NOT LISTED FOR SALE

12 Scotts Way Nantucket, MA 02554

Estimated Value: $3,363,000 - $5,495,032

1.84 Acres
$2,355,575 Price per Acre
80,150 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $725,000

Est. 498% increase in value since last sale

Current estimated payment $24,205/month

About This Lot

As of August 2016

LITTLE BIT OF HEAVEN Located on a sandy lane in the Surfside woods just off Fairgrounds Road this two acre lot offers big privacy and ample space to build a home, garage and cottage. Convenient to mid-Island shopping, schools, Town and biking distance to Surfside Beach.

Last Agent to Sell the Property

Nantucket CompLINK

LINK Listing Information Network Listed on: 08/01/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,913

Lot Details

  • 1.84 Acre Lot
  • Property is zoned LUG2

Property Views

  • Views of Woods

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 487

Property Details

Property Type

Land

Est. Annual Taxes

$1,913

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 1.84
  • Special Features: None

Exterior Features

  • Lot Features: Seller wishes to create a driveway easement at front edge of lot.
  • Pool Private: No
  • View: None, Trees/Woods

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Parcel #: 487
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 1913
  • Tax Lot: 5
  • Tax Map Number: 67
  • Tax Other Annual Assessment Amount: 529900
  • Tax Year: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 1, 2016
Sold by
Aguiar Marjorie
Bought by
Meidus Egidijus
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$725,000
Current Estimated Value
$4,334,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,609,258
Avg. Annual Appreciation
21.38%
Original Mortgage
$543,750
Outstanding Balance
$453,844
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$3,880,415
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
Meidus Egidijus $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meidus Egidijus $543,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $725,000 -- --
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 $15,519 $4,731,400 $812,700 $3,918,700
2024 $13,780 $4,402,500 $812,700 $3,589,800
2023 $9,319 $2,903,100 $773,800 $2,129,300
2022 $9,091 $2,430,700 $623,200 $1,807,500
2021 $8,573 $2,361,800 $644,700 $1,717,100
2020 $5,773 $1,673,200 $644,700 $1,028,500
2019 $4,458 $1,326,800 $644,700 $682,100
2018 $2,276 $644,700 $644,700 $0
2017 $2,003 $590,900 $590,900 $0
2016 $1,733 $515,700 $515,700 $0
2015 $1,913 $529,900 $529,900 $0
2014 $1,893 $503,400 $503,400 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nantucket CompLINK

    LINK Listing Information Network

    420 in this area

    421 Total Sales

    Nantucket CompLINK
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Map

Source: LINK

MLS Number: 82352

APN: NANT-000-067-000-000-0004-87-000-000

Massachusetts Nantucket County Nantucket 02554

12 Scotts Way, Nantucket, MA

This home is located at 12 Scotts Way, Nantucket, MA 02554 since 01 August 2016 and is currently estimated at $4,334,258. 12 Scotts Way 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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