7 Noras Lane, Edgartown, MA 02539

7 Noras Lane Edgartown MA 02539
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Owner Information
Owner 1
Max Gouveia
Owner 2
Debra Gouveia
Owner's Address
16 Little Meadow Way North Reading, MA 01864
Market Sale Information
Most recent sale date
9/27/2019
Previous sale date
10/17/2005
Transfer document #
1507-129
Previous transfer document
1059-0705
Grantor
Noras Meadow LLC
Previous grantor
Charlotte I Hall
Most recent sale price
$1,325,000.00
Previous sale price
$2,100,000.00
Site Information
Property ID
29-A-63-7
Lot Size
1.38
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Custom
Number of Rooms
Stories
Number of Beds
4
Year Built
2020
Number of full baths
3
Condition
Number of half baths
1
Finished Area
4726
Number of Kitchen
Gross Living Area
9030
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
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,336,900.00
Total value
$5,158,400.00
Building value
$3,604,400.00
Estimated tax
$13,153.00
Yard improvement value
$217,100.00
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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 7 Noras Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $280.36 Style Custom Age 2020 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 9030 Heating Fuel Gas Detached Garage Lot Size 1.38 Roof Cover Wood Shingle AEM Value - Building $3,604,400.00 AEM Value - Land $1,336,900.00 AEM Value - Other $217,100.00 AEM Value - Total $5,158,400.00
A) 52 South Summer Street 0.6 8/30/2024 $9,000,000 5,827 2.5 $1544.53 Historical Custom 1860 12 6 6 2 9589 Gas 0.3 Wood Shingle $5,137,700 $1,843,100 $65,000 $7,045,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Noras Lane 9/27/2019 $1,325,000 0 Custom 4,726 1.38 4 3-1 -
  Criteria
A 52 South Summer Street 8/30/2024 $9,000,000 0.6 Historical Custom 5,827 0.3 6 6-2
Averages 20 days $9,000,000 0.61 --- 5,827 0.3 --- ---  

Estimation of Market Value - $6,944,292

As of today, 09/18/2024, the estimated market value of 7 Noras Lane, Edgartown considering the above 1 comparable properties is $6,944,292.

 

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
@ 7 Noras Lane 9/27/2019 $1,325,000 0 Custom 4,726 1.38 4 3-1 -
  Criteria
A 60 North Street 11/14/2013 $1 0.1 Cape Cod 3,210 1 4 3-1
B 22 Norton Road 2/18/2020 $100 0.1 Cape Cod 1,528 0.76 3 2-0
C 48 North Street 4/23/2021 $1 0.1 Ranch 2,532 1 3 2-1
D 11 Dike Bridge Road 12/31/2012 $5,575,000 0.1 Vacant Land 5.92 -
E 59 North Street 12/23/2008 $2,000,000 0.1 Outbuildings 4.1 -
F 46 North Street 12/12/2017 $1 0.1 Cape Cod 3,717 0.5 4 3-1
G 18 Norton Road 10/27/2022 $1 0.1 Cape Cod 3,050 0.75 4 2-1
H 80 Clevelandtown Road 2/29/2000 $1 0.1 Vacant Land 0.51 -
Averages 3630 days $946,888 0.10 --- 1,755 1.82 --- ---  
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 63 7 7 Noras Lane