NOT LISTED FOR SALE

15 New Ln Nantucket, MA 02554

Estimated Value: $2,582,000 - $3,142,000

4 Beds
4 Baths
1,964 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $1,960,000 $998 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $15,960/month

31 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Patio
  • Deck
  • No HOA
  • Tankless Water Heater

About This Home

As of September 2018

Conveniently located at the edge of Nantucket's storied historic district, this four bedroom, four bathroom property offers a comfortable blend of historic and contemporary elements. Recently updated and furnished, the home boasts three bedrooms and two living areas on the first floor, as well as a second floor suite complete with living area and kitchen. A large stone patio enclosed by mature privet hedges offers a wonderful outdoor living component. Located near Town, bike paths, the Westmoor Club and Cliff area beaches, the property is ideally situated to enjoy all that Nantucket has to offer. It also an excellent rental property for those looking for income when the property is not in use. First Floor
Enter into a brightly lit living room with hardwood flooring and access to the second floor. Past the living room is a guest bedroom suite with a lovely tiled bathroom and access to outdoor patio. A second guest bedroom utilizes a hall bath, also with tiled shower. A professionally designed kitchen with breakfast bar opens to the dining area with slider to grilling deck. Just beyond is the family room with vaulted ceiling and sliders to the outdoor patio. A stairway leads up to a spacious loft with hardwood floors. The private master bedroom suite offers french doors that open to the patio and includes a large walk-in closet and custom-designed bathroom with separate soaking tub and oversized tiled shower.

Second Floor
Open suite with living room, bedroom, eat-in kitchen and full bath.

Basement
Unfinished walk-out basement, perfect for storage and beach gear. Separate laundry & folding area.

Last Agent to Sell the Property

Jennifer Shalley Allen

Fisher Real Estate License #9520084 Listed on: 06/21/2018

Last Buyer's Agent

Jennifer Shalley Allen

Fisher Real Estate License #9520084 Listed on: 06/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 6,388 Sq Ft Lot
  • Garden
  • Property is zoned R1/SR1

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,964 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Hot Water Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 41282

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,307

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Walk-Out Access
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Take Main Street to the Madaket Road intersection and veer right on New Lane. The house is on the right hand side of the road as you head toward West Chester St.
  • Architectural Style: Cape
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Tankless Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Garden
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Updated/Remodeled, Actual
  • Roof: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Hot Water
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nantucket

Lot Info

  • Zoning: R1/SR1
  • Land Lease: No
  • Lot Size Sq Ft: 6388
  • Parcel #: 41282
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1920

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2307.12
  • Tax Book Number: 751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 4, 2018
Sold by
Quinn Justin
Bought by
Lerner Lois G and Miles Michael R
Seller's Agent
Jennifer Shalley Allen
Fisher Real Estate
Buyer's Agent
Jennifer Shalley Allen
Fisher Real Estate
List Price
$1,995,000
Sold Price
$1,960,000
Premium/Discount to List
-$35,000
-1.75%
Current Estimated Value
$2,818,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,600
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,210,000
Interest Rate
4.13%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2002
Sold by
Shaw Christine Hygat
Bought by
Quinn Justin
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
Lerner Lois G $1,960,000 --
Quinn Justin $589,000 --
Quinn Justin $589,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Michael R $870,000
Closed Lerner Lois G $1,210,000
Previous Owner Quinn Justin M $1,276,000
Previous Owner Quinn Justin $400,000
Previous Owner Marietta Nt $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $1,960,000 -1.8% $998 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $1,995,000 -- $1,016 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $7,223 $2,202,000 $931,000 $1,271,000
2024 $7,145 $2,282,900 $1,011,900 $1,271,000
2023 $5,716 $1,780,700 $886,700 $894,000
2022 $50 $1,328,500 $578,700 $749,800
2021 $4,991 $1,374,800 $643,000 $731,800
2020 $4,743 $1,374,800 $643,000 $731,800
2019 $3,902 $1,161,200 $641,500 $519,700
2018 $2,249 $1,123,500 $731,300 $392,200
2017 $3,809 $1,123,500 $731,300 $392,200
2016 $3,647 $1,085,500 $705,700 $379,800
2015 $3,969 $1,099,400 $719,600 $379,800
2014 $4,092 $1,088,300 $708,500 $379,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21804544

Cape Cod & Islands Association of REALTORS®

APN: NANT-000-041-000-000-0002-82-000-000