Two Of Five Chilmark Deeds Disclose Sale Prices In August Period

CHILMARK -- Dukes County Registry of Deeds records show five property transfers in Chilmark between Aug. 7 and Sept. 5, but only two carried a disclosed sale price, including the period's top transaction at $5.8 million on Ridge Hill Road.

MARKET OVERVIEW

Five deeds were recorded in Chilmark during the four-week period. Of those, two disclosed a sale price: $1,249,125 and $5,800,000, a range of $4,550,875 between them. The midpoint of those two figures is $3,524,562. Because only two of the five recorded transfers included a disclosed price, that figure reflects those two transactions only and should not be read as a market-wide median for the month. The remaining three deeds, covering 4 Dilley Way, 0 State Rd Access to Quitsa and an unaddressed Chilmark parcel, listed no consideration amount. With three of five transfers carrying no public price, the underlying dataset is too thin to characterize the period as active or quiet relative to prior months; no historical comparison figures were provided.

TOP SALES

9 Ridge Hill Road sold for $5.8 million on Aug. 27, the highest disclosed price of the period. The seller was RHR Five Realty Trust; the buyer was Ridge Hill Properties MV LLC. Bed, bath and square footage figures were not available in the deed record.

300 North Road sold for $1,249,125 on Aug. 27. The sellers were Timothy P. Castree and Kristen C. Castree; the buyers were Tomo Mortgage LLC and Mortgage Electronic Registration Systems Inc.

The remaining three transfers carried no disclosed price. A Chilmark parcel with no listed street address changed hands Aug. 27, with RHR Five Realty Trust and James T. Curtis, as trustee, as sellers; no buyer was listed in the record. At 4 Dilley Way, Helen Krutina Neumann, as trustee of the Neumann Survivors Trust, transferred the property to Helen Krutina Neumann individually on Aug. 14. At 0 State Rd Access to Quitsa, Susan C. Skelley, as trustee, transferred the property to Susan C. Skelley and Mariah Campbell, both as trustees, on Aug. 11.

NEIGHBORHOOD BREAKDOWN

No two of the five recorded sales shared a street name, so the month's activity is broken out by price tier instead. Over $1 million: two sales, both with disclosed prices, at $5,800,000 (9 Ridge Hill Road) and $1,249,125 (300 North Road). Price not disclosed: three sales, at 4 Dilley Way, 0 State Rd Access to Quitsa and the unaddressed Chilmark parcel tied to RHR Five Realty Trust. No sales in the dataset fell under $500,000 or in the $500,000-to-$1-million range based on disclosed figures.

MARKET NOTES

Deed records do not include bed, bath or square-footage data for any of the five transfers, so no price-per-square-foot comparison is possible. Property type could not be determined from the records provided.

Two of the five transfers involved a grantor and grantee sharing the same family name or trust structure: the 4 Dilley Way transfer moved the property from the Neumann Survivors Trust to Helen Krutina Neumann individually, and the 0 State Rd Access to Quitsa transfer moved the property from Susan C. Skelley as sole trustee to Skelley and Mariah Campbell as co-trustees. Both fit a pattern of within-family or trust-to-trust transfers common in deed data; the records do not indicate a reason for either transfer.

The 300 North Road transaction listed Mortgage Electronic Registration Systems Inc. as a buyer alongside Tomo Mortgage LLC, an entity structure associated with mortgage and lien processing rather than an individual homebuyer. The deed record does not specify the nature of this transfer beyond the named parties.

The top sale, at 9 Ridge Hill Road, transferred from a realty trust to a limited liability company, meaning neither party was an individual buyer or seller according to the record.

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.