NOT LISTED FOR SALE

1 Thurstons Way Nantucket, MA 02554

Estimated Value: $1,464,184 - $2,406,000

2 Beds
2 Baths
936 Sq Ft
$1,993/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $650,000 $694 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $10,757/month

147 Days on Market

Highlights

  • Deck
  • Porch
  • Patio

About This Home

As of March 2019

FABULOUS OPPORTUNITY!! EMPLOYERS/INVESTORS OR FAMILY SEEKING YEAR ROUND HOME. Charming one+ bedroom, one bath home on the first floor, with an open, light-filled two private room studio with full bath on second floor with private entrance. R-5 conforming 5000 SF lot allows for 2,000 sf on the ground (almost 1,400 sf remaining for expansion). Plans available for conversion/addition off the rear of the existing structure for the creation of a 2 unit, 3 bedroom two bath per floor duplex (still leaving 960 square feet more of ground cover). Excellent rental history (recent SEASONAL lease was for $30,000 May-October). Wonderful neighborhood where pride of ownership is evident, convenient to shuttle, schools, Bartlett's Farm and beaches. Access to hundreds of acres of Land Bank trails and conservation property just across the street that lead all the way to the ocean. Ideal for bikers, runners, and outings with your dog. Extensive and lovely mature landscaping includes cherry trees, rose bushes, and climbing New Dawn roses. Wonderful outdoor living spaces. Easy to show!

Last Agent to Sell the Property

John Arena

William Raveis Nantucket Listed on: 10/03/2018

William Raveis Nantucket

Last Buyer's Agent

Joe Lloyd

Lee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1985

Lot Details

  • 5,003 Sq Ft Lot
  • Property is zoned R5

Interior Spaces

  • 936 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 0311

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,881

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1148
  • Garage Yn: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: 2016-31
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Partially finished with laundry, new Navien on-demand gas heater, and ample room for storage.
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ins, Floor 1: Spacious open living, dining, and kitchen. Large bedroom with two generous closets. Full bath with shower., Floor 2: Exterior stairs in rear of property lead to a private deck and a sun-filled studio with two spacious rooms (one with skylights and new windows) and a full bath (shower).
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Lovely, mature landscaping
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: CB
  • Other Structures: Expansion and zoning potential for three units if desired. 1400 sf of ground cover REMAINING.SELLER IS A LICENSED REAL ESTATE BROKER IN MASSACHUSETTS.

Garage/Parking

  • Parking Features: Ample

Utilities

  • Heating: GFHW
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 5003
  • Parcel #: 0311
  • Zoning: R5

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1881
  • Tax Lot: A
  • Tax Map Number: 0066
  • Tax Other Annual Assessment Amount: 307500
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Oct 15, 2013
Sold by
Thurstons Way Rt
Bought by
Fbm Rt
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$668,691
Total Days on Market
147
Current Estimated Value
$1,865,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,196,855
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Jul 1, 2013
Sold by
Chiles Holdings Ltd
Bought by
Thurstons Way Rt

Purchase Details

Closed on
Jul 11, 2005
Sold by
Malanka Sara M
Bought by
Otis Michael J

Purchase Details

Closed on
Jul 30, 1993
Sold by
Davis Jill E and Davis Michael
Bought by
Malanka Girard T and Malanka Sara M
Source: Public Records

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Range of Values:

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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
Fbm Rt $668,691 --
Fbm Rt $668,691 --
Thurstons Way Rt -- --
Thurstons Way Rt -- --
Otis Michael J $835,000 --
Malanka Girard T $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Gary V $120,000
Open Wilson Gary V $590,000
Closed Wilson Gary V $600,000
Closed White William A $500,000
Closed White William A $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $650,000 -16.1% $694 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $775,000 +15.9% $828 / Sq Ft
10/15/2013 10/15/13 Sold $668,691 -- $585 / 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 $3,784 $1,153,600 $492,500 $661,100
2024 $3,158 $1,008,900 $451,500 $557,400
2023 $2,795 $870,700 $445,600 $425,100
2022 $2,573 $688,100 $371,300 $316,800
2021 $2,522 $694,800 $390,900 $303,900
2020 $2,397 $694,800 $390,900 $303,900
2019 $1,764 $525,000 $312,400 $212,600
2018 $1,580 $447,500 $279,900 $167,600
2017 $2,441 $720,200 $377,700 $342,500
2016 $2,226 $662,600 $350,100 $312,500
2015 $2,085 $577,700 $265,200 $312,500
2014 $2,336 $621,400 $232,000 $389,400
Source: Public Records

Agents Affiliated with this Home

  • John Arena

    Seller's Agent in 2019

    John Arena

    William Raveis Nantucket

    (617) 771-3511

    43 Total Sales

    John Arena
    Section Image

  • J

    Buyer's Agent in 2019

    Joe Lloyd

    Lee Real Estate

  • N

    Seller's Agent in 2013

    Nantucket CompLINK

    LINK Listing Information Network

    421 Total Sales

    Nantucket CompLINK
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 85094

APN: NANT-000-066-000-000-0000-31-000-000

Massachusetts Nantucket County Nantucket 02554

1 Thurstons Way, Nantucket, MA

This home is located at 1 Thurstons Way, Nantucket, MA 02554 since 03 October 2018 and is currently estimated at $1,865,546, approximately $1,993 per square foot. This property was built in 1985. 1 Thurstons 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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