2 Welchs Way, Edgartown, MA 02539

2 Welchs Way Edgartown MA 02539
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Owner Information
Owner 1
Sean P Welch
Owner 2
Owner's Address
2 Welchs Way Edgartown, MA 02539
Market Sale Information
Most recent sale date
4/3/2000
Previous sale date
6/30/1994
Transfer document #
0793-0766
Previous transfer document
0317-0368
Grantor
Leo F Welch
Previous grantor
Charlene Caprio
Most recent sale price
$220,000.00
Previous sale price
$0.00
Site Information
Property ID
36-142
Lot Size
0.54
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2058
Number of Kitchen
Gross Living Area
4432
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$828,600.00
Total value
$1,920,600.00
Building value
$1,082,800.00
Estimated tax
$4,897.00
Yard improvement value
$9,200.00
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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 2 Welchs Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $106.90 Style Cape Cod Age 1973 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4432 Heating Fuel Gas Detached Garage Lot Size 0.54 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,082,800.00 AEM Value - Land $828,600.00 AEM Value - Other $9,200.00 AEM Value - Total $1,920,600.00
A) 20 Metells Way 0.5 9/20/2024 $4,525,000 1,757 1.75 $2575.41 Cape Cod 1982 4 2 0 3589 Electric 0.63 Asph/F Gls/Cmp $1,109,200 $836,600 $76,900 $2,022,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Welchs Way 4/3/2000 $220,000 0 Cape Cod 2,058 0.54 3 2-0 -
  Criteria
A 20 Metells Way 9/20/2024 $4,525,000 0.5 Cape Cod 1,757 0.63 4 2-0
Averages 9 days $4,525,000 0.49 --- 1,757 0.63 --- ---  

Estimation of Market Value - $4,798,395

As of today, 09/28/2024, the estimated market value of 2 Welchs Way, Edgartown considering the above 1 comparable properties is $4,798,395.

 

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
@ 2 Welchs Way 4/3/2000 $220,000 0 Cape Cod 2,058 0.54 3 2-0 -
  Criteria
A 4 Welchs Way 10/26/2006 $1,025,000 0.0 Cape Cod 2,381 0.54 3 3-0
B 3 Lexington Avenue 8/12/2002 $1 0.0 Ranch 700 0.5 2 1-0
C 1 Muskoday Way 10/23/2020 $1,550,000 0.0 Cape Cod 2,194 0.5 3 2-0
D 14 Muskoday Lane 9/16/2024 $2,300,000 0.0 Cape Cod 2,327 0.52 4 2-0
E 5 Welchs Way 12/15/2014 $1,000,000 0.0 Colonial 1,932 0.52 4 2-1
F 11 Muskoday Lane 12/10/2009 $1 0.0 Custom 0.92 5 4-2
G 3 Muskoday Way 3/14/2022 $1,900,000 0.1 Cape Cod 1,054 0.42 4 2-0
H 6 Welchs Way 6/8/1994 $1 0.1 Colonial 1,496 0.54 2 1-1
I 5 Lexington Avenue 6/8/1994 $1 0.1 Cape Cod 2,153 0.5 4 3-0
J 7 Welchs Way 10/15/2020 $1,195,000 0.1 Colonial 1,632 0.52 3 2-0
K 2 Lexington Avenue 5/31/2023 $1,550,000 0.1 Ranch 1,519 0.5 3 1-1
L 2 Muskoday Way 11/14/2016 $1,175,000 0.1 Custom 1 6 5-2
M 6 Farmers Road 7/29/2022 $1,585,000 0.1 Vacant Land 0.55 -
N 8 Farmers Road 6/5/2019 $1 0.1 Custom 3,296 0.6 4 3-0
O 15 Muskoday Lane 8/18/2016 $1,150,000 0.1 Ranch 2,268 0.86 4 3-0
P 2 Farmers Road 1/5/1989 $1 0.1 Cape Cod 1,152 0.56 2 1-0
Q 5 Waller Way 3/10/2003 $495,000 0.1 Cape Cod 1,274 0.56 2 1-1
R 17 Muskoday Lane 1/6/2011 $773,000 0.1 Colonial 1,632 0.53 4 2-0
S 29 Crocker Drive 1/14/2000 $330,000 0.1 Cape Cod 1,360 0.43 3 2-0
T 10 North Farms Road 11/15/2022 $1 0.1 Standard Plus 2,580 0.97 4 3-0
U 27 Crocker Drive 9/29/2017 $1 0.1 Ranch 2,088 0.52 3 1-0
V 31 Crocker Drive 2/5/2014 $1 0.1 Ranch 1,284 0.43 2 1-0
W 8 North Farms Road 8/5/2015 $378,932 0.1 Standard Plus 2,134 0.96 4 2-0
X 35 Crocker Drive 8/11/2021 $1 0.1 Vacant Land 0.48 -
Y 16 Farmers Road 3/24/2004 $1 0.1 Cape Cod 2,086 0.53 3 2-1
Z 9 North Farms Road 2/12/2009 $1 0.1 Standard Plus 3,148 1.08 4 3-0
- 33 Crocker Drive 5/1/2018 $1 0.1 Colonial 2,340 0.46 5 2-1
- 28 Crocker Drive 9/25/2000 $495,000 0.1 Standard Plus 3,177 0.66 5 3-1
- 26 Crocker Drive 2/17/2005 $1 0.1 Standard Plus 4,296 0.3 5 2-0
- 34 Crocker Drive 11/7/1983 $1 0.1 Cape Cod 1,876 0.48 3 2-0
- 39 Crocker Drive 8/4/2015 $1 0.1 Colonial 1,792 0.46 4 2-
Averages 4999 days $545,224 0.08 --- 1,780 0.59 --- ---  
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
36 142 2 Welchs Way