26 Pradas Way, Edgartown, MA 02539

26 Pradas Way Edgartown MA 02539
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Owner Information
Owner 1
David T Mellon & Barbara B
Owner 2
James W Mellon
Owner's Address
38 Abbey St Randolph, MA 02368
Market Sale Information
Most recent sale date
7/16/2019
Previous sale date
11/13/1973
Transfer document #
80-59
Previous transfer document
0020-0040
Grantor
David T Mellon
Previous grantor
Most recent sale price
$10.00
Previous sale price
$0.00
Site Information
Property ID
36-191
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
3
Year Built
1975
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2133
Number of Kitchen
Gross Living Area
5245
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
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
$745,700.00
Total value
$1,469,900.00
Building value
$724,200.00
Estimated tax
$3,704.00
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 26 Pradas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1975 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 5245 Heating Fuel Oil Detached Garage Lot Size 0.56 Roof Cover Asph/F Gls/Cmp AEM Value - Building $724,200.00 AEM Value - Land $745,700.00 AEM Value - Other $0.00 AEM Value - Total $1,469,900.00
A) 10 Gerts Way 0.2 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 0.4 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 26 Pradas Way 7/16/2019 $10 0 Cape Cod 2,133 0.56 3 2-0 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.2 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 0.4 Colonial 1,800 0.97 3 2-0
Averages 81 days $2,005,000 0.29 --- 2,022 0.66 --- ---  

Estimation of Market Value - $2,097,606

As of today, 07/03/2024, the estimated market value of 26 Pradas Way, Edgartown considering the above 3 comparable properties is $2,097,606.

 

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
@ 26 Pradas Way 7/16/2019 $10 0 Cape Cod 2,133 0.56 3 2-0 -
  Criteria
A 24 Pradas Way 7/1/1978 $0 0.0 Standard Plus 1,640 0.54 4 2-0
B 30 Pradas Way 7/21/2020 $1,725,000 0.0 Custom 1,920 0.57 3 2-1
C 5 Kotemy Circle 11/9/2011 $1 0.0 Vacant Land 0.57 -
D 14 Pradas Way 11/9/2011 $1 0.0 Standard Plus 1,842 0.52 4 2-0
E 32 Pradas Way 12/19/1975 $0 0.0 Cape Cod 1,565 0.59 3 1-0
F 20 Pradas Way 10/9/1979 $0 0.0 Colonial 2,048 0.57 4 2-0
G 12 Pradas Way 10/9/2020 $1 0.0 Cape Cod 2,352 0.56 3 2-0
H 25 Pradas Way 6/27/2008 $585,000 0.0 Colonial 1,540 0.5 3 2-1
I 27 Pradas Way 1/29/1979 $58,725 0.0 Modern/Contemporary 1,800 0.5 4 3-0
J 23 Pradas Way 3/1/2000 $425,000 0.1 Colonial 2,016 0.5 3 2-1
K 29 Pradas Way 6/11/2021 $1,650,000 0.1 Standard Plus 1,764 0.5 3 2-0
L 241 Meetinghouse Way 4/19/2018 $383,333 0.1 Cape Cod 2,657 0.56 5 3-1
M 235 Meetinghouse Way 5/11/2022 $1,900,000 0.1 Cape Cod 1,443 0.5 3 2-0
N 21 Pradas Way 9/1/1977 $0 0.1 Colonial 2,214 0.51 5 2-0
O 3 Kotemy Circle 12/17/2018 $1 0.1 Colonial 2,095 0.66 3 2-0
P 19 Pradas Way 6/10/2020 $1,080,000 0.1 Colonial 1,792 0.5 4 3-0
Q 1 Kotemy Circle 12/11/2009 $955,000 0.1 Colonial 2,004 0.65 4 3-0
R 13 Pradas Way 11/6/1998 $1 0.1 Modern/Contemporary 1,776 0.5 4 1-0
S 11 Pradas Way 11/1/2021 $1 0.1 Cape Cod 1,638 0.5 3 2-0
T 5 Steven-John Court 8/11/1983 $0 0.1 Vacant Land 0.58 -
U 15 Pradas Way 3/30/1995 $135,000 0.1 Standard Plus 1,080 0.5 2 1-0
V 3 Steven-John Court 5/5/1998 $1 0.1 Standard Plus 3,614 0.64 4 4-1
W 6 Pradas Way 5/23/2005 $1 0.1 Ranch 1,468 0.53 3 2-0
X 244 Meetinghouse Way 6/12/1978 $0 0.1 Ranch 1,650 1.5 3 1-1
Y 9 Pradas Way 1/30/2020 $2,295,000 0.1 Custom 2,979 0.5 4 3-1
Z 1 Meetinghouse Circle 4/25/2017 $1 0.1 Cape Cod 1,727 0.51 3 2-0
- 245 Meetinghouse Way 11/28/1994 $76,500 0.1 Cape Cod 1,932 0.89 3 1-1
- 233 Meetinghouse Way 4/7/2021 $1 0.1 Colonial 2,070 0.93 3 1-0
- 3 Meetinghouse Circle 10/7/2020 $1,450,000 0.1 Standard Plus 3,275 0.5 4 2-0
- 7 Pradas Way 6/16/2003 $1 0.1 Ranch 1,176 0.53 3 1-0
- 4 Steven-John Court 10/6/2020 $1 0.1 Standard Plus 3,289 0.52 3 3-0
- 234 Meetinghouse Way 11/1/1991 $75,000 0.1 Cape Cod 1,584 1.5 4 2-1
- 78 Herring Creek Road 3/7/2017 $1 0.1 Vacant Land 0.5 -
- 1 Steven-John Court 3/26/1999 $1 0.1 Vacant Land 0.57 -
- 5 Pradas Way 11/9/2011 $1 0.1 Cape Cod 1,512 0.51 3 2-0
- 231 Meetinghouse Way 11/1/1977 $0 0.1 Churches 0.5 2-
- 6 Meetinghouse Circle 6/18/2014 $1 0.1 Standard Plus 1,350 0.5 3 2-0
- 2 Pradas Way 9/30/2021 $1,655,000 0.1 Standard Plus 1,839 0.5 3 2-0
- 248 Meetinghouse Way 6/24/2005 $1,300,000 0.1 Colonial 2,240 1.5 4 3-0
- 14 Schoolhouse Road 6/16/2000 $175,000 0.1 Modern/Contemporary 1,110 0.5 4 2-0
- 5 Meetinghouse Circle 8/5/2009 $1 0.1 Standard Plus 2,532 0.5 4 3-0
- 25 Brushy Lane 5/26/2006 $739,000 0.1 Modern/Contemporary 1,750 0.5 4 2-0
Averages 7103 days $396,728 0.08 --- 1,721 0.62 --- ---  
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
36 191 26 Pradas Way