8 Caleb Pond Lane, Edgartown, MA 02539

8 Caleb Pond Lane Edgartown MA 02539
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Owner Information
Owner 1
Joel A Smith
Owner 2
Katherine Megrue Smith
Owner's Address
584 West Rd New Canaan, CT 06840
Market Sale Information
Most recent sale date
2/9/2016
Previous sale date
3/30/2015
Transfer document #
1397-1073
Previous transfer document
1371-1013
Grantor
David B Alger
Previous grantor
David B Alger
Most recent sale price
$2,800,000.00
Previous sale price
$1.00
Site Information
Property ID
30-212
Lot Size
3.02
Use Code
101 - Residential, single family
Zoning
R12
Building Style
Standard Basic
Number of Rooms
9
Stories
2
Number of Beds
5
Year Built
1930
Number of full baths
1
Condition
Number of half baths
1
Finished Area
2385
Number of Kitchen
Gross Living Area
2840
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Minim/Masonry
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
None
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Coal or Wood
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,814,000.00
Total value
$1,984,200.00
Building value
$168,000.00
Estimated tax
$5,059.00
Yard improvement value
$2,200.00
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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 Caleb Pond Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,174.00 Style Standard Basic Age 1930 Rooms 9 Bedrooms 5 Full baths 1 Half baths 1 Gross Living Area 2840 Heating Fuel Coal or Wood Detached Garage Lot Size 3.02 Roof Cover Asph/F Gls/Cmp AEM Value - Building $168,000.00 AEM Value - Land $1,814,000.00 AEM Value - Other $2,200.00 AEM Value - Total $1,984,200.00
A) 26 Morse Street 0.7 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) 62 South Water Street 0.7 5/3/2024 $4,500,000 2,807 2 $1603.14 Historical Custom 1825 9 4 4 1 3710 Gas 0.13 Wood Shingle $1,846,400 $1,958,500 $10,900 $3,815,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Caleb Pond Lane 2/9/2016 $2,800,000 0 Standard Basic 2,385 3.02 5 1-1 -
  Criteria
A 26 Morse Street 8/1/2024 $3,800,000 0.7 Historical Custom 2,408 0.18 4 2-1
B 62 South Water Street 5/3/2024 $4,500,000 0.7 Historical Custom 2,807 0.13 4 4-1
Averages 95 days $4,150,000 0.69 --- 2,608 0.16 --- ---  

Estimation of Market Value - $3,050,220

As of today, 09/20/2024, the estimated market value of 8 Caleb Pond Lane, Edgartown considering the above 2 comparable properties is $3,050,220.

 

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 Caleb Pond Lane 2/9/2016 $2,800,000 0 Standard Basic 2,385 3.02 5 1-1 -
  Criteria
A 6 Caleb Pond Lane 5/20/2015 $1 0.0 Ranch 936 0.41 3 2-0
B 25 Manaca Hill Road 8/4/1997 $320,000 0.0 Standard Plus 3,088 1.2 4 2-1
C 26 Manaca Hill Road 4/1/1993 $200,000 0.0 Standard Basic 1,549 0.57 2 2-0
D 24 Manaca Hill Road 6/17/2020 $1 0.1 Standard Plus 1,776 0.34 4 2-0
E 4 Caleb Pond Lane 5/20/2015 $1 0.1 Camp 400 0.75 2 1-0
F 0 Chappaquiddick Road 2/9/2016 $2,800,000 0.1 Vacant Land 0.24 -
G 0 Chappaquiddick Road 12/8/2005 $1,995,000 0.1 Vacant Land 0.24 -
H 23 Manaca Hill Road 12/8/2005 $1,995,000 0.1 Ranch 960 0.96 2 1-0
I 22 Manaca Hill Road 4/21/1987 $1 0.1 Standard Plus 2,800 0.59 4 2-0
J 10 Caleb Pond Lane 8/30/2019 $1,350,000 0.1 Modern/Contemporary 2,428 1.4 3 2-1
K 45 Chappaquiddick Road 10/3/2003 $3,690,000 0.1 Standard Plus 3,472 1.1 4 3-0
L 2 Caleb Pond Road 12/26/1995 $1 0.1 Vacant Land 1 -
M 0 Chappaquiddick Road 3/14/1983 $220,000 0.1 Vacant Land 2.9 -
N 16 Manaca Hill Road 10/29/2021 $3,375,059 0.1 Camp 390 0.25 1 1-0
O 15 Manaca Hill Road 11/7/2005 $1 0.1 Cape Cod 2,431 1.1 3 2-0
P 2 Caleb Pond Lane 12/26/1995 $1 0.1 Standard Plus 2,880 1.4 5 3-0
Q 62 Chappaquiddick Road 9/10/2021 $1 0.1 Vacant Land 0.19 -
R 5 Armstrong Lane 6/9/2004 $1,000,000 0.1 Custom 0.87 3 3-1
S 3 Armstrong Lane 10/29/2021 $3,375,059 0.1 Ranch 2,192 0.32 4 2-0
T 10 Armstrong Lane 10/9/2015 $5,500,000 0.1 Custom 2,742 1.39 4 4-0
U 36 Chappaquiddick Road 8/29/1988 $400,000 0.1 Bungalow 288 0.15 1 1-0
Averages 6664 days $1,248,577 0.08 --- 1,349 0.83 --- ---  
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
30 212 8 Caleb Pond Lane