NOT LISTED FOR SALE

Estimated Value: $1,338,000 - $1,381,000

2 Beds
1.5 Baths
1,126 Sq Ft
$1,209/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2022

Last sale price $920,000 $817 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,689 / mo

32 Days on Market

About This Home

As of January 2022

PRISTINE EDGARTOWN COTTAGE WITH EXPANSION POTENTIAL - Located just 2 miles from the Village, this charming cottage has maintained all of its charm, while being transformed for today's lifestyle. Ready for immediate occupancy for year round living or start booking your 2022 rentals and enjoy this smart investment. The property is one lot, but divided to appear as two separate lots (2 driveways), making the addition of a guest house non-disruptive while living in or renting the main house. With new wood floors, fresh paint and air conditioning you can start enjoying all that the property and location has to offer. The floor plan is ideal, with a large kitchen that's open to the dining room. The kitchen's east facing windows overlook the lawn and allow wonderful morning light to pour in. Entertaining is easy with the Sub Zero fridge and freezer, Miele dishwasher and gas range. The living room has ample space for several people to gather. The outdoor living space is phenomenal as well, with a deck leading to an expansive brick patio, large yard and outdoor shower. Additionally, there is a 300 square foot outbuilding, providing flexible space to spread out on this 3/4 acre property. Expansion would be a breeze here, as there is already a 5 bedroom septic system in place and town water is just a few doors down (cost estimate available upon request). There is an existing garage/guest house foundation, which is the first step in creating an income producing compound. The property is approximately .5 miles from the Sengekontacket boat launch, which is an ideal kayak and paddle board spot. For those who prefer hiking and biking over water sports, access to miles of Land Bank trails is also close by. Agent has owner interest.

Last Agent to Sell the Property

Thomas Wallace

Wallace & Co. Sotheby's Listed on: 10/17/2021

Last Buyer's Agent

Stephanie Roache

Donnelly + Co

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 1946 | Remodeled in 2021

Lot Details

  • 31,798 Sq Ft Lot
  • Property is zoned R20

Home Design

  • 1,126 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 189.1
  • $266,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 1946 | Remodeled in 2021

Lot Details

0.73 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: None, Yes, Large
  • LotSizeAcres: 0.73
  • View: None
  • Co List Office Mls Id: 741
  • Building Area Total: 1126
  • Has Fireplace?: No
  • Effective Year Built: 2021
  • Year Built: 1946
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1946
  • Year Renovated: 2021

Interior Features

  • Appliances: Stove: Gas, Samsung, Washer: Yes
  • Has Basement: Crawl space with partial basement.
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ins,MiniSplit,OSh

Exterior Features

  • Pool Private: No
  • Exterior Features: PubBch, Deck, Porch
  • Foundation Details: Crawl space with partial basement
  • Other Structures: Charming outbuilding provides additional finished space.

Garage/Parking

  • Parking Features: Ample

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 31798
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1739
  • Tax Lot: 189.1
  • Tax Map Number: 11B
  • Tax Other Annual Assessment Amount: 266300
  • Tax Year: 2021

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
Oct 17, 2021
Closed on
Jan 6, 2022
Sold by
Bought by
Seller's Agent
Thomas Wallace
Wallace & Co. Sotheby's
Buyer's Agent
Stephanie Roache
Donnelly + Co
List Price
$979,000
Sold Price
$920,000
Premium/Discount to List
-$59,000
-6.03%
Current Estimated Value
$1,361,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,625
Avg. Annual Appreciation
8.86%
Original Mortgage
$700,000
Outstanding Balance
$631,875
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$729,750

Purchase Details

Closed on
Jan 8, 2010
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
$396,825
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2004
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
$82,000
Interest Rate
5.63%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Edgartown, MA

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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
$920,000 None Available
-- --
$410,000 --
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
Open $150,000
Open $700,000
Previous Owner $475,000
Previous Owner $379,367
Previous Owner $396,825
Previous Owner $415,200
Previous Owner $415,200
Previous Owner $82,000
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
01/06/2022 01/06/22 Sold $920,000 -6.0% $817 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/17/2021 10/17/21 For Sale $979,000 -- $869 / 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 $2,456 $926,800 $341,100 $585,700
2024 $2,287 $897,000 $341,100 $555,900
2023 $1,734 $688,100 $309,800 $378,300
2022 $1,615 $533,000 $292,400 $240,600
2021 $1,739 $530,200 $266,300 $263,900
2020 $1,542 $460,200 $266,300 $193,900
2019 $1,727 $446,300 $252,400 $193,900
2018 $1,504 $410,800 $252,400 $158,400
2017 $1,443 $406,500 $280,400 $126,100
2016 $1,335 $368,800 $252,400 $116,400
2015 $1,229 $354,300 $252,400 $101,900
Source: Public Records

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Map

Source: LINK (Vineyard)

MLS Number: 38902

APN: EDGA-000011B-000189-000001

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