23 Ocean Avenue, Oak Bluffs, MA 02557

23 Ocean Avenue Oak Bluffs MA 02557
Owner Information
Owner 1
Michele L Stepto
Owner 2
Michele L Stepto Revocable Trust
Owner's Address
80 Rimmon Road Woodbridge, CT 06525
Market Sale Information
Most recent sale date
10/24/2014
Previous sale date
12/22/1993
Transfer document #
1360-329
Previous transfer document
622-462
Grantor
Robert B Stepto
Previous grantor
Martin M Greller
Most recent sale price
$10.00
Previous sale price
$200,000.00
Site Information
Property ID
9-24-0
Lot Size
0.05
Use Code
101 - Residential, single family
Zoning
Building Style
Antique
Number of Rooms
7
Stories
2
Number of Beds
5
Year Built
1875
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1645
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Wood/Carpet/Mix
Solar Hot Water
No
Roof Structure
Gable
Heating type
None
Roof Cover
Asph/Cmp Shin
Heating fuel
Wood
Frame type
N/A
Air Condition (%)
Sidings
Avg/Wood/Vinyl
Assessment Information
Fiscal Year
2025
Land Value
$1,441,700.00
Total value
$2,094,800.00
Building value
$653,100.00
Estimated tax
$10,578.00
Yard improvement value
$0.00
Certified Mass Appraisal
200820092010201120142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
33 Vineyard Avenue4 Combra Way27 Leslie's Lane19 Wendall Avenue3 Canonicus Avenue23 Ocean Avenue$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 23 Ocean Avenue A) 3 Canonicus AvenueB) 4 Combra WayC) 33 Vineyard AvenueD) 19 Wendall AvenueE) 27 Leslie's Lane
Photo
Plan
Map
Proximity 0.40.50.60.60.9
Last Sold 10/4/20242/6/202512/6/202411/1/202411/8/2024
Price $2,100,000$1,150,000$600,000$1,700,000$1,400,000
Net Living Area 1,6421,4281,4391,7521,632
Stories 21.51.522
Sale Price/sft $0.01$1278.93$805.32$416.96$970.32$857.84
Style AntiqueAntiqueCapeOld StyleAntiqueColonial
Age 187518802002190018902006
Rooms 775505
Bedrooms 543343
Full baths 312113
Half baths 010110
Gross Living Area
Heating Fuel WoodGasGasOilWoodGas
Detached Garage
Lot Size 0.050.090.390.120.360.25
Roof Cover Asph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp Shin
AEM Value - Building $653,100.00$457,600$446,100$164,600$471,000$598,100
AEM Value - Land $1,441,700.00$1,496,600$551,000$508,200$846,700$534,000
AEM Value - Other $0.00$17,200$0$0$4,400$0
AEM Value - Total $2,094,800.00$1,971,400$997,100$672,800$1,322,100$1,132,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 23 Ocean Avenue 10/24/2014 $10 0 Antique 1,645 0.05 5 3-0 -
  Criteria
A 3 Canonicus Avenue 10/4/2024 $2,100,000 0.4 Antique 1,642 0.09 4 1-1
B 4 Combra Way 2/6/2025 $1,150,000 0.5 Cape 1,428 0.39 3 2-0
C 33 Vineyard Avenue 12/6/2024 $600,000 0.6 Old Style 1,439 0.12 3 1-1
D 19 Wendall Avenue 11/1/2024 $1,700,000 0.6 Antique 1,752 0.36 4 1-1
E 27 Leslie's Lane 11/8/2024 $1,400,000 0.9 Colonial 1,632 0.25 3 3-0
Averages 128 days $1,390,000 0.61 --- 1,579 0.24 --- ---  

Estimation of Market Value - $1,918,464

As of today, 03/31/2025, the estimated market value of 23 Ocean Avenue, Oak Bluffs considering the above 5 comparable properties is $1,918,464.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Subject Property8 Circuit Avenue Extension Unit 133 Circuit Avenue56 Kennebec Avenue53 Kennebec Avenue46 Kennebec Avenue57 Kennebec Avenue55 Kennebec Avenue1 Circuit Avenue5 Circuit Avenue42 Circuit Avenue23 Lake Avenue23 Ocean Avenue8 Grove Avenue30 Circuit Avenue49 Ocean Avenue6 Circuit Avenue Extension36 Circuit Avenue29 Lake Avenue51 Ocean Avenue11 Circuit Avenue0 Seaview Avenue-Ocean47 Ocean Avenue53 Ocean Avenue24 Circuit Avenue27 Lake Avenue55 Ocean Avenue57 Ocean Avenue$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 23 Ocean Avenue 10/24/2014 $10 0 Antique 1,645 0.05 5 3-0 -
  Criteria
A 21 Ocean Avenue 12/1/2014 $10 0.0 Antique 1,504 0.05 5 1-1
B 25 Ocean Avenue 10/13/2016 $1,000,000 0.0 Antique 1,657 0.05 4 2-0
C 19 Ocean Avenue 12/28/2012 $10 0.0 Antique 2,123 0.07 7 3-1
D 27 Ocean Avenue 5/16/2018 $10 0.0 Antique 2,247 0.05 6 3-0
E 22 Kennebec Avenue 6/3/1999 $1 0.0 Old Style 1,470 0.05 4 2-0
F 18 Kennebec Avenue 12/19/2005 $1,000,000 0.0 Motel/Hotel 5,284 0.11 -
G 24 Kennebec Avenue 4/15/2016 $500,000 0.0 Store(Sm. Ret) 1,515 0.07 -
H 17 Ocean Avenue 9/24/2013 $690,000 0.0 Antique 1,230 0.07 4 1-0
I 31 Ocean Avenue 2/9/2007 $0 0.0 Antique 1,324 0.05 5 2-0
J 14 Kennebec Avenue 11/1/2019 $690,000 0.0 Restaurant 1,635 0.05 -
K 33 Ocean Avenue 10/16/2018 $1,296,750 0.0 Antique 1,586 0.16 4 1-1
L 15 Ocean Avenue 7/8/2004 $310,250 0.0 Antique 1,992 0.07 4 2-1
M 12 Kennebec Avenue $0 0.0 Apartments 2,251 0.07 -
N 21 Kennebec Avenue Unit 1A 2/20/2014 $100 0.0 Condo 660 0 -
O 21 Kennebec Avenue Unit 1A2 5/25/2023 $500,000 0.0 Condo 660 0 -
P 21 Kennebec Avenue Unit 1A3 4/10/2017 $485,000 0.0 Condo 879 0 2 1-0
Q 21 Kennebec Avenue Unit 1A4 4/26/2019 $555,000 0.0 Condo 879 0 2 1-0
R 21 Kennebec Avenue Unit 1A5 3/16/2007 $420,000 0.0 Condo 985 0 1 1-0
S 21 Kennebec Avenue Unit 1A6 12/11/2023 $1,100,000 0.0 Condo 985 0 1 1-0
T 17 Kennebec Avenue 1/9/1900 $0 0.0 0.05 -
U 35 Ocean Avenue $43,000 0.0 Antique 1,254 0.04 4 2-0
V 25 Kennebec Avenue 1/9/1900 $0 0.0 0.1 0 0-0
W 30 Kennebec Avenue 12/31/2021 $3,400,000 0.0 Restaurant 4,177 0.1 -
X 6 Circuit Avenue $0 0.0 Restaurant 15,152 0.15 -
Y 37 Ocean Avenue 4/24/2008 $101,000 0.0 Antique 2,633 0.06 5 2-1
Z 8 Circuit Avenue 2/26/2001 $1 0.0 Store(Sm. Ret) 1,440 0.03 -
- 10 Circuit Avenue Unit 1A 6/15/2001 $275,000 0.0 Condo 437 0 -
- 10 Circuit Avenue Unit 2 6/15/2001 $275,000 0.0 Condo 552 0 -
- 10 Circuit Avenue Unit 3 6/19/2001 $145,000 0.0 Condo 633 0 -
- 10 Circuit Avenue Unit 4 3/4/1998 $195,000 0.0 Condo 633 0 -
- 10 Circuit Avenue Unit E 8/5/2005 $335,000 0.0 Condo 1,244 0 2 1-1
- 10 Circuit Avenue Unit F 1/10/2019 $1 0.0 Condo 1,244 0 2 1-1
- 18 Lake Avenue 6/3/1999 $0 0.0 Restaurant 4,814 0.16 -
- 12 Circuit Avenue 5/13/2021 $1,900,000 0.0 Restaurant 3,172 0.06 -
- 14 Circuit Avenue 3/5/2001 $1 0.0 Store(Sm. Ret) 1,920 0.03 -
- 7 Ocean Avenue 1/9/1900 $0 0.0 Churches 2,719 0.22 -
- 4 Circuit Avenue 6/24/2014 $975,000 0.0 Restaurant 4,056 0.06 -
- 16 Circuit Avenue 4/9/2013 $237,500 0.0 Store(Sm. Ret) 2,016 0.02 -
- 20 Circuit Avenue $0 0.0 Store(Sm. Ret) 11,219 0.3 -
- 41 Ocean Avenue 10/22/2019 $750,000 0.1 Ranch 464 0.05 1 1-0
- 0 Lake Avenue-Ocean Ave 1/9/1900 $0 0.1 0.16 -
- 9 David Healey Way 10/28/2021 $3,375,000 0.1 B&B/Inn 4,045 0.06 -
- 15 Lake Avenue $240,000 0.1 Commercial 3,047 0.08 -
- 43 Ocean Avenue 8/6/2018 $1,300,000 0.1 Antique 1,987 0.05 6 1-1
- 38 Kennebec Avenue 4/30/2014 $450,000 0.1 Restaurant 2,071 0.06 -
- 14 Oak Bluffs Avenue 6/30/2023 $1,100,000 0.1 Bank 951 0.02 -
- 10 Oak Bluffs Avenue 12/15/2017 $700,000 0.1 Store(Sm. Ret) 1,546 0.04 -
- 11 Circuit Avenue 5/15/2023 $5,200,000 0.1 Motel/Hotel 9,360 0.21 -
- 24 Circuit Avenue 7/13/1992 $375,000 0.1 Store(Sm. Ret) 8,780 0.21 -
- 2 Oak Bluffs Avenue 1/9/1900 $0 0.1 Police Station 6,512 0.38 -
- 45 Ocean Avenue $0 0.1 Old Style 1,583 0.12 4 1-0
- 5 Circuit Avenue 8/19/1993 $160,340 0.1 Store(Sm. Ret) 2,550 0.09 -
- 1 Circuit Avenue 10/12/2011 $0 0.1 Theater(Encl) 4,413 0.13 -
- 47 Ocean Avenue 8/2/2019 $1 0.1 Antique 2,422 0.19 6 2-1
- 30 Circuit Avenue 6/15/2022 $2,300,000 0.1 Store(Sm. Ret) 5,144 0.15 -
- 8 Central Avenue 5/15/2017 $287,298 0.1 Ginger Campgrou 1,711 0 5 1-1
- 9 Central Avenue 9/20/2022 $969,000 0.1 Ginger Campgrou 1,387 0 2 2-0
- 12 Central Avenue 1/9/1900 $0 0.1 Ginger Campgrou 874 0 3 1-0
- 0 Seaview Avenue-Ocean 1/9/1900 $0 0.1 7 0 0-0
- 14 Central Avenue 10/14/2020 $0 0.1 Ginger Campgrou 1,385 0 3 1-0
- 49 Ocean Avenue 10/29/1987 $235,000 0.1 Antique 1,726 0.06 5 2-0
- 5 Oak Bluffs Avenue 10/3/1988 $300,000 0.1 Lodging 2,055 0.02 -
- 46 Kennebec Avenue 11/17/2020 $150,000 0.1 Antique 1,305 0.06 4 1-1
- 36 Circuit Avenue 1/9/1900 $0 0.1 Supermarket 5,795 0.34 -
- 1 Rustic Avenue $0 0.1 Ginger Campgrou 748 0 3 1-0
- 11 Oak Bluffs Avenue 12/19/2014 $1 0.1 Store(Sm. Ret) 409 0.04 -
- 5 Central Avenue 12/18/2006 $332,500 0.1 Ginger Campgrou 620 0 1 1-0
- 51 Ocean Avenue $270,000 0.1 Antique 2,373 0.1 5 2-0
- 23 Lake Avenue $325,000 0.1 Restaurant 2,294 0.12 -
- 30 Lake Avenue 6/11/1997 $0 0.1 Store(Sm. Ret) 3,224 0 -
- 5 Rock Avenue 9/23/1994 $0 0.1 Ginger Campgrou 1,011 0 3 1-1
- 6 Rustic Avenue 9/6/2002 $219,000 0.1 Ginger Campgrou 540 0 2 1-0
- 7 Central Avenue 11/16/2022 $795,000 0.1 Ginger Campgrou 1,454 0 4 2-0
- 9 Oak Bluffs Avenue Unit 1 5/14/1993 $500,000 0.1 Condo 6,999 0 -
- 9 Oak Bluffs Avenue Unit 2 12/19/2008 $800,000 0.1 Condo 6,579 0 -
- 3 Oak Bluffs Avenue 1/9/1900 $0 0.1 Bank 2,214 0.28 -
- 7 Oak Bluffs Avenue 6/30/1992 $500 0.1 Lodging 14,989 0.23 -
- 12 Rustic Avenue $1 0.1 Ginger Campgrou 822 0 3 1-0
- 53 Ocean Avenue 9/23/2013 $1,455,000 0.1 Antique 2,689 0.1 7 4-0
- 33 Circuit Avenue 11/20/2024 $1,360,000 0.1 Store(Sm. Ret) 837 0.03 -
- 34 Lake Avenue 12/28/2017 $340,000 0.1 Ginger Campgrou 885 0 4 1-0
- 9 Rock Avenue 4/4/2002 $225,000 0.1 Ginger Campgrou 826 0 3 1-1
- 36 Lake Avenue 8/24/2018 $1 0.1 Ginger Campgrou 1,661 0 4 1-1
- 27 Lake Avenue 5/1/2000 $850,000 0.1 Store(Sm. Ret) 4,819 0.35 -
- 55 Ocean Avenue 5/21/2018 $2,200,000 0.1 Antique 2,997 0.1 5 5-1
- 8 Rock Avenue 9/11/2020 $620,000 0.1 Ginger Campgrou 955 0 3 1-1
- 38 Lake Avenue $0 0.1 Ginger Campgrou 1,054 0 3 1-0
- 14 Rock Avenue 12/12/2016 $417,000 0.1 Ginger Campgrou 925 0 2 1-0
- 53 Kennebec Avenue 8/15/2017 $1 0.1 Antique 1,238 0.05 3 2-0
- 22 Montgomery Square 9/9/2013 $150,000 0.1 Ginger Campgrou 931 0 3 1-0
- 6 Sea View Avenue Extension 11/2/2001 $500,000 0.1 Flats/Apts 2,800 0.11 2 2-1
- 7 Circuit Avenue Extension 2/2/1999 $350,000 0.1 Dry Cln/Laundry 3,070 0.14 -
- 0 Pasque Avenue 3/18/1998 $225,000 0.1 0.13 -
- 21 Rock Avenue 12/17/1993 $50,000 0.1 Ginger Campgrou 559 0 1 1-0
- 20 Rock Avenue 7/26/2002 $0 0.1 Ginger Campgrou 609 0 3 1-0
- 40 Lake Avenue 12/31/2005 $0 0.1 Ginger Campgrou 680 0 3 1-0
- 57 Ocean Avenue 4/27/2006 $1,000,000 0.1 Antique 3,105 0.1 5 4-1
- 11 Wesleyan Grove $0 0.1 Ginger Campgrou 723 0 3 1-0
- 12 Wesleyan Grove 9/17/2010 $425,000 0.1 Ginger Campgrou 1,156 0 3 1-1
- 42 Lake Avenue 8/15/2018 $1 0.1 B&B/Inn 3,825 0 9 6-0
- 13 Wesleyan Grove 1/9/1900 $0 0.1 Ginger Campgrou 817 0 3 1-1
- 29 Lake Avenue 1/30/1998 $1 0.1 Restaurant 4,692 0.14 -
- 14 Wesleyan Grove 5/18/2018 $1 0.1 Ginger Campgrou 624 0 2 1-0
- 55 Kennebec Avenue 1/23/2014 $10 0.1 Antique 1,530 0.05 4 2-0
- 22 Rock Avenue 12/15/2022 $1 0.1 Ginger Campgrou 826 0 2 1-0
- 6 Circuit Avenue Extension 2/4/2004 $470,300 0.1 Restaurant 4,620 0.17 -
- 11 Montgomery Square 9/20/2016 $370,000 0.1 Ginger Campgrou 927 0 3 2-0
- 26 Rustic Avenue 9/30/2019 $1 0.1 Ginger Campgrou 856 0 3 1-0
- 15 Wesleyan Grove 11/13/2015 $374,500 0.1 Ginger Campgrou 835 0 3 1-0
- 8 Sea View Avenue Extension 2/26/1999 $400,000 0.1 Restaurant 1,764 0.12 -
- 23 Rock Avenue 8/4/1995 $60,000 0.1 Ginger Campgrou 477 0 1 1-0
- 3 Montgomery Square 10/15/1991 $0 0.1 Ginger Campgrou 736 0 2 2-0
- 16 Wesleyan Grove $0 0.1 Ginger Campgrou 798 0 3 1-0
- 56 Kennebec Avenue 11/18/2022 $1 0.1 Conversion 1,534 0.05 2 2-0
- 1 Montgomery Square 6/28/2019 $1 0.1 Ginger Campgrou 729 0 2 1-0
- 1 Hebron Avenue 7/27/2020 $418,000 0.1 Ginger Campgrou 657 0 2 1-0
- 57 Kennebec Avenue 10/16/2015 $325,000 0.1 Antique 1,485 0.05 5 1-0
- 42 Circuit Avenue 12/29/2020 $10 0.1 Store(Sm. Ret) 2,890 0.1 -
- 10 Wesleyan Grove $0 0.1 Ginger Campgrou 1,162 0 2 1-0
- 17 Wesleyan Grove 7/10/2014 $0 0.1 Ginger Campgrou 905 0 4 1-0
- 8 Circuit Avenue Extension Unit 1 5/23/2003 $425,000 0.1 Retail 460 0 -
- 8 Circuit Avenue Extension Unit 10 5/23/2003 $425,000 0.1 Retail 243 0 -
- 8 Circuit Avenue Extension Unit 12 7/6/2001 $35,000 0.1 Retail 243 0 -
- 8 Circuit Avenue Extension Unit 15 5/23/2003 $425,000 0.1 Retail 356 0 -
- 8 Circuit Avenue Extension Unit 2 5/23/2003 $425,000 0.1 Retail 220 0 -
- 8 Circuit Avenue Extension Unit 3 5/3/2005 $230,000 0.1 Retail 334 0 -
- 8 Circuit Avenue Extension Unit 7 12/1/1999 $215,000 0.1 Retail 454 0 -
- 8 Circuit Avenue Extension Unit 8 5/23/2003 $425,000 0.1 Retail 356 0 -
- 8 Circuit Avenue Extension Unit 9 5/23/2003 $425,000 0.1 Retail 172 0 -
- 8 Grove Avenue 10/13/2015 $100 0.1 Antique 2,500 0.15 5 4-0
- 20 Lincoln Avenue 8/2/2022 $100 0.1 Ginger Campgrou 1,287 0 3 1-1
- 46 Lake Avenue 7/10/2019 $1 0.1 Ginger Campgrou 1,764 0 3 1-1
Averages 8810 days $402,858 0.08 --- 2,115 0.11 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
9 24 0 23 Ocean Avenue