$4,250,000
SOLD DEC 13, 2024
4 Beds
2.5 Baths
2,736 Sq Ft
4.4 Acres

Recently Sold

$1,553 Per Sq Ft

31% Below List Price

127 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Baseboard Heating
  • 4.4 Acre Lot
  • No HOA

About This Home

As of December 2024

This exquisite waterfront sanctuary boasts breathtaking views and serene surroundings on Katama Bay. The enchanting home offers ample space for comfortable living both indoors and outdoors. As you step through the front door, you are greeted by an airy and light-filled interior, flanked with windows, that seamlessly blend with the beauty of the outdoors. The spacious living area is perfect for hosting gatherings. The highlight of this home is the expansive porch where you can enjoy your morning coffee while taking in the picturesque views of the waterfront. Imagine relaxing here as you watch the sunset over the tranquil waters. Upstairs, you will find the inviting bedrooms, each offering a peaceful retreat at the end of the day. The primary suite is a true oasis with its own private balcony overlooking the water, creating the perfect spot for relaxation. Located in a highly desirable waterfront community on Chappy and presents a rare opportunity to build your waterfront Chappy compound! Don't miss this rare opportunity to own a waterfront gem that offers a lifestyle of comfort, beauty and a unique opportunity to build your Chappy compound. You can have up to nine bedrooms with town approval on the vacant land parcel!sold as is.

Last Agent to Sell the Property

Madelyn Silvia

Wallace & Co. Sotheby's International Realty License #448015725 Listed on: 05/22/2024

Wallace & Co. Sotheby's International Realty

Co-Listed By

Ana Paiva

Wallace & Co. Sotheby's International Realty License #448014385

Last Buyer's Agent

Katherine Donahue

Sandpiper Realty Inc License #448010627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,162

Year Built

  • Built in 1974

Lot Details

  • 4.4 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Dirt Road
  • Property is zoned R12

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4684

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,162

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Lot Size Acres: 4.4
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Water Body Name: Katama Bay
  • Co List Office Mls Id: WALL
  • Co List Office Phone: 508-627-3313
  • Directions: Litchfield Road to Jeremiah Way on the right - The properties are the last two on the left.
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Full
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Living Area: 2736
  • Stories: 2

Exterior Features

  • Pool Private: No
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Front, Bay/Harbor
  • Waterfront: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R12
  • Land Lease: No
  • Lot Size Sq Ft: 191664
  • Parcel #: 4684
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16162
  • Tax Book Number: 1607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Charles R Mccrae Ret and Mccrae-Kessler
Bought by
Mccrae-Kessler Amy C and Mccrae Christopher A
Current Estimated Value
$2,743,000

Purchase Details

Closed on
Nov 16, 1993
Sold by
Magnarelli John T
Bought by
Mccrae Charles R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $427,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $4,250,000 -31.5% $1,553 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $6,200,000 -- $2,266 / 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 $8,355 $3,152,700 $3,152,700 $0
2024 $7,843 $3,075,800 $3,075,800 $0
2023 $7,363 $2,922,000 $2,922,000 $0
2022 $7,897 $2,606,180 $2,606,180 $0
2021 $6,537 $1,992,961 $1,992,961 $0
2020 $7,704 $2,299,571 $2,299,571 $0
2019 $8,306 $2,146,300 $2,146,300 $0
2018 $8,077 $2,222,900 $2,222,900 $0
2017 $7,891 $2,222,900 $2,222,900 $0
2016 $8,047 $2,222,900 $2,222,900 $0
2015 $7,713 $2,222,900 $2,222,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 32400122

Martha

APN: EDGA-000046-000087