2 Metells Way, Edgartown, MA 02539

2 Metells Way Edgartown MA 02539
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Owner Information
Owner 1
Gerald F Westover & Coleen
Owner 2
Owner's Address
P O Box 2208 Oak Bluffs, MA 02557
Market Sale Information
Most recent sale date
3/15/1983
Previous sale date
Transfer document #
00030-0337
Previous transfer document
Grantor
Gerald F Westover
Previous grantor
Most recent sale price
$47,500.00
Previous sale price
$0.00
Site Information
Property ID
36-53-112
Lot Size
0.51
Use Code
104 - Residential, two family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
2
Year Built
1986
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3200
Number of Kitchen
Gross Living Area
4950
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
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$826,000.00
Total value
$1,683,300.00
Building value
$856,600.00
Estimated tax
$4,292.00
Yard improvement value
$700.00
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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 2 Metells Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $14.84 Style Colonial Age 1986 Rooms Bedrooms 2 Full baths 2 Half baths 1 Gross Living Area 4950 Heating Fuel Electric Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $856,600.00 AEM Value - Land $826,000.00 AEM Value - Other $700.00 AEM Value - Total $1,683,300.00
A) 40 Schoolhouse Road 0.7 7/31/2024 $700,000 3,072 2 $227.86 Colonial 2010 6 3 0 5576 Gas 0.5 Asph/F Gls/Cmp $1,147,800 $888,500 $0 $2,036,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Metells Way 3/15/1983 $47,500 0 Colonial 3,200 0.51 2 2-1 -
  Criteria
A 40 Schoolhouse Road 7/31/2024 $700,000 0.7 Colonial 3,072 0.5 6 3-0
Averages 63 days $700,000 0.66 --- 3,072 0.5 --- ---  

Estimation of Market Value - $653,910

As of today, 10/01/2024, the estimated market value of 2 Metells Way, Edgartown considering the above 1 comparable properties is $653,910.

 

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
@ 2 Metells Way 3/15/1983 $47,500 0 Colonial 3,200 0.51 2 2-1 -
  Criteria
A 222 Katama Road 5/4/1966 $0 0.0 Ranch 1,832 0.57 5 2-1
B 232 Katama Road 5/15/2012 $700,000 0.0 Ranch 880 0.59 1 1-0
C 4 Metells Way 11/4/2003 $1,100,000 0.0 Custom 2,882 0.89 4 3-0
D 5 Metells Way 3/28/2008 $1 0.0 Cape Cod 2,586 0.51 4 2-0
E 8 Metells Way 8/20/1996 $62,500 0.1 Cape Cod 1,672 0.73 3 2-1
F 220 Katama Road 5/5/2011 $1 0.1 Standard Plus 4,133 0.92 4 5-1
G 11 Witchwood Lane 6/1/2023 $3,060,000 0.1 Vacant Land 1.5 -
H 10 Metells Way 9/25/2015 $1,150,000 0.1 Cape Cod 2,081 0.69 3 2-1
I 5 Knoll Drive 4/16/2014 $1 0.1 Cape Cod 2,604 0.51 4 2-0
J 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
K 9 Metells Way 2/24/1976 $0 0.1 Ranch 1,092 0.62 3 1-0
L 1 Knoll Drive 9/19/2016 $1,849,000 0.1 Custom 1,930 0.51 4 2-0
M 19 Witchwood Lane 10/25/2021 $10 0.1 Standard Plus 3,586 4.1 4 4-1
N 9 Knoll Drive 8/11/2016 $1 0.1 Ranch 1,008 0.36 2 1-0
O 14 Metells Way 5/20/2019 $1,200,000 0.1 Ranch 1,692 0.64 3 1-0
P 10 Witchwood Lane 6/30/2014 $1,950,000 0.1 Estate 2.7 5 5-2
Q 4 Knoll Drive 10/11/2006 $1 0.1 Colonial 2,128 0.36 3 2-0
R 11 Knoll Drive 9/3/1976 $0 0.1 Colonial 3,477 0.7 5 3-0
S 2 Knoll Drive 3/25/2011 $750,000 0.1 Cape Cod 0.35 3 3-1
T 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
U 13 Metells Way 12/10/2015 $1 0.1 Custom 3,583 0.62 4 4-0
V 12 Metells Way 4/15/2022 $1 0.1 Cape Cod 2,396 0.68 2 3-0
Averages 6921 days $548,205 0.08 --- 1,972 0.9 --- ---  
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 53 112 2 Metells Way