W
Seller's Agent in 2016
Wendy Harman
Point B Realty
5 Atlantic Dr Edgartown, MA 02539
Edgartown NeighborhoodEstimated Value: $4,457,000 - $10,777,524
5
Beds
4.5
Baths
3,924
Sq Ft
$1,675/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Deck
- 2 Fireplaces
- 3.01 Acre Lot
- Contemporary Architecture
- Private Yard
About This Home
As of April 2016Commanding Ocean View Estate In Katama - Sited on three expansive acres along Katama's prestigious Atlantic Drive, with sweeping 180-degree views across South Beach, this commanding estate-sized property represents an exceptional and rare purchase opportunity. Comprised of nearly 4,000 s.f of open-designed living space, this 5-bedroom, 4.5-bath home beautifully integrates indoor and outdoor living with an additional 2,300 square feet of decks, a large heated in-ground pool, plus expansive landscaped grounds and exquisite gardens. Ocean views abound from nearly every room in the home and the sights, sounds and salt air breezes of oceanside living surround you. This superlative offering is located within short stroll to South Beach as ideally suited for discriminating buyers looking to create a unparalleled island residence and lifestyle.
Last Agent to Sell the Property
Wendy Harman
Point B Realty License #448009827 Listed on: 06/03/2015
Last Buyer's Agent
Wendy Harman
Point B Realty License #448009827 Listed on: 06/03/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,784
Year Built
- Built in 1979
Lot Details
- 3.01 Acre Lot
- Property fronts a private road
- Near Conservation Area
- Fenced
- Level Lot
- Private Yard
- Garden
- Property is zoned R60
Parking
- 2 Car Attached Garage
- Open Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 3,924 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Carpet
- Crawl Space
- Property Views
Bedrooms and Bathrooms
- 5 Bedrooms
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Shower
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating System
- Well
- Liquid Propane Gas Water Heater
- Fuel Tank
Listing and Financial Details
- Assessor Parcel Number EDGA5252
Community Details
Overview
- Property has a Home Owners Association
- Association fees include road maintenance
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2015
Closed on
Apr 5, 2016
Sold by
Connolly William J and Connolly Joan K
Bought by
5 Atlantic Drive Llc
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Wendy Harman
Compass Massachusetts, LLC
List Price
$5,250,000
Sold Price
$4,500,000
Premium/Discount to List
-$750,000
-14.29%
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
$650,746
Avg. Annual Appreciation
1.47%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5 Atlantic Drive Llc | $4,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Connolly William J | $450,000 | |
| Previous Owner | Connolly Joan K | $83,600 | |
| Previous Owner | Connolly Joan K | $3,983,600 | |
| Previous Owner | Connolly William J | $800,000 | |
| Previous Owner | Connolly William J | $700,000 | |
| Previous Owner | Connolly William J | $100,000 | |
| Previous Owner | Connolly William J | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2016 04/05/16 | Sold | $4,500,000 | -14.3% | $1,147 / Sq Ft |
| 09/01/2015 09/01/15 | Pending | -- | -- | -- |
| 06/03/2015 06/03/15 | For Sale | $5,250,000 | -- | $1,338 / 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 | $11,524 | $4,348,700 | $4,348,700 | $0 |
| 2024 | $11,089 | $4,348,700 | $4,348,700 | $0 |
| 2023 | $11,450 | $4,543,700 | $4,543,700 | $0 |
| 2022 | $12,777 | $4,216,838 | $4,216,838 | $0 |
| 2021 | $12,622 | $3,848,125 | $3,848,125 | $0 |
| 2020 | $11,719 | $3,498,295 | $3,498,295 | $0 |
| 2019 | $14,667 | $3,789,800 | $3,789,800 | $0 |
| 2018 | $19,537 | $5,048,200 | $3,789,800 | $1,258,400 |
| 2017 | $14,812 | $4,172,300 | $2,915,300 | $1,257,000 |
| 2016 | $14,930 | $4,124,200 | $2,714,400 | $1,409,800 |
| 2015 | $12,784 | $3,684,200 | $2,714,400 | $969,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Martha's Vineyard MLS
MLS Number: 21505365
APN: EDGA-000052-000005-000002
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