5 Hotchkiss Lane, Edgartown, MA 02539

5 Hotchkiss Lane Edgartown MA 02539
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Michael Frick & Margaret S
Owner 2
Owner's Address
16410 Millstone Cir # 107 Fort Myers, FL 33908
Market Sale Information
Most recent sale date
11/15/1996
Previous sale date
1/3/1986
Transfer document #
0688-0528
Previous transfer document
0440-0340
Grantor
Robt A George
Previous grantor
Paul Gauthier
Most recent sale price
$185,900.00
Previous sale price
$36,000.00
Site Information
Property ID
37-48-4
Lot Size
0.75
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Modern/Contemporary
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1502
Number of Kitchen
Gross Living Area
2626
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
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
$586,500.00
Total value
$980,400.00
Building value
$393,900.00
Estimated tax
$2,500.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 5 Hotchkiss Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $123.77 Style Modern/Contemporary Age 1986 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2626 Heating Fuel Electric Detached Garage Lot Size 0.75 Roof Cover Asph/F Gls/Cmp AEM Value - Building $393,900.00 AEM Value - Land $586,500.00 AEM Value - Other $0.00 AEM Value - Total $980,400.00
A) 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 $856,000 $571,800 $0 $1,427,800
B) 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
C) 11 Deacon Vincent Way 0.8 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
D) 34 Knoll Drive 0.9 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
@ 5 Hotchkiss Lane 11/15/1996 $185,900 0 Modern/Contemporary 1,502 0.75 3 2-0 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.4 Standard Plus 1,862 0.51 4 2-1
B 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.7 Colonial 1,456 0.55 3 1-1
C 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.8 Colonial 1,250 0.5 4 1-1
D 34 Knoll Drive 8/13/2024 $1,625,000 0.9 Cape Cod 1,279 0.36 3 1-0
Averages 72 days $1,746,250 0.70 --- 1,462 0.48 --- ---  

Estimation of Market Value - $1,537,798

As of today, 10/04/2024, the estimated market value of 5 Hotchkiss Lane, Edgartown considering the above 4 comparable properties is $1,537,798.

 

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
@ 5 Hotchkiss Lane 11/15/1996 $185,900 0 Modern/Contemporary 1,502 0.75 3 2-0 -
  Criteria
A 3 Hotchkiss Lane 6/23/1995 $1 0.0 Modern/Contemporary 1,512 0.76 3 2-0
B 7 Hotchkiss Lane 9/11/2009 $1,100,000 0.0 Ranch 2,652 0.76 3 3-1
C 1 Hotchkiss Lane 1/13/2009 $1 0.0 Standard Plus 1,917 0.69 3 2-0
D 6 Hotchkiss Lane 12/19/2007 $1 0.0 Colonial 1,200 0.56 3 2-0
E 2 Hotchkiss Lane 12/3/2021 $1 0.1 Modern/Contemporary 1,610 0.6 4 2-0
F 9 Hotchkiss Lane 12/21/2012 $1,800,000 0.1 Custom 3,753 0.76 3 3-2
G 145 Meetinghouse Way 9/14/2016 $740,000 0.1 Modern/Contemporary 1,942 0.85 3 2-0
H 10 Hotchkiss Lane 9/11/2020 $900,000 0.1 Colonial 1,320 0.61 3 2-0
I 159 Meetinghouse Way 3/21/1997 $216,000 0.1 Modern/Contemporary 1,490 0.66 3 2-0
J 65 Road to the Plains 1/10/2022 $2,500,000 0.1 Cape Cod 1,512 0.63 3 2-1
K 11 Hotchkiss Lane 5/3/2012 $1 0.1 Cape Cod 2,113 0.76 3 2-0
L 63 Road to the Plains 12/8/2020 $0 0.1 Modern/Contemporary 1,490 0.52 3 2-0
M 12 Hotchkiss Lane 12/12/2017 $1 0.1 Colonial 1,320 0.67 3 2-0
N 13 Hotchkiss Lane 11/15/1996 $63,000 0.1 Cape Cod 2,328 0.74 3 2-1
O 61 Road to the Plains 9/14/2016 $1 0.1 Vacant Land 1 -
Averages 4697 days $487,934 0.07 --- 1,744 0.7 --- ---  
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 4 5 Hotchkiss Lane