5 Oakdale Lane, Edgartown, MA 02539

5 Oakdale Lane Edgartown MA 02539
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Owner Information
Owner 1
Patricia R Ravencroft
Owner 2
Kent Ravencroft Jr
Owner's Address
P O Box 2028 Edgartown, MA 02539
Market Sale Information
Most recent sale date
9/19/2018
Previous sale date
4/23/2018
Transfer document #
1477-0102
Previous transfer document
1465-0906
Grantor
5 Oakdale LLC
Previous grantor
John D Phillips
Most recent sale price
$825,000.00
Previous sale price
$775,000.00
Site Information
Property ID
21-3
Lot Size
0.31
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Ranch
Number of Rooms
4
Stories
1
Number of Beds
2
Year Built
1958
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1260
Number of Kitchen
Gross Living Area
2605
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
$555,300.00
Total value
$1,070,200.00
Building value
$511,800.00
Estimated tax
$2,729.00
Yard improvement value
$3,100.00
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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 5 Oakdale Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $654.76 Style Ranch Age 1958 Rooms 4 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area 2605 Heating Fuel Oil Detached Garage Lot Size 0.31 Roof Cover Asph/F Gls/Cmp AEM Value - Building $511,800.00 AEM Value - Land $555,300.00 AEM Value - Other $3,100.00 AEM Value - Total $1,070,200.00
A) 36 Hannahs Way 0.5 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 0.8 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
@ 5 Oakdale Lane 9/19/2018 $825,000 0 Ranch 1,260 0.31 2 2-0 -
  Criteria
A 36 Hannahs Way 7/23/2024 $1,395,000 0.5 Ranch 1,212 0.12 3 1-0
B 4 Fowler Avenue 4/29/2024 $1,300,000 0.8 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 0.76 --- 1,303 0.15 --- ---  

Estimation of Market Value - $1,534,038

As of today, 09/19/2024, the estimated market value of 5 Oakdale Lane, Edgartown considering the above 3 comparable properties is $1,534,038.

 

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
@ 5 Oakdale Lane 9/19/2018 $825,000 0 Ranch 1,260 0.31 2 2-0 -
  Criteria
A 1 Oakdale Lane 7/31/2020 $1,850,000 0.0 Ranch 3,179 2.9 3 3-0
B 3 Oakdale Lane 12/26/2019 $1,100,000 0.0 Ranch 1,536 0.34 2 2-0
C 7 Oakdale Lane 7/26/2017 $400,000 0.0 Bungalow 560 0.15 1 1-0
D 4 Oakdale Drive 1/9/2020 $1 0.0 Ranch 2,513 0.4 3 2-0
E 12 Trapps Pond Road 9/10/2021 $2,800,000 0.1 Ranch 1,574 5.19 4 2-0
F 3 Trapps Pond Road 3/1/1996 $1 0.1 Vacant Land 4.9 -
G 17 Oakdale Drive 9/15/2005 $810,000 0.1 Ranch 2,126 0.62 3 2-1
H 18 Oakdale Drive 12/8/2015 $1 0.1 Ranch 1,954 0.39 3 2-0
I 20 Beach Road 9/1/2005 $450,000 0.1 Vacant Land 0.41 -
J 19 Oakdale Drive 8/13/2024 $1,510,000 0.1 Ranch 936 0.58 2 2-0
Averages 3626 days $892,000 0.07 --- 1,438 1.59 --- ---  
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 3 5 Oakdale Lane