6 Milikin Way, Edgartown, MA 02539

6 Milikin Way Edgartown MA 02539
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Owner Information
Owner 1
L & M Katama LLC
Owner 2
Owner's Address
C/O Lisa Lipkin, 321 West 24Th St Apt 5E New York, NY 10011
Market Sale Information
Most recent sale date
8/20/2020
Previous sale date
11/16/2007
Transfer document #
1539-690
Previous transfer document
1136-0021
Grantor
Michael Lipkin
Previous grantor
Michael Lipkin
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
36-341
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
3
Year Built
2020
Number of full baths
2
Condition
Number of half baths
Finished Area
1356
Number of Kitchen
Gross Living Area
3072
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air-no Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$824,400.00
Total value
$1,455,400.00
Building value
$631,000.00
Estimated tax
$3,711.00
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 6 Milikin Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 2020 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 3072 Heating Fuel Electric Detached Garage Lot Size 0.49 Roof Cover Asph/F Gls/Cmp AEM Value - Building $631,000.00 AEM Value - Land $824,400.00 AEM Value - Other $0.00 AEM Value - Total $1,455,400.00
A) 34 Knoll Drive 0.4 8/13/2024 $1,625,000 1,279 1 $1270.52 Cape Cod 1971 3 1 0 3512 Electric 0.36 Asph/F Gls/Cmp $495,000 $812,100 $2,200 $1,309,300
B) 11 Deacon Vincent Way 0.6 8/12/2024 $1,675,000 1,250 2 $1340.00 Colonial 1986 4 1 1 2937 Electric 0.5 Asph/F Gls/Cmp $394,200 $888,500 $700 $1,283,400
C) 15 Deacon Vincent Way 0.6 9/11/2024 $1,785,000 1,456 2 $1225.96 Colonial 1983 3 1 1 2844 Electric 0.55 Asph/F Gls/Cmp $429,000 $893,300 $2,000 $1,324,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 Milikin Way 8/20/2020 $1 0 Cape Cod 1,356 0.49 3 2- -
  Criteria
A 34 Knoll Drive 8/13/2024 $1,625,000 0.4 Cape Cod 1,279 0.36 3 1-0
B 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.6 Colonial 1,250 0.5 4 1-1
C 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.6 Colonial 1,456 0.55 3 1-1
Averages 37 days $1,695,000 0.50 --- 1,328 0.47 --- ---  

Estimation of Market Value - $1,809,843

As of today, 09/28/2024, the estimated market value of 6 Milikin Way, Edgartown considering the above 3 comparable properties is $1,809,843.

 

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
@ 6 Milikin Way 8/20/2020 $1 0 Cape Cod 1,356 0.49 3 2- -
  Criteria
A 9 Massasoit Road 10/15/2014 $1 0.0 Cape Cod 1,428 0.14 3 1-1
B 7 Massasoit Road 10/13/2021 $1,500,000 0.0 Cape Cod 1,288 0.14 3 2-0
C 13 Massasoit Road 12/19/2017 $1 0.0 Cape Cod 1,638 0.14 3 2-1
D 4 Down Harbor Road 7/5/1996 $349,000 0.0 Standard Plus 1,400 0.69 3 2-0
E 17 Massasoit Road 6/16/2008 $1 0.0 Cape Cod 1,448 0.16 3 2-0
F 12 Massasoit Road 3/27/2003 $1 0.0 Raised Ranch 1,092 0.14 4 2-0
G 8 Down Harbor Road 10/27/1993 $1 0.0 Standard Plus 1,716 0.69 4 2-0
H 2 Down Harbor Road 10/26/2004 $1,100,000 0.0 Custom 0.77 5 4-1
I 8 Massasoit Road 6/9/2022 $1,300,000 0.0 Cape Cod 1,674 0.14 3 2-0
J 16 Massasoit Road 8/15/2008 $520,000 0.0 Raised Ranch 1,260 0.14 3 2-0
K 269 Katama Road 3/21/2003 $1 0.0 Cape Cod 1,296 0.14 3 1-0
L 4 Massasoit Road 5/8/1986 $150,000 0.0 Cape Cod 1,428 0.14 3 2-0
M 19 Massasoit Road 9/15/1976 $0 0.0 Raised Ranch 1,280 0.17 5 4-0
N 20 Massasoit Road 7/24/2006 $1 0.1 Cape Cod 1,791 0.14 3 2-0
O 271 Katama Road 8/8/1995 $1 0.1 Cape Cod 1,296 0.14 3 1-0
P 10 Case Road 6/8/2015 $1 0.1 Custom 2,823 0.87 5 3-0
Q 10 Down Harbor Road 8/29/2013 $1,220,000 0.1 Custom 0.69 5 6-1
R 22 Smiths Way 9/1/2017 $655,000 0.1 Standard Basic 2,138 0.39 5 2-2
S 3 Down Harbor Road 9/18/1996 $1 0.1 Cape Cod 2,727 1 4 2-1
T 275 Katama Road 11/13/2012 $1 0.1 Cape Cod 1,638 0.39 3 2-0
U 9 Down Harbor Road 11/30/2007 $1,130,000 0.1 Cape Cod 2,696 1 4 3-1
V 14 Down Harbor Road 5/28/2013 $1 0.1 Cape Cod 0.69 4 3-0
W 257 Katama Road 11/4/2022 $1 0.1 Colonial 2,107 0.69 4 2-0
X 24 Smiths Way 3/22/2012 $243,333 0.1 Cape Cod 2,448 0.78 4 3-0
Y 260 Katama Road 2/3/2016 $1 0.1 Vacant Land 0.67 -
Z 1 Bankers Way 10/10/1980 $79,500 0.1 Cape Cod 1,820 0.46 3 2-0
- 1 Somerset Lane 1/4/1991 $1 0.1 Outbuildings 0.5 -
- 3 Kent Harbor Road 8/19/2003 $1 0.1 Cape Cod 1,645 0.9 3 2-1
- 16 Down Harbor Road 9/18/2006 $1,070,000 0.1 Custom 0.69 5 5-1
- 3 Bankers Way 4/10/1995 $1 0.1 Ranch 1,860 0.47 4 2-0
- 8 Puwal Lane 12/21/2017 $849,000 0.1 Standard Plus 4,838 0.53 3 3-1
- 253 Katama Road 12/27/2017 $767,125 0.1 Custom 4,430 0.69 5 4-1
- 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
- 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
Averages 6449 days $473,029 0.07 --- 1,573 0.5 --- ---  
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
36 341 6 Milikin Way