NOT LISTED FOR SALE

Estimated Value: $2,929,000 - $4,030,000

3 Beds
2 Baths
2,746 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $967,500 $352 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $19,378/month

259 Days on Market

About This Home

As of May 2013

Wonderful Chilmark home on beautiful 6.8 acre pastoral parcel.  Substantially built home with  broad views of across lovely peaceful meadow. Three bedrooms, two newly renovated bathrooms, open living/dining/kitchen with sun room opening to expansive deck.  House has enjoyed significant recent improvements.  Beautifully renovated studio offers additional living space, and could easily be expanded to create detached bedroom or guesthouse.  Two existing septic systems support potential expansion of both buildings. Conveniently located close to West Tisbury amenities, yet offering all the benefits of Chilmark living!

Last Agent to Sell the Property

Jennifer Gardner

Tea Lane Associates Listed on: 09/13/2012

Last Buyer's Agent

Jill Napior

Tea Lane Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,922

Year Built

  • 1983

Lot Details

  • 6.8 Acre Lot

Interior Spaces

  • 2,746 Sq Ft Home
  • Partially Furnished
  • Crawl Space
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 53
  • $606,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,922

Year Built

1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 719
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 2
  • Interior Amenities: Ins,OSh
  • Main Level Bedrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Foundation Details: crawl

Garage/Parking

  • Parking Features: yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Sat
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 296208
  • Land Lease Expiration Date: 2013-08-06
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 1922
  • Tax Lot: 53
  • Tax Map Number: 17
  • Tax Other Annual Assessment Amount: 606000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2012
Closed on
May 30, 2013
Sold by
Deschenes Stephen L and Deschenes Sarah N
Bought by
Zack Jefferey and Bacon Patricia
Seller's Agent
Jennifer Gardner
Tea Lane Associates
Buyer's Agent
Jill Napior
Tea Lane Associates
List Price
$1,195,000
Sold Price
$967,500
Premium/Discount to List
-$227,500
-19.04%
Current Estimated Value
$3,469,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,501,822
Avg. Annual Appreciation
11.32%
Original Mortgage
$774,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2010
Sold by
Hancock Deborah
Bought by
Dechenes Stephen L and Dechenes Sarah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Zack Jefferey $967,500 --
Dechenes Stephen L $912,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zack Jeffrey R $1,920,000
Closed Zack Jeffrey R $1,980,000
Closed Deschenes Stephen L $774,000
Previous Owner Deschenes Stephen L $410,000
Previous Owner Dechenes Stephen L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $967,500 -19.0% $352 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
09/13/2012 09/13/12 For Sale $1,195,000 -- $435 / 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 $7,453 $3,312,400 $1,094,900 $2,217,500
2024 $6,565 $3,096,700 $952,200 $2,144,500
2023 $6,335 $2,408,800 $732,400 $1,676,400
2022 $5,866 $2,080,100 $732,400 $1,347,700
2021 $3,006 $1,033,100 $732,400 $300,700
2020 $2,897 $1,013,100 $718,000 $295,100
2019 $2,853 $990,500 $718,000 $272,500
2018 $2,724 $990,500 $718,000 $272,500
2017 $2,640 $985,200 $718,000 $267,200
2016 $2,665 $983,300 $718,000 $265,300
2015 $2,586 $983,300 $718,000 $265,300
2014 $2,387 $962,600 $756,000 $206,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 23656

APN: CHIL-000017-000000-000053