NOT LISTED FOR SALE

Estimated Value: $2,544,000 - $3,220,000

3 Beds
1.5 Baths
1,008 Sq Ft
$2,880/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $2,345,000 $2,326 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $16,667/month

64 Days on Market

Highlights

  • Private Pool
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • No HOA
  • Garage
  • Carpet

About This Home

As of January 2022

Rare Opportunity To Own In Down Harbor Estates - Located on a full one-acre parcel in the highly-coveted Down Harbor enclave, this 1970's beach house offers the opportunity to enjoy all of the unique and desirable Down Harbor lifestyle amenities. Located approximately one mile from Edgartown Village and two miles from South Beach, the Down Harbor neighborhood includes access to a stunning private association beach and dinghy dock on Katama Bay PLUS the possibility to secure a slip on the association dock (awarded by lottery). This property has the added benefit of access from Guernsey Way as well as from Kent Harbor Road and a short stroll down a nearby path takes you to the Katama Bay beach and dock area. This classically styled 1970's contemporary can be enjoyed as-is as a casual island getaway, transformed into a modern-chic beach retreat -- or used as a residence while you make plans to build your signature custom home. This lot will support up to SIX BEDROOMS per the Edgartown Board of Health. Properties in Down Harbor rarely become available and this opportunity is not to be missed. NOTE: Estate rules apply.

Last Agent to Sell the Property

Wendy Harman

Point B Realty License #448009827 Listed on: 10/08/2021

Point B Realty

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,279

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Property is zoned R60

Parking

  • Garage

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Private Pool

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36315

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,279

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1973
  • Lot Size Acres: 1
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Directions: Heading south on Katama Road, turn left into Down Harbor entrance. Take the first left onto Kent Harbor Road. The property is located halfway down the road on the lefthand side.
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1008
  • Stories: 2

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Private Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R60
  • Land Lease: No
  • Lot Size Sq Ft: 43560
  • Parcel #: 36315
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4279
  • Tax Book Number: 0771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 28, 2022
Sold by
Brandt Joanne B Est
Bought by
Ingalls Jonathan D and Ingalls Kelly A
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$2,395,000
Sold Price
$2,345,000
Premium/Discount to List
-$50,000
-2.09%
Current Estimated Value
$2,903,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,262
Avg. Annual Appreciation
5.80%
Original Mortgage
$1,758,750
Outstanding Balance
$1,639,444
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,199,159
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
Ingalls Jonathan D $2,345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingalls Jonathan D $1,758,750
Previous Owner Brandt Robert C $50,000
Previous Owner Brandt Robert C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $2,345,000 -2.1% $2,326 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $2,395,000 -- $2,376 / 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 $5,927 $2,236,700 $1,554,600 $682,100
2024 $5,436 $2,131,700 $1,554,600 $577,100
2023 $5,109 $2,027,200 $1,500,100 $527,100
2022 $5,631 $1,858,500 $1,480,800 $377,700
2021 $4,279 $1,304,600 $926,900 $377,700
2020 $4,519 $1,348,900 $1,049,400 $299,500
2019 $4,433 $1,145,500 $874,500 $271,000
2018 $3,968 $1,076,300 $874,500 $201,800
2017 $3,805 $1,071,700 $850,000 $221,700
2016 $3,571 $986,600 $736,400 $250,200
2015 $3,065 $883,300 $704,400 $178,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32100438

Martha

APN: EDGA-000036-000315