NOT LISTED FOR SALE

7 Litchfield Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $3,604,000 - $5,440,967

4 Beds
3 Baths
3,425 Sq Ft
$1,363/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $2,900,000 $847 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $25,527/month

20 Days on Market

Highlights

  • 1.33 Acre Lot
  • Contemporary Architecture
  • Corner Lot
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of November 2020

This special Chappaquiddick property sits on the corner of Litchfield Road - a golf cart or bike ride away from the Beach Club and the Ferry. Amazing views of the outer harbor await from the second floor of this 2015-built home. With an open floor plan, it is spacious and inviting. You will appreciate the large gourmet kitchen with stainless appliances and oversized center Island, a comfortable living room and dining area and a row of glass doors leading to a covered porch. At one end of the home, a first floor master bedroom with vaulted ceilings, full bath and walk-in closet, with sliding doors to the deck. The other side provides two guest bedrooms and a full bath. A favorite design element in the home is the 2nd floor loft area, overlooking the lower level. Another row of sliding doors from this level leads to an expansive sundeck with incredible harbor views. Completing the property is additional living space above the garage. This space provides a laundry room, garage and a 2nd floor guest suite with full bath and balcony. This impeccably-maintained property is complete with large patio and outdoor shower. Opportunity for a terrific summer rental with great revenue potential

Last Agent to Sell the Property

Cheri Mason

LandVest MV License #448013037 Listed on: 09/01/2020

Last Buyer's Agent

Vera Dello Russo

Vera Thornton MV License #9519757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,175

Year Built

  • Built in 2014

Lot Details

  • 1.33 Acre Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned R12

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,425 Sq Ft Home
  • 1-Story Property
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer
  • Gas Dryer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Well
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3071

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,175

Year Built

Built in 2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Lot Size Acres: 1.33
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: From the Chappy ferry, proceed straight on Chappaquiddick Road, past the Chappy Beach Club, take a right at the corner of LItchfield Road. The driveway is the first on the left.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Gas Range, Dryer - Gas, Propane Gas Water Heater, Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 3425
  • Stories: 1
  • Room Kitchen Features: Kitchen, Recessed Lighting, Kitchen Island

Exterior Features

  • Exterior Features: Underground Sprinkler, Outdoor Shower
  • Lot Features: Bike Path, Harbor, In Town Location, Corner Lot, Views, Level
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Patio And Porch Features: Deck, Porch, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Fixed Wall System
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Security: Security Alarm
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R12
  • Land Lease: No
  • Lot Size Sq Ft: 57935
  • Parcel #: 3071
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11175
  • Tax Book Number: 1020-802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 16, 2020
Sold by
Austin William M and Austin Margaret L
Bought by
Topping Kenneth A and Topping Patricia A
Seller's Agent
Cheri Mason
LandVest MV
Buyer's Agent
Vera Dello Russo
Vera Thornton MV
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%
Current Estimated Value
$4,666,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,766,742
Avg. Annual Appreciation
9.92%
Original Mortgage
$2,000,000
Outstanding Balance
$1,779,716
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,887,026

Purchase Details

Closed on
Nov 3, 2004
Sold by
Norton Floyd C
Bought by
Austin William M and Austin Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Topping Kenneth A $2,900,000 None Available
Austin William M $1,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Topping Kenneth A $2,000,000
Previous Owner Austin William M $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $2,900,000 -1.7% $847 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $2,950,000 -- $861 / 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 $12,629 $4,765,500 $2,117,900 $2,647,600
2024 $11,794 $4,625,200 $2,066,300 $2,558,900
2023 $11,177 $4,435,400 $1,963,000 $2,472,400
2022 $10,199 $3,365,942 $1,756,342 $1,609,600
2021 $10,264 $3,129,385 $1,343,085 $1,786,300
2020 $11,176 $3,336,014 $1,549,714 $1,786,300
2019 $11,827 $3,056,000 $1,446,400 $1,609,600
2018 $12,073 $3,119,700 $1,498,100 $1,621,600
2017 $10,544 $2,970,100 $1,498,100 $1,472,000
2016 $6,455 $1,783,200 $1,498,100 $285,100
2015 $5,664 $1,632,200 $1,498,100 $134,100
Source: Public Records

Agents Affiliated with this Home

  • Cheri Mason

    Seller's Agent in 2020

    Cheri Mason

    LandVest MV

    (203) 246-8274

    13 in this area

    17 Total Sales

    Cheri Mason
    Section Image

  • V

    Buyer's Agent in 2020

    Vera Dello Russo

    Vera Thornton MV

    (508) 423-1166

    Vera Dello Russo
    Section Image
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Map

Source: Martha's Vineyard MLS

MLS Number: 32000462

Martha

APN: EDGA-000030-000070-000001

Massachusetts Dukes County Edgartown 02539 Edgartown

7 Litchfield Rd, Edgartown, MA

Not Listed for Sale

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