5 Forest Circle, Edgartown, MA 02539

5 Forest Circle Edgartown MA 02539
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Owner Information
Owner 1
David Edward Ben & Sheila
Owner 2
Owner's Address
P O Box 3039 Edgartown, MA 02539
Market Sale Information
Most recent sale date
3/7/1996
Previous sale date
10/26/1995
Transfer document #
0671-0745
Previous transfer document
0663-0618
Grantor
Martha'S Vineyard Cooperative
Previous grantor
Raymond J Gailey
Most recent sale price
$50,000.00
Previous sale price
$80,000.00
Site Information
Property ID
11-1-344
Lot Size
0.59
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape Cod
Number of Rooms
5
Stories
1.75
Number of Beds
3
Year Built
1996
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1764
Number of Kitchen
Gross Living Area
3376
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$332,900.00
Total value
$993,400.00
Building value
$658,100.00
Estimated tax
$2,533.00
Yard improvement value
$2,400.00
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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 5 Forest Circle Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $28.34 Style Cape Cod Age 1996 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3376 Heating Fuel Oil Detached Garage Lot Size 0.59 Roof Cover Asph/F Gls/Cmp AEM Value - Building $658,100.00 AEM Value - Land $332,900.00 AEM Value - Other $2,400.00 AEM Value - Total $993,400.00
A) 13 Saddle Club Road 0.1 5/29/2024 $1,250,000 1,729 1.75 $722.96 Cape Cod 1988 5 3 2 0 3508 Electric 0.5 Asph/F Gls/Cmp $698,400 $318,000 $2,500 $1,018,900
B) 23 Edgewood Drive 0.3 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
C) 61 Dodgers Hole Road 0.4 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
D) 11 Anthiers Way 0.9 7/15/2024 $1,300,000 2,096 1 $620.23 Ranch 1968 7 4 2 0 3970 Oil 1.1 Asph/F Gls/Cmp $855,300 $354,600 $46,800 $1,256,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Forest Circle 3/7/1996 $50,000 0 Cape Cod 1,764 0.59 3 2-0 -
  Criteria
A 13 Saddle Club Road 5/29/2024 $1,250,000 0.1 Cape Cod 1,729 0.5 3 2-0
B 23 Edgewood Drive 6/14/2024 $1,245,000 0.3 Cape Cod 1,439 0.51 3 2-0
C 61 Dodgers Hole Road 9/3/2024 $686,000 0.4 Colonial 1,392 0.51 3 2-0
D 11 Anthiers Way 7/15/2024 $1,300,000 0.9 Ranch 2,096 1.1 4 2-0
Averages 125 days $1,120,250 0.43 --- 1,664 0.66 --- ---  

Estimation of Market Value - $1,157,901

As of today, 11/10/2024, the estimated market value of 5 Forest Circle, Edgartown considering the above 4 comparable properties is $1,157,901.

 

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
@ 5 Forest Circle 3/7/1996 $50,000 0 Cape Cod 1,764 0.59 3 2-0 -
  Criteria
A 7 Forest Circle 10/16/2020 $776,000 0.0 Ranch 2,011 0.59 4 3-0
B 6 Boylston Drive 2/20/2019 $75,000 0.0 Cape Cod 1,820 0.57 3 2-1
C 3 Forest Circle 6/25/2007 $200,000 0.0 Cape Cod 1,496 0.52 3 1-1
D 8 Boylston Drive 8/31/2022 $992,500 0.0 Cape Cod 1,170 0.66 3 2-0
E 6 Forest Circle 8/21/2012 $580,000 0.0 Colonial 1,444 0.61 4 2-1
F 32 Tar Kiln Path 6/9/2017 $1 0.0 Vacant Land 0.69 -
G 2 Boylston Drive 1/28/2022 $1,019,000 0.0 Colonial 1,568 0.69 3 2-0
H 28 Tar Kiln Path 6/9/2017 $1 0.1 Vacant Land 0.69 -
I 1 Forest Circle 5/3/2021 $10 0.1 Cape Cod 2,340 0.58 3 2-0
J 3 Boylston Drive 11/14/2016 $680,000 0.1 Cape Cod 1,465 0.72 3 2-0
K 15 Saddle Club Road 4/8/2009 $1 0.1 Modern/Contemporary 1,446 1.07 3 2-0
L 7 Boylston Drive 1/10/2002 $1 0.1 Colonial 1,680 0.53 3 2-0
M 13 Saddle Club Road 5/29/2024 $1,250,000 0.1 Cape Cod 1,729 0.5 3 2-0
N 2 Forest Circle 10/16/2001 $75,000 0.1 Colonial 3,192 0.53 3 3-0
O 9 Saddle Club Road 9/29/2015 $435,000 0.1 Cape Cod 1,272 0.5 3 2-0
P 9 Boylston Drive 1/12/2022 $99 0.1 Modern/Contemporary 0.53 4 3-1
Q 1 Saddle Club Road 6/12/2019 $675,000 0.1 Cape Cod 1,822 0.5 3 2-1
R 19 Saddle Club Road 5/8/2018 $1 0.1 Cape Cod 1,482 0.5 4 2-0
S 18 Boylston Drive 2/12/2007 $1 0.1 Ranch 2,240 0.52 3 3-0
T 49 Edgewood Drive 8/21/1995 $1 0.1 Colonial 1,116 0.76 3 1-1
U 11 Boylston Drive 5/12/1982 $22,900 0.1 Vacant Land 0.55 -
V 13 Boylston Drive 3/12/2021 $10 0.1 Cape Cod 2,002 0.53 3 2-0
W 21 Saddle Club Road 9/28/2016 $540,000 0.1 Modern/Contemporary 1,729 0.5 3 2-0
X 0 Edgewood Drive 6/1/1976 $0 0.1 Vacant Land 0.02 -
Y 2 Saddle Club Road 9/30/2013 $406,000 0.1 Cape Cod 1,025 0.55 3 2-0
Z 47 Edgewood Drive 5/13/2021 $1 0.1 Colonial 2,292 0.77 3 2-1
- 3 Arrowhead Circle 6/6/1984 $16,000 0.1 Vacant Land 0.53 -
- 12 Saddle Club Road 10/23/2015 $447,500 0.1 Modern/Contemporary 1,049 0.5 3 2-0
- 10 Saddle Club Road 12/15/2023 $910,000 0.1 Cape Cod 1,025 0.51 3 2-0
- 16 Saddle Club Road 6/22/2006 $620,000 0.1 Ranch 1,064 0.5 3 2-0
- 8 Saddle Club Road 9/20/1996 $187,800 0.1 Ranch 1,064 0.51 3 2-0
- 18 Saddle Club Road 1/21/2021 $1,193,500 0.1 Colonial 2,390 0.5 3 2-0
- 25 Saddle Club Road 11/4/2005 $575,000 0.1 Standard Plus 1,678 0.5 3 2-0
- 2 Arrowhead Circle 9/3/2008 $440,000 0.1 Cape Cod 1,547 0.56 3 2-0
- 6 Saddle Club Road 2/19/2016 $510,000 0.1 Modern/Contemporary 1,036 0.53 3 2-0
Averages 4858 days $360,752 0.08 --- 1,348 0.57 --- ---  
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
11 1 344 5 Forest Circle