NOT LISTED FOR SALE

8 Pennacook Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,582,000 - $1,802,000

4 Beds
2 Baths
1,727 Sq Ft
$979/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $705,000 $408 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $9,858/month

28 Days on Market

Highlights

  • Antique Architecture
  • No HOA
  • Cooling Available
  • Wood Flooring
  • Screened Porch
  • 1-minute walk to Waban Park

About This Home

As of November 2018

It's what you want: A vintage cottage in Oak Bluffs' coveted Copeland District, within steps of downtown and baby-steps of the beach. Did we mention the views of the Sound? Enjoy generous square footage, including spacious common living areas and a large, first floor master bedroom. Original interior charms are largely preserved, yet there have been numerous upgrades since 2006: new shingles, windows, bathrooms, stainless-and-granite kitchen, propane heater, partial insulation, electrical updates and new water heater. Duct work is in place for a potential central HVAC system. Outdoor shower. Handsome vacation rental income. On town sewer. Most furnishings are included with the sale. Just bring toothbrush and swimsuit.

Last Agent to Sell the Property

Shelley Christiansen

Landmarks Real Estate of Martha's Vineyard License #448010024 Listed on: 08/31/2018

Last Buyer's Agent

Emma Kennedy

Sandpiper Realty Inc License #448006616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1870 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Property is zoned R1

Home Design

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

Interior Spaces

  • 1,727 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Wood Flooring
  • Partial Basement
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Pool

  • Outdoor Shower

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 101320

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1870 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1870
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Directions: From Circuit Avenue: Turn onto Pennacook Avenue. House is near the end of the street, on the right side.
  • Architectural Style: Antique
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Renovated: 2012

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Partial
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Living Area: 1727
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Shower
  • Lot Features: Bike Path, In Town Location
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Screened
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Land Lease: No
  • Lot Size Sq Ft: 2614
  • Parcel #: 101320
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6194.84
  • Tax Book Number: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 2, 2018
Sold by
Keller Lawrence Rt
Bought by
M & D Rt
Seller's Agent
Shelley Christiansen
Landmarks Real Estate of Martha's Vineyard
Buyer's Agent
Emma Kennedy
Sandpiper Realty Inc
List Price
$709,000
Sold Price
$705,000
Premium/Discount to List
-$4,000
-0.56%
Current Estimated Value
$1,690,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$985,148
Avg. Annual Appreciation
13.66%
Original Mortgage
$564,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Lawrence George E
Bought by
Keller Lawrence T
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
M & D Rt $705,000 --
Keller Lawrence T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & D Rt $400,000
Closed M & D Rt $188,000
Closed M & D Rt $562,000
Closed M & D Rt $564,000
Previous Owner Lawrence George $525,000
Previous Owner Lawrence George E $500,000
Previous Owner Lawrence George E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $705,000 -0.6% $408 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $709,000 -- $411 / 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 $7,988 $1,581,700 $993,500 $588,200
2024 $7,275 $1,391,100 $902,800 $488,300
2023 $6,700 $1,269,000 $877,200 $391,800
2022 $6,603 $972,400 $660,800 $311,600
2021 $6,273 $851,100 $552,100 $299,000
2020 $5,970 $802,400 $525,800 $276,600
2019 $5,385 $700,200 $482,400 $217,800
2018 $5,533 $706,700 $469,500 $237,200
2017 $5,586 $685,400 $471,200 $214,200
2016 $5,583 $688,400 $485,800 $202,600
2015 $5,337 $670,500 $485,800 $184,700
2014 $5,472 $700,600 $482,000 $218,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804562

Martha

APN: OAKB-000010-000132