45 Schoolhouse Road, Edgartown, MA 02539

45 Schoolhouse Road Edgartown MA 02539
Owner Information
Owner 1
Carmen Macfadden
Owner 2
Owner's Address
11 Rockmeadow Rd Westwood, MA 02090-1049
Market Sale Information
Most recent sale date
5/9/2008
Previous sale date
9/12/2003
Transfer document #
1150-0588
Previous transfer document
0968-0484
Grantor
Carmen McFadden Corley
Previous grantor
Walter Clark
Most recent sale price
$1.00
Previous sale price
$570,000.00
Site Information
Property ID
36-238
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
3
Year Built
2002
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1729
Number of Kitchen
Gross Living Area
3428
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
$740,700.00
Total value
$1,468,800.00
Building value
$728,100.00
Estimated tax
$3,701.00
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 45 Schoolhouse Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 2002 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3428 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $728,100.00 AEM Value - Land $740,700.00 AEM Value - Other $0.00 AEM Value - Total $1,468,800.00
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 0.4 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
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 0.9 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
@ 45 Schoolhouse Road 5/9/2008 $1 0 Cape Cod 1,729 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 0.4 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 0.9 Custom 1,748 0.15 3 1-1
Averages 107 days $2,375,000 0.56 --- 1,734 0.66 --- ---  

Estimation of Market Value - $2,179,099

As of today, 07/05/2024, the estimated market value of 45 Schoolhouse Road, Edgartown considering the above 4 comparable properties is $2,179,099.

 

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
@ 45 Schoolhouse Road 5/9/2008 $1 0 Cape Cod 1,729 0.5 3 2-1 -
  Criteria
A 43 Schoolhouse Road 4/23/2010 $720,000 0.0 Cape Cod 1,659 0.5 3 2-0
B 47 Schoolhouse Road 8/23/2018 $1,337,500 0.0 Cape Cod 2,345 0.5 3 3-1
C 22 Pulpit Lane 2/14/2013 $1 0.0 Cape Cod 2,358 0.5 3 2-0
D 46 Schoolhouse Road 9/9/2009 $1 0.0 Cape Cod 1,480 0.51 4 2-0
E 24 Pulpit Lane 10/31/2023 $1,998,500 0.0 Cape Cod 2,097 0.5 3 2-0
F 39 Schoolhouse Road 3/30/2015 $1 0.0 Colonial 1,642 0.5 4 2-0
G 20 Pulpit Lane 12/10/1997 $209,000 0.0 Cape Cod 2,013 0.5 3 2-0
H 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
I 40 Schoolhouse Road 7/19/1985 $149,900 0.1 Colonial 3,072 0.5 6 3-0
J 3 Schoolhouse Lane 7/13/2011 $640,000 0.1 Custom 2,382 0.55 3 2-1
K 50 Schoolhouse Road 6/16/2000 $321,000 0.1 Modern/Contemporary 1,328 0.5 3 2-1
L 26 Pulpit Lane 5/24/2017 $1,565,000 0.1 Custom 2,701 0.5 3 3-1
M 34 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
N 21 Pulpit Lane 11/18/1982 $25,000 0.1 Vacant Land 0.5 -
O 37 Schoolhouse Road 7/20/1993 $1 0.1 Standard Plus 1,891 0.5 3 2-0
P 25 Pulpit Lane 1/11/2023 $1,950,000 0.1 Colonial 1,522 0.5 3 2-0
Q 18 Pulpit Lane 2/7/2012 $1 0.1 Colonial 2,112 0.5 4 2-0
R 6 Schoolhouse Lane 1/31/2019 $1 0.1 Colonial 1,623 0.5 3 2-1
S 19 Pulpit Lane 8/15/2022 $100 0.1 Modern/Contemporary 2,318 0.5 4 2-1
T 52 Schoolhouse Road 12/24/2020 $690,000 0.1 Vacant Land 0.5 -
U 55 Schoolhouse Road 9/21/1998 $70,000 0.1 Modern/Contemporary 1,810 0.5 3 2-0
V 38 Schoolhouse Road 3/28/1996 $57,700 0.1 Cape Cod 1,436 0.5 3 2-0
W 32 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
X 16 Pulpit Lane 11/16/2000 $1 0.1 Cape Cod 1,520 0.5 3 2-0
Y 28 Pulpit Lane 5/4/2010 $925,000 0.1 Colonial 2,638 0.5 3 2-0
Z 17 Pulpit Lane 5/30/2014 $1 0.1 Cape Cod 2,406 0.5 3 2-1
- 54 Schoolhouse Road 7/15/2019 $1,000,000 0.1 Cape Cod 1,638 0.5 3 2-0
- 40 Road to the Plains 9/23/2005 $1 0.1 Cape Cod 2,717 0.51 4 4-0
- 59 Schoolhouse Road 8/21/2020 $1,220,000 0.1 Cape Cod 1,911 0.5 3 2-1
- 33 Schoolhouse Road 8/16/2012 $1 0.1 Modern/Contemporary 1,056 0.55 3 2-0
- 35 Road to the Plains 10/18/2016 $1 0.1 Cape Cod 2,498 0.5 3 2-1
- 36 Schoolhouse Road 4/14/2017 $1 0.1 Cape Cod 1,498 0.5 4 2-0
- 29 Schoolhouse Road 11/21/2016 $940,000 0.1 Modern/Contemporary 1,656 0.5 3 2-0
- 56 Schoolhouse Road 10/10/2006 $625,000 0.1 Colonial 1,375 0.5 3 2-0
- 32 Deacon Vincent Way 6/1/1998 $1 0.1 Vacant Land 0.5 -
- 31 Pulpit Lane 11/16/2023 $2,000,000 0.1 Modern/Contemporary 1,704 0.5 3 2-0
- 30 Road to the Plains 2/26/1980 $16,900 0.1 Vacant Land 0.5 -
- 13 Pulpit Lane 4/18/2017 $1 0.1 Modern/Contemporary 0.5 3 3-0
- 30 Deacon Vincent Way 9/20/2001 $205,000 0.1 Colonial 2,784 0.5 2 3-0
- 61 Schoolhouse Road 10/27/2010 $1 0.1 Colonial 2,242 0.5 4 2-0
- 14 Pulpit Lane 2/15/2022 $10 0.1 Colonial 0.53 4 3-1
- 33 Road to the Plains 3/25/2022 $100 0.1 Standard Plus 2,054 0.57 3 2-1
- 32 Pulpit Lane 9/19/2018 $620,000 0.1 Cape Cod 3,209 0.5 3 3-1
- 34 Schoolhouse Road 11/12/2021 $1 0.1 Colonial 1,380 0.5 4 2-0
- 58 Schoolhouse Road 2/4/2004 $635,000 0.1 Cape Cod 2,269 0.5 3 2-0
- 42 Road to the Plains 9/26/2022 $4,125,000 0.1 Colonial 2,996 0.5 4 2-0
- 31 Road to the Plains 4/3/2017 $776,000 0.1 Standard Plus 2,596 0.51 3 2-0
- 27 Schoolhouse Road 7/19/2017 $1 0.1 Colonial 1,303 0.5 3 2-0
- 28 Road to the Plains 6/1/1978 $0 0.1 Colonial 1,547 0.5 3 2-0
- 41 Kitts Field Circle 8/28/2020 $10 0.1 Ranch 1,348 0.5 3 1-1
- 37 Road to the Plains 1/13/2023 $2,220,607 0.1 Cape Cod 1,854 1.04 4 3-0
Averages 5584 days $491,026 0.08 --- 1,692 0.52 --- ---  
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
36 238 45 Schoolhouse Road