NOT LISTED FOR SALE

12 Pine Grove Ln Nantucket, MA 02554

Estimated Value: $2,027,479

5 Beds
5 Baths
2,616 Sq Ft
$775/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $1,350,000 $516 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,932/month

90 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of November 2020

Fantastic investment opportunity for year round or seasonal living in this multi-family home. Live in Unit 1 or 2 and rent the other one for revenue generation. Abutting protected Land Bank property, the back yard, patio and entertaining area is a private oasis framed by mature plantings and sophisticated landscape design. Tastefully appointed and newly updated 3 bedroom (with a bonus room), 2 bath unit with partially finished lower level (with private entrance) affording additional living space and full bath. Second unit is 2 bedroom, 2 bath with its own private deck, additional loft and 2 off street parking spaces. A stone's throw to Surfside bike path and minutes to Surfside Beach, this property MUST be seen to be appreciated! Enter on Quail off Hooper Farm Road and proceed to Pine Grove.

Last Agent to Sell the Property

Maya Kearns

Lee Real Estate Listed on: 07/05/2020

Last Buyer's Agent

Bruce Beni

Lee Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1996

Lot Details

  • 10,454 Sq Ft Lot
  • Garden

Home Design

  • 2,616 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Multi Family
  • Road Frontage Type: None
  • Lot Size Acres: 0.24
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 26439-O
  • Appliances: Stove: 2, Washer: 2
  • Has Basement: Partially finished lower level in 3 BR unit with comfortable living space, storage room, full bath. Also includes laundry room. In 2 BR unit lower level offers additional bedroom and full bath, storage room and laundry room.
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood, Carpet, Tile
  • Interior Amenities: OSh, Floor 1: Open concept living, sun-splashed dining surrounded by wall of windows and updated kitchen. 2 bedrooms share full hall bath. Upstairs is spacious Master bedroom and bath which features jetted tub, dual sinks and separate walk in shower. Also an additional "bonus room" ideal for office, yoga studio or home gym. 2 BR unit is open concept living, kitchen, dining with cathedral beamed ceilings. Light filled master with hall full bath. Loft overlooks living room.
  • Main Level Bedrooms: 3

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: 4 off street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10454
  • Parcel #: 388
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 1967.82
  • Tax Lot: 57
  • Tax Map Number: 67
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 1996
Sold by
Vienneau Michael
Bought by
Lanfenberg Randall and Lanfenbery Karen
Current Estimated Value
$2,027,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Outstanding Balance
$4,683
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,022,796

Purchase Details

Closed on
Dec 30, 1992
Sold by
Mcclellan Rlty Inc
Bought by
Vienneau Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
8.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1991
Sold by
S B Finn Inc
Bought by
Mcclellan Rlty Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lanfenberg Randall $65,000 --
Lanfenberg Randall $65,000 --
Vienneau Michael $35,000 --
Vienneau Michael $35,000 --
Mcclellan Rlty Inc $65,000 --
Mcclellan Rlty Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanfenberg Randall $175,750
Closed Mcclellan Rlty Inc $175,750
Previous Owner Vienneau Michael $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $1,350,000 -12.6% $516 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $1,545,000 -- $591 / 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 $3,961 $1,750,900 $696,000 $1,054,900
2024 $3,961 $1,693,000 $638,100 $1,054,900
2023 $0 $1,153,700 $629,900 $523,800
2022 $0 $915,700 $525,000 $390,700
2021 $3,961 $1,091,100 $552,600 $538,500
2020 $3,744 $1,085,300 $552,600 $532,700
2019 $3,274 $974,500 $441,800 $532,700
2018 $1,083 $796,300 $395,800 $400,500
2017 $2,637 $777,900 $377,400 $400,500
2016 $2,521 $750,300 $349,800 $400,500
2015 $2,403 $665,700 $265,200 $400,500
2014 $2,378 $632,500 $232,000 $400,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maya Kearns

    Lee Real Estate

    (508) 517-8039

    2 in this area

    2 Total Sales

    Maya Kearns
    Section Image

  • B

    Buyer's Agent in 2020

    Bruce Beni

    Lee Real Estate

    (508) 280-6131

    24 in this area

    24 Total Sales

    Bruce Beni
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 87059

APN: NANT-000-067-000-000-0003-88-000-000

Massachusetts Nantucket County Nantucket 02554

12 Pine Grove Ln, Nantucket, MA

Not Listed for Sale

MultiFamily

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