$947,000
SOLD APR 28, 2021

21 Tea Ln Chilmark, MA 02535

Chilmark Neighborhood
5.2 Acres
$182,115 Price per Acre
226,512 Sq Ft Lot

Recently Sold

41 Days on Market

Highlights

  • 5.2 Acre Lot
  • No HOA
  • Gentle Sloping Lot

About This Lot

As of April 2023

Very attractive building site on Tea Lane. The property is on a rolling ridge, adjacent to significant Land Bank property. This site has great privacy, attractive stone walls, and awaits your building plans.

Last Agent to Sell the Property

Thomas Wallace

Wallace & Co. Sotheby's International Realty License #448001319 Listed on: 02/18/2021

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Alyssa Halisky

Wallace & Co. Sotheby's International Realty License #448007129

Wallace & Co. Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,008

Lot Details

  • 5.2 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned 1-3

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1239

Property Details

Property Type

Land

Est. Annual Taxes

$2,008

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 5.2
  • Road Frontage Type: Public
  • Directions: Off of Middle Road, near Tea Lane Farm.
  • Special Features: None

Exterior Features

  • Lot Features: Gentle Sloping
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: 1-3
  • Lot Size Sq Ft: 226512
  • Parcel #: 1239
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2008
  • Tax Book Number: 566

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
$2,373,933

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
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Not Resolvable $947,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Adjustable Rate Mortgage/ARM
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

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 $2,321 $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

    Seller's Agent in 2023

    Alyssa Halisky

    Wallace & Co. Sotheby's International Realty

    (508) 525-2584

    6 in this area

    71 Total Sales

    Alyssa Halisky
    Section Image

  • M

    Buyer's Agent in 2023

    Madelyn Silvia

    Wallace & Co. Sotheby's International Realty

    (610) 301-1692

    1 in this area

    18 Total Sales

    Madelyn Silvia
    Section Image
  • 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

    Thomas Wallace
    Section Image
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Map

Source: Martha's Vineyard MLS

MLS Number: 32100068

Martha

APN: CHIL-000012-000000-000039

Massachusetts Dukes County Chilmark 02535 Chilmark

21 Tea Ln, Chilmark, MA

This home is located at 21 Tea Ln, Chilmark, MA 02535 and is currently priced at $947,000. 21 Tea Ln 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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