Seller's Agent in 2024
Wendy Harman
Compass
(508) 274-5363
66 in this area
85 Total Sales
1 Somerset Ln Edgartown, MA 02539
Edgartown Neighborhood
0.5
Acre
$4,000,000
Price per Acre
21,780
Sq Ft Lot
About This Lot
As of November 2024REIMAGINED ISLAND LIVING AT SOMERSET. Somerset is an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar, owners of the Winnetu Oceanside Resort. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room for an in-ground pool, pool house/cabana and outdoor fire pit. The beautifully designed interiors will feature a fresh coastal style and will evoke a sense of casual island living and barefoot elegance.
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,187
Lot Details
- 0.5 Acre Lot
- Level Lot
- Cleared Lot
- Property is zoned R20
Utilities
- Natural Gas Not Available
- Private Sewer
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 3770943
Community Details
Overview
- No Home Owners Association
Recreation
- Electricity Available at Street
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 4, 1991
Bought by
Stanmar Inc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Corporate Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $2,000,000 | 0.0% | -- |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 11/17/2024 11/17/24 | For Sale | $2,000,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $2,187 | $825,300 | $825,300 | $0 |
| 2024 | $2,105 | $825,300 | $825,300 | $0 |
| 2023 | $2,096 | $831,600 | $831,600 | $0 |
| 2022 | $4,431 | $1,462,500 | $1,188,300 | $274,200 |
| 2021 | $4,353 | $1,327,000 | $1,052,800 | $274,200 |
| 2020 | $4,911 | $1,466,100 | $1,191,900 | $274,200 |
| 2019 | $4,905 | $1,267,500 | $993,300 | $274,200 |
| 2018 | $4,780 | $1,267,500 | $993,300 | $274,200 |
| 2017 | $4,311 | $1,214,400 | $965,400 | $249,000 |
| 2016 | $3,963 | $1,094,700 | $845,700 | $249,000 |
| 2015 | $3,671 | $1,057,900 | $808,900 | $249,000 |
Source: Public Records
Agents Affiliated with this Home
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N
Buyer's Agent in 2024
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73313770
APN: EDGA-000036-000100-000001
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