3 Pradas Way, Edgartown, MA 02539

3 Pradas Way Edgartown MA 02539
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Owner Information
Owner 1
Nick J Mulchin
Owner 2
Owner's Address
12001 Wildwood Rd Mansfield, AR 72944
Market Sale Information
Most recent sale date
11/7/2012
Previous sale date
8/10/1989
Transfer document #
0072-0237
Previous transfer document
0041-0031
Grantor
Nick John Mulchin
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
36-181
Lot Size
0.52
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1976
Number of full baths
2
Condition
Number of half baths
0
Finished Area
3232
Number of Kitchen
Gross Living Area
4456
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
Aluminum Sidng
Assessment Information
Fiscal Year
2023
Land Value
$742,400.00
Total value
$1,830,600.00
Building value
$1,088,200.00
Estimated tax
$4,613.00
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 3 Pradas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1976 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4456 Heating Fuel Electric Detached Garage Lot Size 0.52 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,088,200.00 AEM Value - Land $742,400.00 AEM Value - Other $0.00 AEM Value - Total $1,830,600.00
A) 7 Katama Drive 0.6 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
B) 109 School Street 1.0 4/9/2024 $3,800,000 3,193 1.75 $1190.10 Custom 1900 6 4 0 4453 Oil 0.17 Asph/F Gls/Cmp $1,594,800 $1,024,500 $0 $2,619,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Pradas Way 11/7/2012 $1 0 Cape Cod 3,232 0.52 3 2-0 -
  Criteria
A 7 Katama Drive 2/9/2024 $4,465,000 0.6 Standard Plus 3,116 0.46 3 3-1
B 109 School Street 4/9/2024 $3,800,000 1.0 Custom 3,193 0.17 6 4-0
Averages 118 days $4,132,500 0.80 --- 3,155 0.32 --- ---  

Estimation of Market Value - $3,508,705

As of today, 07/05/2024, the estimated market value of 3 Pradas Way, Edgartown considering the above 2 comparable properties is $3,508,705.

 

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
@ 3 Pradas Way 11/7/2012 $1 0 Cape Cod 3,232 0.52 3 2-0 -
  Criteria
A 5 Pradas Way 11/9/2011 $1 0.0 Cape Cod 1,512 0.51 3 2-0
B 70 Herring Creek Road 2/28/2007 $605,000 0.0 Ranch 1,135 0.56 3 1-0
C 7 Pradas Way 6/16/2003 $1 0.0 Ranch 1,176 0.53 3 1-0
D 2 Pradas Way 9/30/2021 $1,655,000 0.0 Standard Plus 1,839 0.5 3 2-0
E 66 Herring Creek Road 11/17/2009 $650,000 0.0 Cape Cod 1,696 0.5 3 2-0
F 19 Brushy Lane 5/25/2007 $645,000 0.0 Cape Cod 1,312 0.51 4 2-0
G 6 Pradas Way 5/23/2005 $1 0.0 Ranch 1,468 0.53 3 2-0
H 69 Herring Creek Road 12/16/1998 $1 0.0 Cape Cod 1,482 0.35 3 2-0
I 17 Brushy Lane 12/22/2014 $637,000 0.0 Ranch 2,002 0.5 4 3-1
J 9 Pradas Way 1/30/2020 $2,295,000 0.1 Custom 2,979 0.5 4 3-1
K 41 Mercier Way 12/31/2021 $1 0.1 Colonial 2,910 0.74 5 4-1
L 65 Herring Creek Road 6/29/2012 $350,000 0.1 Standard Plus 2,366 0.4 4 3-0
M 15 Brushy Lane 11/21/1997 $250,000 0.1 Colonial 2,608 0.5 4 2-0
N 78 Herring Creek Road 3/7/2017 $1 0.1 Vacant Land 0.5 -
O 1 Kotemy Circle 12/11/2009 $955,000 0.1 Colonial 2,004 0.65 4 3-0
P 40 Knoll Drive 5/13/2022 $10 0.1 Custom 2,106 0.36 5 4-0
Q 21 Brushy Lane 11/8/2023 $1,950,000 0.1 Cape Cod 1,668 0.51 4 2-1
R 62 Herring Creek Road 8/15/1986 $150,000 0.1 Cape Cod 1,443 0.51 3 2-0
S 44 Mercier Way 9/30/1998 $270,000 0.1 Custom 3,280 0.78 4 4-0
T 11 Pradas Way 11/1/2021 $1 0.1 Cape Cod 1,638 0.5 3 2-0
U 18 Brushy Lane 11/29/1985 $116,500 0.1 Cape Cod 1,310 0.5 3 2-0
V 3 Kotemy Circle 12/17/2018 $1 0.1 Colonial 2,095 0.66 3 2-0
W 63 Herring Creek Road 4/30/2020 $1,578,750 0.1 Custom 0.3 5 3-0
X 12 Pradas Way 10/9/2020 $1 0.1 Cape Cod 2,352 0.56 3 2-0
Y 13 Brushy Lane 1/7/2020 $1,805,000 0.1 Cape Cod 2,368 0.5 4 2-1
Z 36 Knoll Drive 9/26/2013 $1,245,000 0.1 Cape Cod 2,329 0.36 5 3-0
- 1 Pauls Lane 6/3/1996 $85,000 0.1 Cape Cod 2,844 0.78 5 3-0
- 25 Brushy Lane 5/26/2006 $739,000 0.1 Modern/Contemporary 1,750 0.5 4 2-0
- 10 Schoolhouse Road 9/22/2004 $1 0.1 Colonial 2,376 0.54 5 2-0
- 37 Knoll Drive 9/17/2015 $725,000 0.1 Ranch 1,232 0.38 3 1-1
- 245 Meetinghouse Way 11/28/1994 $76,500 0.1 Cape Cod 1,932 0.89 3 1-1
- 13 Pradas Way 11/6/1998 $1 0.1 Modern/Contemporary 1,776 0.5 4 1-0
- 14 Pradas Way 11/9/2011 $1 0.1 Standard Plus 1,842 0.52 4 2-0
- 61 Herring Creek Road 10/18/2023 $1,750,000 0.1 Vacant Land 0.32 -
- 5 Kotemy Circle 11/9/2011 $1 0.1 Vacant Land 0.57 -
- 14 Brushy Lane 6/30/2017 $1 0.1 Modern/Contemporary 1,320 0.5 3 2-0
- 35 Mercier Way 2/22/2008 $1 0.1 Standard Plus 2,162 0.49 4 1-1
- 40 Mercier Way 4/13/1984 $27,000 0.1 Vacant Land 0.5 -
- 3 Pauls Lane 6/16/1999 $765,000 0.1 Vacant Land 0.59 -
- 5 Pauls Lane 11/14/2012 $1 0.1 Colonial 3,036 0.73 4 3-0
- 8 Schoolhouse Road 11/7/2017 $1 0.1 Cape Cod 2,216 0.51 4 3-0
- 11 Brushy Lane 12/1/2022 $1,225,000 0.1 Vacant Land 0.5 -
- 60 Herring Creek Road 5/7/1986 $153,000 0.1 Cape Cod 2,272 0.5 3 2-0
- 12 Adams Way 9/22/1986 $160,000 0.1 Cape Cod 1,512 0.34 3 2-0
- 14 Schoolhouse Road 6/16/2000 $175,000 0.1 Modern/Contemporary 1,110 0.5 4 2-0
- 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
- 241 Meetinghouse Way 4/19/2018 $383,333 0.1 Cape Cod 2,657 0.56 5 3-1
- 59 Herring Creek Road 4/23/2004 $605,000 0.1 Cape Cod 1,260 0.32 3 2-1
- 15 Pradas Way 3/30/1995 $135,000 0.1 Standard Plus 1,080 0.5 2 1-0
Averages 5758 days $452,268 0.08 --- 1,648 0.51 --- ---  
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
36 181 3 Pradas Way