4 Orchard Lane, Edgartown, MA 02539

4 Orchard Lane Edgartown MA 02539
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Owner Information
Owner 1
Sean T Costello
Owner 2
Owner's Address
P O Box 1526 Edgartown, MA 02539
Market Sale Information
Most recent sale date
2/4/2020
Previous sale date
2/4/2020
Transfer document #
1519-1058
Previous transfer document
1519-1051
Grantor
Michael D Costello
Previous grantor
Michael D Costello
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
20-A-36-2
Lot Size
0.29
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1998
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1372
Number of Kitchen
Gross Living Area
2787
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Salt Box
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
$704,200.00
Total value
$1,289,300.00
Building value
$580,600.00
Estimated tax
$3,287.00
Yard improvement value
$4,500.00
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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 4 Orchard Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1998 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2787 Heating Fuel Oil Detached Garage Lot Size 0.29 Roof Cover Asph/F Gls/Cmp AEM Value - Building $580,600.00 AEM Value - Land $704,200.00 AEM Value - Other $4,500.00 AEM Value - Total $1,289,300.00
A) 36 Hannahs Way 0.5 7/23/2024 $1,395,000 1,212 1 $1150.99 Ranch 1980 5 3 1 0 1614 Electric 0.12 Asph/F Gls/Cmp $659,500 $457,500 $2,000 $1,119,000
B) 53 Peases Point Way North 0.5 9/3/2024 $2,500,000 1,512 2 $1653.44 Custom 1928 8 4 2 0 2449 Oil 0.11 Asph/F Gls/Cmp $743,800 $953,400 $800 $1,698,000
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
@ 4 Orchard Lane 2/4/2020 $1 0 Cape Cod 1,372 0.29 3 2-0 -
  Criteria
A 36 Hannahs Way 7/23/2024 $1,395,000 0.5 Ranch 1,212 0.12 3 1-0
B 53 Peases Point Way North 9/3/2024 $2,500,000 0.5 Custom 1,512 0.11 4 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 61 days $1,731,667 0.66 --- 1,454 0.54 --- ---  

Estimation of Market Value - $1,636,047

As of today, 09/19/2024, the estimated market value of 4 Orchard Lane, Edgartown considering the above 3 comparable properties is $1,636,047.

 

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
@ 4 Orchard Lane 2/4/2020 $1 0 Cape Cod 1,372 0.29 3 2-0 -
  Criteria
A 2 Orchard Lane 9/1/2005 $569,500 0.0 Cape Cod 1,452 0.24 4 3-0
B 22 Orran Norton Way 10/14/2010 $1 0.0 Cape Cod 1,666 0.23 3 2-0
C 20 Orran Norton Way 5/12/2020 $1 0.0 Standard Basic 0.3 4 2-1
D 24 Orran Norton Way 9/5/1995 $167,500 0.0 Cape Cod 1,908 0.23 3 2-1
E 83 Norton Orchard Road 10/13/2021 $1 0.0 Colonial 1,924 0.52 4 2-0
F 3 Orchard Lane 6/7/2016 $1 0.0 Cape Cod 1,974 0.19 2 3-0
G 3 Long Hill Road 3/15/2022 $2,010,000 0.0 Assisted Living 6,169 1.92 5 4-1
H 1 Orchard Lane 10/3/2014 $490,000 0.0 Cape Cod 1,344 0.15 3 2-0
I 18 Orran Norton Way 9/21/2020 $1,425,000 0.0 Standard Plus 2,204 0.25 3 3-
J 75 Norton Orchard Road 8/24/2020 $1 0.0 Cape Cod 2,525 0.42 4 3-1
K 16 Orran Norton Way 12/3/2018 $1 0.1 Colonial 1,620 0.22 3 1-1
L 85 Norton Orchard Road 6/22/2005 $595,000 0.1 Cape Cod 1,759 0.4 3 1-0
M 5 Plantingfield Wood Lane 4/23/2021 $1 0.1 Colonial 1,832 0.99 3 3-1
N 56 Eel Pond Lane 11/20/1992 $1 0.1 Cape Cod 1,448 1.5 3 1-1
O 76 Norton Orchard Road 11/2/1979 $5,000 0.1 Colonial 1,324 0.31 3 2-0
P 14 Orran Norton Way 9/4/2013 $1 0.1 Ranch 988 0.36 3 1-0
Q 69 Norton Orchard Road 8/5/2011 $461,000 0.1 Ranch 2,231 0.31 4 3-1
R 70 Eel Pond Lane 8/26/2016 $1,200,000 0.1 Ranch 1,752 1.49 3 2-0
S 8 Clark Drive 1/4/1979 $12,000 0.1 Cape Cod 1,974 0.3 3 2-0
T 2 Long Hill Road 2/2/2018 $1 0.1 Modern/Contemporary 1,860 1.5 3 3-0
U 4 Plantingfield Wood Lane 4/4/2022 $1 0.1 Ranch 2,820 0.73 3 2-1
V 95 Pine Street 5/24/2005 $675,000 0.1 Cape Cod 3,465 0.31 4 3-1
W 70 Norton Orchard Road 1/27/2017 $687,500 0.1 Ranch 864 0.32 3 1-0
X 63 Norton Orchard Road 6/1/2021 $2,000,000 0.1 Cape Cod 2,676 0.24 5 5-0
Y 89 Pine Street 6/20/2018 $1 0.1 Ranch 1,539 0.29 3 2-0
Z 10 Orran Norton Way 7/24/1969 $0 0.1 Cape Cod 1,152 0.29 3 1-1
- 6 Clark Drive 12/30/1988 $160,000 0.1 Colonial 880 0.16 2 2-0
- 4 Long Hill Road 2/11/2011 $1 0.1 Modern/Contemporary 2,128 1.5 3 3-0
- 41 Eel Pond Lane 2/19/1999 $1 0.1 Cape Cod 3,160 1.4 4 4-1
- 64 Norton Orchard Road 10/17/2019 $700,000 0.1 Cape Cod 792 0.31 3 1-0
- 83 Pine Street 11/18/2021 $1,300,000 0.1 Ranch 1,132 0.29 3 2-0
- 21 Woodland Avenue 5/1/2007 $1,045,000 0.1 Colonial 2,472 1 4 3-1
- 2 Plantingfield Wood Lane 12/4/2009 $1,100,000 0.1 Colonial 2,552 0.67 4 3-1
- 4 Clark Drive 2/18/2014 $1 0.1 Ranch 1,594 0.38 3 2-0
- 57 Norton Orchard Road 10/15/2021 $1,150,000 0.1 Ranch 560 0.26 1 1-0
- 7 Clark Drive 11/29/2022 $1,150,000 0.1 Vacant Land 0.36 -
- 88 Pine Street 12/16/2022 $10 0.1 Ranch 768 0.27 2 1-0
- 8 Orran Norton Way 1/26/2005 $1 0.1 Colonial 1,461 0.24 3 2-0
- 3 Plantingfield Wood Lane 10/1/1996 $209,000 0.1 Cape Cod 3,164 0.75 4 3-1
- 1 Plantingfield Wood Lane 3/12/2020 $1,200,000 0.1 Cape Cod 2,386 0.7 4 3-0
- 60 Norton Orchard Road 12/21/2012 $1 0.1 Colonial 2,069 0.29 3 3-1
- 77 Pine Street 10/30/2015 $611,500 0.1 Raised Ranch 884 0.3 4 2-0
- 76 Eel Pond Lane 12/13/2016 $1 0.1 Modern/Contemporary 2,907 1.6 4 3-1
- 84 Pine Street 12/29/1995 $113,000 0.1 Modern/Contemporary 1,339 0.27 3 1-0
Averages 5174 days $432,637 0.08 --- 1,835 0.56 --- ---  
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
20 A 36 2 4 Orchard Lane