$1,060,000
SOLD OCT 9, 2020

1 Mcgarvey Way Nantucket, MA 02554

2 Beds
1 Bath
1,013 Sq Ft
5,546 Sq Ft Lot

Recently Sold

$1,046 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • Pasture Views
  • Garden
  • Satellite Dish
  • Porch

About This Home

As of October 2020

The Enchanted Cottage! This charming home is located at the gateway to Sconset. Renovated in 2007, with an upgraded kitchen, bathroom, and living area, the property is complimented by a spacious yard, generous porch, and a three bedroom Septi-Tech allowing for future expansion. Proximity to the Village and easy access to the adjacent Conservation Foundation property makes this a must-see.

Last Agent to Sell the Property

Meg Ruley

Atlantic East Nantucket Real Estate Listed on: 07/18/2020

Last Buyer's Agent

Chandra Miller

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1950

Lot Details

  • 5,546 Sq Ft Lot
  • Garden
  • Property is zoned SR20

Interior Spaces

  • 1,013 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1273
  • Garage Yn: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PLBK 18 Page 3
  • Appliances: Stove: Viking, Washer: Whirlpool
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ins,Irr, Floor 1: Open and bright kitchen, living, and dining area that opens onto a spacious side porch and yard. A pass-through bedroom leads to a private bedroom with plenty of storage space and laundry. Updated bathroom. There is an attached shed on the side of the house that contains the furnace and hot water heater.
  • Main Level Bedrooms: 2

Exterior Features

  • Lot Features: Refer to Deed. Pre-existing undersized lot of record. There is a special permit for the porch added in 2011. Located in a wellhead recharge area., Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Porch, Garden
  • Foundation Details: Cement block, piers, and cement slab

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: OFHW
  • Sewer: Septic Tank
  • Utilities: Sat
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 5546
  • Parcel #: 7
  • Zoning: SR20

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2400
  • Tax Lot: 1
  • Tax Map Number: 72
  • Tax Other Annual Assessment Amount: 489500
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Oct 8, 2020
Sold by
Hedrick Laura J
Bought by
Otoole John J and Otoole Suzanne B
Seller's Agent
Meg Ruley
Atlantic East Nantucket Real Estate
Buyer's Agent
Chandra Miller
Maury People Sotheby's International Realty
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
Original Mortgage
$675,000
Outstanding Balance
$595,999
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,336,224

Purchase Details

Closed on
Mar 1, 2006
Sold by
Zola Linda
Bought by
Hedrick Laura Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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 $1,060,000 None Available
Deed $700,000 --
Deed $700,000 --
Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 New Conventional
Closed $675,000 New Conventional
Previous Owner $375,000 Unknown
Previous Owner $416,000 No Value Available
Previous Owner $435,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $1,395,000 -12.5% $1,377 / Sq Ft
06/30/2025 06/30/25 For Sale $1,595,000 +50.5% $1,575 / Sq Ft
10/09/2020 10/09/20 Sold $1,060,000 -7.8% $1,046 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $1,150,000 -- $1,135 / Sq Ft
Source: LINK

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 $5,135 $1,565,700 $802,700 $763,000
2024 $4,826 $1,541,800 $802,700 $739,100
2023 $4,327 $1,348,000 $764,500 $583,500
2022 $3,831 $1,024,200 $536,500 $487,700
2021 $2,725 $750,700 $570,000 $180,700
2020 $2,312 $670,200 $489,500 $180,700
2019 $2,252 $670,200 $489,500 $180,700
2018 $2,549 $703,300 $516,300 $187,000
2017 $2,384 $703,300 $516,300 $187,000
2016 $1,825 $543,200 $368,800 $174,400
2015 $2,711 $751,100 $564,100 $187,000
2014 $2,659 $707,100 $564,100 $143,000
Source: Public Records

Agents Affiliated with this Home

  • Paige Yates

    Seller's Agent in 2025

    Paige Yates

    Coldwell Banker Res Brokerage Nantucket

    (617) 733-9885

    1 in this area

    58 Total Sales

    Paige Yates
    Section Image

  • M

    Seller's Agent in 2020

    Meg Ruley

    Atlantic East Nantucket Real Estate

    (508) 228-1398

    26 in this area

    26 Total Sales

    Meg Ruley
    Section Image

  • C

    Buyer's Agent in 2020

    Chandra Miller

    Maury People Sotheby's International Realty

    (508) 360-7777

    135 in this area

    135 Total Sales

    Chandra Miller
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 79070

APN: NANT-000-072-000-000-0000-07-000-000

Massachusetts Nantucket County Nantucket 02554

1 Mcgarvey Way, Nantucket, MA

This home is located at 1 Mcgarvey Way, Nantucket, MA 02554 and is currently priced at $1,060,000, approximately $1,046 per square foot. This property was built in 1950. 1 Mcgarvey Way is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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