109 School Street, Edgartown, MA 02539

109 School Street Edgartown MA 02539
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Owner Information
Owner 1
Thomas J Rapone
Owner 2
P5 Collective Nominee Trust
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/9/2024
Previous sale date
6/6/2019
Transfer document #
1678-681
Previous transfer document
1498-183
Grantor
Michael J Malone
Previous grantor
School Street Investments LLC
Most recent sale price
$3,800,000.00
Previous sale price
$100.00
Site Information
Property ID
29-A-93-1
Lot Size
0.17
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
Stories
1.75
Number of Beds
6
Year Built
1900
Number of full baths
4
Condition
Number of half baths
0
Finished Area
3193
Number of Kitchen
Gross Living Area
4453
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
2024
Land Value
$1,061,900.00
Total value
$2,712,200.00
Building value
$1,642,100.00
Estimated tax
$6,916.00
Yard improvement value
$8,200.00
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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 109 School Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,190.10 Style Custom Age 1900 Rooms Bedrooms 6 Full baths 4 Half baths 0 Gross Living Area 4453 Heating Fuel Oil Detached Garage Lot Size 0.17 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,642,100.00 AEM Value - Land $1,061,900.00 AEM Value - Other $8,200.00 AEM Value - Total $2,712,200.00
A) 37 Cooke Street 0.3 9/18/2024 $8,500,000 3,231 1.75 $2630.76 Historical Custom 2016 8 4 5 1 5658 Oil 0.17 Wood Shingle $3,075,900 $1,667,100 $41,500 $4,784,500
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 $1,846,400 $1,958,500 $10,900 $3,815,800
C) 61 North Water Street 0.5 9/20/2024 $13,128,000 3,547 2.5 $3701.16 Historical Custom 1860 10 5 4 0 8056 Oil 0.4 Asph/F Gls/Cmp $1,495,900 $9,411,700 $58,900 $10,966,500
D) 26 Morse Street 0.6 8/1/2024 $3,800,000 2,408 2 $1578.07 Historical Custom 1840 8 4 2 1 2746 Oil 0.18 Asph/F Gls/Cmp $1,647,800 $1,676,000 $6,600 $3,330,400
E) 40 Gaines Way 0.9 9/5/2024 $9,523,000 3,038 2 $3134.63 Custom 1955 7 4 4 0 3898 Electric 0.46 Wood Shingle $1,339,300 $4,740,000 $4,100 $6,083,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 109 School Street 4/9/2024 $3,800,000 0 Custom 3,193 0.17 6 4-0 -
  Criteria
A 37 Cooke Street 9/18/2024 $8,500,000 0.3 Historical Custom 3,231 0.17 4 5-1
B 62 South Water Street 5/3/2024 $4,500,000 0.3 Historical Custom 2,807 0.13 4 4-1
C 61 North Water Street 9/20/2024 $13,128,000 0.5 Historical Custom 3,547 0.4 5 4-0
D 26 Morse Street 8/1/2024 $3,800,000 0.6 Historical Custom 2,408 0.18 4 2-1
E 40 Gaines Way 9/5/2024 $9,523,000 0.9 Custom 3,038 0.46 4 4-0
Averages 53 days $7,890,200 0.49 --- 3,006 0.27 --- ---  

Estimation of Market Value - $6,036,287

As of today, 10/01/2024, the estimated market value of 109 School Street, Edgartown considering the above 5 comparable properties is $6,036,287.

 

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
@ 109 School Street 4/9/2024 $3,800,000 0 Custom 3,193 0.17 6 4-0 -
  Criteria
A 105 School Street 10/11/2002 $1 0.0 Colonial 2,912 0.14 4 5-1
B 112 South Summer Street 7/3/2014 $1 0.0 Cape Cod 1,954 0.12 4 2-1
C 111 School Street 12/30/2019 $10 0.0 Custom 3,162 0.39 4 4-1
D 110 South Summer Street 1/27/1999 $381,250 0.0 Standard Plus 2,720 0.12 2 3-1
E 103 School Street 1/29/2016 $2,075,000 0.0 Custom 2,610 0.18 3 3-0
F 114 South Summer Street 8/19/2014 $2,320,000 0.0 Custom 2,168 0.18 4 4-1
G 114 School Street 12/11/2001 $1 0.0 Standard Basic 1,362 0.18 2 1-1
H 110 School Street 7/27/2020 $1 0.0 Standard Basic 2,294 0.24 4 3-0
I 106 South Summer Street 9/10/2003 $1 0.0 Standard Plus 2,025 0.14 4 3-1
J 116 South Summer Street 4/20/2007 $2,660,000 0.0 Custom 3,104 0.19 4 4-1
K 106 School Street 2/15/2022 $1 0.0 Custom 3,457 0.23 4 4-1
L 99 School Street 5/1/2014 $1,200,000 0.0 Colonial 4,824 0.27 4 3-0
M 95 Peases Point Way South 7/28/2000 $549,000 0.0 Cape Cod 1,512 0.11 3 1-0
N 102 South Summer Street 6/7/1974 $0 0.0 Cape Cod 2,660 0.29 6 4-0
O 124 South Summer Street 1/30/1997 $1 0.0 Cape Cod 2,253 0.2 4 3-0
P 115 South Summer Street 12/7/2020 $4,625,000 0.0 Historical Custom 3,399 0.23 4 2-1
Q 100 School Street 5/14/2004 $1,200,000 0.0 Custom 0.23 4 4-2
R 4 Captains Walk 10/1/1978 $0 0.1 Cape Cod 2,394 0.27 4 3-0
S 136 South Water Street 10/25/2018 $1 0.1 Bungalow 2,137 0.36 4 2-0
T 95 School Street 10/31/2023 $4,400,000 0.1 Standard Plus 2,161 0.13 4 3-1
U 106 Peases Point Way South 7/12/2021 $2,000,000 0.1 Colonial 2,645 0.22 3 3-1
V 102 Peases Point Way South 6/24/2021 $1 0.1 Cape Cod 1,635 0.29 3 2-0
W 132 South Water Street 9/25/2019 $1 0.1 Custom 3,948 0.22 5 5-1
X 96 Peases Point Way South 12/9/2013 $900,000 0.1 Custom 2,064 0.22 4 2-0
Y 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
Z 89 Peases Point Way South 1/4/1995 $1 0.1 Store 0.23 0-
- 83 Peases Point Way South 1/4/1995 $1 0.1 Cape Cod 2,893 0.41 3 3-1
- 96 School Street 3/26/2018 $1 0.1 Custom 0.35 3 3-1
- 96 South Summer Street 6/23/2014 $1,290,000 0.1 Custom 0.3 4 5-1
- 119 South Summer Street 4/17/2003 $1 0.1 Cape Cod 2,408 0.24 4 2-0
- 144 South Water Street 2/18/2020 $1 0.1 Ranch 1,232 0.37 3 1-0
- 93 School Street 12/14/2012 $1 0.1 Custom 3,592 0.2 4 5-0
- 99 South Summer Street 9/24/2024 $3,875,000 0.1 Cape Cod 1,800 0.31 3 2-0
- 112 Peases Point Way South 9/16/2021 $1 0.1 Standard Plus 2,299 0.56 3 2-0
- 128 South Water Street 10/20/1989 $460,000 0.1 Ranch 1,917 0.22 3 2-0
- 9 Captains Walk 10/20/1989 $0 0.1 Vacant Land 0.15 -
- 8 Mullen Way 6/3/2009 $1 0.1 Bungalow 1,056 0.17 2 1-0
- 2 Maggies Lane 9/22/2010 $900,000 0.1 Standard Plus 770 0.1 2 1-0
- 3 Mullen Way 12/27/2019 $1 0.1 Service Shop 0.25 3 1-
- 150 South Water Street 1/13/2000 $1 0.1 Ranch 1,565 0.31 3 2-0
- 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
- 116 Peases Point Way South 8/1/1972 $0 0.1 Custom 1,710 0.52 3 2-0
- 90 School Street 11/6/2020 $3,750,000 0.1 Standard Plus 4,192 0.42 3 4-1
- 0 Captains Walk 8/3/2020 $100 0.1 Vacant Land 0.11 -
- 90 Peases Point Way South 9/23/2022 $3,060,000 0.1 Historical Custom 2,674 0.87 5 3-0
- 141 South Water Street 11/9/2018 $1 0.1 Custom 2,776 0.26 4 3-0
- 135 South Water Street 10/24/2016 $1 0.1 Custom 2,439 0.12 5 2-0
- 1 North Street 12/2/2021 $5,250,000 0.1 Estate 2,842 0.36 4 3-1
- 94 Peases Point Way South 9/19/2016 $1,775,000 0.1 Colonial 0.9 5 5-2
- 12 Mullen Way 9/21/2011 $865,000 0.1 Cape Cod 1,535 0.12 4 2-0
- 122 South Water Street 10/15/2014 $1,500,000 0.1 Historical Custom 0.22 4 3-4
- 9 Mullen Way 10/14/2016 $827,750 0.1 Bungalow 965 0.1 2 2-0
- 77 Peases Point Way South 9/25/2015 $1,250,000 0.1 Cape Cod 2,028 0.27 4 3-0
- 28 High Street 8/6/2004 $1,300,000 0.1 Historical Custom 3,746 0.21 5 4-0
- 3 Maggies Lane 1/2/2019 $1 0.1 Ranch 728 0.19 2 1-0
- 86 School Street 5/31/2019 $3,000,000 0.1 Custom 2,606 0.21 4 4-1
- 6 Cummings Way 12/5/2012 $1 0.1 Standard Basic 1,767 0.19 4 2-1
- 5 Cummings Way 9/28/2020 $1 0.1 Custom 0.1 5 5-0
- 112 South Water Street 4/28/1980 $0 0.1 Vacant Land 0.74 -
- 127 South Water Street 8/16/2019 $200,000 0.1 Custom 3,354 0.26 5 3-0
- 86 South Summer Street 1/22/2007 $1,625,000 0.1 Historical Custom 3,352 0.23 4 4-3
- 118 South Water Street 9/21/1987 $525,000 0.1 Custom 2,596 0.32 4 3-0
- 89 South Summer Street 9/25/2015 $1,625,000 0.1 Custom 2,820 0.22 4 3-2
- 82 Peases Point Way South 5/8/1986 $1 0.1 Custom 2,592 0.52 4 3-0
- 11 Mullen Way 12/6/2018 $675,000 0.1 Custom 1,298 0.1 2 2-1
- 147 South Water Street 12/3/2021 $5,900,000 0.1 Historical Custom 3,272 0.23 3 3-2
- 14 Mullen Way 10/5/1999 $1 0.1 Standard Basic 1,085 0.17 3 2-0
- 42 High Street 8/31/2011 $1 0.1 Cape Cod 1,771 0.13 4 3-0
- 12 North Street 4/21/2021 $6,850,000 0.1 Estate 4,172 0.52 6 5-1
- 153 South Water Street 4/1/1999 $250,247 0.1 Custom 1,804 0.22 3 2-1
- 7 Cummings Way 12/2/1993 $210,000 0.1 Standard Plus 1,784 0.38 3 3-0
- 69 Peases Point Way South 9/5/2018 $1 0.1 Cape Cod 3,395 0.31 4 4-1
- 85 South Summer Street 9/25/2014 $1 0.1 Custom 1,732 0.22 4 3-1
- 15 Mullen Way 10/29/2020 $1,100,000 0.1 Bungalow 764 0.11 2 1-0
- 9 South Street 6/20/2013 $1 0.1 Cape Cod 3,286 0.37 5 3-1
- 10 High Street 5/10/2024 $3,000,000 0.1 Custom 1,748 0.15 3 1-1
- 9 Cummings Way 11/16/2020 $2,775,000 0.1 Custom 2,320 0.1 3 3-1
- 12 Cummings Way 6/16/2008 $1 0.1 Cape Cod 1,480 0.37 3 2-1
- 80 School Street 2/17/2012 $3,250,000 0.1 Historical Custom 4,816 0.32 5 4-0
- 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
- 79 School Street 8/30/2016 $1 0.1 Historical Custom 2,617 0.19 4 3-0
- 25 High Street 8/31/2021 $1,950,000 0.1 Colonial 2,272 0.08 4 2-1
- 50 High Street 4/29/2021 $240,000 0.1 Condominium 2,000 0 2 1-1
- 80 South Summer Street 9/16/1994 $335,000 0.1 Colonial 2,260 0.14 4 2-1
- 8 High Street 9/2/2015 $1 0.1 Custom 2,434 0.21 4 2-1
- 119 South Water Street 8/21/2020 $2,875,000 0.1 Custom 1,949 0.36 4 2-1
- 11 Cummings Way 9/16/2024 $6,665,000 0.1 Colonial 0.26 5 5-0
- 17 Mullen Way 4/30/2018 $800,000 0.1 Bungalow 720 0.16 2 1-0
Averages 4950 days $1,076,815 0.08 --- 2,041 0.26 --- ---  
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 93 1 109 School Street