NOT LISTED FOR SALE

7 Welchs Way Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,814,641 - $2,244,000

3 Beds
2 Baths
1,632 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold October 15, 2020

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

Est. 66% increase in value since last sale

Current estimated payment $11,346/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

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
$1,977,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,910
Avg. Annual Appreciation
11.48%
Original Mortgage
$767,750
Outstanding Balance
$689,017
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,298,500

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

Similar Homes in Edgartown, MA

  • 37 Knoll Dr, Edgartown, MA 02539

    $1,725,000

    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft
    • 37 Knoll Dr
    • Edgartown, MA

    TURN KEY !! - OWNER FINANCING POSSIBLE ready for personal use or renting. 37 Knoll Drive in the heart of Katama 3-bdrm, 2 full bth home offers 1,232 SF of living space on a16,552 SF lot. An open living/dining area, complete with wood-burning fireplace & a bow window that fills the space w/ natural light. Oak floors throughout. Kitchen boasts stainless steel appliances & stone counters, opens onto

    Josseph Barkett Compass

    Section Image
  • 6 Gerts Way, Edgartown, MA 02539

    $1,625,000

    • 3 Beds
    • 2 Baths
    • 1,495 Sq Ft
    • 6 Gerts Way
    • Edgartown, MA

    In the heart of Katama, close to south beach and all that the area has to offer, is this traditional 3 bedroom cape with updates. The bright kitchen and dining area offer a modern space, perfect for entertaining. A vaulted ceiling makes the living room light and bright. Three bedrooms, one downstairs and two upstairs, share bathrooms on each level. An outdoor shower, screened porch and outdoor

    Kathleen Dawson Donnelly + Co.

    Section Image
  • 16 Schoolhouse Rd, Edgartown, MA 02539

    $1,950,000

    • 4 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • 16 Schoolhouse Rd
    • Edgartown, MA

    Vacation Getaway in Edgartown Estates - This sunny and welcoming contemporary home could be yours this summer! With an open layout, vaulted ceilings, and lots of windows and glass doors, the home feels bright and airy. Step outside to a spacious wrap-around deck--great for relaxing or entertaining. Inside, the living, dining, and kitchen areas flow nicely and are just the right size for

    Lesley Heidt Sandpiper Realty Inc

    Section Image
  • 17 Sutton's Way, Edgartown, MA 02539

    $2,195,000

    • 2 Beds
    • 2 Baths
    • 1,746 Sq Ft
    • 17 Sutton's Way
    • Edgartown, MA

    Set on a beautifully landscaped half-acre in Katama, this thoughtfully reimagined ranch is just a short bike ride to South Beach or downtown Edgartown. The main house features 2 bedrooms, 1.5 baths, and a bright, open layout with a fully renovated kitchen (2020) showcasing quartz countertops, stainless appliances, and a serene coastal palette. The full bath was tastefully updated in 2024 with

    Carson Crissman Compass | Point B

    Section Image
  • 13 Hotchkiss Ln, Edgartown, MA 02539

    $1,950,000

    • 3 Beds
    • 2.5 Baths
    • 2,328 Sq Ft
    • 13 Hotchkiss Ln
    • Edgartown, MA

    A beautifully maintained post and beam home situated at the end of a quiet lane in Katama. When you enter the home, you get a sense of the quality and care taken to preserve this truly special property. The entrance foyer opens into a comfortable living area with a handsome fireplace, stairway to the second floor and half bath with full laundry. The dining area has access to the enclosed

    Skip Dostal, Jr Martha's Vineyard Real Estate

    Section Image
  • 11 Norton St, Edgartown, MA 02539

    $2,349,000

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft
    • 11 Norton St
    • Edgartown, MA

    EDGARTOWN HISTORIC DISTRICT - Terrific opportunity for an INVESTOR, and HOMEOWNER alike, to have an in town House and Guest house in a wonderful part of Edgartown. Norton Street is such a lovely Street! Two cottages - One at the front and one at the rear of lot. Yard and parking for each cottage. Presently a three (3) bedroom lot but Town Sewer is available on Norton Street and once connected

    Alisan Lohan-Conway Alisan Lohan-Conway Properties

    Section Image
  • 61 Dodgers Hill Rd, Edgartown, MA 02539

    $1,650,000

    • 3 Beds
    • 2 Baths
    • 2,311 Sq Ft
    • 61 Dodgers Hill Rd
    • Edgartown, MA

    Located in the sought-after Dodgers Hole neighborhood, this beautifully renovated home blends modern style with coastal ease. Sunlight fills the main living area, where cathedral ceilings and hardwood floors create a bright and welcoming space. The kitchen has been completely redone with fresh finishes and thoughtful design, and the brand-new baths add to the turnkey appeal. The finished lower

    Ellen Valentgas Sotheby's International Realty

    Section Image
  • 15 Jernegan Pond Rd, Edgartown, MA 02539

    $1,750,000

    • 2 Beds
    • 2 Baths
    • 2,042 Sq Ft
    • 15 Jernegan Pond Rd
    • Edgartown, MA

    Simply enchanting! The setting is picturesque with a pond, towering trees and flowering shrubbery, privately tucked away yet less than 11/4 mile to the Edgartown Village. The existing home is set at the edge of the pond and is awaiting reimagination and renovation. Parcel will support 5 bedrooms once connected to municipal sewer. Structures are being sold 'as is'.

    Lesley Heidt Sandpiper Realty Inc

    Section Image
  • 24 Dark Woods Rd, Edgartown, MA 02539

    $2,499,000

    • 3 Beds
    • 3.5 Baths
    • 2,638 Sq Ft
    • 24 Dark Woods Rd
    • Edgartown, MA

    Welcome to 24 Dark Woods Road, a beautifully maintained 3-bedroom, 3.5-bath Contemporary Colonial nestled in an upscale, tranquil neighborhood. This spacious residence abuts acres of Sheriffs Meadow conservation land, offering miles of trails, serene pond views and peaceful privacy at the end of a quiet road, yet is just a mile from the beach and closer to Edgartown Village. This association

    Stephanie Burke Martha's Vineyard Seacoast Properties

    Section Image
See All Homes in Edgartown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,977,910, approximately $1,211 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.

Nearby Homes