NOT LISTED FOR SALE

Estimated Value: $2,294,000 - $3,622,000

3 Beds
3.5 Baths
1,951 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,900,000 $974 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,303/month

1 Day on Market

Highlights

  • Pasture Views
  • Patio
  • Heating Available

About This Home

As of July 2021

One of the last of the family camps with character is now available to enjoy the charms of Katama on the Vineyard! With WATER VIEWS from the second floor deck, and its ideal central location to South Beach and the Katama Airport, this left fork home checks off all the boxes! The unique homestead ABUTS 162 ACRES OF PROTECTED CONSERVATION FARM LAND with views of rolling fields! Originally built in 1945 as the barn housing tractors for the farm, this home has been upgraded over the years to now be a charming 3 bedroom 3 1/2 bath with laundry, has recent new appliances and upgrades. Just a short bike ride from South Beach, ride down a path leading directly to the house, and use the outside shower. Enjoy the quintessential scenery while relaxing on the large front flagstone patio. Let the kids play in the expansive front and back grass yard. Host guests (or not!) in the huge En Suite with kitchenette and separate entrance. The first floor master bedroom offers a separate entrance to the wrap around deck. A rare opportunity to be surrounded by the beauty of nature, it is move in ready, and being SOLD AS IS.

Last Agent to Sell the Property

Martha Smith

C McManus Realty Group Listed on: 06/08/2021

Last Buyer's Agent

Martha Smith

C McManus Realty Group Listed on: 06/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 1945 | Remodeled in 1991

Lot Details

  • 0.63 Acre Lot
  • Property is zoned R60

Interior Spaces

  • 1,951 Sq Ft Home
  • Pasture Views
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 58
  • $619,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,242

Year Built

Built in 1945 | Remodeled in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Yes
  • LotSizeAcres: 0.6336
  • View: Pasture
  • Co List Office Mls Id: 745
  • Building Area Total: 1951
  • Has Fireplace?: No
  • Effective Year Built: 1991
  • Year Built: 1945
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Possible Use: 69
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Flue in place for Wood or Pellet Stove
  • Flooring: 2
  • Interior Amenities: OSh, Floor 1: Living, kitchen and dining area including bathroom, 1st floor bedroom en suite, delightful sun room, 2 car garage, laundry and outdoor shower., Floor 2: Spacious Master Bedroom suite with beverage station and separate entrance, den or study area with water views off 2nd floor deck, 3rd bedroom, 3rd bathroom.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, PubBch, Patio
  • Other Structures: Shed

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 27600
  • Land Lease Expiration Date: 2021-11-30
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 58
  • Tax Map Number: 45
  • Tax Other Annual Assessment Amount: 619300
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 8, 2021
Sold by
Elizabeth A Burke T
Bought by
Seaside Farm Llc
Seller's Agent
Martha Smith
C McManus Realty Group
Buyer's Agent
Martha Smith
C McManus Realty Group
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%
Current Estimated Value
$2,804,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,103
Avg. Annual Appreciation
6.76%
Original Mortgage
$1,425,000
Outstanding Balance
$1,298,178
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,207,803

Purchase Details

Closed on
Apr 23, 2020
Sold by
Burke Elizabeth A
Bought by
Elizabeth A Burke T

Purchase Details

Closed on
Jul 2, 1964
Bought by
Burke Thomas E and Burke Elizabeth A
Source: Public Records

Range of Values:

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Average Value
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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
Seaside Farm Llc $1,900,000 None Available
Elizabeth A Burke T -- None Available
Burke Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaside Farm Llc $1,425,000
Previous Owner Burke Thomas E $938,250
Previous Owner Burke Thomas E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $1,900,000 -13.6% $974 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $2,200,000 -- $1,128 / 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 $5,242 $1,978,200 $860,800 $1,117,400
2024 $4,609 $1,807,600 $860,800 $946,800
2023 $4,468 $1,773,000 $874,300 $898,700
2022 $3,475 $1,146,700 $745,900 $400,800
2021 $3,249 $990,600 $619,300 $371,300
2020 $2,956 $882,500 $530,800 $351,700
2019 $3,415 $882,500 $530,800 $351,700
2018 $3,103 $893,600 $619,300 $274,300
2017 $2,971 $836,900 $560,300 $276,600
2016 $2,763 $763,200 $516,500 $246,700
2015 $2,683 $773,200 $516,500 $256,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 38227

APN: EDGA-000045-000058