C
Seller's Agent in 2021
Cathy Gargiulo
Ocean Park Realty Inc
2 Pradas Way Edgartown, MA 02539
Edgartown NeighborhoodEstimated Value: $1,979,000 - $2,376,412
4
Beds
3.5
Baths
2,000
Sq Ft
$1,082/Sq Ft
Est. Value
Highlights
- Views of Trees
- Deck
- Furnished
About This Home
As of September 2021Location! Location! 4 bedroom 3 bath air-conditioned home in the heart of Katama, with room for a pool! Located 1.5 miles to town and to fabulous South Beach. This ranch style home sits on a 1/2 acre corner lot. A perfect year-round home with a fantastic rental history. There is a comfortable floor plan with a large kitchen, quartz countertops, open living and dining areas with vaulted ceilings and a wood burning fireplace in the dining area. There are two master bedrooms each with en suite baths, along with two additional bedrooms. One of the master bedrooms has it's own private entrance and can be used as an in-law suite. There is also a small finished bonus space above the bedroom ideal for an office or extra storage. Rear deck off of the dining area leads to an open yard with plenty of privacy. Conveniently located near the bike path for a quick ride to town or South Beach. PLEASE NOTE: RENTERS IN PLACE UNTIL FRIDAY 6/25/21. I CAN SHOW PROPERTY ON AFTERNOON OF 6/25 AND UNTIL 3:00PM ON 6/26/21. NEW TENANT'S ARRIVE ON THE AFTERNOON OF 6/26/21.
Last Agent to Sell the Property
Cathy Gargiulo
Ocean Park Realty Inc Listed on: 06/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,179
Year Built
- Built in 1972 | Remodeled in 2012
Lot Details
- 0.5 Acre Lot
- Property is zoned R20
Parking
- Driveway
Interior Spaces
- 2,000 Sq Ft Home
- Furnished
- Views of Trees
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Deck
Utilities
- Heat Pump System
- Septic Tank
- Cable TV Available
Community Details
- Association fees include plowing, road maintenance.
Listing and Financial Details
- Tax Lot 22
- $604,700 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2021
Closed on
Sep 28, 2021
Sold by
Ronald R Drake 2008 Ret
Bought by
2 Pradas Way Llc
Seller's Agent
Cathy Gargiulo
Ocean Park Realty Inc
List Price
$1,740,000
Sold Price
$1,655,000
Premium/Discount to List
-$85,000
-4.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,103
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,157,000
Outstanding Balance
$1,057,363
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,161,050
Purchase Details
Closed on
Sep 2, 2011
Sold by
Downs Carolyn and Downes Carolyn
Bought by
Ronald R Drake 2008 Re
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2 Pradas Way Llc | $1,655,000 | None Available | |
| Ronald R Drake 2008 Re | $365,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2 Pradas Way Llc | $1,157,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $1,655,000 | -4.9% | $828 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $1,740,000 | -- | $870 / Sq Ft |
Source: LINK (Vineyard)
Tax History Compared to Growth
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 | $4,600 | $1,735,900 | $856,800 | $879,100 |
| 2024 | $4,084 | $1,601,700 | $856,800 | $744,900 |
| 2023 | $3,648 | $1,447,800 | $740,700 | $707,100 |
| 2022 | $3,046 | $1,005,400 | $695,300 | $310,100 |
| 2021 | $3,096 | $944,000 | $604,700 | $339,300 |
| 2020 | $2,384 | $711,500 | $467,300 | $244,200 |
| 2019 | $2,700 | $697,700 | $453,500 | $244,200 |
| 2018 | $2,388 | $623,100 | $412,300 | $210,800 |
| 2017 | $2,287 | $644,300 | $439,800 | $204,500 |
| 2016 | $2,121 | $585,900 | $398,600 | $187,300 |
| 2015 | $1,944 | $560,200 | $398,600 | $161,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: LINK (Vineyard)
MLS Number: 38347
APN: EDGA-000036-000183
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