8 Hye Road, Edgartown, MA 02539

8 Hye Road Edgartown MA 02539
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Owner Information
Owner 1
Fillipi J B Gomes
Owner 2
Owner's Address
P O Box 4110 Tisbury, MA 02568
Market Sale Information
Most recent sale date
8/5/2021
Previous sale date
11/13/2018
Transfer document #
1589-922
Previous transfer document
1481-0316
Grantor
Poliana J Buzette
Previous grantor
Richard A Giovangelo
Most recent sale price
$1.00
Previous sale price
$625,000.00
Site Information
Property ID
28-2-16
Lot Size
0.52
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Standard Plus
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1982
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1791
Number of Kitchen
Gross Living Area
2581
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
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$333,900.00
Total value
$1,104,000.00
Building value
$752,100.00
Estimated tax
$2,815.00
Yard improvement value
$18,000.00
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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 8 Hye Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Standard Plus Age 1982 Rooms 8 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 2581 Heating Fuel Electric Detached Garage Lot Size 0.52 Roof Cover Asph/F Gls/Cmp AEM Value - Building $752,100.00 AEM Value - Land $333,900.00 AEM Value - Other $18,000.00 AEM Value - Total $1,104,000.00
A) 19 Duncan Close 0.3 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 0.6 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 0.7 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
@ 8 Hye Road 8/5/2021 $1 0 Standard Plus 1,791 0.52 4 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.3 Colonial 1,722 0.63 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.6 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 0.7 Cape Cod 2,008 0.63 4 2-1
Averages 94 days $1,431,250 0.57 --- 1,773 0.79 --- ---  

Estimation of Market Value - $1,533,741

As of today, 09/20/2024, the estimated market value of 8 Hye Road, Edgartown considering the above 4 comparable properties is $1,533,741.

 

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
@ 8 Hye Road 8/5/2021 $1 0 Standard Plus 1,791 0.52 4 2-0 -
  Criteria
A 6 Hye Road 9/27/1991 $170,000 0.0 Standard Plus 1,457 0.56 4 2-0
B 13 Hye Road 5/11/2021 $1 0.0 Cape Cod 0.5 4 4-0
C 2 Hye Way 7/8/2008 $1 0.0 Standard Plus 2,112 0.51 4 3-0
D 3 Hye Lane 11/29/2005 $495,000 0.0 Colonial 1,424 0.53 3 2-0
E 11 Hye Road 8/18/2020 $100 0.0 Cape Cod 1,512 0.53 3 2-0
F 7 Hye Road 4/21/2010 $362,500 0.0 Colonial 1,938 0.5 3 2-0
G 9 Hye Road 12/15/2014 $1 0.0 Cape Cod 1,232 0.5 4 2-0
H 16 Hye Road 7/8/2018 $750,000 0.1 Modern/Contemporary 1,324 0.52 3 2-0
I 4 Hye Way 8/25/2023 $1,090,000 0.1 Colonial 1,188 0.67 2 2-0
J 15 Hye Road 8/29/2017 $1 0.1 Standard Plus 1,232 0.51 2 2-0
K 5 Hye Road 5/2/2022 $1,375,000 0.1 Cape Cod 1,272 0.5 3 2-0
L 2 Hye Road 5/17/2005 $650,000 0.1 Cape Cod 2,168 0.51 3 2-0
M 4 Hye Lane 10/8/2021 $1,400,000 0.1 Colonial 1,288 0.6 2 2-0
N 11 Bennett Way 12/27/2007 $1 0.1 Cape Cod 1,864 1.04 2 2-0
O 1 Hye Road 12/19/2014 $1 0.1 Ranch 1,532 0.5 2 2-0
P 9 Bennett Way 11/14/1984 $80,500 0.1 Standard Basic 1,232 0.57 2 1-0
Q 20 Hye Road 6/21/1995 $1 0.1 Standard Plus 2,862 0.5 4 2-1
R 19 Hye Road 3/30/2021 $1 0.1 Cape Cod 1,776 0.51 4 2-0
S 15 Bennett Way 6/15/2021 $890,000 0.1 Bungalow 1,904 0.83 2 1-1
T 372 West Tisbury Road 7/23/2004 $1 0.1 Vacant Land 0.13 -
U 3 Bennett Way 2/26/1999 $1 0.1 Colonial 1,356 0.79 2 2-0
V 14 Bennett Way 7/30/2014 $55,000 0.1 Cape Cod 1,218 0.51 1 1-1
W 17 Bennett Way 3/25/2008 $1 0.1 Cape Cod 1,568 0.7 3 2-0
X 363 West Tisbury Road 4/6/1981 $14,000 0.1 Colonial 1,116 1.01 2 1-1
Y 23 Hye Road 8/16/2013 $1 0.1 Colonial 1,947 0.52 3 1-1
Z 24 Hye Road 10/5/2012 $428,000 0.1 Ranch 1,760 0.6 3 2-0
Averages 5336 days $298,466 0.07 --- 1,472 0.58 --- ---  
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
28 2 16 8 Hye Road