NOT LISTED FOR SALE

108 Peases Point Way N Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $6,264,000 - $11,624,654

5 Beds
12 Baths
7,000 Sq Ft
$1,349/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $9,400,000 $1,343 Per Sq Ft

Current estimated payment $52,140/month

581 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Wood Flooring
  • 1.75 Acre Lot
  • Greek Revival Architecture
  • Mud Room

About This Home

As of January 2017

A prominent, Village property affording protected views over the meadows of Ox Pond conservation land and out to the Sound beyond. The stately Greek Revival stands grandly on 1.75 acres of magnificent lush lawn and many ageless towering trees. The grounds are unlike any other in-town property with ample room for expansion in the current configuration or with acquisition of additional acreage - three separate parcels of land are available and would assure the ability to further develop a family compound or retain the existing iconic compound as it presently exists. Significant and timeless

Last Agent to Sell the Property

Marek Heidt Team

Sandpiper Realty Inc License #448013308 Listed on: 03/31/2015

Last Buyer's Agent

Stephanie Roache

Donnelly + Co. License #448012467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,443

Year Built

  • Built in 1840

Lot Details

  • 1.75 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Private Yard
  • Garden
  • Additional Land
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking

Home Design

  • Greek Revival Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Recessed Lighting
  • Fireplace
  • Mud Room
  • Wood Flooring
  • Wine Cooler
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Porch

Location

  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number EDGA20B72

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,443

Year Built

Built in 1840

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1840
  • Lot Size Acres: 1.75
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: A distinguished location at the end of Pease's Point Way. Stroll through the Village to Fuller Street or Lighthouse beaches by day and home from dinner at the Harborview by night.
  • Architectural Style: Greek Revival
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Water Heater, Wine Cooler
  • Basement: Finished, Interior Entry, Full
  • Total Bedrooms: 5
  • Interior Amenities: Mud Room, Wet Bar, Walk-In Closet(s), Recessed Lighting, Pantry
  • Full Bathrooms: 7
  • Half Bathrooms: 5
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 7000
  • Stories: 3
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard, Underground Sprinkler, Garden
  • Lot Features: Bike Path, Shopping, School, Public Tennis, In Town Location, Near Golf Course, Additional Land Available, Views, Level, Cleared
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter, Poured, Crawl Space
  • Patio And Porch Features: Deck, Porch, Patio
  • Roof: Pitched, Wood, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Improved Driveway, Stone/Gravel, Paved, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Lot Size Sq Ft: 76230
  • Parcel #: EDGA20B72
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Book Number: 729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jan 6, 2017
Sold by
Ox Pond Knoll Nt
Bought by
Hawthorne Hill Llc
Seller's Agent
Marek Heidt Team
Sandpiper Realty Inc
Buyer's Agent
Stephanie Roache
Donnelly + Co.
List Price
$15,950,000
Sold Price
$9,400,000
Premium/Discount to List
-$6,550,000
-41.07%
Current Estimated Value
$9,440,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,218
Avg. Annual Appreciation
0.05%
Original Mortgage
$6,580,000
Outstanding Balance
$5,192,788
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,247,430

Purchase Details

Closed on
May 6, 1998
Sold by
Peases Point Nt-1995
Bought by
Ox Pond Knoll Nt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Hawthorne Hill Llc $9,400,000 --
Ox Pond Knoll Nt $2,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawthorne Hill Llc $6,580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $9,400,000 -41.1% $1,343 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
03/31/2015 03/31/15 For Sale $15,950,000 -- $2,279 / Sq Ft
Source: Martha's Vineyard MLS

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 $27,443 $10,356,000 $3,525,100 $6,830,900
2024 $23,846 $9,351,300 $3,525,100 $5,826,200
2023 $24,226 $9,613,400 $3,591,400 $6,022,000
2022 $29,217 $9,642,529 $3,785,729 $5,856,800
2021 $26,645 $8,123,395 $3,179,895 $4,943,500
2020 $24,739 $7,384,771 $3,028,471 $4,356,300
2019 $29,374 $7,590,300 $3,028,500 $4,561,800
2018 $25,607 $6,616,900 $2,776,100 $3,840,800
2017 $25,546 $7,196,100 $2,949,400 $4,246,700
2016 $26,957 $7,446,600 $2,949,400 $4,497,200
2015 $27,484 $7,920,500 $3,217,500 $4,703,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marek Heidt Team

    Sandpiper Realty Inc

  • Stephanie Roache

    Buyer's Agent in 2017

    Stephanie Roache

    Donnelly + Co.

    (508) 560-7074

    40 in this area

    86 Total Sales

    Stephanie Roache
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Map

Source: Martha's Vineyard MLS

MLS Number: 21504123

Martha

APN: EDGA-000020B-000072

Massachusetts Dukes County Edgartown 02539 Edgartown

108 Peases Point Way N, Edgartown, MA

Not Listed for Sale

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