16 Old Purchase Road, Edgartown, MA 02539

16 Old Purchase Road Edgartown MA 02539
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Owner Information
Owner 1
Carl Shanahan
Owner 2
Owner's Address
10 Katama Farm North Rd Edgartown, MA 02539
Market Sale Information
Most recent sale date
11/2/2021
Previous sale date
9/26/2002
Transfer document #
1602-75
Previous transfer document
0900-0755
Grantor
Edward T Lewis
Previous grantor
Edward T Lewis
Most recent sale price
$1,115,000.00
Previous sale price
$1.00
Site Information
Property ID
22-134-30
Lot Size
0.59
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Standard Plus
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1726
Number of Kitchen
Gross Living Area
3215
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electr Basebrd
Roof Cover
Wood Shingle
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$349,300.00
Total value
$1,195,300.00
Building value
$843,600.00
Estimated tax
$3,048.00
Yard improvement value
$2,400.00
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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 16 Old Purchase Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $646.00 Style Standard Plus Age 1985 Rooms 5 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3215 Heating Fuel Electric Detached Garage Lot Size 0.59 Roof Cover Wood Shingle AEM Value - Building $843,600.00 AEM Value - Land $349,300.00 AEM Value - Other $2,400.00 AEM Value - Total $1,195,300.00
A) 19 Duncan Close 0.1 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
B) 64 Jernegan Pond Road 0.7 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
C) 39 Jernegan Pond Road 0.7 5/6/2024 $575,000 1,726 1.5 $333.14 Cape Cod 2006 5 3 2 0 2979 Gas 0.51 Asph/F Gls/Cmp $39,700 $317,600 $0 $357,300
D) 1 Old Squaw Circle 0.9 8/6/2024 $2,125,000 2,008 1.75 $1058.27 Cape Cod 1996 8 4 2 1 4569 Gas 0.63 Asph/F Gls/Cmp $905,100 $579,200 $2,500 $1,486,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Old Purchase Road 11/2/2021 $1,115,000 0 Standard Plus 1,726 0.59 3 2-1 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.1 Colonial 1,722 0.63 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.7 Cape Cod 1,637 1.4 1 2-1
C 39 Jernegan Pond Road 5/6/2024 $575,000 0.7 Cape Cod 1,726 0.51 3 2-0
D 1 Old Squaw Circle 8/6/2024 $2,125,000 0.9 Cape Cod 2,008 0.63 4 2-1
Averages 94 days $1,431,250 0.62 --- 1,773 0.79 --- ---  

Estimation of Market Value - $1,574,574

As of today, 09/20/2024, the estimated market value of 16 Old Purchase Road, Edgartown considering the above 4 comparable properties is $1,574,574.

 

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
@ 16 Old Purchase Road 11/2/2021 $1,115,000 0 Standard Plus 1,726 0.59 3 2-1 -
  Criteria
A 14 Baylies Way 10/4/2019 $402,000 0.0 Custom 3,178 1.04 3 3-1
B 381 West Tisbury Road 11/13/2017 $1 0.0 Standard Basic 960 0.51 2 2-0
C 12 Duncan Close 10/31/2017 $1 0.0 Standard Plus 1,122 0.54 3 1-1
D 24 Old Purchase Road 11/18/2020 $1 0.0 Colonial 1,565 0.52 3 2-0
E 8 Duncan Close 11/6/2015 $580,000 0.0 Cape Cod 1,053 0.63 3 2-0
F 0 Old Purchase Road 6/30/1986 $1 0.0 Vacant Land 0.32 -
G 18 Duncan Close 3/5/2019 $1 0.1 Colonial 2,452 0.55 4 3-1
H 379 West Tisbury Road 10/21/2015 $1 0.1 Colonial 1,077 0.75 1 2-0
I 0 Old Purchase Road 6/30/1986 $1 0.1 Vacant Land 0.38 -
J 9 Codman Spring Road 11/8/1996 $205,000 0.1 Colonial 1,786 0.88 4 2-0
K 378 West Tisbury Road 2/7/2018 $300,000 0.1 Standard Basic 648 0.67 2 1-0
L 22 Duncan Close 10/23/2023 $285,000 0.1 Vacant Land 0.65 -
M 32 Old Purchase Road 9/13/2007 $1 0.1 Cape Cod 1,743 0.51 3 2-1
N 11 Duncan Close 6/13/2019 $827,500 0.1 Cape Cod 0.74 5 3-1
O 375 West Tisbury Road 7/16/2018 $870,000 0.1 Colonial 832 0.75 1 1-0
P 3 Duncan Close 2/24/2017 $1 0.1 Colonial 1,668 0.69 3 2-0
Q 30 Donaldbin Close 12/1/1980 $1 0.1 Vacant Land 6.2 -
R 35 Old Purchase Road 11/5/2001 $1 0.1 Cape Cod 3,553 0.54 6 4-1
S 5 Meetinghouse Hill 2/28/2020 $100 0.1 Cape Cod 1,867 1.03 3 2-0
T 19 Duncan Close 6/27/2024 $1,725,000 0.1 Colonial 1,722 0.63 3 2-0
U 25 Codman Spring Road 8/26/2021 $1 0.1 Colonial 2,369 0.52 3 2-1
V 372 West Tisbury Road 7/23/2004 $1 0.1 Vacant Land 0.13 -
W 7 Meetinghouse Hill 10/2/2007 $1 0.1 Cape Cod 1,512 1.03 3 2-0
X 21 Duncan Close 6/21/2022 $10 0.1 Cape Cod 1,484 0.77 3 2-0
Y 3 Bennett Way 2/26/1999 $1 0.1 Colonial 1,356 0.79 2 2-0
Z 10 Codman Spring Road 4/11/2023 $2,225,000 0.1 Standard Plus 2,101 2.4 4 3-1
- 363 West Tisbury Road 4/6/1981 $14,000 0.1 Colonial 1,116 1.01 2 1-1
- 40 Old Purchase Road 3/10/2000 $1 0.1 Colonial 1,828 0.52 3 2-0
- 1 Hye Road 12/19/2014 $1 0.1 Ranch 1,532 0.5 2 2-0
- 41 Old Purchase Road 9/21/2016 $514,000 0.1 Colonial 1,768 0.52 3 2-0
Averages 5119 days $264,921 0.08 --- 1,343 0.89 --- ---  
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
22 134 30 16 Old Purchase Road