NOT LISTED FOR SALE

Estimated Value: $5,641,000 - $8,143,000

5 Beds
6 Baths
4,772 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $4,000,000 $838 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $41,053/month

296 Days on Market

Highlights

  • Deck
  • Private Yard
  • Fireplace
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of February 2014

Located on a quiet lane in the heart of Edgartown, this spacious home is in perfect condition and offers the best in modern amenities. The classic Edgartown Architecture was designed by Patrick Ahearn, and built by one of the island's finest contractors, Rosbeck Builders. The 4,772 Sq. Ft. home has 5 bedrooms / 6 bathrooms in the main house and a large private guest suite over the garage. There is a large, country kitchen with an eating area built into a Bay window and a sitting area with fireplace. The home features comfortable living spaces including a family room with fireplace, dining room, office with fireplace, and a large lower level that includes a wine cellar. The property also has a 2-car garage and a private yard that is wonderfully landscaped.

Last Listed By

Thomas Leclair

LandVest MV License #448011924 Listed on: 04/14/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,384

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Near Conservation Area
  • Fenced
  • Private Yard
  • Property is zoned R5

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Wood Roof
  • Shingle Siding

Interior Spaces

  • 4,772 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number EDGA20D81

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,384

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Lot Size Acres: 0.27
  • Road Frontage Type: Public
  • Directions: Coming from Upper Main Street onto Main Street, take left onto Pease Point Way for approximately .02 miles and turn left onto Sheriffs Lane. 4 Sheriffs Lane will be on your right.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater
  • Basement: Other
  • Total Bedrooms: 5
  • Interior Amenities: Separate Living Quarters, Separate Living Qtrs (In Law Apartment)
  • Full Bathrooms: 6
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4772
  • Stories: 2

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Fenced
  • Lot Features: Bike Path, Shopping, In Town Location, Conservation Area
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle, Wood

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • 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: 11761
  • Parcel #: EDGA20D81
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 9384
  • Tax Book Number: 953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2020
Sold by
Reilly John and Reilly Molly
Bought by
Cavanaugh Robert N and Cavanaugh Christine M
Total Days on Market
296
Current Estimated Value
$7,166,658

Purchase Details

Closed on
Feb 16, 2016
Bought by
Reilly John and Reilly Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 14, 2013
Closed on
Feb 14, 2014
Sold by
Gieselman Scott
Bought by
Reilly John and Reilly Molly
Seller's Agent
Thomas Leclair
LandVest MV
Buyer's Agent
Thomas Leclair
LandVest MV
List Price
$4,350,000
Sold Price
$4,000,000
Premium/Discount to List
-$350,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$1,250,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Smith Pamela R and Rasche Priscilla H
Bought by
Gieselman Scott

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cavanaugh Robert N $4,400,000 None Available
Reilly John -- --
Reilly John $4,000,000 --
Gieselman Scott $1,060,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanaugh Robert N $2,000,000
Previous Owner Reilly John H $2,400,000
Previous Owner Reilly John $1,750,000
Previous Owner Reilly John $1,500,000
Previous Owner Reilly John $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $4,000,000 -8.0% $838 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
04/14/2013 04/14/13 For Sale $4,350,000 -- $912 / 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
2024 $13,556 $5,315,900 $1,827,200 $3,488,700
2023 $12,742 $5,056,200 $1,856,200 $3,200,000
2022 $12,095 $3,991,600 $1,986,700 $2,004,900
2021 $12,739 $3,883,900 $1,661,100 $2,222,800
2020 $12,746 $3,804,800 $1,582,000 $2,222,800
2019 $13,881 $3,586,900 $1,582,000 $2,004,900
2018 $12,384 $3,512,800 $1,415,300 $2,097,500
2017 $12,093 $3,406,400 $1,415,300 $1,991,100
2016 $12,331 $3,406,400 $1,415,300 $1,991,100
2015 $11,012 $3,173,600 $1,444,000 $1,729,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Home in Edgartown, MA

  • 4 Somerset Ln, Edgartown, MA 02539

    $5,750,000

    • 4 Beds
    • 5 Baths
    • 3,643 Sq Ft
    • 4 Somerset Ln
    • Edgartown, MA

    NEW CONSTRUCTION: REIMAGINED ISLAND LIVING AT SOMERSET. Construction for 4 Somerset Lane is now complete and the property is move-in ready for summer! Somerset is an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar, owners of the Winnetu Oceanside Resort. This curated home has been perfectly designed for entertaining,

    Wendy Harman

    Section Image

Source: Martha's Vineyard MLS

MLS Number: 21304192

Martha

APN: EDGA-000020D-000080-000001