NOT LISTED FOR SALE

Estimated Value: $2,060,573 - $2,436,000

3 Beds
2 Baths
1,764 Sq Ft
$1,287/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,650,000 $935 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,960/month

38 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Property is near public transit
  • 1 Fireplace

About This Home

As of June 2021

The perfect Katama location on Pradas Way! Beautifully built in 1998, this inviting home greets with a spacious farmer’s porch, set privately beneath lofty pines. Inside, a traditional, yet comfortable floor plan awaits, featuring a connected kitchen, dining and living room area on the first floor. The living room has soaring ceilings and a gas fireplace. There is a first floor bedroom with adjacent full bath and laundry. Upstairs are two more bedrooms that share the second bathroom. Finish detail in the home checks all the right boxes, with hardwood floors throughout the living space and bedrooms, beadboard wainscoting, and white tile in the bathrooms. There is a full unfinished basement and the house has central air/heating. Off the dining room is the back deck, leading to a private yard with room for a pool. Bike to town or South Beach easily from this ideal Edgartown location. Excellent rental/investment potential. Look no further than this rare option in Katama.

Last Listed By

Peyton Wallace

Compass Listed on: 01/27/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,183

Year Built

  • Built in 1998

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Near Conservation Area
  • Level Lot
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Private Sewer
  • Internet Available

Community Details

  • Jogging Path
  • Bike Trail

Listing and Financial Details

  • Assessor Parcel Number M:0036 B:0162 L:,3771062

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,183

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1998
  • Buyer Agency: 2.25%
  • Buyer Agency Type: %
  • Transaction Broker: 0%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 1764
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 960.88
  • PRICE PER Sq Ft: 935.37
  • MAIN SO: H11111

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Private Road
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Public Transportation, Walk/Jog Trails, Bike Path, Conservation Area, Public School

Lot Info

  • Parcel Number: M:0036 B:0162 L:,3771062
  • Zoning: R20
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 21780
  • PAGE: 97

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3183
  • Tax Book Number: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jun 11, 2021
Sold by
Biagiotti Michael H and Biagiotti Laurie A
Bought by
501 Pradas Way Llc
Seller's Agent
Peyton Wallace
Compass
Buyer's Agent
Non Member
Non Member Office
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Total Days on Market
38
Current Estimated Value
$2,270,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,393
Avg. Annual Appreciation
6.96%
Original Mortgage
$1,484,835
Outstanding Balance
$1,364,657
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$780,272

Purchase Details

Closed on
Sep 16, 1997
Sold by
Tahen Stanley and Tahen Eva
Bought by
Kelley Stephen

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
501 Pradas Way Llc $1,650,000 None Available
Kelley Stephen $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 501 Pradas Way Llc $1,484,835
Previous Owner Biagiotti Laurie A $263,791
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,650,000 -2.7% $935 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,695,000 -- $961 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2024 $4,458 $1,748,100 $856,800 $891,300
2023 $3,998 $1,586,700 $740,700 $846,000
2022 $3,947 $1,302,700 $695,300 $607,400
2021 $3,976 $1,212,100 $604,700 $607,400
2020 $3,183 $950,100 $467,300 $482,800
2019 $3,448 $891,000 $453,500 $437,500
2018 $2,868 $775,800 $412,300 $363,500
2017 $2,812 $792,100 $439,800 $352,300
2016 $2,880 $795,500 $398,600 $396,900
2015 $2,374 $684,100 $398,600 $285,500
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72779095

MLS Property Information Network (MLS PIN)

APN: EDGA-000036-000162