NOT LISTED FOR SALE

Estimated Value: $4,771,000 - $7,627,000

4 Beds
2 Baths
1,246 Sq Ft
$4,896/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2017

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

Est. 282% increase in value since last sale

Current estimated payment $33,780 / mo

399 Days on Market

Highlights

  • Waterfront
  • Deck
  • Fireplace
  • 3.5 Acre Lot

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, panoramic 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 bedroom home is a beautiful, classic design, thoughtfully laid out with all attention paid to the outstanding water views found in nearly every room. The grounds are spacious and relaxing, with ample lawns sprawling around the home and down toward the waterfront, and an ancient stone wall provides a rustic aesthetic along State Road. An update or modernization of the house could create a refined Chilmark destination, while the opportunity to rebuild could allow for larger home, with pool or tennis as possibilities in the future.

The location is just 0.5 miles from Squibnocket Beach and 2 miles to the Chilmark Store and Beetlebung corner, putting all of Chilmark’s best amenities readily within your grasp.

Last Agent to Sell the Property

Peyton Wallace

Studio Realty Listed on: 08/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,737

Year Built

  • Built in 1950

Lot Details

  • 3.5 Acre Lot
  • Waterfront
  • Property is zoned R3A

Interior Spaces

  • 1,246 Sq Ft Home
  • Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 117
  • $3,382,100 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,737

Year Built

Built in 1950

Lot Details

3.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: Y
  • LotSizeAcres: 3.5
  • Co List Office Mls Id: 741
  • Building Area Total: 1246
  • Has Fireplace?: No
  • Year Built: 1950
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: Y, Washer: Y
  • Has Basement: Unfinished.
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Y
  • Flooring: Wood
  • Interior Amenities: OSh,WdStove, Floor 1: Spacious living room with incredible water views and a rustic, exposed aesthetic. Kitchen also beautifully set to enjoy the water views has doors out to a relaxing deck for outdoor dining or enjoying the sun. Two bedrooms, one bathroom and laundry., Floor 2: Two additional bedrooms with even greater water views. The second floor bathroom is shared by the two bedrooms.

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, Deck, PvtBch, PubBch
  • Foundation Details: Irreg

Garage/Parking

  • Parking Features: Y

Utilities

  • Heating: None
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 152460
  • Zoning: R3A

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 9737.38
  • Tax Lot: 117
  • Tax Map Number: 33
  • Tax Other Annual Assessment Amount: 3382100
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 23, 2017
Sold by
Bought by
Seller's Agent
Peyton Wallace
Studio Realty
List Price
$2,995,000
Sold Price
$1,599,000
Premium/Discount to List
-$1,396,000
-46.61%
Current Estimated Value
$6,100,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,501,673
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,599,000 --
-- --
-- --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/23/2017 10/23/17 Sold $1,599,000 -46.6% $1,283 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/09/2016 08/09/16 For Sale $2,995,000 -- $2,404 / Sq Ft
Source: LINK (Vineyard)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: LINK (Vineyard)

MLS Number: 30695

APN: CHIL-000033-000000-000117

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