NOT LISTED FOR SALE

Estimated Value: $838,081

2 Beds
1.5 Baths
1,173 Sq Ft
1950 Built

Last Sold July 12, 2022

Last sale price $765,000 $652 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,620/month

8 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Forced Air Heating System
  • No HOA

About This Home

As of July 2022

EDGARTOWN VILLAGE - Enjoy it all - time on Martha's Vineyard, the beaches, shops and restaurants in the historic heart of Edgartown Village, AND the option of rental income without the effort and expense of home ownership. Unit 19 is a unique, 1,173 s/f condo-hotel unit that lives like a Village apartment, privately sited in a brick house with a separate driveway and access to front and back yard spaces, plus a spacious open floorplan with high ceilings and wood floors in the large living room. Impeccably maintained with regular updates and renovations, A/C in the two bedrooms and living room plus a tasteful beachy decor - sleeps eight as configured, offered fully furnished for a turnkey purchase. Edgartown Commons operates as a fully managed condo-hotel property, open May thru October, with on-site property manager, housekeeping, and maintenance, plus a reservations team and linen service for the hotel program. Voted ''Best of the Vineyard'' and a popular rental property with kitchenettes in each unit, outdoor swimming pool with large patio, a pool house with showers and laundry, BBQ/picnic areas, and playground. Owners are not required to participate in the hotel program. Approximately $20,000 net income reported in 2021 for this unit. Fully rented until September in 2022.

Last Agent to Sell the Property

Dawn Bellante

Sandpiper Realty Inc License #448013909 Listed on: 06/21/2022

Last Buyer's Agent

Frank Markwica

Sandpiper Realty Inc License #448007652

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1950

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20D/69

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,324

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1950
  • Road Frontage Type: Public
  • Directions: Peases Point North to Mill Street, #17 is a brick house, front door is for Unit 19.
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Laminate, Wood, Tile
  • Living Area: 1173
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Parcel #: 20D/69
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 11, 2022
Sold by
Burger John R and Burger Pamela M
Bought by
Piraino Antonio R and Piraino Ashley B
Seller's Agent
Dawn Bellante
Sandpiper Realty Inc
Buyer's Agent
Frank Markwica
Sandpiper Realty Inc
List Price
$699,000
Sold Price
$765,000
Premium/Discount to List
$66,000
9.44%
Current Estimated Value
$838,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,081
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
Oct 25, 1996
Sold by
Tower Frederick J and Tower Barbara Stowe
Bought by
Burger John R and Burger Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.22%
Mortgage Type
Commercial
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
Piraino Antonio R $765,000 None Available
Burger John R $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burger John R $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $765,000 +9.4% $652 / Sq Ft
06/21/2022 06/21/22 For Sale $699,000 -- $596 / 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 $2,072 $781,800 $0 $781,800
2024 $1,862 $730,100 $0 $730,100
2023 $1,840 $730,100 $0 $730,100
2022 $1,182 $390,100 $0 $390,100
2021 $1,433 $437,000 $0 $437,000
2020 $1,189 $355,000 $0 $355,000
2019 $1,374 $355,000 $0 $355,000
2018 $1,173 $409,600 $0 $409,600
2017 $1,145 $322,400 $0 $322,400
2016 $1,167 $322,400 $0 $322,400
2015 $1,119 $322,400 $0 $322,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32200198

Martha

APN: EDGA-000020D-000069-000019