15 Cummings Way, Edgartown, MA 02539

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
2025
Land Value
$2,248,400.00
Total value
$2,557,100.00
Building value
$308,700.00
Estimated tax
$6,776.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
25 Down Harbor Road15 Cummings Way2 Green Avenue57 South Summer Street$2,100,000$2,200,000$2,300,000$2,400,000$2,500,000$2,600,000$2,700,000$2,800,000$2,900,000$3,000,000$3,100,000Subject PropertyTotal Assessment ($)Total Assessment
Address 15 Cummings Way A) 57 South Summer StreetB) 2 Green AvenueC) 25 Down Harbor Road
Photo
Plan
Map
Proximity 0.30.51.0
Last Sold 3/6/20252/28/20251/27/2025
Price $3,900,000$2,470,000$5,500,000
Net Living Area 2,1822,3511,728
Stories 1.7522
Sale Price/sft $1,141.44$1787.35$1050.62$3182.87
Style Standard BasicCustomHistorical CustomStandard Plus
Age 1920188017601972
Rooms 67
Bedrooms 5344
Full baths 3322
Half baths 1010
Gross Living Area 3889346642372946
Heating Fuel GasOilOilOil
Detached Garage
Lot Size 0.280.210.141.1
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $308,700.00$1,221,200$1,560,800$836,500
AEM Value - Land $2,248,400.00$1,757,800$1,020,200$1,572,700
AEM Value - Other $0.00$0$0$0
AEM Value - Total $2,557,100.00$2,979,000$2,581,000$2,409,200
# 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 57 South Summer Street 3/6/2025 $3,900,000 0.3 Custom 2,182 0.21 3 3-0
B 2 Green Avenue 2/28/2025 $2,470,000 0.5 Historical Custom 2,351 0.14 4 2-1
C 25 Down Harbor Road 1/27/2025 $5,500,000 1.0 Standard Plus 1,728 1.1 4 2-0
Averages 141 days $3,956,667 0.57 --- 2,087 0.48 --- ---  

Estimation of Market Value - $3,814,463

As of today, 07/10/2025, the estimated market value of 15 Cummings Way, Edgartown considering the above 3 comparable properties is $3,814,463.

 

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 Copy to Clipboard
Subject Property0 Captains Walk149 Katama Road139 Katama Road144 Katama Road150 Katama Road134 Katama Road150 South Water Street153 South Water Street137 Katama Road136 South Water Street112 South Summer Street119 South Summer Street15 Cummings Way124 South Summer Street20 Cummings Way128 South Water Street148 Katama Road145 Katama Road4 Captains Walk144 South Water Street114 South Summer Street116 South Summer Street110 South Summer Street141 South Water Street115 South Summer Street147 South Water Street132 South Water Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# 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 9/16/2024 $6,665,000 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 10/2/2024 $3,860,000 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 9/24/2024 $3,875,000 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 5475 days $1,213,923 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