53 South Water Street, Edgartown, MA 02539

53 South Water Street Edgartown MA 02539
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Stephen H Rusckowski
Owner 2
Deborah O'Hara Rusckowski
Owner's Address
2 Coventry Ln Andover, MA 01810
Market Sale Information
Most recent sale date
10/18/2019
Previous sale date
9/6/2018
Transfer document #
80-173
Previous transfer document
0079-0107
Grantor
Einer Richard Elhauge
Previous grantor
Paul Ronan
Most recent sale price
$10,000,000.00
Previous sale price
$8,900,000.00
Site Information
Property ID
20-D-330-3
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
2001
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2936
Number of Kitchen
Gross Living Area
6658
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$9,563,300.00
Total value
$13,003,800.00
Building value
$3,440,500.00
Estimated tax
$34,460.00
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$14,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
53 Pinehurst Road2 Green Avenue106 Peases Point Way South53 South 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 53 South Water Street A) 2 Green AvenueB) 106 Peases Point Way SouthC) 53 Pinehurst Road
Photo
Plan
Map
Proximity 0.30.30.7
Last Sold 2/28/202512/6/202412/16/2024
Price $2,470,000$4,325,000$3,589,000
Net Living Area 2,3512,6453,090
Stories 222.5
Sale Price/sft $3,405.99$1050.62$1635.16$1161.49
Style Historical CustomHistorical CustomColonialColonial
Age 2001176019482016
Rooms 778
Bedrooms 3434
Full baths 4234
Half baths 1112
Gross Living Area 6658423741275992
Heating Fuel GasOilGasGas
Detached Garage
Lot Size 0.230.140.220.23
Roof Cover Wood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $3,440,500.00$1,560,800$1,663,300$1,795,600
AEM Value - Land $9,563,300.00$1,020,200$1,149,000$540,800
AEM Value - Other $0.00$0$0$0
AEM Value - Total $13,003,800.00$2,581,000$2,812,300$2,336,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 53 South Water Street 10/18/2019 $10,000,000 0 Historical Custom 2,936 0.23 3 4-1 -
  Criteria
A 2 Green Avenue 2/28/2025 $2,470,000 0.3 Historical Custom 2,351 0.14 4 2-1
B 106 Peases Point Way South 12/6/2024 $4,325,000 0.3 Colonial 2,645 0.22 3 3-1
C 53 Pinehurst Road 12/16/2024 $3,589,000 0.7 Colonial 3,090 0.23 4 4-2
Averages 130 days $3,461,333 0.45 --- 2,695 0.2 --- ---  

Estimation of Market Value - $10,619,784

As of today, 05/16/2025, the estimated market value of 53 South Water Street, Edgartown considering the above 3 comparable properties is $10,619,784.

 

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
Subject Property0 Davis Lane66 Main Street Lot 12524 South Summer Street37 School Street34 South Summer Street62 South Summer Street57 South Summer Street44 South Summer Street20 South Summer Street65 South Summer Street35 Cooke Street58 South Summer Street49 Davis Lane53 South Summer Street40 South Summer Street61 South Summer Street25 School 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 Street53 South 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
@ 53 South Water Street 10/18/2019 $10,000,000 0 Historical Custom 2,936 0.23 3 4-1 -
  Criteria
A 55 South Water Street 9/30/2005 $1 0.0 Historical Custom 3,036 0.42 4 4-2
B 45 South Water Street 11/1/2012 $1 0.0 Standard Basic 549 0.08 1 1-1
C 41 South Water Street 9/12/2019 $8,769,000 0.0 Custom 1,353 0.28 3 2-0
D 57 South Water Street 9/30/2005 $1 0.0 Cape Cod 2,415 0.3 4 4-1
E 31 South Water Street 12/29/2011 $4,275,000 0.0 Historical Custom 0.32 6 6-1
F 29 South Water Street 11/12/2013 $7,900,000 0.0 Estate 0.25 5 6-
G 56 South Water Street 2/8/1999 $1 0.0 Historical Custom 3,008 0.15 3 2-1
H 50 South Water Street 4/7/2016 $1 0.0 Historical Custom 2,145 0.2 5 5-0
I 42 South Water Street 11/29/2011 $1 0.0 Historical Custom 4,512 0.21 6 6-2
J 67 South Water Street 12/28/2010 $1 0.0 Historical Custom 2,432 0.08 4 2-2
K 69 South Water Street 12/26/2012 $1 0.0 Historical Custom 3,903 0.31 5 4-0
L 62 South Water Street 5/3/2024 $4,500,000 0.0 Historical Custom 2,807 0.13 4 4-1
M 36 South Water Street 2/6/2008 $1 0.0 Historical Custom 3,263 0.22 7 4-0
N 54 South Water Street 4/5/2011 $1 0.0 Custom 2,123 0.17 3 2-0
O 14 Cooke Street 10/31/2003 $1,525,000 0.0 Historical Custom 2,100 0.08 3 2-1
P 30 South Water Street 4/3/2019 $1 0.1 Historical Custom 4,062 0.16 4 4-1
Q 2 Cooke Street 7/10/1961 $0 0.1 Vacant Land 0.13 -
R 71 South Water Street 12/30/2019 $1 0.1 Custom 2,640 0.22 4 4-0
S 16 Cooke Street 5/20/2019 $1 0.1 Custom 1,236 0.06 3 2-0
T 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
U 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
V 20 Cooke Street 8/8/2018 $1 0.1 Historical Custom 1,470 0.06 3 2-1
W 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
X 70 South Water Street 10/5/2015 $4,300,000 0.1 Historical Custom 2,731 0.21 3 4-0
Y 7 South Water Street 9/28/2007 $1 0.1 Lodng/Motel 1.3 0-
Z 75 South Water Street 4/21/2023 $9,000,000 0.1 Historical Custom 2,825 0.52 4 2-0
- 41 South Summer Street 11/2/2015 $2,875,000 0.1 Historical Custom 3,482 0.19 5 4-2
- 1 Cooke Street 9/15/1936 $0 0.1 Clubs/Lodges 0.34 2-
- 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 45 South Summer Street $0 0.1 Churches 0.2 1-
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 81 South Water Street 1/20/2023 $15,000,000 0.1 Historical Custom 3,156 0.67 4 5-0
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 20 Main Street 4/3/2015 $1 0.1 Apt/Store 0.02 2-
- 1 South Water Street 4/3/2015 $1 0.1 Apt/Store 0.05 0-
- 2 Main Street 2/1/2005 $2,750,000 0.1 Restaurant 0.23 4-
- 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 57 South Summer Street 3/6/2025 $3,900,000 0.1 Custom 2,182 0.21 3 3-0
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 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-
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 52 South Summer Street 8/30/2024 $9,000,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 19 Main Street 11/24/2020 $5,720,000 0.1 Office/Retail 0.12 2-
- 85 South Water Street 7/2/1997 $1 0.1 Historical Custom 4,158 0.92 5 4-0
- 5 North Water Street 11/25/2020 $5,720,000 0.1 Vacant Land 0.01 -
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 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-
- 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-
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 0 Davis Lane 11/29/2010 $1,500,000 0.1 Vacant Land 0.03 -
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 24 South Summer Street 8/5/1986 $1 0.1 Custom 1,796 0.12 3 3-0
- 8 Mayhew Lane 11/20/1997 $4,420,927 0.1 Office/Retail 0.19 3-
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 11 North Water Street 12/22/2011 $1,538,000 0.1 Restaurant 0.04 3-
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 65 South Summer Street 3/18/2016 $1 0.1 Historical Custom 2,437 0.26 6 3-0
- 49 Davis Lane 12/19/2017 $2,320,000 0.1 Historical Custom 2,132 0.13 4 3-0
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 1 Dock Street Unit 2 $0 0.1 Warehouse 0.01 -
- 1 Dock Street 10/20/1966 $0 0.1 Yacht Club 0 2-
- 0 Mayhew Lane $0 0.1 Vacant Land 0.16 -
- 25 School Street 8/27/2004 $1 0.1 Historical Custom 3,394 0.22 5 3-0
- 37 Cooke Street 9/18/2024 $8,500,000 0.1 Historical Custom 3,231 0.17 4 5-1
- 37 School Street 9/8/2021 $2,000,000 0.1 Historical Custom 840 0.05 1 2-0
- 62 South Summer Street 4/12/2007 $1,109,066 0.1 Historical Custom 2,189 0.11 3 3-0
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
Averages 6358 days $1,554,146 0.09 --- 1,530 0.19 --- ---  
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 3 53 South Water Street