2 Crafts Field Way, Edgartown, MA 02539

2 Crafts Field Way Edgartown MA 02539
Owner Information
Owner 1
Lally Family First LLC
Owner 2
Owner's Address
C/O Michael Lally, 13 Stillwater Dr Cumberland, RI 02864
Market Sale Information
Most recent sale date
12/31/1996
Previous sale date
1/13/1986
Transfer document #
0691-0430
Previous transfer document
00440-0307
Grantor
Thomas J Lally
Previous grantor
Edward Chirico
Most recent sale price
$1.00
Previous sale price
$61,000.00
Site Information
Property ID
45-15
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Standard Plus
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1985
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1849
Number of Kitchen
Gross Living Area
2542
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$906,800.00
Total value
$1,689,700.00
Building value
$782,200.00
Estimated tax
$4,308.00
Yard improvement value
$700.00
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 2 Crafts Field Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Standard Plus Age 1985 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 2542 Heating Fuel Electric Detached Garage Lot Size 0.61 Roof Cover Asph/F Gls/Cmp AEM Value - Building $782,200.00 AEM Value - Land $906,800.00 AEM Value - Other $700.00 AEM Value - Total $1,689,700.00
A) 28 Vickers Street 0.4 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
B) 15 Deacon Vincent Way 0.8 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
@ 2 Crafts Field Way 12/31/1996 $1 0 Standard Plus 1,849 0.61 4 2-1 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.4 Standard Plus 1,862 0.51 4 2-1
B 15 Deacon Vincent Way 9/11/2024 $1,785,000 0.8 Colonial 1,456 0.55 3 1-1
Averages 83 days $1,842,500 0.61 --- 1,659 0.53 --- ---  

Estimation of Market Value - $2,157,993

As of today, 09/27/2024, the estimated market value of 2 Crafts Field Way, Edgartown considering the above 2 comparable properties is $2,157,993.

 

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
@ 2 Crafts Field Way 12/31/1996 $1 0 Standard Plus 1,849 0.61 4 2-1 -
  Criteria
A 89 Slough Cove Road 10/14/1997 $324,000 0.0 Standard Plus 2,136 0.5 4 2-1
B 4 Crafts Field Way 2/25/1986 $1 0.0 Cape Cod 1,686 0.53 3 2-0
C 19 Thaxter Lane 7/15/1994 $90,000 0.0 Modern/Contemporary 2,440 0.52 4 3-0
D 6 Proprietors Road 11/16/2017 $1,124,500 0.0 Cape Cod 3,254 0.58 3 3-1
E 21 Thaxter Lane 7/16/2020 $1 0.0 Modern/Contemporary 2,438 0.59 3 2-0
F 5 Crafts Field Way 11/19/2019 $1 0.0 Custom 2,846 0.56 3 3-1
G 23 Thaxter Lane 10/3/2005 $1 0.0 Standard Plus 2,268 0.71 3 3-1
H 17 Thaxter Lane 2/18/2020 $1,700,000 0.1 Standard Plus 3,680 0.52 4 3-0
I 2 Young Street 6/18/2001 $341,750 0.1 Ranch 1,607 0.54 3 3-1
J 25 Thaxter Lane 3/29/2013 $850,000 0.1 Colonial 1,876 0.6 3 2-1
K 10 Crafts Field Way 3/6/2020 $1 0.1 Cape Cod 1,624 0.51 3 2-0
L 4 Young Street 5/14/2010 $560,000 0.1 Standard Plus 2,050 0.61 3 2-0
M 9 Crafts Field Way 6/12/2009 $600,000 0.1 Ranch 2,201 0.51 3 2-1
N 18 Thaxter Lane 10/21/2016 $1,450,000 0.1 Modern/Contemporary 1,940 0.54 4 2-1
O 8 Vincent Way 1/20/2009 $1 0.1 Cape Cod 1,650 0.75 3 2-1
P 16 Thaxter Lane 11/19/2020 $1,750,000 0.1 Colonial 2,923 0.54 3 3-0
Q 15 Thaxter Lane 11/12/2015 $1,750,000 0.1 Standard Plus 2,882 0.53 3 2-2
R 8 Young Street 11/1/2013 $1 0.1 Ranch 1,788 0.57 4 2-0
S 14 Crafts Field Way 12/11/2020 $1,670,000 0.1 Cape Cod 2,778 0.54 3 2-0
T 2 Wilsons Lane 5/2/2006 $1 0.1 Vacant Land 0.86 -
U 24 Thaxter Lane 10/22/2013 $1,087,500 0.1 Standard Plus 1,708 0.56 3 3-1
V 20 Thaxter Lane 12/18/2020 $1 0.1 Standard Plus 2,649 0.74 4 2-1
W 26 Thaxter Lane 4/28/2015 $1 0.1 Outbuildings 1 -
X 14 Thaxter Lane 10/7/2020 $1,575,000 0.1 Colonial 2,808 0.53 3 3-1
Y 5 Young Street 3/23/2016 $1 0.1 Colonial 1,550 0.56 3 2-0
Z 6 Vincent Way 2/8/2011 $1 0.1 Standard Plus 1,878 0.76 4 3-0
- 22 Thaxter Lane 11/3/1997 $365,000 0.1 Colonial 1,952 0.56 3 2-0
- 15 Crafts Field Way 4/10/2018 $1 0.1 Standard Plus 1,672 0.68 3 2-0
- 17 Plains Head Lane 8/4/2020 $1 0.1 Standard Plus 2,772 0.54 3 3-0
- 9 Vincent Way 5/18/1995 $210,000 0.1 Colonial 2,840 0.82 3 3-0
- 11 Thaxter Lane 12/2/1996 $110,000 0.1 Modern/Contemporary 3,044 0.53 4 3-0
- 14 Young Street 2/2/2021 $0 0.1 Modern/Contemporary 1,428 0.68 3 3-0
- 16 Plains Head Lane 3/23/1998 $405,000 0.1 Standard Plus 2,917 0.58 4 4-0
- 12 Thaxter Lane 9/12/2005 $1,475,000 0.1 Modern/Contemporary 2,226 0.53 4 3-0
- 9 Young Street 10/13/2005 $717,500 0.1 Modern/Contemporary 2,362 0.53 3 3-0
- 18 Crafts Field Way 4/27/2021 $1 0.1 Cape Cod 3,202 0.65 4 2-0
Averages 4975 days $504,313 0.08 --- 2,197 0.61 --- ---  
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
45 15 2 Crafts Field Way