NOT LISTED FOR SALE

31 N Summer St Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $2,723,543

2 Beds
4 Baths
4,006 Sq Ft
$680/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $1,350,000 $337 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $14,935/month

319 Days on Market

About This Home

As of March 2015

Looking for the ideal Downtown Edgartown location? Then take a look at 31 No Summer St. This traditional Salt Box style structure has 4,006 sq. ft. on 2 1/2 floors, was built in 1985. First floor contains large gallery and large separate office space. Second floor contains 3 offices, kitchenette and 2 bathrooms. Top floor apartment has two bedrooms, kitchen, bathroom and combined living/dining room. Parking in rear for 4 cars. Building includes full basement (not included in living space square footage), front porch and rear deck. Located on 0.12 acres (5,227 sq. ft.), on No Summer St. in Downtown area of Edgartown, conveniently close to Main Street, harbor, tourist attractions, shops and restaurants. Zoning allows for structure to be used as commercial office space, mixed use -- combined commercial/residential, or single family residence. Please confirm all zoning and special permit uses with Edgartown zoning by-laws and Board of Appeals.

Last Agent to Sell the Property

Perry Patterson

MV Luxury Homes LLC Listed on: 05/01/2014

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

Other

Est. Annual Taxes

$6,626

Year Built

1985

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Marina
  • Flooring: Wood, Wall to Wall Carpet
  • Insulation: Full
  • Basement: Full
  • Laundry Room: Basement

Exterior Features

  • Exterior Features: Porch, Balcony, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Mar 16, 2015
Sold by
Stobart John
Bought by
Imprimis Llc
Seller's Agent
Perry Patterson
MV Luxury Homes LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$1,950,000
Sold Price
$1,350,000
Premium/Discount to List
-$600,000
-30.77%
Current Estimated Value
$2,723,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,373,543
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Dec 29, 2008
Sold by
Mhp Ent Inc
Bought by
Stobart John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.17%
Mortgage Type
Commercial
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
Imprimis Llc $1,350,000 --
Stobart John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stobart John $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $1,350,000 -28.8% $337 / Sq Ft
08/27/2014 08/27/14 Price Changed $1,895,000 -2.8% $473 / Sq Ft
05/01/2014 05/01/14 For Sale $1,950,000 -- $487 / 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
2025 $6,626 $2,500,300 $657,000 $1,843,300
2024 $6,376 $2,500,300 $657,000 $1,843,300
2023 $6,150 $2,440,600 $597,300 $1,843,300
2022 $5,721 $1,888,000 $397,000 $1,491,000
2021 $4,384 $1,336,500 $397,000 $939,500
2020 $4,477 $1,336,500 $397,000 $939,500
2019 $5,172 $1,336,500 $397,000 $939,500
2018 $5,172 $1,336,500 $397,000 $939,500
2017 $5,173 $1,457,300 $488,400 $968,900
2016 $5,275 $1,457,300 $488,400 $968,900
2015 $5,057 $1,457,300 $488,400 $968,900
Source: Public Records

Agents Affiliated with this Home

  • Perry Patterson

    Seller's Agent in 2015

    Perry Patterson

    MV Luxury Homes LLC

    (973) 789-1264

    15 Total Sales

    Perry Patterson
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member

    Non Member Office

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71676027

MLS Property Information Network (MLS PIN)

APN: EDGA-000020D-000347-000012

Massachusetts Dukes County Edgartown 02539 Edgartown

31 N Summer St, Edgartown, MA

This home is located at 31 N Summer St, Edgartown, MA 02539 since 01 May 2014 and is currently estimated at $2,723,543, approximately $679 per square foot. This property was built in 1985. 31 N Summer St is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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