31 Shady Oak Lane, Edgartown, MA 02539

31 Shady Oak Lane Edgartown MA 02539
Owner Information
Owner 1
Jason R Merrill & Katherine
Owner 2
Owner's Address
P O Box 826 Edgartown, MA 02539
Market Sale Information
Most recent sale date
2/10/2016
Previous sale date
12/1/2015
Transfer document #
1398-0097
Previous transfer document
1392-0263
Grantor
Jason R Merrill
Previous grantor
Clay R Merrill
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
21-58-112
Lot Size
1.16
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
2
Year Built
2016
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1456
Number of Kitchen
Gross Living Area
4626
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
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$237,800.00
Total value
$985,400.00
Building value
$747,600.00
Estimated tax
$2,512.00
Yard improvement value
$0.00
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 31 Shady Oak Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 2016 Rooms 5 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area 4626 Heating Fuel Electric Detached Garage Lot Size 1.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $747,600.00 AEM Value - Land $237,800.00 AEM Value - Other $0.00 AEM Value - Total $985,400.00
A) 64 Jernegan Pond Road 0.4 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) 19 Duncan Close 0.6 6/27/2024 $1,725,000 1,722 1.75 $1001.74 Colonial 1984 5 3 2 0 4202 Gas 0.63 Asph/F Gls/Cmp $540,200 $238,100 $1,700 $780,000
C) 36 Hannahs Way 0.8 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
D) 2 Marchants Path 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Shady Oak Lane 2/10/2016 $1 0 Ranch 1,456 1.16 2 2-0 -
  Criteria
A 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.4 Cape Cod 1,637 1.4 1 2-1
B 19 Duncan Close 6/27/2024 $1,725,000 0.6 Colonial 1,722 0.63 3 2-0
C 36 Hannahs Way 7/23/2024 $1,395,000 0.8 Ranch 1,212 0.12 3 1-0
D 2 Marchants Path 9/17/2024 $1,550,000 1.0 Cape Cod 1,809 0.5 3 2-0
Averages 115 days $1,492,500 0.69 --- 1,595 0.66 --- ---  

Estimation of Market Value - $1,356,799

As of today, 11/10/2024, the estimated market value of 31 Shady Oak Lane, Edgartown considering the above 4 comparable properties is $1,356,799.

 

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
@ 31 Shady Oak Lane 2/10/2016 $1 0 Ranch 1,456 1.16 2 2-0 -
  Criteria
A 2 Dubud Lane 11/1/2005 $732,500 0.0 Colonial 2,360 0.5 2 2-1
B 4 Dubud Lane 2/9/1993 $1 0.0 Colonial 1,728 1.17 3 2-0
C 134 Pennywise Path 4/12/2022 $1 0.0 Colonial 1,904 1.4 3 2-0
D 58 Prices Way 4/10/2017 $1,510,000 0.0 Cape Cod 4,015 0.78 3 2-1
E 52 Prices Way 6/30/2015 $626,250 0.0 Cape Cod 2,558 0.76 5 3-1
F 44 Prices Way 12/11/2018 $650,000 0.1 Standard Plus 1,588 0.76 3 2-0
G 54 Shady Oak Lane 4/9/2015 $502,500 0.1 Colonial 1,792 1.3 2 1-1
H 62 Shady Oak Lane 3/9/1983 $20,000 0.1 Colonial 2,930 1.3 4 3-0
I 38 Prices Way 9/20/2002 $425,000 0.1 Standard Plus 1,620 0.76 3 2-0
J 46 Shady Oak Lane 1/24/2000 $1 0.1 Standard Plus 2,075 1.3 5 2-1
K 53 Prices Way 11/21/2012 $481,750 0.1 Standard Plus 1,332 0.86 3 2-0
L 140 Pennywise Path 11/9/2020 $1 0.1 Colonial 2,086 1.6 4 3-0
M 137 Pennywise Path 5/14/2019 $945,000 0.1 Standard Basic 2,528 0.5 3 3-1
N 32 Shady Oak Lane 6/1/2006 $598,000 0.1 Standard Plus 2,656 0.63 2 1-0
O 39 Prices Way 8/21/2023 $1,325,000 0.1 Standard Plus 1,532 0.95 4 2-0
P 13 Huckleberry Hill Lane 8/12/1991 $1 0.1 Ranch 1,550 0.7 3 2-0
Q 30 Prices Way 7/29/2020 $1 0.1 Standard Plus 1,344 0.58 3 2-0
R 135 Pennywise Path 1/31/2020 $750,000 0.1 Cape Cod 1,806 0.55 3 2-1
S 15 Huckleberry Hill Lane 11/24/2009 $1 0.1 Vacant Land 0.8 -
T 117 Pennywise Path 6/10/2024 $600,000 0.1 Vacant Land 2.9 -
U 50 Hamblen Way 1/18/2001 $1 0.1 Colonial 2,406 1.02 2 2-1
V 11 Huckleberry Hill Lane 1/15/2021 $980,000 0.1 Colonial 2,704 0.77 5 3-0
W 28 Shady Oak Lane 5/24/2013 $1 0.1 Ranch 1,040 0.69 2 1-0
X 20 Shady Oak Lane 4/26/2007 $1 0.1 Cape Cod 2,055 0.66 2 2-1
Y 46 Hamblen Way 12/15/2015 $331,500 0.1 Standard Plus 2,239 0.92 4 2-0
Z 29 Prices Way 4/29/1991 $145,000 0.1 Standard Plus 1,606 0.81 3 2-0
- 139 Pennywise Path 5/8/1998 $375,000 0.1 Colonial 3,328 2.04 4 2-1
Averages 5396 days $407,315 0.08 --- 1,955 1 --- ---  
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 58 112 31 Shady Oak Lane