22 Mercier Way, Edgartown, MA 02539

Owner Information
Owner 1
Donna Honig & Arthur Jr
Owner 2
Owner's Address
22 Mercier Way Edgartown, MA 02539
Market Sale Information
Most recent sale date
1/4/1984
Previous sale date
5/11/1981
Transfer document #
0409-0893
Previous transfer document
00382-0708
Grantor
Theodore H Overbaugh
Previous grantor
David L Landers
Most recent sale price
$92,000.00
Previous sale price
$82,000.00
Site Information
Property ID
36-94
Lot Size
0.83
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1974
Number of full baths
4
Condition
Number of half baths
0
Finished Area
2384
Number of Kitchen
Gross Living Area
4956
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
$611,400.00
Total value
$1,352,600.00
Building value
$741,200.00
Estimated tax
$3,408.00
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 22 Mercier Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $38.59 Style Ranch Age 1974 Rooms Bedrooms 4 Full baths 4 Half baths 0 Gross Living Area 4956 Heating Fuel Oil Detached Garage Lot Size 0.83 Roof Cover Asph/F Gls/Cmp AEM Value - Building $741,200.00 AEM Value - Land $611,400.00 AEM Value - Other $0.00 AEM Value - Total $1,352,600.00
A) 10 Gerts Way 0.5 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 0.6 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 22 Mercier Way 1/4/1984 $92,000 0 Ranch 2,384 0.83 4 4-0 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.5 Colonial 2,404 0.5 4 2-1
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
Averages 81 days $2,005,000 0.60 --- 2,022 0.66 --- ---  

Estimation of Market Value - $2,139,052

As of today, 07/03/2024, the estimated market value of 22 Mercier Way, Edgartown considering the above 3 comparable properties is $2,139,052.

 

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
@ 22 Mercier Way 1/4/1984 $92,000 0 Ranch 2,384 0.83 4 4-0 -
  Criteria
A 21 Mercier Way 2/9/1998 $1 0.0 Camp 256 0.74 1-0
B 1 Mercier Lane 11/10/1997 $154,000 0.0 Standard Basic 576 1.2 2 1-1
C 20 Mercier Way 7/18/2008 $1 0.0 Cape Cod 1,826 0.25 3 1-0
D 3 Mercier Lane 9/8/1999 $465,000 0.0 Cape Cod 2,006 0.67 4 2-0
E 25 Mercier Way 9/24/2020 $1,540,000 0.0 Cape Cod 2,481 0.32 3 3-0
F 30 Mercier Way 4/4/1996 $1 0.0 Cape Cod 3,231 0.5 4 3-0
G 26 Knoll Drive 7/28/2011 $1,696,000 0.1 Custom 3,953 0.72 4 4-1
H 15 Marthas Way 8/20/2019 $1 0.1 Colonial 915 0.52 1 1-0
I 18 Mercier Way 8/30/2018 $800,000 0.1 Ranch 896 0.25 2 1-0
J 5 Mercier Lane 9/7/2007 $1 0.1 Standard Basic 462 0.52 2 1-0
K 19 Mercier Way 10/3/2008 $1 0.1 Vacant Land 0.25 -
L 22 Knoll Drive 12/10/2020 $1 0.1 Cape Cod 4,273 0.72 4 3-1
M 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
N 32 Knoll Drive 9/27/2018 $1,900,000 0.1 Standard Plus 2,262 0.72 3 3-2
O 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
P 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
Q 15 Mercier Way 4/29/2015 $1 0.1 Cape Cod 1,495 0.25 3 2-0
R 16 Mercier Way 3/25/2020 $1,400,000 0.1 Cape Cod 2,580 0.49 3 2-1
S 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
T 36 Mercier Way 3/30/2016 $1 0.1 Colonial 2,016 0.5 3 2-0
U 16 Knoll Drive 5/9/2013 $580,000 0.1 Standard Plus 2,688 0.36 4 3-0
V 29 Knoll Drive 4/30/2010 $1,450,000 0.1 Custom 2,876 0.81 4 2-1
W 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
X 21 Knoll Drive 4/18/2000 $1 0.1 Colonial 0.63 4 4-0
Y 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
Z 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
- 9 Marthas Way 8/20/2019 $1 0.1 Vacant Land 0.52 -
- 17 Knoll Drive 8/21/2003 $1 0.1 Cape Cod 3,363 0.65 4 3-1
- 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
- 35 Mercier Way 2/22/2008 $1 0.1 Standard Plus 2,162 0.49 4 1-1
- 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
- 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
- 36 Knoll Drive 9/26/2013 $1,245,000 0.1 Cape Cod 2,329 0.36 5 3-0
- 15 Knoll Drive 8/11/2022 $1 0.1 Colonial 1,443 0.68 2 1-1
- 40 Mercier Way 4/13/1984 $27,000 0.1 Vacant Land 0.5 -
Averages 5784 days $357,872 0.08 --- 1,673 0.51 --- ---  
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 94 22 Mercier Way