NOT LISTED FOR SALE

26 Basin Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,488,000 - $4,915,000

3 Beds
1 Bath
553 Sq Ft
$7,324/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $2,200,000 $3,978 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $22,176/month

806 Days on Market

About This Home

As of November 2012

This charming 1920s cottage sits high on the bluff overlooking Menemsha Harbor. Enjoy the magnificent views of Menemsha Harbor, Aquinnah, Vineyard Sound and the Elizabeth Islands from your screened porch with sliding glass windows. Walk to the beach, fish markets, stores and restaurants.  Set in the heart of Menemsha, but up away from the hustle and bustle. A front row seat for spectacular sunsets. The front lawn gently slopes down to a shared dock. The dock can accommodate a +/- 32 ft boat and comes with two more parking spaces at the base of the hill. The owner has approvals in place for removing the existing house and building a new dwelling on the property. Click on documents to view the new house plans.

Last Agent to Sell the Property

Deb Hancock

Hancock Real Estate Listed on: 08/12/2010

Last Buyer's Agent

Deb Hancock

Hancock Real Estate Listed on: 08/12/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,710

Year Built

  • 1920

Lot Details

  • 0.3

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Washer
  • 0.3 Acre Lot
  • Cesspool

Listing and Financial Details

  • Tax Lot 125 & 126
  • $3,996,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,710

Year Built

1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: sloping lawn
  • LotSizeAcres: 0.3
  • View: None
  • Co List Office Mls Id: 746
  • Has Fireplace?: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Appliances: Stove: electric, Washer: yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Beachstone
  • Flooring: 2
  • Interior Amenities: OSh
  • Total Bedrooms: 5

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Porch, PubBch, ScrPorch, WViews

Garage/Parking

  • Parking Features: yes

Utilities

  • Heating: None
  • Sewer: Cesspool
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 13068
  • Land Lease Expiration Date: 2013-09-01
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 8710
  • Tax Lot: 125 & 126
  • Tax Map Number: 27.1
  • Tax Other Annual Assessment Amount: 3996500
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2010
Closed on
Nov 20, 2012
Sold by
Whiting Prudence M
Bought by
North Winds Nt
Seller's Agent
Deb Hancock
Hancock Real Estate
Buyer's Agent
Deb Hancock
Hancock Real Estate
List Price
$3,750,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,550,000
-41.33%
Current Estimated Value
$4,050,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,850,439
Avg. Annual Appreciation
5.16%
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
North Winds Nt $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whiting Prudence M $105,000
Previous Owner Whiting Prudence M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $2,200,000 -41.3% $3,978 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
08/12/2010 08/12/10 For Sale $3,750,000 -- $6,781 / 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 $9,428 $4,190,200 $2,667,700 $1,522,500
2024 $8,639 $4,074,800 $2,582,500 $1,492,300
2023 $8,256 $3,139,000 $1,986,400 $1,152,600
2022 $8,219 $2,914,500 $1,986,400 $928,100
2021 $8,149 $2,800,200 $1,986,400 $813,800
2020 $7,876 $2,753,800 $1,947,400 $806,400
2019 $9,808 $3,405,500 $2,647,000 $758,500
2018 $9,365 $3,405,500 $2,647,000 $758,500
2017 $9,107 $3,398,200 $2,646,900 $751,300
2016 $9,185 $3,389,400 $2,646,900 $742,500
2015 $7,993 $3,039,300 $2,646,900 $392,400
2014 $8,221 $3,315,000 $3,243,600 $71,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Deb Hancock

    Hancock Real Estate

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 20116

APN: CHIL-000271-000000-000125

Massachusetts Dukes County Chilmark 02535 Chilmark

26 Basin Rd, Chilmark, MA

This home is located at 26 Basin Rd, Chilmark, MA 02535 since 12 August 2010 and is currently estimated at $4,050,439, approximately $7,324 per square foot. This property was built in 1920. 26 Basin 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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