NOT LISTED FOR SALE

12 Chatham Rd Nantucket, MA 02554

Estimated Value: $5,393,000 - $6,294,000

5 Beds
4.5 Baths
3,918 Sq Ft
$1,529/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $2,875,000 $734 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $33,202/month

53 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Porch
  • Deck
  • No HOA
  • Patio

About This Home

As of July 2017

Offering new construction in one of the most desirable areas of the island, this exquisite property sits at the end of a dirt road in Monomoy and offers easy access to Nantucket's harbor beaches. Designed by Milton Rowland and built by Todd Burns, this five-bedroom house features living spaces on all three floors, generous porches, a huge yard which could accommodate a pool and a widow's walk with spectacular views. The design features in this home are light and bright and include modern touches such as stainless railings, shiplap walls and open living spaces, combined with a pure Nantucket feel complete with Teak and Holly, Wide Oak flooring and Mahogany finishes. First Floor
The bright and welcoming entry immediately reveals the quality construction and design elements of this home. From the wide front hall, you see through to the open and bright living space, a room that personifies style and comfort. The living room features a comfortable TV area and a cozy reading nook with a fireplace. Off the living room, which acts as the heart of the house, sits a spacious kitchen with abundant light and views out over the back yard. Off the west side of the house are two kid's rooms which also have easy access to the lower level.

Second Floor
As you walk up the stairs, you enter a large, bright entertaining and living room with cathedral ceilings and a mahogany bar. Off this second floor living area are French doors which lead to a large deck looking back on the view and over the yard. The living area also leads you to a loft space with extra sleeping accommodations and easy access to the widows walk with big views. The master bedroom is located on this floor and has access to the large deck. There is an additional guest suite on the second floor.

Third Floor
There is a finished sleeping loft with a Mahogany ladder leading to a widow walk offering sweeping views of both town and the harbor.

Basement
The lower level offers a large living space, currently configured with a sectional and a ping pong table. Additionally, there is a bunk room with full windows and loads of ambient light.

Other Structures
Large outdoor storage shed for bikes and surfboards.

Last Agent to Sell the Property

Cameron Gammill

Fisher Real Estate License #9520167 Listed on: 03/29/2017

Last Buyer's Agent

Member Non

cci.unknownoffice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,781

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.49 Acre Lot
  • Dirt Road
  • Garden
  • Property is zoned LUG1

Home Design

  • Block Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,918 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 54228

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,781

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Has Basement: Finished
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Road Surface Type: Dirt
  • Directions: Take Main St toward Union St. Turn left onto Orange St. Continue onto Lower Orange St. At James Coffin Memorial Rotary, take the 3rd exit onto Milestone Rd. Turn left on Monomoy. Turn right on Chatham
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: 4098
  • Stories: 4

Interior Features

  • Appliances: Tankless Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Yard, Garden
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch, Patio
  • Property Condition: New Construction
  • Roof: Shingle

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Hot Water
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: LUG1
  • Land Lease: No
  • Lot Size Sq Ft: 21344
  • Parcel #: 54228
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2015

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2004
Sold by
Ryder Robert R and Ryder Betty J
Bought by
Riley Michael J and Riley Martha C
Current Estimated Value
$5,990,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Riley Michael J $1,110,000 --
Riley Michael J $1,110,000 --
Riley Michael J $1,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Michael J $570,100
Closed Riley Michael J $582,500
Closed Riley Michael J $880,000
Previous Owner Ryder Robert R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $2,875,000 -4.1% $734 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $2,999,000 -- $765 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $15,442 $4,708,000 $2,294,100 $2,413,900
2024 $14,439 $4,613,100 $2,232,100 $2,381,000
2023 $12,324 $3,839,200 $2,125,600 $1,713,600
2022 $10,698 $2,860,500 $1,574,500 $1,286,000
2021 $10,026 $2,762,100 $1,476,100 $1,286,000
2020 $10,265 $2,975,500 $1,623,700 $1,351,800
2019 $10,008 $2,978,600 $1,623,700 $1,354,900
2018 $10,001 $2,833,100 $1,377,700 $1,455,400
2017 $10,069 $2,970,200 $1,554,800 $1,415,400
2016 $9,803 $2,917,500 $1,574,500 $1,343,000
2015 $4,902 $1,357,800 $1,151,300 $206,500
2014 $4,843 $1,288,000 $1,081,500 $206,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21710623

Cape Cod & Islands Association of REALTORS®

APN: 30 -97