40 Fishermans Knot Road, Edgartown, MA 02539

40 Fishermans Knot Road Edgartown MA 02539
Owner Information
Owner 1
Donald F Costello & Suzanne F
Owner 2
Owner's Address
P O Box 1004 Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/12/1997
Previous sale date
5/8/1986
Transfer document #
0715-0593
Previous transfer document
00447-0760
Grantor
Stephen M Obrien
Previous grantor
Stephen M Obrien
Most recent sale price
$176,500.00
Previous sale price
$38,000.00
Site Information
Property ID
21-108
Lot Size
0.96
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2087
Number of Kitchen
Gross Living Area
4547
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$416,000.00
Total value
$1,004,600.00
Building value
$580,100.00
Estimated tax
$2,561.00
Yard improvement value
$8,500.00
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 40 Fishermans Knot Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $84.57 Style Colonial Age 1986 Rooms 8 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 4547 Heating Fuel Electric Detached Garage Lot Size 0.96 Roof Cover Asph/F Gls/Cmp AEM Value - Building $580,100.00 AEM Value - Land $416,000.00 AEM Value - Other $8,500.00 AEM Value - Total $1,004,600.00
A) 19 Duncan Close 0.3 6/27/2024 $1,725,000 1,722 1.75 $1001.74 Colonial 1984 5 3 2 0 4202 Gas 0.63 Asph/F Gls/Cmp $540,200 $238,100 $1,700 $780,000
B) 64 Jernegan Pond Road 0.4 6/4/2024 $1,300,000 1,637 1.5 $794.14 Cape Cod 1991 4 1 2 1 4700 Gas 1.4 Asph/F Gls/Cmp $878,100 $347,900 $46,800 $1,272,800
C) 39 Jernegan Pond Road 0.5 5/6/2024 $575,000 1,726 1.5 $333.14 Cape Cod 2006 5 3 2 0 2979 Gas 0.51 Asph/F Gls/Cmp $39,700 $317,600 $0 $357,300
D) 11 Anthiers Way 0.8 7/15/2024 $1,300,000 2,096 1 $620.23 Ranch 1968 7 4 2 0 3970 Oil 1.1 Asph/F Gls/Cmp $855,300 $354,600 $46,800 $1,256,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Fishermans Knot Road 12/12/1997 $176,500 0 Colonial 2,087 0.96 4 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.3 Colonial 1,722 0.63 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.4 Cape Cod 1,637 1.4 1 2-1
C 39 Jernegan Pond Road 5/6/2024 $575,000 0.5 Cape Cod 1,726 0.51 3 2-0
D 11 Anthiers Way 7/15/2024 $1,300,000 0.8 Ranch 2,096 1.1 4 2-0
Averages 99 days $1,225,000 0.51 --- 1,795 0.91 --- ---  

Estimation of Market Value - $1,383,270

As of today, 09/20/2024, the estimated market value of 40 Fishermans Knot Road, Edgartown considering the above 4 comparable properties is $1,383,270.

 

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
@ 40 Fishermans Knot Road 12/12/1997 $176,500 0 Colonial 2,087 0.96 4 2-0 -
  Criteria
A 119 Whalers Walk 12/19/2000 $331,500 0.0 Ranch 1,572 0.99 4 3-0
B 115 Whalers Walk 2/7/1986 $30,000 0.0 Standard Plus 1,500 0.98 4 2-0
C 38 Fishermans Knot Road 2/1/1991 $140,000 0.0 Standard Plus 948 0.92 3 2-0
D 105 Whalers Walk 10/6/2022 $1,220,000 0.1 Colonial 1,968 0.96 3 1-1
E 36 Fishermans Knot Road 3/28/2014 $425,000 0.1 Raised Ranch 2,884 0.92 5 3-0
F 114 Whalers Walk 11/30/2015 $774,500 0.1 Colonial 2,289 0.6 3 3-1
G 126 Whalers Walk 4/7/1986 $1 0.1 Vacant Land 1 -
H 120 Whalers Walk 3/24/2023 $1,325,000 0.1 Standard Plus 1,714 0.92 4 2-0
I 53 Fishermans Knot Road 12/18/1978 $1 0.1 Vacant Land 1 -
J 49 Fishermans Knot Road 5/8/1967 $0 0.1 Vacant Land 2.7 -
K 5 Donaldbin Close 9/22/2015 $510,000 0.1 Standard Plus 1,776 0.61 3 2-0
L 95 Whalers Walk 12/23/2020 $1,500,000 0.1 Custom 1,319 0.97 2 2-0
M 34 Fishermans Knot Road 3/10/1975 $0 0.1 Vacant Land 1.03 -
N 29 Halls Gate Way 12/31/2012 $1 0.1 Vacant Land 1.8 -
O 6 Donaldbin Close 4/30/1992 $37,000 0.1 Cape Cod 1,510 0.65 3 2-1
P 100 Whalers Walk 7/19/2021 $1,030,000 0.1 Modern/Contemporary 1,742 0.9 3 2-0
Q 0 Whalers Walk 12/1/1980 $1 0.1 Vacant Land 1.5 -
R 9 Donaldbin Close 6/2/2009 $1 0.1 Cape Cod 2,309 0.69 4 2-1
S 30 Fishermans Knot Road 9/28/2020 $0 0.1 Standard Basic 2,137 0.95 3 2-1
T 149 Pennywise Path 12/18/2015 $1 0.1 Vacant Land 1.5 -
Averages 8067 days $366,150 0.09 --- 1,183 1.08 --- ---  
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
21 108 40 Fishermans Knot Road