86 South Summer Street, Edgartown, MA 02539

86 South Summer Street Edgartown MA 02539
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Owner Information
Owner 1
Michael L Hirschfeld
Owner 2
Owner's Address
1435 Lexington Ave, Apt 3B New York, NY 10128
Market Sale Information
Most recent sale date
1/22/2007
Previous sale date
7/15/1998
Transfer document #
1108-0255
Previous transfer document
098P-0071
Grantor
Marguerite G Smith
Previous grantor
Marguerite G Smith
Most recent sale price
$1,625,000.00
Previous sale price
$1.00
Site Information
Property ID
29-B-1-1
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
10
Stories
1.75
Number of Beds
4
Year Built
2007
Number of full baths
4
Condition
Number of half baths
3
Finished Area
3352
Number of Kitchen
Gross Living Area
6081
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
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$1,797,300.00
Total value
$5,238,200.00
Building value
$3,352,500.00
Estimated tax
$13,357.00
Yard improvement value
$88,400.00
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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 86 South Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $484.79 Style Historical Custom Age 2007 Rooms 10 Bedrooms 4 Full baths 4 Half baths 3 Gross Living Area 6081 Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Wood Shingle AEM Value - Building $3,352,500.00 AEM Value - Land $1,797,300.00 AEM Value - Other $88,400.00 AEM Value - Total $5,238,200.00
A) 109 School Street 0.1 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 $1,642,100 $1,061,900 $8,200 $2,712,200
B) 37 Cooke Street 0.2 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
C) 62 South Water Street 0.2 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
D) 61 North Water Street 0.4 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
E) 40 Gaines Way 0.8 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
@ 86 South Summer Street 1/22/2007 $1,625,000 0 Historical Custom 3,352 0.23 4 4-3 -
  Criteria
A 109 School Street 4/9/2024 $3,800,000 0.1 Custom 3,193 0.17 6 4-0
B 37 Cooke Street 9/18/2024 $8,500,000 0.2 Historical Custom 3,231 0.17 4 5-1
C 62 South Water Street 5/3/2024 $4,500,000 0.2 Historical Custom 2,807 0.13 4 4-1
D 61 North Water Street 9/20/2024 $13,128,000 0.4 Historical Custom 3,547 0.4 5 4-0
E 40 Gaines Way 9/5/2024 $9,523,000 0.8 Custom 3,038 0.46 4 4-0
Averages 76 days $7,890,200 0.32 --- 3,163 0.27 --- ---  

Estimation of Market Value - $7,823,635

As of today, 10/01/2024, the estimated market value of 86 South Summer Street, Edgartown considering the above 5 comparable properties is $7,823,635.

 

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
@ 86 South Summer Street 1/22/2007 $1,625,000 0 Historical Custom 3,352 0.23 4 4-3 -
  Criteria
A 92 South Summer Street 11/13/2012 $1 0.0 Historical Custom 1,727 0.36 3 3-0
B 80 South Summer Street 9/16/1994 $335,000 0.0 Colonial 2,260 0.14 4 2-1
C 28 High Street 8/6/2004 $1,300,000 0.0 Historical Custom 3,746 0.21 5 4-0
D 25 High Street 8/31/2021 $1,950,000 0.0 Colonial 2,272 0.08 4 2-1
E 85 South Summer Street 9/25/2014 $1 0.0 Custom 1,732 0.22 4 3-1
F 89 South Summer Street 9/25/2015 $1,625,000 0.0 Custom 2,820 0.22 4 3-2
G 79 South Summer Street 10/12/1994 $1 0.0 Cape Cod 1,706 0.13 3 2-0
H 79 School Street 8/30/2016 $1 0.0 Historical Custom 2,617 0.19 4 3-0
I 96 South Summer Street 6/23/2014 $1,290,000 0.0 Custom 0.3 4 5-1
J 78 South Summer Street 9/14/2007 $2,075,000 0.0 Historical Custom 2,454 0.18 4 3-1
K 93 School Street 12/14/2012 $1 0.0 Custom 3,592 0.2 4 5-0
L 75 School Street 1/6/2016 $1,500,000 0.0 Standard Plus 1,583 0.16 2 2-0
M 10 High Street 5/10/2024 $3,000,000 0.0 Custom 1,748 0.15 3 1-1
N 9 High Street 2/11/2011 $1,350,000 0.0 Custom 2,049 0.14 4 3-1
O 74 South Summer Street 9/27/2011 $2,200,000 0.0 Historical Custom 2,546 0.16 4 2-0
P 95 School Street 10/31/2023 $4,400,000 0.0 Standard Plus 2,161 0.13 4 3-1
Q 80 School Street 2/17/2012 $3,250,000 0.1 Historical Custom 4,816 0.32 5 4-0
R 99 South Summer Street 9/24/2024 $3,875,000 0.1 Cape Cod 1,800 0.31 3 2-0
S 71 School Street 8/10/2020 $10 0.1 Custom 2,607 0.16 5 4-0
T 86 School Street 5/31/2019 $3,000,000 0.1 Custom 2,606 0.21 4 4-1
U 75 South Summer Street 8/9/2006 $1 0.1 Historical Custom 2,357 0.3 5 4-0
V 112 South Water Street 4/28/1980 $0 0.1 Vacant Land 0.74 -
W 8 High Street 9/2/2015 $1 0.1 Custom 2,434 0.21 4 2-1
X 102 South Summer Street 6/7/1974 $0 0.1 Cape Cod 2,660 0.29 6 4-0
Y 7 High Street 10/15/2018 $1 0.1 Cape Cod 3,870 0.28 4 3-0
Z 70 South Summer Street 3/9/1994 $280,000 0.1 Ranch 1,824 0.21 3 2-0
- 99 School Street 5/1/2014 $1,200,000 0.1 Colonial 4,824 0.27 4 3-0
- 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 -
- 69 School Street 2/25/2021 $1 0.1 Historical Custom 1,729 0.16 5 3-0
- 74 School Street 10/13/2016 $1 0.1 Historical Custom 2,473 0.23 5 3-1
- 8 Norton Street 3/28/2014 $1 0.1 Cape Cod 1,841 0.17 4 4-0
- 96 School Street 3/26/2018 $1 0.1 Custom 0.35 3 3-1
- 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
- 104 South Water Street 12/4/1986 $246,738 0.1 Custom 2,759 0.32 4 4-0
- 96 South Water Street 7/16/2013 $1 0.1 Historical Custom 0.28 5 3-1
- 106 South Summer Street 9/10/2003 $1 0.1 Standard Plus 2,025 0.14 4 3-1
- 42 High Street 8/31/2011 $1 0.1 Cape Cod 1,771 0.13 4 3-0
- 65 School Street 6/28/2013 $4,300,000 0.1 Custom 0.15 5 5-2
- 66 South Summer Street 4/2/2009 $1 0.1 Historical Custom 2,021 0.29 5 3-1
- 103 School Street 1/29/2016 $2,075,000 0.1 Custom 2,610 0.18 3 3-0
- 118 South Water Street 9/21/1987 $525,000 0.1 Custom 2,596 0.32 4 3-0
- 100 School Street 5/14/2004 $1,200,000 0.1 Custom 0.23 4 4-2
- 9 Captains Walk 10/20/1989 $0 0.1 Vacant Land 0.15 -
- 10 Norton Street 9/28/2020 $4,250,000 0.1 Custom 3,007 0.2 4 4-1
- 65 South Summer Street 3/18/2016 $1 0.1 Historical Custom 2,437 0.26 6 3-0
- 94 South Water Street 8/21/2015 $1 0.1 Historical Custom 0.25 5 4-2
- 92 South Water Street 10/22/2018 $4,750,000 0.1 Colonial 5,573 0.49 5 6-1
- 110 South Summer Street 1/27/1999 $381,250 0.1 Standard Plus 2,720 0.12 2 3-1
- 63 School Street 8/18/2021 $1 0.1 Historical Custom 2,372 0.17 3 2-1
- 2 Maggies Lane 9/22/2010 $900,000 0.1 Standard Plus 770 0.1 2 1-0
- 122 South Water Street 10/15/2014 $1,500,000 0.1 Historical Custom 0.22 4 3-4
- 105 School Street 10/11/2002 $1 0.1 Colonial 2,912 0.14 4 5-1
- 64 South Summer Street 5/10/2018 $1 0.1 Custom 1,352 0.11 3 2-0
- 106 School Street 2/15/2022 $1 0.1 Custom 3,457 0.23 4 4-1
- 4 Captains Walk 10/1/1978 $0 0.1 Cape Cod 2,394 0.27 4 3-0
- 12 Norton Street 10/24/2022 $3,900,005 0.1 Standard Plus 2,932 0.13 4 3-2
- 88 South Water Street 8/31/2016 $1 0.1 Cape Cod 2,522 0.24 3 2-1
- 3 Maggies Lane 1/2/2019 $1 0.1 Ranch 728 0.19 2 1-0
- 49 High Street 11/14/2016 $1 0.1 Custom 2,641 0.38 4 2-0
- 112 South Summer Street 7/3/2014 $1 0.1 Cape Cod 1,954 0.12 4 2-1
- 62 South Summer Street 4/12/2007 $1,109,066 0.1 Historical Custom 2,189 0.11 3 3-0
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 109 School Street 4/9/2024 $3,800,000 0.1 Custom 3,193 0.17 6 4-0
- 7 Norton Street 3/30/2015 $1 0.1 Custom 825 0.25 1 1-0
- 128 South Water Street 10/20/1989 $460,000 0.1 Ranch 1,917 0.22 3 2-0
- 113 South Water Street 1/29/2015 $1,900,000 0.1 Historical Custom 3,688 0.18 5 5-1
- 59 School Street 11/23/2020 $6,245,000 0.1 Historical Custom 0.27 4 4-1
- 50 High Street 4/29/2021 $240,000 0.1 Condominium 2,000 0 2 1-1
- 83 Peases Point Way South 1/4/1995 $1 0.1 Cape Cod 2,893 0.41 3 3-1
- 132 South Water Street 9/25/2019 $1 0.1 Custom 3,948 0.22 5 5-1
- 110 School Street 7/27/2020 $1 0.1 Standard Basic 2,294 0.24 4 3-0
- 14 Norton Street 12/1/2015 $1 0.1 Colonial 3,096 0.16 4 4-1
- 69 Peases Point Way South 9/5/2018 $1 0.1 Cape Cod 3,395 0.31 4 4-1
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 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
- 9 Norton Street 6/3/2014 $1 0.1 Custom 2,642 0.14 5 3-1
- 101 South Water Street 4/26/2013 $2,900,000 0.1 Historical Custom 3,333 1.19 5 4-1
- 89 Peases Point Way South 1/4/1995 $1 0.1 Store 0.23 0-
- 115 South Water Street 12/10/2021 $3,500,000 0.1 Historical Custom 2,103 0.21 4 2-0
- 79 Peases Point Way South 2/17/2023 $2,950,000 0.1 Colonial 2,048 0.14 3 2-0
- 114 South Summer Street 8/19/2014 $2,320,000 0.1 Custom 2,168 0.18 4 4-1
- 136 South Water Street 10/25/2018 $1 0.1 Bungalow 2,137 0.36 4 2-0
- 64 School Street 3/30/2015 $1 0.1 Historical Custom 6,122 0.68 7 6-0
- 58 South Summer Street 5/13/2010 $1 0.1 Custom 2,333 0.32 4 4-0
- 6 Dunham Road 3/4/2019 $2,235,000 0.1 Standard Plus 1,219 0.18 3 2-0
- 57 South Summer Street 5/30/2018 $1 0.1 Custom 2,182 0.21 3 3-0
- 95 Peases Point Way South 7/28/2000 $549,000 0.1 Cape Cod 1,512 0.11 3 1-0
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 119 South Water Street 8/21/2020 $2,875,000 0.1 Custom 1,949 0.36 4 2-1
- 11 Norton Street 4/30/2002 $627,000 0.1 Ranch 600 0.16 2 1-0
- 18 Norton Street 1/23/2006 $1,770,000 0.1 Custom 2,312 0.19 3 3-0
- 58 School Street 8/4/2011 $1 0.1 Custom 1,268 0.18 3 1-0
- 59 Peases Point Way South 2/26/2021 $10 0.1 Cape Cod 2,923 0.2 5 4-0
- 111 School Street 12/30/2019 $10 0.1 Custom 3,162 0.39 4 4-1
- 93 South Water Street 10/5/2022 $7,500,000 0.1 Historical Custom 0.44 5 5-1
- 114 School Street 12/11/2001 $1 0.1 Standard Basic 1,362 0.18 2 1-1
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 127 South Water Street 8/16/2019 $200,000 0.1 Custom 3,354 0.26 5 3-0
- 10 Dunham Road 3/5/2001 $1 0.1 Modern/Contemporary 1,934 0.17 4 2-0
- 89 South Water Street 6/4/1998 $1,800,000 0.1 Historical Custom 3,325 0.21 3 3-1
- 56 School Street 4/19/1996 $475,000 0.1 Custom 2,950 0.18 3 2-0
- 116 South Summer Street 4/20/2007 $2,660,000 0.1 Custom 3,104 0.19 4 4-1
Averages 4804 days $1,098,300 0.08 --- 2,232 0.24 --- ---  
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 B 1 1 86 South Summer Street