Oak Bluffs - 25 Oak Avenue$699,000

ID: 42766 Owner: Dias Available

Zip Code:
02557
Property Type:
Single Family
Total Rooms:
5
Total Bedrooms:
2
Total Bathrooms:
0 full, 1 half
Water Frontage:
None
Water Views:
None
Zoning:
R1
Lot Size:
10,100 sqft
Total SqFt (ELA):
759 sqft
Price/sqft:
$920.95
Year Built:
1900
Water / Sewer:
Town / Cesspool
2025 Assessment:
$703,900
Land Assessment:
$483,000
Build Assessment:
$220,900
Estimated Taxes:
$3,909

WALK TO THE HARBOR from this level 10,100 sq.ft. quarter acre lot set down a winding avenue off New York Avenue. Currently there's a very cute Victorian Era two story cottage which could be renovated. Alternatively, you have the choice to add on to the exiting building or build a new FIVE (5) BEDROOM home - Possibly more than FIVE (5) as it’s not in a Board of Health area of concern - Consult your engineer - the Seller has already been through the lengthy process with the Martha's Vineyard Commission to receive approvals to knock down the house and has succeeding in obtaining that approval. According to the engineer who percolated the lot, the lot will allow a FIVE (5) BEDROOM regular septic system. The Board of Health have stated there are no Board of Health issues with this property and are deferring to the engineer's opinion. Water and Electricity are already at the site. Property is being sold in 'As is" condition. If BUYER chooses to remove the house and garage it will be at their expense. Retaining the footprint of the garage has value as it's a preexisting non conforming location on the lot and therefore could be rebuilt in place, Buyer to clarify with relevant town officials. Easy access to harbor, town, shops, restaurants, Oak Bluffs Ferry, Sunset Lake, Campground cottages, Oak Bluffs Library. Front porch for relaxing on a Summer evening. Easy to show! PRICED BELOW ASSESSED VALUE.

First Floor

Living Room, Kitchen, Dining Room with built in cabinets, half bathroom, lean to for storage. Front porch.

Second Floor

Two bedrooms.

Basement

Partial Cellar

Other Structures

Dilapidate garage which has value as it straddles the setbacks and can be rebuilt in place and/or create a new Accessory Dwelling Unit on the exiting foot print.

Building Information

Furnished:
Un-Furnished
First Floor Beds:
0
Fireplaces:
Wood Stove aperture
Floors:
Wood
Heat:
None
Foundation:
Yes
Yard:
Yes
Parking Description:
Yes - street
Other Buildings:
Garage
Lead Paint:
Unknown

Appliances

Stove:
No
Refrigerator:
No
Dishwasher:
No
Washer:
No
Dryer:
No
TV Service Type:
None

Outdoor/Recreation

Porch, Beach Access - Public

Features

None

Property / Parcel Information

Map:
7
Lot #:
187
Plan:
Parcel:
Sub Area:
Lagoon/Harbor
Deed Ref:
1506 | 525
Fees:
Fee Frequency:
Fees Include:
Other Views:
Residential

Directions / Comments

New York Avenue to Oak Avenue. Property is 5th lot on the right #25.

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