40 Knoll Drive, Edgartown, MA 02539

40 Knoll Drive Edgartown MA 02539
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Owner Information
Owner 1
Xelamax Properties LLC
Owner 2
Owner's Address
1405 S Fern St #98062 Arlington, VA 22202
Market Sale Information
Most recent sale date
5/13/2022
Previous sale date
10/18/2021
Transfer document #
0083-0339
Previous transfer document
83-89
Grantor
Brandon Dana Edward Labonte
Previous grantor
Charles F Holzwarth
Most recent sale price
$10.00
Previous sale price
$3,006,000.00
Site Information
Property ID
36-56
Lot Size
0.36
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Custom
Number of Rooms
Stories
1.75
Number of Beds
5
Year Built
1972
Number of full baths
4
Condition
Number of half baths
0
Finished Area
2106
Number of Kitchen
Gross Living Area
4872
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$818,100.00
Total value
$2,695,400.00
Building value
$1,877,300.00
Estimated tax
$6,792.00
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 40 Knoll Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Custom Age 1972 Rooms Bedrooms 5 Full baths 4 Half baths 0 Gross Living Area 4872 Heating Fuel Gas Detached Garage Lot Size 0.36 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,877,300.00 AEM Value - Land $818,100.00 AEM Value - Other $0.00 AEM Value - Total $2,695,400.00
A) 10 Gerts Way 0.4 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) 28 Vickers Street 0.5 5/1/2024 $1,900,000 1,862 2 $1020.41 Standard Plus 1989 4 2 1 4016 Oil 0.51 Asph/F Gls/Cmp $812,500 $590,200 $0 $1,402,700
C) 41 Road to the Plains 0.5 1/24/2024 $1,800,000 1,800 2 $1000.00 Colonial 1981 3 2 0 3160 Oil 0.97 Wood Shingle $535,900 $620,700 $0 $1,156,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Knoll Drive 5/13/2022 $10 0 Custom 2,106 0.36 5 4-0 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.4 Colonial 2,404 0.5 4 2-1
B 28 Vickers Street 5/1/2024 $1,900,000 0.5 Standard Plus 1,862 0.51 4 2-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.5 Colonial 1,800 0.97 3 2-0
Averages 84 days $2,005,000 0.46 --- 2,022 0.66 --- ---  

Estimation of Market Value - $2,951,359

As of today, 07/05/2024, the estimated market value of 40 Knoll Drive, Edgartown considering the above 3 comparable properties is $2,951,359.

 

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
@ 40 Knoll Drive 5/13/2022 $10 0 Custom 2,106 0.36 5 4-0 -
  Criteria
A 69 Herring Creek Road 12/16/1998 $1 0.0 Cape Cod 1,482 0.35 3 2-0
B 36 Knoll Drive 9/26/2013 $1,245,000 0.0 Cape Cod 2,329 0.36 5 3-0
C 65 Herring Creek Road 6/29/2012 $350,000 0.0 Standard Plus 2,366 0.4 4 3-0
D 41 Mercier Way 12/31/2021 $1 0.0 Colonial 2,910 0.74 5 4-1
E 35 Mercier Way 2/22/2008 $1 0.0 Standard Plus 2,162 0.49 4 1-1
F 37 Knoll Drive 9/17/2015 $725,000 0.0 Ranch 1,232 0.38 3 1-1
G 34 Knoll Drive 3/1/2016 $1 0.0 Cape Cod 1,279 0.36 3 1-0
H 70 Herring Creek Road 2/28/2007 $605,000 0.0 Ranch 1,135 0.56 3 1-0
I 63 Herring Creek Road 4/30/2020 $1,578,750 0.0 Custom 0.3 5 3-0
J 40 Mercier Way 4/13/1984 $27,000 0.1 Vacant Land 0.5 -
K 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
L 66 Herring Creek Road 11/17/2009 $650,000 0.1 Cape Cod 1,696 0.5 3 2-0
M 44 Mercier Way 9/30/1998 $270,000 0.1 Custom 3,280 0.78 4 4-0
N 12 Adams Way 9/22/1986 $160,000 0.1 Cape Cod 1,512 0.34 3 2-0
O 61 Herring Creek Road 10/18/2023 $1,750,000 0.1 Vacant Land 0.32 -
P 36 Mercier Way 3/30/2016 $1 0.1 Colonial 2,016 0.5 3 2-0
Q 62 Herring Creek Road 8/15/1986 $150,000 0.1 Cape Cod 1,443 0.51 3 2-0
R 3 Pradas Way 11/7/2012 $1 0.1 Cape Cod 3,232 0.52 3 2-0
S 3 Pauls Lane 6/16/1999 $765,000 0.1 Vacant Land 0.59 -
T 2 Pradas Way 9/30/2021 $1,655,000 0.1 Standard Plus 1,839 0.5 3 2-0
U 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
V 32 Knoll Drive 9/27/2018 $1,900,000 0.1 Standard Plus 2,262 0.72 3 3-2
W 8 Adams Way 5/30/2019 $1 0.1 Cape Cod 1,638 0.34 3 2-0
X 59 Herring Creek Road 4/23/2004 $605,000 0.1 Cape Cod 1,260 0.32 3 2-1
Y 5 Pauls Lane 11/14/2012 $1 0.1 Colonial 3,036 0.73 4 3-0
Z 17 Brushy Lane 12/22/2014 $637,000 0.1 Ranch 2,002 0.5 4 3-1
- 15 Brushy Lane 11/21/1997 $250,000 0.1 Colonial 2,608 0.5 4 2-0
- 5 Pradas Way 11/9/2011 $1 0.1 Cape Cod 1,512 0.51 3 2-0
- 1 Pauls Lane 6/3/1996 $85,000 0.1 Cape Cod 2,844 0.78 5 3-0
- 60 Herring Creek Road 5/7/1986 $153,000 0.1 Cape Cod 2,272 0.5 3 2-0
- 13 Brushy Lane 1/7/2020 $1,805,000 0.1 Cape Cod 2,368 0.5 4 2-1
- 78 Herring Creek Road 3/7/2017 $1 0.1 Vacant Land 0.5 -
- 19 Brushy Lane 5/25/2007 $645,000 0.1 Cape Cod 1,312 0.51 4 2-0
- 30 Mercier Way 4/4/1996 $1 0.1 Cape Cod 3,231 0.5 4 3-0
- 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
- 30 Metells Way 1/11/2016 $1 0.1 Custom 0.34 3 2-1
- 6 Pradas Way 5/23/2005 $1 0.1 Ranch 1,468 0.53 3 2-0
- 11 Brushy Lane 12/1/2022 $1,225,000 0.1 Vacant Land 0.5 -
- 7 Pradas Way 6/16/2003 $1 0.1 Ranch 1,176 0.53 3 1-0
- 29 Knoll Drive 4/30/2010 $1,450,000 0.1 Custom 2,876 0.81 4 2-1
- 1 Kotemy Circle 12/11/2009 $955,000 0.1 Colonial 2,004 0.65 4 3-0
- 18 Brushy Lane 11/29/1985 $116,500 0.1 Cape Cod 1,310 0.5 3 2-0
- 56 Herring Creek Road 12/3/2020 $960,000 0.1 Colonial 2,286 0.5 4 3-1
Averages 6037 days $520,053 0.08 --- 1,708 0.49 --- ---  
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 56 40 Knoll Drive