NOT LISTED FOR SALE

Estimated Value: $1,994,000 - $4,579,582

3 Beds
5 Baths
3,311 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $4,400,000 $1,329 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $21,240/month

53 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Central Heating and Cooling System
  • 1 Fireplace
  • No HOA
  • 2 Car Garage

About This Home

As of September 2023

Reimagined Island Living At Somerset - Construction is underway with a target completion date for June, 2023! This exclusive home is located in Somerset, located between Edgartown Village and South Beach and developed by Stanmar, owners of the Winnetu Resort. Each architect-designed home is designed for indoor-outdoor summer living and entertaining. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room for a pool, pool house/cabana and outdoor fire pit. Beautifully designed interiors will feature a fresh coastal style with barefoot elegance. This smartly-designed luxury residence will include 3,311-square feet of finished interior living space with an additional 532 square feet of outdoor living spaces, including a spacious covered portico and second-floor screened porch -- for a combined total of over 3,800 square feet, with 3-bedrooms, 3-full baths, and 2-half baths.

Last Agent to Sell the Property

Wendy Harman

Compass Listed on: 07/17/2023

Compass

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 2023

Lot Details

  • 0.53 Acre Lot
  • Corner Lot
  • Property is zoned R20

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,311 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M:0036 B:0101 L:5,5196494

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,131

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2023
  • Buyer Agency: 2.0%
  • Buyer Agency Type: %
  • Transaction Broker: 1.0%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bathrooms: 4
  • Living Area: 3311
  • Spa YN: No
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 1418
  • PRICE PER Sq Ft: 1328.9
  • MAIN SO: H11111

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0036 B:0101 L:5,5196494
  • Zoning: R20
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Size Sq Ft: 23138
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 891
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2131
  • Tax Book Number: 550

Multi Family

  • Basement Included Sq Ft: No

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Tramonti Bruce J $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $4,400,000 -6.3% $1,329 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $4,695,000 -- $1,418 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,803 $4,453,800 $839,100 $3,614,700
2024 $2,140 $839,100 $839,100 $0
2023 $2,131 $845,500 $845,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73137000

MLS Property Information Network (MLS PIN)

APN: EDGA M:0036 B:0101 L:5