3 Majane Lane, Edgartown, MA 02539

Owner Information
Owner 1
Joseph Horzepa
Owner 2
Maria Juliana Zaraza
Owner's Address
988 Patterson St Houston, TX 77007
Market Sale Information
Most recent sale date
11/16/2017
Previous sale date
5/13/1996
Transfer document #
1453-0690
Previous transfer document
0676-0779
Grantor
Wendell J Knox
Previous grantor
John J Downey
Most recent sale price
$965,000.00
Previous sale price
$420,000.00
Site Information
Property ID
34-17-2
Lot Size
3.11
Use Code
101 - Residential, single family
Zoning
R12
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1988
Number of full baths
3
Condition
Number of half baths
0
Finished Area
3835
Number of Kitchen
Gross Living Area
4622
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$353,400.00
Total value
$1,739,500.00
Building value
$1,381,600.00
Estimated tax
$4,435.00
Yard improvement value
$4,500.00
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 Majane Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $251.63 Style Colonial Age 1988 Rooms 8 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 4622 Heating Fuel Gas Detached Garage Lot Size 3.11 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,381,600.00 AEM Value - Land $353,400.00 AEM Value - Other $4,500.00 AEM Value - Total $1,739,500.00
A) 149 Litchfield Road 0.2 6/17/2024 $3,140,000 2,969 1 $1057.60 Standard Plus 2011 8 3 3 1 7452 Gas 1.7 Wood Shingle $2,558,400 $251,700 $4,900 $2,815,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Majane Lane 11/16/2017 $965,000 0 Colonial 3,835 3.11 4 3-0 -
  Criteria
A 149 Litchfield Road 6/17/2024 $3,140,000 0.2 Standard Plus 2,969 1.7 3 3-1
Averages 151 days $3,140,000 0.17 --- 2,969 1.7 --- ---  

Estimation of Market Value - $2,998,104

As of today, 11/15/2024, the estimated market value of 3 Majane Lane, Edgartown considering the above 1 comparable properties is $2,998,104.

 

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 Majane Lane 11/16/2017 $965,000 0 Colonial 3,835 3.11 4 3-0 -
  Criteria
A 2 Majane Lane 12/1/1988 $1 0.1 Standard Plus 2,980 3.12 5 3-0
B 0 Litchfield Road 11/16/2017 $965,000 0.1 Vacant Land 1.24 -
C 0 Litchfield Road 2/27/1990 $1 0.1 Vacant Land 1.24 -
D 127 Litchfield Road 12/8/1998 $349,500 0.1 Colonial 1,933 3 4 3-0
E 141 Litchfield Road 9/10/2015 $770,000 0.1 Colonial 1,760 3.76 3 2-0
F 155 Litchfield Road 12/27/2012 $470,000 0.1 Colonial 1,966 3.05 3 2-0
Averages 7590 days $425,750 0.09 --- 1,440 2.57 --- ---  
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
34 17 2 3 Majane Lane