NOT LISTED FOR SALE

71 Worcester Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $749,000 - $798,000

2 Beds
1 Bath
660 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $280,500 $425 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $4,527/month

109 Days on Market

About This Home

As of February 2015

Looking for a cozy Vineyard getaway in a great location?  Starter home with lots of potential?  Look no further then this 2 bedroom, 1 bath summer cottage with endless potential just steps from the Lagoon.  Glorious sunsets, shell fishing, swimming and more are just a short stroll away.  Enjoy evenings on the deck.  Close to the bike path.  New hardwood floors.  Expansion possibilities and more.  House is being sold "as is".  There is a kerosene monitor and tank at the house that is currently disconnected.  There is electric heat in the bathroom and living room.

Last Agent to Sell the Property

Michele Moore

Island Real Estate Listed on: 10/06/2014

Last Buyer's Agent

Skip Dostal

Martha's Vineyard R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R1

Home Design

  • 660 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Lot 50
  • $178,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 776
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Possible Use: 451
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Partial basement with ample storage and washer/dryer.
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: OSh, Floor 1: A very inviting open living, dining and kitchen area.  Small den is a perfect getaway for TV viewing or reading.  Two bedrooms.
  • Main Level Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: off street

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 7405
  • Land Lease Expiration Date: 2015-02-27
  • Zoning: R1

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1941
  • Tax Lot: 50
  • Tax Map Number: 15
  • Tax Other Annual Assessment Amount: 178300
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Siqueira-Lobo Maralisy
Bought by
Caine Patrick
Current Estimated Value
$783,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,750
Outstanding Balance
$178,003
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$605,442

Purchase Details

Listed on
Oct 6, 2014
Closed on
Feb 19, 2015
Sold by
Bell Henry E and Mills Leigh A
Bought by
Caine Patrick
Seller's Agent
Michele Moore
Island Real Estate
Buyer's Agent
Skip Dostal
Martha's Vineyard R.E.
List Price
$310,000
Sold Price
$280,500
Premium/Discount to List
-$29,500
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$286,224
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2011
Sold by
Fnma
Bought by
Bell Henry E and Mills Leigh A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2011
Sold by
Bac Hm Loans Servicing
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 8, 2006
Sold by
Flodstrom Ft
Bought by
Flodstrom Elizabeth M and Flodstrom Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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
Caine Patrick -- --
Caine Patrick $280,500 --
Bell Henry E $225,000 --
Federal National Mortgage Association -- --
Flodstrom Elizabeth M $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caine Patrick $269,750
Previous Owner Caine Patrick $286,224
Previous Owner Federal National Mortgage Association $202,500
Previous Owner Flodstrom Elizabeth M $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $280,500 -9.5% $425 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $310,000 -- $470 / 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 $3,101 $614,100 $473,100 $141,000
2024 $3,051 $583,300 $430,000 $153,300
2023 $2,985 $565,400 $417,800 $147,600
2022 $2,933 $431,900 $314,700 $117,200
2021 $2,744 $372,300 $268,900 $103,400
2020 $2,618 $351,900 $256,100 $95,800
2019 $2,441 $317,400 $223,400 $94,000
2018 $2,311 $295,200 $201,700 $93,500
2017 $2,223 $272,800 $191,200 $81,600
2016 $2,139 $263,700 $197,200 $66,500
2015 $2,045 $256,900 $197,200 $59,700
2014 $1,907 $244,200 $178,300 $65,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michele Moore

    Island Real Estate

  • S

    Buyer's Agent in 2015

    Skip Dostal

    Martha's Vineyard R.E.

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 27540

APN: OAKB-000015-000050

Massachusetts Dukes County Oak Bluffs Oak Bluffs

71 Worcester Ave, Oak Bluffs, MA

This home is located at 71 Worcester Ave, Oak Bluffs, MA 02557 since 06 October 2014 and is currently estimated at $783,445, approximately $1,187 per square foot. This property was built in 1940. 71 Worcester 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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