8 Pierce Lane, Edgartown, MA 02539

8 Pierce Lane Edgartown MA 02539
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Owner Information
Owner 1
Jeffrey S Blecher & Jennifer
Owner 2
Owner's Address
86 Chestnut St Boston, MA 02108
Market Sale Information
Most recent sale date
10/24/2014
Previous sale date
10/12/2007
Transfer document #
1360-0336
Previous transfer document
1133-0479
Grantor
Peter K Behnke
Previous grantor
Patricia E Shakshober
Most recent sale price
$1,700,000.00
Previous sale price
$980,000.00
Site Information
Property ID
20-D-76
Lot Size
0.09
Use Code
101 - Residential, single family
Zoning
R5
Building Style
Custom
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1958
Number of full baths
3
Condition
Number of half baths
1
Finished Area
1640
Number of Kitchen
Gross Living Area
2944
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Wood Shingle
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,152,100.00
Total value
$2,878,900.00
Building value
$1,722,300.00
Estimated tax
$7,341.00
Yard improvement value
$4,500.00
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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 8 Pierce Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,036.59 Style Custom Age 1958 Rooms 6 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 2944 Heating Fuel Electric Detached Garage Lot Size 0.09 Roof Cover Wood Shingle AEM Value - Building $1,722,300.00 AEM Value - Land $1,152,100.00 AEM Value - Other $4,500.00 AEM Value - Total $2,878,900.00
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) 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
D) 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
E) 99 South Summer Street 0.4 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
@ 8 Pierce Lane 10/24/2014 $1,700,000 0 Custom 1,640 0.09 3 3-1 -
  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 10 High Street 5/10/2024 $3,000,000 0.4 Custom 1,748 0.15 3 1-1
D 37 West Tisbury Road 9/27/2024 $2,395,000 0.4 Cape Cod 1,803 0.14 3 3-0
E 99 South Summer Street 9/24/2024 $3,875,000 0.4 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 0.37 --- 1,756 0.24 --- ---  

Estimation of Market Value - $3,442,373

As of today, 10/06/2024, the estimated market value of 8 Pierce Lane, Edgartown considering the above 7 comparable properties is $3,442,373.

 

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
@ 8 Pierce Lane 10/24/2014 $1,700,000 0 Custom 1,640 0.09 3 3-1 -
  Criteria
A 46 Peases Point Way North 11/19/2014 $1 0.0 Custom 1,534 0.23 3 2-0
B 2 Pierce Lane 4/20/2018 $1 0.0 Historical Custom 3,177 0.19 5 7-0
C 5 Cottle Lane 10/27/2016 $1,670,000 0.0 Standard Plus 2,327 0.21 3 3-0
D 14 Pierce Lane 5/26/2000 $800,000 0.0 Cape Cod 1,706 0.22 3 2-1
E 13 Pierce Lane 11/1/2022 $1,675,000 0.0 Standard Basic 1,342 0.05 2 2-0
F 11 Cottle Lane 11/4/2021 $2,027,000 0.0 Colonial 1,570 0.15 3 2-0
G 1 Pierce Lane 5/17/2017 $3,175,000 0.0 Historical Custom 2,704 0.28 4 4-0
H 9 Pierce Lane 2/12/2020 $9,000,000 0.0 Estate 0.76 8 9-3
I 4 Cottle Lane 5/27/2021 $4,195,000 0.0 Historical Custom 3,812 0.23 5 4-1
J 74 Simpsons Lane 12/25/2008 $5,000,000 0.0 Employee Housng 4,252 0.12 7 7-0
K 8 Cottle Lane 12/29/2015 $1 0.0 Cape Cod 1,744 0.13 3 2-1
L 67 Winter Street 12/25/2008 $5,000,000 0.0 Employee Housng 7,308 0.37 9 15-0
M 19 Pierce Lane 11/6/2020 $5,500,000 0.0 Estate 0.44 4 6-1
N 4 Sheriffs Lane 9/10/2020 $4,400,000 0.0 Custom 4,735 0.27 5 6-0
O 72 Simpsons Lane 12/26/2008 $5,000,000 0.0 Outbuildings 0.12 -
P 22 Pierce Lane 1/30/1998 $1 0.1 Custom 1,625 0.33 5 2-0
Q 53 Peases Point Way North 9/3/2024 $2,500,000 0.1 Custom 1,512 0.11 4 2-0
R 3 Mill Street 2/16/2005 $1 0.1 Colonial 1,825 0.14 3 2-0
S 12 Cottle Lane 5/11/2021 $1 0.1 Historical Custom 2,244 0.29 4 2-1
T 68 Winter Street Unit 1 9/7/2019 $557,000 0.1 Motel Condo 454 0 1 1-1
U 68 Winter Street Unit 2 7/9/2019 $550,000 0.1 Motel Condo 481 0 1 1-1
V 68 Winter Street Unit 3 6/16/2023 $805,000 0.1 Motel Condo 481 0 1 1-1
W 68 Winter Street Unit 4 11/15/2020 $620,000 0.1 Motel Condo 454 0 1 1-1
X 68 Winter Street Unit 5 12/15/2019 $580,000 0.1 Motel Condo 481 0 1 1-1
Y 68 Winter Street Unit 6 3/24/2022 $1 0.1 Motel Condo 481 0 1 1-1
Z 70 Simpsons Lane 5/6/2021 $10 0.1 Ranch 1,104 0.19 3 2-0
- 23 Pierce Lane 2/1/2010 $1 0.1 Cape Cod 2,264 0.27 3 3-1
- 67 Simpsons Lane 7/30/2024 $1,350,000 0.1 Standard Basic 840 0.06 2 1-0
- 59 Peases Point Way North 11/2/1961 $0 0.1 Telephone Bldg 0.41 1-
- 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
- 11 Sheriffs Lane 12/19/2012 $1 0.1 Cape Cod 1,271 0.24 2 2-0
- 28 Pierce Lane 5/19/2016 $670,000 0.1 Bungalow 495 0.1 2 1-0
- 15 Sheriffs Way 10/2/1998 $510,000 0.1 Custom 1,780 0.2 3 2-0
- 35 Church Street 6/14/1963 $0 0.1 Vacant Land 0.13 -
- 0 Pierce Lane 2/1/2010 $1 0.1 Vacant Land 0.03 -
- 7 Sheriffs Lane 1/1/1900 $0 0.1 Custom 3,082 0.98 5 3-1
- 61 Simpsons Lane 10/19/2021 $1 0.1 Standard Basic 888 0.07 2 1-0
- 13 Sheriffs Lane 7/18/2012 $1 0.1 Standard Plus 1,404 0.23 2 2-0
- 63 Peases Point Way North 2/18/2022 $5,600,000 0.1 Colonial 2,768 0.18 5 4-1
- 30 Pierce Lane 4/25/2018 $2,750,000 0.1 Custom 0.39 5 3-1
- 74 Peases Point Way North 7/12/2019 $1 0.1 Custom 3,982 0.59 4 6-1
- 51 Winter Street 2/1/1978 $0 0.1 Clubs/Lodges 0.2 3 4-
- 29 Church Street $0 0.1 Other Municip 0.17 2-
- 47 Dock Street 12/5/2008 $1 0.1 Vacant Land 0.01 -
- 60 Winter Street 1/7/2011 $1 0.1 Apt/Office 0.18 2-
- 25 Pierce Lane 7/30/2021 $8,175,000 0.1 Estate 0.23 4 5-2
- 56 North Summer Street 9/15/2022 $100 0.1 Historical Custom 2,981 0.24 3 2-0
- 26 Church Street 7/20/2017 $1 0.1 Apt/Office 0.24 2-
- 19 Sheriffs Lane 2/21/1995 $112,500 0.1 Vacant Land 0.23 -
- 67 Peases Point Way North 1/5/2009 $1 0.1 Colonial 2,080 0.12 3 2-1
- 62 North Summer Street 3/21/2003 $900,000 0.1 Cape Cod 3,809 0.12 4 3-1
- 64 North Summer Street 1/5/1984 $155,000 0.1 Cape Cod 1,170 0.15 1 1-0
- 66 North Summer Street 1/5/1984 $155,000 0.1 Custom 2,435 0.12 4 2-0
- 45 Winter Street 12/23/2021 $4,600,000 0.1 Historical Custom 2,328 0.16 4 4-1
- 17 Mill Street Unit 19-E 7/10/2022 $765,000 0.1 Motel Condo 1,173 0 2 1-1
- 17 Mill Street Unit 20-E 9/28/2016 $223,000 0.1 Motel Condo 470 0 1 1-1
- 17 Mill Street Unit 21-E 10/31/2017 $1 0.1 Motel Condo 689 0 2 1-1
- 15 Mill Street Unit 22-F 8/5/2019 $0 0.1 Motel Condo 497 0 1 1-1
- 15 Mill Street Unit 23-F 5/11/2022 $320,000 0.1 Motel Condo 472 0 1 1-1
- 15 Mill Street Unit 24-F 5/19/2022 $815,000 0.1 Motel Condo 279 0 1 1-1
- 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
- 69 Peases Point Way North 8/28/1981 $1 0.1 Standard Basic 1,260 0.09 2 1-0
- 19 Church Street 11/26/2013 $1,750,000 0.1 Restaurant 0.17 4-
- 34 North Summer Street 9/1/1965 $0 0.1 Churches 0.24 1-
- 99-99A Main Street 3/26/1984 $1 0.1 Office Bldg 2.36 3-
- 17 Plantingfield Way 1/31/2003 $1,500,000 0.1 Custom 2,386 0.24 2 3-0
- 70 North Summer Street 5/20/2015 $1 0.1 Custom 1,830 0.14 4 2-0
- 16 Mill Street 12/1/2023 $3,200,000 0.1 Custom 2,090 0.11 3 2-0
- 26 North Summer Street 4/18/2023 $815,702 0.1 Historical Custom 2,982 0.33 5 4-1
- 24 Church Street Lot 2 10/18/1982 $1 0.1 Vacant Land 0.05 -
- 78 Peases Point Way North 7/10/2014 $1,625,000 0.1 Standard Basic 1,762 0.16 5 4-0
- 74 North Summer Street 7/30/2003 $1,465,000 0.1 Historical Custom 2,492 0.21 4 3-2
- 27 Pierce Lane 4/24/2023 $7,800,000 0.1 Historical Custom 3,910 0.28 5 4-1
- 17 Church Street 4/9/2001 $1,050,000 0.1 Restaurant 0.12 0-
- 21 Plantingfield Way 1/22/2013 $1,130,000 0.1 Standard Plus 3,971 0.5 5 5-1
- 6 Wilbur Lane 4/22/1986 $116,000 0.1 Cape Cod 1,652 0.12 4 2-0
- 54 Morse Street 9/10/2021 $10 0.1 Custom 724 0.35 1 1-0
- 15 Church Street 1/1/1991 $1 0.1 Commercial 0.03 0-
- 17 Peases Point Way North 10/18/2019 $2,950,000 0.1 Cape Cod 3,643 0.28 4 3-1
- 80 North Summer Street 6/17/2003 $1 0.1 Custom 1,634 0.12 3 2-0
- 49 North Summer Street 7/15/2019 $2,925,000 0.1 Custom 2,284 0.1 5 4-1
- 61 North Summer Street 8/31/2010 $1 0.1 Historical Custom 2,143 0.11 5 2-1
- 80 Peases Point Way North 3/5/2015 $1 0.1 Cape Cod 1,429 0.11 4 2-0
- 41 Winter Street 12/20/2018 $1,500,000 0.1 Historical Custom 2,306 0.1 4 2-0
- 10 Wilbur Lane 12/26/2012 $1 0.1 Custom 958 0.53 2 2-0
- 18 North Summer Street 12/27/2012 $1 0.1 Apt/Store 0.19 1 2-
- 33 Pierce Lane 1/21/2011 $1,450,000 0.1 Custom 2,039 0.5 3 3-1
- 82 North Summer Street 6/2/2021 $1 0.1 Custom 1,677 0.16 3 1-0
- 0 Main Street 8/17/1964 $0 0.1 Outbuildings 0.4 -
- 36 Winter Street Unit 3 2/21/2020 $1 0.1 Retail Condo 356 0 1-1
- 10 Plantingfield Way 5/8/1998 $1 0.1 Custom 2,368 0.13 3 3-0
- 65 North Summer Street 2/9/2018 $1 0.1 Custom 2,084 0.35 3 3-0
- 29 Winter Street Unit 22 4/9/2019 $1 0.1 Retail Condo 402 0 0-0
- 29 Winter Street Unit 23 3/3/2017 $250,000 0.1 Retail Condo 357 0 0-0
- 29 Winter Street Unit 24 5/16/2022 $100 0.1 Retail Condo 353 0 0-0
- 29 Winter Street Unit 25 4/17/2014 $160,000 0.1 Retail Condo 343 0 0-0
- 29 Winter Street Unit 26 3/3/2017 $250,000 0.1 Retail Condo 126 0 0-0
- 29 Winter Street Unit 33 7/3/2012 $1 0.1 Condo Office 469 0 0-0
- 29 Winter Street Unit 34 7/3/2012 $1 0.1 Condo Office 288 0 0-0
- 29 Winter Street Unit 35 7/3/2012 $1 0.1 Condo Office 298 0 0-0
- 89 Main Street 4/30/1981 $1 0.1 Auditorium 0.28 2-
- 8 Plantingfield Way 9/28/2012 $900,000 0.1 Historical Custom 0.16 3 3-0
- 9 Wilbur Lane 4/30/2012 $1,900,000 0.1 Custom 4,195 0.71 6 5-1
- 84 Peases Point Way North 5/29/2018 $1 0.1 Custom 1,549 0.13 4 6-
Averages 5613 days $987,417 0.08 --- 1,288 0.18 --- ---  
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 D 76 8 Pierce Lane