NOT LISTED FOR SALE

Estimated Value: $4,203,000 - $6,227,000

4 Beds
2.5 Baths
4,359 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $2,325,000 $533 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $28,633/month

19 Days on Market

Highlights

  • 2.1 Acre Lot
  • Furnished
  • Screened Porch
  • Deck

About This Home

As of May 2015

2.1 acres in the heart of Katama with a spacious and pristine 4-bedroom house ready to use this summer. A bonus: Wide Atlantic Ocean views from the third floor master bedroom suite. From this “ultimate beach house” you can hear the waves at nearby South Beach and smell the salt air. The house itself offers almost 4,500 sf of living space that takes full advantage of Katama’s big sky and sunshine. The architect designed the home to provide owners and guests their own privacy. Everyone gathers to socialize in the main level Great Room, which itself leads onto the 1,200-sf mahogany deck and screened porch overlooking the massive lawn in back (the ideal setting if you want to create a swimming pool environment with pool, poolhouse, and landscape/hardscape). There is even a separate rec room on the main level where you can close the door and get on with a game of pool or darts. The town landing is a very short distance away, where you can put in your boat or kayak to enjoy long summer days of watersports, clamming, and fishing. You’ll want to spend every day of your summer here, and because it was built with modern building codes and materials, you can enjoy it in the off-season as well. Important amenities include the 2-car garage, central AC, propane-forced heat, and professional landscaping. This property is being offered "turn key" all furnishings are included.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's Listed on: 04/02/2015

Last Buyer's Agent

Bonnie Pierce

Wallace & Co. Sotheby's Listed on: 04/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,536

Year Built

  • Built in 1994 | Remodeled in 2008

Lot Details

  • 2.1 Acre Lot
  • Property is zoned R60

Interior Spaces

  • 4,359 Sq Ft Home
  • Furnished
  • Screened Porch
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29
  • $1,225,200 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,536

Year Built

Built in 1994 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: large yard with lots of mature plantings
  • LotSizeAcres: 2.1
  • View: None
  • Co List Office Mls Id: 741
  • Building Area Total: 4359
  • Has Fireplace?: No
  • Effective Year Built: 2008
  • Year Built: 1994
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1994
  • Year Renovated: 2008

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: Partial basement that has the mechanics of the house nicely accessible. House dehumidifier and ample space for additional storage.
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: 3 floors, hardwood, carpet and tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: 3 nice size bedrooms, large full bathroom, laundry room and an open study/computer area., Floor 2: Large renovated kitchen, breakfast/casual dining area, formal dining room, living room and game room with pool table. Screened in porch to sit back and relax on a nice summer's evening., Floor 3: Large master bedroom en suite with waterviews.  Lots of closet space with a dressing area. Open area that could be used for an office.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, PubBch, ScrPorch, WViews

Garage/Parking

  • Parking Features: Lots of parking

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 91476
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 7536
  • Tax Lot: 29
  • Tax Map Number: 46
  • Tax Other Annual Assessment Amount: 1225200
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 28, 2015
Sold by
Hecht Allen D and Hecht Amy R
Bought by
Mv Properties Llc
Seller's Agent
Bonnie Pierce
Wallace & Co. Sotheby's
Buyer's Agent
Bonnie Pierce
Wallace & Co. Sotheby's
List Price
$2,550,000
Sold Price
$2,325,000
Premium/Discount to List
-$225,000
-8.82%
Current Estimated Value
$5,263,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,938,654
Avg. Annual Appreciation
8.08%
Original Mortgage
$1,860,000
Outstanding Balance
$1,453,356
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,810,298
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mv Properties Llc $2,325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mv Properties Llc $1,860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $2,325,000 -8.8% $533 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $2,550,000 -- $585 / 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 $11,012 $4,155,500 $1,477,500 $2,678,000
2024 $10,232 $4,012,700 $1,477,500 $2,535,200
2023 $9,487 $3,764,600 $1,315,100 $2,449,500
2022 $10,761 $3,551,487 $1,900,287 $1,651,200
2021 $9,796 $2,986,473 $1,154,473 $1,832,000
2020 $10,005 $2,986,473 $1,154,473 $1,832,000
2019 $10,858 $2,805,700 $1,154,500 $1,651,200
2018 $8,124 $2,784,100 $1,154,500 $1,629,600
2017 $7,992 $2,251,200 $1,154,500 $1,096,700
2016 $8,368 $2,311,600 $1,074,800 $1,236,800
2015 $7,327 $2,111,600 $1,225,200 $886,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 28122

APN: EDGA-000046-000029