2 Marchants Path, Edgartown, MA 02539

2 Marchants Path Edgartown MA 02539
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Owner Information
Owner 1
Douglas Daniel Dexter
Owner 2
Owner's Address
P O Box 1427 Edgartown, MA 02539
Market Sale Information
Most recent sale date
11/2/1998
Previous sale date
4/23/1986
Transfer document #
0745-0378
Previous transfer document
00446-0306
Grantor
Paul A Dexter
Previous grantor
Colonial Reproductions Inc
Most recent sale price
$200,000.00
Previous sale price
$170,000.00
Site Information
Property ID
20-C-137-12
Lot Size
0.5
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
1985
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1809
Number of Kitchen
Gross Living Area
2716
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
$571,200.00
Total value
$1,182,100.00
Building value
$606,000.00
Estimated tax
$3,014.00
Yard improvement value
$4,900.00
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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 2 Marchants Path Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $110.56 Style Cape Cod Age 1985 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2716 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $606,000.00 AEM Value - Land $571,200.00 AEM Value - Other $4,900.00 AEM Value - Total $1,182,100.00
A) 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
B) 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
C) 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
D) 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 Marchants Path 11/2/1998 $200,000 0 Cape Cod 1,809 0.5 3 2-0 -
  Criteria
A 10 High Street 5/10/2024 $3,000,000 0.5 Custom 1,748 0.15 3 1-1
B 53 Peases Point Way North 9/3/2024 $2,500,000 0.6 Custom 1,512 0.11 4 2-0
C 39 Jernegan Pond Road 5/6/2024 $575,000 0.6 Cape Cod 1,726 0.51 3 2-0
D 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.7 Cape Cod 1,637 1.4 1 2-1
Averages 98 days $1,843,750 0.62 --- 1,656 0.54 --- ---  

Estimation of Market Value - $1,754,743

As of today, 09/19/2024, the estimated market value of 2 Marchants Path, Edgartown considering the above 4 comparable properties is $1,754,743.

 

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
@ 2 Marchants Path 11/2/1998 $200,000 0 Cape Cod 1,809 0.5 3 2-0 -
  Criteria
A 1 Marchants Path 9/20/2019 $1,500,000 0.0 Colonial 0.5 3 2-1
B 78 West Tisbury Road 9/9/2022 $3,350,000 0.0 Colonial 3,406 0.54 6 4-1
C 74 West Tisbury Road 4/26/1995 $1 0.0 Ranch 1,258 0.25 3 2-0
D 4 M Daniels Lane 12/17/1973 $0 0.0 Health Club 1.1 2-
E 2 M Daniels Lane 8/20/1976 $0 0.0 Vacant Land 0.2 -
F 3 Marchants Path 7/14/2020 $10 0.0 Colonial 2,824 0.5 3 3-0
G 70 West Tisbury Road 5/4/2000 $1 0.0 Cape Cod 1,734 0.21 4 3-1
H 4 Marchants Path 7/3/2013 $1 0.0 Colonial 2,208 0.5 4 3-1
I 90 West Tisbury Road 12/27/2021 $1,430,000 0.1 Cape Cod 2,088 0.52 3 2-0
J 66 West Tisbury Road 3/23/2017 $1 0.1 Cape Cod 1,960 0.38 5 2-0
K 5 Marchants Path 8/31/2020 $1,195,000 0.1 Cape Cod 0.5 3 2-0
L 96 West Tisbury Road 12/17/2012 $1 0.1 Cape Cod 1,624 1.1 3 1-1
M 60 West Tisbury Road 4/17/2020 $1 0.1 Cape Cod 1,420 0.59 3 2-0
N 56 Robinson Road 7/29/2022 $3,775,000 0.1 Standard Plus 3,792 0.63 4 3-1
O 79 West Tisbury Road 4/14/2021 $1,135,000 0.1 Cape Cod 1,520 0.25 2 2-1
P 75 West Tisbury Road 12/18/2012 $1 0.1 Ranch 1,248 0.19 3 2-1
Q 71 West Tisbury Road 6/20/1997 $104,000 0.1 Bungalow 800 0.28 3 1-1
R 83 West Tisbury Road 1/24/2006 $1,400,000 0.1 Standard Plus 0.46 5 2-1
S 58 West Tisbury Road 7/6/2016 $1 0.1 Cape Cod 2,272 0.22 4 2-0
T 52 Robinson Road 9/1/2022 $100 0.1 Cape Cod 2,752 0.56 3 2-0
U 8 Chapman Lane 3/22/1985 $110,000 0.1 Cape Cod 1,960 0.17 4 2-0
V 12 Chapman Lane 6/16/1971 $0 0.1 Cape Cod 1,898 0.24 3 1-1
W 2 Sarahs Way 5/18/2016 $362,500 0.1 Ranch 1,456 0.26 3 2-0
X 16 Chapman Lane 4/26/2021 $950,000 0.1 Ranch 824 0.5 2 1-0
Y 50 West Tisbury Road 4/22/1983 $32,500 0.1 Ranch 647 0.15 2 1-0
Z 61 West Tisbury Road 7/10/1998 $850,000 0.1 Store 1.52 2-
- 6 Chapman Lane 11/13/2015 $1 0.1 Standard Basic 1,663 0.24 4 2-0
- 51 West Tisbury Road 1/22/2020 $1 0.1 Ranch 846 0.19 2 1-0
- 51 Robinson Road 1/11/1989 $0 0.1 Cape Cod 1,386 0.15 2 2-0
- 48 West Tisbury Road 1/31/2020 $1 0.1 Standard Basic 1,959 0.09 3 3-0
- 49 West Tisbury Road 3/3/2003 $1 0.1 Ranch 940 0.19 2 2-0
- 18 Pinehurst Road 10/8/2021 $1 0.1 Ranch 1,503 0.16 3 2-1
Averages 6043 days $506,066 0.08 --- 1,437 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
20 C 137 12 2 Marchants Path