15 Gaines Way, Edgartown, MA 02539

15 Gaines Way Edgartown MA 02539
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Gaines Way Limited
Owner 2
Attn: Allco Finance Corp
Owner's Address
Attn Josephine Jacob, 9 Boiling Springs Rd Hohokus, NJ 07423
Market Sale Information
Most recent sale date
2/12/2001
Previous sale date
2/26/1998
Transfer document #
0823-0326
Previous transfer document
0722-0082
Grantor
Malcom M Gordon H Walsh
Previous grantor
Howard S Tuthill
Most recent sale price
$9,000,000.00
Previous sale price
$1.00
Site Information
Property ID
19-A-2
Lot Size
1.96
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2009
Number of full baths
6
Condition
Number of half baths
2
Finished Area
6917
Number of Kitchen
Gross Living Area
10034
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Solar Assisted
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$12,202,600.00
Total value
$18,412,100.00
Building value
$6,078,400.00
Estimated tax
$46,950.00
Yard improvement value
$131,100.00
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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 15 Gaines Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,301.14 Style Custom Age 2009 Rooms Bedrooms 5 Full baths 6 Half baths 2 Gross Living Area 10034 Heating Fuel Solar Assisted Detached Garage Lot Size 1.96 Roof Cover Asph/F Gls/Cmp AEM Value - Building $6,078,400.00 AEM Value - Land $12,202,600.00 AEM Value - Other $131,100.00 AEM Value - Total $18,412,100.00
A) 52 South Summer Street 0.7 8/30/2024 $9,000,000 5,827 2.5 $1544.53 Historical Custom 1860 12 6 6 2 9589 Gas 0.3 Wood Shingle $5,137,700 $1,843,100 $65,000 $7,045,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Gaines Way 2/12/2001 $9,000,000 0 Custom 6,917 1.96 5 6-2 -
  Criteria
A 52 South Summer Street 8/30/2024 $9,000,000 0.7 Historical Custom 5,827 0.3 6 6-2
Averages 21 days $9,000,000 0.72 --- 5,827 0.3 --- ---  

Estimation of Market Value - $17,101,181

As of today, 09/19/2024, the estimated market value of 15 Gaines Way, Edgartown considering the above 1 comparable properties is $17,101,181.

 

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
@ 15 Gaines Way 2/12/2001 $9,000,000 0 Custom 6,917 1.96 5 6-2 -
  Criteria
A 94 Fuller Street 8/9/2001 $1 0.0 Custom 4,791 0.62 5 8-1
B 28 Gaines Way 12/31/2009 $1 0.1 Custom 1,896 0.51 3 2-1
C 21 Starbuck Neck Road 10/30/1996 $2,450,000 0.1 Estate 5,670 0.95 6 6-1
D 34 Gaines Way 5/3/1979 $55,000 0.1 Modern/Contemporary 3,712 0.39 5 5-0
E 82 Fuller Street 4/4/2016 $1 0.1 Estate 3,592 0.61 4 3-0
F 40 Gaines Way 9/5/2024 $9,523,000 0.1 Custom 3,038 0.46 4 4-0
G 76 Fuller Street 12/24/2012 $1 0.1 Custom 0.29 3 3-0
H 15 Starbuck Neck Road 12/31/2002 $1 0.1 Estate 4,299 0.74 5 4-0
I 74 Fuller Street 12/24/2012 $1 0.1 Custom 2,077 0.3 3 4-0
J 44 Gaines Way 4/5/2010 $4,392,500 0.1 Custom 3,887 0.43 5 4-3
K 18 Starbuck Neck Road 7/21/2022 $1 0.1 Estate 0.45 6 6-1
L 72 Fuller Street 9/27/2013 $1,373,625 0.1 Outbuildings 0.3 -
M 14 Starbuck Neck Road 6/7/2013 $1 0.1 Estate 6,726 0.34 5 4-2
N 50 Gaines Way 9/27/2013 $2,788,875 0.1 Custom 3,340 0.58 5 4-1
Averages 5601 days $1,470,215 0.09 --- 3,073 0.5 --- ---  
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
19 A 2 15 Gaines Way