62 Clay Pit Road, Edgartown, MA 02539

62 Clay Pit Road Edgartown MA 02539
Owner Information
Owner 1
Sarah R Monast
Owner 2
Elton T Nascimento
Owner's Address
P O Box 3127 West Tisbury, MA 02575
Market Sale Information
Most recent sale date
2/2/2018
Previous sale date
6/1/1988
Transfer document #
1459-0907
Previous transfer document
0501-0226
Grantor
Christopher W Murphy
Previous grantor
Eleanor E Bluemer
Most recent sale price
$555,000.00
Previous sale price
$0.00
Site Information
Property ID
21-50-2
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
5
Stories
1.5
Number of Beds
2
Year Built
1988
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1356
Number of Kitchen
Gross Living Area
2773
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 Air-no Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$225,200.00
Total value
$902,900.00
Building value
$672,700.00
Estimated tax
$2,302.00
Yard improvement value
$5,000.00
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 62 Clay Pit Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $409.29 Style Cape Cod Age 1988 Rooms 5 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area 2773 Heating Fuel Oil Detached Garage Lot Size 0.63 Roof Cover Asph/F Gls/Cmp AEM Value - Building $672,700.00 AEM Value - Land $225,200.00 AEM Value - Other $5,000.00 AEM Value - Total $902,900.00
A) 64 Jernegan Pond Road 0.2 6/4/2024 $1,300,000 1,637 1.5 $794.14 Cape Cod 1991 4 1 2 1 4700 Gas 1.4 Asph/F Gls/Cmp $878,100 $347,900 $46,800 $1,272,800
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) 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
@ 62 Clay Pit Road 2/2/2018 $555,000 0 Cape Cod 1,356 0.63 2 1-0 -
  Criteria
A 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.2 Cape Cod 1,637 1.4 1 2-1
B 36 Hannahs Way 7/23/2024 $1,395,000 0.6 Ranch 1,212 0.12 3 1-0
C 4 Fowler Avenue 4/29/2024 $1,300,000 0.7 Standard Basic 1,184 0.23 1 1-0
Averages 104 days $1,331,667 0.51 --- 1,344 0.58 --- ---  

Estimation of Market Value - $1,177,429

As of today, 09/19/2024, the estimated market value of 62 Clay Pit Road, Edgartown considering the above 3 comparable properties is $1,177,429.

 

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
@ 62 Clay Pit Road 2/2/2018 $555,000 0 Cape Cod 1,356 0.63 2 1-0 -
  Criteria
A 100 Pennywise Path 5/7/1986 $1 0.0 Colonial 1,194 0.63 1 1-0
B 49 Hamblen Way 7/27/2020 $1 0.0 Standard Plus 1,280 0.63 1 2-1
C 40 Hamblen Way 1/18/2001 $1 0.0 Colonial 2,043 1.16 2 2-0
D 45 Hamblen Way 11/17/2020 $1 0.0 Cape Cod 1,560 0.5 3 2-1
E 54 Clay Pit Road 11/17/2020 $1 0.0 Cape Cod 1,560 0.53 3 2-0
F 84 Pennywise Path 6/15/2022 $1,316,250 0.1 Colonial 1,358 1 3 2-0
G 87 Pennywise Path 12/18/1978 $1 0.1 Vacant Land 2.53 -
H 46 Hamblen Way 12/15/2015 $331,500 0.1 Standard Plus 2,239 0.92 4 2-0
I 45 Clay Pit Road 2/20/2014 $1 0.1 Ranch 1,140 1 1 2-0
J 50 Hamblen Way 1/18/2001 $1 0.1 Colonial 2,406 1.02 2 2-1
K 85 Pennywise Path 9/18/1978 $1 0.1 Vacant Land 1.63 -
L 95 Pennywise Path 12/18/1978 $1 0.1 Vacant Land 1.64 -
M 46 Clay Pit Road 11/17/2020 $1 0.1 Cape Cod 1,560 0.53 3 2-0
N 37 Hamblen Way 11/17/2020 $1 0.1 Ranch 480 0.5 1 1-0
O 77 Pennywise Path 12/14/2022 $10 0.1 Modern/Contemporary 1,506 0.52 2 1-1
P 39 Clay Pit Road 2/1/1982 $1 0.1 Cape Cod 1,008 2 2 1-0
Q 101 Pennywise Path $0 0.1 Vacant Land 1.14 -
R 79 Pennywise Path 12/18/1978 $1 0.1 Vacant Land 1.61 -
S 53 Prices Way 11/21/2012 $481,750 0.1 Standard Plus 1,332 0.86 3 2-0
T 75 Pennywise Path 9/2/2015 $1 0.1 Cape Cod 1,344 0.76 2 2-0
U 38 Clay Pit Road 3/17/2004 $325,000 0.1 Cape Cod 1,486 0.52 2 2-2
V 31 Hamblen Way 9/18/1987 $150,000 0.1 Ranch 1,248 0.5 3 1-0
W 39 Prices Way 8/21/2023 $1,325,000 0.1 Standard Plus 1,532 0.95 4 2-0
X 117 Pennywise Path 6/10/2024 $600,000 0.1 Vacant Land 2.9 -
Y 30 Hamblen Way 10/21/2021 $1,025,000 0.1 Colonial 1,743 0.55 2 2-0
Z 73 Pennywise Path 4/14/2015 $650,000 0.1 Colonial 2,348 0.94 3 2-0
Averages 6525 days $238,636 0.08 --- 1,168 1.06 --- ---  
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 50 2 62 Clay Pit Road