7 Katama Drive, Edgartown, MA 02539

Owner Information
Owner 1
Lewis Real Estate Services LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
2/9/2024
Previous sale date
7/28/2015
Transfer document #
1674-641
Previous transfer document
1382-0110
Grantor
Dale Hamson
Previous grantor
Stephen H Dourian
Most recent sale price
$4,465,000.00
Previous sale price
$1,432,500.00
Site Information
Property ID
45-49
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Standard Plus
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2008
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3116
Number of Kitchen
Gross Living Area
6904
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
2023
Land Value
$737,200.00
Total value
$2,816,500.00
Building value
$2,079,300.00
Estimated tax
$7,097.00
Yard improvement value
$0.00
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 Katama Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,432.93 Style Standard Plus Age 2008 Rooms Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 6904 Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,079,300.00 AEM Value - Land $737,200.00 AEM Value - Other $0.00 AEM Value - Total $2,816,500.00
A) 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 $950,400 $740,700 $0 $1,691,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Katama Drive 2/9/2024 $4,465,000 0 Standard Plus 3,116 0.46 3 3-1 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.8 Colonial 2,404 0.5 4 2-1
Averages 12 days $2,315,000 0.82 --- 2,404 0.5 --- ---  

Estimation of Market Value - $3,428,118

As of today, 06/26/2024, the estimated market value of 7 Katama Drive, Edgartown considering the above 1 comparable properties is $3,428,118.

 

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 Katama Drive 2/9/2024 $4,465,000 0 Standard Plus 3,116 0.46 3 3-1 -
  Criteria
A 5 Katama Drive 11/19/2004 $900,000 0.0 Cape Cod 2,527 0.46 3 2-0
B 11 Katama Drive 10/30/2020 $1,800,000 0.0 Standard Plus 3,416 1.38 3 2-2
C 6 Katama Drive 5/24/2004 $1 0.0 Vacant Land 1.4 -
D 2 Beach Plum Meadows 4/19/2016 $2,300,000 0.1 Custom 1.5 4 4-1
E 4 Beach Plum Meadows 6/29/2012 $2,460,000 0.1 Custom 1.73 4 4-2
F 8 Beach Plum Meadows 3/10/2021 $1 0.1 Custom 2,961 1.65 3 3-1
G 4 Katama Drive 7/23/2007 $1 0.1 Ranch 1,632 0.92 4 3-0
H 10 Katama Drive 11/30/2021 $1 0.1 Ranch 936 1.38 2 1-0
I 2 Katama Drive 1/4/2019 $1,225,000 0.1 Colonial 1,992 0.67 3 2-0
J 12 Hillman Drive 5/24/2004 $1 0.1 Modern/Contemporary 1,290 1.4 2 1-1
K 15 Katama Drive 1/4/2022 $10 0.1 Custom 2,190 0.92 3 2-1
L 8 Hillman Drive 11/29/2000 $370,000 0.1 Ranch 1,422 0.92 4 2-0
M 5 Beach Plum Meadows 5/22/2017 $3,400,000 0.1 Standard Plus 3,150 1.66 3 2-1
N 16 Hillman Drive 3/20/2015 $585,000 0.1 Ranch 1,324 0.46 3 2-0
O 3 Beach Plum Meadows 7/10/2020 $2,900,000 0.1 Custom 4,896 1.5 4 4-1
P 12 Beach Plum Meadows 6/27/2019 $1 0.1 Custom 3,717 1.65 4 3-1
Q 2 Hillman Drive 10/2/2000 $1 0.1 Cape Cod 1,548 1 2 2-1
R 18 Hillman Drive 5/15/2006 $650,000 0.1 Cape Cod 1,440 0.46 3 2-0
S 12 Katama Drive 6/23/2009 $1 0.1 Cape Cod 1,650 0.46 3 3-0
T 9 Beach Plum Meadows 10/2/2007 $1 0.1 Custom 1.65 4 3-2
U 19 Katama Drive 9/19/2008 $900,000 0.1 Colonial 1,188 0.76 2 2-0
V 20 Hillman Drive 7/10/2008 $1 0.1 Cape Cod 1,196 0.46 3 2-0
W 11 Hillman Drive 5/24/2004 $1 0.1 Cape Cod 1,335 0.92 3 2-0
Averages 4585 days $760,436 0.08 --- 1,731 1.1 --- ---  
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 49 7 Katama Drive