NOT LISTED FOR SALE

Estimated Value: $4,817,000 - $6,874,000

1.29 Acres
$4,287,917 Price per Acre
56,192 Sq Ft Lot

Last Sold April 10, 2015

Last sale price $750,000

Est. 638% increase in value since last sale

Current estimated payment $31,695/month

57 Days on Market

Highlights

  • Property is near a marina
  • 1.29 Acre Lot
  • Bike Trail
  • Home fronts a pond
  • Cul-De-Sac
  • Level Lot

About This Lot

As of April 2015

An Idyllic Blend of Country and Village Living. Surrounded by a natural setting, Nora's Meadow offers a unique opportunity to build your island dream home adjacent to sun reflected multi-acre ponds and rolling meadows, conveniently located just a short, six-block stroll from Edgartown Village. Eight lots, each designed to maximize views and provide for privacy amidst the natural landscape, have approved septic plans, underground utilities and town water - and will also accommodate an in-ground pool. Carefully crafted association covenants have been developed to preserve the character, integrity and value of this distinctive property for current and future generations.

Last Listed By

Wendy Harman

Point B Realty Listed on: 11/01/2014

Point B Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,555

Year Built

  • 2015

Lot Details

  • 1.29 Acre Lot
  • Home fronts a pond
  • Near Conservation Area
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R20

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29A635

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Bike Trail
  • Property is near a marina

Property Details

Property Type

Land

Est. Annual Taxes

$2,555

Year Built

2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.29
  • Road Surface Type: Paved
  • Directions: Follow Pease's Point Way South to intersection of South Water Street and Clevelandtown Road. Turn right onto Clevelandtown Road; the entrance to Nora's Meadow is located on right side, just beyond the arched stone wall.
  • Special Features: VirtualTour
  • Year Built (Public Record): 2015

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Bike Path, School, Marina, Conservation Area, Cul-De-Sac, Level
  • Waterfront Features: Pond
  • Waterfront: No

Utilities

  • Sewer: Other
  • Electric: Underground
  • Telephone: At Street
  • Gas Company: No Gas
  • Utilities: Cable Available
  • Electricity On Property: No
  • Water Source: Public on Site

Condo/Co-op/Association

  • Amenities: Road Maintenance
  • Association: Yes

Lot Info

  • Zoning: R20
  • Lot Size Sq Ft: 56192
  • Parcel #: 29A635
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2555
  • Tax Book Number: 1059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2014
Closed on
Apr 10, 2015
Sold by
Noras Meadow Llc
Bought by
Mccaleb Scott M and Mccaleb Meghan M
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Total Days on Market
57
Current Estimated Value
$5,531,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,781,413
Avg. Annual Appreciation
21.95%
Original Mortgage
$1,640,000
Outstanding Balance
$1,264,365
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,267,048

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mccaleb Scott M $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaleb Scott M $1,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $750,000 -5.7% --
12/29/2014 12/29/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $795,000 -- --
Source: Cape Cod & Islands Association of REALTORS®

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 $12,333 $4,836,300 $1,325,100 $3,511,200
2023 $11,878 $4,713,500 $1,283,800 $3,429,700
2022 $10,471 $3,455,800 $1,239,900 $2,215,900
2021 $12,156 $3,706,200 $1,252,100 $2,454,100
2020 $11,182 $3,338,000 $883,900 $2,454,100
2019 $11,711 $3,026,100 $810,200 $2,215,900
2018 $11,876 $3,068,700 $766,000 $2,302,700
2017 $6,007 $1,692,200 $766,000 $926,200
2016 $2,453 $677,600 $677,600 $0
2015 -- $671,700 $671,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21410340

Cape Cod & Islands Association of REALTORS®

APN: EDGA-000029A-000063-000005