5 Pauls Lane, Edgartown, MA 02539

Owner Information
Owner 1
Veronica Lundgren & Barry
Owner 2
Owner's Address
P O Box 3327 Edgartown, MA 02539
Market Sale Information
Most recent sale date
11/14/2012
Previous sale date
12/2/2010
Transfer document #
1297-0712
Previous transfer document
1228-1088
Grantor
Veronica Lundgren
Previous grantor
Barry Lundgren
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
36-97-114
Lot Size
0.73
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1997
Number of full baths
3
Condition
Number of half baths
0
Finished Area
3036
Number of Kitchen
Gross Living Area
5754
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
$604,700.00
Total value
$1,871,800.00
Building value
$1,267,100.00
Estimated tax
$4,716.00
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 5 Pauls Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1997 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 5754 Heating Fuel Oil Detached Garage Lot Size 0.73 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,267,100.00 AEM Value - Land $604,700.00 AEM Value - Other $0.00 AEM Value - Total $1,871,800.00
A) 10 Gerts Way 0.4 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) 7 Katama Drive 0.5 2/9/2024 $4,465,000 3,116 2 $1432.93 Standard Plus 2008 3 3 1 6904 Gas 0.46 Asph/F Gls/Cmp $2,079,300 $737,200 $0 $2,816,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Pauls Lane 11/14/2012 $1 0 Colonial 3,036 0.73 4 3-0 -
  Criteria
A 10 Gerts Way 6/14/2024 $2,315,000 0.4 Colonial 2,404 0.5 4 2-1
B 7 Katama Drive 2/9/2024 $4,465,000 0.5 Standard Plus 3,116 0.46 3 3-1
Averages 85 days $3,390,000 0.46 --- 2,760 0.48 --- ---  

Estimation of Market Value - $3,272,212

As of today, 07/05/2024, the estimated market value of 5 Pauls Lane, Edgartown considering the above 2 comparable properties is $3,272,212.

 

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
@ 5 Pauls Lane 11/14/2012 $1 0 Colonial 3,036 0.73 4 3-0 -
  Criteria
A 3 Pauls Lane 6/16/1999 $765,000 0.0 Vacant Land 0.59 -
B 1 Pauls Lane 6/3/1996 $85,000 0.0 Cape Cod 2,844 0.78 5 3-0
C 44 Mercier Way 9/30/1998 $270,000 0.0 Custom 3,280 0.78 4 4-0
D 81 Herring Creek Road 6/16/1999 $765,000 0.0 Standard Plus 3,576 4.13 4 3-0
E 40 Mercier Way 4/13/1984 $27,000 0.1 Vacant Land 0.5 -
F 41 Mercier Way 12/31/2021 $1 0.1 Colonial 2,910 0.74 5 4-1
G 78 Herring Creek Road 3/7/2017 $1 0.1 Vacant Land 0.5 -
H 2 Pradas Way 9/30/2021 $1,655,000 0.1 Standard Plus 1,839 0.5 3 2-0
I 69 Herring Creek Road 12/16/1998 $1 0.1 Cape Cod 1,482 0.35 3 2-0
J 35 Mercier Way 2/22/2008 $1 0.1 Standard Plus 2,162 0.49 4 1-1
K 36 Mercier Way 3/30/2016 $1 0.1 Colonial 2,016 0.5 3 2-0
L 40 Knoll Drive 5/13/2022 $10 0.1 Custom 2,106 0.36 5 4-0
M 245 Meetinghouse Way 11/28/1994 $76,500 0.1 Cape Cod 1,932 0.89 3 1-1
N 93 Herring Creek Road-Lot 13 6/27/1986 $1,400,000 0.1 Vacant Land 28.52 -
O 70 Herring Creek Road 2/28/2007 $605,000 0.1 Ranch 1,135 0.56 3 1-0
P 36 Knoll Drive 9/26/2013 $1,245,000 0.1 Cape Cod 2,329 0.36 5 3-0
Q 1 Kotemy Circle 12/11/2009 $955,000 0.1 Colonial 2,004 0.65 4 3-0
R 3 Kotemy Circle 12/17/2018 $1 0.1 Colonial 2,095 0.66 3 2-0
S 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
T 6 Pradas Way 5/23/2005 $1 0.1 Ranch 1,468 0.53 3 2-0
U 3 Pradas Way 11/7/2012 $1 0.1 Cape Cod 3,232 0.52 3 2-0
V 248 Meetinghouse Way 6/24/2005 $1,300,000 0.1 Colonial 2,240 1.5 4 3-0
W 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
X 65 Herring Creek Road 6/29/2012 $350,000 0.1 Standard Plus 2,366 0.4 4 3-0
Y 5 Pradas Way 11/9/2011 $1 0.1 Cape Cod 1,512 0.51 3 2-0
Z 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
- 30 Mercier Way 4/4/1996 $1 0.1 Cape Cod 3,231 0.5 4 3-0
- 37 Knoll Drive 9/17/2015 $725,000 0.1 Ranch 1,232 0.38 3 1-1
Averages 6587 days $368,876 0.09 --- 1,852 1.68 --- ---  
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 97 114 5 Pauls Lane