NOT LISTED FOR SALE

16 Cathcart Rd Nantucket, MA 02554

Estimated Value: $6,308,000 - $11,669,182

5 Beds
4.5 Baths
3,540 Sq Ft
$2,532/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $9,500,000 $2,684 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $49,265/month

196 Days on Market

Highlights

  • 0.99 Acre Lot
  • Patio
  • Garage
  • Porch
  • Garden

About This Home

As of July 2022

This stunning Monomoy home was completely renovated in 2015 and offers magnificent, sweeping views across the Harbor to Town, Brant Point, and Coatue. Immaculately maintained gardens accentuate the large yard with ample room for a pool. Located a short walk from Cathcart beach. Room for expansion or a second dwelling. This home is part of the Shimmo Pond Association which gives deeded harbor access from a private beach.

Last Agent to Sell the Property

Greg McKechnie

Great Point Properties Listed on: 01/25/2022

Last Buyer's Agent

Anne Gifford

Congdon & Coleman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,322

Year Built

  • Built in 1978

Lot Details

  • 0.99 Acre Lot
  • Garden
  • Property is zoned LUG1

Parking

  • Garage

Home Design

  • 3,540 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 147

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,322

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.9901
  • Garage Yn: Yes
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: LC 11461-N
  • Appliances: Stove: Wolf, Washer: Maytag
  • Has Basement: The unfinished lower level has ample room for storage.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Yes
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Enter into the front foyer. To the right, find a guest bedroom and an ensuite shower bathroom. The formal open dining and living room with fireplace are straight through the entrance. Two sets of French doors open onto the spectacular patio with gorgeous views of the harbor, grand gardens, and the rolling yard. To the left of the dining area, step down into the large great room with a cathedral ceiling and the high-end kitchen with a Wolf range, SubZero refrigerator. French doors open onto a covered patio, ideal for grilling, dining al fresco, or taking in the view. Behind the great room are a small office and powder room, a laundry closet, and access to the two-car garage. The back stairs lead to a large guest bedroom, a seating area, and an ensuite bathroom with double marble sinks and a separate shower closet., Floor 2: The primary suite overlooks the harbor, seating area, flat-screen television, two walk-in closets, washer and dryer, and ensuite shower bathroom with double marble sinks. There are two additional guest bedrooms on this floor, each with two twin beds. The guest rooms share a hall bathroom with double marble sinks and a combination tub/shower.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Walking Path Easement in favor of 69 Monomoy Road across the northern portion of the lot out to Cathcart Road. Part of the Shimmo Pond Association., Yes
  • Pool Private: No
  • View: Hbr, Snd
  • Exterior Features: Patio, Porch, Garden
  • Foundation Details: Block
  • Other Structures: The attached two-car garage provides additional room for storage.

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 43132
  • Parcel #: 147
  • Zoning: LUG1

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 13322
  • Tax Lot: 86
  • Tax Map Number: 43
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Nov 7, 2014
Sold by
16 Cathcart Road Llc
Bought by
Grote Suzy W and Grote Richard T
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$3,586,000
Current Estimated Value
$8,965,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,379,046
Avg. Annual Appreciation
8.55%
Original Mortgage
$2,000,000
Outstanding Balance
$1,532,069
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,432,977

Purchase Details

Closed on
Aug 5, 2008
Sold by
Jacobsen Ft and Jacobsen
Bought by
16 Cathcart Road Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Grote Suzy W $3,585,600 --
16 Cathcart Road Llc -- --
16 Cathcart Road Llc -- --
16 Cathcart Road Llc -- --
16 Cathcart Road Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grote Suzy W $2,000,000
Closed Grote Suzy W $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $9,500,000 -13.2% $2,684 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $10,950,000 +205.4% $3,093 / Sq Ft
11/07/2014 11/07/14 Sold $3,586,000 -- $1,813 / Sq Ft View Prior Sale
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 $28,635 $8,730,200 $4,913,000 $3,817,200
2024 $26,430 $8,444,100 $4,913,000 $3,531,100
2023 $15,091 $4,701,400 $3,504,600 $1,196,800
2022 $147 $3,925,100 $2,922,100 $1,003,000
2021 $13,323 $3,670,200 $2,691,400 $978,800
2020 $12,662 $3,670,200 $2,691,400 $978,800
2019 $12,314 $3,665,000 $2,686,200 $978,800
2018 $11,875 $3,439,500 $2,686,200 $753,300
2017 $11,660 $3,439,500 $2,686,200 $753,300
2016 $10,455 $3,111,600 $2,609,400 $502,200
2015 $11,410 $3,160,700 $2,461,000 $699,700
2014 $13,482 $3,585,600 $2,885,900 $699,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Greg McKechnie

    Great Point Properties

    66 in this area

    66 Total Sales

    Greg McKechnie
    Section Image

  • A

    Buyer's Agent in 2022

    Anne Gifford

    Congdon & Coleman Real Estate

    (508) 221-0388

    10 in this area

    10 Total Sales

    Anne Gifford
    Section Image

  • N

    Seller's Agent in 2014

    Nantucket CompLINK

    LINK Listing Information Network

    408 in this area

    410 Total Sales

    Nantucket CompLINK
    Section Image
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Map

Source: LINK

MLS Number: 89031

APN: NANT-000-043-000-000-0001-47-000-000

Massachusetts Nantucket County Nantucket 02554

16 Cathcart Rd, Nantucket, MA

Not Listed for Sale

Detached

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