15 Mercier Way, Edgartown, MA 02539

Owner Information
Owner 1
David Johna Paolino & Nicholas
Owner 2
Owner's Address
12 West 72 St Apt # 19G New York, NY 10023
Market Sale Information
Most recent sale date
4/29/2015
Previous sale date
7/19/2011
Transfer document #
0075-0243
Previous transfer document
0071-0077
Grantor
David A Paolino
Previous grantor
Steven J Sack
Most recent sale price
$1.00
Previous sale price
$507,500.00
Site Information
Property ID
36-74
Lot Size
0.25
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1987
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1495
Number of Kitchen
Gross Living Area
2486
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$543,500.00
Total value
$1,246,800.00
Building value
$703,300.00
Estimated tax
$3,304.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
15 Mercier Way8 Massasoit Road18 Katama Drive25 Down Harbor Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 15 Mercier Way A) 8 Massasoit RoadB) 25 Down Harbor RoadC) 18 Katama Drive
Photo
Plan
Map
Proximity 0.30.40.6
Last Sold 5/23/20251/27/20255/19/2025
Price $1,790,000$5,500,000$1,850,000
Net Living Area 1,6741,7281,428
Stories 1.7522
Sale Price/sft $0.00$1069.30$3182.87$1295.52
Style Cape CodCape CodStandard PlusStandard Plus
Age 1987197619721982
Rooms
Bedrooms 3343
Full baths 2222
Half baths 0001
Gross Living Area 2486388729462144
Heating Fuel ElectricOilOilElectric
Detached Garage
Lot Size 0.250.141.10.5
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $703,300.00$643,500$836,500$690,400
AEM Value - Land $543,500.00$684,700$1,572,700$729,500
AEM Value - Other $0.00$0$0$0
AEM Value - Total $1,246,800.00$1,328,200$2,409,200$1,419,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Mercier Way 4/29/2015 $1 0 Cape Cod 1,495 0.25 3 2-0 -
  Criteria
A 8 Massasoit Road 5/23/2025 $1,790,000 0.3 Cape Cod 1,674 0.14 3 2-0
B 25 Down Harbor Road 1/27/2025 $5,500,000 0.4 Standard Plus 1,728 1.1 4 2-0
C 18 Katama Drive 5/19/2025 $1,850,000 0.6 Standard Plus 1,428 0.5 3 2-1
Averages 99 days $3,046,667 0.39 --- 1,610 0.58 --- ---  

Estimation of Market Value - $2,519,341

As of today, 07/20/2025, the estimated market value of 15 Mercier Way, Edgartown considering the above 3 comparable properties is $2,519,341.

 

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 Copy to Clipboard
Subject Property19 Mercier Way9 Marthas Way21 Mercier Way7 Marthas Way3 Marthas Way15 Marthas Way15 Mercier Way1 Marthas Way11 Marthas Way15 Knoll Drive18 Metells Way9 Knoll Drive14 Metells Way7 Knoll Drive5 Knoll Drive14 Knoll Drive25 Mercier Way11 Knoll Drive20 Metells Way21 Knoll Drive17 Knoll Drive12 Metells Way10 Metells Way29 Knoll Drive16 Knoll Drive22 Knoll Drive26 Knoll Drive$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Mercier Way 4/29/2015 $1 0 Cape Cod 1,495 0.25 3 2-0 -
  Criteria
A 19 Mercier Way 10/3/2008 $1 0.0 Vacant Land 0.25 -
B 16 Knoll Drive 5/9/2013 $580,000 0.0 Standard Plus 2,688 0.36 4 3-0
C 14 Knoll Drive 2/18/2014 $1 0.0 Cape Cod 2,126 0.43 2 2-0
D 16 Mercier Way 3/25/2020 $1,400,000 0.0 Cape Cod 2,580 0.49 3 2-1
E 11 Mercier Way 8/20/1980 $13,500 0.0 Cape Cod 1,666 0.37 3 2-0
F 18 Mercier Way 8/30/2018 $800,000 0.0 Ranch 896 0.25 2 1-0
G 22 Knoll Drive 12/10/2020 $1 0.0 Cape Cod 4,273 0.72 4 3-1
H 20 Mercier Way 7/18/2008 $1 0.0 Cape Cod 1,826 0.25 3 1-0
I 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
J 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
K 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
L 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
M 9 Marthas Way 3/26/2025 $1,300,000 0.1 Vacant Land 0.52 -
N 15 Marthas Way 8/20/2019 $1 0.1 Colonial 915 0.52 1 1-0
O 15 Knoll Drive 8/11/2022 $1 0.1 Colonial 1,443 0.68 2 1-1
P 17 Knoll Drive 8/21/2003 $1 0.1 Cape Cod 3,363 0.65 4 3-1
Q 11 Knoll Drive 9/3/1976 $0 0.1 Colonial 3,477 0.7 5 3-0
R 21 Mercier Way 2/9/1998 $1 0.1 Camp 256 0.74 1-0
S 21 Knoll Drive 4/18/2000 $1 0.1 Colonial 0.63 4 4-0
T 7 Marthas Way 3/3/2025 $1,300,000 0.1 Standard Basic 912 0.52 2 1-0
U 7 Mercier Way 11/28/2011 $1 0.1 Standard Plus 1,496 0.25 3 2-0
V 22 Mercier Way 1/4/1984 $92,000 0.1 Ranch 2,384 0.83 4 4-0
W 9 Knoll Drive 8/11/2016 $1 0.1 Ranch 1,008 0.36 2 1-0
X 26 Knoll Drive 7/28/2011 $1,696,000 0.1 Custom 3,953 0.72 4 4-1
Y 8 Mercier Way 4/3/2017 $1 0.1 Ranch 1,280 0.49 2 1-0
Z 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
- 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
- 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
- 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
- 1 Mercier Lane 11/10/1997 $154,000 0.1 Standard Basic 576 1.2 2 1-1
- 3 Marthas Way 12/18/1979 $0 0.1 Ranch 1,248 0.52 3 2-0
- 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
- 12 Metells Way 4/15/2022 $1 0.1 Cape Cod 2,396 0.68 2 3-0
- 5 Mercier Way 9/1/1978 $0 0.1 Colonial 2,193 0.25 4 3-0
- 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
- 18 Metells Way 7/17/2015 $895,000 0.1 Cape Cod 1,594 0.59 3 2-1
- 14 Metells Way 5/20/2019 $1,200,000 0.1 Ranch 1,692 0.64 3 1-0
- 3 Mercier Lane 9/8/1999 $465,000 0.1 Cape Cod 2,006 0.67 4 2-0
- 20 Metells Way 9/20/2024 $4,525,000 0.1 Cape Cod 1,757 0.63 4 2-0
- 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
- 10 Metells Way 9/25/2015 $1,150,000 0.1 Cape Cod 2,081 0.69 3 2-1
- 256 Katama Road 7/2/2020 $1 0.1 Custom 1,356 0.6 3 2-0
- 4 Knoll Drive 10/11/2006 $1 0.1 Colonial 2,128 0.36 3 2-0
- 29 Knoll Drive 4/30/2010 $1,450,000 0.1 Custom 2,876 0.81 4 2-1
- 5 Knoll Drive 4/16/2014 $1 0.1 Cape Cod 2,604 0.51 4 2-0
- 4 Mercier Way 10/24/2017 $1 0.1 Cape Cod 2,180 0.51 3 2-0
- 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
- 1 Marthas Way 10/8/2015 $560,000 0.1 Ranch 1,482 0.53 3 2-0
Averages 5967 days $527,017 0.08 --- 1,732 0.55 --- ---  
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 74 15 Mercier Way