3 Adams Way, Edgartown, MA 02539

3 Adams Way Edgartown MA 02539
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Owner Information
Owner 1
Katama House LLC
Owner 2
Owner's Address
1 Heron Pointe Morris, CT 06763
Market Sale Information
Most recent sale date
10/26/2012
Previous sale date
10/26/2012
Transfer document #
0072-0209
Previous transfer document
0072-0207
Grantor
Diane C Lauretano
Previous grantor
Katama House LLC
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
36-39
Lot Size
0.9
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1985
Number of full baths
3
Condition
Number of half baths
2
Finished Area
2623
Number of Kitchen
Gross Living Area
6584
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Wood Truss
Heating type
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$868,700.00
Total value
$2,170,500.00
Building value
$1,301,800.00
Estimated tax
$5,469.00
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 3 Adams Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1985 Rooms Bedrooms 4 Full baths 3 Half baths 2 Gross Living Area 6584 Heating Fuel Electric Detached Garage Lot Size 0.9 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,301,800.00 AEM Value - Land $868,700.00 AEM Value - Other $0.00 AEM Value - Total $2,170,500.00
A) 10 Gerts Way 0.5 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) 7 Katama Drive 0.7 2/9/2024 $4,465,000 3,116 2 $1432.93 Standard Plus 2008 3 3 1 6904 Gas 0.46 Asph/F Gls/Cmp $2,079,300 $737,200 $0 $2,816,500
C) 109 School Street 0.9 4/9/2024 $3,800,000 3,193 1.75 $1190.10 Custom 1900 6 4 0 4453 Oil 0.17 Asph/F Gls/Cmp $1,594,800 $1,024,500 $0 $2,619,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Adams Way 10/26/2012 $1 0 Cape Cod 2,623 0.9 4 3-2 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.5 Colonial 2,404 0.5 4 2-1
B 7 Katama Drive 2/9/2024 $4,465,000 0.7 Standard Plus 3,116 0.46 3 3-1
C 109 School Street 4/9/2024 $3,800,000 0.9 Custom 3,193 0.17 6 4-0
Averages 83 days $3,526,667 0.67 --- 2,904 0.38 --- ---  

Estimation of Market Value - $3,203,596

As of today, 07/03/2024, the estimated market value of 3 Adams Way, Edgartown considering the above 3 comparable properties is $3,203,596.

 

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
@ 3 Adams Way 10/26/2012 $1 0 Cape Cod 2,623 0.9 4 3-2 -
  Criteria
A 29 Knoll Drive 4/30/2010 $1,450,000 0.0 Custom 2,876 0.81 4 2-1
B 20 Metells Way 8/18/2016 $917,500 0.0 Cape Cod 1,757 0.63 4 2-0
C 21 Metells Way 12/16/2010 $550,000 0.0 Cape Cod 2,331 0.36 4 3-0
D 25 Metells Way $0 0.0 Ranch 1,884 0.78 3 2-0
E 21 Knoll Drive 4/18/2000 $1 0.1 Colonial 0.63 4 4-0
F 19 Metells Way 6/25/2009 $75,000 0.1 Ranch 1,804 0.36 2 2-1
G 30 Metells Way 1/11/2016 $1 0.1 Custom 0.34 3 2-1
H 8 Adams Way 5/30/2019 $1 0.1 Cape Cod 1,638 0.34 3 2-0
I 18 Metells Way 7/17/2015 $895,000 0.1 Cape Cod 1,594 0.59 3 2-1
J 26 Knoll Drive 7/28/2011 $1,696,000 0.1 Custom 3,953 0.72 4 4-1
K 6 Adams Way 10/31/2023 $1,780,000 0.1 Cape Cod 2,525 0.67 4 2-1
L 17 Knoll Drive 8/21/2003 $1 0.1 Cape Cod 3,363 0.65 4 3-1
M 59 Herring Creek Road 4/23/2004 $605,000 0.1 Cape Cod 1,260 0.32 3 2-1
N 32 Knoll Drive 9/27/2018 $1,900,000 0.1 Standard Plus 2,262 0.72 3 3-2
O 12 Adams Way 9/22/1986 $160,000 0.1 Cape Cod 1,512 0.34 3 2-0
P 52 Herring Creek Road 8/5/1998 $1 0.1 Ranch 1,907 0.5 4 2-1
Q 56 Herring Creek Road 12/3/2020 $960,000 0.1 Colonial 2,286 0.5 4 3-1
R 12 Metells Way 4/15/2022 $1 0.1 Cape Cod 2,396 0.68 2 3-0
S 22 Knoll Drive 12/10/2020 $1 0.1 Cape Cod 4,273 0.72 4 3-1
T 2 Deacon Vincent Way 12/20/2013 $1 0.1 Cape Cod 3,103 0.51 4 3-1
U 21 Mercier Way 2/9/1998 $1 0.1 Camp 256 0.74 1-0
V 61 Herring Creek Road 10/18/2023 $1,750,000 0.1 Vacant Land 0.32 -
W 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
X 39 Herring Creek Road 5/14/2007 $2,750,000 0.1 Outbuildings 4.99 -
Y 15 Knoll Drive 8/11/2022 $1 0.1 Colonial 1,443 0.68 2 1-1
Z 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
- 37 Knoll Drive 9/17/2015 $725,000 0.1 Ranch 1,232 0.38 3 1-1
- 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
- 13 Metells Way 12/10/2015 $1 0.1 Custom 3,583 0.62 4 4-0
- 60 Herring Creek Road 5/7/1986 $153,000 0.1 Cape Cod 2,272 0.5 3 2-0
- 1 Mill Hill Farms Road 6/24/2010 $1 0.1 Standard Plus 0.51 4 4-2
- 63 Herring Creek Road 4/30/2020 $1,578,750 0.1 Custom 0.3 5 3-0
- 5 Brushy Lane 11/13/1992 $1 0.1 Ranch 960 0.5 3 1-0
- 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
- 14 Metells Way 5/20/2019 $1,200,000 0.1 Ranch 1,692 0.64 3 1-0
- 16 Knoll Drive 5/9/2013 $580,000 0.1 Standard Plus 2,688 0.36 4 3-0
- 7 Brushy Lane 5/22/1995 $210,000 0.1 Modern/Contemporary 1,859 0.5 3 2-0
- 3 Brushy Lane 1/13/1997 $190,000 0.1 Modern/Contemporary 1,516 0.5 3 2-0
- 19 Mercier Way 10/3/2008 $1 0.1 Vacant Land 0.25 -
- 36 Knoll Drive 9/26/2013 $1,245,000 0.1 Cape Cod 2,329 0.36 5 3-0
Averages 5286 days $575,382 0.09 --- 1,747 0.61 --- ---  
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 39 3 Adams Way