16 Mercier Way, Edgartown, MA 02539

Owner Information
Owner 1
Ramamurthy Mani
Owner 2
Raji Balasubramanian
Owner's Address
84 Highland Circle Wayland, MA 01778
Market Sale Information
Most recent sale date
3/25/2020
Previous sale date
12/29/2011
Transfer document #
80-337
Previous transfer document
0071-0249
Grantor
Norma B Stanton
Previous grantor
Richard J Stanton
Most recent sale price
$1,400,000.00
Previous sale price
$1.00
Site Information
Property ID
36-91
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
0
Stories
1.75
Number of Beds
3
Year Built
1996
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2580
Number of Kitchen
Gross Living Area
6540
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
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
$570,600.00
Total value
$1,864,400.00
Building value
$1,293,800.00
Estimated tax
$4,940.00
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$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
24 Smiths Way16 Mercier Way30 Deacon Vincent Way$1,500,000$1,600,000$1,700,000$1,800,000$1,900,000$2,000,000$2,100,000$2,200,000Subject PropertyTotal Assessment ($)Total Assessment
Address 16 Mercier Way A) 24 Smiths WayB) 30 Deacon Vincent Way
Photo
Plan
Map
Proximity 0.30.5
Last Sold 7/1/20253/14/2025
Price $2,375,000$2,100,000
Net Living Area 2,4482,784
Stories 1.752
Sale Price/sft $542.64$970.18$754.31
Style Cape CodCape CodColonial
Age 199619632002
Rooms 0
Bedrooms 342
Full baths 233
Half baths 100
Gross Living Area 654051475176
Heating Fuel OilOilGas
Detached Garage
Lot Size 0.490.780.5
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,293,800.00$880,200$1,246,500
AEM Value - Land $570,600.00$839,600$888,500
AEM Value - Other $0.00$0$0
AEM Value - Total $1,864,400.00$1,719,800$2,135,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Mercier Way 3/25/2020 $1,400,000 0 Cape Cod 2,580 0.49 3 2-1 -
  Criteria
A 24 Smiths Way 7/1/2025 $2,375,000 0.3 Cape Cod 2,448 0.78 4 3-0
B 30 Deacon Vincent Way 3/14/2025 $2,100,000 0.5 Colonial 2,784 0.5 2 3-0
Averages 107 days $2,237,500 0.40 --- 2,616 0.64 --- ---  

Estimation of Market Value - $2,185,536

As of today, 08/22/2025, the estimated market value of 16 Mercier Way, Edgartown considering the above 2 comparable properties is $2,185,536.

 

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 Way260 Katama Road3 Marthas Way15 Marthas Way15 Mercier Way7 Mercier Way1 Marthas Way11 Mercier Way11 Marthas Way15 Knoll Drive9 Knoll Drive7 Knoll Drive12 Knoll Drive16 Mercier Way14 Knoll Drive25 Mercier Way11 Knoll Drive21 Knoll Drive17 Knoll Drive16 Knoll Drive22 Knoll Drive26 Knoll Drive8 Puwal Lane10 Puwal Lane$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
@ 16 Mercier Way 3/25/2020 $1,400,000 0 Cape Cod 2,580 0.49 3 2-1 -
  Criteria
A 11 Marthas Way 8/8/2022 $1 0.0 Colonial 0.52 4 2-0
B 15 Mercier Way 4/29/2015 $1 0.0 Cape Cod 1,495 0.25 3 2-0
C 18 Mercier Way 8/30/2018 $800,000 0.0 Ranch 896 0.25 2 1-0
D 9 Marthas Way 3/26/2025 $1,300,000 0.0 Vacant Land 0.52 -
E 19 Mercier Way 10/3/2008 $1 0.0 Vacant Land 0.25 -
F 11 Mercier Way 8/20/1980 $13,500 0.0 Cape Cod 1,666 0.37 3 2-0
G 12 Mercier Way 2/26/2021 $10 0.0 Cape Cod 2,268 0.49 3 2-0
H 15 Marthas Way 8/20/2019 $1 0.0 Colonial 915 0.52 1 1-0
I 14 Knoll Drive 2/18/2014 $1 0.0 Cape Cod 2,126 0.43 2 2-0
J 20 Mercier Way 7/18/2008 $1 0.0 Cape Cod 1,826 0.25 3 1-0
K 16 Knoll Drive 5/9/2013 $580,000 0.0 Standard Plus 2,688 0.36 4 3-0
L 7 Marthas Way 3/3/2025 $1,300,000 0.1 Standard Basic 912 0.52 2 1-0
M 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
N 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
O 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
P 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
Q 22 Knoll Drive 12/10/2020 $1 0.1 Cape Cod 4,273 0.72 4 3-1
R 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
S 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
T 8 Mercier Way 4/3/2017 $1 0.1 Ranch 1,280 0.49 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 3 Marthas Way 12/18/1979 $0 0.1 Ranch 1,248 0.52 3 2-0
X 21 Mercier Way 2/9/1998 $1 0.1 Camp 256 0.74 1-0
Y 1 Mercier Lane 11/10/1997 $154,000 0.1 Standard Basic 576 1.2 2 1-1
Z 15 Knoll Drive 8/11/2022 $1 0.1 Colonial 1,443 0.68 2 1-1
- 17 Knoll Drive 8/21/2003 $1 0.1 Cape Cod 3,363 0.65 4 3-1
- 11 Knoll Drive 9/3/1976 $0 0.1 Colonial 3,477 0.7 5 3-0
- 258 Katama Road 10/16/2013 $2,350,000 0.1 Ranch 744 0.85 1 1-1
- 256 Katama Road 7/2/2020 $1 0.1 Custom 1,356 0.6 3 2-0
- 5 Mercier Way 9/1/1978 $0 0.1 Colonial 2,193 0.25 4 3-0
- 10 Puwal Lane 8/23/2022 $5,600,000 0.1 Standard Plus 5,956 0.53 4 4-1
- 26 Knoll Drive 7/28/2011 $1,696,000 0.1 Custom 3,953 0.72 4 4-1
- 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
- 3 Mercier Lane 9/8/1999 $465,000 0.1 Cape Cod 2,006 0.67 4 2-0
- 21 Knoll Drive 4/18/2000 $1 0.1 Colonial 0.63 4 4-0
- 9 Knoll Drive 8/11/2016 $1 0.1 Ranch 1,008 0.36 2 1-0
- 1 Marthas Way 10/8/2015 $560,000 0.1 Ranch 1,482 0.53 3 2-0
- 4 Mercier Way 10/24/2017 $1 0.1 Cape Cod 2,180 0.51 3 2-0
- 5 Mercier Lane 9/7/2007 $1 0.1 Standard Basic 462 0.52 2 1-0
- 8 Puwal Lane 12/21/2017 $849,000 0.1 Standard Plus 4,838 0.53 3 3-1
- 260 Katama Road 2/3/2016 $1 0.1 Vacant Land 0.67 -
- 7 Knoll Drive 4/1/1999 $239,000 0.1 Cape Cod 2,386 0.63 4 2-0
- 4 Knoll Drive 10/11/2006 $1 0.1 Colonial 2,128 0.36 3 2-0
- 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
Averages 6285 days $469,463 0.08 --- 1,740 0.53 --- ---  
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 91 16 Mercier Way