47 Cottage Street, Edgartown, MA 02539

47 Cottage Street Edgartown MA 02539
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Owner Information
Owner 1
Sean E Murphy
Owner 2
Emerald Nominee Trust
Owner's Address
P O Box 5021 Edgartown, MA 02539
Market Sale Information
Most recent sale date
9/20/2010
Previous sale date
5/8/1986
Transfer document #
1221-1037
Previous transfer document
00447-0735
Grantor
Jerome W Pikor
Previous grantor
Most recent sale price
$1,600,000.00
Previous sale price
$425,000.00
Site Information
Property ID
20-B-86-3
Lot Size
0.2
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
Stories
2
Number of Beds
4
Year Built
2013
Number of full baths
5
Condition
Number of half baths
1
Finished Area
3086
Number of Kitchen
Gross Living Area
7089
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,727,000.00
Total value
$5,598,500.00
Building value
$3,802,700.00
Estimated tax
$14,276.00
Yard improvement value
$68,800.00
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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 47 Cottage Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $518.47 Style Custom Age 2013 Rooms Bedrooms 4 Full baths 5 Half baths 1 Gross Living Area 7089 Heating Fuel Gas Detached Garage Lot Size 0.2 Roof Cover Wood Shingle AEM Value - Building $3,802,700.00 AEM Value - Land $1,727,000.00 AEM Value - Other $68,800.00 AEM Value - Total $5,598,500.00
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) 40 Gaines Way 0.2 9/5/2024 $9,523,000 3,038 2 $3134.63 Custom 1955 7 4 4 0 3898 Electric 0.46 Wood Shingle $1,339,300 $4,740,000 $4,100 $6,083,400
C) 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
D) 109 School Street 0.6 4/9/2024 $3,800,000 3,193 1.75 $1190.10 Custom 1900 6 4 0 4453 Oil 0.17 Asph/F Gls/Cmp $1,642,100 $1,061,900 $8,200 $2,712,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 47 Cottage Street 9/20/2010 $1,600,000 0 Custom 3,086 0.2 4 5-1 -
  Criteria
A 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
B 40 Gaines Way 9/5/2024 $9,523,000 0.2 Custom 3,038 0.46 4 4-0
C 62 South Water Street 5/3/2024 $4,500,000 0.4 Historical Custom 2,807 0.13 4 4-1
D 109 School Street 4/9/2024 $3,800,000 0.6 Custom 3,193 0.17 6 4-0
Averages 92 days $5,405,750 0.35 --- 2,862 0.24 --- ---  

Estimation of Market Value - $6,711,752

As of today, 09/19/2024, the estimated market value of 47 Cottage Street, Edgartown considering the above 4 comparable properties is $6,711,752.

 

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
@ 47 Cottage Street 9/20/2010 $1,600,000 0 Custom 3,086 0.2 4 5-1 -
  Criteria
A 45 Cottage Street 11/30/2016 $3,400,000 0.0 Custom 3,590 0.24 5 4-1
B 55 Cottage Street 3/2/2022 $10 0.0 Custom 2,358 0.2 4 3-0
C 101 Peases Point Way North 12/11/2019 $1 0.0 Custom 2,888 0.23 4 3-0
D 43 Cottage Street 2/19/2019 $1 0.0 Bungalow 1,112 0.17 2 1-0
E 56 Cottage Street 12/21/2021 $1 0.0 Historical Custom 4,317 0.16 6 6-1
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 91 Peases Point Way North 9/13/2012 $1 0.0 Bungalow 1,781 0.14 3 1-1
I 24 Fuller Street 10/4/2019 $1 0.0 Custom 2,896 0.32 4 4-1
J 39 Cottage Street 3/22/2019 $1 0.0 Custom 2,923 0.23 4 4-0
K 14 Fuller Street 7/6/2015 $1 0.0 Historical Custom 3,310 0.44 5 3-0
L 28 Fuller Street 7/31/2013 $2,100,000 0.0 Vacant Land 0.29 -
M 111 Peases Point Way North 1/10/2024 $5,150,000 0.0 Custom 2,324 0.29 4 3-1
N 87 Peases Point Way North 10/11/2016 $1,750,000 0.1 Colonial 2,570 0.15 4 4-1
O 47 Morse Street 6/9/2020 $1 0.1 Historical Custom 2,871 0.25 4 3-1
P 49 Morse Street 10/25/2018 $5,150,000 0.1 Custom 3,238 0.23 4 7-1
Q 45 Morse Street 12/27/2013 $1 0.1 Custom 2,296 0.21 4 2-0
R 6 Fuller Street 4/11/2007 $3,760,000 0.1 Historical Custom 4,240 0.3 6 5-0
S 30 Fuller Street 4/22/2021 $4,500,000 0.1 Custom 2,178 0.38 3 2-1
T 33 Cottage Street 11/20/2014 $4,450,000 0.1 Custom 3,731 0.21 5 5-1
U 115 Peases Point Way North 4/3/2019 $1 0.1 Custom 4,191 0.49 5 5-1
V 121 Peases Point Way North 9/11/2007 $4,300,000 0.1 Estate 0.26 4 4-2
W 86 Peases Point Way North 12/1/2009 $3,750,000 0.1 Historical Custom 3,687 0.28 5 5-1
X 85 Peases Point Way North 4/14/2004 $1 0.1 Custom 0.15 4 3-1
Y 34 Fuller Street 8/1/2001 $2,000,000 0.1 Historical Custom 0.29 4 4-1
Z 32 Cottage Street 2/17/2021 $2,750,000 0.1 Custom 2,200 0.2 4 3-0
- 41 Morse Street 4/11/2000 $1 0.1 Historical Custom 2,372 0.12 7 4-0
- 108 Peases Point Way North 1/6/2017 $9,400,000 0.1 Historical Custom 1.04 7 8-3
- 84 Peases Point Way North 5/29/2018 $1 0.1 Custom 1,549 0.13 4 6-
- 37 Morse Street 1/29/2020 $4,234,000 0.1 Historical Custom 0.23 4 5-1
- 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
- 7 North Spyglass Lane 1/16/2008 $1 0.1 Custom 2,004 0.28 3 2-0
- 27 Fuller Street 9/15/2022 $100 0.1 Custom 2,498 0.2 4 2-0
- 40 Fuller Street 8/11/2017 $1,300,000 0.1 Custom 4,495 0.24 5 3-0
- 23 Fuller Street 12/2/1994 $1 0.1 Vacant Land 0.3 -
- 5 Wilbur Lane 1/26/2021 $1 0.1 Ranch 2,311 0.66 4 3-0
- 80 Peases Point Way North 3/5/2015 $1 0.1 Cape Cod 1,429 0.11 4 2-0
- 120 Peases Point Way North 1/6/2017 $9,400,000 0.1 Vacant Land 0.7 -
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
- 84 North Summer Street 11/4/2021 $1 0.1 Custom 2,661 0.14 3 3-1
- 33 Fuller Street 12/6/2021 $1 0.1 Custom 6,442 0.39 5 4-0
- 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
- 24 Cottage Street 10/1/2013 $2,605,000 0.1 Estate 3,714 0.29 6 6-1
- 54 Morse Street 9/10/2021 $10 0.1 Custom 724 0.35 1 1-0
- 78 Peases Point Way North 7/10/2014 $1,625,000 0.1 Standard Basic 1,762 0.16 5 4-0
- 23 Cottage Street 2/23/2000 $1 0.1 Custom 2,916 0.21 3 2-1
- 6 Wilbur Lane 4/22/1986 $116,000 0.1 Cape Cod 1,652 0.12 4 2-0
- 82 North Summer Street 6/2/2021 $1 0.1 Custom 1,677 0.16 3 1-0
- 2 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Vacant Land 0.29 -
- 37 Fuller Street 7/1/1992 $410,000 0.1 Custom 3,298 0.28 5 5-2
- 125 Peases Point Way North 4/17/2020 $1 0.1 Custom 2,854 0.44 5 4-0
- 94 Peases Point Way North 7/31/1964 $0 0.1 Clubs/Lodges 3.7 5 4-
- 7 Angevin'S Lane 6/14/2002 $1 0.1 Colonial 1,856 0.5 3 2-0
- 40 Morse Street 12/26/2012 $1 0.1 Estate 5,805 0.43 6 7-3
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 21 Cottage Street 8/11/2021 $10 0.1 Historical Custom 2,403 0.21 4 2-1
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 4 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Custom 5,956 0.55 5 7-1
- 80 North Summer Street 6/17/2003 $1 0.1 Custom 1,634 0.12 3 2-0
- 38 Morse Street 9/28/2020 $6,875,000 0.1 Historical Custom 3,249 0.29 5 5-2
- 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
- 39 Fuller Street 4/17/2013 $1,675,000 0.1 Custom 4,846 0.3 5 4-1
- 20 Braleys Way 6/2/2016 $1 0.1 Custom 2,654 0.5 4 3-1
- 69 Peases Point Way North 8/28/1981 $1 0.1 Standard Basic 1,260 0.09 2 1-0
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
- 74 Peases Point Way North 7/12/2019 $1 0.1 Custom 3,982 0.59 4 6-1
- 19 Cottage Street 12/28/2012 $1 0.1 Custom 3,860 0.12 4 5-0
- 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
- 74 North Summer Street 7/30/2003 $1,465,000 0.1 Historical Custom 2,492 0.21 4 3-2
- 112 North Water Street 12/28/2018 $1 0.1 Custom 468 0.13 1 1-0
- 67 Peases Point Way North 1/5/2009 $1 0.1 Colonial 2,080 0.12 3 2-1
- 9 Wilbur Lane 4/30/2012 $1,900,000 0.1 Custom 4,195 0.71 6 5-1
- 45 Fuller Street 4/15/2014 $1,825,000 0.1 Custom 4,606 0.41 5 5-1
- 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
- 36 Morse Street 11/5/2019 $4,113,000 0.1 Historical Custom 2,471 0.38 5 3-1
- 73 North Summer Street 1/2/2018 $375,000 0.1 Historical Custom 1,800 0.22 3 2-0
Averages 4561 days $1,597,643 0.08 --- 2,448 0.33 --- ---  
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 3 47 Cottage Street