3 Hye Lane, Edgartown, MA 02539

3 Hye Lane Edgartown MA 02539
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Owner Information
Owner 1
Peter B Meyer & Anne F
Owner 2
Owner's Address
176 Westboro Rd Upton, MA 01568
Market Sale Information
Most recent sale date
11/29/2005
Previous sale date
4/16/1999
Transfer document #
1064-0435
Previous transfer document
0762-0421
Grantor
Thomas E Medeiros
Previous grantor
Joseph E Flynn
Most recent sale price
$495,000.00
Previous sale price
$148,000.00
Site Information
Property ID
28-2-18
Lot Size
0.53
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1983
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1424
Number of Kitchen
Gross Living Area
2048
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
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
$334,300.00
Total value
$725,700.00
Building value
$387,700.00
Estimated tax
$1,850.00
Yard improvement value
$3,700.00
Flood Map MassMapper Google Street View
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 3 Hye Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $347.61 Style Colonial Age 1983 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2048 Heating Fuel Electric Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $387,700.00 AEM Value - Land $334,300.00 AEM Value - Other $3,700.00 AEM Value - Total $725,700.00
A) 19 Duncan Close 0.2 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 0.6 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Hye Lane 11/29/2005 $495,000 0 Colonial 1,424 0.53 3 2-0 -
  Criteria
A 19 Duncan Close 6/27/2024 $1,725,000 0.2 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 0.6 Cape Cod 1,726 0.51 3 2-0
Averages 110 days $1,200,000 0.50 --- 1,695 0.85 --- ---  

Estimation of Market Value - $1,046,065

As of today, 09/20/2024, the estimated market value of 3 Hye Lane, Edgartown considering the above 3 comparable properties is $1,046,065.

 

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
@ 3 Hye Lane 11/29/2005 $495,000 0 Colonial 1,424 0.53 3 2-0 -
  Criteria
A 2 Hye Road 5/17/2005 $650,000 0.0 Cape Cod 2,168 0.51 3 2-0
B 6 Hye Road 9/27/1991 $170,000 0.0 Standard Plus 1,457 0.56 4 2-0
C 4 Hye Lane 10/8/2021 $1,400,000 0.0 Colonial 1,288 0.6 2 2-0
D 4 Hye Way 8/25/2023 $1,090,000 0.0 Colonial 1,188 0.67 2 2-0
E 8 Hye Road 8/5/2021 $1 0.0 Standard Plus 1,791 0.52 4 2-0
F 5 Hye Road 5/2/2022 $1,375,000 0.0 Cape Cod 1,272 0.5 3 2-0
G 1 Hye Road 12/19/2014 $1 0.0 Ranch 1,532 0.5 2 2-0
H 2 Hye Way 7/8/2008 $1 0.1 Standard Plus 2,112 0.51 4 3-0
I 7 Hye Road 4/21/2010 $362,500 0.1 Colonial 1,938 0.5 3 2-0
J 372 West Tisbury Road 7/23/2004 $1 0.1 Vacant Land 0.13 -
K 13 Hye Road 5/11/2021 $1 0.1 Cape Cod 0.5 4 4-0
L 9 Hye Road 12/15/2014 $1 0.1 Cape Cod 1,232 0.5 4 2-0
M 363 West Tisbury Road 4/6/1981 $14,000 0.1 Colonial 1,116 1.01 2 1-1
N 16 Hye Road 7/8/2018 $750,000 0.1 Modern/Contemporary 1,324 0.52 3 2-0
O 11 Hye Road 8/18/2020 $100 0.1 Cape Cod 1,512 0.53 3 2-0
P 3 Bennett Way 2/26/1999 $1 0.1 Colonial 1,356 0.79 2 2-0
Q 357 West Tisbury Road 5/27/2022 $1 0.1 Colonial 3,204 1.5 5 4-1
R 15 Hye Road 8/29/2017 $1 0.1 Standard Plus 1,232 0.51 2 2-0
S 378 West Tisbury Road 2/7/2018 $300,000 0.1 Standard Basic 648 0.67 2 1-0
T 375 West Tisbury Road 7/16/2018 $870,000 0.1 Colonial 832 0.75 1 1-0
U 11 Bennett Way 12/27/2007 $1 0.1 Cape Cod 1,864 1.04 2 2-0
V 9 Bennett Way 11/14/1984 $80,500 0.1 Standard Basic 1,232 0.57 2 1-0
W 20 Hye Road 6/21/1995 $1 0.1 Standard Plus 2,862 0.5 4 2-1
X 379 West Tisbury Road 10/21/2015 $1 0.1 Colonial 1,077 0.75 1 2-0
Y 345 West Tisbury Road 6/27/2008 $640,500 0.1 Vacant Land 4.44 -
Z 19 Hye Road 3/30/2021 $1 0.1 Cape Cod 1,776 0.51 4 2-0
Averages 4938 days $296,254 0.07 --- 1,385 0.77 --- ---  
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 18 3 Hye Lane