NOT LISTED FOR SALE

97 12th St N Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,101,000 - $1,214,000

0.55 Acre
$2,095,380 Price per Acre
23,958 Sq Ft Lot

Last Sold August 26, 2019

Last sale price $337,500

Est. 254% increase in value since last sale

Current estimated payment $6,735/month

4 Days on Market

About This Lot

As of August 2019

Just two lots up from The Boulevard this Ocean Heights property gives you access to the public boat landing where you can launch your vessel and cross Sengykontacket Pond and jump off the "jaw's bridge" into Nantucket Sound. This is a special neighborhood where you can appreciate a relaxed pace, "off the beaten path" yet have access to everything Martha's Vineyard has to offer. This large .55 acre lot is ready for you to build your dream home and could support a 3 bedroom residence with enhanced septic system and Town water. This is raw land. There are no utilities, water or septic system in place. Also available to you is the 150 Acre Sheriff's Meadow Foundation's Caroline Tuthill Preserve with miles of trails you are invited to nature walk, mountain bike and enjoy the Vineyard's natural beauty and wildlife.

Last Agent to Sell the Property

Janna O'Loughlin

Portfolio Real Estate, Inc. Listed on: 04/11/2019

Last Buyer's Agent

Janna O'Loughlin

Portfolio Real Estate, Inc. Listed on: 04/11/2019

Property Details

Property Type

Land

Est. Annual Taxes

$2,609

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Co List Office Mls Id: 768
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 23958
  • Land Lease Expiration Date: 2019-12-07
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 979
  • Tax Lot: 304
  • Tax Map Number: 11A
  • Tax Other Annual Assessment Amount: 248500
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Aug 26, 2019
Sold by
Cervone Victoria A
Bought by
Ocean Heights Nt
Seller's Agent
Janna O'Loughlin
Portfolio Real Estate, Inc.
Buyer's Agent
Janna O'Loughlin
Portfolio Real Estate, Inc.
List Price
$370,000
Sold Price
$337,500
Premium/Discount to List
-$32,500
-8.78%
Current Estimated Value
$1,196,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,750
Avg. Annual Appreciation
24.14%
Original Mortgage
$500,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2019
Closed on
Aug 2, 2019
Sold by
Ulsamer Richard A
Bought by
Cervone Victoria A
Seller's Agent
Janna O'Loughlin
Portfolio Real Estate, Inc.
Buyer's Agent
Janna O'Loughlin
Portfolio Real Estate, Inc.
List Price
$370,000
Sold Price
$337,500
Premium/Discount to List
-$32,500
-8.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Ocean Heights Nt -- --
Cervone Victoria A $337,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervone Victoria A $245,000
Open Cervone Victoria A $505,000
Closed Cervone Victoria A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $337,500 -8.8% --
04/15/2019 04/15/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $370,000 -- --
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 $2,609 $984,700 $332,500 $652,200
2024 $2,284 $895,800 $332,500 $563,300
2023 $2,097 $832,100 $301,700 $530,400
2022 $1,877 $619,400 $286,600 $332,800
2021 $1,002 $305,600 $260,600 $45,000
2020 $879 $262,300 $262,300 $0
2019 $962 $248,500 $248,500 $0
2018 $1,020 $248,500 $248,500 $0
2017 $981 $276,200 $276,200 $0
2016 $900 $248,500 $248,500 $0
2015 $862 $248,500 $248,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Janna O'Loughlin

    Portfolio Real Estate, Inc.

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 35020

APN: EDGA-000011A-000304

Massachusetts Dukes County Edgartown 02539 Edgartown

97 12th St N, Edgartown, MA

This home is located at 97 12th St N, Edgartown, MA 02539 since 11 April 2019 and is currently estimated at $1,152,459. 97 12th St N is a home 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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