3 Beach Plum Meadows Edgartown, MA 02539
Edgartown NeighborhoodEstimated Value: $4,874,000 - $6,978,525
4
Beds
3.5
Baths
3,718
Sq Ft
$1,639/Sq Ft
Est. Value
Highlights
- 1.51 Acre Lot
- Corner Lot
- Bike Trail
- Cape Cod Architecture
- Forced Air Heating and Cooling System
- Near Conservation Area
About This Home
As of July 2020Exciting opportunity for you to complete this newly constructed 4 bedroom Katama home. Architecturally designed custom ''Vineyard Beach House'' is ready for drywall or plaster(your choice) and your decorating ideas. Home is being sold in its current state: rough inspections complete and recently insulated. Over 3,700 sq. ft. designed to fit your lifestyle and you can work with the current builder or bring in your own builder to finish the home and meet your high expectations! Room for a pool and detached garage/studio. 1.5 acre lot is approximately 1 mile from South Beach for enjoying the sand and the surf and about the same distance to Katama Bay for shell fishing, kayaking and boating. Or get your ''over the sand permit'' and enjoy the day at Norton Point! Sea Breezes and a Salty Scent is ready for you at this Island Retreat.
Last Agent to Sell the Property
Douglas Reece
RE/MAX on Island License #448002294 Listed on: 05/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,838
Year Built
- Built in 2019
Lot Details
- 1.51 Acre Lot
- The property's road front is unimproved
- Property fronts a private road
- Near Conservation Area
- Corner Lot
- Level Lot
- Property is zoned R60
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Concrete Perimeter Foundation
Interior Spaces
- 3,718 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Fuel Tank
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 45/551
Community Details
Overview
- Association fees include road maintenance
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2020
Closed on
Jul 9, 2020
Sold by
Grant Halcott and Grant Catherine
Bought by
Lotfi Morteza and Hassanein Jinous
Seller's Agent
Douglas Reece
RE/MAX on Island
Buyer's Agent
Stacy Ickes
Donnelly + Co.
List Price
$3,000,000
Sold Price
$2,900,000
Premium/Discount to List
-$100,000
-3.33%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,192,381
Avg. Annual Appreciation
16.21%
Original Mortgage
$3,600,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Feb 14, 2018
Closed on
Feb 14, 2018
Sold by
Silberstein Thomas J and Newman Elizabeth
Bought by
Grant Halcott and Grant Catherine
Seller's Agent
Non Member
mv.unknownoffice
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.44%
Purchase Details
Closed on
Sep 21, 2004
Sold by
Richardson Barbara F and Richardson Preston T
Bought by
Newman Elizabeth and Silberstein Thomas J
Purchase Details
Closed on
Oct 21, 2002
Sold by
Wetu Land Co Llc
Bought by
Richardson Preston T and Richardson Barbara F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Edgartown, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lotfi Morteza | $2,900,000 | None Available | |
| Grant Halcott | $1,200,000 | -- | |
| Newman Elizabeth | $690,000 | -- | |
| Richardson Preston T | $152,310 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lotfi Morteza | $3,500,000 | |
| Closed | Lotfi Morteza | $3,600,000 | |
| Previous Owner | Grant Halcott | $700,000 | |
| Previous Owner | Richardson Preston T | $137,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2020 07/10/20 | Sold | $2,900,000 | -3.3% | $780 / Sq Ft |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- |
| 05/19/2020 05/19/20 | For Sale | $3,000,000 | +150.0% | $807 / Sq Ft |
| 02/14/2018 02/14/18 | Sold | $1,200,000 | 0.0% | -- |
| 02/14/2018 02/14/18 | Sold | $1,200,000 | 0.0% | -- |
| 02/14/2018 02/14/18 | For Sale | $1,200,000 | -7.3% | -- |
| 01/11/2018 01/11/18 | Pending | -- | -- | -- |
| 08/15/2017 08/15/17 | For Sale | $1,295,000 | -- | -- |
Source: Martha's Vineyard MLS
Tax History Compared to Growth
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 | $14,967 | $5,648,100 | $1,367,400 | $4,280,700 |
| 2024 | $13,832 | $5,424,300 | $1,367,400 | $4,056,900 |
| 2023 | $14,375 | $5,704,500 | $1,424,700 | $4,279,800 |
| 2022 | $6,978 | $2,303,000 | $1,343,300 | $959,700 |
| 2021 | $5,245 | $1,599,200 | $1,220,400 | $378,800 |
| 2020 | $3,717 | $1,109,500 | $1,109,500 | $0 |
| 2019 | $4,651 | $1,201,900 | $1,201,900 | $0 |
| 2018 | $3,416 | $1,201,900 | $1,201,900 | $0 |
| 2017 | $3,282 | $924,600 | $924,600 | $0 |
| 2016 | $3,105 | $857,600 | $857,600 | $0 |
| 2015 | $2,976 | $857,600 | $857,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2020
Douglas Reece
RE/MAX
-
Stacy Ickes
Buyer's Agent in 2020
Stacy Ickes
Donnelly + Co.
(508) 367-4886
20 in this area
29 Total Sales
-
N
Seller's Agent in 2018
Non Member
mv.unknownoffice
-
Lesley Heidt
Seller's Agent in 2018
Lesley Heidt
Sandpiper Realty Inc
(508) 989-2011
29 in this area
49 Total Sales
-
Courtney Marek
Seller Co-Listing Agent in 2018
Courtney Marek
Sandpiper Realty Inc
(508) 962-1808
31 in this area
47 Total Sales
-
Alan Schweikert
A
Buyer's Agent in 2018
Alan Schweikert
Ocean Park Realty, Inc.
(508) 693-4210
Map
Source: Martha's Vineyard MLS
MLS Number: 32000205
APN: EDGA-000045-000055-000001
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