23 Sparrow Lane, Edgartown, MA 02539

23 Sparrow Lane Edgartown MA 02539
Owner Information
Owner 1
Douglas J Heil & Amy
Owner 2
Owner's Address
P O Box 143 Edgartown, MA 02539
Market Sale Information
Most recent sale date
1/6/2012
Previous sale date
2/11/2008
Transfer document #
0071-0263
Previous transfer document
0067-0193
Grantor
Donald W Gregory
Previous grantor
Karl G Long
Most recent sale price
$430,000.00
Previous sale price
$461,000.00
Site Information
Property ID
10-61
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape Cod
Number of Rooms
5
Stories
1.75
Number of Beds
3
Year Built
1993
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1428
Number of Kitchen
Gross Living Area
2886
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$33,300.00
Total value
$305,900.00
Building value
$269,300.00
Estimated tax
$780.00
Yard improvement value
$3,300.00
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 23 Sparrow Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $301.12 Style Cape Cod Age 1993 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2886 Heating Fuel Oil Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $269,300.00 AEM Value - Land $33,300.00 AEM Value - Other $3,300.00 AEM Value - Total $305,900.00
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 0.1 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
D) 13 Saddle Club Road 0.4 5/29/2024 $1,250,000 1,729 1.75 $722.96 Cape Cod 1988 5 3 2 0 3508 Electric 0.5 Asph/F Gls/Cmp $698,400 $318,000 $2,500 $1,018,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 23 Sparrow Lane 1/6/2012 $430,000 0 Cape Cod 1,428 0.5 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 0.1 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
D 13 Saddle Club Road 5/29/2024 $1,250,000 0.4 Cape Cod 1,729 0.5 3 2-0
Averages 92 days $1,094,000 0.23 --- 1,520 0.51 --- ---  

Estimation of Market Value - $701,652

As of today, 09/20/2024, the estimated market value of 23 Sparrow Lane, Edgartown considering the above 4 comparable properties is $701,652.

 

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
@ 23 Sparrow Lane 1/6/2012 $430,000 0 Cape Cod 1,428 0.5 3 2-0 -
  Criteria
A 21 Sparrow Lane 9/24/2004 $1 0.0 Colonial 1,712 0.5 3 2-0
B 25 Sparrow Lane 4/12/2012 $700,000 0.0 Modern/Contemporary 2,639 0.5 3 3-0
C 7 Tern Drive 12/8/2006 $587,500 0.0 Cape Cod 1,833 0.52 4 2-1
D 22 Sparrow Lane 9/12/1986 $35,000 0.0 Vacant Land 0.5 -
E 5 Tern Drive 12/20/2013 $629,000 0.0 Modern/Contemporary 0.52 3 3-1
F 20 Sparrow Lane 12/13/2016 $1 0.0 Cape Cod 1,152 0.5 3 2-0
G 24 Sparrow Lane 5/9/2018 $1 0.0 Cape Cod 2,537 0.51 4 3-0
H 9 Tern Drive 8/26/1998 $218,938 0.0 Cape Cod 1,568 0.54 4 2-0
I 19 Sparrow Lane 12/13/2018 $365,000 0.0 Vacant Land 0.5 -
J 3 Swan Lane 1/14/2015 $550,000 0.1 Cape Cod 1,568 0.5 4 2-0
K 11 Tern Drive 10/31/1979 $0 0.1 Vacant Land 0.5 -
L 27 Sparrow Lane 10/27/2010 $270,000 0.1 Cape Cod 3,422 0.5 4 3-1
M 26 Sparrow Lane 11/15/2007 $635,000 0.1 Colonial 1,916 0.5 4 2-1
N 17 Sparrow Lane 4/15/2016 $300,000 0.1 Ranch 2,800 0.5 3 2-1
O 6 Sparrow Lane 11/18/2022 $1 0.1 Cape Cod 1,728 0.52 3 2-0
P 4 Sparrow Lane 11/16/2010 $580,000 0.1 Colonial 2,240 0.5 3 2-1
Q 64 Dodgers Hole Road 12/17/2014 $674,000 0.1 Colonial 2,872 0.5 4 3-1
R 16 Sparrow Lane 1/10/1994 $35,000 0.1 Colonial 1,365 0.6 3 2-0
S 8 Sparrow Lane 2/28/2014 $535,000 0.1 Colonial 1,560 0.51 3 2-0
T 4 Swan Lane 11/10/2010 $1 0.1 Cape Cod 2,184 0.51 3 2-0
U 2 Sparrow Lane 3/20/2020 $790,500 0.1 Colonial 2,011 0.5 3 2-1
V 70 Dodgers Hole Road 5/24/2013 $770,000 0.1 Cape Cod 2,344 0.5 3 2-0
W 13 Swan Lane 6/18/2014 $1 0.1 Colonial 2,016 1.02 5 2-0
X 15 Sparrow Lane 10/31/2017 $575,000 0.1 Cape Cod 1,875 0.51 3 3-1
Y 61 Dodgers Hole Road 9/3/2024 $686,000 0.1 Colonial 1,392 0.51 3 2-0
Z 59 Dodgers Hole Road 9/6/2006 $585,000 0.1 Cape Cod 1,428 0.5 3 2-0
- 63 Dodgers Hole Road 5/22/2007 $527,500 0.1 Cape Cod 1,456 0.5 3 2-0
- 55 Dodgers Hole Road 10/11/2013 $675,000 0.1 Cape Cod 0.5 4 2-0
- 16 Swan Lane 6/7/2000 $40,000 0.1 Colonial 1,632 0.5 4 2-0
- 65 Dodgers Hole Road 10/21/2010 $748,500 0.1 Standard Plus 2,805 0.5 4 2-0
- 1 Sparrow Lane 9/11/2000 $125,000 0.1 Modern/Contemporary 1,878 0.51 4 2-0
- 5 Sparrow Lane 3/12/1993 $152,500 0.1 Colonial 1,672 0.51 3 2-0
- 72 Dodgers Hole Road 5/30/1997 $187,500 0.1 Cape Cod 1,344 0.5 4 2-0
- 7 Sparrow Lane 8/29/2012 $1 0.1 Cape Cod 2,697 0.5 4 3-1
- 53 Dodgers Hole Road 9/30/2020 $1 0.1 Cape Cod 1,567 0.5 3 3-0
- 69 Dodgers Hole Road 1/30/1998 $164,700 0.1 Cape Cod 1,170 0.51 3 2-0
- 9 Sparrow Lane 6/16/2021 $1 0.1 Modern/Contemporary 2,022 0.54 3 2-0
Averages 5584 days $328,153 0.08 --- 1,687 0.52 --- ---  
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 61 23 Sparrow Lane