$550,000
SOLD JUL 31, 2012

12 Peases Point Way Chilmark, MA 02535

Chilmark Neighborhood
3.1 Acres
$177,419 Price per Acre
135,036 Sq Ft Lot

Recently Sold

8% Below List Price

111 Days on Market

About This Lot

As of September 2020

Private 3-acre parcel near Menemsha with beautiful stone walls. One mile to Menemsha beach, harbor and village. Build your island dream home in this classic rural setting. Engineering complete for approved house site with large yard, walking trail and approved 4-bedroom septic plan. Ask about seller financing option with no carrying costs while you build.

Last Agent to Sell the Property

Meg Bodnar

Tea Lane Associates Listed on: 03/16/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,379

Lot Details

  • 3.1 Acre Lot

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • $631,300 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,379

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 3.1
  • View: None
  • Co List Office Mls Id: 719
  • Special Features: None

Interior Features

  • Possible Use: 386

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 135036
  • Number Of Lots: 1
  • Land Lease Expiration Date: 2012-07-31
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1379
  • Tax Lot: 1
  • Tax Map Number: 26
  • Tax Other Annual Assessment Amount: 631300
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Sep 18, 2020
Sold by
Mcdonald Norma I
Bought by
Chapman Joseph and Chapman Susan
Seller's Agent
LINK Email Cache
LINK
Sold Price
$625,000
Current Estimated Value
$1,048,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,565
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Oct 26, 2017
Sold by
Stolaroff James O and Mcdonald Kyle
Bought by
Mcdonald Norma I

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jul 31, 2012
Sold by
Wachsler Jane B
Bought by
Stolaroff James O and Mcdonald Kyle
Seller's Agent
Meg Bodnar
Tea Lane Associates
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$412,500
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $625,000 None Available
Deed -- --
Not Resolvable $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $625,000 +13.6% --
07/31/2012 07/31/12 Sold $550,000 -7.6% --
07/05/2012 07/05/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $595,000 -- --
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 $1,958 $870,400 $870,400 $0
2024 $1,604 $756,800 $756,800 $0
2023 $1,531 $582,100 $582,100 $0
2022 $1,477 $523,900 $523,900 $0
2021 $1,525 $523,900 $523,900 $0
2020 $1,469 $513,600 $513,600 $0
2019 $4,002 $513,600 $513,600 $0
2018 $1,412 $513,600 $513,600 $0
2017 $1,376 $513,600 $513,600 $0
2016 $1,392 $513,600 $513,600 $0
2015 $1,351 $513,600 $513,600 $0
2014 $1,339 $540,100 $540,100 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LINK Email Cache

    LINK

  • M

    Seller's Agent in 2012

    Meg Bodnar

    Tea Lane Associates

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 22774

APN: CHIL-000026-000000-000001

Massachusetts Dukes County Chilmark 02535 Chilmark

12 Peases Point Way, Chilmark, MA

This home is located at 12 Peases Point Way, Chilmark, MA 02535 and is currently priced at $550,000. 12 Peases Point Way is a home located in Dukes County with nearby schools including 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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