NOT LISTED FOR SALE

Estimated Value: $2,483,515 - $3,226,000

4 Beds
3 Baths
2,500 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $1,245,000 $498 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $15,981/month

368 Days on Market

About This Home

As of September 2013

KATAMA -  This home was recently renovated and is meticulously maintained. It is equidistant to the village and South Beach. An inviting entrance with an open kitchen, living and casual dining area allows for fun family gatherings. There is also a separate dining room with wood burning fireplace for more formal meals.  Master bedroom en suite is on the first floor along with two additional bedrooms and bathroom. The second level has two spacious bedrooms and bathroom. Full basement has half of it as a laundry room and the other half as a finished family room. Lots of outdoor space with a large back deck for relaxing and grilling and the front porch lends itself to reading in your rocking chair and enjoying the beautifully landscaped yard.  Easy bike ride to South Beach and down town Edgartown.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's Listed on: 08/17/2012

Last Buyer's Agent

Jean & John Kelleher

Kelleher R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,444

Year Built

  • 1971

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R20

Home Design

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Lot 58
  • $342,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,444

Year Built

1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 741
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Finished full basement that is a family room and laundry room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 1 - wood burning - brick
  • Interior Amenities: A,Ins,Irr,OSh, Floor 1: Open living room, casual eat-in area with kitchen, dining room with wood burning fireplace all with beautiful hardwood floors, master bedroom en suite, 2 additional bedrooms and full bathroom, Floor 2: Two large bedrooms and full bathroom
  • Main Level Bedrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Pool Private: No
  • Other Structures: Garden shed

Garage/Parking

  • Parking Features: ample parking

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 15682
  • Land Lease Expiration Date: 2013-10-15
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2444
  • Tax Lot: 58
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 342600
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Sep 26, 2013
Sold by
Boire Ronald D and Ferguson Faith A
Bought by
Hoffman Fred H and Hoffman Kathleen K
Seller's Agent
Bonnie Pierce
Wallace & Co. Sotheby's
Buyer's Agent
Jean & John Kelleher
Kelleher R.E.
List Price
$1,485,000
Sold Price
$1,245,000
Premium/Discount to List
-$240,000
-16.16%
Current Estimated Value
$2,844,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,599,629
Avg. Annual Appreciation
7.17%
Original Mortgage
$996,000
Outstanding Balance
$705,065
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,139,564

Purchase Details

Closed on
Jul 7, 2011
Sold by
Boire Ronald D
Bought by
Boire Ronald D and Ferguson Faith A

Purchase Details

Closed on
Oct 27, 2006
Sold by
Barlow Laurie and Barlow Michael
Bought by
Boire Ronald D and Boire Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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
Hoffman Fred H $1,245,000 --
Boire Ronald D -- --
Boire Ronald D $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Fred H $200,000
Closed Hoffman Fred H $60,000
Open Hoffman Fred H $996,000
Previous Owner Boire Ronald D $270,000
Previous Owner Boire Ronald D $700,000
Previous Owner Barlow Laurie $750,000
Previous Owner Barlow Laurie $175,000
Previous Owner Arnold Dennis E $100,000
Previous Owner Arnold Dennis E $105,500
Previous Owner Arnold Dennis E $50,000
Previous Owner Arnold Dennis E $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $1,245,000 -16.2% $498 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $1,485,000 -- $594 / 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 $6,128 $2,312,400 $812,100 $1,500,300
2024 $5,379 $2,109,400 $812,100 $1,297,300
2023 $5,141 $2,040,200 $818,100 $1,222,100
2022 $4,815 $1,589,000 $818,100 $770,900
2021 $4,694 $1,431,100 $716,700 $714,400
2020 $4,985 $1,488,200 $811,300 $676,900
2019 $5,236 $1,353,000 $676,100 $676,900
2018 $4,670 $1,206,600 $676,100 $530,500
2017 $4,228 $1,190,900 $657,200 $533,700
2016 $3,976 $1,098,400 $622,000 $476,400
2015 $3,768 $1,086,000 $590,500 $495,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 23682

APN: EDGA-000036-000058