NOT LISTED FOR SALE

Estimated Value: $1,676,000 - $3,012,000

3 Beds
1.5 Baths
1,006 Sq Ft
$2,564/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $882,000 $877 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $14,160/month

59 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cottage
  • Private Yard
  • Tennis Courts
  • Outdoor Shower

About This Home

As of September 2017

Location, location, location. The new Edgartown Village/Katama neighborhood. Located just beyond the new Katama General Store, a charming l930's cottage with 3 bedrooms, 1.5 baths to escape to for pure relaxation. If you are ready for a project, the .52A parcel of land runs between Katama Road and Herring Creek Road with the advantage of access either way. It also provides adequate space to convert the existing building to a guest house, build a main house and garage along with room for a pool; the ultimate Vineyard dream. There is currently a 4 bedroom septic system in place with the potential of upgrading to 5 bedrooms. Another neighborhood property is undergoing a similar renaissance. Enjoy the warm, cozy cottage as is, make plans for future expansion or get your design adrenaline going and start a new project now.

Last Agent to Sell the Property

Stephanie Roache

Sandpiper Realty Inc License #448012467 Listed on: 02/20/2017

Last Buyer's Agent

Stephanie Roache

Donnelly + Co. License #448012467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 0.52 Acre Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Property is zoned R20

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Block Foundation
  • Pitched Roof
  • Asphalt Roof
  • Clapboard

Interior Spaces

  • 1,006 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number EDGA29552

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Lot Size Acres: 0.52
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: At the Katama/Herring Creek Road fork, bear left on Katama Road. Look for 204 Katama Road on the right.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Renovated: 1999

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Walk-Out Access
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Laminate, Hardwood
  • Living Area: 1006
  • Stories: 1

Exterior Features

  • Exterior Features: Private Yard, Outdoor Shower
  • Fencing: Fenced
  • Lot Features: Bike Path, Shopping, School, Public Tennis, In Town Location, Near Golf Course, Level
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Clapboard
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt, Pitched

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Private Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Lot Size Sq Ft: 22651
  • Parcel #: EDGA29552
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1979
  • Tax Book Number: 43567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Sep 14, 2017
Sold by
Sack Steven C and Duwors-Sack Judyth M
Bought by
Tf Katama 204 Llc
Seller's Agent
Stephanie Roache
Sandpiper Realty Inc
Buyer's Agent
Stephanie Roache
Donnelly + Co.
List Price
$1,175,000
Sold Price
$882,000
Premium/Discount to List
-$293,000
-24.94%
Current Estimated Value
$2,579,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,697,348
Avg. Annual Appreciation
14.39%
Original Mortgage
$1,600,000
Outstanding Balance
$1,343,548
Interest Rate
3.93%
Mortgage Type
Unknown
Estimated Equity
$1,255,294
Source: Public Records

Range of Values:

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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
Tf Katama 204 Llc $882,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tf Katama 204 Llc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $882,000 -24.9% $877 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $1,175,000 -- $1,168 / Sq Ft
Source: Martha's Vineyard MLS

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 $5,815 $2,194,300 $572,400 $1,621,900
2024 $4,935 $1,935,400 $572,400 $1,363,000
2023 $5,018 $1,991,200 $590,800 $1,400,400
2022 $4,895 $1,615,500 $590,500 $1,025,000
2021 $5,033 $1,534,400 $509,400 $1,025,000
2020 $4,431 $1,322,800 $468,200 $854,600
2019 $2,611 $674,800 $454,300 $220,500
2018 $2,067 $534,100 $413,100 $121,000
2017 $1,932 $544,200 $440,600 $103,600
2016 $1,790 $494,600 $399,300 $95,300
2015 $1,671 $481,500 $399,300 $82,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21701216

Martha

APN: EDGA-000029-000055-000002