4 Welchs Way, Edgartown, MA 02539

Owner Information
Owner 1
John G Hutchinson
Owner 2
Jennifer E Hutchinson
Owner's Address
175 Forest Ave Glen Ridge, NJ 07028
Market Sale Information
Most recent sale date
10/26/2006
Previous sale date
3/2/1989
Transfer document #
1099-0573
Previous transfer document
0517-0268
Grantor
Robert J Mocarski
Previous grantor
Dean C Percival
Most recent sale price
$1,025,000.00
Previous sale price
$0.00
Site Information
Property ID
36-141
Lot Size
0.54
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1984
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2381
Number of Kitchen
Gross Living Area
3460
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$835,000.00
Total value
$1,831,000.00
Building value
$996,000.00
Estimated tax
$4,614.00
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 4 Welchs Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $430.49 Style Cape Cod Age 1984 Rooms Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area 3460 Heating Fuel Gas Detached Garage Lot Size 0.54 Roof Cover Asph/F Gls/Cmp AEM Value - Building $996,000.00 AEM Value - Land $835,000.00 AEM Value - Other $0.00 AEM Value - Total $1,831,000.00
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
@ 4 Welchs Way 10/26/2006 $1,025,000 0 Cape Cod 2,381 0.54 3 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 77 days $2,005,000 0.60 --- 2,022 0.66 --- ---  

Estimation of Market Value - $2,476,071

As of today, 06/29/2024, the estimated market value of 4 Welchs Way, Edgartown considering the above 3 comparable properties is $2,476,071.

 

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
@ 4 Welchs Way 10/26/2006 $1,025,000 0 Cape Cod 2,381 0.54 3 3-0 -
  Criteria
A 2 Welchs Way 4/3/2000 $220,000 0.0 Cape Cod 2,058 0.54 3 2-0
B 6 Welchs Way 6/8/1994 $1 0.0 Colonial 1,496 0.54 2 1-1
C 3 Lexington Avenue 8/12/2002 $1 0.0 Ranch 700 0.5 2 1-0
D 5 Welchs Way 12/15/2014 $1,000,000 0.0 Colonial 1,932 0.52 4 2-1
E 5 Lexington Avenue 6/8/1994 $1 0.0 Cape Cod 2,153 0.5 4 3-0
F 7 Welchs Way 10/15/2020 $1,195,000 0.0 Colonial 1,632 0.52 3 2-0
G 14 Muskoday Lane 12/30/1986 $87,500 0.1 Cape Cod 2,327 0.52 4 2-0
H 2 Lexington Avenue 5/31/2023 $1,550,000 0.1 Ranch 1,519 0.5 3 1-1
I 1 Muskoday Way 10/23/2020 $1,550,000 0.1 Cape Cod 2,194 0.5 3 2-0
J 6 Farmers Road 7/29/2022 $1,585,000 0.1 Vacant Land 0.55 -
K 10 North Farms Road 11/15/2022 $1 0.1 Standard Plus 2,580 0.97 4 3-0
L 5 Waller Way 3/10/2003 $495,000 0.1 Cape Cod 1,274 0.56 2 1-1
M 2 Farmers Road 1/5/1989 $1 0.1 Cape Cod 1,152 0.56 2 1-0
N 8 North Farms Road 8/5/2015 $378,932 0.1 Standard Plus 2,134 0.96 4 2-0
O 11 Muskoday Lane 12/10/2009 $1 0.1 Custom 0.92 5 4-2
P 8 Farmers Road 6/5/2019 $1 0.1 Custom 3,296 0.6 4 3-0
Q 2 Muskoday Way 11/14/2016 $1,175,000 0.1 Custom 1 6 5-2
R 3 Muskoday Way 3/14/2022 $1,900,000 0.1 Cape Cod 1,054 0.42 4 2-0
S 9 North Farms Road 2/12/2009 $1 0.1 Standard Plus 3,148 1.08 4 3-0
T 31 Crocker Drive 2/5/2014 $1 0.1 Ranch 1,284 0.43 2 1-0
U 35 Crocker Drive 8/11/2021 $1 0.1 Vacant Land 0.48 -
V 29 Crocker Drive 1/14/2000 $330,000 0.1 Cape Cod 1,360 0.43 3 2-0
W 15 Muskoday Lane 8/18/2016 $1,150,000 0.1 Ranch 2,268 0.86 4 3-0
X 33 Crocker Drive 5/1/2018 $1 0.1 Colonial 2,340 0.46 5 2-1
Y 27 Crocker Drive 9/29/2017 $1 0.1 Ranch 2,088 0.52 3 1-0
Z 17 Muskoday Lane 1/6/2011 $773,000 0.1 Colonial 1,632 0.53 4 2-0
- 7 North Farms Road 10/14/2014 $1 0.1 Standard Plus 3,173 0.71 4 3-1
- 39 Crocker Drive 8/4/2015 $1 0.1 Colonial 1,792 0.46 4 2-
- 6 North Farms Road 1/28/2020 $1 0.1 Standard Plus 2,711 0.78 4 4-0
- 41 Crocker Drive 4/27/2018 $1 0.1 Standard Plus 1,484 0.46 4 2-1
- 105 Herring Creek Road 12/29/2016 $1 0.1 Cape Cod 3,011 0.98 6 3-1
- 34 Crocker Drive 11/7/1983 $1 0.1 Cape Cod 1,876 0.48 3 2-0
- 107 Herring Creek Road 10/21/2020 $1 0.1 Colonial 1,852 0.5 4 2-1
- 28 Crocker Drive 9/25/2000 $495,000 0.1 Standard Plus 3,177 0.66 5 3-1
- 109 Herring Creek Road 11/24/2015 $1,275,000 0.1 Colonial 2,750 0.5 3 3-0
- 36 Crocker Drive 9/30/2015 $700,000 0.1 Standard Plus 3,987 0.51 3 2-0
- 16 Farmers Road 3/24/2004 $1 0.1 Cape Cod 2,086 0.53 3 2-1
Averages 4840 days $428,634 0.08 --- 1,879 0.61 --- ---  
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
36 141 4 Welchs Way