NOT LISTED FOR SALE

11 Morey Ln Nantucket, MA 02554

Estimated Value: $4,582,000 - $6,315,981

4 Beds
2.5 Baths
2,268 Sq Ft
$2,376/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $5,950,000 $2,623 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $31,372/month

30 Days on Market

Highlights

  • Deck
  • Patio
  • Garden
  • Porch

About This Home

As of January 2024

Nestled in the heart of Sconset, a stone's throw away from Main Street, this property offers unparalleled convenience to the Village, restaurants, and picturesque southeast beaches. This residence, featuring four bedrooms and two and a half bathrooms, seamlessly blends contemporary upgrades with the timeless allure of Nantucket. With approximiatley 950 square feet of untapped ground cover, there's potential to craft a complementary cottage or garage, perfecting your Nantucket retreat. Current zoning permits the addition of a swimming pool.

Last Agent to Sell the Property

Carl Lindvall

William Raveis Nantucket Listed on: 10/23/2023

Last Buyer's Agent

Robert Westbrook

Westbrook Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,739

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Garden
  • Property is zoned SR20

Home Design

  • 2,268 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,739

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.4622
  • Garage Yn: No
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PB 24 Page 76
  • Appliances: Stove: Six Burner Wolf Gas Stove, Washer: LG
  • Has Basement: The full basement has interior and exterior access.
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning fireplace in living room, Gas fireplace in Primary Bedroom
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: AC,Disp,Ins,Irr,OSh, Floor 1: A beautifully crafted stone walkway, flanked by mature landscaping, guides you to an inviting covered porch and your home's main entrance. As you step into the foyer, a cozy TV den awaits to your right. To your left you'll find a refined powder room and private office. The heart of the home unveils an open-concept living area, boasting a sophisticated kitchen adorned with black granite countertops, an elegant formal living room with a wood burning fireplace, and a dining space that seamlessly connects to the outdoor patio and lush yard. Adjacent to the kitchen, a tastefully designed wet bar with a wine fridge invites entertainment. An alternate side entry takes you through a welcoming mudroom that leads to the kitchen., Floor 2: The master suite showcases soaring cathedral ceilings, complemented by a cozy gas fireplace and a contemporary ensuite bathroom equipped with radiant heat flooring, a double vanity, and a sleek glass shower. Three other spacious bedrooms, each featuring vaulted ceilings, share a well-appointed hallway bathroom with a combined tub and shower.

Exterior Features

  • Lot Features: Large sprawling yard with privacy hedge and mature trees.
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Porch, Patio, Garden
  • Foundation Details: Concrete Block

Garage/Parking

  • Parking Features: Ample parking for four vehicles.

Utilities

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

Lot Info

  • Lot Size Sq Ft: 20135
  • Parcel #: 40
  • Zoning: SR20

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 12739
  • Tax Lot: 2
  • Tax Map Number: 73.3.1
  • Tax Other Annual Assessment Amount: 3235400
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 18, 2024
Sold by
Felch Marianne H Est and Felch
Bought by
Marianne H Felch T H and Marianne Felch
Seller's Agent
Carl Lindvall
William Raveis Nantucket
Buyer's Agent
Robert Westbrook
Westbrook Real Estate
List Price
$6,250,000
Sold Price
$5,950,000
Premium/Discount to List
-$300,000
-4.8%
Views
103
Current Estimated Value
$5,388,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$561,755
Avg. Annual Appreciation
-4.61%
Original Mortgage
$3,500,000
Outstanding Balance
$3,458,276
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,103,297

Purchase Details

Closed on
Feb 19, 2020
Sold by
Felch Robert D
Bought by
Robert D Felch T 2012 and Felch

Purchase Details

Closed on
Aug 10, 2012
Sold by
Flech Marianne D
Bought by
Flech Marianne D and Flech Robert D
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
Marianne H Felch T H -- None Available
Marianne H Felch T H -- None Available
Marianne H Felch T H -- None Available
Robert D Felch T 2012 -- None Available
Robert D Felch T 2012 -- None Available
Robert D Felch T 2012 -- None Available
Flech Marianne D -- --
Flech Marianne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Burr W $3,500,000
Closed Sullivan Burr W $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $5,950,000 -4.8% $2,623 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $6,250,000 -- $2,756 / 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 $17,639 $5,377,600 $3,335,900 $2,041,700
2024 $13,750 $4,393,100 $3,397,700 $995,400
2023 $12,739 $3,968,600 $3,235,400 $733,200
2022 $13,053 $3,490,200 $2,941,300 $548,900
2021 $10,534 $2,901,900 $2,353,000 $548,900
2020 $10,786 $3,126,400 $2,549,100 $577,300
2019 $10,505 $3,126,600 $2,549,100 $577,500
2018 $8,905 $2,971,800 $2,451,000 $520,800
2017 $9,794 $2,889,000 $2,382,400 $506,600
2016 $9,508 $2,829,800 $2,353,000 $476,800
2015 $6,922 $1,917,400 $1,554,300 $363,100
2014 $7,365 $1,958,700 $1,554,300 $404,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Carl Lindvall

    William Raveis Nantucket

    (508) 360-4323

    46 Total Sales

    Carl Lindvall
    Section Image

  • R

    Buyer's Agent in 2024

    Robert Westbrook

    Westbrook Real Estate

    3 Total Sales

    Robert Westbrook
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 90762

APN: NANT-007-331-000-000-0000-40-000-000

Massachusetts Nantucket County Nantucket 02554

11 Morey Ln, Nantucket, MA

This home is located at 11 Morey Ln, Nantucket, MA 02554 since 23 October 2023 and is currently estimated at $5,388,245, approximately $2,375 per square foot. This property was built in 1988. 11 Morey Ln 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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