1 Mercier Way, Edgartown, MA 02539

Owner Information
Owner 1
Shirley Searle
Owner 2
Shirley Searle Living Trust
Owner's Address
1 Mercier Way Edgartown, MA 02539
Market Sale Information
Most recent sale date
12/18/2013
Previous sale date
2/8/1999
Transfer document #
0074-0095
Previous transfer document
0055-0123
Grantor
Shirley Searle
Previous grantor
Shirley I Searle
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
36-86
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1968
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1788
Number of Kitchen
Gross Living Area
5032
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Quarry Tile
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$570,500.00
Total value
$1,679,300.00
Building value
$1,108,800.00
Estimated tax
$4,450.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
8 Massasoit Road18 Katama Drive1 Mercier Way$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 1 Mercier Way A) 8 Massasoit RoadB) 18 Katama Drive
Photo
Plan
Map
Proximity 0.30.6
Last Sold 5/23/20255/19/2025
Price $1,790,000$1,850,000
Net Living Area 1,6741,428
Stories 1.752
Sale Price/sft $0.00$1069.30$1295.52
Style RanchCape CodStandard Plus
Age 196819761982
Rooms
Bedrooms 333
Full baths 222
Half baths 001
Gross Living Area 503238872144
Heating Fuel OilOilElectric
Detached Garage
Lot Size 0.490.140.5
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,108,800.00$643,500$690,400
AEM Value - Land $570,500.00$684,700$729,500
AEM Value - Other $0.00$0$0
AEM Value - Total $1,679,300.00$1,328,200$1,419,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Mercier Way 12/18/2013 $1 0 Ranch 1,788 0.49 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 18 Katama Drive 5/19/2025 $1,850,000 0.6 Standard Plus 1,428 0.5 3 2-1
Averages 84 days $1,820,000 0.44 --- 1,551 0.32 --- ---  

Estimation of Market Value - $2,161,212

As of today, 08/13/2025, the estimated market value of 1 Mercier Way, Edgartown considering the above 2 comparable properties is $2,161,212.

 

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 Property9 Marthas Way7 Marthas Way3 Marthas Way7 Mercier Way1 Marthas Way11 Mercier Way4 Knoll Drive6 Knoll Drive9 Knoll Drive1 Mercier Way5 Mercier Way7 Knoll Drive12 Knoll Drive5 Knoll Drive14 Knoll Drive11 Knoll Drive6 Kent Harbor Road1 Knoll Drive10 Kent Harbor Road4 Metells Way1 Guernsey Lane12 Kent Harbor Road232 Katama Road19 Witchwood Lane243 Katama Road253 Katama Road27 Witchwood Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000$10,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Mercier Way 12/18/2013 $1 0 Ranch 1,788 0.49 3 2-0 -
  Criteria
A 2 Knoll Drive 3/25/2011 $750,000 0.0 Cape Cod 0.35 3 3-1
B 4 Knoll Drive 10/11/2006 $1 0.0 Colonial 2,128 0.36 3 2-0
C 4 Mercier Way 10/24/2017 $1 0.0 Cape Cod 2,180 0.51 3 2-0
D 5 Mercier Way 9/1/1978 $0 0.0 Colonial 2,193 0.25 4 3-0
E 6 Knoll Drive 3/1/1978 $0 0.0 Ranch 1,432 0.72 4 2-0
F 1 Knoll Drive 9/19/2016 $1,849,000 0.1 Custom 1,930 0.51 4 2-0
G 7 Mercier Way 11/28/2011 $1 0.1 Standard Plus 1,496 0.25 3 2-0
H 1 Marthas Way 10/8/2015 $560,000 0.1 Ranch 1,482 0.53 3 2-0
I 243 Katama Road 4/27/2021 $6,000,000 0.1 Custom 4,373 1.53 6 6-2
J 5 Knoll Drive 4/16/2014 $1 0.1 Cape Cod 2,604 0.51 4 2-0
K 8 Mercier Way 4/3/2017 $1 0.1 Ranch 1,280 0.49 2 1-0
L 1 Guernsey Lane 12/4/2009 $1 0.1 Colonial 3,974 1.8 8 4-0
M 3 Marthas Way 12/18/1979 $0 0.1 Ranch 1,248 0.52 3 2-0
N 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
O 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
P 12 Kent Harbor Road 10/18/2013 $1 0.1 Standard Plus 2,776 1.1 4 2-0
Q 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
R 232 Katama Road 5/15/2012 $700,000 0.1 Ranch 880 0.59 1 1-0
S 7 Marthas Way 3/3/2025 $1,300,000 0.1 Standard Basic 912 0.52 2 1-0
T 256 Katama Road 7/2/2020 $1 0.1 Custom 1,356 0.6 3 2-0
U 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
V 10 Kent Harbor Road 5/12/1998 $273,500 0.1 Standard Plus 2,707 0.95 4 3-0
W 27 Witchwood Lane 6/15/1998 $362,000 0.1 Custom 5,984 4.88 4 3-0
X 9 Knoll Drive 8/11/2016 $1 0.1 Ranch 1,008 0.36 2 1-0
Y 253 Katama Road 12/27/2017 $767,125 0.1 Custom 4,430 0.69 5 4-1
Z 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
- 4 Metells Way 11/4/2003 $1,100,000 0.1 Custom 2,882 0.89 4 3-0
- 19 Witchwood Lane 10/25/2021 $10 0.1 Standard Plus 3,586 4.1 4 4-1
- 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
- 9 Marthas Way 3/26/2025 $1,300,000 0.1 Vacant Land 0.52 -
- 11 Knoll Drive 9/3/1976 $0 0.1 Colonial 3,477 0.7 5 3-0
- 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
- 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
Averages 6097 days $619,741 0.08 --- 2,177 0.86 --- ---  
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 86 1 Mercier Way