NOT LISTED FOR SALE

8 Jacobs Neck Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $3,898,000 - $7,949,036

4 Beds
4.5 Baths
5,038 Sq Ft
$1,176/Sq Ft Est. Value

Last Sold October 06, 2016

Last sale price $5,065,500 $1,005 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $32,805/month

708 Days on Market

Highlights

  • Waterfront
  • Deck
  • Patio
  • 17.3 Acre Lot
  • Screened Porch

About This Home

As of October 2016

Privacy is the rule on this waterfront estate that encompasses nearly 18 acres with 1300’ of frontage on the Edgartown Great Pond. The park-like setting embraces the sprawling 5,000 square foot shingle style home and offers gracious balconies and porches from which to take in the sea air and the calls of nature. Meander down the grassy walking path to the sandy shore and bask in stunning views of the Edgartown Great Pond, dunes of the south shore and Atlantic Ocean beyond or walk the miles of hiking trails to explore the vast grounds. The outdoor activities are endless – boating or kayaking on the pond, swimming at the barrier beach, shell fishing for dinner’s main course, a tennis match on your personal court or yard games on the field. Also, at the water’s edge sits a rare and irreplaceable boat house for your convenience. Every day spent at this exceptional retreat will renew and rejuvenate the mind and body.

Last Agent to Sell the Property

Lesley Heidt

Sandpiper Realty Listed on: 07/28/2014

Last Buyer's Agent

Abby Rabinovitz

Tea Lane Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,858

Year Built

  • Built in 1990

Lot Details

  • 17.3 Acre Lot
  • Waterfront
  • Property is zoned RA120

Interior Spaces

  • 5,038 Sq Ft Home
  • Screened Porch
  • Crawl Space
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Well
  • Septic Tank

Community Details

  • Association fees include boldwater - road maintenance, tennis court, boat landing

Listing and Financial Details

  • Tax Lot 1.5
  • $3,164,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,858

Year Built

Built in 1990

Lot Details

17.3 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: 17+ acres of field, garden, woods, walking paths - ultimate privacy
  • LotSizeAcres: 17.3
  • View: None
  • Association Fees: 1700
  • Association Fee Inclusions: Boldwater Association - Road maintenance, tennis court, boat landing
  • Co List Office Mls Id: 717
  • Building Area Total: 5038
  • Has Fireplace?: No
  • Year Built: 1990
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Possible Use: 37340B
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Crawl
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood burning fireplace in living room
  • Flooring: Wood, tile, carpet
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: The main entry opens to the formal livingroom and dining room and chef's kitchen beyond.  The kitchen and dining area flow to a spacious screened porch, another wonderful space for entertaining. A most functional mud room is at the far side of the house - huge in size with laundry area and perfectly equipped with built-in's for anything and everything.  A more casual family room is down the hall along with a guest room and full bath.  All living areas have French doors that lead to the decking spanning the house., Floor 2: The spacious master suite offers views of the pond from the bedroom as well as the private deck - well planned with bath, walk in closet, dressing area or office space.  Down the hall are two additional guest rooms, one with private bath and the other utilizes the hall bath.  A private office is also found on this level.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Patio, Tennis, C/Tennis, PvtBch, AscBch, DdBch, ScrPorch, WViews, Cov
  • Foundation Details: Poured concrete
  • Other Structures: 384 sf boathouse conveniently sited the water's edge.

Garage/Parking

  • Parking Features: Plenty

Utilities

  • Heating: Other
  • Sewer: Septic Tank
  • Utilities: Sat
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 753588
  • Zoning: RA120

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 15858
  • Tax Lot: 1.5
  • Tax Map Number: 43
  • Tax Other Annual Assessment Amount: 3164800
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Oct 6, 2016
Sold by
Aaz Nt and Reynolds
Bought by
Jacobs Neck Rt and Mccarron
Seller's Agent
Lesley Heidt
Sandpiper Realty
Buyer's Agent
Abby Rabinovitz
Tea Lane Associates
List Price
$6,500,000
Sold Price
$5,065,500
Premium/Discount to List
-$1,434,500
-22.07%
Current Estimated Value
$5,923,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,018
Avg. Annual Appreciation
1.67%
Original Mortgage
$3,060,000
Outstanding Balance
$2,268,736
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,654,782

Purchase Details

Listed on
Jul 28, 2014
Closed on
Sep 1, 2016
Sold by
Patinkin Mark
Bought by
Aaz Nt and Reynolds
Seller's Agent
Lesley Heidt
Sandpiper Realty
Buyer's Agent
Abby Rabinovitz
Tea Lane Associates
List Price
$6,500,000
Sold Price
$5,065,500
Premium/Discount to List
-$1,434,500
-22.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,060,000
Outstanding Balance
$2,268,736
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,654,782
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobs Neck Rt $5,065,500 --
Aaz Nt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Neck Rt $3,060,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2016 10/06/16 Sold $5,065,500 -22.1% $1,005 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
07/28/2014 07/28/14 For Sale $6,500,000 -- $1,290 / Sq Ft
Source: LINK (Vineyard)

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 $27,836 $10,504,100 $6,621,500 $3,882,600
2024 $26,101 $10,235,600 $6,621,500 $3,614,100
2023 $23,511 $9,329,800 $5,854,700 $3,475,100
2022 $21,278 $7,022,374 $4,793,174 $2,229,200
2021 $22,063 $6,726,604 $4,340,404 $2,386,200
2020 $22,252 $6,642,504 $4,340,404 $2,302,100
2019 $18,311 $4,731,500 $3,255,300 $1,476,200
2018 $20,093 $5,192,100 $3,649,900 $1,542,200
2017 $16,113 $4,538,800 $3,452,600 $1,086,200
2016 $15,858 $4,380,800 $3,164,800 $1,216,000
2015 $15,077 $4,345,000 $3,452,400 $892,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lesley Heidt

    Sandpiper Realty

  • A

    Buyer's Agent in 2016

    Abby Rabinovitz

    Tea Lane Associates

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 26468

APN: EDGA-000042-000001-000005

Massachusetts Dukes County Edgartown 02539 Edgartown

8 Jacobs Neck Rd, Edgartown, MA

Not Listed for Sale

Detached

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