38 North Water Street Unit C4, Edgartown, MA 02539

38 North Water Street Unit C4 Edgartown MA 02539
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Owner Information
Owner 1
Marthas Vineyard Colonial Inn LLC
Owner 2
Owner's Address
38 No Water St, Box 68 Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/10/2009
Previous sale date
3/4/1999
Transfer document #
1198-1034
Previous transfer document
0758-0096
Grantor
Ulf Edgartown LLC
Previous grantor
Most recent sale price
$2,050,000.00
Previous sale price
$5,500,000.00
Site Information
Property ID
20-D-216-C4
Lot Size
0
Use Code
322 - Discount and Department Stores
Zoning
B1
Building Style
Retail Condo
Number of Rooms
Stories
1
Number of Beds
Year Built
1910
Number of full baths
0
Condition
Number of half baths
0
Finished Area
834
Number of Kitchen
Gross Living Area
834
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Heating type
Hot Water
Roof Cover
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2023
Land Value
$0.00
Total value
$596,400.00
Building value
$596,400.00
Estimated tax
$1,502.00
Yard improvement value
$0.00
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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 38 North Water Street Unit C4 Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,458.03 Style Retail Condo Age 1910 Rooms Bedrooms Full baths 0 Half baths 0 Gross Living Area 834 Heating Fuel Oil Detached Garage Lot Size 0 Roof Cover AEM Value - Building $596,400.00 AEM Value - Land $0.00 AEM Value - Other $0.00 AEM Value - Total $596,400.00
A) 3 Winter Street 0.0 2/15/2024 $3,949,000 640 2 $6170.31 Retail Condo 1900 0 0 640 Electric 0 $456,700 $0 $0 $456,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 North Water Street Unit C4 12/10/2009 $2,050,000 0 Retail Condo 834 0 0-0 -
  Criteria
A 3 Winter Street 2/15/2024 $3,949,000 0.0 Retail Condo 640 0 0-0
Averages 87 days $3,949,000 0.01 --- 640 0 --- ---  

Estimation of Market Value - $5,151,500

As of today, 05/12/2024, the estimated market value of 38 North Water Street Unit C4, Edgartown considering the above 1 comparable properties is $5,151,500.

 

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
@ 38 North Water Street Unit C4 12/10/2009 $2,050,000 0 Retail Condo 834 0 0-0 -
  Criteria
A 9 Winter Street 5/5/2015 $861,600 0.0 Retail Condo 2,020 0 1-1
B 7 Winter Street 8/14/2009 $1 0.0 Retail Condo 245 0 1-1
C 5 Winter Street 4/2/1997 $235,000 0.0 Retail Condo 1,365 0 1-1
D 3 Winter Street 2/15/2024 $3,949,000 0.0 Retail Condo 640 0 0-0
E 32 North Water Street 2/15/2024 $3,949,000 0.0 Retail Condo 1,960 0 1-1
F 15 Winter Street Unit 1B 12/31/1985 $126,000 0.0 Retail Condo 396 0 0-0
G 15 Winter Street Unit 1A 12/31/1985 $131,000 0.0 Retail Condo 419 0 0-0
H 15 Winter Street Unit 2 6/29/1988 $142,000 0.0 Retail Condo 339 0 0-0
I 15 Winter Street Unit 3 2/14/2005 $440,000 0.0 Retail Condo 371 0 0-0
J 15 Winter Street Unit 4 2/14/2005 $440,000 0.0 Retail Condo 394 0 0-0
K 15 Winter Street Unit 5 12/31/1985 $1 0.0 Retail Condo 26 0 0-0
L 15 Winter Street Unit 6 2/14/2005 $440,000 0.0 Retail Condo 100 0 0-0
M 15 Winter Street Unit 7 2/14/2005 $440,000 0.0 Retail Condo 135 0 0-0
N 15 Winter Street Unit 8 12/9/2021 $1 0.0 Condo Office 915 0 0-0
O 15 Winter Street Unit 9 2/28/2023 $428,000 0.0 Condo Office 373 0 0-0
P 15 Winter Street Unit 10 12/17/2020 $300,000 0.0 Condo Office 372 0 0-0
Q 15 Winter Street Unit 11 11/24/2009 $170,000 0.0 Condo Office 396 0 0-0
R 44 North Water Street 9/6/2016 $3,750,000 0.0 Historical Custom 2,917 0.14 5 5-1
S 22 North Water Street 5/20/2014 $3,050,000 0.0 Inn/B+B 4,787 0.31 8 8-2
T 17 Winter Street Unit 12 12/10/2019 $446,500 0.0 Retail Condo 368 0 0-0
U 17 Winter Street Unit 13 12/31/1985 $131,000 0.0 Retail Condo 369 0 0-0
V 19 Winter Street Unit 14 12/31/2021 $1 0.0 Retail Condo 484 0 0-0
W 17 Winter Street Unit 27 1/22/2018 $237,000 0.0 Condo Office 386 0 0-0
X 17 Winter Street Unit 28 12/1/2015 $1 0.0 Condo Office 388 0 0-0
Y 19 Winter Street Unit 29 12/31/2021 $1 0.0 Condo Office 576 0 0-0
Z 27 North Water Street 2/19/1988 $0 0.0 Apt/Store 0.19 5-
- 30 Simpsons Lane 1/8/2009 $950,400 0.0 Colonial 4,590 0.12 4 4-1
- 23 Winter Street Unit 15 5/13/2016 $256,000 0.0 Retail Condo 373 0 0-0
- 23 Winter Street Unit 16 5/13/2016 $250,000 0.0 Retail Condo 426 0 0-0
- 23 Winter Street Unit 17 1/10/2006 $360,000 0.0 Retail Condo 432 0 0-0
- 23 Winter Street Unit 18 5/13/2016 $256,000 0.0 Retail Condo 0 0-0
- 23 Winter Street Unit 19 5/13/2016 $250,000 0.0 Retail Condo 0 0-0
- 23 Winter Street Unit 20 3/14/1985 $1 0.0 Retail Condo 0 0-0
- 23 Winter Street Unit 21 1/10/2006 $360,000 0.0 Retail Condo 0 0-0
- 23 Winter Street Unit 30 6/17/2016 $150,000 0.0 Condo Office 381 0 0-0
- 23 Winter Street Unit 31 8/8/2011 $275,000 0.0 Condo Office 428 0 0-0
- 23 Winter Street Unit 32 5/15/2001 $120,000 0.0 Condo Office 451 0 0-0
- 56 North Water Street 12/21/2018 $5,000,000 0.0 Inn/B+B 5,260 0.13 9 14-0
- 22 Winter Street 8/11/2017 $1 0.0 Inn/B+B 7,223 0.16 9 18-3
- 15 Simpsons Lane 8/3/2015 $1 0.0 Custom 2,252 0.15 4 2-0
- 21 North Water Street 8/19/1993 $269,653 0.0 Apt/Store 0.11 4-
- 29 Winter Street Unit 22 4/9/2019 $1 0.0 Retail Condo 402 0 0-0
- 29 Winter Street Unit 23 3/3/2017 $250,000 0.0 Retail Condo 357 0 0-0
- 29 Winter Street Unit 24 5/16/2022 $100 0.0 Retail Condo 353 0 0-0
- 29 Winter Street Unit 25 4/17/2014 $160,000 0.0 Retail Condo 343 0 0-0
- 29 Winter Street Unit 26 3/3/2017 $250,000 0.0 Retail Condo 126 0 0-0
- 29 Winter Street Unit 33 7/3/2012 $1 0.0 Condo Office 469 0 0-0
- 29 Winter Street Unit 34 7/3/2012 $1 0.0 Condo Office 288 0 0-0
- 29 Winter Street Unit 35 7/3/2012 $1 0.0 Condo Office 298 0 0-0
- 25 Simpsons Lane 4/28/2022 $2,900,000 0.0 Inn/B+B 2,388 0.2 5 5-0
- 17 North Water Street 10/25/1993 $1 0.0 Store 0.05 3-
- 24 Winter Street 4/1/1968 $0 0.0 Vacant Land 0.2 -
- 60 North Water Street 12/20/2018 $5,000,000 0.0 Vacant Land 0.23 -
- 58 North Water Street 3/23/2016 $1 0.0 Library 0.28 3-
- 29 Simpsons Lane 8/16/1999 $545,000 0.0 Custom 1,804 0.12 2 3-0
- 37 Simpsons Lane 12/10/2020 $2,595,000 0.0 Custom 1,698 0.08 3 3-1
- 0 Mayhew Lane 10/22/1959 $0 0.0 Outbuildings 0.31 -
- 51 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 3,246 0.23 9 9-0
- 24 Kelley Street 10/2/2020 $19,640,000 0.1 Hotel 0.58 9 9-
- 11 North Water Street 12/22/2011 $1,538,000 0.1 Restaurant 0.04 3-
- 30 Winter Street 10/2/2020 $19,640,000 0.1 Vacant Land 0.11 -
- 12 North Water Street 3/1/1946 $0 0.1 Apt/Store 0.72 6 4-
- 0 Mayhew Lane $0 0.1 Vacant Land 0.16 -
- 49 North Summer Street 7/15/2019 $2,925,000 0.1 Custom 2,284 0.1 5 4-1
- 41 Winter Street 12/20/2018 $1,500,000 0.1 Historical Custom 2,306 0.1 4 2-0
- 7 North Water Street 5/12/2021 $2,000,000 0.1 Apt/Store 0.03 2-
- 36 Winter Street Unit 3 2/21/2020 $1 0.1 Retail Condo 356 0 1-1
- 55 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 2,864 0.63 6 3-0
- 62 North Water Street 10/31/2013 $2,500,000 0.1 Historical Custom 0.3 9 8-4
- 5 North Water Street 11/25/2020 $5,720,000 0.1 Vacant Land 0.01 -
- 8 Mayhew Lane 11/20/1997 $4,420,927 0.1 Office/Retail 0.19 3-
- 61 North Summer Street 8/31/2010 $1 0.1 Historical Custom 2,143 0.11 5 2-1
- 69 North Summer Street 6/9/2004 $1 0.1 Ranch 840 0.24 2 1-1
- 18 Dock Street 2/10/1984 $780,000 0.1 Apt/Store 0.21 2 4-
- 19 Main Street 11/24/2020 $5,720,000 0.1 Office/Retail 0.12 2-
- 25 Main Street 12/27/2012 $1 0.1 Apt/Store 0.07 3 2-
- 65 North Summer Street 2/9/2018 $1 0.1 Custom 2,084 0.35 3 3-0
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 31 North Summer Street 3/16/2015 $1,350,000 0.1 Apt/Store 0.12 2-
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 66 North Water Street 12/16/2013 $2,828,000 0.1 Historical Custom 6,502 0.31 5 5-2
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 6 Kelley Street 10/2/2020 $19,640,000 0.1 Commercial 0.04 1-
- 45 Winter Street 12/23/2021 $4,600,000 0.1 Historical Custom 2,328 0.16 4 4-1
- 67 North Summer Street 6/9/2004 $1 0.1 Vacant Land 0.33 -
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 15 North Summer Street 3/21/2021 $100 0.1 Retail Condo 563 0 0-0
- 17 North Summer Street 3/5/2009 $175,000 0.1 Condominium 528 0 1 1-1
- 19 North Summer Street 8/31/2020 $1,770,000 0.1 Condominium 1,735 0 2 2-2
- 21 North Summer Street 7/20/2018 $2,100,000 0.1 Condominium 1,764 0 2 2-2
- 23 North Summer Street 12/21/2011 $1 0.1 Condominium 1,966 0 2 2-2
- 25 North Summer Street 3/2/2018 $248,287 0.1 Condominium 528 0 1 1-1
- 27 North Summer Street 8/3/2017 $365,000 0.1 Retail Condo 816 0 0-0
- 0 North Summer Street 12/21/2011 $1 0.1 Outbuildings 0 -
- 0 North Summer Street 7/20/2018 $2,100,000 0.1 Outbuildings 0 -
- 71 North Summer Street 6/15/2023 $2,495,000 0.1 Cape Cod 1,008 0.14 2 2-0
- 68 North Water Street 10/15/2021 $10,000,000 0.1 Historical Custom 660 0.31 2 1-1
- 20 Main Street 4/3/2015 $1 0.1 Apt/Store 0.02 2-
- 1 South Water Street 4/3/2015 $1 0.1 Apt/Store 0.05 0-
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 56 North Summer Street 9/15/2022 $100 0.1 Historical Custom 2,981 0.24 3 2-0
- 29 Dock Street 10/1/1978 $0 0.1 Fast Food Loc 0.02 2-
- 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
- 15 Dock Street 1/15/1993 $962,500 0.1 Apt/Store 0.21 1-
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 34 North Summer Street 9/1/1965 $0 0.1 Churches 0.24 1-
- 10 Daggett Street 4/19/1984 $1 0.1 Clubs/Lodges 0.2 3-
- 51 Winter Street 2/1/1978 $0 0.1 Clubs/Lodges 0.2 3 4-
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 62 North Summer Street 3/21/2003 $900,000 0.1 Cape Cod 3,809 0.12 4 3-1
- 70 North Water Street 5/12/2000 $1,250,000 0.1 Historical Custom 3,178 0.28 5 4-1
- 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
- 53 Main Street 4/3/2015 $1 0.1 Store 0.09 1-
- 2 Main Street 2/1/2005 $2,750,000 0.1 Restaurant 0.23 4-
- 36 Morse Street 11/5/2019 $4,113,000 0.1 Historical Custom 2,471 0.38 5 3-1
- 59 North Water Street 2/2/2004 $3,500,000 0.1 Historical Custom 0.41 9 9-0
- 28 Morse Street 2/5/2010 $1 0.1 Standard Basic 1,073 0.09 4 1-0
- 73 North Summer Street 1/2/2018 $375,000 0.1 Historical Custom 1,800 0.22 3 2-0
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 42 Main Street 7/20/2017 $1 0.1 Store 0.03 2-
- 64 North Summer Street 1/5/1984 $155,000 0.1 Cape Cod 1,170 0.15 1 1-0
- 55 Main Street 4/3/2015 $1 0.1 Restaurant 0.09 2-
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
- 18 North Summer Street 12/27/2012 $1 0.1 Apt/Store 0.19 1 2-
- 61 North Water Street 10/15/2021 $10,975,000 0.1 Historical Custom 3,547 0.4 5 4-0
- 12 North Summer Street 10/19/2021 $1 0.1 Apt/Store 0.05 2 2-
- 41 Dock Street 12/27/2013 $1 0.1 Store 0.1 1-
- 61 Simpsons Lane 10/19/2021 $1 0.1 Standard Basic 888 0.07 2 1-0
- 66 North Summer Street 1/5/1984 $155,000 0.1 Custom 2,435 0.12 4 2-0
- 26 North Summer Street 4/18/2023 $815,702 0.1 Historical Custom 2,982 0.33 5 4-1
- 31 Dock Street 8/25/2000 $2,100,000 0.1 Restaurant 0.24 3-
- 72 North Water Street 5/29/2007 $1 0.1 Historical Custom 3,431 0.3 5 3-1
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 50 Dock Street 3/21/1984 $1 0.1 Vacant Land 0.05 -
- 45 Dock Street 12/5/2008 $750,000 0.1 Commercial 0.03 1-
- 65 North Water Street 7/22/2020 $10 0.1 Historical Custom 0.31 4 4-1
- 63 Winter Street Unit 11 10/19/2004 $1 0.1 Condo Office 1,483 0 0-0
- 63 Winter Street Unit 12 10/19/2004 $1 0.1 Condo Office 1,805 0 0-0
- 61 Winter Street 6/10/2022 $1,100,000 0.1 Condominium 1,169 0 2 1-1
- 60 Winter Street 1/7/2011 $1 0.1 Apt/Office 0.18 2-
- 34 Morse Street 5/28/1993 $210,000 0.1 Colonial 1,491 0.13 4 3-1
- 61 Main Street 12/27/2012 $1 0.1 Apt/Store 0.12 4 2-
- 58 Dock Street 10/11/2005 $1 0.1 Commercial 0.04 1-
- 70 Simpsons Lane 5/6/2021 $10 0.1 Ranch 1,104 0.19 3 2-0
- 70 North Summer Street 5/20/2015 $1 0.1 Custom 1,830 0.14 4 2-0
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 26 Morse Street 2/5/2015 $1,812,500 0.1 Historical Custom 2,408 0.18 4 2-1
- 38 Morse Street 9/28/2020 $6,875,000 0.1 Historical Custom 3,249 0.29 5 5-2
- 7 South Water Street 9/28/2007 $1 0.1 Lodng/Motel 1.3 0-
- 67 Simpsons Lane 12/17/2018 $1 0.1 Standard Basic 840 0.06 2 1-0
- 23 Dock Street 2/6/2003 $1 0.1 Apt/Office 0.25 1 3-
- 74 North Water Street 7/1/2020 $3,100,000 0.1 Historical Custom 3,360 0.23 4 2-1
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 24 Morse Street 4/12/2012 $1 0.1 Historical Custom 1,971 0.13 3 2-1
- 65 Main Street Unit 101 1/23/1992 $345,000 0.1 Retail Condo 1,533 0 0-0
- 65 Main Street Unit 102 3/23/1993 $200,000 0.1 Retail Condo 1,049 0 0-0
- 65 Main Street Unit 103 1/23/1992 $345,000 0.1 Retail Condo 576 0 0-0
- 65 Main Street Unit 104 1/23/1992 $345,000 0.1 Retail Condo 527 0 0-0
- 65 Main Street Unit 105 3/17/1993 $195,000 0.1 Retail Condo 84 0 0-0
- 65 Main Street Unit 106 3/17/1993 $195,000 0.1 Restaurant Condo 1,416 0 2-2
- 65 Main Street Unit 201 3/17/1993 $195,000 0.1 Theater Condo 7,468 0 2-2
- 40 Morse Street 12/26/2012 $1 0.1 Estate 5,805 0.43 6 7-3
- 67 North Water Street 9/10/1997 $6,000,000 0.1 Historical Custom 5,232 0.46 5 5-1
- 74 North Summer Street 7/30/2003 $1,465,000 0.1 Historical Custom 2,492 0.21 4 3-2
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 0 Main Street 4/5/1993 $25,000 0.1 Vacant Land 0.01 -
- 0 Main Street 8/11/2020 $2 0.1 Vacant Land 0 -
- 0 Main Street-Rear 4/5/1993 $25,000 0.1 Commercial 0.02 -
- 59 Peases Point Way North 11/2/1961 $0 0.1 Telephone Bldg 0.41 1-
- 76 North Water Street 12/13/2021 $1 0.1 Historical Custom 4,411 0.19 5 4-0
- 0 Main Street 5/2/1990 $1 0.1 Vacant Land 0.01 -
- 72 Simpsons Lane 12/26/2008 $5,000,000 0.1 Outbuildings 0.12 -
- 53 Peases Point Way North 2/21/2013 $1 0.1 Custom 1,512 0.11 4 2-0
- 71 North Water Street 5/15/1998 $4,000,000 0.1 Custom 2,016 0.31 3 3-0
- 80 North Summer Street 6/17/2003 $1 0.1 Custom 1,634 0.12 3 2-0
- 71 Main Street 3/20/2018 $3,000,000 0.1 Restaurant 0.07 4-
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 63 Peases Point Way North 2/18/2022 $5,600,000 0.1 Colonial 2,768 0.18 5 4-1
- 0 Main Street 8/17/1964 $0 0.1 Outbuildings 0.4 -
- 53 Dock Street 12/31/1938 $0 0.1 Outbuildings 0.31 -
- 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
- 67 Winter Street 12/25/2008 $5,000,000 0.1 Employee Housng 7,308 0.37 9 15-0
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
Averages 6432 days $1,515,739 0.07 --- 1,012 0.13 --- ---  
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
20 D 216 C4 38 North Water Street Unit C4