NOT LISTED FOR SALE

7 Peases Point Way S Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $3,122,843 - $4,201,000

4 Beds
2.5 Baths
2,896 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $2,400,000 $829 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $20,014/month

112 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Paved or Partially Paved Lot
  • No HOA
  • Bike Trail
  • 4-minute walk to Cannonball Park

About This Home

As of January 2022

House and Guest House in Edgartown Village. Nestled among a lovely block of historic homes in downtown Edgartown Village, this 3-bedroom main house and 1-bedroom guest house offers generous living space and represents a wonderful opportunity for a buyer looking for a family home for personal use or an investment property for rental income. Enter the home through the first-floor foyer where you are greeted by an exquisite stairway with historic elements, a front parlor/sitting room that could be used as a home office, as well as a pleasant sunroom. Continue to the spacious second living room with a fireplace and a bank of windows allowing the home to feel open and airy. The living room opens to a formal dining area which leads to the large kitchen towards the rear of the home with a breakfast nook and separate entrance through a mudroom/laundry room. On the second floor are 3 large bedrooms, including the master with a walk in closet and private bathroom. Two additional bedrooms share a bathroom. A separate guest cottage across the courtyard is complete with one bedroom and a full bathroom. This in-town oasis offers a lush lawn and a private, sun-drenched courtyard walled by hedges that is yours to enjoy. Just blocks away from Edgartown's storied harbor front, restaurants, and shops, this perfectly situated home awaits.

Last Agent to Sell the Property

Cassie Bradley

Wallace & Co. Sotheby's International Realty License #448014383 Listed on: 08/27/2021

Wallace & Co. Sotheby's International Realty

Co-Listed By

Thomas Wallace

Wallace & Co. Sotheby's International Realty License #448001319

Last Buyer's Agent

Katherine Donahue

Sandpiper Realty Inc License #448010627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,315

Year Built

  • Built in 1870 | Remodeled

Lot Details

  • 5,680 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Interior Basement Entry

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 20D47

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,315

Year Built

Built in 1870 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1870
  • Lot Size Acres: 0.13
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Co List Office Mls Id: WALL
  • Co List Office Phone: 508-627-3313
  • Directions: From the top of Main St., turn right onto Pesaes Point Way S., the property is on your left
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Approximate
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Washer, Electric Range, Refrigerator, Dryer - Electric, Electric Water Heater, Water Heater
  • Basement: Interior Entry
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2896
  • Stories: 2
  • Room Bedroom3 Features: Bedroom 3, Shared Half Bath
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bedroom 2, Shared Full Bath
  • Master Bedroom Features: Primary Bedroom, Walk-In Closet(s), Private Full Bath
  • Room Kitchen Features: Kitchen
  • Living Room Features: Living Room
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Bike Path, Shopping, Harbor, In Town Location
  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Stone
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Cesspool
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 5680
  • Parcel #: 20D47
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9315
  • Tax Book Number: 1538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Jan 13, 2022
Sold by
Williams Edward N and Williams Megan H
Bought by
Cann Christian and Cann Caitlin
Seller's Agent
Cassie Bradley
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Katherine Donahue
Sandpiper Realty Inc
List Price
$3,450,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,050,000
-30.43%
Current Estimated Value
$3,527,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,127,711
Avg. Annual Appreciation
11.73%
Original Mortgage
$840,000
Outstanding Balance
$770,889
Interest Rate
2.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,759,360
Source: Public Records

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
Cann Christian $2,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cann Christian $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $2,400,000 -30.4% $829 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $3,450,000 -- $1,191 / 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 $6,377 $2,406,400 $1,562,300 $844,100
2024 $5,720 $2,243,300 $1,562,300 $681,000
2023 $8,339 $3,309,300 $1,587,100 $1,722,200
2022 $10,244 $3,380,800 $1,698,700 $1,682,100
2021 $9,316 $2,840,100 $1,420,300 $1,419,800
2020 $8,723 $2,603,800 $1,352,600 $1,251,200
2019 $10,439 $2,697,500 $1,352,600 $1,344,900
2018 $8,107 $2,412,800 $1,232,400 $1,180,400
2017 $7,980 $2,247,800 $1,232,400 $1,015,400
2016 $8,375 $2,313,500 $1,232,400 $1,081,100
2015 $8,020 $2,311,100 $1,168,600 $1,142,500
Source: Public Records

Agents Affiliated with this Home

  • Cassie Bradley

    Seller's Agent in 2022

    Cassie Bradley

    Wallace & Co. Sotheby's International Realty

    (518) 522-3337

    10 in this area

    22 Total Sales

    Cassie Bradley
    Section Image
  • Thomas Wallace

    Seller Co-Listing Agent in 2022

    Thomas Wallace

    Wallace & Co. Sotheby's International Realty

    (508) 627-2777

    23 in this area

    43 Total Sales

    Thomas Wallace
    Section Image
  • Katherine Donahue

    Buyer's Agent in 2022

    Katherine Donahue

    Sandpiper Realty Inc

    (203) 988-1833

    48 in this area

    76 Total Sales

    Katherine Donahue
    Section Image
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Map

Source: Martha's Vineyard MLS

MLS Number: 32100368

Martha

APN: EDGA-000020D-000047

Massachusetts Dukes County Edgartown 02539 Edgartown

7 Peases Point Way S, Edgartown, MA

This home is located at 7 Peases Point Way S, Edgartown, MA 02539 since 27 August 2021 and is currently estimated at $3,527,711, approximately $1,218 per square foot. This property was built in 1870. 7 Peases Point Way S 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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