NOT LISTED FOR SALE

98 Peases Point Way N Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $1,847,000 - $5,306,000

0.5 Acre
$8,122,650 Price per Acre
21,780 Sq Ft Lot

Last Sold January 25, 2021

Last sale price $3,012,500

Est. 35% increase in value since last sale

Current estimated payment $23,029/month

122 Days on Market

About This Lot

As of January 2021

In-town building lot ~ One of the last opportunities to build new on a significant size parcel in the Village, just blocks from Eel Pond, Fuller Street and Lighthouse beaches, the harbor and Main Street. This premier location on Pease's Point Way North awaits a substantial compound and is ready to be built-on. Six bedrooms are allowed and town sewer, town water and utilities are all in place.

Last Listed By

Courtney Marek

Sandpiper Realty Inc License #448003295 Listed on: 08/26/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,524

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 272.00 x 80.00
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Additional Land
  • Property is zoned R20

Utilities

  • Underground Utilities
  • Electricity To Lot Line
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include road maintenance

Listing and Financial Details

  • Assessor Parcel Number 20B722

Property Details

Property Type

Land

Est. Annual Taxes

$5,524

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 272.00 x 80.00
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Co List Office Mls Id: SAND
  • Co List Office Phone: 508-627-3737
  • Directions: Main Street to Pease's Point Way North. Parcel on the left past the EYC Club property.
  • Special Features: None

Exterior Features

  • Lot Features: Additional Land Avai, Level, Cleared
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Underground Utilities
  • Electric: On Site, Underground
  • Electricity On Property: Yes
  • Water Source: Public on Street

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance

Lot Info

  • Zoning: R20
  • Lot Size Sq Ft: 21787
  • Parcel #: 20B722
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5524
  • Tax Book Number: 729-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Jan 21, 2021
Sold by
Ox Pond Knoll Nt
Bought by
Gray Lane Llc
Seller's Agent
Courtney Marek
Sandpiper Realty Inc
Buyer's Agent
Stephanie Roache
Donnelly + Co.
List Price
$3,450,000
Sold Price
$3,012,500
Premium/Discount to List
-$437,500
-12.68%
Total Days on Market
122
Current Estimated Value
$4,061,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,825
Avg. Annual Appreciation
7.25%

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
Gray Lane Llc $3,012,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $3,012,500 -12.7% --
12/27/2020 12/27/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $3,450,000 -- --
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
2024 $4,855 $1,904,000 $1,904,000 $0
2023 $4,876 $1,934,800 $1,934,800 $0
2022 $6,275 $2,070,800 $2,070,800 $0
2021 $5,680 $1,731,600 $1,731,600 $0
2020 $5,525 $1,649,200 $1,649,200 $0
2019 $6,382 $1,649,200 $1,649,200 $0
2018 $5,851 $1,511,800 $1,511,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Courtney Marek

    Seller's Agent in 2021

    Courtney Marek

    Sandpiper Realty Inc

    (508) 962-1808

    32 in this area

    50 Total Sales

    Courtney Marek
    Section Image
  • Lesley Heidt

    Seller Co-Listing Agent in 2021

    Lesley Heidt

    Sandpiper Realty Inc

    (508) 989-2011

    30 in this area

    52 Total Sales

    Lesley Heidt
    Section Image
  • Stephanie Roache

    Buyer's Agent in 2021

    Stephanie Roache

    Donnelly + Co.

    (508) 560-7074

    37 in this area

    78 Total Sales

    Stephanie Roache
    Section Image
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Map

Source: Martha's Vineyard MLS

MLS Number: 32000449

Martha

APN: 20 B 72 2

Massachusetts Dukes County Edgartown 02539 Edgartown

98 Peases Point Way N, Edgartown, MA

Homes for Sale in Edgartown, MA

This home is located at 98 Peases Point Way N, Edgartown, MA 02539 since 26 August 2020 and is currently estimated at $4,061,325. 98 Peases Point Way N is a home located in Dukes County 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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