NOT LISTED FOR SALE

Estimated Value: $2,668,000 - $3,979,000

1.5 Acres
$2,239,821 Price per Acre
65,340 Sq Ft Lot

Last Sold June 01, 2023

Last sale price $3,060,000

Est. 18% increase in value since last sale

Current estimated payment $20,419/month

11 Days on Market

Highlights

  • 1.5 Acre Lot
  • Wooded Lot
  • Tennis Courts
  • Property is near public transit
  • No HOA
  • Jogging Path

About This Lot

As of June 2023

RARE OPPORTUNITY to build your family compound on this acre and a half parcel, in the private Witchwood association with association dock. With proper permitting, up to 8 bedrooms allowed. This is the first lot on Witchwood Lane, bordering Katama Road and the bike path leading to South Beach and Downtown Edgartown. Association DOCK SLIP and association TENNIS and PICKLE BALL. .Listing Agent must be present for all showings. No parking on grass along Witchwood Lane.OFFERS to be reviewed on April 11, 2023

Last Agent to Sell the Property

Patricia Lyman

Compass Listed on: 03/31/2023

Compass

Last Buyer's Agent

Melanie Prescott

Compass

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,527

Lot Details

  • 1.5 Acre Lot
  • Property fronts a private road
  • Private Streets
  • Level Lot
  • Wooded Lot
  • Property is zoned R60

Location

  • Property is near public transit

Utilities

  • Natural Gas Not Available
  • Perc Test On File For Septic Tank

Listing and Financial Details

  • Tax Lot 296
  • Assessor Parcel Number 36/296,3771196

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Jogging Path
  • Bike Trail
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$3,527

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Utilities

  • Sewer: Other, Perc Test On File
  • Gas: None
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Tennis Court(s), Walk/Jog Trails, Bike Path
  • Senior Community YN: No

Lot Info

  • Parcel Number: 36/296,3771196
  • Zoning: R60
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wooded
  • Lot Size Acres: 1.5
  • Lot Size Area: 1.5
  • Lot Size Sq Ft: 65340
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • PAGE: 1009
  • PERC TEST: Y
  • PERC TEST DATE: 2023-03-28T04:00:00.000Z
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3527
  • Tax Book Number: 1340
  • Tax Lot: 296
  • Tax Map Number: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 18, 2023
Sold by
Irwin Savodnik Ft
Bought by
Irwin Savodnik Ft
Seller's Agent
Patricia Lyman
Compass
Buyer's Agent
Melanie Prescott
Compass
List Price
$2,695,000
Sold Price
$3,060,000
Premium/Discount to List
$365,000
13.54%
Views
10
Current Estimated Value
$3,613,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,271
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Savodnik Nt
Bought by
Irwin Savodnik Ft
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
Irwin Savodnik Ft -- None Available
Irwin Savodnik Ft -- --
Irwin Savodnik Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11 Ww Llc $6,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $3,060,000 +13.5% --
04/12/2023 04/12/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $2,695,000 -- --
Source: MLS Property Information Network (MLS PIN)

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 $7,633 $2,880,400 $2,880,400 $0
2024 $3,544 $1,389,700 $1,389,700 $0
2023 $3,527 $1,399,700 $1,399,700 $0
2022 $4,241 $1,399,746 $1,399,746 $0
2021 $4,021 $1,225,909 $1,225,909 $0
2020 $4,649 $1,387,822 $1,387,822 $0
2019 $4,476 $1,156,500 $1,156,500 $0
2018 $4,476 $1,156,500 $1,156,500 $0
2017 $3,991 $1,124,100 $1,124,100 $0
2016 $3,569 $985,900 $985,900 $0
2015 $3,272 $943,000 $943,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093876

MLS Property Information Network (MLS PIN)

APN: EDGA-000036-000296