$1,550,000
SOLD JAN 23, 2018
4 Beds
2.5 Baths
2,784 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$557 Per Sq Ft

About This Home

As of January 2018

This home is located at 40 Peases Point Way N, Edgartown, MA 02539 and is currently priced at $1,550,000, approximately $556 per square foot. This property was built in 1850. 40 Peases Point Way N is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Last Agent to Sell the Property

Non Member

mv.unknownoffice License #0 Listed on: 01/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,959

Year Built

  • Built in 1850

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned R5

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20D7112

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,959

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1850
  • Lot Size Acres: 0.23
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Living Area: 2784
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 10019
  • Parcel #: 20D7112
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6959
  • Tax Book Number: 1458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Schaefer David J
Bought by
White Rock Mvy Llc
Current Estimated Value
$5,879,229

Purchase Details

Listed on
Jul 12, 2016
Closed on
Jan 23, 2018
Sold by
Graham Stephen and Graham Ann
Bought by
Schaefer David J
Seller's Agent
Marilyn Moses
Ocean Park Realty Inc
Buyer's Agent
Peyton Wallace
Studio Realty
List Price
$1,969,000
Sold Price
$1,550,000
Premium/Discount to List
-$419,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$1,240,000
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2016
Sold by
Ann B Graham T
Bought by
Graham Stephen and Graham Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Blumberg Edgartown Rt
Bought by
Ann B Graham T
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 $4,195,000 None Available
Not Resolvable $1,550,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,726,750 Adjustable Rate Mortgage/ARM
Previous Owner $1,240,000 Purchase Money Mortgage
Previous Owner $285,000 New Conventional
Previous Owner $151,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2018 01/24/18 Sold $1,550,000 0.0% $557 / Sq Ft
01/23/2018 01/23/18 Sold $1,550,000 0.0% $557 / Sq Ft
01/23/2018 01/23/18 For Sale $1,550,000 -21.3% $557 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
07/12/2016 07/12/16 For Sale $1,969,000 -- $707 / 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 $11,798 $4,451,900 $1,473,800 $2,978,100
2024 $10,224 $4,009,400 $1,473,800 $2,535,600
2023 $10,180 $4,039,800 $1,418,000 $2,621,800
2022 $7,684 $2,535,900 $1,102,900 $1,433,000
2021 $6,101 $1,860,200 $1,106,800 $753,400
2020 $5,556 $1,658,500 $1,106,800 $551,700
2019 $7,587 $1,960,500 $976,600 $983,900
2018 $5,414 $1,798,300 $940,600 $857,700
2017 $5,293 $1,490,900 $777,600 $713,300
2016 $5,397 $1,490,900 $777,600 $713,300
2015 $4,808 $1,385,700 $703,000 $682,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 10004063

Martha

APN: EDGA-000020D-000071-000012