NOT LISTED FOR SALE

16 Ridge Ln Nantucket, MA 02554

Estimated Value: $2,097,493 - $2,473,000

3 Beds
2 Baths
1,362 Sq Ft
$1,702/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $1,185,000 $870 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $13,083/month

185 Days on Market

Highlights

  • View of Trees or Woods
  • Tennis Courts
  • Porch
  • Deck

About This Home

As of October 2015

GREAT ISLAND GETAWAY
This fabulous 3 bedroom, 2 bath Oak post & beam cottage is a perfect island escape or year round home. Tucked in the pines adjacent to conservation with trails to north shore beaches through "Loring Wildlife Preserve" just across the lane. Private community tennis courts, boat storage, and easy access to Madaket Harbor for kayaks, windsurfers, etc. Professional renovation complete from stem to stern including new: roof, Cedar siding, Anderson "A Series" insulating windows, kitchen, baths, Maogany deck & porch, efficient HVAC, extensive landscping with exterior lighting, irrigation, etc. “TurnKey” and ready for occupancy!

Last Agent to Sell the Property

Cynthia Lenhart

William Raveis Nantucket Listed on: 03/13/2015

Last Buyer's Agent

Francie Bovers

Osprey Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned LUG2

Interior Spaces

  • 1,362 Sq Ft Home
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 120

Community Details

Overview

  • Association fees include dues covers maintenance of tennis court and boat storage area.

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.23
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Refrence 15400-B.
  • Appliances: Stove: GE, Washer: GE
  • Has Basement: Crawl space completely encapsulated with new vapor barrier walls and floor. First floor joist space newly insulated with heat reflective Mylar Reflextix and dehumidifying system installed. New interior access to crawl space plus exterior hatch with bulkhead cover.
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1 wood burning
  • Fireplace: No
  • Flooring: pine, tile
  • Interior Amenities: AC,Ins,Irr, Floor 1: Covered front porch, modern kitchen with counter bar, den / guest bedroom, bath with stall shower, insulated sun room, living / dining room with wood burning fireplace and French doors opening to large rear sun deck., Floor 2: Two bedrooms each with beamed vaulted ceilings. Full bath in hall with tub / shower., Floor 3: None
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Fishers Landing Association Deed Restrictions., Beauitfully landscaped yard with irrigation.
  • Pool Private: No
  • View: None, Trees/Woods
  • Exterior Features: Deck, Porch, C/Tennis
  • Foundation Details: Block insulated.
  • Other Structures: 120 square foot shed with electricity & water, presently set up with dog kennel and storage area. In addition a wart on north side of the house was created as mini tool shed/ workshop with storage and electricity. Back yard completely fenced with post and rail fencing and wire netting perfect for dog owners.

Garage/Parking

  • Parking Features: Ample

Utilities

  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 650

Fee Information

  • Association Fee Includes: Association dues covers maintenance of tennis court and boat storage area.

Lot Info

  • Parcel #: 120
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 2703.9
  • Tax Lot: 20
  • Tax Map Number: 38
  • Tax Other Annual Assessment Amount: 450000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Oct 26, 2015
Sold by
Mccarthy John J
Bought by
Mccarthy John J and Mccarthy Kathleen
Seller's Agent
Cynthia Lenhart
William Raveis Nantucket
Buyer's Agent
Francie Bovers
Osprey Real Estate
List Price
$1,195,000
Sold Price
$1,185,000
Premium/Discount to List
-$10,000
-0.84%
Current Estimated Value
$2,317,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,132,873
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Mar 3, 2004
Sold by
Romanos Debra L and Romanos Peter P
Bought by
Driggs William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1997
Sold by
Brewer Thomas A and Brewer Penny A
Bought by
Romanos Peter P and Romanos Debra L
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
Mccarthy John J -- --
Driggs William M $700,000 --
Driggs William M $700,000 --
Romanos Peter P $300,000 --
Romanos Peter P $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy John J $250,000
Open Mccarthy John J $802,000
Closed Mccarthy John J $73,925
Previous Owner Driggs William M $100,000
Previous Owner Driggs William M $597,800
Previous Owner Driggs William M $525,000
Closed Mccarthy John J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $1,185,000 -0.8% $870 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $1,195,000 +63.3% $877 / Sq Ft
05/04/2012 05/04/12 Sold $732,000 -18.6% $607 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
04/24/2010 04/24/10 For Sale $899,000 -- $745 / 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 $5,738 $1,749,400 $811,400 $938,000
2024 $5,252 $1,678,100 $753,400 $924,700
2023 $4,280 $1,333,400 $640,400 $693,000
2022 $3,756 $1,004,200 $487,700 $516,500
2021 $3,545 $976,600 $460,100 $516,500
2020 $3,780 $1,095,700 $552,100 $543,600
2019 $3,991 $1,187,700 $644,100 $543,600
2018 $3,568 $1,041,400 $552,100 $489,300
2017 $3,547 $1,046,400 $570,500 $475,900
2016 $3,144 $935,600 $625,700 $309,900
2015 $2,636 $730,100 $450,500 $279,600
2014 $2,745 $730,100 $450,500 $279,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cynthia Lenhart

    William Raveis Nantucket

    (508) 325-1648

    6 in this area

    6 Total Sales

    Cynthia Lenhart
    Section Image

  • F

    Buyer's Agent in 2015

    Francie Bovers

    Osprey Real Estate

    (970) 389-4117

    3 in this area

    3 Total Sales

    Francie Bovers
    Section Image
  • John Arena

    Seller's Agent in 2012

    John Arena

    William Raveis Nantucket

    (617) 771-3511

    42 in this area

    42 Total Sales

    John Arena
    Section Image

  • L

    Buyer's Agent in 2012

    Linda Bellevue

    Atlantic East Nantucket Real Estate

    (508) 325-2700

    24 in this area

    24 Total Sales

    Linda Bellevue
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 80189

APN: NANT-000-038-000-000-0001-20-000-000

Massachusetts Nantucket County Nantucket 02554

16 Ridge Ln, Nantucket, MA

This home is located at 16 Ridge Ln, Nantucket, MA 02554 since 13 March 2015 and is currently estimated at $2,317,873, approximately $1,701 per square foot. This property was built in 1983. 16 Ridge 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.

Nearby Homes