Seller's Agent in 2023
Cassie Bradley
Wallace & Co. Sotheby's International Realty
(518) 522-3337
2 in this area
17 Total Sales
31 Tower Ln Chilmark, MA 02535
Chilmark NeighborhoodEstimated Value: $1,009,000 - $3,985,000
6
Beds
4
Baths
1,135
Sq Ft
$2,200/Sq Ft
Est. Value
Highlights
- 67.2 Acre Lot
- No HOA
- Garage
- Wood Flooring
- Baseboard Heating
About This Home
As of January 2023RICE CHANGE reflects the addition of 3.9 acres to the existing listing. Large estate in Chilmark. As you turn off of Middle Road you are met by a cobblestone driveway that leads you through 7+acres of conservation land and up to the towering Carriage House archway that is the entryway to this majestic property. Emerging through the archway you are greeted by a unique assemblage of structures including the contemporary main house, guest house, and studio. These are surrounded by old stonewalls and newer detailed stonework that creates a harmonious balance between old farmland and new modern design. The Main House contains 4-bedrooms, large open living space and a rooftop deck. The nearby Guest House with 2-bedrooms and full kitchen overlooks raised bed gardens and rolling hills. Also located on the property is another 2-bedroom cottage with a full kitchen and an unfinished pool with pool house. On the far side of the property is over 45 acres of conservation land including portions of the Tiasquam River, all creating the utmost in privacy. There is potential to build one more single-family home on a portion of the property, or simply update the existing structures and enjoy the pristine land that surrounds you. The options for this property are many and varied.
Last Agent to Sell the Property
Wallace & Co. Sotheby's International Realty License #448014383 Listed on: 01/15/2023
Last Buyer's Agent
Non Member
mv.unknownoffice License #0
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,802
Year Built
- Built in 1978
Lot Details
- 67.2 Acre Lot
- Property fronts a private road
- Property is zoned 1-3
Parking
- Garage
Interior Spaces
- 1,135 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Partial Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 13200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 23, 2024
Sold by
Tower Ln Collaborative Ll
Bought by
Sanctuarymv Llc
Current Estimated Value
Purchase Details
Listed on
Jan 15, 2023
Closed on
Jan 13, 2023
Sold by
Cossutta Rt and Cossutta
Bought by
Tower Ln Collaborative Ll
Seller's Agent
Cassie Bradley
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$3,900,000
Sold Price
$3,500,000
Premium/Discount to List
-$400,000
-10.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.03%
Original Mortgage
$3,325,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 31, 1984
Bought by
Cossutta Araldo A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanctuarymv Llc | $2,900,000 | None Available | |
| Tower Ln Collaborative Ll | $600,000 | None Available | |
| Cossutta Araldo A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tower Ln Collaborative Ll | $3,325,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/18/2023 01/18/23 | Sold | $3,500,000 | -10.3% | $3,084 / Sq Ft |
| 01/16/2023 01/16/23 | Pending | -- | -- | -- |
| 01/15/2023 01/15/23 | For Sale | $3,900,000 | -- | $3,436 / Sq Ft |
Source: Martha's Vineyard MLS
Tax History Compared to Growth
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 | $2,150 | $955,600 | $955,600 | $0 |
| 2024 | $1,762 | $830,900 | $830,900 | $0 |
| 2023 | $1,681 | $639,100 | $639,100 | $0 |
| 2022 | $1,802 | $639,100 | $639,100 | $0 |
| 2021 | $1,860 | $639,100 | $639,100 | $0 |
| 2020 | $1,792 | $626,600 | $626,600 | $0 |
| 2019 | $1,805 | $626,600 | $626,600 | $0 |
| 2018 | $1,723 | $626,600 | $626,600 | $0 |
| 2017 | $1,679 | $626,600 | $626,600 | $0 |
| 2016 | $1,698 | $626,600 | $626,600 | $0 |
| 2015 | $1,648 | $626,600 | $626,600 | $0 |
| 2014 | $1,592 | $642,000 | $642,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cassie Bradley
-
Tom Wallace
Seller Co-Listing Agent in 2023
Tom Wallace
Wallace & Co. Sotheby's International Realty
(508) 627-2777
8 in this area
43 Total Sales
-
N
Buyer's Agent in 2023
Non Member
mv.unknownoffice
Map
Source: Martha's Vineyard MLS
MLS Number: 32300017
APN: CHIL-000013-000000-000020
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