40 Mariners Way, Edgartown, MA 02539

40 Mariners Way Edgartown MA 02539
Owner Information
Owner 1
Thomas A Weston Jr
Owner 2
Christine A Weston
Owner's Address
P O Box 1495 Edgartown, MA 02539
Market Sale Information
Most recent sale date
7/12/2004
Previous sale date
7/15/1994
Transfer document #
1008-0161
Previous transfer document
0637-0475
Grantor
Marie Osborn Thompson
Previous grantor
Frances E Smith
Most recent sale price
$470,000.00
Previous sale price
$141,500.00
Site Information
Property ID
21-29
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1974
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1258
Number of Kitchen
Gross Living Area
3079
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 Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$331,700.00
Total value
$1,361,000.00
Building value
$1,026,200.00
Estimated tax
$3,470.00
Yard improvement value
$3,100.00
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 40 Mariners Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $373.61 Style Ranch Age 1974 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3079 Heating Fuel Oil Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,026,200.00 AEM Value - Land $331,700.00 AEM Value - Other $3,100.00 AEM Value - Total $1,361,000.00
A) 36 Hannahs Way 0.2 7/23/2024 $1,395,000 1,212 1 $1150.99 Ranch 1980 5 3 1 0 1614 Electric 0.12 Asph/F Gls/Cmp $659,500 $457,500 $2,000 $1,119,000
B) 4 Fowler Avenue 1.0 4/29/2024 $1,300,000 1,184 2 $1097.97 Standard Basic 2002 4 1 1 0 1980 Gas 0.23 Asph/F Gls/Cmp $156,400 $1,013,600 $3,800 $1,173,800
C) 53 Peases Point Way North 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Mariners Way 7/12/2004 $470,000 0 Ranch 1,258 0.46 3 2-0 -
  Criteria
A 36 Hannahs Way 7/23/2024 $1,395,000 0.2 Ranch 1,212 0.12 3 1-0
B 4 Fowler Avenue 4/29/2024 $1,300,000 1.0 Standard Basic 1,184 0.23 1 1-0
C 53 Peases Point Way North 9/3/2024 $2,500,000 1.0 Custom 1,512 0.11 4 2-0
Averages 73 days $1,731,667 0.73 --- 1,303 0.15 --- ---  

Estimation of Market Value - $1,721,982

As of today, 09/19/2024, the estimated market value of 40 Mariners Way, Edgartown considering the above 3 comparable properties is $1,721,982.

 

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
@ 40 Mariners Way 7/12/2004 $470,000 0 Ranch 1,258 0.46 3 2-0 -
  Criteria
A 6 Mariners Circle 5/2/2011 $1 0.0 Ranch 1,822 0.48 3 2-0
B 25 Dark Woods Road 9/12/2013 $1 0.0 Colonial 1,300 0.46 3 2-0
C 29 Dark Woods Road 11/15/2007 $1 0.0 Standard Plus 3,516 0.68 4 2-1
D 35 Mariners Way 1/21/2005 $0 0.0 Ranch 2,706 0.4 4 2-1
E 27 Dark Woods Road 12/30/1986 $60,000 0.0 Vacant Land 0.5 -
F 31 Dark Woods Road 3/30/1998 $373,000 0.0 Cape Cod 2,762 0.66 3 2-1
G 8 Mariners Circle 12/6/2019 $1 0.0 Cape Cod 2,340 0.51 1 2-0
H 21 Dark Woods Road 5/22/2020 $1 0.0 Cape Cod 2,170 0.5 3 3-0
I 36 Mariners Way 2/28/2022 $1 0.1 Standard Basic 1,040 0.66 2 2-0
J 31 Mariners Way 1/24/2020 $1 0.1 Vacant Land 0.5 -
K 9 Mariners Circle 12/9/2014 $1 0.1 Colonial 1,760 0.48 3 2-0
L 33 Dark Woods Road 11/18/2022 $0 0.1 Standard Plus 2,379 0.78 3 2-1
M 26 Dark Woods Road 12/22/2022 $1,880,000 0.1 Colonial 2,862 0.77 3 3-1
N 5 Nickel Lane 3/2/2021 $437,500 0.1 Colonial 1,224 0.5 2 1-1
O 24 Dark Woods Road 12/20/2011 $1 0.1 Cape Cod 2,638 0.53 3 3-1
P 28 Dark Woods Road 8/17/2012 $810,000 0.1 Standard Plus 1,704 0.5 3 2-0
Q 19 Dark Woods Road 10/6/2017 $1 0.1 Standard Plus 1,872 0.46 3 2-0
R 30 Dark Woods Road 4/25/2016 $470,000 0.1 Custom 3,040 0.5 5 3-1
S 3 Nickel Lane 3/6/2020 $400,000 0.1 Bungalow 1,440 0.6 2 2-0
T 24 Mariners Way 8/29/2023 $1,700,000 0.1 Colonial 1,960 0.59 4 2-0
U 22 Dark Woods Road 11/15/1988 $15,000 0.1 Colonial 1,984 0.5 4 2-0
V 27 Mariners Way 1/24/2020 $1 0.1 Standard Plus 2,982 0.54 3 3-0
W 10 Dory Circle 9/10/2020 $665,000 0.1 Standard Plus 1,158 0.48 3 2-0
X 35 Dark Woods Road 7/20/2023 $2,250,000 0.1 Colonial 0.72 4 3-1
Y 20 Dark Woods Road 12/12/1986 $78,000 0.1 Ranch 1,836 0.62 3 2-0
Z 36 Dark Woods Road 7/30/2009 $970,000 0.1 Colonial 3,593 0.57 3 3-1
- 9 Dory Lane 12/4/2020 $1 0.1 Ranch 988 0.5 2 1-1
- 15 Pennywise Path 9/18/2013 $1 0.1 Vacant Land 2.1 -
- 37 Dark Woods Road 10/13/1987 $135,000 0.1 Cape Cod 3,399 0.6 4 3-1
- 7 Dory Circle 4/1/1980 $9,000 0.1 Colonial 2,196 0.48 3 2-0
- 2 Dark Hollow Lane 3/1/2021 $2,100,000 0.1 Custom 2,817 0.78 4 4-1
- 18 Dark Woods Road 10/1/2015 $1 0.1 Standard Plus 2,451 0.78 4 3-1
- 15 Dark Woods Road 11/14/2003 $700,000 0.1 Colonial 1,827 0.52 3 2-1
- 43 Pennywise Path 7/27/2017 $1 0.1 Standard Plus 1,832 3.88 4 2-1
- 47 Pennywise Path 1/13/2005 $1 0.1 Colonial 2,055 0.69 3 1-1
- 1 Nickel Lane 1/4/2016 $665,000 0.1 Cape Cod 1,440 0.69 2 2-0
Averages 4747 days $381,042 0.08 --- 1,919 0.71 --- ---  
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 29 40 Mariners Way