40 Old Purchase Road, Edgartown, MA 02539

40 Old Purchase Road Edgartown MA 02539
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Owner Information
Owner 1
Jane E Safar
Owner 2
Old Purchase Road Realty Tru
Owner's Address
81A Norwood Ave Newton Centre, MA 02459
Market Sale Information
Most recent sale date
3/10/2000
Previous sale date
6/22/1998
Transfer document #
0791-0834
Previous transfer document
0733-0639
Grantor
Jane Safar
Previous grantor
Serge Safar
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
21-134-27
Lot Size
0.52
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1828
Number of Kitchen
Gross Living Area
4870
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
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
$336,700.00
Total value
$881,000.00
Building value
$542,000.00
Estimated tax
$2,246.00
Yard improvement value
$2,300.00
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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 40 Old Purchase Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1986 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4870 Heating Fuel Electric Detached Garage Lot Size 0.52 Roof Cover Asph/F Gls/Cmp AEM Value - Building $542,000.00 AEM Value - Land $336,700.00 AEM Value - Other $2,300.00 AEM Value - Total $881,000.00
A) 19 Duncan Close 0.1 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 0.6 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 0.6 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) 1 Old Squaw Circle 0.9 8/6/2024 $2,125,000 2,008 1.75 $1058.27 Cape Cod 1996 8 4 2 1 4569 Gas 0.63 Asph/F Gls/Cmp $905,100 $579,200 $2,500 $1,486,800
E) 11 Anthiers Way 1.0 7/15/2024 $1,300,000 2,096 1 $620.23 Ranch 1968 7 4 2 0 3970 Oil 1.1 Asph/F Gls/Cmp $855,300 $354,600 $46,800 $1,256,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Old Purchase Road 3/10/2000 $1 0 Colonial 1,828 0.52 3 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.1 Colonial 1,722 0.63 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.6 Cape Cod 1,637 1.4 1 2-1
C 39 Jernegan Pond Road 5/6/2024 $575,000 0.6 Cape Cod 1,726 0.51 3 2-0
D 1 Old Squaw Circle 8/6/2024 $2,125,000 0.9 Cape Cod 2,008 0.63 4 2-1
E 11 Anthiers Way 7/15/2024 $1,300,000 1.0 Ranch 2,096 1.1 4 2-0
Averages 89 days $1,405,000 0.64 --- 1,838 0.85 --- ---  

Estimation of Market Value - $1,299,210

As of today, 09/20/2024, the estimated market value of 40 Old Purchase Road, Edgartown considering the above 5 comparable properties is $1,299,210.

 

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
@ 40 Old Purchase Road 3/10/2000 $1 0 Colonial 1,828 0.52 3 2-0 -
  Criteria
A 41 Old Purchase Road 9/21/2016 $514,000 0.0 Colonial 1,768 0.52 3 2-0
B 48 Old Purchase Road 2/29/2008 $525,000 0.0 Colonial 1,269 0.56 3 2-0
C 35 Old Purchase Road 11/5/2001 $1 0.0 Cape Cod 3,553 0.54 6 4-1
D 32 Old Purchase Road 9/13/2007 $1 0.0 Cape Cod 1,743 0.51 3 2-1
E 357 West Tisbury Road 5/27/2022 $1 0.0 Colonial 3,204 1.5 5 4-1
F 47 Old Purchase Road 5/30/2017 $1 0.0 Cape Cod 1,576 0.52 4 2-0
G 363 West Tisbury Road 4/6/1981 $14,000 0.1 Colonial 1,116 1.01 2 1-1
H 375 West Tisbury Road 7/16/2018 $870,000 0.1 Colonial 832 0.75 1 1-0
I 51 Old Purchase Road 10/2/2020 $1,050,000 0.1 Colonial 1,346 0.52 4 3-0
J 0 Old Purchase Road 6/30/1986 $1 0.1 Vacant Land 0.38 -
K 56 Old Purchase Road 12/20/1991 $181,000 0.1 Colonial 1,717 0.51 4 2-0
L 24 Old Purchase Road 11/18/2020 $1 0.1 Colonial 1,565 0.52 3 2-0
M 379 West Tisbury Road 10/21/2015 $1 0.1 Colonial 1,077 0.75 1 2-0
N 30 Donaldbin Close 12/1/1980 $1 0.1 Vacant Land 6.2 -
O 55 Old Purchase Road 11/6/2015 $725,000 0.1 Colonial 2,001 0.61 5 3-1
P 22 Duncan Close 10/23/2023 $285,000 0.1 Vacant Land 0.65 -
Q 345 West Tisbury Road 6/27/2008 $640,500 0.1 Vacant Land 4.44 -
R 378 West Tisbury Road 2/7/2018 $300,000 0.1 Standard Basic 648 0.67 2 1-0
S 372 West Tisbury Road 7/23/2004 $1 0.1 Vacant Land 0.13 -
T 18 Duncan Close 3/5/2019 $1 0.1 Colonial 2,452 0.55 4 3-1
U 60 Old Purchase Road 6/24/2016 $530,000 0.1 Colonial 1,468 0.5 4 2-0
V 381 West Tisbury Road 11/13/2017 $1 0.1 Standard Basic 960 0.51 2 2-0
W 21 Duncan Close 6/21/2022 $10 0.1 Cape Cod 1,484 0.77 3 2-0
X 59 Old Purchase Road 12/13/2019 $743,000 0.1 Colonial 1,580 0.61 4 2-0
Y 4 Hye Lane 10/8/2021 $1,400,000 0.1 Colonial 1,288 0.6 2 2-0
Z 2 Hye Road 5/17/2005 $650,000 0.1 Cape Cod 2,168 0.51 3 2-0
- 16 Old Purchase Road 11/2/2021 $1,115,000 0.1 Standard Plus 1,726 0.59 3 2-1
- 1 Hye Road 12/19/2014 $1 0.1 Ranch 1,532 0.5 2 2-0
- 27 Donaldbin Close 7/12/2005 $1 0.1 Colonial 2,828 0.82 3 3-0
- 12 Duncan Close 10/31/2017 $1 0.1 Standard Plus 1,122 0.54 3 1-1
- 66 Old Purchase Road 5/25/2010 $1 0.1 Colonial 1,786 0.51 3 2-0
Averages 4843 days $307,823 0.08 --- 1,413 0.91 --- ---  
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 27 40 Old Purchase Road