41 South Water Street, Edgartown, MA 02539

41 South Water Street Edgartown MA 02539
Owner Information
Owner 1
Peter Defeo
Owner 2
Dara Frigoletto
Owner's Address
7 Whitney Circle Natick, MA 01760
Market Sale Information
Most recent sale date
9/12/2019
Previous sale date
12/5/2008
Transfer document #
80-125
Previous transfer document
0068-0113
Grantor
Cynthia Reed
Previous grantor
Anna Louise Vietor Sheehan Oliver
Most recent sale price
$8,769,000.00
Previous sale price
$8,350,000.00
Site Information
Property ID
20-D-328
Lot Size
0.28
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
2009
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1353
Number of Kitchen
Gross Living Area
2497
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Radiant
Roof Cover
Wood Shingle
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$9,371,700.00
Total value
$11,526,900.00
Building value
$2,155,200.00
Estimated tax
$29,047.00
Yard improvement value
$0.00
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 41 South Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $6,481.15 Style Custom Age 2009 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2497 Heating Fuel Electric Detached Garage Lot Size 0.28 Roof Cover Wood Shingle AEM Value - Building $2,155,200.00 AEM Value - Land $9,371,700.00 AEM Value - Other $0.00 AEM Value - Total $11,526,900.00
A) 55 Pinehurst Road 0.7 11/30/2023 $1,575,000 1,260 1.75 $1250.00 Cape Cod 1996 5 3 2 0 2542 Gas 0.25 Asph/F Gls/Cmp $503,300 $560,900 $0 $1,064,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 41 South Water Street 9/12/2019 $8,769,000 0 Custom 1,353 0.28 3 2-0 -
  Criteria
A 55 Pinehurst Road 11/30/2023 $1,575,000 0.7 Cape Cod 1,260 0.25 3 2-0
Averages 166 days $1,575,000 0.74 --- 1,260 0.25 --- ---  

Estimation of Market Value - $9,375,444

As of today, 05/13/2024, the estimated market value of 41 South Water Street, Edgartown considering the above 1 comparable properties is $9,375,444.

 

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
@ 41 South Water Street 9/12/2019 $8,769,000 0 Custom 1,353 0.28 3 2-0 -
  Criteria
A 45 South Water Street 11/1/2012 $1 0.0 Standard Basic 549 0.08 1 1-1
B 53 South Water Street 10/18/2019 $10,000,000 0.0 Historical Custom 2,936 0.23 3 4-1
C 31 South Water Street 12/29/2011 $4,275,000 0.0 Historical Custom 0.32 6 6-1
D 29 South Water Street 11/12/2013 $7,900,000 0.0 Estate 0.25 5 6-
E 55 South Water Street 9/30/2005 $1 0.0 Historical Custom 3,036 0.42 4 4-2
F 57 South Water Street 9/30/2005 $1 0.0 Cape Cod 2,415 0.3 4 4-1
G 42 South Water Street 11/29/2011 $1 0.0 Historical Custom 4,512 0.21 6 6-2
H 36 South Water Street 2/6/2008 $1 0.0 Historical Custom 3,263 0.22 7 4-0
I 50 South Water Street 4/7/2016 $1 0.0 Historical Custom 2,145 0.2 5 5-0
J 30 South Water Street 4/3/2019 $1 0.0 Historical Custom 4,062 0.16 4 4-1
K 56 South Water Street 2/8/1999 $1 0.0 Historical Custom 3,008 0.15 3 2-1
L 7 South Water Street 9/28/2007 $1 0.1 Lodng/Motel 1.3 0-
M 24 South Water Street 2/5/2015 $3,600,000 0.1 Inn/B+B 6,307 0.18 9 9-0
N 54 South Water Street 4/5/2011 $1 0.1 Custom 2,123 0.17 3 2-0
O 67 South Water Street 12/28/2010 $1 0.1 Historical Custom 2,432 0.08 4 2-2
P 62 South Water Street 5/3/2024 $4,500,000 0.1 Historical Custom 2,807 0.13 4 4-1
Q 69 South Water Street 12/26/2012 $1 0.1 Historical Custom 3,903 0.31 5 4-0
R 16 Davis Lane Unit 2 8/29/2023 $400,000 0.1 Condominium 575 0 2 1-1
S 14 Cooke Street 10/31/2003 $1,525,000 0.1 Historical Custom 2,100 0.08 3 2-1
T 2 Cooke Street 7/10/1961 $0 0.1 Vacant Land 0.13 -
U 6 South Water Street 2/12/2010 $2,575,000 0.1 Apt/Store 0.37 3 5-
V 16 Cooke Street 5/20/2019 $1 0.1 Custom 1,236 0.06 3 2-0
W 71 South Water Street 12/30/2019 $1 0.1 Custom 2,640 0.22 4 4-0
X 33 South Summer Street 1/17/1986 $350,000 0.1 Inn/B+B 3,669 0.21 3 2-1
Y 41 South Summer Street 11/2/2015 $2,875,000 0.1 Historical Custom 3,482 0.19 5 4-2
Z 21 Cooke Street 2/26/2018 $1 0.1 Standard Basic 873 0.11 2 1-1
- 27 South Summer Street 4/12/1974 $0 0.1 Inn/B+B 8,358 0.37 9 8-0
- 1 Cooke Street 9/15/1936 $0 0.1 Clubs/Lodges 0.34 2-
- 20 Cooke Street 8/8/2018 $1 0.1 Historical Custom 1,470 0.06 3 2-1
- 37 South Summer Street 11/30/2001 $1,275,000 0.1 Cape Cod 2,588 0.12 3 2-1
- 46 Main Street-Rear 10/8/2013 $1 0.1 Restaurant 0.04 1-
- 20 Main Street 4/3/2015 $1 0.1 Apt/Store 0.02 2-
- 2 Main Street 2/1/2005 $2,750,000 0.1 Restaurant 0.23 4-
- 1 South Water Street 4/3/2015 $1 0.1 Apt/Store 0.05 0-
- 70 South Water Street 10/5/2015 $4,300,000 0.1 Historical Custom 2,731 0.21 3 4-0
- 2 South Water Street 1/2/1958 $0 0.1 Finan Inst. 0.12 2-
- 75 South Water Street 4/21/2023 $9,000,000 0.1 Historical Custom 2,825 0.52 4 2-0
- 45 South Summer Street $0 0.1 Churches 0.2 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-
- 36 Main Street 12/3/2009 $1 0.1 Store 0.01 1-
- 49 South Summer Street 6/3/2020 $4,375,000 0.1 Custom 3,079 0.19 4 3-1
- 44 Main Street 5/18/2012 $1,525,000 0.1 Apt/Store 0.11 2-
- 74 South Water Street 4/9/1999 $1,950,000 0.1 Historical Custom 3,812 0.35 7 4-0
- 11 South Summer Street 4/3/2015 $1 0.1 Apt/Store 0.17 2 1-
- 7 Dock Street 6/27/1955 $0 0.1 Outbuildings 0.62 -
- 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-
- 19 Main Street 11/24/2020 $5,720,000 0.1 Office/Retail 0.12 2-
- 50 Main Street 5/8/1986 $1 0.1 Vacant Land 0.16 -
- 5 North Water Street 11/25/2020 $5,720,000 0.1 Vacant Land 0.01 -
- 76 South Water Street 10/4/2016 $3,550,000 0.1 Historical Custom 3,131 0.27 5 3-0
- 53 South Summer Street 5/8/2000 $1 0.1 Historical Custom 3,939 0.15 4 5-0
- 7 North Water Street 5/12/2021 $2,000,000 0.1 Apt/Store 0.03 2-
- 25 Main Street 12/27/2012 $1 0.1 Apt/Store 0.07 3 2-
- 0 Main Street 8/11/2020 $2 0.1 Vacant Land 0 -
- 29 Main Street 8/30/2022 $2,345,000 0.1 Store 0.03 1-
- 2 Dock Street 11/7/2000 $1 0.1 Store 0.04 2-
- 81 South Water Street 1/20/2023 $15,000,000 0.1 Historical Custom 3,156 0.67 4 5-0
- 34 South Summer Street 11/29/2010 $1,500,000 0.1 Office Bldg 0.15 2-
- 33 Main Street 4/5/2007 $1,850,000 0.1 Apt/Store 0.05 2-
- 8 Mayhew Lane 11/20/1997 $4,420,927 0.1 Office/Retail 0.19 3-
- 40 South Summer Street 10/29/2008 $1 0.1 Historical Custom 3,786 0.29 5 4-1
- 44 South Summer Street 7/3/2017 $1 0.1 Historical Custom 2,226 0.13 4 3-0
- 56 Main Street 2/17/2004 $1 0.1 Apt/Store 0.15 0-
- 28 South Summer Street 4/20/2012 $2,750,000 0.1 Historical Custom 0.16 6 6-2
- 80 South Water Street 8/31/2015 $2,900,000 0.1 Historical Custom 3,043 0.19 5 2-1
- 11 North Water Street 12/22/2011 $1,538,000 0.1 Restaurant 0.04 3-
- 37 Main Street 11/5/1947 $0 0.1 Apt/Store 0.1 2-
- 39 Main Street 1/18/2022 $1 0.1 Store 0.02 1-
- 20 South Summer Street 3/31/2015 $1 0.1 Apt/Store 0.14 4 3-
- 57 South Summer Street 5/30/2018 $1 0.1 Custom 2,182 0.21 3 3-0
- 41 Main Street 8/28/2019 $10 0.1 Store 0.06 1-
- 0 Mayhew Lane $0 0.1 Vacant Land 0.16 -
- 35 Cooke Street 2/16/2018 $2,225,000 0.1 Historical Custom 1,482 0.22 4 2-0
- 1 Dock Street Unit 2 $0 0.1 Warehouse 0.01 -
- 1 Dock Street 10/20/1966 $0 0.1 Yacht Club 0 2-
- 0 Davis Lane 11/29/2010 $1,500,000 0.1 Vacant Land 0.03 -
- 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-
- 47 Main Street 4/3/2015 $1 0.1 Apt/Store 0.09 2-
- 82 South Water Street 1/8/2016 $1 0.1 Historical Custom 3,062 0.21 4 4-1
- 52 South Summer Street 6/3/2022 $8,500,000 0.1 Historical Custom 5,827 0.3 6 6-2
- 84 South Water Street 5/26/2020 $10 0.1 Historical Custom 1,915 0.14 4 3-0
- 53 Main Street 4/3/2015 $1 0.1 Store 0.09 1-
- 61 South Summer Street 6/5/2009 $1 0.1 Historical Custom 3,075 0.47 5 5-0
- 21 North Water Street 8/19/1993 $269,653 0.1 Apt/Store 0.11 4-
- 66 Main Street Lot 125 6/27/2017 $3,000,000 0.1 Vacant Land 0.26 -
- 85 South Water Street 7/2/1997 $1 0.1 Historical Custom 4,158 0.92 5 4-0
- 39 School Street 10/30/2014 $3,926,000 0.1 Historical Custom 3,647 0.28 3 4-1
- 12 North Water Street 3/1/1946 $0 0.1 Apt/Store 0.72 6 4-
- 70 Main Street 1/1/2000 $0 0.1 Other Municip 0.29 3-
- 55 Main Street 4/3/2015 $1 0.1 Restaurant 0.09 2-
- 0 Mayhew Lane 10/22/1959 $0 0.1 Outbuildings 0.31 -
- 25 School Street 8/27/2004 $1 0.1 Historical Custom 3,394 0.22 5 3-0
- 49 Davis Lane 12/19/2017 $2,320,000 0.1 Historical Custom 2,132 0.13 4 3-0
- 15 Dock Street 1/15/1993 $962,500 0.1 Apt/Store 0.21 1-
Averages 6793 days $1,379,308 0.09 --- 1,376 0.19 --- ---  
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 328 41 South Water Street