$3,000,000
SOLD JUL 30, 2015

10 Milikin Way Edgartown, MA 02539

Edgartown Neighborhood
4.5 Acres
$666,667 Price per Acre
196,020 Sq Ft Lot

Recently Sold

$2,045 Per Sq Ft

8% Below List Price

23 Days on Market

About This Lot

As of May 2017

KATAMA - a rare offering...... Build your dream home or create a family compound on this parcel of land which enjoys expansive waterviews of the Edgartown harbor to Katama Bay and the barrier beach beyond.... Possible subdividing of the land..... At present there exists a house that is not livable and would make the most sense to teardown and rebuild on that site. There is a lot to this property that needs to be explained in detail and I ask that you call the listing broker. Please do not drive onto the property without being accompanied by the broker. Thank you in advance.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's Listed on: 05/04/2015

Last Buyer's Agent

Bonnie Pierce

Wallace & Co. Sotheby's Listed on: 05/04/2015

Property Details

Property Type

Land

Est. Annual Taxes

$21,863

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Co List Office Mls Id: 741
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 196020
  • Number Of Lots: 1
  • Land Lease Expiration Date: 2015-09-30
  • Zoning: R60

Tax Info

  • Tax Lot: 342
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 2313700
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 30, 2015
Sold by
10 Milikin Way Llc
Bought by
Bernstein Michael D and Bernstein Sara R
Seller's Agent
Bonnie Pierce
Wallace & Co. Sotheby's
Buyer's Agent
Bonnie Pierce
Wallace & Co. Sotheby's
List Price
$3,250,000
Sold Price
$3,000,000
Premium/Discount to List
-$250,000
-7.69%
Current Estimated Value
$7,763,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,763,638
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Jul 12, 2010
Sold by
Handler Seymour
Bought by
10 Milikin Way Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Not Resolvable $3,000,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $1,250,000 0.0% $252 / Sq Ft
05/17/2017 05/17/17 For Sale $1,250,000 -58.3% $252 / Sq Ft
07/30/2015 07/30/15 Sold $3,000,000 -7.7% $2,045 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $3,250,000 -- $2,215 / 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 $21,863 $8,250,000 $3,022,900 $5,227,100
2024 $20,466 $8,026,000 $3,022,900 $5,003,100
2023 $20,020 $7,944,400 $3,059,000 $4,885,400
2022 $18,545 $6,120,473 $2,990,273 $3,130,200
2021 $20,019 $6,103,231 $2,633,931 $3,469,300
2020 $21,611 $6,451,108 $2,981,808 $3,469,300
2019 $21,730 $5,615,000 $2,484,800 $3,130,200
2018 $16,950 $4,379,900 $2,484,800 $1,895,100
2017 $9,650 $2,718,300 $2,415,300 $303,000
2016 $9,992 $2,760,100 $2,418,800 $341,300
2015 $8,877 $2,558,200 $2,313,700 $244,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Non Member

    mv.unknownoffice

  • B

    Seller's Agent in 2015

    Bonnie Pierce

    Wallace & Co. Sotheby's

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Map

Source: LINK (Vineyard)

MLS Number: 28494

APN: EDGA-000036-000342

Massachusetts Dukes County Edgartown 02539 Edgartown

10 Milikin Way, Edgartown, MA

This home is located at 10 Milikin Way, Edgartown, MA 02539 and is currently priced at $3,000,000, approximately $2,044 per square foot. 10 Milikin Way is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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