7 Hye Road, Edgartown, MA 02539

7 Hye Road Edgartown MA 02539
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Owner Information
Owner 1
Robert D Esposito & Mary Jo
Owner 2
Owner's Address
214 Dailey Drive Franklin, MA 02038
Market Sale Information
Most recent sale date
4/21/2010
Previous sale date
10/3/2008
Transfer document #
1209-0163
Previous transfer document
1160-1027
Grantor
Steven Mussell
Previous grantor
Lasalle Bank National
Most recent sale price
$362,500.00
Previous sale price
$332,000.00
Site Information
Property ID
28-2-3
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
4
Stories
2
Number of Beds
3
Year Built
1999
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1938
Number of Kitchen
Gross Living Area
3172
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 Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$333,200.00
Total value
$827,700.00
Building value
$489,500.00
Estimated tax
$2,110.00
Yard improvement value
$5,000.00
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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 7 Hye Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $187.05 Style Colonial Age 1999 Rooms 4 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3172 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $489,500.00 AEM Value - Land $333,200.00 AEM Value - Other $5,000.00 AEM Value - Total $827,700.00
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 0.7 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 0.7 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
@ 7 Hye Road 4/21/2010 $362,500 0 Colonial 1,938 0.5 3 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 0.7 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 0.7 Cape Cod 2,008 0.63 4 2-1
Averages 94 days $1,431,250 0.60 --- 1,773 0.79 --- ---  

Estimation of Market Value - $1,390,107

As of today, 09/20/2024, the estimated market value of 7 Hye Road, Edgartown considering the above 4 comparable properties is $1,390,107.

 

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
@ 7 Hye Road 4/21/2010 $362,500 0 Colonial 1,938 0.5 3 2-0 -
  Criteria
A 9 Hye Road 12/15/2014 $1 0.0 Cape Cod 1,232 0.5 4 2-0
B 5 Hye Road 5/2/2022 $1,375,000 0.0 Cape Cod 1,272 0.5 3 2-0
C 11 Hye Road 8/18/2020 $100 0.0 Cape Cod 1,512 0.53 3 2-0
D 8 Hye Road 8/5/2021 $1 0.0 Standard Plus 1,791 0.52 4 2-0
E 6 Hye Road 9/27/1991 $170,000 0.0 Standard Plus 1,457 0.56 4 2-0
F 13 Hye Road 5/11/2021 $1 0.1 Cape Cod 0.5 4 4-0
G 3 Hye Lane 11/29/2005 $495,000 0.1 Colonial 1,424 0.53 3 2-0
H 9 Bennett Way 11/14/1984 $80,500 0.1 Standard Basic 1,232 0.57 2 1-0
I 1 Hye Road 12/19/2014 $1 0.1 Ranch 1,532 0.5 2 2-0
J 3 Bennett Way 2/26/1999 $1 0.1 Colonial 1,356 0.79 2 2-0
K 11 Bennett Way 12/27/2007 $1 0.1 Cape Cod 1,864 1.04 2 2-0
L 2 Hye Road 5/17/2005 $650,000 0.1 Cape Cod 2,168 0.51 3 2-0
M 2 Hye Way 7/8/2008 $1 0.1 Standard Plus 2,112 0.51 4 3-0
N 15 Hye Road 8/29/2017 $1 0.1 Standard Plus 1,232 0.51 2 2-0
O 372 West Tisbury Road 7/23/2004 $1 0.1 Vacant Land 0.13 -
P 4 Hye Lane 10/8/2021 $1,400,000 0.1 Colonial 1,288 0.6 2 2-0
Q 4 Hye Way 8/25/2023 $1,090,000 0.1 Colonial 1,188 0.67 2 2-0
R 15 Bennett Way 6/15/2021 $890,000 0.1 Bungalow 1,904 0.83 2 1-1
S 16 Hye Road 7/8/2018 $750,000 0.1 Modern/Contemporary 1,324 0.52 3 2-0
T 14 Bennett Way 7/30/2014 $55,000 0.1 Cape Cod 1,218 0.51 1 1-1
U 2 Bennett Way 8/10/2023 $3,300,000 0.1 Vacant Land 0.69 -
V 6 Bennett Way 12/13/2013 $1 0.1 Colonial 1,056 0.76 2 1-0
W 10 Bennett Way 12/13/2013 $1 0.1 Cape Cod 1,596 1.03 3 1-1
X 4 Baylies Way 10/6/2016 $305,000 0.1 Cape Cod 1,312 1.03 2 1-1
Y 8 Baylies Way 8/3/2021 $1 0.1 Vacant Land 1.03 -
Z 19 Hye Road 3/30/2021 $1 0.1 Cape Cod 1,776 0.51 4 2-0
- 378 West Tisbury Road 2/7/2018 $300,000 0.1 Standard Basic 648 0.67 2 1-0
- 20 Hye Road 6/21/1995 $1 0.1 Standard Plus 2,862 0.5 4 2-1
- 17 Bennett Way 3/25/2008 $1 0.1 Cape Cod 1,568 0.7 3 2-0
- 363 West Tisbury Road 4/6/1981 $14,000 0.1 Colonial 1,116 1.01 2 1-1
- 16 Bennett Way 6/23/2000 $1 0.1 Colonial 1,932 0.76 4 3-0
Averages 4832 days $350,794 0.08 --- 1,322 0.65 --- ---  
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 3 7 Hye Road