1 Gerts Way, Edgartown, MA 02539

Owner Information
Owner 1
Louis R Moffa Jr
Owner 2
Donna Siegel Moffa
Owner's Address
225 Haddon Ave, Unit 5510 Haddon Township, NJ 08108
Market Sale Information
Most recent sale date
3/31/2000
Previous sale date
6/13/1988
Transfer document #
0793-0571
Previous transfer document
00501-0512
Grantor
W Bruce Wallin
Previous grantor
Jeffrey J Nourse
Most recent sale price
$419,900.00
Previous sale price
$305,000.00
Site Information
Property ID
36-15-11
Lot Size
0.65
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1987
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2288
Number of Kitchen
Gross Living Area
3783
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
2024
Land Value
$741,600.00
Total value
$1,440,000.00
Building value
$695,900.00
Estimated tax
$3,672.00
Yard improvement value
$2,500.00
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 1 Gerts Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $183.52 Style Colonial Age 1987 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 3783 Heating Fuel Electric Detached Garage Lot Size 0.65 Roof Cover Asph/F Gls/Cmp AEM Value - Building $695,900.00 AEM Value - Land $741,600.00 AEM Value - Other $2,500.00 AEM Value - Total $1,440,000.00
A) 10 Gerts Way 0.1 6/14/2024 $2,315,000 2,404 2 $962.98 Colonial 1987 4 2 1 4583 Gas 0.5 Asph/F Gls/Cmp $925,700 $729,900 $7,400 $1,663,000
B) 28 Vickers Street 0.1 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 $856,000 $571,800 $0 $1,427,800
C) 14 Muskoday Lane 0.4 9/16/2024 $2,300,000 2,327 1.75 $988.40 Cape Cod 1987 4 2 0 5662 Electric 0.52 Asph/F Gls/Cmp $1,126,900 $731,500 $1,500 $1,859,900
D) 1 Old Squaw Circle 0.9 8/6/2024 $2,125,000 2,008 1.75 $1058.27 Cape Cod 1996 8 4 2 1 4569 Gas 0.63 Asph/F Gls/Cmp $905,100 $579,200 $2,500 $1,486,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Gerts Way 3/31/2000 $419,900 0 Colonial 2,288 0.65 4 2-1 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.1 Colonial 2,404 0.5 4 2-1
B 28 Vickers Street 5/1/2024 $1,900,000 0.1 Standard Plus 1,862 0.51 4 2-1
C 14 Muskoday Lane 9/16/2024 $2,300,000 0.4 Cape Cod 2,327 0.52 4 2-0
D 1 Old Squaw Circle 8/6/2024 $2,125,000 0.9 Cape Cod 2,008 0.63 4 2-1
Averages 81 days $2,160,000 0.37 --- 2,150 0.54 --- ---  

Estimation of Market Value - $2,115,525

As of today, 09/28/2024, the estimated market value of 1 Gerts Way, Edgartown considering the above 4 comparable properties is $2,115,525.

 

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
@ 1 Gerts Way 3/31/2000 $419,900 0 Colonial 2,288 0.65 4 2-1 -
  Criteria
A 231 Meetinghouse Way 11/1/1977 $0 0.0 Churches 0.5 2-
B 3 Gerts Way 11/17/2021 $10 0.0 Cape Cod 1,638 0.5 3 2-0
C 2 Gerts Way 1/6/1995 $70,000 0.0 Cape Cod 1,512 0.65 3 2-0
D 4 Gerts Way 11/6/1986 $160,000 0.0 Modern/Contemporary 1,426 0.5 3 2-0
E 1 Steven-John Court 3/26/1999 $1 0.0 Vacant Land 0.57 -
F 233 Meetinghouse Way 4/7/2021 $1 0.1 Colonial 2,070 0.93 3 1-0
G 5 Gerts Way 9/30/1994 $1 0.1 Cape Cod 1,495 0.51 3 2-0
H 6 Gerts Way 4/8/1994 $185,000 0.1 Cape Cod 1,495 0.51 3 2-0
I 3 Steven-John Court 5/5/1998 $1 0.1 Standard Plus 3,614 0.64 4 4-1
J 230 Meetinghouse Way 9/22/2020 $1 0.1 Colonial 1.94 5 4-1
K 213 Meetinghouse Way 8/16/2019 $1,605,000 0.1 Colonial 1,480 0.53 3 2-0
L 3 Old Dunhams Corner Way 4/24/2023 $2,290,000 0.1 Standard Plus 2,178 0.7 4 2-1
M 1 Old Dunhams Corner Way 9/24/1999 $1 0.1 Colonial 3,486 0.95 4 3-0
N 232 Meetinghouse Way 10/15/1999 $189,900 0.1 Cape Cod 1.5 3 1-1
O 8 Gerts Way 5/21/2010 $870,700 0.1 Colonial 2,880 0.51 4 2-1
P 7 Gerts Way 5/6/1992 $1 0.1 Vacant Land 0.5 -
Q 29 Vickers Street 12/30/1993 $154,000 0.1 Cape Cod 1,152 0.51 3 2-0
R 2 Steven-John Court 10/6/2020 $1 0.1 Vacant Land 0.54 -
S 29 Pradas Way 6/11/2021 $1,650,000 0.1 Standard Plus 1,764 0.5 3 2-0
T 235 Meetinghouse Way 5/11/2022 $1,900,000 0.1 Cape Cod 1,443 0.5 3 2-0
U 27 Pradas Way 1/29/1979 $58,725 0.1 Modern/Contemporary 1,800 0.5 4 3-0
V 5 Steven-John Court 8/11/1983 $0 0.1 Vacant Land 0.58 -
W 4 Steven-John Court 10/6/2020 $1 0.1 Standard Plus 3,289 0.52 3 3-0
X 27 Vickers Street 12/2/2009 $592,500 0.1 Cape Cod 2,012 0.51 3 3-0
Y 25 Pradas Way 6/27/2008 $585,000 0.1 Colonial 1,540 0.5 3 2-1
Z 5 Old Dunhams Corner Way 10/11/1985 $1 0.1 Vacant Land 0.7 -
- 10 Gerts Way 6/14/2024 $2,315,000 0.1 Colonial 2,404 0.5 4 2-1
- 9 Gerts Way 2/11/2021 $2,450,000 0.1 Custom 3,071 0.5 4 3-2
- 234 Meetinghouse Way 11/1/1991 $75,000 0.1 Cape Cod 1,584 1.5 4 2-1
- 12 Jennifer Way 11/18/1999 $1 0.1 Standard Plus 3,517 1.61 3 4-0
- 23 Pradas Way 3/1/2000 $425,000 0.1 Colonial 2,016 0.5 3 2-1
- 211 Meetinghouse Way 1/7/2014 $854,000 0.1 Cape Cod 1,495 0.59 3 2-0
- 25 Vickers Street 7/10/2015 $1,511,250 0.1 Custom 2,597 0.51 3 4-1
- 30 Vickers Street 11/21/1997 $229,000 0.1 Cape Cod 3,038 0.54 4 4-0
Averages 7250 days $534,415 0.09 --- 1,647 0.69 --- ---  
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 15 11 1 Gerts Way