70 Old Purchase Road, Edgartown, MA 02539

70 Old Purchase Road Edgartown MA 02539
Owner Information
Owner 1
Robert E Clermont & Judith D
Owner 2
Owner's Address
P O Box 410 Vineyard Haven, MA 02568
Market Sale Information
Most recent sale date
5/20/1988
Previous sale date
5/5/1986
Transfer document #
00500-0191
Previous transfer document
00447-0108
Grantor
Ralph R Tedeschi
Previous grantor
George E Pessotti
Most recent sale price
$202,500.00
Previous sale price
$146,000.00
Site Information
Property ID
21-134-22
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1596
Number of Kitchen
Gross Living Area
3044
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$334,600.00
Total value
$924,600.00
Building value
$588,400.00
Estimated tax
$2,357.00
Yard improvement value
$1,600.00
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 70 Old Purchase Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $126.88 Style Cape Cod Age 1985 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3044 Heating Fuel Electric Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $588,400.00 AEM Value - Land $334,600.00 AEM Value - Other $1,600.00 AEM Value - Total $924,600.00
A) 19 Duncan Close 0.2 6/27/2024 $1,725,000 1,722 1.75 $1001.74 Colonial 1984 5 3 2 0 4202 Gas 0.63 Asph/F Gls/Cmp $540,200 $238,100 $1,700 $780,000
B) 64 Jernegan Pond Road 0.4 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
C) 39 Jernegan Pond Road 0.5 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 70 Old Purchase Road 5/20/1988 $202,500 0 Cape Cod 1,596 0.51 3 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.2 Colonial 1,722 0.63 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.4 Cape Cod 1,637 1.4 1 2-1
C 39 Jernegan Pond Road 5/6/2024 $575,000 0.5 Cape Cod 1,726 0.51 3 2-0
Averages 110 days $1,200,000 0.39 --- 1,695 0.85 --- ---  

Estimation of Market Value - $1,255,500

As of today, 09/20/2024, the estimated market value of 70 Old Purchase Road, Edgartown considering the above 3 comparable properties is $1,255,500.

 

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
@ 70 Old Purchase Road 5/20/1988 $202,500 0 Cape Cod 1,596 0.51 3 2-0 -
  Criteria
A 66 Old Purchase Road 5/25/2010 $1 0.0 Colonial 1,786 0.51 3 2-0
B 74 Old Purchase Road 6/30/1986 $1 0.0 Vacant Land 0.6 -
C 78 Old Purchase Road 6/30/2015 $525,000 0.0 Colonial 1,583 0.51 4 2-2
D 60 Old Purchase Road 6/24/2016 $530,000 0.0 Colonial 1,468 0.5 4 2-0
E 71 Old Purchase Road 4/14/1994 $151,500 0.0 Cape Cod 1,564 0.57 3 2-0
F 65 Old Purchase Road 2/7/2011 $1 0.1 Colonial 1,426 0.65 3 2-0
G 75 Old Purchase Road 10/3/1985 $34,000 0.1 Colonial 1,536 0.56 4 2-1
H 59 Old Purchase Road 12/13/2019 $743,000 0.1 Colonial 1,580 0.61 4 2-0
I 4 Old Purchase Way 4/17/2020 $1 0.1 Cape Cod 1,491 0.54 4 2-0
J 8 Old Purchase Way 2/27/2023 $1,100,000 0.1 Colonial 1,583 0.51 4 2-0
K 56 Old Purchase Road 12/20/1991 $181,000 0.1 Colonial 1,717 0.51 4 2-0
L 79 Old Purchase Road 8/4/2015 $675,000 0.1 Cape Cod 1,951 0.57 3 2-0
M 55 Old Purchase Road 11/6/2015 $725,000 0.1 Colonial 2,001 0.61 5 3-1
N 0 Old Purchase Way 6/30/1986 $1 0.1 Vacant Land 0.88 -
O 21 Donaldbin Close 5/4/2016 $387,000 0.1 Colonial 1,454 0.63 3 1-1
P 27 Donaldbin Close 7/12/2005 $1 0.1 Colonial 2,828 0.82 3 3-0
Q 92 Old Purchase Road 10/26/2012 $540,000 0.1 Colonial 1,583 0.54 4 2-1
R 15 Donaldbin Close 7/8/2002 $1 0.1 Cape Cod 1,644 0.63 3 2-0
S 87 Old Purchase Road 8/1/2002 $389,000 0.1 Standard Plus 1,608 0.51 3 2-0
T 51 Old Purchase Road 10/2/2020 $1,050,000 0.1 Colonial 1,346 0.52 4 3-0
U 345 West Tisbury Road 6/27/2008 $640,500 0.1 Vacant Land 4.44 -
V 325 West Tisbury Road 8/30/2012 $900,000 0.1 Vacant Land 11.8 -
W 9 Old Purchase Way 5/26/2022 $1 0.1 Cape Cod 1,964 0.5 4 2-1
X 48 Old Purchase Road 2/29/2008 $525,000 0.1 Colonial 1,269 0.56 3 2-0
Y 94 Old Purchase Road 6/18/2015 $470,000 0.1 Colonial 1,250 0.5 3 2-0
Z 91 Old Purchase Road 4/15/2021 $100 0.1 Colonial 1,535 0.51 4 2-0
- 47 Old Purchase Road 5/30/2017 $1 0.1 Cape Cod 1,576 0.52 4 2-0
- 9 Donaldbin Close 6/2/2009 $1 0.1 Cape Cod 2,309 0.69 4 2-1
- 14 Donaldbin Close 4/28/2008 $1 0.1 Modern/Contemporary 1,600 0.84 3 3-0
Averages 5535 days $329,866 0.08 --- 1,436 1.11 --- ---  
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
21 134 22 70 Old Purchase Road