16 Majors Cove Lane, Edgartown, MA 02539

16 Majors Cove Lane Edgartown MA 02539
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Owner Information
Owner 1
James T McCone
Owner 2
Margaret A McCone
Owner's Address
94 Thistle Patch Way Hingham, MA 02043
Market Sale Information
Most recent sale date
7/16/2020
Previous sale date
1/24/1997
Transfer document #
81-87
Previous transfer document
0051-0291
Grantor
James T McCone
Previous grantor
Farida Maneckshana
Most recent sale price
$1.00
Previous sale price
$227,000.00
Site Information
Property ID
7-2-13
Lot Size
0.68
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1965
Number of Kitchen
Gross Living Area
4498
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
Electr Basebrd
Roof Cover
Wood Shingle
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$582,200.00
Total value
$1,409,200.00
Building value
$822,900.00
Estimated tax
$3,593.00
Yard improvement value
$4,100.00
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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 16 Majors Cove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1986 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4498 Heating Fuel Electric Detached Garage Lot Size 0.68 Roof Cover Wood Shingle AEM Value - Building $822,900.00 AEM Value - Land $582,200.00 AEM Value - Other $4,100.00 AEM Value - Total $1,409,200.00
A) 13 Saddle Club Road 0.8 5/29/2024 $1,250,000 1,729 1.75 $722.96 Cape Cod 1988 5 3 2 0 3508 Electric 0.5 Asph/F Gls/Cmp $698,400 $318,000 $2,500 $1,018,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Majors Cove Lane 7/16/2020 $1 0 Cape Cod 1,965 0.68 3 2-0 -
  Criteria
A 13 Saddle Club Road 5/29/2024 $1,250,000 0.8 Cape Cod 1,729 0.5 3 2-0
Averages 165 days $1,250,000 0.83 --- 1,729 0.5 --- ---  

Estimation of Market Value - $1,574,722

As of today, 11/10/2024, the estimated market value of 16 Majors Cove Lane, Edgartown considering the above 1 comparable properties is $1,574,722.

 

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
@ 16 Majors Cove Lane 7/16/2020 $1 0 Cape Cod 1,965 0.68 3 2-0 -
  Criteria
A 20 Majors Cove Lane 3/25/2021 $899,000 0.0 Modern/Contemporary 1,472 0.68 4 2-0
B 12 Majors Cove Lane 12/10/2021 $1,385,000 0.0 Cape Cod 1,882 0.66 4 2-1
C 37 Windsor Drive 1/29/1980 $1 0.0 Vacant Land 0.51 -
D 22 Majors Cove Lane 9/14/1990 $205,000 0.0 Cape Cod 1,704 0.71 3 2-0
E 5 Myober Lane 8/21/2006 $1 0.0 Cape Cod 1,560 0.55 3 2-0
F 17 Majors Cove Lane 7/12/2022 $1 0.1 Cape Cod 2,308 0.55 6 4-0
G 2 Windsor Drive 6/16/2015 $554,000 0.1 Colonial 1,828 0.55 4 2-0
H 1 Dodgers Hole Road 9/27/2018 $500,400 0.1 Cape Cod 1,512 0.5 4 2-0
I 10 Majors Cove Lane 3/8/2021 $1,860,000 0.1 Standard Plus 2,812 0.79 4 4-1
J 19 Majors Cove Lane 8/9/2019 $835,000 0.1 Colonial 1,655 0.55 3 2-0
K 3 Dodgers Hole Road 2/3/2015 $480,000 0.1 Cape Cod 1,148 0.5 3 2-0
L 11 Myober Lane 12/31/2009 $1 0.1 Modern/Contemporary 1,135 0.55 4 2-1
M 2 Dodgers Hole Road 6/22/2001 $3,061 0.1 Vacant Land 0.5 -
N 11 Majors Cove Lane 12/22/2020 $1,239,500 0.1 Modern/Contemporary 1,288 0.79 4 3-1
O 4 Windsor Drive 4/16/1999 $220,000 0.1 Cape Cod 1,888 0.51 3 2-0
P 2 Bachelder Avenue 5/18/1998 $180,000 0.1 Cape Cod 1,546 1 4 2-0
Q 39 Windsor Drive 1/29/1980 $1 0.1 Vacant Land 0.4 -
R 4 Dodgers Hole Road 3/13/2017 $1 0.1 Cape Cod 1,456 0.5 3 2-0
S 21 Majors Cove Lane 12/8/2017 $1,035,000 0.1 Standard Plus 1,270 0.55 4 3-0
T 1 Windsor Drive 3/28/2003 $477,000 0.1 Modern/Contemporary 1,562 0.52 3 2-0
U 9 Majors Cove Lane 3/30/2005 $1 0.1 Standard Plus 1.2 5 3-0
V 1 Eagles Nest 6/15/2005 $539,000 0.1 Colonial 1,066 0.52 3 1-1
W 15 Myober Lane 10/27/2017 $1,550,000 0.1 Standard Plus 2,818 0.55 4 3-1
X 6 Dodgers Hole Road 2/24/1998 $164,000 0.1 Colonial 1,209 0.5 3 2-0
Y 5 Dodgers Hole Road 9/4/2015 $308,030 0.1 Ranch 1,344 0.5 3 2-0
Z 7 Majors Cove Lane 11/16/2021 $1 0.1 Colonial 1,718 0.98 3 2-1
- 6 Windsor Drive 7/27/2012 $1 0.1 Vacant Land 0.53 -
- 834 Edgartown Vh Road 6/22/2001 $24,361 0.1 Vacant Land 0.5 -
- 6 Majors Cove Lane 5/25/2022 $769,500 0.1 Vacant Land 0.76 -
- 3 Eagles Nest 11/10/2015 $1 0.1 Standard Plus 1,920 0.51 3 2-1
- 5 Windsor Drive 3/22/2023 $960,000 0.1 Modern/Contemporary 1,038 0.51 3 2-0
- 23 Majors Cove Lane 8/26/2022 $2,125,000 0.1 Cape Cod 3,050 0.56 4 4-0
- 1 Majors Cove Lane 1/14/2020 $1 0.1 Modern/Contemporary 2,452 0.82 3 2-0
- 3 Mockingbird Drive 12/23/2013 $634,900 0.1 Colonial 2,688 0.5 3 2-0
- 2 Eagles Nest 10/23/2007 $1 0.1 Cape Cod 1,778 0.53 3 2-0
Averages 5053 days $484,222 0.08 --- 1,403 0.61 --- ---  
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
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