2 Main Street, Edgartown, MA 02539

2 Main Street Edgartown MA 02539
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Owner Information
Owner 1
Main Street LLC (2)
Owner 2
Owner's Address
C/O the Boathouse, P O Box 2340 Edgartown, MA 02539
Market Sale Information
Most recent sale date
2/1/2005
Previous sale date
12/29/1995
Transfer document #
1029-0657
Previous transfer document
0667-0504
Grantor
Arthur W Young
Previous grantor
Arthur W Young
Most recent sale price
$2,750,000.00
Previous sale price
$1.00
Site Information
Property ID
20-D-323-2
Lot Size
0.23
Use Code
326 - Eating and Drinking Establishments
Zoning
B1
Building Style
Restaurant
Number of Rooms
Stories
2.5
Number of Beds
Year Built
2012
Number of full baths
4
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
10634
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
WOOD FRAME
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$3,758,500.00
Total value
$10,343,600.00
Building value
$6,585,100.00
Estimated tax
$26,065.00
Yard improvement value
$0.00
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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 2 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Restaurant Age 2012 Rooms Bedrooms Full baths 4 Half baths Gross Living Area 10634 Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Wood Shingle AEM Value - Building $6,585,100.00 AEM Value - Land $3,758,500.00 AEM Value - Other $0.00 AEM Value - Total $10,343,600.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Main Street 2/1/2005 $2,750,000 0 Restaurant 0.23 4- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 2 Main Street 2/1/2005 $2,750,000 0 Restaurant 0.23 4- -
  Criteria
A 7 Dock Street 6/27/1955 $0 0.0 Outbuildings 0.62 -
B 8 Mayhew Lane 11/20/1997 $4,420,927 0.0 Office/Retail 0.19 3-
C 2 Dock Street 11/7/2000 $1 0.0 Store 0.04 2-
D 7 South Water Street 9/28/2007 $1 0.0 Lodng/Motel 1.3 0-
E 19 Main Street 11/24/2020 $5,720,000 0.0 Office/Retail 0.12 2-
F 20 Main Street 4/3/2015 $1 0.0 Apt/Store 0.02 2-
G 0 Mayhew Lane $0 0.0 Vacant Land 0.16 -
H 1 South Water Street 4/3/2015 $1 0.0 Apt/Store 0.05 0-
I 7 North Water Street 5/12/2021 $2,000,000 0.0 Apt/Store 0.03 2-
J 5 North Water Street 11/25/2020 $5,720,000 0.0 Vacant Land 0.01 -
K 11 North Water Street 12/22/2011 $1,538,000 0.0 Restaurant 0.04 3-
L 0 Main Street 8/11/2020 $2 0.0 Vacant Land 0 -
M 17 North Water Street 10/25/1993 $1 0.0 Store 0.05 3-
N 0 Mayhew Lane 10/22/1959 $0 0.0 Outbuildings 0.31 -
O 21 North Water Street 8/19/1993 $269,653 0.0 Apt/Store 0.11 4-
P 18 Dock Street 2/10/1984 $780,000 0.0 Apt/Store 0.21 2 4-
Q 15 Dock Street 1/15/1993 $962,500 0.1 Apt/Store 0.21 1-
R 25 Main Street 12/27/2012 $1 0.1 Apt/Store 0.07 3 2-
S 29 South Water Street 11/12/2013 $7,900,000 0.1 Estate 0.25 5 6-
T 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
U 27 North Water Street 2/19/1988 $0 0.1 Apt/Store 0.19 5-
V 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
W 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
X 1 Dock Street Unit 2 $0 0.1 Warehouse 0.01 -
Y 1 Dock Street 10/20/1966 $0 0.1 Yacht Club 0 2-
Z 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
- 31 South Water Street 12/29/2011 $4,275,000 0.1 Historical Custom 0.32 6 6-1
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 6 Kelley Street 10/2/2020 $19,640,000 0.1 Commercial 0.04 1-
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 22 North Water Street 5/20/2014 $3,050,000 0.1 Inn/B+B 4,787 0.31 8 8-2
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 29 Dock Street 10/1/1978 $0 0.1 Fast Food Loc 0.02 2-
- 42 Main Street 7/20/2017 $1 0.1 Store 0.03 2-
- 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
- 41 South Water Street 9/12/2019 $8,769,000 0.1 Custom 1,353 0.28 3 2-0
- 31 Dock Street 8/25/2000 $2,100,000 0.1 Restaurant 0.24 3-
- 24 Kelley Street 10/2/2020 $19,640,000 0.1 Hotel 0.58 9 9-
- 9 Winter Street 5/5/2015 $861,600 0.1 Retail Condo 2,020 0 1-1
- 7 Winter Street 8/14/2009 $1 0.1 Retail Condo 245 0 1-1
- 5 Winter Street 4/2/1997 $235,000 0.1 Retail Condo 1,365 0 1-1
- 3 Winter Street 2/15/2024 $3,949,000 0.1 Retail Condo 640 0 0-0
- 32 North Water Street 2/15/2024 $3,949,000 0.1 Retail Condo 1,960 0 1-1
- 23 Dock Street 2/6/2003 $1 0.1 Apt/Office 0.25 1 3-
- 12 North Water Street 3/1/1946 $0 0.1 Apt/Store 0.72 6 4-
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 30 South Water Street 4/3/2019 $1 0.1 Historical Custom 4,062 0.16 4 4-1
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 45 South Water Street 11/1/2012 $1 0.1 Standard Basic 549 0.08 1 1-1
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 41 Dock Street 12/27/2013 $1 0.1 Store 0.1 1-
- 22 Winter Street 8/11/2017 $1 0.1 Inn/B+B 7,223 0.16 9 18-3
- 36 South Water Street 2/6/2008 $1 0.1 Historical Custom 3,263 0.22 7 4-0
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 55 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 2,864 0.63 6 3-0
- 38 North Water Street Unit C1 12/9/2009 $2,050,000 0.1 Hotel Condo 15,604 0 0-0
- 38 North Water Street Unit C2 12/10/2009 $2,050,000 0.1 Restaurant Condo 2,700 0 0-0
- 38 North Water Street Unit C3 12/10/2009 $2,050,000 0.1 Retail Condo 1,051 0 0-0
- 38 North Water Street Unit C4 12/10/2009 $2,050,000 0.1 Retail Condo 834 0 0-0
- 38 North Water Street Unit C5 12/10/2009 $2,050,000 0.1 Condominium 1,083 0 0-0
- 38 North Water Street Unit R1 12/10/2009 $2,050,000 0.1 Motel Condo 475 0 1 1-1
- 38 North Water Street Unit R2 12/10/2009 $2,050,000 0.1 Motel Condo 797 0 2 2-2
- 38 North Water Street Unit R3 12/10/2009 $2,050,000 0.1 Motel Condo 480 0 1 1-1
- 38 North Water Street Unit R4 12/10/2009 $2,050,000 0.1 Motel Condo 795 0 2 2-2
- 38 North Water Street Unit R5 12/10/2009 $2,050,000 0.1 Motel Condo 478 0 1 1-1
- 38 North Water Street Unit R6 12/10/2009 $2,050,000 0.1 Motel Condo 796 0 2 2-2
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 53 South Water Street 10/18/2019 $10,000,000 0.1 Historical Custom 2,936 0.23 3 4-1
- 51 North Water Street 10/2/2020 $19,640,000 0.1 Inn/B+B 3,246 0.23 9 9-0
- 45 Dock Street 12/5/2008 $750,000 0.1 Commercial 0.03 1-
- 24 Winter Street 4/1/1968 $0 0.1 Vacant Land 0.2 -
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 53 Main Street 4/3/2015 $1 0.1 Store 0.09 1-
- 42 South Water Street 11/29/2011 $1 0.1 Historical Custom 4,512 0.21 6 6-2
- 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 15 Winter Street Unit 1B 12/31/1985 $126,000 0.1 Retail Condo 396 0 0-0
- 15 Winter Street Unit 1A 12/31/1985 $131,000 0.1 Retail Condo 419 0 0-0
- 15 Winter Street Unit 2 6/29/1988 $142,000 0.1 Retail Condo 339 0 0-0
- 15 Winter Street Unit 3 2/14/2005 $440,000 0.1 Retail Condo 371 0 0-0
- 15 Winter Street Unit 4 2/14/2005 $440,000 0.1 Retail Condo 394 0 0-0
- 15 Winter Street Unit 5 12/31/1985 $1 0.1 Retail Condo 26 0 0-0
- 15 Winter Street Unit 6 2/14/2005 $440,000 0.1 Retail Condo 100 0 0-0
- 15 Winter Street Unit 7 2/14/2005 $440,000 0.1 Retail Condo 135 0 0-0
- 15 Winter Street Unit 8 12/9/2021 $1 0.1 Condo Office 915 0 0-0
- 15 Winter Street Unit 9 2/28/2023 $428,000 0.1 Condo Office 373 0 0-0
- 15 Winter Street Unit 10 12/17/2020 $300,000 0.1 Condo Office 372 0 0-0
- 15 Winter Street Unit 11 11/24/2009 $170,000 0.1 Condo Office 396 0 0-0
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 17 Winter Street Unit 12 12/10/2019 $446,500 0.1 Retail Condo 368 0 0-0
- 17 Winter Street Unit 13 12/31/1985 $131,000 0.1 Retail Condo 369 0 0-0
- 19 Winter Street Unit 14 12/31/2021 $1 0.1 Retail Condo 484 0 0-0
- 17 Winter Street Unit 27 1/22/2018 $237,000 0.1 Condo Office 386 0 0-0
- 17 Winter Street Unit 28 12/1/2015 $1 0.1 Condo Office 388 0 0-0
- 19 Winter Street Unit 29 12/31/2021 $1 0.1 Condo Office 576 0 0-0
- 55 South Water Street 9/30/2005 $1 0.1 Historical Custom 3,036 0.42 4 4-2
- 30 Winter Street 10/2/2020 $19,640,000 0.1 Vacant Land 0.11 -
- 55 Main Street 4/3/2015 $1 0.1 Restaurant 0.09 2-
- 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 -
- 10 Daggett Street 4/19/1984 $1 0.1 Clubs/Lodges 0.2 3-
- 50 Dock Street 3/21/1984 $1 0.1 Vacant Land 0.05 -
- 50 South Water Street 4/7/2016 $1 0.1 Historical Custom 2,145 0.2 5 5-0
- 56 North Water Street 12/21/2018 $5,000,000 0.1 Inn/B+B 5,260 0.13 9 14-0
- 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
- 31 North Summer Street 3/16/2015 $1,350,000 0.1 Apt/Store 0.12 2-
- 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
- 58 Dock Street 10/11/2005 $1 0.1 Commercial 0.04 1-
- 23 Winter Street Unit 15 5/13/2016 $256,000 0.1 Retail Condo 373 0 0-0
- 23 Winter Street Unit 16 5/13/2016 $250,000 0.1 Retail Condo 426 0 0-0
- 23 Winter Street Unit 17 1/10/2006 $360,000 0.1 Retail Condo 432 0 0-0
- 23 Winter Street Unit 18 5/13/2016 $256,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 19 5/13/2016 $250,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 20 3/14/1985 $1 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 21 1/10/2006 $360,000 0.1 Retail Condo 0 0-0
- 23 Winter Street Unit 30 6/17/2016 $150,000 0.1 Condo Office 381 0 0-0
- 23 Winter Street Unit 31 8/8/2011 $275,000 0.1 Condo Office 428 0 0-0
- 23 Winter Street Unit 32 5/15/2001 $120,000 0.1 Condo Office 451 0 0-0
- 57 South Water Street 9/30/2005 $1 0.1 Cape Cod 2,415 0.3 4 4-1
- 36 Winter Street Unit 3 2/21/2020 $1 0.1 Retail Condo 356 0 1-1
- 44 North Water Street 9/6/2016 $3,750,000 0.1 Historical Custom 2,917 0.14 5 5-1
- 61 Main Street 12/27/2012 $1 0.1 Apt/Store 0.12 4 2-
- 56 South Water Street 2/8/1999 $1 0.1 Historical Custom 3,008 0.15 3 2-1
- 53 Dock Street 12/31/1938 $0 0.1 Outbuildings 0.31 -
- 59 North Water Street 2/2/2004 $3,500,000 0.1 Historical Custom 0.41 9 9-0
- 58 North Water Street 3/23/2016 $1 0.1 Library 0.28 3-
- 54 South Water Street 4/5/2011 $1 0.1 Custom 2,123 0.17 3 2-0
- 29 Winter Street Unit 22 4/9/2019 $1 0.1 Retail Condo 402 0 0-0
- 29 Winter Street Unit 23 3/3/2017 $250,000 0.1 Retail Condo 357 0 0-0
- 29 Winter Street Unit 24 5/16/2022 $100 0.1 Retail Condo 353 0 0-0
- 29 Winter Street Unit 25 4/17/2014 $160,000 0.1 Retail Condo 343 0 0-0
- 29 Winter Street Unit 26 3/3/2017 $250,000 0.1 Retail Condo 126 0 0-0
- 29 Winter Street Unit 33 7/3/2012 $1 0.1 Condo Office 469 0 0-0
- 29 Winter Street Unit 34 7/3/2012 $1 0.1 Condo Office 288 0 0-0
- 29 Winter Street Unit 35 7/3/2012 $1 0.1 Condo Office 298 0 0-0
- 12 North Summer Street 10/19/2021 $1 0.1 Apt/Store 0.05 2 2-
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 30 Simpsons Lane 1/8/2009 $950,400 0.1 Colonial 4,590 0.12 4 4-1
- 15 Simpsons Lane 8/3/2015 $1 0.1 Custom 2,252 0.15 4 2-0
- 0 Main Street 5/2/1990 $1 0.1 Vacant Land 0.01 -
- 1 Cooke Street 9/15/1936 $0 0.1 Clubs/Lodges 0.34 2-
- 41 Winter Street 12/20/2018 $1,500,000 0.1 Historical Custom 2,306 0.1 4 2-0
Averages 6553 days $1,532,922 0.09 --- 901 0.1 --- ---  
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
20 D 323 2 2 Main Street