NOT LISTED FOR SALE

131 Nichols Rd Unit 8 Cohasset, MA 02025

Estimated Value: $1,473,759 - $1,939,000

2 Beds
2.5 Baths
2,810 Sq Ft
$1,074/mo HOA Fee

Last Sold February 28, 2022

Last sale price $1,400,000 $498 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,389/month

58 Days on Market

Highlights

  • No Units Above
  • Waterfront
  • Deck
  • Deer Hill Elementary School Rated A-
  • Custom Closet System
  • Marble Flooring

About This Home

As of February 2022

Take a front row seat for the Minot Light message: "1-4-3 = I Love You". Caravel-by-the-Sea is an estate with a rich, colorful history that consists of 8 luxury homes that continue the proud tradition of this prestigious seacoast mansion. The penthouse contains 2,800 square feet of state-of-the-art luxury with finishes and fixtures selected and imported from Italy, Germany, Belgium, Denmark, and Sweden. With nearly 360-degree views of the ocean and Little Harbor, this spectacular home offers an astoundingly beautiful way of life.A Private Elevator leads directly to the Penthouse

Last Listed By

Thomas Hamilton

Compass Listed on: 10/22/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,197

Year Built

  • Built in 1900

Lot Details

  • Waterfront
  • No Units Above

HOA Fees

  • $1,074 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Sun or Florida Room
  • Exterior Basement Entry
  • Intercom

Kitchen

  • Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on fourth floor
  • Custom Closet System
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 62373

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal, trash
  • 8 Units
  • Low-Rise Condominium

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,197

Year Built

Built in 1900

Lot Details

0

HOA Fees

$1,074 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Sun Room
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oven,Dishwasher,Microwave,Countertop Range,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 154
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Wall to Wall Carpet, Flooring - Marble
  • Room Master Bedroom Level: Fourth Floor
  • Room Master Bedroom Area: 400
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Fourth Floor
  • Bathroom 2 Level: Fourth Floor
  • Bathroom 3 Level: Fourth Floor
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Fourth Floor
  • Room Dining Room Area: 168
  • Room Kitchen Level: Fourth Floor
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid
  • Room Kitchen Area: 168
  • Laundry Features: Fourth Floor, In Unit
  • Room Living Room Level: Fourth Floor
  • Room Living Room Area: 735
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Exterior Access
  • Accessibility Features: No
  • Living Area: 2810
  • Stories Total: 4
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 533.81
  • PRICE PER Sq Ft: 498.22
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Frame
  • Patio And Porch Features: Deck, Deck - Roof, Deck - Vinyl
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Ocean, Bay, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public,Association)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Central, Baseboard, Natural Gas, Radiant
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: LH
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 1074
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • UNIT BUILDING: 8
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 62373
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 400
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13197
  • Tax Book Number: 11560

Multi Family

  • Number Of Units Total: 8
  • NO UNITS OWNER OCC: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 28, 2022
Sold by
White Robert J
Bought by
Ravanesi Peter
Seller's Agent
Thomas Hamilton
Compass
Buyer's Agent
Christine Powers
Coldwell Banker Realty - Cohasset
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Total Days on Market
58
Current Estimated Value
$1,605,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,190
Avg. Annual Appreciation
4.41%
Original Mortgage
$975,000
Outstanding Balance
$915,617
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$689,573

Purchase Details

Closed on
Oct 21, 1996
Sold by
Brown Paula B
Bought by
White Robert J

Purchase Details

Closed on
May 2, 1995
Sold by
Ocean Rt
Bought by
Brown Paula B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage

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
Ravanesi Peter $1,400,000 None Available
White Robert J $425,000 --
Brown Paula B $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravanesi Peter $975,000
Previous Owner Brown Paula B $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,400,000 -6.7% $498 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $1,500,000 -- $534 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2024 $16,476 $1,353,800 $0 $1,353,800
2023 $15,229 $1,290,600 $0 $1,290,600
2022 $12,468 $992,700 $0 $992,700
2021 $13,198 $1,012,100 $0 $1,012,100
2020 $13,127 $1,012,100 $0 $1,012,100
2019 $13,056 $1,012,100 $0 $1,012,100
2018 $12,945 $1,012,100 $0 $1,012,100
2017 $12,758 $976,900 $0 $976,900
2016 $10,738 $833,700 $0 $833,700
2015 $10,596 $833,700 $0 $833,700
2014 $10,455 $833,700 $0 $833,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72911791

MLS Property Information Network (MLS PIN)

APN: COHA-000003E-000021-000006-000008