Sold for $9,523,000

$9,523,000

40 Gaines Way, Edgartown, MA 02539

4beds

3,000sqft

Single Family Residence

Built in 1955

0.46 Acres Lot

$9,335,800 Zestimate^®

$3,174/sqft

$6,952 Estimated rent

Home value

$9,335,800

$8.31M - $10.46M

$6,952/mo

Zestimate^® history

Owner options

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$6,952/mo

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$6,952/mo

Rent Zestimate^®

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$56,607/mo

Est. payment

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$56,607/mo

Est. payment

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What's special

Not listed in LINK.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Main level bedrooms: 1

Heating

Electric

Appliances

Included: Stove: Yes, Washer: Yes

Features

Ins, Irr
Flooring: wood, carpet,
Fireplace features: Two

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft

Property

Parking

Parking features: Yes, on site

Features

Exterior features: Deck, Garden, Patio, PubBch, WViews
Has view: Yes
View description: None
Frontage type: None

Lot

Size: 0.46 Acres
Features: Lovely with established plantings

Details

Parcel number: EDGAM020BB0098L2
Zoning: R5

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1955

Utilities & green energy

Sewer: Town
Water: Town
Utilities for property: Sat

Community & HOA

Location

Region: Edgartown

Financial & listing details

Price per square foot: $3,174/sqft
Tax assessed value: $6,083,400
Annual tax amount: $11,389
Date on market: 4/1/2026
Listing agreement: E

Price history

Date	Event	Price
9/5/2024	Sold	$9,523,000+182.2%$3,174/sqft
Source: LINK #42527 Report a problem
5/10/2012	Sold	$3,375,000-13.9%$1,125/sqft
Source: LINK #21785 Report a problem
10/27/2011	Price change	$3,920,000-5.5%$1,307/sqft
Source: Wallace & Co. Sotheby's International Realty #21785 Report a problem
7/22/2011	Price change	$4,150,000-6.7%$1,383/sqft
Source: Wallace & Co. Sotheby's International Realty #21785 Report a problem
6/1/2011	Listed for sale	$4,450,000$1,483/sqft
Source: Landvest, Inc #MA1410 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,321 +5.2%	$6,158,700 +1.2%
2024	$15,513 +0.7%	$6,083,400 -0.5%
2023	$15,406 -15.7%	$6,113,500 +1.3%
2022	$18,285 +5.5%	$6,034,576 +14.2%
2021	$17,335 +1.9%	$5,285,133 +4%
2020	$17,018 -11.8%	$5,079,951 +1.9%
2019	$19,290 +7.7%	$4,984,500 +7.7%
2018	$17,918 +12.7%	$4,630,100 +3.4%
2017	$15,902 -1.9%	$4,479,300
2016	$16,215 -2.2%	$4,479,300 -6.3%
2015	$16,581 +2.4%	$4,778,300 +9.2%
2014	$16,193 +5.1%	$4,376,600 +0.8%
2013	$15,408 +3.5%	$4,340,200
2012	$14,887 +34.5%	$4,340,200 +33.3%
2011	$11,067 +10%	$3,255,100
2010	$10,058 +0.8%	$3,255,100 -5.1%
2009	$9,982 +6.6%	$3,430,100
2008	$9,364 +7.2%	$3,430,100 +11.9%
2007	$8,736 -9.8%	$3,065,300 -4.1%
2006	$9,689 +36.5%	$3,197,600 +37.4%
2005	$7,098 +19.3%	$2,327,300 +37.3%
2004	$5,948 +7.8%	$1,694,600 +13%
2003	$5,519 +8.9%	$1,499,600 +52.1%
2001	$5,067 -7.2%	$985,800 +12.6%
2000	$5,462	$875,300