NOT LISTED FOR SALE

Estimated Value: $4,767,000

4.14 Acres
$1,151,449 Price per Acre
180,338 Sq Ft Lot

Sale Details

Date Sold: February 13, 2020

Last sale price $11,250,000

Current estimated payment $33,186 / mo

14 Days on Market

About This Lot

As of February 2020

This 4.14-acre parcel of land is one of the finest on the Edgartown waterfront and offers the opportunity to create an unparalleled family compound. The lot is nicely contoured and the building envelope sits up high, with expansive and unobstructed water views of Katama Bay. The lot will accommodate as many as 10 bedrooms, a guesthouse and any number of accessory structures. There is over 320 ft. of shoreline and a new deep-water pier in place. The newly created Bayside Association offers 5 spectacular waterfront lots with 25 acres of common land creating complete privacy, beautiful open fields and a range of unique potential amenities. From the moment that one drives through the gates, there is a special feeling to this property. The pristine setting is breathtaking and the careful planning of this association assures that this address will become one of the best the island offers.

Last Agent to Sell the Property

Gerrett Conover

Landvest MV Listed on: 10/29/2019

Last Buyer's Agent

Gerrett Conover

Landvest MV Listed on: 10/29/2019

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,494

Lot Details

  • 4.14 Acre Lot
  • Waterfront
  • Property is zoned R60

Utilities

  • Septic Tank

Listing and Financial Details

  • Tax Lot 159.13
  • $7,652,900 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$30,494

Lot Details

4.14 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: Waterfront
  • LotSizeAcres: 4.14
  • View: Hbr, Res
  • Co List Office Mls Id: 786
  • reviewed: Yes
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 180338
  • Zoning: R60

Tax Info

  • Tax Annual Amount: 30493.61
  • Tax Lot: 159.13
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 7652900
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 4, 2020
Sold by
Bought by
Seller's Agent
Gerrett Conover
Landvest MV
Buyer's Agent
Gerrett Conover
Landvest MV
List Price
$12,750,000
Sold Price
$11,250,000
Premium/Discount to List
-$1,500,000
-11.76%
Current Estimated Value
$4,767,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,483,000
Avg. Annual Appreciation
-12.43%

Purchase Details

Closed on
Aug 22, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$11,250,000 None Available
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $18,900,000
Previous Owner $4,000,000
Closed $2,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $11,250,000 -11.8% --
11/12/2019 11/12/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $12,750,000 -- --
Source: LINK (Vineyard)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $83,834 $31,635,600 $11,463,800 $20,171,800
2024 $76,067 $29,830,000 $11,463,800 $18,366,200
2023 $47,281 $18,762,300 $11,100,500 $7,661,800
2022 $32,586 $10,754,390 $10,754,390 $0
2021 $35,560 $10,841,449 $10,841,449 $0
2020 $36,319 $10,841,449 $10,841,449 $0
2019 $29,617 $7,652,900 $7,652,900 $0
2018 $28,099 $7,652,900 $7,652,900 $0
2017 $27,168 $7,652,900 $7,652,900 $0
2016 $26,677 $7,369,200 $7,369,200 $0
2015 $25,253 $7,277,500 $7,277,500 $0
Source: Public Records

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Map

Source: LINK (Vineyard)

MLS Number: 36038

APN: EDGA-000036-000159-000013

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