70 North Summer Street, Edgartown, MA 02539

70 North Summer Street Edgartown MA 02539
Owner Information
Owner 1
Eric K Klaussmann IV
Owner 2
Elizabeth M Klaussmann
Owner's Address
C/O Nutter Attn H Watkins, 155 Seaport Blvd Boston, MA 02110-2604
Market Sale Information
Most recent sale date
5/20/2015
Previous sale date
12/28/2001
Transfer document #
0059-0219
Previous transfer document
0059-0215
Grantor
Melville Elizabeth Chapin
Previous grantor
Melville Chapin
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
20-D-96
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
8
Stories
1.75
Number of Beds
4
Year Built
1900
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1830
Number of Kitchen
Gross Living Area
3691
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,593,500.00
Total value
$2,673,800.00
Building value
$1,074,500.00
Estimated tax
$6,818.00
Yard improvement value
$5,800.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 70 North Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Custom Age 1900 Rooms 8 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3691 Heating Fuel Oil Detached Garage Lot Size 0.14 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,074,500.00 AEM Value - Land $1,593,500.00 AEM Value - Other $5,800.00 AEM Value - Total $2,673,800.00
A) 53 Peases Point Way North 0.0 9/3/2024 $2,500,000 1,512 2 $1653.44 Custom 1928 8 4 2 0 2449 Oil 0.11 Asph/F Gls/Cmp $743,800 $953,400 $800 $1,698,000
B) 18 Pent Lane 0.2 10/2/2024 $3,750,000 1,672 2 $2242.82 Historical Custom 1820 8 4 3 0 1846 Gas 0.12 Asph/F Gls/Cmp $738,200 $1,535,000 $10,000 $2,283,200
C) 10 High Street 0.4 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
D) 99 South Summer Street 0.5 9/24/2024 $3,875,000 1,800 1.75 $2152.78 Cape Cod 1973 3 2 0 3834 Electric 0.31 Asph/F Gls/Cmp $720,100 $1,852,600 $3,900 $2,576,600
E) 119 South Water Street 0.5 10/2/2024 $3,860,000 1,949 1.5 $1980.50 Custom 1850 4 2 1 3113 Gas 0.36 Wood Shingle $1,293,000 $1,874,600 $4,000 $3,171,600
F) 37 West Tisbury Road 0.5 9/27/2024 $2,395,000 1,803 2 $1328.34 Cape Cod 1930 5 3 3 0 3348 Gas 0.14 Asph/F Gls/Cmp $835,900 $473,000 $0 $1,308,900
G) 2 Marchants Path 0.7 9/17/2024 $1,550,000 1,809 1.75 $856.83 Cape Cod 1985 5 3 2 0 2716 Gas 0.5 Asph/F Gls/Cmp $606,000 $571,200 $4,900 $1,182,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 70 North Summer Street 5/20/2015 $1 0 Custom 1,830 0.14 4 2-0 -
  Criteria
A 53 Peases Point Way North 9/3/2024 $2,500,000 0.0 Custom 1,512 0.11 4 2-0
B 18 Pent Lane 10/2/2024 $3,750,000 0.2 Historical Custom 1,672 0.12 4 3-0
C 10 High Street 5/10/2024 $3,000,000 0.4 Custom 1,748 0.15 3 1-1
D 99 South Summer Street 9/24/2024 $3,875,000 0.5 Cape Cod 1,800 0.31 3 2-0
E 119 South Water Street 10/2/2024 $3,860,000 0.5 Custom 1,949 0.36 4 2-1
F 37 West Tisbury Road 9/27/2024 $2,395,000 0.5 Cape Cod 1,803 0.14 3 3-0
G 2 Marchants Path 9/17/2024 $1,550,000 0.7 Cape Cod 1,809 0.5 3 2-0
Averages 33 days $2,990,000 0.41 --- 1,756 0.24 --- ---  

Estimation of Market Value - $3,458,340

As of today, 10/06/2024, the estimated market value of 70 North Summer Street, Edgartown considering the above 7 comparable properties is $3,458,340.

 

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
  • 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
@ 70 North Summer Street 5/20/2015 $1 0 Custom 1,830 0.14 4 2-0 -
  Criteria
A 66 North Summer Street 1/5/1984 $155,000 0.0 Custom 2,435 0.12 4 2-0
B 74 North Summer Street 7/30/2003 $1,465,000 0.0 Historical Custom 2,492 0.21 4 3-2
C 64 North Summer Street 1/5/1984 $155,000 0.0 Cape Cod 1,170 0.15 1 1-0
D 63 Peases Point Way North 2/18/2022 $5,600,000 0.0 Colonial 2,768 0.18 5 4-1
E 67 Peases Point Way North 1/5/2009 $1 0.0 Colonial 2,080 0.12 3 2-1
F 80 North Summer Street 6/17/2003 $1 0.0 Custom 1,634 0.12 3 2-0
G 62 North Summer Street 3/21/2003 $900,000 0.0 Cape Cod 3,809 0.12 4 3-1
H 69 Peases Point Way North 8/28/1981 $1 0.0 Standard Basic 1,260 0.09 2 1-0
I 59 Peases Point Way North 11/2/1961 $0 0.0 Telephone Bldg 0.41 1-
J 61 Simpsons Lane 10/19/2021 $1 0.0 Standard Basic 888 0.07 2 1-0
K 73 North Summer Street 1/2/2018 $375,000 0.0 Historical Custom 1,800 0.22 3 2-0
L 82 North Summer Street 6/2/2021 $1 0.0 Custom 1,677 0.16 3 1-0
M 67 North Summer Street 6/9/2004 $1 0.0 Vacant Land 0.33 -
N 67 Simpsons Lane 7/30/2024 $1,350,000 0.0 Standard Basic 840 0.06 2 1-0
O 65 North Summer Street 2/9/2018 $1 0.0 Custom 2,084 0.35 3 3-0
P 61 North Summer Street 8/31/2010 $1 0.0 Historical Custom 2,143 0.11 5 2-1
Q 54 Morse Street 9/10/2021 $10 0.0 Custom 724 0.35 1 1-0
R 84 North Summer Street 11/4/2021 $1 0.0 Custom 2,661 0.14 3 3-1
S 56 North Summer Street 9/15/2022 $100 0.0 Historical Custom 2,981 0.24 3 2-0
T 40 Morse Street 12/26/2012 $1 0.0 Estate 5,805 0.43 6 7-3
U 53 Peases Point Way North 9/3/2024 $2,500,000 0.0 Custom 1,512 0.11 4 2-0
V 36 Morse Street 11/5/2019 $4,113,000 0.1 Historical Custom 2,471 0.38 5 3-1
W 70 Simpsons Lane 5/6/2021 $10 0.1 Ranch 1,104 0.19 3 2-0
X 74 Peases Point Way North 7/12/2019 $1 0.1 Custom 3,982 0.59 4 6-1
Y 37 Simpsons Lane 12/10/2020 $2,595,000 0.1 Custom 1,698 0.08 3 3-1
Z 4 Sheriffs Lane 9/10/2020 $4,400,000 0.1 Custom 4,735 0.27 5 6-0
- 38 Morse Street 9/28/2020 $6,875,000 0.1 Historical Custom 3,249 0.29 5 5-2
- 29 Simpsons Lane 8/16/1999 $545,000 0.1 Custom 1,804 0.12 2 3-0
- 72 Simpsons Lane 12/26/2008 $5,000,000 0.1 Outbuildings 0.12 -
- 1 Pierce Lane 5/17/2017 $3,175,000 0.1 Historical Custom 2,704 0.28 4 4-0
- 49 North Summer Street 7/15/2019 $2,925,000 0.1 Custom 2,284 0.1 5 4-1
- 45 Winter Street 12/23/2021 $4,600,000 0.1 Historical Custom 2,328 0.16 4 4-1
- 51 Winter Street 2/1/1978 $0 0.1 Clubs/Lodges 0.2 3 4-
- 25 Simpsons Lane 4/28/2022 $2,900,000 0.1 Inn/B+B 2,388 0.2 5 5-0
- 71 North Summer Street 6/15/2023 $2,495,000 0.1 Cape Cod 1,008 0.14 2 2-0
- 30 Simpsons Lane 1/8/2009 $950,400 0.1 Colonial 4,590 0.12 4 4-1
- 74 Simpsons Lane 12/25/2008 $5,000,000 0.1 Employee Housng 4,252 0.12 7 7-0
- 69 North Summer Street 6/9/2004 $1 0.1 Ranch 840 0.24 2 1-1
- 85 Peases Point Way North 4/14/2004 $1 0.1 Custom 0.15 4 3-1
- 78 Peases Point Way North 7/10/2014 $1,625,000 0.1 Standard Basic 1,762 0.16 5 4-0
- 41 Morse Street 4/11/2000 $1 0.1 Historical Custom 2,372 0.12 7 4-0
- 63 Winter Street Unit 11 10/19/2004 $1 0.1 Condo Office 1,483 0 0-0
- 63 Winter Street Unit 12 10/19/2004 $1 0.1 Condo Office 1,805 0 0-0
- 61 Winter Street 6/10/2022 $1,100,000 0.1 Condominium 1,169 0 2 1-1
- 80 Peases Point Way North 3/5/2015 $1 0.1 Cape Cod 1,429 0.11 4 2-0
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
- 47 Morse Street 6/9/2020 $1 0.1 Historical Custom 2,871 0.25 4 3-1
- 44 North Water Street 9/6/2016 $3,750,000 0.1 Historical Custom 2,917 0.14 5 5-1
- 49 Morse Street 10/25/2018 $5,150,000 0.1 Custom 3,238 0.23 4 7-1
- 45 Morse Street 12/27/2013 $1 0.1 Custom 2,296 0.21 4 2-0
- 29 Winter Street Unit 22 4/9/2019 $1 0.1 Retail Condo 402 0 0-0
- 29 Winter Street Unit 23 3/3/2017 $250,000 0.1 Retail Condo 357 0 0-0
- 29 Winter Street Unit 24 5/16/2022 $100 0.1 Retail Condo 353 0 0-0
- 29 Winter Street Unit 25 4/17/2014 $160,000 0.1 Retail Condo 343 0 0-0
- 29 Winter Street Unit 26 3/3/2017 $250,000 0.1 Retail Condo 126 0 0-0
- 29 Winter Street Unit 33 7/3/2012 $1 0.1 Condo Office 469 0 0-0
- 29 Winter Street Unit 34 7/3/2012 $1 0.1 Condo Office 288 0 0-0
- 29 Winter Street Unit 35 7/3/2012 $1 0.1 Condo Office 298 0 0-0
- 37 Morse Street 1/29/2020 $4,234,000 0.1 Historical Custom 0.23 4 5-1
- 28 Morse Street 2/5/2010 $1 0.1 Standard Basic 1,073 0.09 4 1-0
- 41 Winter Street 12/20/2018 $1,500,000 0.1 Historical Custom 2,306 0.1 4 2-0
- 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
- 84 Peases Point Way North 5/29/2018 $1 0.1 Custom 1,549 0.13 4 6-
- 2 Pierce Lane 4/20/2018 $1 0.1 Historical Custom 3,177 0.19 5 7-0
- 15 Simpsons Lane 8/3/2015 $1 0.1 Custom 2,252 0.15 4 2-0
- 7 Sheriffs Lane 1/1/1900 $0 0.1 Custom 3,082 0.98 5 3-1
- 67 Winter Street 12/25/2008 $5,000,000 0.1 Employee Housng 7,308 0.37 9 15-0
- 60 North Water Street 12/20/2018 $5,000,000 0.1 Vacant Land 0.23 -
- 6 Wilbur Lane 4/22/1986 $116,000 0.1 Cape Cod 1,652 0.12 4 2-0
- 87 Peases Point Way North 10/11/2016 $1,750,000 0.1 Colonial 2,570 0.15 4 4-1
- 6 Fuller Street 4/11/2007 $3,760,000 0.1 Historical Custom 4,240 0.3 6 5-0
- 26 Morse Street 8/1/2024 $3,800,000 0.1 Historical Custom 2,408 0.18 4 2-1
- 9 Pierce Lane 2/12/2020 $9,000,000 0.1 Estate 0.76 8 9-3
- 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
- 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
- 34 North Summer Street 9/1/1965 $0 0.1 Churches 0.24 1-
- 86 Peases Point Way North 12/1/2009 $3,750,000 0.1 Historical Custom 3,687 0.28 5 5-1
- 29 Morse Street 12/10/2012 $2,050,000 0.1 Historical Custom 2,638 0.3 4 4-0
- 46 Peases Point Way North 11/19/2014 $1 0.1 Custom 1,534 0.23 3 2-0
- 36 Winter Street Unit 3 2/21/2020 $1 0.1 Retail Condo 356 0 1-1
- 8 Pierce Lane 10/24/2014 $1,700,000 0.1 Custom 1,640 0.09 3 3-1
- 60 Winter Street 1/7/2011 $1 0.1 Apt/Office 0.18 2-
- 11 Sheriffs Lane 12/19/2012 $1 0.1 Cape Cod 1,271 0.24 2 2-0
- 91 Peases Point Way North 9/13/2012 $1 0.1 Bungalow 1,781 0.14 3 1-1
- 24 Morse Street 4/12/2012 $1 0.1 Historical Custom 1,971 0.13 3 2-1
- 66 North Water Street 12/16/2013 $2,828,000 0.1 Historical Custom 6,502 0.31 5 5-2
- 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
- 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 12/10/2009 $2,050,000 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
- 68 North Water Street 10/15/2021 $10,000,000 0.1 Historical Custom 660 0.31 2 1-1
- 27 Morse Street 6/12/2007 $1 0.1 Standard Basic 1,348 0.13 3 2-0
- 72 North Water Street 5/29/2007 $1 0.1 Historical Custom 3,431 0.3 5 3-1
- 30 Winter Street 10/2/2020 $19,640,000 0.1 Vacant Land 0.11 -
- 50 Cottage Street 10/7/1993 $237,000 0.1 Custom 3,571 0.18 5 4-1
- 58 North Water Street 3/23/2016 $1 0.1 Library 0.28 3-
- 56 North Water Street 12/21/2018 $5,000,000 0.1 Inn/B+B 5,260 0.13 9 14-0
- 70 North Water Street 5/12/2000 $1,250,000 0.1 Historical Custom 3,178 0.28 5 4-1
- 24 Winter Street 4/1/1968 $0 0.1 Vacant Land 0.2 -
- 62 North Water Street 10/31/2013 $2,500,000 0.1 Historical Custom 0.3 9 8-4
- 5 Wilbur Lane 1/26/2021 $1 0.1 Ranch 2,311 0.66 4 3-0
- 14 Fuller Street 7/6/2015 $1 0.1 Historical Custom 3,310 0.44 5 3-0
- 31 North Summer Street 3/16/2015 $1,350,000 0.1 Apt/Store 0.12 2-
- 13 Pierce Lane 11/1/2022 $1,675,000 0.1 Standard Basic 1,342 0.05 2 2-0
- 7 Fuller Street 12/28/2020 $1 0.1 Colonial 0.27 5 6-1
- 56 Cottage Street 12/21/2021 $1 0.1 Historical Custom 4,317 0.16 6 6-1
- 26 North Summer Street 4/18/2023 $815,702 0.1 Historical Custom 2,982 0.33 5 4-1
- 35 Church Street 6/14/1963 $0 0.1 Vacant Land 0.13 -
- 5 Cottle Lane 10/27/2016 $1,670,000 0.1 Standard Plus 2,327 0.21 3 3-0
- 22 Winter Street 8/11/2017 $1 0.1 Inn/B+B 7,223 0.16 9 18-3
- 15 Sheriffs Way 10/2/1998 $510,000 0.1 Custom 1,780 0.2 3 2-0
- 14 Pierce Lane 5/26/2000 $800,000 0.1 Cape Cod 1,706 0.22 3 2-1
- 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
- 23 Morse Street 8/20/2013 $1,500,000 0.1 Historical Custom 2,377 0.2 4 4-1
- 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
- 29 Church Street $0 0.1 Other Municip 0.17 2-
- 18 North Summer Street 12/27/2012 $1 0.1 Apt/Store 0.19 1 2-
- 32 Cottage Street 2/17/2021 $2,750,000 0.1 Custom 2,200 0.2 4 3-0
- 22 North Water Street 5/20/2014 $3,050,000 0.1 Inn/B+B 4,787 0.31 8 8-2
- 21 Morse Street 5/28/1998 $1 0.1 Historical Custom 2,860 0.2 5 3-1
- 19 Pierce Lane 11/6/2020 $5,500,000 0.1 Estate 0.44 4 6-1
Averages 5238 days $1,332,573 0.08 --- 1,610 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 96 70 North Summer Street