60 Schoolhouse Road, Edgartown, MA 02539

60 Schoolhouse Road Edgartown MA 02539
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Owner Information
Owner 1
Charles E Smith
Owner 2
Brenda W Smith
Owner's Address
Box 551 Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/10/2002
Previous sale date
12/10/2002
Transfer document #
0914-0014
Previous transfer document
0914-0012
Grantor
Timothy McGrail
Previous grantor
William A McGrail
Most recent sale price
$210,000.00
Previous sale price
$1.00
Site Information
Property ID
29-22
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
2
Year Built
2003
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2246
Number of Kitchen
Gross Living Area
4575
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
Hot Air-no Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$888,500.00
Total value
$2,203,100.00
Building value
$1,310,100.00
Estimated tax
$5,617.00
Yard improvement value
$4,500.00
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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 60 Schoolhouse Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $93.50 Style Cape Cod Age 2003 Rooms Bedrooms 2 Full baths 2 Half baths 1 Gross Living Area 4575 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,310,100.00 AEM Value - Land $888,500.00 AEM Value - Other $4,500.00 AEM Value - Total $2,203,100.00
A) 41 Road to the Plains 0.2 1/24/2024 $1,800,000 1,800 2 $1000.00 Colonial 1981 3 2 0 3160 Oil 0.97 Wood Shingle $523,800 $600,000 $2,300 $1,126,100
B) 10 Gerts Way 0.4 6/14/2024 $2,315,000 2,404 2 $962.98 Colonial 1987 4 2 1 4583 Gas 0.5 Asph/F Gls/Cmp $925,700 $729,900 $7,400 $1,663,000
C) 28 Vickers Street 0.5 5/1/2024 $1,900,000 1,862 2 $1020.41 Standard Plus 1989 4 2 1 4016 Oil 0.51 Asph/F Gls/Cmp $856,000 $571,800 $0 $1,427,800
D) 10 High Street 0.8 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
E) 62 South Water Street 0.9 5/3/2024 $4,500,000 2,807 2 $1603.14 Historical Custom 1825 9 4 4 1 3710 Gas 0.13 Wood Shingle $1,846,400 $1,958,500 $10,900 $3,815,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 60 Schoolhouse Road 12/10/2002 $210,000 0 Cape Cod 2,246 0.5 2 2-1 -
  Criteria
A 41 Road to the Plains 1/24/2024 $1,800,000 0.2 Colonial 1,800 0.97 3 2-0
B 10 Gerts Way 6/14/2024 $2,315,000 0.4 Colonial 2,404 0.5 4 2-1
C 28 Vickers Street 5/1/2024 $1,900,000 0.5 Standard Plus 1,862 0.51 4 2-1
D 10 High Street 5/10/2024 $3,000,000 0.8 Custom 1,748 0.15 3 1-1
E 62 South Water Street 5/3/2024 $4,500,000 0.9 Historical Custom 2,807 0.13 4 4-1
Averages 77 days $2,703,000 0.58 --- 2,124 0.45 --- ---  

Estimation of Market Value - $2,842,042

As of today, 07/08/2024, the estimated market value of 60 Schoolhouse Road, Edgartown considering the above 5 comparable properties is $2,842,042.

 

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
@ 60 Schoolhouse Road 12/10/2002 $210,000 0 Cape Cod 2,246 0.5 2 2-1 -
  Criteria
A 62 Schoolhouse Road 1/11/2021 $1,580,000 0.0 Modern/Contemporary 1,904 0.5 4 2-1
B 35 Kitts Field Circle 11/9/2018 $1 0.0 Colonial 1,728 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 37 Kitts Field Circle 8/30/2016 $1 0.0 Colonial 3,218 0.5 3 3-1
E 59 Schoolhouse Road 8/21/2020 $1,220,000 0.0 Cape Cod 1,911 0.5 3 2-1
F 61 Schoolhouse Road 10/27/2010 $1 0.0 Colonial 2,242 0.5 4 2-0
G 33 Kitts Field Circle 6/6/2014 $1 0.0 Cape Cod 1,870 0.77 3 1-0
H 66 Schoolhouse Road 1/25/1995 $1 0.0 Colonial 1,824 0.5 4 3-0
I 55 Schoolhouse Road 9/21/1998 $70,000 0.0 Modern/Contemporary 1,810 0.5 3 2-0
J 63 Schoolhouse Road 10/14/2011 $275,000 0.1 Colonial 1,387 0.5 3 2-0
K 39 Kitts Field Circle 6/9/2022 $100 0.1 Cape Cod 1,944 0.5 3 2-0
L 56 Schoolhouse Road 10/10/2006 $625,000 0.1 Colonial 1,375 0.5 3 2-0
M 32 Kitts Field Circle 9/2/2003 $850,000 0.1 Colonial 2,584 0.57 3 2-1
N 68 Schoolhouse Road 3/7/2023 $1,140,000 0.1 Vacant Land 0.5 -
O 42 Deacon Vincent Way 9/29/2014 $1 0.1 Cape Cod 2,655 0.5 3 2-1
P 28 Pulpit Lane 5/4/2010 $925,000 0.1 Colonial 2,638 0.5 3 2-0
Q 36 Kitts Field Circle 8/22/2019 $1 0.1 Standard Plus 2,217 0.75 3 3-1
R 28 Kitts Field Circle 10/2/1996 $75,000 0.1 Colonial 1,904 0.5 3 2-0
S 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
T 26 Pulpit Lane 5/24/2017 $1,565,000 0.1 Custom 2,701 0.5 3 3-1
U 54 Schoolhouse Road 7/15/2019 $1,000,000 0.1 Cape Cod 1,638 0.5 3 2-0
V 41 Kitts Field Circle 8/28/2020 $10 0.1 Ranch 1,348 0.5 3 1-1
W 23 Kitts Field Circle 11/14/2016 $2,000,000 0.1 Custom 3,258 0.5 4 3-1
X 32 Pulpit Lane 9/19/2018 $620,000 0.1 Cape Cod 3,209 0.5 3 3-1
Y 43 Kitts Field Circle 8/15/2003 $1 0.1 Ranch 1,824 0.5 4 2-1
Z 52 Schoolhouse Road 12/24/2020 $690,000 0.1 Vacant Land 0.5 -
- 67 Schoolhouse Road 3/21/2019 $100 0.1 Colonial 1,785 0.5 4 2-1
- 24 Pulpit Lane 10/31/2023 $1,998,500 0.1 Cape Cod 2,097 0.5 3 2-0
- 72 Schoolhouse Road 11/22/2004 $1 0.1 Cape Cod 2,337 0.5 3 2-0
- 45 Kitts Field Circle 11/1/2013 $1 0.1 Cape Cod 2,518 0.5 3 2-0
- 52 Kitts Field Circle 12/18/2013 $1 0.1 Cape Cod 2,350 0.54 4 3-0
- 41 Deacon Vincent Way 5/13/1991 $167,500 0.1 Cape Cod 1,722 0.5 3 2-0
- 69 Schoolhouse Road 12/21/1999 $125,000 0.1 Modern/Contemporary 1,606 0.5 3 2-0
- 47 Kitts Field Circle 8/28/1995 $1 0.1 Ranch 1,690 0.5 4 2-0
- 47 Schoolhouse Road 8/23/2018 $1,337,500 0.1 Cape Cod 2,345 0.5 3 3-1
- 24 Kitts Field Circle 1/18/1984 $36,500 0.1 Colonial 1,536 0.5 5 3-0
- 50 Schoolhouse Road 6/16/2000 $321,000 0.1 Modern/Contemporary 1,328 0.5 3 2-1
- 25 Pulpit Lane 1/11/2023 $1,950,000 0.1 Colonial 1,522 0.5 3 2-0
- 39 Deacon Vincent Way 4/28/2006 $1 0.1 Colonial 2,182 0.5 4 3-0
- 28 Road to the Plains 6/1/1978 $0 0.1 Colonial 1,547 0.5 3 2-0
- 8 Kitts Field Circle 6/9/2020 $10 0.1 Cape Cod 1,600 0.55 3 2-0
- 30 Road to the Plains 2/26/1980 $16,900 0.1 Vacant Land 0.5 -
- 76 Schoolhouse Road 6/14/2019 $634,000 0.1 Vacant Land 0.5 -
- 49 Kitts Field Circle 1/26/1995 $320,000 0.1 Custom 0.5 4 3-1
- 42 Kitts Field Circle 2/2/2018 $1 0.1 Cape Cod 3,069 0.54 4 2-0
- 31 Pulpit Lane 11/16/2023 $2,000,000 0.1 Modern/Contemporary 1,704 0.5 3 2-0
- 20 Road to the Plains 2/3/2020 $1 0.1 Cape Cod 2,866 0.54 5 3-1
- 37 Deacon Vincent Way 10/20/1997 $200,500 0.1 Modern/Contemporary 1,643 0.5 4 2-0
- 18 Road to the Plains 5/4/2018 $1 0.1 Custom 0.5 5 4-2
Averages 5428 days $456,686 0.08 --- 1,820 0.52 --- ---  
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 22 60 Schoolhouse Road