NOT LISTED FOR SALE

7 N Farms Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $2,871,000 - $3,738,000

4 Beds
3.5 Baths
3,200 Sq Ft
$1,035/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $1,325,000 $414 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $18,719/month

147 Days on Market

About This Home

As of January 2013

You can hear the Atlantic Surf  from this Hidden Katama Gem. Located on the end of a secluded lane 1 mile from South Beach, spectacular 8 room, 4 bedroom 3.5 bath home. 3,200+ sq.ft. of living space, private .71 acre parcel, finished basement and studio over the garage. 1st floor master bedroom w/bath. Recent renovations ( 2008 & 2010) include Corian counters & sinks in all baths. The Kitchen has new Granite counters and sink/fixtures. There is a nice flow between the Kitchen, Sun-room  Dining Room & Living Room. This flow combined with access to a great outdoor deck area make this house perfect for entertaining lots of summer guests yet cozy for a dinner party of two.  2010 improvements include,Garage w/studio, new 50 yr roof, extensive irrigation system and the planting of 30 Leyland Cypress trees around the borders of the lot. These are beautiful trees and grow to a height of 25 feet insuring your privacy. Including the Studio and basement recreation room the total living area is increased an additional 1,252 sq.ft. A, 5 minute bike ride to South Beach seconds to the bike path,walk to breakfast at the "Right Fork Diner"

Last Agent to Sell the Property

Joe Barkett

Compass | Point B Listed on: 06/15/2012

Last Buyer's Agent

Joe Barkett

Compass | Point B Listed on: 06/15/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • 1995

Lot Details

  • 0.71 Acre Lot
  • Property is zoned R20

Home Design

  • 3,200 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Lot 147.2
  • $513,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 745
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: 862 sq. ft. of a expertly finished space ( 2010) Attention to every detail floors, walls, ceiling and trim completed to perfection. Nice natural light and a separate HVAC/Heat Pump system. There is another 809 sq.ft. basement area that houses the Heating system for the main house and lots of storage. On exiting this area you climb the stairs to a space that has a Sauna, Wet bar and  exit that takes you right to the rear 800 sq.ft. deck and a fabulous Hot Tub.
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1 propane
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: The 1st floor consists of a entrance hall, Kitchen (updated 2008)  Sun Room, Dining Room, Powder Room w/laundry, Master Bedroom w/ large Bath,jacuzzi,double sinks and shower. The "great room" completes the flow large with Fireplace and has new (2010) French Doors leading to a 1,000 sq.ft. deck and your private rear yard. The house is perfect for entertaining with a great flow yet it maintains intimate spaces for your private enjoyment. Lots of windows and natural light., Floor 2: The second level has a charming stairwell and hall and 3 additional bedrooms one of the bedrooms is large and has a private bath w/bright windows and a skylight. The other two bedrooms are spacious and share a large bath. Lots of room up here for family and friends. All bathrooms have new (2008) counters and sinks.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Foundation Details: Yes Poured
  • Other Structures: Two car detached Garage with the most charming finished Studio ( 390 s.f. finished 2010) above it accessed by an outdoor staircase. This Studio is finished to perfection windows on each end and skylights (4) bring in lots of natural light. Separate HVAC/Heat Pump system. Oak Floors.

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 30928
  • Land Lease Expiration Date: 2013-01-09
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4000
  • Tax Lot: 147.2
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 513300
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2014
Sold by
Murphy 2Nd Theodore R and Murphy Theodore R
Bought by
Murphy Ducharme Ft
Current Estimated Value
$3,312,137

Purchase Details

Closed on
Jan 6, 1995
Sold by
Kelley Stephen R
Bought by
Gruetzmacher William C and Ruetzmacher Denise M G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Murphy Ducharme Ft -- --
Gruetzmacher William C $341,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Ducharme Ft $500,000
Previous Owner Gruetzmacher William C $500,000
Previous Owner Gruetzmacher William C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $1,325,000 -15.3% $414 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $1,565,000 -- $489 / 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 $8,067 $3,044,200 $843,700 $2,200,500
2024 $6,921 $2,714,000 $843,700 $1,870,300
2023 $6,612 $2,623,900 $850,900 $1,773,000
2022 $6,411 $2,115,900 $845,700 $1,270,200
2021 $6,555 $1,998,400 $742,300 $1,256,100
2020 $6,252 $1,866,300 $840,400 $1,025,900
2019 $6,368 $1,645,500 $700,300 $945,200
2018 $5,809 $1,501,000 $700,300 $800,700
2017 $5,205 $1,466,100 $680,700 $785,400
2016 $5,458 $1,507,700 $644,300 $863,400
2015 $4,385 $1,263,800 $616,300 $647,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joe Barkett

    Compass | Point B

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Map

Source: LINK (Vineyard)

MLS Number: 23398

APN: EDGA-000036-000147-000002

Massachusetts Dukes County Edgartown 02539 Edgartown

7 N Farms Rd, Edgartown, MA

This home is located at 7 N Farms Rd, Edgartown, MA 02539 since 15 June 2012 and is currently estimated at $3,312,137, approximately $1,035 per square foot. This property was built in 1995. 7 N Farms Rd 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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