NOT LISTED FOR SALE

Estimated Value: $2,171,000 - $7,753,000

1.5 Acres
$2,816,445 Price per Acre
65,340 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $2,495,000

Est. 69% increase in value since last sale

Current estimated payment $23,658/month

32 Days on Market

Highlights

  • 1.5 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of October 2022

IDYLLIC BUILDING OPPORTUNITY IN KATAMA. Located on a lightly traveled lane between Green Hollow and Witchwood, this beautiful and private 1.5-acre parcel offers the perfect opportunity for you to design and build your very own signature island retreat in Katama -- including the possibility of a Main House, Guest House pool and more! This conforming R-60 property will currently support SIX (6) BEDROOMS with a standard Title 5 septic system -- and there possibility of EIGHT BEDROOMS, subject to an approved variance for an enhanced treatment system. This property is ideally located within a mile of Edgartown Village and right off the bike path that connects to the village and South Beach!

Last Listed By

Wendy Harman

Compass Listed on: 06/23/2022

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,392

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R60

Additional Features

  • Electricity Available at Street
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number M:0029 B:0141 L:,3770105

Property Details

Property Type

Land

Est. Annual Taxes

$3,392

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Utilities

  • Sewer: Other
  • Gas: None
  • Electric: Nearby
  • Water Source: Other

Lot Info

  • Parcel Number: M:0029 B:0141 L:,3770105
  • Zoning: R60
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wooded
  • Lot Size Acres: 1.5
  • Lot Size Area: 1.5
  • Lot Size Sq Ft: 65340
  • Lot Size Units: Acres
  • PAGE: 271
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3392
  • Tax Book Number: 884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2011
Sold by
Jones Elizabeth W
Bought by
Elizabeth W Jones Ret and Jones Elizabeth W
Total Days on Market
32
Current Estimated Value
$4,224,667

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
Elizabeth W Jones Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Generations Park Llc $5,636,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $2,495,000 0.0% --
07/26/2022 07/26/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $2,495,000 -- --
Source: MLS Property Information Network (MLS PIN)

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
2024 $2,833 $1,111,000 $1,111,000 $0
2023 $2,821 $1,119,400 $1,119,400 $0
2022 $3,392 $1,119,400 $1,119,400 $0
2021 $3,214 $980,000 $980,000 $0
2020 $3,717 $1,109,500 $1,109,500 $0
2019 $3,578 $924,600 $924,600 $0
2018 $3,362 $924,600 $924,600 $0
2017 $3,190 $898,700 $898,700 $0
2016 $2,856 $789,000 $789,000 $0
2015 $2,619 $754,700 $754,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73002634

MLS Property Information Network (MLS PIN)

APN: EDGA-000029-000140-000001