NOT LISTED FOR SALE

8 Norton Farm Rd Vineyard Haven, MA 02568

West Tisbury Neighborhood

Estimated Value: $1,939,000 - $2,722,000

2 Acres
$1,133,441 Price per Acre
87,120 Sq Ft Lot

Last Sold August 01, 2013

Last sale price $349,000 $223 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $12,991/month

483 Days on Market

About This Lot

As of August 2013

Makonikey Association 2 acre land parcel with a pond. This lot is located in Upper Makonikey and is a short walk to a north shore association beach. This is a pre-existing nonconforming parcel in a 3 acre zone. Rebuild the existing structure or build a new one with town approval. New septic sytem design for a 5-bedroom home will be included. Electricity on site.   Priced below assessed value.

Last Agent to Sell the Property

Neal Stiller

Cronigs Real Estate Listed on: 01/26/2012

Last Buyer's Agent

Neal Stiller

Cronigs Real Estate Listed on: 01/26/2012

Property Details

Property Type

Land

Est. Annual Taxes

$8,366

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Co List Office Mls Id: 758
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 87120
  • Number Of Lots: 1
  • Land Lease Expiration Date: 2024-07-21
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 2930
  • Tax Lot: 23
  • Tax Map Number: 1
  • Tax Other Annual Assessment Amount: 563400
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2012
Closed on
Aug 1, 2013
Sold by
Bodnar Walter
Bought by
Gately Michael
Seller's Agent
Neal Stiller
Cronigs Real Estate
Buyer's Agent
Neal Stiller
Cronigs Real Estate
List Price
$550,000
Sold Price
$349,000
Premium/Discount to List
-$201,000
-36.55%
Current Estimated Value
$2,245,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,896,325
Avg. Annual Appreciation
16.80%
Original Mortgage
$262,500
Interest Rate
5%
Mortgage Type
New Conventional
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
Gately Michael $349,000 --
Bodnar Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gately Michael $480,000
Closed Gately Michael $510,000
Closed Gately Michael $83,000
Closed Gately Michael $749,500
Closed Bodnar Walter $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $349,000 -36.5% $223 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
01/26/2012 01/26/12 For Sale $550,000 -- $352 / 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 $8,366 $1,846,800 $1,017,600 $829,200
2024 $7,637 $1,776,100 $988,100 $788,000
2023 $7,558 $1,733,400 $990,700 $742,700
2022 $7,158 $1,229,900 $625,200 $604,700
2021 $9,437 $1,135,000 $583,500 $551,500
2020 $6,858 $1,129,800 $574,900 $554,900
2019 $9,009 $1,004,800 $489,800 $515,000
2018 $5,975 $986,000 $467,800 $518,200
2017 $4,473 $749,200 $467,800 $281,400
2016 $2,883 $475,800 $441,800 $34,000
2015 $2,727 $477,600 $441,800 $35,800
2014 $3,096 $572,300 $540,200 $32,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Neal Stiller

    Cronigs Real Estate

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Map

Source: LINK (Vineyard)

MLS Number: 22510

APN: WTIS-000001-000023

Massachusetts Dukes County Vineyard Haven 02568 West Tisbury

8 Norton Farm Rd, Vineyard Haven, MA

This home is located at 8 Norton Farm Rd, Vineyard Haven, MA 02568 since 26 January 2012 and is currently estimated at $2,266,882, approximately $1,450 per square foot. 8 Norton Farm Rd is a home located in Dukes County with nearby schools including Martha's Vineyard Regional High School and Martha's Vineyard Charter 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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