16 Sparrow Lane, Edgartown, MA 02539

16 Sparrow Lane Edgartown MA 02539
Owner Information
Owner 1
John R Finnigan III
Owner 2
Owner's Address
Box 545 Edgartown, MA 02539
Market Sale Information
Most recent sale date
1/10/1994
Previous sale date
1/10/1994
Transfer document #
0047-0005
Previous transfer document
0047-0003
Grantor
Alice M Hine
Previous grantor
Dodgers Hole Corp
Most recent sale price
$35,000.00
Previous sale price
$1.00
Site Information
Property ID
10-50
Lot Size
0.6
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1994
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1365
Number of Kitchen
Gross Living Area
2678
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$351,400.00
Total value
$815,300.00
Building value
$457,900.00
Estimated tax
$2,079.00
Yard improvement value
$6,000.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 16 Sparrow Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $25.64 Style Colonial Age 1994 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2678 Heating Fuel Gas Detached Garage Lot Size 0.6 Roof Cover Asph/F Gls/Cmp AEM Value - Building $457,900.00 AEM Value - Land $351,400.00 AEM Value - Other $6,000.00 AEM Value - Total $815,300.00
A) 61 Dodgers Hole Road 0.1 9/3/2024 $686,000 1,392 2 $492.82 Colonial 1987 5 3 2 0 3212 Oil 0.51 Asph/F Gls/Cmp $446,900 $335,000 $1,700 $783,600
B) 46 Windsor Drive 0.2 5/6/2024 $1,195,000 1,520 1.75 $786.18 Cape Cod 1987 5 3 2 0 2572 Electric 0.52 Asph/F Gls/Cmp $538,600 $336,600 $700 $875,900
C) 23 Edgewood Drive 0.3 6/14/2024 $1,245,000 1,439 2 $865.18 Cape Cod 1986 6 3 2 0 2836 Electric 0.51 Asph/F Gls/Cmp $548,300 $334,400 $3,600 $886,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Sparrow Lane 1/10/1994 $35,000 0 Colonial 1,365 0.6 3 2-0 -
  Criteria
A 61 Dodgers Hole Road 9/3/2024 $686,000 0.1 Colonial 1,392 0.51 3 2-0
B 46 Windsor Drive 5/6/2024 $1,195,000 0.2 Cape Cod 1,520 0.52 3 2-0
C 23 Edgewood Drive 6/14/2024 $1,245,000 0.3 Cape Cod 1,439 0.51 3 2-0
Averages 84 days $1,042,000 0.21 --- 1,450 0.51 --- ---  

Estimation of Market Value - $990,901

As of today, 09/20/2024, the estimated market value of 16 Sparrow Lane, Edgartown considering the above 3 comparable properties is $990,901.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Sparrow Lane 1/10/1994 $35,000 0 Colonial 1,365 0.6 3 2-0 -
  Criteria
A 8 Sparrow Lane 2/28/2014 $535,000 0.0 Colonial 1,560 0.51 3 2-0
B 20 Sparrow Lane 12/13/2016 $1 0.0 Cape Cod 1,152 0.5 3 2-0
C 6 Sparrow Lane 11/18/2022 $1 0.0 Cape Cod 1,728 0.52 3 2-0
D 15 Sparrow Lane 10/31/2017 $575,000 0.0 Cape Cod 1,875 0.51 3 3-1
E 9 Sparrow Lane 6/16/2021 $1 0.0 Modern/Contemporary 2,022 0.54 3 2-0
F 17 Sparrow Lane 4/15/2016 $300,000 0.0 Ranch 2,800 0.5 3 2-1
G 7 Sparrow Lane 8/29/2012 $1 0.1 Cape Cod 2,697 0.5 4 3-1
H 19 Sparrow Lane 12/13/2018 $365,000 0.1 Vacant Land 0.5 -
I 22 Sparrow Lane 9/12/1986 $35,000 0.1 Vacant Land 0.5 -
J 5 Sparrow Lane 3/12/1993 $152,500 0.1 Colonial 1,672 0.51 3 2-0
K 4 Sparrow Lane 11/16/2010 $580,000 0.1 Colonial 2,240 0.5 3 2-1
L 13 Sparrow Lane 9/24/1993 $32,000 0.1 Cape Cod 1,692 0.56 3 2-1
M 21 Sparrow Lane 9/24/2004 $1 0.1 Colonial 1,712 0.5 3 2-0
N 11 Sparrow Lane 11/4/2021 $1,175,000 0.1 Standard Plus 1,596 0.5 3 2-1
O 23 Sparrow Lane 1/6/2012 $430,000 0.1 Cape Cod 1,428 0.5 3 2-0
P 24 Sparrow Lane 5/9/2018 $1 0.1 Cape Cod 2,537 0.51 4 3-0
Q 25 Robins Nest Road 9/9/2019 $1 0.1 Modern/Contemporary 1,498 0.53 3 2-0
R 23 Robins Nest Road 7/30/2003 $459,900 0.1 Cape Cod 1,675 0.53 3 2-0
S 2 Sparrow Lane 3/20/2020 $790,500 0.1 Colonial 2,011 0.5 3 2-1
T 1 Sparrow Lane 9/11/2000 $125,000 0.1 Modern/Contemporary 1,878 0.51 4 2-0
U 21 Robins Nest Road 10/15/1987 $1 0.1 Colonial 1,488 0.51 3 2-0
V 27 Robins Nest Road 7/21/2017 $650,000 0.1 Colonial 1,365 0.55 3 2-0
W 9 Tern Drive 8/26/1998 $218,938 0.1 Cape Cod 1,568 0.54 4 2-0
X 25 Sparrow Lane 4/12/2012 $700,000 0.1 Modern/Contemporary 2,639 0.5 3 3-0
Y 26 Sparrow Lane 11/15/2007 $635,000 0.1 Colonial 1,916 0.5 4 2-1
Z 7 Tern Drive 12/8/2006 $587,500 0.1 Cape Cod 1,833 0.52 4 2-1
- 48 Dodgers Hole Road 8/30/2004 $570,000 0.1 Colonial 1,664 0.51 4 2-0
- 19 Robins Nest Road 8/24/2020 $822,500 0.1 Cape Cod 1,309 0.5 3 2-0
- 42 Dodgers Hole Road 2/22/2016 $1 0.1 Colonial 1,440 0.5 3 1-1
- 24 Robins Nest Road 12/20/1996 $40,000 0.1 Colonial 2,036 0.5 3 2-0
- 5 Tern Drive 12/20/2013 $629,000 0.1 Modern/Contemporary 0.52 3 3-1
- 29 Robins Nest Road 8/14/2006 $550,000 0.1 Cape Cod 1,326 0.5 3 2-1
- 26 Robins Nest Road 5/16/1994 $32,500 0.1 Ranch 1,458 0.51 3 2-0
- 27 Sparrow Lane 10/27/2010 $270,000 0.1 Cape Cod 3,422 0.5 4 3-1
- 53 Dodgers Hole Road 9/30/2020 $1 0.1 Cape Cod 1,567 0.5 3 3-0
- 11 Tern Drive 10/31/1979 $0 0.1 Vacant Land 0.5 -
- 55 Dodgers Hole Road 10/11/2013 $675,000 0.1 Cape Cod 0.5 4 2-0
- 20 Robins Nest Road 2/2/2009 $1 0.1 Vacant Land 0.55 -
Averages 5708 days $314,088 0.08 --- 1,547 0.51 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
10 50 16 Sparrow Lane