15 Cummings Way, Edgartown, MA 02539

15 Cummings Way Edgartown MA 02539
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Owner Information
Owner 1
Carleton P Erdman
Owner 2
Debra B Erdman
Owner's Address
1233 Lafayette Rd Gladwyne, PA 19035
Market Sale Information
Most recent sale date
9/27/2018
Previous sale date
12/20/2013
Transfer document #
1477-0590
Previous transfer document
1338-0286
Grantor
Paul F Muller
Previous grantor
Paul F Muller
Most recent sale price
$2,300,000.00
Previous sale price
$1.00
Site Information
Property ID
29-B-45
Lot Size
0.28
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Standard Basic
Number of Rooms
Stories
1.5
Number of Beds
5
Year Built
1920
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2015
Number of Kitchen
Gross Living Area
3889
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
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$2,162,700.00
Total value
$2,449,400.00
Building value
$286,700.00
Estimated tax
$6,172.00
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 15 Cummings Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,141.44 Style Standard Basic Age 1920 Rooms Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area 3889 Heating Fuel Gas Detached Garage Lot Size 0.28 Roof Cover Asph/F Gls/Cmp AEM Value - Building $286,700.00 AEM Value - Land $2,162,700.00 AEM Value - Other $0.00 AEM Value - Total $2,449,400.00
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) 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
C) 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
D) 6 Kent Harbor Road 0.9 2/15/2024 $2,800,000 1,525 1 $1836.07 Ranch 1972 3 1 0 1947 Coal or Wood 1 Asph/F Gls/Cmp $459,400 $1,500,100 $0 $1,959,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Cummings Way 9/27/2018 $2,300,000 0 Standard Basic 2,015 0.28 5 3-1 -
  Criteria
A 10 High Street 5/10/2024 $3,000,000 0.1 Custom 1,748 0.15 3 1-1
B 111 Peases Point Way North 1/10/2024 $5,150,000 0.7 Custom 2,324 0.29 4 3-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.9 Colonial 1,800 0.97 3 2-0
D 6 Kent Harbor Road 2/15/2024 $2,800,000 0.9 Ranch 1,525 1 3 1-0
Averages 135 days $3,187,500 0.67 --- 1,849 0.6 --- ---  

Estimation of Market Value - $3,355,599

As of today, 07/05/2024, the estimated market value of 15 Cummings Way, Edgartown considering the above 4 comparable properties is $3,355,599.

 

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
@ 15 Cummings Way 9/27/2018 $2,300,000 0 Standard Basic 2,015 0.28 5 3-1 -
  Criteria
A 11 Cummings Way 3/9/2017 $1 0.0 Colonial 0.26 5 5-0
B 9 Cummings Way 11/16/2020 $2,775,000 0.0 Custom 2,320 0.1 3 3-1
C 17 Cummings Way 10/23/2014 $1 0.0 Cape Cod 1,733 0.42 4 3-0
D 17 Atwood Circle 6/17/2019 $10 0.0 Cape Cod 2,292 0.19 4 3-1
E 16 Cummings Way 1/11/2001 $1 0.0 Custom 1,355 0.15 3 2-1
F 7 Cummings Way 12/2/1993 $210,000 0.0 Standard Plus 1,784 0.38 3 3-0
G 15 Atwood Circle 9/3/2014 $1 0.0 Cape Cod 2,122 0.22 3 3-1
H 12 Cummings Way 6/16/2008 $1 0.0 Cape Cod 1,480 0.37 3 2-1
I 19 Atwood Circle 12/24/2013 $1 0.0 Ranch 2,643 0.25 3 2-1
J 5 Cummings Way 9/28/2020 $1 0.0 Custom 0.1 5 5-0
K 20 Cummings Way 11/29/1995 $76,665 0.0 Custom 2,636 0.71 4 3-1
L 21 Atwood Circle 2/26/1974 $0 0.0 Ranch 1,869 0.18 3 2-1
M 6 Cummings Way 12/5/2012 $1 0.0 Standard Basic 1,767 0.19 4 2-1
N 13 Atwood Circle 12/21/2012 $2,800,000 0.0 Custom 3,311 0.28 4 4-0
O 18 Atwood Circle 1/21/2020 $955,000 0.1 Vacant Land 0.11 -
P 135 South Water Street 10/24/2016 $1 0.1 Custom 2,439 0.12 5 2-0
Q 127 South Water Street 8/16/2019 $200,000 0.1 Custom 3,354 0.26 5 3-0
R 141 South Water Street 11/9/2018 $1 0.1 Custom 2,776 0.26 4 3-0
S 147 South Water Street 12/3/2021 $5,900,000 0.1 Historical Custom 3,272 0.23 3 3-2
T 12 Atwood Circle 12/28/2021 $10 0.1 Cape Cod 2,596 0.25 4 2-1
U 139 Katama Road 12/30/2020 $10 0.1 Standard Basic 1,654 0.62 3 1-1
V 23 Atwood Circle 10/8/1996 $410,000 0.1 Cape Cod 4,216 0.18 4 3-0
W 24 Atwood Circle 4/10/2009 $705,000 0.1 Cape Cod 1,848 0.12 3 3-0
X 145 Katama Road 1/14/2019 $2,200,000 0.1 Colonial 3,168 0.31 4 3-1
Y 137 Katama Road 9/25/2020 $1,700,000 0.1 Standard Plus 1,726 0.19 3 3-0
Z 119 South Water Street 8/21/2020 $2,875,000 0.1 Custom 1,949 0.36 4 2-1
- 149 Katama Road 11/29/1995 $76,665 0.1 Vacant Land 0.23 -
- 153 South Water Street 4/1/1999 $250,247 0.1 Custom 1,804 0.22 3 2-1
- 128 South Water Street 10/20/1989 $460,000 0.1 Ranch 1,917 0.22 3 2-0
- 144 South Water Street 2/18/2020 $1 0.1 Ranch 1,232 0.37 3 1-0
- 9 Atwood Circle 12/13/2012 $1 0.1 Ranch 1,628 0.51 3 2-1
- 8 Atwood Circle 2/17/2017 $1,650,000 0.1 Custom 2,791 0.17 4 3-0
- 132 South Water Street 9/25/2019 $1 0.1 Custom 3,948 0.22 5 5-1
- 25 Atwood Circle 10/17/2000 $1 0.1 Cape Cod 1,433 0.37 3 3-1
- 136 South Water Street 10/25/2018 $1 0.1 Bungalow 2,137 0.36 4 2-0
- 122 South Water Street 10/15/2014 $1,500,000 0.1 Historical Custom 0.22 4 3-4
- 115 South Water Street 12/10/2021 $3,500,000 0.1 Historical Custom 2,103 0.21 4 2-0
- 150 South Water Street 1/13/2000 $1 0.1 Ranch 1,565 0.31 3 2-0
- 115 South Summer Street 12/7/2020 $4,625,000 0.1 Historical Custom 3,399 0.23 4 2-1
- 157 Katama Road 12/20/2016 $1 0.1 Standard Basic 3,150 2.5 2 1-0
- 4 Captains Walk 10/1/1978 $0 0.1 Cape Cod 2,394 0.27 4 3-0
- 9 Captains Walk 10/20/1989 $0 0.1 Vacant Land 0.15 -
- 10 Dunham Road 3/5/2001 $1 0.1 Modern/Contemporary 1,934 0.17 4 2-0
- 12 Dunham Road 9/19/2018 $1,850,000 0.1 Modern/Contemporary 1,631 0.18 5 2-0
- 41 Dunham Road 12/28/2012 $12,500,000 0.1 Custom 4,017 1.1 4 5-0
- 119 South Summer Street 4/17/2003 $1 0.1 Cape Cod 2,408 0.24 4 2-0
- 18 Dunham Road 1/6/2015 $3,200,000 0.1 Custom 2,653 0.23 4 4-0
- 118 South Water Street 9/21/1987 $525,000 0.1 Custom 2,596 0.32 4 3-0
- 6 Dunham Road 3/4/2019 $2,235,000 0.1 Standard Plus 1,219 0.18 3 2-0
- 113 South Water Street 1/29/2015 $1,900,000 0.1 Historical Custom 3,688 0.18 5 5-1
- 20 Dunham Road 8/23/1991 $690,000 0.1 Historical Custom 4,845 0.25 4 5-0
- 7 Atwood Circle 8/21/2009 $1 0.1 Custom 2,763 0.37 4 4-1
- 103 South Summer Street 2/20/1997 $1 0.1 Custom 3,779 0.3 4 3-1
- 0 Captains Walk 8/3/2020 $100 0.1 Vacant Land 0.11 -
- 114 South Summer Street 8/19/2014 $2,320,000 0.1 Custom 2,168 0.18 4 4-1
- 134 Katama Road 9/15/2023 $1,850,000 0.1 Standard Plus 1,695 0.46 5 2-0
- 116 South Summer Street 4/20/2007 $2,660,000 0.1 Custom 3,104 0.19 4 4-1
- 144 Katama Road 8/22/2008 $1 0.1 Colonial 1,440 0.5 3 2-0
- 112 South Summer Street 7/3/2014 $1 0.1 Cape Cod 1,954 0.12 4 2-1
- 150 Katama Road 10/18/2017 $2,200,000 0.1 Standard Plus 1,455 0.29 4 2-0
- 124 South Summer Street 1/30/1997 $1 0.1 Cape Cod 2,253 0.2 4 3-0
- 148 Katama Road 10/18/2017 $2,200,000 0.1 Custom 3,654 0.44 5 2-2
- 110 South Summer Street 1/27/1999 $381,250 0.1 Standard Plus 2,720 0.12 2 3-1
- 99 South Summer Street 8/3/2020 $100 0.1 Cape Cod 1,800 0.31 3 2-0
- 28 Dunham Road 2/25/2010 $1 0.1 Ranch 1,688 0.34 3 2-0
Averages 5194 days $1,036,617 0.08 --- 2,143 0.31 --- ---  
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 45 15 Cummings Way