61 Schoolhouse Road, Edgartown, MA 02539

61 Schoolhouse Road Edgartown MA 02539
Owner Information
Owner 1
J Richard Alexander & Dianne L
Owner 2
Owner's Address
P O Box 11434 Ft Lauderdale, FL 33339
Market Sale Information
Most recent sale date
10/27/2010
Previous sale date
11/7/1994
Transfer document #
1225-0650
Previous transfer document
0643-0840
Grantor
J Richard Alexander
Previous grantor
Carolyn B Hart
Most recent sale price
$1.00
Previous sale price
$167,500.00
Site Information
Property ID
29-11
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2242
Number of Kitchen
Gross Living Area
3476
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$888,500.00
Total value
$1,710,000.00
Building value
$821,500.00
Estimated tax
$4,531.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
135 West Tisbury Road61 Schoolhouse Road30 Deacon Vincent Way25 Down Harbor Road106 Peases Point Way South57 South Summer Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 61 Schoolhouse Road A) 30 Deacon Vincent WayB) 106 Peases Point Way SouthC) 25 Down Harbor RoadD) 135 West Tisbury RoadE) 57 South Summer Street
Photo
Plan
Map
Proximity 0.10.70.90.90.9
Last Sold 3/14/202512/6/20241/27/202512/16/20243/6/2025
Price $2,100,000$4,325,000$5,500,000$1,200,000$3,900,000
Net Living Area 2,7842,6451,7281,7552,182
Stories 2221.751.75
Sale Price/sft $0.00$754.31$1635.16$3182.87$683.76$1787.35
Style ColonialColonialColonialStandard PlusCape CodCustom
Age 198620021948197219401880
Rooms 56
Bedrooms 423433
Full baths 233223
Half baths 001000
Gross Living Area 347651764127294632533466
Heating Fuel OilGasGasOilElectricOil
Detached Garage
Lot Size 0.50.50.221.10.330.21
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $821,500.00$1,246,500$1,663,300$836,500$672,900$1,221,200
AEM Value - Land $888,500.00$888,500$1,149,000$1,572,700$326,400$1,757,800
AEM Value - Other $0.00$0$0$0$0$0
AEM Value - Total $1,710,000.00$2,135,000$2,812,300$2,409,200$999,300$2,979,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 61 Schoolhouse Road 10/27/2010 $1 0 Colonial 2,242 0.5 4 2-0 -
  Criteria
A 30 Deacon Vincent Way 3/14/2025 $2,100,000 0.1 Colonial 2,784 0.5 2 3-0
B 106 Peases Point Way South 12/6/2024 $4,325,000 0.7 Colonial 2,645 0.22 3 3-1
C 25 Down Harbor Road 1/27/2025 $5,500,000 0.9 Standard Plus 1,728 1.1 4 2-0
D 135 West Tisbury Road 12/16/2024 $1,200,000 0.9 Cape Cod 1,755 0.33 3 2-0
E 57 South Summer Street 3/6/2025 $3,900,000 0.9 Custom 2,182 0.21 3 3-0
Averages 115 days $3,405,000 0.71 --- 2,219 0.47 --- ---  

Estimation of Market Value - $3,004,521

As of today, 05/19/2025, the estimated market value of 61 Schoolhouse Road, Edgartown considering the above 5 comparable properties is $3,004,521.

 

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
Subject Property52 Schoolhouse Road68 Schoolhouse Road35 Kitts Field Circle41 Kitts Field Circle56 Schoolhouse Road63 Schoolhouse Road37 Deacon Vincent Way66 Schoolhouse Road67 Schoolhouse Road33 Kitts Field Circle69 Schoolhouse Road54 Schoolhouse Road51 Schoolhouse Road55 Schoolhouse Road73 Schoolhouse Road61 Schoolhouse Road43 Kitts Field Circle39 Deacon Vincent Way39 Kitts Field Circle58 Schoolhouse Road62 Schoolhouse Road59 Schoolhouse Road72 Schoolhouse Road37 Kitts Field Circle28 Pulpit Lane60 Schoolhouse Road32 Pulpit Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 61 Schoolhouse Road 10/27/2010 $1 0 Colonial 2,242 0.5 4 2-0 -
  Criteria
A 59 Schoolhouse Road 8/21/2020 $1,220,000 0.0 Cape Cod 1,911 0.5 3 2-1
B 63 Schoolhouse Road 10/14/2011 $275,000 0.0 Colonial 1,387 0.5 3 2-0
C 28 Pulpit Lane 5/4/2010 $925,000 0.0 Colonial 2,638 0.5 3 2-0
D 42 Deacon Vincent Way 9/29/2014 $1 0.0 Cape Cod 2,655 0.5 3 2-1
E 62 Schoolhouse Road 1/11/2021 $1,580,000 0.0 Modern/Contemporary 1,904 0.5 4 2-1
F 60 Schoolhouse Road 12/10/2002 $210,000 0.0 Cape Cod 2,246 0.5 2 2-1
G 26 Pulpit Lane 5/24/2017 $1,565,000 0.0 Custom 2,701 0.5 3 3-1
H 55 Schoolhouse Road 9/21/1998 $70,000 0.0 Modern/Contemporary 1,810 0.5 3 2-0
I 32 Pulpit Lane 9/19/2018 $620,000 0.0 Cape Cod 3,209 0.5 3 3-1
J 66 Schoolhouse Road 1/25/1995 $1 0.1 Colonial 1,824 0.5 4 3-0
K 58 Schoolhouse Road 2/4/2004 $635,000 0.1 Cape Cod 2,269 0.5 3 2-0
L 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
M 24 Pulpit Lane 10/31/2023 $1,998,500 0.1 Cape Cod 2,097 0.5 3 2-0
N 35 Kitts Field Circle 11/9/2018 $1 0.1 Colonial 1,728 0.5 3 2-0
O 68 Schoolhouse Road 3/7/2023 $1,140,000 0.1 Vacant Land 0.5 -
P 41 Deacon Vincent Way 5/13/1991 $167,500 0.1 Cape Cod 1,722 0.5 3 2-0
Q 33 Kitts Field Circle 6/6/2014 $1 0.1 Cape Cod 1,870 0.77 3 1-0
R 25 Pulpit Lane 1/11/2023 $1,950,000 0.1 Colonial 1,522 0.5 3 2-0
S 67 Schoolhouse Road 3/21/2019 $100 0.1 Colonial 1,785 0.5 4 2-1
T 37 Kitts Field Circle 8/30/2016 $1 0.1 Colonial 3,218 0.5 3 3-1
U 39 Deacon Vincent Way 4/28/2006 $1 0.1 Colonial 2,182 0.5 4 3-0
V 56 Schoolhouse Road 10/10/2006 $625,000 0.1 Colonial 1,375 0.5 3 2-0
W 31 Pulpit Lane 11/16/2023 $2,000,000 0.1 Modern/Contemporary 1,704 0.5 3 2-0
X 37 Deacon Vincent Way 10/20/1997 $200,500 0.1 Modern/Contemporary 1,643 0.5 4 2-0
Y 47 Schoolhouse Road 8/23/2018 $1,337,500 0.1 Cape Cod 2,345 0.5 3 3-1
Z 39 Kitts Field Circle 6/9/2022 $100 0.1 Cape Cod 1,944 0.5 3 2-0
- 69 Schoolhouse Road 12/21/1999 $125,000 0.1 Modern/Contemporary 1,606 0.5 3 2-0
- 54 Schoolhouse Road 7/15/2019 $1,000,000 0.1 Cape Cod 1,638 0.5 3 2-0
- 35 Deacon Vincent Way 4/17/2003 $1 0.1 Modern/Contemporary 1,826 0.5 3 2-0
- 22 Pulpit Lane 2/14/2013 $1 0.1 Cape Cod 2,358 0.5 3 2-0
- 52 Schoolhouse Road 12/24/2020 $690,000 0.1 Vacant Land 0.5 -
- 72 Schoolhouse Road 11/22/2004 $1 0.1 Cape Cod 2,337 0.5 3 2-0
- 21 Pulpit Lane 11/18/1982 $25,000 0.1 Vacant Land 0.5 -
- 32 Kitts Field Circle 9/2/2003 $850,000 0.1 Colonial 2,584 0.57 3 2-1
- 32 Deacon Vincent Way 6/1/1998 $1 0.1 Vacant Land 0.5 -
- 23 Kitts Field Circle 11/14/2016 $2,000,000 0.1 Custom 3,258 0.5 4 3-1
- 28 Kitts Field Circle 10/2/1996 $75,000 0.1 Colonial 1,904 0.5 3 2-0
- 50 Schoolhouse Road 6/16/2000 $321,000 0.1 Modern/Contemporary 1,328 0.5 3 2-1
- 45 Schoolhouse Road 5/9/2008 $1 0.1 Cape Cod 1,729 0.5 3 2-1
- 41 Kitts Field Circle 8/28/2020 $10 0.1 Ranch 1,348 0.5 3 1-1
- 33 Deacon Vincent Way 11/18/1997 $171,500 0.1 Cape Cod 2,143 0.5 4 2-0
- 36 Kitts Field Circle 8/22/2019 $1 0.1 Standard Plus 2,217 0.75 3 3-1
- 19 Pulpit Lane 8/15/2022 $100 0.1 Modern/Contemporary 2,318 0.5 4 2-1
- 30 Deacon Vincent Way 3/14/2025 $2,100,000 0.1 Colonial 2,784 0.5 2 3-0
- 73 Schoolhouse Road 11/10/1998 $103,000 0.1 Modern/Contemporary 1,810 0.5 3 2-0
- 43 Kitts Field Circle 8/15/2003 $1 0.1 Ranch 1,824 0.5 4 2-1
Averages 5631 days $521,301 0.08 --- 1,891 0.51 --- ---  
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
29 11 61 Schoolhouse Road