5 Beach Plum Meadows, Edgartown, MA 02539

5 Beach Plum Meadows Edgartown MA 02539
Owner Information
Owner 1
Elisabeth Wallace
Owner 2
Owner's Address
90 Seaward Road Wellesley, MA 02481
Market Sale Information
Most recent sale date
5/22/2017
Previous sale date
11/30/2001
Transfer document #
1439-0498
Previous transfer document
0858-0365
Grantor
Thomas J Silberstein
Previous grantor
Wetu Land Company LLC
Most recent sale price
$3,400,000.00
Previous sale price
$440,000.00
Site Information
Property ID
45-55-2
Lot Size
1.66
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Standard Plus
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
2003
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3150
Number of Kitchen
Gross Living Area
6859
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
Enam Mtl Shing
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Cedar or Redwd
Assessment Information
Fiscal Year
2023
Land Value
$1,443,700.00
Total value
$4,031,900.00
Building value
$2,588,200.00
Estimated tax
$10,160.00
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 Beach Plum Meadows Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,079.37 Style Standard Plus Age 2003 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 6859 Heating Fuel Gas Detached Garage Lot Size 1.66 Roof Cover Enam Mtl Shing AEM Value - Building $2,588,200.00 AEM Value - Land $1,443,700.00 AEM Value - Other $0.00 AEM Value - Total $4,031,900.00
A) 7 Katama Drive 0.1 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
B) 10 Gerts Way 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Beach Plum Meadows 5/22/2017 $3,400,000 0 Standard Plus 3,150 1.66 3 2-1 -
  Criteria
A 7 Katama Drive 2/9/2024 $4,465,000 0.1 Standard Plus 3,116 0.46 3 3-1
B 10 Gerts Way 6/14/2024 $2,315,000 0.9 Colonial 2,404 0.5 4 2-1
Averages 78 days $3,390,000 0.48 --- 2,760 0.48 --- ---  

Estimation of Market Value - $4,966,754

As of today, 06/29/2024, the estimated market value of 5 Beach Plum Meadows, Edgartown considering the above 2 comparable properties is $4,966,754.

 

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 Beach Plum Meadows 5/22/2017 $3,400,000 0 Standard Plus 3,150 1.66 3 2-1 -
  Criteria
A 9 Beach Plum Meadows 10/2/2007 $1 0.0 Custom 1.65 4 3-2
B 8 Beach Plum Meadows 3/10/2021 $1 0.0 Custom 2,961 1.65 3 3-1
C 3 Beach Plum Meadows 7/10/2020 $2,900,000 0.1 Custom 4,896 1.5 4 4-1
D 320 Katama Road 5/7/2021 $10 0.1 Ranch 1,606 1.3 3 2-0
E 4 Beach Plum Meadows 6/29/2012 $2,460,000 0.1 Custom 1.73 4 4-2
F 7 Katama Drive 2/9/2024 $4,465,000 0.1 Standard Plus 3,116 0.46 3 3-1
G 9 Aero Avenue 7/27/1979 $7,500 0.1 Vacant Land 0.52 -
H 11 Katama Drive 10/30/2020 $1,800,000 0.1 Standard Plus 3,416 1.38 3 2-2
I 12 Beach Plum Meadows 6/27/2019 $1 0.1 Custom 3,717 1.65 4 3-1
J 5 Katama Drive 11/19/2004 $900,000 0.1 Cape Cod 2,527 0.46 3 2-0
K 15 Beach Plum Meadows 10/24/2022 $4,750,000 0.1 Custom 3,695 1.64 4 4-1
L 10 Aero Avenue 1/1/1986 $0 0.1 Ranch 768 0.58 2 1-0
M 15 Katama Drive 1/4/2022 $10 0.1 Custom 2,190 0.92 3 2-1
N 2 Beach Plum Meadows 4/19/2016 $2,300,000 0.1 Custom 1.5 4 4-1
O 13 Aero Avenue 7/27/1979 $7,500 0.1 Vacant Land 0.76 -
Averages 5078 days $1,306,002 0.08 --- 1,926 1.18 --- ---  
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 55 2 5 Beach Plum Meadows