NOT LISTED FOR SALE

27 Ocean View Farm Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,247,000 - $2,782,000

4 Beds
3 Baths
2,450 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $2,200,000 $898 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $14,487/month

182 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Paved or Partially Paved Lot
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • No Heating

About This Home

As of October 2024

27 Ocean View Farm Road is a unique house with the main living spaces designed by architect Elizabeth Carlhian in 1964 along with a connected, yet private bed and bath suite designed by architects Modigliani/Noyes in 1987. A covered breezeway between the two spaces frames the ocean views while providing cover from the weather. Taken together the house consists of 4 bedrooms and 3 baths sited high on a hill providing wide views of the Atlantic Ocean and distant views to Squibnocket and Aquinnah. Owned by the same family for over 60 years this rare offering is located on the southern side of Chilmark and is just 1.3 miles from famed Lucy Vincent Beach. The property abuts the Ocean View Preserve and provides miles of walking crosstown walking trails to Fulling Mill, Peaked Hill and beyond. Buyers will either want to renovate and restore the house to its original design or simply rebuild. The lot size is 1.2 acres which, according to Chilmark's zoning, this parcel should support a new house of 3,000 square feet by right (larger with a special permit), with 24 feet in height. Buyers will need to confirm building size and height with Chilmark's building inspector. New construction may be able to site a house higher on the hill (25 ft. setbacks) for even more impressive views. Please note: potential buyers and their agents must be accompanied by listing broker as there are some hazards about. Call for appointment, easy to show. The property is subject to estate sale rules and is being sold in "as is" condition. Property video can be seen at this link: https://vimeo.com/manage/videos/935864342

Last Listed By

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 04/16/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 1.2 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Paved or Partially Paved Lot
  • Property is zoned 3-3

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • No Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25890

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Lot Size Acres: 1.2
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt, Paved
  • Directions: Call listing broker
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Living Area: 2450
  • Stories: 1

Exterior Features

  • Pool Private: No
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: No
  • Property Condition: Updated/Remodeled

Utilities

  • Cooling: Fixed Wall System
  • Heating: None
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: 3-3
  • Land Lease: No
  • Lot Size Sq Ft: 52272
  • Parcel #: 25890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5740
  • Tax Book Number: ()

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Oct 21, 2024
Sold by
1986 Robert M Solow Ret and Berlin
Bought by
Fulling Mill Road Llc
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$2,995,000
Sold Price
$2,200,000
Premium/Discount to List
-$795,000
-26.54%
Total Days on Market
182
Views
156
Current Estimated Value
$2,509,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,824
Avg. Annual Appreciation
29.48%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Barbara L Solow Irt and Solow
Bought by
1986 Robert M Solow Ret and Berlin

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
Fulling Mill Road Llc $2,200,000 None Available
Fulling Mill Road Llc $2,200,000 None Available
1986 Robert M Solow Ret -- None Available
1986 Robert M Solow Ret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solow Robert M $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $2,200,000 -20.0% $898 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $2,750,000 -8.2% $1,122 / Sq Ft
04/16/2024 04/16/24 For Sale $2,995,000 -- $1,222 / Sq Ft
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 $6,074 $2,699,500 $2,132,900 $566,600
2024 $5,740 $2,707,700 $2,057,800 $649,900
2023 $4,917 $1,869,600 $1,367,900 $501,700
2022 $4,636 $1,644,000 $1,250,600 $393,400
2021 $4,621 $1,587,900 $1,250,600 $337,300
2020 $4,513 $1,578,100 $1,226,100 $352,000
2019 $4,477 $1,554,400 $1,226,100 $328,300
2018 $4,275 $1,554,400 $1,226,100 $328,300
2017 $4,158 $1,551,600 $1,226,100 $325,500
2016 $4,198 $1,548,900 $1,226,100 $322,800
2015 $4,083 $1,552,600 $1,226,100 $326,500
2014 $3,791 $1,528,600 $1,166,000 $362,600
Source: Public Records

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Source: Martha's Vineyard MLS

MLS Number: 32400083

Martha

APN: CHIL-000025-000000-000089