45 Clay Pit Road, Edgartown, MA 02539

45 Clay Pit Road Edgartown MA 02539
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Owner Information
Owner 1
William R Erickson & Beth A
Owner 2
Owner's Address
P O Box 629 Edgartown, MA 02539
Market Sale Information
Most recent sale date
2/20/2014
Previous sale date
11/20/1981
Transfer document #
1342-0324
Previous transfer document
00388-0078
Grantor
William R Erickson
Previous grantor
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
21-38-14
Lot Size
1
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
4
Stories
1
Number of Beds
1
Year Built
1993
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1140
Number of Kitchen
Gross Living Area
2242
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$234,000.00
Total value
$1,065,900.00
Building value
$817,900.00
Estimated tax
$2,718.00
Yard improvement value
$14,000.00
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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 45 Clay Pit Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1993 Rooms 4 Bedrooms 1 Full baths 2 Half baths 0 Gross Living Area 2242 Heating Fuel Electric Detached Garage Lot Size 1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $817,900.00 AEM Value - Land $234,000.00 AEM Value - Other $14,000.00 AEM Value - Total $1,065,900.00
A) 149 West Tisbury Road 0.5 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
B) 36 Hannahs Way 0.6 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
C) 9 Hannahs Way 0.6 8/27/2024 $1,099,000 888 1 $1237.61 Ranch 2000 4 2 2 0 1903 Gas 0.18 Asph/F Gls/Cmp $468,500 $506,300 $3,200 $978,000
D) 4 Fowler Avenue 0.7 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
@ 45 Clay Pit Road 2/20/2014 $1 0 Ranch 1,140 1 1 2-0 -
  Criteria
A 149 West Tisbury Road 6/27/2024 $1,050,000 0.5 Cape Cod 936 0.5 2 1-0
B 36 Hannahs Way 7/23/2024 $1,395,000 0.6 Ranch 1,212 0.12 3 1-0
C 9 Hannahs Way 8/27/2024 $1,099,000 0.6 Ranch 888 0.18 2 2-0
D 4 Fowler Avenue 4/29/2024 $1,300,000 0.7 Standard Basic 1,184 0.23 1 1-0
Averages 78 days $1,211,000 0.60 --- 1,055 0.26 --- ---  

Estimation of Market Value - $1,310,698

As of today, 09/19/2024, the estimated market value of 45 Clay Pit Road, Edgartown considering the above 4 comparable properties is $1,310,698.

 

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
@ 45 Clay Pit Road 2/20/2014 $1 0 Ranch 1,140 1 1 2-0 -
  Criteria
A 84 Pennywise Path 6/15/2022 $1,316,250 0.0 Colonial 1,358 1 3 2-0
B 39 Clay Pit Road 2/1/1982 $1 0.0 Cape Cod 1,008 2 2 1-0
C 54 Clay Pit Road 11/17/2020 $1 0.0 Cape Cod 1,560 0.53 3 2-0
D 49 Hamblen Way 7/27/2020 $1 0.1 Standard Plus 1,280 0.63 1 2-1
E 77 Pennywise Path 12/14/2022 $10 0.1 Modern/Contemporary 1,506 0.52 2 1-1
F 46 Clay Pit Road 11/17/2020 $1 0.1 Cape Cod 1,560 0.53 3 2-0
G 62 Clay Pit Road 2/2/2018 $555,000 0.1 Cape Cod 1,356 0.63 2 1-0
H 45 Hamblen Way 11/17/2020 $1 0.1 Cape Cod 1,560 0.5 3 2-1
I 100 Pennywise Path 5/7/1986 $1 0.1 Colonial 1,194 0.63 1 1-0
J 37 Hamblen Way 11/17/2020 $1 0.1 Ranch 480 0.5 1 1-0
K 75 Pennywise Path 9/2/2015 $1 0.1 Cape Cod 1,344 0.76 2 2-0
L 61 Pennywise Path 7/25/2012 $1 0.1 Colonial 984 0.5 2 1-1
M 85 Pennywise Path 9/18/1978 $1 0.1 Vacant Land 1.63 -
N 38 Clay Pit Road 3/17/2004 $325,000 0.1 Cape Cod 1,486 0.52 2 2-2
O 60 Pennywise Path 4/28/1965 $0 0.1 Outbuildings 7.6 -
P 33 Clay Pit Road 2/1/1982 $1 0.1 Cape Cod 720 2 2 1-0
Q 73 Pennywise Path 4/14/2015 $650,000 0.1 Colonial 2,348 0.94 3 2-0
R 40 Hamblen Way 1/18/2001 $1 0.1 Colonial 2,043 1.16 2 2-0
S 79 Pennywise Path 12/18/1978 $1 0.1 Vacant Land 1.61 -
T 59 Pennywise Path 2/1/2002 $1 0.1 Colonial 1,120 0.52 2 1-0
U 87 Pennywise Path 12/18/1978 $1 0.1 Vacant Land 2.53 -
V 31 Hamblen Way 9/18/1987 $150,000 0.1 Ranch 1,248 0.5 3 1-0
W 43-C Dark Woods Road 8/27/2020 $1 0.1 Colonial 2,412 0.77 3 2-1
X 46 Hamblen Way 12/15/2015 $331,500 0.1 Standard Plus 2,239 0.92 4 2-0
Y 32 Clay Pit Road 1/23/2009 $1 0.1 Colonial 2,100 0.5 3 3-0
Z 47 Dark Woods Road 10/14/2015 $1 0.1 Colonial 2,743 0.95 4 4-0
Averages 7342 days $127,991 0.09 --- 1,294 1.19 --- ---  
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 38 14 45 Clay Pit Road