NOT LISTED FOR SALE

157 Main St Unit 1 Nantucket, MA 02554

Estimated Value: $3,330,107 - $3,911,000

4 Beds
3 Baths
2,110 Sq Ft
1960 Built

Last Sold November 19, 2021

Last sale price $2,575,000 $1,220 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $19,303/month

221 Days on Market

About This Home

As of November 2021

This free standing gambrel condo is situated at the top of Main Street and Barnabas Lane. It offers attractively designed living spaces, both inside and out, with 4 bedrooms and 3 full bathrooms. There is a large outdoor living space with privacy hedges. *The Dutch door in the kitchen has been replaced by a solid door.

Last Agent to Sell the Property

Raveis Office

William Raveis Nantucket Listed on: 04/21/2021

Last Buyer's Agent

Shelly Lockwood

J Pepper Frazier Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 1960

Home Design

  • 2,110 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Deck
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 228/1

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,505

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Road Frontage Type: None
  • Garage Yn: No
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PLNO 2009-28, 21317J
  • Appliances: Stove: Frigidaire, Washer: yes
  • Has Basement: Finished bunkroom, game, laundry and furnace rooms.
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: 3
  • Interior Amenities: AC,Ins,OSh, Floor 1: The main floor has two large living areas - one has a kitchen/den with granite counter tops and stainless appliances. It also features an island. The other a living/dining space with sliders out to the deck. There is a full bathroom with shower on this floor. There is also an outdoor shower., Floor 2: Master bedroom with shower bath and two bedrooms that share a bath.

Exterior Features

  • Lot Features: There is a common use area which is designated on the plan., Yes, to side and rear of house.
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck

Garage/Parking

  • Parking Features: yes

Utilities

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

Green Features

Lot Info

  • Parcel #: 228/1
  • Zoning: R10

Multi Family

Tax Info

  • Tax Lot: 1
  • Tax Map Number: 41
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
157 Main St Ack Llc
Bought by
Kensington House Llc
Current Estimated Value
$3,552,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,696,000
Outstanding Balance
$2,664,285
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$888,242

Purchase Details

Listed on
Apr 21, 2021
Closed on
Nov 18, 2021
Sold by
157 Main Street Nt and Reade
Bought by
157 Main Street Ack Llc
Seller's Agent
Raveis Office
William Raveis Nantucket
Buyer's Agent
Shelly Lockwood
J Pepper Frazier Co.
List Price
$2,995,000
Sold Price
$2,575,000
Premium/Discount to List
-$420,000
-14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$2,139,620
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2020
Sold by
Woodbury Lane Rt
Bought by
157 Main St Nt

Purchase Details

Closed on
Apr 17, 2007
Sold by
Uwo-Payne Francis Kermit and Payne Harry Caleb
Bought by
Payne Harry Caleb
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
Kensington House Llc $3,370,000 None Available
Kensington House Llc $3,370,000 None Available
157 Main Street Ack Llc $2,575,000 None Available
157 Main Street Ack Llc $2,575,000 None Available
157 Main St Nt $160,000 None Available
Payne Harry Caleb -- --
Payne Harry Caleb -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kensington House Llc $2,696,000
Closed Kensington House Llc $2,696,000
Previous Owner 157 Main Street Ack Llc $2,139,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $2,575,000 -14.0% $1,220 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $2,995,000 -- $1,419 / 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 $8,505 $2,593,000 $0 $2,593,000
2024 $8,014 $2,560,400 $0 $2,560,400
2023 $6,503 $2,025,900 $0 $2,025,900
2022 $33 $892,100 $0 $892,100
2021 $3,208 $883,800 $0 $883,800
2020 $3,049 $883,800 $0 $883,800
2019 $2,970 $883,800 $0 $883,800
2018 $2,793 $774,400 $0 $774,400
2017 $2,625 $774,400 $0 $774,400
2016 $2,540 $755,900 $0 $755,900
2015 $2,564 $710,200 $0 $710,200
2014 $2,675 $711,500 $0 $711,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Raveis Office

    William Raveis Nantucket

    2 in this area

    2 Total Sales

    Raveis Office
    Section Image

  • S

    Buyer's Agent in 2021

    Shelly Lockwood

    J Pepper Frazier Co.

    (860) 200-4139

    17 in this area

    17 Total Sales

    Shelly Lockwood
    Section Image
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Map

Source: LINK

MLS Number: 88051

APN: NANT-000-041-000-000-0002-88-000-001

Massachusetts Nantucket County Nantucket 02554

157 Main St Unit 1, Nantucket, MA

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