44 Gaines Way, Edgartown, MA 02539

Owner Information
Owner 1
Spencer G Lake
Owner 2
Heather M Lake
Owner's Address
68 Canfield Gardens London, -- MW63ED
Market Sale Information
Most recent sale date
4/5/2010
Previous sale date
3/26/2007
Transfer document #
0069-0295
Previous transfer document
1115-0596
Grantor
Freeman Judith B Family LTD Ptnrshp
Previous grantor
Judith B Freeman
Most recent sale price
$4,392,500.00
Previous sale price
$1.00
Site Information
Property ID
20-B-98-1
Lot Size
0.43
Use Code
109 - Multiple Houses on one parcel
Zoning
R5
Building Style
Custom
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2012
Number of full baths
4
Condition
Number of half baths
3
Finished Area
3887
Number of Kitchen
Gross Living Area
7632
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
$4,725,000.00
Total value
$10,192,200.00
Building value
$5,400,500.00
Estimated tax
$25,990.00
Yard improvement value
$66,700.00
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 44 Gaines Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,130.05 Style Custom Age 2012 Rooms Bedrooms 5 Full baths 4 Half baths 3 Gross Living Area 7632 Heating Fuel Gas Detached Garage Lot Size 0.43 Roof Cover Wood Shingle AEM Value - Building $5,400,500.00 AEM Value - Land $4,725,000.00 AEM Value - Other $66,700.00 AEM Value - Total $10,192,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 44 Gaines Way 4/5/2010 $4,392,500 0 Custom 3,887 0.43 5 4-3 -
  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
  • 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
@ 44 Gaines Way 4/5/2010 $4,392,500 0 Custom 3,887 0.43 5 4-3 -
  Criteria
A 40 Gaines Way 9/5/2024 $9,523,000 0.0 Custom 3,038 0.46 4 4-0
B 50 Gaines Way 9/27/2013 $2,788,875 0.0 Custom 3,340 0.58 5 4-1
C 34 Gaines Way 5/3/1979 $55,000 0.0 Modern/Contemporary 3,712 0.39 5 5-0
D 74 Fuller Street 12/24/2012 $1 0.0 Custom 2,077 0.3 3 4-0
E 76 Fuller Street 12/24/2012 $1 0.0 Custom 0.29 3 3-0
F 72 Fuller Street 9/27/2013 $1,373,625 0.0 Outbuildings 0.3 -
G 1 Ox Pond Meadow 12/28/2000 $1 0.0 Colonial 2,412 1.1 4 4-0
H 28 Gaines Way 12/31/2009 $1 0.0 Custom 1,896 0.51 3 2-1
I 82 Fuller Street 4/4/2016 $1 0.0 Estate 3,592 0.61 4 3-0
J 0 Orr Lane $0 0.1 Vacant Land 3.7 -
K 66 Fuller Street 8/19/2009 $1 0.1 Cape Cod 1,428 0.38 2 2-0
L 60 Fuller Street 1/13/1984 $285,000 0.1 Cape Cod 2,115 0.38 2 4-0
M 6 Ox Pond Meadow 4/26/1994 $1 0.1 Vacant Land 0.4 -
N 18 Starbuck Neck Road 7/21/2022 $1 0.1 Estate 0.45 6 6-1
O 4 Ox Pond Meadow 9/21/1988 $0 0.1 Standard Plus 1,646 0.59 4 2-0
P 20 Orr Lane 1/25/2021 $9,500,000 0.1 Custom 4,444 1.22 4 3-0
Q 2 Ox Pond Meadow 12/27/2010 $1 0.1 Custom 7,421 0.2 6 7-1
R 63 Fuller Street 10/31/2016 $2,950,000 0.1 Job Shop(s) 0.34 3 2-
S 94 Fuller Street 8/9/2001 $1 0.1 Custom 4,791 0.62 5 8-1
T 26 Orr Lane 1/25/2021 $5,500,000 0.1 Standard Basic 394 1.13 2 1-0
U 21 Starbuck Neck Road 10/30/1996 $2,450,000 0.1 Estate 5,670 0.95 6 6-1
V 15 Gaines Way 2/12/2001 $9,000,000 0.1 Custom 6,917 1.96 5 6-2
W 52 Fuller Street 3/15/2022 $10 0.1 Historical Custom 5,115 0.23 4 4-2
X 14 Starbuck Neck Road 6/7/2013 $1 0.1 Estate 6,726 0.34 5 4-2
Y 4 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Custom 5,956 0.55 5 7-1
Z 125 Peases Point Way North 4/17/2020 $1 0.1 Custom 2,854 0.44 5 4-0
- 23 Thayer Street 10/14/2014 $2,900,000 0.1 Outbuildings 0.38 -
- 15 Starbuck Neck Road 12/31/2002 $1 0.1 Estate 4,299 0.74 5 4-0
- 2 Tuthill Lane 12/4/1995 $500,000 0.1 Vacant Land 1.28 -
- 14 Thayer Street 12/22/2015 $1 0.1 Historical Custom 3,154 0.62 5 4-1
- 0 Orr Lane 12/29/1989 $6,500 0.1 Vacant Land 3.7 -
Averages 6015 days $1,768,775 0.08 --- 2,677 0.81 --- ---  
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 98 1 44 Gaines Way