NOT LISTED FOR SALE

Estimated Value: $3,838,747

0.46 Acre
$8,345,102 Price per Acre
20,038 Sq Ft Lot

Sale Details

Date Sold: July 7, 2020

Last sale price $2,000,000 $1,140 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $21,312 / mo

288 Days on Market

About This Lot

As of July 2020

RARE COMMERCIAL LOT OFFERING with 20,000 sq. ft. of land and 147' of frontage on one of the most visible streets on Nantucket! Directly across from Marine Home Garden Shop. Suitable for a myriad of uses including multiple dwelling units. Restaurant, inn,(Nantucket Inn's rooms are in the $460.00 range) retail as well as other uses. See attached Use Code Chart. Some uses might require a Special Permit. 50% ground cover allowed. 50' frontage required. 0' front side and rear setbacks. 2 lot ANR subdivision or 3 lot ANR with Special Permit. Possible Harbor views from upper story. (Structures shown on plans have been removed).

Last Agent to Sell the Property

Michael Angelastro

Fisher Real Estate Listed on: 08/23/2019

Last Buyer's Agent

DAVID CALLAHAN

William Raveis Nantucket

William Raveis Nantucket

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,740

Lot Details

  • 20,038 Sq Ft Lot
  • Property is zoned CMI

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 286

Property Details

Property Type

Land

Est. Annual Taxes

$2,740

Lot Details

0.46 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.46
  • Special Features: None

Interior Features

  • Possible Use: 03-30

Exterior Features

  • Lot Features: None known.
  • Pool Private: No
  • View: D/Hbr, Res

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 20038
  • Parcel #: 286
  • Zoning: CMI

Tax Info

  • Tax Annual Amount: 2739.53
  • Tax Lot: 2
  • Tax Map Number: 55
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jul 7, 2020
Sold by
South Landing T and South Dunn
Bought by
Seller's Agent
Michael Angelastro
Fisher Real Estate
Buyer's Agent
DAVID CALLAHAN
William Raveis Nantucket
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%
Current Estimated Value
$3,838,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,838,747
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Gomes Rose M and Pontiff Sheila
Bought by
Ridley Robert and Bovan Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Gomes Marceline S and Gomes Rose Marie
Bought by
Lenhart Charles R and Lenhart Cynthia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Nantucket, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,000,000 None Available
Ridley Robert -- --
South Landing T $650,000 --
Lenhart Charles R $380,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $250,000
Previous Owner Gomes Marceline S $145,000
Previous Owner Gomes Marceline S $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2020 07/07/20 Sold $2,000,000 -8.9% $1,140 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $2,195,000 -- $1,251 / Sq Ft
Source: LINK

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,791 $961,200 $961,200 $0
2024 $2,791 $1,011,800 $1,011,800 $0
2023 $0 $965,000 $965,000 $0
2022 $0 $809,000 $809,000 $0
2021 $0 $809,000 $809,000 $0
2020 $2,791 $809,000 $809,000 $0
2019 $2,670 $794,500 $794,500 $0
2018 $3,329 $988,000 $794,500 $193,500
2017 $3,349 $988,000 $794,500 $193,500
2016 $2,859 $851,000 $657,500 $193,500
2015 $2,315 $641,400 $393,400 $248,000
2014 $2,227 $592,200 $344,200 $248,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 86245

APN: NANT-000-055-000-000-0002-86-000-000

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