$3,275,000
SOLD JUN 2, 2017

28 Loon Ln Chilmark, MA 02535

Chilmark Neighborhood
6 Beds
6 Baths
4,754 Sq Ft
6 Acres

Recently Sold

$689 Per Sq Ft

15% Below List Price

413 Days on Market

About This Home

As of June 2017

Spectacular Chilmark estate on over 6 acres with panoramic views of Martha's Vineyard's North Shore. Known as "Heathland" for its distinct vegetation and beautiful landscape, this Vineyard property is one-of-a-kind. Reenvisioned and completely renovated by South Mountain Company in 1995, this 6 bedroom home offers many custom features and warm wood accents. With waterviews from almost every room, the first floor features, a open living room with cathedral ceilings and a stone fireplace, formal dining room, cook's kitchen with breakfast dining area, den, home office, 2 guest bedrooms, full bath and a spacious laundry room. Located just off the living room is a stunning screened porch with a gas fire-pit. This home is ideal for extended family or you and your guests and includes an additional 2 bedroom guest wing with a full bath separated from the house by a covered breezeway. The second floor features a guest bedroom suite with full bath, an additional home office and a sprawling master bedroom suite with 2 bathrooms, walk-in closet, and private deck. Views of the water can also be enjoyed from the sun deck that extends along the entire second floor. The exterior is equally charming. Stone walls line the rolling landscape, beautiful perennial gardens and mature rhododendrons are scattered throughout the property and surround an expansive blue-stone patio overlooking the ocean. The property also includes a detached 2 car garage. If you are looking for a finely crafted home with privacy and spectacular Vineyard sunsets, this is the property for you!

Last Agent to Sell the Property

Shakti Reynolds

Wallace & Co. Sotheby's Listed on: 03/01/2016

Last Buyer's Agent

Bill Rossi

Studio Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,313

Year Built

1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 741
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Stove: Viking, Washer: Yes - Laundry Room with sink
  • Has Basement: Partially full basement. Excellent storage space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Stone Fireplace
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Opening living room with stone fireplace, kitchen with large breakfast dining area, formal dining room, den, work-out room, home office, 2 guest bedrooms, full bath and laundry room. Large screened porch off the living room with gas fire-pit. Covered breezeway leads to a 2 bedroom guest wing with shared full bath., Floor 2: Master bedroom suite with 2 baths, walk-in closet, private balcony. Loft area on second floor includes a large home office space and an addition guest bedroom suite with full bath. 2nd floor outside sun deck.
  • Main Level Bedrooms: 4
  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured concrete
  • Other Structures: GUEST WING - 2 bedroom guest wing with shared full bath attached to main house by a breezeway. GARAGE - A detached 2 car garage with unfinished space above.

Garage/Parking

  • Parking Features: Gravel driveway with 2-car garage

Utilities

  • Sewer: Septic Tank
  • Utilities: Sat
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 261795
  • Land Lease Expiration Date: 2018-03-01
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 9021.86
  • Tax Lot: 38.1
  • Tax Map Number: 21
  • Tax Other Annual Assessment Amount: 1464100
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jun 2, 2017
Sold by
Dick Donald W and Dick Trudy P
Bought by
Ginsberg David
Seller's Agent
Non Member
mv.unknownoffice
List Price
$3,275,000
Sold Price
$3,275,000
Current Estimated Value
$6,737,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,462,580
Avg. Annual Appreciation
9.66%
Original Mortgage
$2,000,000
Outstanding Balance
$1,677,238
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$5,277,204

Purchase Details

Closed on
Jun 15, 1993
Bought by
Dick Donald W and Dick Trudy P
Source: Public Records

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Range of Values:

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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
Not Resolvable $3,275,000 --
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Unknown
Previous Owner $740,000 No Value Available
Previous Owner $500,000 No Value Available
Previous Owner $750,000 No Value Available
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $3,275,000 0.0% $689 / Sq Ft
06/02/2017 06/02/17 Sold $3,275,000 0.0% $706 / Sq Ft
06/02/2017 06/02/17 For Sale $3,275,000 -14.9% $706 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
03/01/2016 03/01/16 For Sale $3,850,000 -- $810 / 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 $14,313 $6,361,400 $2,421,200 $3,940,200
2024 $13,071 $6,165,500 $2,334,800 $3,830,700
2023 $11,989 $4,558,700 $1,586,200 $2,972,500
2022 $10,537 $3,736,600 $1,174,300 $2,562,300
2021 $9,755 $3,352,400 $1,174,300 $2,178,100
2020 $9,186 $3,211,800 $1,182,100 $2,029,700
2019 $2,570 $3,362,800 $1,467,400 $1,895,400
2018 $9,248 $3,362,800 $1,467,400 $1,895,400
2017 $2,355 $3,343,700 $1,464,100 $1,879,600
2016 $9,022 $3,329,100 $1,464,100 $1,865,000
2015 $8,812 $3,350,500 $1,464,100 $1,886,400
2014 $9,288 $3,745,300 $1,714,000 $2,031,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Non Member

    mv.unknownoffice

  • S

    Seller's Agent in 2017

    Shakti Reynolds

    Wallace & Co. Sotheby's

  • B

    Buyer's Agent in 2017

    Bill Rossi

    Studio Realty

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 29834

APN: CHIL-000021-000038-000001

Massachusetts Dukes County Chilmark 02535 Chilmark

28 Loon Ln, Chilmark, MA

This home is located at 28 Loon Ln, Chilmark, MA 02535 and is currently priced at $3,275,000, approximately $688 per square foot. This property was built in 1995. 28 Loon 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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