NOT LISTED FOR SALE

32 Cottage St Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $4,176,000 - $4,923,000

4 Beds
3 Baths
2,200 Sq Ft
$2,072/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $2,750,000 $1,250 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $25,708/month

36 Days on Market

About This Home

As of February 2021

Wonderful, desired location on the corner of Cottage and Fuller St! One block off North Water St, 3/10 of a mile to Fuller St. Beach and close to Lighthouse Beach and all that is downtown Edgartown. Classic, late 19th Century Edgartown Fishing Captains "Farmhouse" is finished with glowing maple floors, butler pantry, "period" radiators for the hot water heat and a covered front porch. Large windows keep the home sunny all day. Plenty of space on the 8800 sq. ft. lot for expansion of the home and to add a pool.

Last Agent to Sell the Property

Doug Reece

On-Island Realty Listed on: 11/05/2020

Last Buyer's Agent

Valerie Hart

Compass | Point B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,704

Year Built

  • 1890

Lot Details

  • 8,884 Sq Ft Lot
  • Property is zoned R5

Home Design

  • 2,200 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 263.1
  • $1,506,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,704

Year Built

1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 743
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Stove: yes elec, Washer: yes- 1 year old Electrolux front loader
  • Has Basement: Full. Good storage
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 0
  • Interior Amenities: Floor 1: Enter from covered front porch into welcoming foyer with living room to the right, office to left and dining area straight ahead. The dining area has a butlers pantry and accesses the kitchen that is located on the rear of the home. There is also a bedroom with access to side deck and a full recently remodeled bath with laundry. 9 ft. ceilings on main level, Floor 2: Graceful staircase off entry foyer to 2nd floor. 3 bedrooms, one en-suite and office area. Hallway bath is also accessed privately by one bedroom., Floor 3: none. Pull down staircase to attic for storage
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Foundation Details: brick/stone
  • Other Structures: detached 1 car garage

Garage/Parking

  • Parking Features: 3-4

Utilities

  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 8884
  • Land Lease Expiration Date: 2022-01-01
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 8704
  • Tax Lot: 263.1
  • Tax Map Number: 20D
  • Tax Other Annual Assessment Amount: 1506400
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Feb 16, 2021
Sold by
Steele Margaret R
Bought by
Stewart Susan S
Seller's Agent
Doug Reece
On-Island Realty
Buyer's Agent
Valerie Hart
Compass | Point B
List Price
$3,000,000
Sold Price
$2,750,000
Premium/Discount to List
-$250,000
-8.33%
Current Estimated Value
$4,558,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,808,988
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Jan 19, 2018
Sold by
Steele Margaret R
Bought by
Balay John M and Balay Elizabeth B

Purchase Details

Closed on
Mar 26, 1975
Bought by
Steele Margaret R
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
Stewart Susan S $2,750,000 None Available
Balay John M $75,000 --
Steele Margaret R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Margaret R $460,000
Previous Owner Steele Margaret R $200,000
Previous Owner Steele Margaret R $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $2,750,000 -8.3% $1,250 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $3,000,000 +3900.0% $1,364 / Sq Ft
01/19/2018 01/19/18 For Sale $75,000 0.0% $34 / Sq Ft
01/19/2016 01/19/16 Sold $75,000 -- $34 / Sq Ft
Source: LINK (Vineyard)

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 $10,402 $3,925,100 $1,739,900 $2,185,200
2024 $9,712 $3,808,700 $1,739,900 $2,068,800
2023 $7,233 $2,870,400 $1,767,500 $1,102,900
2022 $8,417 $2,777,900 $1,891,800 $886,100
2021 $8,412 $2,564,700 $1,581,800 $982,900
2020 $8,339 $2,489,300 $1,506,400 $982,900
2019 $9,433 $2,437,500 $1,551,400 $886,100
2018 $7,630 $2,183,400 $1,369,100 $814,300
2017 $7,453 $2,099,500 $1,369,100 $730,400
2016 $7,595 $2,098,200 $1,369,100 $729,100
2015 $7,080 $2,040,400 $1,342,400 $698,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Doug Reece

    On-Island Realty

  • V

    Buyer's Agent in 2021

    Valerie Hart

    Compass | Point B

  • N

    Seller's Agent in 2018

    Non Member

    mv.unknownoffice

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 37491

APN: EDGA-000020D-000263-000001

Massachusetts Dukes County Edgartown 02539 Edgartown

32 Cottage St, Edgartown, MA

This home is located at 32 Cottage St, Edgartown, MA 02539 since 05 November 2020 and is currently estimated at $4,558,988, approximately $2,072 per square foot. This property was built in 1890. 32 Cottage St is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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