2 Sarahs Way, Edgartown, MA 02539

Owner Information
Owner 1
Lauren Townes
Owner 2
Noah Scheffer
Owner's Address
P O Box 953 Edgartown, MA 02539
Market Sale Information
Most recent sale date
5/18/2016
Previous sale date
7/25/2002
Transfer document #
1405-0998
Previous transfer document
0892-0897
Grantor
Sarah L Townes
Previous grantor
Eugene F Townes
Most recent sale price
$362,500.00
Previous sale price
$1.00
Site Information
Property ID
20-C-129-2
Lot Size
0.26
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
2002
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1456
Number of Kitchen
Gross Living Area
2944
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl Sht Gds
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air-no Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$546,800.00
Total value
$1,205,700.00
Building value
$658,900.00
Estimated tax
$3,074.00
Yard improvement value
$0.00
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 2 Sarahs Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $248.97 Style Ranch Age 2002 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2944 Heating Fuel Gas Detached Garage Lot Size 0.26 Roof Cover Asph/F Gls/Cmp AEM Value - Building $658,900.00 AEM Value - Land $546,800.00 AEM Value - Other $0.00 AEM Value - Total $1,205,700.00
A) 36 Hannahs Way 0.1 7/23/2024 $1,395,000 1,212 1 $1150.99 Ranch 1980 5 3 1 0 1614 Electric 0.12 Asph/F Gls/Cmp $659,500 $457,500 $2,000 $1,119,000
B) 10 High Street 0.5 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) 53 Peases Point Way North 0.6 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
D) 39 Jernegan Pond Road 0.6 5/6/2024 $575,000 1,726 1.5 $333.14 Cape Cod 2006 5 3 2 0 2979 Gas 0.51 Asph/F Gls/Cmp $39,700 $317,600 $0 $357,300
E) 64 Jernegan Pond Road 0.7 6/4/2024 $1,300,000 1,637 1.5 $794.14 Cape Cod 1991 4 1 2 1 4700 Gas 1.4 Asph/F Gls/Cmp $878,100 $347,900 $46,800 $1,272,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Sarahs Way 5/18/2016 $362,500 0 Ranch 1,456 0.26 3 2-0 -
  Criteria
A 36 Hannahs Way 7/23/2024 $1,395,000 0.1 Ranch 1,212 0.12 3 1-0
B 10 High Street 5/10/2024 $3,000,000 0.5 Custom 1,748 0.15 3 1-1
C 53 Peases Point Way North 9/3/2024 $2,500,000 0.6 Custom 1,512 0.11 4 2-0
D 39 Jernegan Pond Road 5/6/2024 $575,000 0.6 Cape Cod 1,726 0.51 3 2-0
E 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.7 Cape Cod 1,637 1.4 1 2-1
Averages 90 days $1,754,000 0.53 --- 1,567 0.46 --- ---  

Estimation of Market Value - $1,575,585

As of today, 09/18/2024, the estimated market value of 2 Sarahs Way, Edgartown considering the above 5 comparable properties is $1,575,585.

 

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
@ 2 Sarahs Way 5/18/2016 $362,500 0 Ranch 1,456 0.26 3 2-0 -
  Criteria
A 6 Chapman Lane 11/13/2015 $1 0.0 Standard Basic 1,663 0.24 4 2-0
B 8 Chapman Lane 3/22/1985 $110,000 0.0 Cape Cod 1,960 0.17 4 2-0
C 16 Chapman Lane 4/26/2021 $950,000 0.0 Ranch 824 0.5 2 1-0
D 75 West Tisbury Road 12/18/2012 $1 0.0 Ranch 1,248 0.19 3 2-1
E 79 West Tisbury Road 4/14/2021 $1,135,000 0.0 Cape Cod 1,520 0.25 2 2-1
F 11 Chapman Lane 12/6/2022 $0 0.0 Ranch 1,456 0.26 3 2-0
G 71 West Tisbury Road 6/20/1997 $104,000 0.0 Bungalow 800 0.28 3 1-1
H 13 Chapman Lane 12/19/2002 $1 0.0 Colonial 2,320 0.26 3 2-1
I 83 West Tisbury Road 1/24/2006 $1,400,000 0.0 Standard Plus 0.46 5 2-1
J 26 Pinehurst Road 6/9/2011 $1 0.0 Cape Cod 1,568 0.42 2 2-0
K 18 Pinehurst Road 10/8/2021 $1 0.0 Ranch 1,503 0.16 3 2-1
L 17 Chapman Lane 4/29/1985 $85,000 0.0 Modern/Contemporary 1,066 0.25 3 1-0
M 34 Pinehurst Road 4/1/2013 $1 0.1 Ranch 387 0.2 1 1-0
N 61 West Tisbury Road 7/10/1998 $850,000 0.1 Store 1.52 2-
O 27 Pinehurst Road 1/26/2021 $690,000 0.1 Ranch 630 0.15 2 1-0
P 38 Pinehurst Road 3/2/2022 $10 0.1 Standard Plus 2,836 0.32 3 2-0
Q 11 Hannahs Way 2/19/2004 $40,000 0.1 Ranch 758 0.16 3 1-0
R 9 Hannahs Way 8/27/2024 $1,099,000 0.1 Ranch 888 0.18 2 2-0
S 15 Pinehurst Road 1/22/2015 $204,000 0.1 Ranch 1,196 0.21 4 2-0
T 13 Hannahs Way 7/12/2022 $1,275,000 0.1 Raised Ranch 1,248 0.25 4 1-1
U 78 West Tisbury Road 9/9/2022 $3,350,000 0.1 Colonial 3,406 0.54 6 4-1
V 74 West Tisbury Road 4/26/1995 $1 0.1 Ranch 1,258 0.25 3 2-0
W 29 Pinehurst Road 5/31/2022 $100 0.1 Cape Cod 1,134 0.17 2 1-0
X 40 Pinehurst Road 5/18/2011 $1 0.1 Ranch 849 0.11 2 1-0
Y 31 Pinehurst Road 6/17/2021 $2,695,000 0.1 Standard Plus 4,346 0.26 3 3-0
Z 70 West Tisbury Road 5/4/2000 $1 0.1 Cape Cod 1,734 0.21 4 3-1
- 21 Pinehurst Road 10/27/2020 $309,000 0.1 Standard Basic 658 0.13 1 1-0
- 23 Pinehurst Road 12/6/2023 $1,550,000 0.1 Ranch 504 0.42 1 0-1
- 35 Pinehurst Road 7/12/2002 $1 0.1 Ranch 1,616 0.26 3 2-0
- 5 Hannahs Way 2/26/2013 $1 0.1 Ranch 936 0.14 2 1-0
- 95 West Tisbury Road 2/23/2012 $1 0.1 Cape Cod 2,159 1.8 3 3-0
- 42 Pinehurst Road 4/1/2021 $700,000 0.1 Ranch 720 0.11 3 2-0
- 66 West Tisbury Road 3/23/2017 $1 0.1 Cape Cod 1,960 0.38 5 2-0
- 7 Pinehurst Road 1/24/2014 $440,000 0.1 Cape Cod 624 0.35 2 1-0
- 90 West Tisbury Road 12/27/2021 $1,430,000 0.1 Cape Cod 2,088 0.52 3 2-0
- 17 Pine Tree Lane 3/23/2018 $400,000 0.1 Ranch 2,518 0.23 3 2-1
- 17 Hannahs Way 9/19/2017 $1 0.1 Colonial 792 0.14 1 1-0
- 39 Pinehurst Road 6/14/2006 $1 0.1 Ranch 972 0.23 3 2-0
- 41 Pinehurst Road 10/27/1995 $40,000 0.1 Ranch 663 0.12 2 1-0
- 46 Pinehurst Road 12/30/1998 $120,000 0.1 Cape Cod 1,440 0.15 4 2-0
- 20 Hannahs Way 3/20/2015 $367,000 0.1 Cape Cod 1,810 0.24 3 2-0
- 51 West Tisbury Road 1/22/2020 $1 0.1 Ranch 846 0.19 2 1-0
- 208 Upper Main Street 10/1/2013 $1 0.1 Condominium 2,008 0 3 2-2
- 210 Upper Main Street Unit 2 10/11/2013 $438,000 0.1 Condominium 1,367 0 1 1-1
- 60 West Tisbury Road 4/17/2020 $1 0.1 Cape Cod 1,420 0.59 3 2-0
- 19 Hannahs Way 9/19/2017 $1 0.1 Colonial 1,824 0.14 3 1-1
- 218 Upper Main Street 3/16/2018 $1 0.1 Restaurant 0.2 1 1-
- 212 Upper Main Street 2/1/2008 $1 0.1 Store 0.58 0-
- 220 Upper Main Street 11/18/2020 $1,000,000 0.1 Standard Plus 1,596 0.23 3 2-0
- 8 Hannahs Way 2/16/1996 $139,500 0.1 Cape Cod 1,323 0.14 3 2-0
- 2 Marchants Path 11/2/1998 $200,000 0.1 Cape Cod 1,809 0.5 3 2-0
- 58 West Tisbury Road 7/6/2016 $1 0.1 Cape Cod 2,272 0.22 4 2-0
- 43 Pinehurst Road 7/8/2022 $1 0.1 Standard Basic 833 0.29 3 1-0
- 10 Pine Tree Lane Unit 3A 10/20/2021 $550,000 0.1 Condominium 760 0.12 2 1-1
- 12 Pine Tree Lane Unit 3B 9/20/2019 $420,000 0.1 Condominium 760 0.12 2 1-1
- 14 Pine Tree Lane Unit 2A 12/21/2016 $325,000 0.1 Condominium 760 0.09 2 1-1
- 16 Pine Tree Lane Unit 2B 5/7/2012 $1 0.1 Condominium 760 0.09 2 1-1
- 49 West Tisbury Road 3/3/2003 $1 0.1 Ranch 940 0.19 2 2-0
- 50 Pinehurst Road 3/6/2017 $600,000 0.1 Colonial 1,225 0.12 3 2-0
- 96 West Tisbury Road 12/17/2012 $1 0.1 Cape Cod 1,624 1.1 3 1-1
- 222 Upper Main Street 7/30/2018 $2,000,000 0.1 Standard Plus 6,465 0.51 9 10-0
- 21 Hannahs Way 8/31/2021 $1 0.1 Ranch 960 0.14 3 2-0
- 1 Marchants Path 9/20/2019 $1,500,000 0.1 Colonial 0.5 3 2-1
- 4 M Daniels Lane 12/17/1973 $0 0.1 Health Club 1.1 2-
- 103 West Tisbury Road 5/19/1983 $1 0.1 Cape Cod 2,574 0.79 4 5-0
- 202 Upper Main Street 4/21/1998 $100,000 0.1 Colonial 2,201 0.15 2 1-0
- 6 Hannahs Way 5/1/2003 $325,000 0.1 Ranch 936 0.14 2 1-0
- 22 Hannahs Way 6/2/2017 $780,000 0.1 Standard Basic 1,736 0.25 3 2-1
- 206 Upper Main Street 5/5/2000 $620,000 0.1 Employee Housng 3,338 0.3 8 7-0
- 19 Pine Tree Lane 11/30/2005 $400,000 0.1 Cape Cod 1,638 0.19 4 2-0
- 45 West Tisbury Road 10/27/1995 $112,000 0.1 Bungalow 1,370 0.19 3 1-0
- 3 Bernard Way 4/14/2023 $1,330,000 0.1 Ranch 525 0.23 2 1-0
- 56 Robinson Road 7/29/2022 $3,775,000 0.1 Standard Plus 3,792 0.63 4 3-1
- 7 Bernard Way 12/31/2021 $800,000 0.1 Outbuildings 0.24 -
- 54 Pinehurst Road Unit 1 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 54 Pinehurst Road Unit 2 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 54 Pinehurst Road Unit 3 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 54 Pinehurst Road Unit 4 5/5/1999 $260,000 0.1 Condominium 680 0 1 1-1
- 50 West Tisbury Road 4/22/1983 $32,500 0.1 Ranch 647 0.15 2 1-0
- 230 Upper Main Street 11/22/2019 $1,223,000 0.1 Standard Basic 3,265 0.3 5 3-1
- 25 Hannahs Way 6/17/1998 $139,000 0.1 Ranch 936 0.15 2 1-0
- 49 Pinehurst Road 12/18/2017 $1 0.1 Cape Cod 1,638 0.17 3 2-0
- 200 Upper Main Street 2/15/1961 $0 0.1 Bungalow 620 0.22 1 1-0
- 20 Pine Tree Lane 7/2/1990 $130,000 0.1 Ranch 1,200 0.29 3 1-0
Averages 5354 days $444,311 0.09 --- 1,366 0.29 --- ---  
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 C 129 2 2 Sarahs Way