NOT LISTED FOR SALE

131 N Water St Unit 21 Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,190,344

1 Bed
1 Bath
514 Sq Ft
$2,734/mo HOA Fee

Last Sold April 02, 2024

Last sale price $1,100,000 $2,140 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,415/month

437 Days on Market

About This Home

As of April 2024

UNPARALLELED LUXURY AWAITS AT THE HARBOR VIEW CAPTAIN’S COTTAGES - Near the end of North Water Street, overlooking Edgartown’s picturesque harbor and steps from the iconic lighthouse, sits the most storied hotel on Martha’s Vineyard. The legendary Harbor View Hotel has been a mainstay for all to gather for generations. Built in 1891 and after a top to bottom restoration in 2018 and extensive modernization again in 2021, this charming and sophisticated resort is offering the opportunity of fully managed residences with deeded ownership providing the splendor of Vineyard homeownership without the worry of maintenance and property management. Sprinkled across the property, the Harbor View Captain’s Cottages provide all of the hotel’s refined amenities. This oversized 1-Bedroom, 1-Bath first floor residence is located in the Captain Collins Cottage and features fresh and inviting spaces with furnishings that evoke Vineyard style and life lived near the sea. The expansive living room has a pull out couch for extra guests and a big bay window to let the sunshine in. Enjoy morning coffee on the front porch before a day lounging at the pool and cabanas. Have the Concierge book a tee time or pack a picnic for your afternoon relaxing with a book at Lighthouse Beach. Gather for sunset cocktails before dining at the hotel’s award winning Bettini Restaurant, while the Chef prepares your favorite meal. Bicycle or stroll around Edgartown Village and enjoy the many art galleries, shops and restaurants surrounded by the beauty and historic charm of the village. Ownership at the Harbor View Captain’s Cottages has been thoroughly contemplated to offer the finest service and unsurpassed experiences for Vineyard lovers of all ages. Owners enjoy a myriad of benefits including dining and beverage discounts at the hotel. There is also a fully managed rental program available for when owners are not in residence. The Harbor View Captain’s Cottages offer easy and carefree second home ownership with the opportunity for idyllic in-town living.

Last Agent to Sell the Property

Kim Naylor

Donnelly + Co Listed on: 12/13/2022

Last Buyer's Agent

Trish Lyman

Compass | Point B

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,137

Year Built

  • 2011

HOA Fees

  • $2,734 per month

Interior Spaces

  • 514 Sq Ft Home
  • Furnished
  • Gas Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 107.2

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,137

Year Built

2011

Lot Details

0

HOA Fees

$2,734 per month

Listing Details

  • Property Sub Type: Condominium
  • Property Type: Condominium
  • Co List Office Mls Id: 811
  • Special Features: None
  • Year Built: 2011

Interior Features

  • Appliances: Stove: N/A, Washer: Washer Located In Basement Level Laundry Area
  • Has Basement: There is a private storage locker located on the basement level.
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Fireplace
  • Interior Amenities: A,AC,Ins,Irr,OSh
  • Main Level Bedrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Hotel Parking Lot or On-Street Parking

Utilities

  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease Expiration Date: 2024-12-01
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2137.48
  • Tax Lot: 107.2
  • Tax Map Number: 20B
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Apr 2, 2024
Sold by
21 Collins Llc
Bought by
Levy Michael and Burns Kathleen
Seller's Agent
Kim Naylor
Donnelly + Co
Buyer's Agent
Trish Lyman
Compass | Point B
List Price
$1,145,000
Sold Price
$1,100,000
Premium/Discount to List
-$45,000
-3.93%
Views
417
Current Estimated Value
$1,190,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,344
Avg. Annual Appreciation
1.79%
Original Mortgage
$880,000
Outstanding Balance
$869,811
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,673

Purchase Details

Listed on
Jul 18, 2014
Closed on
Jul 18, 2014
Sold by
Scout Harbor View Prop
Bought by
Nomora Llc
Seller's Agent
LINK Email Cache
LINK
Sold Price
$713,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
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
Levy Michael $1,100,000 None Available
Nomora Llc $713,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Michael $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $1,100,000 -3.9% $2,140 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
12/13/2022 12/13/22 For Sale $1,145,000 +86.9% $2,228 / Sq Ft
06/03/2021 06/03/21 Sold $612,500 -12.4% $1,192 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
10/13/2020 10/13/20 For Sale $699,000 -2.0% $1,360 / Sq Ft
07/18/2014 07/18/14 Sold $713,500 -- $1,334 / 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 $2,341 $883,400 $0 $883,400
2024 $2,100 $823,500 $0 $823,500
2023 $2,075 $823,500 $0 $823,500
2022 $1,926 $635,700 $0 $635,700
2021 $2,085 $635,700 $0 $635,700
2020 $2,130 $635,700 $0 $635,700
2019 $2,460 $635,700 $0 $635,700
2018 $2,460 $635,700 $0 $635,700
2017 $2,257 $635,700 $0 $635,700
2016 $2,092 $577,900 $0 $577,900
2015 $1,654 $476,800 $0 $476,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 40349

APN: EDGA-000020B-000107-000002