NOT LISTED FOR SALE

7 Richmond Ave Oak Bluffs, MA 02568

Oak Bluffs Neighborhood

Estimated Value: $879,266 - $1,003,000

3 Beds
1 Bath
1,120 Sq Ft
$846/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $800,000 $714 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,445/month

25 Days on Market

About This Home

As of June 2023

Ranch-style home located off Wing Road in Oak Bluffs... one lot from the corner of Richmond and Franklin Street. Great location for easy access to town and beaches. Level lot with ample yard and plenty of room in the back yard for gardens. The house needs updating and is being sold AS IS. It is the buyer's responsibility to upgrade the cesspool system to a Title V system. 3 bedrooms and 1 full bath. Large eat-in kitchen. Rear deck off kitchen with outdoor shower. Forced hot water oil heat. Well insulated. Full basement. Broker has owner interest.

Last Agent to Sell the Property

Richard Coutinho

Wiggy's Pond Real Estate Listed on: 05/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,600

Year Built

  • 1970

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R1

Home Design

  • Block Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • $323,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,600

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 767
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 0
  • Interior Amenities: Ins,OSh, Floor 1: 3 bedrooms, full bath, eat-in kitchen, front living room, Floor 2: 0, Floor 3: 0
  • Main Level Bedrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Pool Private: No
  • Foundation Details: cement block
  • Other Structures: none

Garage/Parking

  • Parking Features: ample parking in driveway

Utilities

  • Sewer: Cesspool
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 10890
  • Land Lease Expiration Date: 2023-11-01
  • Zoning: R1

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3600
  • Tax Lot: 1
  • Tax Map Number: 17
  • Tax Other Annual Assessment Amount: 323000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2009
Sold by
Coutinho Richard F
Bought by
Wiggys Prop Llc
Current Estimated Value
$947,817
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
Wiggys Prop Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $800,000 -5.9% $714 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $850,000 -- $759 / 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 $3,834 $759,300 $485,700 $273,600
2024 $3,862 $738,500 $441,400 $297,100
2023 $3,727 $705,800 $428,900 $276,900
2022 $3,681 $542,100 $323,000 $219,100
2021 $3,494 $474,100 $278,200 $195,900
2020 $3,322 $446,500 $265,000 $181,500
2019 $3,145 $409,000 $231,100 $177,900
2018 $3,025 $386,300 $208,700 $177,600
2017 $2,868 $351,900 $197,800 $154,100
2016 $2,668 $329,000 $204,000 $125,000
2015 $2,532 $318,100 $204,000 $114,100
2014 $2,431 $311,300 $187,700 $123,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Coutinho

    Wiggy's Pond Real Estate

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 39420

APN: OAKB-000017-000001

Massachusetts Dukes County Oak Bluffs 02568 Oak Bluffs

7 Richmond Ave, Oak Bluffs, MA

This home is located at 7 Richmond Ave, Oak Bluffs, MA 02568 since 01 May 2023 and is currently estimated at $947,817, approximately $846 per square foot. This property was built in 1970. 7 Richmond Ave is a home located in Dukes County with nearby schools including Oak Bluffs 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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