NOT LISTED FOR SALE

Estimated Value: $2,222,000 - $5,310,760

4 Beds
2 Baths
1,246 Sq Ft
$3,023/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $1,599,000 $1,283 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $21,880/month

398 Days on Market

Highlights

  • Deep Water Access
  • 3.5 Acre Lot
  • Lake, Pond or Stream
  • Waterfront
  • Deck
  • Wood Flooring

About This Home

As of October 2017

A diamond in the rough in Chilmark, ready for your polish and perfection, this elegant waterfront home on 3.5 acres is truly an outstanding offering, having been owned by the same family for over 60 years. With private waterfront on Quitsa Pond and incredible views to Menemsha Pond, the Sound, Elizabeth Islands and Menemsha Harbor, this is a dramatic retreat, ideally situated for sunsets and recreation on the water. Originally built in 1950, the existing 4 bed home is a beautiful design, thoughtfully laid out with all attention paid to the outstanding water views. The grounds are relaxing, with ample lawns surrouding the home and down toward the waterfront. An update or modernization of the house could create a refined Chilmark destination, while the opportunity to rebuild could allow for larger home, with guest house and pool as possibilities in the future. The location is just 0.5 miles from Squibnocket Beach and all of Chilmark's best amenities are readily within your grasp.

Last Agent to Sell the Property

Peyton Wallace

Wallace & Co. Sotheby's International Realty License #448010366 Listed on: 08/09/2016

Last Buyer's Agent

Peyton Wallace

Wallace & Co. Sotheby's International Realty License #9088292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,737

Year Built

  • Built in 1950

Lot Details

  • 3.5 Acre Lot
  • Waterfront
  • Private Yard
  • Property is zoned R3A

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deep Water Access
  • Lake, Pond or Stream
  • Deck

Utilities

  • No Cooling
  • No Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number CHIL03311700

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,737

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Lot Size Acres: 3.5
  • Road Frontage Type: Public
  • Directions: State Road in Chilmark near the Quitsa Pond overlook and just west of Squibnocket Road - 199 State Road.
  • Architectural Style: Shingle
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Full
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1246
  • Stories: 1

Exterior Features

  • Exterior Features: Private Yard, Outdoor Shower
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Deep Water Access, Lake/Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R3A
  • Land Lease: No
  • Lot Size Sq Ft: 152460
  • Parcel #: CHIL03311700
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9737
  • Tax Book Number: 1159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 23, 2017
Sold by
Stephanie G Jette 1998
Bought by
Macisaac Thomas and Macisaac Amy
Seller's Agent
Peyton Wallace
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Peyton Wallace
Wallace & Co. Sotheby's International Realty
List Price
$2,995,000
Sold Price
$1,599,000
Premium/Discount to List
-$1,396,000
-46.61%
Current Estimated Value
$3,767,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,168,253
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Mth Rt
Bought by
Stephanie G Jette 1998 and Marthas Vineyard Sb Tr

Purchase Details

Closed on
Sep 11, 2008
Sold by
Emily H Rose T
Bought by
Rose Emily H and Rose Ronald J
Source: Public Records

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Range of Values:

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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
Macisaac Thomas $1,599,000 --
Stephanie G Jette 1998 -- --
Stephanie G Jette 1998 -- --
Rose Emily H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $1,599,000 -46.6% $1,283 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/09/2016 08/09/16 For Sale $2,995,000 -- $2,404 / 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 $10,713 $4,761,300 $2,494,100 $2,267,200
2024 $9,447 $4,456,300 $2,414,800 $2,041,500
2023 $7,158 $2,721,600 $1,857,400 $864,200
2022 $4,246 $1,505,800 $1,505,800 $0
2021 $4,382 $1,505,800 $1,505,800 $0
2020 $4,580 $1,601,500 $1,476,300 $125,200
2019 $4,580 $1,590,300 $1,476,300 $114,000
2018 $9,614 $3,496,100 $3,382,100 $114,000
2017 $9,364 $3,493,900 $3,382,100 $111,800
2016 $9,462 $3,491,600 $3,382,100 $109,500
2015 $9,183 $3,491,600 $3,382,100 $109,500
2014 $9,044 $3,646,900 $3,577,500 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21607135

Martha

APN: CHIL-000033-000000-000117