Tisbury sale prices span $150,000 to over $1 million in latest recordings

TISBURY -- Seven property transfers were recorded in Tisbury between July 24 and August 22, led by a $1,034,000 sale on John Hoft Road, while two of the month's deeds involved banks as the buyer rather than a typical homeowner sale.

MARKET OVERVIEW The Dukes County Registry of Deeds recorded seven Tisbury property transfers during the period, five of which disclosed a sale price. Among those five, prices ranged from $150,000 to $1,034,000, with a median sale price of $500,000. Two entries, a Tisbury property tied to a Certificate of Municipal Liens and a family transfer on Daggett Avenue, did not disclose a price. Seven total recordings is a limited sample, and the mix of bank-related and non-arms-length transfers within that total makes it difficult to characterize the broader market from count alone.

TOP SALES The month's highest recorded sale was 2 John Hoft Road, which sold for $1,034,000 on July 29. Cody Chandler was the seller; R T Enterprises LLC was the buyer.

128 Edgartown Road sold for $650,000 on July 31. Kirk Arthur Metell and Kelley Ann Metell were the sellers; Citizens Bank NA was the buyer.

97 Hvoslef Way sold for $500,000 on July 29. Steven M. Podufaly and S. Mitchell Podufaly were the sellers; Guaranteed Rate Inc and Mortgage Electronic Registration Systems Inc were listed as buyers.

60 Beach Road Unit 240 sold for $160,000 on August 3. Brian M. Foley and the estate of Betty Lou Andrews were the sellers; MCG Investments I LLC was the buyer.

202 Lake Street sold for $150,000 on July 30. Jamie Wells was the seller; Operative Bank was the buyer.

NEIGHBORHOOD BREAKDOWN No street recorded more than one sale during the period, so transactions are grouped by price tier. Under $500,000: two sales, 60 Beach Road Unit 240 ($160,000) and 202 Lake Street ($150,000). $500,000 to $1 million: two sales, 97 Hvoslef Way ($500,000) and 128 Edgartown Road ($650,000). Over $1 million: one sale, 2 John Hoft Road ($1,034,000). Two additional transfers, one with no listed address and one on Daggett Avenue, carried no disclosed price and are not included in the tier breakdown.

MARKET NOTES Two of the five priced sales listed a bank as the buyer: Citizens Bank NA at 128 Edgartown Road and Operative Bank at 202 Lake Street. A third, 97 Hvoslef Way, listed Guaranteed Rate Inc and Mortgage Electronic Registration Systems Inc as buyers. The deed data does not indicate the nature of these transfers beyond the named parties. One sale, 60 Beach Road Unit 240, involved a condominium unit rather than a single-family address; the deed data does not specify property type for the other six transfers. The Daggett Avenue transfer listed Sandra A. Maddox as both a seller, alongside the estate of David C. Maddox, and the buyer, indicating a transfer within the same family or estate rather than an open-market sale; no price was disclosed. Separately, two entries recorded the same day, August 3, both listed an Andrews name among the sellers: the estate of Betty Lou Andrews at 60 Beach Road Unit 240, and Betty B. Andrews on an entry with no listed address and no disclosed price, tied to a Certificate of Municipal Liens. Beds, baths and square footage were not available in the deed data for any transaction.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.