NOT LISTED FOR SALE

14 Lowell Place Nantucket, MA 02554

Estimated Value: $3,826,000 - $6,052,000

2 Beds
2 Baths
1,320 Sq Ft
$3,756/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $2,850,000 $2,159 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $26,636/month

59 Days on Market

About This Home

As of November 2020

Incredible opportunity to own an oversized parcel of land at the end of a quiet lane just moments away from Main Street. This 15,000 s.f. property is located in R-1 zoning and is comprised of two dwellings that predate 1955, offering the possibility for future subdivision. Whether two smaller parcels or one spacious property, this location allows for 30 percent ground cover and the option for a pool.

Last Agent to Sell the Property

Jennifer Shalley Allen

Fisher Real Estate Listed on: 07/20/2020

Last Buyer's Agent

Robert Sarkisian

BHHS Island Properties Nantucket

BHHS Island Properties Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1926

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R1

Home Design

  • 1,320 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 164

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,650

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.3547
  • Garage Yn: No
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: .
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Unfinished with storage, mechanicals.
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Interior Amenities: Floor 1: The front door leads to a lovely a charming sleeping porch where you can imagine many wonderful summers were spent. Beyond is a spacious living room with fireplace. The kitchen is to the left and a bedroom with closet and hall bath is to the right. Interior stairs lead to an unfinished basement. Oil heat in the front cottage; electric in the back.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: See Deed., Spacious front and back yard
  • Pool Private: No
  • View: None, Res
  • Foundation Details: Block

Utilities

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

Lot Info

  • Lot Size Sq Ft: 15454
  • Parcel #: 164
  • Zoning: R1

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4650
  • Tax Lot: .
  • Tax Map Number: 41
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Norris Building Co Inc
Bought by
Norris Mark F and Norris Elizabeth A
Current Estimated Value
$4,957,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$953,357
Interest Rate
4.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$4,004,470

Purchase Details

Closed on
Sep 1, 2022
Sold by
Norris Building Co Inc
Bought by
Norris Mark F and Norris Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$953,357
Interest Rate
4.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$4,004,470

Purchase Details

Closed on
Nov 3, 2021
Sold by
Norris Building Co Inc
Bought by
Lowell Place Llc

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 14, 2020
Sold by
Hartman Deborah and Anno Jacqueline
Bought by
Norris Building Co Inc
Seller's Agent
Jennifer Shalley Allen
Fisher Real Estate
Buyer's Agent
Robert Sarkisian
BHHS Island Properties Nantucket
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Foresam Llc
Bought by
Hartman Deborah and Anno Jacqueline

Purchase Details

Closed on
Dec 31, 2014
Sold by
Hartman Deborah and Anno Jacqueline
Bought by
Foresam Llc
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
Norris Mark F -- None Available
Norris Mark F -- None Available
Norris Mark F -- None Available
Norris Mark F -- None Available
Norris Mark F -- None Available
Norris Mark F -- None Available
Lowell Place Llc $5,250,000 None Available
Norris Building Co Inc $2,850,000 None Available
Hartman Deborah -- --
Hartman Deborah -- --
Foresam Llc -- --
Foresam Llc -- --
Hartman Deborah -- --
Foresam Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Mark F $1,000,000
Closed Norris Mark F $1,000,000
Closed Norris Mark F $1,000,000
Previous Owner Foresam Llc $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $2,850,000 -4.8% $2,159 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $2,995,000 -- $2,269 / 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 $8,228 $2,508,600 $1,534,300 $974,300
2024 $8,011 $2,559,300 $1,534,300 $1,025,000
2023 $5,343 $1,664,500 $1,384,200 $280,300
2022 $4,743 $1,268,100 $1,025,600 $242,500
2021 $4,532 $1,248,400 $996,000 $252,400
2020 $4,651 $1,348,000 $1,095,600 $252,400
2019 $4,463 $1,328,200 $1,075,800 $252,400
2018 $4,032 $1,123,400 $912,800 $210,600
2017 $4,242 $1,251,300 $1,030,200 $221,100
2016 $4,160 $1,238,100 $1,043,200 $194,900
2015 $4,028 $1,115,900 $930,600 $185,300
2014 $4,003 $1,064,700 $874,200 $190,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 87147

APN: NANT-000-041-000-000-0001-64-000-000