7 Hotchkiss Lane, Edgartown, MA 02539

7 Hotchkiss Lane Edgartown MA 02539
Owner Information
Owner 1
7 Hotchkiss Lane LLC
Owner 2
Owner's Address
C/O S Greenfield, 45 East 85Th St Apt 5E New York, NY 10028
Market Sale Information
Most recent sale date
9/11/2009
Previous sale date
8/7/2008
Transfer document #
1191-0889
Previous transfer document
1157-0572
Grantor
Constantine B Odoherty
Previous grantor
Michael Frick
Most recent sale price
$1,100,000.00
Previous sale price
$350,000.00
Site Information
Property ID
37-48-5
Lot Size
0.76
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
2
Stories
1
Number of Beds
3
Year Built
2008
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2652
Number of Kitchen
Gross Living Area
6932
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
2024
Land Value
$587,100.00
Total value
$2,349,600.00
Building value
$1,759,900.00
Estimated tax
$5,991.00
Yard improvement value
$2,600.00
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 7 Hotchkiss Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $414.78 Style Ranch Age 2008 Rooms 2 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 6932 Heating Fuel Gas Detached Garage Lot Size 0.76 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,759,900.00 AEM Value - Land $587,100.00 AEM Value - Other $2,600.00 AEM Value - Total $2,349,600.00
A) 10 Gerts Way 0.4 6/14/2024 $2,315,000 2,404 2 $962.98 Colonial 1987 4 2 1 4583 Gas 0.5 Asph/F Gls/Cmp $925,700 $729,900 $7,400 $1,663,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Hotchkiss Lane 9/11/2009 $1,100,000 0 Ranch 2,652 0.76 3 3-1 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.4 Colonial 2,404 0.5 4 2-1
Averages 25 days $2,315,000 0.43 --- 2,404 0.5 --- ---  

Estimation of Market Value - $2,912,304

As of today, 07/08/2024, the estimated market value of 7 Hotchkiss Lane, Edgartown considering the above 1 comparable properties is $2,912,304.

 

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
@ 7 Hotchkiss Lane 9/11/2009 $1,100,000 0 Ranch 2,652 0.76 3 3-1 -
  Criteria
A 9 Hotchkiss Lane 12/21/2012 $1,800,000 0.0 Custom 3,753 0.76 3 3-2
B 5 Hotchkiss Lane 11/15/1996 $185,900 0.0 Modern/Contemporary 1,502 0.75 3 2-0
C 6 Hotchkiss Lane 12/19/2007 $1 0.0 Colonial 1,200 0.56 3 2-0
D 10 Hotchkiss Lane 9/11/2020 $900,000 0.1 Colonial 1,320 0.61 3 2-0
E 3 Hotchkiss Lane 6/23/1995 $1 0.1 Modern/Contemporary 1,512 0.76 3 2-0
F 11 Hotchkiss Lane 5/3/2012 $1 0.1 Cape Cod 2,113 0.76 3 2-0
G 2 Hotchkiss Lane 12/3/2021 $1 0.1 Modern/Contemporary 1,610 0.6 4 2-0
H 1 Hotchkiss Lane 1/13/2009 $1 0.1 Standard Plus 1,917 0.69 3 2-0
I 65 Road to the Plains 1/10/2022 $2,500,000 0.1 Cape Cod 1,512 0.63 3 2-1
J 159 Meetinghouse Way 3/21/1997 $216,000 0.1 Modern/Contemporary 1,490 0.66 3 2-0
K 13 Hotchkiss Lane 11/15/1996 $63,000 0.1 Cape Cod 2,328 0.74 3 2-1
L 12 Hotchkiss Lane 12/12/2017 $1 0.1 Colonial 1,320 0.67 3 2-0
M 63 Road to the Plains 12/8/2020 $0 0.1 Modern/Contemporary 1,490 0.52 3 2-0
N 145 Meetinghouse Way 9/14/2016 $740,000 0.1 Modern/Contemporary 1,942 0.85 3 2-0
O 61 Road to the Plains 9/14/2016 $1 0.1 Vacant Land 1 -
P 4 Wilsons Lane 5/13/2008 $1 0.1 Vacant Land 0.85 -
Q 3 Wilsons Lane 4/17/2018 $1 0.1 Cape Cod 2,028 0.87 3 2-1
Averages 4823 days $376,759 0.07 --- 1,590 0.72 --- ---  
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 5 7 Hotchkiss Lane