NOT LISTED FOR SALE

85 Edgartown Bay Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $2,483,000 - $11,532,000

4 Beds
2 Baths
2,120 Sq Ft
$3,797/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $4,500,000 $2,123 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $45,056/month

326 Days on Market

Highlights

  • Ocean View
  • 1.8 Acre Lot
  • Fireplace
  • Waterfront
  • Deck
  • Porch

About This Home

As of April 2017

WATERFRONT HOME WITH 120' DOCK ON EDGARTOWN BAY ROAD. This property on Katama Bay has been in the same family for decades and they have retained the unusually large lot size of 1.8 acres. The acreage and house footprint enable the buyer to create a very substantial home to enjoy sweeping views of Katama Bay, the barrier beach, and the Atlantic Ocean beyond. The existing summer house with 4 bedrooms and 2 full baths is charming in its own right so the buyer can enjoy what is there while they design the house of their dreams. An attached 2 car garage was added in 2009 to store boats and/or cars. Shell-fishing at low tide and swimming when it's high. This property has it all! Sellers would like a Fall closing.

Last Agent to Sell the Property

Dee Moyer

Wallace & Co. Sotheby's Listed on: 03/17/2016

Last Buyer's Agent

Lesley Heidt

Sandpiper Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,706

Year Built

  • Built in 1958

Lot Details

  • 1.8 Acre Lot
  • Waterfront
  • Property is zoned R60

Interior Spaces

  • 2,120 Sq Ft Home
  • Fireplace
  • Ocean Views
  • Crawl Space
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38
  • $4,508,900 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,706

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: Yes
  • LotSizeAcres: 1.8
  • View: Ocean
  • Co List Office Mls Id: 741
  • Building Area Total: 2120
  • Has Fireplace?: No
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Crawl
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Yes
  • Flooring: One Story
  • Interior Amenities: OSh, Floor 1: 4 bedrooms, kitchen, living room, 2 full baths
  • Main Level Bedrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Exterior Features: PvtBch, Deck, WViews, PubBch, Porch
  • Foundation Details: Crawl

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: OFHW
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 78408
  • Land Lease Expiration Date: 2017-02-28
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 17706
  • Tax Lot: 38
  • Tax Map Number: 51
  • Tax Other Annual Assessment Amount: 4508900
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2019
Sold by
Minicus Robert G and Minicus Bridgette
Bought by
Bridgette J Minicus Ret
Current Estimated Value
$8,049,039

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 13, 2017
Sold by
Campbell C Groel Jr T
Bought by
Minicus Robert G and Minicus Bridgette
Seller's Agent
Dee Moyer
Wallace & Co. Sotheby's
Buyer's Agent
Lesley Heidt
Sandpiper Realty
List Price
$5,750,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,250,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$2,900,000
Interest Rate
3.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2008
Sold by
Campbell C Groel Jr Re and Coviello Rose F
Bought by
Mari Campbell Groel Jr and Groel Eleanor M
Source: Public Records

Range of Values:

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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
Bridgette J Minicus Ret -- --
Minicus Robert G $4,500,000 --
Mari Campbell Groel Jr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minicus Robert G $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $4,500,000 -21.7% $2,123 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
03/17/2016 03/17/16 For Sale $5,750,000 -- $2,712 / 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 $28,581 $10,785,300 $6,183,600 $4,601,700
2024 $27,001 $10,588,700 $6,183,600 $4,405,100
2023 $24,682 $9,794,600 $5,492,900 $4,301,700
2022 $32,612 $10,763,135 $8,011,935 $2,751,200
2021 $25,917 $7,901,667 $4,856,467 $3,045,200
2020 $26,471 $7,901,667 $4,856,467 $3,045,200
2019 $22,075 $5,704,200 $4,856,500 $847,700
2018 $18,951 $5,154,400 $4,856,500 $297,900
2017 $18,167 $5,117,600 $4,856,500 $261,100
2016 $17,201 $4,751,700 $4,508,900 $242,800
2015 $18,583 $5,355,300 $5,140,100 $215,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dee Moyer

    Wallace & Co. Sotheby's

  • L

    Buyer's Agent in 2017

    Lesley Heidt

    Sandpiper Realty

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 29524

APN: EDGA-000051-000038

Massachusetts Dukes County Edgartown 02539 Edgartown

85 Edgartown Bay Rd, Edgartown, MA

This home is located at 85 Edgartown Bay Rd, Edgartown, MA 02539 since 17 March 2016 and is currently estimated at $8,049,039, approximately $3,796 per square foot. This property was built in 1958. 85 Edgartown Bay Rd 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.

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