NOT LISTED FOR SALE

222 Upper Main St Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $3,975,951

11 Beds
11 Baths
4,103 Sq Ft
$969/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $2,000,000 $487 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $21,937 / mo

696 Days on Market

Highlights

  • Deck
  • Patio
  • 3-minute walk to Cannonball Park
  • Wood Flooring
  • Garden

About This Home

As of July 2018

INVESTORS TAKE NOTE: This Classic Colonial sits in the heart of Upper Main Street. Formerly The Arbor Inn, it has been both a single family residence and a Bed & Breakfast in it's time. This gracious home is full of history and charm. Turn in on to the red brick driveway. The Front Entrance and lawn faces Upper Main Street. The Entry Foyer opens to the Formal Dining Room and Spacious Living Room with Vaulted Ceilings. There are Four Bedrooms on the First Floor. Kitchen with expansion possibilities. Both the lovely open Stairway to the Balcony overlooking the Living room and a front Stairway off the Entry Foyer lead to the Six Bedrooms on the 2nd Floor. With 10 bedrooms in the Main House plus a private 1 Bedroom Guest Cottage and Garage previously used as an Antique shop, this property offers an abundance of living space, sleeping quarters and possible revenue streams. The Courtyard between the wings is accessed from the Dining Room and from an upstairs outdoor stairway. Wood floors throughout. A generous Backyard with mature trees and plantings for seating, gatherings and recreation. Side courtyard with seating area and Outdoor Shower. This is a substantial 1/2 acre property in the up and coming Upper Main Street commercially zoned BII district with many options for reconfiguration and future possible expansion and/or use.

Last Agent to Sell the Property

Stephanie Burke

Portfolio Properties Listed on: 08/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1938

Lot Details

  • 22,215 Sq Ft Lot
  • Garden
  • Property is zoned B2

Home Design

  • Block Foundation

Interior Spaces

  • 4,103 Sq Ft Home
  • Wood Flooring
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • $692,100 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,006

Year Built

Built in 1938

Lot Details

0.51 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Features: Spacious Yard for gardens, seating and recreation
  • LotSizeAcres: 0.51
  • Co List Office Mls Id: 768
  • Building Area Total: 4103
  • Has Fireplace?: No
  • Year Built: 1938
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: Two basements Oil Fired Hot Water Heater in East Basement Electric Hot Water Heater in West Basement
  • Full Bathrooms: 11
  • Total Bedrooms: 11
  • Fireplace Features: 1
  • Flooring: Hardwood
  • Interior Amenities: Ins,OSh, Floor 1: Entry Foyer to Formal Dining Room and Living Room with Balcony and vaulted ceilings. Four Bedrooms, Kitchen, Den/Family Room, Laundry, Full Bath and Mudroom with side entrance., Floor 2: Balcony overlooking the Living Room with 2 bedrooms with private baths in the West Wing and Four Bedrooms in the East Wing, 2 with Private Baths and 2 with shared bath.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Patio, PubBch
  • Foundation Details: Block
  • Other Structures: One Bedroom Guest Cottage with kitchenette. Garage building for a variety of uses.

Garage/Parking

  • Parking Features: On site

Utilities

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

Lot Info

  • Lot Size Sq Ft: 22215
  • Zoning: B2

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5005.65
  • Tax Lot: 27
  • Tax Map Number: 20C
  • Tax Other Annual Assessment Amount: 692100
  • Tax Year: 2018

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
Aug 9, 2016
Closed on
Jul 31, 2018
Sold by
Bought by
Seller's Agent
Stephanie Burke
Portfolio Properties
List Price
$2,900,000
Sold Price
$2,000,000
Premium/Discount to List
-$900,000
-31.03%
Current Estimated Value
$3,975,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,975,951
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Jan 9, 2001
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
$1,065,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2000
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
$1,065,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$2,000,000 --
$365,900 --
$365,900 --
$1,330,000 --
$1,330,000 --
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
Previous Owner $1,065,000
Previous Owner $135,000
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
07/31/2018 07/31/18 Sold $2,000,000 -31.0% $487 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
08/09/2016 08/09/16 For Sale $2,900,000 -- $707 / Sq Ft
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 $10,032 $3,785,700 $912,300 $2,873,400
2024 $8,544 $3,350,600 $912,300 $2,438,300
2023 $7,970 $3,162,800 $829,400 $2,333,400
2022 $5,814 $1,918,700 $837,300 $1,081,400
2021 $5,851 $1,783,900 $733,600 $1,050,300
2020 $5,644 $1,684,700 $830,500 $854,200
2019 $5,719 $1,477,800 $692,100 $785,700
2018 $5,370 $1,387,500 $692,100 $695,400
2017 $4,743 $1,336,000 $672,700 $663,300
2016 $4,860 $1,342,500 $634,900 $707,600
2015 $4,577 $1,318,900 $607,300 $711,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stephanie Burke

    Portfolio Properties

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 30734

APN: EDGA-000020C-000027

Massachusetts Dukes County Edgartown 02539 Edgartown

222 Upper Main St, Edgartown, MA

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