NOT LISTED FOR SALE

21 Bankers Way Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $6,223,000 - $8,009,000

4 Beds
5 Baths
6,721 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $4,455,000 $663 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $40,838/month

200 Days on Market

About This Home

As of September 2020

AVAILABLE FOR OCCUPANCY 2020 Season ! Living the Active Life in Style - This impressive and impeccably designed 6,721 square foot home is situated halfway between Edgartown Village and Atlantic South Beach, within the exclusive private Field Club. Purchased by renowned interior designer, Gil Walsh, the house has undergone complete architectural upgrades and renovation in 2018. Tailored to enhance the MV coastal lifestyle and comfort. Marble countertops and top of the line appliances, Wolf, Sub-Zero and Bosch complete the chef's kitchen. A total of four bedrooms, with the Master Suite located on the first floor with french doors out to patio, Living Room displays a custom fireplace mantel and oak floors run throughout the entire house and finished lower level den/media room. The second floor includes other bedrooms plus a common family room separating the two wings. An office space is nearby. The professionally designed two car garage with studio above is accented by wooden bead board walls, brick floors and a half bath. Architectural moldings, screens and an AC/ Heat unit transforms the space additional living square footage- perfect as an office or party room for summer entertaining. Custom created trellis screening and professional landscaping adds full privacy to the heated pool and deck. A blue stone patio, window flower boxes, period lanterns bring out the beauty of this outdoor oasis. Stone steps in the rear lead direct access to the Field Club. A membership is included with this Deed of Sale. The Club amenities include nine tennis courts, racket sports, lawn games, a kids club, teen activities , and the fitness center offering classes , personal trainers,Spa services - Family pool and Adult only pool. There is a daytime Field Club Restaurant and Pool Bar providing a social resource for summer fun !

Last Agent to Sell the Property

Suzanne Lanzone

Suzanne Lanzone & Associates LLC Listed on: 02/05/2020

Last Buyer's Agent

Mark Jenkins

Wallace & Co. Sotheby's

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Sep 21, 2020
Sold by
Walsh Marigil
Bought by
Wallach Scott and Wallach Caroline
Seller's Agent
Suzanne Lanzone
Suzanne Lanzone & Associates LLC
Buyer's Agent
Mark Jenkins
Wallace & Co. Sotheby's
List Price
$4,895,000
Sold Price
$4,455,000
Premium/Discount to List
-$440,000
-8.99%
Total Days on Market
200
Current Estimated Value
$7,088,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,633,050
Avg. Annual Appreciation
10.32%

Purchase Details

Listed on
Sep 29, 2016
Closed on
Sep 29, 2016
Sold by
Hegarty Michael and Hegarty Rebecca
Bought by
Walsh Marigil
Seller's Agent
Non Member
mv.unknownoffice
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$3,500,000
Interest Rate
3.43%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 5, 2014
Closed on
Dec 5, 2014
Sold by
South Village Associat
Bought by
Hegarty Michael and Hegarty Rebecca
Seller's Agent
LINK Email Cache
LINK
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.53%

Purchase Details

Closed on
Oct 30, 2007
Sold by
Badd Co Llc
Bought by
South Village Assoc Rt and Murphy Sean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,450,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Wallach Scott $4,455,000 None Available
Walsh Marigil $3,500,000 --
Hegarty Michael $600,000 --
South Village Assoc Rt $12,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Marigil $375,000
Previous Owner Walsh Marigil $3,500,000
Previous Owner South Village Assoc Rt $7,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $4,455,000 -9.0% $663 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $4,895,000 +39.9% $728 / Sq Ft
09/29/2016 09/29/16 Sold $3,500,000 0.0% $796 / Sq Ft
09/29/2016 09/29/16 For Sale $3,500,000 +483.3% $796 / Sq Ft
12/05/2014 12/05/14 Sold $600,000 -- $136 / 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 $14,868 $5,610,700 $1,558,200 $4,052,500
2024 $13,764 $5,397,500 $1,558,200 $3,839,300
2023 $13,227 $5,248,900 $1,499,800 $3,749,100
2022 $11,705 $3,863,000 $1,438,400 $2,424,600
2021 $13,064 $3,982,800 $1,294,300 $2,688,500
2020 $13,158 $3,927,700 $1,239,200 $2,688,500
2019 $13,912 $3,594,900 $1,170,300 $2,424,600
2018 $10,989 $3,446,300 $1,170,300 $2,276,000
2017 $8,523 $2,400,900 $826,100 $1,574,800
2016 $2,293 $633,400 $633,400 $0
2015 $2,102 $605,800 $605,800 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Suzanne Lanzone

    Suzanne Lanzone & Associates LLC

  • M

    Buyer's Agent in 2020

    Mark Jenkins

    Wallace & Co. Sotheby's

  • N

    Seller's Agent in 2016

    Non Member

    mv.unknownoffice

  • L

    Seller's Agent in 2014

    LINK Email Cache

    LINK

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 36313

APN: EDGA-000036-000102-000006

Massachusetts Dukes County Edgartown 02539 Edgartown

21 Bankers Way, Edgartown, MA

This home is located at 21 Bankers Way, Edgartown, MA 02539 since 05 February 2020 and is currently estimated at $7,088,050, approximately $1,054 per square foot. This property was built in 2015. 21 Bankers Way is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

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