NOT LISTED FOR SALE

3 Clam Point Cove Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,881,000 - $4,249,991

3.1 Acres
$1,144,300 Price per Acre
135,036 Sq Ft Lot

Last Sold June 21, 2018

Last sale price $2,550,000

Est. 39% increase in value since last sale

Current estimated payment $19,380/month

1,023 Days on Market

About This Lot

As of June 2018

Breathtaking views from this 3 acre waterfront parcel. Build your dream home with one-of-a-kind views of Quitsa Pond out to the Vineyard Sound and the Atlantic Ocean. Walk to 77 feet of private waterfront where you can paddle board, kayak and sail out to Menemsha and the Vineyard Sound. Recently engineered, this parcel will support a 6 bedroom home. Inspired by the site, Breese Architects has provided some preliminary design sketches to capture the unique beauty of the land. These are available upon request. Stand on this site and visualize the amazing possibilities. Truly a special and unique spot. Note: The assessors map does not reflect the current configuration of this parcel. Clam Point Cove Rd., which originally bisected this lot, has been moved to the north western boundary of the homestead lot and no longer divides the waterfront lot. This move has opened up the prime building area, allowing a new owner to build a home with stunning water views as well as privacy.

Last Agent to Sell the Property

Abby Rabinovitz

Tea Lane Associates Listed on: 06/22/2015

Last Buyer's Agent

Elissa Lash

Tea Lane Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,825

Lot Details

  • 3.1 Acre Lot

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 121
  • $3,354,700 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$8,825

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: Pnd
  • LotSizeAcres: 3.1
  • View: Pond
  • Co List Office Mls Id: 719
  • Special Features: None

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 135036
  • Land Lease Expiration Date: 2018-06-30
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 8825
  • Tax Lot: 121
  • Tax Map Number: 33
  • Tax Other Annual Assessment Amount: 3354700
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jun 21, 2018
Sold by
Clam Point Cove Nt
Bought by
Zabel Lisa and Zabel Richard
Seller's Agent
Abby Rabinovitz
Tea Lane Associates
Buyer's Agent
Elissa Lash
Tea Lane Associates
List Price
$2,800,000
Sold Price
$2,550,000
Premium/Discount to List
-$250,000
-8.93%
Current Estimated Value
$3,547,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$997,330
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Clam Point Cove Nt
Bought by
Mayhew 3Rd Benjamin C and Mayhew Gregory

Purchase Details

Closed on
Dec 31, 2012
Sold by
Eileen S Mayhew Ret
Bought by
Claim Point Cove Nt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.38%

Purchase Details

Closed on
Jan 26, 2004
Sold by
Mayhew Eileen S
Bought by
Eileen S Mayhew Ret
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
Zabel Lisa $2,550,000 --
Mayhew 3Rd Benjamin C -- --
Claim Point Cove Nt -- --
Eileen S Mayhew Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eileen S Mayhew Ret $300,000
Previous Owner Eileen S Mayhew Ret $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $2,550,000 -8.9% --
04/10/2018 04/10/18 Pending -- -- --
06/22/2015 06/22/15 For Sale $2,800,000 -- --
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 $7,752 $3,445,300 $3,445,300 $0
2024 $7,071 $3,335,400 $3,335,400 $0
2023 $6,747 $2,565,500 $2,565,500 $0
2022 $6,898 $2,446,100 $2,446,100 $0
2021 $7,118 $2,446,100 $2,446,100 $0
2020 $6,859 $2,398,200 $2,398,200 $0
2019 $9,664 $3,355,700 $3,355,700 $0
2018 $9,225 $3,354,700 $3,354,700 $0
2017 $8,991 $3,354,700 $3,354,700 $0
2016 $9,094 $3,355,700 $3,355,700 $0
2015 $8,825 $3,355,700 $3,355,700 $0
2014 $8,399 $3,386,700 $3,386,700 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Abby Rabinovitz

    Tea Lane Associates

  • E

    Buyer's Agent in 2018

    Elissa Lash

    Tea Lane Associates

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 28875

APN: CHIL-000033-000000-000121

Massachusetts Dukes County Chilmark 02535 Chilmark

3 Clam Point Cove Rd, Chilmark, MA

This home is located at 3 Clam Point Cove Rd, Chilmark, MA 02535 since 22 June 2015 and is currently estimated at $3,547,330. 3 Clam Point Cove 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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