71 North Summer Street, Edgartown, MA 02539

71 North Summer Street Edgartown MA 02539
Owner Information
Owner 1
71 North Summer Street LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
6/15/2023
Previous sale date
4/7/2006
Transfer document #
1657-686
Previous transfer document
1078-0347
Grantor
James F Reynolds
Previous grantor
Claudia Miller
Most recent sale price
$2,495,000.00
Previous sale price
$775,000.00
Site Information
Property ID
20-D-235-3
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Cape Cod
Number of Rooms
5
Stories
2
Number of Beds
2
Year Built
1930
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1008
Number of Kitchen
Gross Living Area
2188
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,267,100.00
Total value
$1,746,000.00
Building value
$478,100.00
Estimated tax
$4,452.00
Yard improvement value
$800.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 71 North Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,475.20 Style Cape Cod Age 1930 Rooms 5 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area 2188 Heating Fuel Gas Detached Garage Lot Size 0.14 Roof Cover Wood Shingle AEM Value - Building $478,100.00 AEM Value - Land $1,267,100.00 AEM Value - Other $800.00 AEM Value - Total $1,746,000.00
A) 67 Simpsons Lane 0.1 7/30/2024 $1,350,000 840 1.75 $1607.14 Standard Basic 1930 5 2 1 0 1320 Oil 0.06 Asph/F Gls/Cmp $110,000 $938,800 $0 $1,048,800
B) 9 Hannahs Way 0.8 8/27/2024 $1,099,000 888 1 $1237.61 Ranch 2000 4 2 2 0 1903 Gas 0.18 Asph/F Gls/Cmp $468,500 $506,300 $3,200 $978,000
C) 182 Katama Road 0.8 7/16/2024 $1,050,000 882 1.5 $1190.48 Standard Basic 1930 3 1 0 1220 Oil 3.59 Asph/F Gls/Cmp $76,700 $1,161,600 $4,500 $1,242,800
D) 36 Hannahs Way 0.9 7/23/2024 $1,395,000 1,212 1 $1150.99 Ranch 1980 5 3 1 0 1614 Electric 0.12 Asph/F Gls/Cmp $659,500 $457,500 $2,000 $1,119,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 71 North Summer Street 6/15/2023 $2,495,000 0 Cape Cod 1,008 0.14 2 2-0 -
  Criteria
A 67 Simpsons Lane 7/30/2024 $1,350,000 0.1 Standard Basic 840 0.06 2 1-0
B 9 Hannahs Way 8/27/2024 $1,099,000 0.8 Ranch 888 0.18 2 2-0
C 182 Katama Road 7/16/2024 $1,050,000 0.8 Standard Basic 882 3.59 3 1-0
D 36 Hannahs Way 7/23/2024 $1,395,000 0.9 Ranch 1,212 0.12 3 1-0
Averages 50 days $1,223,500 0.63 --- 956 0.99 --- ---  

Estimation of Market Value - $1,618,899

As of today, 09/19/2024, the estimated market value of 71 North Summer Street, Edgartown considering the above 4 comparable properties is $1,618,899.

 

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
  • 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 North Summer Street 6/15/2023 $2,495,000 0 Cape Cod 1,008 0.14 2 2-0 -
  Criteria
A 28 Morse Street 2/5/2010 $1 0.0 Standard Basic 1,073 0.09 4 1-0
B 69 North Summer Street 6/9/2004 $1 0.0 Ranch 840 0.24 2 1-1
C 36 Morse Street 11/5/2019 $4,113,000 0.0 Historical Custom 2,471 0.38 5 3-1
D 34 Morse Street 5/28/1993 $210,000 0.0 Colonial 1,491 0.13 4 3-1
E 26 Morse Street 8/1/2024 $3,800,000 0.0 Historical Custom 2,408 0.18 4 2-1
F 38 Morse Street 9/28/2020 $6,875,000 0.0 Historical Custom 3,249 0.29 5 5-2
G 60 North Water Street 12/20/2018 $5,000,000 0.0 Vacant Land 0.23 -
H 67 North Summer Street 6/9/2004 $1 0.0 Vacant Land 0.33 -
I 73 North Summer Street 1/2/2018 $375,000 0.0 Historical Custom 1,800 0.22 3 2-0
J 68 North Water Street 10/15/2021 $10,000,000 0.0 Historical Custom 660 0.31 2 1-1
K 25 Simpsons Lane 4/28/2022 $2,900,000 0.0 Inn/B+B 2,388 0.2 5 5-0
L 72 North Water Street 5/29/2007 $1 0.0 Historical Custom 3,431 0.3 5 3-1
M 70 North Water Street 5/12/2000 $1,250,000 0.0 Historical Custom 3,178 0.28 5 4-1
N 66 North Water Street 12/16/2013 $2,828,000 0.0 Historical Custom 6,502 0.31 5 5-2
O 29 Simpsons Lane 8/16/1999 $545,000 0.0 Custom 1,804 0.12 2 3-0
P 24 Morse Street 4/12/2012 $1 0.0 Historical Custom 1,971 0.13 3 2-1
Q 40 Morse Street 12/26/2012 $1 0.0 Estate 5,805 0.43 6 7-3
R 15 Simpsons Lane 8/3/2015 $1 0.0 Custom 2,252 0.15 4 2-0
S 62 North Water Street 10/31/2013 $2,500,000 0.0 Historical Custom 0.3 9 8-4
T 65 North Summer Street 2/9/2018 $1 0.0 Custom 2,084 0.35 3 3-0
U 37 Simpsons Lane 12/10/2020 $2,595,000 0.0 Custom 1,698 0.08 3 3-1
V 58 North Water Street 3/23/2016 $1 0.0 Library 0.28 3-
W 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
X 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
Y 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
Z 56 North Water Street 12/21/2018 $5,000,000 0.1 Inn/B+B 5,260 0.13 9 14-0
- 30 Simpsons Lane 1/8/2009 $950,400 0.1 Colonial 4,590 0.12 4 4-1
- 44 North Water Street 9/6/2016 $3,750,000 0.1 Historical Custom 2,917 0.14 5 5-1
- 76 North Water Street 12/13/2021 $1 0.1 Historical Custom 4,411 0.19 5 4-0
- 61 North Summer Street 8/31/2010 $1 0.1 Historical Custom 2,143 0.11 5 2-1
- 37 Morse Street 1/29/2020 $4,234,000 0.1 Historical Custom 0.23 4 5-1
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 74 North Summer Street 7/30/2003 $1,465,000 0.1 Historical Custom 2,492 0.21 4 3-2
- 80 North Summer Street 6/17/2003 $1 0.1 Custom 1,634 0.12 3 2-0
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 70 North Summer Street 5/20/2015 $1 0.1 Custom 1,830 0.14 4 2-0
- 41 Morse Street 4/11/2000 $1 0.1 Historical Custom 2,372 0.12 7 4-0
- 82 North Summer Street 6/2/2021 $1 0.1 Custom 1,677 0.16 3 1-0
- 66 North Summer Street 1/5/1984 $155,000 0.1 Custom 2,435 0.12 4 2-0
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
- 80 North Water Street 1/17/2012 $1 0.1 Historical Custom 4,666 0.2 9 7-1
- 82 North Water Street 3/13/2014 $2,200,000 0.1 Historical Custom 3,198 0.2 5 4-0
- 84 North Summer Street 11/4/2021 $1 0.1 Custom 2,661 0.14 3 3-1
- 64 North Summer Street 1/5/1984 $155,000 0.1 Cape Cod 1,170 0.15 1 1-0
- 62 North Summer Street 3/21/2003 $900,000 0.1 Cape Cod 3,809 0.12 4 3-1
- 6 Fuller Street 4/11/2007 $3,760,000 0.1 Historical Custom 4,240 0.3 6 5-0
- 38 North Water Street Unit C1 12/9/2009 $2,050,000 0.1 Hotel Condo 15,604 0 0-0
- 38 North Water Street Unit C2 12/10/2009 $2,050,000 0.1 Restaurant Condo 2,700 0 0-0
- 38 North Water Street Unit C3 12/10/2009 $2,050,000 0.1 Retail Condo 1,051 0 0-0
- 38 North Water Street Unit C4 12/10/2009 $2,050,000 0.1 Retail Condo 834 0 0-0
- 38 North Water Street Unit C5 12/10/2009 $2,050,000 0.1 Condominium 1,083 0 0-0
- 38 North Water Street Unit R1 12/10/2009 $2,050,000 0.1 Motel Condo 475 0 1 1-1
- 38 North Water Street Unit R2 12/10/2009 $2,050,000 0.1 Motel Condo 797 0 2 2-2
- 38 North Water Street Unit R3 12/10/2009 $2,050,000 0.1 Motel Condo 480 0 1 1-1
- 38 North Water Street Unit R4 12/10/2009 $2,050,000 0.1 Motel Condo 795 0 2 2-2
- 38 North Water Street Unit R5 12/10/2009 $2,050,000 0.1 Motel Condo 478 0 1 1-1
- 38 North Water Street Unit R6 12/10/2009 $2,050,000 0.1 Motel Condo 796 0 2 2-2
- 15 Winter Street Unit 1B 12/31/1985 $126,000 0.1 Retail Condo 396 0 0-0
- 15 Winter Street Unit 1A 12/31/1985 $131,000 0.1 Retail Condo 419 0 0-0
- 15 Winter Street Unit 2 6/29/1988 $142,000 0.1 Retail Condo 339 0 0-0
- 15 Winter Street Unit 3 2/14/2005 $440,000 0.1 Retail Condo 371 0 0-0
- 15 Winter Street Unit 4 2/14/2005 $440,000 0.1 Retail Condo 394 0 0-0
- 15 Winter Street Unit 5 12/31/1985 $1 0.1 Retail Condo 26 0 0-0
- 15 Winter Street Unit 6 2/14/2005 $440,000 0.1 Retail Condo 100 0 0-0
- 15 Winter Street Unit 7 2/14/2005 $440,000 0.1 Retail Condo 135 0 0-0
- 15 Winter Street Unit 8 12/9/2021 $1 0.1 Condo Office 915 0 0-0
- 15 Winter Street Unit 9 2/28/2023 $428,000 0.1 Condo Office 373 0 0-0
- 15 Winter Street Unit 10 12/17/2020 $300,000 0.1 Condo Office 372 0 0-0
- 15 Winter Street Unit 11 11/24/2009 $170,000 0.1 Condo Office 396 0 0-0
- 23 Winter Street Unit 15 5/13/2016 $256,000 0.1 Retail Condo 373 0 0-0
- 23 Winter Street Unit 16 5/13/2016 $250,000 0.1 Retail Condo 426 0 0-0
- 23 Winter Street Unit 17 1/10/2006 $360,000 0.1 Retail Condo 432 0 0-0
- 23 Winter Street Unit 18 5/13/2016 $256,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 19 5/13/2016 $250,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 20 3/14/1985 $1 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 21 1/10/2006 $360,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 30 6/17/2016 $150,000 0.1 Condo Office 381 0 0-0
- 23 Winter Street Unit 31 8/8/2011 $275,000 0.1 Condo Office 428 0 0-0
- 23 Winter Street Unit 32 5/15/2001 $120,000 0.1 Condo Office 451 0 0-0
- 45 Morse Street 12/27/2013 $1 0.1 Custom 2,296 0.21 4 2-0
- 51 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 3,246 0.23 9 9-0
- 49 North Summer Street 7/15/2019 $2,925,000 0.1 Custom 2,284 0.1 5 4-1
- 86 North Water Street 8/4/2010 $2,675,000 0.1 Historical Custom 4,686 0.26 9 4-2
- 29 Winter Street Unit 22 4/9/2019 $1 0.1 Retail Condo 402 0 0-0
- 29 Winter Street Unit 23 3/3/2017 $250,000 0.1 Retail Condo 357 0 0-0
- 29 Winter Street Unit 24 5/16/2022 $100 0.1 Retail Condo 353 0 0-0
- 29 Winter Street Unit 25 4/17/2014 $160,000 0.1 Retail Condo 343 0 0-0
- 29 Winter Street Unit 26 3/3/2017 $250,000 0.1 Retail Condo 126 0 0-0
- 29 Winter Street Unit 33 7/3/2012 $1 0.1 Condo Office 469 0 0-0
- 29 Winter Street Unit 34 7/3/2012 $1 0.1 Condo Office 288 0 0-0
- 29 Winter Street Unit 35 7/3/2012 $1 0.1 Condo Office 298 0 0-0
- 69 Peases Point Way North 8/28/1981 $1 0.1 Standard Basic 1,260 0.09 2 1-0
- 67 Peases Point Way North 1/5/2009 $1 0.1 Colonial 2,080 0.12 3 2-1
- 61 Simpsons Lane 10/19/2021 $1 0.1 Standard Basic 888 0.07 2 1-0
- 30 Cottage Street 5/1/2020 $1,825,000 0.1 Standard Basic 1,536 0.18 3 2-0
- 17 Winter Street Unit 12 12/10/2019 $446,500 0.1 Retail Condo 368 0 0-0
- 17 Winter Street Unit 13 12/31/1985 $131,000 0.1 Retail Condo 369 0 0-0
- 19 Winter Street Unit 14 12/31/2021 $1 0.1 Retail Condo 484 0 0-0
- 17 Winter Street Unit 27 1/22/2018 $237,000 0.1 Condo Office 386 0 0-0
- 17 Winter Street Unit 28 12/1/2015 $1 0.1 Condo Office 388 0 0-0
- 19 Winter Street Unit 29 12/31/2021 $1 0.1 Condo Office 576 0 0-0
- 47 Morse Street 6/9/2020 $1 0.1 Historical Custom 2,871 0.25 4 3-1
- 54 Morse Street 9/10/2021 $10 0.1 Custom 724 0.35 1 1-0
- 63 Peases Point Way North 2/18/2022 $5,600,000 0.1 Colonial 2,768 0.18 5 4-1
- 32 Cottage Street 2/17/2021 $2,750,000 0.1 Custom 2,200 0.2 4 3-0
- 56 North Summer Street 9/15/2022 $100 0.1 Historical Custom 2,981 0.24 3 2-0
- 65 North Water Street 7/22/2020 $10 0.1 Historical Custom 0.31 4 4-1
- 9 Winter Street 5/5/2015 $861,600 0.1 Retail Condo 2,020 0 1-1
- 7 Winter Street 8/14/2009 $1 0.1 Retail Condo 245 0 1-1
- 5 Winter Street 4/2/1997 $235,000 0.1 Retail Condo 1,365 0 1-1
- 3 Winter Street 2/15/2024 $3,949,000 0.1 Retail Condo 640 0 0-0
- 32 North Water Street 2/15/2024 $3,949,000 0.1 Retail Condo 1,960 0 1-1
- 24 Cottage Street 10/1/2013 $2,605,000 0.1 Estate 3,714 0.29 6 6-1
- 88 North Water Street 3/15/2021 $6,100,000 0.1 Historical Custom 3,772 0.26 5 3-0
- 55 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 2,864 0.63 6 3-0
- 67 North Water Street 9/10/1997 $6,000,000 0.1 Historical Custom 5,232 0.46 5 5-1
- 61 North Water Street 10/15/2021 $10,975,000 0.1 Historical Custom 3,547 0.4 5 4-0
- 41 Winter Street 12/20/2018 $1,500,000 0.1 Historical Custom 2,306 0.1 4 2-0
- 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
- 14 Fuller Street 7/6/2015 $1 0.1 Historical Custom 3,310 0.44 5 3-0
- 49 Morse Street 10/25/2018 $5,150,000 0.1 Custom 3,238 0.23 4 7-1
- 59 Peases Point Way North 11/2/1961 $0 0.1 Telephone Bldg 0.41 1-
- 71 North Water Street 5/15/1998 $4,000,000 0.1 Custom 2,016 0.31 3 3-0
- 24 Kelley Street 10/2/2020 $19,640,000 0.1 Hotel 0.58 9 9-
- 59 North Water Street 2/2/2004 $3,500,000 0.1 Historical Custom 0.41 9 9-0
- 73 North Water Street 10/24/2017 $1 0.1 Historical Custom 4,178 0.31 4 3-0
- 67 Simpsons Lane 7/30/2024 $1,350,000 0.1 Standard Basic 840 0.06 2 1-0
- 45 Winter Street 12/23/2021 $4,600,000 0.1 Historical Custom 2,328 0.16 4 4-1
- 85 Peases Point Way North 4/14/2004 $1 0.1 Custom 0.15 4 3-1
- 90 North Water Street 7/11/2018 $4,350,000 0.1 Historical Custom 4,279 0.28 5 5-1
- 10 Daggett Street 4/19/1984 $1 0.1 Clubs/Lodges 0.2 3-
- 27 North Water Street 2/19/1988 $0 0.1 Apt/Store 0.19 5-
- 22 North Water Street 5/20/2014 $3,050,000 0.1 Inn/B+B 4,787 0.31 8 8-2
- 70 Simpsons Lane 5/6/2021 $10 0.1 Ranch 1,104 0.19 3 2-0
- 4 Morse Street 5/5/2021 $9,000,000 0.1 Custom 2,036 0.16 3 3-0
- 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
- 51 Winter Street 2/1/1978 $0 0.1 Clubs/Lodges 0.2 3 4-
- 22 Winter Street 8/11/2017 $1 0.1 Inn/B+B 7,223 0.16 9 18-3
- 50 Cottage Street 10/7/1993 $237,000 0.1 Custom 3,571 0.18 5 4-1
- 24 Winter Street 4/1/1968 $0 0.1 Vacant Land 0.2 -
- 36 Winter Street Unit 3 2/21/2020 $1 0.1 Retail Condo 356 0 1-1
- 53 Peases Point Way North 9/3/2024 $2,500,000 0.1 Custom 1,512 0.11 4 2-0
- 87 Peases Point Way North 10/11/2016 $1,750,000 0.1 Colonial 2,570 0.15 4 4-1
- 2 Morse Street 5/5/2021 $9,000,000 0.1 Custom 2,312 0.07 4 4-0
- 83 North Water Street 1/17/2013 $1 0.1 Historical Custom 6,966 0.46 7 9-0
- 30 Winter Street 10/2/2020 $19,640,000 0.1 Vacant Land 0.11 -
- 74 Peases Point Way North 7/12/2019 $1 0.1 Custom 3,982 0.59 4 6-1
- 21 North Water Street 8/19/1993 $269,653 0.1 Apt/Store 0.11 4-
- 0 Mayhew Lane 10/22/1959 $0 0.1 Outbuildings 0.31 -
- 6 Kelley Street 10/2/2020 $19,640,000 0.1 Commercial 0.04 1-
- 80 Peases Point Way North 3/5/2015 $1 0.1 Cape Cod 1,429 0.11 4 2-0
- 91 Peases Point Way North 9/13/2012 $1 0.1 Bungalow 1,781 0.14 3 1-1
- 94 North Water Street 5/19/1975 $0 0.1 Historical Custom 2,546 0.19 3 2-0
- 63 Winter Street Unit 11 10/19/2004 $1 0.1 Condo Office 1,483 0 0-0
- 63 Winter Street Unit 12 10/19/2004 $1 0.1 Condo Office 1,805 0 0-0
- 61 Winter Street 6/10/2022 $1,100,000 0.1 Condominium 1,169 0 2 1-1
- 58 Dock Street 10/11/2005 $1 0.1 Commercial 0.04 1-
- 39 Cottage Street 3/22/2019 $1 0.1 Custom 2,923 0.23 4 4-0
- 72 Simpsons Lane 12/26/2008 $5,000,000 0.1 Outbuildings 0.12 -
- 85 North Water Street 2/19/1992 $1,500,000 0.1 Historical Custom 4,233 0.26 6 4-1
- 84 Peases Point Way North 5/29/2018 $1 0.1 Custom 1,549 0.13 4 6-
- 17 North Water Street 10/25/1993 $1 0.1 Store 0.05 3-
- 78 Peases Point Way North 7/10/2014 $1,625,000 0.1 Standard Basic 1,762 0.16 5 4-0
- 50 Dock Street 3/21/1984 $1 0.1 Vacant Land 0.05 -
- 18 Dock Street 2/10/1984 $780,000 0.1 Apt/Store 0.21 2 4-
- 4 Sheriffs Lane 9/10/2020 $4,400,000 0.1 Custom 4,735 0.27 5 6-0
- 33 Cottage Street 11/20/2014 $4,450,000 0.1 Custom 3,731 0.21 5 5-1
- 31 North Summer Street 3/16/2015 $1,350,000 0.1 Apt/Store 0.12 2-
- 19 Cottage Street 12/28/2012 $1 0.1 Custom 3,860 0.12 4 5-0
- 27 Cottage Street 7/26/2013 $4,900,000 0.1 Historical Custom 4,562 0.32 6 5-1
- 34 North Summer Street 9/1/1965 $0 0.1 Churches 0.24 1-
- 43 Cottage Street 2/19/2019 $1 0.1 Bungalow 1,112 0.17 2 1-0
- 87 North Water Street 2/13/2020 $10 0.1 Historical Custom 4,976 0.26 7 3-0
Averages 5403 days $1,883,216 0.08 --- 1,780 0.15 --- ---  
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 235 3 71 North Summer Street