27 Pierce Lane, Edgartown, MA 02539

27 Pierce Lane Edgartown MA 02539
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Owner Information
Owner 1
27 Pierce Lane LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/24/2023
Previous sale date
2/17/2016
Transfer document #
1653-145
Previous transfer document
1398-0691
Grantor
Pierce Lane LLC
Previous grantor
GSC LLC
Most recent sale price
$7,800,000.00
Previous sale price
$1.00
Site Information
Property ID
20-B-37-12
Lot Size
0.28
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Historical Custom
Number of Rooms
9
Stories
2
Number of Beds
5
Year Built
1839
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3910
Number of Kitchen
Gross Living Area
5935
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$2,287,100.00
Total value
$5,415,000.00
Building value
$3,069,500.00
Estimated tax
$13,808.00
Yard improvement value
$58,400.00
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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 27 Pierce Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,994.88 Style Historical Custom Age 1839 Rooms 9 Bedrooms 5 Full baths 4 Half baths 1 Gross Living Area 5935 Heating Fuel Gas Detached Garage Lot Size 0.28 Roof Cover Wood Shingle AEM Value - Building $3,069,500.00 AEM Value - Land $2,287,100.00 AEM Value - Other $58,400.00 AEM Value - Total $5,415,000.00
A) 40 Gaines Way 0.4 9/5/2024 $9,523,000 3,038 2 $3134.63 Custom 1955 7 4 4 0 3898 Electric 0.46 Wood Shingle $1,339,300 $4,740,000 $4,100 $6,083,400
B) 109 School Street 0.6 4/9/2024 $3,800,000 3,193 1.75 $1190.10 Custom 1900 6 4 0 4453 Oil 0.17 Asph/F Gls/Cmp $1,642,100 $1,061,900 $8,200 $2,712,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 27 Pierce Lane 4/24/2023 $7,800,000 0 Historical Custom 3,910 0.28 5 4-1 -
  Criteria
A 40 Gaines Way 9/5/2024 $9,523,000 0.4 Custom 3,038 0.46 4 4-0
B 109 School Street 4/9/2024 $3,800,000 0.6 Custom 3,193 0.17 6 4-0
Averages 89 days $6,661,500 0.49 --- 3,116 0.32 --- ---  

Estimation of Market Value - $8,281,286

As of today, 09/19/2024, the estimated market value of 27 Pierce Lane, Edgartown considering the above 2 comparable properties is $8,281,286.

 

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
@ 27 Pierce Lane 4/24/2023 $7,800,000 0 Historical Custom 3,910 0.28 5 4-1 -
  Criteria
A 25 Pierce Lane 7/30/2021 $8,175,000 0.0 Estate 0.23 4 5-2
B 33 Pierce Lane 1/21/2011 $1,450,000 0.0 Custom 2,039 0.5 3 3-1
C 0 Pierce Lane 2/1/2010 $1 0.0 Vacant Land 0.03 -
D 35 Plantingfield Way 9/20/1999 $1,200,000 0.0 Estate 5,024 1.03 4 4-1
E 27 Plantingfield Way 9/25/2014 $1 0.0 Standard Basic 1,085 0.14 2 2-0
F 21 Plantingfield Way 1/22/2013 $1,130,000 0.0 Standard Plus 3,971 0.5 5 5-1
G 23 Pierce Lane 2/1/2010 $1 0.0 Cape Cod 2,264 0.27 3 3-1
H 30 Pierce Lane 4/25/2018 $2,750,000 0.0 Custom 0.39 5 3-1
I 28 Pierce Lane 5/19/2016 $670,000 0.1 Bungalow 495 0.1 2 1-0
J 19 Sheriffs Lane 2/21/1995 $112,500 0.1 Vacant Land 0.23 -
K 22 Pierce Lane 1/30/1998 $1 0.1 Custom 1,625 0.33 5 2-0
L 19 Pierce Lane 11/6/2020 $5,500,000 0.1 Estate 0.44 4 6-1
M 39 Plantingfield Way 3/15/2023 $14,000,000 0.1 Custom 6,345 1.1 4 4-2
N 17 Plantingfield Way 1/31/2003 $1,500,000 0.1 Custom 2,386 0.24 2 3-0
O 13 Sheriffs Lane 7/18/2012 $1 0.1 Standard Plus 1,404 0.23 2 2-0
P 12 Cottle Lane 5/11/2021 $1 0.1 Historical Custom 2,244 0.29 4 2-1
Q 28 Plantingfield Way 12/16/2004 $1 0.1 Custom 2,682 0.27 5 2-1
R 32 Plantingfield Way 9/12/2022 $2,800,000 0.1 Custom 2,446 0.48 4 2-1
S 22 Plantingfield Way 9/2/1987 $0 0.1 Ranch 1,664 0.24 3 2-0
T 17 Mill Street Unit 19-E 7/10/2022 $765,000 0.1 Motel Condo 1,173 0 2 1-1
U 17 Mill Street Unit 20-E 9/28/2016 $223,000 0.1 Motel Condo 470 0 1 1-1
V 17 Mill Street Unit 21-E 10/31/2017 $1 0.1 Motel Condo 689 0 2 1-1
W 15 Mill Street Unit 22-F 8/5/2019 $0 0.1 Motel Condo 497 0 1 1-1
X 15 Mill Street Unit 23-F 5/11/2022 $320,000 0.1 Motel Condo 472 0 1 1-1
Y 15 Mill Street Unit 24-F 5/19/2022 $815,000 0.1 Motel Condo 279 0 1 1-1
Z 15 Mill Street Unit 25-F 12/21/2020 $165,000 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 26-F 10/9/2020 $130,025 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 27-F 11/29/1990 $1 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 28-F 1/1/1978 $0 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 29-F 5/29/2024 $523,000 0.1 Motel Condo 497 0 1 1-1
- 15 Mill Street Unit 30-F 3/27/2022 $100 0.1 Motel Condo 472 0 1 1-1
- 15 Mill Street Unit 31-F 6/29/2022 $260,000 0.1 Motel Condo 279 0 1 1-1
- 15 Mill Street Unit 32-F 1/10/1989 $1 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 33-F 8/1/1977 $0 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 34-F 9/29/2020 $164,000 0.1 Motel Condo 478 0 1 1-1
- 15 Mill Street Unit 35-F 11/1/2017 $154,000 0.1 Motel Condo 478 0 1 1-1
- 7 Mill Street Unit 36-G 7/31/2018 $140,150 0.1 Motel Condo 335 0 1 1-1
- 13 Pierce Lane 11/1/2022 $1,675,000 0.1 Standard Basic 1,342 0.05 2 2-0
- 15 Sheriffs Way 10/2/1998 $510,000 0.1 Custom 1,780 0.2 3 2-0
- 14 Pierce Lane 5/26/2000 $800,000 0.1 Cape Cod 1,706 0.22 3 2-1
- 11 Cottle Lane 11/4/2021 $2,027,000 0.1 Colonial 1,570 0.15 3 2-0
- 18 Plantingfield Way 8/28/2001 $1 0.1 Cape Cod 1,063 0.18 3 1-1
- 5 Silva Street 4/17/1986 $1 0.1 Ranch 1,039 0.14 2 1-0
- 45 Plantingfield Way 3/29/1979 $0 0.1 Cape Cod 2,337 0.39 4 2-0
- 6 Silva Street 8/1/2007 $1,350,000 0.1 Cape Cod 2,272 0.16 5 4-0
- 9 Pierce Lane 2/12/2020 $9,000,000 0.1 Estate 0.76 8 9-3
- 38 Plantingfield Way 2/7/2013 $1,250,000 0.1 Custom 3,428 0.52 4 4-0
- 11 Sheriffs Lane 12/19/2012 $1 0.1 Cape Cod 1,271 0.24 2 2-0
- 21 Mill Street 3/28/2018 $1 0.1 Standard Basic 1,301 0.22 4 1-0
- 16 Mill Street 12/1/2023 $3,200,000 0.1 Custom 2,090 0.11 3 2-0
- 10 Shurtleffs Way 6/3/2019 $2,300,000 0.1 Custom 2,965 0.32 5 4-0
- 5 Cottle Lane 10/27/2016 $1,670,000 0.1 Standard Plus 2,327 0.21 3 3-0
- 3 Mill Street 2/16/2005 $1 0.1 Colonial 1,825 0.14 3 2-0
- 8 Cottle Lane 12/29/2015 $1 0.1 Cape Cod 1,744 0.13 3 2-1
- 10 Wilbur Lane 12/26/2012 $1 0.1 Custom 958 0.53 2 2-0
- 8 Pierce Lane 10/24/2014 $1,700,000 0.1 Custom 1,640 0.09 3 3-1
- 10 Plantingfield Way 5/8/1998 $1 0.1 Custom 2,368 0.13 3 3-0
- 12 Wilbur Lane 12/26/2012 $1 0.1 Outbuildings 0.49 -
- 47 Dock Street 12/5/2008 $1 0.1 Vacant Land 0.01 -
- 9 Silva Street 12/26/1986 $208,000 0.1 Cape Cod 1,976 0.18 3 1-0
- 11 Wilbur Lane 12/26/2012 $1 0.1 Vacant Land 0.06 -
- 4 Cottle Lane 5/27/2021 $4,195,000 0.1 Historical Custom 3,812 0.23 5 4-1
- 10 Silva Street 10/14/1970 $0 0.1 Bungalow 1,064 0.21 2 1-0
- 25 Mill Street 11/19/2009 $1,510,000 0.1 Custom 0.18 3 2-1
- 8 Plantingfield Way 9/28/2012 $900,000 0.1 Historical Custom 0.16 3 3-0
- 51 Plantingfield Way 6/25/1965 $0 0.1 Vacant Land 2.3 -
- 46 Peases Point Way North 11/19/2014 $1 0.1 Custom 1,534 0.23 3 2-0
- 7 Sheriffs Lane 1/1/1900 $0 0.1 Custom 3,082 0.98 5 3-1
- 14 Shurtleffs Way 6/11/2021 $1 0.1 Custom 2,521 0.27 3 2-0
- 26 Mill Street 5/8/1998 $82,500 0.1 Outbuildings 0.13 -
- 9 Wilbur Lane 4/30/2012 $1,900,000 0.1 Custom 4,195 0.71 6 5-1
- 2 Pierce Lane 4/20/2018 $1 0.1 Historical Custom 3,177 0.19 5 7-0
- 11 Shurtleffs Way 2/18/2015 $400,000 0.1 Colonial 3,228 0.77 2 2-0
- 1 Pierce Lane 5/17/2017 $3,175,000 0.1 Historical Custom 2,704 0.28 4 4-0
Averages 5969 days $1,091,882 0.09 --- 1,446 0.26 --- ---  
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
20 B 37 12 27 Pierce Lane