3 Marchants Path, Edgartown, MA 02539

3 Marchants Path Edgartown MA 02539
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Owner Information
Owner 1
Eleanor A Bates
Owner 2
Eleanor A Bates Trust
Owner's Address
P O Box 878 Edgartown, MA 02539
Market Sale Information
Most recent sale date
7/14/2020
Previous sale date
12/6/2012
Transfer document #
1535-287
Previous transfer document
1299-1074
Grantor
Eleanor A Bates
Previous grantor
Gordon Bates
Most recent sale price
$10.00
Previous sale price
$1.00
Site Information
Property ID
20-C-137-13
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
5
Stories
1.75
Number of Beds
3
Year Built
1985
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2824
Number of Kitchen
Gross Living Area
5082
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
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
$571,200.00
Total value
$1,413,500.00
Building value
$838,900.00
Estimated tax
$3,604.00
Yard improvement value
$3,400.00
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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 3 Marchants Path Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1985 Rooms 5 Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area 5082 Heating Fuel Oil Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $838,900.00 AEM Value - Land $571,200.00 AEM Value - Other $3,400.00 AEM Value - Total $1,413,500.00
A) 109 School Street 0.4 4/9/2024 $3,800,000 3,193 1.75 $1190.10 Custom 1900 6 4 0 4453 Oil 0.17 Asph/F Gls/Cmp $1,642,100 $1,061,900 $8,200 $2,712,200
B) 62 South Water Street 0.6 5/3/2024 $4,500,000 2,807 2 $1603.14 Historical Custom 1825 9 4 4 1 3710 Gas 0.13 Wood Shingle $1,846,400 $1,958,500 $10,900 $3,815,800
C) 26 Morse Street 0.8 8/1/2024 $3,800,000 2,408 2 $1578.07 Historical Custom 1840 8 4 2 1 2746 Oil 0.18 Asph/F Gls/Cmp $1,647,800 $1,676,000 $6,600 $3,330,400
D) 17 Lenssen Way 0.8 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
@ 3 Marchants Path 7/14/2020 $10 0 Colonial 2,824 0.5 3 3-0 -
  Criteria
A 109 School Street 4/9/2024 $3,800,000 0.4 Custom 3,193 0.17 6 4-0
B 62 South Water Street 5/3/2024 $4,500,000 0.6 Historical Custom 2,807 0.13 4 4-1
C 26 Morse Street 8/1/2024 $3,800,000 0.8 Historical Custom 2,408 0.18 4 2-1
D 17 Lenssen Way 4/8/2024 $3,840,000 0.8 Standard Plus 2,300 2.01 3 4-0
Averages 129 days $3,985,000 0.62 --- 2,677 0.62 --- ---  

Estimation of Market Value - $2,967,618

As of today, 09/19/2024, the estimated market value of 3 Marchants Path, Edgartown considering the above 4 comparable properties is $2,967,618.

 

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
@ 3 Marchants Path 7/14/2020 $10 0 Colonial 2,824 0.5 3 3-0 -
  Criteria
A 5 Marchants Path 8/31/2020 $1,195,000 0.0 Cape Cod 0.5 3 2-0
B 4 Marchants Path 7/3/2013 $1 0.0 Colonial 2,208 0.5 4 3-1
C 1 Marchants Path 9/20/2019 $1,500,000 0.0 Colonial 0.5 3 2-1
D 2 Marchants Path 11/2/1998 $200,000 0.0 Cape Cod 1,809 0.5 3 2-0
E 2 M Daniels Lane 8/20/1976 $0 0.0 Vacant Land 0.2 -
F 96 West Tisbury Road 12/17/2012 $1 0.1 Cape Cod 1,624 1.1 3 1-1
G 4 M Daniels Lane 12/17/1973 $0 0.1 Health Club 1.1 2-
H 90 West Tisbury Road 12/27/2021 $1,430,000 0.1 Cape Cod 2,088 0.52 3 2-0
I 78 West Tisbury Road 9/9/2022 $3,350,000 0.1 Colonial 3,406 0.54 6 4-1
J 74 West Tisbury Road 4/26/1995 $1 0.1 Ranch 1,258 0.25 3 2-0
K 70 West Tisbury Road 5/4/2000 $1 0.1 Cape Cod 1,734 0.21 4 3-1
L 66 West Tisbury Road 3/23/2017 $1 0.1 Cape Cod 1,960 0.38 5 2-0
M 56 Robinson Road 7/29/2022 $3,775,000 0.1 Standard Plus 3,792 0.63 4 3-1
N 60 West Tisbury Road 4/17/2020 $1 0.1 Cape Cod 1,420 0.59 3 2-0
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 83 West Tisbury Road 1/24/2006 $1,400,000 0.1 Standard Plus 0.46 5 2-1
R 71 West Tisbury Road 6/20/1997 $104,000 0.1 Bungalow 800 0.28 3 1-1
S 52 Robinson Road 9/1/2022 $100 0.1 Cape Cod 2,752 0.56 3 2-0
T 58 West Tisbury Road 7/6/2016 $1 0.1 Cape Cod 2,272 0.22 4 2-0
Averages 5492 days $704,455 0.08 --- 1,495 0.47 --- ---  
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 13 3 Marchants Path