5 Lexington Avenue, Edgartown, MA 02539

5 Lexington Avenue Edgartown MA 02539
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Donald Peter Welch
Owner 2
Katherine Kneedler Welch
Owner's Address
6 Welchs Way Edgartown, MA 02539
Market Sale Information
Most recent sale date
6/8/1994
Previous sale date
12/8/1972
Transfer document #
0635-0279
Previous transfer document
0303-0388
Grantor
Donald Peter Welch
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
36-139
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1978
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2153
Number of Kitchen
Gross Living Area
5154
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
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
$831,300.00
Total value
$1,728,000.00
Building value
$896,700.00
Estimated tax
$4,354.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 5 Lexington Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1978 Rooms Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 5154 Heating Fuel Oil Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $896,700.00 AEM Value - Land $831,300.00 AEM Value - Other $0.00 AEM Value - Total $1,728,000.00
A) 10 Gerts Way 0.5 6/14/2024 $2,315,000 2,404 2 $962.98 Colonial 1987 4 2 1 4583 Gas 0.5 Asph/F Gls/Cmp $950,400 $740,700 $0 $1,691,100
B) 28 Vickers Street 0.5 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
@ 5 Lexington Avenue 6/8/1994 $1 0 Cape Cod 2,153 0.5 4 3-0 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.5 Colonial 2,404 0.5 4 2-1
B 28 Vickers Street 5/1/2024 $1,900,000 0.5 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 75 days $2,005,000 0.62 --- 2,022 0.66 --- ---  

Estimation of Market Value - $2,290,148

As of today, 06/26/2024, the estimated market value of 5 Lexington Avenue, Edgartown considering the above 3 comparable properties is $2,290,148.

 

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
@ 5 Lexington Avenue 6/8/1994 $1 0 Cape Cod 2,153 0.5 4 3-0 -
  Criteria
A 6 Welchs Way 6/8/1994 $1 0.0 Colonial 1,496 0.54 2 1-1
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 4 Welchs Way 10/26/2006 $1,025,000 0.0 Cape Cod 2,381 0.54 3 3-0
E 8 North Farms Road 8/5/2015 $378,932 0.0 Standard Plus 2,134 0.96 4 2-0
F 2 Lexington Avenue 5/31/2023 $1,550,000 0.0 Ranch 1,519 0.5 3 1-1
G 10 North Farms Road 11/15/2022 $1 0.1 Standard Plus 2,580 0.97 4 3-0
H 35 Crocker Drive 8/11/2021 $1 0.1 Vacant Land 0.48 -
I 2 Welchs Way 4/3/2000 $220,000 0.1 Cape Cod 2,058 0.54 3 2-0
J 7 Welchs Way 10/15/2020 $1,195,000 0.1 Colonial 1,632 0.52 3 2-0
K 33 Crocker Drive 5/1/2018 $1 0.1 Colonial 2,340 0.46 5 2-1
L 31 Crocker Drive 2/5/2014 $1 0.1 Ranch 1,284 0.43 2 1-0
M 5 Welchs Way 12/15/2014 $1,000,000 0.1 Colonial 1,932 0.52 4 2-1
N 39 Crocker Drive 8/4/2015 $1 0.1 Colonial 1,792 0.46 4 2-
O 1 Muskoday Way 10/23/2020 $1,550,000 0.1 Cape Cod 2,194 0.5 3 2-0
P 6 North Farms Road 1/28/2020 $1 0.1 Standard Plus 2,711 0.78 4 4-0
Q 29 Crocker Drive 1/14/2000 $330,000 0.1 Cape Cod 1,360 0.43 3 2-0
R 9 North Farms Road 2/12/2009 $1 0.1 Standard Plus 3,148 1.08 4 3-0
S 41 Crocker Drive 4/27/2018 $1 0.1 Standard Plus 1,484 0.46 4 2-1
T 2 Muskoday Way 11/14/2016 $1,175,000 0.1 Custom 1 6 5-2
U 2 Farmers Road 1/5/1989 $1 0.1 Cape Cod 1,152 0.56 2 1-0
V 14 Muskoday Lane 12/30/1986 $87,500 0.1 Cape Cod 2,327 0.52 4 2-0
W 7 North Farms Road 10/14/2014 $1 0.1 Standard Plus 3,173 0.71 4 3-1
X 34 Crocker Drive 11/7/1983 $1 0.1 Cape Cod 1,876 0.48 3 2-0
Y 36 Crocker Drive 9/30/2015 $700,000 0.1 Standard Plus 3,987 0.51 3 2-0
Z 6 Farmers Road 7/29/2022 $1,585,000 0.1 Vacant Land 0.55 -
- 3 Muskoday Way 3/14/2022 $1,900,000 0.1 Cape Cod 1,054 0.42 4 2-0
- 43 Crocker Drive 8/19/2014 $1,479,000 0.1 Cape Cod 3,248 0.46 4 4-0
- 27 Crocker Drive 9/29/2017 $1 0.1 Ranch 2,088 0.52 3 1-0
- 38 Crocker Drive 2/29/1996 $245,000 0.1 Standard Plus 1,954 0.49 4 2-1
- 11 Muskoday Lane 12/10/2009 $1 0.1 Custom 0.92 5 4-2
- 28 Crocker Drive 9/25/2000 $495,000 0.1 Standard Plus 3,177 0.66 5 3-1
- 40 Crocker Drive 3/4/2016 $1 0.1 Camp 852 0.53 2 1-1
- 5 North Farms Road 12/30/1994 $80,000 0.1 Standard Plus 2,146 0.76 4 2-1
- 45 Crocker Drive 4/21/2011 $700,000 0.1 Colonial 2,200 0.46 3 3-0
- 8 Farmers Road 6/5/2019 $1 0.1 Custom 3,296 0.6 4 3-0
- 26 Crocker Drive 2/17/2005 $1 0.1 Standard Plus 4,296 0.3 5 2-0
- 42 Crocker Drive 7/28/1995 $150,000 0.1 Colonial 1,344 0.52 3 2-0
- 109 Herring Creek Road 11/24/2015 $1,275,000 0.1 Colonial 2,750 0.5 3 3-0
- 15 Katama Farm North Road 12/15/1980 $1 0.1 Vacant Land 1.8 -
- 107 Herring Creek Road 10/21/2020 $1 0.1 Colonial 1,852 0.5 4 2-1
- 28 Hillman Drive 12/17/2010 $900,000 0.1 Custom 2,598 0.51 4 3-1
- 15 Muskoday Lane 8/18/2016 $1,150,000 0.1 Ranch 2,268 0.86 4 3-0
- 111 Herring Creek Road 12/29/1988 $105,000 0.1 Ranch 2,927 1 6 2-1
Averages 5532 days $449,328 0.08 --- 1,922 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
36 139 5 Lexington Avenue