5 Young Street, Edgartown, MA 02539

Owner Information
Owner 1
Susan J Bromberg
Owner 2
Owner's Address
21 Wingate Road Providence, RI 02906
Market Sale Information
Most recent sale date
3/23/2016
Previous sale date
10/7/1988
Transfer document #
1401-0204
Previous transfer document
00508-0711
Grantor
Howard Bromberg
Previous grantor
James R Connell
Most recent sale price
$1.00
Previous sale price
$230,000.00
Site Information
Property ID
45-2
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
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
1550
Number of Kitchen
Gross Living Area
1858
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
$885,000.00
Total value
$1,294,800.00
Building value
$408,700.00
Estimated tax
$3,301.00
Yard improvement value
$1,100.00
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 5 Young Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1986 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 1858 Heating Fuel Electric Detached Garage Lot Size 0.56 Roof Cover Asph/F Gls/Cmp AEM Value - Building $408,700.00 AEM Value - Land $885,000.00 AEM Value - Other $1,100.00 AEM Value - Total $1,294,800.00
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) 34 Knoll Drive 0.7 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
C) 15 Deacon Vincent Way 0.8 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
D) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Young Street 3/23/2016 $1 0 Colonial 1,550 0.56 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 34 Knoll Drive 8/13/2024 $1,625,000 0.7 Cape Cod 1,279 0.36 3 1-0
C 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.8 Colonial 1,456 0.55 3 1-1
D 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.8 Colonial 1,250 0.5 4 1-1
Averages 65 days $1,746,250 0.66 --- 1,462 0.48 --- ---  

Estimation of Market Value - $1,771,911

As of today, 09/27/2024, the estimated market value of 5 Young Street, Edgartown considering the above 4 comparable properties is $1,771,911.

 

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
@ 5 Young Street 3/23/2016 $1 0 Colonial 1,550 0.56 3 2-0 -
  Criteria
A 2 Wilsons Lane 5/2/2006 $1 0.0 Vacant Land 0.86 -
B 32 West Street 2/10/2021 $2,000,000 0.0 Vacant Land 1.62 -
C 9 Young Street 10/13/2005 $717,500 0.0 Modern/Contemporary 2,362 0.53 3 3-0
D 4 Young Street 5/14/2010 $560,000 0.0 Standard Plus 2,050 0.61 3 2-0
E 8 Young Street 11/1/2013 $1 0.0 Ranch 1,788 0.57 4 2-0
F 2 Young Street 6/18/2001 $341,750 0.1 Ranch 1,607 0.54 3 3-1
G 28 West Street 5/23/2017 $3,639,000 0.1 Custom 4,782 1.51 4 4-3
H 5 Crafts Field Way 11/19/2019 $1 0.1 Custom 2,846 0.56 3 3-1
I 9 Crafts Field Way 6/12/2009 $600,000 0.1 Ranch 2,201 0.51 3 2-1
J 11 Young Street 10/15/1999 $302,500 0.1 Modern/Contemporary 1,248 0.53 2 2-0
K 24 West Street 7/8/2016 $1 0.1 Custom 1.51 3 5-1
L 14 Young Street 2/2/2021 $0 0.1 Modern/Contemporary 1,428 0.68 3 3-0
M 6 Proprietors Road 11/16/2017 $1,124,500 0.1 Cape Cod 3,254 0.58 3 3-1
N 15 Crafts Field Way 4/10/2018 $1 0.1 Standard Plus 1,672 0.68 3 2-0
O 4 Crafts Field Way 2/25/1986 $1 0.1 Cape Cod 1,686 0.53 3 2-0
P 10 Crafts Field Way 3/6/2020 $1 0.1 Cape Cod 1,624 0.51 3 2-0
Q 13 Young Street 9/15/2022 $2,175,000 0.1 Custom 2,208 0.7 3 2-1
R 2 Crafts Field Way 12/31/1996 $1 0.1 Standard Plus 1,849 0.61 4 2-1
S 17 Motick Trail 12/2/2015 $3,600,000 0.1 Custom 1.58 4 4-2
T 15 Old Dunhams Corner Way 4/27/2021 $1 0.1 Standard Plus 2,650 0.83 4 4-1
U 22 West Street 10/4/2011 $2,143,000 0.1 Standard Plus 1.51 4 4-2
V 14 Crafts Field Way 12/11/2020 $1,670,000 0.1 Cape Cod 2,778 0.54 3 2-0
W 17 Old Dunhams Corner Way 3/1/2006 $1 0.1 Standard Plus 1,751 0.79 4 2-0
X 8 Vincent Way 1/20/2009 $1 0.1 Cape Cod 1,650 0.75 3 2-1
Y 89 Slough Cove Road 10/14/1997 $324,000 0.1 Standard Plus 2,136 0.5 4 2-1
Z 19 Old Dunhams Corner Way 1/5/2005 $1 0.1 Standard Plus 1,960 0.84 3 2-1
- 17 Thaxter Lane 2/18/2020 $1,700,000 0.1 Standard Plus 3,680 0.52 4 3-0
Averages 4799 days $773,973 0.08 --- 1,823 0.8 --- ---  
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
45 2 5 Young Street