Seller's Agent in 2021
Rene Ben David
Ocean Park Realty, Inc.
(508) 847-4864
9 in this area
11 Total Sales
76 Summit Ave Oak Bluffs, MA 02557
Oak Bluffs NeighborhoodEstimated Value: $1,161,000 - $1,372,000
4
Beds
2
Baths
1,488
Sq Ft
$858/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- 1 Car Attached Garage
- Level Lot
About This Home
As of December 2021OAK BLUFFS: First time ever on the market! The original owners selling their beautiful 4 bedroom home with 2 full bathrooms located in Lagoon Heights on Summit Avenue, a quiet residential setting, about 1.5 miles from the center of town and just a short walk to the sandy beach on Lagoon Pond: enjoy what the island life really has to offer; sunbathing, swimming, boating, kayaking, and shellfishing. Property is ideal for either a primary residence or an investment with excellent potential for year round or seasonal income. Features easy living with a large open kitchen-dining-living area, a cozy sun room, an attached garage with an oversized garage door and separate entryway with a built-in green house in the rear. When you are ready, use your imagination and complete what the owner has started above the garage where there are 2 more rooms for flexible use that are already insulated with spray foam waiting for your finishing touches. A mini split unit with heat and air conditioning has been installed above the garage, and the main house has forced hot air heat with AC.This wonderful property is situated on a larger lot of 14,810 sq ft. offering two driveways, mature plantings throughout, a storage shed, and another structure previously used as a chicken coop.
Very easy to show, A must see!! NOTE: Agent is a relative of the Sellers.
Last Agent to Sell the Property
Ocean Park Realty, Inc. License #448011976 Listed on: 12/28/2021
Last Buyer's Agent
Lynn Buder
Landmarks Real Estate of Martha's Vineyard
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,537
Year Built
- Built in 1982 | Remodeled
Lot Details
- 0.34 Acre Lot
- Dirt Road
- Level Lot
- Property is zoned R1
Parking
- 1 Car Attached Garage
- Off-Street Parking
Home Design
- Cape Cod Architecture
Interior Spaces
- 1,488 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 21690
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2021
Closed on
Dec 30, 2021
Sold by
Correira Michael F and Correira Jean M
Bought by
Rosa Leidinaura F
Seller's Agent
Rene Ben David
Ocean Park Realty, Inc.
Buyer's Agent
Lynn Buder
Landmarks Real Estate of Martha's Vineyard
List Price
$999,500
Sold Price
$999,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,951
Avg. Annual Appreciation
7.27%
Original Mortgage
$768,000
Outstanding Balance
$709,253
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$586,535
Purchase Details
Closed on
Dec 7, 1987
Bought by
Correira Michael F and Correira Jean Marie
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rosa Leidinaura F | $999,500 | None Available | |
| Correira Michael F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rosa Leidinaura F | $768,000 | |
| Previous Owner | Correira Michael F | $175,000 | |
| Previous Owner | Correira Michael F | $250,000 | |
| Previous Owner | Correira Michael F | $123,000 | |
| Previous Owner | Correira Michael F | $92,500 | |
| Previous Owner | Correira Michael F | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $999,500 | 0.0% | $672 / Sq Ft |
| 12/30/2021 12/30/21 | Pending | -- | -- | -- |
| 12/29/2021 12/29/21 | For Sale | $999,500 | -- | $672 / Sq Ft |
Source: Martha's Vineyard MLS
Tax History Compared to Growth
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 | $5,234 | $1,036,400 | $496,100 | $540,300 |
| 2024 | $5,197 | $993,600 | $450,800 | $542,800 |
| 2023 | $5,170 | $979,100 | $438,000 | $541,100 |
| 2022 | $4,805 | $707,600 | $329,900 | $377,700 |
| 2021 | $4,538 | $615,700 | $285,900 | $329,800 |
| 2020 | $4,302 | $578,200 | $272,200 | $306,000 |
| 2019 | $4,061 | $528,100 | $237,400 | $290,700 |
| 2018 | $3,955 | $505,100 | $214,400 | $290,700 |
| 2017 | $3,724 | $456,900 | $203,200 | $253,700 |
| 2016 | $3,467 | $427,500 | $209,500 | $218,000 |
| 2015 | $3,279 | $411,900 | $209,500 | $202,400 |
| 2014 | $3,087 | $395,300 | $190,100 | $205,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rene Ben David
-
L
Buyer's Agent in 2021
Lynn Buder
Landmarks Real Estate of Martha's Vineyard
Map
Source: Martha's Vineyard MLS
MLS Number: 32100576
APN: OAKB-000021-000069
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