NOT LISTED FOR SALE

74 North Rd Chilmark, MA 02535

Chilmark Neighborhood
29 Beds
29 Baths
14,168 Sq Ft
56.3 Acres

Last Sold September 07, 2012

Last sale price $2,400,000 $169 Per Sq Ft

428 Days on Market

Highlights

  • 56.3 Acre Lot
  • Porch
  • Garden
  • Deck

About This Home

As of September 2012

Dramatic 56 acre property with a variety of improvements and potential use options. Long known to the Island community as the Blueberry Hill Inn, offered here is a large parcel, used as farm land in years past, with six buildings, 29 bedroom septic system, 25 yard lap pool, tennis court, and comfortable landscaping that is rich in natural assets – ancient stone walls, high bush blueberries, open meadow, and walking trails. Previous Inn operation included 25 guest rooms and 50 seat restaurant. Continuance of use based on existing permits is possible, but not guaranteed. The property is also well-suited for conversion to use as a private family compound or agricultural property – options abound!

Last Agent to Sell the Property

Bill Rossi

Studio Realty Listed on: 07/01/2011

Last Buyer's Agent

Jill Napior

Tea Lane Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,924

Year Built

  • Built in 1967 | Remodeled in 1995

Lot Details

  • 56.3 Acre Lot
  • Garden

Interior Spaces

  • 14,168 Sq Ft Home
  • Partially Furnished
  • Washer

Bedrooms and Bathrooms

  • 29 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • $1,323,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,924

Year Built

Built in 1967 | Remodeled in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi Family
  • Frontage: None
  • Lot Features: Combination of formal and natural landscape
  • LotSizeAcres: 56.3
  • View: None
  • Co List Office Mls Id: 741
  • Building Area Total: 14168
  • Has Fireplace?: No
  • Effective Year Built: 1995
  • Year Built: 1967
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1967
  • Year Renovated: 1995

Interior Features

  • Appliances: Stove: Commercial, Washer: yes
  • Has Basement: There is a combination of full basements and crawl spaces with the six buildings.
  • Full Bathrooms: 27
  • Half Bathrooms: 2
  • Total Bedrooms: 29
  • Fireplace Features: 2
  • Interior Amenities: AC,Ins,OSh

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Garden, Porch, P/Pool, Tennis, Gym, PubBch, Cov
  • Foundation Details: Irregular
  • Other Structures: Main building is 6, 396 square feet, includes guest bedroom/bathroom suites, commercial kitchen, dining room, reception and common areas. Caretaker cottage with full kitchen and two bedrooms with 881 square feet.  There is a converted barn that includes 2200 square feet, a fitness center, business center/conference room, 2 bedrooms, 1.5 baths and full kitchen.  The other buildings are configured for inn guest quarters.

Garage/Parking

  • Parking Features: Gravel parking areas

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2452428
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 8924
  • Tax Lot: 2
  • Tax Map Number: 3
  • Tax Other Annual Assessment Amount: 1323000
  • Tax Year: 2010

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2012 09/07/12 Sold $2,400,000 -33.3% $169 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
07/01/2011 07/01/11 For Sale $3,600,000 -- $254 / 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 $26,889 $11,950,500 $2,004,200 $9,946,300
2024 $24,863 $11,727,900 $1,936,600 $9,791,300
2023 $24,623 $9,362,500 $1,638,600 $7,723,900
2022 $22,090 $7,833,300 $1,369,900 $6,463,400
2021 $0 $6,951,500 $1,369,900 $5,581,600
2020 $0 $6,864,900 $1,343,100 $5,521,800
2019 $18,727 $6,502,600 $1,343,100 $5,159,500
2018 $0 $6,502,600 $1,343,100 $5,159,500
2017 $16,916 $6,312,000 $1,201,900 $5,110,100
2016 $16,972 $6,262,900 $1,201,900 $5,061,000
2015 $12,520 $4,760,500 $1,201,900 $3,558,600
2014 $5,928 $2,390,300 $1,342,800 $1,047,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bill Rossi

    Studio Realty

  • J

    Buyer's Agent in 2012

    Jill Napior

    Tea Lane Associates

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 21709

Massachusetts Dukes County Chilmark 02535 Chilmark

74 North Rd, Chilmark, MA

Not Listed for Sale

MultiFamily

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