NOT LISTED FOR SALE

Estimated Value: $3,005,000 - $4,145,000

3 Beds
3.5 Baths
3,250 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $1,124,500 $346 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $20,438/month

16 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Porch
  • Farmhouse Style Home
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2017

NOTE: Actual selling price is $2,249,000; recorded price of $1,124,500 does not include price of construction contract to complete build out. **** New construction in Katama within close proximity to South Beach. Designed to perfectly complement a casual island lifestyle, this home blends a smart layout with coastal styling details and shiplap paneling on ceiling and accent walls. The property is comprised of an open-designed Living Room, Dining Room and gourmet cook's Kitchen with gorgeous finished wood floors, a gas fireplace flanked by custom built-ins and huge 16-foot sliders that lead to a mahogany deck and bluestone patio, perfect for outdoor dining and entertaining. The gourmet cook's kitchen features a center island/breakfast bar, inset cabinets doors and drawers beautiful stone countertops, custom tile work, stainless Viking® appliances plus a Marvel® wine cooler/refrigerator. There are a total of three (3) bedrooms, including a luxurious first-floor Master Suite PLUS two additional bedrooms, each with private en suite baths on the second floor. All of the bathrooms feature marble and porcelain tile and Kohler® fixtures throughout.

The spacious backyard offers plenty of room for an in-ground pool and possibly a detached garage or carriage house (with ZBA approval). Note: Approvals for 3-bedroom septic pending BOH approvals; to be obtained by the Seller in early September, 2017.

Last Listed By

Wendy Harman

Point B Realty License #448009827 Listed on: 08/15/2017

Point B Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,148

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.58 Acre Lot
  • Dirt Road
  • Sprinkler System
  • Private Yard
  • Property is zoned R60

Home Design

  • Farmhouse Style Home
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 456

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,148

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Lot Size Acres: 0.58
  • Road Surface Type: Dirt
  • Directions: From Herring Creek Road, turn right onto Proprietor's Road. House is located on the left corner of Craft's Field Way and Proprietor's Road.
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built Details: New
  • Special Features: None
  • Year Renovated: 2017

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Basement: Full, Interior Entry
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Living Area: 3250
  • Stories: 2

Exterior Features

  • Exterior Features: Private Yard, Underground Sprinkler
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R60
  • Land Lease: No
  • Lot Size Sq Ft: 25265
  • Parcel #: 456
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 16, 2017
Sold by
Arch Building & Home Dev
Bought by
Andre James and Andre Alicia
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Katherine Donahue
Sandpiper Realty Inc
List Price
$2,249,000
Sold Price
$1,124,500
Premium/Discount to List
-$1,124,500
-50%
Total Days on Market
16
Current Estimated Value
$3,578,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,454,326
Avg. Annual Appreciation
15.95%
Original Mortgage
$950,000
Outstanding Balance
$795,062
Interest Rate
3.25%
Mortgage Type
Unknown
Estimated Equity
$2,612,190

Purchase Details

Closed on
Aug 14, 2017
Sold by
Knopf John L and Sultzman-Knopf Lisa A
Bought by
Arch Building & Home Dev

Purchase Details

Closed on
May 13, 1991
Bought by
Knopf John L and Sultzman-Knopf Lisa

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
Andre James $1,124,500 --
Arch Building & Home Dev $760,000 --
Knopf John L $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andre Alicia $566,000
Open Andre James $950,000
Previous Owner Knopf John $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $1,124,500 -50.0% $346 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $2,249,000 -- $692 / 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 $7,148 $2,803,300 $892,400 $1,910,900
2023 $6,525 $2,589,400 $771,400 $1,818,000
2022 $5,662 $1,868,700 $724,200 $1,144,500
2021 $5,544 $1,690,100 $629,800 $1,060,300
2020 $5,474 $1,634,000 $629,800 $1,004,200
2019 $3,384 $874,500 $472,400 $402,100
2018 $3,087 $797,700 $529,600 $268,100
2017 $2,578 $726,200 $501,000 $225,200
2016 $2,436 $672,900 $464,900 $208,000
2015 $2,381 $686,300 $507,200 $179,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21714724

Martha

APN: EDGA-000045-000006