56 Witchwood Lane, Edgartown, MA 02539

56 Witchwood Lane Edgartown MA 02539
Owner Information
Owner 1
Melvin S Cohen & Ryna G
Owner 2
Cohen Family Residence Trust
Owner's Address
5630 Wisconsin Ave #802 Chevy Chase, MD 20815
Market Sale Information
Most recent sale date
3/12/1991
Previous sale date
Transfer document #
0554-0181
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$2,440,000.00
Previous sale price
N/A
Site Information
Property ID
36-303-141
Lot Size
2.08
Use Code
109 - Multiple Houses on one parcel
Zoning
R60
Building Style
Estate
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1900
Number of full baths
4
Condition
Number of half baths
1
Finished Area
5508
Number of Kitchen
Gross Living Area
11635
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
Electr Basebrd
Roof Cover
Wood Shingle
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$9,620,800.00
Total value
$16,732,800.00
Building value
$7,112,000.00
Estimated tax
$42,166.00
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 56 Witchwood Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $442.99 Style Estate Age 1900 Rooms Bedrooms 5 Full baths 4 Half baths 1 Gross Living Area 11635 Heating Fuel Electric Detached Garage Lot Size 2.08 Roof Cover Wood Shingle AEM Value - Building $7,112,000.00 AEM Value - Land $9,620,800.00 AEM Value - Other $0.00 AEM Value - Total $16,732,800.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Witchwood Lane 3/12/1991 $2,440,000 0 Estate 5,508 2.08 5 4-1 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 56 Witchwood Lane 3/12/1991 $2,440,000 0 Estate 5,508 2.08 5 4-1 -
  Criteria
A 52 Witchwood Lane 3/12/1991 $360,000 0.0 Ranch 549 1.69 1 1-0
B 60 Witchwood Lane 1/4/1996 $1 0.0 Custom 3,698 2.22 5 5-1
C 51 Witchwood Lane 1/25/2011 $8,000,000 0.1 Estate 2.31 7 8-2
D 48 Witchwood Lane 4/8/2020 $10 0.1 Estate 13,071 3 7 7-1
E 49 Witchwood Lane 12/30/2005 $1 0.1 Vacant Land 2.4 -
F 43 Witchwood Lane 9/14/2010 $1 0.1 Cape Cod 2,756 2.2 4 2-1
G 18 Menamsha Avenue 7/20/2011 $1 0.1 Estate 5,828 2.77 5 4-1
H 12 Guernsey Lane 9/9/2020 $15,400,000 0.1 Estate 2.1 4 4-2
I 14 Guernsey Lane 12/28/1992 $1 0.1 Colonial 3,958 0.92 6 3-1
Averages 6499 days $2,640,002 0.08 --- 3,318 2.18 --- ---  
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
36 303 141 56 Witchwood Lane