2 Gerts Way, Edgartown, MA 02539

Owner Information
Owner 1
John J Driscoll & Deborah A
Owner 2
Owner's Address
16 Bond Hollow Rd Sutton, MA 01590
Market Sale Information
Most recent sale date
1/6/1995
Previous sale date
2/1/1985
Transfer document #
0647-0765
Previous transfer document
00419-0549
Grantor
Richard A Caswell
Previous grantor
Lawrence Duarte
Most recent sale price
$70,000.00
Previous sale price
$24,500.00
Site Information
Property ID
36-15-12
Lot Size
0.65
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
5
Stories
1.5
Number of Beds
3
Year Built
1997
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1512
Number of Kitchen
Gross Living Area
3480
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$741,600.00
Total value
$1,435,400.00
Building value
$693,100.00
Estimated tax
$3,660.00
Yard improvement value
$700.00
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 Gerts Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $46.30 Style Cape Cod Age 1997 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3480 Heating Fuel Oil Detached Garage Lot Size 0.65 Roof Cover Asph/F Gls/Cmp AEM Value - Building $693,100.00 AEM Value - Land $741,600.00 AEM Value - Other $700.00 AEM Value - Total $1,435,400.00
A) 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
B) 34 Knoll Drive 0.4 8/13/2024 $1,625,000 1,279 1 $1270.52 Cape Cod 1971 3 1 0 3512 Electric 0.36 Asph/F Gls/Cmp $495,000 $812,100 $2,200 $1,309,300
C) 15 Deacon Vincent Way 0.5 9/11/2024 $1,785,000 1,456 2 $1225.96 Colonial 1983 3 1 1 2844 Electric 0.55 Asph/F Gls/Cmp $429,000 $893,300 $2,000 $1,324,300
D) 11 Deacon Vincent Way 0.5 8/12/2024 $1,675,000 1,250 2 $1340.00 Colonial 1986 4 1 1 2937 Electric 0.5 Asph/F Gls/Cmp $394,200 $888,500 $700 $1,283,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Gerts Way 1/6/1995 $70,000 0 Cape Cod 1,512 0.65 3 2-0 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.1 Standard Plus 1,862 0.51 4 2-1
B 34 Knoll Drive 8/13/2024 $1,625,000 0.4 Cape Cod 1,279 0.36 3 1-0
C 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.5 Colonial 1,456 0.55 3 1-1
D 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.5 Colonial 1,250 0.5 4 1-1
Averages 66 days $1,746,250 0.36 --- 1,462 0.48 --- ---  

Estimation of Market Value - $1,841,086

As of today, 09/28/2024, the estimated market value of 2 Gerts Way, Edgartown considering the above 4 comparable properties is $1,841,086.

 

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 Gerts Way 1/6/1995 $70,000 0 Cape Cod 1,512 0.65 3 2-0 -
  Criteria
A 4 Gerts Way 11/6/1986 $160,000 0.0 Modern/Contemporary 1,426 0.5 3 2-0
B 213 Meetinghouse Way 8/16/2019 $1,605,000 0.0 Colonial 1,480 0.53 3 2-0
C 1 Gerts Way 3/31/2000 $419,900 0.0 Colonial 2,288 0.65 4 2-1
D 6 Gerts Way 4/8/1994 $185,000 0.0 Cape Cod 1,495 0.51 3 2-0
E 3 Gerts Way 11/17/2021 $10 0.1 Cape Cod 1,638 0.5 3 2-0
F 1 Old Dunhams Corner Way 9/24/1999 $1 0.1 Colonial 3,486 0.95 4 3-0
G 29 Vickers Street 12/30/1993 $154,000 0.1 Cape Cod 1,152 0.51 3 2-0
H 3 Old Dunhams Corner Way 4/24/2023 $2,290,000 0.1 Standard Plus 2,178 0.7 4 2-1
I 231 Meetinghouse Way 11/1/1977 $0 0.1 Churches 0.5 2-
J 5 Gerts Way 9/30/1994 $1 0.1 Cape Cod 1,495 0.51 3 2-0
K 8 Gerts Way 5/21/2010 $870,700 0.1 Colonial 2,880 0.51 4 2-1
L 211 Meetinghouse Way 1/7/2014 $854,000 0.1 Cape Cod 1,495 0.59 3 2-0
M 27 Vickers Street 12/2/2009 $592,500 0.1 Cape Cod 2,012 0.51 3 3-0
N 1 Steven-John Court 3/26/1999 $1 0.1 Vacant Land 0.57 -
O 30 Vickers Street 11/21/1997 $229,000 0.1 Cape Cod 3,038 0.54 4 4-0
P 7 Gerts Way 5/6/1992 $1 0.1 Vacant Land 0.5 -
Q 230 Meetinghouse Way 9/22/2020 $1 0.1 Colonial 1.94 5 4-1
R 28 Vickers Street 5/1/2024 $1,900,000 0.1 Standard Plus 1,862 0.51 4 2-1
S 25 Vickers Street 7/10/2015 $1,511,250 0.1 Custom 2,597 0.51 3 4-1
T 2 Old Dunhams Corner Way 11/9/2018 $1 0.1 Cape Cod 1,428 0.8 3 2-0
U 10 Gerts Way 6/14/2024 $2,315,000 0.1 Colonial 2,404 0.5 4 2-1
V 5 Old Dunhams Corner Way 10/11/1985 $1 0.1 Vacant Land 0.7 -
W 233 Meetinghouse Way 4/7/2021 $1 0.1 Colonial 2,070 0.93 3 1-0
X 3 Steven-John Court 5/5/1998 $1 0.1 Standard Plus 3,614 0.64 4 4-1
Y 4 Old Dunhams Corner Way 6/12/2014 $1 0.1 Cape Cod 1,361 0.88 3 2-1
Z 26 Vickers Street 4/14/2022 $0 0.1 Standard Plus 1,229 0.51 2 1-0
- 2 Steven-John Court 10/6/2020 $1 0.1 Vacant Land 0.54 -
- 207 Meetinghouse Way 10/18/1983 $0 0.1 Standard Basic 1,536 0.58 2 2-0
- 23 Vickers Street 3/12/1999 $1 0.1 Cape Cod 1,638 0.51 3 2-0
- 9 Gerts Way 2/11/2021 $2,450,000 0.1 Custom 3,071 0.5 4 3-2
- 12 Gerts Way 11/10/2020 $1,025,000 0.1 Cape Cod 1,404 0.53 4 2-0
- 232 Meetinghouse Way 10/15/1999 $189,900 0.1 Cape Cod 1.5 3 1-1
- 6 Old Dunhams Corner Way 12/4/2014 $1 0.1 Colonial 3,279 0.9 3 2-0
- 24 Vickers Street 11/9/2017 $1,995,000 0.1 Custom 3,487 0.5 5 4-1
Averages 6239 days $551,361 0.09 --- 1,678 0.66 --- ---  
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 12 2 Gerts Way