NOT LISTED FOR SALE

978 Main St Cotuit, MA 02635

Cotuit Neighborhood

Estimated Value: $4,607,000 - $5,581,000

5 Beds
5 Baths
4,062 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $4,560,000 $1,123 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $28,155/month

About This Home

Set on a bluff overlooking Cotuit Bay, Sampsons Island, and Nantucket Sound, this turnkey residence blends classic Cape Cod charm with modern luxuries in the heart of Cotuit Village. An open layout seamlessly connects the living room, dining area, and kitchen to a waterfront terrace accessed through floor-to-ceiling glass doors.The brand new gourmet kitchen is outfitted with custom cabinetry and millwork, as well as Miele and Sub-Zero appliances, including a Miele coffee station. Ideal for entertaining, the open-concept living room is equipped with a custom bar concealed behind a motorized artwork panel. The residence presents five bedrooms, including a spacious primary suite with a private balcony and a secluded guest suite on the third floor. The waterside terrace is perfect for al fresco dining and is equipped with a new built-in Blaze grill. A set of stairs lead from the backyard to the water, providing access for swimming, kayaking, and more.Additional recent updates include a lawn and bed irrigation system, wifi-controlled HVAC, tempered fresh air exchange system, and a Sonos music system.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2023
Closed on
Aug 23, 2023
Sold by
Maloomian Dennis and Maloomian Leeann
Bought by
Clark James D and Clark Christine D
Seller's Agent
Paul Grover
Berkshire Hathaway HomeServices Robert Paul Properties
Buyer's Agent
virginia guimond
William Raveis Real Estate & Home Services
List Price
$4,995,000
Sold Price
$4,560,000
Premium/Discount to List
-$435,000
-8.71%
Views
289
Current Estimated Value
$5,004,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,519
Avg. Annual Appreciation
3.76%
Original Mortgage
$2,000,000
Outstanding Balance
$1,953,774
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,050,745

Purchase Details

Listed on
Feb 15, 2019
Closed on
Mar 1, 2019
Sold by
Joe Cerretani Ft and Cerretani
Bought by
Maloomian Dennis and Maloomian Leeann
Seller's Agent
Paul Grover
Robert Paul Properties, Inc.
Buyer's Agent
Robert Kinlin
Robert Paul Properties, Inc.
List Price
$2,995,000
Sold Price
$2,950,000
Premium/Discount to List
-$45,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Nov 29, 2018
Sold by
Cerretani Joseph S
Bought by
Joe Cerretani Ft and Cerretani

Purchase Details

Closed on
Jul 20, 1993
Sold by
Browne Gordon M and Browne Edith C
Bought by
Cerretani Joseph S and Cerretani Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
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
Clark James D $4,560,000 None Available
Maloomian Dennis $2,950,000 --
Joe Cerretani Ft -- --
Cerretani Joseph S $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark James D $2,000,000
Previous Owner Cerretani Joseph S $450,000
Previous Owner Cerretani Joseph S $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $4,560,000 -8.7% $1,123 / Sq Ft View Prior Sale
06/20/2023 06/20/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $4,995,000 +69.3% $1,230 / Sq Ft
03/05/2019 03/05/19 Sold $2,950,000 -1.5% $726 / Sq Ft View Prior Sale
02/27/2019 02/27/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $2,995,000 -- $737 / Sq Ft

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 $28,486 $3,411,500 $1,862,200 $1,549,300
2024 $34,633 $4,395,000 $2,830,500 $1,564,500
2023 $23,719 $2,833,800 $1,625,200 $1,208,600
2022 $31,152 $3,012,800 $1,906,100 $1,106,700
2021 $31,387 $2,842,800 $1,906,100 $936,700
2020 $23,974 $2,047,300 $1,178,800 $868,500
2019 $22,551 $1,898,200 $1,223,900 $674,300
2018 $23,749 $1,999,100 $1,288,300 $710,800
2017 $23,179 $1,964,300 $1,288,300 $676,000
2016 $22,701 $1,972,300 $1,296,300 $676,000
2015 $21,125 $1,833,800 $1,245,600 $588,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Grover

    Seller's Agent in 2023

    Paul Grover

    Berkshire Hathaway HomeServices Robert Paul Properties

    (508) 420-1448

    39 in this area

    218 Total Sales

    Paul Grover
    Section Image
  • virginia guimond

    Buyer's Agent in 2023

    virginia guimond

    William Raveis Real Estate & Home Services

    (774) 238-0027

    12 in this area

    52 Total Sales

    virginia guimond
    Section Image

  • R

    Buyer's Agent in 2019

    Robert Kinlin

    Robert Paul Properties, Inc.

See All Agents

Map

Massachusetts Barnstable County Cotuit 02635 Cotuit

978 Main St, Cotuit, MA

Not Listed for Sale

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