$599,000
SOLD MAY 25, 2018
0.5 Acre
$1,198,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

$193 Per Sq Ft

1 Day on Market

Highlights

  • Property is near a marina
  • No HOA
  • Bike Trail
  • Wooded Lot
  • Tennis Courts
  • Level Lot

About This Lot

As of January 2020

Katama vacant land that will support a 4 bedroom home when served by town water and standard Title 5 septic system.

Last Agent to Sell the Property

Stephanie Roache

Sandpiper Realty Inc License #448012467 Listed on: 03/30/2018

Last Buyer's Agent

Frank Markwica

Sandpiper Realty Inc License #448007652

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,632

Lot Details

  • 0.5 Acre Lot
  • The property's road front is unimproved
  • Dirt Road
  • Near Conservation Area
  • Level Lot
  • Wooded Lot
  • Property is zoned R20

Additional Features

  • Property is near place of worship
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36178

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail
  • Property is near a marina

Property Details

Property Type

Land

Est. Annual Taxes

$1,632

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Dirt, Unimproved
  • Directions: Herring Creek Road, right onto Pradas Way. Lot is 5th on the right side.
  • Special Features: None

Exterior Features

  • Lot Features: Bike Path, Shopping, School, Public Tennis, Marina, House of Worship, Conservation Area, Level, Wooded
  • Waterfront: No

Utilities

  • Utilities: Cable Available
  • Electric: At Street
  • Telephone: At Street
  • Electricity On Property: No

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R20
  • Lot Size Sq Ft: 21780
  • Parcel #: 36178
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1631.86
  • Tax Book Number: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2019
Closed on
Jan 10, 2020
Sold by
Arch Building & Home Dev
Bought by
Ybd Rt
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Jennifer DaSilva
Compass Massachusetts, LLC
List Price
$2,295,000
Sold Price
$2,295,000
Current Estimated Value
$3,908,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,613,274
Avg. Annual Appreciation
11.09%
Original Mortgage
$1,836,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jun 7, 2019
Sold by
Mv Land & Sea Inc
Bought by
Arch Building & Home Dev
Seller's Agent
Wendy Harman
Compass | Point B
Buyer's Agent
Wendy Harman
Compass | Point B
Sold Price
$685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
561.39%

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 25, 2018
Sold by
Porter Paul
Bought by
Mv Land & Sea Inc
Seller's Agent
Stephanie Roache
Sandpiper Realty Inc
Buyer's Agent
Frank Markwica
Sandpiper Realty Inc
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$599,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1973
Bought by
Porter Paul
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 Type Sale Price Title Company
Not Resolvable $2,295,000 None Available
Not Resolvable $685,000 --
Not Resolvable $599,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,511,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,500,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,836,000 Purchase Money Mortgage
Previous Owner $599,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $2,295,000 0.0% $765 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
06/16/2019 06/16/19 For Sale $2,295,000 +235.0% $765 / Sq Ft
06/10/2019 06/10/19 Sold $685,000 +14.4% $221 / Sq Ft
05/25/2018 05/25/18 Sold $599,000 0.0% $193 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $599,000 -- $193 / Sq Ft
Source: Martha's Vineyard MLS

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 $9,076 $3,424,800 $856,800 $2,568,000
2024 $8,394 $3,291,600 $856,800 $2,434,800
2023 $7,801 $3,095,600 $740,700 $2,354,900
2022 $6,615 $2,183,200 $695,300 $1,487,900
2021 $6,735 $2,053,500 $604,700 $1,448,800
2020 $1,565 $467,300 $467,300 $0
2019 $1,755 $453,500 $453,500 $0
2018 $1,596 $412,300 $412,300 $0
2017 $1,561 $439,800 $439,800 $0
2016 $1,443 $398,600 $398,600 $0
2015 $1,383 $398,600 $398,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21801911

Martha

APN: EDGA-000036-000178