116 South Summer Street, Edgartown, MA 02539

116 South Summer Street Edgartown MA 02539
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Owner Information
Owner 1
Barbara S Everdell
Owner 2
William R Everdell
Owner's Address
9 Garden Place Brooklyn, NY 11201
Market Sale Information
Most recent sale date
4/20/2007
Previous sale date
5/2/2005
Transfer document #
1118-0321
Previous transfer document
1039-0423
Grantor
Harold J Garvey
Previous grantor
Barbara G Dorrance
Most recent sale price
$2,660,000.00
Previous sale price
$1,350,000.00
Site Information
Property ID
29-A-12-3
Lot Size
0.19
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1986
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3104
Number of Kitchen
Gross Living Area
5053
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$1,737,500.00
Total value
$3,461,000.00
Building value
$1,723,500.00
Estimated tax
$8,721.00
Yard improvement value
$0.00
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 116 South Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $856.96 Style Custom Age 1986 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 5053 Heating Fuel Oil Detached Garage Lot Size 0.19 Roof Cover Wood Shingle AEM Value - Building $1,723,500.00 AEM Value - Land $1,737,500.00 AEM Value - Other $0.00 AEM Value - Total $3,461,000.00
A) 109 School Street 0.0 4/9/2024 $3,800,000 3,193 1.75 $1190.10 Custom 1900 6 4 0 4453 Oil 0.17 Asph/F Gls/Cmp $1,594,800 $1,024,500 $0 $2,619,300
B) 62 South Water Street 0.3 5/3/2024 $4,500,000 2,807 2 $1603.14 Historical Custom 1825 9 4 4 1 3710 Gas 0.13 Wood Shingle $1,920,100 $1,989,500 $0 $3,909,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 116 South Summer Street 4/20/2007 $2,660,000 0 Custom 3,104 0.19 4 4-1 -
  Criteria
A 109 School Street 4/9/2024 $3,800,000 0.0 Custom 3,193 0.17 6 4-0
B 62 South Water Street 5/3/2024 $4,500,000 0.3 Historical Custom 2,807 0.13 4 4-1
Averages 76 days $4,150,000 0.16 --- 3,000 0.15 --- ---  

Estimation of Market Value - $4,346,867

As of today, 07/05/2024, the estimated market value of 116 South Summer Street, Edgartown considering the above 2 comparable properties is $4,346,867.

 

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
@ 116 South Summer Street 4/20/2007 $2,660,000 0 Custom 3,104 0.19 4 4-1 -
  Criteria
A 124 South Summer Street 1/30/1997 $1 0.0 Cape Cod 2,253 0.2 4 3-0
B 114 South Summer Street 8/19/2014 $2,320,000 0.0 Custom 2,168 0.18 4 4-1
C 111 School Street 12/30/2019 $10 0.0 Custom 3,162 0.39 4 4-1
D 115 South Summer Street 12/7/2020 $4,625,000 0.0 Historical Custom 3,399 0.23 4 2-1
E 112 South Summer Street 7/3/2014 $1 0.0 Cape Cod 1,954 0.12 4 2-1
F 119 South Summer Street 4/17/2003 $1 0.0 Cape Cod 2,408 0.24 4 2-0
G 109 School Street 4/9/2024 $3,800,000 0.0 Custom 3,193 0.17 6 4-0
H 144 South Water Street 2/18/2020 $1 0.0 Ranch 1,232 0.37 3 1-0
I 114 School Street 12/11/2001 $1 0.0 Standard Basic 1,362 0.18 2 1-1
J 136 South Water Street 10/25/2018 $1 0.0 Bungalow 2,137 0.36 4 2-0
K 110 South Summer Street 1/27/1999 $381,250 0.0 Standard Plus 2,720 0.12 2 3-1
L 105 School Street 10/11/2002 $1 0.0 Colonial 2,912 0.14 4 5-1
M 106 Peases Point Way South 7/12/2021 $2,000,000 0.0 Colonial 2,645 0.22 3 3-1
N 150 South Water Street 1/13/2000 $1 0.0 Ranch 1,565 0.31 3 2-0
O 132 South Water Street 9/25/2019 $1 0.1 Custom 3,948 0.22 5 5-1
P 112 Peases Point Way South 9/16/2021 $1 0.1 Standard Plus 2,299 0.56 3 2-0
Q 106 South Summer Street 9/10/2003 $1 0.1 Standard Plus 2,025 0.14 4 3-1
R 4 Captains Walk 10/1/1978 $0 0.1 Cape Cod 2,394 0.27 4 3-0
S 103 School Street 1/29/2016 $2,075,000 0.1 Custom 2,610 0.18 3 3-0
T 110 School Street 7/27/2020 $1 0.1 Standard Basic 2,294 0.24 4 3-0
U 102 Peases Point Way South 6/24/2021 $1 0.1 Cape Cod 1,635 0.29 3 2-0
V 116 Peases Point Way South 8/1/1972 $0 0.1 Custom 1,710 0.52 3 2-0
W 141 South Water Street 11/9/2018 $1 0.1 Custom 2,776 0.26 4 3-0
X 95 Peases Point Way South 7/28/2000 $549,000 0.1 Cape Cod 1,512 0.11 3 1-0
Y 96 Peases Point Way South 12/9/2013 $900,000 0.1 Custom 2,064 0.22 4 2-0
Z 135 South Water Street 10/24/2016 $1 0.1 Custom 2,439 0.12 5 2-0
- 106 School Street 2/15/2022 $1 0.1 Custom 3,457 0.23 4 4-1
- 102 South Summer Street 6/7/1974 $0 0.1 Cape Cod 2,660 0.29 6 4-0
- 99 School Street 5/1/2014 $1,200,000 0.1 Colonial 4,824 0.27 4 3-0
- 8 Mullen Way 6/3/2009 $1 0.1 Bungalow 1,056 0.17 2 1-0
- 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
- 6 Cummings Way 12/5/2012 $1 0.1 Standard Basic 1,767 0.19 4 2-1
- 147 South Water Street 12/3/2021 $5,900,000 0.1 Historical Custom 3,272 0.23 3 3-2
- 128 South Water Street 10/20/1989 $460,000 0.1 Ranch 1,917 0.22 3 2-0
- 153 South Water Street 4/1/1999 $250,247 0.1 Custom 1,804 0.22 3 2-1
- 1 North Street 12/2/2021 $5,250,000 0.1 Estate 2,842 0.36 4 3-1
- 5 Cummings Way 9/28/2020 $1 0.1 Custom 0.1 5 5-0
- 100 School Street 5/14/2004 $1,200,000 0.1 Custom 0.23 4 4-2
- 3 Mullen Way 12/27/2019 $1 0.1 Service Shop 0.25 3 1-
- 12 Mullen Way 9/21/2011 $865,000 0.1 Cape Cod 1,535 0.12 4 2-0
- 9 Captains Walk 10/20/1989 $0 0.1 Vacant Land 0.15 -
- 12 North Street 4/21/2021 $6,850,000 0.1 Estate 4,172 0.52 6 5-1
- 95 School Street 10/31/2023 $4,400,000 0.1 Standard Plus 2,161 0.13 4 3-1
- 89 Peases Point Way South 1/4/1995 $1 0.1 Store 0.23 0-
- 137 Katama Road 9/25/2020 $1,700,000 0.1 Standard Plus 1,726 0.19 3 3-0
- 120 Peases Point Way South 10/12/2018 $1 0.1 Cape Cod 1,796 0.67 3 2-0
- 9 South Street 6/20/2013 $1 0.1 Cape Cod 3,286 0.37 5 3-1
- 99 South Summer Street 8/3/2020 $100 0.1 Cape Cod 1,800 0.31 3 2-0
- 127 South Water Street 8/16/2019 $200,000 0.1 Custom 3,354 0.26 5 3-0
- 9 Mullen Way 10/14/2016 $827,750 0.1 Bungalow 965 0.1 2 2-0
- 12 Cummings Way 6/16/2008 $1 0.1 Cape Cod 1,480 0.37 3 2-1
- 83 Peases Point Way South 1/4/1995 $1 0.1 Cape Cod 2,893 0.41 3 3-1
- 96 South Summer Street 6/23/2014 $1,290,000 0.1 Custom 0.3 4 5-1
- 7 Cummings Way 12/2/1993 $210,000 0.1 Standard Plus 1,784 0.38 3 3-0
- 122 South Water Street 10/15/2014 $1,500,000 0.1 Historical Custom 0.22 4 3-4
- 14 Mullen Way 10/5/1999 $1 0.1 Standard Basic 1,085 0.17 3 2-0
- 9 Cummings Way 11/16/2020 $2,775,000 0.1 Custom 2,320 0.1 3 3-1
- 0 Captains Walk 8/3/2020 $100 0.1 Vacant Land 0.11 -
- 96 School Street 3/26/2018 $1 0.1 Custom 0.35 3 3-1
- 94 Peases Point Way South 9/19/2016 $1,775,000 0.1 Colonial 0.9 5 5-2
- 11 Mullen Way 12/6/2018 $675,000 0.1 Custom 1,298 0.1 2 2-1
- 93 School Street 12/14/2012 $1 0.1 Custom 3,592 0.2 4 5-0
- 90 Peases Point Way South 9/23/2022 $3,060,000 0.1 Historical Custom 2,674 0.87 5 3-0
- 139 Katama Road 12/30/2020 $10 0.1 Standard Basic 1,654 0.62 3 1-1
- 134 Katama Road 9/15/2023 $1,850,000 0.1 Standard Plus 1,695 0.46 5 2-0
- 11 Cummings Way 3/9/2017 $1 0.1 Colonial 0.26 5 5-0
- 118 South Water Street 9/21/1987 $525,000 0.1 Custom 2,596 0.32 4 3-0
- 16 Cummings Way 1/11/2001 $1 0.1 Custom 1,355 0.15 3 2-1
- 15 Mullen Way 10/29/2020 $1,100,000 0.1 Bungalow 764 0.11 2 1-0
- 92 South Summer Street 11/13/2012 $1 0.1 Historical Custom 1,727 0.36 3 3-0
- 79 Peases Point Way South 2/17/2023 $2,950,000 0.1 Colonial 2,048 0.14 3 2-0
- 2 Maggies Lane 9/22/2010 $900,000 0.1 Standard Plus 770 0.1 2 1-0
- 15 South Street 10/21/2021 $6,250,000 0.1 Custom 0.55 4 3-1
- 112 South Water Street 4/28/1980 $0 0.1 Vacant Land 0.74 -
- 90 School Street 11/6/2020 $3,750,000 0.1 Standard Plus 4,192 0.42 3 4-1
- 15 Cummings Way 9/27/2018 $2,300,000 0.1 Standard Basic 2,015 0.28 5 3-1
- 20 Mullen Way 9/22/2015 $840,000 0.1 Cape Cod 2,216 0.24 3 2-1
- 20 Cummings Way 11/29/1995 $76,665 0.1 Custom 2,636 0.71 4 3-1
- 119 South Water Street 8/21/2020 $2,875,000 0.1 Custom 1,949 0.36 4 2-1
- 2 Middle Street 3/9/2012 $535,000 0.1 Colonial 3,128 0.27 4 4-0
- 89 South Summer Street 9/25/2015 $1,625,000 0.1 Custom 2,820 0.22 4 3-2
- 17 Mullen Way 4/30/2018 $800,000 0.1 Bungalow 720 0.16 2 1-0
- 82 Peases Point Way South 5/8/1986 $1 0.1 Custom 2,592 0.52 4 3-0
- 77 Peases Point Way South 9/25/2015 $1,250,000 0.1 Cape Cod 2,028 0.27 4 3-0
- 145 Katama Road 1/14/2019 $2,200,000 0.1 Colonial 3,168 0.31 4 3-1
- 28 High Street 8/6/2004 $1,300,000 0.1 Historical Custom 3,746 0.21 5 4-0
- 19 North Street 6/27/2014 $660,000 0.1 Ranch 1,416 0.41 3 2-0
- 13 Atwood Circle 12/21/2012 $2,800,000 0.1 Custom 3,311 0.28 4 4-0
- 86 South Summer Street 1/22/2007 $1,625,000 0.1 Historical Custom 3,352 0.23 4 4-3
Averages 4931 days $1,047,755 0.08 --- 2,000 0.29 --- ---  
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 A 12 3 116 South Summer Street