NOT LISTED FOR SALE

21 Lake Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,670,000 - $16,413,642

4 Beds
2 Baths
1,946 Sq Ft
$4,903/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $6,900,000 $3,546 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $52,800/month

About This Home

As of June 2012

Squibnocket Pond and the Atlantic Ocean provide the setting for this extraordinary parcel located in the Blacksmith Valley neighborhood of Chilmark. Now exclusively offered for the first time in over fifty years, this property consists of seven+ acres with breathtaking, panoramic water views of Nomans Land, the dunes at Squibnocket and the wide expanse of the Atlantic. Sited on one of the highest points in Chilmark, the views are complimented with private surroundings and framed by ancient stone walls. Included with this offering is membership in a private beach association in Aquinnah (Zacks) as well as deeded access to Squibnocket Pond and use of a dock at Nashaquitsa Pond. This seven acre parcel provides ample land to build the home of your dreams. Accessory structures are possible with special permitting.

Last Agent to Sell the Property

Russell Maloney

Russell Maloney Real Estate Listed on: 06/20/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • 1957

Lot Details

  • 7.2 Acre Lot

Home Design

  • 1,946 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 003
  • $5,016,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • LotSizeAcres: 7.2
  • View: None
  • Co List Office Mls Id: 807
  • Building Area Total: 1946
  • Has Fireplace?: No
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Flooring: wood / vinyl
  • Interior Amenities: OSh
  • Main Level Bedrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Exterior Features: PvtBch, AscBch, WViews

Garage/Parking

  • Parking Features: carport

Utilities

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

Lot Info

  • Lot Size Sq Ft: 313632
  • Land Lease Expiration Date: 2012-06-21

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5700
  • Tax Lot: 003
  • Tax Map Number: 35
  • Tax Other Annual Assessment Amount: 5016000
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jun 22, 2012
Sold by
Portal Hill Lp
Bought by
21 Lake Road Nt
Seller's Agent
Russell Maloney
Russell Maloney Real Estate
List Price
$7,000,000
Sold Price
$6,900,000
Premium/Discount to List
-$100,000
-1.43%
Current Estimated Value
$9,541,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,641,821
Avg. Annual Appreciation
2.33%
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
21 Lake Road Nt $6,900,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $6,900,000 -1.4% $3,546 / Sq Ft
06/20/2012 06/20/12 For Sale $7,000,000 -- $3,597 / Sq Ft
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 $28,915 $12,850,900 $10,127,200 $2,723,700
2024 $26,322 $12,415,900 $9,784,700 $2,631,200
2023 $20,727 $7,881,000 $7,526,200 $354,800
2022 $19,197 $6,807,500 $6,506,200 $301,300
2021 $19,674 $6,760,800 $6,506,200 $254,600
2020 $18,957 $6,628,400 $6,378,700 $249,700
2019 $19,025 $6,605,900 $6,378,700 $227,200
2018 $18,166 $6,605,900 $6,378,700 $227,200
2017 $17,692 $6,601,500 $6,378,700 $222,800
2016 $17,878 $6,597,200 $6,378,700 $218,500
2015 $17,351 $6,597,200 $6,378,700 $218,500
2014 $12,073 $4,868,100 $4,710,900 $157,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Russell Maloney

    Russell Maloney Real Estate

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 23422

APN: CHIL-000035-000003-000003

Massachusetts Dukes County Chilmark 02535 Chilmark

21 Lake Rd, Chilmark, MA

This home is located at 21 Lake Rd, Chilmark, MA 02535 since 20 June 2012 and is currently estimated at $9,541,821, approximately $4,903 per square foot. This property was built in 1957. 21 Lake 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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