NOT LISTED FOR SALE

56 Cottage St Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $5,444,000 - $7,157,000

6 Beds
6.5 Baths
4,317 Sq Ft
$1,466/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $3,450,000 $799 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $35,604/month

About This Home

As of November 2017

This meticulously crafted home sits prominently on a corner lot, 2 blocks from Edgartown Harbor. The 6 bedroom / 6.5 bath residence was completely renovated with all new systems and the highest level of millwork, attention to detail and finishes. The home features a living room with fireplace and cathedral ceiling, a well-appointed kitchen with pantry, a formal entrance hall and a sunny front parlor. Complimenting everything is a finished 3rd floor living room and widows walk with water views as well as a 2nd kitchen providing an attached apartment above garage with separate entry. The grounds are nicely landscaped with a large brick parking area in front of the 2-car garage.

Last Agent to Sell the Property

Non Member

mv.unknownoffice License #0 Listed on: 11/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,199

Year Built

  • Built in 1972

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R5

Interior Spaces

  • 4,317 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20B83

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,199

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Lot Size Acres: 0.16
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Fireplace: No
  • Living Area: 4317
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 6970
  • Parcel #: 20B83
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 14199
  • Tax Book Number: 1454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Courtney Thomas G and Courtney Sylvia M
Bought by
Thomas & Sylvia Ctney Ret
Current Estimated Value
$6,328,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,153,397
Interest Rate
2.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,175,127

Purchase Details

Listed on
Nov 28, 2017
Closed on
Nov 28, 2017
Sold by
Verdi Chad A and Verdi Michelle
Bought by
Courtney Thomas G and Courtney Sylvia M
Seller's Agent
Non Member
mv.unknownoffice
List Price
$3,450,000
Sold Price
$3,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$2,760,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2009
Sold by
56 Cottage Street Llc
Bought by
Verdi Chad A and Verdi Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2007
Sold by
Bernstein Doris J
Bought by
56 Cottage Street Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Bernstein Doris J and Bernstein Steven E
Bought by
Bernstein Doris J

Purchase Details

Closed on
Jul 27, 2004
Sold by
Ryan Sally A and Ryan Seward J
Bought by
Bernstein Doris J and Bernstein Steven E

Purchase Details

Closed on
Oct 18, 2001
Sold by
Stelle Bruce A and Stelle Barbara
Bought by
Ryan Edward J and Ryan Sally A

Purchase Details

Closed on
Dec 4, 1989
Sold by
Harrison Robt B
Bought by
Steele Bruce A
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
Thomas & Sylvia Ctney Ret -- None Available
Courtney Thomas G $3,450,000 --
Verdi Chad A $3,700,000 --
56 Cottage Street Llc -- --
Bernstein Doris J -- --
Bernstein Doris J $3,250,000 --
Ryan Edward J $1,269,000 --
Steele Bruce A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courtney Thomas G $1,250,000
Previous Owner Courtney Thomas G $1,008,000
Previous Owner Courtney Thomas G $400,000
Previous Owner Courtney Thomas G $2,760,000
Previous Owner Verdi Chad A $5,000,000
Previous Owner Steele Bruce A $1,700,000
Previous Owner Verdi Chad A $2,950,000
Previous Owner Steele Bruce A $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $3,450,000 0.0% $799 / Sq Ft
11/28/2017 11/28/17 Sold $3,450,000 0.0% $799 / Sq Ft
11/28/2017 11/28/17 For Sale $3,450,000 -19.7% $799 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
03/24/2016 03/24/16 For Sale $4,295,000 -- $995 / 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
2025 $13,469 $5,082,500 $1,638,300 $3,444,200
2024 $11,656 $4,571,000 $1,638,300 $2,932,700
2023 $11,835 $4,696,600 $1,664,300 $3,032,300
2022 $13,386 $4,417,700 $1,781,300 $2,636,400
2021 $12,176 $3,712,300 $1,489,300 $2,223,000
2020 $11,309 $3,375,700 $1,418,400 $1,957,300
2019 $13,625 $3,520,600 $1,418,400 $2,102,200
2018 $14,199 $3,669,000 $1,277,700 $2,391,300
2017 $12,994 $3,660,200 $1,277,700 $2,382,500
2016 $13,814 $3,816,000 $1,277,700 $2,538,300
2015 $13,603 $3,920,300 $1,226,100 $2,694,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Non Member

    mv.unknownoffice

  • G

    Seller's Agent in 2017

    Gerrett Conover

    Landvest MV

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Map

Source: Martha's Vineyard MLS

MLS Number: 10004053

Martha

APN: EDGA-000020B-000083

Massachusetts Dukes County Edgartown 02539 Edgartown

56 Cottage St, Edgartown, MA

This home is located at 56 Cottage St, Edgartown, MA 02539 since 28 November 2017 and is currently estimated at $6,328,524, approximately $1,465 per square foot. This property was built in 1972. 56 Cottage St 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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