NOT LISTED FOR SALE

4 Bernard Way Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $2,584,000 - $2,851,470

4 Beds
4.5 Baths
2,390 Sq Ft
$1,125/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2020

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

Est. 76% increase in value since last sale

Current estimated payment $14,787 / mo

90 Days on Market

Highlights

  • Pasture Views
  • Porch
  • Garden
  • Deck

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

Compass | Point B Listed on: 03/23/2020

Last Buyer's Agent

Skip Dostal

Martha's Vineyard R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Garden
  • Property is zoned R5

Interior Spaces

  • 2,390 Sq Ft Home
  • Pasture Views
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 99
  • $396,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,502

Year Built

Built in 2016

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Easements of Record, Yes professionally landscaped
  • LotSizeAcres: 0.17
  • View: None, Pasture
  • Co List Office Mls Id: 811
  • Building Area Total: 2390
  • Has Fireplace?: No
  • Year Built: 2016
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: The lower level is finished into a recreation/media room with a "split" unit for heat and a.c. There is a large living area with a couch and chairs to watch TV a ping pong table and shuffleboard. A separate area houses utilities and the bulkhead. This recreation room floor has an "acid stain" finish. A great space!
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Flooring: Knotty Wide Oak Hardwood Random Widths
  • Interior Amenities: AC,Ins,Irr,MiniSplit,OSh, Floor 1: Up the brick walkway through the covered porch you enter an open living concept. The living room has lots of windows and a gas fireplace. The flow into the Chef's kitchen with a large soapstone-topped island, storage drawers below and a built-in wine cooler. The counter, also soapstone, has a stainless steel sink, Thermador appliances 6 burner gas stove w/oven, stainless steel hood, and Bosch french door refrigerator. A dining area with sliders leading to a stone patio perfect for your outdoor living activities. The first-floor Master Bedroom has an ensuite bath with radiant heat and Carrera marble floors. French doors lead to the bluestone patio and an outdoor shower. Random Width Knotty White Oak floors throughout the 1st floor., Floor 2: Going up the classic staircase to the 2nd level there are 3 ensuite bedrooms, laundry room, and a large sitting/office area. The large loft area could be an office or quiet space to relax or get some work done. The master bedroom on this level features radiant marble floors, his/her stand-alone sinks, soaking tub and glass-enclosed shower. The other two ensuite bedrooms are all light and bright. This level has all Knotty White Oak hardwood floors.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Porch, PubBch
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7405
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3502
  • Tax Lot: 99
  • Tax Map Number: 20C
  • Tax Other Annual Assessment Amount: 396000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 9, 2020
Sold by
Morrison Walter and Morrison Maggie B
Bought by
Lazar Eric and Lazar Amy
Seller's Agent
Joe Barkett
Compass | Point B
Buyer's Agent
Skip Dostal
Martha's Vineyard R.E.
List Price
$1,656,000
Sold Price
$1,525,000
Premium/Discount to List
-$131,000
-7.91%
Current Estimated Value
$2,688,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,163,868
Avg. Annual Appreciation
10.20%

Purchase Details

Listed on
Mar 13, 2008
Closed on
Oct 6, 2014
Sold by
Day Charles
Bought by
Morrison Walter 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

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:

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

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
Lazar Eric $1,525,000 None Available
Morrison Walter $260,000 --
Day Charles -- --
Morrison Walter $260,000 --
Day Charles -- --
Day Charles $90,000 --
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
Previous Owner Morrison Walter $156,000
Previous Owner Day Charles $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $1,525,000 -7.9% $638 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $1,656,000 +536.9% $693 / Sq Ft
10/06/2014 10/06/14 Sold $260,000 -29.5% -- View Prior Sale
08/11/2014 08/11/14 Pending -- -- --
03/13/2008 03/13/08 For Sale $369,000 -- --
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 $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

  • J

    Seller's Agent in 2020

    Joe Barkett

    Compass | Point B

  • S

    Buyer's Agent in 2020

    Skip Dostal

    Martha's Vineyard R.E.

  • F

    Seller's Agent in 2014

    Fred Mascolo

    Jane Brown Assoc.

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 36469

APN: EDGA-000020C-000099

Massachusetts Dukes County Edgartown 02539 Edgartown

4 Bernard Way, Edgartown, MA

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