NOT LISTED FOR SALE

16 Meadow Ln Nantucket, MA 02554

Estimated Value: $6,149,000 - $7,230,000

6 Beds
5 Baths
5,200 Sq Ft
$1,253/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $2,750,000 $529 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $36,000/month

71 Days on Market

Highlights

  • 0.57 Acre Lot
  • Deck
  • Porch
  • Pasture Views

About This Home

As of October 2014

This magnificent home on Meadow Lane, with a large open floor plan offers multiple living areas, as well as six large bedrooms.  There are high end custom details throughout, as the home was built by one of the Islands premier builders for his own home. The private location is at the end of a serene street, seconds from Main Street.  You will enjoy sunset views over the pastoral landscape looking to the west.  The home sits on an oversized lot with room for additional buildings, a second dwelling and a pool.  Offered partially furnished, less artwork and personal items.  The home also has a great summer rental history.  Listing agent is related to the seller.

Last Agent to Sell the Property

Dawn Hill Holdgate

Great Point Properties Listed on: 05/27/2014

Last Buyer's Agent

Michele Kelsey

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,951

Year Built

  • Built in 2005

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R20

Interior Spaces

  • 5,200 Sq Ft Home
  • Partially Furnished
  • Pasture Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 600

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,951

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.57
  • Garage Yn: No
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: -
  • Appliances: Stove: Viking, Washer: Bosch
  • Has Basement: Full finished with radiant heat.
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: 4 wood burning
  • Fireplace: No
  • Flooring: ash-hardwood, bedroom carpet, tile baths
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Book end living and family rooms both with fireplaces, on either side of the front hall.  Walk through library space.  Dining room with french door opening to a large back deck.  Eat in large kitchen with a fireplace. Full bath and laundry off side mud room area., Floor 2: Master bedroom with fireplace, walk in closet, white honed marble master bath. Guest suite with private bath.  Two additional large bedrooms with a full hall bath.  Door to second floor deck off hallway., Floor 3: Two large bedrooms with a shared hall bath.

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck, Porch
  • Foundation Details: poured concrete
  • Other Structures: Ground cover available.

Garage/Parking

  • Parking Features: Yes - shell

Utilities

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

Lot Info

  • Lot Size Sq Ft: 24829
  • Parcel #: 600
  • Zoning: R20

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 7951
  • Tax Lot: 10
  • Tax Map Number: 41
  • Tax Other Annual Assessment Amount: 695500
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2016
Sold by
Mchugh Peter K and Mchugh Valerie L
Bought by
16 Meadow Lane Llc
Current Estimated Value
$6,516,402

Purchase Details

Listed on
May 27, 2014
Closed on
Oct 15, 2014
Sold by
Hill Warren W
Bought by
Mchugh Valerie L and Mchugh Peter K
Seller's Agent
Dawn Hill Holdgate
Great Point Properties
Buyer's Agent
Michele Kelsey
William Raveis Nantucket
List Price
$2,975,000
Sold Price
$2,750,000
Premium/Discount to List
-$225,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$1,925,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
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
16 Meadow Lane Llc -- --
16 Meadow Lane Llc -- --
16 Meadow Lane Llc -- --
Mchugh Valerie L $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchugh Valerie L $1,925,000
Previous Owner 16 Meadow Lane Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $2,750,000 -7.6% $529 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $2,975,000 -- $572 / 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 $17,417 $5,310,100 $1,619,800 $3,690,300
2023 $12,982 $4,044,200 $1,365,100 $2,679,100
2022 $12,039 $3,219,000 $1,040,600 $2,178,400
2021 $11,505 $3,169,400 $991,000 $2,178,400
2020 $11,329 $3,283,900 $991,000 $2,292,900
2019 $11,015 $3,278,400 $985,500 $2,292,900
2018 $10,764 $3,049,400 $985,500 $2,063,900
2017 $10,144 $2,992,200 $985,500 $2,006,700
2016 $9,716 $2,891,700 $985,500 $1,906,200
2015 $8,502 $2,355,200 $695,500 $1,659,700
2014 $8,856 $2,355,200 $695,500 $1,659,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dawn Hill Holdgate

    Great Point Properties

    (508) 364-7342

    32 in this area

    32 Total Sales

    Dawn Hill Holdgate
    Section Image

  • M

    Buyer's Agent in 2014

    Michele Kelsey

    William Raveis Nantucket

    (508) 246-9290

    32 in this area

    32 Total Sales

    Michele Kelsey
    Section Image
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Map

Source: LINK

MLS Number: 79113

APN: NANT-000-041-000-000-0006-00-000-000

Massachusetts Nantucket County Nantucket 02554

16 Meadow Ln, Nantucket, MA

This home is located at 16 Meadow Ln, Nantucket, MA 02554 since 27 May 2014 and is currently estimated at $6,516,402, approximately $1,253 per square foot. This property was built in 2005. 16 Meadow Ln is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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