M
Seller's Agent in 2021
Meg Bodnar
Tea Lane Associates
4 Penny Ln Edgartown, MA 02539
Edgartown NeighborhoodEstimated Value: $1,724,000 - $2,092,000
3
Beds
2
Baths
2,046
Sq Ft
$942/Sq Ft
Est. Value
About This Home
As of December 2021IDYLLIC SETTING CLOSE TO TOWN - 100% INTERIOR GUT-RENOVATION JUST COMPLETED, HIGH-END LUXURY FINISHES. Only a 1-mile walk to Village shops/restaurants or Bend-in-the-Road Beach via bike path. Situated privately on .69 acres of beautifully-wooded property at the end of a cul-de-sac. Plenty of room for a pool and garage with proper permitting, huge backyard!The fabulous new interior finish details include: solid wide-plank Ash wood floors throughout, modern wood-burning fireplace with coastal fossil stone, kitchen with custom-inset cabinetry, Wolf gas range, built-in Subzero refrigerator, microwave drawer, quartz countertops w/waterfall edge. Luxury 1st floor bath with Ann Sacks terrazzo from Italy, Waterworks plumbing, Euro-glass door entering a large step-in shower, vertical shiplap detailing. Living Room has high, open ceilings and includes a 2021 LG 55" 4K OLED flush-mount Smart TV. A wonderful 1st floor primary bedroom has custom wardrobe built-ins and an additional large closet. The 2nd floor has two additional guest rooms and a 2nd bath w/deep tub. One is a spacious home office/guest suite, the other, a lofted bedroom with plantation shutter wall (being installed mid-October), and a multi-purpose home-gym space. The partially-finished walkout basement can provide extra room for summer overflow, has a private entrance. The unfinished portion of the basement has plenty of room for storage and an unfinished third bath (original to the house and not remodeled) and washer/dryer.Penny Lane's expansive and private front yard has been completely re-imagined and professionally landscaped with stone wall planters full of hydrangeas and seagrass, bluestone terrace, a built-in water fountain, and exterior patio lighting for long summer evenings outside. When you're ready to retire to a relaxing space, but still want the summer breeze - head to the 3-season, screened-in porch off the kitchen. The location, setting, and luxury appeal of this walk-to-town/beach home make this the perfect year-round residence or vacation home investment property. No renovating or waiting to build with concern about material/labor shortages - this beautifully-finished home is ready to enjoy now.
Last Agent to Sell the Property
Meg Bodnar
Tea Lane Associates Listed on: 10/02/2021
Last Buyer's Agent
Wendy Harman
Compass | Point B
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,044
Year Built
- 1995
Lot Details
- 0.69 Acre Lot
- Property is zoned R20
Home Design
- 2,046 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 36.22
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2021
Closed on
Dec 20, 2021
Sold by
Pyden Gregory A
Bought by
Demichele Andrea and Demichele Adam
Seller's Agent
Meg Bodnar
Tea Lane Associates
Buyer's Agent
Wendy Harman
Compass | Point B
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,495
Avg. Annual Appreciation
0.37%
Original Mortgage
$1,520,000
Outstanding Balance
$1,403,371
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$523,124
Purchase Details
Listed on
Nov 5, 2012
Closed on
Mar 18, 2013
Sold by
Waterfall Victoria Mtg
Bought by
Pyden Gregory A
Seller's Agent
Kevin Mikolazyk
LBS Realty Group, Inc.
Buyer's Agent
Kevin Mikolazyk
Engel & Voelkers
List Price
$419,900
Sold Price
$419,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%
Original Mortgage
$405,885
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2012
Sold by
Saul Robert E
Bought by
Waterfall Victoria Mtg
Purchase Details
Closed on
May 30, 2002
Sold by
Dube Normand A and Dube Kathleen R
Bought by
Saul Robert E and Saul Patricia Flaher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demichele Andrea | $1,900,000 | None Available | |
| Pyden Gregory A | $419,900 | -- | |
| Waterfall Victoria Mtg | $459,000 | -- | |
| Saul Robert E | $447,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demichele Andrea | $1,520,000 | |
| Previous Owner | Pyden Gregory A | $19,000 | |
| Previous Owner | Pyden Gregory A | $495,000 | |
| Previous Owner | Saul Robert E | $405,885 | |
| Previous Owner | Saul Patricia Flaher | $511,000 | |
| Previous Owner | Saul Patricia Flaher | $463,000 | |
| Previous Owner | Saul Patricia Flaher | $455,000 | |
| Previous Owner | Saul Robert E | $400,000 | |
| Previous Owner | Saul Patricia Flaher | $124,000 | |
| Previous Owner | Saul Robert E | $90,000 | |
| Previous Owner | Saul Robert E | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $1,900,000 | -11.6% | $929 / Sq Ft |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 10/02/2021 10/02/21 | For Sale | $2,150,000 | +412.0% | $1,051 / Sq Ft |
| 03/15/2013 03/15/13 | Sold | $419,900 | 0.0% | $275 / Sq Ft |
| 11/13/2012 11/13/12 | Pending | -- | -- | -- |
| 11/05/2012 11/05/12 | For Sale | $419,900 | -- | $275 / Sq Ft |
Source: LINK (Vineyard)
Tax History Compared to Growth
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 | $3,044 | $1,148,800 | $340,000 | $808,800 |
| 2024 | $2,650 | $1,039,200 | $340,000 | $699,200 |
| 2023 | $2,438 | $967,400 | $308,800 | $658,600 |
| 2022 | $2,258 | $745,200 | $307,100 | $438,100 |
| 2021 | $2,243 | $683,900 | $307,600 | $376,300 |
| 2020 | $2,131 | $636,200 | $279,700 | $356,500 |
| 2019 | $2,462 | $636,200 | $279,700 | $356,500 |
| 2018 | $2,008 | $547,400 | $279,700 | $267,700 |
| 2017 | $1,943 | $547,400 | $279,700 | $267,700 |
| 2016 | $1,878 | $518,700 | $279,700 | $239,000 |
| 2015 | $1,833 | $528,300 | $279,700 | $248,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
W
Buyer's Agent in 2021
Wendy Harman
Compass | Point B
-
K
Seller's Agent in 2013
Kevin Mikolazyk
LBS Realty Group, Inc.
Map
Source: LINK (Vineyard)
MLS Number: 38693
APN: EDGA-000021-000036-000022
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