5 Katama Drive, Edgartown, MA 02539

Owner Information
Owner 1
Robert J Sheehan
Owner 2
Katherine M Sheehan
Owner's Address
18 First St Albany, NY 12210
Market Sale Information
Most recent sale date
11/19/2004
Previous sale date
7/3/1990
Transfer document #
1022-0615
Previous transfer document
0542-0855
Grantor
Stephen Dourian
Previous grantor
Rena D Firth
Most recent sale price
$900,000.00
Previous sale price
$67,500.00
Site Information
Property ID
45-48
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1990
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2527
Number of Kitchen
Gross Living Area
4966
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$726,600.00
Total value
$1,666,300.00
Building value
$934,700.00
Estimated tax
$4,249.00
Yard improvement value
$5,000.00
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 Katama Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $356.15 Style Cape Cod Age 1990 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4966 Heating Fuel Oil Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $934,700.00 AEM Value - Land $726,600.00 AEM Value - Other $5,000.00 AEM Value - Total $1,666,300.00
A) 14 Muskoday Lane 0.3 9/16/2024 $2,300,000 2,327 1.75 $988.40 Cape Cod 1987 4 2 0 5662 Electric 0.52 Asph/F Gls/Cmp $1,126,900 $731,500 $1,500 $1,859,900
B) 10 Gerts Way 0.8 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
@ 5 Katama Drive 11/19/2004 $900,000 0 Cape Cod 2,527 0.46 3 2-0 -
  Criteria
A 14 Muskoday Lane 9/16/2024 $2,300,000 0.3 Cape Cod 2,327 0.52 4 2-0
B 10 Gerts Way 6/14/2024 $2,315,000 0.8 Colonial 2,404 0.5 4 2-1
Averages 60 days $2,307,500 0.59 --- 2,366 0.51 --- ---  

Estimation of Market Value - $2,323,947

As of today, 09/28/2024, the estimated market value of 5 Katama Drive, Edgartown considering the above 2 comparable properties is $2,323,947.

 

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 Katama Drive 11/19/2004 $900,000 0 Cape Cod 2,527 0.46 3 2-0 -
  Criteria
A 7 Katama Drive 2/9/2024 $4,465,000 0.0 Standard Plus 3,116 0.46 3 3-1
B 2 Beach Plum Meadows 4/19/2016 $2,300,000 0.0 Custom 1.5 4 4-1
C 4 Beach Plum Meadows 6/29/2012 $2,460,000 0.0 Custom 1.73 4 4-2
D 4 Katama Drive 7/23/2007 $1 0.0 Ranch 1,632 0.92 4 3-0
E 6 Katama Drive 5/24/2004 $1 0.1 Vacant Land 1.4 -
F 11 Katama Drive 10/30/2020 $1,800,000 0.1 Standard Plus 3,416 1.38 3 2-2
G 2 Katama Drive 1/4/2019 $1,225,000 0.1 Colonial 1,992 0.67 3 2-0
H 8 Beach Plum Meadows 3/10/2021 $1 0.1 Custom 2,961 1.65 3 3-1
I 8 Hillman Drive 11/29/2000 $370,000 0.1 Ranch 1,422 0.92 4 2-0
J 12 Hillman Drive 5/24/2004 $1 0.1 Modern/Contemporary 1,290 1.4 2 1-1
K 5 Beach Plum Meadows 5/22/2017 $3,400,000 0.1 Standard Plus 3,150 1.66 3 2-1
L 10 Katama Drive 11/30/2021 $1 0.1 Ranch 936 1.38 2 1-0
M 2 Hillman Drive 10/2/2000 $1 0.1 Cape Cod 1,548 1 2 2-1
N 3 Beach Plum Meadows 7/10/2020 $2,900,000 0.1 Custom 4,896 1.5 4 4-1
O 15 Katama Drive 1/4/2022 $10 0.1 Custom 2,190 0.92 3 2-1
P 16 Hillman Drive 3/20/2015 $585,000 0.1 Ranch 1,324 0.46 3 2-0
Q 12 Beach Plum Meadows 6/27/2019 $1 0.1 Custom 3,717 1.65 4 3-1
R 18 Hillman Drive 5/15/2006 $650,000 0.1 Cape Cod 1,440 0.46 3 2-0
Averages 3867 days $1,119,723 0.08 --- 1,946 1.17 --- ---  
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 48 5 Katama Drive