78 South Summer Street, Edgartown, MA 02539

78 South Summer Street Edgartown MA 02539
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Owner Information
Owner 1
Bart M Schwartz & Cheryl M
Owner 2
Owner's Address
P O Box 431 South Salem, NY 10590-0301
Market Sale Information
Most recent sale date
9/14/2007
Previous sale date
12/28/2005
Transfer document #
1130-1053
Previous transfer document
1067-0948
Grantor
John Oconnell
Previous grantor
Frederick R Convery
Most recent sale price
$2,075,000.00
Previous sale price
$1,425,000.00
Site Information
Property ID
20-D-229-2
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
8
Stories
1.5
Number of Beds
4
Year Built
1845
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2454
Number of Kitchen
Gross Living Area
3607
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
Vinyl Siding
Assessment Information
Fiscal Year
2023
Land Value
$1,712,700.00
Total value
$3,074,200.00
Building value
$1,361,500.00
Estimated tax
$7,746.00
Yard improvement value
$0.00
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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 78 South Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $845.56 Style Historical Custom Age 1845 Rooms 8 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 3607 Heating Fuel Oil Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,361,500.00 AEM Value - Land $1,712,700.00 AEM Value - Other $0.00 AEM Value - Total $3,074,200.00
A) 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 $1,920,100 $1,989,500 $0 $3,909,600
B) 111 Peases Point Way North 0.6 1/10/2024 $5,150,000 2,324 2 $2216.01 Custom 1910 9 4 3 1 2833 Gas 0.29 Wood Shingle $1,697,900 $2,336,700 $0 $4,034,600
C) 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 $1,306,000 $1,857,400 $0 $3,163,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 78 South Summer Street 9/14/2007 $2,075,000 0 Historical Custom 2,454 0.18 4 3-1 -
  Criteria
A 62 South Water Street 5/3/2024 $4,500,000 0.1 Historical Custom 2,807 0.13 4 4-1
B 111 Peases Point Way North 1/10/2024 $5,150,000 0.6 Custom 2,324 0.29 4 3-1
C 17 Lenssen Way 4/8/2024 $3,840,000 0.9 Standard Plus 2,300 2.01 3 4-0
Averages 108 days $4,496,667 0.54 --- 2,477 0.81 --- ---  

Estimation of Market Value - $4,094,240

As of today, 07/03/2024, the estimated market value of 78 South Summer Street, Edgartown considering the above 3 comparable properties is $4,094,240.

 

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
@ 78 South Summer Street 9/14/2007 $2,075,000 0 Historical Custom 2,454 0.18 4 3-1 -
  Criteria
A 74 South Summer Street 9/27/2011 $2,200,000 0.0 Historical Custom 2,546 0.16 4 2-0
B 80 South Summer Street 9/16/1994 $335,000 0.0 Colonial 2,260 0.14 4 2-1
C 25 High Street 8/31/2021 $1,950,000 0.0 Colonial 2,272 0.08 4 2-1
D 75 School Street 1/6/2016 $1,500,000 0.0 Standard Plus 1,583 0.16 2 2-0
E 70 South Summer Street 3/9/1994 $280,000 0.0 Ranch 1,824 0.21 3 2-0
F 71 School Street 8/10/2020 $10 0.0 Custom 2,607 0.16 5 4-0
G 75 South Summer Street 8/9/2006 $1 0.0 Historical Custom 2,357 0.3 5 4-0
H 79 School Street 8/30/2016 $1 0.0 Historical Custom 2,617 0.19 4 3-0
I 79 South Summer Street 10/12/1994 $1 0.0 Cape Cod 1,706 0.13 3 2-0
J 69 School Street 2/25/2021 $1 0.0 Historical Custom 1,729 0.16 5 3-0
K 86 South Summer Street 1/22/2007 $1,625,000 0.0 Historical Custom 3,352 0.23 4 4-3
L 66 South Summer Street 4/2/2009 $1 0.0 Historical Custom 2,021 0.29 5 3-1
M 65 School Street 6/28/2013 $4,300,000 0.0 Custom 0.15 5 5-2
N 85 South Summer Street 9/25/2014 $1 0.0 Custom 1,732 0.22 4 3-1
O 28 High Street 8/6/2004 $1,300,000 0.0 Historical Custom 3,746 0.21 5 4-0
P 9 High Street 2/11/2011 $1,350,000 0.0 Custom 2,049 0.14 4 3-1
Q 7 High Street 10/15/2018 $1 0.0 Cape Cod 3,870 0.28 4 3-0
R 80 School Street 2/17/2012 $3,250,000 0.0 Historical Custom 4,816 0.32 5 4-0
S 65 South Summer Street 3/18/2016 $1 0.0 Historical Custom 2,437 0.26 6 3-0
T 63 School Street 8/18/2021 $1 0.1 Historical Custom 2,372 0.17 3 2-1
U 74 School Street 10/13/2016 $1 0.1 Historical Custom 2,473 0.23 5 3-1
V 92 South Summer Street 11/13/2012 $1 0.1 Historical Custom 1,727 0.36 3 3-0
W 64 South Summer Street 5/10/2018 $1 0.1 Custom 1,352 0.11 3 2-0
X 89 South Summer Street 9/25/2015 $1,625,000 0.1 Custom 2,820 0.22 4 3-2
Y 8 Norton Street 3/28/2014 $1 0.1 Cape Cod 1,841 0.17 4 4-0
Z 10 High Street 5/10/2024 $3,000,000 0.1 Custom 1,748 0.15 3 1-1
- 62 South Summer Street 4/12/2007 $1,109,066 0.1 Historical Custom 2,189 0.11 3 3-0
- 92 South Water Street 10/22/2018 $4,750,000 0.1 Colonial 5,573 0.49 5 6-1
- 86 School Street 5/31/2019 $3,000,000 0.1 Custom 2,606 0.21 4 4-1
- 59 School Street 11/23/2020 $6,245,000 0.1 Historical Custom 0.27 4 4-1
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 93 School Street 12/14/2012 $1 0.1 Custom 3,592 0.2 4 5-0
- 8 High Street 9/2/2015 $1 0.1 Custom 2,434 0.21 4 2-1
- 96 South Summer Street 6/23/2014 $1,290,000 0.1 Custom 0.3 4 5-1
- 96 South Water Street 7/16/2013 $1 0.1 Historical Custom 0.28 5 3-1
- 94 South Water Street 8/21/2015 $1 0.1 Historical Custom 0.25 5 4-2
- 10 Norton Street 9/28/2020 $4,250,000 0.1 Custom 3,007 0.2 4 4-1
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 112 South Water Street 4/28/1980 $0 0.1 Vacant Land 0.74 -
- 7 Norton Street 3/30/2015 $1 0.1 Custom 825 0.25 1 1-0
- 90 School Street 11/6/2020 $3,750,000 0.1 Standard Plus 4,192 0.42 3 4-1
- 95 School Street 10/31/2023 $4,400,000 0.1 Standard Plus 2,161 0.13 4 3-1
- 57 South Summer Street 5/30/2018 $1 0.1 Custom 2,182 0.21 3 3-0
- 104 South Water Street 12/4/1986 $246,738 0.1 Custom 2,759 0.32 4 4-0
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 42 High Street 8/31/2011 $1 0.1 Cape Cod 1,771 0.13 4 3-0
- 12 Norton Street 10/24/2022 $3,900,005 0.1 Standard Plus 2,932 0.13 4 3-2
- 99 South Summer Street 8/3/2020 $100 0.1 Cape Cod 1,800 0.31 3 2-0
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 58 School Street 8/4/2011 $1 0.1 Custom 1,268 0.18 3 1-0
- 64 School Street 3/30/2015 $1 0.1 Historical Custom 6,122 0.68 7 6-0
- 9 Norton Street 6/3/2014 $1 0.1 Custom 2,642 0.14 5 3-1
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 102 South Summer Street 6/7/1974 $0 0.1 Cape Cod 2,660 0.29 6 4-0
- 0 Captains Walk 8/3/2020 $100 0.1 Vacant Land 0.11 -
- 96 School Street 3/26/2018 $1 0.1 Custom 0.35 3 3-1
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 56 School Street 4/19/1996 $475,000 0.1 Custom 2,950 0.18 3 2-0
- 14 Norton Street 12/1/2015 $1 0.1 Colonial 3,096 0.16 4 4-1
- 51 School Street 12/3/2018 $0 0.1 Historical Custom 2,676 0.4 3 0-1
- 49 High Street 11/14/2016 $1 0.1 Custom 2,641 0.38 4 2-0
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 99 School Street 5/1/2014 $1,200,000 0.1 Colonial 4,824 0.27 4 3-0
- 52 South Summer Street 6/3/2022 $8,500,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 11 Norton Street 4/30/2002 $627,000 0.1 Ranch 600 0.16 2 1-0
- 118 South Water Street 9/21/1987 $525,000 0.1 Custom 2,596 0.32 4 3-0
- 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 100 School Street 5/14/2004 $1,200,000 0.1 Custom 0.23 4 4-2
- 50 High Street 4/29/2021 $240,000 0.1 Condominium 2,000 0 2 1-1
- 46 Cooke Street 10/22/2012 $2,950,000 0.1 Historical Custom 5,556 0.34 8 6-2
- 2 Maggies Lane 9/22/2010 $900,000 0.1 Standard Plus 770 0.1 2 1-0
- 106 South Summer Street 9/10/2003 $1 0.1 Standard Plus 2,025 0.14 4 3-1
- 70 South Water Street 10/5/2015 $4,300,000 0.1 Historical Custom 2,731 0.21 3 4-0
- 3 Maggies Lane 1/2/2019 $1 0.1 Ranch 728 0.19 2 1-0
- 18 Norton Street 1/23/2006 $1,770,000 0.1 Custom 2,312 0.19 3 3-0
- 9 Captains Walk 10/20/1989 $0 0.1 Vacant Land 0.15 -
- 103 School Street 1/29/2016 $2,075,000 0.1 Custom 2,610 0.18 3 3-0
- 52 Cooke Street 1/27/2014 $1,580,000 0.1 Standard Basic 1,508 0.38 2 3-0
- 20 Cooke Street 8/8/2018 $1 0.1 Historical Custom 1,470 0.06 3 2-1
- 19 Norton Street 6/15/2016 $1 0.1 Colonial 0.27 4 4-1
- 101 South Water Street 4/26/2013 $2,900,000 0.1 Historical Custom 3,333 1.19 5 4-1
- 50 Cooke Street 8/21/2008 $1 0.1 Historical Custom 1,873 0.17 3 2-1
- 69 Peases Point Way South 9/5/2018 $1 0.1 Cape Cod 3,395 0.31 4 4-1
- 93 South Water Street 10/5/2022 $7,500,000 0.1 Historical Custom 0.44 5 5-1
- 16 Cooke Street 5/20/2019 $1 0.1 Custom 1,236 0.06 3 2-0
- 59 Peases Point Way South 2/26/2021 $10 0.1 Cape Cod 2,923 0.2 5 4-0
- 122 South Water Street 10/15/2014 $1,500,000 0.1 Historical Custom 0.22 4 3-4
- 89 South Water Street 6/4/1998 $1,800,000 0.1 Historical Custom 3,325 0.21 3 3-1
- 113 South Water Street 1/29/2015 $1,900,000 0.1 Historical Custom 3,688 0.18 5 5-1
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 106 School Street 2/15/2022 $1 0.1 Custom 3,457 0.23 4 4-1
- 54 Cooke Street 1/31/2022 $4,350,000 0.1 Historical Custom 2,408 0.39 4 3-0
- 110 South Summer Street 1/27/1999 $381,250 0.1 Standard Plus 2,720 0.12 2 3-1
- 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
- 14 Cooke Street 10/31/2003 $1,525,000 0.1 Historical Custom 2,100 0.08 3 2-1
- 105 School Street 10/11/2002 $1 0.1 Colonial 2,912 0.14 4 5-1
- 0 Peases Point Way South 11/17/2004 $1 0.1 Vacant Land 0.01 -
- 22 Norton Street 11/6/2017 $1 0.1 Custom 1,078 0.11 2 1-1
- 37 Cooke Street 7/26/2018 $4,550,000 0.1 Historical Custom 3,231 0.17 4 5-1
- 77 Peases Point Way South 9/25/2015 $1,250,000 0.1 Cape Cod 2,028 0.27 4 3-0
- 43 Peases Point Way South 12/30/2020 $1,650,000 0.1 Custom 3,182 0.24 3 2-0
- 45 South Summer Street $0 0.1 Churches 0.2 1-
- 4 Captains Walk 10/1/1978 $0 0.1 Cape Cod 2,394 0.27 4 3-0
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
Averages 4530 days $1,180,414 0.08 --- 2,253 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 D 229 2 78 South Summer Street