NOT LISTED FOR SALE

1 Smith Ln Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,200,903 - $2,659,000

4 Beds
4.5 Baths
3,000 Sq Ft
$843/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $1,555,125 $518 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $13,532/month

12 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • No HOA
  • Tankless Water Heater
  • 3 Car Garage

About This Home

As of May 2021

One Smith Lane is a four bedroom, four and one half bath, home located just above Beetlebung Corner and Chilmark's town center with easy access to Chilmark and Menemsha beaches. Built in 1998 and renovated in 2017, this home is suitable for year round living with air source heat pumps and air conditioning. Interiors feature a large family / television room with wood burning fireplace, a first floor primary bedroom suite, large upper level open kitchen, living and dining rooms, a lower level with two bedrooms and two new, full baths, laundry, and an adjacent, separate wing with an additional, spacious primary bedroom suite with marble bathroom, jacuzzi tub and second laundry. Most rooms open to ample outdoor wooden decking. There are two outdoor showers, a stone patio and room for a pool in the yard. A three car garage provides plenty of space for vehicles and storage. Mature landscaping, specimen plantings, gardens by Carly Look and hardscape by Morgan Stone and Landscaping complete the grounds at One Smith Lane.

Last Agent to Sell the Property

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 03/03/2021

Last Buyer's Agent

Karen Brown

Black Point Realty Ventures License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1998

Lot Details

  • 1.3 Acre Lot
  • Property fronts a private road

Parking

  • 3 Car Garage

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30/23

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,095

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Lot Size Acres: 1.3
  • Road Frontage Type: Private Road
  • Directions: State Road to Smith Lane
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Tankless Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Living Area: 3000
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3

Utilities

  • Cooling: Fixed Wall System
  • Heating: Forced Air, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RES
  • Land Lease: No
  • Lot Size Sq Ft: 56628
  • Parcel #: 30/23
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 8, 2021
Sold by
Blass David W and Blass Dalia O
Bought by
Brown Jeffrey M and Brown Karen A
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
Karen Brown
Black Point Realty Ventures
List Price
$1,595,000
Sold Price
$1,555,125
Premium/Discount to List
-$39,875
-2.5%
Current Estimated Value
$2,530,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$975,101
Avg. Annual Appreciation
11.04%

Purchase Details

Listed on
May 21, 2016
Closed on
Aug 15, 2016
Sold by
Marital Deduction T
Bought by
Blass Dalia O and Blass David W
Seller's Agent
Bill Rossi
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Bill Rossi
Wallace & Co. Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,025,000
Premium/Discount to List
-$170,000
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$820,000
Interest Rate
3.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 12, 2003
Sold by
Sattler Theodore G Exec and Bender James F
Bought by
Sattler Tr Theodore G and Sattler Carol

Purchase Details

Closed on
Jan 7, 2000
Sold by
Johnson Smith Rt and Bernstein Peter
Bought by
Est Bender James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Jeffrey M $1,555,125 None Available
Blass Dalia O $1,025,000 --
Sattler Tr Theodore G -- --
Est Bender James $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blass Dalia O $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2021 05/11/21 Sold $1,555,125 -2.5% $518 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $1,595,000 +55.6% $532 / Sq Ft
08/15/2016 08/15/16 Sold $1,025,000 -14.2% $395 / Sq Ft View Prior Sale
07/23/2016 07/23/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $1,195,000 -- $461 / Sq Ft
Source: Martha's Vineyard MLS

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 $3,612 $1,605,300 $661,400 $943,900
2024 $3,659 $1,726,000 $575,100 $1,150,900
2023 $3,907 $1,485,500 $597,100 $888,400
2022 $3,319 $1,176,800 $442,300 $734,500
2021 $3,096 $1,063,900 $442,300 $621,600
2020 $3,003 $1,050,000 $433,700 $616,300
2019 $2,900 $1,006,900 $433,700 $573,200
2018 $2,769 $1,006,900 $433,700 $573,200
2017 $2,692 $1,004,600 $433,600 $571,000
2016 $3,321 $1,225,500 $433,600 $791,900
2015 $3,248 $1,234,900 $433,600 $801,300
2014 $2,464 $993,400 $459,000 $534,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Russell Maloney

    Russel Maloney Real Estate

    Section Image

  • K

    Buyer's Agent in 2021

    Karen Brown

    Black Point Realty Ventures

    (508) 939-0734

    1 in this area

    1 Total Sale

    Karen Brown
    Section Image

  • B

    Seller's Agent in 2016

    Bill Rossi

    Wallace & Co. Sotheby's International Realty

See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 32100083

Martha

APN: CHIL-000030-000000-000023

Massachusetts Dukes County Chilmark 02535 Chilmark

1 Smith Ln, Chilmark, MA

Not Listed for Sale

Detached

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