56 Schoolhouse Road, Edgartown, MA 02539

56 Schoolhouse Road Edgartown MA 02539
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Owner Information
Owner 1
Peter Avellino & Melinda
Owner 2
Owner's Address
38 Pine Dr Pound Ridge, NY 10576
Market Sale Information
Most recent sale date
10/10/2006
Previous sale date
6/4/1986
Transfer document #
1097-0702
Previous transfer document
00449-0451
Grantor
Martin J Hagerty
Previous grantor
Charles A Bushnell
Most recent sale price
$625,000.00
Previous sale price
$146,500.00
Site Information
Property ID
29-18
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1981
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1375
Number of Kitchen
Gross Living Area
2672
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
Pre-Fab Wood
Assessment Information
Fiscal Year
2024
Land Value
$888,500.00
Total value
$1,259,000.00
Building value
$369,800.00
Estimated tax
$3,210.00
Yard improvement value
$700.00
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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 56 Schoolhouse Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $454.55 Style Colonial Age 1981 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2672 Heating Fuel Electric Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $369,800.00 AEM Value - Land $888,500.00 AEM Value - Other $700.00 AEM Value - Total $1,259,000.00
A) 15 Deacon Vincent Way 0.3 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
B) 11 Deacon Vincent Way 0.3 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
C) 34 Knoll Drive 0.5 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Schoolhouse Road 10/10/2006 $625,000 0 Colonial 1,375 0.5 3 2-0 -
  Criteria
A 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.3 Colonial 1,456 0.55 3 1-1
B 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.3 Colonial 1,250 0.5 4 1-1
C 34 Knoll Drive 8/13/2024 $1,625,000 0.5 Cape Cod 1,279 0.36 3 1-0
Averages 43 days $1,695,000 0.39 --- 1,328 0.47 --- ---  

Estimation of Market Value - $1,694,483

As of today, 10/04/2024, the estimated market value of 56 Schoolhouse Road, Edgartown considering the above 3 comparable properties is $1,694,483.

 

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
@ 56 Schoolhouse Road 10/10/2006 $625,000 0 Colonial 1,375 0.5 3 2-0 -
  Criteria
A 54 Schoolhouse Road 7/15/2019 $1,000,000 0.0 Cape Cod 1,638 0.5 3 2-0
B 39 Kitts Field Circle 6/9/2022 $100 0.0 Cape Cod 1,944 0.5 3 2-0
C 58 Schoolhouse Road 2/4/2004 $635,000 0.0 Cape Cod 2,269 0.5 3 2-0
D 41 Kitts Field Circle 8/28/2020 $10 0.0 Ranch 1,348 0.5 3 1-1
E 52 Schoolhouse Road 12/24/2020 $690,000 0.0 Vacant Land 0.5 -
F 55 Schoolhouse Road 9/21/1998 $70,000 0.0 Modern/Contemporary 1,810 0.5 3 2-0
G 37 Kitts Field Circle 8/30/2016 $1 0.0 Colonial 3,218 0.5 3 3-1
H 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
I 43 Kitts Field Circle 8/15/2003 $1 0.1 Ranch 1,824 0.5 4 2-1
J 28 Road to the Plains 6/1/1978 $0 0.1 Colonial 1,547 0.5 3 2-0
K 30 Road to the Plains 2/26/1980 $16,900 0.1 Vacant Land 0.5 -
L 59 Schoolhouse Road 8/21/2020 $1,220,000 0.1 Cape Cod 1,911 0.5 3 2-1
M 60 Schoolhouse Road 12/10/2002 $210,000 0.1 Cape Cod 2,246 0.5 2 2-1
N 50 Schoolhouse Road 6/16/2000 $321,000 0.1 Modern/Contemporary 1,328 0.5 3 2-1
O 35 Kitts Field Circle 11/9/2018 $1 0.1 Colonial 1,728 0.5 3 2-0
P 42 Kitts Field Circle 2/2/2018 $1 0.1 Cape Cod 3,069 0.54 4 2-0
Q 32 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
R 45 Kitts Field Circle 11/1/2013 $1 0.1 Cape Cod 2,518 0.5 3 2-0
S 47 Schoolhouse Road 8/23/2018 $1,337,500 0.1 Cape Cod 2,345 0.5 3 3-1
T 61 Schoolhouse Road 10/27/2010 $1 0.1 Colonial 2,242 0.5 4 2-0
U 26 Pulpit Lane 5/24/2017 $1,565,000 0.1 Custom 2,701 0.5 3 3-1
V 62 Schoolhouse Road 1/11/2021 $1,580,000 0.1 Modern/Contemporary 1,904 0.5 4 2-1
W 24 Pulpit Lane 10/31/2023 $1,998,500 0.1 Cape Cod 2,097 0.5 3 2-0
X 20 Road to the Plains 2/3/2020 $1 0.1 Cape Cod 2,866 0.54 5 3-1
Y 36 Kitts Field Circle 8/22/2019 $1 0.1 Standard Plus 2,217 0.75 3 3-1
Z 34 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
- 33 Kitts Field Circle 6/6/2014 $1 0.1 Cape Cod 1,870 0.77 3 1-0
- 30 Plain Field Way 7/22/2019 $0 0.1 Vacant Land 0.5 -
- 28 Pulpit Lane 5/4/2010 $925,000 0.1 Colonial 2,638 0.5 3 2-0
- 32 Kitts Field Circle 9/2/2003 $850,000 0.1 Colonial 2,584 0.57 3 2-1
- 46 Schoolhouse Road 9/9/2009 $1 0.1 Cape Cod 1,480 0.51 4 2-0
- 47 Kitts Field Circle 8/28/1995 $1 0.1 Ranch 1,690 0.5 4 2-0
- 18 Road to the Plains 5/4/2018 $1 0.1 Custom 0.5 5 4-2
- 31 Road to the Plains 4/3/2017 $776,000 0.1 Standard Plus 2,596 0.51 3 2-0
- 45 Schoolhouse Road 5/9/2008 $1 0.1 Cape Cod 1,729 0.5 3 2-1
- 66 Schoolhouse Road 1/25/1995 $1 0.1 Colonial 1,824 0.5 4 3-0
- 63 Schoolhouse Road 10/14/2011 $275,000 0.1 Colonial 1,387 0.5 3 2-0
- 3 Schoolhouse Lane 7/13/2011 $640,000 0.1 Custom 2,382 0.55 3 2-1
- 27 Plain Field Way 7/16/2015 $0 0.1 Colonial 1,607 0.22 3 2-1
- 19 Road to the Plains 10/25/2018 $1 0.1 Cape Cod 2,442 0.37 2 2-1
- 32 Plain Field Way 12/15/1982 $25,000 0.1 Cape Cod 2,232 0.51 3 2-0
- 33 Road to the Plains 3/25/2022 $100 0.1 Standard Plus 2,054 0.57 3 2-1
- 22 Pulpit Lane 2/14/2013 $1 0.1 Cape Cod 2,358 0.5 3 2-0
- 14 Road to the Plains 7/22/2019 $100 0.1 Cape Cod 3,338 0.51 5 5-1
- 42 Deacon Vincent Way 9/29/2014 $1 0.1 Cape Cod 2,655 0.5 3 2-1
- 17 Road to the Plains 10/14/2015 $1 0.1 Colonial 2,708 0.57 2 3-1
- 28 Kitts Field Circle 10/2/1996 $75,000 0.1 Colonial 1,904 0.5 3 2-0
- 25 Pulpit Lane 1/11/2023 $1,950,000 0.1 Colonial 1,522 0.5 3 2-0
- 29 Road to the Plains 1/26/1999 $240,000 0.1 Colonial 1,568 0.52 3 2-0
- 29 Plain Field Way 12/3/2012 $510,000 0.1 Colonial 2,728 0.58 3 2-1
- 52 Kitts Field Circle 12/18/2013 $1 0.1 Cape Cod 2,350 0.54 4 3-0
- 49 Kitts Field Circle 1/26/1995 $320,000 0.1 Custom 0.5 4 3-1
- 32 Pulpit Lane 9/19/2018 $620,000 0.1 Cape Cod 3,209 0.5 3 3-1
Averages 5570 days $336,797 0.09 --- 1,885 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 18 56 Schoolhouse Road