8 Elmers Way, Edgartown, MA 02539

8 Elmers Way Edgartown MA 02539
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Owner Information
Owner 1
James F Reynolds
Owner 2
Elmers Way Nominee Trust
Owner's Address
P O Box 2791 Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/23/2009
Previous sale date
8/12/1994
Transfer document #
1200-0050
Previous transfer document
094P-0084
Grantor
Louise M Bernard
Previous grantor
Hiram D Jackson
Most recent sale price
$242,000.00
Previous sale price
$1.00
Site Information
Property ID
11-B-197-1
Lot Size
0.48
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
2013
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1666
Number of Kitchen
Gross Living Area
3120
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$221,700.00
Total value
$1,511,500.00
Building value
$1,289,800.00
Estimated tax
$3,854.00
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 8 Elmers Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $145.26 Style Cape Cod Age 2013 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3120 Heating Fuel Gas Detached Garage Lot Size 0.48 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,289,800.00 AEM Value - Land $221,700.00 AEM Value - Other $0.00 AEM Value - Total $1,511,500.00
A) 13 Saddle Club Road 0.8 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) 19 Duncan Close 0.9 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
C) 23 Edgewood Drive 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Elmers Way 12/23/2009 $242,000 0 Cape Cod 1,666 0.48 3 2-0 -
  Criteria
A 13 Saddle Club Road 5/29/2024 $1,250,000 0.8 Cape Cod 1,729 0.5 3 2-0
B 19 Duncan Close 6/27/2024 $1,725,000 0.9 Colonial 1,722 0.63 3 2-0
C 23 Edgewood Drive 6/14/2024 $1,245,000 0.9 Cape Cod 1,439 0.51 3 2-0
Averages 99 days $1,406,667 0.86 --- 1,630 0.55 --- ---  

Estimation of Market Value - $1,906,587

As of today, 09/20/2024, the estimated market value of 8 Elmers Way, Edgartown considering the above 3 comparable properties is $1,906,587.

 

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
@ 8 Elmers Way 12/23/2009 $242,000 0 Cape Cod 1,666 0.48 3 2-0 -
  Criteria
A 10 Elmers Way 10/15/2021 $1 0.0 Vacant Land 0.12 -
B 7 Elmers Way 11/20/2009 $1 0.0 Ranch 955 0.35 1 2-0
C 7 Eagles Nest 5/24/2001 $333,000 0.0 Cape Cod 1,365 0.5 3 2-0
D 18 Teaberry Lane 11/7/2016 $32,000 0.0 Ranch 1,476 0.6 4 4-1
E 39 Jernegan Avenue 1/22/1993 $1 0.0 Cape Cod 1,688 0.65 2 2-0
F 16 Teaberry Lane 4/7/2010 $1 0.0 Cape Cod 1,456 0.68 4 2-0
G 10 Teaberry Lane 3/7/1975 $0 0.0 Colonial 2,557 0.63 4 3-0
H 11 Jernegan Avenue 3/31/2022 $1 0.1 Ranch 1,010 0.32 2 1-0
I 20 Teaberry Lane 12/23/2015 $535,000 0.1 Colonial 2,276 0.51 4 2-0
J 8 Teaberry Lane 7/14/2016 $500,000 0.1 Cape Cod 1,393 0.69 3 2-0
K 4 Elmers Way 10/15/2021 $1 0.1 Ranch 1,471 0.82 2 2-0
L 29 Jernegan Avenue 1/6/2022 $920,000 0.1 Ranch 1,126 0.72 2 1-1
M 5 Elmers Way 5/26/1964 $0 0.1 Cape Cod 1,113 0.51 3 1-0
N 20 Jernegan Avenue 12/21/2021 $10 0.1 Ranch 760 0.38 2 1-0
O 9 Jernegan Avenue 1/21/2011 $1 0.1 Colonial 1,504 0.69 2 3-0
P 26 Jernegan Avenue 4/6/2005 $1 0.1 Ranch 672 0.28 2 1-0
Q 14 Jernegan Avenue 5/1/2023 $185,000 0.1 Ranch 1,231 0.64 3 2-0
R 4 Teaberry Lane 6/3/2009 $1 0.1 Cape Cod 2,358 0.7 4 2-0
S 30 Jernegan Avenue 9/22/1997 $1 0.1 Ranch 864 0.3 3 1-0
T 31 Tenth Street South 7/20/2018 $595,000 0.1 Colonial 1,664 0.17 3 2-1
U 19 Teaberry Lane 11/29/2018 $1,030,000 0.1 Colonial 2,056 0.56 4 2-0
V 37 Tenth Street South 7/3/1996 $2,500 0.1 Vacant Land 0.08 -
W 15 Teaberry Lane 6/19/2007 $1 0.1 Cape Cod 2,630 0.54 6 3-1
X 22 Teaberry Lane 1/30/1997 $128,500 0.1 Ranch 960 0.5 3 1-0
Y 538 Edgartown Vh Road 12/1/1977 $0 0.1 Ranch 1,788 0.33 3 2-0
Z 9 Teaberry Lane 6/9/2022 $1 0.1 Ranch 912 0.98 2 1-0
- 43 Tenth Street South 12/14/2015 $1 0.1 Vacant Land 0.21 -
- 5 Jernegan Avenue 10/22/2018 $1 0.1 Ranch 816 0.35 3 1-0
- 60 Teaberry Lane 1/26/1998 $1 0.1 Ranch 1,186 0.53 4 1-1
- 526 Edgartown Vh Road 1/1/1978 $0 0.1 Ranch 960 0.39 3 1-0
- 38 Jernegan Avenue 12/23/1968 $0 0.1 Ranch 960 0.68 3 1-0
- 8 Jernegan Avenue 3/30/2022 $1 0.1 Ranch 1,620 0.5 3 1-0
- 49 Tenth Street South 5/1/2023 $185,000 0.1 Vacant Land 0.04 -
- 524 Edgartown Vh Road 1/9/2017 $565,000 0.1 Cape Cod 1,920 0.33 3 2-0
- 38 Tenth Street South $0 0.1 Vacant Land 0.17 -
- 22 Tenth Street South 1/13/1987 $2,700 0.1 Vacant Land 0.08 -
- 34 Tenth Street South 12/8/2008 $430,000 0.1 Ranch 1,110 0.17 3 2-0
- 27 Eleventh Street South 12/17/1991 $8,802 0.1 Vacant Land 0.08 -
- 25 Eleventh Street South 8/5/2003 $125,000 0.1 Colonial 1,644 0.08 3 2-0
- 59 Teaberry Lane 12/27/1995 $148,000 0.1 Colonial 1,764 0.5 3 2-1
- 55 Tenth Street South 10/21/2002 $1 0.1 Vacant Land 0.17 -
- 2 Teaberry Lane 2/15/2022 $810,000 0.1 Ranch 1,040 0.31 3 1-0
- 46 Tenth Street South 12/17/1991 $8,802 0.1 Vacant Land 0.04 -
- 5 Teaberry Lane 10/7/2021 $955,000 0.1 Cape Cod 1,368 0.5 3 2-0
- 43 Eleventh Street South 9/9/2022 $980,000 0.1 Cape Cod 1,216 0.17 3 3-0
- 21 Eleventh Street South 6/15/2009 $165,000 0.1 Cape Cod 1,232 0.21 2 1-1
- 35 Eleventh Street South 3/3/2015 $1 0.1 Cape Cod 1,512 0.17 3 2-0
- 11 Eleventh Street South 10/1/2004 $450,000 0.1 Cape Cod 1,470 0.17 2 2-0
- 26 Teaberry Lane 5/15/2001 $289,900 0.1 Ranch 944 0.5 2 1-0
- 12 Tenth Street South $0 0.1 Vacant Land 0.12 -
- 52 Tenth Street South $0 0.1 Vacant Land 0.17 -
- 25 Teaberry Lane 3/9/2022 $10 0.1 Cape Cod 1,988 0.5 3 2-0
- 7 Eleventh Street South 2/22/2007 $1 0.1 Vacant Land 0.12 -
- 45 Eleventh Street South 6/1/1978 $0 0.1 Vacant Land 0.08 -
- 58 Teaberry Lane 3/14/1997 $190,000 0.1 Cape Cod 1,828 0.65 4 2-0
- 1 Teaberry Circle 5/23/2019 $700,000 0.1 Ranch 1,452 0.71 5 3-0
- 44 Jernegan Avenue 2/5/1979 $4,800 0.1 Ranch 680 0.52 2 1-0
- 51 Eleventh Street South 1/13/1987 $1,000 0.1 Vacant Land 0.08 -
- 55 Teaberry Lane 9/15/2016 $669,000 0.1 Cape Cod 1,584 0.5 3 2-0
- 36 Eleventh Street South 6/25/2021 $1 0.1 Cape Cod 1,560 0.17 3 2-0
- 531 Edgartown Vh Road 11/3/2020 $635,000 0.1 Colonial 1,226 0.15 3 2-1
- 535 Edgartown Vh Road 9/15/2017 $175,000 0.1 Colonial 1,872 0.16 2 2-1
- 1 Teaberry Lane 4/28/1987 $140,000 0.1 Ranch 1,410 0.5 3 3-0
- 8 Tenth Street South 8/14/2020 $1,100,000 0.1 Standard Plus 2,029 0.32 3 3-1
Averages 6657 days $203,110 0.09 --- 1,120 0.38 --- ---  
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 197 1 8 Elmers Way