27 Pradas Way, Edgartown, MA 02539

Owner Information
Owner 1
Albert Schwabenbauer & Susan
Owner 2
Owner's Address
22001 Natures Cove Ct Estero, FL 33928
Market Sale Information
Most recent sale date
1/29/1979
Previous sale date
9/1/1978
Transfer document #
00024-0413
Previous transfer document
00024-0059
Grantor
Forest Research Corp
Previous grantor
Most recent sale price
$58,725.00
Previous sale price
$0.00
Site Information
Property ID
36-163
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Modern/Contemporary
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1978
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1800
Number of Kitchen
Gross Living Area
2608
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl Sht Gds
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
$1,244,300.00
Building value
$503,600.00
Estimated tax
$3,135.00
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 27 Pradas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $32.63 Style Modern/Contemporary Age 1978 Rooms Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 2608 Heating Fuel Electric Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $503,600.00 AEM Value - Land $740,700.00 AEM Value - Other $0.00 AEM Value - Total $1,244,300.00
A) 28 Vickers Street 0.2 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 0.6 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
@ 27 Pradas Way 1/29/1979 $58,725 0 Modern/Contemporary 1,800 0.5 4 3-0 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.2 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 0.6 Ranch 1,525 1 3 1-0
Averages 121 days $2,166,667 0.42 --- 1,729 0.83 --- ---  

Estimation of Market Value - $2,022,742

As of today, 07/03/2024, the estimated market value of 27 Pradas Way, Edgartown considering the above 3 comparable properties is $2,022,742.

 

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
@ 27 Pradas Way 1/29/1979 $58,725 0 Modern/Contemporary 1,800 0.5 4 3-0 -
  Criteria
A 29 Pradas Way 6/11/2021 $1,650,000 0.0 Standard Plus 1,764 0.5 3 2-0
B 25 Pradas Way 6/27/2008 $585,000 0.0 Colonial 1,540 0.5 3 2-1
C 235 Meetinghouse Way 5/11/2022 $1,900,000 0.0 Cape Cod 1,443 0.5 3 2-0
D 23 Pradas Way 3/1/2000 $425,000 0.0 Colonial 2,016 0.5 3 2-1
E 3 Steven-John Court 5/5/1998 $1 0.0 Standard Plus 3,614 0.64 4 4-1
F 233 Meetinghouse Way 4/7/2021 $1 0.0 Colonial 2,070 0.93 3 1-0
G 26 Pradas Way 7/16/2019 $10 0.0 Cape Cod 2,133 0.56 3 2-0
H 30 Pradas Way 7/21/2020 $1,725,000 0.0 Custom 1,920 0.57 3 2-1
I 5 Steven-John Court 8/11/1983 $0 0.1 Vacant Land 0.58 -
J 24 Pradas Way 7/1/1978 $0 0.1 Standard Plus 1,640 0.54 4 2-0
K 21 Pradas Way 9/1/1977 $0 0.1 Colonial 2,214 0.51 5 2-0
L 32 Pradas Way 12/19/1975 $0 0.1 Cape Cod 1,565 0.59 3 1-0
M 1 Steven-John Court 3/26/1999 $1 0.1 Vacant Land 0.57 -
N 231 Meetinghouse Way 11/1/1977 $0 0.1 Churches 0.5 2-
O 20 Pradas Way 10/9/1979 $0 0.1 Colonial 2,048 0.57 4 2-0
P 19 Pradas Way 6/10/2020 $1,080,000 0.1 Colonial 1,792 0.5 4 3-0
Q 4 Steven-John Court 10/6/2020 $1 0.1 Standard Plus 3,289 0.52 3 3-0
R 5 Kotemy Circle 11/9/2011 $1 0.1 Vacant Land 0.57 -
S 14 Pradas Way 11/9/2011 $1 0.1 Standard Plus 1,842 0.52 4 2-0
T 234 Meetinghouse Way 11/1/1991 $75,000 0.1 Cape Cod 1,584 1.5 4 2-1
U 241 Meetinghouse Way 4/19/2018 $383,333 0.1 Cape Cod 2,657 0.56 5 3-1
V 3 Meetinghouse Circle 10/7/2020 $1,450,000 0.1 Standard Plus 3,275 0.5 4 2-0
W 12 Pradas Way 10/9/2020 $1 0.1 Cape Cod 2,352 0.56 3 2-0
X 2 Steven-John Court 10/6/2020 $1 0.1 Vacant Land 0.54 -
Y 232 Meetinghouse Way 10/15/1999 $189,900 0.1 Cape Cod 1.5 3 1-1
Z 3 Gerts Way 11/17/2021 $10 0.1 Cape Cod 1,638 0.5 3 2-0
- 244 Meetinghouse Way 6/12/1978 $0 0.1 Ranch 1,650 1.5 3 1-1
- 1 Gerts Way 3/31/2000 $419,900 0.1 Colonial 2,288 0.65 4 2-1
- 1 Meetinghouse Circle 4/25/2017 $1 0.1 Cape Cod 1,727 0.51 3 2-0
- 5 Gerts Way 9/30/1994 $1 0.1 Cape Cod 1,495 0.51 3 2-0
- 9 Suttons Way 3/17/2022 $1,950,000 0.1 Cape Cod 2,841 1.01 5 3-0
- 230 Meetinghouse Way 9/22/2020 $1 0.1 Colonial 1.94 5 4-1
- 15 Pradas Way 3/30/1995 $135,000 0.1 Standard Plus 1,080 0.5 2 1-0
- 3 Kotemy Circle 12/17/2018 $1 0.1 Colonial 2,095 0.66 3 2-0
- 6 Meetinghouse Circle 6/18/2014 $1 0.1 Standard Plus 1,350 0.5 3 2-0
- 13 Pradas Way 11/6/1998 $1 0.1 Modern/Contemporary 1,776 0.5 4 1-0
- 7 Gerts Way 5/6/1992 $1 0.1 Vacant Land 0.5 -
Averages 7003 days $323,464 0.08 --- 1,586 0.68 --- ---  
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
36 163 27 Pradas Way