NOT LISTED FOR SALE

Estimated Value: $2,617,000 - $3,089,000

4 Beds
4.5 Baths
2,390 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $1,525,000 $638 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $16,244/month

87 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Quartz Countertops
  • Tennis Courts
  • 3 Car Attached Garage

About This Home

As of July 2020

Tucked away on a quiet lane, this luxury home offers privacy, yet the convenience of being just a short stroll to downtown. Easy biking distance to Edgartown Harbor, and all of the beaches. In the last 5 years, this property has had a very impressive rental history earning over $100K per year, with many of the same renters year to year. Quality workmanship with attention to every detail. High-end appliances and HVAC systems including a heated garage and basement. Custom vanities in all baths with Quartz tops. There are several dining establishments only a 5-minute walk from this property the location lets you relax and enjoy. Some renters comment, ''Superb Location, ''Can't wait to come back'', ''top-notch property'', ''Wonderful vacation home'', ''beautifully appointed home''. Live in this property year-round, rent for income production or a combination of both.

Last Agent to Sell the Property

Joe Barkett

Point B Realty License #448002125 Listed on: 03/24/2020

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Garden
  • Property is zoned R5

Home Design

  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • <<builtInRangeToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Linen Closet
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Location

  • Property is near a golf course

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20C99

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,045

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: From Upper Main Street turn onto Chase Rd. take a left at the curve and 4 Bernard Way is the 1st house on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Stove Hood, Refrigerator, Gas Range, Microwave, Freezer, Dryer - Electric, Dishwasher, Propane Gas Water Heater, Tankless Water Heater, Wine Cooler
  • Basement: Bulkhead Access, Interior Entry, Finished, Full
  • Total Bedrooms: 4
  • Interior Amenities: Recessed Lighting, Linen Closet
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Living Room: Gas
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2390
  • Stories: 2
  • Room Bedroom3 Features: Closet, Recessed Lighting, Private Full Bath, HU High Speed Internet
  • Dining Room Features: Dining Room, Recessed Lighting, HU High Speed Internet, HU Cable TV
  • Kitchen Description: Countertops: Other,Stove: Gas,Floor: Wood
  • Bedroom 2 Description: Countertops: Quartz,Floor: Wood
  • Room Bedroom4 Features: Bedroom 4, Recessed Lighting, Private Full Bath, Closet
  • Master Bedroom Master Bedroom Level: Second
  • Primary Bedroom Description: Countertops: Quartz,Floor: Wood
  • Bedroom 3 Description: Countertops: Quartz
  • Room Bedroom2 Features: Bedroom 2, Private Full Bath, Recessed Lighting, HU Cable TV, Closet, Built-in Features
  • Master Bedroom Features: Built-in Features, Recessed Lighting, Walk-In Closet(s), Shared Full Bath, Private Full Bath, Primary Bedroom, HU High Speed Internet, Closet, Ceiling Fan(s)
  • Room Kitchen Features: Breakfast Bar, Recessed Lighting, Kitchen, Kitchen Island, Built-in Features
  • Living Room Features: HU Cable TV, Recessed Lighting, Living Room, HU High Speed Internet
  • Bedroom 4 Description: Countertops: Quartz

Exterior Features

  • Exterior Features: Underground Sprinkler, Outdoor Shower, Garden
  • Fencing: Fenced, Fenced/Enclosed
  • Lot Features: Bike Path, School, Shopping, Public Tennis, Medical Facility, Near Golf Course, Harbor, Conservation Area, Cleared, Level
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Porch, Patio
  • Roof: Asphalt, Pitched

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Heated Garage, Garage Door Opener, Off Street, Stone/Gravel
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Fixed Wall System
  • Heating: Forced Air, Radiant
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 7405
  • Parcel #: 20C99
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4045
  • Tax Book Number: 1358-948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jul 9, 2020
Sold by
Morrison Walter A and Morrison Maggie B
Bought by
Lazar Eric and Lazar Amy
Seller's Agent
Joe Barkett
Point B Realty
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$1,656,000
Sold Price
$1,525,000
Premium/Discount to List
-$131,000
-7.91%
Current Estimated Value
$2,860,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,335,343
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
Mar 13, 2008
Closed on
Oct 6, 2014
Sold by
Day Charles A
Bought by
Morrison Walter A and Morrison Maggie B
Seller's Agent
Fred Mascolo
Jane Brown Assoc.
List Price
$369,000
Sold Price
$260,000
Premium/Discount to List
-$109,000
-29.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.95%
Original Mortgage
$156,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2001
Sold by
Spencer Ruth
Bought by
Day Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.88%
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
Lazar Eric $1,525,000 None Available
Morrison Walter A $260,000 --
Day Charles A -- --
Day Charles A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Walter A $200,000
Previous Owner Morrison Walter A $448,000
Previous Owner Morrison Walter A $156,000
Previous Owner Day Charles A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $1,525,000 -7.9% $638 / Sq Ft
03/24/2020 03/24/20 For Sale $1,656,000 +536.9% $693 / Sq Ft
10/06/2014 10/06/14 Sold $260,000 -29.5% --
08/11/2014 08/11/14 Pending -- -- --
03/13/2008 03/13/08 For Sale $369,000 -- --
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 $5,364 $2,024,000 $720,700 $1,303,300
2024 $4,654 $1,825,200 $720,700 $1,104,500
2023 $4,479 $1,777,400 $726,000 $1,051,400
2022 $4,171 $1,376,600 $514,800 $861,800
2021 $3,704 $1,129,200 $444,000 $685,200
2020 $3,542 $1,057,300 $408,000 $649,300
2019 $4,045 $1,045,300 $396,000 $649,300
2018 $1,942 $885,500 $352,500 $533,000
2017 $1,764 $496,800 $376,000 $120,800
2016 $1,234 $340,800 $340,800 $0
2015 $1,044 $300,900 $300,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32000141

Martha

APN: EDGA-000020C-000099