31 Mariners Way, Edgartown, MA 02539

31 Mariners Way Edgartown MA 02539
Owner Information
Owner 1
Charles W Hibbett
Owner 2
Diane M Hibbett
Owner's Address
P O Box 3298 Edgartown, MA 02539
Market Sale Information
Most recent sale date
1/24/2020
Previous sale date
12/29/2011
Transfer document #
1518-983
Previous transfer document
1265-0788
Grantor
Charles W Hibbett
Previous grantor
Most recent sale price
$1.00
Previous sale price
$57,024.00
Site Information
Property ID
21-16
Lot Size
0.5
Use Code
130 - Land, developable
Zoning
R20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
0
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
0
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$333,300.00
Total value
$333,300.00
Building value
$0.00
Estimated tax
$849.00
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 31 Mariners Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age 0 Rooms Bedrooms Full baths Half baths Gross Living Area 0 Heating Fuel Detached Garage Lot Size 0.5 Roof Cover AEM Value - Building $0.00 AEM Value - Land $333,300.00 AEM Value - Other $0.00 AEM Value - Total $333,300.00
A) 117 Pennywise Path 0.5 6/10/2024 $600,000 - Vacant Land 0 0 2.9 $0 $384,300 $0 $384,300
B) 14 Mill Hill Road 1.0 5/30/2024 $4,600,000 - Vacant Land 0 0 0.71 $0 $892,300 $0 $892,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Mariners Way 1/24/2020 $1 0 Vacant Land 0.5 - -
  Criteria
A 117 Pennywise Path 6/10/2024 $600,000 0.5 Vacant Land 2.9 -
B 14 Mill Hill Road 5/30/2024 $4,600,000 1.0 Vacant Land 0.71 -
Averages 107 days $2,600,000 0.75 --- 1.81 --- ---  

Estimation of Market Value - $1,357,637

As of today, 09/19/2024, the estimated market value of 31 Mariners Way, Edgartown considering the above 2 comparable properties is $1,357,637.

 

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
@ 31 Mariners Way 1/24/2020 $1 0 Vacant Land 0.5 - -
  Criteria
A 35 Mariners Way 1/21/2005 $0 0.0 Ranch 2,706 0.4 4 2-1
B 21 Dark Woods Road 5/22/2020 $1 0.0 Cape Cod 2,170 0.5 3 3-0
C 27 Mariners Way 1/24/2020 $1 0.0 Standard Plus 2,982 0.54 3 3-0
D 24 Mariners Way 8/29/2023 $1,700,000 0.0 Colonial 1,960 0.59 4 2-0
E 19 Dark Woods Road 10/6/2017 $1 0.0 Standard Plus 1,872 0.46 3 2-0
F 36 Mariners Way 2/28/2022 $1 0.0 Standard Basic 1,040 0.66 2 2-0
G 9 Dory Lane 12/4/2020 $1 0.1 Ranch 988 0.5 2 1-1
H 25 Dark Woods Road 9/12/2013 $1 0.1 Colonial 1,300 0.46 3 2-0
I 9 Mariners Circle 12/9/2014 $1 0.1 Colonial 1,760 0.48 3 2-0
J 10 Dory Circle 9/10/2020 $665,000 0.1 Standard Plus 1,158 0.48 3 2-0
K 40 Mariners Way 7/12/2004 $470,000 0.1 Ranch 1,258 0.46 3 2-0
L 15 Dark Woods Road 11/14/2003 $700,000 0.1 Colonial 1,827 0.52 3 2-1
M 6 Mariners Circle 5/2/2011 $1 0.1 Ranch 1,822 0.48 3 2-0
N 22 Dark Woods Road 11/15/1988 $15,000 0.1 Colonial 1,984 0.5 4 2-0
O 7 Dory Circle 4/1/1980 $9,000 0.1 Colonial 2,196 0.48 3 2-0
P 3 Dory Circle 1/3/2019 $1 0.1 Vacant Land 0.48 -
Q 24 Dark Woods Road 12/20/2011 $1 0.1 Cape Cod 2,638 0.53 3 3-1
R 20 Dark Woods Road 12/12/1986 $78,000 0.1 Ranch 1,836 0.62 3 2-0
S 15 Pennywise Path 9/18/2013 $1 0.1 Vacant Land 2.1 -
T 27 Dark Woods Road 12/30/1986 $60,000 0.1 Vacant Land 0.5 -
U 8 Mariners Circle 12/6/2019 $1 0.1 Cape Cod 2,340 0.51 1 2-0
V 13 Mariners Way 8/31/1993 $133,000 0.1 Ranch 1,368 0.5 2 2-0
W 26 Dark Woods Road 12/22/2022 $1,880,000 0.1 Colonial 2,862 0.77 3 3-1
X 29 Dark Woods Road 11/15/2007 $1 0.1 Standard Plus 3,516 0.68 4 2-1
Y 18 Dark Woods Road 10/1/2015 $1 0.1 Standard Plus 2,451 0.78 4 3-1
Z 16 Dark Woods Road 11/26/2013 $1 0.1 Cape Cod 2,084 0.86 4 2-1
- 2 Dory Lane 5/21/2004 $1 0.1 Cape Cod 1,760 0.47 4 2-0
- 31 Dark Woods Road 3/30/1998 $373,000 0.1 Cape Cod 2,762 0.66 3 2-1
- 5 Nickel Lane 3/2/2021 $437,500 0.1 Colonial 1,224 0.5 2 1-1
- 3 Nickel Lane 3/6/2020 $400,000 0.1 Bungalow 1,440 0.6 2 2-0
- 14 Dark Woods Road 9/14/2016 $1 0.1 Cape Cod 1,764 0.56 3 2-1
- 3 Mariners Landing 12/30/1994 $1 0.1 Office/Retail 0.97 2-
- 0 Dark Woods Road 1/1/1989 $1 0.1 Vacant Land 2.8 -
- 33 Dark Woods Road 11/18/2022 $0 0.1 Standard Plus 2,379 0.78 3 2-1
Averages 5500 days $203,545 0.07 --- 1,690 0.68 --- ---  
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 16 31 Mariners Way