3 Mercier Lane, Edgartown, MA 02539

Owner Information
Owner 1
Peter Dormont
Owner 2
Barbara S Torrest
Owner's Address
21 Branford Road Hastings On Hudson, NY 10706
Market Sale Information
Most recent sale date
9/8/1999
Previous sale date
5/20/1987
Transfer document #
0775-0674
Previous transfer document
00474-0089
Grantor
Randolph S Naylor
Previous grantor
Randolph S Naylor
Most recent sale price
$465,000.00
Previous sale price
$1.00
Site Information
Property ID
36-98-2
Lot Size
0.67
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1981
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2006
Number of Kitchen
Gross Living Area
4487
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
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$600,800.00
Total value
$1,306,700.00
Building value
$705,900.00
Estimated tax
$3,292.00
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 3 Mercier Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $231.80 Style Cape Cod Age 1981 Rooms Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 4487 Heating Fuel Electric Detached Garage Lot Size 0.67 Roof Cover Asph/F Gls/Cmp AEM Value - Building $705,900.00 AEM Value - Land $600,800.00 AEM Value - Other $0.00 AEM Value - Total $1,306,700.00
A) 6 Kent Harbor Road 0.3 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) 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
C) 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
D) 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
@ 3 Mercier Lane 9/8/1999 $465,000 0 Cape Cod 2,006 0.67 4 2-0 -
  Criteria
A 6 Kent Harbor Road 2/15/2024 $2,800,000 0.3 Ranch 1,525 1 3 1-0
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 0.6 Standard Plus 1,862 0.51 4 2-1
D 41 Road to the Plains 1/24/2024 $1,800,000 0.7 Colonial 1,800 0.97 3 2-0
Averages 96 days $2,203,750 0.52 --- 1,898 0.75 --- ---  

Estimation of Market Value - $2,092,163

As of today, 07/03/2024, the estimated market value of 3 Mercier Lane, Edgartown considering the above 4 comparable properties is $2,092,163.

 

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
@ 3 Mercier Lane 9/8/1999 $465,000 0 Cape Cod 2,006 0.67 4 2-0 -
  Criteria
A 1 Mercier Lane 11/10/1997 $154,000 0.0 Standard Basic 576 1.2 2 1-1
B 5 Mercier Lane 9/7/2007 $1 0.0 Standard Basic 462 0.52 2 1-0
C 22 Mercier Way 1/4/1984 $92,000 0.0 Ranch 2,384 0.83 4 4-0
D 30 Mercier Way 4/4/1996 $1 0.1 Cape Cod 3,231 0.5 4 3-0
E 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
F 15 Marthas Way 8/20/2019 $1 0.1 Colonial 915 0.52 1 1-0
G 20 Mercier Way 7/18/2008 $1 0.1 Cape Cod 1,826 0.25 3 1-0
H 21 Mercier Way 2/9/1998 $1 0.1 Camp 256 0.74 1-0
I 25 Mercier Way 9/24/2020 $1,540,000 0.1 Cape Cod 2,481 0.32 3 3-0
J 18 Mercier Way 8/30/2018 $800,000 0.1 Ranch 896 0.25 2 1-0
K 29 Mercier Way 9/9/1997 $1 0.1 Cape Cod 1,702 0.25 4 2-0
L 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
M 36 Mercier Way 3/30/2016 $1 0.1 Colonial 2,016 0.5 3 2-0
N 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
O 26 Knoll Drive 7/28/2011 $1,696,000 0.1 Custom 3,953 0.72 4 4-1
P 20 Puwal Lane 9/6/2013 $1 0.1 Ranch 1,424 0.3 4 2-0
Q 19 Mercier Way 10/3/2008 $1 0.1 Vacant Land 0.25 -
R 31 Mercier Way 4/3/1991 $105,000 0.1 Ranch 1,872 0.25 4 2-1
S 93 Herring Creek Road-Lot 13 6/27/1986 $1,400,000 0.1 Vacant Land 28.52 -
T 32 Knoll Drive 9/27/2018 $1,900,000 0.1 Standard Plus 2,262 0.72 3 3-2
U 16 Mercier Way 3/25/2020 $1,400,000 0.1 Cape Cod 2,580 0.49 3 2-1
V 22 Knoll Drive 12/10/2020 $1 0.1 Cape Cod 4,273 0.72 4 3-1
W 15 Mercier Way 4/29/2015 $1 0.1 Cape Cod 1,495 0.25 3 2-0
X 12 Marthas Way 1/8/1993 $1 0.1 Standard Plus 1,250 0.51 1 1-0
Y 10 Puwal Lane 8/23/2022 $5,600,000 0.1 Standard Plus 5,956 0.53 4 4-1
Z 9 Marthas Way 8/20/2019 $1 0.1 Vacant Land 0.52 -
- 35 Mercier Way 2/22/2008 $1 0.1 Standard Plus 2,162 0.49 4 1-1
- 34 Knoll Drive 3/1/2016 $1 0.1 Cape Cod 1,279 0.36 3 1-0
- 8 Puwal Lane 12/21/2017 $849,000 0.1 Standard Plus 4,838 0.53 3 3-1
- 40 Mercier Way 4/13/1984 $27,000 0.1 Vacant Land 0.5 -
Averages 5923 days $557,101 0.09 --- 1,746 1.44 --- ---  
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 98 2 3 Mercier Lane