NOT LISTED FOR SALE

15 Menemsha Inn Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $1,153,000 - $1,797,000

1.95 Acres
$692,837 Price per Acre
84,942 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $815,000

Est. 66% increase in value since last sale

Current estimated payment $7,321/month

65 Days on Market

About This Lot

As of February 2021

A rare find. One of the last unbuilt parcels close to Menemsha This land is a destination location where you can leave the car behind. Set on almost 2 acres of land on Menemsha Inn Rd., this lot is fully engineered with a 6 bedroom septic system and well installed. A bucolic path winds through the farm lands with cows and chickens, across salt marsh and tidal flats to Menemsha beach. You can also do the 1 minute drive down the hill. Property has been brushcut to allow you to fully appreciate the stonewalls on 2 sides and imagine your building site. There are views across the meadows and great evening skies towards the sunset. Great hiking trails nearby connect to Menemsha Hill reservation and the only thing missing is your house design. This is a very easy and turnkey parcel. Will sell quickly.

Last Agent to Sell the Property

Jim Feiner

Feiner Real Estate Listed on: 09/26/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,480

Lot Details

  • 1.95 Acre Lot

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9

Property Details

Property Type

Land

Est. Annual Taxes

$1,480

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • LotSizeAcres: 1.95
  • View: Pasture
  • Association Fees: 200
  • Association Fee Inclusions: road maintenence
  • Co List Office Mls Id: 718
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 84942
  • Land Lease Expiration Date: 2021-03-06
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1480
  • Tax Lot: 9
  • Tax Map Number: 20
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Feb 12, 2021
Sold by
Bannon Mary
Bought by
Gerson Noel L and Reinecke Peter G
Seller's Agent
Jim Feiner
Feiner Real Estate
List Price
$875,000
Sold Price
$815,000
Premium/Discount to List
-$60,000
-6.86%
Current Estimated Value
$1,351,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,033
Avg. Annual Appreciation
11.07%
Original Mortgage
$441,250
Outstanding Balance
$403,768
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$918,843
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 Buyer Sale Price Title Company
Gerson Noel L $815,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerson Noel L $441,250
Previous Owner Brigham Richard C $140,000
Previous Owner Bannon Mary $50,000
Previous Owner Brigham Richard C $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $815,000 -6.9% --
11/30/2020 11/30/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $875,000 -- --
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 $2,231 $991,500 $991,500 $0
2024 $2,031 $957,900 $957,900 $0
2023 $2,132 $810,500 $810,500 $0
2022 $1,385 $491,200 $491,200 $0
2021 $1,429 $491,200 $491,200 $0
2020 $1,377 $481,600 $481,600 $0
2019 $1,387 $481,600 $481,600 $0
2018 $1,324 $481,600 $481,600 $0
2017 $1,291 $481,600 $481,600 $0
2016 $1,305 $481,600 $481,600 $0
2015 $1,267 $481,600 $481,600 $0
2014 $1,240 $500,000 $500,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Feiner

    Feiner Real Estate

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 37246

APN: CHIL-000020-000000-000009

Massachusetts Dukes County Chilmark 02535 Chilmark

15 Menemsha Inn Rd, Chilmark, MA

This home is located at 15 Menemsha Inn Rd, Chilmark, MA 02535 since 26 September 2020 and is currently estimated at $1,351,033. 15 Menemsha Inn Rd 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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