2 Pradas Way, Edgartown, MA 02539

2 Pradas Way Edgartown MA 02539
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Owner Information
Owner 1
2 Pradas Way LLC
Owner 2
Owner's Address
12 Ericsson St, Suite 202 Dorchester, MA 02122
Market Sale Information
Most recent sale date
9/30/2021
Previous sale date
9/2/2011
Transfer document #
83-55
Previous transfer document
0071-0115
Grantor
Ronald R Drake
Previous grantor
Theodore J Ondrick
Most recent sale price
$1,655,000.00
Previous sale price
$365,000.00
Site Information
Property ID
36-183
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Standard Plus
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1972
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1839
Number of Kitchen
Gross Living Area
2574
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
$740,700.00
Total value
$1,447,800.00
Building value
$707,100.00
Estimated tax
$3,648.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 2 Pradas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $899.95 Style Standard Plus Age 1972 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2574 Heating Fuel Oil Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $707,100.00 AEM Value - Land $740,700.00 AEM Value - Other $0.00 AEM Value - Total $1,447,800.00
A) 28 Vickers Street 0.4 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) 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
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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Pradas Way 9/30/2021 $1,655,000 0 Standard Plus 1,839 0.5 3 2-0 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.4 Standard Plus 1,862 0.51 4 2-1
B 6 Kent Harbor Road 2/15/2024 $2,800,000 0.5 Ranch 1,525 1 3 1-0
C 41 Road to the Plains 1/24/2024 $1,800,000 0.5 Colonial 1,800 0.97 3 2-0
Averages 124 days $2,166,667 0.45 --- 1,729 0.83 --- ---  

Estimation of Market Value - $2,193,539

As of today, 07/05/2024, the estimated market value of 2 Pradas Way, Edgartown considering the above 3 comparable properties is $2,193,539.

 

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
@ 2 Pradas Way 9/30/2021 $1,655,000 0 Standard Plus 1,839 0.5 3 2-0 -
  Criteria
A 78 Herring Creek Road 3/7/2017 $1 0.0 Vacant Land 0.5 -
B 6 Pradas Way 5/23/2005 $1 0.0 Ranch 1,468 0.53 3 2-0
C 3 Pradas Way 11/7/2012 $1 0.0 Cape Cod 3,232 0.52 3 2-0
D 1 Kotemy Circle 12/11/2009 $955,000 0.0 Colonial 2,004 0.65 4 3-0
E 70 Herring Creek Road 2/28/2007 $605,000 0.0 Ranch 1,135 0.56 3 1-0
F 44 Mercier Way 9/30/1998 $270,000 0.0 Custom 3,280 0.78 4 4-0
G 5 Pradas Way 11/9/2011 $1 0.0 Cape Cod 1,512 0.51 3 2-0
H 1 Pauls Lane 6/3/1996 $85,000 0.1 Cape Cod 2,844 0.78 5 3-0
I 41 Mercier Way 12/31/2021 $1 0.1 Colonial 2,910 0.74 5 4-1
J 69 Herring Creek Road 12/16/1998 $1 0.1 Cape Cod 1,482 0.35 3 2-0
K 3 Kotemy Circle 12/17/2018 $1 0.1 Colonial 2,095 0.66 3 2-0
L 245 Meetinghouse Way 11/28/1994 $76,500 0.1 Cape Cod 1,932 0.89 3 1-1
M 7 Pradas Way 6/16/2003 $1 0.1 Ranch 1,176 0.53 3 1-0
N 5 Pauls Lane 11/14/2012 $1 0.1 Colonial 3,036 0.73 4 3-0
O 3 Pauls Lane 6/16/1999 $765,000 0.1 Vacant Land 0.59 -
P 40 Knoll Drive 5/13/2022 $10 0.1 Custom 2,106 0.36 5 4-0
Q 66 Herring Creek Road 11/17/2009 $650,000 0.1 Cape Cod 1,696 0.5 3 2-0
R 9 Pradas Way 1/30/2020 $2,295,000 0.1 Custom 2,979 0.5 4 3-1
S 12 Pradas Way 10/9/2020 $1 0.1 Cape Cod 2,352 0.56 3 2-0
T 19 Brushy Lane 5/25/2007 $645,000 0.1 Cape Cod 1,312 0.51 4 2-0
U 65 Herring Creek Road 6/29/2012 $350,000 0.1 Standard Plus 2,366 0.4 4 3-0
V 5 Kotemy Circle 11/9/2011 $1 0.1 Vacant Land 0.57 -
W 40 Mercier Way 4/13/1984 $27,000 0.1 Vacant Land 0.5 -
X 241 Meetinghouse Way 4/19/2018 $383,333 0.1 Cape Cod 2,657 0.56 5 3-1
Y 17 Brushy Lane 12/22/2014 $637,000 0.1 Ranch 2,002 0.5 4 3-1
Z 36 Knoll Drive 9/26/2013 $1,245,000 0.1 Cape Cod 2,329 0.36 5 3-0
- 11 Pradas Way 11/1/2021 $1 0.1 Cape Cod 1,638 0.5 3 2-0
- 35 Mercier Way 2/22/2008 $1 0.1 Standard Plus 2,162 0.49 4 1-1
- 81 Herring Creek Road 6/16/1999 $765,000 0.1 Standard Plus 3,576 4.13 4 3-0
- 14 Pradas Way 11/9/2011 $1 0.1 Standard Plus 1,842 0.52 4 2-0
- 21 Brushy Lane 11/8/2023 $1,950,000 0.1 Cape Cod 1,668 0.51 4 2-1
- 15 Brushy Lane 11/21/1997 $250,000 0.1 Colonial 2,608 0.5 4 2-0
- 63 Herring Creek Road 4/30/2020 $1,578,750 0.1 Custom 0.3 5 3-0
- 248 Meetinghouse Way 6/24/2005 $1,300,000 0.1 Colonial 2,240 1.5 4 3-0
- 62 Herring Creek Road 8/15/1986 $150,000 0.1 Cape Cod 1,443 0.51 3 2-0
- 37 Knoll Drive 9/17/2015 $725,000 0.1 Ranch 1,232 0.38 3 1-1
- 30 Pradas Way 7/21/2020 $1,725,000 0.1 Custom 1,920 0.57 3 2-1
- 26 Pradas Way 7/16/2019 $10 0.1 Cape Cod 2,133 0.56 3 2-0
- 13 Pradas Way 11/6/1998 $1 0.1 Modern/Contemporary 1,776 0.5 4 1-0
- 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
- 32 Pradas Way 12/19/1975 $0 0.1 Cape Cod 1,565 0.59 3 1-0
- 18 Brushy Lane 11/29/1985 $116,500 0.1 Cape Cod 1,310 0.5 3 2-0
- 36 Mercier Way 3/30/2016 $1 0.1 Colonial 2,016 0.5 3 2-0
Averages 5804 days $408,119 0.09 --- 1,821 0.64 --- ---  
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
36 183 2 Pradas Way