8 Herring Creek Road, Edgartown, MA 02539

8 Herring Creek Road Edgartown MA 02539
Owner Information
Owner 1
8 Herring Creek Road LLC
Owner 2
Owner's Address
130 W 15Th St, Apt 3E New York, NY 10011
Market Sale Information
Most recent sale date
11/30/2020
Previous sale date
6/1/2001
Transfer document #
1553-714
Previous transfer document
0836-0331
Grantor
Reiner G Fenske
Previous grantor
Horace H Waters
Most recent sale price
$1,450,000.00
Previous sale price
$265,000.00
Site Information
Property ID
29-56-13
Lot Size
0.69
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1980
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1638
Number of Kitchen
Gross Living Area
4186
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
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$582,800.00
Total value
$2,139,100.00
Building value
$1,553,600.00
Estimated tax
$5,454.00
Yard improvement value
$2,700.00
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 8 Herring Creek Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $885.23 Style Cape Cod Age 1980 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4186 Heating Fuel Electric Detached Garage Lot Size 0.69 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,553,600.00 AEM Value - Land $582,800.00 AEM Value - Other $2,700.00 AEM Value - Total $2,139,100.00
A) 20 Metells Way 0.4 9/20/2024 $4,525,000 1,757 1.75 $2575.41 Cape Cod 1982 4 2 0 3589 Electric 0.63 Asph/F Gls/Cmp $1,109,200 $836,600 $76,900 $2,022,700
B) 183 Upper Main Street 0.9 9/30/2024 $5,000,000 1,779 1 $2810.57 Bungalow 1930 5 2 1 0 3255 Oil 0.28 Asph/F Gls/Cmp $743,600 $703,200 $2,000 $1,448,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Herring Creek Road 11/30/2020 $1,450,000 0 Cape Cod 1,638 0.69 3 2-0 -
  Criteria
A 20 Metells Way 9/20/2024 $4,525,000 0.4 Cape Cod 1,757 0.63 4 2-0
B 183 Upper Main Street 9/30/2024 $5,000,000 0.9 Bungalow 1,779 0.28 2 1-0
Averages 11 days $4,762,500 0.65 --- 1,768 0.45 --- ---  

Estimation of Market Value - $5,140,758

As of today, 10/06/2024, the estimated market value of 8 Herring Creek Road, Edgartown considering the above 2 comparable properties is $5,140,758.

 

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
@ 8 Herring Creek Road 11/30/2020 $1,450,000 0 Cape Cod 1,638 0.69 3 2-0 -
  Criteria
A 5 Peases Point Road 2/17/1998 $380,000 0.0 Cape Cod 2,486 0.54 4 2-1
B 0 Herring Creek Road 9/21/2022 $2,900,000 0.0 Vacant Land 0.65 -
C 7 Peases Point Road 6/15/2018 $2,675,000 0.0 Custom 0.5 5 4-0
D 190 Katama Road 9/11/2009 $900,000 0.0 Ranch 2,114 0.94 3 3-1
E 6 Peases Point Road 10/31/2001 $1,272,500 0.0 Colonial 2,832 1 4 3-0
F 200 Katama Road 3/28/2012 $1,300,000 0.1 Standard Plus 2,917 0.5 3 3-1
G 9 Peases Point Road 9/28/2020 $2,100,000 0.1 Colonial 3,171 0.75 3 4-0
H 20 Herring Creek Road 10/10/1997 $195,000 0.1 Colonial 1,920 0.5 3 2-1
I 0 Herring Creek Road 9/21/2022 $2,900,000 0.1 Vacant Land 0.65 -
J 11 Peases Point Road 8/14/2017 $2,600,000 0.1 Custom 0.75 4 5-2
K 10 Peases Point Road 1/30/2007 $1 0.1 Ranch 1,528 1.14 3 2-0
L 21 Herring Creek Road 5/20/2022 $2,175,000 0.1 Cape Cod 2,030 0.5 3 2-1
M 182 Katama Road 7/16/2024 $1,050,000 0.1 Standard Basic 882 3.59 3 1-0
N 37 Mill Hill Road 6/12/2017 $1 0.1 Standard Plus 3,013 2 5 4-1
O 202 Katama Road 2/10/2016 $1,600,000 0.1 Standard Plus 0.5 4 4-1
P 22 Herring Creek Road 3/23/2023 $3,400,000 0.1 Ranch 1,136 0.51 2 2-0
Q 204 Katama Road 9/14/2017 $882,000 0.1 Colonial 2,645 0.52 4 3-1
R 15 Peases Point Road 8/4/2004 $545,000 0.1 Colonial 2,997 1.08 3 2-1
S 31 Mill Hill Road 1/30/2018 $1 0.1 Cape Cod 3,631 1.8 4 3-0
T 178 Katama Road 11/22/1961 $0 0.1 Ranch 1,188 0.5 2 1-0
U 24 Herring Creek Road 6/5/2020 $93,700 0.1 Cape Cod 1,505 0.84 3 2-0
Averages 4603 days $1,284,200 0.08 --- 1,714 0.94 --- ---  
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 56 13 8 Herring Creek Road