55 South Water Street, Edgartown, MA 02539

55 South Water Street Edgartown MA 02539
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Owner Information
Owner 1
Victor A Zollo Jr
Owner 2
Owner's Address
715 Via Lugano Winter Park, FL 32789
Market Sale Information
Most recent sale date
9/30/2005
Previous sale date
1/6/1998
Transfer document #
0064-0129
Previous transfer document
0053-0125
Grantor
Victor A Zollo
Previous grantor
Jacquelyn A Ronan
Most recent sale price
$1.00
Previous sale price
$2,500,000.00
Site Information
Property ID
20-D-330-21
Lot Size
0.42
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1682
Number of full baths
4
Condition
Number of half baths
2
Finished Area
3036
Number of Kitchen
Gross Living Area
7333
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
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$10,019,600.00
Total value
$13,803,600.00
Building value
$3,784,000.00
Estimated tax
$36,579.00
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$16,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
2 Green Avenue34 School Street55 South Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 55 South Water Street A) 34 School StreetB) 2 Green Avenue
Photo
Plan
Map
Proximity 0.10.3
Last Sold 1/22/20252/28/2025
Price $3,305,000$2,470,000
Net Living Area 3,7362,351
Stories 22
Sale Price/sft $0.00$884.64$1050.62
Style Historical CustomHistorical CustomHistorical Custom
Age 168218201760
Rooms 797
Bedrooms 454
Full baths 432
Half baths 201
Gross Living Area 733345394237
Heating Fuel OilOilOil
Detached Garage
Lot Size 0.420.130.14
Roof Cover Wood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $3,784,000.00$1,504,400$1,560,800
AEM Value - Land $10,019,600.00$1,550,000$1,020,200
AEM Value - Other $0.00$0$0
AEM Value - Total $13,803,600.00$3,054,400$2,581,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 South Water Street 9/30/2005 $1 0 Historical Custom 3,036 0.42 4 4-2 -
  Criteria
A 34 School Street 1/22/2025 $3,305,000 0.1 Historical Custom 3,736 0.13 5 3-0
B 2 Green Avenue 2/28/2025 $2,470,000 0.3 Historical Custom 2,351 0.14 4 2-1
Averages 131 days $2,887,500 0.22 --- 3,044 0.13 --- ---  

Estimation of Market Value - $8,512,963

As of today, 06/20/2025, the estimated market value of 55 South Water Street, Edgartown considering the above 2 comparable properties is $8,512,963.

 

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 Davis Lane24 South Summer Street16 Cooke Street20 Cooke Street64 South Summer Street34 South Summer Street62 South Summer Street57 South Summer Street44 South Summer Street20 South Summer Street65 South Summer Street35 Cooke Street58 South Summer Street53 South Summer Street40 South Summer Street61 South Summer Street49 South Summer Street80 South Water Street37 Cooke Street74 South Water Street39 School Street82 South Water Street70 South Water Street28 South Summer Street76 South Water Street52 South Summer Street55 South Water Street$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 South Water Street 9/30/2005 $1 0 Historical Custom 3,036 0.42 4 4-2 -
  Criteria
A 57 South Water Street 9/30/2005 $1 0.0 Cape Cod 2,415 0.3 4 4-1
B 53 South Water Street 10/18/2019 $10,000,000 0.0 Historical Custom 2,936 0.23 3 4-1
C 45 South Water Street 11/1/2012 $1 0.0 Standard Basic 549 0.08 1 1-1
D 41 South Water Street 9/12/2019 $8,769,000 0.0 Custom 1,353 0.28 3 2-0
E 67 South Water Street 12/28/2010 $1 0.0 Historical Custom 2,432 0.08 4 2-2
F 69 South Water Street 12/26/2012 $1 0.0 Historical Custom 3,903 0.31 5 4-0
G 56 South Water Street 2/8/1999 $1 0.0 Historical Custom 3,008 0.15 3 2-1
H 31 South Water Street 12/29/2011 $4,275,000 0.0 Historical Custom 0.32 6 6-1
I 62 South Water Street 5/3/2024 $4,500,000 0.0 Historical Custom 2,807 0.13 4 4-1
J 71 South Water Street 12/30/2019 $1 0.0 Custom 2,640 0.22 4 4-0
K 2 Cooke Street 7/10/1961 $0 0.0 Vacant Land 0.13 -
L 14 Cooke Street 10/31/2003 $1,525,000 0.0 Historical Custom 2,100 0.08 3 2-1
M 50 South Water Street 4/7/2016 $1 0.0 Historical Custom 2,145 0.2 5 5-0
N 29 South Water Street 11/12/2013 $7,900,000 0.0 Estate 0.25 5 6-
O 42 South Water Street 11/29/2011 $1 0.0 Historical Custom 4,512 0.21 6 6-2
P 54 South Water Street 4/5/2011 $1 0.0 Custom 2,123 0.17 3 2-0
Q 16 Cooke Street 5/20/2019 $1 0.1 Custom 1,236 0.06 3 2-0
R 75 South Water Street 4/21/2023 $9,000,000 0.1 Historical Custom 2,825 0.52 4 2-0
S 70 South Water Street 10/5/2015 $4,300,000 0.1 Historical Custom 2,731 0.21 3 4-0
T 36 South Water Street 2/6/2008 $1 0.1 Historical Custom 3,263 0.22 7 4-0
U 20 Cooke Street 8/8/2018 $1 0.1 Historical Custom 1,470 0.06 3 2-1
V 1 Cooke Street 9/15/1936 $0 0.1 Clubs/Lodges 0.34 2-
W 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
X 30 South Water Street 4/3/2019 $1 0.1 Historical Custom 4,062 0.16 4 4-1
Y 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
Z 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 41 South Summer Street 11/2/2015 $2,875,000 0.1 Historical Custom 3,482 0.19 5 4-2
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 81 South Water Street 1/20/2023 $15,000,000 0.1 Historical Custom 3,156 0.67 4 5-0
- 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 45 South Summer Street $0 0.1 Churches 0.2 1-
- 7 South Water Street 9/28/2007 $1 0.1 Lodng/Motel 1.3 0-
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 57 South Summer Street 3/6/2025 $3,900,000 0.1 Custom 2,182 0.21 3 3-0
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 85 South Water Street 7/2/1997 $1 0.1 Historical Custom 4,158 0.92 5 4-0
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 20 Main Street 4/3/2015 $1 0.1 Apt/Store 0.02 2-
- 2 Main Street 2/1/2005 $2,750,000 0.1 Restaurant 0.23 4-
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 1 South Water Street 4/3/2015 $1 0.1 Apt/Store 0.05 0-
- 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
- 52 South Summer Street 8/30/2024 $9,000,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 42 Main Street 7/20/2017 $1 0.1 Store 0.03 2-
- 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 65 South Summer Street 3/18/2016 $1 0.1 Historical Custom 2,437 0.26 6 3-0
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 89 South Water Street 6/4/1998 $1,800,000 0.1 Historical Custom 3,325 0.21 3 3-1
- 92 South Water Street 10/22/2018 $4,750,000 0.1 Colonial 5,573 0.49 5 6-1
- 0 Davis Lane 11/29/2010 $1,500,000 0.1 Vacant Land 0.03 -
- 19 Main Street 11/24/2020 $5,720,000 0.1 Office/Retail 0.12 2-
- 0 Main Street 9/13/2024 $480,000 0.1 Vacant Land 0 -
- 20 South Summer Street 3/31/2015 $1 0.1 Apt/Store 0.14 4 3-
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 62 South Summer Street 4/12/2007 $1,109,066 0.1 Historical Custom 2,189 0.11 3 3-0
- 5 North Water Street 11/25/2020 $5,720,000 0.1 Vacant Land 0.01 -
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 25 Main Street 12/27/2012 $1 0.1 Apt/Store 0.07 3 2-
- 7 North Water Street 5/12/2021 $2,000,000 0.1 Apt/Store 0.03 2-
- 24 South Summer Street 8/5/1986 $1 0.1 Custom 1,796 0.12 3 3-0
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 64 South Summer Street 5/10/2018 $1 0.1 Custom 1,352 0.11 3 2-0
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 37 Cooke Street 9/18/2024 $8,500,000 0.1 Historical Custom 3,231 0.17 4 5-1
Averages 6092 days $1,772,897 0.08 --- 1,752 0.2 --- ---  
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 330 21 55 South Water Street