40 Mercier Way, Edgartown, MA 02539

40 Mercier Way Edgartown MA 02539
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Owner Information
Owner 1
Norman N Rankow
Owner 2
Owner's Address
Box 1276 Edgartown, MA 02539
Market Sale Information
Most recent sale date
4/13/1984
Previous sale date
3/1/1979
Transfer document #
00032-0071
Previous transfer document
00024-0485
Grantor
Robt T Morgan
Previous grantor
Most recent sale price
$27,000.00
Previous sale price
$0.00
Site Information
Property ID
36-96-2
Lot Size
0.5
Use Code
130 - Land, developable
Zoning
R20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
0
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
0
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2023
Land Value
$589,500.00
Total value
$589,500.00
Building value
$0.00
Estimated tax
$1,485.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 40 Mercier Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age 0 Rooms Bedrooms Full baths Half baths Gross Living Area 0 Heating Fuel Detached Garage Lot Size 0.5 Roof Cover AEM Value - Building $0.00 AEM Value - Land $589,500.00 AEM Value - Other $0.00 AEM Value - Total $589,500.00
A) 14 Mill Hill Road 0.7 5/30/2024 $4,600,000 - Vacant Land 0 0 0.71 $0 $804,600 $0 $804,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Mercier Way 4/13/1984 $27,000 0 Vacant Land 0.5 - -
  Criteria
A 14 Mill Hill Road 5/30/2024 $4,600,000 0.7 Vacant Land 0.71 -
Averages 37 days $4,600,000 0.70 --- 0.71 --- ---  

Estimation of Market Value - $3,370,246

As of today, 07/05/2024, the estimated market value of 40 Mercier Way, Edgartown considering the above 1 comparable properties is $3,370,246.

 

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
@ 40 Mercier Way 4/13/1984 $27,000 0 Vacant Land 0.5 - -
  Criteria
A 35 Mercier Way 2/22/2008 $1 0.0 Standard Plus 2,162 0.49 4 1-1
B 36 Mercier Way 3/30/2016 $1 0.0 Colonial 2,016 0.5 3 2-0
C 3 Pauls Lane 6/16/1999 $765,000 0.0 Vacant Land 0.59 -
D 41 Mercier Way 12/31/2021 $1 0.0 Colonial 2,910 0.74 5 4-1
E 44 Mercier Way 9/30/1998 $270,000 0.0 Custom 3,280 0.78 4 4-0
F 40 Knoll Drive 5/13/2022 $10 0.1 Custom 2,106 0.36 5 4-0
G 36 Knoll Drive 9/26/2013 $1,245,000 0.1 Cape Cod 2,329 0.36 5 3-0
H 5 Pauls Lane 11/14/2012 $1 0.1 Colonial 3,036 0.73 4 3-0
I 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
J 69 Herring Creek Road 12/16/1998 $1 0.1 Cape Cod 1,482 0.35 3 2-0
K 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
L 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
M 1 Pauls Lane 6/3/1996 $85,000 0.1 Cape Cod 2,844 0.78 5 3-0
N 30 Mercier Way 4/4/1996 $1 0.1 Cape Cod 3,231 0.5 4 3-0
O 65 Herring Creek Road 6/29/2012 $350,000 0.1 Standard Plus 2,366 0.4 4 3-0
P 37 Knoll Drive 9/17/2015 $725,000 0.1 Ranch 1,232 0.38 3 1-1
Q 70 Herring Creek Road 2/28/2007 $605,000 0.1 Ranch 1,135 0.56 3 1-0
R 81 Herring Creek Road 6/16/1999 $765,000 0.1 Standard Plus 3,576 4.13 4 3-0
S 32 Knoll Drive 9/27/2018 $1,900,000 0.1 Standard Plus 2,262 0.72 3 3-2
T 2 Pradas Way 9/30/2021 $1,655,000 0.1 Standard Plus 1,839 0.5 3 2-0
U 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
V 93 Herring Creek Road-Lot 13 6/27/1986 $1,400,000 0.1 Vacant Land 28.52 -
W 63 Herring Creek Road 4/30/2020 $1,578,750 0.1 Custom 0.3 5 3-0
X 78 Herring Creek Road 3/7/2017 $1 0.1 Vacant Land 0.5 -
Y 12 Adams Way 9/22/1986 $160,000 0.1 Cape Cod 1,512 0.34 3 2-0
Z 3 Pradas Way 11/7/2012 $1 0.1 Cape Cod 3,232 0.52 3 2-0
- 66 Herring Creek Road 11/17/2009 $650,000 0.1 Cape Cod 1,696 0.5 3 2-0
- 61 Herring Creek Road 10/18/2023 $1,750,000 0.1 Vacant Land 0.32 -
- 8 Adams Way 5/30/2019 $1 0.1 Cape Cod 1,638 0.34 3 2-0
- 62 Herring Creek Road 8/15/1986 $150,000 0.1 Cape Cod 1,443 0.51 3 2-0
- 3 Mercier Lane 9/8/1999 $465,000 0.1 Cape Cod 2,006 0.67 4 2-0
- 5 Pradas Way 11/9/2011 $1 0.1 Cape Cod 1,512 0.51 3 2-0
- 5 Mercier Lane 9/7/2007 $1 0.1 Standard Basic 462 0.52 2 1-0
- 22 Mercier Way 1/4/1984 $92,000 0.1 Ranch 2,384 0.83 4 4-0
Averages 6236 days $478,111 0.08 --- 1,795 1.42 --- ---  
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 96 2 40 Mercier Way