$1,000,000
SOLD JAN 26, 2016

81 Cobbs Hill Rd Chilmark, MA 02535

Chilmark Neighborhood
4.41 Acres
$226,757 Price per Acre
192,100 Sq Ft Lot

Recently Sold

20% Below List Price

1,551 Days on Market

About This Lot

As of January 2016

Nicely located near the Grey Barn Farm in Chilmark with the Chilmark amenities but close to West Tisbury center, the farmer's market, Alleys General Store and 7A foods! The land is cleared and had been used for horse pastures. There is a riding ring and a tastefully fenced in meadow. This area is a lovely house site and gets great southwest exposure. Large mature trees and a well installed. This lot includes access to the West Tisbury Great Pond where you can keep a kayak or little power boat anchored close by in order to get to the South Shore Atlantic Ocean beach or just enjoy the pond and all that it has to offer.

Last Agent to Sell the Property

Jill Napior

Tea Lane Associates Listed on: 10/06/2011

Last Buyer's Agent

Kathy Sollitto

Karen M. Overtoom R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,005

Lot Details

  • 4.41 Acre Lot

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 26.3
  • $762,200 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$2,005

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 4.41
  • View: None
  • Association Fees: 500
  • Co List Office Mls Id: 719
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 192100
  • Land Lease Expiration Date: 2015-11-16
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 2005
  • Tax Lot: 26.3
  • Tax Map Number: 11
  • Tax Other Annual Assessment Amount: 762200
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jan 26, 2016
Sold by
Winnington Michele T
Bought by
Marcus Adam D and Marcus Carrie R
Seller's Agent
Non Member
mv.unknownoffice
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$4,412,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,412,819
Avg. Annual Appreciation
15.83%
Original Mortgage
$1,750,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Rovin William L and Rovin Michele T
Bought by
Rovin Michele T
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 $1,000,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,720,000 Adjustable Rate Mortgage/ARM
Closed $1,720,000 Adjustable Rate Mortgage/ARM
Closed $1,750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $1,000,000 0.0% --
01/26/2016 01/26/16 Sold $1,000,000 0.0% --
01/26/2016 01/26/16 For Sale $1,000,000 -20.0% --
01/04/2016 01/04/16 Pending -- -- --
10/06/2011 10/06/11 For Sale $1,250,000 -- --
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 $9,219 $4,097,300 $1,219,100 $2,878,200
2024 $7,527 $3,550,300 $1,200,100 $2,350,200
2023 $7,309 $2,779,200 $944,900 $1,834,300
2022 $7,049 $2,499,800 $924,100 $1,575,700
2021 $6,610 $2,271,400 $924,100 $1,347,300
2020 $6,416 $2,243,200 $908,200 $1,335,000
2019 $5,610 $1,947,800 $908,200 $1,039,600
2018 $2,498 $908,200 $908,200 $0
2017 $2,272 $847,800 $847,800 $0
2016 $2,066 $762,200 $762,200 $0
2015 $2,005 $762,200 $762,200 $0
2014 $1,969 $794,000 $794,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Non Member

    mv.unknownoffice

  • J

    Seller's Agent in 2016

    Jill Napior

    Tea Lane Associates

  • K

    Buyer's Agent in 2016

    Kathy Sollitto

    Karen M. Overtoom R.E.

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 22152

APN: CHIL-000011-000026-000003

Massachusetts Dukes County Chilmark 02535 Chilmark

81 Cobbs Hill Rd, Chilmark, MA

This home is located at 81 Cobbs Hill Rd, Chilmark, MA 02535 and is currently priced at $1,000,000. 81 Cobbs Hill 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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