NOT LISTED FOR SALE

Estimated Value: $2,352,000 - $4,617,000

3 Beds
2 Baths
2,000 Sq Ft
$1,926/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,800,000 $900 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $21,251/month

6 Days on Market

Highlights

  • Deck
  • Furnished
  • Garden
  • Wood Flooring
  • Patio
  • Heating Available

About This Home

As of December 2020

A true Katama gem, this lovely mid-century modern style, one-level home is less than a mile from South Beach, two minutes from the Right Fork Diner, convenient to Edgartown Village and Katama General Store. Bike paths to the center of Edgartown and South Beach are easily accessed. When one thinks of "Destination Locations", one thinks of Katama. Crocker Drive is in the heart of this special corner of the Vineyard with the HGTV Dream Home only a few houses away.The nearly one-acre yard is a serene lot, wooded and private with sunny exposures all day over the lush, level lawn (fully irrigated) and 20' X 40' in-ground pool. Rinse off in the outdoor shower after a day at the beach and jump in the pool to continue outdoor enjoyment for full summer days.The kitchen is open to the main living area featuring a wood-burning fireplace. The dining room easily hosts great gatherings around the 10-person table. In addition, enjoy alfresco dining on the outdoor patio for those summer evening dinners and drinks under the stars. The main house has two bedrooms with a full bath, and the master bedroom suite has its own kitchenette, ensuite bath w/jacuzzi, large living room/entertainment area with views out to the pool and lounging areas. Brand new split air conditioning system (6 units, installed in 2020) provide cooling and heating in each bedroom, living and dining area. Current owners have a very strong rental history ($80,000.00+ seasonal income) with only the best five-star VRBO ratings. This property is being sold furnished and is "turnkey". This is a year-round residence that is enjoyable throughout all the seasons.

Last Agent to Sell the Property

Kathleen Kendrick

Kendrick Real Estate Listed on: 11/08/2020

Last Buyer's Agent

Cheri Mason

Landvest MV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 1962 | Remodeled in 2004

Lot Details

  • 0.96 Acre Lot
  • Garden
  • Property is zoned R60

Interior Spaces

  • 2,000 Sq Ft Home
  • Furnished
  • Wood Flooring
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • $618,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,850

Year Built

Built in 1962 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: none, lush, level, lawn with in-ground pool
  • LotSizeAcres: 0.96
  • View: None, Res
  • Co List Office Mls Id: 950
  • Building Area Total: 2000
  • Has Fireplace?: No
  • Effective Year Built: 2004
  • Year Built: 1962
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: none
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Flooring: wood and tile
  • Interior Amenities: Ins,MiniSplit,OSh, Floor 1: Main house: Living Room, Dining Room, Kitchen in an open floor plan; two bedrooms & one full bath. Master bedroom wing: Master suite with large living room/entertainment area, bedroom & full bath w/jacuzzi.
  • Main Level Bedrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No
  • Exterior Features: PubBch, Deck, Garden, Patio, P/Pool
  • Foundation Details: poured concrete
  • Other Structures: large storage shed

Garage/Parking

  • Parking Features: 6

Utilities

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

Lot Info

  • Lot Size Sq Ft: 41817
  • Land Lease Expiration Date: 2021-05-08
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3850
  • Tax Lot: 30
  • Tax Map Number: 45
  • Tax Other Annual Assessment Amount: 618400
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Dec 8, 2020
Sold by
Frazier Jason M
Bought by
Eileen Schaney Ret
Seller's Agent
Kathleen Kendrick
Kendrick Real Estate
Buyer's Agent
Cheri Mason
Landvest MV
List Price
$1,749,000
Sold Price
$1,800,000
Premium/Discount to List
$51,000
2.92%
Current Estimated Value
$3,852,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,052,857
Avg. Annual Appreciation
15.68%

Purchase Details

Listed on
Dec 31, 2015
Closed on
Feb 22, 2016
Sold by
Balas Steven M and Mcmaster-Balas Kathleen
Bought by
Frazier Jason M
Seller's Agent
Dee Moyer
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Dee Moyer
Wallace & Co. Sotheby's International Realty
List Price
$969,000
Sold Price
$956,333
Premium/Discount to List
-$12,667
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$760,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Connolly David
Bought by
Balas Steven M and Balas Kathleen Mcmast

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2001
Sold by
Lepak Raymond and Lepak Karen
Bought by
Connolly David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
7.39%
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
Eileen Schaney Ret $1,800,000 None Available
Frazier Jason M $956,333 --
Balas Steven M $479,000 --
Connolly David $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frazier Jason M $760,000
Previous Owner Connolly David $275,000
Previous Owner Connolly David $237,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $1,800,000 +2.9% $900 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $1,749,000 +82.9% $875 / Sq Ft
02/22/2016 02/22/16 Sold $956,333 -1.3% $588 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $969,000 -- $596 / 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 $9,891 $3,732,300 $912,200 $2,820,100
2024 $8,440 $3,309,900 $912,200 $2,397,700
2023 $6,394 $2,537,300 $925,500 $1,611,800
2022 $4,231 $1,396,500 $868,900 $527,600
2021 $3,509 $1,069,700 $721,400 $348,300
2020 $2,955 $882,200 $618,400 $263,800
2019 $3,414 $882,200 $618,400 $263,800
2018 $3,363 $954,100 $721,400 $232,700
2017 $3,119 $878,700 $652,700 $226,000
2016 $2,328 $643,200 $458,800 $184,400
2015 $2,165 $623,800 $458,800 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 37523

APN: EDGA-000045-000030