NOT LISTED FOR SALE

Estimated Value: $3,787,000 - $4,467,000

3 Beds
5 Baths
3,800 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $1,981,250 $521 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $23,981/month

53 Days on Market

About This Home

As of July 2015

A splendid quality of island life awaits youat this delightful Katama home!  This dramatic ocean view contemporary was recently renovated with stylish high-end finishes and designs throughout its four levels. Located in a popular area that is a short walk to South Beach.  The home was designed to gracefully and comfortably accommodate family living and island entertaining both inside and out.  The main living area on the second floor features an open layout with multiple living areas included a fire-placed living room, a dining room, a comfortable sitting area, a powder room and a true chef’s kitchen highlighted by a dramatic center island.  Stainless appliances and granite counters throughout.  Off the main living area there is a large mahogany deck with delightful water views and  views of the great Katama Plains.  Hardwood and tile floors as well as an impressive trim package help to compliment the homes generous spaces.  The private master bedroom suite is housed in the entire third floor with private viewing deck, fireplace and cathedral ceiling.  In the master bath you will find double sinks, an open shower and jetted tub.  There are two additional bedrooms on the first floor which share a unique Jack and Jill bath with a common shower and individual sinks and toilets. The first floor is further complimented by a sitting room/den that is currently used as a bedroom and an additional full bath. In addition there is delightful family room that overlooks the back yard and pool area.  The family room has a cathedral ceiling with skylights and walls of sliding glass doors to lead out to the deck, hot tub and outdoor shower as well as the very private backyard.  The family room has a kitchen for casual entertaining. Heated 20’ X 40’ Gunite Pebble Tec pool is a great spot to refresh after the beach or any time of day.  The lower level which is accessed by two convenient stairways, it as TV area and sleeping area for overflow guests.  The home has central air conditioning for warmer summer days or lovely windows to open and enjoy the cool ocean breezes.  In addition there is a new whole house dehumidifier. The home has a two car garage which was recently enlarged for added storage.  The current assessed value does not reflect the multiple renovation projects recently completed at the home.  This delightful property is a pleasure to show and comes with an impressive rental history, over $125,000 for summer 2014 and summer 2015.

Last Agent to Sell the Property

Seth Welcom

Dockside Real Estate Listed on: 03/30/2015

Last Buyer's Agent

Stephanie Roache

Donnelly + Co

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,499

Year Built

1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 724
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Possible Use: 73
  • Appliances: Stove: 2 stoves, Washer: yes
  • Has Basement: Full basement - partially finished with tongue and groove natural fir wood walls.  It is a great space for children to have play time and enjoy a game while watching TV.  There is a sleeping area as well for overflow guests.
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 2
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Two bedrooms with a shared bath plus an additional sitting room or den.  In addition there is a full bath off the hall., Floor 2: Impressive open living area with the chef's kitchen and walls of glass to enjoy the lovely views., Floor 3: The private master bedroom encompasses the entire third floor.  Dramatic cathedral ceiling and gas fireplace for cool evenings.  A delightful deck allows quiet space at the end of the day. View of ocean in the distance with great up close view of Katama plains.
  • Main Level Bedrooms: 2
  • Total Bedrooms: 9

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete
  • Other Structures: Newer 10 x 12 foot shed for bikes and pool equipment storage as well as for patio chairs.

Garage/Parking

  • Parking Features: Off Street, 2 car extra long garage

Utilities

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

Lot Info

  • Lot Size Sq Ft: 23522
  • Land Lease Expiration Date: 2016-03-30
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5243
  • Tax Lot: 43
  • Tax Map Number: 45
  • Tax Other Annual Assessment Amount: 793900
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 1, 2015
Sold by
Wmmv Real Estate Llc
Bought by
Lonergan Paul and Tallon Anne
Seller's Agent
Seth Welcom
Dockside Real Estate
Buyer's Agent
Stephanie Roache
Donnelly + Co
List Price
$1,999,000
Sold Price
$1,981,250
Premium/Discount to List
-$17,750
-0.89%
Current Estimated Value
$4,235,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,254,249
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,750,000
Outstanding Balance
$1,378,327
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,834,430

Purchase Details

Closed on
Mar 9, 2012
Sold by
Wiener Matthew B and Wiener Jennifer
Bought by
Wmmv Real Estate Llc

Purchase Details

Closed on
Sep 30, 2010
Sold by
Kopf James A and Weitz Karen
Bought by
Wiener Matthew B and Wiener Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2002
Sold by
Mayhew Michael A and Mayhew Mary Ann
Bought by
Kopf James A and Weitz Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1996
Sold by
Rutkiewicz Walter
Bought by
Mayhew Michael A and Mayhew Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lonergan Paul $1,981,250 --
Wmmv Real Estate Llc -- --
Wiener Matthew B $1,840,000 --
Kopf James A $780,000 --
Mayhew Michael A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lonergan Paul $1,750,000
Previous Owner Wmmv Real Estate Llc $1,300,000
Previous Owner Wiener Matthew B $950,000
Previous Owner Kopf James A $445,000
Previous Owner Kopf James A $100,000
Previous Owner Kopf James A $200,000
Previous Owner Kopf James A $300,000
Previous Owner Mayhew Michael A $342,500
Previous Owner Mayhew Michael A $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $1,981,250 -0.9% $521 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $1,999,000 -- $526 / 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 $9,499 $3,584,500 $1,116,000 $2,468,500
2024 $8,201 $3,216,100 $1,116,000 $2,100,100
2023 $7,762 $3,080,100 $1,063,400 $2,016,700
2022 $7,260 $2,396,007 $966,707 $1,429,300
2021 $7,859 $2,395,948 $966,648 $1,429,300
2020 $7,355 $2,195,425 $1,054,525 $1,140,900
2019 $7,750 $2,002,500 $966,600 $1,035,900
2018 $7,101 $1,834,800 $913,900 $920,900
2017 $6,370 $1,794,500 $913,900 $880,600
2016 $6,480 $1,790,000 $800,900 $989,100
2015 $5,246 $1,511,700 $793,900 $717,800
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 28181

APN: EDGA-000045-000016-000043