NOT LISTED FOR SALE

Estimated Value: $2,953,000 - $4,566,000

4 Beds
3 Baths
2,900 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $1,300,000 $448 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $21,175/month

788 Days on Market

About This Home

As of October 2013

South Water Street Gem in the heart of Edgartown Village with upstairs views of the Edgartown Lighthouse and Harbor.  Five bedrooms, plus previously permitted to add a new master suite with views. Covered front porch for relaxing and a private back patio for entertaining. Third floor loft offers dramatic views ,a private retreat to read and enjoy .This property is ready to grow with new Buyers. Stroll to Main Street shops and steps to  the paved bike path, leading to the South Atlantic Beach!

Last Agent to Sell the Property

Suzanne Lanzone

Suzanne Lanzone & Associates LLC Listed on: 06/27/2011

Last Buyer's Agent

Bill LeRoyer

RE/MAX on Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2016
Sold by
Ratan Rini B
Bought by
Qprt Rini B Ratan Mass
Current Estimated Value
$3,698,216

Purchase Details

Listed on
Jun 27, 2011
Closed on
Oct 11, 2013
Sold by
Vincent Ft
Bought by
Ratan Rajiv R and Ratan Rini B
Seller's Agent
Suzanne Lanzone
Suzanne Lanzone & Associates LLC
Buyer's Agent
Bill LeRoyer
RE/MAX on Island
List Price
$2,550,000
Sold Price
$1,300,000
Premium/Discount to List
-$1,250,000
-49.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$1,040,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2007
Sold by
Vincent Edward W
Bought by
Vincent Ft and Vincent Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.41%

Purchase Details

Closed on
Aug 10, 2007
Sold by
Vincent Ft and Vincent Edward W
Bought by
Vincent Edward W
Source: Public Records

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Range of Values:

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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
Qprt Rini B Ratan Mass -- --
Ratan Rini B -- --
Ratan Rajiv R $1,300,000 --
Vincent Ft -- --
Vincent Edward W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratan Rajiv R $825,000
Previous Owner Ratan Rajiv R $1,027,000
Previous Owner Vincent Family Nt $1,040,000
Previous Owner Vincent Edward W $350,000
Previous Owner Vincent Ft $990,000
Previous Owner Vincent Ft $350,000
Previous Owner Vincent Family Nt $500,000
Previous Owner Vincent Family Nt $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $1,300,000 -49.0% $448 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
06/27/2011 06/27/11 For Sale $2,550,000 -- $879 / 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 $6,892 $2,600,600 $1,250,500 $1,350,100
2024 $6,448 $2,528,600 $1,250,500 $1,278,100
2023 $6,144 $2,438,000 $1,203,100 $1,234,900
2022 $5,885 $1,942,400 $1,154,500 $787,900
2021 $6,274 $1,912,800 $1,038,500 $874,300
2020 $6,260 $1,868,600 $994,300 $874,300
2019 $6,256 $1,616,500 $828,600 $787,900
2018 $6,023 $1,556,300 $827,700 $728,600
2017 $4,776 $1,345,400 $684,200 $661,200
2016 $4,870 $1,345,300 $684,200 $661,100
2015 $4,226 $1,217,900 $591,600 $626,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 21698

APN: EDGA-000029B-000037