NOT LISTED FOR SALE

Estimated Value: $4,332,000 - $5,464,000

4 Beds
4 Baths
3,400 Sq Ft
$1,475/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $2,725,000 $801 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $28,668/month

1 Day on Market

About This Home

As of July 2020

NEW CONSTRUCTION, near Edgartown Village! approx. 3,400 square feet of open living space. The Great Room has a dramatic Two Story wall of windows which surround a gas fireplace. In addition to the dramatic Great Room there is a first floor study, a first floor master-en-suite, a mud room and separate laundry area. The Gourmet Kitchen, with it's central island, opens to the dining room which flows into the Great Room. The second floor offers a second master-en-suite, as well as two additional bedrooms which share a full bath. Architecturally designed and plotted detached two car garage. This property supports five bedrooms, currently there are four bedrooms in the main home. The fifth bedroom could be incorporated above the future two car garage.

Last Agent to Sell the Property

Michele Casavant

Vineyard Village Realty Listed on: 08/31/2019

Last Buyer's Agent

Michele Casavant

Vineyard Village Realty Listed on: 08/31/2019

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,757

Year Built

2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 865
  • Special Features: None
  • Year Built: 2020

Interior Features

  • Appliances: Stove: yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1 Gas
  • Interior Amenities: AC,Ins,Irr,OSh
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Foundation Details: full/poured

Garage/Parking

  • Parking Features: plenty of off street parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 21780
  • Land Lease Expiration Date: 2020-12-31
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 97.5
  • Tax Map Number: 29A
  • Tax Other Annual Assessment Amount: 687600
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Jul 14, 2020
Sold by
Msk Llc
Bought by
Zimmer Erik and Zimmer Susan
Seller's Agent
Michele Casavant
Vineyard Village Realty
Buyer's Agent
Michele Casavant
Vineyard Village Realty
List Price
$2,800,000
Sold Price
$2,725,000
Premium/Discount to List
-$75,000
-2.68%
Current Estimated Value
$5,013,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,288,335
Avg. Annual Appreciation
13.02%
Original Mortgage
$1,500,000
Outstanding Balance
$1,338,962
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,674,373

Purchase Details

Closed on
Nov 9, 2018
Sold by
Katama South Holdings
Bought by
Msk Llc

Purchase Details

Closed on
Feb 1, 2018
Sold by
Seacoast Developers Ll
Bought by
Katama South Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,063,128
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
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
Zimmer Erik $2,725,000 None Available
Msk Llc -- --
Katama South Holdings -- --
Seacoast Developers Ll $3,958,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmer Erik $1,500,000
Previous Owner Katama South Holdings $4,063,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $2,725,000 -2.7% $801 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $2,800,000 -- $824 / 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 $11,757 $4,436,500 $1,016,200 $3,420,300
2024 $10,855 $4,257,000 $1,016,200 $3,240,800
2023 $10,563 $4,191,800 $1,058,800 $3,133,000
2022 $8,104 $2,674,700 $998,300 $1,676,400
2021 $6,292 $1,918,200 $907,700 $1,010,500
2020 $2,764 $825,200 $825,200 $0
2019 $3,459 $893,900 $893,900 $0
2018 $3,459 $893,900 $893,900 $0
2017 $2,441 $687,600 $687,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 35753

APN: EDGA-000029A-000097-000005