53 South Summer Street, Edgartown, MA 02539

53 South Summer Street Edgartown MA 02539
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Owner Information
Owner 1
Bobby S Merritt
Owner 2
Merritt Family Realty Trust
Owner's Address
100 Lakeshore Dr #256 North Palm Beach, FL 33408
Market Sale Information
Most recent sale date
5/8/2000
Previous sale date
12/17/1980
Transfer document #
0797-0388
Previous transfer document
00380-0092
Grantor
Bobby S Merritt
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
20-D-168
Lot Size
0.15
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1890
Number of full baths
5
Condition
Number of half baths
0
Finished Area
3939
Number of Kitchen
Gross Living Area
4818
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
Clapboard
Assessment Information
Fiscal Year
2025
Land Value
$1,616,100.00
Total value
$4,073,400.00
Building value
$2,457,300.00
Estimated tax
$10,794.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
34 School Street53 South Summer Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 53 South Summer Street A) 34 School Street
Photo
Plan
Map
Proximity 0.1
Last Sold 1/22/2025
Price $3,305,000
Net Living Area 3,736
Stories 2
Sale Price/sft $0.00$884.64
Style Historical CustomHistorical Custom
Age 18901820
Rooms 89
Bedrooms 45
Full baths 53
Half baths 00
Gross Living Area 48184539
Heating Fuel OilOil
Detached Garage
Lot Size 0.150.13
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $2,457,300.00$1,504,400
AEM Value - Land $1,616,100.00$1,550,000
AEM Value - Other $0.00$0
AEM Value - Total $4,073,400.00$3,054,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 53 South Summer Street 5/8/2000 $1 0 Historical Custom 3,939 0.15 4 5-0 -
  Criteria
A 34 School Street 1/22/2025 $3,305,000 0.1 Historical Custom 3,736 0.13 5 3-0
Averages 149 days $3,305,000 0.10 --- 3,736 0.13 --- ---  

Estimation of Market Value - $3,946,093

As of today, 06/19/2025, the estimated market value of 53 South Summer Street, Edgartown considering the above 1 comparable properties is $3,946,093.

 

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
Copy to Clipboard
Subject Property0 Davis Lane3 Sparrow Lane24 South Summer Street37 School Street64 South Summer Street11 School Street34 South Summer Street62 South Summer Street7 School Street19 School Street51 School Street44 South Summer Street20 South Summer Street35 Cooke Street66 South Summer Street58 South Summer Street49 Davis Lane63 School Street53 South Summer Street40 South Summer Street25 School Street37 Cooke Street70 Main Street39 School Street59 School Street28 South Summer Street52 South Summer Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 53 South Summer Street 5/8/2000 $1 0 Historical Custom 3,939 0.15 4 5-0 -
  Criteria
A 49 South Summer Street 6/3/2020 $4,375,000 0.0 Custom 3,079 0.19 4 3-1
B 57 South Summer Street 3/6/2025 $3,900,000 0.0 Custom 2,182 0.21 3 3-0
C 20 Cooke Street 8/8/2018 $1 0.0 Historical Custom 1,470 0.06 3 2-1
D 21 Cooke Street 2/26/2018 $1 0.0 Standard Basic 873 0.11 2 1-1
E 52 South Summer Street 8/30/2024 $9,000,000 0.0 Historical Custom 5,827 0.3 6 6-2
F 74 South Water Street 4/9/1999 $1,950,000 0.0 Historical Custom 3,812 0.35 7 4-0
G 70 South Water Street 10/5/2015 $4,300,000 0.0 Historical Custom 2,731 0.21 3 4-0
H 16 Cooke Street 5/20/2019 $1 0.0 Custom 1,236 0.06 3 2-0
I 45 South Summer Street $0 0.0 Churches 0.2 1-
J 58 South Summer Street 5/13/2010 $1 0.0 Custom 2,333 0.32 4 4-0
K 61 South Summer Street 6/5/2009 $1 0.0 Historical Custom 3,075 0.47 5 5-0
L 14 Cooke Street 10/31/2003 $1,525,000 0.0 Historical Custom 2,100 0.08 3 2-1
M 62 South Water Street 5/3/2024 $4,500,000 0.0 Historical Custom 2,807 0.13 4 4-1
N 62 South Summer Street 4/12/2007 $1,109,066 0.0 Historical Custom 2,189 0.11 3 3-0
O 76 South Water Street 10/4/2016 $3,550,000 0.0 Historical Custom 3,131 0.27 5 3-0
P 35 Cooke Street 2/16/2018 $2,225,000 0.0 Historical Custom 1,482 0.22 4 2-0
Q 44 South Summer Street 7/3/2017 $1 0.0 Historical Custom 2,226 0.13 4 3-0
R 54 South Water Street 4/5/2011 $1 0.0 Custom 2,123 0.17 3 2-0
S 64 South Summer Street 5/10/2018 $1 0.0 Custom 1,352 0.11 3 2-0
T 41 South Summer Street 11/2/2015 $2,875,000 0.0 Historical Custom 3,482 0.19 5 4-2
U 56 South Water Street 2/8/1999 $1 0.0 Historical Custom 3,008 0.15 3 2-1
V 65 South Summer Street 3/18/2016 $1 0.1 Historical Custom 2,437 0.26 6 3-0
W 51 School Street 12/3/2018 $0 0.1 Historical Custom 2,676 0.4 3 0-1
X 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
Y 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
Z 50 South Water Street 4/7/2016 $1 0.1 Historical Custom 2,145 0.2 5 5-0
- 67 South Water Street 12/28/2010 $1 0.1 Historical Custom 2,432 0.08 4 2-2
- 66 South Summer Street 4/2/2009 $1 0.1 Historical Custom 2,021 0.29 5 3-1
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 59 School Street 11/23/2020 $6,245,000 0.1 Historical Custom 0.27 4 4-1
- 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
- 37 Cooke Street 9/18/2024 $8,500,000 0.1 Historical Custom 3,231 0.17 4 5-1
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 42 South Water Street 11/29/2011 $1 0.1 Historical Custom 4,512 0.21 6 6-2
- 63 School Street 8/18/2021 $1 0.1 Historical Custom 2,372 0.17 3 2-1
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 69 South Water Street 12/26/2012 $1 0.1 Historical Custom 3,903 0.31 5 4-0
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 70 South Summer Street 3/9/1994 $280,000 0.1 Ranch 1,824 0.21 3 2-0
- 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
- 71 South Water Street 12/30/2019 $1 0.1 Custom 2,640 0.22 4 4-0
- 57 South Water Street 9/30/2005 $1 0.1 Cape Cod 2,415 0.3 4 4-1
- 65 School Street 6/28/2013 $4,300,000 0.1 Custom 0.15 5 5-2
- 92 South Water Street 10/22/2018 $4,750,000 0.1 Colonial 5,573 0.49 5 6-1
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 75 South Summer Street 8/9/2006 $1 0.1 Historical Custom 2,357 0.3 5 4-0
- 46 Cooke Street 10/22/2012 $2,950,000 0.1 Historical Custom 5,556 0.34 8 6-2
- 37 School Street 9/8/2021 $2,000,000 0.1 Historical Custom 840 0.05 1 2-0
- 36 South Water Street 2/6/2008 $1 0.1 Historical Custom 3,263 0.22 7 4-0
- 55 South Water Street 9/30/2005 $1 0.1 Historical Custom 3,036 0.42 4 4-2
- 0 Davis Lane 11/29/2010 $1,500,000 0.1 Vacant Land 0.03 -
- 74 South Summer Street 9/27/2011 $2,200,000 0.1 Historical Custom 2,546 0.16 4 2-0
- 69 School Street 2/25/2021 $1 0.1 Historical Custom 1,729 0.16 5 3-0
- 53 South Water Street 10/18/2019 $10,000,000 0.1 Historical Custom 2,936 0.23 3 4-1
- 44 School Street 9/1/2017 $1 0.1 Custom 2,313 0.22 4 2-1
- 56 School Street 4/19/1996 $475,000 0.1 Custom 2,950 0.18 3 2-0
- 49 Davis Lane 12/19/2017 $2,320,000 0.1 Historical Custom 2,132 0.13 4 3-0
- 58 School Street 8/4/2011 $1 0.1 Custom 1,268 0.18 3 1-0
- 75 South Water Street 4/21/2023 $9,000,000 0.1 Historical Custom 2,825 0.52 4 2-0
- 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
- 7 High Street 10/15/2018 $1 0.1 Cape Cod 3,870 0.28 4 3-0
- 30 South Water Street 4/3/2019 $1 0.1 Historical Custom 4,062 0.16 4 4-1
- 81 South Water Street 1/20/2023 $15,000,000 0.1 Historical Custom 3,156 0.67 4 5-0
- 50 Cooke Street 8/21/2008 $1 0.1 Historical Custom 1,873 0.17 3 2-1
- 78 South Summer Street 9/14/2007 $2,075,000 0.1 Historical Custom 2,454 0.18 4 3-1
- 71 School Street 8/10/2020 $10 0.1 Custom 2,607 0.16 5 4-0
- 94 South Water Street 8/21/2015 $1 0.1 Historical Custom 0.25 5 4-2
- 41 South Water Street 9/12/2019 $8,769,000 0.1 Custom 1,353 0.28 3 2-0
- 25 School Street 8/27/2004 $1 0.1 Historical Custom 3,394 0.22 5 3-0
- 31 South Water Street 12/29/2011 $4,275,000 0.1 Historical Custom 0.32 6 6-1
- 45 South Water Street 11/1/2012 $1 0.1 Standard Basic 549 0.08 1 1-1
- 60 Davis Lane 10/24/2023 $900,000 0.1 Historical Custom 3,515 0.2 5 5-0
- 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
- 24 South Summer Street 8/5/1986 $1 0.1 Custom 1,796 0.12 3 3-0
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 34 School Street 1/22/2025 $3,305,000 0.1 Historical Custom 3,736 0.13 5 3-0
- 79 South Summer Street 10/12/1994 $1 0.1 Cape Cod 1,706 0.13 3 2-0
- 9 High Street 2/11/2011 $1,350,000 0.1 Custom 2,049 0.14 4 3-1
- 20 South Summer Street 3/31/2015 $1 0.1 Apt/Store 0.14 4 3-
- 2 Cooke Street 7/10/1961 $0 0.1 Vacant Land 0.13 -
- 75 School Street 1/6/2016 $1,500,000 0.1 Standard Plus 1,583 0.16 2 2-0
- 52 Cooke Street 1/27/2014 $1,580,000 0.1 Standard Basic 1,508 0.38 2 3-0
- 80 South Summer Street 9/16/1994 $335,000 0.1 Colonial 2,260 0.14 4 2-1
- 96 South Water Street 7/16/2013 $1 0.1 Historical Custom 0.28 5 3-1
- 19 School Street 4/14/2022 $100 0.1 Historical Custom 2,056 0.1 4 2-0
- 85 South Water Street 7/2/1997 $1 0.1 Historical Custom 4,158 0.92 5 4-0
- 51 Cooke Street 5/4/2004 $1,900,000 0.1 Historical Custom 2,506 0.16 3 3-1
- 64 School Street 3/30/2015 $1 0.1 Historical Custom 6,122 0.68 7 6-0
- 29 South Water Street 11/12/2013 $7,900,000 0.1 Estate 0.25 5 6-
- 61 Davis Lane 7/28/2011 $1 0.1 Historical Custom 1,642 0.05 4 3-0
- 25 High Street 8/31/2021 $1,950,000 0.1 Colonial 2,272 0.08 4 2-1
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 89 South Water Street 6/4/1998 $1,800,000 0.1 Historical Custom 3,325 0.21 3 3-1
- 54 Cooke Street 1/31/2022 $4,350,000 0.1 Historical Custom 2,408 0.39 4 3-0
- 74 School Street 10/13/2016 $1 0.1 Historical Custom 2,473 0.23 5 3-1
- 79 School Street 8/30/2016 $1 0.1 Historical Custom 2,617 0.19 4 3-0
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 11 School Street 7/13/1998 $1 0.1 Historical Custom 1,347 0.07 2 1-1
- 26 School Street 12/19/2001 $1 0.1 Historical Custom 4,849 0.45 5 5-1
- 68 Davis Lane 1/31/2006 $1 0.1 Custom 2,343 0.37 2 2-1
- 7 Norton Street 3/30/2015 $1 0.1 Custom 825 0.25 1 1-0
- 85 South Summer Street 9/25/2014 $1 0.1 Custom 1,732 0.22 4 3-1
- 47 Cooke Street 12/5/2016 $1 0.1 Historical Custom 2,827 0.21 5 3-1
- 3 Sparrow Lane 8/22/2002 $1 0.1 Modern/Contemporary 1,104 0.5 3 2-0
- 93 South Water Street 10/5/2022 $7,500,000 0.1 Historical Custom 0.44 5 5-1
- 70 Main Street 1/1/2000 $0 0.1 Other Municip 0.29 3-
- 7 School Street 10/28/1983 $199,000 0.1 Finan Inst. 0.08 0-
- 20 School Street 11/21/2019 $4,400,000 0.1 Historical Custom 2,952 0.13 3 2-0
Averages 4971 days $1,641,381 0.08 --- 2,261 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 168 53 South Summer Street