118 North Water Street, Edgartown, MA 02539

118 North Water Street Edgartown MA 02539
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Owner Information
Owner 1
Mvy LLC
Owner 2
Owner's Address
C/O Private Family Office LLC, 1045 First Ave Suite 120 King Of Prussia, PA 19406
Market Sale Information
Most recent sale date
3/6/2013
Previous sale date
3/6/2013
Transfer document #
1310-0604
Previous transfer document
1310-0602
Grantor
Wendy Lawson-Johnston McNeil
Previous grantor
Peter O Lawson-Johnston
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
20-D-272
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
12
Stories
2
Number of Beds
5
Year Built
1875
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3282
Number of Kitchen
Gross Living Area
4112
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$2,346,600.00
Total value
$4,324,500.00
Building value
$1,960,200.00
Estimated tax
$11,027.00
Yard improvement value
$17,700.00
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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 118 North Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Historical Custom Age 1875 Rooms 12 Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area 4112 Heating Fuel Oil Detached Garage Lot Size 0.37 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,960,200.00 AEM Value - Land $2,346,600.00 AEM Value - Other $17,700.00 AEM Value - Total $4,324,500.00
A) 40 Gaines Way 0.2 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
B) 62 South Water Street 0.5 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 0.7 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 118 North Water Street 3/6/2013 $1 0 Historical Custom 3,282 0.37 5 3-1 -
  Criteria
A 40 Gaines Way 9/5/2024 $9,523,000 0.2 Custom 3,038 0.46 4 4-0
B 62 South Water Street 5/3/2024 $4,500,000 0.5 Historical Custom 2,807 0.13 4 4-1
C 109 School Street 4/9/2024 $3,800,000 0.7 Custom 3,193 0.17 6 4-0
Averages 106 days $5,941,000 0.47 --- 3,013 0.25 --- ---  

Estimation of Market Value - $6,291,853

As of today, 09/19/2024, the estimated market value of 118 North Water Street, Edgartown considering the above 3 comparable properties is $6,291,853.

 

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
@ 118 North Water Street 3/6/2013 $1 0 Historical Custom 3,282 0.37 5 3-1 -
  Criteria
A 122 North Water Street 10/5/2012 $1 0.0 Historical Custom 4,574 0.23 5 4-0
B 114 North Water Street 6/30/2021 $6,050,000 0.0 Historical Custom 3,222 0.33 5 3-1
C 124 North Water Street 8/21/2020 $1 0.0 Historical Custom 0.3 5 6-1
D 116 North Water Street 12/28/2018 $1 0.0 Colonial 1,511 0.74 4 3-0
E 128 North Water Street 5/20/1987 $1 0.0 Historical Custom 1,958 0.3 3 3-1
F 110 North Water Street 6/16/2020 $1 0.0 Historical Custom 3,540 0.66 5 3-0
G 108 North Water Street 1/30/2018 $1 0.0 Historical Custom 4,614 0.32 4 2-1
H 112 North Water Street 12/28/2018 $1 0.0 Custom 468 0.13 1 1-0
I 107 North Water Street 1/30/2018 $1 0.1 Outbuildings 0.22 -
J 104 North Water Street 5/13/1998 $2,300,000 0.1 Historical Custom 5,135 0.27 6 3-0
K 109 North Water Street 5/18/1990 $1 0.1 Bungalow 882 0.3 2 1-0
L 111 North Water Street 3/22/2017 $1 0.1 Historical Custom 3,096 0.5 5 3-1
M 115 North Water Street 10/29/2021 $1 0.1 Historical Custom 3,402 0.33 4 4-1
N 123 North Water Street 10/10/2008 $1 0.1 Custom 2,072 0.3 5 5-0
O 105 North Water Street 9/29/2006 $6,500,000 0.1 Standard Plus 1,503 0.19 2 2-0
P 117 North Water Street 10/29/2021 $1 0.1 Historical Custom 2,957 0.34 5 3-1
Q 102 North Water Street 5/13/1998 $1 0.1 Custom 675 0.39 1 1-0
R 119 North Water Street 4/10/2023 $12,600,000 0.1 Historical Custom 2,079 0.37 3 3-0
S 0 North Water Street 7/20/1953 $0 0.1 Vacant Land 0.09 -
T 101 North Water Street 4/29/1999 $2,550,000 0.1 Standard Plus 2,514 0.22 4 3-0
U 131 North Water Street 1/12/2018 $30,000,000 0.1 Hotel 4.39 0-
V 131 North Water Street Unit 20-20A 12/26/2021 $1,800,000 0.1 Hotel Condo 957 0 2 2-2
W 131 North Water Street Unit 52 1/12/2018 $30,000,000 0.1 Hotel Condo 862 0 3 3-3
X 131 North Water Street Unit 61 7/6/2021 $100 0.1 Hotel Condo 895 0 2 2-2
Y 131 North Water Street Unit 62 1/12/2018 $30,000,000 0.1 Hotel Condo 895 0 2 2-2
Z 131 North Water Street Unit 91-91A 7/2/2024 $1,500,000 0.1 Hotel Condo 678 0 2 2-2
- 131 North Water Street Unit 92-92A 8/16/2016 $1 0.1 Hotel Condo 761 0 2 2-2
- 131 North Water Street Unit 93 7/3/2017 $789,000 0.1 Hotel Condo 679 0 2 2-2
- 131 North Water Street Unit 94 1/12/2018 $30,000,000 0.1 Hotel Condo 730 0 2 2-2
- 131 North Water Street Unit 95 9/23/2019 $10 0.1 Hotel Condo 435 0 2 2-2
- 131 North Water Street Unit 96 1/12/2018 $30,000,000 0.1 Hotel Condo 1,061 0 2 2-2
- 131 North Water Street Unit 21 4/2/2024 $1,100,000 0.1 Hotel Condo 514 0 2 2-2
- 131 North Water Street Unit 22-22A 1/12/2018 $30,000,000 0.1 Hotel Condo 960 0 2 2-2
- 131 North Water Street Unit 23 10/19/2017 $647,500 0.1 Hotel Condo 515 0 1 1-1
- 131 North Water Street Unit 24-24A 4/13/2018 $2,500,000 0.1 Hotel Condo 1,473 0 2 2-2
- 131 North Water Street Unit 31-31A 12/5/2021 $2,250,000 0.1 Hotel Condo 1,195 0 2 2-2
- 131 North Water Street Unit 32 9/13/2013 $3,056,050 0.1 Hotel Condo 1,063 0 2 2-2
- 131 North Water Street Unit 33 9/13/2013 $3,056,050 0.1 Hotel Condo 1,045 0 2 2-2
- 131 North Water Street Unit 51 7/31/2023 $1,850,000 0.1 Hotel Condo 862 0 2 2-2
- 100 North Water Street 11/3/1976 $0 0.1 Historical Custom 4,038 0.21 5 4-0
- 37 Fuller Street 7/1/1992 $410,000 0.1 Custom 3,298 0.28 5 5-2
- 39 Fuller Street 4/17/2013 $1,675,000 0.1 Custom 4,846 0.3 5 4-1
- 21 Cottage Street 8/11/2021 $10 0.1 Historical Custom 2,403 0.21 4 2-1
- 33 Fuller Street 12/6/2021 $1 0.1 Custom 6,442 0.39 5 4-0
- 99 North Water Street 1/6/2005 $6,300,000 0.1 Ranch 1,760 0.21 3 2-0
- 45 Fuller Street 4/15/2014 $1,825,000 0.1 Custom 4,606 0.41 5 5-1
- 19 Cottage Street 12/28/2012 $1 0.1 Custom 3,860 0.12 4 5-0
- 127 North Water Street 3/21/1984 $1 0.1 Vacant Land 3.01 -
- 23 Fuller Street 12/2/1994 $1 0.1 Vacant Land 0.3 -
- 27 Fuller Street 9/15/2022 $100 0.1 Custom 2,498 0.2 4 2-0
- 23 Cottage Street 2/23/2000 $1 0.1 Custom 2,916 0.21 3 2-1
- 94 North Water Street 5/19/1975 $0 0.1 Historical Custom 2,546 0.19 3 2-0
- 27 Cottage Street 7/26/2013 $4,900,000 0.1 Historical Custom 4,562 0.32 6 5-1
- 93 North Water Street 2/22/2007 $9,300,000 0.1 Custom 1,334 0.25 2 1-2
- 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
- 14 Thayer Street 12/22/2015 $1 0.1 Historical Custom 3,154 0.62 5 4-1
- 90 North Water Street 7/11/2018 $4,350,000 0.1 Historical Custom 4,279 0.28 5 5-1
- 91 North Water Street 11/20/2020 $100 0.1 Historical Custom 1,914 0.33 3 3-1
- 33 Cottage Street 11/20/2014 $4,450,000 0.1 Custom 3,731 0.21 5 5-1
- 34 Fuller Street 8/1/2001 $2,000,000 0.1 Historical Custom 0.29 4 4-1
- 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
- 40 Fuller Street 8/11/2017 $1,300,000 0.1 Custom 4,495 0.24 5 3-0
- 2 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Vacant Land 0.29 -
- 1 Starbuck Neck Road 10/11/2001 $21,892,500 0.1 Estate 2.6 8 8-3
- 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
- 87 North Water Street 2/13/2020 $10 0.1 Historical Custom 4,976 0.26 7 3-0
- 52 Fuller Street 3/15/2022 $10 0.1 Historical Custom 5,115 0.23 4 4-2
- 30 Fuller Street 4/22/2021 $4,500,000 0.1 Custom 2,178 0.38 3 2-1
- 28 Fuller Street 7/31/2013 $2,100,000 0.1 Vacant Land 0.29 -
- 30 Cottage Street 5/1/2020 $1,825,000 0.1 Standard Basic 1,536 0.18 3 2-0
- 63 Fuller Street 10/31/2016 $2,950,000 0.1 Job Shop(s) 0.34 3 2-
- 86 North Water Street 8/4/2010 $2,675,000 0.1 Historical Custom 4,686 0.26 9 4-2
Averages 4719 days $4,355,102 0.08 --- 2,088 0.34 --- ---  
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 272 118 North Water Street