODUCER this renovated three family waterfront property has a deep water dock that’s conveniently serviced with water and electricity. The first floor is comprised of two apartments; a 2 bedroom, 1 bathroom unit plus a 1 bedroom, 1 bathroom unit with utility room - both have living/kitchen/dining rooms that lead to patio areas facing harbor, beach and dock. The second floor is a spacious retreat with 3 bedrooms and over 1,500 sq. ft. of comfortable open space with living, dining, kitchen and a fabulous den with wood stove and access to the covered deck. PANORAMIC VIEWS and the MARINA at your fingertips – all in the heart of this picturesque seaside town! Excellent rental history and endless possibilities.

Last Agent to Sell the Property

Helena Kirschenbaum

Studio Realty Listed on: 07/22/2021

Last Buyer's Agent

Helena Kirschenbaum

Studio Realty Listed on: 07/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,652

Year Built

  • Built in 1850 | Remodeled in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Property Fronts a Bay or Harbor

Interior Spaces

  • 3,422 Sq Ft Home
  • Partially Furnished
  • Ocean Views
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 136
  • $1,369,900 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,652

Year Built

Built in 1850 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi Family
  • Frontage: Bay/Harbor
  • Lot Features: Beachfront patio and dock
  • LotSizeAcres: 0.1199
  • View: Ocean
  • Co List Office Mls Id: 743
  • Building Area Total: 3422
  • Has Fireplace?: No
  • Effective Year Built: 2020
  • Year Built: 1850
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1850
  • Year Renovated: 2020

Interior Features

  • Appliances: Stove: Yes - 3, Washer: Yes - 2
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood stove
  • Interior Amenities: WdStove, Floor 1: TWO first floor units both have access from the front parking area and harbor/beachfront patio side. The 2 bedroom apartment and 1 bedroom apartment can be joined easily to create one larger unit. Each apartment has its own kitchen, living, dining area and a full bathroom., Floor 2: Front and back stairs allows access to both the parking area and beach/patio/dock. Open and comfortable with panoramic views from nearly every room in this wonderful perch! Take in the nautical wonderland with active harbor and Nantucket Sound scenery. This 3 bedroom 2 bathroom unit has been thoughtfully updated and beautifully maintained - a truly complete package!

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, Deck, Patio, PubBch, PvtBch, Porch

Garage/Parking

  • Parking Features: Front on-site

Utilities

  • Heating: Propane
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 5227
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 14652
  • Tax Lot: 136
  • Tax Map Number: 8
  • Tax Other Annual Assessment Amount: 1369900
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 2, 2021
Sold by
Schofield Rt
Bought by
7 East Chop Llc
Seller's Agent
Helena Kirschenbaum
Studio Realty
Buyer's Agent
Helena Kirschenbaum
Studio Realty
List Price
$3,000,000
Sold Price
$3,450,000
Premium/Discount to List
$450,000
15%
Current Estimated Value
$3,829,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,779
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
May 5, 2008
Sold by
Schofield Doris
Bought by
Schofield Rt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7 East Chop Llc $3,450,000 None Available
Schofield Rt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $3,450,000 +15.0% $1,008 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $3,000,000 -- $877 / 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 $18,667 $3,696,400 $3,005,600 $690,800
2024 $17,319 $3,311,500 $2,731,400 $580,100
2023 $16,925 $3,205,500 $2,654,000 $551,500
2022 $14,671 $2,160,700 $1,614,600 $546,100
2021 $13,624 $1,848,600 $1,369,900 $478,700
2020 $13,024 $1,750,600 $1,304,700 $445,900
2019 $12,951 $1,684,100 $1,246,200 $437,900
2018 $13,090 $1,671,800 $1,233,300 $438,500
2017 $12,737 $1,562,800 $1,169,100 $393,700
2016 $12,704 $1,566,400 $1,205,200 $361,200
2015 $12,289 $1,543,900 $1,205,200 $338,700
2014 $12,016 $1,538,500 $1,204,000 $334,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Helena Kirschenbaum

    Studio Realty

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 38509

APN: OAKB-000008-000136

Massachusetts Dukes County Oak Bluffs Oak Bluffs

7 E Chop Dr, Oak Bluffs, MA

Not Listed for Sale

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