NOT LISTED FOR SALE

Estimated Value: $7,956,000 - $9,014,000

4 Beds
9 Baths
6,971 Sq Ft
$1,230/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $7,400,000 $1,062 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $48,439/month

127 Days on Market

About This Home

As of October 2021

Visionary owners joined forces with acclaimed interior designer John Stefanon to build this one-of-a-kind Martha’s Vineyard estate. Situated on a private 1.5 acres, this era-defining estate exudes quality from every angle, and is less than two miles to South Beach and moments to downtown Edgartown. Every facet is perfectly crafted and is a culmination of the rarest, most unique materials with top-of-the-line appliances and amenities. Highlights include three laundry rooms, three outdoor showers, gym, yoga studio, outdoor kitchen + fire pit, 18 X 50 gunite pool, in-ground spa, an oversized garage with room for three cars, seven full custom bathrooms + 2 half bathrooms, a detached pool house, and multiple work-from-home office spaces. Imbued with style & sophistication, you will be able to enjoy indoor/outdoor living, amazing sunsets, and state-of-the-art technology. Live the island life you've always dreamed of in the most sought-after Katama location. Additional 1.53 Acre buildable lot is available separately.

Last Agent to Sell the Property

Jarrett Hurwitz

Keller Williams Realty Listed on: 04/12/2021

Last Buyer's Agent

Alyssa Halisky

Wallace & Co. Sotheby's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,747

Year Built

  • 2012

Lot Details

  • 1.5 Acre Lot
  • Property is zoned R60

Interior Spaces

  • 6,971 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • $980,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,747

Year Built

2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 988
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Appliances: Stove: Wolf, Washer: 3 (Mudroom Area, Primary Bathroom, and Second Floor Laundry Room)
  • Has Basement: Finished basement with high ceilings throughout and a luxurious full bathroom.
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 3 + Outdoor Fire Pit
  • Interior Amenities: A,AC,Ins,Irr,Media,OSh
  • Main Level Bedrooms: 1
  • Total Bedrooms: 11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Ample Parking + Over Sized Garage

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 65340
  • Land Lease Expiration Date: 2021-09-16
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 16747
  • Tax Lot: 53
  • Tax Map Number: 44
  • Tax Other Annual Assessment Amount: 980000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Oct 1, 2021
Sold by
Karp Jill J
Bought by
Mchale Sean and Risi Karin
Seller's Agent
Jarrett Hurwitz
Keller Williams Realty
Buyer's Agent
Alyssa Halisky
Wallace & Co. Sotheby's
List Price
$8,295,000
Sold Price
$7,400,000
Premium/Discount to List
-$895,000
-10.79%
Current Estimated Value
$8,575,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,175,304
Avg. Annual Appreciation
3.60%
Original Mortgage
$4,070,000
Outstanding Balance
$3,735,005
Interest Rate
2.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,758,709

Purchase Details

Closed on
Dec 15, 2010
Sold by
Thompson Tr Virginia T and Thompson Daniel T
Bought by
Karp Jill J
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 Buyer Sale Price Title Company
Mchale Sean $7,400,000 None Available
Karp Jill J $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchale Sean $4,070,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $7,400,000 -10.8% $1,062 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $8,295,000 -- $1,190 / 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 $20,574 $7,763,600 $1,111,000 $6,652,600
2024 $18,297 $7,175,300 $1,111,000 $6,064,300
2023 $18,231 $7,234,400 $1,119,400 $6,115,000
2022 $14,670 $4,841,600 $1,119,400 $3,722,200
2021 $16,748 $5,106,000 $980,000 $4,126,000
2020 $17,539 $5,235,500 $1,109,500 $4,126,000
2019 $17,973 $4,644,300 $924,600 $3,719,700
2018 $16,542 $4,729,100 $924,600 $3,804,500
2017 $16,034 $4,516,600 $898,700 $3,617,900
2016 $15,887 $4,388,700 $789,000 $3,599,700
2015 $14,577 $4,201,000 $754,700 $3,446,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 37962

APN: EDGA-000044-000012-000053