NOT LISTED FOR SALE

5 Schoolhouse Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,743,000 - $2,008,120

4 Beds
2 Baths
1,746 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $875,000 $501 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $10,206/month

40 Days on Market

About This Home

As of July 2020

In the heart of Katama midway between Edgartown Village and South Beach and right off the bike path is this well maintained four bedroom two bath Gambrel Cape. Home features a bright first floor with wood floors, an open kitchen/living room/dining area with sliders out to rear deck ,outside shower, and large yard. The second floor offers three bedrooms and a second full bath. For storage there is a dry basement with spacious closet. This home is the perfect vacation/investment property. Priced at $949,000.

Last Agent to Sell the Property

Bob Sparks

American Real Estate LLC Listed on: 05/04/2020

Last Buyer's Agent

Bob Sparks

American Real Estate LLC Listed on: 05/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1987

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R20

Home Design

  • 1,746 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stove
  • Washer
  • Deck

Community Details

  • Association fees include homeowners dues

Listing and Financial Details

  • Tax Lot 251
  • $453,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: landscaped
  • LotSizeAcres: 0.5
  • View: None, Res
  • Association Fees: 350
  • Association Fee Inclusions: Homeowners Association dues
  • Co List Office Mls Id: 888
  • Building Area Total: 1746
  • Has Fireplace?: No
  • Year Built: 1987
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Full poured concrete basement with laundry, and both inside and outside bulkhead entry, large owners closet.
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 0
  • Flooring: WOOD/CARPET
  • Interior Amenities: Ins,OSh, Floor 1: Open floor plan with hardwood floors in kitchen, living room, dining area, and one carpeted bedroom with walk-in closed, and full bath., Floor 2: three carpeted bedrooms, full bath., Floor 3: NA

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, PubBch, Cov
  • Foundation Details: Full poured concrete
  • Other Structures: NA

Garage/Parking

  • Parking Features: 4 CARS

Utilities

  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2500
  • Tax Lot: 251
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 453500
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Trotto Mark A and Trotto Semiramis T
Bought by
5 Schoolhouse Road Rt
Current Estimated Value
$1,877,780

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 12, 2020
Sold by
Morrell Thomas R
Bought by
Trotto Semiramis T and Trotto Mark A
Seller's Agent
Bob Sparks
American Real Estate LLC
Buyer's Agent
Bob Sparks
American Real Estate LLC
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%
Original Mortgage
$656,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1978
Bought by
Morrell Thomas R and Morrell Patricia F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5 Schoolhouse Road Rt -- None Available
Trotto Semiramis T $875,000 None Available
Morrell Thomas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trotto Semiramis T $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $875,000 -7.8% $501 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $949,000 -- $544 / Sq Ft
Source: LINK (Vineyard)

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 $3,710 $1,399,900 $888,500 $511,400
2024 $3,341 $1,310,200 $888,500 $421,700
2023 $2,949 $1,170,300 $740,700 $429,600
2022 $3,014 $994,800 $695,300 $299,500
2021 $3,208 $977,900 $604,700 $373,200
2020 $3,060 $913,500 $604,700 $308,800
2019 $3,021 $780,700 $453,500 $327,200
2018 $2,480 $783,100 $508,500 $274,600
2017 $2,377 $669,500 $439,800 $229,700
2016 $2,210 $610,400 $398,600 $211,800
2015 $2,010 $579,200 $398,600 $180,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bob Sparks

    American Real Estate LLC

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 36571

APN: EDGA-000036-000250-000001

Massachusetts Dukes County Edgartown 02539 Edgartown

5 Schoolhouse Rd, Edgartown, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes