NOT LISTED FOR SALE

Estimated Value: $3,711,000 - $6,131,000

4 Beds
3.5 Baths
3,168 Sq Ft
$1,411/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $2,200,000 $694 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $24,610/month

25 Days on Market

Highlights

  • Beach Front
  • 1 Fireplace
  • No HOA
  • Wood Flooring
  • Mud Room
  • Tennis Courts

About This Home

As of January 2019

Located just off South Water Street is this picture perfect Vineyard home! With easy access to both Downtown Edgartown and Katama beaches, the location is prime. Built in 2004, this 4 bedroom home is impeccably maintained both inside and out. Lovely flower gardens surround the property and line the stone patios and screened porch. The first floor features a spacious mudroom with powder room, open living room with high ceilings, media room, dining room, gourmet kitchen and bedroom suite with a private full bath. The second floor includes 2 guest bedrooms both, guest bath and master bedroom suite. Other amenities include screened porch and 1 car garage. Come enjoy this beautiful Vineyard beach home with excellent rental potential!!

Last Agent to Sell the Property

Alyssa Halisky

Wallace & Co. Sotheby's International Realty License #448007129 Listed on: 10/12/2018

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Jennifer DaSilva

Compass Massachusetts, LLC License #448014619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Paved or Partially Paved Lot
  • Level Lot
  • Garden
  • Property is zoned R5

Parking

  • 1 Car Attached Garage
  • Open Parking

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Mud Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Pool

  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 29A221

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,894

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Lot Size Acres: 0.31
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: 2 DRIVEWAYS: South Water Street to Cummings Way. Driveway is at the end of Cummings Way on the right. OR Driveway is off of Katama Road (145 Katama Road).
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Basement: Full, Interior Entry
  • Total Bedrooms: 4
  • Interior Amenities: Mud Room
  • Other Equipment: Fuel Tank(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Hardwood, Wood, Tile
  • Living Area: 3168
  • Stories: 2

Exterior Features

  • Exterior Features: Garden, Outdoor Shower
  • Lot Features: Bike Path, Shopping, Public Tennis, Harbor, Level
  • Pool Private: No
  • Waterfront Features: Beach Front, Ocean Front, Public, Harbor
  • Waterfront: No
  • Foundation Details: Poured

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached, Improved Driveway

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 13504
  • Parcel #: 29A221
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6894
  • Tax Book Number: 1398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jan 4, 2019
Sold by
Breen Sean T and Breen Caroline A
Bought by
Carter Michael L and Carter Bonnie S
Seller's Agent
Alyssa Halisky
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Jennifer DaSilva
Compass Massachusetts, LLC
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%
Current Estimated Value
$4,395,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,195,806
Avg. Annual Appreciation
10.26%
Original Mortgage
$1,430,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2014
Sold by
Ralph P Fargnoli Jr T and Fargnoli Ralph P
Bought by
Judith R Fargnoli T and Fargnoli Judith R

Purchase Details

Closed on
Feb 21, 2013
Sold by
Fargnoli Ralph P and Fargnoli Judith R
Bought by
Ralph P Fargnoli Jr T and Fargnoli Ralph P

Purchase Details

Closed on
Feb 20, 2004
Sold by
Fargnoli Ralph P
Bought by
Fargnoli Judith R and Fargnoli Ralph P

Purchase Details

Closed on
Oct 3, 2003
Sold by
Fargnoli Maribeth
Bought by
Fargnoli Ralph P

Purchase Details

Closed on
Nov 29, 1995
Sold by
Muldaur Geoffrey D
Bought by
Fargnoli Ralph P and Fargnoli Maribeth
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
Carter Michael L $2,200,000 None Available
Judith R Fargnoli T -- --
Ralph P Fargnoli Jr T -- --
Fargnoli Judith R -- --
Fargnoli Ralph P -- --
Fargnoli Ralph P $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Michael L $1,434,766
Closed Carter Michael L $1,430,000
Previous Owner Fargnoli Ralph P $108,900
Previous Owner Fargnoli Ralph P $508,300
Previous Owner Fargnoli Ralph P $526,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2019 01/14/19 Sold $2,200,000 -2.2% $694 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $2,250,000 +25.0% $710 / Sq Ft
02/17/2016 02/17/16 Sold $1,800,000 -5.3% $568 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $1,900,000 -- $600 / Sq Ft
Source: Martha's Vineyard MLS

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 $7,894 $2,978,700 $986,100 $1,992,600
2024 $6,705 $2,629,600 $986,100 $1,643,500
2023 $6,449 $2,559,300 $1,027,100 $1,532,200
2022 $6,462 $2,132,700 $968,500 $1,164,200
2021 $6,706 $2,044,600 $880,400 $1,164,200
2020 $5,911 $1,764,500 $800,400 $964,100
2019 $7,308 $1,888,300 $867,100 $1,021,200
2018 $6,894 $1,781,500 $856,600 $924,900
2017 $4,727 $1,331,500 $659,000 $672,500
2016 $4,630 $1,279,100 $659,000 $620,100
2015 $4,046 $1,166,100 $635,100 $531,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804583

Martha

APN: EDGA-000029A-000022-000001