NOT LISTED FOR SALE

14 Gingy Ln Nantucket, MA 02554

Estimated Value: $3,488,000 - $6,528,610

5 Beds
5.5 Baths
5,700 Sq Ft
$940/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $2,400,000 $421 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $31,279/month

72 Days on Market

About This Home

As of October 2013

New Construction with approximately 5,650 sf of living space. Located steps from Cliff Road, Gingy Lane is a new private enclave of exceptional custom built homes.  Each home and the common areas are beautifully landscaped and look out onto a natural water garden.  These houses abound with personality and are loaded with details using the finest materials.  A must see for the discerning buyer and investors alike.

Last Agent to Sell the Property

Marybeth Gibson

Maury People Sotheby's International Realty Listed on: 07/08/2013

Last Buyer's Agent

Paula Maloney

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,706

Year Built

  • Built in 2012

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R1

Home Design

  • 5,700 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 845

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,706

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 2010-06
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Lower level: Large finished lower level with high ceilings, full size windows and ash flooring throughout.  Two ensuite bedrooms, laundry and a family/media room with fireplace and wetbar.
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: 3
  • Flooring: Ash
  • Interior Amenities: Floor 1: Open foyer leading to an office/den, powder room, mudroom and to the grand open plan living and dining areas. Large custom fireplace and multiple French doors leading to the wrap around porches. An exquisite gourmet kitchen with large pantry anchors the first floor. Ash flooring throughout., Floor 2: An expansive master bedroom with large custom fireplace, soaring ceilings, seating area and an abundance of closet space.  Completing the master suite is a spacious bathroom with large custom shower, floating bathtub and separate water closet.  Two additional en-suite bedrooms and a laundry room complete the second floor.  Ash flooring throughout.

Exterior Features

  • Lot Features: See Deed recorded in Book 1307, Page 157., Yes
  • Pool Private: No
  • View: None, Res
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6098
  • Parcel #: 845
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 4706
  • Tax Lot: 6
  • Tax Map Number: 41
  • Tax Other Annual Assessment Amount: 708500
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Oct 18, 2013
Sold by
Minella Philip J
Bought by
Mark Ft
Seller's Agent
Marybeth Gibson
Maury People Sotheby's International Realty
Buyer's Agent
Paula Maloney
William Raveis Nantucket
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%
Current Estimated Value
$5,492,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,092,439
Avg. Annual Appreciation
7.01%
Original Mortgage
$1,350,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mark Ft $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark Ft $1,350,000
Closed Mark Ft $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $2,400,000 -14.1% $421 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $2,795,000 -- $490 / 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 $16,233 $4,949,100 $1,538,100 $3,411,000
2024 $15,341 $4,901,200 $1,538,100 $3,363,100
2023 $12,705 $3,957,800 $1,464,900 $2,492,900
2022 $118 $3,149,500 $1,221,700 $1,927,800
2021 $11,083 $3,053,100 $1,125,300 $1,927,800
2020 $10,874 $3,151,900 $1,125,300 $2,026,600
2019 $10,589 $3,151,400 $1,122,600 $2,028,800
2018 $10,477 $2,953,800 $1,122,600 $1,831,200
2017 $9,846 $2,904,400 $1,122,600 $1,781,800
2016 $9,356 $2,784,600 $1,090,600 $1,694,000
2015 $7,685 $2,128,800 $719,600 $1,409,200
2014 $6,967 $1,852,800 $708,500 $1,144,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marybeth Gibson

    Maury People Sotheby's International Realty

    (508) 325-2897

    57 in this area

    57 Total Sales

    Section Image

  • P

    Buyer's Agent in 2013

    Paula Maloney

    William Raveis Nantucket

    (508) 332-8412

    13 in this area

    13 Total Sales

    Section Image
See All Agents

Map

Source: LINK

MLS Number: 77953

APN: NANT-000-041-000-000-0008-45-000-000

Massachusetts Nantucket County Nantucket 02554

14 Gingy Ln, Nantucket, MA

This home is located at 14 Gingy Ln, Nantucket, MA 02554 since 08 July 2013 and is currently estimated at $5,355,153, approximately $939 per square foot. This property was built in 2012. 14 Gingy Ln 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.

Nearby Homes