261 West Tisbury Road, Edgartown, MA 02539

261 West Tisbury Road Edgartown MA 02539
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Owner Information
Owner 1
261 West Tisbury Rd LLC
Owner 2
Owner's Address
500 West 30Th St, APT 15N New York, NY 10001
Market Sale Information
Most recent sale date
9/23/2022
Previous sale date
8/30/2010
Transfer document #
1636-1057
Previous transfer document
1219-1084
Grantor
Jacob B Sylvia
Previous grantor
William Francis
Most recent sale price
$1,555,000.00
Previous sale price
$380,000.00
Site Information
Property ID
28-7
Lot Size
0.38
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
4
Stories
1
Number of Beds
2
Year Built
1972
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1440
Number of Kitchen
Gross Living Area
3984
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$410,800.00
Total value
$1,434,100.00
Building value
$1,020,900.00
Estimated tax
$3,656.00
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 261 West Tisbury Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,079.86 Style Ranch Age 1972 Rooms 4 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area 3984 Heating Fuel Oil Detached Garage Lot Size 0.38 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,020,900.00 AEM Value - Land $410,800.00 AEM Value - Other $2,400.00 AEM Value - Total $1,434,100.00
A) 39 Jernegan Pond Road 0.2 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
B) 64 Jernegan Pond Road 0.3 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) 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
D) 36 Hannahs Way 0.7 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 261 West Tisbury Road 9/23/2022 $1,555,000 0 Ranch 1,440 0.38 2 1-0 -
  Criteria
A 39 Jernegan Pond Road 5/6/2024 $575,000 0.2 Cape Cod 1,726 0.51 3 2-0
B 64 Jernegan Pond Road 6/4/2024 $1,300,000 0.3 Cape Cod 1,637 1.4 1 2-1
C 19 Duncan Close 6/27/2024 $1,725,000 0.6 Colonial 1,722 0.63 3 2-0
D 36 Hannahs Way 7/23/2024 $1,395,000 0.7 Ranch 1,212 0.12 3 1-0
Averages 97 days $1,248,750 0.47 --- 1,574 0.66 --- ---  

Estimation of Market Value - $1,586,024

As of today, 09/19/2024, the estimated market value of 261 West Tisbury Road, Edgartown considering the above 4 comparable properties is $1,586,024.

 

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
@ 261 West Tisbury Road 9/23/2022 $1,555,000 0 Ranch 1,440 0.38 2 1-0 -
  Criteria
A 257 West Tisbury Road 8/5/1999 $295,000 0.0 Ranch 1,376 0.44 3 2-0
B 253 West Tisbury Road 4/30/2004 $478,000 0.0 Ranch 1,268 0.4 3 1-0
C 7 Boldt Farms Way 7/9/2018 $1 0.0 Cape Cod 1,547 0.69 2 2-0
D 5 Boldt Farms Way 4/4/1990 $85,000 0.1 Cape Cod 3,160 0.69 3 2-1
E 249 West Tisbury Road 4/8/2022 $1,400,000 0.1 Ranch 3,479 0.4 3 3-0
F 9 Boldt Farms Way 12/28/2021 $1,300,000 0.1 Cape Cod 1,764 0.69 3 2-0
G 6 Jernegan Pond Road 3/25/2022 $1,200,000 0.1 Ranch 1,690 0.69 5 3-0
H 241 West Tisbury Road 2/1/2022 $100 0.1 Ranch 1,807 0.8 3 1-1
I 20 Jernegan Pond Road 12/5/2012 $1 0.1 Ranch 2,424 1.4 3 3-0
J 250 West Tisbury Road 2/26/2010 $1 0.1 Vacant Land 18.3 -
K 4 Boldt Farms Way 10/12/2010 $1 0.1 Colonial 1,992 1.04 3 2-0
L 11 Boldt Farms Way 10/5/2021 $4,175,000 0.1 Standard Plus 1,620 2.1 1-0
Averages 4254 days $744,425 0.07 --- 1,844 2.3 --- ---  
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 7 261 West Tisbury Road