NOT LISTED FOR SALE

Estimated Value: $2,251,000 - $2,924,000

6 Beds
5 Baths
2,558 Sq Ft
$999/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $1,300,000 $508 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $13,714/month

78 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Paved or Partially Paved Lot
  • No HOA

About This Home

As of July 2020

Katama - This antique Farmhouse, which has been lovingly maintained, offers endless possibilities. With direct access on the bike path, the location can't be beat, and is positioned perfectly to enjoy both the beach and all the Village amenities! Currently, the six-bedroom home offers a functional and casual layout, with gracious living spaces, expansive farmers porch, and an updated kitchen. Enjoy the property as is or take advantage of the oversized lot and existing seven-bedroom septic system to create your island compound. Opportunity awaits!

Last Agent to Sell the Property

Katherine Donahue

Sandpiper Realty Inc License #448010627 Listed on: 04/30/2020

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1903

Lot Details

  • 0.61 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned R20

Interior Spaces

  • 2,558 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29A24

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,894

Year Built

Built in 1903

Lot Details

0.61 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1903
  • Lot Size Acres: 0.61
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: 166 Katama Road- last house before Katama General Store. Pre-qualification is required prior to interior access. Owners in residence, please respect their privacy.24-hour notice requested for showings
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Partial
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Living Area: 2558
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Lot Size Sq Ft: 26572
  • Parcel #: 29A24
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4894
  • Tax Book Number: 427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jul 24, 2020
Sold by
Lorray Rt
Bought by
Reaman Eric T and Crowley Christina
Seller's Agent
Katherine Donahue
Sandpiper Realty Inc
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Current Estimated Value
$2,556,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256,075
Avg. Annual Appreciation
12.78%
Original Mortgage
$1,040,000
Outstanding Balance
$922,203
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,633,872
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reaman Eric T $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reaman Eric T $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $1,300,000 -13.3% $508 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,499,000 -- $586 / Sq Ft
Source: Martha's Vineyard MLS

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 $4,973 $1,876,500 $868,900 $1,007,600
2024 $4,651 $1,823,800 $868,900 $954,900
2023 $4,413 $1,751,100 $827,700 $923,400
2022 $4,090 $1,349,700 $752,500 $597,200
2021 $4,595 $1,400,900 $752,600 $648,300
2020 $4,922 $1,469,300 $821,000 $648,300
2019 $5,179 $1,338,300 $752,600 $585,700
2018 $3,940 $1,276,200 $711,500 $564,700
2017 $3,830 $1,078,800 $520,000 $558,800
2016 $3,806 $1,051,400 $492,600 $558,800
2015 $3,564 $1,027,200 $491,600 $535,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32000187

Martha

APN: EDGA-000029A-000024

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