38 Pinehurst Road, Edgartown, MA 02539

38 Pinehurst Road Edgartown MA 02539
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Owner Information
Owner 1
Pinehurst 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
3/19/2020
Transfer document #
01616-177
Previous transfer document
1523-871
Grantor
36-38 Pinehurst Road LLC
Previous grantor
Mark Blodgett
Most recent sale price
$10.00
Previous sale price
$675,000.00
Site Information
Property ID
20-C-86
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Standard Plus
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
2020
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2836
Number of Kitchen
Gross Living Area
4909
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl/Asph Tile
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$557,300.00
Total value
$2,085,000.00
Building value
$1,469,400.00
Estimated tax
$5,316.00
Yard improvement value
$58,300.00
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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 38 Pinehurst Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Standard Plus Age 2020 Rooms 8 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4909 Heating Fuel Gas Detached Garage Lot Size 0.32 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,469,400.00 AEM Value - Land $557,300.00 AEM Value - Other $58,300.00 AEM Value - Total $2,085,000.00
A) 109 School Street 0.5 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
B) 17 Lenssen Way 0.6 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
C) 62 South Water Street 0.6 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) 26 Morse Street 0.8 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
E) 40 Gaines Way 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Pinehurst Road 3/2/2022 $10 0 Standard Plus 2,836 0.32 3 2-0 -
  Criteria
A 109 School Street 4/9/2024 $3,800,000 0.5 Custom 3,193 0.17 6 4-0
B 17 Lenssen Way 4/8/2024 $3,840,000 0.6 Standard Plus 2,300 2.01 3 4-0
C 62 South Water Street 5/3/2024 $4,500,000 0.6 Historical Custom 2,807 0.13 4 4-1
D 26 Morse Street 8/1/2024 $3,800,000 0.8 Historical Custom 2,408 0.18 4 2-1
E 40 Gaines Way 9/5/2024 $9,523,000 1.0 Custom 3,038 0.46 4 4-0
Averages 106 days $5,092,600 0.70 --- 2,749 0.59 --- ---  

Estimation of Market Value - $4,016,741

As of today, 09/18/2024, the estimated market value of 38 Pinehurst Road, Edgartown considering the above 5 comparable properties is $4,016,741.

 

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
@ 38 Pinehurst Road 3/2/2022 $10 0 Standard Plus 2,836 0.32 3 2-0 -
  Criteria
A 40 Pinehurst Road 5/18/2011 $1 0.0 Ranch 849 0.11 2 1-0
B 34 Pinehurst Road 4/1/2013 $1 0.0 Ranch 387 0.2 1 1-0
C 42 Pinehurst Road 4/1/2021 $700,000 0.0 Ranch 720 0.11 3 2-0
D 9 Hannahs Way 8/27/2024 $1,099,000 0.0 Ranch 888 0.18 2 2-0
E 41 Pinehurst Road 10/27/1995 $40,000 0.0 Ranch 663 0.12 2 1-0
F 35 Pinehurst Road 7/12/2002 $1 0.0 Ranch 1,616 0.26 3 2-0
G 5 Hannahs Way 2/26/2013 $1 0.0 Ranch 936 0.14 2 1-0
H 11 Chapman Lane 12/6/2022 $0 0.0 Ranch 1,456 0.26 3 2-0
I 39 Pinehurst Road 6/14/2006 $1 0.0 Ranch 972 0.23 3 2-0
J 46 Pinehurst Road 12/30/1998 $120,000 0.0 Cape Cod 1,440 0.15 4 2-0
K 13 Chapman Lane 12/19/2002 $1 0.0 Colonial 2,320 0.26 3 2-1
L 31 Pinehurst Road 6/17/2021 $2,695,000 0.0 Standard Plus 4,346 0.26 3 3-0
M 11 Hannahs Way 2/19/2004 $40,000 0.0 Ranch 758 0.16 3 1-0
N 26 Pinehurst Road 6/9/2011 $1 0.0 Cape Cod 1,568 0.42 2 2-0
O 43 Pinehurst Road 7/8/2022 $1 0.0 Standard Basic 833 0.29 3 1-0
P 27 Pinehurst Road 1/26/2021 $690,000 0.0 Ranch 630 0.15 2 1-0
Q 29 Pinehurst Road 5/31/2022 $100 0.0 Cape Cod 1,134 0.17 2 1-0
R 50 Pinehurst Road 3/6/2017 $600,000 0.0 Colonial 1,225 0.12 3 2-0
S 17 Chapman Lane 4/29/1985 $85,000 0.1 Modern/Contemporary 1,066 0.25 3 1-0
T 13 Hannahs Way 7/12/2022 $1,275,000 0.1 Raised Ranch 1,248 0.25 4 1-1
U 8 Hannahs Way 2/16/1996 $139,500 0.1 Cape Cod 1,323 0.14 3 2-0
V 49 Pinehurst Road 12/18/2017 $1 0.1 Cape Cod 1,638 0.17 3 2-0
W 222 Upper Main Street 7/30/2018 $2,000,000 0.1 Standard Plus 6,465 0.51 9 10-0
X 20 Hannahs Way 3/20/2015 $367,000 0.1 Cape Cod 1,810 0.24 3 2-0
Y 6 Chapman Lane 11/13/2015 $1 0.1 Standard Basic 1,663 0.24 4 2-0
Z 6 Hannahs Way 5/1/2003 $325,000 0.1 Ranch 936 0.14 2 1-0
- 54 Pinehurst Road Unit 1 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 54 Pinehurst Road Unit 2 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 54 Pinehurst Road Unit 3 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 54 Pinehurst Road Unit 4 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 230 Upper Main Street 11/22/2019 $1,223,000 0.1 Standard Basic 3,265 0.3 5 3-1
- 16 Chapman Lane 4/26/2021 $950,000 0.1 Ranch 824 0.5 2 1-0
- 12 Chapman Lane 6/16/1971 $0 0.1 Cape Cod 1,898 0.24 3 1-1
- 2 Sarahs Way 5/18/2016 $362,500 0.1 Ranch 1,456 0.26 3 2-0
- 220 Upper Main Street 11/18/2020 $1,000,000 0.1 Standard Plus 1,596 0.23 3 2-0
- 234 Upper Main Street 8/1/1988 $0 0.1 Apt/Store 0.47 0-
- 18 Pinehurst Road 10/8/2021 $1 0.1 Ranch 1,503 0.16 3 2-1
- 23 Pinehurst Road 12/6/2023 $1,550,000 0.1 Ranch 504 0.42 1 0-1
- 218 Upper Main Street 3/16/2018 $1 0.1 Restaurant 0.2 1 1-
- 22 Hannahs Way 6/2/2017 $780,000 0.1 Standard Basic 1,736 0.25 3 2-1
- 240 Upper Main Street 1/22/2021 $850,000 0.1 Bungalow 496 0.28 2 1-0
- 56 Pinehurst Road 6/23/2009 $485,000 0.1 Cape Cod 1,547 0.23 3 1-1
- 17 Hannahs Way 9/19/2017 $1 0.1 Colonial 792 0.14 1 1-0
- 53 Pinehurst Road 8/15/2018 $1,680,000 0.1 Colonial 3,090 0.23 4 4-2
- 8 Chapman Lane 3/22/1985 $110,000 0.1 Cape Cod 1,960 0.17 4 2-0
- 238 Upper Main Street 12/21/2020 $1,050,000 0.1 Apt/Office 0.26 -
- 19 Hannahs Way 9/19/2017 $1 0.1 Colonial 1,824 0.14 3 1-1
- 212 Upper Main Street 2/1/2008 $1 0.1 Store 0.58 0-
- 61 West Tisbury Road 7/10/1998 $850,000 0.1 Store 1.52 2-
- 21 Pinehurst Road 10/27/2020 $309,000 0.1 Standard Basic 658 0.13 1 1-0
- 60 Pinehurst Road 9/25/2017 $755,000 0.1 Cape Cod 1,456 0.13 2 2-0
- 21 Hannahs Way 8/31/2021 $1 0.1 Ranch 960 0.14 3 2-0
- 15 Pinehurst Road 1/22/2015 $204,000 0.1 Ranch 1,196 0.21 4 2-0
- 242 Upper Main Street 12/21/2020 $1,800,000 0.1 Ranch 940 0.24 2 1-0
- 55 Pinehurst Road 11/30/2023 $1,575,000 0.1 Cape Cod 1,260 0.25 3 2-0
- 24 Hannahs Way 1/10/2014 $430,000 0.1 Colonial 1,352 0.22 2 1-1
- 25 Hannahs Way 6/17/1998 $139,000 0.1 Ranch 936 0.15 2 1-0
- 83 West Tisbury Road 1/24/2006 $1,400,000 0.1 Standard Plus 0.46 5 2-1
- 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
- 62 Pinehurst Road 10/8/1998 $145,000 0.1 Cape Cod 1,795 0.12 3 2-0
- 79 West Tisbury Road 4/14/2021 $1,135,000 0.1 Cape Cod 1,520 0.25 2 2-1
- 244 Upper Main Street 6/18/2019 $2,700,000 0.1 Apartments 2,016 0.25 4 4-0
- 3 Bernard Way 4/14/2023 $1,330,000 0.1 Ranch 525 0.23 2 1-0
- 75 West Tisbury Road 12/18/2012 $1 0.1 Ranch 1,248 0.19 3 2-1
- 71 West Tisbury Road 6/20/1997 $104,000 0.1 Bungalow 800 0.28 3 1-1
- 30 Hannahs Way Unit A 9/21/2021 $1 0.1 Condominium 1,561 0 2 1-1
- 26 Hannahs Way Unit B 5/11/2016 $265,000 0.1 Condominium 1,596 0 2 1-1
- 57 Pinehurst Road 10/15/2014 $1 0.1 Colonial 2,920 0.25 3 3-0
- 95 West Tisbury Road 2/23/2012 $1 0.1 Cape Cod 2,159 1.8 3 3-0
- 31 Chase Road 6/18/2007 $301,000 0.1 Ranch 1,280 0.19 2 2-0
- 17 Pine Tree Lane 3/23/2018 $400,000 0.1 Ranch 2,518 0.23 3 2-1
- 206 Upper Main Street 5/5/2000 $620,000 0.1 Employee Housng 3,338 0.3 8 7-0
- 248 Upper Main Street 9/16/2021 $1,625,000 0.1 Ranch 864 0.34 1 1-0
- 231 Upper Main Street 6/14/2018 $8,000,000 0.1 Lodng/Motel 0.21 2 2-
- 7 Bernard Way 12/31/2021 $800,000 0.1 Outbuildings 0.24 -
- 64 Pinehurst Road 3/30/2017 $1 0.1 Cape Cod 1,768 0.13 4 2-0
- 32 Hannahs Way 5/15/1998 $135,500 0.1 Ranch 1,144 0.11 3 1-0
- 202 Upper Main Street 4/21/1998 $100,000 0.1 Colonial 2,201 0.15 2 1-0
- 219 Upper Main Street 12/29/2003 $1,760,000 0.1 Vacant Land 0.26 -
- 7 Pinehurst Road 1/24/2014 $440,000 0.1 Cape Cod 624 0.35 2 1-0
- 59 Pinehurst Road 6/8/1999 $155,000 0.1 Ranch 864 0.13 2 1-0
- 235 Upper Main Street 4/23/2003 $2,770,000 0.1 Vacant Land 0.2 -
- 4 Bernard Way 7/10/2020 $1,525,000 0.1 Cape Cod 0.17 4 4-0
- 29 Chase Road 11/9/2021 $575,000 0.1 Cape Cod 2,307 0.14 5 2-0
- 215 Upper Main Street 12/28/2003 $1,760,000 0.1 Vacant Land 0.26 -
- 61 Pinehurst Road 8/15/1986 $117,500 0.1 Ranch 936 0.12 3 1-0
- 250 Upper Main Street 9/16/2021 $1,625,000 0.1 Store 0.3 2-
- 225 Upper Main Street 6/14/2018 $8,000,000 0.1 Lodng/Motel 0.42 0-
- 211 Upper Main Street 12/28/2003 $1,760,000 0.1 Dance Academy 8,586 0.26 9 18-2
- 33 Chase Road 6/20/2000 $317,000 0.1 Cape Cod 2,205 0.22 5 2-0
- 36 Hannahs Way 7/23/2024 $1,395,000 0.1 Ranch 1,212 0.12 3 1-0
- 227 Upper Main Street 6/15/2018 $8,000,000 0.1 Restaurant 0.44 2-
- 63 Pinehurst Road 9/10/1990 $1 0.1 Colonial 1,248 0.1 2 2-0
- 200 Upper Main Street 2/15/1961 $0 0.1 Bungalow 620 0.22 1 1-0
- 49 Chase Road 12/31/2018 $1 0.1 Cape Cod 1,932 0.15 4 3-0
- 237 Upper Main Street 4/23/2003 $2,770,000 0.1 Vacant Land 0.2 -
- 37 Chase Road 2/18/1994 $85,000 0.1 Cape Cod 1,155 0.22 2 1-0
- 11 Bernard Way 12/14/2020 $1 0.1 Colonial 2,205 0.24 5 3-1
- 241 Upper Main Street 12/1/2004 $3,000,000 0.1 Vacant Land 0.03 -
Averages 5137 days $828,711 0.08 --- 1,294 0.24 --- ---  
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 C 86 38 Pinehurst Road