6 Bankers Way, Edgartown, MA 02539

6 Bankers Way Edgartown MA 02539
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Owner Information
Owner 1
Arthur T Francis
Owner 2
Elizabeth Conley Francis
Owner's Address
12 Morra Way Rumford, RI 02916
Market Sale Information
Most recent sale date
3/31/2008
Previous sale date
5/3/2000
Transfer document #
1146-1049
Previous transfer document
000P-0036
Grantor
Christopher R Henry
Previous grantor
Joanne A Rudolph
Most recent sale price
$657,500.00
Previous sale price
$1.00
Site Information
Property ID
36-108
Lot Size
0.58
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1964
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1632
Number of Kitchen
Gross Living Area
3323
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
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$594,800.00
Total value
$1,072,100.00
Building value
$477,300.00
Estimated tax
$2,701.00
Yard improvement value
$0.00
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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 6 Bankers Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $402.88 Style Ranch Age 1964 Rooms Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3323 Heating Fuel Oil Detached Garage Lot Size 0.58 Roof Cover Asph/F Gls/Cmp AEM Value - Building $477,300.00 AEM Value - Land $594,800.00 AEM Value - Other $0.00 AEM Value - Total $1,072,100.00
A) 6 Kent Harbor Road 0.3 2/15/2024 $2,800,000 1,525 1 $1836.07 Ranch 1972 3 1 0 1947 Coal or Wood 1 Asph/F Gls/Cmp $459,400 $1,500,100 $0 $1,959,500
B) 28 Vickers Street 0.7 5/1/2024 $1,900,000 1,862 2 $1020.41 Standard Plus 1989 4 2 1 4016 Oil 0.51 Asph/F Gls/Cmp $812,500 $590,200 $0 $1,402,700
C) 41 Road to the Plains 0.9 1/24/2024 $1,800,000 1,800 2 $1000.00 Colonial 1981 3 2 0 3160 Oil 0.97 Wood Shingle $535,900 $620,700 $0 $1,156,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 Bankers Way 3/31/2008 $657,500 0 Ranch 1,632 0.58 4 2-0 -
  Criteria
A 6 Kent Harbor Road 2/15/2024 $2,800,000 0.3 Ranch 1,525 1 3 1-0
B 28 Vickers Street 5/1/2024 $1,900,000 0.7 Standard Plus 1,862 0.51 4 2-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.9 Colonial 1,800 0.97 3 2-0
Averages 121 days $2,166,667 0.65 --- 1,729 0.83 --- ---  

Estimation of Market Value - $1,793,629

As of today, 07/03/2024, the estimated market value of 6 Bankers Way, Edgartown considering the above 3 comparable properties is $1,793,629.

 

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
@ 6 Bankers Way 3/31/2008 $657,500 0 Ranch 1,632 0.58 4 2-0 -
  Criteria
A 4 Bankers Way 3/2/1988 $0 0.0 Standard Basic 810 0.34 2 1-0
B 3 Norcross Drive 5/18/2012 $1 0.0 Ranch 901 0.8 1 1-1
C 5 Bankers Way 2/5/2021 $0 0.0 Standard Plus 1,536 1.1 3 2-0
D 2 Bankers Way 3/2/1988 $0 0.0 Cape Cod 1,476 0.34 1 2-0
E 6 Norcross Drive 9/2/2022 $1 0.0 Cape Cod 3,602 0.95 5 4-1
F 3 Bankers Way 4/10/1995 $1 0.1 Ranch 1,860 0.47 4 2-0
G 1 Bankers Way 10/10/1980 $79,500 0.1 Cape Cod 1,820 0.46 3 2-0
H 1 Crocker Drive 11/21/2008 $549,000 0.1 Colonial 1,680 0.48 4 2-0
I 7 Crocker Drive 6/29/2017 $1 0.1 Cape Cod 961 0.76 1 1-0
J 3 Hillman Drive 7/28/2005 $715,000 0.1 Cape Cod 1,260 0.46 2 1-1
K 5 Hillman Drive 10/10/2023 $3,250,000 0.1 Cape Cod 2,407 0.46 3 2-1
L 275 Katama Road 11/13/2012 $1 0.1 Cape Cod 1,638 0.39 3 2-0
M 294 Katama Road 8/15/2012 $1 0.1 Ranch 1,756 0.53 2 1-1
N 8 Crocker Drive 8/6/2020 $100 0.1 Ranch 1,330 0.46 3 1-0
O 11 Hillman Drive 5/24/2004 $1 0.1 Cape Cod 1,335 0.92 3 2-0
P 271 Katama Road 8/8/1995 $1 0.1 Cape Cod 1,296 0.14 3 1-0
Averages 6431 days $287,101 0.07 --- 1,604 0.57 --- ---  
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
36 108 6 Bankers Way