16 School Street, Edgartown, MA 02539

16 School Street Edgartown MA 02539
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Owner Information
Owner 1
John R Tankard III
Owner 2
Judith B Tankard
Owner's Address
321 Dartmouth Street, Unit 1 Boston, MA 02116
Market Sale Information
Most recent sale date
8/19/2004
Previous sale date
4/4/1969
Transfer document #
1012-0763
Previous transfer document
0277-0030
Grantor
Ruth M Galvin
Previous grantor
Most recent sale price
$1,325,000.00
Previous sale price
$0.00
Site Information
Property ID
20-D-55
Lot Size
0.1
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1780
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2264
Number of Kitchen
Gross Living Area
4195
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,468,100.00
Total value
$3,093,900.00
Building value
$1,620,500.00
Estimated tax
$7,889.00
Yard improvement value
$5,300.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 16 School Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $585.25 Style Historical Custom Age 1780 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4195 Heating Fuel Oil Detached Garage Lot Size 0.1 Roof Cover Wood Shingle AEM Value - Building $1,620,500.00 AEM Value - Land $1,468,100.00 AEM Value - Other $5,300.00 AEM Value - Total $3,093,900.00
A) 62 South Water Street 0.1 5/3/2024 $4,500,000 2,807 2 $1603.14 Historical Custom 1825 9 4 4 1 3710 Gas 0.13 Wood Shingle $1,846,400 $1,958,500 $10,900 $3,815,800
B) 10 High Street 0.2 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $896,900 $1,601,700 $4,400 $2,503,000
C) 111 Peases Point Way North 0.4 1/10/2024 $5,150,000 2,324 2 $2216.01 Custom 1910 9 4 3 1 2833 Gas 0.29 Wood Shingle $1,740,000 $2,300,400 $16,600 $4,057,000
D) 17 Lenssen Way 0.8 4/8/2024 $3,840,000 2,300 1.75 $1669.57 Standard Plus 2001 8 3 4 0 4709 Gas 2.01 Wood Shingle $1,366,900 $1,779,700 $8,200 $3,154,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 School Street 8/19/2004 $1,325,000 0 Historical Custom 2,264 0.1 3 2-1 -
  Criteria
A 62 South Water Street 5/3/2024 $4,500,000 0.1 Historical Custom 2,807 0.13 4 4-1
B 10 High Street 5/10/2024 $3,000,000 0.2 Custom 1,748 0.15 3 1-1
C 111 Peases Point Way North 1/10/2024 $5,150,000 0.4 Custom 2,324 0.29 4 3-1
D 17 Lenssen Way 4/8/2024 $3,840,000 0.8 Standard Plus 2,300 2.01 3 4-0
Averages 100 days $4,122,500 0.38 --- 2,295 0.64 --- ---  

Estimation of Market Value - $3,918,926

As of today, 07/08/2024, the estimated market value of 16 School Street, Edgartown considering the above 4 comparable properties is $3,918,926.

 

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
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 School Street 8/19/2004 $1,325,000 0 Historical Custom 2,264 0.1 3 2-1 -
  Criteria
A 20 School Street 11/21/2019 $4,400,000 0.0 Historical Custom 2,952 0.13 3 2-0
B 86 Main Street 1/1/1900 $0 0.0 Churches 0.42 1-
C 11 School Street 7/13/1998 $1 0.0 Historical Custom 1,347 0.07 2 1-1
D 26 School Street 12/19/2001 $1 0.0 Historical Custom 4,849 0.45 5 5-1
E 19 School Street 4/14/2022 $100 0.0 Historical Custom 2,056 0.1 4 2-0
F 7 School Street 10/28/1983 $199,000 0.0 Finan Inst. 0.08 0-
G 92 Main Street 1/23/1997 $375,000 0.0 Historical Custom 1,743 0.19 3 2-0
H 34 School Street 8/22/1994 $250,000 0.0 Historical Custom 3,736 0.13 5 3-0
I 25 School Street 8/27/2004 $1 0.0 Historical Custom 3,394 0.22 5 3-0
J 78 Main Street 9/1/1961 $0 0.0 Finan Inst. 0.09 2-
K 61 Davis Lane 7/28/2011 $1 0.0 Historical Custom 1,642 0.05 4 3-0
L 49 Davis Lane 12/19/2017 $2,320,000 0.0 Historical Custom 2,132 0.13 4 3-0
M 96 Main Street 9/27/2018 $2,200,000 0.0 Historical Custom 2,893 0.17 6 5-0
N 24 South Summer Street 8/5/1986 $1 0.0 Custom 1,796 0.12 3 3-0
O 10 Pent Lane 8/21/2020 $2,900,000 0.0 Standard Plus 977 0.35 3 2-0
P 47 Cooke Street 12/5/2016 $1 0.0 Historical Custom 2,827 0.21 5 3-1
Q 70 Main Street 1/1/2000 $0 0.0 Other Municip 0.29 3-
R 16 Pent Lane 8/20/2020 $4,499,000 0.0 Historical Custom 2,323 0.1 4 4-1
S 60 Davis Lane 10/24/2023 $900,000 0.0 Historical Custom 3,515 0.2 5 5-0
T 20 South Summer Street 3/31/2015 $1 0.0 Apt/Store 0.14 4 3-
U 0 Davis Lane 11/29/2010 $1,500,000 0.0 Vacant Land 0.03 -
V 37 School Street 9/8/2021 $2,000,000 0.0 Historical Custom 840 0.05 1 2-0
W 81 Main Street $0 0.1 Other County 0.42 8-
X 89 Main Street 4/30/1981 $1 0.1 Auditorium 0.28 2-
Y 100 Main Street 6/24/2022 $100 0.1 Historical Custom 3,648 0.17 6 7-1
Z 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 18 Pent Lane 10/27/2016 $1,650,000 0.1 Historical Custom 1,672 0.12 4 3-0
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 71 Main Street 3/20/2018 $3,000,000 0.1 Restaurant 0.07 4-
- 68 Davis Lane 1/31/2006 $1 0.1 Custom 2,343 0.37 2 2-1
- 0 Main Street 5/2/1990 $1 0.1 Vacant Land 0.01 -
- 102 Main Street 6/1/1998 $1 0.1 Historical Custom 2,621 0.14 4 2-1
- 44 School Street 9/1/2017 $1 0.1 Custom 2,313 0.22 4 2-1
- 15 Church Street 1/1/1991 $1 0.1 Commercial 0.03 0-
- 0 Main Street-Rear 4/5/1993 $25,000 0.1 Commercial 0.02 -
- 0 Main Street 8/17/1964 $0 0.1 Outbuildings 0.4 -
- 71 Davis Lane 10/12/2021 $6,000,000 0.1 Historical Custom 4,224 0.43 6 4-1
- 0 Main Street 4/5/1993 $25,000 0.1 Vacant Land 0.01 -
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 65 Main Street Unit 101 1/23/1992 $345,000 0.1 Retail Condo 1,533 0 0-0
- 65 Main Street Unit 102 3/23/1993 $200,000 0.1 Retail Condo 1,049 0 0-0
- 65 Main Street Unit 103 1/23/1992 $345,000 0.1 Retail Condo 576 0 0-0
- 65 Main Street Unit 104 1/23/1992 $345,000 0.1 Retail Condo 527 0 0-0
- 65 Main Street Unit 105 3/17/1993 $195,000 0.1 Retail Condo 84 0 0-0
- 65 Main Street Unit 106 3/17/1993 $195,000 0.1 Restaurant Condo 1,416 0 2-2
- 65 Main Street Unit 201 3/17/1993 $195,000 0.1 Theater Condo 7,468 0 2-2
- 17 Church Street 4/9/2001 $1,050,000 0.1 Restaurant 0.12 0-
- 51 Cooke Street 5/4/2004 $1,900,000 0.1 Historical Custom 2,506 0.16 3 3-1
- 24 Church Street Lot 2 10/18/1982 $1 0.1 Vacant Land 0.05 -
- 37 Cooke Street 7/26/2018 $4,550,000 0.1 Historical Custom 3,231 0.17 4 5-1
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 61 Main Street 12/27/2012 $1 0.1 Apt/Store 0.12 4 2-
- 5 Peases Point Way South 12/12/2011 $1,883,000 0.1 Historical Custom 0.18 6 6-1
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 104 Main Street 9/5/2017 $4,000,000 0.1 Inn/B+B 8,709 0.28 9 19-0
- 7 Peases Point Way South 1/18/2022 $2,400,000 0.1 Historical Custom 2,896 0.13 4 3-1
- 3 Sparrow Lane 8/22/2002 $1 0.1 Modern/Contemporary 1,104 0.5 3 2-0
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 19 Church Street 11/26/2013 $1,750,000 0.1 Restaurant 0.17 4-
- 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
- 55 Main Street 4/3/2015 $1 0.1 Restaurant 0.09 2-
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 99-99A Main Street 3/26/1984 $1 0.1 Office Bldg 2.36 3-
- 12 North Summer Street 10/19/2021 $1 0.1 Apt/Store 0.05 2 2-
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 59 Cooke Street 5/16/2008 $1 0.1 Ranch 1,508 0.22 3 1-1
- 53 Main Street 4/3/2015 $1 0.1 Store 0.09 1-
- 26 Church Street 7/20/2017 $1 0.1 Apt/Office 0.24 2-
- 18 North Summer Street 12/27/2012 $1 0.1 Apt/Store 0.19 1 2-
- 105 Main Street 5/4/2012 $1,300,000 0.1 Historical Custom 2,910 0.46 5 3-1
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 46 Cooke Street 10/22/2012 $2,950,000 0.1 Historical Custom 5,556 0.34 8 6-2
- 29 Church Street $0 0.1 Other Municip 0.17 2-
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 50 Cooke Street 8/21/2008 $1 0.1 Historical Custom 1,873 0.17 3 2-1
- 41 South Summer Street 11/2/2015 $2,875,000 0.1 Historical Custom 3,482 0.19 5 4-2
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
- 15 North Summer Street 3/21/2021 $100 0.1 Retail Condo 563 0 0-0
- 17 North Summer Street 3/5/2009 $175,000 0.1 Condominium 528 0 1 1-1
- 19 North Summer Street 8/31/2020 $1,770,000 0.1 Condominium 1,735 0 2 2-2
- 21 North Summer Street 7/20/2018 $2,100,000 0.1 Condominium 1,764 0 2 2-2
- 23 North Summer Street 12/21/2011 $1 0.1 Condominium 1,966 0 2 2-2
- 25 North Summer Street 3/2/2018 $248,287 0.1 Condominium 528 0 1 1-1
- 27 North Summer Street 8/3/2017 $365,000 0.1 Retail Condo 816 0 0-0
- 0 North Summer Street 12/21/2011 $1 0.1 Outbuildings 0 -
- 0 North Summer Street 7/20/2018 $2,100,000 0.1 Outbuildings 0 -
- 26 North Summer Street 4/18/2023 $815,702 0.1 Historical Custom 2,982 0.33 5 4-1
- 72 Davis Lane 12/22/2016 $1 0.1 Historical Custom 4,382 0.23 4 5-1
- 70 Davis Lane 12/1/2015 $1 0.1 Historical Custom 3,795 0.23 6 6-1
- 51 School Street 12/3/2018 $0 0.1 Historical Custom 2,676 0.4 3 0-1
- 42 Main Street 7/20/2017 $1 0.1 Store 0.03 2-
- 45 South Summer Street $0 0.1 Churches 0.2 1-
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 35 Church Street 6/14/1963 $0 0.1 Vacant Land 0.13 -
- 8 Peases Point Way South 11/13/2006 $2,500,000 0.1 Colonial 6,219 0.45 5 6-1
- 111 Upper Main Street 12/2/2021 $1 0.1 Historical Custom 3,434 0.19 5 4-1
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 52 South Summer Street 6/3/2022 $8,500,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 30 South Water Street 4/3/2019 $1 0.1 Historical Custom 4,062 0.16 4 4-1
- 52 Cooke Street 1/27/2014 $1,580,000 0.1 Standard Basic 1,508 0.38 2 3-0
- 36 South Water Street 2/6/2008 $1 0.1 Historical Custom 3,263 0.22 7 4-0
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 56 School Street 4/19/1996 $475,000 0.1 Custom 2,950 0.18 3 2-0
- 60 Winter Street 1/7/2011 $1 0.1 Apt/Office 0.18 2-
- 113 Upper Main Street 9/30/2021 $2,195,000 0.1 Historical Custom 2,025 0.14 3 2-0
- 54 Cooke Street 1/31/2022 $4,350,000 0.1 Historical Custom 2,408 0.39 4 3-0
- 14 Peases Point Way South 8/13/2021 $7,650,000 0.1 Historical Custom 3,232 0.23 5 6-2
- 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
- 17 Peases Point Way North 10/18/2019 $2,950,000 0.1 Cape Cod 3,643 0.28 4 3-1
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 31 North Summer Street 3/16/2015 $1,350,000 0.1 Apt/Store 0.12 2-
- 42 South Water Street 11/29/2011 $1 0.1 Historical Custom 4,512 0.21 6 6-2
- 54 South Water Street 4/5/2011 $1 0.1 Custom 2,123 0.17 3 2-0
- 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
- 60 Cooke Street 1/30/2007 $2,966,700 0.1 Custom 3,098 0.71 6 4-0
- 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
- 34 North Summer Street 9/1/1965 $0 0.1 Churches 0.24 1-
- 68 Winter Street Unit 1 9/7/2019 $557,000 0.1 Motel Condo 454 0 1 1-1
- 68 Winter Street Unit 2 7/9/2019 $550,000 0.1 Motel Condo 481 0 1 1-1
- 68 Winter Street Unit 3 6/16/2023 $805,000 0.1 Motel Condo 481 0 1 1-1
- 68 Winter Street Unit 4 11/15/2020 $620,000 0.1 Motel Condo 454 0 1 1-1
- 68 Winter Street Unit 5 12/15/2019 $580,000 0.1 Motel Condo 481 0 1 1-1
- 68 Winter Street Unit 6 3/24/2022 $1 0.1 Motel Condo 481 0 1 1-1
- 50 South Water Street 4/7/2016 $1 0.1 Historical Custom 2,145 0.2 5 5-0
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 27 Peases Point Way South 12/9/2022 $1 0.1 Cape Cod 1,782 0.1 3 2-0
- 58 School Street 8/4/2011 $1 0.1 Custom 1,268 0.18 3 1-0
- 117 Upper Main Street 6/28/2019 $100 0.1 Standard Plus 2,677 0.29 3 1-0
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 12 North Water Street 3/1/1946 $0 0.1 Apt/Store 0.72 6 4-
- 6 Peases Point Way North 6/30/2015 $1 0.1 Historical Custom 2,717 0.33 5 5-0
Averages 6447 days $948,393 0.08 --- 1,571 0.18 --- ---  
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 55 16 School Street