43 Schoolhouse Road, Edgartown, MA 02539

Owner Information
Owner 1
William F Loehning III
Owner 2
Todd C Melton
Owner's Address
C/O William F Loehning III, 14 Stone Tower Lane Barrington, RI 02806
Market Sale Information
Most recent sale date
4/23/2010
Previous sale date
1/17/2007
Transfer document #
1209-0334
Previous transfer document
1107-0844
Grantor
Merly Berls Vacations LLC
Previous grantor
Lawrence P Neal
Most recent sale price
$720,000.00
Previous sale price
$680,000.00
Site Information
Property ID
36-239
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1659
Number of Kitchen
Gross Living Area
3520
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$888,500.00
Total value
$1,832,500.00
Building value
$944,000.00
Estimated tax
$4,856.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
15 Night Heron Road8 Massasoit Road18 Katama Drive30 Old Dunhams Corner Way43 Schoolhouse Road25 Down Harbor Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 43 Schoolhouse Road A) 30 Old Dunhams Corner WayB) 8 Massasoit RoadC) 15 Night Heron RoadD) 18 Katama DriveE) 25 Down Harbor Road
Photo
Plan
Map
Proximity 0.60.80.80.90.9
Last Sold 1/10/20255/23/20255/23/20255/19/20251/27/2025
Price $500,000$1,790,000$1,358,000$1,850,000$5,500,000
Net Living Area 1,4731,6741,3441,4281,728
Stories 21.751.7522
Sale Price/sft $434.00$339.44$1069.30$1010.42$1295.52$3182.87
Style Cape CodStandard PlusCape CodCape CodStandard PlusStandard Plus
Age 198519861976198219821972
Rooms 7
Bedrooms 333434
Full baths 222222
Half baths 000010
Gross Living Area 352030543887233621442946
Heating Fuel ElectricElectricOilElectricElectricOil
Detached Garage
Lot Size 0.50.820.140.510.51.1
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $944,000.00$821,400$643,500$488,100$690,400$836,500
AEM Value - Land $888,500.00$857,100$684,700$571,800$729,500$1,572,700
AEM Value - Other $0.00$0$0$0$0$0
AEM Value - Total $1,832,500.00$1,678,500$1,328,200$1,059,900$1,419,900$2,409,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 43 Schoolhouse Road 4/23/2010 $720,000 0 Cape Cod 1,659 0.5 3 2-0 -
  Criteria
A 30 Old Dunhams Corner Way 1/10/2025 $500,000 0.6 Standard Plus 1,473 0.82 3 2-0
B 8 Massasoit Road 5/23/2025 $1,790,000 0.8 Cape Cod 1,674 0.14 3 2-0
C 15 Night Heron Road 5/23/2025 $1,358,000 0.8 Cape Cod 1,344 0.51 4 2-0
D 18 Katama Drive 5/19/2025 $1,850,000 0.9 Standard Plus 1,428 0.5 3 2-1
E 25 Down Harbor Road 1/27/2025 $5,500,000 0.9 Standard Plus 1,728 1.1 4 2-0
Averages 85 days $2,199,600 0.80 --- 1,529 0.61 --- ---  

Estimation of Market Value - $2,469,250

As of today, 06/26/2025, the estimated market value of 43 Schoolhouse Road, Edgartown considering the above 5 comparable properties is $2,469,250.

 

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 Copy to Clipboard
Subject Property30 Road to the Plains34 Road to the Plains32 Road to the Plains52 Schoolhouse Road33 Schoolhouse Road39 Schoolhouse Road36 Schoolhouse Road54 Schoolhouse Road51 Schoolhouse Road46 Schoolhouse Road55 Schoolhouse Road45 Schoolhouse Road40 Road to the Plains28 Schoolhouse Road43 Schoolhouse Road37 Schoolhouse Road50 Schoolhouse Road59 Schoolhouse Road6 Schoolhouse Lane38 Schoolhouse Road28 Pulpit Lane40 Schoolhouse Road34 Schoolhouse Road47 Schoolhouse Road3 Schoolhouse Lane42 Road to the Plains32 Schoolhouse Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 43 Schoolhouse Road 4/23/2010 $720,000 0 Cape Cod 1,659 0.5 3 2-0 -
  Criteria
A 39 Schoolhouse Road 3/30/2015 $1 0.0 Colonial 1,642 0.5 4 2-0
B 45 Schoolhouse Road 5/9/2008 $1 0.0 Cape Cod 1,729 0.5 3 2-1
C 20 Pulpit Lane 12/10/1997 $209,000 0.0 Cape Cod 2,013 0.5 3 2-0
D 22 Pulpit Lane 2/14/2013 $1 0.0 Cape Cod 2,358 0.5 3 2-0
E 40 Schoolhouse Road 7/31/2024 $700,000 0.0 Colonial 3,072 0.5 6 3-0
F 37 Schoolhouse Road 7/20/1993 $1 0.0 Standard Plus 1,891 0.5 3 2-0
G 46 Schoolhouse Road 9/9/2009 $1 0.0 Cape Cod 1,480 0.51 4 2-0
H 47 Schoolhouse Road 8/23/2018 $1,337,500 0.0 Cape Cod 2,345 0.5 3 3-1
I 18 Pulpit Lane 2/7/2012 $1 0.1 Colonial 2,112 0.5 4 2-0
J 3 Schoolhouse Lane 7/13/2011 $640,000 0.1 Custom 2,382 0.55 3 2-1
K 38 Schoolhouse Road 3/28/1996 $57,700 0.1 Cape Cod 1,436 0.5 3 2-0
L 24 Pulpit Lane 10/31/2023 $1,998,500 0.1 Cape Cod 2,097 0.5 3 2-0
M 6 Schoolhouse Lane 1/31/2019 $1 0.1 Colonial 1,623 0.5 3 2-1
N 16 Pulpit Lane 11/16/2000 $1 0.1 Cape Cod 1,520 0.5 3 2-0
O 33 Schoolhouse Road 8/16/2012 $1 0.1 Modern/Contemporary 1,056 0.55 3 2-0
P 21 Pulpit Lane 11/18/1982 $25,000 0.1 Vacant Land 0.5 -
Q 19 Pulpit Lane 8/15/2022 $100 0.1 Modern/Contemporary 2,318 0.5 4 2-1
R 34 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
S 50 Schoolhouse Road 6/16/2000 $321,000 0.1 Modern/Contemporary 1,328 0.5 3 2-1
T 51 Schoolhouse Road 12/1/1978 $0 0.1 Colonial 2,288 0.5 6 3-0
U 29 Schoolhouse Road 11/21/2016 $940,000 0.1 Modern/Contemporary 1,656 0.5 3 2-0
V 40 Road to the Plains 9/23/2005 $1 0.1 Cape Cod 2,717 0.51 4 4-0
W 17 Pulpit Lane 5/30/2014 $1 0.1 Cape Cod 2,406 0.5 3 2-1
X 36 Schoolhouse Road 4/14/2017 $1 0.1 Cape Cod 1,498 0.5 4 2-0
Y 25 Pulpit Lane 1/11/2023 $1,950,000 0.1 Colonial 1,522 0.5 3 2-0
Z 26 Pulpit Lane 5/24/2017 $1,565,000 0.1 Custom 2,701 0.5 3 3-1
- 34 Schoolhouse Road 11/12/2021 $1 0.1 Colonial 1,380 0.5 4 2-0
- 14 Pulpit Lane 2/15/2022 $10 0.1 Colonial 0.53 4 3-1
- 13 Pulpit Lane 4/18/2017 $1 0.1 Modern/Contemporary 0.5 3 3-0
- 35 Road to the Plains 10/18/2016 $1 0.1 Cape Cod 2,498 0.5 3 2-1
- 52 Schoolhouse Road 12/24/2020 $690,000 0.1 Vacant Land 0.5 -
- 32 Road to the Plains 11/4/1987 $1 0.1 Vacant Land 0.5 -
- 42 Road to the Plains 9/26/2022 $4,125,000 0.1 Colonial 2,996 0.5 4 2-0
- 27 Schoolhouse Road 7/19/2017 $1 0.1 Colonial 1,303 0.5 3 2-0
- 32 Schoolhouse Road 9/25/2020 $2,230,000 0.1 Custom 2,742 0.5 4 3-1
- 55 Schoolhouse Road 9/21/1998 $70,000 0.1 Modern/Contemporary 1,810 0.5 3 2-0
- 28 Pulpit Lane 5/4/2010 $925,000 0.1 Colonial 2,638 0.5 3 2-0
- 32 Deacon Vincent Way 6/1/1998 $1 0.1 Vacant Land 0.5 -
- 30 Deacon Vincent Way 3/14/2025 $2,100,000 0.1 Colonial 2,784 0.5 2 3-0
- 54 Schoolhouse Road 7/15/2019 $1,000,000 0.1 Cape Cod 1,638 0.5 3 2-0
- 31 Pulpit Lane 11/16/2023 $2,000,000 0.1 Modern/Contemporary 1,704 0.5 3 2-0
- 23 Suttons Way 4/6/2022 $100 0.1 Ranch 1,048 0.84 3 2-0
- 59 Schoolhouse Road 8/21/2020 $1,220,000 0.1 Cape Cod 1,911 0.5 3 2-1
- 11 Pulpit Lane 6/11/2010 $800,000 0.1 Custom 2,111 0.5 4 2-1
- 33 Road to the Plains 3/25/2022 $100 0.1 Standard Plus 2,054 0.57 3 2-1
- 28 Schoolhouse Road 12/18/1986 $75,000 0.1 Standard Plus 1,988 0.5 4 2-0
- 28 Deacon Vincent Way 9/30/2011 $650,000 0.1 Cape Cod 2,057 0.5 4 2-0
- 43 Road to the Plains 3/15/2002 $215,000 0.1 Colonial 4,104 0.71 4 4-1
- 30 Road to the Plains 2/26/1980 $16,900 0.1 Vacant Land 0.5 -
- 37 Road to the Plains 1/13/2023 $2,220,607 0.1 Cape Cod 1,854 1.04 4 3-0
Averages 5448 days $561,631 0.08 --- 1,716 0.53 --- ---  
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
36 239 43 Schoolhouse Road