NOT LISTED FOR SALE

Estimated Value: $1,211,000 - $2,453,065

2 Beds
1 Bath
856 Sq Ft
$2,315/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2020

Last sale price $1,550,000 $1,811 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,682 / mo

395 Days on Market

About This Home

As of November 2020

An incredible opportunity to create an expansive family compound or take advantage of a recently approved 3-lot subdivision. Each of the 3 lots are conforming in the R5 residential district. One of the lots has a charming 1942 2-bedroom residence. Substantial clearing has been completed, leaving many mature trees. The road system has been installed, as well as fencing. There is town water and sewer in place. This represents a rare opportunity, all within walking distance to Edgartown center.

Last Agent to Sell the Property

Gerrett Conover

Landvest MV Listed on: 07/05/2019

Last Buyer's Agent

Cheri Mason

Landvest MV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1942

Lot Details

  • 0.93

Home Design

  • 856 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 40,510 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 110
  • $285,700 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,763

Year Built

Built in 1942

Lot Details

0.93 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi Family
  • Frontage: None
  • Lot Features: Small private yard
  • LotSizeAcres: 0.93
  • View: None, Res
  • Co List Office Mls Id: 786
  • Building Area Total: 856
  • Year Built: 1942
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: 1

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Off street driveway parking

Utilities

  • Heating: GFHW
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 40510
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1762.61
  • Tax Lot: 110
  • Tax Map Number: 20C
  • Tax Other Annual Assessment Amount: 285700
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Nov 12, 2020
Sold by
Facingwestventures Llc
Bought by
87 West Tisbury Road Llc
Seller's Agent
Gerrett Conover
Landvest MV
Buyer's Agent
Cheri Mason
Landvest MV
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%
Current Estimated Value
$1,981,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,266
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 18, 2017
Sold by
Virginia Compa Ret and Power
Bought by
Facingwestventures Llc
Seller's Agent
Douglas Reece
RE/MAX on Island
Buyer's Agent
Ezra Sherman
Sandpiper Realty Inc
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%
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
87 West Tisbury Road Llc $1,550,000 None Available
87 West Tisbury Road Llc $1,550,000 None Available
87 West Tisbury Road Llc $1,550,000 None Available
Facingwestventures Llc $825,000 --
Facingwestventures Llc $825,000 --
Facingwestventures Llc $825,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $1,550,000 -11.4% $1,811 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/05/2019 07/05/19 For Sale $1,750,000 +112.1% $2,044 / Sq Ft
03/18/2017 03/18/17 Sold $825,000 0.0% $964 / Sq Ft View Prior Sale
03/09/2017 03/09/17 Pending -- -- --
01/18/2017 01/18/17 Sold $825,000 0.0% $964 / Sq Ft View Prior Sale
01/18/2017 01/18/17 For Sale $825,000 0.0% $964 / Sq Ft
10/25/2016 10/25/16 For Sale $825,000 -- $964 / 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 $2,136 $806,000 $315,700 $490,300
2024 $1,990 $780,200 $315,700 $464,500
2023 $1,647 $653,500 $286,400 $367,100
2022 $1,585 $523,000 $286,400 $236,600
2021 $1,759 $536,300 $314,200 $222,100
2020 $1,491 $445,100 $285,700 $159,400
2019 $1,723 $445,100 $285,700 $159,400
2018 $1,392 $413,700 $285,700 $128,000
2017 $1,360 $383,000 $285,700 $97,300
2016 $1,353 $373,700 $285,700 $88,000
2015 $1,255 $361,600 $285,700 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 35504

APN: EDGA-000020C-000110

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