28 Tower Lane, Edgartown, MA 02539

28 Tower Lane Edgartown MA 02539
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Owner Information
Owner 1
Shirley Donaroma
Owner 2
Owner's Address
Box 2613 Edgartown,, MA 02539
Market Sale Information
Most recent sale date
6/16/1988
Previous sale date
Transfer document #
00501-0828
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
12-B-8
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1972
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1408
Number of Kitchen
Gross Living Area
3452
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
$335,000.00
Total value
$992,000.00
Building value
$657,000.00
Estimated tax
$2,529.00
Yard improvement value
$0.00
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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 28 Tower Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1972 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3452 Heating Fuel Oil Detached Garage Lot Size 0.55 Roof Cover Asph/F Gls/Cmp AEM Value - Building $657,000.00 AEM Value - Land $335,000.00 AEM Value - Other $0.00 AEM Value - Total $992,000.00
A) 4 Fowler Avenue 0.3 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) 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
@ 28 Tower Lane 6/16/1988 $0 0 Ranch 1,408 0.55 3 2-0 -
  Criteria
A 4 Fowler Avenue 4/29/2024 $1,300,000 0.3 Standard Basic 1,184 0.23 1 1-0
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 112 days $1,441,667 0.73 --- 1,514 0.75 --- ---  

Estimation of Market Value - $1,335,066

As of today, 09/19/2024, the estimated market value of 28 Tower Lane, Edgartown considering the above 3 comparable properties is $1,335,066.

 

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
@ 28 Tower Lane 6/16/1988 $0 0 Ranch 1,408 0.55 3 2-0 -
  Criteria
A 20 Tower Lane 12/4/2002 $525,000 0.0 Standard Plus 2,046 0.69 3 2-0
B 30 Seventeenth Street North 2/28/2012 $1 0.0 Vacant Land 0.24 -
C 25 Tower Lane 8/8/2013 $1 0.0 Vacant Land 0.07 -
D 29 Tower Lane 5/1/2006 $1 0.0 Vacant Land 0.21 -
E 19 Tower Lane 2/1/1990 $164,000 0.0 Colonial 1,472 0.34 3 2-0
F 35 Tower Lane 2/25/1982 $0 0.0 Vacant Land 0.14 -
G 37 Tower Lane 1/13/1987 $5,700 0.0 Vacant Land 0.07 -
H 8 Tower Lane 5/28/2014 $400,000 0.1 Cape Cod 2,100 0.55 2 2-0
I 37 Weeks Lane 6/13/2011 $1 0.1 Cape Cod 2,362 0.76 3 2-0
J 26 Nineteenth Street North 7/8/2002 $1 0.1 Vacant Land 0.07 -
K 29 Weeks Lane 2/28/2012 $1 0.1 Ranch 816 0.24 2 1-0
L 30 Nineteenth Street North 2/3/1986 $1 0.1 Vacant Land 0.21 -
M 16 Nineteenth Street North 3/30/1990 $138,000 0.1 Ranch 1,716 0.34 3 2-0
N 32 Nineteenth Street North 5/18/2001 $3,200 0.1 Vacant Land 0.07 -
O 36 Nineteenth Street North 5/18/2001 $3,200 0.1 Vacant Land 0.07 -
P 9 Tower Lane 8/1/2014 $1 0.1 Cape Cod 1,576 0.34 4 2-0
Q 9 Weeks Lane 8/26/1998 $1 0.1 Service Shop 1.9 0-
R 38 Nineteenth Street North 1/13/1987 $5,700 0.1 Vacant Land 0.07 -
S 40 Nineteenth Street North 4/8/1966 $0 0.1 Vacant Land 0.07 -
T 10 Nineteenth Street North 3/20/2001 $215,000 0.1 Cape Cod 1,132 0.28 3 2-0
U 42 Nineteenth Street North 12/17/1991 $8,802 0.1 Vacant Land 0.14 -
V 49 Weeks Lane 11/18/2020 $1 0.1 Ranch 1,008 0.55 2 2-0
W 4 Tower Lane 2/23/2021 $0 0.1 Ranch 1,056 0.21 3 2-0
X 5 Seventeenth Street North 5/13/1996 $26,000 0.1 Ranch 1,736 0.23 3 2-0
Y 45 Tower Lane 7/2/2019 $595,000 0.1 Colonial 1,440 0.48 2 1-0
Z 56 Tower Lane 1/9/1997 $55,000 0.1 Ranch 1,590 0.69 3 2-0
- 5 Tower Lane 12/20/2022 $0 0.1 Raised Ranch 896 0.19 4 2-0
- 25 Nineteenth Street North 6/1/1978 $0 0.1 Vacant Land 0.07 -
- 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
- 33 Nineteenth Street North 7/15/2003 $209,000 0.1 Ranch 1,300 0.14 3 2-0
- 50 Nineteenth Street North 7/9/2020 $1 0.1 Cape Cod 1,388 0.41 4 2-0
- 479 Edgartown Vh Road 3/25/2022 $1 0.1 Ranch 1,026 0.24 2 1-0
- 33 Anthiers Way 6/25/2014 $1 0.1 Ranch 1,156 0.83 2 1-0
- 41 Nineteenth Street North 10/3/2018 $450,000 0.1 Ranch 986 0.41 2 1-0
- 23 Anthiers Way 12/21/2023 $1,275,000 0.1 Ranch 2,066 0.55 3 2-0
- 20 Twentieth Street North 5/11/2018 $300,000 0.1 Ranch 672 0.48 1 1-0
- 57 Weeks Lane 1/14/2003 $1 0.1 Ranch 1,056 0.55 4 2-0
- 48 Weeks Lane 2/10/2022 $827,500 0.1 Cape Cod 1,176 0.48 3 1-0
- 21 Nineteenth Street North 2/23/2018 $800,000 0.1 Ranch 768 0.73 2 1-0
- 55 Tower Lane 4/25/1989 $7,000 0.1 Ranch 1,788 0.21 3 2-0
- 61 Seventeenth Street North 4/18/2003 $70,000 0.1 Colonial 1,536 0.14 3 2-0
- 30 Twentieth Street North 1/13/1987 $12,000 0.1 Vacant Land 0.14 -
- 8 Twentieth Street North 2/28/2020 $425,000 0.1 Ranch 576 0.21 2 1-0
- 56 Nineteenth Street North 7/9/2020 $1 0.1 Vacant Land 0.07 -
- 34 Twentieth Street North 7/15/2003 $209,000 0.1 Vacant Land 0.07 -
- 475 Edgartown Vh Road 8/20/2009 $243,000 0.1 Ranch 874 0.21 2 1-0
- 62 Tower Lane 5/12/2008 $500,000 0.1 Cape Cod 1,462 0.21 2 2-0
- 11 Anthiers Way 7/15/2024 $1,300,000 0.1 Ranch 2,096 1.1 4 2-0
- 58 Nineteenth Street North 11/18/1998 $1,250 0.1 Vacant Land 0.07 -
- 41 Anthiers Way 6/5/2015 $1 0.1 Ranch 1,735 0.28 2 1-0
- 2 Weeks Lane 10/11/2022 $1 0.1 Standard Basic 1,910 0.15 3 3-0
- 40 Twentieth Street North 1/18/2018 $535,000 0.1 Cape Cod 1,176 0.34 3 2-0
- 63 Seventeenth Street North 5/12/2008 $500,000 0.1 Vacant Land 0.07 -
- 66 Seventeenth Street North 4/24/1964 $0 0.1 Ranch 768 0.41 2 1-0
- 49 Nineteenth Street North 12/18/2017 $805,000 0.1 Colonial 2,128 0.28 3 2-0
- 471 Edgartown Vh Road 2/28/2020 $425,000 0.1 Vacant Land 0.17 -
- 46 Twentieth Street North 9/12/1995 $1,300 0.1 Vacant Land 0.07 -
- 49 Anthiers Way 1/20/2022 $1,025,000 0.1 Colonial 2,120 0.21 3 3-0
- 63 Weeks Lane 9/23/2009 $18,200 0.1 Vacant Land 0.07 -
- 53 Nineteenth Street North 6/1/1978 $0 0.1 Vacant Land 0.14 -
- 4 Twentieth Street North 6/1/2021 $1 0.1 Outbuildings 0.08 -
- 65 Tower Lane 10/7/2022 $915,000 0.1 Bungalow 1,232 0.9 3 3-0
- 60 Weeks Lane 5/11/2017 $40,000 0.1 Colonial 1,872 0.28 3 2-1
- 15 Twentieth Street North 10/20/2000 $1 0.1 Vacant Land 0.12 -
- 53 Anthiers Way 2/18/2009 $1 0.1 Cape Cod 1,092 0.28 1 2-0
- 65 Weeks Lane 12/13/2002 $340,000 0.1 Ranch 1,056 0.21 2 1-0
- 20 Anthiers Way 12/10/2004 $240,000 0.1 Vacant Land 0.21 -
- 69 Seventeenth Street North 9/14/2022 $1,650,000 0.1 Vacant Land 0.34 -
- 68 Tower Lane 9/14/2022 $1,650,000 0.1 Standard Plus 1,686 0.34 3 2-0
- 57 Nineteenth Street North 12/18/2008 $615,000 0.1 Colonial 2,556 0.41 2 2-1
Averages 6566 days $253,756 0.08 --- 870 0.31 --- ---  
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 8 28 Tower Lane