NOT LISTED FOR SALE

131 N Water St Unit 92 Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,397,502

2 Beds
2 Baths
761 Sq Ft
2008 Built

Last Sold August 08, 2016

Last sale price $799,000 $1,050 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,975/month

314 Days on Market

About This Home

As of August 2016

OWN AT THE HARBOR VIEW CAPTAIN'S COTTAGE SUITES: THE ULTIMATE IN LUXURIOUS and CAREFREE ISLAND LIVING. ***2-BEDROOM | 2-BATH LUXURY CONDOMINIUM*** Near the end of North Water Street, overlooking Edgartown's picturesque harbor and steps the iconic lighthouse, sits the most storied hotel on Martha's Vineyard. Built in the 1890s and now sparkling after a $30 million renovation, Harbor View Hotel is more than ever the "Grande Dame" of the island and a beloved destination for those who love the unpretentious charm of the Vineyard. With the release of this exclusive collection of 1- and 2- and 3 bedroom Captain's Cottage suites, you can now enjoy the best of both worlds-the sophistication and charm of iconic Vineyard ownership, with all the services, amenities and convenience that come with a private, fully-managed cottage suite at the Harbor View. For a limited time, buyers have an opportunity to enjoy a complimentary kitchenette upgrade to include GE ceramic-glass compact cooktop and easy-to-operate GE Café Series convection/microwave oven with baking and browning capabilities. Each cottage suite is also equipped with a small refrigerator, dishwasher and coffeemaker. Interior designer Linda Woodrum, known for her work on HGTV "Dream Homes" and Coastal Living Idea Houses, has created fresh, inviting, interior spaces with furnishings that evoke Vineyard style and life lived near the sea. Sprinkled across the property, the cottages put you in the heart of all the hotel's refined amenities, while giving you an exclusively private way to enjoy your time on the Vineyard. Stroll to Fuller Street Beach or the Edgartown Lighthouse for a relaxing day at the beach. Recline on your private deck while the kids head to the hotel pool or activities on the lawn. Gather on the spacious veranda for sunset cocktails, or grab your favorite table at Lighthouse Grill restaurant, while the Chef prepares your favorite dinner. Ownership at the cottages has been thoughtfully contemplated to offer fine service and unsurpassed experiences for Vineyard lovers of all ages -- and Harbor View Hotel also offers a fully-managed Rental Program. ***SPECIAL NOTE: Be sure to ask about our 2016 Spring/Summer Sales Promotion!

Last Agent to Sell the Property

Wendy Harman

Compass | Point B Listed on: 08/04/2015

Last Buyer's Agent

Wendy Harman

Compass | Point B Listed on: 08/04/2015

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,082

Year Built

2008

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Property Type: Condominium
  • Co List Office Mls Id: 811
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Appliances: Stove: GE Convection Oven, Washer: Bosch
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1
  • Interior Amenities: AC,Ins,OSh, Floor 1: This single-level condominium suite is comprised of an open Living/Dining and Kitchen area - as well as two bedrooms, both with en suite baths. One of the bedrooms can be used as a lock-off to generate rental revenue separate from the remainder of the unit.
  • Main Level Bedrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concerte

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Expiration Date: 2016-12-30
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2398.61
  • Tax Lot: 107/11
  • Tax Map Number: 20B
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Aug 16, 2016
Sold by
Hohm Dale and Sadkin Toby
Bought by
Dale Michael Hohm Ret
Seller's Agent
Wendy Harman
Compass | Point B
Buyer's Agent
Wendy Harman
Compass | Point B
List Price
$1,025,000
Sold Price
$799,000
Premium/Discount to List
-$226,000
-22.05%
Current Estimated Value
$1,397,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,502
Avg. Annual Appreciation
6.30%
Original Mortgage
$559,300
Outstanding Balance
$458,188
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$921,423

Purchase Details

Listed on
Aug 4, 2015
Closed on
Aug 8, 2016
Sold by
Scout Harbor View Prop
Bought by
Hohm Dale and Sadkin Toby
Seller's Agent
Wendy Harman
Compass | Point B
Buyer's Agent
Wendy Harman
Compass | Point B
List Price
$1,025,000
Sold Price
$799,000
Premium/Discount to List
-$226,000
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,300
Outstanding Balance
$458,188
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$921,423
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
Dale Michael Hohm Ret -- --
Hohm Dale $799,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hohm Dale $559,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $799,000 -22.0% $1,050 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
08/04/2015 08/04/15 For Sale $1,025,000 -- $1,347 / 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 $3,082 $1,163,100 $0 $1,163,100
2024 $2,765 $1,084,200 $0 $1,084,200
2023 $2,732 $1,084,200 $0 $1,084,200
2022 $2,531 $835,300 $0 $835,300
2021 $2,740 $835,300 $0 $835,300
2020 $2,798 $835,300 $0 $835,300
2019 $3,233 $835,300 $0 $835,300
2018 $2,829 $730,900 $0 $730,900
2017 $2,595 $730,900 $0 $730,900
2016 $2,399 $662,600 $0 $662,600
2015 $2,299 $662,600 $0 $662,600
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wendy Harman

    Compass | Point B

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 29130

APN: EDGA-000020B-000107-000014

Massachusetts Dukes County Edgartown 02539 Edgartown

131 N Water St Unit 92, Edgartown, MA

This home is located at 131 N Water St Unit 92, Edgartown, MA 02539 since 04 August 2015 and is currently estimated at $1,397,502, approximately $1,836 per square foot. This property was built in 2008. 131 N Water St Unit 92 is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

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