1 Somerset Lane, Edgartown, MA 02539

1 Somerset Lane Edgartown MA 02539
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Dorothy A Connolly
Owner 2
Mattakesett Realty Trust-Ii
Owner's Address
C/O Stanmar Inc, 321 Commonwealth Rd STE 201 Wayland, MA 01778
Market Sale Information
Most recent sale date
1/4/1991
Previous sale date
9/18/1969
Transfer document #
0550-0896
Previous transfer document
0279-0284
Grantor
Stanley W Snider
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
36-101
Lot Size
0.5
Use Code
130 - Land, developable
Zoning
R20
Building Style
Outbuildings
Number of Rooms
Stories
Number of Beds
Year Built
0
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
0
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2023
Land Value
$831,600.00
Total value
$831,600.00
Building value
$0.00
Estimated tax
$2,095.00
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 1 Somerset Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Outbuildings Age 0 Rooms Bedrooms Full baths Half baths Gross Living Area 0 Heating Fuel Detached Garage Lot Size 0.5 Roof Cover AEM Value - Building $0.00 AEM Value - Land $831,600.00 AEM Value - Other $0.00 AEM Value - Total $831,600.00
A) 14 Mill Hill Road 0.9 5/30/2024 $4,600,000 - Vacant Land 0 0 0.71 $0 $804,600 $0 $804,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Somerset Lane 1/4/1991 $1 0 Outbuildings 0.5 - -
  Criteria
A 14 Mill Hill Road 5/30/2024 $4,600,000 0.9 Vacant Land 0.71 -
Averages 32 days $4,600,000 0.86 --- 0.71 --- ---  

Estimation of Market Value - $4,754,362

As of today, 07/01/2024, the estimated market value of 1 Somerset Lane, Edgartown considering the above 1 comparable properties is $4,754,362.

 

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
@ 1 Somerset Lane 1/4/1991 $1 0 Outbuildings 0.5 - -
  Criteria
A 8 Puwal Lane 12/21/2017 $849,000 0.0 Standard Plus 4,838 0.53 3 3-1
B 20 Puwal Lane 9/6/2013 $1 0.0 Ranch 1,424 0.3 4 2-0
C 10 Puwal Lane 8/23/2022 $5,600,000 0.1 Standard Plus 5,956 0.53 4 4-1
D 260 Katama Road 2/3/2016 $1 0.1 Vacant Land 0.67 -
E 2 Down Harbor Road 10/26/2004 $1,100,000 0.1 Custom 0.77 5 4-1
F 269 Katama Road 3/21/2003 $1 0.1 Cape Cod 1,296 0.14 3 1-0
G 271 Katama Road 8/8/1995 $1 0.1 Cape Cod 1,296 0.14 3 1-0
H 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
I 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
J 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
K 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
L 4 Down Harbor Road 7/5/1996 $349,000 0.1 Standard Plus 1,400 0.69 3 2-0
M 4 Massasoit Road 5/8/1986 $150,000 0.1 Cape Cod 1,428 0.14 3 2-0
N 7 Massasoit Road 10/13/2021 $1,500,000 0.1 Cape Cod 1,288 0.14 3 2-0
O 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
P 3 Down Harbor Road 9/18/1996 $1 0.1 Cape Cod 2,727 1 4 2-1
Q 6 Milikin Way 8/20/2020 $1 0.1 Cape Cod 1,356 0.49 3 2-
R 275 Katama Road 11/13/2012 $1 0.1 Cape Cod 1,638 0.39 3 2-0
S 8 Massasoit Road 6/9/2022 $1,300,000 0.1 Cape Cod 1,674 0.14 3 2-0
T 3 Bankers Way 4/10/1995 $1 0.1 Ranch 1,860 0.47 4 2-0
U 9 Massasoit Road 10/15/2014 $1 0.1 Cape Cod 1,428 0.14 3 1-1
V 1 Bankers Way 10/10/1980 $79,500 0.1 Cape Cod 1,820 0.46 3 2-0
W 5 Bankers Way 2/5/2021 $0 0.1 Standard Plus 1,536 1.1 3 2-0
Averages 6017 days $694,166 0.09 --- 1,704 0.48 --- ---  
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
36 101 1 Somerset Lane