NOT LISTED FOR SALE

51 Old Purchase Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,567,078 - $1,792,000

4 Beds
3 Baths
1,860 Sq Ft
$929/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $1,050,000 $565 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,912/month

1 Day on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Baseboard Heating
  • Saltbox Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Property is near a golf course

About This Home

As of October 2020

This 4 bedroom home with heated pool is in a quiet residential neighborhood with many other newly renovated homes. Just a mile from downtown Edgartown, half mile to Morning Glory Farm, and close to the bike path, the property abuts 6 acres of unbuildable ''green space.'' The recent paving of Meetinghouse Road ensures a direct and easy route to South Beach. The house is bright and airy with gleaming hardwood floors and exposed beams. The kitchen features granite countertops and stainless steel appliances. Sliders from the dining area open onto an expansive deck and heated saltwater pool. The lower level has been converted to a convenient media/bunk room with its own full bath. Possible expansion to six bedrooms, or garage/carriage house exists due to Town water and Town sewer. This is a money-making investment property with a solid rental history.

Last Listed By

Vera Dello Russo

Vera Thornton MV License #448007800 Listed on: 07/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.52 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R60

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Saltbox Architecture

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Private Pool
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number Map 21/Lot 134/4

Community Details

Overview

  • Association fees include road maintenance, snow removal

Recreation

  • Bike Trail
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved
  • Directions: Headed up island on the West Tisbury Road, take a right onto Codman Springs, the an immediate sharp right onto Old Purchase. House is on the left about 1/8 of a mile in.
  • Architectural Style: Saltbox
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Renovated: 2017

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Bulkhead Access, Full, Finished
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile, Hardwood
  • Living Area: 1860
  • Stories: 2

Exterior Features

  • Lot Features: Bike Path, Shopping, In Town Location, Near Golf Course, Cleared, Level
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: No
  • Foundation Details: Poured
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Cooling: Fixed Wall System
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Community Features: Conservation Area, Road Maintenance, Snow Removal
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance, Snow Removal

Lot Info

  • Zoning: R60
  • Land Lease: No
  • Lot Size Sq Ft: 22651
  • Parcel #: Map 21/Lot 134/4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2293.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 22, 2020
Sold by
Topping Kenneth and Topping Patricia
Bought by
Bravington Llc
Seller's Agent
Vera Dello Russo
Vera Thornton MV
Buyer's Agent
Katherine Donahue
Sandpiper Realty Inc
List Price
$1,050,000
Sold Price
$1,050,000
Total Days on Market
1
Current Estimated Value
$1,728,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,770
Avg. Annual Appreciation
10.41%
Original Mortgage
$787,500
Outstanding Balance
$714,534
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$938,371

Purchase Details

Listed on
Sep 16, 2016
Closed on
Sep 19, 2016
Sold by
Blueberry Ret
Bought by
Topping Kenneth and Topping Patricia
Seller's Agent
Non Member
mv.unknownoffice
List Price
$615,000
Sold Price
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$492,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Bravington Llc $1,050,000 None Available
Topping Kenneth $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravington Llc $787,500
Previous Owner Topping Kenneth $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $1,050,000 0.0% $565 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,050,000 +70.7% $565 / Sq Ft
09/19/2016 09/19/16 Sold $615,000 0.0% $444 / Sq Ft
09/16/2016 09/16/16 For Sale $615,000 -- $444 / 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
2024 $2,785 $1,092,000 $336,400 $755,600
2023 $2,708 $1,074,500 $305,200 $769,300
2022 $2,653 $875,700 $305,200 $570,500
2021 $2,242 $683,500 $305,200 $378,300
2020 $1,986 $592,700 $277,500 $315,200
2019 $2,364 $610,800 $277,500 $333,300
2018 $1,683 $513,400 $277,500 $235,900
2017 $1,622 $457,000 $277,500 $179,500
2016 $1,600 $441,900 $276,400 $165,500
2015 $1,452 $418,300 $276,400 $141,900
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Vera Dello Russo

    Vera Thornton MV

    (508) 423-1166

    4 in this area

    6 Total Sales

    Section Image
  • Katherine Donahue

    Buyer's Agent in 2020

    Katherine Donahue

    Sandpiper Realty Inc

    (203) 988-1833

    50 in this area

    77 Total Sales

    Katherine Donahue
    Section Image

  • N

    Seller's Agent in 2016

    Non Member

    mv.unknownoffice

See All Agents

Map

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Source: Martha's Vineyard MLS

MLS Number: 32000319

Martha

APN: EDGA-000021-000134-000004

Massachusetts Dukes County Edgartown 02539 Edgartown

51 Old Purchase Rd, Edgartown, MA

Homes for Sale in Edgartown, MA

This home is located at 51 Old Purchase Rd, Edgartown, MA 02539 since 13 July 2020 and is currently estimated at $1,728,770, approximately $929 per square foot. This property was built in 1985. 51 Old Purchase Rd is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

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