$2,400,000
SOLD NOV 23, 2020

49 Wequobsque Rd Chilmark, MA 02535

Chilmark Neighborhood
3 Beds
4 Baths
2,100 Sq Ft
4.5 Acres

Recently Sold

$1,143 Per Sq Ft

22% Above List Price

78 Days on Market

About This Home

As of December 2020

This waterfront vintage contemporary home is the answer to easy year-round beach living. A large sun drenched lawn separates the home from stairs that take you down to the glorious sandy beach and Atlantic Ocean. Set on 4.5 acres, this is a beautiful piece of property with private outdoor living spaces and pretty topography. Built in the 1970’s, the home was more recently renovated in specific areas allowing most spaces to feel more current and comfortable. There is a new (2007), cooks kitchen that leads out to a large shaded deck that overlooks the lawn where the trees frame the ocean views. A lovely screened dining room with a fireplace was added off the central living room. The main home has two bedrooms each with its own bathroom. Large glass sliders from the main living room allow Atlantic breezes to flow through the home creating a casual beachy feel plus the central fireplace means the home is perfect for cozy year round living. The guest bedroom wing has two further bedrooms and two baths plus an office. Outside you will find a shed, and garden plus a parking area.

Last Agent to Sell the Property

Jill Napior

Tea Lane Associates Listed on: 08/07/2020

Last Buyer's Agent

Meg Bodnar

Tea Lane Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,849

Year Built

  • 1976

Lot Details

  • 4.5 Acre Lot

Interior Spaces

  • 2,100 Sq Ft Home
  • Crawl Space
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 114
  • $1,726,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,849

Year Built

1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Oceanfront
  • Lot Features: stairway to beach easement, sprawling lawn and shady trees
  • LotSizeAcres: 4.5
  • Co List Office Mls Id: 719
  • Building Area Total: 2100
  • Has Fireplace?: No
  • Effective Year Built: 2007
  • Year Built: 1976
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Possible Use: 55
  • Appliances: Stove: gas Bosch four burner stove, Washer: yes
  • Has Basement: tiny basement for utilities
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2
  • Flooring: wood, tile, carpet
  • Interior Amenities: OSh, Floor 1: Open living kitchen dining, lovely screened in porch with a fireplace. First floor master with bath and laundy. Detached bedroom on first floor with full bath., Floor 2: Second floor upper bedroom and full bath in main house with doors out to upper deck over looking the water. Upper deck attached to detached bedroom building with 4th bedroom and bathroom .
  • Main Level Bedrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Exterior Features: PvtBch, Deck, Garden, ScrPorch, WViews
  • Foundation Details: crawl
  • Other Structures: garden shed

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 196020
  • Land Lease Expiration Date: 2021-08-04
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5848.84
  • Tax Lot: 114
  • Tax Map Number: 31
  • Tax Other Annual Assessment Amount: 1726400
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Dec 14, 2020
Sold by
Gildea Sean P
Bought by
Lurie Ari A
Seller's Agent
LINK Email Cache
LINK
Sold Price
$3,000,000
Current Estimated Value
$4,521,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,521,596
Avg. Annual Appreciation
10.12%
Original Mortgage
$1,920,000
Outstanding Balance
$1,716,305
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,026,356

Purchase Details

Listed on
Dec 23, 2020
Closed on
Nov 16, 2020
Sold by
Litwin Gordon N Est
Bought by
Gildea Sean P
Seller's Agent
LINK Email Cache
LINK
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,716,305
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,026,356

Purchase Details

Closed on
Oct 22, 1999
Sold by
Garvey Harold J
Bought by
Litwin Gordon N

Purchase Details

Closed on
Jun 30, 1998
Sold by
Sadwith Vineyard Rt and Sadwith James
Bought by
Garvey Harold J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.09%
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 Type Sale Price Title Company
Not Resolvable $3,000,000 None Available
Not Resolvable $2,400,000 None Available
Land Court Massachusetts $1,500,000 --
Land Court Massachusetts $995,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,920,000 Purchase Money Mortgage
Previous Owner $1,400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $3,000,000 +25.0% $1,429 / Sq Ft
11/23/2020 11/23/20 Sold $2,400,000 +21.5% $1,143 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,975,000 -- $940 / 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 $9,961 $4,427,300 $3,928,500 $498,800
2024 $8,399 $3,961,700 $3,487,400 $474,300
2023 $8,018 $3,048,800 $2,682,500 $366,300
2022 $7,226 $2,562,500 $2,246,900 $315,600
2021 $5,901 $2,028,000 $1,760,900 $267,100
2020 $5,687 $1,988,400 $1,726,400 $262,000
2019 $5,669 $1,968,300 $1,726,400 $241,900
2018 $8,754 $3,183,300 $2,943,600 $239,700
2017 $8,518 $3,178,500 $2,943,600 $234,900
2016 $8,610 $3,177,000 $2,943,600 $233,400
2015 $8,356 $3,177,000 $2,943,600 $233,400
2014 $9,528 $3,842,000 $3,577,500 $264,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jill Napior

    Tea Lane Associates

  • L

    Seller's Agent in 2020

    LINK Email Cache

    LINK

  • M

    Buyer's Agent in 2020

    Meg Bodnar

    Tea Lane Associates

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 37026

APN: CHIL-000030-000000-000114

Massachusetts Dukes County Chilmark 02535 Chilmark

49 Wequobsque Rd, Chilmark, MA

This home is located at 49 Wequobsque Rd, Chilmark, MA 02535 and is currently priced at $2,400,000, approximately $1,142 per square foot. This property was built in 1976. 49 Wequobsque 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.

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