Seller's Agent in 2022
Cassie Bradley
Wallace & Co. Sotheby's International Realty
(518) 522-3337
9 in this area
17 Total Sales
40 Meetinghouse Way Edgartown, MA 02539
Edgartown NeighborhoodEstimated Value: $5,260,256
8
Beds
8
Baths
4,040
Sq Ft
$1,302/Sq Ft
Est. Value
Highlights
- Deeded access to the beach
- 13.55 Acre Lot
- Deck
- Screened Pool
- Colonial Architecture
- Living Room with Fireplace
About This Home
As of March 2022Historic Edgartown farm overlooking significant acreage of picturesque pastures owned by the Nature Conservancy. Located on Meetinghouse Way, this beautiful 1800's farmhouse has been meticulously restored to showcase the original beams, wide plank hardwood floors, and two large fireplaces. On the ground level, the charm of the historic renovation blends seamlessly in with the significant addition, which offers a modern, spacious kitchen, cathedral ceilings, and sweeping views of the open fields. Completing the addition are two guest rooms with private baths located in a separate wing of the house. The farm is made up of a total of four independent lots, each with their own rights for construction. The main house lot has three residential structures: the historic home, a bunkhouse, and a free-standing one-bedroom farmhand cottage. In addition to a barn, there is a lovely pool adjacent to the main house, a duck pond, and fenced pastures. One of the independent lots has a newly constructed barn designed for multiple uses and includes an unfinished apartment on the second level. This parcel also has the right to build an additional main house, which would have significant views of the fields. 19 & 25 Old Farms Trail are vacant parcels currently used as pastures with significant frontage to the Nature Conservancy's open fields. 19 Old Farm Trail has a conservation restriction limiting the building envelope to a specific 10,000 sq. ft location on the site. There is also a restriction on the size of the home. There is no restriction on selling the four parcels separately, although this offering is for the entire farm and not individual pieces.
Last Agent to Sell the Property
Wallace & Co. Sotheby's International Realty License #448014383 Listed on: 12/20/2021
Last Buyer's Agent
Buyer Unrepresented
mv.UnrepBuyer License #0
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,600
Year Built
- Built in 1800
Lot Details
- 13.55 Acre Lot
- Fenced
- Paved or Partially Paved Lot
- Private Yard
- Garden
- Property is zoned RA120
Parking
- Garage
Home Design
- Colonial Architecture
- Asphalt Roof
- Clapboard
Interior Spaces
- 4,040 Sq Ft Home
- 2-Story Property
- Living Quarters
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Wood Burning Fireplace
- French Doors
- Mud Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Wood Flooring
- Property Views
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- Linen Closet
- Walk-In Closet
Laundry
- Electric Dryer
- Washer
Pool
- Screened Pool
- Heated Lap Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Deeded access to the beach
- Deck
- Patio
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Liquid Propane Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 27814
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2021
Closed on
Mar 24, 2022
Sold by
Harley Ellen A
Bought by
Marthas Vineyard Land Bk
Seller's Agent
Cassie Bradley
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Buyer Unrepresented
mv.UnrepBuyer
List Price
$9,500,000
Sold Price
$9,500,000
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
-$4,239,744
Avg. Annual Appreciation
-14.95%
Purchase Details
Closed on
Jul 29, 2002
Sold by
Mackenty Jeremiah G
Bought by
Harley Ellen A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marthas Vineyard Land Bk | $4,200,000 | None Available | |
| Harley Ellen A | $725,000 | -- | |
| Harley Ellen A | $725,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Harley Ellen A | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $9,500,000 | 0.0% | $2,351 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 12/22/2021 12/22/21 | For Sale | $9,500,000 | -- | $2,351 / Sq Ft |
Source: Martha's Vineyard MLS
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 | $8,546 | $3,795,700 | $988,300 | $2,807,400 |
| 2024 | $8,546 | $3,332,000 | $988,300 | $2,343,700 |
| 2023 | $0 | $3,414,200 | $1,022,200 | $2,392,000 |
| 2022 | $8,546 | $2,820,300 | $1,006,600 | $1,813,700 |
| 2021 | $8,812 | $2,686,500 | $872,800 | $1,813,700 |
| 2020 | $7,458 | $2,226,400 | $802,000 | $1,424,400 |
| 2019 | $9,113 | $2,354,700 | $778,400 | $1,576,300 |
| 2018 | $6,686 | $2,032,700 | $707,700 | $1,325,000 |
| 2017 | $6,350 | $1,788,800 | $660,600 | $1,128,200 |
| 2016 | $5,745 | $1,587,000 | $539,500 | $1,047,500 |
| 2015 | $4,879 | $1,406,000 | $494,600 | $911,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cassie Bradley
-
Tom Wallace
Seller Co-Listing Agent in 2022
Tom Wallace
Wallace & Co. Sotheby's International Realty
(508) 627-2777
23 in this area
43 Total Sales
-
B
Buyer's Agent in 2022
Buyer Unrepresented
mv.UnrepBuyer
Map
Source: Martha's Vineyard MLS
MLS Number: 32100566
APN: EDGA-000027-000008-000014
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