NOT LISTED FOR SALE

1 Old Tom Nevers Rd Nantucket, MA 02554

Estimated Value: $2,723,000 - $2,924,000

3 Beds
2.5 Baths
2,760 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $2,000,000 $725 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,683/month

47 Days on Market

About This Home

As of October 2021

Being sold mostly furnished, with some exceptions, this turnkey home has excellent rental income and is in a great Tom Nevers location. Close to the beach with second floor water views, it has been well maintained and recently updated. There have been many improvements made by the current owners. 2021 gross income is over $95K. Sellers are looking for a Fall closing no earlier than mid-October.

Last Agent to Sell the Property

Wayne Howington

William Raveis Nantucket Listed on: 07/29/2021

Last Buyer's Agent

Wayne Howington

William Raveis Nantucket Listed on: 07/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1996

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LUG3

Interior Spaces

  • 2,760 Sq Ft Home
  • Partially Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 122

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,967

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.27
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: 5004-D
  • Appliances: Stove: GE Profile, Washer: GE Profile
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: Oak
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Master bedroom with private deck, walk-in closet, ensuite bath with 8 foot marble shower with multi shower heads. Two additional bedrooms share a full sized bathroom, one of the bedrooms has French doors to private deck., Floor 2: Large open and spacious living room with 14' arched ceiling, dining and kitchen areas offer excellent views from two decks facing both East and West for great summer living. There is a half bath located off the pantry., Floor 3: Loft area above the living room.
  • Main Level Bedrooms: 3

Exterior Features

  • Lot Features: None known, Yes
  • Pool Private: No
  • View: D/Oc
  • Exterior Features: Deck
  • Foundation Details: Poured
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 11761
  • Parcel #: 122
  • Zoning: LUG3

Tax Info

  • Tax Annual Amount: 5967.24
  • Tax Lot: 99
  • Tax Map Number: 75
  • Tax Other Annual Assessment Amount: 781700
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 12, 2021
Sold by
1 Otn Llc
Bought by
Quinn Kevin and Quinn Charlene C
Seller's Agent
Wayne Howington
William Raveis Nantucket
Buyer's Agent
Wayne Howington
William Raveis Nantucket
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%
Current Estimated Value
$2,837,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,397
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Feb 18, 2020
Sold by
Snyder Peter B and Snyder Debi
Bought by
1 Otn Llc

Purchase Details

Closed on
Aug 12, 2011
Sold by
Snyder Peter B
Bought by
Snyder Peter B and Snyder Debi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3%

Purchase Details

Closed on
Jan 23, 1998
Sold by
Thayer Corp
Bought by
Kane Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.11%
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 Buyer Sale Price Title Company
Quinn Kevin $2,000,000 None Available
1 Otn Llc -- None Available
Snyder Peter B -- --
Kane Richard P $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snyder Peter B $370,000
Previous Owner Kane Richard P $40,000
Previous Owner Kane Richard P $260,000
Previous Owner Kane Rihcard P $447,000
Previous Owner Kane Richard P $322,500
Closed Kane Richard P $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $2,000,000 +0.3% $725 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,995,000 -- $723 / 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 $8,389 $2,557,500 $937,900 $1,619,600
2024 $7,932 $2,534,300 $937,900 $1,596,400
2023 $6,817 $2,123,800 $893,300 $1,230,500
2022 $5,980 $1,598,900 $781,700 $817,200
2021 $5,804 $1,598,900 $781,700 $817,200
2020 $5,151 $1,493,100 $632,800 $860,300
2019 $5,017 $1,493,100 $632,800 $860,300
2018 $4,885 $1,406,800 $632,800 $774,000
2017 $4,602 $1,357,400 $604,900 $752,500
2016 $4,175 $1,242,700 $511,800 $730,900
2015 $3,402 $942,500 $453,700 $488,800
2014 $3,544 $942,500 $453,700 $488,800
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Wayne Howington

    William Raveis Nantucket

    (786) 210-1944

    8 in this area

    8 Total Sales

    Wayne Howington
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Map

Source: LINK

MLS Number: 88650

APN: NANT-000-075-000-000-0001-22-000-000

Massachusetts Nantucket County Nantucket 02554

1 Old Tom Nevers Rd, Nantucket, MA

This home is located at 1 Old Tom Nevers Rd, Nantucket, MA 02554 since 29 July 2021 and is currently estimated at $2,837,397, approximately $1,028 per square foot. This property was built in 1996. 1 Old Tom Nevers Rd is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket 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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