2 Lexington Avenue, Edgartown, MA 02539

2 Lexington Avenue Edgartown MA 02539
Owner Information
Owner 1
Moji Capital LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
5/31/2023
Previous sale date
7/14/2006
Transfer document #
1656-438
Previous transfer document
1089-0790
Grantor
Robert C Gardner
Previous grantor
Robert C Gardner
Most recent sale price
$1,550,000.00
Previous sale price
$1.00
Site Information
Property ID
36-135
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1519
Number of Kitchen
Gross Living Area
2735
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
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$831,300.00
Total value
$1,279,800.00
Building value
$448,500.00
Estimated tax
$3,225.00
Yard improvement value
$0.00
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 2 Lexington Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,020.41 Style Ranch Age 1970 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 2735 Heating Fuel Electric Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $448,500.00 AEM Value - Land $831,300.00 AEM Value - Other $0.00 AEM Value - Total $1,279,800.00
A) 6 Kent Harbor Road 0.5 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 0.6 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 0.8 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
@ 2 Lexington Avenue 5/31/2023 $1,550,000 0 Ranch 1,519 0.5 3 1-1 -
  Criteria
A 6 Kent Harbor Road 2/15/2024 $2,800,000 0.5 Ranch 1,525 1 3 1-0
B 28 Vickers Street 5/1/2024 $1,900,000 0.6 Standard Plus 1,862 0.51 4 2-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.8 Colonial 1,800 0.97 3 2-0
Averages 117 days $2,166,667 0.64 --- 1,729 0.83 --- ---  

Estimation of Market Value - $1,872,209

As of today, 06/29/2024, the estimated market value of 2 Lexington Avenue, Edgartown considering the above 3 comparable properties is $1,872,209.

 

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
@ 2 Lexington Avenue 5/31/2023 $1,550,000 0 Ranch 1,519 0.5 3 1-1 -
  Criteria
A 31 Crocker Drive 2/5/2014 $1 0.0 Ranch 1,284 0.43 2 1-0
B 5 Waller Way 3/10/2003 $495,000 0.0 Cape Cod 1,274 0.56 2 1-1
C 3 Lexington Avenue 8/12/2002 $1 0.0 Ranch 700 0.5 2 1-0
D 29 Crocker Drive 1/14/2000 $330,000 0.0 Cape Cod 1,360 0.43 3 2-0
E 5 Lexington Avenue 6/8/1994 $1 0.0 Cape Cod 2,153 0.5 4 3-0
F 35 Crocker Drive 8/11/2021 $1 0.0 Vacant Land 0.48 -
G 2 Muskoday Way 11/14/2016 $1,175,000 0.0 Custom 1 6 5-2
H 4 Welchs Way 10/26/2006 $1,025,000 0.1 Cape Cod 2,381 0.54 3 3-0
I 1 Muskoday Way 10/23/2020 $1,550,000 0.1 Cape Cod 2,194 0.5 3 2-0
J 27 Crocker Drive 9/29/2017 $1 0.1 Ranch 2,088 0.52 3 1-0
K 2 Welchs Way 4/3/2000 $220,000 0.1 Cape Cod 2,058 0.54 3 2-0
L 34 Crocker Drive 11/7/1983 $1 0.1 Cape Cod 1,876 0.48 3 2-0
M 28 Crocker Drive 9/25/2000 $495,000 0.1 Standard Plus 3,177 0.66 5 3-1
N 6 Welchs Way 6/8/1994 $1 0.1 Colonial 1,496 0.54 2 1-1
O 33 Crocker Drive 5/1/2018 $1 0.1 Colonial 2,340 0.46 5 2-1
P 8 North Farms Road 8/5/2015 $378,932 0.1 Standard Plus 2,134 0.96 4 2-0
Q 36 Crocker Drive 9/30/2015 $700,000 0.1 Standard Plus 3,987 0.51 3 2-0
R 3 Muskoday Way 3/14/2022 $1,900,000 0.1 Cape Cod 1,054 0.42 4 2-0
S 26 Crocker Drive 2/17/2005 $1 0.1 Standard Plus 4,296 0.3 5 2-0
T 39 Crocker Drive 8/4/2015 $1 0.1 Colonial 1,792 0.46 4 2-
U 28 Hillman Drive 12/17/2010 $900,000 0.1 Custom 2,598 0.51 4 3-1
V 5 Welchs Way 12/15/2014 $1,000,000 0.1 Colonial 1,932 0.52 4 2-1
W 11 Muskoday Lane 12/10/2009 $1 0.1 Custom 0.92 5 4-2
X 10 North Farms Road 11/15/2022 $1 0.1 Standard Plus 2,580 0.97 4 3-0
Y 38 Crocker Drive 2/29/1996 $245,000 0.1 Standard Plus 1,954 0.49 4 2-1
Z 7 Welchs Way 10/15/2020 $1,195,000 0.1 Colonial 1,632 0.52 3 2-0
- 14 Muskoday Lane 12/30/1986 $87,500 0.1 Cape Cod 2,327 0.52 4 2-0
- 41 Crocker Drive 4/27/2018 $1 0.1 Standard Plus 1,484 0.46 4 2-1
- 15 Katama Farm North Road 12/15/1980 $1 0.1 Vacant Land 1.8 -
- 6 North Farms Road 1/28/2020 $1 0.1 Standard Plus 2,711 0.78 4 4-0
- 40 Crocker Drive 3/4/2016 $1 0.1 Camp 852 0.53 2 1-1
- 11 Katama Farm North Road 10/4/1983 $30,500 0.1 Standard Plus 1,676 0.51 4 2-0
- 24 Crocker Drive 10/31/2022 $4,150,000 0.1 Vacant Land 0.64 -
- 43 Crocker Drive 8/19/2014 $1,479,000 0.1 Cape Cod 3,248 0.46 4 4-0
- 6 Farmers Road 7/29/2022 $1,585,000 0.1 Vacant Land 0.55 -
- 2 Farmers Road 1/5/1989 $1 0.1 Cape Cod 1,152 0.56 2 1-0
- 19 Hillman Drive 9/8/2019 $1,315,000 0.1 Colonial 1,840 0.7 4 2-1
- 15 Muskoday Lane 8/18/2016 $1,150,000 0.1 Ranch 2,268 0.86 4 3-0
- 9 North Farms Road 2/12/2009 $1 0.1 Standard Plus 3,148 1.08 4 3-0
- 24 Hillman Drive 3/6/2017 $1 0.1 Modern/Contemporary 2,328 0.86 4 2-1
- 42 Crocker Drive 7/28/1995 $150,000 0.1 Colonial 1,344 0.52 3 2-0
Averages 5746 days $525,755 0.08 --- 1,774 0.62 --- ---  
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
36 135 2 Lexington Avenue