8 Tower Lane, Edgartown, MA 02539

8 Tower Lane Edgartown MA 02539
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Owner Information
Owner 1
Krystle A Rose
Owner 2
Owner's Address
8 Tower Lane Edgartown, MA 02539-6701
Market Sale Information
Most recent sale date
5/28/2014
Previous sale date
7/9/1970
Transfer document #
1349-0881
Previous transfer document
0284-0056
Grantor
Eleanor H Burke
Previous grantor
Most recent sale price
$400,000.00
Previous sale price
$0.00
Site Information
Property ID
12-B-6
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
5
Stories
1.75
Number of Beds
2
Year Built
1970
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2100
Number of Kitchen
Gross Living Area
3607
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
Monitor
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$335,000.00
Total value
$1,170,900.00
Building value
$830,200.00
Estimated tax
$2,985.00
Yard improvement value
$5,700.00
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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 8 Tower Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $190.48 Style Cape Cod Age 1970 Rooms 5 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area 3607 Heating Fuel Gas Detached Garage Lot Size 0.55 Roof Cover Asph/F Gls/Cmp AEM Value - Building $830,200.00 AEM Value - Land $335,000.00 AEM Value - Other $5,700.00 AEM Value - Total $1,170,900.00
A) 11 Anthiers Way 0.1 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 0.9 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) 64 Jernegan Pond Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Tower Lane 5/28/2014 $400,000 0 Cape Cod 2,100 0.55 2 2-0 -
  Criteria
A 11 Anthiers Way 7/15/2024 $1,300,000 0.1 Ranch 2,096 1.1 4 2-0
B 19 Duncan Close 6/27/2024 $1,725,000 0.9 Colonial 1,722 0.63 3 2-0
C 64 Jernegan Pond Road 6/4/2024 $1,300,000 1.0 Cape Cod 1,637 1.4 1 2-1
Averages 87 days $1,441,667 0.65 --- 1,818 1.04 --- ---  

Estimation of Market Value - $1,597,585

As of today, 09/19/2024, the estimated market value of 8 Tower Lane, Edgartown considering the above 3 comparable properties is $1,597,585.

 

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
@ 8 Tower Lane 5/28/2014 $400,000 0 Cape Cod 2,100 0.55 2 2-0 -
  Criteria
A 4 Tower Lane 2/23/2021 $0 0.0 Ranch 1,056 0.21 3 2-0
B 5 Seventeenth Street North 5/13/1996 $26,000 0.0 Ranch 1,736 0.23 3 2-0
C 20 Tower Lane 12/4/2002 $525,000 0.0 Standard Plus 2,046 0.69 3 2-0
D 9 Tower Lane 8/1/2014 $1 0.0 Cape Cod 1,576 0.34 4 2-0
E 5 Tower Lane 12/20/2022 $0 0.0 Raised Ranch 896 0.19 4 2-0
F 9 Weeks Lane 8/26/1998 $1 0.0 Service Shop 1.9 0-
G 19 Tower Lane 2/1/1990 $164,000 0.0 Colonial 1,472 0.34 3 2-0
H 28 Tower Lane 6/16/1988 $0 0.1 Ranch 1,408 0.55 3 2-0
I 10 Nineteenth Street North 3/20/2001 $215,000 0.1 Cape Cod 1,132 0.28 3 2-0
J 479 Edgartown Vh Road 3/25/2022 $1 0.1 Ranch 1,026 0.24 2 1-0
K 25 Tower Lane 8/8/2013 $1 0.1 Vacant Land 0.07 -
L 16 Nineteenth Street North 3/30/1990 $138,000 0.1 Ranch 1,716 0.34 3 2-0
M 30 Seventeenth Street North 2/28/2012 $1 0.1 Vacant Land 0.24 -
N 29 Tower Lane 5/1/2006 $1 0.1 Vacant Land 0.21 -
O 26 Nineteenth Street North 7/8/2002 $1 0.1 Vacant Land 0.07 -
P 29 Weeks Lane 2/28/2012 $1 0.1 Ranch 816 0.24 2 1-0
Q 2 Weeks Lane 10/11/2022 $1 0.1 Standard Basic 1,910 0.15 3 3-0
R 475 Edgartown Vh Road 8/20/2009 $243,000 0.1 Ranch 874 0.21 2 1-0
S 30 Nineteenth Street North 2/3/1986 $1 0.1 Vacant Land 0.21 -
T 35 Tower Lane 2/25/1982 $0 0.1 Vacant Land 0.14 -
U 8 Twentieth Street North 2/28/2020 $425,000 0.1 Ranch 576 0.21 2 1-0
V 11 Anthiers Way 7/15/2024 $1,300,000 0.1 Ranch 2,096 1.1 4 2-0
W 32 Nineteenth Street North 5/18/2001 $3,200 0.1 Vacant Land 0.07 -
X 37 Tower Lane 1/13/1987 $5,700 0.1 Vacant Land 0.07 -
Y 21 Nineteenth Street North 2/23/2018 $800,000 0.1 Ranch 768 0.73 2 1-0
Z 502 Edgartown Vh Road 3/15/2002 $1 0.1 Cape Cod 1,025 1.1 4 2-0
- 37 Weeks Lane 6/13/2011 $1 0.1 Cape Cod 2,362 0.76 3 2-0
- 25 Nineteenth Street North 6/1/1978 $0 0.1 Vacant Land 0.07 -
- 23 Anthiers Way 12/21/2023 $1,275,000 0.1 Ranch 2,066 0.55 3 2-0
- 36 Nineteenth Street North 5/18/2001 $3,200 0.1 Vacant Land 0.07 -
- 471 Edgartown Vh Road 2/28/2020 $425,000 0.1 Vacant Land 0.17 -
- 27 Nineteenth Street North 12/17/1991 $8,802 0.1 Vacant Land 0.07 -
- 38 Nineteenth Street North 1/13/1987 $5,700 0.1 Vacant Land 0.07 -
- 20 Twentieth Street North 5/11/2018 $300,000 0.1 Ranch 672 0.48 1 1-0
- 29 Nineteenth Street North 10/16/2019 $475,000 0.1 Cape Cod 1,547 0.14 2 1-1
- 40 Nineteenth Street North 4/8/1966 $0 0.1 Vacant Land 0.07 -
- 4 Twentieth Street North 6/1/2021 $1 0.1 Outbuildings 0.08 -
- 33 Anthiers Way 6/25/2014 $1 0.1 Ranch 1,156 0.83 2 1-0
- 33 Nineteenth Street North 7/15/2003 $209,000 0.1 Ranch 1,300 0.14 3 2-0
- 42 Nineteenth Street North 12/17/1991 $8,802 0.1 Vacant Land 0.14 -
- 49 Weeks Lane 11/18/2020 $1 0.1 Ranch 1,008 0.55 2 2-0
- 30 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 467 Edgartown Vh Road 6/1/2021 $10 0.1 Ranch 1,144 0.22 3 2-0
- 9 Twentieth Street North 7/2/2021 $1 0.1 Colonial 2,142 0.34 3 1-1
- 41 Nineteenth Street North 10/3/2018 $450,000 0.1 Ranch 986 0.41 2 1-0
- 1 Teaberry Lane 4/28/1987 $140,000 0.1 Ranch 1,410 0.5 3 3-0
- 34 Twentieth Street North 7/15/2003 $209,000 0.1 Vacant Land 0.07 -
- 45 Tower Lane 7/2/2019 $595,000 0.1 Colonial 1,440 0.48 2 1-0
- 510 Edgartown Vh Road 10/26/2022 $1 0.1 Cape Cod 2,016 3 4 1-1
- 20 Anthiers Way 12/10/2004 $240,000 0.1 Vacant Land 0.21 -
Averages 6782 days $164,029 0.08 --- 828 0.39 --- ---  
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 6 8 Tower Lane