NOT LISTED FOR SALE

Estimated Value: $4,567,000 - $8,545,000

23,958 Acres
$246 Price per Acre
1,043,610,000 Sq Ft Lot

Last Sold November 07, 2013

Last sale price $625,000 $162 Per Sq Ft

Est. 809% increase in value since last sale

Current estimated payment $32,152/month

159 Days on Market

Highlights

  • 23,958 Acre Lot
  • Level Lot
  • Near Conservation Area
  • Bike Trail

About This Lot

As of November 2013

Great opportunity to purchase last available lot at Field Club Association in Katama. Half acre lot with utilities installed and Club Membership incentive. Located approximately one mile from downtown Edgartown and South Beach, the Field Club Homes will provide the finest in resort style living with a collection of superbly designed and custom crafted shingle style residences. The properties are located adjacent to the Boathouse’s Field Club – the island’s newest family oriented sports and leisure club that includes a clubhouse with a pool and restaurant, a racquet club with tennis (grass and hard turf), squash and paddle tennis and a sports facility that features a world class workout center and a full service spa.

Last Agent to Sell the Property

Gerret Conover

LandVest MV License #137624 Listed on: 05/31/2013

Last Buyer's Agent

Member Non

cci.unknownoffice

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,361

Lot Details

  • 23,958 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Property is zoned R20

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 3610218

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$2,361

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 23958
  • Directions: Katama Road to Field Club Drive. #14 is on the right.
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Bike Path, Conservation Area, Level
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Electric: On Site
  • Telephone: On Site
  • Gas Company: On Site
  • Utilities: Cable Connected
  • Electricity On Property: Yes
  • Water Source: Public on Site

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Zoning: R20
  • Lot Size Sq Ft: 1043610480
  • Parcel #: 3610218
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2361
  • Tax Book Number: 1143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2013
Closed on
Nov 7, 2013
Sold by
South Village Assoc Ll
Bought by
Falvey Paul J and Falvey Caryl E
Seller's Agent
Gerret Conover
LandVest MV
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$649,000
Sold Price
$1,440,000
Premium/Discount to List
$791,000
121.88%
Current Estimated Value
$5,681,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,241,609
Avg. Annual Appreciation
12.09%
Original Mortgage
$1,440,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
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
Falvey Paul J $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falvey Paul J $1,300,000
Closed Falvey Paul J $1,277,000
Closed Falvey Paul J $300,000
Closed Falvey Paul J $1,432,000
Closed Falvey Paul J $80,000
Closed South Village Assoc Ll $1,440,000
Previous Owner South Village Assoc Ll $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2013 11/07/13 Sold $625,000 -56.6% $162 / Sq Ft
11/07/2013 11/07/13 Sold $1,440,000 +121.9% $373 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
10/08/2013 10/08/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $649,000 -10.5% $168 / Sq Ft
06/21/2011 06/21/11 For Sale $725,000 -- $188 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $12,522 $4,725,100 $2,185,300 $2,539,800
2024 $11,704 $4,589,700 $2,185,300 $2,404,400
2023 $11,225 $4,454,500 $2,082,400 $2,372,100
2022 $10,939 $3,610,200 $2,079,400 $1,530,800
2021 $9,828 $2,996,200 $1,297,800 $1,698,400
2020 $9,852 $2,940,900 $1,242,500 $1,698,400
2019 $10,466 $2,704,300 $1,173,500 $1,530,800
2018 $8,253 $2,677,900 $1,173,500 $1,504,400
2017 $7,887 $2,221,600 $828,400 $1,393,200
2016 $7,342 $2,028,300 $635,100 $1,393,200
2015 $2,338 $673,700 $607,500 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21309884

Cape Cod & Islands Association of REALTORS®

APN: EDGA-000036-000102-000018