NOT LISTED FOR SALE

Estimated Value: $2,163,000 - $2,419,000

3 Beds
2 Baths
1,962 Sq Ft
$1,164/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,335,000 $680 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $12,448/month

31 Days on Market

About This Home

As of September 2020

KATAMA, KATAMA, KATAMA!! "Rare gem spacious home in perfect condition." Owning a Beach House one mile from South Beach and two miles from the village of Edgartown makes for an amazing vacation home! Over the last few years there have been major improvements in this property: redesigned kitchen layout, incorporating banquet seating area with custom cushions and pillows, entry bench in family room as well as the new kitchen island, granite counter tops, new plumbing and lighting fixtures and appliances. The bathrooms were upgraded with new cabinetry, granite counter tops, Jacuzzi tub in master bath, tiled shower/tub enclosures and new fixtures. A new furnace was installed, new well pump, new hot water tank. In 2020 the house was re-shingled, new roof and central air were installed. The sellers have paid the $5000 fee to contribute to installation expense and obtains the right to connect to the sewer line in the future. By hooking up, you are allowed to have 6 bedrooms with a guest house or a carriage house.The house comes mostly furnished, some furniture being custom designed, and a strong rental history. There are so many possibilities for this property in one of the most sought out neighborhoods in Edgartown.

Last Agent to Sell the Property

Carol McManus

C McManus Realty Group Listed on: 05/30/2020

Last Buyer's Agent

Elaine Miller & Partners Realty, EMPR

Sandpiper Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 1997 | Remodeled in 2014

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R20

Interior Spaces

  • 1,962 Sq Ft Home
  • Partially Furnished
  • Washer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • $468,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,987

Year Built

Built in 1997 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: none, A beautifully landscaped yard with irrigation
  • LotSizeAcres: 0.5
  • View: None, Res
  • Co List Office Mls Id: 917
  • Building Area Total: 1962
  • Has Fireplace?: No
  • Effective Year Built: 2014
  • Year Built: 1997
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1997
  • Year Renovated: 2014

Interior Features

  • Appliances: Stove: Kitchen -Aide, Washer: yes
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: none
  • Flooring: Hardwood,tile, and carpet
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: As you walk in the front door, there is a more formal living room. There is a first floor master and full bath, the kitchen with a banquet sitting area You step down into a large family room with a large back deck, outside shower, and a front deck., Floor 2: Two guest bedrooms and a full bathroom.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, PubBch
  • Foundation Details: cement

Garage/Parking

  • Parking Features: Large enough for many cars

Utilities

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

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Lot: 4
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 468000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2025
Sold by
Wassink Bernhard K and Wassink Stephanie A
Bought by
Bernhard J W Wassink T J and Bernhard Wassink
Current Estimated Value
$2,282,851

Purchase Details

Listed on
May 30, 2020
Closed on
Sep 14, 2020
Sold by
Johnson Maureen P and Johnson Rudolph L
Bought by
Klein-Wassink Bernhard and Wassink Stephanie K
Seller's Agent
Carol McManus
C McManus Realty Group
Buyer's Agent
Elaine Miller & Partners Realty, EMPR
Sandpiper Realty
List Price
$1,425,000
Sold Price
$1,335,000
Premium/Discount to List
-$90,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$1,068,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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
Bernhard J W Wassink T J -- --
Bernhard J W Wassink T J -- --
Klein-Wassink Bernhard $1,335,000 None Available
Klein-Wassink Bernhard $1,335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein-Wassink Bernhard $1,068,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $1,335,000 -6.3% $680 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $1,425,000 -- $726 / 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 $4,987 $1,881,700 $571,200 $1,310,500
2024 $4,224 $1,656,400 $571,200 $1,085,200
2023 $4,061 $1,611,500 $589,500 $1,022,000
2022 $3,732 $1,231,800 $589,500 $642,300
2021 $3,320 $1,012,300 $508,500 $503,800
2020 $3,057 $912,400 $467,300 $445,100
2019 $3,478 $898,600 $453,500 $445,100
2018 $2,931 $757,400 $412,300 $345,100
2017 $2,797 $787,800 $439,800 $348,000
2016 $2,565 $708,600 $398,600 $310,000
2015 $2,503 $721,300 $398,600 $322,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 36680

APN: EDGA-000036-000004