124 North Water Street, Edgartown, MA 02539

124 North Water Street Edgartown MA 02539
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Owner Information
Owner 1
Wargo At Pease LLC
Owner 2
Owner's Address
4422 E Brookhaven Dr Ne Atlanta, GA 30319-1008
Market Sale Information
Most recent sale date
8/21/2020
Previous sale date
12/3/2015
Transfer document #
1539-782
Previous transfer document
1392-0569
Grantor
Joseph D Wargo
Previous grantor
Frank E McKay
Most recent sale price
$1.00
Previous sale price
$3,333,333.00
Site Information
Property ID
20-D-274
Lot Size
0.3
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
12
Stories
2
Number of Beds
5
Year Built
1895
Number of full baths
6
Condition
Number of half baths
1
Finished Area
0
Number of Kitchen
Gross Living Area
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
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$3,689,200.00
Total value
$8,606,200.00
Building value
$4,917,000.00
Estimated tax
$22,806.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$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$9,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
1 Marchants Path5 Armstrong Lane124 North Water 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$9,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 124 North Water Street A) 5 Armstrong LaneB) 1 Marchants Path
Photo
Plan
Map
Proximity 0.61.0
Last Sold 3/6/20254/4/2025
Price $4,650,000$2,803,000
Net Living Area
Stories 22
Sale Price/sft ---
Style Historical CustomCustomColonial
Age 189520051986
Rooms 1295
Bedrooms 533
Full baths 632
Half baths 111
Gross Living Area
Heating Fuel GasGasOil
Detached Garage
Lot Size 0.30.870.5
Roof Cover Wood ShingleWood ShingleAsph/F Gls/Cmp
AEM Value - Building $4,917,000.00$3,084,200$1,304,900
AEM Value - Land $3,689,200.00$1,023,200$571,200
AEM Value - Other $0.00$0$0
AEM Value - Total $8,606,200.00$4,107,400$1,876,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 124 North Water Street 8/21/2020 $1 0 Historical Custom 0.3 5 6-1 -
  Criteria
A 5 Armstrong Lane 3/6/2025 $4,650,000 0.6 Custom 0.87 3 3-1
B 1 Marchants Path 4/4/2025 $2,803,000 1.0 Colonial 0.5 3 2-1
Averages 126 days $3,726,500 0.78 --- 0.69 --- ---  

Estimation of Market Value - $10,719,814

As of today, 07/24/2025, the estimated market value of 124 North Water Street, Edgartown considering the above 2 comparable properties is $10,719,814.

 

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 North Water Street131 North Water Street Unit 95131 North Water Street Unit 23131 North Water Street Unit 21131 North Water Street Unit 91-91A131 North Water Street Unit 93131 North Water Street Unit 94131 North Water Street Unit 92-92A131 North Water Street Unit 52131 North Water Street Unit 61131 North Water Street Unit 6223 Thayer Street131 North Water Street Unit 20-20A131 North Water Street Unit 22-22A131 North Water Street Unit 96131 North Water Street Unit 24-24A63 Fuller Street14 Thayer Street123 North Water Street124 North Water Street127 North Water Street117 North Water Street119 North Water Street115 North Water Street7 Starbuck Neck Road131 North Water Street1 Starbuck Neck Road$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000$35,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 124 North Water Street 8/21/2020 $1 0 Historical Custom 0.3 5 6-1 -
  Criteria
A 122 North Water Street 10/5/2012 $1 0.0 Historical Custom 4,574 0.23 5 4-0
B 128 North Water Street 5/20/1987 $1 0.0 Historical Custom 1,958 0.3 3 3-1
C 118 North Water Street 3/6/2013 $1 0.0 Historical Custom 3,282 0.37 5 3-1
D 116 North Water Street 12/28/2018 $1 0.0 Colonial 1,511 0.74 4 3-0
E 114 North Water Street 6/30/2021 $6,050,000 0.0 Historical Custom 3,222 0.33 5 3-1
F 123 North Water Street 10/10/2008 $1 0.0 Custom 2,072 0.3 5 5-0
G 131 North Water Street 1/12/2018 $30,000,000 0.1 Hotel 4.39 0-
H 131 North Water Street Unit 20-20A 12/26/2021 $1,800,000 0.1 Hotel Condo 957 0 2 2-2
I 131 North Water Street Unit 52 1/12/2018 $30,000,000 0.1 Hotel Condo 862 0 3 3-3
J 131 North Water Street Unit 61 7/6/2021 $100 0.1 Hotel Condo 895 0 2 2-2
K 131 North Water Street Unit 62 1/12/2018 $30,000,000 0.1 Hotel Condo 895 0 2 2-2
L 131 North Water Street Unit 91-91A 7/2/2024 $1,500,000 0.1 Hotel Condo 678 0 2 2-2
M 131 North Water Street Unit 92-92A 8/16/2016 $1 0.1 Hotel Condo 761 0 2 2-2
N 131 North Water Street Unit 93 7/3/2017 $789,000 0.1 Hotel Condo 679 0 2 2-2
O 131 North Water Street Unit 94 1/12/2018 $30,000,000 0.1 Hotel Condo 730 0 2 2-2
P 131 North Water Street Unit 95 9/23/2019 $10 0.1 Hotel Condo 435 0 2 2-2
Q 131 North Water Street Unit 96 1/12/2018 $30,000,000 0.1 Hotel Condo 1,061 0 2 2-2
R 131 North Water Street Unit 21 4/2/2024 $1,100,000 0.1 Hotel Condo 514 0 2 2-2
S 131 North Water Street Unit 22-22A 1/12/2018 $30,000,000 0.1 Hotel Condo 960 0 2 2-2
T 131 North Water Street Unit 23 10/19/2017 $647,500 0.1 Hotel Condo 515 0 1 1-1
U 131 North Water Street Unit 24-24A 4/13/2018 $2,500,000 0.1 Hotel Condo 1,473 0 2 2-2
V 131 North Water Street Unit 31-31A 12/5/2021 $2,250,000 0.1 Hotel Condo 1,195 0 2 2-2
W 131 North Water Street Unit 32 9/13/2013 $3,056,050 0.1 Hotel Condo 1,063 0 2 2-2
X 131 North Water Street Unit 33 9/13/2013 $3,056,050 0.1 Hotel Condo 1,045 0 2 2-2
Y 131 North Water Street Unit 51 7/31/2023 $1,850,000 0.1 Hotel Condo 862 0 2 2-2
Z 110 North Water Street 6/16/2020 $1 0.1 Historical Custom 3,540 0.66 5 3-0
- 112 North Water Street 12/28/2018 $1 0.1 Custom 468 0.13 1 1-0
- 117 North Water Street 10/29/2021 $1 0.1 Historical Custom 2,957 0.34 5 3-1
- 0 North Water Street 7/20/1953 $0 0.1 Vacant Land 0.09 -
- 119 North Water Street 4/10/2023 $12,600,000 0.1 Historical Custom 2,079 0.37 3 3-0
- 115 North Water Street 10/29/2021 $1 0.1 Historical Custom 3,402 0.33 4 4-1
- 111 North Water Street 3/22/2017 $1 0.1 Historical Custom 3,096 0.5 5 3-1
- 127 North Water Street 3/21/1984 $1 0.1 Vacant Land 3.01 -
- 108 North Water Street 1/30/2018 $1 0.1 Historical Custom 4,614 0.32 4 2-1
- 109 North Water Street 5/18/1990 $1 0.1 Bungalow 882 0.3 2 1-0
- 107 North Water Street 1/30/2018 $1 0.1 Outbuildings 0.22 -
- 104 North Water Street 5/13/1998 $2,300,000 0.1 Historical Custom 5,135 0.27 6 3-0
- 105 North Water Street 9/29/2006 $6,500,000 0.1 Standard Plus 1,503 0.19 2 2-0
- 45 Fuller Street 4/15/2014 $1,825,000 0.1 Custom 4,606 0.41 5 5-1
- 39 Fuller Street 4/17/2013 $1,675,000 0.1 Custom 4,846 0.3 5 4-1
- 37 Fuller Street 7/1/1992 $410,000 0.1 Custom 3,298 0.28 5 5-2
- 14 Thayer Street 12/22/2015 $1 0.1 Historical Custom 3,154 0.62 5 4-1
- 102 North Water Street 5/13/1998 $1 0.1 Custom 675 0.39 1 1-0
- 101 North Water Street 4/29/1999 $2,550,000 0.1 Standard Plus 2,514 0.22 4 3-0
- 33 Fuller Street 12/6/2021 $1 0.1 Custom 6,442 0.39 5 4-0
- 1 Starbuck Neck Road 10/11/2001 $21,892,500 0.1 Estate 2.6 8 8-3
- 27 Fuller Street 9/15/2022 $100 0.1 Custom 2,498 0.2 4 2-0
- 100 North Water Street 11/3/1976 $0 0.1 Historical Custom 4,038 0.21 5 4-0
- 21 Cottage Street 8/11/2021 $10 0.1 Historical Custom 2,403 0.21 4 2-1
- 23 Fuller Street 12/2/1994 $1 0.1 Vacant Land 0.3 -
- 99 North Water Street 1/6/2005 $6,300,000 0.1 Ranch 1,760 0.21 3 2-0
- 23 Cottage Street 2/23/2000 $1 0.1 Custom 2,916 0.21 3 2-1
- 19 Cottage Street 12/28/2012 $1 0.1 Custom 3,860 0.12 4 5-0
- 23 Thayer Street 10/14/2014 $2,900,000 0.1 Outbuildings 0.38 -
- 63 Fuller Street 10/31/2016 $2,950,000 0.1 Job Shop(s) 0.34 3 2-
- 2 North Spyglass Lane 6/28/2018 $8,000,000 0.1 Vacant Land 0.29 -
- 27 Cottage Street 7/26/2013 $4,900,000 0.1 Historical Custom 4,562 0.32 6 5-1
- 40 Fuller Street 8/11/2017 $1,300,000 0.1 Custom 4,495 0.24 5 3-0
- 94 North Water Street 5/19/1975 $0 0.1 Historical Custom 2,546 0.19 3 2-0
- 52 Fuller Street 3/15/2022 $10 0.1 Historical Custom 5,115 0.23 4 4-2
- 93 North Water Street 2/22/2007 $9,300,000 0.1 Custom 1,334 0.25 2 1-2
- 34 Fuller Street 8/1/2001 $2,000,000 0.1 Historical Custom 0.29 4 4-1
- 7 Starbuck Neck Road 12/15/2020 $12,900,000 0.1 Custom 3,355 1.2 4 3-2
- 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
- 33 Cottage Street 11/20/2014 $4,450,000 0.1 Custom 3,731 0.21 5 5-1
Averages 5292 days $4,762,575 0.07 --- 2,013 0.37 --- ---  
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 274 124 North Water Street