5 Welchs Way, Edgartown, MA 02539

5 Welchs Way Edgartown MA 02539
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Owner Information
Owner 1
Christopher T Collins
Owner 2
Owner's Address
15 Kenilworth Cir Wellesley, MA 02482
Market Sale Information
Most recent sale date
12/15/2014
Previous sale date
6/12/2002
Transfer document #
1363-1032
Previous transfer document
0887-0302
Grantor
Vineyard Preservation LLC
Previous grantor
Wendy R Harman
Most recent sale price
$1,000,000.00
Previous sale price
$690,000.00
Site Information
Property ID
36-97-3
Lot Size
0.52
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1998
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1932
Number of Kitchen
Gross Living Area
3536
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$826,900.00
Total value
$1,541,300.00
Building value
$706,600.00
Estimated tax
$3,930.00
Yard improvement value
$7,800.00
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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 5 Welchs Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $517.60 Style Colonial Age 1998 Rooms 7 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 3536 Heating Fuel Gas Detached Garage Lot Size 0.52 Roof Cover Asph/F Gls/Cmp AEM Value - Building $706,600.00 AEM Value - Land $826,900.00 AEM Value - Other $7,800.00 AEM Value - Total $1,541,300.00
A) 14 Muskoday Lane 0.0 9/16/2024 $2,300,000 2,327 1.75 $988.40 Cape Cod 1987 4 2 0 5662 Electric 0.52 Asph/F Gls/Cmp $1,126,900 $731,500 $1,500 $1,859,900
B) 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 $925,700 $729,900 $7,400 $1,663,000
C) 28 Vickers Street 0.5 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 $856,000 $571,800 $0 $1,427,800
D) 15 Deacon Vincent Way 0.6 9/11/2024 $1,785,000 1,456 2 $1225.96 Colonial 1983 3 1 1 2844 Electric 0.55 Asph/F Gls/Cmp $429,000 $893,300 $2,000 $1,324,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Welchs Way 12/15/2014 $1,000,000 0 Colonial 1,932 0.52 4 2-1 -
  Criteria
A 14 Muskoday Lane 9/16/2024 $2,300,000 0.0 Cape Cod 2,327 0.52 4 2-0
B 10 Gerts Way 6/14/2024 $2,315,000 0.5 Colonial 2,404 0.5 4 2-1
C 28 Vickers Street 5/1/2024 $1,900,000 0.5 Standard Plus 1,862 0.51 4 2-1
D 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.6 Colonial 1,456 0.55 3 1-1
Averages 72 days $2,075,000 0.39 --- 2,012 0.52 --- ---  

Estimation of Market Value - $2,015,470

As of today, 09/28/2024, the estimated market value of 5 Welchs Way, Edgartown considering the above 4 comparable properties is $2,015,470.

 

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
@ 5 Welchs Way 12/15/2014 $1,000,000 0 Colonial 1,932 0.52 4 2-1 -
  Criteria
A 6 Farmers Road 7/29/2022 $1,585,000 0.0 Vacant Land 0.55 -
B 7 Welchs Way 10/15/2020 $1,195,000 0.0 Colonial 1,632 0.52 3 2-0
C 14 Muskoday Lane 9/16/2024 $2,300,000 0.0 Cape Cod 2,327 0.52 4 2-0
D 4 Welchs Way 10/26/2006 $1,025,000 0.0 Cape Cod 2,381 0.54 3 3-0
E 2 Farmers Road 1/5/1989 $1 0.0 Cape Cod 1,152 0.56 2 1-0
F 2 Welchs Way 4/3/2000 $220,000 0.0 Cape Cod 2,058 0.54 3 2-0
G 6 Welchs Way 6/8/1994 $1 0.0 Colonial 1,496 0.54 2 1-1
H 8 Farmers Road 6/5/2019 $1 0.0 Custom 3,296 0.6 4 3-0
I 3 Lexington Avenue 8/12/2002 $1 0.1 Ranch 700 0.5 2 1-0
J 5 Lexington Avenue 6/8/1994 $1 0.1 Cape Cod 2,153 0.5 4 3-0
K 10 North Farms Road 11/15/2022 $1 0.1 Standard Plus 2,580 0.97 4 3-0
L 1 Muskoday Way 10/23/2020 $1,550,000 0.1 Cape Cod 2,194 0.5 3 2-0
M 9 North Farms Road 2/12/2009 $1 0.1 Standard Plus 3,148 1.08 4 3-0
N 11 Muskoday Lane 12/10/2009 $1 0.1 Custom 0.92 5 4-2
O 15 Muskoday Lane 8/18/2016 $1,150,000 0.1 Ranch 2,268 0.86 4 3-0
P 17 Muskoday Lane 1/6/2011 $773,000 0.1 Colonial 1,632 0.53 4 2-0
Q 2 Lexington Avenue 5/31/2023 $1,550,000 0.1 Ranch 1,519 0.5 3 1-1
R 3 Muskoday Way 3/14/2022 $1,900,000 0.1 Cape Cod 1,054 0.42 4 2-0
S 8 North Farms Road 8/5/2015 $378,932 0.1 Standard Plus 2,134 0.96 4 2-0
T 105 Herring Creek Road 12/29/2016 $1 0.1 Cape Cod 3,011 0.98 6 3-1
U 5 Waller Way 3/10/2003 $495,000 0.1 Cape Cod 1,274 0.56 2 1-1
V 101 Herring Creek Road 2/15/2018 $1,500,000 0.1 Ranch 2,152 0.62 5 3-0
W 2 Muskoday Way 11/14/2016 $1,175,000 0.1 Custom 1 6 5-2
X 107 Herring Creek Road 10/21/2020 $1 0.1 Colonial 1,852 0.5 4 2-1
Y 16 Farmers Road 3/24/2004 $1 0.1 Cape Cod 2,086 0.53 3 2-1
Z 7 North Farms Road 10/14/2014 $1 0.1 Standard Plus 3,173 0.71 4 3-1
- 109 Herring Creek Road 11/24/2015 $1,275,000 0.1 Colonial 2,750 0.5 3 3-0
- 31 Crocker Drive 2/5/2014 $1 0.1 Ranch 1,284 0.43 2 1-0
- 29 Crocker Drive 1/14/2000 $330,000 0.1 Cape Cod 1,360 0.43 3 2-0
- 35 Crocker Drive 8/11/2021 $1 0.1 Vacant Land 0.48 -
Averages 4493 days $613,398 0.08 --- 1,756 0.63 --- ---  
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 3 5 Welchs Way