NOT LISTED FOR SALE

7 Mill St Unit 36 Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $216,535

1 Bed
1 Bath
335 Sq Ft
1978 Built

Last Sold July 31, 2018

Last sale price $140,150 $418 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,261/month

56 Days on Market

Highlights

  • Community Pool
  • Tile Flooring
  • Laundry Facilities
  • Community Playground
  • Hot Water Heating System
  • Paved or Partially Paved Lot

About This Home

As of July 2018

This Edgartown Commons condo provides the opportunity to vacation in downtown Edgartown and generate rental income. Unit #36 is the only stand alone studio in Edgartown Commons and is the largest studio in the association. There are no abutting units to #36, and it enjoys a private entrance. The interior was updated in 2012, has a locked owner's closet and is being sold furnished to be truly turn-key. Association includes pool and playground, and Fuller Street beach is a .7 mile walk away. 2017 Gross rental income was $24,250, net rental income was $11,485. The unit was rented for 141 out of 174 days in 2017. See FAQ for fee structure.

Last Listed By

Rose Ryley

Sandpiper Realty Inc License #448011837 Listed on: 05/10/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $366

Year Built

  • Built in 1978 | Remodeled

Interior Spaces

  • 1 Full Bathroom
  • 335 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Utilities

  • No Cooling
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20D6936

Community Details

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$366

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1978
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Pease Point Way North going into town, left onto Mill Street, unit is #36, first on your right located above the laundry facilities up a private staircase.
  • Garage Yn: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Renovated: 2012

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Living Area: 335
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Property Condition: Updated/Remodeled

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Amenities: Playground, Pool, Laundry
  • Association: Yes

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Parcel #: 20D6936
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 366
  • Tax Book Number: 1295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 31, 2018
Sold by
Wright Lee Ft 2008
Bought by
Neumann Achim and Neumann Karin
Seller's Agent
Rose Ryley
Sandpiper Realty Inc
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$159,900
Sold Price
$140,150
Premium/Discount to List
-$19,750
-12.35%
Total Days on Market
56
Current Estimated Value
$216,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,385
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
May 31, 2012
Closed on
Oct 19, 2012
Sold by
Francis John M
Bought by
Wright-Lee Ft
Seller's Agent
Barbara Twiss
Laer Realty Partners
List Price
$149,900
Sold Price
$105,000
Premium/Discount to List
-$44,900
-29.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

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
Neumann Achim $140,150 --
Wright-Lee Ft $105,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $140,150 -12.4% $418 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $159,900 +52.3% $477 / Sq Ft
10/20/2012 10/20/12 Sold $105,000 -30.0% $313 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $149,900 -- $447 / 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 $724 $284,000 $0 $284,000
2023 $617 $244,800 $0 $244,800
2022 $377 $124,300 $0 $124,300
2021 $457 $139,200 $0 $139,200
2020 $379 $113,100 $0 $113,100
2019 $318 $82,100 $0 $82,100
2018 $366 $94,700 $0 $94,700
2017 $355 $100,100 $0 $100,100
2016 $362 $100,100 $0 $100,100
2015 $347 $100,100 $0 $100,100
Source: Public Records

Agents Affiliated with this Home

  • Rose Ryley

    Seller's Agent in 2018

    Rose Ryley

    Sandpiper Realty Inc

    (508) 737-7068

    11 in this area

    27 Total Sales

    Rose Ryley
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    mv.unknownoffice

  • B

    Seller's Agent in 2012

    Barbara Twiss

    Laer Realty Partners

See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 21803226

Martha

APN: EDGA-000020D-000069-000036

Massachusetts Dukes County Edgartown 02539 Edgartown

7 Mill St Unit 36, Edgartown, MA

Homes for Sale in Edgartown, MA

This home is located at 7 Mill St Unit 36, Edgartown, MA 02539 since 10 May 2018 and is currently estimated at $216,535, approximately $646 per square foot. This property was built in 1978. 7 Mill St Unit 36 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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