59 Old Purchase Road, Edgartown, MA 02539

59 Old Purchase Road Edgartown MA 02539
Owner Information
Owner 1
Hollis McLaughlin
Owner 2
Kimberlee Labonte
Owner's Address
59 Old Purchase Rd Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/13/2019
Previous sale date
11/4/2002
Transfer document #
1514-960
Previous transfer document
0907-0427
Grantor
Michael P Senatore
Previous grantor
R Douglas Hatch
Most recent sale price
$743,000.00
Previous sale price
$410,000.00
Site Information
Property ID
21-134-6
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1985
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1580
Number of Kitchen
Gross Living Area
2681
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$353,000.00
Total value
$858,600.00
Building value
$504,900.00
Estimated tax
$2,189.00
Yard improvement value
$700.00
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 59 Old Purchase Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $470.25 Style Colonial Age 1985 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 2681 Heating Fuel Electric Detached Garage Lot Size 0.61 Roof Cover Asph/F Gls/Cmp AEM Value - Building $504,900.00 AEM Value - Land $353,000.00 AEM Value - Other $700.00 AEM Value - Total $858,600.00
A) 19 Duncan Close 0.2 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 0.5 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
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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 59 Old Purchase Road 12/13/2019 $743,000 0 Colonial 1,580 0.61 4 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.2 Colonial 1,722 0.63 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.5 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
Averages 110 days $1,200,000 0.41 --- 1,695 0.85 --- ---  

Estimation of Market Value - $1,200,543

As of today, 09/20/2024, the estimated market value of 59 Old Purchase Road, Edgartown considering the above 3 comparable properties is $1,200,543.

 

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
@ 59 Old Purchase Road 12/13/2019 $743,000 0 Colonial 1,580 0.61 4 2-0 -
  Criteria
A 55 Old Purchase Road 11/6/2015 $725,000 0.0 Colonial 2,001 0.61 5 3-1
B 65 Old Purchase Road 2/7/2011 $1 0.0 Colonial 1,426 0.65 3 2-0
C 27 Donaldbin Close 7/12/2005 $1 0.0 Colonial 2,828 0.82 3 3-0
D 51 Old Purchase Road 10/2/2020 $1,050,000 0.0 Colonial 1,346 0.52 4 3-0
E 60 Old Purchase Road 6/24/2016 $530,000 0.0 Colonial 1,468 0.5 4 2-0
F 71 Old Purchase Road 4/14/1994 $151,500 0.0 Cape Cod 1,564 0.57 3 2-0
G 66 Old Purchase Road 5/25/2010 $1 0.1 Colonial 1,786 0.51 3 2-0
H 56 Old Purchase Road 12/20/1991 $181,000 0.1 Colonial 1,717 0.51 4 2-0
I 21 Donaldbin Close 5/4/2016 $387,000 0.1 Colonial 1,454 0.63 3 1-1
J 70 Old Purchase Road 5/20/1988 $202,500 0.1 Cape Cod 1,596 0.51 3 2-0
K 47 Old Purchase Road 5/30/2017 $1 0.1 Cape Cod 1,576 0.52 4 2-0
L 75 Old Purchase Road 10/3/1985 $34,000 0.1 Colonial 1,536 0.56 4 2-1
M 48 Old Purchase Road 2/29/2008 $525,000 0.1 Colonial 1,269 0.56 3 2-0
N 74 Old Purchase Road 6/30/1986 $1 0.1 Vacant Land 0.6 -
O 28 Donaldbin Close 11/3/2004 $595,000 0.1 Colonial 1,502 1 3 2-
P 24 Donaldbin Close 8/7/2020 $1 0.1 Cape Cod 1,708 0.79 3 2-0
Q 79 Old Purchase Road 8/4/2015 $675,000 0.1 Cape Cod 1,951 0.57 3 2-0
R 15 Donaldbin Close 7/8/2002 $1 0.1 Cape Cod 1,644 0.63 3 2-0
S 41 Old Purchase Road 9/21/2016 $514,000 0.1 Colonial 1,768 0.52 3 2-0
T 78 Old Purchase Road 6/30/2015 $525,000 0.1 Colonial 1,583 0.51 4 2-2
U 14 Donaldbin Close 4/28/2008 $1 0.1 Modern/Contemporary 1,600 0.84 3 3-0
V 40 Old Purchase Road 3/10/2000 $1 0.1 Colonial 1,828 0.52 3 2-0
W 345 West Tisbury Road 6/27/2008 $640,500 0.1 Vacant Land 4.44 -
X 4 Old Purchase Way 4/17/2020 $1 0.1 Cape Cod 1,491 0.54 4 2-0
Y 87 Old Purchase Road 8/1/2002 $389,000 0.1 Standard Plus 1,608 0.51 3 2-0
Z 6 Donaldbin Close 4/30/1992 $37,000 0.1 Cape Cod 1,510 0.65 3 2-1
- 35 Old Purchase Road 11/5/2001 $1 0.1 Cape Cod 3,553 0.54 6 4-1
- 8 Old Purchase Way 2/27/2023 $1,100,000 0.1 Colonial 1,583 0.51 4 2-0
- 9 Donaldbin Close 6/2/2009 $1 0.1 Cape Cod 2,309 0.69 4 2-1
Averages 6368 days $284,880 0.08 --- 1,628 0.74 --- ---  
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 6 59 Old Purchase Road