2 Pierce Ln Edgartown, MA 02539
Edgartown Neighborhood
5
Beds
8
Baths
5,658
Sq Ft
7,841
Sq Ft Lot
About This Home
As of January 2018Note: $100,000 in furnishings not reflected in sales price. LUXE IN-TOWN LIVING: SOPHISTICATED + CHIC RETREAT. Beyond the facade of this classically styled and meticulously restored 1870's Greek Revival is a chic and sophisticated retreat that transcends all expectations. Fresh, modern styling has been artfully layered within the classic historic architecture -- and superbly executed with impeccable quality and top-notch craftsmanship. A sleek floating staircase with cable railing, coffered ceilings, reclaimed knotted oak floors with Rubio finish, 12-zone Sonos sound system, custom millwork, moldings, cabinetry and built-ins -- plus gorgeous custom stone, marble and tile work throughout -- are just some of the features that set this home in a class of its own. Three floors of living space, perfectly designed for easy and luxurious living and entertaining, expand during the summer months to include a large mahogany deck, an expansive bluestone terrace, a beautiful 15x30-foot gunite pool and Pool House with wet bar and half bath. This property is being offered WITH FURNISHINGS . . . a TURNKEY opportunity for luxurious in-town living in the heart of historic Edgartown Village and easy access to village shops, restaurants, the harbor and beaches.
Last Agent to Sell the Property
Wendy Harman
Compass | Point B Listed on: 10/21/2016
Last Buyer's Agent
Wendy Harman
Compass | Point B Listed on: 10/21/2016
Home Details
Home Type
Single Family
Est. Annual Taxes
$13,306
Year Built
1870
Lot Details
0
Listing Details
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Co List Office Mls Id: 811
- Special Features: None
- Year Built: 1870
Interior Features
- Appliances: Stove: 6-Burner Wolf® Cooktop with Wolf® Double Wall Ovens, Washer: (2) Electrolux® HE Front Loading
- Has Basement: The walk-out lower level is comprised of a Lounge/Bar area with wet bar features used brick floors and retractable Marvin doors that connect to the outdoor pool and terrace area. There is also a Media Room with surround sound and tiered theatre seating, a large bedroom with en suite bath, a bonus room (perfect for in-home office or den) and laundry room.
- Full Bathrooms: 7
- Half Bathrooms: 1
- Total Bedrooms: 5
- Fireplace Features: Two (2) Gas Fireplaces
- Interior Amenities: A,AC,Ins,Irr,Media,OSh, Floor 1: The first floor is comprised of a dramatic and open loft-like living space that has been well-designed for easy living and entertaining. The Living/Lounge area complements multiple seating areas and is anchored by a handsome gas fireplace. There are multiple dining areas as well -- including a formal dining area, a casual dining area with a built-in window seat PLUS counter seating for six at the large center island that anchors the gorgeous, state-of-the-art and fully equipped gourmet cook's kitchen. There is also a small private office and full bath located off the main foyer., Floor 2: The second floor is comprised of four bedrooms, each with en suite bath -- including a luxurious Master Bedroom Suite with gas fireplace, spa-like bath, office area and private second-story deck that overlooks the pool. A second laundry room is also located on the second floor., Floor 3: N/A
- Total Bedrooms: 11
Exterior Features
- Pool Private: No
- Foundation Details: Poured Concrete
- Other Structures: There is a detached Pool House with sink, mini fridge, separate ice maker -- as well as a half bath.
Garage/Parking
- Parking Features: One-Car Garage + Off-Street Parking For Three (3) Cars
Utilities
- Sewer: Twn
- Utilities: Cbl
- Water Source: Town
Lot Info
- Lot Size Sq Ft: 8276
- Land Lease Expiration Date: 2017-10-31
- Zoning: R5
Multi Family
- Number Of Units Furnished: Unfurnished
Tax Info
- Tax Annual Amount: 7030
- Tax Lot: 77
- Tax Map Number: 20D
- Tax Other Annual Assessment Amount: 1081100
- Tax Year: 2016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 20, 2018
Sold by
Moncton Ft
Bought by
Pease & Pierce Llc
Current Estimated Value
Purchase Details
Listed on
Oct 22, 2016
Closed on
Jan 12, 2018
Sold by
Thc Llc
Bought by
Moncton Ft
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Wendy Harman
Compass Massachusetts, LLC
List Price
$5,499,000
Sold Price
$4,725,000
Premium/Discount to List
-$774,000
-14.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Purchase Details
Listed on
Apr 10, 2014
Closed on
Feb 11, 2015
Sold by
2 Pierce Lane Llc
Bought by
Thc Llc
Seller's Agent
Wendy Harman
Point B Realty
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$1,849,000
Sold Price
$1,300,000
Premium/Discount to List
-$549,000
-29.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.57%
Original Mortgage
$2,065,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 28, 2009
Sold by
Wolff James A and Wolff Janet L
Bought by
James A Wolff T and Wolff James A
Purchase Details
Closed on
Sep 26, 2006
Sold by
Residenc James A Wolff and Wolff James A
Bought by
Wolff James A and Wolff Janet L
Purchase Details
Closed on
Sep 25, 2003
Sold by
Wolff James A
Bought by
Residenc James A Wolff
Similar Homes in Edgartown, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $4,625,000 | -- | |
| Not Resolvable | $1,300,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,950,000 | No Value Available | |
| Previous Owner | $2,065,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2018 01/12/18 | Sold | $4,625,000 | -2.1% | $817 / Sq Ft |
| 01/12/2018 01/12/18 | Sold | $4,725,000 | -14.1% | $835 / Sq Ft |
| 10/31/2017 10/31/17 | Pending | -- | -- | -- |
| 10/31/2017 10/31/17 | Pending | -- | -- | -- |
| 10/22/2016 10/22/16 | For Sale | $5,499,000 | +0.9% | $972 / Sq Ft |
| 10/21/2016 10/21/16 | For Sale | $5,450,000 | +319.2% | $963 / Sq Ft |
| 02/11/2015 02/11/15 | Sold | $1,300,000 | -29.7% | $517 / Sq Ft |
| 11/07/2014 11/07/14 | Pending | -- | -- | -- |
| 04/10/2014 04/10/14 | For Sale | $1,849,000 | -- | $735 / Sq Ft |
Source: LINK (Vineyard)
Tax History Compared to Growth
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 | $13,306 | $5,021,300 | $1,397,900 | $3,623,400 |
| 2024 | $11,470 | $4,497,900 | $1,397,900 | $3,100,000 |
| 2023 | $11,458 | $4,546,800 | $1,344,900 | $3,201,900 |
| 2022 | $13,288 | $4,385,600 | $1,290,600 | $3,095,000 |
| 2021 | $12,399 | $3,780,100 | $1,160,900 | $2,619,200 |
| 2020 | $11,473 | $3,424,800 | $1,111,500 | $2,313,300 |
| 2019 | $13,673 | $3,533,000 | $1,049,800 | $2,483,200 |
| 2018 | $12,561 | $3,245,700 | $1,021,100 | $2,224,600 |
| 2017 | $7,030 | $1,980,400 | $1,081,100 | $899,300 |
| 2016 | $7,651 | $2,113,400 | $1,081,100 | $1,032,300 |
| 2015 | $7,140 | $2,057,600 | $961,300 | $1,096,300 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2018
Wendy Harman
Compass | Point B
-
N
Buyer's Agent in 2015
Non Member
mv.unknownoffice
Map
Source: LINK (Vineyard)
MLS Number: 31207
APN: EDGA-000020D-000077
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