3 Cottonwood Lane, Edgartown, MA 02539

3 Cottonwood Lane Edgartown MA 02539
Owner Information
Owner 1
Frances A Steele
Owner 2
Owner's Address
Box 191112 Boston, MA 02119
Market Sale Information
Most recent sale date
1/25/2011
Previous sale date
5/1/2007
Transfer document #
1235-0420
Previous transfer document
1119-0596
Grantor
Frances A Steele
Previous grantor
Frances A Steele
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
12-B-125-1
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
2000
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2240
Number of Kitchen
Gross Living Area
4080
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
Gas
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$333,200.00
Total value
$983,900.00
Building value
$650,000.00
Estimated tax
$2,508.00
Yard improvement value
$700.00
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 3 Cottonwood Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2000 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4080 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $650,000.00 AEM Value - Land $333,200.00 AEM Value - Other $700.00 AEM Value - Total $983,900.00
A) 11 Anthiers Way 0.3 7/15/2024 $1,300,000 2,096 1 $620.23 Ranch 1968 7 4 2 0 3970 Oil 1.1 Asph/F Gls/Cmp $855,300 $354,600 $46,800 $1,256,700
B) 19 Duncan Close 0.8 6/27/2024 $1,725,000 1,722 1.75 $1001.74 Colonial 1984 5 3 2 0 4202 Gas 0.63 Asph/F Gls/Cmp $540,200 $238,100 $1,700 $780,000
C) 39 Jernegan Pond Road 0.9 5/6/2024 $575,000 1,726 1.5 $333.14 Cape Cod 2006 5 3 2 0 2979 Gas 0.51 Asph/F Gls/Cmp $39,700 $317,600 $0 $357,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Cottonwood Lane 1/25/2011 $1 0 Colonial 2,240 0.5 3 2-0 -
  Criteria
A 11 Anthiers Way 7/15/2024 $1,300,000 0.3 Ranch 2,096 1.1 4 2-0
B 19 Duncan Close 6/27/2024 $1,725,000 0.8 Colonial 1,722 0.63 3 2-0
C 39 Jernegan Pond Road 5/6/2024 $575,000 0.9 Cape Cod 1,726 0.51 3 2-0
Averages 96 days $1,200,000 0.67 --- 1,848 0.75 --- ---  

Estimation of Market Value - $1,467,047

As of today, 09/19/2024, the estimated market value of 3 Cottonwood Lane, Edgartown considering the above 3 comparable properties is $1,467,047.

 

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
@ 3 Cottonwood Lane 1/25/2011 $1 0 Colonial 2,240 0.5 3 2-0 -
  Criteria
A 459 Edgartown Vh Road 5/4/2015 $325,000 0.0 Ranch 1,111 0.5 2 2-0
B 7 Cottonwood Lane 3/15/2007 $444,000 0.0 Ranch 1,572 0.63 3 2-0
C 15 Twenty First Street North 10/8/2020 $1 0.0 Cape Cod 2,381 0.53 3 2-0
D 4 Cottonwood Lane 8/23/2010 $1 0.0 Ranch 2,108 0.5 4 4-0
E 450 Edgartown Vh Road 1/4/2008 $275,000 0.0 Apt/Store 0.53 1 1-
F 8 Cottonwood Lane 9/21/1999 $92,000 0.0 Ranch 880 0.5 2 1-0
G 21 Twenty First Street North 10/27/2022 $100 0.1 Cape Cod 2,004 0.35 3 3-0
H 463 Edgartown Vh Road 12/14/1993 $82,000 0.1 Ranch 948 0.36 3 1-0
I 14 Twenty First Street North 4/3/1981 $75,000 0.1 Cape Cod 1,304 0.28 3 1-1
J 433 Edgartown Vh Road 9/30/2015 $1 0.1 Ranch 1,056 0.82 3 1-1
K 4 Chambers Way 9/30/2022 $2,499,000 0.1 Vacant Land 0.59 -
L 6 Chambers Way 5/8/2013 $1 0.1 Cape Cod 1,524 0.51 3 2-0
M 2 Twenty Second Street North 5/27/2011 $1 0.1 Vacant Land 0.14 -
N 3 Twenty Second Street North 4/30/2020 $1,145,000 0.1 Colonial 2,104 0.41 3 3-2
O 9 Twentieth Street North 7/2/2021 $1 0.1 Colonial 2,142 0.34 3 1-1
P 3 Halls Gate Way 2/6/2004 $1 0.1 Vacant Land 0.7 -
Q 467 Edgartown Vh Road 6/1/2021 $10 0.1 Ranch 1,144 0.22 3 2-0
R 22 Twenty First Street North 2/2/2015 $455,000 0.1 Ranch 1,640 0.5 3 2-0
S 456 Edgartown Vh Road 4/4/2019 $1 0.1 Vacant Land 2 -
T 440 Edgartown Vh Road 7/24/2013 $515,000 0.1 Raised Ranch 1,264 0.59 3 1-0
U 15 Twentieth Street North 10/20/2000 $1 0.1 Vacant Land 0.12 -
V 5 Halls Gate Way 2/6/2004 $1 0.1 Vacant Land 0.77 -
W 41 Twenty First Street North 7/1/1978 $0 0.1 Ranch 896 1.1 3 1-0
X 429 Edgartown Vh Road 3/6/1987 $1 0.1 Vacant Land 0.5 -
Y 8 Chambers Way 3/8/2006 $570,000 0.1 Cape Cod 1,729 0.5 4 3-0
Z 9 Twenty Second Street North 5/19/1995 $2,100 0.1 Vacant Land 0.07 -
- 4 Twentieth Street North 6/1/2021 $1 0.1 Outbuildings 0.08 -
- 0 Holly Bear Lane 5/8/2013 $1 0.1 Vacant Land 0 -
- 23 Twentieth Street North 11/5/1993 $110,000 0.1 Ranch 896 0.55 3 1-0
- 34 Twenty First Street North 12/12/2002 $1 0.1 Vacant Land 0.21 -
- 13 Twenty Second Street North 3/31/2010 $425,000 0.1 Colonial 1,780 0.15 3 2-1
- 471 Edgartown Vh Road 2/28/2020 $425,000 0.1 Vacant Land 0.17 -
- 425 Edgartown Vh Road 3/6/1987 $1 0.1 Vacant Land 0.5 -
- 10 Holly Bear Lane 10/12/2021 $1 0.1 Ranch 864 0.5 2 1-0
- 12 Holly Bear Lane 5/31/2018 $690,000 0.1 Cape Cod 2,122 0.5 3 2-1
- 10 Chambers Way 6/20/2001 $1 0.1 Apartments 2,240 0.57 3 3-0
- 1 Holly Bear Lane 5/13/2003 $1 0.1 Vacant Land 0.5 -
- 8 Twentieth Street North 2/28/2020 $425,000 0.1 Ranch 576 0.21 2 1-0
- 21 Nineteenth Street North 2/23/2018 $800,000 0.1 Ranch 768 0.73 2 1-0
- 17 Twenty Second Street North 5/20/2022 $175,000 0.1 Vacant Land 0.15 -
- 37 Twentieth Street North 5/20/1991 $1 0.1 Vacant Land 0.07 -
- 20 Twentieth Street North 5/11/2018 $300,000 0.1 Ranch 672 0.48 1 1-0
- 38 Twenty First Street North 5/31/2018 $455,000 0.1 Ranch 696 0.34 2 1-0
- 30 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 4 Halls Gate Way 2/6/2004 $1 0.1 Vacant Land 0.85 -
- 475 Edgartown Vh Road 8/20/2009 $243,000 0.1 Ranch 874 0.21 2 1-0
- 45 Twenty First Street North 6/6/2012 $1 0.1 Ranch 512 0.55 2 1-0
- 34 Twentieth Street North 7/15/2003 $209,000 0.1 Vacant Land 0.07 -
- 2 Halls Gate Way 1/6/2004 $1 0.1 Vacant Land 1.21 -
- 46 Twenty First Street North 9/17/2004 $1 0.1 Ranch 864 0.14 3 1-0
Averages 5970 days $214,965 0.09 --- 773 0.46 --- ---  
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
12 B 125 1 3 Cottonwood Lane