48 Jernegan Avenue, Edgartown, MA 02539

48 Jernegan Avenue Edgartown MA 02539
Owner Information
Owner 1
Kin H Lee
Owner 2
Sonye Lee
Owner's Address
130 Lancaster Dr Tewksbury, MA 01876
Market Sale Information
Most recent sale date
3/10/2021
Previous sale date
4/22/1983
Transfer document #
1568-413
Previous transfer document
0401-0055
Grantor
Kin H Lee
Previous grantor
Richard N Paquin
Most recent sale price
$1.00
Previous sale price
$37,300.00
Site Information
Property ID
11-B-180
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
1983
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1638
Number of Kitchen
Gross Living Area
3348
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$333,600.00
Total value
$977,500.00
Building value
$643,100.00
Estimated tax
$2,492.00
Yard improvement value
$800.00
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 48 Jernegan Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1983 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3348 Heating Fuel Electric Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $643,100.00 AEM Value - Land $333,600.00 AEM Value - Other $800.00 AEM Value - Total $977,500.00
A) 13 Saddle Club Road 0.7 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 0.8 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) 19 Duncan Close 0.8 6/27/2024 $1,725,000 1,722 1.75 $1001.74 Colonial 1984 5 3 2 0 4202 Gas 0.63 Asph/F Gls/Cmp $540,200 $238,100 $1,700 $780,000
D) 46 Windsor Drive 0.9 5/6/2024 $1,195,000 1,520 1.75 $786.18 Cape Cod 1987 5 3 2 0 2572 Electric 0.52 Asph/F Gls/Cmp $538,600 $336,600 $700 $875,900
E) 61 Dodgers Hole Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Jernegan Avenue 3/10/2021 $1 0 Cape Cod 1,638 0.51 3 2-0 -
  Criteria
A 13 Saddle Club Road 5/29/2024 $1,250,000 0.7 Cape Cod 1,729 0.5 3 2-0
B 23 Edgewood Drive 6/14/2024 $1,245,000 0.8 Cape Cod 1,439 0.51 3 2-0
C 19 Duncan Close 6/27/2024 $1,725,000 0.8 Colonial 1,722 0.63 3 2-0
D 46 Windsor Drive 5/6/2024 $1,195,000 0.9 Cape Cod 1,520 0.52 3 2-0
E 61 Dodgers Hole Road 9/3/2024 $686,000 1.0 Colonial 1,392 0.51 3 2-0
Averages 90 days $1,220,200 0.84 --- 1,560 0.53 --- ---  

Estimation of Market Value - $1,326,763

As of today, 09/20/2024, the estimated market value of 48 Jernegan Avenue, Edgartown considering the above 5 comparable properties is $1,326,763.

 

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
@ 48 Jernegan Avenue 3/10/2021 $1 0 Cape Cod 1,638 0.51 3 2-0 -
  Criteria
A 52 Jernegan Avenue 8/27/2015 $438,000 0.0 Colonial 1,828 0.5 2 2-0
B 44 Jernegan Avenue 2/5/1979 $4,800 0.0 Ranch 680 0.52 2 1-0
C 73 Tenth Street South 12/21/2022 $1 0.0 Colonial 1,624 0.54 3 2-0
D 47 Jernegan Avenue 1/27/2016 $1 0.0 Standard Basic 1,442 0.5 3 1-0
E 58 Jernegan Avenue 3/17/2022 $1 0.0 Ranch 1,120 0.51 3 2-0
F 76 Tenth Street South 11/10/2004 $1 0.0 Ranch 1,184 0.41 3 1-0
G 53 Jernegan Avenue 6/8/2018 $700,000 0.0 Cape Cod 1,348 0.5 2 2-0
H 38 Jernegan Avenue 12/23/1968 $0 0.1 Ranch 960 0.68 3 1-0
I 63 Eleventh Street South 5/27/2016 $510,000 0.1 Cape Cod 1,440 0.33 2 1-0
J 62 Jernegan Avenue 10/7/2013 $1 0.1 Ranch 1,512 0.5 3 1-0
K 55 Tenth Street South 10/21/2002 $1 0.1 Vacant Land 0.17 -
L 28 Teaberry Lane 4/26/2016 $1 0.1 Ranch 1,632 0.5 4 3-0
M 26 Teaberry Lane 5/15/2001 $289,900 0.1 Ranch 944 0.5 2 1-0
N 60 Tenth Street South 12/8/2021 $1,360,000 0.1 Standard Plus 2,160 0.17 2 2-1
O 59 Jernegan Avenue 4/30/1990 $1 0.1 Colonial 1,696 0.51 3 2-0
P 30 Teaberry Lane 1/9/2007 $10 0.1 Ranch 1,344 0.51 3 2-0
Q 67 Twelfth Street South 12/9/2015 $435,000 0.1 Ranch 960 0.28 3 1-0
R 49 Tenth Street South 5/1/2023 $185,000 0.1 Vacant Land 0.04 -
S 65 Twelfth Street South 7/6/1995 $1 0.1 Ranch 960 0.28 3 1-0
T 71 Twelfth Street South 7/19/1974 $0 0.1 Ranch 640 0.36 3 1-0
U 53 Eleventh Street South 8/1/1983 $11,400 0.1 Vacant Land 0.04 -
V 22 Teaberry Lane 1/30/1997 $128,500 0.1 Ranch 960 0.5 3 1-0
W 52 Tenth Street South $0 0.1 Vacant Land 0.17 -
X 29 Jernegan Avenue 1/6/2022 $920,000 0.1 Ranch 1,126 0.72 2 1-1
Y 59 Twelfth Street South $0 0.1 Vacant Land 0.25 -
Z 51 Eleventh Street South 1/13/1987 $1,000 0.1 Vacant Land 0.08 -
- 30 Jernegan Avenue 9/22/1997 $1 0.1 Ranch 864 0.3 3 1-0
- 68 Jernegan Avenue 4/2/2001 $318,000 0.1 Cape Cod 1,232 0.7 3 1-0
- 55 Twelfth Street South 8/1/1983 $11,400 0.1 Cape Cod 1,200 0.17 3 2-0
- 46 Tenth Street South 12/17/1991 $8,802 0.1 Vacant Land 0.04 -
- 52 Eleventh Street South 4/8/2004 $1 0.1 Vacant Land 0.04 -
- 43 Tenth Street South 12/14/2015 $1 0.1 Vacant Land 0.21 -
- 45 Eleventh Street South 6/1/1978 $0 0.1 Vacant Land 0.08 -
- 20 Teaberry Lane 12/23/2015 $535,000 0.1 Colonial 2,276 0.51 4 2-0
- 65 Jernegan Avenue 10/26/2018 $270,000 0.1 Colonial 2,160 0.57 2 2-1
- 32 Teaberry Lane 6/15/2012 $342,000 0.1 Standard Basic 1,152 0.72 3 2-0
- 50 Eleventh Street South 6/1/1978 $0 0.1 Vacant Land 0.08 -
- 51 Twelfth Street South 7/21/1995 $5,500 0.1 Vacant Land 0.04 -
- 43 Eleventh Street South 9/9/2022 $980,000 0.1 Cape Cod 1,216 0.17 3 3-0
- 27 Teaberry Lane 8/5/2021 $1 0.1 Ranch 1,914 0.5 3 2-1
- 76 Twelfth Street South 1/1/1969 $0 0.1 Raised Ranch 1,528 0.79 3 2-0
- 25 Teaberry Lane 3/9/2022 $10 0.1 Cape Cod 1,988 0.5 3 2-0
- 26 Jernegan Avenue 4/6/2005 $1 0.1 Ranch 672 0.28 2 1-0
- 49 Twelfth Street South $0 0.1 Vacant Land 0.08 -
- 84 Twelfth Street South 12/27/2011 $1 0.1 Standard Basic 1,568 0.25 3 2-0
- 33 Teaberry Lane 11/26/2014 $1 0.1 Cape Cod 2,468 0.5 5 3-0
- 19 Teaberry Lane 11/29/2018 $1,030,000 0.1 Colonial 2,056 0.56 4 2-0
- 54 Twelfth Street South 6/8/2001 $1 0.1 Ranch 1,064 0.29 3 2-0
- 86 Tenth Street South 7/19/1994 $1 0.1 Vacant Land 5.1 -
- 37 Tenth Street South 7/3/1996 $2,500 0.1 Vacant Land 0.08 -
- 52 Twelfth Street South 6/1/1978 $0 0.1 Vacant Land 0.08 -
- 38 Tenth Street South $0 0.1 Vacant Land 0.17 -
- 43 Twelfth Street South 5/7/2018 $624,000 0.1 Colonial 2,016 0.33 2 1-1
- 35 Eleventh Street South 3/3/2015 $1 0.1 Cape Cod 1,512 0.17 3 2-0
- 18 Teaberry Lane 11/7/2016 $32,000 0.1 Ranch 1,476 0.6 4 4-1
- 39 Jernegan Avenue 1/22/1993 $1 0.1 Cape Cod 1,688 0.65 2 2-0
- 34 Teaberry Lane 4/8/1980 $10,000 0.1 Ranch 1,704 0.77 3 1-0
- 51 Thirteenth Street South $0 0.1 Vacant Land 0.08 -
- 2 Teaberry Circle 2/6/2008 $1 0.1 Ranch 984 0.73 3 3-0
Averages 7671 days $155,133 0.09 --- 988 0.44 --- ---  
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 B 180 48 Jernegan Avenue