65 North Water Street, Edgartown, MA 02539

65 North Water Street Edgartown MA 02539
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Owner Information
Owner 1
Edward J Ludwig
Owner 2
Kathleen W Ludwig
Owner's Address
590 Admiralty Parade Naples, FL 34102
Market Sale Information
Most recent sale date
7/22/2020
Previous sale date
7/28/2009
Transfer document #
1535-1081
Previous transfer document
1188-0107
Grantor
Edward J Ludwig
Previous grantor
James F Reynolds
Most recent sale price
$10.00
Previous sale price
$1.00
Site Information
Property ID
20-D-293
Lot Size
0.31
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
12
Stories
2.25
Number of Beds
4
Year Built
1870
Number of full baths
4
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
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Wood Shingle
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2025
Land Value
$9,260,900.00
Total value
$12,724,500.00
Building value
$3,463,600.00
Estimated tax
$33,719.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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
Mailing Labels $Valuation Report Copy To Clipboard
1 Marchants Path5 Armstrong Lane65 North Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 65 North Water Street A) 5 Armstrong LaneB) 1 Marchants Path
Photo
Plan
Map
Proximity 0.50.8
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 187020051986
Rooms 1295
Bedrooms 433
Full baths 432
Half baths 111
Gross Living Area
Heating Fuel OilGasOil
Detached Garage
Lot Size 0.310.870.5
Roof Cover Wood ShingleWood ShingleAsph/F Gls/Cmp
AEM Value - Building $3,463,600.00$3,084,200$1,304,900
AEM Value - Land $9,260,900.00$1,023,200$571,200
AEM Value - Other $0.00$0$0
AEM Value - Total $12,724,500.00$4,107,400$1,876,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 65 North Water Street 7/22/2020 $10 0 Historical Custom 0.31 4 4-1 -
  Criteria
A 5 Armstrong Lane 3/6/2025 $4,650,000 0.5 Custom 0.87 3 3-1
B 1 Marchants Path 4/4/2025 $2,803,000 0.8 Colonial 0.5 3 2-1
Averages 91 days $3,726,500 0.66 --- 0.69 --- ---  

Estimation of Market Value - $15,849,536

As of today, 06/19/2025, the estimated market value of 65 North Water Street, Edgartown considering the above 2 comparable properties is $15,849,536.

 

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 Property15 Winter Street Unit 515 Winter Street Unit 615 Winter Street Unit 77 Winter Street38 North Water Street Unit R138 North Water Street Unit C538 North Water Street Unit R338 North Water Street Unit R538 North Water Street Unit R215 Winter Street Unit 315 Winter Street Unit 215 Winter Street Unit 43 Winter Street38 North Water Street Unit R438 North Water Street Unit R615 Winter Street Unit 1B15 Winter Street Unit 1A38 North Water Street Unit C415 Winter Street Unit 838 North Water Street Unit C35 Winter Street9 Winter Street32 North Water Street38 North Water Street Unit C222 North Water Street38 North Water Street Unit C165 North Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 65 North Water Street 7/22/2020 $10 0 Historical Custom 0.31 4 4-1 -
  Criteria
A 67 North Water Street 9/10/1997 $6,000,000 0.0 Historical Custom 5,232 0.46 5 5-1
B 61 North Water Street 9/20/2024 $13,128,000 0.0 Historical Custom 3,547 0.4 5 4-0
C 71 North Water Street 5/15/1998 $4,000,000 0.0 Custom 2,016 0.31 3 3-0
D 59 North Water Street 2/2/2004 $3,500,000 0.0 Historical Custom 0.41 9 9-0
E 73 North Water Street 10/24/2017 $1 0.0 Historical Custom 4,178 0.31 4 3-0
F 10 Daggett Street 4/19/1984 $1 0.0 Clubs/Lodges 0.2 3-
G 58 Dock Street 10/11/2005 $1 0.0 Commercial 0.04 1-
H 4 Morse Street 5/5/2021 $9,000,000 0.0 Custom 2,036 0.16 3 3-0
I 50 Dock Street 3/21/1984 $1 0.0 Vacant Land 0.05 -
J 2 Morse Street 5/5/2021 $9,000,000 0.0 Custom 2,312 0.07 4 4-0
K 62 North Water Street 10/31/2013 $2,500,000 0.1 Historical Custom 0.3 9 8-4
L 55 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 2,864 0.63 6 3-0
M 51 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 3,246 0.23 9 9-0
N 66 North Water Street 12/16/2013 $2,828,000 0.1 Historical Custom 6,502 0.31 5 5-2
O 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
P 68 North Water Street 10/15/2021 $10,000,000 0.1 Historical Custom 660 0.31 2 1-1
Q 70 North Water Street 5/12/2000 $1,250,000 0.1 Historical Custom 3,178 0.28 5 4-1
R 53 Dock Street 12/31/1938 $0 0.1 Outbuildings 0.31 -
S 58 North Water Street 3/23/2016 $1 0.1 Library 0.28 3-
T 76 North Water Street 12/13/2021 $1 0.1 Historical Custom 4,411 0.19 5 4-0
U 45 Dock Street 12/5/2008 $750,000 0.1 Commercial 0.03 1-
V 1 Morse Street 1/31/1997 $1,400,000 0.1 Commercial 0.26 -
W 1 Morse Street Unit 1 5/24/2016 $0 0.1 Commercial 0 -
X 83 North Water Street 1/17/2013 $1 0.1 Historical Custom 6,966 0.46 7 9-0
Y 24 Kelley Street 10/2/2020 $19,640,000 0.1 Hotel 0.58 9 9-
Z 41 Dock Street 12/27/2013 $1 0.1 Store 0.1 1-
- 56 North Water Street 12/21/2018 $5,000,000 0.1 Inn/B+B 5,260 0.13 9 14-0
- 72 North Water Street 5/29/2007 $1 0.1 Historical Custom 3,431 0.3 5 3-1
- 80 North Water Street 1/17/2012 $1 0.1 Historical Custom 4,666 0.2 9 7-1
- 6 Kelley Street 10/2/2020 $19,640,000 0.1 Commercial 0.04 1-
- 29 Dock Street 10/1/1978 $0 0.1 Fast Food Loc 0.02 2-
- 85 North Water Street 2/19/1992 $1,500,000 0.1 Historical Custom 4,233 0.26 6 4-1
- 60 North Water Street 12/20/2018 $5,000,000 0.1 Vacant Land 0.23 -
- 82 North Water Street 3/13/2014 $2,200,000 0.1 Historical Custom 3,198 0.2 5 4-0
- 31 Dock Street 8/25/2000 $2,100,000 0.1 Restaurant 0.24 3-
- 24 Morse Street 4/12/2012 $1 0.1 Historical Custom 1,971 0.13 3 2-1
- 86 North Water Street 8/4/2010 $2,675,000 0.1 Historical Custom 4,686 0.26 9 4-2
- 87 North Water Street 2/13/2020 $10 0.1 Historical Custom 4,976 0.26 7 3-0
- 23 Dock Street 2/6/2003 $1 0.1 Apt/Office 0.25 1 3-
- 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
- 15 Simpsons Lane 8/3/2015 $1 0.1 Custom 2,252 0.15 4 2-0
- 69 North Summer Street 6/9/2004 $1 0.1 Ranch 840 0.24 2 1-1
- 28 Morse Street 2/5/2010 $1 0.1 Standard Basic 1,073 0.09 4 1-0
- 18 Dock Street 2/10/1984 $780,000 0.1 Apt/Store 0.21 2 4-
- 71 North Summer Street 6/15/2023 $2,495,000 0.1 Cape Cod 1,008 0.14 2 2-0
- 15 Dock Street 1/15/1993 $962,500 0.1 Apt/Store 0.21 1-
- 88 North Water Street 3/15/2021 $6,100,000 0.1 Historical Custom 3,772 0.26 5 3-0
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 91 North Water Street 11/20/2020 $100 0.1 Historical Custom 1,914 0.33 3 3-1
- 0 Mayhew Lane 10/22/1959 $0 0.1 Outbuildings 0.31 -
- 25 Simpsons Lane 6/5/2025 $3,350,000 0.1 Inn/B+B 2,388 0.2 5 5-0
- 27 North Water Street 2/19/1988 $0 0.1 Apt/Store 0.19 5-
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
- 90 North Water Street 7/11/2018 $4,350,000 0.1 Historical Custom 4,279 0.28 5 5-1
- 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 3/4/2025 $250,500 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
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 29 Simpsons Lane 8/16/1999 $545,000 0.1 Custom 1,804 0.12 2 3-0
- 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
- 44 North Water Street 9/6/2016 $3,750,000 0.1 Historical Custom 2,917 0.14 5 5-1
- 93 North Water Street 2/22/2007 $9,300,000 0.1 Custom 1,334 0.25 2 1-2
- 94 North Water Street 5/19/1975 $0 0.1 Historical Custom 2,546 0.19 3 2-0
- 21 North Water Street 8/19/1993 $269,653 0.1 Apt/Store 0.11 4-
- 36 Morse Street 11/5/2019 $4,113,000 0.1 Historical Custom 2,471 0.38 5 3-1
- 0 Mayhew Lane $0 0.1 Vacant Land 0.16 -
- 30 Simpsons Lane 1/8/2009 $950,400 0.1 Colonial 4,590 0.12 4 4-1
- 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
- 22 Cottage Street 7/9/2009 $1 0.1 Standard Basic 1,207 0.15 3 2-0
- 20 Cottage Street 11/1/1985 $216,000 0.1 Custom 2,793 0.12 4 3-0
- 17 North Water Street 10/25/1993 $1 0.1 Store 0.05 3-
- 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
- 37 Simpsons Lane 12/10/2020 $2,595,000 0.1 Custom 1,698 0.08 3 3-1
- 38 Morse Street 9/28/2020 $6,875,000 0.1 Historical Custom 3,249 0.29 5 5-2
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 8 Mayhew Lane 11/20/1997 $4,420,927 0.1 Office/Retail 0.19 3-
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
- 67 North Summer Street 6/9/2004 $1 0.1 Vacant Land 0.33 -
- 24 Cottage Street 10/1/2013 $2,605,000 0.1 Estate 3,714 0.29 6 6-1
- 22 North Water Street 5/20/2014 $3,050,000 0.1 Inn/B+B 4,787 0.31 8 8-2
Averages 6513 days $2,505,584 0.09 --- 1,752 0.16 --- ---  
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 293 65 North Water Street