$4,000,000
SOLD FEB 14, 2014
5 Beds
6 Baths
4,772 Sq Ft
0.27 Acres

Recently Sold

$838 Per Sq Ft

8% Below List Price

296 Days on Market

Highlights

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

About This Home

As of September 2020

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 Agent to Sell the Property

Thomas Leclair

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

Last Buyer's Agent

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

Listed on
Aug 22, 2019
Closed on
Sep 8, 2020
Sold by
Reilly John and Reilly Molly
Bought by
Cavanaugh Robert N and Cavanaugh Christine M
Seller's Agent
Gerrett Conover
Landvest MV
Buyer's Agent
Michele Casavant
Vineyard Village Realty
List Price
$4,850,000
Sold Price
$4,400,000
Premium/Discount to List
-$450,000
-9.28%
Current Estimated Value
$7,069,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,669,016
Avg. Annual Appreciation
10.34%

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
5.13%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $4,400,000 None Available
Deed -- --
Not Resolvable $4,000,000 --
Deed $1,060,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,750,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,250,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $4,400,000 -9.3% $929 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
08/22/2019 08/22/19 For Sale $4,850,000 +21.3% $1,024 / Sq Ft
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
2025 $14,595 $5,507,500 $1,827,200 $3,680,300
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

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Map

Source: Martha's Vineyard MLS

MLS Number: 21304192

Martha

APN: EDGA-000020D-000080-000001