225 Upper Main Street, Edgartown, MA 02539

225 Upper Main Street Edgartown MA 02539
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Owner Information
Owner 1
MV Edgar Inn LLC
Owner 2
Owner's Address
C/O Sawyer Realty Holdings, 1215 Chestnut St Newton, MA 02464
Market Sale Information
Most recent sale date
6/14/2018
Previous sale date
9/30/1982
Transfer document #
1469-0701
Previous transfer document
00395-0238
Grantor
James K Carter
Previous grantor
Jane B Norton
Most recent sale price
$8,000,000.00
Previous sale price
$100,000.00
Site Information
Property ID
20-A-93
Lot Size
0.42
Use Code
301 - Motels
Zoning
B11
Building Style
Lodng/Motel
Number of Rooms
Stories
2
Number of Beds
Year Built
2005
Number of full baths
0
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
16766
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air-no Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
WOOD FRAME
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$2,880,000.00
Total value
$9,482,300.00
Building value
$6,531,100.00
Estimated tax
$24,179.00
Yard improvement value
$71,200.00
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Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 225 Upper Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Lodng/Motel Age 2005 Rooms Bedrooms Full baths 0 Half baths Gross Living Area 16766 Heating Fuel Electric Detached Garage Lot Size 0.42 Roof Cover Asph/F Gls/Cmp AEM Value - Building $6,531,100.00 AEM Value - Land $2,880,000.00 AEM Value - Other $71,200.00 AEM Value - Total $9,482,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 225 Upper Main Street 6/14/2018 $8,000,000 0 Lodng/Motel 0.42 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 225 Upper Main Street 6/14/2018 $8,000,000 0 Lodng/Motel 0.42 0- -
  Criteria
A 227 Upper Main Street 6/15/2018 $8,000,000 0.0 Restaurant 0.44 2-
B 219 Upper Main Street 12/29/2003 $1,760,000 0.0 Vacant Land 0.26 -
C 231 Upper Main Street 6/14/2018 $8,000,000 0.0 Lodng/Motel 0.21 2 2-
D 237 Upper Main Street 4/23/2003 $2,770,000 0.0 Vacant Land 0.2 -
E 215 Upper Main Street 12/28/2003 $1,760,000 0.0 Vacant Land 0.26 -
F 30 Curtis Lane 2/28/2022 $1 0.0 Bungalow 812 0.26 3 1-0
G 26 Curtis Lane 12/28/2003 $1,760,000 0.0 Dance Academy 6,229 0.34 8 8-1
H 235 Upper Main Street 4/23/2003 $2,770,000 0.0 Vacant Land 0.2 -
I 40 Curtis Lane 11/5/2019 $10 0.0 Ranch 1,389 0.52 2 1-1
J 34 Curtis Lane 2/26/2016 $1 0.0 Bungalow 448 0.18 1 1-0
K 211 Upper Main Street 12/28/2003 $1,760,000 0.0 Dance Academy 8,586 0.26 9 18-2
L 22 Curtis Lane 4/10/2003 $424,000 0.0 Ranch 1,132 0.29 2 1-0
M 42 Curtis Lane 2/25/2004 $1 0.0 Vacant Land 0.17 -
N 239 Upper Main Street 11/30/2004 $3,000,000 0.1 Vacant Land 0.94 -
O 207 Upper Main Street 7/13/2017 $1,300,000 0.1 Apt/Office 0.33 1 2-
P 222 Upper Main Street 7/30/2018 $2,000,000 0.1 Standard Plus 6,465 0.51 9 10-0
Q 230 Upper Main Street 11/22/2019 $1,223,000 0.1 Standard Basic 3,265 0.3 5 3-1
R 220 Upper Main Street 11/18/2020 $1,000,000 0.1 Standard Plus 1,596 0.23 3 2-0
S 241 Upper Main Street 12/1/2004 $3,000,000 0.1 Vacant Land 0.03 -
T 27 Curtis Lane 4/12/2019 $600,000 0.1 Standard Plus 2,160 0.13 3 3-1
U 218 Upper Main Street 3/16/2018 $1 0.1 Restaurant 0.2 1 1-
V 205 Upper Main Street 1/17/2007 $725,000 0.1 Apt/Office 0.12 1 1-
W 29 Curtis Lane 11/8/2017 $475,000 0.1 Cape Cod 2,013 0.24 4 3-1
X 44 Curtis Lane 1/22/2013 $1 0.1 Cape Cod 1,466 0.19 4 3-0
Y 12 Curtis Lane 4/15/2021 $1 0.1 Custom 1,020 0.12 3 1-1
Z 234 Upper Main Street 8/1/1988 $0 0.1 Apt/Store 0.47 0-
- 46 Curtis Lane 2/16/2007 $690,000 0.1 Cape Cod 2,094 0.23 3 2-1
- 25 Curtis Lane 9/23/2013 $660,000 0.1 Cape Cod 2,977 0.32 4 2-0
- 238 Upper Main Street 12/21/2020 $1,050,000 0.1 Apt/Office 0.26 -
- 212 Upper Main Street 2/1/2008 $1 0.1 Store 0.58 0-
- 21 Curtis Lane 3/25/2016 $1 0.1 Standard Plus 1,009 0.22 2 1-0
- 8 Curtis Lane 1/27/2004 $135,000 0.1 Vacant Land 0.05 -
- 201 Upper Main Street 7/20/2022 $1,550,000 0.1 Colonial 1,208 0.14 4 2-0
- 245 Upper Main Street 12/1/2004 $3,000,000 0.1 Supermarket 0.74 2-
- 5 Fisher Road 10/16/1997 $1 0.1 Colonial 2,400 0.25 6 3-0
- 17 Curtis Lane 8/16/2019 $1 0.1 Cape Cod 1,888 0.33 3 3-0
- 206 Upper Main Street 5/5/2000 $620,000 0.1 Employee Housng 3,338 0.3 8 7-0
- 242 Upper Main Street 12/21/2020 $1,800,000 0.1 Ranch 940 0.24 2 1-0
- 39 Pinehurst Road 6/14/2006 $1 0.1 Ranch 972 0.23 3 2-0
- 10 Cyprien Way 9/20/2006 $1 0.1 Ranch 1,356 0.19 3 2-0
- 35 Pinehurst Road 7/12/2002 $1 0.1 Ranch 1,616 0.26 3 2-0
- 240 Upper Main Street 1/22/2021 $850,000 0.1 Bungalow 496 0.28 2 1-0
- 14 Cyprien Way 4/8/2005 $1 0.1 Ranch 1,356 0.26 3 2-0
- 13 Curtis Lane 1/16/2002 $1 0.1 Cape Cod 1,760 0.22 4 2-1
- 9 Fisher Road 10/16/1997 $1 0.1 Colonial 2,400 0.29 6 3-0
- 244 Upper Main Street 6/18/2019 $2,700,000 0.1 Apartments 2,016 0.25 4 4-0
- 31 Pinehurst Road 6/17/2021 $2,695,000 0.1 Standard Plus 4,346 0.26 3 3-0
- 29 Pinehurst Road 5/31/2022 $100 0.1 Cape Cod 1,134 0.17 2 1-0
- 247 Upper Main Street 4/1/2015 $177,000 0.1 Vacant Land 0.07 -
- 199 Upper Main Street 5/21/2014 $1 0.1 Store 0.22 2-
- 39 Curtis Lane 8/7/1974 $0 0.1 Cape Cod 1,008 1.2 3 1-0
- 41 Pinehurst Road 10/27/1995 $40,000 0.1 Ranch 663 0.12 2 1-0
- 208 Upper Main Street 10/1/2013 $1 0.1 Condominium 2,008 0 3 2-2
- 210 Upper Main Street Unit 2 10/11/2013 $438,000 0.1 Condominium 1,367 0 1 1-1
- 43 Pinehurst Road 7/8/2022 $1 0.1 Standard Basic 833 0.29 3 1-0
- 23 Pinehurst Road 12/6/2023 $1,550,000 0.1 Ranch 504 0.42 1 0-1
- 16 Cyprien Way Unit 1 9/15/2017 $345,000 0.1 Condominium 643 0.04 2 1-1
- 16 Cyprien Way Unit 2 8/25/1989 $106,500 0.1 Condominium 643 0.04 2 1-1
- 50 Curtis Lane 6/16/1998 $190,000 0.1 Cape Cod 2,484 0.37 4 3-1
- 202 Upper Main Street 4/21/1998 $100,000 0.1 Colonial 2,201 0.15 2 1-0
- 249 Upper Main Street 4/23/2003 $2,770,000 0.1 Vacant Land 0.31 -
- 45 Curtis Lane 10/14/2022 $1,450,000 0.1 Cape Cod 1,310 0.41 3 1-0
- 27 Pinehurst Road 1/26/2021 $690,000 0.1 Ranch 630 0.15 2 1-0
- 248 Upper Main Street 9/16/2021 $1,625,000 0.1 Ranch 864 0.34 1 1-0
- 5 Curtis Lane 8/15/1984 $0 0.1 Ranch 1,308 0.19 3 3-0
- 11 Curtis Lane 11/24/1997 $1 0.1 Bungalow 798 0.18 2 1-0
- 200 Upper Main Street 2/15/1961 $0 0.1 Bungalow 620 0.22 1 1-0
- 49 Curtis Lane 11/25/2020 $777,000 0.1 Colonial 3,145 0.22 4 2-1
- 250 Upper Main Street 9/16/2021 $1,625,000 0.1 Store 0.3 2-
- 49 Pinehurst Road 12/18/2017 $1 0.1 Cape Cod 1,638 0.17 3 2-0
- 7 Cyprien Way 8/30/2013 $350,001 0.1 Ranch 1,148 0.12 3 2-0
- 21 Pinehurst Road 10/27/2020 $309,000 0.1 Standard Basic 658 0.13 1 1-0
- 15 Fisher Road 10/16/1997 $1 0.1 Colonial 2,400 0.29 6 3-0
- 251 Upper Main Street 4/23/2003 $2,770,000 0.1 Vacant Land 0.85 -
- 53 Pinehurst Road 8/15/2018 $1,680,000 0.1 Colonial 3,090 0.23 4 4-2
- 189 Upper Main Street 12/17/2004 $1 0.1 Custom 2,204 0.23 3 1-0
- 7 Curtis Lane 11/21/2023 $1,760,000 0.1 Cape Cod 1,286 0.39 3 1-0
- 196 Upper Main Street 5/15/2001 $500,000 0.1 Service Shop 0.34 0-
- 38 Pinehurst Road 3/2/2022 $10 0.1 Standard Plus 2,836 0.32 3 2-0
- 40 Pinehurst Road 5/18/2011 $1 0.1 Ranch 849 0.11 2 1-0
- 13 Cyprien Way 10/19/2020 $615,000 0.1 Ranch 1,246 0.17 2 2-0
- 18 Cyprien Way 4/6/2018 $500,000 0.1 Cape Cod 879 0.2 2 1-0
- 257 Upper Main Street 4/23/2003 $2,770,000 0.1 Branch Bank 0.41 1-
- 34 Pinehurst Road 4/1/2013 $1 0.1 Ranch 387 0.2 1 1-0
- 42 Pinehurst Road 4/1/2021 $700,000 0.1 Ranch 720 0.11 3 2-0
- 56 Curtis Lane 1/12/2022 $10 0.1 Ranch 1,148 0.15 3 2-0
- 254 Upper Main Street 4/7/2021 $1,025,000 0.1 Cape Cod 1,186 0.22 3 2-0
- 55 Pinehurst Road 11/30/2023 $1,575,000 0.1 Cape Cod 1,260 0.25 3 2-0
- 26 Pinehurst Road 6/9/2011 $1 0.1 Cape Cod 1,568 0.42 2 2-0
- 53 Curtis Lane 4/29/1991 $120,000 0.1 Bungalow 1,002 0.34 2 1-1
- 46 Pinehurst Road 12/30/1998 $120,000 0.1 Cape Cod 1,440 0.15 4 2-0
- 17 Pine Tree Lane 3/23/2018 $400,000 0.1 Ranch 2,518 0.23 3 2-1
- 15 Pinehurst Road 1/22/2015 $204,000 0.1 Ranch 1,196 0.21 4 2-0
- 15 Cyprien Way 5/31/2011 $250,000 0.1 Ranch 1,338 0.21 3 2-0
Averages 5149 days $910,730 0.09 --- 1,308 0.27 --- ---  
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 93 225 Upper Main Street