245 Meetinghouse Way, Edgartown, MA 02539

245 Meetinghouse Way Edgartown MA 02539
Owner Information
Owner 1
Mitchell Garabedian & Ida
Owner 2
Owner's Address
7 Cedar Hill St Palmer, MA 01069
Market Sale Information
Most recent sale date
11/28/1994
Previous sale date
9/3/1986
Transfer document #
0645-0108
Previous transfer document
00455-0292
Grantor
Dorothy A Dore
Previous grantor
Mary M Waller
Most recent sale price
$76,500.00
Previous sale price
$1.00
Site Information
Property ID
36-17
Lot Size
0.89
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
0
Stories
1.75
Number of Beds
3
Year Built
1995
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1932
Number of Kitchen
Gross Living Area
3606
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$773,200.00
Total value
$1,528,400.00
Building value
$755,200.00
Estimated tax
$3,851.00
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 245 Meetinghouse Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $39.60 Style Cape Cod Age 1995 Rooms 0 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 3606 Heating Fuel Gas Detached Garage Lot Size 0.89 Roof Cover Asph/F Gls/Cmp AEM Value - Building $755,200.00 AEM Value - Land $773,200.00 AEM Value - Other $0.00 AEM Value - Total $1,528,400.00
A) 10 Gerts Way 0.3 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) 28 Vickers Street 0.3 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
C) 41 Road to the Plains 0.5 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
D) 6 Kent Harbor Road 0.5 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
@ 245 Meetinghouse Way 11/28/1994 $76,500 0 Cape Cod 1,932 0.89 3 1-1 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.3 Colonial 2,404 0.5 4 2-1
B 28 Vickers Street 5/1/2024 $1,900,000 0.3 Standard Plus 1,862 0.51 4 2-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.5 Colonial 1,800 0.97 3 2-0
D 6 Kent Harbor Road 2/15/2024 $2,800,000 0.5 Ranch 1,525 1 3 1-0
Averages 98 days $2,203,750 0.41 --- 1,898 0.75 --- ---  

Estimation of Market Value - $2,206,549

As of today, 07/05/2024, the estimated market value of 245 Meetinghouse Way, Edgartown considering the above 4 comparable properties is $2,206,549.

 

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
@ 245 Meetinghouse Way 11/28/1994 $76,500 0 Cape Cod 1,932 0.89 3 1-1 -
  Criteria
A 3 Kotemy Circle 12/17/2018 $1 0.0 Colonial 2,095 0.66 3 2-0
B 1 Kotemy Circle 12/11/2009 $955,000 0.0 Colonial 2,004 0.65 4 3-0
C 78 Herring Creek Road 3/7/2017 $1 0.0 Vacant Land 0.5 -
D 241 Meetinghouse Way 4/19/2018 $383,333 0.0 Cape Cod 2,657 0.56 5 3-1
E 248 Meetinghouse Way 6/24/2005 $1,300,000 0.1 Colonial 2,240 1.5 4 3-0
F 6 Pradas Way 5/23/2005 $1 0.1 Ranch 1,468 0.53 3 2-0
G 5 Kotemy Circle 11/9/2011 $1 0.1 Vacant Land 0.57 -
H 2 Pradas Way 9/30/2021 $1,655,000 0.1 Standard Plus 1,839 0.5 3 2-0
I 1 Pauls Lane 6/3/1996 $85,000 0.1 Cape Cod 2,844 0.78 5 3-0
J 244 Meetinghouse Way 6/12/1978 $0 0.1 Ranch 1,650 1.5 3 1-1
K 32 Pradas Way 12/19/1975 $0 0.1 Cape Cod 1,565 0.59 3 1-0
L 12 Pradas Way 10/9/2020 $1 0.1 Cape Cod 2,352 0.56 3 2-0
M 30 Pradas Way 7/21/2020 $1,725,000 0.1 Custom 1,920 0.57 3 2-1
N 44 Mercier Way 9/30/1998 $270,000 0.1 Custom 3,280 0.78 4 4-0
O 5 Pauls Lane 11/14/2012 $1 0.1 Colonial 3,036 0.73 4 3-0
P 90 Herring Creek Road 11/9/2018 $2,625,000 0.1 Custom 1.5 4 3-1
Q 26 Pradas Way 7/16/2019 $10 0.1 Cape Cod 2,133 0.56 3 2-0
R 5 Pradas Way 11/9/2011 $1 0.1 Cape Cod 1,512 0.51 3 2-0
S 81 Herring Creek Road 6/16/1999 $765,000 0.1 Standard Plus 3,576 4.13 4 3-0
T 14 Pradas Way 11/9/2011 $1 0.1 Standard Plus 1,842 0.52 4 2-0
U 3 Pradas Way 11/7/2012 $1 0.1 Cape Cod 3,232 0.52 3 2-0
V 7 Pradas Way 6/16/2003 $1 0.1 Ranch 1,176 0.53 3 1-0
W 3 Pauls Lane 6/16/1999 $765,000 0.1 Vacant Land 0.59 -
X 70 Herring Creek Road 2/28/2007 $605,000 0.1 Ranch 1,135 0.56 3 1-0
Y 41 Mercier Way 12/31/2021 $1 0.1 Colonial 2,910 0.74 5 4-1
Z 9 Pradas Way 1/30/2020 $2,295,000 0.1 Custom 2,979 0.5 4 3-1
- 24 Pradas Way 7/1/1978 $0 0.1 Standard Plus 1,640 0.54 4 2-0
- 69 Herring Creek Road 12/16/1998 $1 0.1 Cape Cod 1,482 0.35 3 2-0
- 11 Pradas Way 11/1/2021 $1 0.1 Cape Cod 1,638 0.5 3 2-0
- 94 Herring Creek Road 7/1/2014 $1,900,000 0.1 Custom 3,310 1.5 5 4-0
- 235 Meetinghouse Way 5/11/2022 $1,900,000 0.1 Cape Cod 1,443 0.5 3 2-0
Averages 5709 days $555,753 0.08 --- 1,902 0.81 --- ---  
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 17 245 Meetinghouse Way