NOT LISTED FOR SALE

16 Cherry St Nantucket, MA 02554

Estimated Value: $1,762,000 - $2,808,989

3 Beds
2 Baths
2,035 Sq Ft
$1,021/Sq Ft Est. Value

About This Home

This home is located at 16 Cherry St, Nantucket, MA 02554 and is currently estimated at $2,078,247, approximately $1,021 per square foot. 16 Cherry St is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Zarcone Margaret
Bought by
Zarcone Margaret and Zarcone Michael
Current Estimated Value
$2,078,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Outstanding Balance
$238,266
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,839,981

Purchase Details

Closed on
Oct 11, 2011
Sold by
Chiles Holdings Ltd
Bought by
Zarcone Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2011
Sold by
Hatch Jeffrey and Bank Of New York Mello
Bought by
Chiles Holdings Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Winthrop Nantucket Nt and Braverman
Bought by
Hatch Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Zarcone Margaret -- None Available
Zarcone Margaret -- None Available
Zarcone Margaret $675,000 --
Zarcone Margaret $675,000 --
Chiles Holdings Ltd $475,000 --
Chiles Holdings Ltd $475,000 --
Hatch Jeffrey $1,150,000 --
Hatch Jeffrey $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarcone Margaret $338,000
Closed Zarcone Margaret $338,000
Previous Owner Chiles Holdings Ltd $438,750
Previous Owner Chiles Holdings Ltd $500,000
Previous Owner Hatch Jeffrey $862,500
Source: Public Records

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 $4,551 $1,387,500 $485,700 $901,800
2024 $4,199 $1,341,600 $485,700 $855,900
2023 $3,622 $1,128,500 $462,600 $665,900
2022 $3,382 $904,200 $372,900 $531,300
2021 $3,258 $897,400 $385,800 $511,600
2020 $3,096 $897,400 $385,800 $511,600
2019 $3,014 $897,100 $384,900 $512,200
2018 $2,718 $770,100 $384,900 $385,200
2017 $2,502 $738,000 $352,800 $385,200
2016 $2,288 $680,900 $307,900 $373,000
2015 $2,343 $649,100 $332,100 $317,000
2014 $2,378 $632,500 $315,500 $317,000
Source: Public Records

Map

Massachusetts Nantucket County Nantucket 02554

16 Cherry St, Nantucket, MA

Not Listed for Sale

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