NOT LISTED FOR SALE

Estimated Value: $2,418,000 - $6,672,000

3 Beds
2 Baths
1,639 Sq Ft
$2,850/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $849,000 $518 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $26,957/month

116 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Private Yard
  • Contemporary Architecture
  • 1 Fireplace
  • No HOA

About This Home

As of December 2017

KATAMA - The 'hottest' area of the island! Half acre lot with existing three bedroom, two bath contemporary home, on a FOUR BEDROOM lot, in a four lot subdivision being sold ''As is''. Existing home needs updating and renovation. Three additional existing houses will be demolished and rebuilt. All properties will be subject to Architectural Guidelines to develop a high end Enclave. Zoning allows a guest house of no more than 900 sq.ft. A swimming pool is allowed. Amidst a neighborhood where homes have consistently sold up to $3,000,000. Subject property is located one lot away from Field Club. Minutes to SOUTH BEACH & DOWNTOWN EDGARTOWN. There are no warranties or representations of the condition of the structure. Seasonal tenants in place until October 31, 2017. Easy to show.

Last Agent to Sell the Property

Alisan Lohan - Conway

Alisan Lohan-Conway Properties License #448002156 Listed on: 05/01/2017

Last Buyer's Agent

Alisan Lohan - Conway

Alisan Lohan-Conway Properties License #448002156 Listed on: 05/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,132

Year Built

  • Built in 1986

Lot Details

  • 0.54 Acre Lot
  • The property's road front is unimproved
  • Level Lot
  • Cleared Lot
  • Private Yard
  • Property is zoned R20

Parking

  • Open Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,639 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 361581

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,132

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Lot Size Acres: 0.54
  • Road Surface Type: Unimproved
  • Directions: Katama Road to Puwal Lane. Puwal Lane is on right before Field Club Drive. First driveway on right, house is first on left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 1639
  • Stories: 1
  • Room Bedroom3 Features: Bedroom 3
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bedroom 2
  • Master Bedroom Features: Primary Bedroom
  • Room Kitchen Features: Kitchen
  • Living Room Features: Living Room

Exterior Features

  • Exterior Features: Private Yard
  • Lot Features: Bike Path, Cleared, Level
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Clapboard, Shingle Siding
  • Foundation Details: Block, Crawl Space
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Improved Driveway

Utilities

  • Cooling: None
  • Heating: Baseboard, Forced Air
  • Sewer: Private Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Lot Size Sq Ft: 23697
  • Parcel #: 361581
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Dec 21, 2017
Sold by
Kruppers Llc
Bought by
Gross Michael P and Kaplan-Gross Kimberley J
Seller's Agent
Alisan Lohan - Conway
Alisan Lohan-Conway Properties
Buyer's Agent
Alisan Lohan - Conway
Alisan Lohan-Conway Properties
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$4,671,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,822,880
Avg. Annual Appreciation
27.52%
Original Mortgage
$764,100
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2015
Sold by
Kusinitz Stewart R
Bought by
Kruppers Llc
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
Gross Michael P $849,000 --
Kruppers Llc $2,485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaplan-Gross Kimberley J $3,280,000
Closed Kaplan-Gross Kimberley J $3,280,000
Closed Gross Michael P $764,100
Previous Owner Kusinitz Stewart R $1,380,000
Previous Owner Kusinitz Stewart R $500,000
Previous Owner Kusinitz Stewart R $1,157,000
Previous Owner Kusinitz Stewart R $420,000
Previous Owner Kusinitz Stewart R $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $849,000 0.0% $518 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $849,000 -- $518 / 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 $13,858 $5,229,400 $1,225,600 $4,003,800
2024 $11,830 $4,639,200 $1,225,600 $3,413,600
2023 $10,602 $4,207,100 $1,183,000 $3,024,100
2022 $3,588 $1,184,000 $1,166,800 $17,200
2021 $2,458 $749,300 $730,400 $18,900
2020 $3,544 $1,057,900 $826,900 $231,000
2019 $3,573 $923,300 $689,100 $234,200
2018 $3,256 $934,700 $692,800 $241,900
2017 $3,132 $882,300 $673,400 $208,900
2016 $2,976 $822,100 $637,400 $184,700
2015 $2,661 $766,900 $609,700 $157,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21711812

Martha

APN: EDGA-000036-000158-000001