NOT LISTED FOR SALE

7 Welchs Way Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,930,000 - $2,111,000

3 Beds
1.5 Baths
1,632 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,195,000 $732 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,375/month

7 Days on Market

About This Home

As of October 2020

KATAMA...1 Mile to South Beach. Beautifully landscaped 1/2 acre with expansive lawn, mature plantings and perennial gardens. One owner property. Extremely well maintained. 3 bedrooms, 1-1/2 baths. FIRST floor: open floor plan with wood stove in living area. Fully-equipped kitchen. Separate dining room, office/den, 1/2 bath. SECOND Floor: 3 bedrooms and full bath. Full basement. Propane heat. Mini- split AC/heat on 1st floor. Generator. 8 zone irrigation system. Deck off kitchen. HEATED 26' X 28' TWO-CAR GARAGE WITH A LOFT.

Last Agent to Sell the Property

Patti Dean

Wiggy's Pond Real Estate Listed on: 08/03/2020

Last Buyer's Agent

Bonnie Pierce

Wallace & Co. Sotheby's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,887

Year Built

  • 1979

Lot Details

  • 0.52 Acre Lot
  • Property is zoned R20

Home Design

  • 1,632 Sq Ft Home

Kitchen

  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 97.4
  • $495,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,887

Year Built

1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 767
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Appliances: Stove: Yes, Washer: In basement
  • Has Basement: Full. Bulkhead. CENTRAL VACUUM
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Jotul wood stove in living area
  • Interior Amenities: Ins,Irr,MiniSplit,OSh,WdStove, Floor 1: Kitchen, living, dining, office. Half bath., Floor 2: 3 bedrooms and full bath
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Foundation Details: poured concrete
  • Other Structures: Detached Heated two-car garage (26' x 28'). Loft has skylights and large windows facing Waller Way. $100.00 per year road maintenance.

Garage/Parking

  • Parking Features: two private stone driveways

Utilities

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

Lot Info

  • Lot Size Sq Ft: 22651
  • Land Lease Expiration Date: 2021-11-02
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2886.65
  • Tax Lot: 97.4
  • Tax Map Number: 36
  • Tax Other Annual Assessment Amount: 495700
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 9, 2020
Sold by
Welch William E and Welch Elizabeth M
Bought by
Heerwagen Matthew and Heerwagen Jennifer L
Seller's Agent
Patti Dean
Wiggy's Pond Real Estate
Buyer's Agent
Bonnie Pierce
Wallace & Co. Sotheby's
List Price
$1,225,000
Sold Price
$1,195,000
Premium/Discount to List
-$30,000
-2.45%
Current Estimated Value
$2,027,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,335
Avg. Annual Appreciation
11.31%
Original Mortgage
$767,750
Outstanding Balance
$689,017
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,322,794

Purchase Details

Closed on
Jul 16, 2020
Sold by
Welch Ft
Bought by
Welch William E and Welch Elizabeth M

Purchase Details

Closed on
Nov 1, 2016
Sold by
Welch William E and Welch Elizabeth M
Bought by
Welch Ft

Purchase Details

Closed on
May 1, 1979
Bought by
Welch William E and Welch Elizabeth M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Heerwagen Matthew $1,195,000 None Available
Welch William E -- None Available
Welch Ft -- --
Welch William E $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heerwagen Matthew $767,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,195,000 -2.4% $732 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $1,225,000 -- $751 / 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 $3,937 $1,485,500 $826,900 $658,600
2024 $3,507 $1,375,100 $826,900 $548,200
2023 $3,506 $1,391,100 $833,200 $557,900
2022 $3,447 $1,137,600 $696,500 $441,100
2021 $3,243 $988,600 $578,300 $410,300
2020 $2,812 $839,500 $495,700 $343,800
2019 $3,322 $858,500 $495,700 $362,800
2018 $2,961 $878,600 $578,300 $300,300
2017 $2,770 $780,400 $523,200 $257,200
2016 $2,311 $638,400 $399,300 $239,100
2015 $2,108 $607,500 $399,300 $208,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patti Dean

    Wiggy's Pond Real Estate

  • B

    Buyer's Agent in 2020

    Bonnie Pierce

    Wallace & Co. Sotheby's

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 36871

APN: EDGA-000036-000097-000004

Massachusetts Dukes County Edgartown 02539 Edgartown

7 Welchs Way, Edgartown, MA

This home is located at 7 Welchs Way, Edgartown, MA 02539 since 03 August 2020 and is currently estimated at $2,027,335, approximately $1,242 per square foot. This property was built in 1979. 7 Welchs Way is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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