Four Chilmark Sales Range From $1.7 Million To $4.55 Million In October

CHILMARK -- Eight property transactions were recorded at the Dukes County Registry of Deeds for Chilmark in October, though only four carried a sale price in the data available so far. Those four ranged from $1.74 million to $4.55 million, with limited-liability companies as the buyers in two of the three highest-priced deals.

MARKET OVERVIEW

The registry recorded eight transactions in Chilmark for the period. Four of those show a sale price, ranging from $1,740,000 to $4,550,000, with a median of $2,937,500. The remaining four entries include two certificates of no unpaid common expenses tied to Black Point properties, a trust-to-individual transfer on Flanders Farm Lane, and an estate transfer on Middle Road, none of which carried a recorded price as of this report. Based on the raw count of eight recorded transactions, October activity was modest but not unusual for a small town like Chilmark.

TOP SALES

205 South Rd sold for $4,550,000 on Oct. 6. The sellers were Tony Shalhoub and Brooke Adams, as trustees; the buyer was NP Two LLC.

11 Greenhouse Ln sold for $3,550,000 on Oct. 2. Michael R. Walsdorf Jr. and Christine S. Walsdorf sold the property to Driftwood MV LLC.

16 South Rd sold for $2,325,000 on Oct. 14. North Bog LLC sold to buyers Nicole M. Abrunzo and Christopher H. Merritt.

22 Peaked Hill Rd sold for $1,740,000 on Oct. 2. David K. Carlson and Catherine W. Carlson were the sellers; the buyer was Citizens Bank NA.

NEIGHBORHOOD BREAKDOWN

South Road accounted for two of October's priced sales: 16 South Rd at $2,325,000 and 205 South Rd at $4,550,000, together making up the largest share of recorded sale value for the month. By price tier among the four priced sales: one transaction fell between $1 million and $2 million (22 Peaked Hill Rd), one between $2 million and $3 million (16 South Rd), one between $3 million and $4 million (11 Greenhouse Ln), and one above $4 million (205 South Rd). The remaining four transactions, two on Black Point Road, one combining Pasture Road and Flanders Farm Lane, and one on Middle Road, had no recorded price in this dataset.

MARKET NOTES

Two of October's three highest-priced sales, at 205 South Rd and 11 Greenhouse Ln, went to buyers organized as LLCs: NP Two LLC and Driftwood MV LLC, respectively. The lowest-priced recorded sale, 22 Peaked Hill Rd at $1,740,000, listed Citizens Bank NA as the buyer. Deed records do not indicate property type, square footage or bedroom and bathroom counts for any of the eight transactions, so no price-per-square-foot comparisons are possible this month. Two entries, both tied to Black Point Beach Association and Black Point Road Association properties, were recorded as certificates of no unpaid common expenses rather than as sales and are not included in the price range or median above. A transfer covering 19 Pasture Rd and a portion of 26 Flanders Farm Lane moved from sellers identified as trustees, including the Otto Real Estate Trust, to Steven B. Flanders, with no price yet recorded. A transfer at 185 Middle Rd moved from the estates of William Ezra Shanok and Susan Whiting Shanok; no buyer name or price was listed in the available data.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.