8 Gerts Way, Edgartown, MA 02539

8 Gerts Way Edgartown MA 02539
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Owner Information
Owner 1
Peter C Pedro Jr
Owner 2
Michelle Rae Pedro
Owner's Address
19 Purdon Ave Lynn, MA 01905
Market Sale Information
Most recent sale date
5/21/2010
Previous sale date
10/16/1995
Transfer document #
1211-0921
Previous transfer document
0663-0163
Grantor
Robert E Egerton
Previous grantor
Steven C Jordan
Most recent sale price
$870,700.00
Previous sale price
$248,000.00
Site Information
Property ID
36-15-18
Lot Size
0.51
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
2880
Number of Kitchen
Gross Living Area
4690
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$741,500.00
Total value
$1,826,300.00
Building value
$1,084,800.00
Estimated tax
$4,602.00
Yard improvement value
$0.00
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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 8 Gerts Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $302.33 Style Colonial Age 1987 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 4690 Heating Fuel Oil Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,084,800.00 AEM Value - Land $741,500.00 AEM Value - Other $0.00 AEM Value - Total $1,826,300.00
A) 10 Gerts Way 0.0 6/14/2024 $2,315,000 2,404 2 $962.98 Colonial 1987 4 2 1 4583 Gas 0.5 Asph/F Gls/Cmp $950,400 $740,700 $0 $1,691,100
B) 7 Katama Drive 0.8 2/9/2024 $4,465,000 3,116 2 $1432.93 Standard Plus 2008 3 3 1 6904 Gas 0.46 Asph/F Gls/Cmp $2,079,300 $737,200 $0 $2,816,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Gerts Way 5/21/2010 $870,700 0 Colonial 2,880 0.51 4 2-1 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.0 Colonial 2,404 0.5 4 2-1
B 7 Katama Drive 2/9/2024 $4,465,000 0.8 Standard Plus 3,116 0.46 3 3-1
Averages 80 days $3,390,000 0.41 --- 2,760 0.48 --- ---  

Estimation of Market Value - $3,142,189

As of today, 07/01/2024, the estimated market value of 8 Gerts Way, Edgartown considering the above 2 comparable properties is $3,142,189.

 

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
@ 8 Gerts Way 5/21/2010 $870,700 0 Colonial 2,880 0.51 4 2-1 -
  Criteria
A 6 Gerts Way 4/8/1994 $185,000 0.0 Cape Cod 1,495 0.51 3 2-0
B 10 Gerts Way 6/14/2024 $2,315,000 0.0 Colonial 2,404 0.5 4 2-1
C 27 Vickers Street 12/2/2009 $592,500 0.0 Cape Cod 2,012 0.51 3 3-0
D 25 Vickers Street 7/10/2015 $1,511,250 0.0 Custom 2,597 0.51 3 4-1
E 29 Vickers Street 12/30/1993 $154,000 0.0 Cape Cod 1,152 0.51 3 2-0
F 5 Gerts Way 9/30/1994 $1 0.0 Cape Cod 1,495 0.51 3 2-0
G 7 Gerts Way 5/6/1992 $1 0.0 Vacant Land 0.5 -
H 4 Gerts Way 11/6/1986 $160,000 0.0 Modern/Contemporary 1,426 0.5 3 2-0
I 12 Gerts Way 11/10/2020 $1,025,000 0.0 Cape Cod 1,404 0.53 4 2-0
J 23 Vickers Street 3/12/1999 $1 0.1 Cape Cod 1,638 0.51 3 2-0
K 9 Gerts Way 2/11/2021 $2,450,000 0.1 Custom 3,071 0.5 4 3-2
L 3 Gerts Way 11/17/2021 $10 0.1 Cape Cod 1,638 0.5 3 2-0
M 21 Vickers Street 9/15/2020 $1,335,000 0.1 Cape Cod 1,962 0.5 3 2-0
N 2 Gerts Way 1/6/1995 $70,000 0.1 Cape Cod 1,512 0.65 3 2-0
O 213 Meetinghouse Way 8/16/2019 $1,605,000 0.1 Colonial 1,480 0.53 3 2-0
P 11 Gerts Way 8/26/2015 $1 0.1 Colonial 1,656 0.5 4 3-0
Q 2 Steven-John Court 10/6/2020 $1 0.1 Vacant Land 0.54 -
R 14 Gerts Way 9/16/2013 $1 0.1 Standard Plus 0.5 4 3-1
S 26 Vickers Street 4/14/2022 $0 0.1 Standard Plus 1,229 0.51 2 1-0
T 28 Vickers Street 5/1/2024 $1,900,000 0.1 Standard Plus 1,862 0.51 4 2-1
U 24 Vickers Street 11/9/2017 $1,995,000 0.1 Custom 3,487 0.5 5 4-1
V 19 Vickers Street 9/28/2023 $1,650,000 0.1 Cape Cod 1,568 0.5 3 2-0
W 30 Vickers Street 11/21/1997 $229,000 0.1 Cape Cod 3,038 0.54 4 4-0
X 1 Steven-John Court 3/26/1999 $1 0.1 Vacant Land 0.57 -
Y 13 Gerts Way 10/20/1995 $243,750 0.1 Colonial 2,322 0.5 4 2-0
Z 1 Gerts Way 3/31/2000 $419,900 0.1 Colonial 2,288 0.65 4 2-1
- 22 Vickers Street 5/7/2008 $1 0.1 Cape Cod 1,498 0.51 3 2-0
- 211 Meetinghouse Way 1/7/2014 $854,000 0.1 Cape Cod 1,495 0.59 3 2-0
- 231 Meetinghouse Way 11/1/1977 $0 0.1 Churches 0.5 2-
- 11 Suttons Way 11/3/1994 $1 0.1 Ranch 912 0.51 3 1-0
- 17 Vickers Street 12/23/2020 $1 0.1 Ranch 1,056 0.51 3 1-0
- 4 Steven-John Court 10/6/2020 $1 0.1 Standard Plus 3,289 0.52 3 3-0
- 20 Vickers Street 10/28/2021 $10 0.1 Custom 3,340 0.51 4 4-2
- 15 Duarte Circle 5/20/1994 $169,000 0.1 Standard Plus 1,658 0.55 3 2-0
- 9 Suttons Way 3/17/2022 $1,950,000 0.1 Cape Cod 2,841 1.01 5 3-0
- 3 Steven-John Court 5/5/1998 $1 0.1 Standard Plus 3,614 0.64 4 4-1
- 12 Duarte Circle 7/27/2015 $1 0.1 Standard Plus 2,558 0.78 4 2-0
- 13 Duarte Circle 12/2/2002 $1 0.1 Cape Cod 1,801 0.62 3 2-1
- 1 Old Dunhams Corner Way 9/24/1999 $1 0.1 Colonial 3,486 0.95 4 3-0
- 5 Steven-John Court 8/11/1983 $0 0.1 Vacant Land 0.58 -
- 17 Suttons Way 5/11/2009 $470,000 0.1 Ranch 1,296 0.5 2 1-0
- 15 Vickers Street 4/23/2021 $1,200,000 0.1 Standard Plus 1,532 0.52 4 2-0
- 18 Vickers Street 12/1/2014 $585,000 0.1 Cape Cod 1,344 0.5 3 2-0
- 207 Meetinghouse Way 10/18/1983 $0 0.1 Standard Basic 1,536 0.58 2 2-0
Averages 6070 days $524,283 0.08 --- 1,727 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 18 8 Gerts Way