NOT LISTED FOR SALE

53 Wequobsque Rd Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $5,157,000 - $6,382,508

5 Beds
4.5 Baths
4,240 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $3,290,000 $776 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $31,852/month

35 Days on Market

About This Home

As of September 2021

This magnificent waterfront home sited on 6.4 acres sits atop the dramatic Wequobsque cliffs. On Chilmark's coveted South Shore, this home boasts ownership of over 350 feet of private beach with access from your staircase in the backyard. The home has a 5-bedroom and 4-bath wing. Attached by a screened-in porch, is the large gathering kitchen with ceiling beams, tall columns and an open, airy design. Enjoy meals in the dining area with ocean views. Dine on the large outdoor deck facing the Ocean. On the west side of the property sits the barn with a half bath and a loft that can be used as an office or extra sleeping area. There is wet bar, ping-pong table, large screen TV and sofa. There's space to install a wood stove. The home has a new full basement and HVAC system. A very large one car garage below the barn completes the property. This is your opportunity to own your dream home on the waterfront on Chilmark's South Shore.

Last Agent to Sell the Property

Grace Hagerty

Grace Hagerty Real Estate Inc Listed on: 07/24/2021

Last Buyer's Agent

Grace Hagerty

Grace Hagerty Real Estate Inc Listed on: 07/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,501

Year Built

  • 1997

Lot Details

  • 6.4

Home Design

  • 4,240 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Stove
  • Washer
  • 6.4 Acre Lot

Listing and Financial Details

  • Tax Lot 115 and 116-1
  • $628,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,501

Year Built

1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Oceanfront
  • Lot Features: lawn
  • View: Ocean, Pasture
  • Co List Office Mls Id: 1008
  • Building Area Total: 4240
  • Has Fireplace?: No
  • Effective Year Built: 2020
  • Year Built: 1997
  • Parcel #: 115
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: Full new basement 2021
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: woodstove
  • Flooring: hardwood
  • Interior Amenities: AC,Ins,OSh, Floor 1: 4 bedrooms, 3.5 baths, Floor 2: 1 bedroom 1 bath, 2 lofts, Floor 3: none
  • Main Level Bedrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Patio, Porch, PvtBch, DdBch, ScrPorch, WViews
  • Foundation Details: poured concrete
  • Other Structures: none

Garage/Parking

  • Parking Features: plenty of..

Utilities

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

Lot Info

  • Lot Size Sq Ft: 278784
  • Land Lease Expiration Date: 2021-09-30
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5501
  • Tax Lot: 115 and 116-1
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: 628800
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Aug 31, 2021
Sold by
Gildea Sean P
Bought by
Lurie Ari A
Seller's Agent
Grace Hagerty
Grace Hagerty Real Estate Inc
Buyer's Agent
Grace Hagerty
Grace Hagerty Real Estate Inc
List Price
$4,250,000
Sold Price
$3,290,000
Premium/Discount to List
-$960,000
-22.59%
Current Estimated Value
$5,769,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,479,754
Avg. Annual Appreciation
14.65%

Purchase Details

Listed on
Feb 23, 2017
Closed on
Feb 23, 2017
Sold by
Molinari John and Kwok Renee K
Bought by
Gildea Sean P
Seller's Agent
Non Member
mv.unknownoffice
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Original Mortgage
$750,000
Interest Rate
2.9%
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
Lurie Ari A $3,290,000 None Available
Gildea Sean P $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lurie Ari A $1,974,000
Previous Owner Gildea Sean P $2,200,000
Previous Owner Gildea Sean P $1,600,000
Previous Owner Gildea Sean P $500,000
Previous Owner Gildea Sean P $750,000
Previous Owner Molinari John $234,500
Previous Owner Molinari John A $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $3,290,000 -22.6% $776 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $4,250,000 +193.1% $1,002 / Sq Ft
02/23/2017 02/23/17 Sold $1,450,000 0.0% $342 / Sq Ft
02/23/2017 02/23/17 For Sale $1,450,000 -- $342 / 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 $16,590 $7,373,300 $4,863,600 $2,509,700
2024 $15,054 $7,100,800 $4,709,200 $2,391,600
2023 $14,382 $5,468,400 $3,622,300 $1,846,100
2022 $8,309 $2,946,600 $1,357,700 $1,588,900
2021 $5,501 $1,890,400 $628,800 $1,261,600
2020 $5,347 $1,869,700 $616,500 $1,253,200
2019 $5,145 $1,786,400 $616,500 $1,169,900
2018 $8,539 $3,105,200 $1,331,100 $1,774,100
2017 $8,285 $3,091,600 $1,331,100 $1,760,500
2016 $8,147 $3,006,400 $1,259,200 $1,747,200
2015 $7,962 $3,027,200 $1,259,200 $1,768,000
2014 $8,229 $3,318,300 $2,146,700 $1,171,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Grace Hagerty

    Grace Hagerty Real Estate Inc

  • N

    Seller's Agent in 2017

    Non Member

    mv.unknownoffice

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Map

Source: LINK (Vineyard)

MLS Number: 38565

APN: CHIL-000030-000000-000115

Massachusetts Dukes County Chilmark 02535 Chilmark

53 Wequobsque Rd, Chilmark, MA

This home is located at 53 Wequobsque Rd, Chilmark, MA 02535 since 24 July 2021 and is currently estimated at $5,769,754, approximately $1,360 per square foot. This property was built in 1997. 53 Wequobsque Rd is a home located in Dukes County with nearby schools including Martha's Vineyard Regional High School.

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