4 Mercier Way, Edgartown, MA 02539

Owner Information
Owner 1
Roswell Wolff
Owner 2
Owner's Address
P O Box 1006 Edgartown, MA 02539
Market Sale Information
Most recent sale date
10/24/2017
Previous sale date
5/5/1967
Transfer document #
78-151
Previous transfer document
0015-0481
Grantor
Ethel S Wolff
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
36-88
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1977
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2180
Number of Kitchen
Gross Living Area
4930
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
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
2023
Land Value
$590,200.00
Total value
$1,383,000.00
Building value
$792,800.00
Estimated tax
$3,485.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 4 Mercier Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1977 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4930 Heating Fuel Electric Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $792,800.00 AEM Value - Land $590,200.00 AEM Value - Other $0.00 AEM Value - Total $1,383,000.00
A) 10 Gerts Way 0.7 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 0.8 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 0.8 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
D) 10 High Street 1.0 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $867,000 $1,627,100 $0 $2,494,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Mercier Way 10/24/2017 $1 0 Cape Cod 2,180 0.51 3 2-0 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.7 Colonial 2,404 0.5 4 2-1
B 28 Vickers Street 5/1/2024 $1,900,000 0.8 Standard Plus 1,862 0.51 4 2-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.8 Colonial 1,800 0.97 3 2-0
D 10 High Street 5/10/2024 $3,000,000 1.0 Custom 1,748 0.15 3 1-1
Averages 70 days $2,253,750 0.83 --- 1,954 0.53 --- ---  

Estimation of Market Value - $2,181,821

As of today, 06/29/2024, the estimated market value of 4 Mercier Way, Edgartown considering the above 4 comparable properties is $2,181,821.

 

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
  • 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
@ 4 Mercier Way 10/24/2017 $1 0 Cape Cod 2,180 0.51 3 2-0 -
  Criteria
A 1 Marthas Way 10/8/2015 $560,000 0.0 Ranch 1,482 0.53 3 2-0
B 5 Mercier Way 9/1/1978 $0 0.0 Colonial 2,193 0.25 4 3-0
C 1 Mercier Way 12/18/2013 $1 0.0 Ranch 1,788 0.49 3 2-0
D 8 Mercier Way 4/3/2017 $1 0.0 Ranch 1,280 0.49 2 1-0
E 3 Marthas Way 12/18/1979 $0 0.0 Ranch 1,248 0.52 3 2-0
F 7 Mercier Way 11/28/2011 $1 0.0 Standard Plus 1,496 0.25 3 2-0
G 4 Knoll Drive 10/11/2006 $1 0.0 Colonial 2,128 0.36 3 2-0
H 1 Guernsey Lane 12/4/2009 $1 0.1 Colonial 3,974 1.8 8 4-0
I 2 Knoll Drive 3/25/2011 $750,000 0.1 Cape Cod 0.35 3 3-1
J 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
K 256 Katama Road 7/2/2020 $1 0.1 Custom 1,356 0.6 3 2-0
L 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
M 7 Marthas Way 4/11/2008 $1 0.1 Standard Basic 912 0.52 2 1-0
N 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
O 253 Katama Road 12/27/2017 $767,125 0.1 Custom 4,430 0.69 5 4-1
P 243 Katama Road 4/27/2021 $6,000,000 0.1 Custom 4,373 1.53 6 6-2
Q 5 Knoll Drive 4/16/2014 $1 0.1 Cape Cod 2,604 0.51 4 2-0
R 1 Knoll Drive 9/19/2016 $1,849,000 0.1 Custom 1,930 0.51 4 2-0
S 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
T 10 Kent Harbor Road 5/12/1998 $273,500 0.1 Standard Plus 2,707 0.95 4 3-0
U 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
V 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
W 12 Kent Harbor Road 10/18/2013 $1 0.1 Standard Plus 2,776 1.1 4 2-0
X 9 Marthas Way 8/20/2019 $1 0.1 Vacant Land 0.52 -
Y 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
Z 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
- 257 Katama Road 11/4/2022 $1 0.1 Colonial 2,107 0.69 4 2-0
- 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
- 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
- 9 Knoll Drive 8/11/2016 $1 0.1 Ranch 1,008 0.36 2 1-0
- 16 Mercier Way 3/25/2020 $1,400,000 0.1 Cape Cod 2,580 0.49 3 2-1
- 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
- 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
- 15 Mercier Way 4/29/2015 $1 0.1 Cape Cod 1,495 0.25 3 2-0
- 232 Katama Road 5/15/2012 $700,000 0.1 Ranch 880 0.59 1 1-0
- 11 Knoll Drive 9/3/1976 $0 0.1 Colonial 3,477 0.7 5 3-0
Averages 5579 days $559,429 0.08 --- 1,866 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 88 4 Mercier Way