5 Hillman Drive, Edgartown, MA 02539

5 Hillman Drive Edgartown MA 02539
Owner Information
Owner 1
Douglas Sokolik
Owner 2
Cameron Sokolik
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
10/10/2023
Previous sale date
12/2/2019
Transfer document #
1665-886
Previous transfer document
1513-701
Grantor
Grayson C McNeely
Previous grantor
Robert D Cunningham
Most recent sale price
$3,250,000.00
Previous sale price
$1,375,000.00
Site Information
Property ID
36-114
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1963
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2407
Number of Kitchen
Gross Living Area
5477
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
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
2023
Land Value
$586,800.00
Total value
$1,878,600.00
Building value
$1,291,800.00
Estimated tax
$4,734.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 5 Hillman Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,350.23 Style Cape Cod Age 1963 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 5477 Heating Fuel Oil Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,291,800.00 AEM Value - Land $586,800.00 AEM Value - Other $0.00 AEM Value - Total $1,878,600.00
A) 10 Gerts Way 0.8 6/14/2024 $2,315,000 2,404 2 $962.98 Colonial 1987 4 2 1 4583 Gas 0.5 Asph/F Gls/Cmp $950,400 $740,700 $0 $1,691,100
B) 28 Vickers Street 0.8 5/1/2024 $1,900,000 1,862 2 $1020.41 Standard Plus 1989 4 2 1 4016 Oil 0.51 Asph/F Gls/Cmp $812,500 $590,200 $0 $1,402,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Hillman Drive 10/10/2023 $3,250,000 0 Cape Cod 2,407 0.46 3 2-1 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.8 Colonial 2,404 0.5 4 2-1
B 28 Vickers Street 5/1/2024 $1,900,000 0.8 Standard Plus 1,862 0.51 4 2-1
Averages 39 days $2,107,500 0.78 --- 2,133 0.5 --- ---  

Estimation of Market Value - $2,468,817

As of today, 07/01/2024, the estimated market value of 5 Hillman Drive, Edgartown considering the above 2 comparable properties is $2,468,817.

 

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
  • 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
@ 5 Hillman Drive 10/10/2023 $3,250,000 0 Cape Cod 2,407 0.46 3 2-1 -
  Criteria
A 8 Crocker Drive 8/6/2020 $100 0.0 Ranch 1,330 0.46 3 1-0
B 3 Hillman Drive 7/28/2005 $715,000 0.0 Cape Cod 1,260 0.46 2 1-1
C 294 Katama Road 8/15/2012 $1 0.0 Ranch 1,756 0.53 2 1-1
D 7 Crocker Drive 6/29/2017 $1 0.0 Cape Cod 961 0.76 1 1-0
E 8 Hillman Drive 11/29/2000 $370,000 0.0 Ranch 1,422 0.92 4 2-0
F 11 Hillman Drive 5/24/2004 $1 0.0 Cape Cod 1,335 0.92 3 2-0
G 2 Hillman Drive 10/2/2000 $1 0.0 Cape Cod 1,548 1 2 2-1
H 1 Crocker Drive 11/21/2008 $549,000 0.0 Colonial 1,680 0.48 4 2-0
I 6 Norcross Drive 9/2/2022 $1 0.1 Cape Cod 3,602 0.95 5 4-1
J 13 Hillman Drive 9/12/2022 $10 0.1 Ranch 1,857 0.46 2 2-0
K 12 Hillman Drive 5/24/2004 $1 0.1 Modern/Contemporary 1,290 1.4 2 1-1
L 4 Katama Drive 7/23/2007 $1 0.1 Ranch 1,632 0.92 4 3-0
M 3 Norcross Drive 5/18/2012 $1 0.1 Ranch 901 0.8 1 1-1
N 2 Katama Drive 1/4/2019 $1,225,000 0.1 Colonial 1,992 0.67 3 2-0
O 6 Katama Drive 5/24/2004 $1 0.1 Vacant Land 1.4 -
P 6 Bankers Way 3/31/2008 $657,500 0.1 Ranch 1,632 0.58 4 2-0
Q 15 Hillman Drive 11/18/2013 $1 0.1 Ranch 1,120 0.56 2 2-0
R 4 Bankers Way 3/2/1988 $0 0.1 Standard Basic 810 0.34 2 1-0
S 16 Hillman Drive 3/20/2015 $585,000 0.1 Ranch 1,324 0.46 3 2-0
T 2 Bankers Way 3/2/1988 $0 0.1 Cape Cod 1,476 0.34 1 2-0
Averages 5697 days $205,081 0.07 --- 1,446 0.72 --- ---  
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
36 114 5 Hillman Drive