NOT LISTED FOR SALE

55 Bijahs Way Chilmark, MA 02535

Chilmark Neighborhood

Estimated Value: $2,359,115 - $3,103,000

5 Beds
4.5 Baths
3,776 Sq Ft
$746/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $1,587,500 $420 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $16,131/month

176 Days on Market

Highlights

  • Beach
  • Cape Cod Architecture
  • 1 Fireplace
  • 3 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of January 2020

55 Bijah's Way is a custom designed post and beam home built by well-known and respected island builder Heikki Soikkeli. Sited on 3 private acres, this home features 5 bedrooms, 4 -1/2 baths, screened porch, 2 decks, fireplace, generator, and an attached two car garage. Native plantings, sweeping lawns, a lengthy stonewall, scattered glacial erratics, as well as specimen trees including red maples, beetlebungs, oaks, hollies and pines enhance the landscape. The first floor of this home features an open living and dining room, fireplace, screened porch, and a well appointed kitchen. There are two first floor bedrooms; the master suite with walk in closets and an outdoor shower and a second bedroom and bath. The second floor of this home contains three bedrooms, one of which is separate and accessed by its own staircase providing space for an au pair, in-laws, or an office. There are two bathrooms found on the second floor as well. Closet space is ample throughout the home. This property borders 50+ acres of land held under conservation restriction, and miles of walking and hiking trails can be found nearby. Neighborhood community tennis courts are available. Chilmark residents enjoy the ocean beaches of Lucy Vincent, Squibnocket, and Vineyard Sound beach at Menemsha.

Last Agent to Sell the Property

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 06/17/2019

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1997

Lot Details

  • 3 Acre Lot
  • The property's road front is unimproved
  • Property fronts a private road
  • Sloped Lot
  • Property is zoned 1-3

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Cape Cod Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,776 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Hot Water Heating System
  • Well
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3370

Community Details

Overview

  • No Home Owners Association
  • Association fees include road maintenance, snow removal

Recreation

  • Beach
  • Tennis Courts
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,294

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Lot Size Acres: 3
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Directions: Owners in residence. PLEASE NOTE SHOWING HOURS: 8:30 - 11:30 AM and 3:00 - 6:00 PM. Please no drivebys. Tea Lane to Bijah's Way.
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Basement: Full, Interior Entry
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3776
  • Stories: 2

Exterior Features

  • Lot Features: Sloped
  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Heated Garage, Stone/Gravel

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Beach, Road Maintenance, Tennis Court(s), Snow Removal
  • Amenities: Tennis Court(s)
  • Association: No

Fee Information

  • Association Fee Includes: Road Maintenance, Snow Removal

Lot Info

  • Zoning: 1-3
  • Land Lease: No
  • Lot Size Sq Ft: 130680
  • Parcel #: 3370
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3294
  • Tax Book Number: 722-129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Dec 9, 2019
Sold by
Spongberg Stephen A and Spongberg Harmony C
Bought by
Chassman Deirdre J
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$1,975,000
Sold Price
$1,587,500
Premium/Discount to List
-$387,500
-19.62%
Total Days on Market
176
Current Estimated Value
$2,817,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,229,529
Avg. Annual Appreciation
11.28%
Original Mortgage
$750,000
Outstanding Balance
$668,300
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,165,226

Purchase Details

Closed on
Feb 26, 1998
Sold by
Rabovitz Frieda
Bought by
Spongberg Stephen A and Spongberg Harmony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Chassman Deirdre J $1,587,500 None Available
Spongberg Stephen A $820,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chassman Deirdre J $750,000
Previous Owner Spongberg Stephen A $980,000
Previous Owner Spongberg Stephen A $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $1,587,500 -11.8% $420 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $1,800,000 -8.9% $477 / Sq Ft
06/17/2019 06/17/19 For Sale $1,975,000 -- $523 / Sq Ft
Source: Martha's Vineyard MLS

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 $4,718 $2,096,900 $870,200 $1,226,700
2024 $4,118 $1,942,400 $756,700 $1,185,700
2023 $3,939 $1,497,900 $582,000 $915,900
2022 $3,837 $1,360,600 $582,000 $778,600
2021 $3,514 $1,207,500 $582,000 $625,500
2020 $3,387 $1,184,200 $570,600 $613,600
2019 $3,294 $1,143,800 $570,600 $573,200
2018 $3,145 $1,143,800 $570,600 $573,200
2017 $3,054 $1,139,600 $570,600 $569,000
2016 $3,077 $1,135,400 $570,600 $564,800
2015 $3,004 $1,142,200 $570,600 $571,600
2014 $2,995 $1,207,800 $600,000 $607,800
Source: Public Records

Agents Affiliated with this Home

  • Russell Maloney

    Seller's Agent in 2020

    Russell Maloney

    Russel Maloney Real Estate

    (774) 563-0633

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    mv.unknownoffice

See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 21805149

Martha

APN: CHIL-000003-000000-000037

Massachusetts Dukes County Chilmark 02535 Chilmark

55 Bijahs Way, Chilmark, MA

This home is located at 55 Bijahs Way, Chilmark, MA 02535 since 17 June 2019 and is currently estimated at $2,817,029, approximately $746 per square foot. This property was built in 1997. 55 Bijahs Way is a home located in Dukes County with nearby schools including Martha's Vineyard Regional High School.

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