NOT LISTED FOR SALE

40 Peases Point Way N Edgartown, MA 02539

Edgartown Neighborhood

Estimated Value: $5,352,000 - $6,433,000

4 Beds
4 Baths
2,784 Sq Ft
$2,112/Sq Ft Est. Value

Last Sold January 24, 2018

Last sale price $1,550,000 $557 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $32,184/month

491 Days on Market

About This Home

As of January 2018

EDGARTOWN HISTORIC IN TOWN RESIDENCE features 4 bedrooms and 3.5 baths!  Strong existing rental history in place! Spacious sun filled rooms with hardwood flooring, lots of windows, and a  wood burning fireplace.. Eat in kitchen with cathedral ceiling ...Original custom built in cabinetry throughout home..Cozy den / study, formal dining room…Many intimate spaces throughout ..! This fabulous property is a block to Main Street where all the galleries, shops, restaurants, harbor and all the wonderful amenities that make Edgartown a destination! Tastefully landscaped yard provides privacy for the exterior deck along with off street parking!

Last Agent to Sell the Property

Marilyn Moses

Ocean Park Realty Inc Listed on: 07/12/2016

Last Buyer's Agent

Peyton Wallace

Studio Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,798

Year Built

1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 787
  • Special Features: None
  • Year Built: 1850

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Full Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Interior Amenities: Ins,OSh, Floor 1: Open floor plan with large living room, eat-in kitchen and spacious dining room. 1st Floor Master Bedroom with En Suite is off of den. Includes a second bedroom, half bath and library., Floor 2: Master bedroom, study, Cedar closet, 2 full baths and second bedroom.
  • Main Level Bedrooms: 2
  • Total Bedrooms: 13

Exterior Features

  • Pool Private: No
  • Foundation Details: Yes

Garage/Parking

  • Parking Features: Yes

Utilities

  • Sewer: Unknown
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 10019
  • Land Lease Expiration Date: 2018-03-24
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5441
  • Tax Lot: 71.12
  • Tax Map Number: 20
  • Tax Other Annual Assessment Amount: 777600
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Schaefer David J
Bought by
White Rock Mvy Llc
Current Estimated Value
$5,879,229

Purchase Details

Listed on
Jul 12, 2016
Closed on
Jan 23, 2018
Sold by
Graham Stephen and Graham Ann
Bought by
Schaefer David J
Seller's Agent
Marilyn Moses
Ocean Park Realty Inc
Buyer's Agent
Peyton Wallace
Studio Realty
List Price
$1,969,000
Sold Price
$1,550,000
Premium/Discount to List
-$419,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.30%
Original Mortgage
$1,240,000
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2016
Sold by
Ann B Graham T
Bought by
Graham Stephen and Graham Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Blumberg Edgartown Rt
Bought by
Ann B Graham T
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
White Rock Mvy Llc $4,195,000 None Available
Schaefer David J $1,550,000 --
Graham Stephen -- --
Ann B Graham T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Rock Mvy Llc $2,726,750
Previous Owner Schaefer David J $1,240,000
Previous Owner Graham Stephen $285,000
Previous Owner Ann B Graham T $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2018 01/24/18 Sold $1,550,000 0.0% $557 / Sq Ft
01/23/2018 01/23/18 Sold $1,550,000 0.0% $557 / Sq Ft
01/23/2018 01/23/18 For Sale $1,550,000 -21.3% $557 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
07/12/2016 07/12/16 For Sale $1,969,000 -- $707 / Sq Ft
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 $11,798 $4,451,900 $1,473,800 $2,978,100
2024 $10,224 $4,009,400 $1,473,800 $2,535,600
2023 $10,180 $4,039,800 $1,418,000 $2,621,800
2022 $7,684 $2,535,900 $1,102,900 $1,433,000
2021 $6,101 $1,860,200 $1,106,800 $753,400
2020 $5,556 $1,658,500 $1,106,800 $551,700
2019 $7,587 $1,960,500 $976,600 $983,900
2018 $5,414 $1,798,300 $940,600 $857,700
2017 $5,293 $1,490,900 $777,600 $713,300
2016 $5,397 $1,490,900 $777,600 $713,300
2015 $4,808 $1,385,700 $703,000 $682,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Non Member

    mv.unknownoffice

  • M

    Seller's Agent in 2018

    Marilyn Moses

    Ocean Park Realty Inc

  • P

    Buyer's Agent in 2018

    Peyton Wallace

    Studio Realty

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 30600

APN: EDGA-000020D-000071-000012

Massachusetts Dukes County Edgartown 02539 Edgartown

40 Peases Point Way N, Edgartown, MA

This home is located at 40 Peases Point Way N, Edgartown, MA 02539 since 12 July 2016 and is currently estimated at $5,879,229, approximately $2,111 per square foot. This property was built in 1850. 40 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.

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