NOT LISTED FOR SALE

31 Tea Ln Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $1,268,494 - $1,529,000

5 Acres
$274,966 Price per Acre
217,800 Sq Ft Lot

Last Sold November 14, 2019

Last sale price $825,000

Est. 67% increase in value since last sale

Current estimated payment $7,488/month

94 Days on Market

About This Lot

As of November 2019

A beautiful site located in the hills of Chilmark right off historic Tea Lane. Convenient to both Chilmark and West Tisbury town centers and the beaches. Surrounded by stone walls and bordering by conservation land, this 5-acre lot is accented by ancient trees and fertile blue berry bushes. To start your new home the well, driveway, power, 6-bedroom septic permit and preliminary landscaping have been completed. The Owner/ Builder has house designs specific to this lot, construction services can be packaged for possible occupation for the summer of 2020.

Last Agent to Sell the Property

Natalie Conroy

Conroy & Company R.E., Inc. Listed on: 06/18/2019

Last Buyer's Agent

Perry Patterson

MV Luxury Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,817

Lot Details

  • 5

Utilities

  • Well
  • Septic Tank

Additional Features

  • 5 Acre Lot
  • Pasture Views

Listing and Financial Details

  • Tax Lot 40
  • $670,600 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,817

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 5
  • View: None, Pasture
  • Co List Office Mls Id: 763
  • reviewed: Yes
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 217800
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1817
  • Tax Lot: 40
  • Tax Map Number: 12
  • Tax Other Annual Assessment Amount: 670600
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 31, 2019
Sold by
Cornwell Cynthia L
Bought by
Cedar Farm Rt
Seller's Agent
Natalie Conroy
Conroy & Company R.E., Inc.
Buyer's Agent
Perry Patterson
MV Luxury Homes
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
$1,374,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,831
Avg. Annual Appreciation
8.59%

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 21, 2017
Sold by
Silva Elmer H and Silva Beverly R
Bought by
Cornwell Cynthia L
Seller's Agent
John Ledden
Ledden Properties LLC
Buyer's Agent
Natalie Conroy
Conroy & Company R.E., Inc.
List Price
$649,900
Sold Price
$649,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
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

Date Buyer Sale Price Title Company
Cedar Farm Rt $825,000 --
Cornwell Cynthia L $649,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2019 11/14/19 Sold $825,000 -5.7% --
09/20/2019 09/20/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $875,000 +34.6% --
07/21/2017 07/21/17 Sold $649,900 0.0% -- View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $649,900 -- --
Source: LINK (Vineyard)

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 $2,301 $1,022,600 $1,022,600 $0
2024 $1,885 $889,300 $889,300 $0
2023 $1,799 $684,000 $684,000 $0
2022 $1,929 $684,000 $684,000 $0
2021 $1,990 $684,000 $684,000 $0
2020 $1,918 $670,600 $670,600 $0
2019 $1,931 $670,600 $670,600 $0
2018 $1,844 $670,600 $670,600 $0
2017 $1,797 $670,600 $670,600 $0
2016 $1,817 $670,600 $670,600 $0
2015 $1,764 $670,600 $670,600 $0
2014 $1,786 $720,000 $720,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Natalie Conroy

    Conroy & Company R.E., Inc.

  • P

    Buyer's Agent in 2019

    Perry Patterson

    MV Luxury Homes

  • J

    Seller's Agent in 2017

    John Ledden

    Ledden Properties LLC

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 35400

APN: CHIL-000012-000000-000040

Massachusetts Dukes County Chilmark 02535 Chilmark

31 Tea Ln, Chilmark, MA

Not Listed for Sale

Lots

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