NOT LISTED FOR SALE

Estimated Value: $1,904,000 - $4,527,000

3 Beds
5 Baths
4,000 Sq Ft
$868/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $3,400,000 $850 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $18,995/month

103 Days on Market

Highlights

  • Deck
  • Porch
  • Patio

About This Home

As of March 2023

NEW CONSTRUCTION, contemporary farmhouse style home with a wrap around deck and outdoor shower. This home features a first floor en-suite bedroom with a full double sink bath, a half bath off the foyer entry, an open kitchen/dining and living room area with a gas fireplace, with the rear wall sporting walls of sliding glass doors from both the dining area and living room area. There is a well designed mudroom area, a large overflow pantry and a built in bench seating area. The second floor offers two en-suite bedroom/baths, a large second floor living room area and a second floor laundry. The finished lower level/basement area offers 1,000 square feet of finished space with half bath! The plot has been designed with a future pool and detached garage in mind. The property is located in Katama, close to the Katama General Store, 1 mile from Main Street in Edgartown Village and 2 miles to South Beach. This NEW CONSTRUCTION is in truly a superlative LOCATION.

Last Agent to Sell the Property

Michele Casavant

Vineyard Village Realty Listed on: 05/28/2022

Last Buyer's Agent

Emma Kennedy

Sandpiper Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 2022

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R20

Home Design

  • 4,000 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54.11
  • $509,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,052

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Spacious and professionally landscaped
  • LotSizeAcres: 0.5
  • View: None
  • Co List Office Mls Id: 865
  • Building Area Total: 4000
  • Has Fireplace?: No
  • Year Built: 2022
  • Special Features: None

Interior Features

  • Appliances: Stove: Monogram 36"
  • Has Basement: Full poured basement with 1, 000 square feet of finished space and a half bath.
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1 Gas
  • Flooring: hardwood and tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Entry foyer, half bath, en-suite bedroom with full bath, open kitchen/dining/living room with a gas fireplace, mud room, Floor 2: Two bedroom en-suites, a large family room and laundry room
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Patio, Porch
  • Foundation Details: full/poured

Garage/Parking

  • Parking Features: plenty of off street parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 21780
  • Land Lease Expiration Date: 2023-05-14
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 54.11
  • Tax Map Number: 29
  • Tax Other Annual Assessment Amount: 509000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 1997
Sold by
Prada Simone M
Bought by
Spence Rita E
Current Estimated Value
$3,471,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage
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
Spence Rita E $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Rita E $190,000
Closed Spence Rita E $156,000
Closed Spence Rita E $66,900
Closed Spence Rita E $99,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $3,400,000 -2.9% $850 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $3,500,000 +169.2% $875 / Sq Ft
09/30/2021 09/30/21 Sold $1,300,000 -13.3% $1,144 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $1,500,000 -- $1,320 / 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 $7,052 $2,661,100 $571,800 $2,089,300
2024 $5,946 $2,331,900 $571,800 $1,760,100
2023 $2,389 $948,000 $590,200 $357,800
2022 $2,489 $821,500 $590,000 $231,500
2021 $2,507 $764,400 $509,000 $255,400
2020 $2,183 $651,600 $467,700 $183,900
2019 $2,468 $637,800 $453,900 $183,900
2018 $2,158 $578,700 $412,700 $166,000
2017 $2,068 $582,400 $440,200 $142,200
2016 $1,916 $529,300 $399,000 $130,300
2015 $1,775 $511,400 $399,000 $112,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 39585

APN: EDGA-000029-000054-000011