$5,500,000
SOLD NOV 6, 2020

19 Pierce Ln Edgartown, MA 02539

Edgartown Neighborhood
4 Beds
7 Baths
7,516 Sq Ft
0.44 Acres

Recently Sold

$732 Per Sq Ft

12% Below List Price

486 Days on Market

About This Home

As of November 2020

Located on charming and quiet Pierce Lane yet only blocks from the activities of downtown Edgartown, lies this grand and distinctively styled 5-bedroom residence. The 8,500 square feet of well appointed living space features a 2-story entrance foyer with grand staircase, large living room with fireplace, a gourmet kitchen with eat-in area, dining room and TV room/den with fireplace. The above-mentioned room all have French doors leading to covered porches, one with fireplace and one with built-in exterior grill. There is a ground floor bedroom and four 2nd floor bedrooms, all with private baths. The luxurious master suite has a fireplace as well as a private deck with exterior fireplace. The lower level offers a boat themed billiard/game room with bar, theatre room and large exercise room with sauna, steam shower and full bath. This level also offers interior entrance to a finished 2-car garage. The residence is in excellent condition and lies behind mature tall privets on the street side, while offering a large rear private yard with swimming pool, Jacuzzi and water view of Vineyard Sound. One must see this property to appreciate all that it offers.

Last Agent to Sell the Property

Gerrett Conover

Landvest MV Listed on: 05/31/2019

Last Buyer's Agent

Thomas Leclair

Landvest MV

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,315

Year Built

2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 786
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Appliances: Stove: Viking Gas, Washer: Maytag
  • Has Basement: Full, finished basement with studio/fitness room, sauna & steam room, large recreation room with full bar, pool table and home theatre
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 4
  • Interior Amenities: A,AC,Ins,Irr,Media, Floor 1: A sprawling first floor with tall ceilings, hardwood floors and multiple sitting rooms. A bright and sunny formal living room with powder room, fireplace, and French doors lead to a covered terrace overlooking the pool area. A top of the line kitchen with center island, Viking appliances, custom cabinetry and seating for six flows from the living room. A spacious formal dining room has seating for ten and is designed with a wall of French doors that open to a covered porch with fireplace. Lastly, an executive office and library with TV and fireplace complete the first floor., Floor 2: A grand staircase from the front foyer leads to a large sitting area with wet bar and 4 bedroom suites. The impressive master suite has four sets of French doors leading to a private balcony, his and her closets, a private master bath and fireplace. Three other spacious guest suites with private baths are located down the hallway.
  • Total Bedrooms: 11

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured concrete

Garage/Parking

  • Parking Features: Ample driveway parking

Utilities

  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 19166
  • Land Lease Expiration Date: 2021-04-30
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 15568.62
  • Tax Lot: 43
  • Tax Map Number: 20B
  • Tax Other Annual Assessment Amount: 1227800
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Oct 26, 2020
Sold by
Janis L Krums Irt
Bought by
Maccowatt Thomas H and Maccowatt Anne L
Seller's Agent
Gerret Conover
LandVest MV
Buyer's Agent
Gerret Conover
LandVest MV
List Price
$5,925,000
Sold Price
$5,500,000
Premium/Discount to List
-$425,000
-7.17%
Current Estimated Value
$8,181,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,681,539
Avg. Annual Appreciation
10.18%
Original Mortgage
$3,300,000
Outstanding Balance
$2,965,682
Interest Rate
2.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,693,274

Purchase Details

Closed on
Dec 26, 2012
Sold by
Krums-Kane Elita
Bought by
Janis Krums Irt

Purchase Details

Closed on
Aug 20, 2001
Sold by
Behr Frederic H and Behr Peter V
Bought by
Kane Daniel and Krums Elita
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $5,500,000 None Available
Deed -- --
Deed $1,425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,300,000 Purchase Money Mortgage
Previous Owner $210,000 No Value Available
Previous Owner $20,000 No Value Available
Previous Owner $10,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $5,500,000 0.0% $732 / Sq Ft
11/06/2020 11/06/20 Sold $5,500,000 -7.2% $733 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $5,925,000 -5.2% $790 / Sq Ft
05/31/2019 05/31/19 For Sale $6,250,000 -- $832 / Sq Ft
Source: LINK (Vineyard)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,315 $8,043,400 $1,890,300 $6,153,100
2024 $19,120 $7,498,200 $1,890,300 $5,607,900
2023 $18,265 $7,247,900 $1,920,600 $5,327,300
2022 $16,373 $5,403,500 $1,425,400 $3,978,100
2021 $14,988 $4,569,400 $1,282,300 $3,287,100
2020 $15,125 $4,514,900 $1,227,800 $3,287,100
2019 $17,208 $4,446,600 $1,159,500 $3,287,100
2018 $16,080 $4,101,100 $1,159,500 $2,941,600
2017 $15,377 $4,331,500 $1,227,800 $3,103,700
2016 $14,396 $3,976,900 $1,227,800 $2,749,100
2015 $13,785 $3,972,600 $1,223,500 $2,749,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gerret Conover

    LandVest MV

    (508) 627-0177

    27 in this area

    31 Total Sales

    Gerret Conover
    Section Image

  • G

    Seller's Agent in 2020

    Gerrett Conover

    Landvest MV

  • T

    Seller Co-Listing Agent in 2020

    Thomas Leclair

    LandVest MV

    (508) 627-0177

    19 in this area

    21 Total Sales

    Thomas Leclair
    Section Image
See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 35295

APN: EDGA-000020B-000043

Massachusetts Dukes County Edgartown 02539 Edgartown

19 Pierce Ln, Edgartown, MA

This home is located at 19 Pierce Ln, Edgartown, MA 02539 and is currently priced at $5,500,000, approximately $731 per square foot. This property was built in 2002. 19 Pierce Ln is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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