NOT LISTED FOR SALE

Estimated Value: $1,779,460 - $2,476,000

0.11 Acre
$18,078,318 Price per Acre
4,792 Sq Ft Lot

Last Sold January 21, 2020

Last sale price $955,000

Est. 108% increase in value since last sale

Current estimated payment $10,777/month

568 Days on Market

Highlights

  • Property is near a marina
  • Tennis Courts
  • Bike Trail
  • No HOA
  • Property is near shops

About This Lot

As of January 2020

Small but mighty location describes this vacant piece of land in the village of Edgartown. Create your dream house perched on one of the highest points of Atwood Circle. This lot can support a 4 bedroom house. It is in the historic district so would need approval by the historic district committee.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's International Realty License #9507981 Listed on: 03/15/2018

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Jennifer O'Hanlon

Wallace & Co. Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,421

Lot Details

  • 4,792 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R5

Location

  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 29B52

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail
  • Property is near a marina

Property Details

Property Type

Land

Est. Annual Taxes

$2,421

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Road Frontage Type: Public
  • Directions: South Water Street to Dunham's Corner then right onto Atwood Circle. Go right around Atwood Circle and the lot is at the south end of the circle on the left.
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Bike Path, School, Shopping, Public Tennis, Marina, In Town Location, Cleared
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R5
  • Lot Size Sq Ft: 4792
  • Parcel #: 29B52
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2421
  • Tax Book Number: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jan 21, 2020
Sold by
Rear Admiral K Wallace Nt
Bought by
Margaret G Lafley Ret
Seller's Agent
Bonnie Pierce
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Jennifer O'Hanlon
Wallace & Co. Sotheby's International Realty
List Price
$1,200,000
Sold Price
$955,000
Premium/Discount to List
-$245,000
-20.42%
Current Estimated Value
$1,988,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,033,615
Avg. Annual Appreciation
16.15%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Campbell Laura M and Nahom Laura Maria
Bought by
Rear Admiral Wallce Nt and Wallace Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.28%
Mortgage Type
Purchase Money Mortgage
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
Margaret G Lafley Ret $955,000 None Available
Rear Admiral Wallce Nt $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rear Admiral Wallce Nt $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $955,000 -20.4% --
10/05/2019 10/05/19 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,200,000 -- --
Source: Cape Cod & Islands Association of REALTORS®

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 $3,300 $1,245,100 $1,245,100 $0
2024 $3,175 $1,245,100 $1,245,100 $0
2023 $3,019 $1,197,900 $1,197,900 $0
2022 $3,483 $1,149,500 $1,149,500 $0
2021 $3,392 $1,034,000 $1,034,000 $0
2020 $3,317 $990,000 $990,000 $0
2019 $3,193 $825,000 $825,000 $0
2018 $2,471 $825,000 $825,000 $0
2017 $2,421 $682,000 $682,000 $0
2016 $2,469 $682,000 $682,000 $0
2015 $2,044 $589,000 $589,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21801514

Cape Cod & Islands Association of REALTORS®

APN: EDGA-000029B-000052