87 North Water Street, Edgartown, MA 02539

Owner Information
Owner 1
Lisa Gilligan
Owner 2
Lisa Gilligan Revocable Trust
Owner's Address
15 Central Park West, APT 11G New York, NY 10023
Market Sale Information
Most recent sale date
2/13/2020
Previous sale date
9/14/2015
Transfer document #
1520-663
Previous transfer document
1385-0638
Grantor
Lisa A Gilligan
Previous grantor
Edward P Gilligan
Most recent sale price
$10.00
Previous sale price
$1.00
Site Information
Property ID
20-D-283
Lot Size
0.26
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
14
Stories
2
Number of Beds
7
Year Built
2004
Number of full baths
3
Condition
Number of half baths
0
Finished Area
4976
Number of Kitchen
Gross Living Area
9372
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
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
$11,841,100.00
Total value
$16,208,700.00
Building value
$4,367,600.00
Estimated tax
$42,953.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000$18,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
34 School Street87 North Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000$18,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 87 North Water Street A) 34 School Street
Photo
Plan
Map
Proximity 0.4
Last Sold 1/22/2025
Price $3,305,000
Net Living Area 3,736
Stories 2
Sale Price/sft $0.00$884.64
Style Historical CustomHistorical Custom
Age 20041820
Rooms 149
Bedrooms 75
Full baths 33
Half baths 00
Gross Living Area 93724539
Heating Fuel OilOil
Detached Garage
Lot Size 0.260.13
Roof Cover Wood ShingleAsph/F Gls/Cmp
AEM Value - Building $4,367,600.00$1,504,400
AEM Value - Land $11,841,100.00$1,550,000
AEM Value - Other $0.00$0
AEM Value - Total $16,208,700.00$3,054,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 87 North Water Street 2/13/2020 $10 0 Historical Custom 4,976 0.26 7 3-0 -
  Criteria
A 34 School Street 1/22/2025 $3,305,000 0.4 Historical Custom 3,736 0.13 5 3-0
Averages 150 days $3,305,000 0.37 --- 3,736 0.13 --- ---  

Estimation of Market Value - $10,970,250

As of today, 06/20/2025, the estimated market value of 87 North Water Street, Edgartown considering the above 1 comparable properties is $10,970,250.

 

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 Property28 Morse Street27 Morse Street23 Fuller Street71 North Summer Street34 Morse Street116 North Water Street24 Morse Street21 Morse Street26 Morse Street82 North Water Street23 Morse Street94 North Water Street29 Morse Street72 North Water Street74 North Water Street70 North Water Street86 North Water Street80 North Water Street90 North Water Street76 North Water Street88 North Water Street68 North Water Street66 North Water Street117 North Water Street62 North Water Street87 North Water Street115 North Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000$18,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 87 North Water Street 2/13/2020 $10 0 Historical Custom 4,976 0.26 7 3-0 -
  Criteria
A 85 North Water Street 2/19/1992 $1,500,000 0.0 Historical Custom 4,233 0.26 6 4-1
B 91 North Water Street 11/20/2020 $100 0.0 Historical Custom 1,914 0.33 3 3-1
C 83 North Water Street 1/17/2013 $1 0.0 Historical Custom 6,966 0.46 7 9-0
D 93 North Water Street 2/22/2007 $9,300,000 0.0 Custom 1,334 0.25 2 1-2
E 1 Morse Street 1/31/1997 $1,400,000 0.0 Commercial 0.26 -
F 1 Morse Street Unit 1 5/24/2016 $0 0.0 Commercial 0 -
G 2 Morse Street 5/5/2021 $9,000,000 0.0 Custom 2,312 0.07 4 4-0
H 94 North Water Street 5/19/1975 $0 0.0 Historical Custom 2,546 0.19 3 2-0
I 99 North Water Street 1/6/2005 $6,300,000 0.0 Ranch 1,760 0.21 3 2-0
J 90 North Water Street 7/11/2018 $4,350,000 0.0 Historical Custom 4,279 0.28 5 5-1
K 4 Morse Street 5/5/2021 $9,000,000 0.0 Custom 2,036 0.16 3 3-0
L 88 North Water Street 3/15/2021 $6,100,000 0.0 Historical Custom 3,772 0.26 5 3-0
M 86 North Water Street 8/4/2010 $2,675,000 0.0 Historical Custom 4,686 0.26 9 4-2
N 73 North Water Street 10/24/2017 $1 0.1 Historical Custom 4,178 0.31 4 3-0
O 100 North Water Street 11/3/1976 $0 0.1 Historical Custom 4,038 0.21 5 4-0
P 101 North Water Street 4/29/1999 $2,550,000 0.1 Standard Plus 2,514 0.22 4 3-0
Q 80 North Water Street 1/17/2012 $1 0.1 Historical Custom 4,666 0.2 9 7-1
R 82 North Water Street 3/13/2014 $2,200,000 0.1 Historical Custom 3,198 0.2 5 4-0
S 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
T 71 North Water Street 5/15/1998 $4,000,000 0.1 Custom 2,016 0.31 3 3-0
U 105 North Water Street 9/29/2006 $6,500,000 0.1 Standard Plus 1,503 0.19 2 2-0
V 76 North Water Street 12/13/2021 $1 0.1 Historical Custom 4,411 0.19 5 4-0
W 19 Cottage Street 12/28/2012 $1 0.1 Custom 3,860 0.12 4 5-0
X 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
Y 102 North Water Street 5/13/1998 $1 0.1 Custom 675 0.39 1 1-0
Z 104 North Water Street 5/13/1998 $2,300,000 0.1 Historical Custom 5,135 0.27 6 3-0
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
- 67 North Water Street 9/10/1997 $6,000,000 0.1 Historical Custom 5,232 0.46 5 5-1
- 107 North Water Street 1/30/2018 $1 0.1 Outbuildings 0.22 -
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 24 Cottage Street 10/1/2013 $2,605,000 0.1 Estate 3,714 0.29 6 6-1
- 21 Cottage Street 8/11/2021 $10 0.1 Historical Custom 2,403 0.21 4 2-1
- 65 North Water Street 7/22/2020 $10 0.1 Historical Custom 0.31 4 4-1
- 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
- 72 North Water Street 5/29/2007 $1 0.1 Historical Custom 3,431 0.3 5 3-1
- 24 Morse Street 4/12/2012 $1 0.1 Historical Custom 1,971 0.13 3 2-1
- 23 Cottage Street 2/23/2000 $1 0.1 Custom 2,916 0.21 3 2-1
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 70 North Water Street 5/12/2000 $1,250,000 0.1 Historical Custom 3,178 0.28 5 4-1
- 30 Cottage Street 5/1/2020 $1,825,000 0.1 Standard Basic 1,536 0.18 3 2-0
- 61 North Water Street 9/20/2024 $13,128,000 0.1 Historical Custom 3,547 0.4 5 4-0
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
- 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
- 68 North Water Street 10/15/2021 $10,000,000 0.1 Historical Custom 660 0.31 2 1-1
- 111 North Water Street 3/22/2017 $1 0.1 Historical Custom 3,096 0.5 5 3-1
- 110 North Water Street 6/16/2020 $1 0.1 Historical Custom 3,540 0.66 5 3-0
- 114 North Water Street 6/30/2021 $6,050,000 0.1 Historical Custom 3,222 0.33 5 3-1
- 27 Cottage Street 7/26/2013 $4,900,000 0.1 Historical Custom 4,562 0.32 6 5-1
- 59 North Water Street 2/2/2004 $3,500,000 0.1 Historical Custom 0.41 9 9-0
- 66 North Water Street 12/16/2013 $2,828,000 0.1 Historical Custom 6,502 0.31 5 5-2
- 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
- 32 Cottage Street 2/17/2021 $2,750,000 0.1 Custom 2,200 0.2 4 3-0
- 115 North Water Street 10/29/2021 $1 0.1 Historical Custom 3,402 0.33 4 4-1
- 62 North Water Street 10/31/2013 $2,500,000 0.1 Historical Custom 0.3 9 8-4
- 28 Morse Street 2/5/2010 $1 0.1 Standard Basic 1,073 0.09 4 1-0
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
- 118 North Water Street 3/6/2013 $1 0.1 Historical Custom 3,282 0.37 5 3-1
- 23 Fuller Street 12/2/1994 $1 0.1 Vacant Land 0.3 -
- 58 Dock Street 10/11/2005 $1 0.1 Commercial 0.04 1-
- 10 Daggett Street 4/19/1984 $1 0.1 Clubs/Lodges 0.2 3-
- 33 Cottage Street 11/20/2014 $4,450,000 0.1 Custom 3,731 0.21 5 5-1
- 117 North Water Street 10/29/2021 $1 0.1 Historical Custom 2,957 0.34 5 3-1
- 116 North Water Street 12/28/2018 $1 0.1 Colonial 1,511 0.74 4 3-0
- 50 Dock Street 3/21/1984 $1 0.1 Vacant Land 0.05 -
- 71 North Summer Street 6/15/2023 $2,495,000 0.1 Cape Cod 1,008 0.14 2 2-0
Averages 5755 days $2,124,360 0.08 --- 2,488 0.26 --- ---  
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 283 87 North Water Street