61 North Water Street, Edgartown, MA 02539

61 North Water Street Edgartown MA 02539
Owner Information
Owner 1
Cooke Three Seven LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
9/20/2024
Previous sale date
10/15/2021
Transfer document #
1690-339
Previous transfer document
1599-169
Grantor
Adam M Zaiger
Previous grantor
Keewaydin 41 LLC
Most recent sale price
$13,128,000.00
Previous sale price
$10,975,000.00
Site Information
Property ID
20-D-294
Lot Size
0.4
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
10
Stories
2.5
Number of Beds
5
Year Built
1860
Number of full baths
4
Condition
Number of half baths
0
Finished Area
3547
Number of Kitchen
Gross Living Area
8056
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
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2025
Land Value
$9,411,700.00
Total value
$11,228,900.00
Building value
$1,817,200.00
Estimated tax
$29,756.00
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
53 Pinehurst Road34 School Street61 North Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 61 North Water Street A) 34 School StreetB) 53 Pinehurst Road
Photo
Plan
Map
Proximity 0.30.8
Last Sold 1/22/202512/16/2024
Price $3,305,000$3,589,000
Net Living Area 3,7363,090
Stories 22.5
Sale Price/sft $3,701.16$884.64$1161.49
Style Historical CustomHistorical CustomColonial
Age 186018202016
Rooms 1098
Bedrooms 554
Full baths 434
Half baths 002
Gross Living Area 805645395992
Heating Fuel OilOilGas
Detached Garage
Lot Size 0.40.130.23
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,817,200.00$1,504,400$1,795,600
AEM Value - Land $9,411,700.00$1,550,000$540,800
AEM Value - Other $0.00$0$0
AEM Value - Total $11,228,900.00$3,054,400$2,336,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 61 North Water Street 9/20/2024 $13,128,000 0 Historical Custom 3,547 0.4 5 4-0 -
  Criteria
A 34 School Street 1/22/2025 $3,305,000 0.3 Historical Custom 3,736 0.13 5 3-0
B 53 Pinehurst Road 12/16/2024 $3,589,000 0.8 Colonial 3,090 0.23 4 4-2
Averages 133 days $3,447,000 0.56 --- 3,413 0.18 --- ---  

Estimation of Market Value - $8,971,181

As of today, 05/16/2025, the estimated market value of 61 North Water Street, Edgartown considering the above 2 comparable properties is $8,971,181.

 

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
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 C161 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
@ 61 North Water Street 9/20/2024 $13,128,000 0 Historical Custom 3,547 0.4 5 4-0 -
  Criteria
A 59 North Water Street 2/2/2004 $3,500,000 0.0 Historical Custom 0.41 9 9-0
B 65 North Water Street 7/22/2020 $10 0.0 Historical Custom 0.31 4 4-1
C 10 Daggett Street 4/19/1984 $1 0.0 Clubs/Lodges 0.2 3-
D 67 North Water Street 9/10/1997 $6,000,000 0.0 Historical Custom 5,232 0.46 5 5-1
E 58 Dock Street 10/11/2005 $1 0.0 Commercial 0.04 1-
F 71 North Water Street 5/15/1998 $4,000,000 0.0 Custom 2,016 0.31 3 3-0
G 50 Dock Street 3/21/1984 $1 0.0 Vacant Land 0.05 -
H 55 North Water Street 10/2/2020 $19,640,000 0.0 Inn/B+B 2,864 0.63 6 3-0
I 51 North Water Street 10/2/2020 $19,640,000 0.0 Inn/B+B 3,246 0.23 9 9-0
J 73 North Water Street 10/24/2017 $1 0.0 Historical Custom 4,178 0.31 4 3-0
K 53 Dock Street 12/31/1938 $0 0.0 Outbuildings 0.31 -
L 45 Dock Street 12/5/2008 $750,000 0.0 Commercial 0.03 1-
M 62 North Water Street 10/31/2013 $2,500,000 0.1 Historical Custom 0.3 9 8-4
N 4 Morse Street 5/5/2021 $9,000,000 0.1 Custom 2,036 0.16 3 3-0
O 41 Dock Street 12/27/2013 $1 0.1 Store 0.1 1-
P 24 Kelley Street 10/2/2020 $19,640,000 0.1 Hotel 0.58 9 9-
Q 58 North Water Street 3/23/2016 $1 0.1 Library 0.28 3-
R 6 Kelley Street 10/2/2020 $19,640,000 0.1 Commercial 0.04 1-
S 66 North Water Street 12/16/2013 $2,828,000 0.1 Historical Custom 6,502 0.31 5 5-2
T 2 Morse Street 5/5/2021 $9,000,000 0.1 Custom 2,312 0.07 4 4-0
U 29 Dock Street 10/1/1978 $0 0.1 Fast Food Loc 0.02 2-
V 68 North Water Street 10/15/2021 $10,000,000 0.1 Historical Custom 660 0.31 2 1-1
W 56 North Water Street 12/21/2018 $5,000,000 0.1 Inn/B+B 5,260 0.13 9 14-0
X 70 North Water Street 5/12/2000 $1,250,000 0.1 Historical Custom 3,178 0.28 5 4-1
Y 31 Dock Street 8/25/2000 $2,100,000 0.1 Restaurant 0.24 3-
Z 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
- 76 North Water Street 12/13/2021 $1 0.1 Historical Custom 4,411 0.19 5 4-0
- 23 Dock Street 2/6/2003 $1 0.1 Apt/Office 0.25 1 3-
- 72 North Water Street 5/29/2007 $1 0.1 Historical Custom 3,431 0.3 5 3-1
- 60 North Water Street 12/20/2018 $5,000,000 0.1 Vacant Land 0.23 -
- 1 Morse Street 1/31/1997 $1,400,000 0.1 Commercial 0.26 -
- 1 Morse Street Unit 1 5/24/2016 $0 0.1 Commercial 0 -
- 18 Dock Street 2/10/1984 $780,000 0.1 Apt/Store 0.21 2 4-
- 83 North Water Street 1/17/2013 $1 0.1 Historical Custom 6,966 0.46 7 9-0
- 15 Dock Street 1/15/1993 $962,500 0.1 Apt/Store 0.21 1-
- 80 North Water Street 1/17/2012 $1 0.1 Historical Custom 4,666 0.2 9 7-1
- 15 Simpsons Lane 8/3/2015 $1 0.1 Custom 2,252 0.15 4 2-0
- 0 Mayhew Lane 10/22/1959 $0 0.1 Outbuildings 0.31 -
- 24 Morse Street 4/12/2012 $1 0.1 Historical Custom 1,971 0.13 3 2-1
- 27 North Water Street 2/19/1988 $0 0.1 Apt/Store 0.19 5-
- 82 North Water Street 3/13/2014 $2,200,000 0.1 Historical Custom 3,198 0.2 5 4-0
- 85 North Water Street 2/19/1992 $1,500,000 0.1 Historical Custom 4,233 0.26 6 4-1
- 69 North Summer Street 6/9/2004 $1 0.1 Ranch 840 0.24 2 1-1
- 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
- 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
- 28 Morse Street 2/5/2010 $1 0.1 Standard Basic 1,073 0.09 4 1-0
- 71 North Summer Street 6/15/2023 $2,495,000 0.1 Cape Cod 1,008 0.14 2 2-0
- 25 Simpsons Lane 4/28/2022 $2,900,000 0.1 Inn/B+B 2,388 0.2 5 5-0
- 86 North Water Street 8/4/2010 $2,675,000 0.1 Historical Custom 4,686 0.26 9 4-2
- 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
- 87 North Water Street 2/13/2020 $10 0.1 Historical Custom 4,976 0.26 7 3-0
- 21 North Water Street 8/19/1993 $269,653 0.1 Apt/Store 0.11 4-
- 0 Mayhew Lane $0 0.1 Vacant Land 0.16 -
- 44 North Water Street 9/6/2016 $3,750,000 0.1 Historical Custom 2,917 0.14 5 5-1
- 29 Simpsons Lane 8/16/1999 $545,000 0.1 Custom 1,804 0.12 2 3-0
- 17 North Water Street 10/25/1993 $1 0.1 Store 0.05 3-
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 88 North Water Street 3/15/2021 $6,100,000 0.1 Historical Custom 3,772 0.26 5 3-0
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
- 8 Mayhew Lane 11/20/1997 $4,420,927 0.1 Office/Retail 0.19 3-
- 91 North Water Street 11/20/2020 $100 0.1 Historical Custom 1,914 0.33 3 3-1
- 30 Simpsons Lane 1/8/2009 $950,400 0.1 Colonial 4,590 0.12 4 4-1
- 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
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 1 Dock Street Unit 2 $0 0.1 Warehouse 0.01 -
- 1 Dock Street 10/20/1966 $0 0.1 Yacht Club 0 2-
- 90 North Water Street 7/11/2018 $4,350,000 0.1 Historical Custom 4,279 0.28 5 5-1
- 22 North Water Street 5/20/2014 $3,050,000 0.1 Inn/B+B 4,787 0.31 8 8-2
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
- 0 Main Street 9/13/2024 $480,000 0.1 Vacant Land 0 -
- 36 Morse Street 11/5/2019 $4,113,000 0.1 Historical Custom 2,471 0.38 5 3-1
- 37 Simpsons Lane 12/10/2020 $2,595,000 0.1 Custom 1,698 0.08 3 3-1
- 11 North Water Street 12/22/2011 $1,538,000 0.1 Restaurant 0.04 3-
- 67 North Summer Street 6/9/2004 $1 0.1 Vacant Land 0.33 -
- 93 North Water Street 2/22/2007 $9,300,000 0.1 Custom 1,334 0.25 2 1-2
- 17 Winter Street Unit 12 12/10/2019 $446,500 0.1 Retail Condo 368 0 0-0
- 17 Winter Street Unit 13 12/31/1985 $131,000 0.1 Retail Condo 369 0 0-0
- 19 Winter Street Unit 14 12/31/2021 $1 0.1 Retail Condo 484 0 0-0
- 17 Winter Street Unit 27 1/22/2018 $237,000 0.1 Condo Office 386 0 0-0
- 17 Winter Street Unit 28 12/1/2015 $1 0.1 Condo Office 388 0 0-0
- 19 Winter Street Unit 29 12/31/2021 $1 0.1 Condo Office 576 0 0-0
- 38 Morse Street 9/28/2020 $6,875,000 0.1 Historical Custom 3,249 0.29 5 5-2
- 94 North Water Street 5/19/1975 $0 0.1 Historical Custom 2,546 0.19 3 2-0
- 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
- 23 Winter Street Unit 15 5/13/2016 $256,000 0.1 Retail Condo 373 0 0-0
- 23 Winter Street Unit 16 5/13/2016 $250,000 0.1 Retail Condo 426 0 0-0
- 23 Winter Street Unit 17 1/10/2006 $360,000 0.1 Retail Condo 432 0 0-0
- 23 Winter Street Unit 18 5/13/2016 $256,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 19 5/13/2016 $250,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 20 3/14/1985 $1 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 21 1/10/2006 $360,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 30 6/17/2016 $150,000 0.1 Condo Office 381 0 0-0
- 23 Winter Street Unit 31 8/8/2011 $275,000 0.1 Condo Office 428 0 0-0
- 23 Winter Street Unit 32 5/15/2001 $120,000 0.1 Condo Office 451 0 0-0
- 65 North Summer Street 2/9/2018 $1 0.1 Custom 2,084 0.35 3 3-0
Averages 6521 days $2,043,371 0.09 --- 1,460 0.14 --- ---  
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 294 61 North Water Street