NOT LISTED FOR SALE

Estimated Value: $4,001,000 - $5,323,000

4 Beds
4.5 Baths
2,825 Sq Ft
$1,626/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $3,150,000 $1,115 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $27,869/month

310 Days on Market

Highlights

  • Docks
  • 0.65 Acre Lot
  • Contemporary Architecture
  • Home fronts a sound
  • Deck
  • Lake, Pond or Stream

About This Home

As of June 2019

78 Hines Point, designed by Breese Architects and built in 2008 by Holmes Hole Construction, features 2800+/- square feet of living space on two levels with water views from every room. Two master suites flank each end of the first floor with a central gathering space between...the kitchen, dining and living room with wood burning fireplace. The second level holds two bedrooms with en suite baths. A screened porch with wood burning fireplace is the perfect room to catch the sunsets over Vineyard Sound. Outdoor areas include parking for four cars, irrigated gardens and landscape, outdoor showers, wide flagstone patios and steps down to the beach. A dock at water's edge eases the launching of kayaks, paddle boards and other watercraft for summer enjoyment. Hines Point is within walking distance to the ferries, fish market, restaurants, theaters, shopping and all of the amenities that Vineyard Haven has to offer. 78 Hines Point is offered fully furnished. The abutting property at 104 Hines Point is also offered for sale separately.

Last Agent to Sell the Property

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 07/17/2018

Last Buyer's Agent

Janet Scott

Ocean Park Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,268

Year Built

  • Built in 2008

Lot Details

  • 0.65 Acre Lot
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Private Yard
  • Garden
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,825 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Screened Porch
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Docks
  • Lake, Pond or Stream
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number bk 1136 pg 61

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,268

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Lot Size Acres: 0.65
  • Road Frontage Type: Public
  • Directions: Call listing broker, owners in residence.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Basement: Walk-Out Access
  • Total Bedrooms: 4
  • Interior Amenities: Separate Living Quarters
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2825
  • Stories: 1

Exterior Features

  • Exterior Features: Dock, Private Yard, Underground Sprinkler, Outdoor Shower, Garden
  • Lot Features: Bike Path, Shopping, Medical Facility, In Town Location, Near Golf Course
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Harbor, Sound, Lake/Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Screened, Porch, Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Improved Driveway, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Lot Size Sq Ft: 28314
  • Parcel #: bk 1136 pg 61
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 21268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Jun 6, 2019
Sold by
Cynthia L Anderson Ret
Bought by
Cosby Matthew J and Cosby Kelsey A
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
Janet Scott
Ocean Park Realty, Inc.
List Price
$3,500,000
Sold Price
$3,150,000
Premium/Discount to List
-$350,000
-10%
Current Estimated Value
$4,593,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,443,955
Avg. Annual Appreciation
7.30%
Original Mortgage
$2,205,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2018
Sold by
Cynthia L Anderson Ret
Bought by
Craig Tracey and Craig Jackson

Purchase Details

Closed on
Aug 14, 2012
Sold by
Rose Elizabeth and Anderson Cindy
Bought by
Elizabeth Rose Ft

Purchase Details

Closed on
Nov 16, 2007
Sold by
Haven H Rose Vineyard
Bought by
Anderson Cindy and Rose Elizabeth
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
Cosby Matthew J $3,150,000 --
Craig Tracey $300,000 --
Elizabeth Rose Ft -- --
Anderson Cindy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosby Kelsey A $2,205,000
Closed Cosby Matthew J $2,205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $3,150,000 -10.0% $1,115 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
07/17/2018 07/17/18 For Sale $3,500,000 -- $1,239 / 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 $34,050 $4,498,000 $2,322,900 $2,175,100
2024 $32,322 $4,050,400 $1,875,300 $2,175,100
2023 $29,718 $4,059,900 $1,884,700 $2,175,200
2022 $25,409 $2,920,605 $995,705 $1,924,900
2021 $26,226 $2,860,000 $910,400 $1,949,600
2020 $19,731 $2,114,800 $737,600 $1,377,200
2019 $19,602 $2,137,600 $737,600 $1,400,000
2018 $21,359 $2,260,200 $730,200 $1,530,000
2017 $17,852 $1,959,600 $742,800 $1,216,800
2016 $17,962 $1,960,900 $746,700 $1,214,200
2015 $18,348 $2,057,000 $842,800 $1,214,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804470

Martha

APN: TISB-000011A-000000-000015