21 Majors Cove Lane, Edgartown, MA 02539

21 Majors Cove Lane Edgartown MA 02539
Owner Information
Owner 1
Geoffrey D Garin
Owner 2
Deborah E Berkowitz
Owner's Address
4798 Jamestown Road Bethesda, MD 20816
Market Sale Information
Most recent sale date
12/8/2017
Previous sale date
9/27/1984
Transfer document #
0078-0201
Previous transfer document
00032-0353
Grantor
Edward T Wood
Previous grantor
Constantine A Pappas
Most recent sale price
$1,035,000.00
Previous sale price
$215,000.00
Site Information
Property ID
7-2-21
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Standard Plus
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1982
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1270
Number of Kitchen
Gross Living Area
3506
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
Cedar or Redwd
Assessment Information
Fiscal Year
2024
Land Value
$631,800.00
Total value
$1,393,500.00
Building value
$759,300.00
Estimated tax
$3,553.00
Yard improvement value
$2,400.00
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 21 Majors Cove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $814.96 Style Standard Plus Age 1982 Rooms Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 3506 Heating Fuel Electric Detached Garage Lot Size 0.55 Roof Cover Wood Shingle AEM Value - Building $759,300.00 AEM Value - Land $631,800.00 AEM Value - Other $2,400.00 AEM Value - Total $1,393,500.00
A) 23 Edgewood Drive 0.5 6/14/2024 $1,245,000 1,439 2 $865.18 Cape Cod 1986 6 3 2 0 2836 Electric 0.51 Asph/F Gls/Cmp $548,300 $334,400 $3,600 $886,300
B) 46 Windsor Drive 0.5 5/6/2024 $1,195,000 1,520 1.75 $786.18 Cape Cod 1987 5 3 2 0 2572 Electric 0.52 Asph/F Gls/Cmp $538,600 $336,600 $700 $875,900
C) 61 Dodgers Hole Road 0.5 9/3/2024 $686,000 1,392 2 $492.82 Colonial 1987 5 3 2 0 3212 Oil 0.51 Asph/F Gls/Cmp $446,900 $335,000 $1,700 $783,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Majors Cove Lane 12/8/2017 $1,035,000 0 Standard Plus 1,270 0.55 4 3-0 -
  Criteria
A 23 Edgewood Drive 6/14/2024 $1,245,000 0.5 Cape Cod 1,439 0.51 3 2-0
B 46 Windsor Drive 5/6/2024 $1,195,000 0.5 Cape Cod 1,520 0.52 3 2-0
C 61 Dodgers Hole Road 9/3/2024 $686,000 0.5 Colonial 1,392 0.51 3 2-0
Averages 84 days $1,042,000 0.52 --- 1,450 0.51 --- ---  

Estimation of Market Value - $1,311,762

As of today, 09/20/2024, the estimated market value of 21 Majors Cove Lane, Edgartown considering the above 3 comparable properties is $1,311,762.

 

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
@ 21 Majors Cove Lane 12/8/2017 $1,035,000 0 Standard Plus 1,270 0.55 4 3-0 -
  Criteria
A 19 Majors Cove Lane 8/9/2019 $835,000 0.0 Colonial 1,655 0.55 3 2-0
B 15 Myober Lane 10/27/2017 $1,550,000 0.0 Standard Plus 2,818 0.55 4 3-1
C 23 Majors Cove Lane 8/26/2022 $2,125,000 0.0 Cape Cod 3,050 0.56 4 4-0
D 17 Majors Cove Lane 7/12/2022 $1 0.0 Cape Cod 2,308 0.55 6 4-0
E 11 Myober Lane 12/31/2009 $1 0.0 Modern/Contemporary 1,135 0.55 4 2-1
F 5 Myober Lane 8/21/2006 $1 0.1 Cape Cod 1,560 0.55 3 2-0
G 22 Majors Cove Lane 9/14/1990 $205,000 0.1 Cape Cod 1,704 0.71 3 2-0
H 20 Majors Cove Lane 3/25/2021 $899,000 0.1 Modern/Contemporary 1,472 0.68 4 2-0
I 24 Myober Lane 2/14/2000 $1,200,000 0.1 Standard Plus 2,348 1.8 4 4-1
J 12 Myober Lane 12/1/1979 $0 0.1 Vacant Land 0.39 -
K 0 Moffett Way 12/1/1979 $1 0.1 Vacant Land 99.1 -
L 16 Majors Cove Lane 7/16/2020 $1 0.1 Cape Cod 1,965 0.68 3 2-0
M 11 Majors Cove Lane 12/22/2020 $1,239,500 0.1 Modern/Contemporary 1,288 0.79 4 3-1
N 22 Myober Lane 6/12/2007 $1 0.1 Standard Plus 1,988 1.1 4 3-1
O 2 Bachelder Avenue 5/18/1998 $180,000 0.1 Cape Cod 1,546 1 4 2-0
P 14 Myober Lane 11/30/2021 $4,500,000 0.1 Custom 1.2 4 3-1
Q 10 Myober Lane 7/15/2009 $1 0.1 Standard Plus 2,619 1.2 4 2-1
R 12 Majors Cove Lane 12/10/2021 $1,385,000 0.1 Cape Cod 1,882 0.66 4 2-1
S 9 Majors Cove Lane 3/30/2005 $1 0.1 Standard Plus 1.2 5 3-0
T 25 Majors Cove Lane 1/13/2016 $1 0.1 Modern/Contemporary 1,801 1.5 5 3-0
U 37 Windsor Drive 1/29/1980 $1 0.1 Vacant Land 0.51 -
V 799 Edgartown Vh Road 3/31/1998 $150,000 0.1 Standard Basic 1,504 0.8 4 2-0
Averages 6183 days $648,569 0.08 --- 1,484 5.3 --- ---  
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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