NOT LISTED FOR SALE

Estimated Value: $1,978,000 - $2,524,000

5 Beds
3.5 Baths
3,265 Sq Ft
$683/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $1,223,000 $375 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,728/month

28 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 4-minute walk to Cannonball Park
  • Farmhouse Style Home
  • Hot Water Heating System

About This Home

As of November 2019

Prime commercial/B-II opportunity Upper Main Street , Edgartown. This older farmhouse with five bedroom, three and a half bath home could be renovated and transformed for business, retail or residential use. Town water and sewer in place; B-II zoning regulations apply.

Last Agent to Sell the Property

Emma Kennedy

Sandpiper Realty Inc License #448006616 Listed on: 09/30/2019

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1938

Lot Details

  • 0.3 Acre Lot
  • Property is zoned B11

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 3,265 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20A86

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,902

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1938
  • Lot Size Acres: 0.3
  • Road Frontage Type: Public
  • Directions: From Downtown follow Main Street out of town toward Stop and Shop, 230 is on the left just before China House restaurant.
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Partial
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Living Area: 3265
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: B11
  • Land Lease: No
  • Lot Size Sq Ft: 13068
  • Parcel #: 20A86
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2902
  • Tax Book Number: 254-121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 8, 2019
Sold by
Kelley Margaret V
Bought by
Mv Dream Llc
Seller's Agent
Emma Kennedy
Sandpiper Realty Inc
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$1,300,000
Sold Price
$1,223,000
Premium/Discount to List
-$77,000
-5.92%
Current Estimated Value
$2,228,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,639
Avg. Annual Appreciation
10.30%
Original Mortgage
$611,500
Outstanding Balance
$535,705
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,692,934

Purchase Details

Closed on
Aug 18, 1964
Bought by
Kelley James H and Kelley Margaret
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

Date Buyer Sale Price Title Company
Mv Dream Llc $1,223,000 --
Kelley James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mv Dream Llc $611,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $1,223,000 -5.9% $375 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $1,300,000 -- $398 / Sq Ft
Source: Martha's Vineyard MLS

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 $2,283 $861,500 $553,000 $308,500
2024 $2,075 $813,800 $553,000 $260,800
2023 $2,158 $856,500 $570,600 $285,900
2022 $2,785 $919,200 $570,600 $348,600
2021 $2,757 $840,700 $492,100 $348,600
2020 $2,641 $788,300 $452,200 $336,100
2019 $2,902 $749,900 $438,900 $311,000
2018 $2,422 $619,900 $393,000 $226,900
2017 $2,300 $648,000 $419,200 $228,800
2016 $2,055 $567,700 $379,900 $187,800
2015 $2,055 $592,200 $363,400 $228,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21805362

Martha

APN: EDGA-000020A-000086