NOT LISTED FOR SALE

240 Edgewater Dr E East Falmouth, MA 02536

East Falmouth Neighborhood

Estimated Value: $1,305,000 - $1,746,000

3 Beds
2 Baths
2,128 Sq Ft
$692/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $730,000 $343 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,367/month

57 Days on Market

Highlights

  • Beach
  • Property is near a marina
  • Deck
  • Morse Pond School Rated A-
  • Clubhouse
  • Contemporary Architecture

About This Home

As of December 2014

The ultimate beach house. This contemporary 3 bedroom waterfront home was built in 2004 and has been meticulously maintained. It has generated nearly $60,000 per year in rental income for the current owners because of its impeccable condition, easy flowing open floor plan, and stunning water views. The first floor features a great room with a beautiful kitchen with granite counter tops and all high end appliances, and a living/dining area. Ir also has a full bath and a den which can be either a home office or overflow space for guests. The second floor has three large bedrooms including a spectacular master with its own waterfront deck. A laundry area and a full bath complete the second floor. A focal point of the home is the waterfront patio that is accessed from the great room. Professionally landscaped.

Last Agent to Sell the Property

Clay Group

Keller Williams Realty Listed on: 09/09/2014

Last Buyer's Agent

Warren Brodie

Kinlin Grover Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,359

Year Built

  • Built in 2004

Lot Details

  • 7,840 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Sprinkler System
  • Property is zoned RC

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Deck

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4103000K001

Community Details

Overview

  • Property has a Home Owners Association
  • Seacoast Shores Subdivision
  • Near Conservation Area

Amenities

  • Clubhouse

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,359

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Frontage Type: Public
  • Subdivision Name: Seacoast Shores
  • Directions: From Falmouth Village, take Route 28 toward Mashpee. Turn right onto Seacoast Shores Boulevard. Turn left onto Bayshore Drive. Home is at the end.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood, Tile

Exterior Features

  • Exterior Features: Yard, Underground Sprinkler, Outdoor Shower
  • Fencing: Fenced Yard
  • Lot Features: Conservation Area, Marina, Corner Lot, Views, South of Route 28
  • Pool Features: Community
  • Pool Private: No
  • Waterfront Features: Salt
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Approximate
  • Roof: Asphalt

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Beach, Tennis Court(s), Clubhouse
  • Association: Yes

Lot Info

  • Zoning: RC
  • Land Lease: No
  • Lot Size Sq Ft: 7840
  • Parcel #: 4103000K001
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2004

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5359
  • Tax Book Number: 18132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 4, 2014
Sold by
Devasto Robert P
Bought by
Mills Ronald W and Mills Janet L
Seller's Agent
Clay Group
Keller Williams Realty
Buyer's Agent
Warren Brodie
Kinlin Grover Real Estate
List Price
$759,000
Sold Price
$730,000
Premium/Discount to List
-$29,000
-3.82%
Current Estimated Value
$1,472,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,995
Avg. Annual Appreciation
6.58%
Original Mortgage
$584,000
Outstanding Balance
$452,508
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,020,487

Purchase Details

Closed on
Jan 16, 2004
Sold by
Dinges Thomas L and Dinges Regina L
Bought by
Devasto Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mills Ronald W $730,000 --
Mills Ronald W $730,000 --
Devasto Robert P $460,000 --
Devasto Robert P $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Ronald W $584,000
Closed Devasto Robert P $584,000
Previous Owner Devasto Robert P $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $730,000 -3.8% $343 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $759,000 -- $357 / Sq Ft
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 $7,420 $1,264,100 $594,300 $669,800
2024 $6,681 $1,063,900 $516,800 $547,100
2023 $6,330 $914,700 $491,000 $423,700
2022 $6,445 $800,600 $437,800 $362,800
2021 $6,539 $769,300 $437,800 $331,500
2020 $6,266 $729,500 $398,000 $331,500
2019 $6,218 $726,400 $398,000 $328,400
2018 $6,080 $707,000 $398,000 $309,000
2017 $5,980 $701,100 $398,000 $303,100
2016 $5,868 $701,100 $398,000 $303,100
2015 $5,742 $701,100 $398,000 $303,100
2014 $5,433 $666,600 $375,900 $290,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Clay Group

    Keller Williams Realty

  • W

    Buyer's Agent in 2014

    Warren Brodie

    Kinlin Grover Real Estate

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21408300

Cape Cod & Islands Association of REALTORS®

APN: FALM-000041-000003-K000000-000001

Massachusetts Barnstable County Falmouth 02536 East Falmouth

240 Edgewater Dr E, Falmouth, MA

Not Listed for Sale

Detached

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