28 Gaines Way, Edgartown, MA 02539

28 Gaines Way Edgartown MA 02539
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Owner Information
Owner 1
Batty Sara O Residence Trust
Owner 2
Grannys Necklace LLC
Owner's Address
15 Lockley Ct Mountain Lakes, NJ 07046-1232
Market Sale Information
Most recent sale date
12/31/2009
Previous sale date
12/16/1987
Transfer document #
1200-0757
Previous transfer document
00490-0201
Grantor
Sara O Batty
Previous grantor
Foster S Osborne
Most recent sale price
$1.00
Previous sale price
$276,700.00
Site Information
Property ID
20-B-100
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
5
Stories
1.5
Number of Beds
3
Year Built
1910
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1896
Number of Kitchen
Gross Living Area
2253
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
None
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Coal or Wood
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$4,765,800.00
Total value
$5,438,400.00
Building value
$666,400.00
Estimated tax
$13,867.00
Yard improvement value
$6,200.00
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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 28 Gaines Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Custom Age 1910 Rooms 5 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2253 Heating Fuel Coal or Wood Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $666,400.00 AEM Value - Land $4,765,800.00 AEM Value - Other $6,200.00 AEM Value - Total $5,438,400.00
A) 53 Peases Point Way North 0.4 9/3/2024 $2,500,000 1,512 2 $1653.44 Custom 1928 8 4 2 0 2449 Oil 0.11 Asph/F Gls/Cmp $743,800 $953,400 $800 $1,698,000
B) 10 High Street 0.8 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $896,900 $1,601,700 $4,400 $2,503,000
C) 17 Lenssen Way 0.9 4/8/2024 $3,840,000 2,300 1.75 $1669.57 Standard Plus 2001 8 3 4 0 4709 Gas 2.01 Wood Shingle $1,366,900 $1,779,700 $8,200 $3,154,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 28 Gaines Way 12/31/2009 $1 0 Custom 1,896 0.51 3 2-1 -
  Criteria
A 53 Peases Point Way North 9/3/2024 $2,500,000 0.4 Custom 1,512 0.11 4 2-0
B 10 High Street 5/10/2024 $3,000,000 0.8 Custom 1,748 0.15 3 1-1
C 17 Lenssen Way 4/8/2024 $3,840,000 0.9 Standard Plus 2,300 2.01 3 4-0
Averages 105 days $3,113,333 0.70 --- 1,853 0.76 --- ---  

Estimation of Market Value - $5,045,198

As of today, 09/19/2024, the estimated market value of 28 Gaines Way, Edgartown considering the above 3 comparable properties is $5,045,198.

 

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
@ 28 Gaines Way 12/31/2009 $1 0 Custom 1,896 0.51 3 2-1 -
  Criteria
A 34 Gaines Way 5/3/1979 $55,000 0.0 Modern/Contemporary 3,712 0.39 5 5-0
B 40 Gaines Way 9/5/2024 $9,523,000 0.0 Custom 3,038 0.46 4 4-0
C 82 Fuller Street 4/4/2016 $1 0.0 Estate 3,592 0.61 4 3-0
D 44 Gaines Way 4/5/2010 $4,392,500 0.0 Custom 3,887 0.43 5 4-3
E 76 Fuller Street 12/24/2012 $1 0.1 Custom 0.29 3 3-0
F 15 Gaines Way 2/12/2001 $9,000,000 0.1 Custom 6,917 1.96 5 6-2
G 94 Fuller Street 8/9/2001 $1 0.1 Custom 4,791 0.62 5 8-1
H 74 Fuller Street 12/24/2012 $1 0.1 Custom 2,077 0.3 3 4-0
I 50 Gaines Way 9/27/2013 $2,788,875 0.1 Custom 3,340 0.58 5 4-1
J 21 Starbuck Neck Road 10/30/1996 $2,450,000 0.1 Estate 5,670 0.95 6 6-1
K 72 Fuller Street 9/27/2013 $1,373,625 0.1 Outbuildings 0.3 -
L 18 Starbuck Neck Road 7/21/2022 $1 0.1 Estate 0.45 6 6-1
M 66 Fuller Street 8/19/2009 $1 0.1 Cape Cod 1,428 0.38 2 2-0
N 1 Ox Pond Meadow 12/28/2000 $1 0.1 Colonial 2,412 1.1 4 4-0
O 15 Starbuck Neck Road 12/31/2002 $1 0.1 Estate 4,299 0.74 5 4-0
P 0 Orr Lane $0 0.1 Vacant Land 3.7 -
Q 14 Starbuck Neck Road 6/7/2013 $1 0.1 Estate 6,726 0.34 5 4-2
R 26 Orr Lane 1/25/2021 $5,500,000 0.1 Standard Basic 394 1.13 2 1-0
S 60 Fuller Street 1/13/1984 $285,000 0.1 Cape Cod 2,115 0.38 2 4-0
T 63 Fuller Street 10/31/2016 $2,950,000 0.1 Job Shop(s) 0.34 3 2-
U 20 Orr Lane 1/25/2021 $9,500,000 0.1 Custom 4,444 1.22 4 3-0
V 23 Thayer Street 10/14/2014 $2,900,000 0.1 Outbuildings 0.38 -
W 0 Orr Lane 12/29/1989 $6,500 0.1 Vacant Land 3.7 -
Averages 6025 days $2,205,413 0.08 --- 2,558 0.9 --- ---  
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 B 100 28 Gaines Way