16 Mercier Way Edgartown, MA 02539
Edgartown NeighborhoodEstimated Value: $2,728,000 - $2,937,443
3
Beds
3
Baths
3,168
Sq Ft
$883/Sq Ft
Est. Value
About This Home
As of March 2020HEART OF KATAMA - Located on Mercier Way, this south-facing expanded cape is full of warmth and comfort. Enter through a light filled sunroom, which leads to and open and airy first floor comprised of an update kitchen, DR and large LR with gas fireplace. HW throughout, the master bedroom with ensuite bathroom along with a separate powder room complete the first floor. The center staircase with hand-painted murals lead to the second floor with 2 large bedrooms that share a bath. Additionally, there is a bonus room with plenty of storage. The attached, over sized 2-garage with space above is waiting to be finished, just bring your vision and creativity. The .50 acre lot is well maintained and offers a large deck, irrigation and outdoor shower all equidistant to Edgartown and South Beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,305
Year Built
- Built in 1996
Lot Details
- Property is zoned R-20
Parking
- 2 Car Garage
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
- Private Sewer
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2020
Closed on
Mar 19, 2020
Sold by
Stanton Rt
Bought by
Mani Ramamurthy and Balasubramanian Raji
Seller's Agent
Stacy Ickes
Donnelly + Co.
Buyer's Agent
Stacy Ickes
Donnelly + Co.
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,397,111
Avg. Annual Appreciation
14.41%
Original Mortgage
$1,050,000
Outstanding Balance
$940,193
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,856,918
Purchase Details
Closed on
Dec 29, 2011
Sold by
Bettencourt Judith A
Bought by
Stanton Rt and Stanton Richard J
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Similar Homes in Edgartown, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mani Ramamurthy | $1,400,000 | None Available | |
| Stanton Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mani Ramamurthy | $1,050,000 | |
| Previous Owner | Stanton Richard J | $153,000 | |
| Previous Owner | Stanton Richard J | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2020 03/25/20 | Sold | $1,400,000 | 0.0% | $442 / Sq Ft |
| 03/25/2020 03/25/20 | Sold | $1,400,000 | -6.6% | $442 / Sq Ft |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 01/05/2020 01/05/20 | For Sale | $1,499,000 | 0.0% | $473 / Sq Ft |
| 12/13/2019 12/13/19 | Price Changed | $1,499,000 | -3.3% | $473 / Sq Ft |
| 11/14/2019 11/14/19 | Price Changed | $1,550,000 | -2.8% | $489 / Sq Ft |
| 09/04/2019 09/04/19 | Price Changed | $1,595,000 | -8.9% | $503 / Sq Ft |
| 01/05/2019 01/05/19 | For Sale | $1,750,000 | -- | $552 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,305 | $1,688,200 | $570,600 | $1,117,600 |
| 2023 | $4,283 | $1,699,700 | $588,900 | $1,110,800 |
| 2022 | $3,897 | $1,286,300 | $588,900 | $697,400 |
| 2021 | $3,743 | $1,141,100 | $508,000 | $633,100 |
| 2020 | $3,703 | $1,105,400 | $466,800 | $638,600 |
| 2019 | $4,225 | $1,091,700 | $453,100 | $638,600 |
| 2018 | $3,537 | $951,000 | $411,900 | $539,100 |
| 2017 | $3,373 | $950,100 | $439,300 | $510,800 |
| 2016 | $3,088 | $853,100 | $398,200 | $454,900 |
| 2015 | $3,024 | $871,500 | $398,000 | $473,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stacy Ickes
Seller's Agent in 2020
Stacy Ickes
Donnelly + Co.
(508) 367-4886
20 in this area
29 Total Sales
-
N
Buyer's Agent in 2020
Non Member
mv.unknownoffice
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72604921
APN: EDGA-000036-000090-000001
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