7 Cottonwood Lane, Edgartown, MA 02539

7 Cottonwood Lane Edgartown MA 02539
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Owner Information
Owner 1
Karen A Russillo
Owner 2
Owner's Address
Box 4286 Vineyard Haven, MA 02568
Market Sale Information
Most recent sale date
3/15/2007
Previous sale date
2/27/2007
Transfer document #
1114-0133
Previous transfer document
1112-0197
Grantor
Fremont Investment & Loan
Previous grantor
Henry L Dennis
Most recent sale price
$444,000.00
Previous sale price
$509,000.00
Site Information
Property ID
12-B-125-31
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1572
Number of Kitchen
Gross Living Area
4702
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
$337,800.00
Total value
$1,215,200.00
Building value
$827,900.00
Estimated tax
$3,098.00
Yard improvement value
$49,500.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7 Cottonwood Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $282.44 Style Ranch Age 1973 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4702 Heating Fuel Oil Detached Garage Lot Size 0.63 Roof Cover Asph/F Gls/Cmp AEM Value - Building $827,900.00 AEM Value - Land $337,800.00 AEM Value - Other $49,500.00 AEM Value - Total $1,215,200.00
A) 4 Fowler Avenue 0.2 4/29/2024 $1,300,000 1,184 2 $1097.97 Standard Basic 2002 4 1 1 0 1980 Gas 0.23 Asph/F Gls/Cmp $156,400 $1,013,600 $3,800 $1,173,800
B) 64 Jernegan Pond Road 0.8 6/4/2024 $1,300,000 1,637 1.5 $794.14 Cape Cod 1991 4 1 2 1 4700 Gas 1.4 Asph/F Gls/Cmp $878,100 $347,900 $46,800 $1,272,800
C) 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
D) 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
@ 7 Cottonwood Lane 3/15/2007 $444,000 0 Ranch 1,572 0.63 3 2-0 -
  Criteria
A 4 Fowler Avenue 4/29/2024 $1,300,000 0.2 Standard Basic 1,184 0.23 1 1-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.8 Cape Cod 1,637 1.4 1 2-1
C 19 Duncan Close 6/27/2024 $1,725,000 0.8 Colonial 1,722 0.63 3 2-0
D 39 Jernegan Pond Road 5/6/2024 $575,000 0.9 Cape Cod 1,726 0.51 3 2-0
Averages 118 days $1,225,000 0.69 --- 1,567 0.69 --- ---  

Estimation of Market Value - $1,445,083

As of today, 09/19/2024, the estimated market value of 7 Cottonwood Lane, Edgartown considering the above 4 comparable properties is $1,445,083.

 

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
Mailing Labels
  • 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
@ 7 Cottonwood Lane 3/15/2007 $444,000 0 Ranch 1,572 0.63 3 2-0 -
  Criteria
A 3 Cottonwood Lane 1/25/2011 $1 0.0 Colonial 2,240 0.5 3 2-0
B 8 Cottonwood Lane 9/21/1999 $92,000 0.0 Ranch 880 0.5 2 1-0
C 15 Twenty First Street North 10/8/2020 $1 0.0 Cape Cod 2,381 0.53 3 2-0
D 21 Twenty First Street North 10/27/2022 $100 0.0 Cape Cod 2,004 0.35 3 3-0
E 459 Edgartown Vh Road 5/4/2015 $325,000 0.0 Ranch 1,111 0.5 2 2-0
F 2 Twenty Second Street North 5/27/2011 $1 0.0 Vacant Land 0.14 -
G 4 Cottonwood Lane 8/23/2010 $1 0.0 Ranch 2,108 0.5 4 4-0
H 3 Twenty Second Street North 4/30/2020 $1,145,000 0.0 Colonial 2,104 0.41 3 3-2
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 41 Twenty First Street North 7/1/1978 $0 0.1 Ranch 896 1.1 3 1-0
L 9 Twenty Second Street North 5/19/1995 $2,100 0.1 Vacant Land 0.07 -
M 22 Twenty First Street North 2/2/2015 $455,000 0.1 Ranch 1,640 0.5 3 2-0
N 463 Edgartown Vh Road 12/14/1993 $82,000 0.1 Ranch 948 0.36 3 1-0
O 450 Edgartown Vh Road 1/4/2008 $275,000 0.1 Apt/Store 0.53 1 1-
P 13 Twenty Second Street North 3/31/2010 $425,000 0.1 Colonial 1,780 0.15 3 2-1
Q 15 Twentieth Street North 10/20/2000 $1 0.1 Vacant Land 0.12 -
R 34 Twenty First Street North 12/12/2002 $1 0.1 Vacant Land 0.21 -
S 9 Twentieth Street North 7/2/2021 $1 0.1 Colonial 2,142 0.34 3 1-1
T 23 Twentieth Street North 11/5/1993 $110,000 0.1 Ranch 896 0.55 3 1-0
U 429 Edgartown Vh Road 3/6/1987 $1 0.1 Vacant Land 0.5 -
V 4 Chambers Way 9/30/2022 $2,499,000 0.1 Vacant Land 0.59 -
W 17 Twenty Second Street North 5/20/2022 $175,000 0.1 Vacant Land 0.15 -
X 467 Edgartown Vh Road 6/1/2021 $10 0.1 Ranch 1,144 0.22 3 2-0
Y 6 Chambers Way 5/8/2013 $1 0.1 Cape Cod 1,524 0.51 3 2-0
Z 38 Twenty First Street North 5/31/2018 $455,000 0.1 Ranch 696 0.34 2 1-0
- 440 Edgartown Vh Road 7/24/2013 $515,000 0.1 Raised Ranch 1,264 0.59 3 1-0
- 37 Twentieth Street North 5/20/1991 $1 0.1 Vacant Land 0.07 -
- 45 Twenty First Street North 6/6/2012 $1 0.1 Ranch 512 0.55 2 1-0
- 3 Halls Gate Way 2/6/2004 $1 0.1 Vacant Land 0.7 -
- 23 Twenty Second Street North 10/17/1997 $47,000 0.1 Colonial 2,218 0.24 3 2-1
- 46 Twenty First Street North 9/17/2004 $1 0.1 Ranch 864 0.14 3 1-0
- 4 Twentieth Street North 6/1/2021 $1 0.1 Outbuildings 0.08 -
- 24 Twenty Second Street North 6/6/2012 $1 0.1 Vacant Land 0.07 -
- 425 Edgartown Vh Road 3/6/1987 $1 0.1 Vacant Land 0.5 -
- 456 Edgartown Vh Road 4/4/2019 $1 0.1 Vacant Land 2 -
- 30 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 45 Twentieth Street North 9/17/2004 $1 0.1 Vacant Land 0.14 -
- 20 Twentieth Street North 5/11/2018 $300,000 0.1 Ranch 672 0.48 1 1-0
- 34 Twentieth Street North 7/15/2003 $209,000 0.1 Vacant Land 0.07 -
- 21 Nineteenth Street North 2/23/2018 $800,000 0.1 Ranch 768 0.73 2 1-0
- 5 Halls Gate Way 2/6/2004 $1 0.1 Vacant Land 0.77 -
- 471 Edgartown Vh Road 2/28/2020 $425,000 0.1 Vacant Land 0.17 -
- 28 Twenty Second Street North 2/9/1995 $6,600 0.1 Vacant Land 0.14 -
- 27 Twenty Second Street North 12/7/2000 $1 0.1 Vacant Land 0.17 -
- 47 Twentieth Street North 9/12/1995 $1,510 0.1 Vacant Land 0.07 -
- 8 Twentieth Street North 2/28/2020 $425,000 0.1 Ranch 576 0.21 2 1-0
- 55 Twenty First Street North 2/12/1993 $75,415 0.1 Ranch 768 0.14 2 1-0
- 0 Holly Bear Lane 5/8/2013 $1 0.1 Vacant Land 0 -
- 54 Twenty First Street North 11/22/2013 $1 0.1 Ranch 912 0.34 2 1-0
- 40 Twentieth Street North 1/18/2018 $535,000 0.1 Cape Cod 1,176 0.34 3 2-0
- 8 Chambers Way 3/8/2006 $570,000 0.1 Cape Cod 1,729 0.5 4 3-0
- 25 Nineteenth Street North 6/1/1978 $0 0.1 Vacant Land 0.07 -
- 49 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 29 Twenty Second Street North 7/17/2014 $14,000 0.1 Vacant Land 0.09 -
- 27 Nineteenth Street North 12/17/1991 $8,802 0.1 Vacant Land 0.07 -
- 29 Nineteenth Street North 10/16/2019 $475,000 0.1 Cape Cod 1,547 0.14 2 1-1
- 1 Holly Bear Lane 5/13/2003 $1 0.1 Vacant Land 0.5 -
- 10 Holly Bear Lane 10/12/2021 $1 0.1 Ranch 864 0.5 2 1-0
Averages 6500 days $178,755 0.09 --- 690 0.37 --- ---  
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 31 7 Cottonwood Lane