88 Schoolhouse Road, Edgartown, MA 02539

88 Schoolhouse Road Edgartown MA 02539
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Owner Information
Owner 1
Christopher S Elwell & Paula L
Owner 2
Owner's Address
P O Box 3103 Edgartown, MA 02539
Market Sale Information
Most recent sale date
11/21/1997
Previous sale date
4/18/1997
Transfer document #
0714-0064
Previous transfer document
0698-0731
Grantor
Vernon L Auen
Previous grantor
Theo G Mergemekes
Most recent sale price
$70,000.00
Previous sale price
$60,000.00
Site Information
Property ID
29-43
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Modern/Contemporary
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1998
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1586
Number of Kitchen
Gross Living Area
3202
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$889,500.00
Total value
$1,382,400.00
Building value
$492,200.00
Estimated tax
$3,525.00
Yard improvement value
$700.00
Flood Map MassMapper Google Street View
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 88 Schoolhouse Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $44.14 Style Modern/Contemporary Age 1998 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3202 Heating Fuel Gas Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $492,200.00 AEM Value - Land $889,500.00 AEM Value - Other $700.00 AEM Value - Total $1,382,400.00
A) 11 Deacon Vincent Way 0.4 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
B) 10 High Street 0.6 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
C) 34 Knoll Drive 0.6 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
D) 28 Vickers Street 0.7 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
E) 36 Hannahs Way 0.8 7/23/2024 $1,395,000 1,212 1 $1150.99 Ranch 1980 5 3 1 0 1614 Electric 0.12 Asph/F Gls/Cmp $659,500 $457,500 $2,000 $1,119,000
F) 39 Jernegan Pond Road 0.9 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
G) 53 Peases Point Way North 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 88 Schoolhouse Road 11/21/1997 $70,000 0 Modern/Contemporary 1,586 0.51 3 2-0 -
  Criteria
A 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.4 Colonial 1,250 0.5 4 1-1
B 10 High Street 5/10/2024 $3,000,000 0.6 Custom 1,748 0.15 3 1-1
C 34 Knoll Drive 8/13/2024 $1,625,000 0.6 Cape Cod 1,279 0.36 3 1-0
D 28 Vickers Street 5/1/2024 $1,900,000 0.7 Standard Plus 1,862 0.51 4 2-1
E 36 Hannahs Way 7/23/2024 $1,395,000 0.8 Ranch 1,212 0.12 3 1-0
F 39 Jernegan Pond Road 5/6/2024 $575,000 0.9 Cape Cod 1,726 0.51 3 2-0
G 53 Peases Point Way North 9/3/2024 $2,500,000 1.0 Custom 1,512 0.11 4 2-0
Averages 67 days $1,810,000 0.72 --- 1,513 0.32 --- ---  

Estimation of Market Value - $1,851,884

As of today, 09/05/2024, the estimated market value of 88 Schoolhouse Road, Edgartown considering the above 7 comparable properties is $1,851,884.

 

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
@ 88 Schoolhouse Road 11/21/1997 $70,000 0 Modern/Contemporary 1,586 0.51 3 2-0 -
  Criteria
A 86 Schoolhouse Road 6/27/2019 $100 0.0 Modern/Contemporary 1,810 0.55 4 2-0
B 90 Schoolhouse Road 10/11/2007 $542,500 0.0 Modern/Contemporary 1,458 0.5 3 2-0
C 85 Schoolhouse Road 2/24/2014 $1 0.0 Colonial 1,861 0.27 3 2-0
D 87 Schoolhouse Road 10/10/2018 $895,000 0.0 Cape Cod 1,119 0.23 2 2-1
E 84 Schoolhouse Road 7/10/2018 $1 0.0 Cape Cod 1,400 0.5 3 2-0
F 82 Clevelandtown Road 2/25/2000 $325,000 0.0 Cape Cod 1,848 0.75 3 1-0
G 76 Clevelandtown Road 9/27/2002 $705,000 0.0 Colonial 2,030 1.3 3 2-1
H 82 Schoolhouse Road 9/29/2004 $1 0.1 Modern/Contemporary 1,745 0.5 3 2-0
I 89 Schoolhouse Road 10/18/2019 $850,000 0.1 Colonial 1,475 0.52 4 2-0
J 81 Schoolhouse Road 3/12/2020 $1 0.1 Cape Cod 1,428 0.5 3 2-0
K 86 Clevelandtown Road 3/30/2018 $1 0.1 Ranch 2,256 1.22 5 2-0
L 92 Schoolhouse Road 3/24/2014 $420,000 0.1 Colonial 2,491 0.5 4 3-1
M 68 Clevelandtown Road 12/27/2005 $450,000 0.1 Custom 2,380 0.5 2 2-1
N 70 Clevelandtown Road 12/17/2010 $780,000 0.1 Standard Plus 4,037 0.61 4 1-1
O 17 Kitts Field Circle 10/6/2023 $1,625,000 0.1 Cape Cod 1,248 0.84 3 2-0
P 80 Clevelandtown Road 2/29/2000 $1 0.1 Vacant Land 0.51 -
Q 80 Schoolhouse Road 12/19/2012 $625,000 0.1 Modern/Contemporary 1,391 0.5 3 2-0
R 91 Schoolhouse Road 9/26/2019 $725,000 0.1 Vacant Land 0.62 -
S 19 Kitts Field Circle 11/19/1998 $82,500 0.1 Cape Cod 2,533 0.5 2 2-1
T 79 Schoolhouse Road 5/6/1994 $134,000 0.1 Colonial 1,358 0.5 3 1-1
U 66 Clevelandtown Road 1/11/2022 $1 0.1 Cape Cod 1,344 0.5 3 1-1
V 93 Schoolhouse Road 8/6/1999 $1 0.1 Modern/Contemporary 1,580 0.51 3 2-0
W 94 Schoolhouse Road 6/1/2004 $800,000 0.1 Cape Cod 2,150 0.5 3 2-0
X 15 Kitts Field Circle 4/20/1993 $1 0.1 Vacant Land 0.72 -
Y 21 Kitts Field Circle 10/3/2012 $775,000 0.1 Ranch 1,612 0.5 3 2-0
Z 94 Clevelandtown Road 12/20/2016 $1 0.1 Modern/Contemporary 2,472 0.58 2 2-0
- 78 Schoolhouse Road 2/20/2004 $1 0.1 Cape Cod 1,666 0.5 4 2-0
- 77 Schoolhouse Road 4/22/1998 $1 0.1 Cape Cod 1,358 0.5 3 2-0
- 54 Clevelandtown Road 12/10/2021 $3,200,000 0.1 Standard Plus 2,697 0.51 3 4-
- 16 Kitts Field Circle 11/24/2009 $505,000 0.1 Colonial 1,021 0.58 2 1-0
- 13 Kitts Field Circle 11/30/1990 $45,000 0.1 Cape Cod 2,915 0.5 4 3-1
- 100 Clevelandtown Road 4/15/1994 $155,000 0.1 Modern/Contemporary 1,508 0.5 3 2-0
- 60 Clevelandtown Road 11/19/2020 $1,800,000 0.1 Standard Plus 4,182 0.69 4 3-2
- 22 Kitts Field Circle 10/28/2019 $1,325,000 0.1 Ranch 1,552 0.5 3 2-0
- 16 Mill Hill Road 9/12/2018 $772,000 0.1 Custom 3,290 0.71 4 3-1
- 14 Mill Hill Road 5/30/2024 $4,600,000 0.1 Vacant Land 0.71 -
- 75 Schoolhouse Road 12/27/2005 $695,000 0.1 Colonial 1,338 0.5 3 2-0
- 18 Mill Hill Road 8/16/2017 $1 0.1 Modern/Contemporary 1,418 0.71 3 2-0
- 76 Schoolhouse Road 6/14/2019 $634,000 0.1 Vacant Land 0.5 -
Averages 5072 days $601,670 0.08 --- 1,692 0.58 --- ---  
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 43 88 Schoolhouse Road