NOT LISTED FOR SALE

29 Welles Way Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,334,000 - $5,602,000

1.1 Acres
$3,631,997 Price per Acre
47,916 Sq Ft Lot

Sale Details

Date Sold: August 30, 2017

Last sale price $750,000 $672 Per Sq Ft

Est. 433% increase in value since last sale

Current estimated payment $22,276 / mo

149 Days on Market

About This Lot

As of August 2017

Enjoy this south-facing lot on the Eddy Farm with a view to the ocean from 115 feet above sea-level. The lot is directly up the hill behind Lucy Vincent Beach. The Eddy Farm was made into 6 lots around a central conservation lot. This Eddy Farm house lot, which is adjacent to the original Eddy homestead, is surrounded by over 17.4 acres of protected conservation/open space land, and includes a 1/6 undivided interest in this conservation/open space land. Sale includes house plans from Mark Hutker Architects. The existing structure on the property can make permitting easier with existing well and septic system. A rare chance to own a unique property on the Eddy Farm.

Last Agent to Sell the Property

Sean Conley

Nautilus Realty Listed on: 03/21/2017

Last Buyer's Agent

Joshua Robinson-White

Elevated Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,880

Lot Details

  • 1.1 Acre Lot

Utilities

  • Well
  • Septic Tank

Community Details

  • Association fees include road maintennce

Listing and Financial Details

  • Tax Lot 6.1
  • $564,100 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,880

Lot Details

1.1 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 1.1
  • View: None
  • Association Fees: 200
  • Association Fee Inclusions: road maintennce
  • Co List Office Mls Id: 775
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Possible Use: CF 269

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 47916
  • Number Of Lots: 1
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1880
  • Tax Lot: 6.1
  • Tax Map Number: 25
  • Tax Other Annual Assessment Amount: 564100
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2019
Sold by
Bought by
Current Estimated Value
$3,995,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,503,234
Interest Rate
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,491,963

Purchase Details

Closed on
Jul 13, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$995,000 --
$995,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,700,000
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Sold $750,000 -31.8% $672 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $1,100,000 -- $986 / Sq Ft
Source: LINK (Vineyard)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,363 $3,717,100 $860,300 $2,856,800
2024 $7,590 $3,580,400 $831,200 $2,749,200
2023 $5,576 $2,120,000 $703,200 $1,416,800
2022 $1,983 $703,200 $703,200 $0
2021 $2,046 $703,200 $703,200 $0
2020 $3,179 $689,500 $689,500 $0
2019 $1,986 $689,500 $689,500 $0
2018 $1,859 $676,100 $564,100 $112,000
2017 $1,806 $673,900 $564,100 $109,800
2016 $1,821 $671,800 $564,100 $107,700
2015 $1,771 $673,200 $564,100 $109,100
2014 $2,313 $932,600 $834,700 $97,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sean Conley

    Nautilus Realty

  • J

    Buyer's Agent in 2017

    Joshua Robinson-White

    Elevated Realty LLC

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 31673

APN: CHIL-000025-000006-000001

Massachusetts Dukes County Chilmark 02535 Chilmark

29 Welles Way, Chilmark, MA

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