NOT LISTED FOR SALE

Estimated Value: $2,740,000 - $3,270,000

1.6 Acres
$1,885,091 Price per Acre
69,696 Sq Ft Lot

Sale Details

Date Sold: February 10, 2021

Last sale price $2,000,000

Est. 51% increase in value since last sale

Current estimated payment $16,334 / mo

3 Days on Market

About This Lot

As of February 2021

An exciting land opportunity in the heart of Katama with easy access to South Beach. Located in a well-established high-end Edgartown neighborhood, this 1.6 acre lot features unmatched privacy while offering easy access to Downtown Edgartown shops and restaurants and the Katama General Store. An ideal setting for your Martha's Vineyard home, this location can support a substantial 4-bedroom home and potential for pool. Surrounded by multi-million-dollar homes, this is a premier setting not to be missed!

Last Agent to Sell the Property

Alyssa Halisky

Wallace & Co. Sotheby's Listed on: 01/29/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,310

Lot Details

  • 1.6 Acre Lot
  • Property is zoned R60

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 120.2
  • $689,800 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$2,310

Lot Details

1.6 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 1.6
  • View: None, Res
  • Co List Office Mls Id: 741
  • reviewed: Yes
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 69696
  • Zoning: R60

Tax Info

  • Tax Annual Amount: 2310
  • Tax Lot: 120.2
  • Tax Map Number: 37
  • Tax Other Annual Assessment Amount: 689800
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 6, 2021
Sold by
32 West Street Llc
Bought by
Dunsmuir Llc
Seller's Agent
Alyssa Halisky
Wallace & Co. Sotheby's
List Price
$2,295,000
Sold Price
$2,000,000
Premium/Discount to List
-$295,000
-12.85%
Current Estimated Value
$3,016,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,146
Avg. Annual Appreciation
8.14%
Original Mortgage
$975,000
Outstanding Balance
$890,223
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,125,923

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jan 5, 2021
Sold by
West Acres T
Bought by
32 West Llc
Seller's Agent
Alyssa Halisky
Wallace & Co. Sotheby's
List Price
$2,295,000
Sold Price
$2,000,000
Premium/Discount to List
-$295,000
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$890,223
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,125,923
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Dunsmuir Llc $2,000,000 None Available
32 West Llc $1,300,000 None Available
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 Dunsmuir Llc $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $2,000,000 -12.9% --
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $2,295,000 -- --
Source: LINK (Vineyard)

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 $2,972 $1,121,600 $1,121,600 $0
2024 $2,860 $1,121,600 $1,121,600 $0
2023 $2,849 $1,130,600 $1,130,600 $0
2022 $2,423 $799,700 $799,700 $0
2021 $2,263 $689,800 $689,800 $0
2020 $2,123 $633,800 $633,800 $0
2019 $2,381 $615,200 $615,200 $0
2018 $2,248 $559,200 $559,200 $0
2017 $2,118 $596,500 $596,500 $0
2016 $1,817 $501,800 $501,800 $0
2015 $1,741 $501,800 $501,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 37784

APN: EDGA-000037-000120-000002

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