3 Marthas Way, Edgartown, MA 02539

Owner Information
Owner 1
Wayne E West
Owner 2
Owner's Address
P O Box 300 Edgartown,, MA 02539
Market Sale Information
Most recent sale date
12/18/1979
Previous sale date
6/1/1974
Transfer document #
00371-0023
Previous transfer document
00316-0071
Grantor
Wayne E West
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
36-370
Lot Size
0.52
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1974
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1248
Number of Kitchen
Gross Living Area
2496
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$572,400.00
Total value
$1,038,400.00
Building value
$466,000.00
Estimated tax
$2,647.00
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 3 Marthas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1974 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2496 Heating Fuel Oil Detached Garage Lot Size 0.52 Roof Cover Asph/F Gls/Cmp AEM Value - Building $466,000.00 AEM Value - Land $572,400.00 AEM Value - Other $0.00 AEM Value - Total $1,038,400.00
A) 34 Knoll Drive 0.3 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 0.4 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 0.4 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
@ 3 Marthas Way 12/18/1979 $0 0 Ranch 1,248 0.52 3 2-0 -
  Criteria
A 34 Knoll Drive 8/13/2024 $1,625,000 0.3 Cape Cod 1,279 0.36 3 1-0
B 11 Deacon Vincent Way 8/12/2024 $1,675,000 0.4 Colonial 1,250 0.5 4 1-1
C 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.4 Colonial 1,456 0.55 3 1-1
Averages 37 days $1,695,000 0.37 --- 1,328 0.47 --- ---  

Estimation of Market Value - $1,470,265

As of today, 09/28/2024, the estimated market value of 3 Marthas Way, Edgartown considering the above 3 comparable properties is $1,470,265.

 

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
@ 3 Marthas Way 12/18/1979 $0 0 Ranch 1,248 0.52 3 2-0 -
  Criteria
A 8 Mercier Way 4/3/2017 $1 0.0 Ranch 1,280 0.49 2 1-0
B 1 Marthas Way 10/8/2015 $560,000 0.0 Ranch 1,482 0.53 3 2-0
C 7 Marthas Way 4/11/2008 $1 0.0 Standard Basic 912 0.52 2 1-0
D 256 Katama Road 7/2/2020 $1 0.0 Custom 1,356 0.6 3 2-0
E 4 Mercier Way 10/24/2017 $1 0.0 Cape Cod 2,180 0.51 3 2-0
F 12 Mercier Way 2/26/2021 $10 0.0 Cape Cod 2,268 0.49 3 2-0
G 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
H 7 Mercier Way 11/28/2011 $1 0.1 Standard Plus 1,496 0.25 3 2-0
I 5 Mercier Way 9/1/1978 $0 0.1 Colonial 2,193 0.25 4 3-0
J 9 Marthas Way 8/20/2019 $1 0.1 Vacant Land 0.52 -
K 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
L 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
M 253 Katama Road 12/27/2017 $767,125 0.1 Custom 4,430 0.69 5 4-1
N 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
O 1 Mercier Way 12/18/2013 $1 0.1 Ranch 1,788 0.49 3 2-0
P 1 Guernsey Lane 12/4/2009 $1 0.1 Colonial 3,974 1.8 8 4-0
Q 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
R 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
S 4 Knoll Drive 10/11/2006 $1 0.1 Colonial 2,128 0.36 3 2-0
T 257 Katama Road 11/4/2022 $1 0.1 Colonial 2,107 0.69 4 2-0
U 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
V 16 Mercier Way 3/25/2020 $1,400,000 0.1 Cape Cod 2,580 0.49 3 2-1
W 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
X 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
Y 2 Knoll Drive 3/25/2011 $750,000 0.1 Cape Cod 0.35 3 3-1
Z 260 Katama Road 2/3/2016 $1 0.1 Vacant Land 0.67 -
- 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
- 15 Mercier Way 4/29/2015 $1 0.1 Cape Cod 1,495 0.25 3 2-0
- 3 Down Harbor Road 9/18/1996 $1 0.1 Cape Cod 2,727 1 4 2-1
- 10 Puwal Lane 8/23/2022 $5,600,000 0.1 Standard Plus 5,956 0.53 4 4-1
- 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
- 10 Kent Harbor Road 5/12/1998 $273,500 0.1 Standard Plus 2,707 0.95 4 3-0
- 5 Knoll Drive 4/16/2014 $1 0.1 Cape Cod 2,604 0.51 4 2-0
- 18 Mercier Way 8/30/2018 $800,000 0.1 Ranch 896 0.25 2 1-0
- 16 Knoll Drive 5/9/2013 $580,000 0.1 Standard Plus 2,688 0.36 4 3-0
- 15 Marthas Way 8/20/2019 $1 0.1 Colonial 915 0.52 1 1-0
- 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
- 19 Mercier Way 10/3/2008 $1 0.1 Vacant Land 0.25 -
- 243 Katama Road 4/27/2021 $6,000,000 0.1 Custom 4,373 1.53 6 6-2
- 1 Knoll Drive 9/19/2016 $1,849,000 0.1 Custom 1,930 0.51 4 2-0
- 9 Knoll Drive 8/11/2016 $1 0.1 Ranch 1,008 0.36 2 1-0
- 8 Puwal Lane 12/21/2017 $849,000 0.1 Standard Plus 4,838 0.53 3 3-1
- 9 Down Harbor Road 11/30/2007 $1,130,000 0.1 Cape Cod 2,696 1 4 3-1
- 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
- 12 Kent Harbor Road 10/18/2013 $1 0.1 Standard Plus 2,776 1.1 4 2-0
Averages 4864 days $656,632 0.08 --- 1,928 0.59 --- ---  
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
36 370 3 Marthas Way