1 Morse Street Unit 1, Edgartown, MA 02539

Owner Information
Owner 1
Marina (lessee) Prime
Owner 2
Owner's Address
32 Herring Creek Rd Edgartown, MA 02539
Market Sale Information
Most recent sale date
5/24/2016
Previous sale date
1/1/2011
Transfer document #
LEAS-0
Previous transfer document
LEAS-0
Grantor
Edgartown Marine (lessee)
Previous grantor
Town of Edgartown
Most recent sale price
$0.00
Previous sale price
$1.00
Site Information
Property ID
20-D-286-1
Lot Size
0
Use Code
322 - Discount and Department Stores
Zoning
R5
Building Style
Commercial
Number of Rooms
Stories
1
Number of Beds
Year Built
2004
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
3353
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Wall Brd/Wood
Floor type
Concr-Finished
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
None
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Coal or Wood
Frame type
WOOD FRAME
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$0.00
Total value
$357,200.00
Building value
$357,200.00
Estimated tax
$946.00
Yard improvement value
$0.00
Certified Mass Appraisal
20112012201320142015201620172018201920202021202220232024$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
1 Morse Street Unit 1$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000Subject PropertyTotal Assessment ($)Total Assessment
Address 1 Morse Street Unit 1
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft -
Style Commercial
Age 2004
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area 3353
Heating Fuel Coal or Wood
Detached Garage
Lot Size 0
Roof Cover Asph/F Gls/Cmp
AEM Value - Building $357,200.00
AEM Value - Land $0.00
AEM Value - Other $0.00
AEM Value - Total $357,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Morse Street Unit 1 5/24/2016 $0 0 Commercial 0 - -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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 Property1 Morse Street Unit 128 Morse Street27 Morse Street22 Cottage Street24 Morse Street21 Cottage Street21 Morse Street26 Morse Street82 North Water Street20 Cottage Street23 Morse Street19 Cottage Street94 North Water Street72 North Water Street74 North Water Street70 North Water Street86 North Water Street7 Fuller Street80 North Water Street90 North Water Street58 North Water Street76 North Water Street88 North Water Street68 North Water Street24 Cottage Street66 North Water Street62 North Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Morse Street Unit 1 5/24/2016 $0 0 Commercial 0 - -
  Criteria
A 2 Morse Street 5/5/2021 $9,000,000 0.0 Custom 2,312 0.07 4 4-0
B 4 Morse Street 5/5/2021 $9,000,000 0.0 Custom 2,036 0.16 3 3-0
C 83 North Water Street 1/17/2013 $1 0.0 Historical Custom 6,966 0.46 7 9-0
D 85 North Water Street 2/19/1992 $1,500,000 0.0 Historical Custom 4,233 0.26 6 4-1
E 73 North Water Street 10/24/2017 $1 0.0 Historical Custom 4,178 0.31 4 3-0
F 87 North Water Street 2/13/2020 $10 0.0 Historical Custom 4,976 0.26 7 3-0
G 71 North Water Street 5/15/1998 $4,000,000 0.0 Custom 2,016 0.31 3 3-0
H 91 North Water Street 11/20/2020 $100 0.0 Historical Custom 1,914 0.33 3 3-1
I 67 North Water Street 9/10/1997 $6,000,000 0.1 Historical Custom 5,232 0.46 5 5-1
J 93 North Water Street 2/22/2007 $9,300,000 0.1 Custom 1,334 0.25 2 1-2
K 65 North Water Street 7/22/2020 $10 0.1 Historical Custom 0.31 4 4-1
L 80 North Water Street 1/17/2012 $1 0.1 Historical Custom 4,666 0.2 9 7-1
M 86 North Water Street 8/4/2010 $2,675,000 0.1 Historical Custom 4,686 0.26 9 4-2
N 99 North Water Street 1/6/2005 $6,300,000 0.1 Ranch 1,760 0.21 3 2-0
O 61 North Water Street 9/20/2024 $13,128,000 0.1 Historical Custom 3,547 0.4 5 4-0
P 76 North Water Street 12/13/2021 $1 0.1 Historical Custom 4,411 0.19 5 4-0
Q 88 North Water Street 3/15/2021 $6,100,000 0.1 Historical Custom 3,772 0.26 5 3-0
R 82 North Water Street 3/13/2014 $2,200,000 0.1 Historical Custom 3,198 0.2 5 4-0
S 90 North Water Street 7/11/2018 $4,350,000 0.1 Historical Custom 4,279 0.28 5 5-1
T 94 North Water Street 5/19/1975 $0 0.1 Historical Custom 2,546 0.19 3 2-0
U 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
V 59 North Water Street 2/2/2004 $3,500,000 0.1 Historical Custom 0.41 9 9-0
W 101 North Water Street 4/29/1999 $2,550,000 0.1 Standard Plus 2,514 0.22 4 3-0
X 58 Dock Street 10/11/2005 $1 0.1 Commercial 0.04 1-
Y 100 North Water Street 11/3/1976 $0 0.1 Historical Custom 4,038 0.21 5 4-0
Z 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
- 53 Dock Street 12/31/1938 $0 0.1 Outbuildings 0.31 -
- 10 Daggett Street 4/19/1984 $1 0.1 Clubs/Lodges 0.2 3-
- 70 North Water Street 5/12/2000 $1,250,000 0.1 Historical Custom 3,178 0.28 5 4-1
- 50 Dock Street 3/21/1984 $1 0.1 Vacant Land 0.05 -
- 105 North Water Street 9/29/2006 $6,500,000 0.1 Standard Plus 1,503 0.19 2 2-0
- 72 North Water Street 5/29/2007 $1 0.1 Historical Custom 3,431 0.3 5 3-1
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 68 North Water Street 10/15/2021 $10,000,000 0.1 Historical Custom 660 0.31 2 1-1
- 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
- 24 Morse Street 4/12/2012 $1 0.1 Historical Custom 1,971 0.13 3 2-1
- 19 Cottage Street 12/28/2012 $1 0.1 Custom 3,860 0.12 4 5-0
- 66 North Water Street 12/16/2013 $2,828,000 0.1 Historical Custom 6,502 0.31 5 5-2
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 104 North Water Street 5/13/1998 $2,300,000 0.1 Historical Custom 5,135 0.27 6 3-0
- 102 North Water Street 5/13/1998 $1 0.1 Custom 675 0.39 1 1-0
- 62 North Water Street 10/31/2013 $2,500,000 0.1 Historical Custom 0.3 9 8-4
- 107 North Water Street 1/30/2018 $1 0.1 Outbuildings 0.22 -
- 45 Dock Street 12/5/2008 $750,000 0.1 Commercial 0.03 1-
- 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
- 24 Cottage Street 10/1/2013 $2,605,000 0.1 Estate 3,714 0.29 6 6-1
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 109 North Water Street 5/18/1990 $1 0.1 Bungalow 882 0.3 2 1-0
- 55 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 2,864 0.63 6 3-0
- 58 North Water Street 3/23/2016 $1 0.1 Library 0.28 3-
- 51 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 3,246 0.23 9 9-0
- 41 Dock Street 12/27/2013 $1 0.1 Store 0.1 1-
- 21 Cottage Street 8/11/2021 $10 0.1 Historical Custom 2,403 0.21 4 2-1
- 3 Chappaquiddick Road 12/4/1941 $0 0.1 Outbuildings 0.21 -
- 108 North Water Street 1/30/2018 $1 0.1 Historical Custom 4,614 0.32 4 2-1
- 28 Morse Street 2/5/2010 $1 0.1 Standard Basic 1,073 0.09 4 1-0
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
Averages 6808 days $2,740,915 0.09 --- 2,398 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 286 1 1 Morse Street Unit 1