3 Gerts Way, Edgartown, MA 02539

Owner Information
Owner 1
Eileen Devaney Leo
Owner 2
John E Leo
Owner's Address
359 Westmont St West Hartford, CT 06117
Market Sale Information
Most recent sale date
11/17/2021
Previous sale date
7/6/1990
Transfer document #
1603-896
Previous transfer document
0543-0082
Grantor
Eileen Devaney Leo
Previous grantor
Eileen Devaney Leo
Most recent sale price
$10.00
Previous sale price
$1.00
Site Information
Property ID
36-15-13
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1638
Number of Kitchen
Gross Living Area
2377
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
2023
Land Value
$740,700.00
Total value
$1,296,600.00
Building value
$555,900.00
Estimated tax
$3,267.00
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 3 Gerts Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.01 Style Cape Cod Age 1985 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2377 Heating Fuel Electric Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $555,900.00 AEM Value - Land $740,700.00 AEM Value - Other $0.00 AEM Value - Total $1,296,600.00
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 $812,500 $590,200 $0 $1,402,700
B) 41 Road to the Plains 0.4 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
C) 6 Kent Harbor Road 0.7 2/15/2024 $2,800,000 1,525 1 $1836.07 Ranch 1972 3 1 0 1947 Coal or Wood 1 Asph/F Gls/Cmp $459,400 $1,500,100 $0 $1,959,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Gerts Way 11/17/2021 $10 0 Cape Cod 1,638 0.5 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 41 Road to the Plains 1/24/2024 $1,800,000 0.4 Colonial 1,800 0.97 3 2-0
C 6 Kent Harbor Road 2/15/2024 $2,800,000 0.7 Ranch 1,525 1 3 1-0
Averages 119 days $2,166,667 0.40 --- 1,729 0.83 --- ---  

Estimation of Market Value - $1,958,853

As of today, 07/01/2024, the estimated market value of 3 Gerts Way, Edgartown considering the above 3 comparable properties is $1,958,853.

 

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
@ 3 Gerts Way 11/17/2021 $10 0 Cape Cod 1,638 0.5 3 2-0 -
  Criteria
A 5 Gerts Way 9/30/1994 $1 0.0 Cape Cod 1,495 0.51 3 2-0
B 1 Steven-John Court 3/26/1999 $1 0.0 Vacant Land 0.57 -
C 1 Gerts Way 3/31/2000 $419,900 0.0 Colonial 2,288 0.65 4 2-1
D 4 Gerts Way 11/6/1986 $160,000 0.0 Modern/Contemporary 1,426 0.5 3 2-0
E 6 Gerts Way 4/8/1994 $185,000 0.0 Cape Cod 1,495 0.51 3 2-0
F 231 Meetinghouse Way 11/1/1977 $0 0.0 Churches 0.5 2-
G 7 Gerts Way 5/6/1992 $1 0.1 Vacant Land 0.5 -
H 2 Gerts Way 1/6/1995 $70,000 0.1 Cape Cod 1,512 0.65 3 2-0
I 2 Steven-John Court 10/6/2020 $1 0.1 Vacant Land 0.54 -
J 8 Gerts Way 5/21/2010 $870,700 0.1 Colonial 2,880 0.51 4 2-1
K 3 Steven-John Court 5/5/1998 $1 0.1 Standard Plus 3,614 0.64 4 4-1
L 233 Meetinghouse Way 4/7/2021 $1 0.1 Colonial 2,070 0.93 3 1-0
M 4 Steven-John Court 10/6/2020 $1 0.1 Standard Plus 3,289 0.52 3 3-0
N 9 Gerts Way 2/11/2021 $2,450,000 0.1 Custom 3,071 0.5 4 3-2
O 10 Gerts Way 6/14/2024 $2,315,000 0.1 Colonial 2,404 0.5 4 2-1
P 29 Vickers Street 12/30/1993 $154,000 0.1 Cape Cod 1,152 0.51 3 2-0
Q 213 Meetinghouse Way 8/16/2019 $1,605,000 0.1 Colonial 1,480 0.53 3 2-0
R 5 Steven-John Court 8/11/1983 $0 0.1 Vacant Land 0.58 -
S 27 Vickers Street 12/2/2009 $592,500 0.1 Cape Cod 2,012 0.51 3 3-0
T 25 Vickers Street 7/10/2015 $1,511,250 0.1 Custom 2,597 0.51 3 4-1
U 25 Pradas Way 6/27/2008 $585,000 0.1 Colonial 1,540 0.5 3 2-1
V 12 Gerts Way 11/10/2020 $1,025,000 0.1 Cape Cod 1,404 0.53 4 2-0
W 27 Pradas Way 1/29/1979 $58,725 0.1 Modern/Contemporary 1,800 0.5 4 3-0
X 11 Gerts Way 8/26/2015 $1 0.1 Colonial 1,656 0.5 4 3-0
Y 23 Pradas Way 3/1/2000 $425,000 0.1 Colonial 2,016 0.5 3 2-1
Z 9 Suttons Way 3/17/2022 $1,950,000 0.1 Cape Cod 2,841 1.01 5 3-0
- 11 Suttons Way 11/3/1994 $1 0.1 Ranch 912 0.51 3 1-0
- 29 Pradas Way 6/11/2021 $1,650,000 0.1 Standard Plus 1,764 0.5 3 2-0
- 230 Meetinghouse Way 9/22/2020 $1 0.1 Colonial 1.94 5 4-1
- 1 Old Dunhams Corner Way 9/24/1999 $1 0.1 Colonial 3,486 0.95 4 3-0
- 21 Pradas Way 9/1/1977 $0 0.1 Colonial 2,214 0.51 5 2-0
- 235 Meetinghouse Way 5/11/2022 $1,900,000 0.1 Cape Cod 1,443 0.5 3 2-0
- 23 Vickers Street 3/12/1999 $1 0.1 Cape Cod 1,638 0.51 3 2-0
- 3 Old Dunhams Corner Way 4/24/2023 $2,290,000 0.1 Standard Plus 2,178 0.7 4 2-1
- 19 Pradas Way 6/10/2020 $1,080,000 0.1 Colonial 1,792 0.5 4 3-0
- 232 Meetinghouse Way 10/15/1999 $189,900 0.1 Cape Cod 1.5 3 1-1
- 211 Meetinghouse Way 1/7/2014 $854,000 0.1 Cape Cod 1,495 0.59 3 2-0
- 30 Vickers Street 11/21/1997 $229,000 0.1 Cape Cod 3,038 0.54 4 4-0
- 13 Gerts Way 10/20/1995 $243,750 0.1 Colonial 2,322 0.5 4 2-0
- 3 Meetinghouse Circle 10/7/2020 $1,450,000 0.1 Standard Plus 3,275 0.5 4 2-0
- 28 Vickers Street 5/1/2024 $1,900,000 0.1 Standard Plus 1,862 0.51 4 2-1
- 14 Gerts Way 9/16/2013 $1 0.1 Standard Plus 0.5 4 3-1
Averages 6576 days $622,946 0.09 --- 1,701 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 15 13 3 Gerts Way