NOT LISTED FOR SALE

Estimated Value: $5,335,000 - $10,157,545

4 Beds
6 Baths
4,500 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $9,795,000 $2,177 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $45,374/month

Highlights

  • Beach Front
  • Deep Water Access
  • 1.6 Acre Lot
  • Docks
  • Private Pool
  • Colonial Architecture

About This Home

As of April 2018

Exquisite Down Harbor Waterfront Estate With Pool & Private Beach - This stunning waterfront estate, designed by architect Patrick Ahearn, sits majestically on the shores of Katama Bay in the prestigious Down Harbor neighborhood and features superlative 180-degree water views across Katama Bay to Norton Point beyond. The interior of the home is highlighted with classic coastal detailing and walls of French doors and windows to perfectly frame the magnificent views from most every room in the house. Perfectly designed for indoor-outdoor living, both floors of the house feature French doors that open out to expansive second floor decks OR to the first-floor covered portico and living area with outdoor fireplace and dining terrace with built-in grill and brick pizza oven . . . all perfectly designed for summer living and entertaining. There a large gunite swimming pool with attached spa -- and the home even has its very own observatory with telescope, perfect for watching the Vineyard's star-filled skies at night. A private path leads from the house, across a boardwalk and out to the beautiful sandy Down Harbor beach on Katama Bay where you can keep kayaks -- or put a dinghy or boat on the association dock (please inquire on details). This property embodies all the best of island living and the perfect Vineyard lifestyle.

Last Agent to Sell the Property

Wendy Harman

Point B Realty License #448009827 Listed on: 03/30/2018

Point B Realty

Last Buyer's Agent

Wendy Harman

Point B Realty License #448009827 Listed on: 03/30/2018

Point B Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,321

Year Built

  • Built in 2008

Lot Details

  • 1.6 Acre Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Fenced
  • Paved or Partially Paved Lot
  • Private Yard
  • Property is zoned R60

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Private Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deep Water Access
  • Docks
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36339

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,321

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Lot Size Acres: 1.6
  • Road Frontage Type: Dead End Street
  • Road Surface Type: Paved
  • Directions: From Katama Road, turn onto Down Harbor Road. Follow to the very end of the street where you will pass thru an open white gate with granite pillars. The house is located directly to the right.
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Total Bedrooms: 4
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Living Area: 4500
  • Stories: 2

Exterior Features

  • Exterior Features: Dock, Private Yard, Outdoor Shower
  • Fencing: Fenced
  • Pool Features: Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Bay, Ocean Front, Deep Water Access, Harbor, Beach Front
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter, Slab, Poured, Crawl Space
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle, Wood

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank, Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R60
  • Land Lease: No
  • Lot Size Sq Ft: 69696
  • Parcel #: 36339
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 21321
  • Tax Book Number: 1184

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Apr 24, 2018
Sold by
Andy & Amy Heyward Lt
Bought by
Wallach Andrew and Opici-Wallach Dina
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Wendy Harman
Compass Massachusetts, LLC
List Price
$10,950,000
Sold Price
$9,795,000
Premium/Discount to List
-$1,155,000
-10.55%
Total Days on Market
0
Current Estimated Value
$7,733,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,061,485
Avg. Annual Appreciation
-3.25%

Purchase Details

Closed on
Jun 23, 2009
Sold by
Heyward Andrew and Moynihan-Heyward Amy
Bought by
Heyward Tr Andy and Heyward Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2008
Sold by
Edgartown Rt and Sonnabend Gloria A
Bought by
Heyward Amy Moynihan and Heyward Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wallach Andrew $9,795,000 --
Heyward Tr Andy -- --
Heyward Amy Moynihan $3,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andy&Amy Heyward Lt $2,800,000
Previous Owner Andy&Amy Heyward Lt $5,000,000
Previous Owner Amy Heyward Lt $5,000,000
Previous Owner Heyward Tr Andy $4,000,000
Previous Owner Heyward Amy Moynihan $1,300,000
Previous Owner Heyward Amy Moynihan $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $9,795,000 -10.5% $2,177 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $10,950,000 -- $2,433 / Sq Ft
Source: Martha's Vineyard MLS

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 $26,026 $9,821,200 $5,019,600 $4,801,600
2024 $23,963 $9,397,300 $5,019,600 $4,377,700
2023 $23,873 $9,473,600 $5,059,400 $4,414,200
2022 $25,494 $8,413,736 $5,053,836 $3,359,900
2021 $26,734 $8,150,562 $4,425,062 $3,725,500
2020 $29,262 $8,735,004 $5,009,504 $3,725,500
2019 $24,067 $6,218,900 $4,174,600 $2,044,300
2018 $24,357 $6,293,800 $4,174,600 $2,119,200
2017 $21,322 $6,006,100 $4,057,700 $1,948,400
2016 $19,955 $5,512,500 $3,564,100 $1,948,400
2015 $18,308 $5,276,000 $3,409,200 $1,866,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21801860

Martha

APN: EDGA-000036-000339