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8 Tower Lane

8 Tower Lane, Edgartown, MA 02539
Property in Edgartown
Sold May 28, 2014
$400,000
$380,000 by Cape Cod Five Cents Savings Ba
Mortgage Due May 28, 2044
8 Tower Lane in Edgartown, MA was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8 Tower Lane has 2,100 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 23,958 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a space/suspended heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8 Tower Lane sold most recently in Jan 1, 1970 for a total of $400,000. If you work out the math, that's approximately a cost of $190.48 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,986 in taxes each year. 8 Tower Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,170,900. If we break it down further, the land itself was valued at $335,000. Improvements to the property, however, were assessed at a total of $835,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 2,100
  • Gross Building Area: 3,607
  • Building Area: 2,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heated Square Feet: 2,100
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROSE KRYSTLE A
  • Previous Owner : BURKE ELEANOR H
  • Previous Owner 2: PETERSON BETSY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martha's Vineyard School District
  • Census Tract: 200300

Geography

  • Account Number: B2720
  • Parcel: EDGA M:012B B:0006 L:
  • Block: 6
  • Municipality: EDGARTOWN
  • Latitude: 41.4014
  • Longitude: -70.5503

    Address

  • Full Address: 8 Tower Ln
  • Address - House Number: 8
  • Address - Street Name: Tower
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Edgartown
  • Carrier Code: R006
  • 4-Digit Zip Code: 6701
  • Zip Code: 02539

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,986

    Appraisal Valuation

  • Standard Deviation: 0.2464
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 1,309,606
  • High Value: 1,632,336
  • Low Value: 986,877

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: CAPE COD FIVE CENTS SAVINGS BA
  • First Open Lien Mortgage Recording Date: May 28, 2014
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 28, 2044
  • Second Open Lien Mortgage Lender: CAPE COD FIVE CENTS SAVINGS BA
  • Second Open Lien Mortgage Recording Date: May 31, 2018
  • Second Open Lien Mortgage Loan Amount: $148,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Closed-end Mortgage
  • Second Open Lien Mortgage Loan Due Date: May 01, 2043

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,170,900
  • Assessed Land Value: $335,000
  • Assessed Improvements Value: $835,900

    Sales

  • Current Sale Recording Date: May 28, 2014
  • Current Sale Transaction ID: 1183337548
  • Current Sale Price: $400,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 3125

    Last Sale Mortgage

  • First Mortgage Lender: CAPE COD FIVE CENTS SAVINGS BA
  • First Mortgage Transaction Date: May 28, 2014
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 28, 2044

    Financing

  • First Mortgage Financing Type: Unknown

About Dukes



Similar Buildings

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Nearby Rentals

Unit for rent at 97 3rd St N, Edgartown, MA, 02539

$7,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,168 ft²
97 3rd St N, Edgartown, MA, 02539 Listing by Fine Homes Group

Frequently Asked Questions

What neighborhood is 8 Tower Lane located in?
The 8 Tower Lane is a located in the neighborhood of Edgartown in Dukes, Edgartown.
What is the average sales price for listings in 8 Tower Lane?
The average sales price for units in 8 Tower Lane is $0 currently.

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