NOT LISTED FOR SALE

12 Gerts Way Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,775,737 - $2,102,000

4 Beds
2.5 Baths
1,404 Sq Ft
$1,340/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $1,025,000 $730 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,281/month

90 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Wooded Lot
  • No HOA
  • Baseboard Heating

About This Home

As of November 2020

This home in the heart of Katama, and all it has to offer, lives large! Close to bike trails, South Beach, Morning Glory Farm and Edgartown village, with plenty of indoor and outdoor spaces to relax and entertain extended family and friends. The lower level has 4 generous bedrooms, two of which have full baths. Upstairs the open floor plan has an updated kitchen, Living Room, and a nook for reading or playing games. The upstairs living space opens up to a large 3 season porch and fabulous sunny deck for outdoor dining. Strong rental history with rentals in place for Summer 2020

Last Agent to Sell the Property

Kathleen Dawson

Donnelly + Co. License #448014763 Listed on: 06/18/2020

Last Buyer's Agent

Kathleen Dawson

Point B Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3615112

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,058

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • Directions: Herring Creek to right on Meeting House Way to right on Gerts Way
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Separate Living Qtrs (None)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Living Area: 1404
  • Stories: 2

Exterior Features

  • Lot Features: Cleared, Level, Wooded
  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Cooling: Fixed Wall System
  • Heating: Baseboard, Other
  • Sewer: Private 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: 23087
  • Parcel #: 3615112
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3058
  • Tax Book Number: 1484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Oct 23, 2020
Sold by
Gerts Salamone Rt
Bought by
Moreira Afranio and Furtado Laura K
Seller's Agent
Kathleen Dawson
Donnelly + Co.
Buyer's Agent
Kathleen Dawson
Donnelly + Co.
List Price
$1,145,000
Sold Price
$1,025,000
Premium/Discount to List
-$120,000
-10.48%
Current Estimated Value
$1,881,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,684
Avg. Annual Appreciation
13.29%
Original Mortgage
$726,500
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 20, 2018
Sold by
Salamone Robert and Salamone Helen D
Bought by
Gerts Salamone Rt

Purchase Details

Closed on
Dec 11, 1992
Bought by
Salamone Robert and Salamone Helen D
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
Moreira Afranio $1,025,000 None Available
Gerts Salamone Rt -- --
Salamone Robert $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salamone Robert $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $1,025,000 -10.5% $730 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $1,145,000 -- $816 / 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 $3,646 $1,376,000 $732,200 $643,800
2024 $3,286 $1,288,700 $732,200 $556,500
2023 $3,271 $1,298,100 $743,200 $554,900
2022 $3,171 $1,046,500 $697,000 $349,500
2021 $2,918 $889,500 $578,800 $310,700
2020 $2,648 $790,400 $496,200 $294,200
2019 $3,059 $790,400 $496,200 $294,200
2018 $3,069 $793,000 $578,800 $214,200
2017 $2,619 $737,800 $523,600 $214,200
2016 $2,488 $687,400 $496,200 $191,200
2015 $2,412 $695,100 $496,200 $198,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kathleen Dawson

    Donnelly + Co.

    (508) 579-3284

    7 in this area

    8 Total Sales

    Kathleen Dawson
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Map

Source: Martha's Vineyard MLS

MLS Number: 32000275

Martha

APN: EDGA-000036-000015-000112

Massachusetts Dukes County Edgartown 02539 Edgartown

12 Gerts Way, Edgartown, MA

This home is located at 12 Gerts Way, Edgartown, MA 02539 since 18 June 2020 and is currently estimated at $1,881,684, approximately $1,340 per square foot. This property was built in 1986. 12 Gerts 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.

Martha IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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