NOT LISTED FOR SALE

Estimated Value: $2,408,000 - $2,636,015

6 Beds
3 Baths
2,464 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $758,000 $308 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $13,577/month

80 Days on Market

About This Home

As of May 2014

The perfect holiday or year round home; this solar-oriented, custom-built Colonial home is conveniently located, just one mile to downtown Edgartown and with quick access to bike paths to the beaches! Boasting three full floors of living, this home features six sunny bedrooms. Newly finished (2013) solid-oak hardwood flooring on first floor, and custom trim and detailing throughout. Modern kitchen complete with stainless-steel refrigerator and ceramic cook-top and breakfast-counter seating. Nine foot ceilings. Open-concept living, dining and kitchen. Three full-baths with marble flooring. Kohler fixtures and faucets. Basement features laundry area, and recreation area. Fuel efficient systems: propane hot-water heater and heat. Private, outdoor deck and yard with irrigation system and outdoor shower abutting town land. Anderson "Tilt & Wash" windows, and custom trim detailing throughout. A perfect home for the large or growing family, and/or as an investment property. Very impressive rental history. This home is broker-owned, and may be subject to a 1031 exchange.

Last Agent to Sell the Property

Barbara Ronchetti

Martha's Vineyard Homes Listed on: 11/18/2013

Last Buyer's Agent

Caroline Taylor

Island Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R20

Home Design

  • 2,464 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27-3
  • $376,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Rear and side yards with irrigation system, deck.
  • LotSizeAcres: 0.5
  • View: None
  • Co List Office Mls Id: 872
  • Building Area Total: 2464
  • Has Fireplace?: No
  • Year Built: 2001
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: Cermamic/Glass, Flat-surface electric radiant cooktop, Washer: Maytag
  • Has Basement: Full basement with laundry, and bulkhead to rear yard. Potential to finish.
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Newly finished solid oak hardwood, and wall to wall carpeting
  • Interior Amenities: Ins,Irr,OSh, Floor 1: Large open living/kitchen/dining areas. Bedroom and full bath with shower, Rossa-Verona marble flooring, Kohler pedestal sink and antique, stained-glass, transom window detail., Floor 2: Four bright and sunny bedrooms with privacy.  Master suite has full bath with shower, marble tile, and Kohler pedestal sink. Common bath, with Carrara marble tile flooring and counter-top and tub/shower., Floor 3: Expansive full-floor bedroom with living area. 8 windows on three sides. Ceiling fan.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Porch
  • Foundation Details: Poured concrete, with full basement

Utilities

  • Heating: Propane
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2400
  • Tax Lot: 27-3
  • Tax Map Number: 28
  • Tax Other Annual Assessment Amount: 376600
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
May 15, 2014
Sold by
Ronchetti Barbara
Bought by
Janes M D and Janes Ingrid G
Seller's Agent
Barbara Ronchetti
Martha's Vineyard Homes
Buyer's Agent
Caroline Taylor
Island Real Estate
List Price
$789,000
Sold Price
$758,000
Premium/Discount to List
-$31,000
-3.93%
Current Estimated Value
$2,522,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,764,504
Avg. Annual Appreciation
10.87%
Original Mortgage
$560,000
Outstanding Balance
$404,570
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,117,934

Purchase Details

Closed on
Feb 8, 2001
Sold by
Cwrf Meshaket Rt and Fitzgerald Robert M
Bought by
Ronchetti Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Janes M D $758,000 --
Ronchetti Barbara $11,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janes M D $560,000
Previous Owner Ronchetti Barbara $255,000
Previous Owner Ronchetti Barbara $82,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $758,000 -3.9% $308 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $789,000 -- $320 / Sq Ft
Source: LINK (Vineyard)

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 $4,640 $1,750,800 $571,200 $1,179,600
2024 $3,962 $1,553,600 $571,200 $982,400
2023 $4,005 $1,589,200 $589,500 $999,700
2022 $3,926 $1,295,700 $589,500 $706,200
2021 $3,984 $1,214,700 $508,500 $706,200
2020 $3,340 $997,000 $467,300 $529,700
2019 $3,672 $948,900 $453,500 $495,400
2018 $3,303 $853,500 $412,300 $441,200
2017 $2,865 $807,100 $439,800 $367,300
2016 $2,669 $737,400 $398,600 $338,800
2015 $2,349 $676,900 $398,600 $278,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 22710

APN: EDGA-000028-000027-000003