56 Tower Lane, Edgartown, MA 02539

56 Tower Lane Edgartown MA 02539
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Owner Information
Owner 1
Stephen J Oneill
Owner 2
Owner's Address
P O Box 522 Edgartown, MA 02539
Market Sale Information
Most recent sale date
1/9/1997
Previous sale date
12/17/1996
Transfer document #
0692-0001
Previous transfer document
0690-0467
Grantor
Harry N Tingley
Previous grantor
Harry N Tingley
Most recent sale price
$55,000.00
Previous sale price
$1.00
Site Information
Property ID
12-B-15
Lot Size
0.69
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1998
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1590
Number of Kitchen
Gross Living Area
3636
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
$340,000.00
Total value
$1,145,900.00
Building value
$800,300.00
Estimated tax
$2,922.00
Yard improvement value
$5,600.00
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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 56 Tower Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $34.59 Style Ranch Age 1998 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3636 Heating Fuel Oil Detached Garage Lot Size 0.69 Roof Cover Asph/F Gls/Cmp AEM Value - Building $800,300.00 AEM Value - Land $340,000.00 AEM Value - Other $5,600.00 AEM Value - Total $1,145,900.00
A) 19 Duncan Close 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Tower Lane 1/9/1997 $55,000 0 Ranch 1,590 0.69 3 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 1.0 Colonial 1,722 0.63 3 2-0
Averages 136 days $1,725,000 1.00 --- 1,722 0.63 --- ---  

Estimation of Market Value - $2,063,486

As of today, 11/09/2024, the estimated market value of 56 Tower Lane, Edgartown considering the above 1 comparable properties is $2,063,486.

 

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
@ 56 Tower Lane 1/9/1997 $55,000 0 Ranch 1,590 0.69 3 2-0 -
  Criteria
A 61 Seventeenth Street North 4/18/2003 $70,000 0.0 Colonial 1,536 0.14 3 2-0
B 62 Tower Lane 5/12/2008 $500,000 0.0 Cape Cod 1,462 0.21 2 2-0
C 63 Seventeenth Street North 5/12/2008 $500,000 0.0 Vacant Land 0.07 -
D 45 Tower Lane 7/2/2019 $595,000 0.0 Colonial 1,440 0.48 2 1-0
E 55 Tower Lane 4/25/1989 $7,000 0.0 Ranch 1,788 0.21 3 2-0
F 57 Weeks Lane 1/14/2003 $1 0.0 Ranch 1,056 0.55 4 2-0
G 68 Tower Lane 9/14/2022 $1,650,000 0.0 Standard Plus 1,686 0.34 3 2-0
H 69 Seventeenth Street North 9/14/2022 $1,650,000 0.0 Vacant Land 0.34 -
I 49 Weeks Lane 11/18/2020 $1 0.0 Ranch 1,008 0.55 2 2-0
J 66 Seventeenth Street North 4/24/1964 $0 0.0 Ranch 768 0.41 2 1-0
K 50 Nineteenth Street North 7/9/2020 $1 0.0 Cape Cod 1,388 0.41 4 2-0
L 56 Nineteenth Street North 7/9/2020 $1 0.1 Vacant Land 0.07 -
M 58 Nineteenth Street North 11/18/1998 $1,250 0.1 Vacant Land 0.07 -
N 37 Tower Lane 1/13/1987 $5,700 0.1 Vacant Land 0.07 -
O 65 Tower Lane 10/7/2022 $915,000 0.1 Bungalow 1,232 0.9 3 3-0
P 72 Seventeenth Street North 11/4/2022 $49,000 0.1 Vacant Land 0.07 -
Q 63 Weeks Lane 9/23/2009 $18,200 0.1 Vacant Land 0.07 -
R 42 Nineteenth Street North 12/17/1991 $8,802 0.1 Vacant Land 0.14 -
S 65 Weeks Lane 12/13/2002 $340,000 0.1 Ranch 1,056 0.21 2 1-0
T 73 Tower Lane 1/17/1997 $3,275 0.1 Vacant Land 0.14 -
U 37 Weeks Lane 6/13/2011 $1 0.1 Cape Cod 2,362 0.76 3 2-0
V 35 Tower Lane 2/25/1982 $0 0.1 Vacant Land 0.14 -
W 76 Seventeenth Street North 12/27/2018 $236,000 0.1 Cape Cod 952 0.14 2 2-
X 40 Nineteenth Street North 4/8/1966 $0 0.1 Vacant Land 0.07 -
Y 38 Nineteenth Street North 1/13/1987 $5,700 0.1 Vacant Land 0.07 -
Z 71 Weeks Lane 4/9/2021 $1 0.1 Camp 657 0.14 2 1-0
- 78 Seventeenth Street North 6/24/2002 $5,000 0.1 Vacant Land 0.07 -
- 36 Nineteenth Street North 5/18/2001 $3,200 0.1 Vacant Land 0.07 -
- 78 Tower Lane 12/31/2009 $1 0.1 Ranch 801 0.69 2 2-0
- 29 Tower Lane 5/1/2006 $1 0.1 Vacant Land 0.21 -
- 28 Tower Lane 6/16/1988 $0 0.1 Ranch 1,408 0.55 3 2-0
- 80 Seventeenth Street North 8/30/2002 $5,000 0.1 Outbuildings 0.07 -
- 32 Nineteenth Street North 5/18/2001 $3,200 0.1 Vacant Land 0.07 -
- 60 Weeks Lane 5/11/2017 $40,000 0.1 Colonial 1,872 0.28 3 2-1
- 30 Seventeenth Street North 2/28/2012 $1 0.1 Vacant Land 0.24 -
- 77 Weeks Lane 4/9/2021 $1 0.1 Vacant Land 0.14 -
- 48 Weeks Lane 2/10/2022 $827,500 0.1 Cape Cod 1,176 0.48 3 1-0
- 82 Seventeenth Street North 9/4/2003 $1 0.1 Vacant Land 0.07 -
- 41 Nineteenth Street North 10/3/2018 $450,000 0.1 Ranch 986 0.41 2 1-0
- 65 Nineteenth Street North 4/20/2017 $575,000 0.1 Colonial 1,450 0.14 2 1-1
- 30 Nineteenth Street North 2/3/1986 $1 0.1 Vacant Land 0.21 -
- 25 Tower Lane 8/8/2013 $1 0.1 Vacant Land 0.07 -
- 53 Nineteenth Street North 6/1/1978 $0 0.1 Vacant Land 0.14 -
- 49 Nineteenth Street North 12/18/2017 $805,000 0.1 Colonial 2,128 0.28 3 2-0
- 57 Nineteenth Street North 12/18/2008 $615,000 0.1 Colonial 2,556 0.41 2 2-1
- 88 Seventeenth Street North 4/9/2001 $50,000 0.1 Vacant Land 0.21 -
- 38 The Boulevard 6/30/2006 $1 0.1 Standard Basic 1,741 0.78 3 2-0
- 70 Weeks Lane 10/13/1966 $0 0.1 Vacant Land 0.14 -
- 29 Weeks Lane 2/28/2012 $1 0.1 Ranch 816 0.24 2 1-0
- 83 Weeks Lane 4/1/2002 $30,000 0.1 Colonial 1,872 0.21 2 2-0
- 69 Nineteenth Street North 12/17/1975 $0 0.1 Vacant Land 0.21 -
- 65 Anthiers Way 2/28/2020 $890,000 0.1 Cape Cod 2,178 0.69 3 2-1
- 61 Nineteenth Street North 1/31/2011 $1 0.1 Cape Cod 2,088 0.41 2 2-1
- 33 Nineteenth Street North 7/15/2003 $209,000 0.1 Ranch 1,300 0.14 3 2-0
- 26 Nineteenth Street North 7/8/2002 $1 0.1 Vacant Land 0.07 -
- 76 Weeks Lane 8/16/2017 $203,000 0.1 Cape Cod 1,638 0.14 2 2-
- 87 Seventeenth Street North 9/19/1991 $3,500 0.1 Vacant Land 0.14 -
- 53 Anthiers Way 2/18/2009 $1 0.1 Cape Cod 1,092 0.28 1 2-0
- 49 Anthiers Way 1/20/2022 $1,025,000 0.1 Colonial 2,120 0.21 3 3-0
- 46 Twentieth Street North 9/12/1995 $1,300 0.1 Vacant Land 0.07 -
- 42 The Boulevard 7/22/2014 $635,000 0.1 Ranch 1,528 0.31 2 2-0
- 46 The Boulevard 11/6/1981 $3,000 0.1 Vacant Land 0.25 -
- 29 Nineteenth Street North 10/16/2019 $475,000 0.1 Cape Cod 1,547 0.14 2 1-1
- 40 Twentieth Street North 1/18/2018 $535,000 0.1 Cape Cod 1,176 0.34 3 2-0
- 19 Tower Lane 2/1/1990 $164,000 0.1 Colonial 1,472 0.34 3 2-0
- 20 Tower Lane 12/4/2002 $525,000 0.1 Standard Plus 2,046 0.69 3 2-0
- 41 Anthiers Way 6/5/2015 $1 0.1 Ranch 1,735 0.28 2 1-0
- 87 Weeks Lane 4/9/2001 $50,000 0.1 Standard Basic 924 0.14 2 1-0
- 27 Nineteenth Street North 12/17/1991 $8,802 0.1 Vacant Land 0.07 -
- 90 Seventeenth Street North 5/23/2023 $269,334 0.1 Ranch 510 0.14 2 1-0
- 52 The Boulevard 5/23/2023 $269,334 0.1 Vacant Land 0.15 -
- 70 Twentieth Street North 3/8/1947 $0 0.1 Vacant Land 0.14 -
- 82 Weeks Lane 6/1/1978 $0 0.1 Vacant Land 0.07 -
- 33 Anthiers Way 6/25/2014 $1 0.1 Ranch 1,156 0.83 2 1-0
- 34 Twentieth Street North 7/15/2003 $209,000 0.1 Vacant Land 0.07 -
- 16 Nineteenth Street North 3/30/1990 $138,000 0.1 Ranch 1,716 0.34 3 2-0
- 25 Nineteenth Street North 6/1/1978 $0 0.1 Vacant Land 0.07 -
- 75 Anthiers Way 4/11/2017 $600,000 0.1 Ranch 1,592 0.41 3 2-1
- 72 Twentieth Street North 1/13/1987 $8,350 0.1 Vacant Land 0.07 -
- 81 Nineteenth Street North 2/22/1984 $1 0.1 Vacant Land 0.14 -
- 30 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 30 The Boulevard 4/20/2021 $100 0.1 Colonial 1,840 0.68 2 2-0
- 49 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 83 Anthiers Way 7/1/1978 $0 0.1 Vacant Land 0.28 -
- 91 Weeks Lane 2/28/2020 $940,000 0.1 Cape Cod 1,892 0.44 2 2-1
- 47 Twentieth Street North 9/12/1995 $1,510 0.1 Vacant Land 0.07 -
- 20 Twentieth Street North 5/11/2018 $300,000 0.1 Ranch 672 0.48 1 1-0
- 45 Twentieth Street North 9/17/2004 $1 0.1 Vacant Land 0.14 -
- 81 Anthiers Way 6/1/1978 $0 0.1 Vacant Land 0.07 -
- 49 The Boulevard 9/2/2004 $1 0.1 Camp 774 0.66 2 1-0
- 59 Twentieth Street North 12/9/1966 $0 0.1 Vacant Land 0.48 -
Averages 8121 days $191,770 0.09 --- 727 0.26 --- ---  
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 15 56 Tower Lane