3 Armstrong Lane, Edgartown, MA 02539

3 Armstrong Lane Edgartown MA 02539
Owner Information
Owner 1
Manaca Chappy LLC
Owner 2
Owner's Address
50 Girdle Ridge Dr Katonah, NY 10536
Market Sale Information
Most recent sale date
10/29/2021
Previous sale date
10/29/2021
Transfer document #
1601-335
Previous transfer document
1601-328
Grantor
Heather Sideman
Previous grantor
Virginia Mattern
Most recent sale price
$3,375,059.00
Previous sale price
$1.00
Site Information
Property ID
30-17
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
R12
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
4
Year Built
1963
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2192
Number of Kitchen
Gross Living Area
3410
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,107,100.00
Total value
$2,020,300.00
Building value
$907,800.00
Estimated tax
$5,151.00
Yard improvement value
$5,400.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 3 Armstrong Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,539.72 Style Ranch Age 1963 Rooms 6 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3410 Heating Fuel Oil Detached Garage Lot Size 0.32 Roof Cover Asph/F Gls/Cmp AEM Value - Building $907,800.00 AEM Value - Land $1,107,100.00 AEM Value - Other $5,400.00 AEM Value - Total $2,020,300.00
A) 26 Morse Street 0.6 8/1/2024 $3,800,000 2,408 2 $1578.07 Historical Custom 1840 8 4 2 1 2746 Oil 0.18 Asph/F Gls/Cmp $1,647,800 $1,676,000 $6,600 $3,330,400
B) 10 High Street 0.7 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $896,900 $1,601,700 $4,400 $2,503,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Armstrong Lane 10/29/2021 $3,375,059 0 Ranch 2,192 0.32 4 2-0 -
  Criteria
A 26 Morse Street 8/1/2024 $3,800,000 0.6 Historical Custom 2,408 0.18 4 2-1
B 10 High Street 5/10/2024 $3,000,000 0.7 Custom 1,748 0.15 3 1-1
Averages 92 days $3,400,000 0.63 --- 2,078 0.17 --- ---  

Estimation of Market Value - $2,970,796

As of today, 09/20/2024, the estimated market value of 3 Armstrong Lane, Edgartown considering the above 2 comparable properties is $2,970,796.

 

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
  • 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 Armstrong Lane 10/29/2021 $3,375,059 0 Ranch 2,192 0.32 4 2-0 -
  Criteria
A 16 Manaca Hill Road 10/29/2021 $3,375,059 0.0 Camp 390 0.25 1 1-0
B 5 Armstrong Lane 6/9/2004 $1,000,000 0.0 Custom 0.87 3 3-1
C 12 Manaca Hill Road 10/29/2021 $724,942 0.0 Outbuildings 0.83 -
D 4 Armstrong Lane 1/8/2018 $3,140,000 0.0 Ranch 1,232 0.75 3 1-0
E 15 Manaca Hill Road 11/7/2005 $1 0.1 Cape Cod 2,431 1.1 3 2-0
F 22 Manaca Hill Road 4/21/1987 $1 0.1 Standard Plus 2,800 0.59 4 2-0
G 36 Chappaquiddick Road 8/29/1988 $400,000 0.1 Bungalow 288 0.15 1 1-0
H 6 Armstrong Lane 3/18/2021 $1 0.1 Ranch 633 0.56 1 1-0
I 8 Armstrong Lane 6/26/2017 $4,500,000 0.1 Cape Cod 1,488 0.59 3 2-0
J 10 Armstrong Lane 10/9/2015 $5,500,000 0.1 Custom 2,742 1.39 4 4-0
K 1 Manaca Hill Road 12/19/2011 $100,000 0.1 Vacant Land 2.3 -
L 23 Manaca Hill Road 12/8/2005 $1,995,000 0.1 Ranch 960 0.96 2 1-0
M 24 Manaca Hill Road 6/17/2020 $1 0.1 Standard Plus 1,776 0.34 4 2-0
N 10 Manaca Hill Road 9/30/1988 $0 0.1 Outbuildings 0.22 -
O 26 Manaca Hill Road 4/1/1993 $200,000 0.1 Standard Basic 1,549 0.57 2 2-0
P 25 Manaca Hill Road 8/4/1997 $320,000 0.1 Standard Plus 3,088 1.2 4 2-1
Q 12 Caleb Pond Lane 11/7/2023 $14,000,000 0.1 Standard Basic 550 2.1 1 1-0
R 8 Caleb Pond Lane 2/9/2016 $2,800,000 0.1 Standard Basic 2,385 3.02 5 1-1
S 37 Chappaquiddick Road 8/29/1988 $400,000 0.1 Beach Club 2.3 4-
T 7 Caleb Pond Lane 12/28/2020 $1 0.1 Custom 2,571 2.65 3 1-1
U 45 Chappaquiddick Road 10/3/2003 $3,690,000 0.1 Standard Plus 3,472 1.1 4 3-0
Averages 6008 days $2,006,905 0.07 --- 1,350 1.14 --- ---  
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
30 17 3 Armstrong Lane