1 Azalea Ln Chilmark, MA 02535
Chilmark Neighborhood
5
Beds
3
Baths
2,511
Sq Ft
8
Acres
Highlights
- Tennis Courts
- Waterfront
- Deck
- In Ground Pool
- 8 Acre Lot
- Contemporary Architecture
About This Home
As of November 2020Experience extraordinary waterfront living on one of the finest private beaches along Chilmark's south shore. Mesmerizing water views can be enjoyed from almost every room including the living and dining areas, master bedroom, guest bedrooms, and more. The south facing deck & pool area were designed to capture the essence of the ocean while maintaining absolute privacy. Meticulously landscaped from the driveway entrance to the cliff's edge walking path. An association tennis court is shared with 3 other properties. With a permit to build stairs to the beach, this property now has private direct beach access.
Last Agent to Sell the Property
Wallace & Co. Sotheby's International Realty License #448001319 Listed on: 07/20/2015
Last Buyer's Agent
Non Member
mv.unknownoffice License #0
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,322
Year Built
- Built in 1982
Lot Details
- 8 Acre Lot
- Waterfront
- Property fronts a private road
- Near Conservation Area
- Gentle Sloping Lot
- Wooded Lot
- Garden
Parking
- 1 Car Garage
Home Design
- Contemporary Architecture
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,511 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Partial Basement
- Laundry Room
- Property Views
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Accessible Home Design
- Level Entry For Accessibility
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Tennis Courts
- Deck
- Porch
Utilities
- Heating Available
- Well
- Electric Water Heater
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number CHIL02900500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2020
Closed on
Nov 10, 2020
Sold by
Azalea Real Estate Llc
Bought by
Leff Adam B
Seller's Agent
Mark Jenkins
Wallace & Co. Sotheby's
Buyer's Agent
Mark Jenkins
Wallace & Co. Sotheby's
List Price
$7,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,500,000
-20%
Total Days on Market
317
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,871
Avg. Annual Appreciation
1.45%
Purchase Details
Listed on
Jul 20, 2015
Closed on
Jun 8, 2016
Sold by
Beach Bluff T
Bought by
Azalea Real Estate Llc
Seller's Agent
Thomas Wallace
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$4,950,000
Sold Price
$4,192,000
Premium/Discount to List
-$758,000
-15.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$2,400,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 1982
Bought by
Beach Bluff T
Similar Homes in Chilmark, 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 |
|---|---|---|---|
| Not Resolvable | $6,000,000 | None Available | |
| Deed | $4,192,000 | -- | |
| Deed | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,400,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $6,000,000 | -20.0% | $2,389 / Sq Ft |
| 11/23/2020 11/23/20 | Pending | -- | -- | -- |
| 08/27/2020 08/27/20 | For Sale | $7,500,000 | +78.9% | $2,987 / Sq Ft |
| 06/08/2016 06/08/16 | Sold | $4,192,000 | -15.3% | $1,669 / Sq Ft |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- |
| 07/20/2015 07/20/15 | For Sale | $4,950,000 | -- | $1,971 / Sq Ft |
Source: Martha's Vineyard MLS
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 | $18,121 | $8,053,700 | $5,555,200 | $2,498,500 |
| 2024 | $16,508 | $7,786,900 | $5,377,000 | $2,409,900 |
| 2023 | $15,814 | $6,013,100 | $4,135,800 | $1,877,300 |
| 2022 | $16,234 | $5,756,800 | $4,135,800 | $1,621,000 |
| 2021 | $12,499 | $4,295,200 | $2,920,900 | $1,374,300 |
| 2020 | $12,031 | $4,206,800 | $2,863,700 | $1,343,100 |
| 2019 | $11,831 | $4,108,100 | $2,863,700 | $1,244,400 |
| 2018 | $11,297 | $4,108,100 | $2,863,700 | $1,244,400 |
| 2017 | $11,582 | $4,321,800 | $3,101,900 | $1,219,900 |
| 2016 | $11,627 | $4,290,300 | $3,101,900 | $1,188,400 |
| 2015 | $11,322 | $4,305,000 | $3,101,900 | $1,203,100 |
| 2014 | $9,902 | $3,992,600 | $3,105,500 | $887,100 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2020
Mark Jenkins
Wallace & Co. Sotheby's
-
Thomas Wallace
Seller's Agent in 2016
Thomas Wallace
Wallace & Co. Sotheby's International Realty
(508) 627-2777
7 in this area
44 Total Sales
-
N
Buyer's Agent in 2016
Non Member
mv.unknownoffice
Map
Source: Martha's Vineyard MLS
MLS Number: 21507494
APN: CHIL-000029-000000-000005
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