20 Mercier Way, Edgartown, MA 02539

20 Mercier Way Edgartown MA 02539
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Owner Information
Owner 1
Ronald R Drake & Diane G
Owner 2
Owner's Address
20 Mercier Way Edgartown, MA 02539
Market Sale Information
Most recent sale date
7/18/2008
Previous sale date
10/11/1979
Transfer document #
0068-0005
Previous transfer document
00025-0333
Grantor
Ronald R Drake
Previous grantor
Jeffery F Komenda
Most recent sale price
$1.00
Previous sale price
$55,000.00
Site Information
Property ID
36-93
Lot Size
0.25
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1970
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1826
Number of Kitchen
Gross Living Area
4364
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
2023
Land Value
$560,700.00
Total value
$1,328,400.00
Building value
$767,700.00
Estimated tax
$3,347.00
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 20 Mercier Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1970 Rooms Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area 4364 Heating Fuel Oil Detached Garage Lot Size 0.25 Roof Cover Asph/F Gls/Cmp AEM Value - Building $767,700.00 AEM Value - Land $560,700.00 AEM Value - Other $0.00 AEM Value - Total $1,328,400.00
A) 6 Kent Harbor Road 0.2 2/15/2024 $2,800,000 1,525 1 $1836.07 Ranch 1972 3 1 0 1947 Coal or Wood 1 Asph/F Gls/Cmp $459,400 $1,500,100 $0 $1,959,500
B) 28 Vickers Street 0.6 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 0.7 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
@ 20 Mercier Way 7/18/2008 $1 0 Cape Cod 1,826 0.25 3 1-0 -
  Criteria
A 6 Kent Harbor Road 2/15/2024 $2,800,000 0.2 Ranch 1,525 1 3 1-0
B 28 Vickers Street 5/1/2024 $1,900,000 0.6 Standard Plus 1,862 0.51 4 2-1
C 41 Road to the Plains 1/24/2024 $1,800,000 0.7 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 102 days $2,375,000 0.64 --- 1,734 0.66 --- ---  

Estimation of Market Value - $2,150,441

As of today, 07/01/2024, the estimated market value of 20 Mercier Way, Edgartown considering the above 4 comparable properties is $2,150,441.

 

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
@ 20 Mercier Way 7/18/2008 $1 0 Cape Cod 1,826 0.25 3 1-0 -
  Criteria
A 18 Mercier Way 8/30/2018 $800,000 0.0 Ranch 896 0.25 2 1-0
B 15 Marthas Way 8/20/2019 $1 0.0 Colonial 915 0.52 1 1-0
C 22 Mercier Way 1/4/1984 $92,000 0.0 Ranch 2,384 0.83 4 4-0
D 19 Mercier Way 10/3/2008 $1 0.0 Vacant Land 0.25 -
E 21 Mercier Way 2/9/1998 $1 0.0 Camp 256 0.74 1-0
F 16 Mercier Way 3/25/2020 $1,400,000 0.0 Cape Cod 2,580 0.49 3 2-1
G 1 Mercier Lane 11/10/1997 $154,000 0.0 Standard Basic 576 1.2 2 1-1
H 11 Marthas Way 8/8/2022 $1 0.0 Colonial 0.52 4 2-0
I 22 Knoll Drive 12/10/2020 $1 0.0 Cape Cod 4,273 0.72 4 3-1
J 15 Mercier Way 4/29/2015 $1 0.0 Cape Cod 1,495 0.25 3 2-0
K 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
L 3 Mercier Lane 9/8/1999 $465,000 0.1 Cape Cod 2,006 0.67 4 2-0
M 16 Knoll Drive 5/9/2013 $580,000 0.1 Standard Plus 2,688 0.36 4 3-0
N 26 Knoll Drive 7/28/2011 $1,696,000 0.1 Custom 3,953 0.72 4 4-1
O 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
P 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
Q 9 Marthas Way 8/20/2019 $1 0.1 Vacant Land 0.52 -
R 5 Mercier Lane 9/7/2007 $1 0.1 Standard Basic 462 0.52 2 1-0
S 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
T 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
U 30 Mercier Way 4/4/1996 $1 0.1 Cape Cod 3,231 0.5 4 3-0
V 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
W 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
X 21 Knoll Drive 4/18/2000 $1 0.1 Colonial 0.63 4 4-0
Y 17 Knoll Drive 8/21/2003 $1 0.1 Cape Cod 3,363 0.65 4 3-1
Z 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
- 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
- 7 Marthas Way 4/11/2008 $1 0.1 Standard Basic 912 0.52 2 1-0
- 32 Knoll Drive 9/27/2018 $1,900,000 0.1 Standard Plus 2,262 0.72 3 3-2
- 15 Knoll Drive 8/11/2022 $1 0.1 Colonial 1,443 0.68 2 1-1
- 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
- 29 Knoll Drive 4/30/2010 $1,450,000 0.1 Custom 2,876 0.81 4 2-1
- 8 Marthas Way 10/4/2022 $1,538,300 0.1 Cape Cod 1,939 0.51 3 2-0
- 10 Puwal Lane 8/23/2022 $5,600,000 0.1 Standard Plus 5,956 0.53 4 4-1
- 11 Knoll Drive 9/3/1976 $0 0.1 Colonial 3,477 0.7 5 3-0
- 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
- 20 Puwal Lane 9/6/2013 $1 0.1 Ranch 1,424 0.3 4 2-0
- 8 Mercier Way 4/3/2017 $1 0.1 Ranch 1,280 0.49 2 1-0
- 36 Mercier Way 3/30/2016 $1 0.1 Colonial 2,016 0.5 3 2-0
Averages 5767 days $496,996 0.08 --- 1,845 0.52 --- ---  
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 93 20 Mercier Way