Seller's Agent in 2023
Alyssa Halisky
Wallace & Co. Sotheby's International Realty
(508) 525-2584
6 in this area
71 Total Sales
21 Tea Ln Chilmark, MA 02535
Chilmark NeighborhoodEstimated Value: $1,462,000 - $5,022,000
5.2
Acres
$456,526
Price per Acre
226,512
Sq Ft Lot
Highlights
- 5.2 Acre Lot
- No HOA
- Near Conservation Area
- Wooded Lot
- Gentle Sloping Lot
About This Lot
As of April 2023Exciting opportunity to build your Chilmark dream home on this private 5.2 acre lot. Located just off Tea Lane, this magical lot features stonewalls, mature trees and a desirable rolling topography. Approved for a 6-bedroom residence, the dramatic ridgeline offers the ideal homesite. The land is mostly surrounded by Martha's Vineyard Land Bank with easy access to the miles of hiking trails at Tea Lane Farm. Chilmark residents enjoy exclusive access to both Lucy Vincent Beach and Squibnocket Beach on the Atlantic Ocean.
Last Agent to Sell the Property
Wallace & Co. Sotheby's International Realty License #448007129 Listed on: 09/24/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,945
Lot Details
- 5.2 Acre Lot
- The property's road front is unimproved
- Near Conservation Area
- Gentle Sloping Lot
- Wooded Lot
- Property is zoned R3
Utilities
- Well
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 12390
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2022
Closed on
Mar 20, 2023
Sold by
Gerstle Gary L and Lunbeck Elizabeth
Bought by
Lunbeck Elizabeth
Seller's Agent
Alyssa Halisky
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Madelyn Silvia
Wallace & Co. Sotheby's International Realty
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,933
Avg. Annual Appreciation
27.06%
Purchase Details
Listed on
Feb 18, 2021
Closed on
Apr 27, 2021
Sold by
Defeo Melinda R and Rabbitt Cindy L
Bought by
Gerstle Gary L and Lunbeck Elizabeth
Seller's Agent
Thomas Wallace
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Alyssa Halisky
Wallace & Co. Sotheby's International Realty
List Price
$947,000
Sold Price
$947,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%
Purchase Details
Closed on
Oct 16, 1991
Bought by
Rabbitt Cindy Lou and Rabbitt Melinda R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lunbeck Elizabeth | -- | None Available | |
| Gerstle Gary L | $947,000 | None Available | |
| Rabbitt Cindy Lou | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elizabeth P Wojdak Ret | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $1,300,000 | -5.5% | -- |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 09/24/2022 09/24/22 | For Sale | $1,375,000 | +45.2% | -- |
| 04/28/2021 04/28/21 | Sold | $947,000 | 0.0% | -- |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- |
| 02/18/2021 02/18/21 | For Sale | $947,000 | -- | -- |
Source: Martha's Vineyard MLS
Tax History Compared to Growth
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 | $2,321 | $1,031,400 | $1,031,400 | $0 |
| 2024 | $1,901 | $896,900 | $896,900 | $0 |
| 2023 | $1,814 | $689,900 | $689,900 | $0 |
| 2022 | $1,946 | $689,900 | $689,900 | $0 |
| 2021 | $2,008 | $689,900 | $689,900 | $0 |
| 2020 | $1,934 | $676,300 | $676,300 | $0 |
| 2019 | $1,948 | $676,300 | $676,300 | $0 |
| 2018 | $1,860 | $676,300 | $676,300 | $0 |
| 2017 | $1,812 | $676,300 | $676,300 | $0 |
| 2016 | $1,833 | $676,300 | $676,300 | $0 |
| 2015 | $1,779 | $676,300 | $676,300 | $0 |
| 2014 | $1,796 | $724,000 | $724,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alyssa Halisky
-
Madelyn Silvia
M
Buyer's Agent in 2023
Madelyn Silvia
Wallace & Co. Sotheby's International Realty
(610) 301-1692
1 in this area
18 Total Sales
-
Thomas Wallace
Buyer Co-Listing Agent in 2023
Thomas Wallace
Wallace & Co. Sotheby's International Realty
(508) 627-2777
7 in this area
42 Total Sales
Map
Source: Martha's Vineyard MLS
MLS Number: 32200320
APN: CHIL-000012-000000-000039
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 34 Ebens Ln
- 174 Middle Rd
- 27 Clambelly Rd
- 96 Hammett Ln
- 15 Old Farm Rd
- 60 Meetinghouse Rd
- 37 Bijah's Way Unit 96, 101, 102
- 11 By the Woods
- 9 Beetlebung Grove Way
- 29 Old Nursery Ln
- 44 Cencelle St
- 8 Snail Rd
- 124 Old Farm Rd Unit 122, 116
- 122 Old Farm Rd
- 3 Fulling Mill Rd
- 300 North Rd
- 6 Wakeman Rd
- 25 Fulling Mill Rd
- 2 Other House Rd Unit 173
- 308 South Rd