$1,400,000
SOLD MAR 25, 2020
3 Beds
2.5 Baths
3,168 Sq Ft
0.49 Acres

Recently Sold

$442 Per Sq Ft

20% Below List Price

380 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Hot Water Heating System
  • Wood Flooring
  • No HOA
  • 2 Car Garage

About This Home

As of March 2020

HEART 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.

Last Agent to Sell the Property

Stacy Ickes

Point B Realty License #448011923 Listed on: 01/05/2019

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1996

Lot Details

  • 0.49 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R20

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3691

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Lot Size Acres: 0.49
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Katama Road to Mercier Way house is on left, #16
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Full
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Hardwood
  • Living Area: 3168
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Poured

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Private Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Parcel #: 3691
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4340
  • Tax Book Number: 71

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%
Current Estimated Value
$2,783,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,383,561
Avg. Annual Appreciation
13.47%
Original Mortgage
$1,050,000
Outstanding Balance
$932,188
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,851,373

Purchase Details

Closed on
Dec 29, 2011
Sold by
Bettencourt Judith A
Bought by
Stanton Rt and Stanton Richard J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $1,400,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 Purchase Money Mortgage
Previous Owner $153,000 No Value Available
Previous Owner $160,000 No Value Available
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: 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 $4,941 $1,864,400 $570,600 $1,293,800
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

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804654

Martha

APN: EDGA-000036-000090-000001