10 Hotchkiss Lane, Edgartown, MA 02539

10 Hotchkiss Lane Edgartown MA 02539
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Owner Information
Owner 1
Sharon Vitti
Owner 2
Owner's Address
39 Locke Road, Newton Road Newton, MA 02468
Market Sale Information
Most recent sale date
9/11/2020
Previous sale date
10/26/2004
Transfer document #
01542-0394
Previous transfer document
1019-0514
Grantor
Stephen Sigel
Previous grantor
David Murachver
Most recent sale price
$900,000.00
Previous sale price
$1.00
Site Information
Property ID
37-48-15
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1987
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1320
Number of Kitchen
Gross Living Area
2712
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
2024
Land Value
$577,900.00
Total value
$984,700.00
Building value
$406,100.00
Estimated tax
$2,510.00
Yard improvement value
$700.00
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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 10 Hotchkiss Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $681.82 Style Colonial Age 1987 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2712 Heating Fuel Electric Detached Garage Lot Size 0.61 Roof Cover Asph/F Gls/Cmp AEM Value - Building $406,100.00 AEM Value - Land $577,900.00 AEM Value - Other $700.00 AEM Value - Total $984,700.00
A) 15 Deacon Vincent Way 0.7 9/11/2024 $1,785,000 1,456 2 $1225.96 Colonial 1983 3 1 1 2844 Electric 0.55 Asph/F Gls/Cmp $429,000 $893,300 $2,000 $1,324,300
B) 11 Deacon Vincent Way 0.7 8/12/2024 $1,675,000 1,250 2 $1340.00 Colonial 1986 4 1 1 2937 Electric 0.5 Asph/F Gls/Cmp $394,200 $888,500 $700 $1,283,400
C) 34 Knoll Drive 0.8 8/13/2024 $1,625,000 1,279 1 $1270.52 Cape Cod 1971 3 1 0 3512 Electric 0.36 Asph/F Gls/Cmp $495,000 $812,100 $2,200 $1,309,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 10 Hotchkiss Lane 9/11/2020 $900,000 0 Colonial 1,320 0.61 3 2-0 -
  Criteria
A 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.7 Colonial 1,456 0.55 3 1-1
B 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.7 Colonial 1,250 0.5 4 1-1
C 34 Knoll Drive 8/13/2024 $1,625,000 0.8 Cape Cod 1,279 0.36 3 1-0
Averages 43 days $1,695,000 0.73 --- 1,328 0.47 --- ---  

Estimation of Market Value - $1,481,346

As of today, 10/04/2024, the estimated market value of 10 Hotchkiss Lane, Edgartown considering the above 3 comparable properties is $1,481,346.

 

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
@ 10 Hotchkiss Lane 9/11/2020 $900,000 0 Colonial 1,320 0.61 3 2-0 -
  Criteria
A 63 Road to the Plains 12/8/2020 $0 0.0 Modern/Contemporary 1,490 0.52 3 2-0
B 65 Road to the Plains 1/10/2022 $2,500,000 0.0 Cape Cod 1,512 0.63 3 2-1
C 6 Hotchkiss Lane 12/19/2007 $1 0.0 Colonial 1,200 0.56 3 2-0
D 12 Hotchkiss Lane 12/12/2017 $1 0.0 Colonial 1,320 0.67 3 2-0
E 9 Hotchkiss Lane 12/21/2012 $1,800,000 0.0 Custom 3,753 0.76 3 3-2
F 61 Road to the Plains 9/14/2016 $1 0.0 Vacant Land 1 -
G 159 Meetinghouse Way 3/21/1997 $216,000 0.1 Modern/Contemporary 1,490 0.66 3 2-0
H 7 Hotchkiss Lane 9/11/2009 $1,100,000 0.1 Ranch 2,652 0.76 3 3-1
I 11 Hotchkiss Lane 5/3/2012 $1 0.1 Cape Cod 2,113 0.76 3 2-0
J 2 Hotchkiss Lane 12/3/2021 $1 0.1 Modern/Contemporary 1,610 0.6 4 2-0
K 13 Hotchkiss Lane 11/15/1996 $63,000 0.1 Cape Cod 2,328 0.74 3 2-1
L 5 Hotchkiss Lane 11/15/1996 $185,900 0.1 Modern/Contemporary 1,502 0.75 3 2-0
M 64 Road to the Plains 10/8/2021 $1,150,000 0.1 Modern/Contemporary 1,020 0.59 3 2-0
N 4 Wilsons Lane 5/13/2008 $1 0.1 Vacant Land 0.85 -
O 62 Road to the Plains 5/14/2012 $1 0.1 Standard Plus 1,352 0.61 3 1-0
P 3 Hotchkiss Lane 6/23/1995 $1 0.1 Modern/Contemporary 1,512 0.76 3 2-0
Q 4 Court Street 9/11/1995 $152,250 0.1 Standard Plus 1,308 0.61 3 1-1
R 1 Hotchkiss Lane 1/13/2009 $1 0.1 Standard Plus 1,917 0.69 3 2-0
S 3 Wilsons Lane 4/17/2018 $1 0.1 Cape Cod 2,028 0.87 3 2-1
T 1 Wilsons Lane 3/9/2012 $1 0.1 Vacant Land 0.82 -
U 6 Court Street 3/5/2019 $1 0.1 Cape Cod 1,609 0.76 3 2-0
V 165 Meetinghouse Way 5/4/1937 $0 0.1 Pre-Eng Garage 3.4 2-
W 3 Court Street 2/12/2010 $535,000 0.1 Standard Plus 1,556 0.51 4 2-0
Averages 6292 days $334,877 0.07 --- 1,447 0.82 --- ---  
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
37 48 15 10 Hotchkiss Lane