1 Marthas Way, Edgartown, MA 02539

1 Marthas Way Edgartown MA 02539
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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
10/8/2015
Previous sale date
5/14/2009
Transfer document #
1387-0927
Previous transfer document
1179-0123
Grantor
Alan J Fink
Previous grantor
Wayne E West
Most recent sale price
$560,000.00
Previous sale price
$1.00
Site Information
Property ID
36-371
Lot Size
0.53
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
2009
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1482
Number of Kitchen
Gross Living Area
3036
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
Gas
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$573,000.00
Total value
$1,301,300.00
Building value
$728,300.00
Estimated tax
$3,318.00
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 1 Marthas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $377.87 Style Ranch Age 2009 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3036 Heating Fuel Gas Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $728,300.00 AEM Value - Land $573,000.00 AEM Value - Other $0.00 AEM Value - Total $1,301,300.00
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 0.5 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
D) 99 South Summer Street 1.0 9/24/2024 $3,875,000 1,800 1.75 $2152.78 Cape Cod 1973 3 2 0 3834 Electric 0.31 Asph/F Gls/Cmp $720,100 $1,852,600 $3,900 $2,576,600
E) 10 High Street 1.0 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $896,900 $1,601,700 $4,400 $2,503,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Marthas Way 10/8/2015 $560,000 0 Ranch 1,482 0.53 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 0.5 Colonial 1,456 0.55 3 1-1
D 99 South Summer Street 9/24/2024 $3,875,000 1.0 Cape Cod 1,800 0.31 3 2-0
E 10 High Street 5/10/2024 $3,000,000 1.0 Custom 1,748 0.15 3 1-1
Averages 52 days $2,392,000 0.63 --- 1,507 0.37 --- ---  

Estimation of Market Value - $2,041,440

As of today, 09/28/2024, the estimated market value of 1 Marthas Way, Edgartown considering the above 5 comparable properties is $2,041,440.

 

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
@ 1 Marthas Way 10/8/2015 $560,000 0 Ranch 1,482 0.53 3 2-0 -
  Criteria
A 4 Mercier Way 10/24/2017 $1 0.0 Cape Cod 2,180 0.51 3 2-0
B 3 Marthas Way 12/18/1979 $0 0.0 Ranch 1,248 0.52 3 2-0
C 8 Mercier Way 4/3/2017 $1 0.0 Ranch 1,280 0.49 2 1-0
D 256 Katama Road 7/2/2020 $1 0.0 Custom 1,356 0.6 3 2-0
E 1 Guernsey Lane 12/4/2009 $1 0.0 Colonial 3,974 1.8 8 4-0
F 5 Mercier Way 9/1/1978 $0 0.1 Colonial 2,193 0.25 4 3-0
G 1 Mercier Way 12/18/2013 $1 0.1 Ranch 1,788 0.49 3 2-0
H 253 Katama Road 12/27/2017 $767,125 0.1 Custom 4,430 0.69 5 4-1
I 7 Marthas Way 4/11/2008 $1 0.1 Standard Basic 912 0.52 2 1-0
J 7 Mercier Way 11/28/2011 $1 0.1 Standard Plus 1,496 0.25 3 2-0
K 4 Knoll Drive 10/11/2006 $1 0.1 Colonial 2,128 0.36 3 2-0
L 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
M 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
N 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
O 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
P 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
Q 257 Katama Road 11/4/2022 $1 0.1 Colonial 2,107 0.69 4 2-0
R 2 Knoll Drive 3/25/2011 $750,000 0.1 Cape Cod 0.35 3 3-1
S 10 Kent Harbor Road 5/12/1998 $273,500 0.1 Standard Plus 2,707 0.95 4 3-0
T 9 Marthas Way 8/20/2019 $1 0.1 Vacant Land 0.52 -
U 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
V 243 Katama Road 4/27/2021 $6,000,000 0.1 Custom 4,373 1.53 6 6-2
W 12 Kent Harbor Road 10/18/2013 $1 0.1 Standard Plus 2,776 1.1 4 2-0
X 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
Y 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
Z 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
- 3 Down Harbor Road 9/18/1996 $1 0.1 Cape Cod 2,727 1 4 2-1
- 5 Knoll Drive 4/16/2014 $1 0.1 Cape Cod 2,604 0.51 4 2-0
- 260 Katama Road 2/3/2016 $1 0.1 Vacant Land 0.67 -
- 1 Knoll Drive 9/19/2016 $1,849,000 0.1 Custom 1,930 0.51 4 2-0
- 9 Down Harbor Road 11/30/2007 $1,130,000 0.1 Cape Cod 2,696 1 4 3-1
- 16 Mercier Way 3/25/2020 $1,400,000 0.1 Cape Cod 2,580 0.49 3 2-1
- 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
- 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
- 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
- 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
Averages 5662 days $540,796 0.08 --- 1,872 0.63 --- ---  
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
36 371 1 Marthas Way