124 South Summer Street, Edgartown, MA 02539

124 South Summer Street Edgartown MA 02539
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Owner Information
Owner 1
Vivian Zeytoonjian
Owner 2
Owner's Address
P O Box 5144 Edgartown, MA 02539
Market Sale Information
Most recent sale date
1/30/1997
Previous sale date
3/23/1994
Transfer document #
0693-0417
Previous transfer document
0629-0672
Grantor
Peter C Zeytoonjian
Previous grantor
Vivian Zeytoonjian
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
29-A-12-4
Lot Size
0.2
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1986
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2253
Number of Kitchen
Gross Living Area
4351
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$1,063,900.00
Total value
$2,285,600.00
Building value
$1,221,700.00
Estimated tax
$5,759.00
Yard improvement value
$0.00
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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 124 South Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1986 Rooms Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 4351 Heating Fuel Oil Detached Garage Lot Size 0.2 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,221,700.00 AEM Value - Land $1,063,900.00 AEM Value - Other $0.00 AEM Value - Total $2,285,600.00
A) 10 High Street 0.1 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $867,000 $1,627,100 $0 $2,494,100
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
C) 111 Peases Point Way North 0.7 1/10/2024 $5,150,000 2,324 2 $2216.01 Custom 1910 9 4 3 1 2833 Gas 0.29 Wood Shingle $1,697,900 $2,336,700 $0 $4,034,600
D) 41 Road to the Plains 0.9 1/24/2024 $1,800,000 1,800 2 $1000.00 Colonial 1981 3 2 0 3160 Oil 0.97 Wood Shingle $535,900 $620,700 $0 $1,156,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 124 South Summer Street 1/30/1997 $1 0 Cape Cod 2,253 0.2 4 3-0 -
  Criteria
A 10 High Street 5/10/2024 $3,000,000 0.1 Custom 1,748 0.15 3 1-1
B 62 South Water Street 5/3/2024 $4,500,000 0.3 Historical Custom 2,807 0.13 4 4-1
C 111 Peases Point Way North 1/10/2024 $5,150,000 0.7 Custom 2,324 0.29 4 3-1
D 41 Road to the Plains 1/24/2024 $1,800,000 0.9 Colonial 1,800 0.97 3 2-0
Averages 115 days $3,612,500 0.51 --- 2,170 0.39 --- ---  

Estimation of Market Value - $3,299,753

As of today, 07/05/2024, the estimated market value of 124 South Summer Street, Edgartown considering the above 4 comparable properties is $3,299,753.

 

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
@ 124 South Summer Street 1/30/1997 $1 0 Cape Cod 2,253 0.2 4 3-0 -
  Criteria
A 116 South Summer Street 4/20/2007 $2,660,000 0.0 Custom 3,104 0.19 4 4-1
B 119 South Summer Street 4/17/2003 $1 0.0 Cape Cod 2,408 0.24 4 2-0
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 114 South Summer Street 8/19/2014 $2,320,000 0.0 Custom 2,168 0.18 4 4-1
F 106 Peases Point Way South 7/12/2021 $2,000,000 0.0 Colonial 2,645 0.22 3 3-1
G 112 Peases Point Way South 9/16/2021 $1 0.0 Standard Plus 2,299 0.56 3 2-0
H 150 South Water Street 1/13/2000 $1 0.0 Ranch 1,565 0.31 3 2-0
I 116 Peases Point Way South 8/1/1972 $0 0.0 Custom 1,710 0.52 3 2-0
J 144 South Water Street 2/18/2020 $1 0.0 Ranch 1,232 0.37 3 1-0
K 114 School Street 12/11/2001 $1 0.0 Standard Basic 1,362 0.18 2 1-1
L 112 South Summer Street 7/3/2014 $1 0.0 Cape Cod 1,954 0.12 4 2-1
M 109 School Street 4/9/2024 $3,800,000 0.0 Custom 3,193 0.17 6 4-0
N 102 Peases Point Way South 6/24/2021 $1 0.1 Cape Cod 1,635 0.29 3 2-0
O 136 South Water Street 10/25/2018 $1 0.1 Bungalow 2,137 0.36 4 2-0
P 110 South Summer Street 1/27/1999 $381,250 0.1 Standard Plus 2,720 0.12 2 3-1
Q 105 School Street 10/11/2002 $1 0.1 Colonial 2,912 0.14 4 5-1
R 141 South Water Street 11/9/2018 $1 0.1 Custom 2,776 0.26 4 3-0
S 110 School Street 7/27/2020 $1 0.1 Standard Basic 2,294 0.24 4 3-0
T 132 South Water Street 9/25/2019 $1 0.1 Custom 3,948 0.22 5 5-1
U 8 Mullen Way 6/3/2009 $1 0.1 Bungalow 1,056 0.17 2 1-0
V 1 North Street 12/2/2021 $5,250,000 0.1 Estate 2,842 0.36 4 3-1
W 95 Peases Point Way South 7/28/2000 $549,000 0.1 Cape Cod 1,512 0.11 3 1-0
X 96 Peases Point Way South 12/9/2013 $900,000 0.1 Custom 2,064 0.22 4 2-0
Y 103 School Street 1/29/2016 $2,075,000 0.1 Custom 2,610 0.18 3 3-0
Z 4 Captains Walk 10/1/1978 $0 0.1 Cape Cod 2,394 0.27 4 3-0
- 153 South Water Street 4/1/1999 $250,247 0.1 Custom 1,804 0.22 3 2-1
- 106 South Summer Street 9/10/2003 $1 0.1 Standard Plus 2,025 0.14 4 3-1
- 147 South Water Street 12/3/2021 $5,900,000 0.1 Historical Custom 3,272 0.23 3 3-2
- 12 North Street 4/21/2021 $6,850,000 0.1 Estate 4,172 0.52 6 5-1
- 6 Cummings Way 12/5/2012 $1 0.1 Standard Basic 1,767 0.19 4 2-1
- 9 South Street 6/20/2013 $1 0.1 Cape Cod 3,286 0.37 5 3-1
- 120 Peases Point Way South 10/12/2018 $1 0.1 Cape Cod 1,796 0.67 3 2-0
- 12 Mullen Way 9/21/2011 $865,000 0.1 Cape Cod 1,535 0.12 4 2-0
- 135 South Water Street 10/24/2016 $1 0.1 Custom 2,439 0.12 5 2-0
- 3 Mullen Way 12/27/2019 $1 0.1 Service Shop 0.25 3 1-
- 106 School Street 2/15/2022 $1 0.1 Custom 3,457 0.23 4 4-1
- 137 Katama Road 9/25/2020 $1,700,000 0.1 Standard Plus 1,726 0.19 3 3-0
- 9 Mullen Way 10/14/2016 $827,750 0.1 Bungalow 965 0.1 2 2-0
- 99 School Street 5/1/2014 $1,200,000 0.1 Colonial 4,824 0.27 4 3-0
- 102 South Summer Street 6/7/1974 $0 0.1 Cape Cod 2,660 0.29 6 4-0
- 5 Cummings Way 9/28/2020 $1 0.1 Custom 0.1 5 5-0
- 14 Mullen Way 10/5/1999 $1 0.1 Standard Basic 1,085 0.17 3 2-0
- 128 South Water Street 10/20/1989 $460,000 0.1 Ranch 1,917 0.22 3 2-0
- 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
- 12 Cummings Way 6/16/2008 $1 0.1 Cape Cod 1,480 0.37 3 2-1
- 11 Mullen Way 12/6/2018 $675,000 0.1 Custom 1,298 0.1 2 2-1
- 100 School Street 5/14/2004 $1,200,000 0.1 Custom 0.23 4 4-2
- 89 Peases Point Way South 1/4/1995 $1 0.1 Store 0.23 0-
- 134 Katama Road 9/15/2023 $1,850,000 0.1 Standard Plus 1,695 0.46 5 2-0
- 94 Peases Point Way South 9/19/2016 $1,775,000 0.1 Colonial 0.9 5 5-2
- 139 Katama Road 12/30/2020 $10 0.1 Standard Basic 1,654 0.62 3 1-1
- 9 Captains Walk 10/20/1989 $0 0.1 Vacant Land 0.15 -
- 127 South Water Street 8/16/2019 $200,000 0.1 Custom 3,354 0.26 5 3-0
- 95 School Street 10/31/2023 $4,400,000 0.1 Standard Plus 2,161 0.13 4 3-1
- 83 Peases Point Way South 1/4/1995 $1 0.1 Cape Cod 2,893 0.41 3 3-1
- 15 South Street 10/21/2021 $6,250,000 0.1 Custom 0.55 4 3-1
- 15 Mullen Way 10/29/2020 $1,100,000 0.1 Bungalow 764 0.11 2 1-0
- 7 Cummings Way 12/2/1993 $210,000 0.1 Standard Plus 1,784 0.38 3 3-0
- 90 Peases Point Way South 9/23/2022 $3,060,000 0.1 Historical Custom 2,674 0.87 5 3-0
- 9 Cummings Way 11/16/2020 $2,775,000 0.1 Custom 2,320 0.1 3 3-1
- 99 South Summer Street 8/3/2020 $100 0.1 Cape Cod 1,800 0.31 3 2-0
- 20 Mullen Way 9/22/2015 $840,000 0.1 Cape Cod 2,216 0.24 3 2-1
- 96 South Summer Street 6/23/2014 $1,290,000 0.1 Custom 0.3 4 5-1
- 2 Middle Street 3/9/2012 $535,000 0.1 Colonial 3,128 0.27 4 4-0
- 122 South Water Street 10/15/2014 $1,500,000 0.1 Historical Custom 0.22 4 3-4
- 16 Cummings Way 1/11/2001 $1 0.1 Custom 1,355 0.15 3 2-1
- 96 School Street 3/26/2018 $1 0.1 Custom 0.35 3 3-1
- 11 Cummings Way 3/9/2017 $1 0.1 Colonial 0.26 5 5-0
- 0 Captains Walk 8/3/2020 $100 0.1 Vacant Land 0.11 -
- 19 North Street 6/27/2014 $660,000 0.1 Ranch 1,416 0.41 3 2-0
- 17 Mullen Way 4/30/2018 $800,000 0.1 Bungalow 720 0.16 2 1-0
- 93 School Street 12/14/2012 $1 0.1 Custom 3,592 0.2 4 5-0
- 15 Clevelandtown Road 4/30/2015 $2,050,000 0.1 Custom 3,051 0.51 3 2-0
- 79 Peases Point Way South 2/17/2023 $2,950,000 0.1 Colonial 2,048 0.14 3 2-0
- 20 Cummings Way 11/29/1995 $76,665 0.1 Custom 2,636 0.71 4 3-1
- 145 Katama Road 1/14/2019 $2,200,000 0.1 Colonial 3,168 0.31 4 3-1
- 2 Maggies Lane 9/22/2010 $900,000 0.1 Standard Plus 770 0.1 2 1-0
- 15 Cummings Way 9/27/2018 $2,300,000 0.1 Standard Basic 2,015 0.28 5 3-1
- 118 South Water Street 9/21/1987 $525,000 0.1 Custom 2,596 0.32 4 3-0
- 24 Mullen Way 12/7/1995 $48,000 0.1 Cape Cod 896 0.14 2 1-1
- 92 South Summer Street 11/13/2012 $1 0.1 Historical Custom 1,727 0.36 3 3-0
- 82 Peases Point Way South 5/8/1986 $1 0.1 Custom 2,592 0.52 4 3-0
- 5 Mullen Way 10/16/2009 $2,400,000 0.1 Custom 0.68 3 3-1
Averages 4895 days $1,014,085 0.08 --- 1,922 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 4 124 South Summer Street