NOT LISTED FOR SALE

8 Wesleyan Grove Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $744,731 - $1,093,000

2 Beds
0.5 Bath
1,042 Sq Ft
$888/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $515,000 $494 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,311/month

72 Days on Market

About This Home

As of October 2023

Located within the richly historic area known as the Martha's Vineyard Camp Ground Association of Oak Bluffs. A fantastic location within a short stroll to Oak Bluffs Harbor, Beaches, Ferries, and all shops and restaurants- and steps to the Tabernacle for summer events. This gingerbread charmer is sitting pretty and nestled within Wesleyan Grove, a lovely pedestrian park surrounded by uniquely colorful cottages that make this area so celebrated. This summer cottage has been within the same family for over 100 years. With the quintessential front porch with plenty of rocking chairs to sit and watch the world go by. Off the front porch, one the 1st floor- you'll find the living room, den area and the kitchen. The 2nd floor consists of a main bedroom with a balcony overlooking the pedestrian park and two additional rooms with a separate staircases to access the 1st floor. This is a wonderful opportunity for someone with a fondness for antique homes and large restorations projects to immerse themselves in this special island community. (Current condition will not allow for campground financing)

Last Agent to Sell the Property

Nya Clarke

Martha's Vineyard Island-Wide Realty Listed on: 06/16/2023

Last Buyer's Agent

Nya Clarke

Martha's Vineyard Island-Wide Realty Listed on: 06/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 1870

Lot Details

  • 1,045

HOA Fees

  • $123 Monthly HOA Fees

Interior Spaces

  • 1,042 Sq Ft Home
  • Partially Furnished
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Outdoor Features

  • Porch

Community Details

  • Association fees include common area maintenance, trash removal, yard & snow care. annual lease fee $1471.79*betterment paid off. parking space is $125 pr yr, chair fee -$40. 2% tabernacle restoration fee and 2% landbank fee.

Listing and Financial Details

  • Tax Lot 100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,445

Year Built

Built in 1870

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: porch faces common area park- the back door leads to tiny grass area.
  • View: None
  • Association Fees: 1471.79
  • Association Fee Inclusions: Common area maintenance, trash removal, yard & snow care. Annual lease fee $1471.79*Betterment paid off. Parking space is $125 pr yr, Chair fee -$40. 2% Tabernacle restoration fee and 2% Landbank fee.
  • Co List Office Mls Id: 726
  • Building Area Total: 1042
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: None
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Painted wood and linoleum
  • Interior Amenities: Floor 1: Living room, den area off the living room, separate dining room. Separate kitchen and bathroom, Floor 2: Three rooms and two staircases
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No
  • Exterior Features: Cov, PubBch, Porch
  • Foundation Details: no

Garage/Parking

  • Parking Features: one parking space- annual fee is $125

Utilities

  • Heating: None
  • Sewer: Twn
  • Utilities: None
  • Water Source: Town

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Land Lease Expiration Date: 2023-10-26
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 3444.61
  • Tax Lot: 100
  • Tax Map Number: 81
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $515,000 -14.0% $494 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $599,000 -- $575 / 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 $3,130 $619,800 $0 $619,800
2024 $3,187 $609,300 $0 $609,300
2023 $3,360 $636,300 $0 $636,300
2022 $3,698 $544,600 $0 $544,600
2021 $3,461 $469,600 $0 $469,600
2020 $3,232 $434,400 $0 $434,400
2019 $2,920 $379,700 $0 $379,700
2018 $2,987 $381,500 $0 $381,500
2017 $3,176 $389,700 $0 $389,700
2016 $3,043 $375,200 $0 $375,200
2015 $2,659 $334,100 $0 $334,100
2014 $2,640 $338,000 $0 $338,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 40950

APN: OAKB-000081-000100