191 Katama Road, Edgartown, MA 02539

191 Katama Road Edgartown MA 02539
Owner Information
Owner 1
James F Reynolds
Owner 2
Owner's Address
C/O Ellie Wise & Stephen H Wise, 20 Rocky Point Rd Old Greenwhich, CT 06870
Market Sale Information
Most recent sale date
4/13/2021
Previous sale date
4/22/2003
Transfer document #
1573-346
Previous transfer document
0941-0500
Grantor
Archer Harman
Previous grantor
Mari Alice Harman
Most recent sale price
$4,800,000.00
Previous sale price
$1.00
Site Information
Property ID
29-125-22
Lot Size
1.7
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Standard Plus
Number of Rooms
Stories
1.5
Number of Beds
4
Year Built
1976
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1632
Number of Kitchen
Gross Living Area
4821
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Cedar or Redwd
Assessment Information
Fiscal Year
2024
Land Value
$4,299,700.00
Total value
$5,317,300.00
Building value
$1,000,700.00
Estimated tax
$13,559.00
Yard improvement value
$16,900.00
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 191 Katama Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,941.18 Style Standard Plus Age 1976 Rooms Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 4821 Heating Fuel Oil Detached Garage Lot Size 1.7 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,000,700.00 AEM Value - Land $4,299,700.00 AEM Value - Other $16,900.00 AEM Value - Total $5,317,300.00
A) 119 South Water Street 0.3 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
B) 99 South Summer Street 0.4 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
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) 11 Deacon Vincent Way 0.5 8/12/2024 $1,675,000 1,250 2 $1340.00 Colonial 1986 4 1 1 2937 Electric 0.5 Asph/F Gls/Cmp $394,200 $888,500 $700 $1,283,400
E) 15 Deacon Vincent Way 0.6 9/11/2024 $1,785,000 1,456 2 $1225.96 Colonial 1983 3 1 1 2844 Electric 0.55 Asph/F Gls/Cmp $429,000 $893,300 $2,000 $1,324,300
F) 34 Knoll Drive 0.7 8/13/2024 $1,625,000 1,279 1 $1270.52 Cape Cod 1971 3 1 0 3512 Electric 0.36 Asph/F Gls/Cmp $495,000 $812,100 $2,200 $1,309,300
G) 18 Pent Lane 0.7 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
H) 53 Peases Point Way North 0.8 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
I) 37 West Tisbury Road 0.8 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
J) 2 Marchants Path 0.8 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
@ 191 Katama Road 4/13/2021 $4,800,000 0 Standard Plus 1,632 1.7 4 3-0 -
  Criteria
A 119 South Water Street 10/2/2024 $3,860,000 0.3 Custom 1,949 0.36 4 2-1
B 99 South Summer Street 9/24/2024 $3,875,000 0.4 Cape Cod 1,800 0.31 3 2-0
C 10 High Street 5/10/2024 $3,000,000 0.4 Custom 1,748 0.15 3 1-1
D 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.5 Colonial 1,250 0.5 4 1-1
E 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.6 Colonial 1,456 0.55 3 1-1
F 34 Knoll Drive 8/13/2024 $1,625,000 0.7 Cape Cod 1,279 0.36 3 1-0
G 18 Pent Lane 10/2/2024 $3,750,000 0.7 Historical Custom 1,672 0.12 4 3-0
H 53 Peases Point Way North 9/3/2024 $2,500,000 0.8 Custom 1,512 0.11 4 2-0
I 37 West Tisbury Road 9/27/2024 $2,395,000 0.8 Cape Cod 1,803 0.14 3 3-0
J 2 Marchants Path 9/17/2024 $1,550,000 0.8 Cape Cod 1,809 0.5 3 2-0
Averages 37 days $2,601,500 0.60 --- 1,628 0.31 --- ---  

Estimation of Market Value - $5,014,583

As of today, 10/06/2024, the estimated market value of 191 Katama Road, Edgartown considering the above 10 comparable properties is $5,014,583.

 

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
@ 191 Katama Road 4/13/2021 $4,800,000 0 Standard Plus 1,632 1.7 4 3-0 -
  Criteria
A 0 Tower Hill Road 6/1/1978 $0 0.1 Vacant Land 0.87 -
B 177 Katama Road 1/6/2006 $18,500,000 0.1 Estate 3,728 9.5 5 4-0
Averages 11889 days $9,250,000 0.12 --- 1,864 5.19 --- ---  
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
29 125 22 191 Katama Road