NOT LISTED FOR SALE

Estimated Value: $1,838,401 - $2,122,000

3 Beds
2 Baths
1,861 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $665,000 $357 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $10,810/month

107 Days on Market

About This Home

As of October 2014

A Home for all Seasons!  Look over the cedar picket fence to a lovely landscaped yard with a handsome, well maintained, cedar clapboard & shingle Cape. Custom details throughout the interior, air conditioning & a large, fully fenced back yard (which is protected by common land to the rear), great for children or pets, all demonstrate that this property is a cut above the rest. An excellent location for seasonal, rental or year-round living within close proximity to Edgartown center, South Beach & Morning Glory Farm, while also very convenient to head up-island.  A strong value in an area with several million dollar plus home sales, move-in ready, partially furnished for ease of purchase and competitively priced! Well-sited with room for expansion if desired, by connecting to Town Sewer, this property will support up to 6 bedrooms. There is also ample space for a pool &/or a garage.

Last Agent to Sell the Property

Ann Heron

Wallace & Co. Sotheby's Listed on: 06/10/2014

Last Buyer's Agent

Jen O'Hanlon

Compass | The O'Hanlon Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,026

Year Built

  • 1986

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R20

Interior Spaces

  • 1,861 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 204
  • $283,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,026

Year Built

1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 741
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Appliances: Stove: Garland Gas, also Outlet for Electric, Washer: Maytag
  • Has Basement: Full basement with washer & dryer under original house and a high crawl space, with a poured concrete floor under the addition. There is ample storage complete with interior and bulkhead access.
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood stove w/brick surround
  • Interior Amenities: AC,Ins,Irr,OSh,WdStove, Floor 1: From the large mahogany deck enter the custom designed living room with a pickled cathedral ceiling, built-in bookcases, wainscoting, & ash flooring which leads into the Dining room w/oak flooring, a wood stove with a brick surround and cathedral ceiling with natural light from a skylight. The efficient kitchen off the Dining room offers good counter space & storage, a breakfast bar, tile flooring, tile backsplash and a convenient pass-thru to the living room. In addition on this level, there are also two carpeted bedrooms  and a full bath with tile flooring. One can walk from the Living Room to the large fenced back yard, handy gas grill, outdoor shower & large shed., Floor 2: There is a large Master bedroom with a bay window, window seat & a skylight. There is also a loft area office/sleeping area w/great natural light and a full bathroom w/tiled floor   (There are 3 skylights on this level.)
  • Main Level Bedrooms: 2
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No
  • Foundation Details: poured concrete
  • Other Structures: Large storage shed w/electricity & two access' plus large outdoor shower.

Garage/Parking

  • Parking Features: ample

Utilities

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

Lot Info

  • Lot Size Sq Ft: 22216
  • Land Lease Expiration Date: 2014-10-30
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 2026
  • Tax Lot: 204
  • Tax Map Number: 28
  • Tax Other Annual Assessment Amount: 283400
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Oct 22, 2014
Sold by
Prendergast Thomas F and Heron Ann
Bought by
Prescott Melanie R
Seller's Agent
Ann Heron
Wallace & Co. Sotheby's
Buyer's Agent
Jen O'Hanlon
Compass | The O'Hanlon Group
List Price
$723,000
Sold Price
$665,000
Premium/Discount to List
-$58,000
-8.02%
Current Estimated Value
$1,927,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,262,350
Avg. Annual Appreciation
10.30%
Original Mortgage
$375,000
Outstanding Balance
$289,143
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,638,207

Purchase Details

Closed on
Jun 26, 2014
Sold by
Heron Ann
Bought by
Land Marthas Vineyard
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
Prescott Melanie R $660,000 --
Land Marthas Vineyard $7,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prescott Melanie R $375,000
Previous Owner Heron Ann $187,500
Previous Owner Heron Ann $100,000
Previous Owner Heron Ann $225,000
Previous Owner Heron Ann $225,000
Previous Owner Heron Anne E $60,000
Previous Owner Heron Ann $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2014 10/22/14 Sold $665,000 -8.0% $357 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $723,000 -- $389 / 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 $3,697 $1,395,000 $571,800 $823,200
2024 $3,273 $1,283,500 $571,800 $711,700
2023 $3,177 $1,260,700 $590,200 $670,500
2022 $3,143 $1,037,400 $590,000 $447,400
2021 $3,029 $923,600 $509,000 $414,600
2020 $2,883 $860,500 $467,700 $392,800
2019 $3,277 $846,700 $453,900 $392,800
2018 $2,766 $714,600 $412,700 $301,900
2017 $2,049 $577,100 $275,200 $301,900
2016 $1,971 $544,600 $275,200 $269,400
2015 $1,927 $555,400 $275,200 $280,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 26757

APN: EDGA-000028-000204