22 Pierce Lane, Edgartown, MA 02539

Owner Information
Owner 1
Henry W F Smith
Owner 2
Patricia F Smith Ozek
Owner's Address
C/O Patricia Smith, 331 Hunnewell St Needham, MA 02494
Market Sale Information
Most recent sale date
1/30/1998
Previous sale date
10/22/1993
Transfer document #
0720-0014
Previous transfer document
0617-0104
Grantor
Prentice K Smith
Previous grantor
Prentice K Smith
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
20-B-39
Lot Size
0.33
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
9
Stories
1.75
Number of Beds
5
Year Built
1920
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1625
Number of Kitchen
Gross Living Area
2654
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
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,519,600.00
Total value
$2,400,600.00
Building value
$867,300.00
Estimated tax
$6,121.00
Yard improvement value
$13,700.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 22 Pierce Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Custom Age 1920 Rooms 9 Bedrooms 5 Full baths 2 Half baths 0 Gross Living Area 2654 Heating Fuel Oil Detached Garage Lot Size 0.33 Roof Cover Asph/F Gls/Cmp AEM Value - Building $867,300.00 AEM Value - Land $1,519,600.00 AEM Value - Other $13,700.00 AEM Value - Total $2,400,600.00
A) 53 Peases Point Way North 0.1 9/3/2024 $2,500,000 1,512 2 $1653.44 Custom 1928 8 4 2 0 2449 Oil 0.11 Asph/F Gls/Cmp $743,800 $953,400 $800 $1,698,000
B) 18 Pent Lane 0.2 10/2/2024 $3,750,000 1,672 2 $2242.82 Historical Custom 1820 8 4 3 0 1846 Gas 0.12 Asph/F Gls/Cmp $738,200 $1,535,000 $10,000 $2,283,200
C) 37 West Tisbury Road 0.4 9/27/2024 $2,395,000 1,803 2 $1328.34 Cape Cod 1930 5 3 3 0 3348 Gas 0.14 Asph/F Gls/Cmp $835,900 $473,000 $0 $1,308,900
D) 10 High Street 0.4 5/10/2024 $3,000,000 1,748 2 $1716.25 Custom 1915 3 1 1 2696 Oil 0.15 Asph/F Gls/Cmp $896,900 $1,601,700 $4,400 $2,503,000
E) 99 South Summer Street 0.5 9/24/2024 $3,875,000 1,800 1.75 $2152.78 Cape Cod 1973 3 2 0 3834 Electric 0.31 Asph/F Gls/Cmp $720,100 $1,852,600 $3,900 $2,576,600
F) 119 South Water Street 0.5 10/2/2024 $3,860,000 1,949 1.5 $1980.50 Custom 1850 4 2 1 3113 Gas 0.36 Wood Shingle $1,293,000 $1,874,600 $4,000 $3,171,600
G) 2 Marchants Path 0.6 9/17/2024 $1,550,000 1,809 1.75 $856.83 Cape Cod 1985 5 3 2 0 2716 Gas 0.5 Asph/F Gls/Cmp $606,000 $571,200 $4,900 $1,182,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 22 Pierce Lane 1/30/1998 $1 0 Custom 1,625 0.33 5 2-0 -
  Criteria
A 53 Peases Point Way North 9/3/2024 $2,500,000 0.1 Custom 1,512 0.11 4 2-0
B 18 Pent Lane 10/2/2024 $3,750,000 0.2 Historical Custom 1,672 0.12 4 3-0
C 37 West Tisbury Road 9/27/2024 $2,395,000 0.4 Cape Cod 1,803 0.14 3 3-0
D 10 High Street 5/10/2024 $3,000,000 0.4 Custom 1,748 0.15 3 1-1
E 99 South Summer Street 9/24/2024 $3,875,000 0.5 Cape Cod 1,800 0.31 3 2-0
F 119 South Water Street 10/2/2024 $3,860,000 0.5 Custom 1,949 0.36 4 2-1
G 2 Marchants Path 9/17/2024 $1,550,000 0.6 Cape Cod 1,809 0.5 3 2-0
Averages 33 days $2,990,000 0.38 --- 1,756 0.24 --- ---  

Estimation of Market Value - $3,089,641

As of today, 10/06/2024, the estimated market value of 22 Pierce Lane, Edgartown considering the above 7 comparable properties is $3,089,641.

 

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
  • 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
@ 22 Pierce Lane 1/30/1998 $1 0 Custom 1,625 0.33 5 2-0 -
  Criteria
A 12 Cottle Lane 5/11/2021 $1 0.0 Historical Custom 2,244 0.29 4 2-1
B 28 Pierce Lane 5/19/2016 $670,000 0.0 Bungalow 495 0.1 2 1-0
C 11 Cottle Lane 11/4/2021 $2,027,000 0.0 Colonial 1,570 0.15 3 2-0
D 30 Pierce Lane 4/25/2018 $2,750,000 0.0 Custom 0.39 5 3-1
E 14 Pierce Lane 5/26/2000 $800,000 0.0 Cape Cod 1,706 0.22 3 2-1
F 19 Pierce Lane 11/6/2020 $5,500,000 0.0 Estate 0.44 4 6-1
G 23 Pierce Lane 2/1/2010 $1 0.0 Cape Cod 2,264 0.27 3 3-1
H 13 Pierce Lane 11/1/2022 $1,675,000 0.0 Standard Basic 1,342 0.05 2 2-0
I 5 Cottle Lane 10/27/2016 $1,670,000 0.0 Standard Plus 2,327 0.21 3 3-0
J 25 Pierce Lane 7/30/2021 $8,175,000 0.0 Estate 0.23 4 5-2
K 0 Pierce Lane 2/1/2010 $1 0.0 Vacant Land 0.03 -
L 8 Cottle Lane 12/29/2015 $1 0.0 Cape Cod 1,744 0.13 3 2-1
M 3 Mill Street 2/16/2005 $1 0.0 Colonial 1,825 0.14 3 2-0
N 17 Plantingfield Way 1/31/2003 $1,500,000 0.0 Custom 2,386 0.24 2 3-0
O 8 Pierce Lane 10/24/2014 $1,700,000 0.1 Custom 1,640 0.09 3 3-1
P 4 Cottle Lane 5/27/2021 $4,195,000 0.1 Historical Custom 3,812 0.23 5 4-1
Q 17 Mill Street Unit 19-E 7/10/2022 $765,000 0.1 Motel Condo 1,173 0 2 1-1
R 17 Mill Street Unit 20-E 9/28/2016 $223,000 0.1 Motel Condo 470 0 1 1-1
S 17 Mill Street Unit 21-E 10/31/2017 $1 0.1 Motel Condo 689 0 2 1-1
T 15 Mill Street Unit 22-F 8/5/2019 $0 0.1 Motel Condo 497 0 1 1-1
U 15 Mill Street Unit 23-F 5/11/2022 $320,000 0.1 Motel Condo 472 0 1 1-1
V 15 Mill Street Unit 24-F 5/19/2022 $815,000 0.1 Motel Condo 279 0 1 1-1
W 15 Mill Street Unit 25-F 12/21/2020 $165,000 0.1 Motel Condo 478 0 1 1-1
X 15 Mill Street Unit 26-F 10/9/2020 $130,025 0.1 Motel Condo 478 0 1 1-1
Y 15 Mill Street Unit 27-F 11/29/1990 $1 0.1 Motel Condo 478 0 1 1-1
Z 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
- 21 Plantingfield Way 1/22/2013 $1,130,000 0.1 Standard Plus 3,971 0.5 5 5-1
- 9 Pierce Lane 2/12/2020 $9,000,000 0.1 Estate 0.76 8 9-3
- 27 Pierce Lane 4/24/2023 $7,800,000 0.1 Historical Custom 3,910 0.28 5 4-1
- 46 Peases Point Way North 11/19/2014 $1 0.1 Custom 1,534 0.23 3 2-0
- 47 Dock Street 12/5/2008 $1 0.1 Vacant Land 0.01 -
- 16 Mill Street 12/1/2023 $3,200,000 0.1 Custom 2,090 0.11 3 2-0
- 33 Pierce Lane 1/21/2011 $1,450,000 0.1 Custom 2,039 0.5 3 3-1
- 2 Pierce Lane 4/20/2018 $1 0.1 Historical Custom 3,177 0.19 5 7-0
- 19 Sheriffs Lane 2/21/1995 $112,500 0.1 Vacant Land 0.23 -
- 13 Sheriffs Lane 7/18/2012 $1 0.1 Standard Plus 1,404 0.23 2 2-0
- 15 Sheriffs Way 10/2/1998 $510,000 0.1 Custom 1,780 0.2 3 2-0
- 27 Plantingfield Way 9/25/2014 $1 0.1 Standard Basic 1,085 0.14 2 2-0
- 1 Pierce Lane 5/17/2017 $3,175,000 0.1 Historical Custom 2,704 0.28 4 4-0
- 11 Sheriffs Lane 12/19/2012 $1 0.1 Cape Cod 1,271 0.24 2 2-0
- 22 Plantingfield Way 9/2/1987 $0 0.1 Ranch 1,664 0.24 3 2-0
- 10 Plantingfield Way 5/8/1998 $1 0.1 Custom 2,368 0.13 3 3-0
- 18 Plantingfield Way 8/28/2001 $1 0.1 Cape Cod 1,063 0.18 3 1-1
- 21 Mill Street 3/28/2018 $1 0.1 Standard Basic 1,301 0.22 4 1-0
- 74 Simpsons Lane 12/25/2008 $5,000,000 0.1 Employee Housng 4,252 0.12 7 7-0
- 4 Sheriffs Lane 9/10/2020 $4,400,000 0.1 Custom 4,735 0.27 5 6-0
- 8 Plantingfield Way 9/28/2012 $900,000 0.1 Historical Custom 0.16 3 3-0
- 35 Plantingfield Way 9/20/1999 $1,200,000 0.1 Estate 5,024 1.03 4 4-1
- 67 Winter Street 12/25/2008 $5,000,000 0.1 Employee Housng 7,308 0.37 9 15-0
- 28 Plantingfield Way 12/16/2004 $1 0.1 Custom 2,682 0.27 5 2-1
- 68 Winter Street Unit 1 9/7/2019 $557,000 0.1 Motel Condo 454 0 1 1-1
- 68 Winter Street Unit 2 7/9/2019 $550,000 0.1 Motel Condo 481 0 1 1-1
- 68 Winter Street Unit 3 6/16/2023 $805,000 0.1 Motel Condo 481 0 1 1-1
- 68 Winter Street Unit 4 11/15/2020 $620,000 0.1 Motel Condo 454 0 1 1-1
- 68 Winter Street Unit 5 12/15/2019 $580,000 0.1 Motel Condo 481 0 1 1-1
- 68 Winter Street Unit 6 3/24/2022 $1 0.1 Motel Condo 481 0 1 1-1
- 7 Sheriffs Lane 1/1/1900 $0 0.1 Custom 3,082 0.98 5 3-1
- 72 Simpsons Lane 12/26/2008 $5,000,000 0.1 Outbuildings 0.12 -
- 6 Silva Street 8/1/2007 $1,350,000 0.1 Cape Cod 2,272 0.16 5 4-0
- 4 Plantingfield Way 2/8/2019 $2,275,000 0.1 Custom 2,317 0.19 5 3-1
- 26 Mill Street 5/8/1998 $82,500 0.1 Outbuildings 0.13 -
- 17 Peases Point Way North 10/18/2019 $2,950,000 0.1 Cape Cod 3,643 0.28 4 3-1
- 53 Peases Point Way North 9/3/2024 $2,500,000 0.1 Custom 1,512 0.11 4 2-0
- 7 Oliver Street 12/20/2012 $1 0.1 Cape Cod 2,364 0.18 3 3-1
- 26 Church Street 7/20/2017 $1 0.1 Apt/Office 0.24 2-
- 5 Silva Street 4/17/1986 $1 0.1 Ranch 1,039 0.14 2 1-0
- 25 Mill Street 11/19/2009 $1,510,000 0.1 Custom 0.18 3 2-1
- 99-99A Main Street 3/26/1984 $1 0.1 Office Bldg 2.36 3-
- 32 Plantingfield Way 9/12/2022 $2,800,000 0.1 Custom 2,446 0.48 4 2-1
- 35 Church Street 6/14/1963 $0 0.1 Vacant Land 0.13 -
- 10 Wilbur Lane 12/26/2012 $1 0.1 Custom 958 0.53 2 2-0
- 70 Simpsons Lane 5/6/2021 $10 0.1 Ranch 1,104 0.19 3 2-0
- 63 Winter Street Unit 11 10/19/2004 $1 0.1 Condo Office 1,483 0 0-0
- 63 Winter Street Unit 12 10/19/2004 $1 0.1 Condo Office 1,805 0 0-0
- 61 Winter Street 6/10/2022 $1,100,000 0.1 Condominium 1,169 0 2 1-1
- 59 Peases Point Way North 11/2/1961 $0 0.1 Telephone Bldg 0.41 1-
- 10 Peases Point Way North 7/8/2022 $100 0.1 Cape Cod 1,590 0.09 3 3-1
- 30 Mill Street 8/10/2020 $1,350,000 0.1 Ranch 1,465 0.21 4 1-1
- 74 Peases Point Way North 7/12/2019 $1 0.1 Custom 3,982 0.59 4 6-1
- 67 Simpsons Lane 7/30/2024 $1,350,000 0.1 Standard Basic 840 0.06 2 1-0
- 29 Church Street $0 0.1 Other Municip 0.17 2-
- 10 Silva Street 10/14/1970 $0 0.1 Bungalow 1,064 0.21 2 1-0
- 32 Mill Street 10/27/1995 $1 0.1 Standard Plus 920 0.24 2 1-0
- 39 Plantingfield Way 3/15/2023 $14,000,000 0.1 Custom 6,345 1.1 4 4-2
- 24 Church Street Lot 2 10/18/1982 $1 0.1 Vacant Land 0.05 -
- 9 Silva Street 12/26/1986 $208,000 0.1 Cape Cod 1,976 0.18 3 1-0
- 63 Peases Point Way North 2/18/2022 $5,600,000 0.1 Colonial 2,768 0.18 5 4-1
Averages 5504 days $1,288,278 0.08 --- 1,439 0.21 --- ---  
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 39 22 Pierce Lane