NOT LISTED FOR SALE

31 Sheep Hill Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $3,411,000 - $4,571,000

3 Beds
2.5 Baths
2,481 Sq Ft
$1,595/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $1,800,000 $726 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $21,466/month

483 Days on Market

About This Home

As of November 2014

Set high on a ridge on the south side of Chilmark, this home built in 2006, features the perfect combination of modern and traditional styles incorporating the use of local materials: stone, wood post and beams and even wampum, all crafted by local artisans. The property is serene, private and lush with vegetable and herb gardens, a fruit orchard, specimen plantings, a lotus garden and pond connected by a stream flowing under the house. Three bedrooms, chef's kitchen, Waterworks baths, two car garage and separate artist studio complete this magical Chilmark retreat. Six bedroom septic in place for expansion possibilities.

Last Agent to Sell the Property

Russell Maloney

Russell Maloney Real Estate Listed on: 06/28/2013

Last Buyer's Agent

Bill Rossi

Studio Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,151

Year Built

  • 2006

Lot Details

  • 3.3 Acre Lot

Home Design

  • 2,481 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 003
  • $618,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,151

Year Built

2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Landscaped, specimen plantings, pond, stream, vegetable garden, fruit trees
  • LotSizeAcres: 3.3
  • View: None
  • Co List Office Mls Id: 807
  • Building Area Total: 2481
  • Has Fireplace?: No
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Appliances: Stove: Wolf Duel Fuel, Washer: Whirlpool Duet
  • Has Basement: Full basement and crawl with concrete floor.
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1 Wood Burning 1 Propane
  • Flooring: Heart Pine / Stone
  • Interior Amenities: A,AC,Ins,OSh, Floor 1: Entry way with marble tiles and hand carved wampum inlay. Living room with wood burning fireplace.  Beamed ceilings and wood floors of recycled heart pine. Wall of Pella windows and doors to yard. Large kitchen and dining area with views out to the pond and gardens.  Mahogany staircase at end of kitchen leads to second floor. Soapstone counters, stainless steel appliances and marble mosaic flooring. Powder room and butler's pantry.  Hallway sided with glass windows to view stream running under the house.   Large master suite with views to pond, walk in closet and luxurious bath.  Waterworks soaking tub, rain shower, DecoLav sinks. Teak deck off master suite with garden and pond view., Floor 2: Two bedrooms (one currently used as an office) with adjoining Waterworks bath.  Passageway with wood floors leads to upper balcony/deck with view over pond, gardens and property.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Patio, Porch, H/Tub, PubBch, WViews
  • Foundation Details: Poured Concrete
  • Other Structures: Heated greenhouse with access from basement.  Detached artist studio with electricity and water hydrant measuring approx 550 sq feet.

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 143748
  • Land Lease Expiration Date: 2014-12-31
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4151
  • Tax Lot: 003
  • Tax Map Number: 17
  • Tax Other Annual Assessment Amount: 618000
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Nov 6, 2014
Sold by
Lamb John R
Bought by
Up Island Holdings Llc
Seller's Agent
Russell Maloney
Russell Maloney Real Estate
Buyer's Agent
Bill Rossi
Studio Realty
List Price
$2,249,000
Sold Price
$1,800,000
Premium/Discount to List
-$449,000
-19.96%
Current Estimated Value
$3,958,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,158,190
Avg. Annual Appreciation
7.44%
Original Mortgage
$550,000
Outstanding Balance
$426,498
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$3,502,521

Purchase Details

Closed on
Oct 28, 2005
Sold by
Mayhew & South Road Rt
Bought by
Lamb John R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Up Island Holdings Llc $1,800,000 --
Lamb John R $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Up Island Holdings Llc $550,000
Previous Owner Lamb John R $300,000
Previous Owner Lamb John R $300,000
Previous Owner Lamb John R $250,000
Previous Owner Lamb John R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $1,800,000 -20.0% $726 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
06/28/2013 06/28/13 For Sale $2,249,000 -- $906 / 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 $6,753 $3,001,400 $1,110,100 $1,891,300
2024 $5,854 $2,761,500 $1,085,900 $1,675,600
2023 $5,665 $2,154,000 $835,300 $1,318,700
2022 $5,524 $1,958,800 $822,400 $1,136,400
2021 $5,243 $1,801,700 $822,400 $979,300
2020 $5,057 $1,768,300 $806,300 $962,000
2019 $4,911 $1,705,200 $806,300 $898,900
2018 $4,689 $1,705,200 $806,300 $898,900
2017 $4,549 $1,697,400 $806,300 $891,100
2016 $4,578 $1,689,200 $806,300 $882,900
2015 $4,467 $1,698,300 $806,300 $892,000
2014 $4,153 $1,674,500 $618,000 $1,056,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Russell Maloney

    Russell Maloney Real Estate

  • B

    Buyer's Agent in 2014

    Bill Rossi

    Studio Realty

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 25172

APN: CHIL-000017-000008-000003

Massachusetts Dukes County Chilmark 02535 Chilmark

31 Sheep Hill Rd, Chilmark, MA

This home is located at 31 Sheep Hill Rd, Chilmark, MA 02535 since 28 June 2013 and is currently estimated at $3,958,190, approximately $1,595 per square foot. This property was built in 2006. 31 Sheep Hill 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.

Nearby Homes