51 Old Purchase Road, Edgartown, MA 02539

51 Old Purchase Road Edgartown MA 02539
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Owner Information
Owner 1
Bravington LLC
Owner 2
Owner's Address
8 Walden Court Medfield, MA 02052
Market Sale Information
Most recent sale date
10/2/2020
Previous sale date
9/19/2016
Transfer document #
1545-724
Previous transfer document
1415-0456
Grantor
Kenneth Topping
Previous grantor
Robert M Pierce
Most recent sale price
$1,050,000.00
Previous sale price
$615,000.00
Site Information
Property ID
21-134-4
Lot Size
0.52
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
Number of Rooms
7
Stories
1.75
Number of Beds
4
Year Built
1985
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1346
Number of Kitchen
Gross Living Area
2975
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$336,400.00
Total value
$1,092,000.00
Building value
$740,500.00
Estimated tax
$2,784.00
Yard improvement value
$15,100.00
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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 51 Old Purchase Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $780.09 Style Colonial Age 1985 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 2975 Heating Fuel Electric Detached Garage Lot Size 0.52 Roof Cover Asph/F Gls/Cmp AEM Value - Building $740,500.00 AEM Value - Land $336,400.00 AEM Value - Other $15,100.00 AEM Value - Total $1,092,000.00
A) 64 Jernegan Pond Road 0.5 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
B) 4 Fowler Avenue 1.0 4/29/2024 $1,300,000 1,184 2 $1097.97 Standard Basic 2002 4 1 1 0 1980 Gas 0.23 Asph/F Gls/Cmp $156,400 $1,013,600 $3,800 $1,173,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 51 Old Purchase Road 10/2/2020 $1,050,000 0 Colonial 1,346 0.52 4 3-0 -
  Criteria
A 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.5 Cape Cod 1,637 1.4 1 2-1
B 4 Fowler Avenue 4/29/2024 $1,300,000 1.0 Standard Basic 1,184 0.23 1 1-0
Averages 126 days $1,300,000 0.76 --- 1,411 0.81 --- ---  

Estimation of Market Value - $1,200,510

As of today, 09/20/2024, the estimated market value of 51 Old Purchase Road, Edgartown considering the above 2 comparable properties is $1,200,510.

 

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
@ 51 Old Purchase Road 10/2/2020 $1,050,000 0 Colonial 1,346 0.52 4 3-0 -
  Criteria
A 55 Old Purchase Road 11/6/2015 $725,000 0.0 Colonial 2,001 0.61 5 3-1
B 47 Old Purchase Road 5/30/2017 $1 0.0 Cape Cod 1,576 0.52 4 2-0
C 59 Old Purchase Road 12/13/2019 $743,000 0.0 Colonial 1,580 0.61 4 2-0
D 56 Old Purchase Road 12/20/1991 $181,000 0.0 Colonial 1,717 0.51 4 2-0
E 48 Old Purchase Road 2/29/2008 $525,000 0.0 Colonial 1,269 0.56 3 2-0
F 41 Old Purchase Road 9/21/2016 $514,000 0.1 Colonial 1,768 0.52 3 2-0
G 27 Donaldbin Close 7/12/2005 $1 0.1 Colonial 2,828 0.82 3 3-0
H 60 Old Purchase Road 6/24/2016 $530,000 0.1 Colonial 1,468 0.5 4 2-0
I 65 Old Purchase Road 2/7/2011 $1 0.1 Colonial 1,426 0.65 3 2-0
J 40 Old Purchase Road 3/10/2000 $1 0.1 Colonial 1,828 0.52 3 2-0
K 66 Old Purchase Road 5/25/2010 $1 0.1 Colonial 1,786 0.51 3 2-0
L 35 Old Purchase Road 11/5/2001 $1 0.1 Cape Cod 3,553 0.54 6 4-1
M 71 Old Purchase Road 4/14/1994 $151,500 0.1 Cape Cod 1,564 0.57 3 2-0
N 28 Donaldbin Close 11/3/2004 $595,000 0.1 Colonial 1,502 1 3 2-
O 21 Donaldbin Close 5/4/2016 $387,000 0.1 Colonial 1,454 0.63 3 1-1
P 70 Old Purchase Road 5/20/1988 $202,500 0.1 Cape Cod 1,596 0.51 3 2-0
Q 345 West Tisbury Road 6/27/2008 $640,500 0.1 Vacant Land 4.44 -
R 357 West Tisbury Road 5/27/2022 $1 0.1 Colonial 3,204 1.5 5 4-1
S 32 Old Purchase Road 9/13/2007 $1 0.1 Cape Cod 1,743 0.51 3 2-1
T 24 Donaldbin Close 8/7/2020 $1 0.1 Cape Cod 1,708 0.79 3 2-0
U 75 Old Purchase Road 10/3/1985 $34,000 0.1 Colonial 1,536 0.56 4 2-1
V 30 Donaldbin Close 12/1/1980 $1 0.1 Vacant Land 6.2 -
W 74 Old Purchase Road 6/30/1986 $1 0.1 Vacant Land 0.6 -
X 21 Duncan Close 6/21/2022 $10 0.1 Cape Cod 1,484 0.77 3 2-0
Y 0 Old Purchase Road 6/30/1986 $1 0.1 Vacant Land 0.38 -
Z 22 Duncan Close 10/23/2023 $285,000 0.1 Vacant Land 0.65 -
- 363 West Tisbury Road 4/6/1981 $14,000 0.1 Colonial 1,116 1.01 2 1-1
Averages 7056 days $204,723 0.08 --- 1,471 1 --- ---  
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
21 134 4 51 Old Purchase Road