8 Marthas Way, Edgartown, MA 02539

8 Marthas Way Edgartown MA 02539
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Owner Information
Owner 1
Jarrett Hurwitz
Owner 2
Owner's Address
500 South St Needham, MA 02492
Market Sale Information
Most recent sale date
10/4/2022
Previous sale date
1/8/1993
Transfer document #
1637-759
Previous transfer document
0597-0040
Grantor
Carol B Koser
Previous grantor
Florence Koser
Most recent sale price
$1,538,300.00
Previous sale price
$1.00
Site Information
Property ID
36-99-2
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1982
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1939
Number of Kitchen
Gross Living Area
3982
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Cedar or Redwd
Assessment Information
Fiscal Year
2023
Land Value
$590,200.00
Total value
$1,270,500.00
Building value
$680,300.00
Estimated tax
$3,201.00
Yard improvement value
$0.00
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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 8 Marthas Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $793.35 Style Cape Cod Age 1982 Rooms Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3982 Heating Fuel Gas Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $680,300.00 AEM Value - Land $590,200.00 AEM Value - Other $0.00 AEM Value - Total $1,270,500.00
A) 6 Kent Harbor Road 0.1 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 0.7 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 0.7 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 0.8 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
@ 8 Marthas Way 10/4/2022 $1,538,300 0 Cape Cod 1,939 0.51 3 2-0 -
  Criteria
A 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
B 10 Gerts Way 6/14/2024 $2,315,000 0.7 Colonial 2,404 0.5 4 2-1
C 28 Vickers Street 5/1/2024 $1,900,000 0.7 Standard Plus 1,862 0.51 4 2-1
D 41 Road to the Plains 1/24/2024 $1,800,000 0.8 Colonial 1,800 0.97 3 2-0
Averages 92 days $2,203,750 0.58 --- 1,898 0.75 --- ---  

Estimation of Market Value - $2,027,568

As of today, 06/29/2024, the estimated market value of 8 Marthas Way, Edgartown considering the above 4 comparable properties is $2,027,568.

 

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
@ 8 Marthas Way 10/4/2022 $1,538,300 0 Cape Cod 1,939 0.51 3 2-0 -
  Criteria
A 258 Katama Road 10/16/2013 $2,350,000 0.0 Ranch 744 0.85 1 1-1
B 12 Marthas Way 1/8/1993 $1 0.0 Standard Plus 1,250 0.51 1 1-0
C 7 Marthas Way 4/11/2008 $1 0.0 Standard Basic 912 0.52 2 1-0
D 256 Katama Road 7/2/2020 $1 0.0 Custom 1,356 0.6 3 2-0
E 9 Marthas Way 8/20/2019 $1 0.0 Vacant Land 0.52 -
F 260 Katama Road 2/3/2016 $1 0.0 Vacant Land 0.67 -
G 3 Marthas Way 12/18/1979 $0 0.1 Ranch 1,248 0.52 3 2-0
H 14 Marthas Way 1/8/1993 $1 0.1 Ranch 1,344 0.51 3 2-0
I 10 Puwal Lane 8/23/2022 $5,600,000 0.1 Standard Plus 5,956 0.53 4 4-1
J 11 Marthas Way 8/8/2022 $1 0.1 Colonial 0.52 4 2-0
K 12 Mercier Way 2/26/2021 $10 0.1 Cape Cod 2,268 0.49 3 2-0
L 8 Puwal Lane 12/21/2017 $849,000 0.1 Standard Plus 4,838 0.53 3 3-1
M 8 Mercier Way 4/3/2017 $1 0.1 Ranch 1,280 0.49 2 1-0
N 16 Mercier Way 3/25/2020 $1,400,000 0.1 Cape Cod 2,580 0.49 3 2-1
O 1 Marthas Way 10/8/2015 $560,000 0.1 Ranch 1,482 0.53 3 2-0
P 257 Katama Road 11/4/2022 $1 0.1 Colonial 2,107 0.69 4 2-0
Q 16 Marthas Way 10/1/2018 $1,150,000 0.1 Cape Cod 953 0.51 2 1-0
R 15 Marthas Way 8/20/2019 $1 0.1 Colonial 915 0.52 1 1-0
S 3 Down Harbor Road 9/18/1996 $1 0.1 Cape Cod 2,727 1 4 2-1
T 253 Katama Road 12/27/2017 $767,125 0.1 Custom 4,430 0.69 5 4-1
U 9 Mercier Way 12/28/2012 $1 0.1 Cape Cod 1,536 0.37 3 2-0
V 11 Mercier Way 8/20/1980 $13,500 0.1 Cape Cod 1,666 0.37 3 2-0
W 4 Mercier Way 10/24/2017 $1 0.1 Cape Cod 2,180 0.51 3 2-0
X 18 Mercier Way 8/30/2018 $800,000 0.1 Ranch 896 0.25 2 1-0
Y 7 Mercier Way 11/28/2011 $1 0.1 Standard Plus 1,496 0.25 3 2-0
Z 15 Mercier Way 4/29/2015 $1 0.1 Cape Cod 1,495 0.25 3 2-0
- 20 Puwal Lane 9/6/2013 $1 0.1 Ranch 1,424 0.3 4 2-0
- 5 Mercier Way 9/1/1978 $0 0.1 Colonial 2,193 0.25 4 3-0
- 14 Knoll Drive 2/18/2014 $1 0.1 Cape Cod 2,126 0.43 2 2-0
- 1 Somerset Lane 1/4/1991 $1 0.1 Outbuildings 0.5 -
- 20 Mercier Way 7/18/2008 $1 0.1 Cape Cod 1,826 0.25 3 1-0
- 12 Knoll Drive 11/19/2008 $899,000 0.1 Ranch 2,078 0.36 3 2-1
- 19 Mercier Way 10/3/2008 $1 0.1 Vacant Land 0.25 -
- 2 Down Harbor Road 10/26/2004 $1,100,000 0.1 Custom 0.77 5 4-1
- 1 Guernsey Lane 12/4/2009 $1 0.1 Colonial 3,974 1.8 8 4-0
- 6 Knoll Drive 3/1/1978 $0 0.1 Ranch 1,432 0.72 4 2-0
- 16 Knoll Drive 5/9/2013 $580,000 0.1 Standard Plus 2,688 0.36 4 3-0
- 9 Down Harbor Road 11/30/2007 $1,130,000 0.1 Cape Cod 2,696 1 4 3-1
- 4 Down Harbor Road 7/5/1996 $349,000 0.1 Standard Plus 1,400 0.69 3 2-0
- 6 Kent Harbor Road 2/15/2024 $2,800,000 0.1 Ranch 1,525 1 3 1-0
- 1 Mercier Way 12/18/2013 $1 0.1 Ranch 1,788 0.49 3 2-0
Averages 5493 days $496,284 0.08 --- 1,727 0.56 --- ---  
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 99 2 8 Marthas Way