42 Franklin Terrace, Tisbury, MA 02568

Owner Information
Owner 1
Timothy D Merriman
Owner 2
Nancy E Merriman
Owner's Address
P O Box 1897 Vineyard Haven, MA 02568
Market Sale Information
Most recent sale date
4/29/2016
Previous sale date
6/11/2014
Transfer document #
1404-0347
Previous transfer document
1350-0776
Grantor
Peter D Leathe
Previous grantor
Peter D Leathe
Most recent sale price
$385,000.00
Previous sale price
$100.00
Site Information
Property ID
26-D-9.2
Lot Size
0.35
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1970
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1144
Number of Kitchen
Gross Living Area
2548
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plywood Panel
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Radiant
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$453,800.00
Total value
$805,200.00
Building value
$351,400.00
Estimated tax
$6,095.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112014201520172018201920202021202220232024$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
51 Lagoon Pond Road42 Franklin Terrace22 Briarwood Lane23 Pine Tree Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 42 Franklin Terrace A) 22 Briarwood LaneB) 51 Lagoon Pond RoadC) 23 Pine Tree Lane
Photo
Plan
Map
Proximity 0.40.60.8
Last Sold 3/3/202512/24/20241/15/2025
Price $1,300,000$125,000$1,260,000
Net Living Area 1,2418601,232
Stories 21.751
Sale Price/sft $336.54$1047.54$145.35$1022.73
Style RanchConventionalConventionalRanch
Age 1970201719181971
Rooms
Bedrooms 4223
Full baths 2211
Half baths 0000
Gross Living Area 254824819813528
Heating Fuel OilElectricOilOil
Detached Garage
Lot Size 0.350.260.330.49
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $351,400.00$492,400$3,500$431,500
AEM Value - Land $453,800.00$445,700$400,600$948,600
AEM Value - Other $0.00$0$0$0
AEM Value - Total $805,200.00$938,100$404,100$1,380,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 42 Franklin Terrace 4/29/2016 $385,000 0 Ranch 1,144 0.35 4 2-0 -
  Criteria
A 22 Briarwood Lane 3/3/2025 $1,300,000 0.4 Conventional 1,241 0.26 2 2-0
B 51 Lagoon Pond Road 12/24/2024 $125,000 0.6 Conventional 860 0.33 2 1-0
C 23 Pine Tree Lane 1/15/2025 $1,260,000 0.8 Ranch 1,232 0.49 3 1-0
Averages 147 days $895,000 0.61 --- 1,111 0.36 --- ---  

Estimation of Market Value - $857,876

As of today, 06/19/2025, the estimated market value of 42 Franklin Terrace, Tisbury considering the above 3 comparable properties is $857,876.

 

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 Copy to Clipboard
Subject Property103 Tashmoo Avenue0 Greenwood Avenue0 Authier Avenue40 Authier Avenue262 Franklin Street111 Tashmoo Avenue92 Greenwood Avenue42 Franklin Terrace95 Tashmoo Avenue20 Franklin Terrace218 Franklin Street104 Greenwood Avenue118 Greenwood Avenue86 Greenwood Avenue135 Tashmoo Avenue34 Authier Avenue260 Franklin Street204 Franklin Street57 Authier Avenue164 Franklin Street14 Franklin Terrace250 Franklin Street147 Tashmoo Avenue45 Authier Avenue148 Tashmoo Avenue141 Tashmoo Avenue151 Tashmoo Avenue$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 42 Franklin Terrace 4/29/2016 $385,000 0 Ranch 1,144 0.35 4 2-0 -
  Criteria
A 50 Franklin Terrace 8/28/2018 $10 0.0 Raised Ranch 1,768 0.33 3 1-1
B 20 Franklin Terrace 8/27/1997 $0 0.0 Ranch 1,456 0.34 3 1-0
C 60 Franklin Terrace 9/5/2017 $504,000 0.0 Colonial 2,848 0.32 4 3-1
D 106 Tashmoo Avenue 5/30/1974 $0 0.0 Cape Cod 1,429 0.64 4 1-0
E 138 Tashmoo Avenue 8/4/2009 $100 0.0 Bungalow 1,461 1.06 2 2-0
F 37 Old Hedge Row 9/23/2019 $10 0.0 Cape Cod 2,329 0.26 4 2-1
G 0 Franklin Terrace 8/5/1980 $0 0.0 Vacant Land 0.14 -
H 25 Old Hedge Row 12/12/2018 $790,000 0.0 Cape Cod 1,414 0.42 4 2-0
I 0 Old Hedge Row 9/15/2005 $875,000 0.1 Vacant Land 0.27 -
J 99 Greenwood Avenue 9/9/2011 $494,000 0.1 Ranch 1,650 0.41 2 2-0
K 14 Franklin Terrace 3/16/2020 $665,000 0.1 Colonial 1,728 0.29 3 2-0
L 98 Tashmoo Avenue 3/14/1969 $0 0.1 Cape Cod 1,277 0.41 4 2-0
M 70 Franklin Terrace 6/15/2017 $99 0.1 Ranch 1,144 0.33 3 2-0
N 204 Franklin Street 9/18/1986 $0 0.1 Conventional 2,126 0.24 5 2-1
O 190 Franklin Street 7/15/2005 $465,000 0.1 Conventional 2,718 0.36 3 3-1
P 218 Franklin Street 11/17/2020 $1 0.1 Cape Cod 1,920 0.29 5 2-0
Q 133 Greenwood Avenue 10/6/2014 $410,000 0.1 Ranch 1,809 0.44 3 2-1
R 94 Tashmoo Avenue 9/12/1997 $0 0.1 Conventional 1,757 0.18 3 2-0
S 140 Tashmoo Avenue 8/13/2024 $1,350,000 0.1 Conventional 2,096 0.33 3 2-1
T 0 Franklin Terrace 8/5/1980 $0 0.1 Vacant Land 0.18 -
U 232 Franklin Street 1/18/2017 $355,000 0.1 Conventional 1,315 0.36 3 2-0
V 103 Tashmoo Avenue 2/27/2020 $10 0.1 Family Conver. 2,447 0.34 6 2-0
W 184 Franklin Street 4/12/2019 $985,000 0.1 Conventional 1,610 0.39 3 2-0
X 82 Franklin Terrace 5/26/2020 $100 0.1 Ranch 1,144 0.32 3 1-0
Y 141 Greenwood Avenue 8/4/2005 $0 0.1 Conventional 810 0.56 2 1-0
Z 111 Tashmoo Avenue 9/22/2020 $600,000 0.1 Ranch 696 0.57 2 1-0
- 95 Tashmoo Avenue 1/5/2015 $100 0.1 Ranch 1,380 0.26 3 1-
- 92 Greenwood Avenue 2/18/2022 $100 0.1 Ranch 806 0.27 3 2-0
- 104 Greenwood Avenue 10/20/2017 $650,000 0.1 Ranch 1,610 0.28 3 3-0
- 135 Tashmoo Avenue 6/30/2020 $1 0.1 Conventional 1,644 0.71 4 2-0
- 148 Tashmoo Avenue 7/1/2013 $1 0.1 Conventional 3,521 0.33 3 2-1
- 86 Greenwood Avenue 10/4/2021 $835,000 0.1 Cape Cod 1,454 0.25 3 1-1
- 240 Franklin Street 1/8/1990 $0 0.1 Conventional 1,680 0.2 4 3-0
- 0 Greenwood Avenue 4/9/2003 $0 0.1 Vacant Land 0.21 -
- 141 Tashmoo Avenue 12/31/1996 $0 0.1 Colonial 2,352 0.38 4 3-
- 92 Franklin Terrace 3/8/1971 $0 0.1 Colonial 1,824 0.32 4 1-1
- 149 Greenwood Avenue 11/13/2020 $100,000 0.1 Cape Cod 2,574 0.23 4 3-1
- 40 Authier Avenue 3/11/1992 $0 0.1 Ranch 936 0.26 2 1-0
- 209 Franklin Street 4/27/2017 $100 0.1 Conventional 4,492 0.4 9 8-1
- 250 Franklin Street 11/30/1999 $360,000 0.1 Cape Cod 2,147 0.43 4 2-
- 147 Tashmoo Avenue 12/31/1996 $108,000 0.1 Colonial 2,079 0.41 4 2-0
- 89 Franklin Terrace 11/16/2007 $1 0.1 Ranch 1,092 0.42 3 1-1
- 193 Franklin Street 6/25/2010 $549,250 0.1 Cape Cod 1,944 0.28 4 2-1
- 34 Authier Avenue 3/30/2006 $525,000 0.1 Conventional 2,433 0.26 4 2-0
- 183 Franklin Street 10/21/2005 $540,000 0.1 Cape Cod 1,887 0.16 4 2-0
- 164 Franklin Street 8/13/1996 $0 0.1 Ranch 2,018 0.9 2 1-0
- 223 Franklin Street 8/1/1997 $266,500 0.1 Cape Cod 2,084 0.38 3 3-1
- 151 Tashmoo Avenue 11/29/2022 $1,695,000 0.1 Colonial 2,800 0.46 4 3-1
- 36 North William Street 8/31/2012 $1 0.1 Conventional 2,941 0.16 4 2-0
- 260 Franklin Street 8/10/1983 $0 0.1 Colonial 1,414 0.23 4 1-1
- 30 North William Street 12/17/2001 $0 0.1 Conventional 2,400 0.63 4 2-1
- 161 Greenwood Avenue 8/21/2018 $0 0.1 Cape Cod 1,701 0.63 4 2-0
- 118 Greenwood Avenue 4/9/2003 $0 0.1 Ranch 1,696 1.53 3 2-0
- 100 Franklin Terrace 9/29/2006 $520,000 0.1 Ranch 1,144 0.31 3 1-1
- 70 Tashmoo Avenue 8/22/2024 $1,500,000 0.1 Conventional 3,298 0.54 6 4-0
- 53 Greenwood Avenue 4/16/2010 $615,713 0.1 Cape Cod 3,010 0.44 5 3-1
- 97 Franklin Terrace 10/12/2010 $271,000 0.1 Ranch 936 0.42 3 2-
- 262 Franklin Street 1/16/2015 $315,000 0.1 Ranch 480 0.24 2 1-0
- 57 Authier Avenue 9/16/2015 $10 0.1 Cape Cod 1,503 0.34 3 2-0
- 45 Authier Avenue 1/21/2021 $100 0.1 Cape Cod 2,169 0.32 4 3-0
- 0 Authier Avenue 9/9/1993 $132,000 0.1 Vacant Land 0.32 -
Averages 6544 days $270,102 0.09 --- 1,711 0.39 --- ---  
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
26D 9.2 42 Franklin Terrace