6 Schoolhouse Lane, Edgartown, MA 02539

6 Schoolhouse Lane Edgartown MA 02539
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Owner Information
Owner 1
6 Schoolhouse Lane LLC
Owner 2
Owner's Address
11 Rock Meadow Rd Westwood, MA 02090
Market Sale Information
Most recent sale date
1/31/2019
Previous sale date
5/9/2008
Transfer document #
1487-0706
Previous transfer document
1150-0587
Grantor
Carmen Macfadden
Previous grantor
Carmen McFadden Corley
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
36-229
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1984
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1623
Number of Kitchen
Gross Living Area
2643
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$589,500.00
Total value
$1,062,100.00
Building value
$472,600.00
Estimated tax
$2,676.00
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 6 Schoolhouse Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1984 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2643 Heating Fuel Electric Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $472,600.00 AEM Value - Land $589,500.00 AEM Value - Other $0.00 AEM Value - Total $1,062,100.00
A) 41 Road to the Plains 0.1 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
B) 28 Vickers Street 0.3 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
C) 6 Kent Harbor Road 0.8 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
D) 10 High Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 Schoolhouse Lane 1/31/2019 $1 0 Colonial 1,623 0.5 3 2-1 -
  Criteria
A 41 Road to the Plains 1/24/2024 $1,800,000 0.1 Colonial 1,800 0.97 3 2-0
B 28 Vickers Street 5/1/2024 $1,900,000 0.3 Standard Plus 1,862 0.51 4 2-1
C 6 Kent Harbor Road 2/15/2024 $2,800,000 0.8 Ranch 1,525 1 3 1-0
D 10 High Street 5/10/2024 $3,000,000 1.0 Custom 1,748 0.15 3 1-1
Averages 107 days $2,375,000 0.56 --- 1,734 0.66 --- ---  

Estimation of Market Value - $1,831,029

As of today, 07/05/2024, the estimated market value of 6 Schoolhouse Lane, Edgartown considering the above 4 comparable properties is $1,831,029.

 

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
@ 6 Schoolhouse Lane 1/31/2019 $1 0 Colonial 1,623 0.5 3 2-1 -
  Criteria
A 40 Road to the Plains 9/23/2005 $1 0.0 Cape Cod 2,717 0.51 4 4-0
B 40 Schoolhouse Road 7/19/1985 $149,900 0.0 Colonial 3,072 0.5 6 3-0
C 3 Schoolhouse Lane 7/13/2011 $640,000 0.0 Custom 2,382 0.55 3 2-1
D 38 Schoolhouse Road 3/28/1996 $57,700 0.0 Cape Cod 1,436 0.5 3 2-0
E 42 Road to the Plains 9/26/2022 $4,125,000 0.0 Colonial 2,996 0.5 4 2-0
F 35 Road to the Plains 10/18/2016 $1 0.0 Cape Cod 2,498 0.5 3 2-1
G 46 Schoolhouse Road 9/9/2009 $1 0.0 Cape Cod 1,480 0.51 4 2-0
H 36 Schoolhouse Road 4/14/2017 $1 0.1 Cape Cod 1,498 0.5 4 2-0
I 34 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
J 43 Road to the Plains 3/15/2002 $215,000 0.1 Colonial 4,104 0.71 4 4-1
K 39 Schoolhouse Road 3/30/2015 $1 0.1 Colonial 1,642 0.5 4 2-0
L 43 Schoolhouse Road 4/23/2010 $720,000 0.1 Cape Cod 1,659 0.5 3 2-0
M 37 Road to the Plains 1/13/2023 $2,220,607 0.1 Cape Cod 1,854 1.04 4 3-0
N 37 Schoolhouse Road 7/20/1993 $1 0.1 Standard Plus 1,891 0.5 3 2-0
O 41 Road to the Plains 1/24/2024 $1,800,000 0.1 Colonial 1,800 0.97 3 2-0
P 45 Schoolhouse Road 5/9/2008 $1 0.1 Cape Cod 1,729 0.5 3 2-1
Q 46 Road to the Plains 11/1/1991 $150,750 0.1 Cape Cod 2,303 0.83 3 2-1
R 33 Road to the Plains 3/25/2022 $100 0.1 Standard Plus 2,054 0.57 3 2-1
S 34 Schoolhouse Road 11/12/2021 $1 0.1 Colonial 1,380 0.5 4 2-0
T 50 Schoolhouse Road 6/16/2000 $321,000 0.1 Modern/Contemporary 1,328 0.5 3 2-1
U 33 Schoolhouse Road 8/16/2012 $1 0.1 Modern/Contemporary 1,056 0.55 3 2-0
V 32 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
W 47 Road to the Plains 4/10/2000 $127,000 0.1 Vacant Land 0.53 -
X 4 Quail Path 3/4/2019 $1,000,000 0.1 Cape Cod 1,344 1.15 2 1-1
Y 47 Schoolhouse Road 8/23/2018 $1,337,500 0.1 Cape Cod 2,345 0.5 3 3-1
Z 3 Duarte Circle 8/23/2023 $5,700,000 0.1 Colonial 2,302 0.8 3 2-0
- 20 Pulpit Lane 12/10/1997 $209,000 0.1 Cape Cod 2,013 0.5 3 2-0
- 31 Road to the Plains 4/3/2017 $776,000 0.1 Standard Plus 2,596 0.51 3 2-0
- 9 Duarte Circle 3/15/2023 $2,100,000 0.1 Cape Cod 1,978 1.04 3 2-0
- 22 Pulpit Lane 2/14/2013 $1 0.1 Cape Cod 2,358 0.5 3 2-0
- 23 Suttons Way 4/6/2022 $100 0.1 Ranch 1,048 0.84 3 2-0
- 18 Pulpit Lane 2/7/2012 $1 0.1 Colonial 2,112 0.5 4 2-0
- 29 Road to the Plains 1/26/1999 $240,000 0.1 Colonial 1,568 0.52 3 2-0
- 52 Schoolhouse Road 12/24/2020 $690,000 0.1 Vacant Land 0.5 -
- 7 Duarte Circle 3/23/2018 $740,000 0.1 Cape Cod 1,572 0.53 3 2-0
- 29 Schoolhouse Road 11/21/2016 $940,000 0.1 Modern/Contemporary 1,656 0.5 3 2-0
- 30 Road to the Plains 2/26/1980 $16,900 0.1 Vacant Land 0.5 -
- 32 Schoolhouse Road 9/25/2020 $2,230,000 0.1 Custom 2,742 0.5 4 3-1
- 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
- 16 Pulpit Lane 11/16/2000 $1 0.1 Cape Cod 1,520 0.5 3 2-0
- 49 Road to the Plains 5/26/2021 $940,000 0.1 Ranch 1,180 0.55 2 1-0
- 24 Pulpit Lane 10/31/2023 $1,998,500 0.1 Cape Cod 2,097 0.5 3 2-0
- 54 Schoolhouse Road 7/15/2019 $1,000,000 0.1 Cape Cod 1,638 0.5 3 2-0
- 11-A Duarte Circle 7/15/2015 $495,000 0.1 Vacant Land 0.56 -
- 32 Plain Field Way 12/15/1982 $25,000 0.1 Cape Cod 2,232 0.51 3 2-0
- 50 Road to the Plains 5/25/2021 $100 0.1 Cape Cod 0.5 3 3-1
Averages 5498 days $673,156 0.08 --- 1,684 0.58 --- ---  
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
36 229 6 Schoolhouse Lane