NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $2,832,000

3 Acres
$782,004 Price per Acre
130,680 Sq Ft Lot

Last Sold May 02, 2018

Last sale price $470,000

Est. 388% increase in value since last sale

Current estimated payment $13,062/month

71 Days on Market

Highlights

  • 3 Acre Lot
  • Horse Trails
  • Level Lot
  • Wooded Lot
  • Bike Trail
  • Near Conservation Area

About This Lot

As of May 2018

ABUNDANT OPTIONS EXIST AT THIS LARGE PARCEL IN EDGARTOWN! 8 bedrooms are allowed and can include a main house, guest house, or detached bedroom. There is room for a barn, garage, and/or pool. The location is ideal, with easy access to Edgartown, Oak Bluffs and West Tisbury. Enjoy summer days at nearby Long Point Beach on the beautiful south shore. This is the perfect opportunity to build a special Island compound!

Last Agent to Sell the Property

Jennifer O'Hanlon

Point B Realty Listed on: 12/16/2017

Last Buyer's Agent

Cassie Bradley

Wallace & Co. Sotheby's International Realty License #9534325

Wallace & Co. Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,595

Lot Details

  • 3 Acre Lot
  • Dirt Road
  • Near Conservation Area
  • Level Lot
  • Wooded Lot
  • Property is zoned A12

Listing and Financial Details

  • Assessor Parcel Number 25165

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Horse Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$1,595

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 3
  • Road Surface Type: Dirt
  • Directions: From Edgartown, take the Edgartown/West Tisbury Road toward West Tisbury. Turn left at Oyster Watcha Road. As you turn in, take an immediate right onto Watcha Path. Follow to Jennie Lane on your right
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Bike Path, Horse Trail, Conservation Area, Wooded, Level
  • Waterfront: No

Condo/Co-op/Association

  • Amenities: Road Maintenance
  • Association: Yes

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: A12
  • Lot Size Sq Ft: 130680
  • Parcel #: 25165
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1595
  • Tax Book Number: 1190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2017
Closed on
May 2, 2018
Sold by
Srere David B
Bought by
Rapone Thomas J and Valle Molly K
Seller's Agent
Jennifer O'Hanlon
Point B Realty
Buyer's Agent
Cassie Bradley
Wallace & Co. Sotheby's International Realty
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$2,292,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,822,652
Avg. Annual Appreciation
27.90%
Original Mortgage
$329,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2015
Sold by
Srere Sheila M
Bought by
Srere David B

Purchase Details

Closed on
Aug 31, 2009
Sold by
Ciceroni Richard J and Ciceroni Linda J
Bought by
Srere David B and Srere Sheila M
Source: Public Records

Range of Values:

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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
Rapone Thomas J $470,000 --
Srere David B -- --
Srere David B $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapone Thomas J $1,000,000
Closed Rapone Thomas J $891,192
Closed Rapone Thomas J $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $470,000 -1.1% --
03/02/2018 03/02/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $475,000 -- --
Source: Cape Cod & Islands Association of REALTORS®

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 $6,835 $2,579,100 $363,200 $2,215,900
2024 $6,276 $2,461,100 $363,200 $2,097,900
2023 $6,229 $2,471,700 $444,600 $2,027,100
2022 $3,389 $1,118,600 $469,300 $649,300
2021 $1,401 $427,100 $427,100 $0
2020 $1,431 $427,100 $427,100 $0
2019 $1,566 $404,600 $404,600 $0
2018 $1,566 $404,600 $404,600 $0
2017 $1,596 $449,500 $449,500 $0
2016 $1,392 $384,600 $384,600 $0
2015 -- $384,600 $384,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21717547

Cape Cod & Islands Association of REALTORS®

APN: EDGA-000025-000016-000005