NOT LISTED FOR SALE

Estimated Value: $3,408,000 - $5,954,000

4 Beds
3.5 Baths
3,168 Sq Ft
$1,342/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2019

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

Est. 93% increase in value since last sale

Current estimated payment $23,204 / mo

18 Days on Market

Highlights

  • Deck
  • Patio
  • Gas Fireplace
  • Screened Porch
  • Garden

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, dining room and gourmet kitchen with granite countertops, cooking island and an addition island/breakfast bar. French doors off the living room take you to a cozy media room with a gas fireplace. A bedroom suite is also located on the first floor with a private full bath. The second floor includes 2 guest bedrooms both with charming window seats, shared tile bath, large loft area or office nook, and a master bedroom suite with a spacious walk-in closet and full bath. 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 Listed on: 10/12/2018

Last Buyer's Agent

Jennifer DaSilva

Compass | Point B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 2004

Lot Details

  • 13,503 Sq Ft Lot
  • Garden
  • Property is zoned R5

Interior Spaces

  • 3,168 Sq Ft Home
  • Gas Fireplace
  • Screened Porch

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22.1
  • $856,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,894

Year Built

Built in 2004

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Easement for driveway off of Cummings Way. Note: additional driveway off of Katama Road. See Access and Utility Easement attached, Landscaped with bluestone patio and irrigation.
  • LotSizeAcres: 0.31
  • View: None
  • Co List Office Mls Id: 741
  • Building Area Total: 3168
  • Has Fireplace?: No
  • Year Built: 2004
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: Gas 5-burner range and double wall oven, Washer: Laundry on first floor
  • Has Basement: Full basement - ready to finish!
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas fireplace
  • Flooring: 2
  • Interior Amenities: A,AC,Ins,Irr,Media,OSh, Floor 1: Mudroom with half-bath and laundry, gourmet kitchen, dining room, living room and media room. First floor bedroom and private full bath., Floor 2: Master bedroom with private bath, 2 guest bedrooms with shared full bath. Loft area at top of stairs.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Patio, ScrPorch, PubBch, C/Tennis
  • Foundation Details: Concrete - Full basement
  • Other Structures: Attached 1 car garage

Garage/Parking

  • Parking Features: Parking off of Katama Road and Cummings Way

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 13503
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 6894.41
  • Tax Lot: 22.1
  • Tax Map Number: 29A
  • Tax Other Annual Assessment Amount: 856600
  • Tax Year: 2018

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
Buyer's Agent
Jennifer DaSilva
Compass | Point B
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%
Current Estimated Value
$4,252,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,052,542
Avg. Annual Appreciation
9.45%
Original Mortgage
$1,430,000
Outstanding Balance
$1,262,314
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,990,228

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $1,430,000
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 List to Sale Price per Sq Ft Prior Sale
01/14/2019 01/14/19 Sold $2,200,000 -2.2% $694 / Sq Ft
10/30/2018 10/30/18 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 View Prior Sale
11/25/2015 11/25/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $1,900,000 -- $600 / Sq Ft
Source: LINK (Vineyard)

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

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Map

Source: LINK (Vineyard)

MLS Number: 34427

APN: EDGA-000029A-000022-000001

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