5 Elmers Way, Edgartown, MA 02539

5 Elmers Way Edgartown MA 02539
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Owner Information
Owner 1
Winifred T Drake
Owner 2
Owner's Address
P O Box 1621 Edgartown,, MA 02539
Market Sale Information
Most recent sale date
5/26/1964
Previous sale date
Transfer document #
00253-0015
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
11-B-199-2
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
5
Stories
1.75
Number of Beds
3
Year Built
1952
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1113
Number of Kitchen
Gross Living Area
1794
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
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
$222,300.00
Total value
$594,100.00
Building value
$369,200.00
Estimated tax
$1,514.00
Yard improvement value
$2,600.00
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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 Elmers Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1952 Rooms 5 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area 1794 Heating Fuel Oil Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $369,200.00 AEM Value - Land $222,300.00 AEM Value - Other $2,600.00 AEM Value - Total $594,100.00
A) 4 Fowler Avenue 0.5 4/29/2024 $1,300,000 1,184 2 $1097.97 Standard Basic 2002 4 1 1 0 1980 Gas 0.23 Asph/F Gls/Cmp $156,400 $1,013,600 $3,800 $1,173,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Elmers Way 5/26/1964 $0 0 Cape Cod 1,113 0.51 3 1-0 -
  Criteria
A 4 Fowler Avenue 4/29/2024 $1,300,000 0.5 Standard Basic 1,184 0.23 1 1-0
Averages 144 days $1,300,000 0.49 --- 1,184 0.23 --- ---  

Estimation of Market Value - $940,009

As of today, 09/20/2024, the estimated market value of 5 Elmers Way, Edgartown considering the above 1 comparable properties is $940,009.

 

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 Elmers Way 5/26/1964 $0 0 Cape Cod 1,113 0.51 3 1-0 -
  Criteria
A 4 Elmers Way 10/15/2021 $1 0.0 Ranch 1,471 0.82 2 2-0
B 4 Teaberry Lane 6/3/2009 $1 0.0 Cape Cod 2,358 0.7 4 2-0
C 526 Edgartown Vh Road 1/1/1978 $0 0.0 Ranch 960 0.39 3 1-0
D 538 Edgartown Vh Road 12/1/1977 $0 0.0 Ranch 1,788 0.33 3 2-0
E 9 Jernegan Avenue 1/21/2011 $1 0.0 Colonial 1,504 0.69 2 3-0
F 8 Teaberry Lane 7/14/2016 $500,000 0.0 Cape Cod 1,393 0.69 3 2-0
G 524 Edgartown Vh Road 1/9/2017 $565,000 0.0 Cape Cod 1,920 0.33 3 2-0
H 7 Elmers Way 11/20/2009 $1 0.0 Ranch 955 0.35 1 2-0
I 2 Teaberry Lane 2/15/2022 $810,000 0.1 Ranch 1,040 0.31 3 1-0
J 5 Jernegan Avenue 10/22/2018 $1 0.1 Ranch 816 0.35 3 1-0
K 11 Jernegan Avenue 3/31/2022 $1 0.1 Ranch 1,010 0.32 2 1-0
L 8 Elmers Way 12/23/2009 $242,000 0.1 Cape Cod 1,666 0.48 3 2-0
M 10 Teaberry Lane 3/7/1975 $0 0.1 Colonial 2,557 0.63 4 3-0
N 7 Eagles Nest 5/24/2001 $333,000 0.1 Cape Cod 1,365 0.5 3 2-0
O 10 Elmers Way 10/15/2021 $1 0.1 Vacant Land 0.12 -
P 531 Edgartown Vh Road 11/3/2020 $635,000 0.1 Colonial 1,226 0.15 3 2-1
Q 0 Fourteenth Street North 12/23/1996 $1 0.1 Vacant Land 0.08 -
R 535 Edgartown Vh Road 9/15/2017 $175,000 0.1 Colonial 1,872 0.16 2 2-1
S 8 Jernegan Avenue 3/30/2022 $1 0.1 Ranch 1,620 0.5 3 1-0
T 5 Teaberry Lane 10/7/2021 $955,000 0.1 Cape Cod 1,368 0.5 3 2-0
U 529 Edgartown Vh Road 6/24/2020 $545,000 0.1 Ranch 1,344 0.37 3 2-0
V 14 Jernegan Avenue 5/1/2023 $185,000 0.1 Ranch 1,231 0.64 3 2-0
W 525 Edgartown Vh Road 3/6/1991 $1 0.1 Cape Cod 1,260 0.14 3 1-1
X 16 Teaberry Lane 4/7/2010 $1 0.1 Cape Cod 1,456 0.68 4 2-0
Y 9 Teaberry Lane 6/9/2022 $1 0.1 Ranch 912 0.98 2 1-0
Z 1 Teaberry Lane 4/28/1987 $140,000 0.1 Ranch 1,410 0.5 3 3-0
- 39 Jernegan Avenue 1/22/1993 $1 0.1 Cape Cod 1,688 0.65 2 2-0
- 521 Edgartown Vh Road 7/30/1984 $1 0.1 Vacant Land 0.08 -
- 519 Edgartown Vh Road 2/20/2002 $1 0.1 Vacant Land 0.08 -
- 10 Fourteenth Street North 5/21/2018 $18,000 0.1 Vacant Land 0.14 -
- 18 Teaberry Lane 11/7/2016 $32,000 0.1 Ranch 1,476 0.6 4 4-1
- 20 Jernegan Avenue 12/21/2021 $10 0.1 Ranch 760 0.38 2 1-0
- 10 Thirteenth Street North 10/30/1995 $124,000 0.1 Ranch 1,197 0.28 3 1-1
- 7 Fourteenth Street North 4/2/1999 $15,000 0.1 Outbuildings 0.14 -
- 541 Edgartown Vh Road 9/1/1978 $0 0.1 Cape Cod 1,772 0.73 3 1-1
- 15 Thirteenth Street North 7/20/2016 $205,000 0.1 Cape Cod 1,764 0.34 3 3-0
- 31 Tenth Street South 7/20/2018 $595,000 0.1 Colonial 1,664 0.17 3 2-1
- 7 Eleventh Street South 2/22/2007 $1 0.1 Vacant Land 0.12 -
- 12 Tenth Street South $0 0.1 Vacant Land 0.12 -
- 18 Fourteenth Street North 2/20/2007 $1 0.1 Ranch 2,104 0.28 3 3-0
- 60 Teaberry Lane 1/26/1998 $1 0.1 Ranch 1,186 0.53 4 1-1
- 22 Tenth Street South 1/13/1987 $2,700 0.1 Vacant Land 0.08 -
- 12 Anthiers Way 6/11/1997 $35,000 0.1 Colonial 888 0.41 2 1-0
- 11 Eleventh Street South 10/1/2004 $450,000 0.1 Cape Cod 1,470 0.17 2 2-0
- 26 Jernegan Avenue 4/6/2005 $1 0.1 Ranch 672 0.28 2 1-0
- 510 Edgartown Vh Road 10/26/2022 $1 0.1 Cape Cod 2,016 3 4 1-1
- 8 Tenth Street South 8/14/2020 $1,100,000 0.1 Standard Plus 2,029 0.32 3 3-1
- 15 Fourteenth Street North 4/26/2018 $190,000 0.1 Cape Cod 1,056 0.21 2 2-0
- 20 Teaberry Lane 12/23/2015 $535,000 0.1 Colonial 2,276 0.51 4 2-0
- 19 Thirteenth Street North 7/20/2016 $205,000 0.1 Vacant Land 0.07 -
- 20 Thirteenth Street North 8/30/2021 $1 0.1 Cape Cod 1,844 0.28 4 2-0
- 37 Tenth Street South 7/3/1996 $2,500 0.1 Vacant Land 0.08 -
- 29 Jernegan Avenue 1/6/2022 $920,000 0.1 Ranch 1,126 0.72 2 1-1
- 25 Eleventh Street South 8/5/2003 $125,000 0.1 Colonial 1,644 0.08 3 2-0
- 21 Eleventh Street South 6/15/2009 $165,000 0.1 Cape Cod 1,232 0.21 2 1-1
- 27 Eleventh Street South 12/17/1991 $8,802 0.1 Vacant Land 0.08 -
- 1 Pilgrim Road 1/23/1990 $1 0.1 Service Shop 1.4 0-
- 23 Thirteenth Street North 7/20/2016 $205,000 0.1 Vacant Land 0.28 -
- 30 Jernegan Avenue 9/22/1997 $1 0.1 Ranch 864 0.3 3 1-0
- 15 Teaberry Lane 6/19/2007 $1 0.1 Cape Cod 2,630 0.54 6 3-1
- 34 Tenth Street South 12/8/2008 $430,000 0.1 Ranch 1,110 0.17 3 2-0
- 19 Fourteenth Street North 7/30/2007 $350,000 0.1 Standard Basic 705 0.21 2 1-0
Averages 6226 days $174,162 0.08 --- 1,124 0.42 --- ---  
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 199 2 5 Elmers Way