3 North Farms Road, Edgartown, MA 02539

3 North Farms Road Edgartown MA 02539
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Owner Information
Owner 1
1B2 Rentals LLC
Owner 2
Owner's Address
28 Schuyler Hills Rd Loudonville, NY 12211
Market Sale Information
Most recent sale date
7/27/2017
Previous sale date
10/7/1992
Transfer document #
1444-0699
Previous transfer document
0590-0039
Grantor
David L Erickson
Previous grantor
Ralph E Tedeschi
Most recent sale price
$1,575,000.00
Previous sale price
$72,000.00
Site Information
Property ID
45-17-5
Lot Size
0.74
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Standard Plus
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1997
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2317
Number of Kitchen
Gross Living Area
5487
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$853,700.00
Total value
$2,288,800.00
Building value
$1,435,100.00
Estimated tax
$5,767.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 3 North Farms Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $679.76 Style Standard Plus Age 1997 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 5487 Heating Fuel Oil Detached Garage Lot Size 0.74 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,435,100.00 AEM Value - Land $853,700.00 AEM Value - Other $0.00 AEM Value - Total $2,288,800.00
A) 28 Vickers Street 0.5 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) 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
@ 3 North Farms Road 7/27/2017 $1,575,000 0 Standard Plus 2,317 0.74 3 2-1 -
  Criteria
A 28 Vickers Street 5/1/2024 $1,900,000 0.5 Standard Plus 1,862 0.51 4 2-1
B 41 Road to the Plains 1/24/2024 $1,800,000 0.8 Colonial 1,800 0.97 3 2-0
Averages 98 days $1,850,000 0.64 --- 1,831 0.74 --- ---  

Estimation of Market Value - $2,824,990

As of today, 06/18/2024, the estimated market value of 3 North Farms Road, Edgartown considering the above 2 comparable properties is $2,824,990.

 

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
@ 3 North Farms Road 7/27/2017 $1,575,000 0 Standard Plus 2,317 0.74 3 2-1 -
  Criteria
A 119 Herring Creek Road 3/17/2023 $1,770,000 0.0 Standard Plus 1,400 0.86 4 2-0
B 1 North Farms Road 10/5/1990 $258,000 0.0 Standard Plus 1,736 0.71 4 2-1
C 49 Crocker Drive 3/11/2021 $100 0.0 Standard Plus 2,100 0.51 3 2-1
D 61 Crocker Drive 7/15/2015 $1,068,000 0.0 Standard Plus 3,042 0.72 3 4-1
E 117 Herring Creek Road 10/3/2019 $1 0.0 Standard Plus 3,606 0.56 4 4-1
F 5 North Farms Road 12/30/1994 $80,000 0.1 Standard Plus 2,146 0.76 4 2-1
G 4 North Farms Road 5/14/1996 $1 0.1 Standard Plus 2,275 0.5 4 3-0
H 3 Bittersweet Lane 5/30/2008 $745,900 0.1 Colonial 1.5 3 3-1
I 128 Herring Creek Road 12/31/2018 $1 0.1 Custom 1.56 4 4-2
J 115 Herring Creek Road 9/14/2015 $1 0.1 Custom 2,185 0.56 3 2-1
K 45 Crocker Drive 4/21/2011 $700,000 0.1 Colonial 2,200 0.46 3 3-0
L 4 Bittersweet Lane 1/31/2020 $100 0.1 Vacant Land 1.92 -
M 116 Herring Creek Road 11/16/2009 $1,420,000 0.1 Custom 3,502 1.86 5 4-1
N 56 Crocker Drive 12/11/2020 $1,800,000 0.1 Standard Plus 3,096 0.96 4 3-1
O 52 Crocker Drive 9/2/1998 $345,000 0.1 Cape Cod 1.5 3 2-1
P 60 Crocker Drive 5/15/2014 $1 0.1 Standard Plus 672 0.96 2 1-0
Q 111 Herring Creek Road 12/29/1988 $105,000 0.1 Ranch 2,927 1 6 2-1
R 43 Crocker Drive 8/19/2014 $1,479,000 0.1 Cape Cod 3,248 0.46 4 4-0
S 7 North Farms Road 10/14/2014 $1 0.1 Standard Plus 3,173 0.71 4 3-1
T 6 North Farms Road 1/28/2020 $1 0.1 Standard Plus 2,711 0.78 4 4-0
U 44 Crocker Drive 7/8/2009 $1 0.1 Ranch 1,312 1.9 2 1-0
V 5 Mattakesett Way 10/18/2017 $2,175,000 0.1 Custom 3,604 1.9 4 3-2
W 41 Crocker Drive 4/27/2018 $1 0.1 Standard Plus 1,484 0.46 4 2-1
X 7 Bittersweet Lane 7/26/2018 $1 0.1 Custom 1.5 4 5-1
Y 109 Herring Creek Road 11/24/2015 $1,275,000 0.1 Colonial 2,750 0.5 3 3-0
Z 146 Herring Creek Road 4/27/1984 $100,000 0.1 Vacant Land 1.62 -
Averages 4959 days $512,350 0.08 --- 1,891 1.03 --- ---  
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 17 5 3 North Farms Road