NOT LISTED FOR SALE

Estimated Value: $2,629,381 - $5,712,000

3 Beds
2 Baths
2,142 Sq Ft
$1,901/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $2,100,000 $980 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $23,564/month

107 Days on Market

About This Home

As of October 2014

Architect designed and well maintained cape style home in the prospect Hill area of Chilmark with terrific waterviews looking towards the Atlantic, Squibnocket and Menemsha Ponds, Aquinnah and on to the Elizabeth Islands. House is in great shape and very much ready for new owners. Close to Menemsha, town beaches, association tennis courts and conservation land. Come see. A new six bedroom septic system has been approved for the property.

Last Agent to Sell the Property

Bill Rossi

Studio Realty Listed on: 04/07/2014

Last Buyer's Agent

Leslie Pearlson

Tea Lane Associates

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Oct 17, 2014
Sold by
Marvel Andrew and Hotarek Christine M
Bought by
Lighthouse Home T
Seller's Agent
Bill Rossi
Studio Realty
Buyer's Agent
Leslie Pearlson
Tea Lane Associates
List Price
$2,100,000
Sold Price
$2,100,000
Total Days on Market
107
Current Estimated Value
$4,071,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,971,345
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,470,000
Outstanding Balance
$1,096,940
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,974,405

Purchase Details

Closed on
Oct 22, 2008
Sold by
Nancy T Marvel T and Marvel Nancy T
Bought by
Hotarek Christine M

Purchase Details

Closed on
Oct 1, 2003
Sold by
Marvel Nancy T
Bought by
Personal Nancy Marvel and Marvel Nancy T
Source: Public Records

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Range of Values:

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Average Value
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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
Lighthouse Home T $2,100,000 --
Hotarek Christine M -- --
Marvel Andrew -- --
Personal Nancy Marvel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lighthouse Home T $1,470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $2,100,000 0.0% $980 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $2,100,000 -- $980 / 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 $9,812 $4,360,900 $2,822,500 $1,538,400
2024 $6,891 $3,250,500 $2,715,300 $535,200
2023 $6,459 $2,455,900 $2,088,500 $367,400
2022 $6,035 $2,140,100 $1,836,100 $304,000
2021 $6,091 $2,093,200 $1,836,100 $257,100
2020 $5,880 $2,055,800 $1,800,100 $255,700
2019 $5,854 $2,032,800 $1,800,100 $232,700
2018 $5,590 $2,032,800 $1,800,100 $232,700
2017 $5,444 $2,031,200 $1,799,900 $231,300
2016 $5,492 $2,026,600 $1,799,900 $226,700
2015 $5,330 $2,026,600 $1,799,900 $226,700
2014 $3,042 $1,226,700 $949,200 $277,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 25788

APN: CHIL-000020-000000-000070