NOT LISTED FOR SALE

Estimated Value: $3,772,396

0.46 Acre
$8,200,861 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. 89% increase in value since last sale

Current estimated payment $20,728 / mo

266 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 apartment buildings. Restaurant, inn, 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

Jordan Real Estate Listed on: 08/26/2019

Co-Listed By

David Callahan

Jordan Real Estate

Last Buyer's Agent

DAVID CALLAHAN

William Raveis - Nantucket License #9005216

William Raveis - Nantucket

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,740

Lot Details

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 55286

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,740

Lot Details

0.46 Acres

Listing Details

  • Property Sub Type: Industrial
  • Prop. Type: Land
  • Lot Size Acres: 0.46
  • Road Frontage Type: Public
  • Co List Office Mls Id: JORL
  • Co List Office Phone: 508-228-4449
  • Directions: Orange Street
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Level
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Electric: At Street
  • Telephone: At Street
  • Utilities: Cable Available
  • Electricity On Property: No
  • Water Source: Public on Street

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nantucket

Lot Info

  • Zoning: CMI
  • Lot Size Sq Ft: 20038
  • Parcel #: 55286
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2739.53
  • Tax Book Number: 01266-0314
  • Tax Lot: 2

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 26, 2019
Closed on
Jul 7, 2020
Sold by
Bought by
Seller's Agent
Michael Angelastro
Jordan 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
$3,772,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,772,396
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Bought by

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
0.0483%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Bought by
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

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
-- --
$650,000 --
$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 $145,000
Previous Owner $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
05/20/2020 05/20/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $2,195,000 -- $1,251 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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: Cape Cod & Islands Association of REALTORS®

MLS Number: 21906187

Cape Cod & Islands Association of REALTORS®

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

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