NOT LISTED FOR SALE

Estimated Value: $2,507,000 - $3,490,000

4 Beds
2 Baths
1,574 Sq Ft
$1,942/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $2,800,000 $1,779 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,734/month

794 Days on Market

Highlights

  • Waterfront
  • Deck
  • No HOA
  • 9.08 Acre Lot
  • Wood Flooring
  • Fireplace

About This Home

As of September 2021

9 special acres stretching from Beach Road to the waters of Trapps Pond - all less than a mile away from Edgartown village. This property is sub-dividable (plan available upon request). The cottage at the water's edge is charming, and from just yards away from the deck you can set off to explore the pond by kayak, paddle-board, or dinghy. The birdlife here is extraordinary, and so are the sunsets over the barrier beach from Nantucket Sound. This waterfront property will be the setting of family memories for generations to come.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's International Realty License #448003508 Listed on: 07/17/2018

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Tom Wallace

Wallace & Co. Sotheby's International Realty License #448001319

Wallace & Co. Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,265

Year Built

  • Built in 1955

Lot Details

  • 9.08 Acre Lot
  • Waterfront
  • Property is zoned R60

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,574 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1234

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,265

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Lot Size Acres: 9.08
  • Road Frontage Type: Public
  • Directions: Leaving Edgartown heading on Beach Road towards bend in the road, take the first right after Oakdale Drive.
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built Details: Actual
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Other Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile
  • Living Area: 1574
  • Stories: 1
  • Room Bedroom3 Features: Bedroom 3
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bedroom 2
  • Master Bedroom Features: Primary Bedroom
  • Room Kitchen Features: Kitchen
  • Living Room Features: Living Room
  • Dining Room Dining Room Level: First

Exterior Features

  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R60
  • Land Lease: No
  • Lot Size Sq Ft: 395525
  • Parcel #: 1234
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 13265
  • Tax Book Number: 91p

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2025
Sold by
Soverns Christopher
Bought by
12 Trapps Pond Llc
Current Estimated Value
$3,057,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Outstanding Balance
$6,449,468
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$3,392,270

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 9, 2021
Sold by
Kinmonth-Bartlett Rt and Ham
Bought by
Soverns Christopher
Seller's Agent
Bonnie Pierce
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Tom Wallace
Wallace & Co. Sotheby's International Realty
List Price
$3,200,000
Sold Price
$2,800,000
Premium/Discount to List
-$400,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$2,025,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2020
Sold by
William D Province Irt and Province
Bought by
Kinmonth-Bartlett Rt and Ham

Purchase Details

Closed on
Jun 5, 1991
Bought by
Mink Sallie B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
12 Trapps Pond Llc -- None Available
12 Trapps Pond Llc -- None Available
Soverns Christopher $2,800,000 None Available
Kinmonth-Bartlett Rt -- None Available
Kinmonth-Bartlett Rt -- None Available
Mink Sallie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 Trapps Pond Llc $6,500,000
Closed 12 Trapps Pond Llc $6,500,000
Previous Owner Soverns Christopher $2,025,000
Previous Owner Mink Sallie B $377,371
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $2,800,000 -12.5% $1,779 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
07/17/2018 07/17/18 For Sale $3,200,000 -- $2,033 / 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 $7,649 $2,886,300 $2,437,400 $448,900
2024 $7,300 $2,862,800 $2,437,400 $425,400
2023 $7,066 $2,803,900 $2,466,600 $337,300
2022 $11,764 $3,882,464 $3,609,464 $273,000
2021 $12,261 $3,738,157 $3,437,257 $300,900
2020 $13,763 $4,108,435 $3,891,235 $217,200
2019 $13,390 $3,459,900 $3,242,700 $217,200
2018 $12,421 $3,427,700 $3,242,700 $185,000
2017 $11,795 $3,322,600 $3,151,900 $170,700
2016 $10,697 $2,955,100 $2,798,400 $156,700
2015 $9,758 $2,812,000 $2,676,700 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804469

Martha

APN: EDGA-000012-000034