5 Nickel Lane, Edgartown, MA 02539

5 Nickel Lane Edgartown MA 02539
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Owner Information
Owner 1
Julian G Pepper
Owner 2
Jena-Lynn Beauregard
Owner's Address
P O Box 2082 Edgartown, MA 02539
Market Sale Information
Most recent sale date
3/2/2021
Previous sale date
4/26/1996
Transfer document #
1567-483
Previous transfer document
0675-0604
Grantor
James S Pepper
Previous grantor
Kristine W Hanna
Most recent sale price
$437,500.00
Previous sale price
$180,000.00
Site Information
Property ID
21-32-22
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
4
Stories
2
Number of Beds
2
Year Built
2002
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1224
Number of Kitchen
Gross Living Area
2100
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Monitor
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$333,200.00
Total value
$783,500.00
Building value
$446,900.00
Estimated tax
$1,997.00
Yard improvement value
$3,400.00
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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 Nickel Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $357.43 Style Colonial Age 2002 Rooms 4 Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area 2100 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $446,900.00 AEM Value - Land $333,200.00 AEM Value - Other $3,400.00 AEM Value - Total $783,500.00
A) 36 Hannahs Way 0.3 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) 149 West Tisbury Road 0.3 6/27/2024 $1,050,000 936 1 $1121.79 Cape Cod 1940 4 2 1 0 2832 Oil 0.5 Asph/F Gls/Cmp $324,700 $333,000 $4,400 $662,100
C) 4 Fowler Avenue 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Nickel Lane 3/2/2021 $437,500 0 Colonial 1,224 0.5 2 1-1 -
  Criteria
A 36 Hannahs Way 7/23/2024 $1,395,000 0.3 Ranch 1,212 0.12 3 1-0
B 149 West Tisbury Road 6/27/2024 $1,050,000 0.3 Cape Cod 936 0.5 2 1-0
C 4 Fowler Avenue 4/29/2024 $1,300,000 0.9 Standard Basic 1,184 0.23 1 1-0
Averages 96 days $1,248,333 0.50 --- 1,111 0.28 --- ---  

Estimation of Market Value - $1,184,356

As of today, 09/19/2024, the estimated market value of 5 Nickel Lane, Edgartown considering the above 3 comparable properties is $1,184,356.

 

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 Nickel Lane 3/2/2021 $437,500 0 Colonial 1,224 0.5 2 1-1 -
  Criteria
A 3 Nickel Lane 3/6/2020 $400,000 0.0 Bungalow 1,440 0.6 2 2-0
B 8 Mariners Circle 12/6/2019 $1 0.0 Cape Cod 2,340 0.51 1 2-0
C 6 Mariners Circle 5/2/2011 $1 0.0 Ranch 1,822 0.48 3 2-0
D 1 Nickel Lane 1/4/2016 $665,000 0.1 Cape Cod 1,440 0.69 2 2-0
E 9 Mariners Circle 12/9/2014 $1 0.1 Colonial 1,760 0.48 3 2-0
F 33 Dark Woods Road 11/18/2022 $0 0.1 Standard Plus 2,379 0.78 3 2-1
G 31 Dark Woods Road 3/30/1998 $373,000 0.1 Cape Cod 2,762 0.66 3 2-1
H 43 Pennywise Path 7/27/2017 $1 0.1 Standard Plus 1,832 3.88 4 2-1
I 47 Pennywise Path 1/13/2005 $1 0.1 Colonial 2,055 0.69 3 1-1
J 36 Mariners Way 2/28/2022 $1 0.1 Standard Basic 1,040 0.66 2 2-0
K 40 Mariners Way 7/12/2004 $470,000 0.1 Ranch 1,258 0.46 3 2-0
L 35 Dark Woods Road 7/20/2023 $2,250,000 0.1 Colonial 0.72 4 3-1
M 27 Pennywise Path 9/18/2013 $1 0.1 Vacant Land 2.9 -
N 29 Dark Woods Road 11/15/2007 $1 0.1 Standard Plus 3,516 0.68 4 2-1
O 10 Dory Circle 9/10/2020 $665,000 0.1 Standard Plus 1,158 0.48 3 2-0
P 35 Mariners Way 1/21/2005 $0 0.1 Ranch 2,706 0.4 4 2-1
Q 15 Pennywise Path 9/18/2013 $1 0.1 Vacant Land 2.1 -
R 24 Pennywise Path 6/26/2018 $675,000 0.1 Colonial 1,428 2 3 2-0
S 25 Dark Woods Road 9/12/2013 $1 0.1 Colonial 1,300 0.46 3 2-0
T 31 Mariners Way 1/24/2020 $1 0.1 Vacant Land 0.5 -
U 27 Dark Woods Road 12/30/1986 $60,000 0.1 Vacant Land 0.5 -
V 37 Dark Woods Road 10/13/1987 $135,000 0.1 Cape Cod 3,399 0.6 4 3-1
W 30 Dark Woods Road 4/25/2016 $470,000 0.1 Custom 3,040 0.5 5 3-1
X 24 Mariners Way 8/29/2023 $1,700,000 0.1 Colonial 1,960 0.59 4 2-0
Y 41 Dark Woods Road 9/27/2002 $665,000 0.1 Cape Cod 2,366 0.92 2 2-1
Z 21 Dark Woods Road 5/22/2020 $1 0.1 Cape Cod 2,170 0.5 3 3-0
- 2 Penny Lane 9/17/1998 $335,000 0.1 Cape Cod 1,763 1.18 3 2-0
- 7 Dory Circle 4/1/1980 $9,000 0.1 Colonial 2,196 0.48 3 2-0
- 51 Pennywise Path 2/18/2000 $1 0.1 Colonial 1,776 0.91 3 2-1
- 28 Dark Woods Road 8/17/2012 $810,000 0.1 Standard Plus 1,704 0.5 3 2-0
- 36 Dark Woods Road 7/30/2009 $970,000 0.1 Colonial 3,593 0.57 3 3-1
Averages 5155 days $343,613 0.08 --- 1,748 0.88 --- ---  
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 32 22 5 Nickel Lane