West Tisbury Sale Prices Span $110,000 to $8.96 Million This Period

WEST TISBURY -- Eight properties changed hands in West Tisbury between July 24 and Aug. 22, with recorded prices ranging from $110,000 to $8,958,400 and more than half the transactions carrying no disclosed sale price.

MARKET OVERVIEW The Dukes County Registry of Deeds recorded eight transfers in West Tisbury during the period. Of those, four listed a sale price, ranging from $110,000 to $8,958,400, with a median of $3,506,750. The other four were recorded without a disclosed consideration amount. Based on the raw count of eight recorded transfers in roughly one month, the period showed a mix of high-value sales and trust or estate transfers.

TOP SALES The highest-priced transaction was 29 Naushon Rd, which sold for $8,958,400 on Aug. 4. The seller was listed as Beach Pebble Road LLC and the buyer as Makonikey Vista LLC. At 130 Plum Bush Point Rd, the property sold for $5,000,000 on July 31; the seller was listed as Tatro Sharon Trs and Realty Trust, and the buyer as JPMorgan Chase Bank NA. The Nats Farm Rd property at 35 Nats Farm Rd sold for $2,013,500 on Aug. 5, with sellers Gaylen O. Mulderry and Daniel P. Mulderry and buyer Rachel Goldstein Trs of the Nats Farm Lane Realty Trust. The lowest disclosed sale, 381 State Rd, sold for $110,000 on July 24, with seller Karen Kanta Lipsky and buyer Marthas Vineyard Bank.

NEIGHBORHOOD BREAKDOWN Pond Road saw the most activity of any street, with three separate transfers recorded: 115 Pond Rd (Aug. 6), 35 Pond Rd (Aug. 3) and 86 Pond Rd (July 30). None of the three disclosed a sale price. Nats Farm Rd/Lane also saw two related transfers: the $2,013,500 sale on Aug. 5, followed the same day by a transfer of the property into a certificate of trust, with no price disclosed. Among the four disclosed sales, one fell under $500,000 (381 State Rd, $110,000), one fell in the $500,000-to-$1-million tier is not represented, one fell between $1 million and $5 million ($35 Nats Farm Rd at $2,013,500, and $130 Plum Bush Point Rd at $5,000,000), and one exceeded $5 million (29 Naushon Rd, $8,958,400).

MARKET NOTES Bed, bath and square footage figures were not available in the deed data for any of the eight properties. Four of the eight recorded transfers were trust or estate-related transfers within the same family or entity rather than open-market sales: 115 Pond Rd (Callahan family trust to individual), 35 Pond Rd (individual owners to themselves as trustees), 86 Pond Rd (individual to a revocable trust in his own name) and the Nats Farm Lane transfer into a certificate of trust. Two of the four disclosed sales listed a bank as buyer: JPMorgan Chase Bank NA at 130 Plum Bush Point Rd and Marthas Vineyard Bank at 381 State Rd. No further pattern is evident from 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.