55 Cottage Street, Edgartown, MA 02539

55 Cottage Street Edgartown MA 02539
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Owner Information
Owner 1
Cottage Street Associates LLC
Owner 2
Owner's Address
2 Seaport Ln, 10Th Floor Boston, MA 02210
Market Sale Information
Most recent sale date
3/2/2022
Previous sale date
5/17/2019
Transfer document #
01616-174
Previous transfer document
1496-0587
Grantor
79ppw LLC
Previous grantor
Richard G J Ohare
Most recent sale price
$10.00
Previous sale price
$100.00
Site Information
Property ID
20-B-86-1
Lot Size
0.2
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1986
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2358
Number of Kitchen
Gross Living Area
4721
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
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,720,200.00
Total value
$3,250,100.00
Building value
$1,527,400.00
Estimated tax
$8,287.00
Yard improvement value
$2,500.00
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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 55 Cottage Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Custom Age 1986 Rooms Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 4721 Heating Fuel Electric Detached Garage Lot Size 0.2 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,527,400.00 AEM Value - Land $1,720,200.00 AEM Value - Other $2,500.00 AEM Value - Total $3,250,100.00
A) 26 Morse Street 0.1 8/1/2024 $3,800,000 2,408 2 $1578.07 Historical Custom 1840 8 4 2 1 2746 Oil 0.18 Asph/F Gls/Cmp $1,647,800 $1,676,000 $6,600 $3,330,400
B) 62 South Water Street 0.4 5/3/2024 $4,500,000 2,807 2 $1603.14 Historical Custom 1825 9 4 4 1 3710 Gas 0.13 Wood Shingle $1,846,400 $1,958,500 $10,900 $3,815,800
C) 17 Lenssen Way 0.8 4/8/2024 $3,840,000 2,300 1.75 $1669.57 Standard Plus 2001 8 3 4 0 4709 Gas 2.01 Wood Shingle $1,366,900 $1,779,700 $8,200 $3,154,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 Cottage Street 3/2/2022 $10 0 Custom 2,358 0.2 4 3-0 -
  Criteria
A 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
B 62 South Water Street 5/3/2024 $4,500,000 0.4 Historical Custom 2,807 0.13 4 4-1
C 17 Lenssen Way 4/8/2024 $3,840,000 0.8 Standard Plus 2,300 2.01 3 4-0
Averages 118 days $4,046,667 0.43 --- 2,505 0.77 --- ---  

Estimation of Market Value - $3,819,763

As of today, 09/19/2024, the estimated market value of 55 Cottage Street, Edgartown considering the above 3 comparable properties is $3,819,763.

 

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
@ 55 Cottage Street 3/2/2022 $10 0 Custom 2,358 0.2 4 3-0 -
  Criteria
A 47 Cottage Street 9/20/2010 $1,600,000 0.0 Custom 3,086 0.2 4 5-1
B 101 Peases Point Way North 12/11/2019 $1 0.0 Custom 2,888 0.23 4 3-0
C 56 Cottage Street 12/21/2021 $1 0.0 Historical Custom 4,317 0.16 6 6-1
D 45 Cottage Street 11/30/2016 $3,400,000 0.0 Custom 3,590 0.24 5 4-1
E 91 Peases Point Way North 9/13/2012 $1 0.0 Bungalow 1,781 0.14 3 1-1
F 50 Cottage Street 10/7/1993 $237,000 0.0 Custom 3,571 0.18 5 4-1
G 107 Peases Point Way North 1/2/2008 $3,500,000 0.0 Colonial 5,476 0.57 6 6-1
H 43 Cottage Street 2/19/2019 $1 0.0 Bungalow 1,112 0.17 2 1-0
I 111 Peases Point Way North 1/10/2024 $5,150,000 0.0 Custom 2,324 0.29 4 3-1
J 87 Peases Point Way North 10/11/2016 $1,750,000 0.0 Colonial 2,570 0.15 4 4-1
K 24 Fuller Street 10/4/2019 $1 0.1 Custom 2,896 0.32 4 4-1
L 14 Fuller Street 7/6/2015 $1 0.1 Historical Custom 3,310 0.44 5 3-0
M 49 Morse Street 10/25/2018 $5,150,000 0.1 Custom 3,238 0.23 4 7-1
N 39 Cottage Street 3/22/2019 $1 0.1 Custom 2,923 0.23 4 4-0
O 86 Peases Point Way North 12/1/2009 $3,750,000 0.1 Historical Custom 3,687 0.28 5 5-1
P 108 Peases Point Way North 1/6/2017 $9,400,000 0.1 Historical Custom 1.04 7 8-3
Q 47 Morse Street 6/9/2020 $1 0.1 Historical Custom 2,871 0.25 4 3-1
R 28 Fuller Street 7/31/2013 $2,100,000 0.1 Vacant Land 0.29 -
S 45 Morse Street 12/27/2013 $1 0.1 Custom 2,296 0.21 4 2-0
T 85 Peases Point Way North 4/14/2004 $1 0.1 Custom 0.15 4 3-1
U 84 Peases Point Way North 5/29/2018 $1 0.1 Custom 1,549 0.13 4 6-
V 115 Peases Point Way North 4/3/2019 $1 0.1 Custom 4,191 0.49 5 5-1
W 121 Peases Point Way North 9/11/2007 $4,300,000 0.1 Estate 0.26 4 4-2
X 6 Fuller Street 4/11/2007 $3,760,000 0.1 Historical Custom 4,240 0.3 6 5-0
Y 5 Wilbur Lane 1/26/2021 $1 0.1 Ranch 2,311 0.66 4 3-0
Z 30 Fuller Street 4/22/2021 $4,500,000 0.1 Custom 2,178 0.38 3 2-1
- 41 Morse Street 4/11/2000 $1 0.1 Historical Custom 2,372 0.12 7 4-0
- 80 Peases Point Way North 3/5/2015 $1 0.1 Cape Cod 1,429 0.11 4 2-0
- 33 Cottage Street 11/20/2014 $4,450,000 0.1 Custom 3,731 0.21 5 5-1
- 120 Peases Point Way North 1/6/2017 $9,400,000 0.1 Vacant Land 0.7 -
- 34 Fuller Street 8/1/2001 $2,000,000 0.1 Historical Custom 0.29 4 4-1
- 32 Cottage Street 2/17/2021 $2,750,000 0.1 Custom 2,200 0.2 4 3-0
- 37 Morse Street 1/29/2020 $4,234,000 0.1 Historical Custom 0.23 4 5-1
- 6 Wilbur Lane 4/22/1986 $116,000 0.1 Cape Cod 1,652 0.12 4 2-0
- 84 North Summer Street 11/4/2021 $1 0.1 Custom 2,661 0.14 3 3-1
- 94 Peases Point Way North 7/31/1964 $0 0.1 Clubs/Lodges 3.7 5 4-
- 7 North Spyglass Lane 1/16/2008 $1 0.1 Custom 2,004 0.28 3 2-0
- 78 Peases Point Way North 7/10/2014 $1,625,000 0.1 Standard Basic 1,762 0.16 5 4-0
- 54 Morse Street 9/10/2021 $10 0.1 Custom 724 0.35 1 1-0
- 40 Fuller Street 8/11/2017 $1,300,000 0.1 Custom 4,495 0.24 5 3-0
- 7 Angevin'S Lane 6/14/2002 $1 0.1 Colonial 1,856 0.5 3 2-0
- 27 Cottage Street 7/26/2013 $4,900,000 0.1 Historical Custom 4,562 0.32 6 5-1
- 30 Cottage Street 5/1/2020 $1,825,000 0.1 Standard Basic 1,536 0.18 3 2-0
- 82 North Summer Street 6/2/2021 $1 0.1 Custom 1,677 0.16 3 1-0
- 27 Fuller Street 9/15/2022 $100 0.1 Custom 2,498 0.2 4 2-0
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
- 23 Fuller Street 12/2/1994 $1 0.1 Vacant Land 0.3 -
- 20 Braleys Way 6/2/2016 $1 0.1 Custom 2,654 0.5 4 3-1
- 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
- 125 Peases Point Way North 4/17/2020 $1 0.1 Custom 2,854 0.44 5 4-0
- 33 Fuller Street 12/6/2021 $1 0.1 Custom 6,442 0.39 5 4-0
- 9 Wilbur Lane 4/30/2012 $1,900,000 0.1 Custom 4,195 0.71 6 5-1
- 80 North Summer Street 6/17/2003 $1 0.1 Custom 1,634 0.12 3 2-0
- 2 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Vacant Land 0.29 -
- 40 Morse Street 12/26/2012 $1 0.1 Estate 5,805 0.43 6 7-3
- 69 Peases Point Way North 8/28/1981 $1 0.1 Standard Basic 1,260 0.09 2 1-0
- 24 Cottage Street 10/1/2013 $2,605,000 0.1 Estate 3,714 0.29 6 6-1
- 74 Peases Point Way North 7/12/2019 $1 0.1 Custom 3,982 0.59 4 6-1
- 4 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Custom 5,956 0.55 5 7-1
- 23 Cottage Street 2/23/2000 $1 0.1 Custom 2,916 0.21 3 2-1
- 38 Morse Street 9/28/2020 $6,875,000 0.1 Historical Custom 3,249 0.29 5 5-2
- 37 Fuller Street 7/1/1992 $410,000 0.1 Custom 3,298 0.28 5 5-2
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 11 Angevin'S Lane 4/2/2015 $1,700,000 0.1 Vacant Land 0.5 -
- 67 Peases Point Way North 1/5/2009 $1 0.1 Colonial 2,080 0.12 3 2-1
- 7 Sheriffs Lane 1/1/1900 $0 0.1 Custom 3,082 0.98 5 3-1
- 74 North Summer Street 7/30/2003 $1,465,000 0.1 Historical Custom 2,492 0.21 4 3-2
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 21 Cottage Street 8/11/2021 $10 0.1 Historical Custom 2,403 0.21 4 2-1
- 10 Wilbur Lane 12/26/2012 $1 0.1 Custom 958 0.53 2 2-0
- 39 Fuller Street 4/17/2013 $1,675,000 0.1 Custom 4,846 0.3 5 4-1
- 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
- 46 Braleys Way 10/23/1989 $0 0.1 Custom 2,260 0.54 2 2-1
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
Averages 5239 days $1,589,016 0.08 --- 2,388 0.35 --- ---  
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 B 86 1 55 Cottage Street