7 Gerts Way, Edgartown, MA 02539

Owner Information
Owner 1
Joelincarjef Associates
Owner 2
Owner's Address
48 Midlands West Hartford,, CT 06107
Market Sale Information
Most recent sale date
5/6/1992
Previous sale date
12/31/1986
Transfer document #
0579-0304
Previous transfer document
00465-0129
Grantor
Joel H Cohen
Previous grantor
Lawrence Duarte
Most recent sale price
$1.00
Previous sale price
$95,000.00
Site Information
Property ID
36-15-17
Lot Size
0.5
Use Code
130 - Land, developable
Zoning
R20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
0
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
0
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2023
Land Value
$740,700.00
Total value
$740,700.00
Building value
$0.00
Estimated tax
$1,866.00
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 7 Gerts Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age 0 Rooms Bedrooms Full baths Half baths Gross Living Area 0 Heating Fuel Detached Garage Lot Size 0.5 Roof Cover AEM Value - Building $0.00 AEM Value - Land $740,700.00 AEM Value - Other $0.00 AEM Value - Total $740,700.00
A) 14 Mill Hill Road 0.7 5/30/2024 $4,600,000 - Vacant Land 0 0 0.71 $0 $804,600 $0 $804,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Gerts Way 5/6/1992 $1 0 Vacant Land 0.5 - -
  Criteria
A 14 Mill Hill Road 5/30/2024 $4,600,000 0.7 Vacant Land 0.71 -
Averages 32 days $4,600,000 0.74 --- 0.71 --- ---  

Estimation of Market Value - $4,234,676

As of today, 07/01/2024, the estimated market value of 7 Gerts Way, Edgartown considering the above 1 comparable properties is $4,234,676.

 

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
@ 7 Gerts Way 5/6/1992 $1 0 Vacant Land 0.5 - -
  Criteria
A 9 Gerts Way 2/11/2021 $2,450,000 0.0 Custom 3,071 0.5 4 3-2
B 5 Gerts Way 9/30/1994 $1 0.0 Cape Cod 1,495 0.51 3 2-0
C 2 Steven-John Court 10/6/2020 $1 0.0 Vacant Land 0.54 -
D 10 Gerts Way 6/14/2024 $2,315,000 0.0 Colonial 2,404 0.5 4 2-1
E 8 Gerts Way 5/21/2010 $870,700 0.0 Colonial 2,880 0.51 4 2-1
F 11 Gerts Way 8/26/2015 $1 0.0 Colonial 1,656 0.5 4 3-0
G 6 Gerts Way 4/8/1994 $185,000 0.1 Cape Cod 1,495 0.51 3 2-0
H 3 Gerts Way 11/17/2021 $10 0.1 Cape Cod 1,638 0.5 3 2-0
I 12 Gerts Way 11/10/2020 $1,025,000 0.1 Cape Cod 1,404 0.53 4 2-0
J 4 Steven-John Court 10/6/2020 $1 0.1 Standard Plus 3,289 0.52 3 3-0
K 11 Suttons Way 11/3/1994 $1 0.1 Ranch 912 0.51 3 1-0
L 1 Steven-John Court 3/26/1999 $1 0.1 Vacant Land 0.57 -
M 4 Gerts Way 11/6/1986 $160,000 0.1 Modern/Contemporary 1,426 0.5 3 2-0
N 13 Gerts Way 10/20/1995 $243,750 0.1 Colonial 2,322 0.5 4 2-0
O 9 Suttons Way 3/17/2022 $1,950,000 0.1 Cape Cod 2,841 1.01 5 3-0
P 25 Vickers Street 7/10/2015 $1,511,250 0.1 Custom 2,597 0.51 3 4-1
Q 27 Vickers Street 12/2/2009 $592,500 0.1 Cape Cod 2,012 0.51 3 3-0
R 14 Gerts Way 9/16/2013 $1 0.1 Standard Plus 0.5 4 3-1
S 5 Steven-John Court 8/11/1983 $0 0.1 Vacant Land 0.58 -
T 23 Vickers Street 3/12/1999 $1 0.1 Cape Cod 1,638 0.51 3 2-0
U 29 Vickers Street 12/30/1993 $154,000 0.1 Cape Cod 1,152 0.51 3 2-0
V 3 Steven-John Court 5/5/1998 $1 0.1 Standard Plus 3,614 0.64 4 4-1
W 17 Suttons Way 5/11/2009 $470,000 0.1 Ranch 1,296 0.5 2 1-0
X 1 Gerts Way 3/31/2000 $419,900 0.1 Colonial 2,288 0.65 4 2-1
Y 21 Vickers Street 9/15/2020 $1,335,000 0.1 Cape Cod 1,962 0.5 3 2-0
Z 231 Meetinghouse Way 11/1/1977 $0 0.1 Churches 0.5 2-
- 2 Gerts Way 1/6/1995 $70,000 0.1 Cape Cod 1,512 0.65 3 2-0
- 15 Duarte Circle 5/20/1994 $169,000 0.1 Standard Plus 1,658 0.55 3 2-0
- 13 Duarte Circle 12/2/2002 $1 0.1 Cape Cod 1,801 0.62 3 2-1
- 15 Suttons Way 12/12/2003 $430,000 0.1 Ranch 1,056 0.91 3 1-0
- 19 Vickers Street 9/28/2023 $1,650,000 0.1 Cape Cod 1,568 0.5 3 2-0
- 21 Pradas Way 9/1/1977 $0 0.1 Colonial 2,214 0.51 5 2-0
- 3 Meetinghouse Circle 10/7/2020 $1,450,000 0.1 Standard Plus 3,275 0.5 4 2-0
- 213 Meetinghouse Way 8/16/2019 $1,605,000 0.1 Colonial 1,480 0.53 3 2-0
- 6 Meetinghouse Circle 6/18/2014 $1 0.1 Standard Plus 1,350 0.5 3 2-0
- 19 Pradas Way 6/10/2020 $1,080,000 0.1 Colonial 1,792 0.5 4 3-0
- 23 Pradas Way 3/1/2000 $425,000 0.1 Colonial 2,016 0.5 3 2-1
- 12 Duarte Circle 7/27/2015 $1 0.1 Standard Plus 2,558 0.78 4 2-0
- 233 Meetinghouse Way 4/7/2021 $1 0.1 Colonial 2,070 0.93 3 1-0
- 17 Vickers Street 12/23/2020 $1 0.1 Ranch 1,056 0.51 3 1-0
- 25 Pradas Way 6/27/2008 $585,000 0.1 Colonial 1,540 0.5 3 2-1
- 8 Meetinghouse Circle 7/27/2005 $1 0.1 Standard Plus 1,032 0.52 3 2-0
- 26 Vickers Street 4/14/2022 $0 0.1 Standard Plus 1,229 0.51 2 1-0
- 24 Vickers Street 11/9/2017 $1,995,000 0.1 Custom 3,487 0.5 5 4-1
- 28 Vickers Street 5/1/2024 $1,900,000 0.1 Standard Plus 1,862 0.51 4 2-1
- 19 Suttons Way 2/12/2016 $1 0.1 Modern/Contemporary 1,149 0.55 3 2-0
- 27 Pradas Way 1/29/1979 $58,725 0.1 Modern/Contemporary 1,800 0.5 4 3-0
Averages 6066 days $534,039 0.08 --- 1,721 0.56 --- ---  
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 17 7 Gerts Way