NOT LISTED FOR SALE

Estimated Value: $2,429,000 - $2,709,000

3 Beds
3 Baths
2,048 Sq Ft
$1,257/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $1,375,000 $671 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $14,141/month

39 Days on Market

Highlights

  • Pasture Views
  • Deck
  • Porch

About This Home

As of December 2016

This stylish coastal beach retreat in Katama is ready for your relaxation pleasure. The reverse styling is typical of many South Beach homes in this community. The main level entry opens to beautiful wood floors; two generous bedrooms that share a bath; a spacious master bedroom with a tiled bath with soaking tub and walk-in shower; and a porch that overlooks the private yard. The second level welcomes you into the stunning Great Room with high ceilings and a dining area that is open to the kitchen. The gourmet kitchen features recently updated appliances; gas range; granite countertops and breakfast bar. A den is located off the kitchen area with another large full bath in the hall. An entire wall of glass, including two sets of sliding doors, open to the wrap around deck for outdoor dining and grilling. The finished lower level adds more space for entertaining and an alcove for quiet reading enjoyment. Just a 10 minute walk, or bike ride away, is the shoreline of South Beach, one of the best beaches on Martha’s Vineyard. In the other direction, you are only a few miles to downtown Edgartown for first-class shopping and dining along the harbor front. Ocean breezes and the sound of the surf are the perfect ingredients for your Vineyard dreams. Excellent rental history.

Last Agent to Sell the Property

Karen Brown

Martha's Vineyard Vacation Rentals Listed on: 08/25/2016

Last Buyer's Agent

Bob Sparks

American Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 1994

Lot Details

  • 0.54 Acre Lot
  • Property is zoned R60

Interior Spaces

  • 2,048 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16.19
  • $799,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,930

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • LotSizeAcres: 0.54
  • View: None, Pasture
  • Association Fees: 25
  • Co List Office Mls Id: 765
  • Building Area Total: 2048
  • Has Fireplace?: No
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Appliances: Stove: KitchenAid 2 yrs, Washer: LG 1 yr
  • Has Basement: Finished lower level. Laundry.
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Wood/Tile/Carpet
  • Interior Amenities: AC,Disp,Ins,OSh, Floor 1: Master bedrooms with full bath. Two guest bedrooms. One full bath., Floor 2: Open living dining and kitchen. Den with doors. Full Bath. Large wrap-around deck.
  • Main Level Bedrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Porch, PubBch
  • Other Structures: Shed

Garage/Parking

  • Parking Features: Plenty

Utilities

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

Lot Info

  • Lot Size Sq Ft: 23522
  • Land Lease Expiration Date: 2017-02-23
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 16.19
  • Tax Map Number: 44
  • Tax Other Annual Assessment Amount: 799400
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 12, 2016
Sold by
Peters Rori
Bought by
Morley Curt G and Morley Katherine J
Seller's Agent
Karen Brown
Martha's Vineyard Vacation Rentals
Buyer's Agent
Bob Sparks
American Real Estate LLC
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%
Current Estimated Value
$2,574,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,199,027
Avg. Annual Appreciation
7.64%
Original Mortgage
$1,000,000
Outstanding Balance
$819,510
Interest Rate
3.47%
Mortgage Type
Unknown
Estimated Equity
$1,809,206

Purchase Details

Closed on
Jan 5, 2001
Sold by
Orput Gail E
Bought by
Peters Rori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1996
Sold by
Binder Richard S
Bought by
Orput Douglas S and Orput Gail E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Morley Curt G $1,375,000 --
Peters Rori $770,000 --
Orput Douglas S $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morley Curt G $1,000,000
Previous Owner Peters Rori $500,000
Previous Owner Orput Douglas S $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $1,375,000 -8.3% $671 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $1,500,000 -- $732 / 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 $5,930 $2,237,700 $1,111,600 $1,126,100
2024 $5,204 $2,040,900 $1,111,600 $929,300
2023 $5,056 $2,006,200 $1,059,700 $946,500
2022 $5,172 $1,707,027 $963,327 $743,700
2021 $5,600 $1,707,202 $963,502 $743,700
2020 $5,585 $1,667,193 $1,051,093 $616,100
2019 $5,956 $1,539,100 $963,500 $575,600
2018 $5,393 $1,393,600 $910,900 $482,700
2017 $4,977 $1,402,000 $910,900 $491,100
2016 $4,896 $1,352,400 $799,400 $553,000
2015 $4,132 $1,190,800 $792,500 $398,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 30807

APN: EDGA-000044-000016-000019