NOT LISTED FOR SALE

62 S Water St Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $3,859,000 - $5,596,000

4 Beds
3.5 Baths
2,807 Sq Ft
$1,724/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $4,500,000 $1,603 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $27,225/month

187 Days on Market

About This Home

As of May 2024

This classic federal style home lies on a prominent corner lot two blocks from Main Street and just up the hill from Collins Beach. The home has been lovingly restored and added to, providing a wonderful blend of antique charm with today’s desired features. The home features 4-bedrooms and 3.5-baths, a kitchen with large center island, bay window breakfast nook, a screened porch and front parlors facing Edgartown Harbor. The master bedroom features a cathedral ceiling, beautiful views of the rear gardens and the Federated Church steeple as well as a walk-in closet and bath with soaking tub and shower. There is a private back yard with formal gardens, a grilling terrace and parking for two cars. A very special property offered in excellent condition in the heart of the historic district.

Last Agent to Sell the Property

Gerrett Conover

Landvest MV Listed on: 08/16/2023

Last Buyer's Agent

Gerrett Conover

Landvest MV Listed on: 08/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,140

Year Built

  • 1825

Lot Details

  • 5,662 Sq Ft Lot
  • Property is zoned R5

Home Design

  • 2,807 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Stove
  • Washer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 175
  • $1,989,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,140

Year Built

1825

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 786
  • Special Features: None
  • Year Built: 1825

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Yes - 4
  • Interior Amenities: AC,OSh, Floor 1: The first floor offers a gourmet kitchen with breakfast nook, center island and access to patio, a dining room with access to screened porch for additional dining, office/sitting room with fireplace, two formal parlors with fireplaces and one. There is also a half bath on this level., Floor 2: All four bedrooms are on the second floor. These bedrooms include the master bedroom with walk in closet and private bath, a bedroom suite with fireplace and private bath and two additional bedrooms, one with fireplace and a shared hallway bath. There is also a laundry room on this level.
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Yes-Driveway for 2 cars

Utilities

  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 5662
  • Land Lease Expiration Date: 2024-07-08
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 10140
  • Tax Lot: 175
  • Tax Map Number: 20D
  • Tax Other Annual Assessment Amount: 1989500
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2005
Sold by
Churchill-Bardwell Diana
Bought by
Jepsen Edward G
Current Estimated Value
$4,838,379
Source: Public Records

Range of Values:

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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
Jepsen Edward G $2,362,500 --
Jepsen Edward G $2,362,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Croteau David A $2,700,000
Closed Croteau David A $2,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $4,500,000 -14.3% $1,603 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
08/16/2023 08/16/23 For Sale $5,250,000 +69.4% $1,870 / Sq Ft
11/15/2016 11/15/16 Sold $3,100,000 0.0% $1,104 / Sq Ft
11/15/2016 11/15/16 Sold $3,100,000 -5.3% $1,104 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
08/31/2016 08/31/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $3,275,000 -22.9% $1,167 / Sq Ft
04/20/2012 04/20/12 For Sale $4,250,000 -- $1,514 / 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 $10,966 $4,138,300 $1,958,500 $2,179,800
2024 $9,730 $3,815,800 $1,958,500 $1,857,300
2023 $9,852 $3,909,600 $1,989,500 $1,920,100
2022 $12,143 $4,007,615 $2,129,415 $1,878,200
2021 $11,038 $3,365,335 $1,780,235 $1,585,100
2020 $10,358 $3,092,062 $1,695,462 $1,396,600
2019 $12,372 $3,196,800 $1,695,500 $1,501,300
2018 $11,242 $2,904,800 $1,544,000 $1,360,800
2017 $9,471 $2,667,900 $1,544,000 $1,123,900
2016 $9,921 $2,740,700 $1,544,000 $1,196,700
2015 $9,490 $2,734,800 $1,465,300 $1,269,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gerrett Conover

    Landvest MV

  • G

    Seller's Agent in 2016

    Gerret Conover

    LandVest MV

    (508) 627-0177

    27 in this area

    31 Total Sales

    Gerret Conover
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Map

Source: LINK (Vineyard)

MLS Number: 41209

APN: EDGA-000020D-000175

Massachusetts Dukes County Edgartown 02539 Edgartown

62 S Water St, Edgartown, MA

This home is located at 62 S Water St, Edgartown, MA 02539 since 16 August 2023 and is currently estimated at $4,838,379, approximately $1,723 per square foot. This property was built in 1825. 62 S Water 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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