12 Aero Avenue, Edgartown, MA 02539

12 Aero Avenue Edgartown MA 02539
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Owner Information
Owner 1
Seaside Farm LLC
Owner 2
Owner's Address
7 Edge Hill Rd Hopkinton, MA 01748
Market Sale Information
Most recent sale date
7/8/2021
Previous sale date
7/2/2020
Transfer document #
82-305
Previous transfer document
81-69
Grantor
Elizabeth A Burke
Previous grantor
Elizabeth A Burke
Most recent sale price
$1,900,000.00
Previous sale price
$1.00
Site Information
Property ID
45-58
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Standard Plus
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1945
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2111
Number of Kitchen
Gross Living Area
3498
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl/Asph Tile
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
$874,300.00
Total value
$1,773,000.00
Building value
$898,700.00
Estimated tax
$4,467.00
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 12 Aero Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $900.05 Style Standard Plus Age 1945 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3498 Heating Fuel Electric Detached Garage Lot Size 0.63 Roof Cover Asph/F Gls/Cmp AEM Value - Building $898,700.00 AEM Value - Land $874,300.00 AEM Value - Other $0.00 AEM Value - Total $1,773,000.00
A) 28 Vickers Street 0.9 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
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
@ 12 Aero Avenue 7/8/2021 $1,900,000 0 Standard Plus 2,111 0.63 3 2-1 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.9 Standard Plus 1,862 0.51 4 2-1
B 10 Gerts Way 6/14/2024 $2,315,000 0.9 Colonial 2,404 0.5 4 2-1
Averages 41 days $2,107,500 0.87 --- 2,133 0.5 --- ---  

Estimation of Market Value - $2,250,651

As of today, 07/03/2024, the estimated market value of 12 Aero Avenue, Edgartown considering the above 2 comparable properties is $2,250,651.

 

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
@ 12 Aero Avenue 7/8/2021 $1,900,000 0 Standard Plus 2,111 0.63 3 2-1 -
  Criteria
A 10 Aero Avenue 1/1/1986 $0 0.0 Ranch 768 0.58 2 1-0
B 13 Aero Avenue 7/27/1979 $7,500 0.1 Vacant Land 0.76 -
C 14 Aero Avenue-School 2/8/2017 $0 0.1 Agri School 5.1 2-
D 15 Beach Plum Meadows 10/24/2022 $4,750,000 0.1 Custom 3,695 1.64 4 4-1
E 20 Katama Farm North Road 9/4/1998 $85,000 0.1 Colonial 1,872 0.48 3 2-1
F 9 Beach Plum Meadows 10/2/2007 $1 0.1 Custom 1.65 4 3-2
G 9 Aero Avenue 7/27/1979 $7,500 0.1 Vacant Land 0.52 -
H 18 Katama Farm North Road 1/17/2020 $1,450,000 0.1 Colonial 2,344 0.5 4 3-1
I 12 Beach Plum Meadows 6/27/2019 $1 0.1 Custom 3,717 1.65 4 3-1
Averages 7692 days $700,000 0.08 --- 1,377 1.43 --- ---  
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 58 12 Aero Avenue