71 School Street, Edgartown, MA 02539

71 School Street Edgartown MA 02539
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Owner Information
Owner 1
Vineyard Time LLC
Owner 2
Owner's Address
3327 O St Nw Washington, DC 20007
Market Sale Information
Most recent sale date
8/10/2020
Previous sale date
10/4/2019
Transfer document #
1538-340
Previous transfer document
1507-1046
Grantor
Michael E Lackey
Previous grantor
William Amory Parker
Most recent sale price
$10.00
Previous sale price
$2,725,000.00
Site Information
Property ID
20-D-154
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
9
Stories
1.75
Number of Beds
5
Year Built
1910
Number of full baths
4
Condition
Number of half baths
0
Finished Area
2607
Number of Kitchen
Gross Living Area
4896
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,631,400.00
Total value
$3,509,400.00
Building value
$1,872,100.00
Estimated tax
$8,948.00
Yard improvement value
$5,900.00
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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 71 School Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Custom Age 1910 Rooms 9 Bedrooms 5 Full baths 4 Half baths 0 Gross Living Area 4896 Heating Fuel Oil Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,872,100.00 AEM Value - Land $1,631,400.00 AEM Value - Other $5,900.00 AEM Value - Total $3,509,400.00
A) 37 Cooke Street 0.1 9/18/2024 $8,500,000 3,231 1.75 $2630.76 Historical Custom 2016 8 4 5 1 5658 Oil 0.17 Wood Shingle $3,075,900 $1,667,100 $41,500 $4,784,500
B) 62 South Water Street 0.1 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) 109 School Street 0.1 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
D) 26 Morse Street 0.4 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 0.7 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
F) 17 Lenssen Way 0.9 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
@ 71 School Street 8/10/2020 $10 0 Custom 2,607 0.16 5 4-0 -
  Criteria
A 37 Cooke Street 9/18/2024 $8,500,000 0.1 Historical Custom 3,231 0.17 4 5-1
B 62 South Water Street 5/3/2024 $4,500,000 0.1 Historical Custom 2,807 0.13 4 4-1
C 109 School Street 4/9/2024 $3,800,000 0.1 Custom 3,193 0.17 6 4-0
D 26 Morse Street 8/1/2024 $3,800,000 0.4 Historical Custom 2,408 0.18 4 2-1
E 40 Gaines Way 9/5/2024 $9,523,000 0.7 Custom 3,038 0.46 4 4-0
F 17 Lenssen Way 4/8/2024 $3,840,000 0.9 Standard Plus 2,300 2.01 3 4-0
Averages 101 days $5,660,500 0.41 --- 2,830 0.52 --- ---  

Estimation of Market Value - $5,103,174

As of today, 10/01/2024, the estimated market value of 71 School Street, Edgartown considering the above 6 comparable properties is $5,103,174.

 

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
@ 71 School Street 8/10/2020 $10 0 Custom 2,607 0.16 5 4-0 -
  Criteria
A 75 School Street 1/6/2016 $1,500,000 0.0 Standard Plus 1,583 0.16 2 2-0
B 69 School Street 2/25/2021 $1 0.0 Historical Custom 1,729 0.16 5 3-0
C 74 South Summer Street 9/27/2011 $2,200,000 0.0 Historical Custom 2,546 0.16 4 2-0
D 65 School Street 6/28/2013 $4,300,000 0.0 Custom 0.15 5 5-2
E 79 School Street 8/30/2016 $1 0.0 Historical Custom 2,617 0.19 4 3-0
F 78 South Summer Street 9/14/2007 $2,075,000 0.0 Historical Custom 2,454 0.18 4 3-1
G 25 High Street 8/31/2021 $1,950,000 0.0 Colonial 2,272 0.08 4 2-1
H 70 South Summer Street 3/9/1994 $280,000 0.0 Ranch 1,824 0.21 3 2-0
I 74 School Street 10/13/2016 $1 0.0 Historical Custom 2,473 0.23 5 3-1
J 63 School Street 8/18/2021 $1 0.0 Historical Custom 2,372 0.17 3 2-1
K 80 South Summer Street 9/16/1994 $335,000 0.0 Colonial 2,260 0.14 4 2-1
L 8 Norton Street 3/28/2014 $1 0.0 Cape Cod 1,841 0.17 4 4-0
M 80 School Street 2/17/2012 $3,250,000 0.0 Historical Custom 4,816 0.32 5 4-0
N 66 South Summer Street 4/2/2009 $1 0.0 Historical Custom 2,021 0.29 5 3-1
O 64 South Summer Street 5/10/2018 $1 0.0 Custom 1,352 0.11 3 2-0
P 75 South Summer Street 8/9/2006 $1 0.0 Historical Custom 2,357 0.3 5 4-0
Q 28 High Street 8/6/2004 $1,300,000 0.0 Historical Custom 3,746 0.21 5 4-0
R 59 School Street 11/23/2020 $6,245,000 0.1 Historical Custom 0.27 4 4-1
S 10 Norton Street 9/28/2020 $4,250,000 0.1 Custom 3,007 0.2 4 4-1
T 86 South Summer Street 1/22/2007 $1,625,000 0.1 Historical Custom 3,352 0.23 4 4-3
U 7 Norton Street 3/30/2015 $1 0.1 Custom 825 0.25 1 1-0
V 79 South Summer Street 10/12/1994 $1 0.1 Cape Cod 1,706 0.13 3 2-0
W 62 South Summer Street 4/12/2007 $1,109,066 0.1 Historical Custom 2,189 0.11 3 3-0
X 86 School Street 5/31/2019 $3,000,000 0.1 Custom 2,606 0.21 4 4-1
Y 12 Norton Street 10/24/2022 $3,900,005 0.1 Standard Plus 2,932 0.13 4 3-2
Z 64 School Street 3/30/2015 $1 0.1 Historical Custom 6,122 0.68 7 6-0
- 65 South Summer Street 3/18/2016 $1 0.1 Historical Custom 2,437 0.26 6 3-0
- 9 Norton Street 6/3/2014 $1 0.1 Custom 2,642 0.14 5 3-1
- 58 School Street 8/4/2011 $1 0.1 Custom 1,268 0.18 3 1-0
- 92 South Summer Street 11/13/2012 $1 0.1 Historical Custom 1,727 0.36 3 3-0
- 85 South Summer Street 9/25/2014 $1 0.1 Custom 1,732 0.22 4 3-1
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 9 High Street 2/11/2011 $1,350,000 0.1 Custom 2,049 0.14 4 3-1
- 42 High Street 8/31/2011 $1 0.1 Cape Cod 1,771 0.13 4 3-0
- 7 High Street 10/15/2018 $1 0.1 Cape Cod 3,870 0.28 4 3-0
- 14 Norton Street 12/1/2015 $1 0.1 Colonial 3,096 0.16 4 4-1
- 56 School Street 4/19/1996 $475,000 0.1 Custom 2,950 0.18 3 2-0
- 11 Norton Street 4/30/2002 $627,000 0.1 Ranch 600 0.16 2 1-0
- 93 School Street 12/14/2012 $1 0.1 Custom 3,592 0.2 4 5-0
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 90 School Street 11/6/2020 $3,750,000 0.1 Standard Plus 4,192 0.42 3 4-1
- 49 High Street 11/14/2016 $1 0.1 Custom 2,641 0.38 4 2-0
- 89 South Summer Street 9/25/2015 $1,625,000 0.1 Custom 2,820 0.22 4 3-2
- 51 School Street 12/3/2018 $0 0.1 Historical Custom 2,676 0.4 3 0-1
- 57 South Summer Street 5/30/2018 $1 0.1 Custom 2,182 0.21 3 3-0
- 96 South Summer Street 6/23/2014 $1,290,000 0.1 Custom 0.3 4 5-1
- 10 High Street 5/10/2024 $3,000,000 0.1 Custom 1,748 0.15 3 1-1
- 92 South Water Street 10/22/2018 $4,750,000 0.1 Colonial 5,573 0.49 5 6-1
- 18 Norton Street 1/23/2006 $1,770,000 0.1 Custom 2,312 0.19 3 3-0
- 52 Cooke Street 1/27/2014 $1,580,000 0.1 Standard Basic 1,508 0.38 2 3-0
- 46 Cooke Street 10/22/2012 $2,950,000 0.1 Historical Custom 5,556 0.34 8 6-2
- 19 Norton Street 6/15/2016 $1 0.1 Colonial 0.27 4 4-1
- 95 School Street 10/31/2023 $4,400,000 0.1 Standard Plus 2,161 0.13 4 3-1
- 52 South Summer Street 8/30/2024 $9,000,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 50 High Street 4/29/2021 $240,000 0.1 Condominium 2,000 0 2 1-1
- 96 School Street 3/26/2018 $1 0.1 Custom 0.35 3 3-1
- 8 High Street 9/2/2015 $1 0.1 Custom 2,434 0.21 4 2-1
- 50 Cooke Street 8/21/2008 $1 0.1 Historical Custom 1,873 0.17 3 2-1
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 96 South Water Street 7/16/2013 $1 0.1 Historical Custom 0.28 5 3-1
- 54 Cooke Street 1/31/2022 $4,350,000 0.1 Historical Custom 2,408 0.39 4 3-0
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 94 South Water Street 8/21/2015 $1 0.1 Historical Custom 0.25 5 4-2
- 0 Peases Point Way South 11/17/2004 $1 0.1 Vacant Land 0.01 -
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 59 Peases Point Way South 2/26/2021 $10 0.1 Cape Cod 2,923 0.2 5 4-0
- 43 Peases Point Way South 12/30/2020 $1,650,000 0.1 Custom 3,182 0.24 3 2-0
- 3 Maggies Lane 1/2/2019 $1 0.1 Ranch 728 0.19 2 1-0
- 22 Norton Street 11/6/2017 $1 0.1 Custom 1,078 0.11 2 1-1
- 2 Maggies Lane 9/22/2010 $900,000 0.1 Standard Plus 770 0.1 2 1-0
- 112 South Water Street 4/28/1980 $0 0.1 Vacant Land 0.74 -
- 69 Peases Point Way South 9/5/2018 $1 0.1 Cape Cod 3,395 0.31 4 4-1
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 21 Norton Street 11/4/2022 $2,300,000 0.1 Ranch 2,000 0.1 2 2-1
- 99 School Street 5/1/2014 $1,200,000 0.1 Colonial 4,824 0.27 4 3-0
- 39 Peases Point Way South 3/25/2021 $100 0.1 Cape Cod 1,574 0.2 3 1-1
- 99 South Summer Street 9/24/2024 $3,875,000 0.1 Cape Cod 1,800 0.31 3 2-0
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 102 South Summer Street 6/7/1974 $0 0.1 Cape Cod 2,660 0.29 6 4-0
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 104 South Water Street 12/4/1986 $246,738 0.1 Custom 2,759 0.32 4 4-0
- 100 School Street 5/14/2004 $1,200,000 0.1 Custom 0.23 4 4-2
- 60 Cooke Street 1/30/2007 $2,966,700 0.1 Custom 3,098 0.71 6 4-0
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 37 Cooke Street 9/18/2024 $8,500,000 0.1 Historical Custom 3,231 0.17 4 5-1
- 35 Peases Point Way South 11/13/2001 $1,462,500 0.1 Custom 3,216 0.39 9 9-0
- 0 Captains Walk 8/3/2020 $100 0.1 Vacant Land 0.11 -
- 77 Peases Point Way South 9/25/2015 $1,250,000 0.1 Cape Cod 2,028 0.27 4 3-0
- 70 South Water Street 10/5/2015 $4,300,000 0.1 Historical Custom 2,731 0.21 3 4-0
- 20 Cooke Street 8/8/2018 $1 0.1 Historical Custom 1,470 0.06 3 2-1
- 44 School Street 9/1/2017 $1 0.1 Custom 2,313 0.22 4 2-1
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 103 School Street 1/29/2016 $2,075,000 0.1 Custom 2,610 0.18 3 3-0
- 45 South Summer Street $0 0.1 Churches 0.2 1-
- 106 South Summer Street 9/10/2003 $1 0.1 Standard Plus 2,025 0.14 4 3-1
- 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
- 16 Cooke Street 5/20/2019 $1 0.1 Custom 1,236 0.06 3 2-0
- 106 School Street 2/15/2022 $1 0.1 Custom 3,457 0.23 4 4-1
- 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
- 51 Cooke Street 5/4/2004 $1,900,000 0.1 Historical Custom 2,506 0.16 3 3-1
- 83 Peases Point Way South 1/4/1995 $1 0.1 Cape Cod 2,893 0.41 3 3-1
- 79 Peases Point Way South 2/17/2023 $2,950,000 0.1 Colonial 2,048 0.14 3 2-0
Averages 4256 days $1,252,426 0.08 --- 2,283 0.23 --- ---  
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 D 154 71 School Street