NOT LISTED FOR SALE

8 Tower Ln Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,310,000 - $1,696,865

3 Beds
2 Baths
1,444 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $400,000 $277 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $7,958/month

174 Days on Market

About This Home

As of May 2014

Centrally located home on the North side of Ocean Heights. At the end of the street is Sengekonacket Pond and the Town landing. Perfect for kayaking to State Beach. Also close to Caroline Tuthill Preserve for walking conservation trails out to Beach Rd. The house is a classic cape on a quiet street. The house appears to be in very good condition and will need interior upgrades. The lot is large and level and there is space for a garage. The septic has passed inspection for a three bedroom house. Town water is nearby.

Last Agent to Sell the Property

Michael Davin

Island Real Estate Listed on: 10/09/2013

Last Buyer's Agent

Fred Roven

Martha's Vineyard Buyer Agents

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1970

Lot Details

  • 0.55 Acre Lot
  • Garden
  • Property is zoned R2

Home Design

  • 1,444 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • Well
  • Cesspool
  • Cable TV Available

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Lot 6
  • $204,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Wooded
  • LotSizeAcres: 0.55
  • View: None
  • Co List Office Mls Id: 776
  • Building Area Total: 1444
  • Has Fireplace?: No
  • Year Built: 1970
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: none
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1 Wood Burning
  • Flooring: Hard wood and carpet
  • Interior Amenities: A,Ins, Floor 1: Center entrance opens to a living room on the right and a dining room on the left. Kitchen,bedroom and bath are in the rear, Floor 2: Two good-sized bedrooms and a half bath

Exterior Features

  • Pool Private: No
  • Exterior Features: Garden, PubBch
  • Foundation Details: Block

Garage/Parking

  • Parking Features: On-site

Utilities

  • Heating: Electric
  • Sewer: Cesspool
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 23958
  • Zoning: R2

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1348
  • Tax Lot: 6
  • Tax Map Number: 12B
  • Tax Other Annual Assessment Amount: 204800
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
May 28, 2014
Sold by
Burke Eleanor H and Peterson Betsy E
Bought by
Rose Krystle A
Seller's Agent
Michael Davin
Island Real Estate
Buyer's Agent
Fred Roven
Martha's Vineyard Buyer Agents
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$1,456,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,056,716
Avg. Annual Appreciation
11.86%
Original Mortgage
$380,000
Outstanding Balance
$275,443
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,181,273
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rose Krystle A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Krystle A $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $400,000 -5.9% $277 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
10/09/2013 10/09/13 For Sale $425,000 -- $294 / 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 $3,450 $1,302,000 $335,000 $967,000
2024 $2,986 $1,170,900 $335,000 $835,900
2023 $2,750 $1,091,400 $304,000 $787,400
2022 $2,377 $784,600 $288,400 $496,200
2021 $2,448 $746,200 $262,300 $483,900
2020 $1,849 $551,800 $262,300 $289,500
2019 $1,940 $501,300 $248,500 $252,800
2018 $1,665 $430,200 $248,500 $181,700
2017 $1,525 $429,700 $276,200 $153,500
2016 $1,380 $381,200 $248,500 $132,700
2015 $1,374 $395,900 $248,500 $147,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Davin

    Island Real Estate

  • F

    Buyer's Agent in 2014

    Fred Roven

    Martha's Vineyard Buyer Agents

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 25738

APN: EDGA-000012B-000006

Massachusetts Dukes County Edgartown 02539 Edgartown

8 Tower Ln, Edgartown, MA

Not Listed for Sale

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