31 South Water Street, Edgartown, MA 02539

31 South Water Street Edgartown MA 02539
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Owner Information
Owner 1
Norman Rankow
Owner 2
Owner's Address
P O Box 1276 Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/29/2011
Previous sale date
8/5/1981
Transfer document #
1265-0986
Previous transfer document
00D9-5926
Grantor
Anna L Oliver
Previous grantor
Alexander O Vietor
Most recent sale price
$4,275,000.00
Previous sale price
$0.00
Site Information
Property ID
20-D-326-1
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
B1
Building Style
Historical Custom
Number of Rooms
11
Stories
2
Number of Beds
6
Year Built
1850
Number of full baths
6
Condition
Number of half baths
1
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$9,497,700.00
Total value
$13,154,800.00
Building value
$3,657,100.00
Estimated tax
$33,150.00
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 31 South Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Historical Custom Age 1850 Rooms 11 Bedrooms 6 Full baths 6 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.32 Roof Cover Wood Shingle AEM Value - Building $3,657,100.00 AEM Value - Land $9,497,700.00 AEM Value - Other $0.00 AEM Value - Total $13,154,800.00
A) 27 Braleys Way 0.6 11/30/2023 $9,577,600 1.75 - Custom 2002 8 4 4 1 Gas 1.91 Wood Shingle $2,604,100 $5,936,500 $0 $8,540,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 South Water Street 12/29/2011 $4,275,000 0 Historical Custom 0.32 6 6-1 -
  Criteria
A 27 Braleys Way 11/30/2023 $9,577,600 0.6 Custom 1.91 4 4-1
Averages 165 days $9,577,600 0.55 --- 1.91 --- ---  

Estimation of Market Value - $14,752,056

As of today, 05/13/2024, the estimated market value of 31 South Water Street, Edgartown considering the above 1 comparable properties is $14,752,056.

 

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
@ 31 South Water Street 12/29/2011 $4,275,000 0 Historical Custom 0.32 6 6-1 -
  Criteria
A 29 South Water Street 11/12/2013 $7,900,000 0.0 Estate 0.25 5 6-
B 41 South Water Street 9/12/2019 $8,769,000 0.0 Custom 1,353 0.28 3 2-0
C 45 South Water Street 11/1/2012 $1 0.0 Standard Basic 549 0.08 1 1-1
D 53 South Water Street 10/18/2019 $10,000,000 0.0 Historical Custom 2,936 0.23 3 4-1
E 30 South Water Street 4/3/2019 $1 0.0 Historical Custom 4,062 0.16 4 4-1
F 36 South Water Street 2/6/2008 $1 0.0 Historical Custom 3,263 0.22 7 4-0
G 42 South Water Street 11/29/2011 $1 0.0 Historical Custom 4,512 0.21 6 6-2
H 7 South Water Street 9/28/2007 $1 0.0 Lodng/Motel 1.3 0-
I 24 South Water Street 2/5/2015 $3,600,000 0.0 Inn/B+B 6,307 0.18 9 9-0
J 55 South Water Street 9/30/2005 $1 0.0 Historical Custom 3,036 0.42 4 4-2
K 50 South Water Street 4/7/2016 $1 0.0 Historical Custom 2,145 0.2 5 5-0
L 56 South Water Street 2/8/1999 $1 0.1 Historical Custom 3,008 0.15 3 2-1
M 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
N 57 South Water Street 9/30/2005 $1 0.1 Cape Cod 2,415 0.3 4 4-1
O 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
P 54 South Water Street 4/5/2011 $1 0.1 Custom 2,123 0.17 3 2-0
Q 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
R 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
S 62 South Water Street 5/3/2024 $4,500,000 0.1 Historical Custom 2,807 0.13 4 4-1
T 20 Main Street 4/3/2015 $1 0.1 Apt/Store 0.02 2-
U 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
V 1 South Water Street 4/3/2015 $1 0.1 Apt/Store 0.05 0-
W 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
X 67 South Water Street 12/28/2010 $1 0.1 Historical Custom 2,432 0.08 4 2-2
Y 41 South Summer Street 11/2/2015 $2,875,000 0.1 Historical Custom 3,482 0.19 5 4-2
Z 2 Main Street 2/1/2005 $2,750,000 0.1 Restaurant 0.23 4-
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 19 South Summer Street 5/2/2011 $1 0.1 Office Bldg 0.16 -
- 30 Main Street 3/2/1967 $0 0.1 Finan Inst. 0.01 2-
- 40 Main Street 10/24/1991 $1 0.1 Store 0.03 1-
- 14 Cooke Street 10/31/2003 $1,525,000 0.1 Historical Custom 2,100 0.08 3 2-1
- 69 South Water Street 12/26/2012 $1 0.1 Historical Custom 3,903 0.31 5 4-0
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 42 Main Street 7/20/2017 $1 0.1 Store 0.03 2-
- 38 Main Street 12/30/2011 $1 0.1 Store 0.01 2-
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
- 16 Cooke Street 5/20/2019 $1 0.1 Custom 1,236 0.06 3 2-0
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 19 Main Street 11/24/2020 $5,720,000 0.1 Office/Retail 0.12 2-
- 20 Cooke Street 8/8/2018 $1 0.1 Historical Custom 1,470 0.06 3 2-1
- 2 Cooke Street 7/10/1961 $0 0.1 Vacant Land 0.13 -
- 45 South Summer Street $0 0.1 Churches 0.2 1-
- 5 North Water Street 11/25/2020 $5,720,000 0.1 Vacant Land 0.01 -
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
- 25 Main Street 12/27/2012 $1 0.1 Apt/Store 0.07 3 2-
- 71 South Water Street 12/30/2019 $1 0.1 Custom 2,640 0.22 4 4-0
- 7 North Water Street 5/12/2021 $2,000,000 0.1 Apt/Store 0.03 2-
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 70 South Water Street 10/5/2015 $4,300,000 0.1 Historical Custom 2,731 0.21 3 4-0
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 1 Cooke Street 9/15/1936 $0 0.1 Clubs/Lodges 0.34 2-
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 11 North Water Street 12/22/2011 $1,538,000 0.1 Restaurant 0.04 3-
- 8 Mayhew Lane 11/20/1997 $4,420,927 0.1 Office/Retail 0.19 3-
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 75 South Water Street 4/21/2023 $9,000,000 0.1 Historical Custom 2,825 0.52 4 2-0
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 0 Main Street 8/11/2020 $2 0.1 Vacant Land 0 -
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 20 South Summer Street 3/31/2015 $1 0.1 Apt/Store 0.14 4 3-
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 0 Mayhew Lane $0 0.1 Vacant Land 0.16 -
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 24 South Summer Street 8/5/1986 $1 0.1 Custom 1,796 0.12 3 3-0
- 17 North Water Street 10/25/1993 $1 0.1 Store 0.05 3-
- 53 Main Street 4/3/2015 $1 0.1 Store 0.09 1-
- 0 Davis Lane 11/29/2010 $1,500,000 0.1 Vacant Land 0.03 -
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 12 North Water Street 3/1/1946 $0 0.1 Apt/Store 0.72 6 4-
- 21 North Water Street 8/19/1993 $269,653 0.1 Apt/Store 0.11 4-
- 55 Main Street 4/3/2015 $1 0.1 Restaurant 0.09 2-
- 70 Main Street 1/1/2000 $0 0.1 Other Municip 0.29 3-
- 1 Dock Street Unit 2 $0 0.1 Warehouse 0.01 -
- 1 Dock Street 10/20/1966 $0 0.1 Yacht Club 0 2-
- 57 South Summer Street 5/30/2018 $1 0.1 Custom 2,182 0.21 3 3-0
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 0 Mayhew Lane 10/22/1959 $0 0.1 Outbuildings 0.31 -
- 81 South Water Street 1/20/2023 $15,000,000 0.1 Historical Custom 3,156 0.67 4 5-0
- 25 School Street 8/27/2004 $1 0.1 Historical Custom 3,394 0.22 5 3-0
- 52 South Summer Street 6/3/2022 $8,500,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 49 Davis Lane 12/19/2017 $2,320,000 0.1 Historical Custom 2,132 0.13 4 3-0
- 22 North Water Street 5/20/2014 $3,050,000 0.1 Inn/B+B 4,787 0.31 8 8-2
- 61 Main Street 12/27/2012 $1 0.1 Apt/Store 0.12 4 2-
- 0 Main Street 5/2/1990 $1 0.1 Vacant Land 0.01 -
- 18 Dock Street 2/10/1984 $780,000 0.1 Apt/Store 0.21 2 4-
- 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 -
- 19 School Street 4/14/2022 $100 0.1 Historical Custom 2,056 0.1 4 2-0
- 15 Dock Street 1/15/1993 $962,500 0.1 Apt/Store 0.21 1-
- 27 North Water Street 2/19/1988 $0 0.1 Apt/Store 0.19 5-
- 37 School Street 9/8/2021 $2,000,000 0.1 Historical Custom 840 0.05 1 2-0
- 7 School Street 10/28/1983 $199,000 0.1 Finan Inst. 0.08 0-
- 22 Winter Street 8/11/2017 $1 0.1 Inn/B+B 7,223 0.16 9 18-3
- 11 School Street 7/13/1998 $1 0.1 Historical Custom 1,347 0.07 2 1-1
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 37 Cooke Street 7/26/2018 $4,550,000 0.1 Historical Custom 3,231 0.17 4 5-1
Averages 6514 days $1,353,480 0.09 --- 1,358 0.17 --- ---  
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 326 1 31 South Water Street