$310,000
SOLD MAY 18, 2016
2.5 Acres
$124,000 Price per Acre
108,900 Sq Ft Lot

Recently Sold

32% Below List Price

668 Days on Market

About This Lot

As of March 2023

Stunning 2.5 acre property abutting beautiful 25 acre Coffins Field and surrounded by sizeable private lands ranging from 45-200 acres.  The property enjoys lovely sunsets and sweeping vistas of the south shore meadows and woodlands while hearing the enchanting sound of the ocean waves nearby. (SEE 360 DEGREE VISTAS FROM DIFFERENT ELEVATIONS INCLUDING SOUTH SHORE WATER VIEWS) The property straddles the Edgartown West Tisbury border with 1.87 acres in Edgartown and 0.63 acres in West Tisbury.   Coffins Field is conservation land for the Coffins Field homeowners association. DRIVE-BYS AND WALK-A-ROUNDS WELCOME!  Easy access on excellent flat roads! Offered well below assessed value! Includes access to Lambert's Cove Beach.

Last Agent to Sell the Property

Robert Kenney

Tea Lane Associates Listed on: 06/17/2014

Last Buyer's Agent

Abbe Burt

Burt Real Estate

Property Details

Property Type

Land

Est. Annual Taxes

$5,219

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Co List Office Mls Id: 719
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 108900
  • Number Of Lots: 2
  • Land Lease Expiration Date: 2016-09-15
  • Zoning: RA120

Tax Info

  • Tax Annual Amount: 2000
  • Tax Lot: EDG 6, WT 55
  • Tax Map Number: EDG 40, WT 37
  • Tax Other Annual Assessment Amount: 506100
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
May 18, 2016
Sold by
Moltz Evan and Morita-Moltz Janet
Bought by
Martone Patrick M and Martone Maureen M
Seller's Agent
Non Member
mv.unknownoffice
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$2,769,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,459,515
Avg. Annual Appreciation
28.14%
Original Mortgage
$232,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Open $1,400,000 Purchase Money Mortgage
Closed $232,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $1,750,000 -32.6% $465 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $2,595,000 +737.1% $690 / Sq Ft
05/18/2016 05/18/16 Sold $310,000 0.0% --
05/18/2016 05/18/16 Sold $310,000 0.0% --
05/18/2016 05/18/16 For Sale $310,000 -31.9% --
04/15/2016 04/15/16 Pending -- -- --
06/17/2014 06/17/14 For Sale $455,000 -- --
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 $5,219 $1,969,400 $633,900 $1,335,500
2024 $4,875 $1,911,800 $633,900 $1,277,900
2023 $4,049 $1,606,800 $647,100 $959,700
2022 $3,835 $1,265,600 $647,100 $618,500
2021 $4,158 $1,267,700 $548,900 $718,800
2020 $2,271 $677,800 $548,900 $128,900
2019 $2,124 $548,900 $548,900 $0
2018 $2,094 $548,900 $548,900 $0
2017 $1,949 $548,900 $548,900 $0
2016 $1,569 $433,500 $433,500 $0
2015 $1,379 $397,400 $397,400 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 26926

APN: EDGA-000040-000006