6 Penny Lane, Edgartown, MA 02539

Owner Information
Owner 1
Sandra L Pimentel
Owner 2
Owner's Address
Pob 9000-221 Edgartown, MA 02539
Market Sale Information
Most recent sale date
7/23/2019
Previous sale date
1/16/2001
Transfer document #
1501-905
Previous transfer document
0820-0011
Grantor
Paul F Pimentel
Previous grantor
John Finlay
Most recent sale price
$1.00
Previous sale price
$435,000.00
Site Information
Property ID
21-36-23
Lot Size
1
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1989
Number of full baths
3
Condition
Number of half baths
2
Finished Area
2385
Number of Kitchen
Gross Living Area
5920
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$351,100.00
Total value
$1,671,200.00
Building value
$1,282,500.00
Estimated tax
$4,261.00
Yard improvement value
$37,600.00
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 6 Penny Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1989 Rooms 6 Bedrooms 3 Full baths 3 Half baths 2 Gross Living Area 5920 Heating Fuel Gas Detached Garage Lot Size 1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,282,500.00 AEM Value - Land $351,100.00 AEM Value - Other $37,600.00 AEM Value - Total $1,671,200.00
A) 2 Marchants Path 0.7 9/17/2024 $1,550,000 1,809 1.75 $856.83 Cape Cod 1985 5 3 2 0 2716 Gas 0.5 Asph/F Gls/Cmp $606,000 $571,200 $4,900 $1,182,100
B) 37 West Tisbury Road 0.8 9/27/2024 $2,395,000 1,803 2 $1328.34 Cape Cod 1930 5 3 3 0 3348 Gas 0.14 Asph/F Gls/Cmp $835,900 $473,000 $0 $1,308,900
C) 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
D) 18 Cormorant Circle 1.0 9/30/2024 $1,900,000 2,042 2 $930.46 Colonial 1996 8 3 3 0 3676 Gas 0.51 Asph/F Gls/Cmp $681,300 $571,800 $57,600 $1,310,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 Penny Lane 7/23/2019 $1 0 Cape Cod 2,385 1 3 3-2 -
  Criteria
A 2 Marchants Path 9/17/2024 $1,550,000 0.7 Cape Cod 1,809 0.5 3 2-0
B 37 West Tisbury Road 9/27/2024 $2,395,000 0.8 Cape Cod 1,803 0.14 3 3-0
C 11 Anthiers Way 7/15/2024 $1,300,000 1.0 Ranch 2,096 1.1 4 2-0
D 18 Cormorant Circle 9/30/2024 $1,900,000 1.0 Colonial 2,042 0.51 3 3-0
Averages 64 days $1,786,250 0.85 --- 1,938 0.56 --- ---  

Estimation of Market Value - $2,279,695

As of today, 11/09/2024, the estimated market value of 6 Penny Lane, Edgartown considering the above 4 comparable properties is $2,279,695.

 

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
@ 6 Penny Lane 7/23/2019 $1 0 Cape Cod 2,385 1 3 3-2 -
  Criteria
A 4 Penny Lane 12/20/2021 $1,900,000 0.0 Cape Cod 1,526 0.69 3 2-0
B 27 Clay Pit Road 11/6/2017 $275,000 0.0 Cape Cod 1,764 0.96 2 2-
C 19 Clay Pit Road 11/19/1992 $152,000 0.1 Colonial 2,842 0.59 2 2-1
D 314 Edgartown Vh Road 11/9/2017 $762,000 0.1 Cape Cod 1,716 1.14 2 2-0
E 300 Edgartown Vh Road 9/20/2021 $360,000 0.1 Vacant Land 1.07 -
F 33 Clay Pit Road 2/1/1982 $1 0.1 Cape Cod 720 2 2 1-0
G 2 Penny Lane 9/17/1998 $335,000 0.1 Cape Cod 1,763 1.18 3 2-0
H 60 Pennywise Path 4/28/1965 $0 0.1 Outbuildings 7.6 -
I 16 Pennywise Path 11/26/1986 $160,000 0.1 Cape Cod 1,575 2.9 4 1-1
J 320 Edgartown Vh Road 5/16/2003 $423,000 0.1 Bungalow 1,145 1.1 3 1-0
K 32 Clay Pit Road 1/23/2009 $1 0.1 Colonial 2,100 0.5 3 3-0
L 24 Pennywise Path 6/26/2018 $675,000 0.1 Colonial 1,428 2 3 2-0
M 17 Hamblen Way 10/18/2002 $347,500 0.1 Colonial 2,496 0.58 4 2-0
N 24 Clay Pit Road 1/3/1985 $27,800 0.1 Colonial 2,032 0.59 3 2-0
O 39 Clay Pit Road 2/1/1982 $1 0.1 Cape Cod 1,008 2 2 1-0
P 326 Edgartown Vh Road 9/26/2011 $1 0.1 Ranch 1,040 0.63 3 1-0
Q 38 Clay Pit Road 3/17/2004 $325,000 0.1 Cape Cod 1,486 0.52 2 2-2
R 7 Hamblen Way 10/4/1996 $40,000 0.1 Cape Cod 1,568 1 3 2-0
S 23 Hamblen Way 4/7/2000 $1 0.1 Cape Cod 770 0.5 3 1-0
T 27 Pennywise Path 9/18/2013 $1 0.1 Vacant Land 2.9 -
Averages 8481 days $289,115 0.09 --- 1,349 1.52 --- ---  
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 36 23 6 Penny Lane