50 South Water Street, Edgartown, MA 02539

50 South Water Street Edgartown MA 02539
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Owner Information
Owner 1
50 South Water LLC
Owner 2
Epstein Brown & Gioia LLC
Owner's Address
Attn Robert Brown, 75 Eisenhower Pkwy STE 120 Roseland, NJ 07068
Market Sale Information
Most recent sale date
4/7/2016
Previous sale date
4/7/2016
Transfer document #
1402-0498
Previous transfer document
1402-0497
Grantor
H Harding Brown
Previous grantor
Brown Roberta C 1999
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
20-D-180
Lot Size
0.2
Use Code
109 - Multiple Houses on one parcel
Zoning
R5
Building Style
Historical Custom
Number of Rooms
9
Stories
2
Number of Beds
5
Year Built
1865
Number of full baths
5
Condition
Number of half baths
0
Finished Area
2145
Number of Kitchen
Gross Living Area
3292
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
Wood Shingle
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$2,149,600.00
Total value
$4,369,800.00
Building value
$2,220,200.00
Estimated tax
$11,579.00
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$4,500,000$5,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
80 North Summer Street50 South Water 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$4,500,000$5,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 50 South Water Street A) 80 North Summer Street
Photo
Plan
Map
Proximity 0.3
Last Sold 4/1/2025
Price $2,450,000
Net Living Area 1,634
Stories 2
Sale Price/sft $0.00$1499.39
Style Historical CustomCustom
Age 18651925
Rooms 98
Bedrooms 53
Full baths 52
Half baths 00
Gross Living Area 32922684
Heating Fuel OilOil
Detached Garage
Lot Size 0.20.12
Roof Cover Wood ShingleAsph/F Gls/Cmp
AEM Value - Building $2,220,200.00$834,600
AEM Value - Land $2,149,600.00$1,546,800
AEM Value - Other $0.00$0
AEM Value - Total $4,369,800.00$2,381,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 South Water Street 4/7/2016 $1 0 Historical Custom 2,145 0.2 5 5-0 -
  Criteria
A 80 North Summer Street 4/1/2025 $2,450,000 0.3 Custom 1,634 0.12 3 2-0
Averages 45 days $2,450,000 0.28 --- 1,634 0.12 --- ---  

Estimation of Market Value - $3,855,933

As of today, 05/16/2025, the estimated market value of 50 South Water Street, Edgartown considering the above 1 comparable properties is $3,855,933.

 

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
Subject Property0 Main Street0 Davis Lane66 Main Street Lot 12524 South Summer Street37 School Street11 School Street34 South Summer Street7 School Street19 School Street78 Main Street51 School Street71 Main Street44 South Summer Street20 South Summer Street35 Cooke Street58 South Summer Street49 Davis Lane40 South Summer Street50 South Water Street61 Main 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
@ 50 South Water Street 4/7/2016 $1 0 Historical Custom 2,145 0.2 5 5-0 -
  Criteria
A 54 South Water Street 4/5/2011 $1 0.0 Custom 2,123 0.17 3 2-0
B 42 South Water Street 11/29/2011 $1 0.0 Historical Custom 4,512 0.21 6 6-2
C 56 South Water Street 2/8/1999 $1 0.0 Historical Custom 3,008 0.15 3 2-1
D 16 Davis Lane Unit 2 8/29/2023 $400,000 0.0 Condominium 575 0 2 1-1
E 62 South Water Street 5/3/2024 $4,500,000 0.0 Historical Custom 2,807 0.13 4 4-1
F 36 South Water Street 2/6/2008 $1 0.0 Historical Custom 3,263 0.22 7 4-0
G 41 South Summer Street 11/2/2015 $2,875,000 0.0 Historical Custom 3,482 0.19 5 4-2
H 21 Cooke Street 2/26/2018 $1 0.0 Standard Basic 873 0.11 2 1-1
I 37 South Summer Street 11/30/2001 $1,275,000 0.0 Cape Cod 2,588 0.12 3 2-1
J 45 South Summer Street $0 0.0 Churches 0.2 1-
K 30 South Water Street 4/3/2019 $1 0.0 Historical Custom 4,062 0.16 4 4-1
L 16 Cooke Street 5/20/2019 $1 0.0 Custom 1,236 0.06 3 2-0
M 33 South Summer Street 1/17/1986 $350,000 0.0 Inn/B+B 3,669 0.21 3 2-1
N 14 Cooke Street 10/31/2003 $1,525,000 0.0 Historical Custom 2,100 0.08 3 2-1
O 20 Cooke Street 8/8/2018 $1 0.0 Historical Custom 1,470 0.06 3 2-1
P 53 South Water Street 10/18/2019 $10,000,000 0.0 Historical Custom 2,936 0.23 3 4-1
Q 55 South Water Street 9/30/2005 $1 0.0 Historical Custom 3,036 0.42 4 4-2
R 31 South Water Street 12/29/2011 $4,275,000 0.0 Historical Custom 0.32 6 6-1
S 41 South Water Street 9/12/2019 $8,769,000 0.0 Custom 1,353 0.28 3 2-0
T 67 South Water Street 12/28/2010 $1 0.0 Historical Custom 2,432 0.08 4 2-2
U 49 South Summer Street 6/3/2020 $4,375,000 0.0 Custom 3,079 0.19 4 3-1
V 57 South Water Street 9/30/2005 $1 0.0 Cape Cod 2,415 0.3 4 4-1
W 24 South Water Street 2/5/2015 $3,600,000 0.0 Inn/B+B 6,307 0.18 9 9-0
X 70 South Water Street 10/5/2015 $4,300,000 0.0 Historical Custom 2,731 0.21 3 4-0
Y 27 South Summer Street 4/12/1974 $0 0.0 Inn/B+B 8,358 0.37 9 8-0
Z 45 South Water Street 11/1/2012 $1 0.1 Standard Basic 549 0.08 1 1-1
- 29 South Water Street 11/12/2013 $7,900,000 0.1 Estate 0.25 5 6-
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 69 South Water Street 12/26/2012 $1 0.1 Historical Custom 3,903 0.31 5 4-0
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 71 South Water Street 12/30/2019 $1 0.1 Custom 2,640 0.22 4 4-0
- 57 South Summer Street 3/6/2025 $3,900,000 0.1 Custom 2,182 0.21 3 3-0
- 52 South Summer Street 8/30/2024 $9,000,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 0 Davis Lane 11/29/2010 $1,500,000 0.1 Vacant Land 0.03 -
- 7 South Water Street 9/28/2007 $1 0.1 Lodng/Motel 1.3 0-
- 20 South Summer Street 3/31/2015 $1 0.1 Apt/Store 0.14 4 3-
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 24 South Summer Street 8/5/1986 $1 0.1 Custom 1,796 0.12 3 3-0
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 2 Cooke Street 7/10/1961 $0 0.1 Vacant Land 0.13 -
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 75 South Water Street 4/21/2023 $9,000,000 0.1 Historical Custom 2,825 0.52 4 2-0
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 49 Davis Lane 12/19/2017 $2,320,000 0.1 Historical Custom 2,132 0.13 4 3-0
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 37 Cooke Street 9/18/2024 $8,500,000 0.1 Historical Custom 3,231 0.17 4 5-1
- 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
- 37 School Street 9/8/2021 $2,000,000 0.1 Historical Custom 840 0.05 1 2-0
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 42 Main Street 7/20/2017 $1 0.1 Store 0.03 2-
- 25 School Street 8/27/2004 $1 0.1 Historical Custom 3,394 0.22 5 3-0
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 1 South Water Street 4/3/2015 $1 0.1 Apt/Store 0.05 0-
- 51 School Street 12/3/2018 $0 0.1 Historical Custom 2,676 0.4 3 0-1
- 20 Main Street 4/3/2015 $1 0.1 Apt/Store 0.02 2-
- 62 South Summer Street 4/12/2007 $1,109,066 0.1 Historical Custom 2,189 0.11 3 3-0
- 19 School Street 4/14/2022 $100 0.1 Historical Custom 2,056 0.1 4 2-0
- 70 Main Street 1/1/2000 $0 0.1 Other Municip 0.29 3-
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 81 South Water Street 1/20/2023 $15,000,000 0.1 Historical Custom 3,156 0.67 4 5-0
- 11 School Street 7/13/1998 $1 0.1 Historical Custom 1,347 0.07 2 1-1
- 65 South Summer Street 3/18/2016 $1 0.1 Historical Custom 2,437 0.26 6 3-0
- 64 South Summer Street 5/10/2018 $1 0.1 Custom 1,352 0.11 3 2-0
- 1 Cooke Street 9/15/1936 $0 0.1 Clubs/Lodges 0.34 2-
- 7 School Street 10/28/1983 $199,000 0.1 Finan Inst. 0.08 0-
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 44 School Street 9/1/2017 $1 0.1 Custom 2,313 0.22 4 2-1
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 25 Main Street 12/27/2012 $1 0.1 Apt/Store 0.07 3 2-
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 34 School Street 1/22/2025 $3,305,000 0.1 Historical Custom 3,736 0.13 5 3-0
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 2 Main Street 2/1/2005 $2,750,000 0.1 Restaurant 0.23 4-
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 53 Main Street 4/3/2015 $1 0.1 Store 0.09 1-
- 59 School Street 11/23/2020 $6,245,000 0.1 Historical Custom 0.27 4 4-1
- 5 North Water Street 11/25/2020 $5,720,000 0.1 Vacant Land 0.01 -
- 19 Main Street 11/24/2020 $5,720,000 0.1 Office/Retail 0.12 2-
- 55 Main Street 4/3/2015 $1 0.1 Restaurant 0.09 2-
- 60 Davis Lane 10/24/2023 $900,000 0.1 Historical Custom 3,515 0.2 5 5-0
- 0 Main Street 5/2/1990 $1 0.1 Vacant Land 0.01 -
- 66 South Summer Street 4/2/2009 $1 0.1 Historical Custom 2,021 0.29 5 3-1
- 7 North Water Street 5/12/2021 $2,000,000 0.1 Apt/Store 0.03 2-
- 78 Main Street 9/1/1961 $0 0.1 Finan Inst. 0.09 2-
- 46 Cooke Street 10/22/2012 $2,950,000 0.1 Historical Custom 5,556 0.34 8 6-2
- 92 South Water Street 10/22/2018 $4,750,000 0.1 Colonial 5,573 0.49 5 6-1
- 61 Main Street 12/27/2012 $1 0.1 Apt/Store 0.12 4 2-
- 16 School Street 8/19/2004 $1,325,000 0.1 Historical Custom 2,264 0.1 3 2-1
- 61 Davis Lane 7/28/2011 $1 0.1 Historical Custom 1,642 0.05 4 3-0
- 20 School Street 11/21/2019 $4,400,000 0.1 Historical Custom 2,952 0.13 3 2-0
- 85 South Water Street 7/2/1997 $1 0.1 Historical Custom 4,158 0.92 5 4-0
- 26 School Street 12/19/2001 $1 0.1 Historical Custom 4,849 0.45 5 5-1
- 11 North Water Street 12/22/2011 $1,538,000 0.1 Restaurant 0.04 3-
- 63 School Street 8/18/2021 $1 0.1 Historical Custom 2,372 0.17 3 2-1
- 71 Main Street 3/20/2018 $3,000,000 0.1 Restaurant 0.07 4-
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
Averages 6043 days $1,590,976 0.08 --- 1,683 0.19 --- ---  
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 180 50 South Water Street