3 Schoolhouse Lane, Edgartown, MA 02539

3 Schoolhouse Lane Edgartown MA 02539
Owner Information
Owner 1
Robert E Hunt & Susanna Y
Owner 2
Owner's Address
7 Blue Sky Drive Hingham, MA 02043
Market Sale Information
Most recent sale date
7/13/2011
Previous sale date
12/5/2003
Transfer document #
1250-0325
Previous transfer document
0980-0464
Grantor
Norman Laplume
Previous grantor
Paul Cataldo
Most recent sale price
$640,000.00
Previous sale price
$540,000.00
Site Information
Property ID
36-232
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Custom
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
2016
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2382
Number of Kitchen
Gross Living Area
5507
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
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
$592,800.00
Total value
$2,504,000.00
Building value
$1,911,200.00
Estimated tax
$6,310.00
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 3 Schoolhouse Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $268.68 Style Custom Age 2016 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 5507 Heating Fuel Gas Detached Garage Lot Size 0.55 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,911,200.00 AEM Value - Land $592,800.00 AEM Value - Other $0.00 AEM Value - Total $2,504,000.00
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) 10 Gerts Way 0.3 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
C) 28 Vickers Street 0.4 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
@ 3 Schoolhouse Lane 7/13/2011 $640,000 0 Custom 2,382 0.55 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 10 Gerts Way 6/14/2024 $2,315,000 0.3 Colonial 2,404 0.5 4 2-1
C 28 Vickers Street 5/1/2024 $1,900,000 0.4 Standard Plus 1,862 0.51 4 2-1
Averages 84 days $2,005,000 0.25 --- 2,022 0.66 --- ---  

Estimation of Market Value - $2,952,768

As of today, 07/05/2024, the estimated market value of 3 Schoolhouse Lane, Edgartown considering the above 3 comparable properties is $2,952,768.

 

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
@ 3 Schoolhouse Lane 7/13/2011 $640,000 0 Custom 2,382 0.55 3 2-1 -
  Criteria
A 46 Schoolhouse Road 9/9/2009 $1 0.0 Cape Cod 1,480 0.51 4 2-0
B 34 Road to the Plains 11/4/1987 $1 0.0 Vacant Land 0.5 -
C 6 Schoolhouse Lane 1/31/2019 $1 0.0 Colonial 1,623 0.5 3 2-1
D 40 Schoolhouse Road 7/19/1985 $149,900 0.0 Colonial 3,072 0.5 6 3-0
E 35 Road to the Plains 10/18/2016 $1 0.0 Cape Cod 2,498 0.5 3 2-1
F 40 Road to the Plains 9/23/2005 $1 0.0 Cape Cod 2,717 0.51 4 4-0
G 50 Schoolhouse Road 6/16/2000 $321,000 0.0 Modern/Contemporary 1,328 0.5 3 2-1
H 32 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
I 45 Schoolhouse Road 5/9/2008 $1 0.1 Cape Cod 1,729 0.5 3 2-1
J 43 Schoolhouse Road 4/23/2010 $720,000 0.1 Cape Cod 1,659 0.5 3 2-0
K 38 Schoolhouse Road 3/28/1996 $57,700 0.1 Cape Cod 1,436 0.5 3 2-0
L 33 Road to the Plains 3/25/2022 $100 0.1 Standard Plus 2,054 0.57 3 2-1
M 47 Schoolhouse Road 8/23/2018 $1,337,500 0.1 Cape Cod 2,345 0.5 3 3-1
N 39 Schoolhouse Road 3/30/2015 $1 0.1 Colonial 1,642 0.5 4 2-0
O 37 Road to the Plains 1/13/2023 $2,220,607 0.1 Cape Cod 1,854 1.04 4 3-0
P 52 Schoolhouse Road 12/24/2020 $690,000 0.1 Vacant Land 0.5 -
Q 31 Road to the Plains 4/3/2017 $776,000 0.1 Standard Plus 2,596 0.51 3 2-0
R 42 Road to the Plains 9/26/2022 $4,125,000 0.1 Colonial 2,996 0.5 4 2-0
S 43 Road to the Plains 3/15/2002 $215,000 0.1 Colonial 4,104 0.71 4 4-1
T 30 Road to the Plains 2/26/1980 $16,900 0.1 Vacant Land 0.5 -
U 36 Schoolhouse Road 4/14/2017 $1 0.1 Cape Cod 1,498 0.5 4 2-0
V 37 Schoolhouse Road 7/20/1993 $1 0.1 Standard Plus 1,891 0.5 3 2-0
W 41 Road to the Plains 1/24/2024 $1,800,000 0.1 Colonial 1,800 0.97 3 2-0
X 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
Y 22 Pulpit Lane 2/14/2013 $1 0.1 Cape Cod 2,358 0.5 3 2-0
Z 29 Road to the Plains 1/26/1999 $240,000 0.1 Colonial 1,568 0.52 3 2-0
- 54 Schoolhouse Road 7/15/2019 $1,000,000 0.1 Cape Cod 1,638 0.5 3 2-0
- 20 Pulpit Lane 12/10/1997 $209,000 0.1 Cape Cod 2,013 0.5 3 2-0
- 24 Pulpit Lane 10/31/2023 $1,998,500 0.1 Cape Cod 2,097 0.5 3 2-0
- 4 Quail Path 3/4/2019 $1,000,000 0.1 Cape Cod 1,344 1.15 2 1-1
- 28 Road to the Plains 6/1/1978 $0 0.1 Colonial 1,547 0.5 3 2-0
- 33 Schoolhouse Road 8/16/2012 $1 0.1 Modern/Contemporary 1,056 0.55 3 2-0
- 32 Plain Field Way 12/15/1982 $25,000 0.1 Cape Cod 2,232 0.51 3 2-0
- 34 Schoolhouse Road 11/12/2021 $1 0.1 Colonial 1,380 0.5 4 2-0
- 46 Road to the Plains 11/1/1991 $150,750 0.1 Cape Cod 2,303 0.83 3 2-1
- 18 Pulpit Lane 2/7/2012 $1 0.1 Colonial 2,112 0.5 4 2-0
- 55 Schoolhouse Road 9/21/1998 $70,000 0.1 Modern/Contemporary 1,810 0.5 3 2-0
- 30 Plain Field Way 7/22/2019 $0 0.1 Vacant Land 0.5 -
- 56 Schoolhouse Road 10/10/2006 $625,000 0.1 Colonial 1,375 0.5 3 2-0
- 26 Pulpit Lane 5/24/2017 $1,565,000 0.1 Custom 2,701 0.5 3 3-1
- 47 Road to the Plains 4/10/2000 $127,000 0.1 Vacant Land 0.53 -
- 41 Kitts Field Circle 8/28/2020 $10 0.1 Ranch 1,348 0.5 3 1-1
- 34 Plain Field Way 2/13/2015 $750,000 0.1 Cape Cod 3,011 0.51 5 4-1
- 16 Pulpit Lane 11/16/2000 $1 0.1 Cape Cod 1,520 0.5 3 2-0
- 21 Pulpit Lane 11/18/1982 $25,000 0.1 Vacant Land 0.5 -
- 29 Schoolhouse Road 11/21/2016 $940,000 0.1 Modern/Contemporary 1,656 0.5 3 2-0
- 3 Duarte Circle 8/23/2023 $5,700,000 0.1 Colonial 2,302 0.8 3 2-0
Averages 6315 days $571,383 0.08 --- 1,702 0.56 --- ---  
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
36 232 3 Schoolhouse Lane