$732,000
SOLD MAY 4, 2012

16 Ridge Ln Nantucket, MA 02554

3 Beds
2 Baths
1,206 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$607 Per Sq Ft

19% Below List Price

711 Days on Market

About This Home

As of October 2015

Lovely, well maintained 3 bedroom, 2 full bath post and beam home, in a quiet setting. Great summer or year round home with fireplace, outdoor shower, large yard and close proximity to conservation land and north shore beaches.

Last Agent to Sell the Property

John Arena

William Raveis Nantucket Listed on: 04/24/2010

William Raveis Nantucket

Last Buyer's Agent

Linda Bellevue

Atlantic East Nantucket Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1983

Lot Details

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

Home Design

  • 1,206 Sq Ft Home

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Tennis Courts

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,765

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
  • Appliances: Stove: Yes, Washer: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ins,OSh
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: None known. See condo docs, Large
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, C/Tennis
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Lot Info

  • Parcel #: 120
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 2765
  • Tax Lot: 1
  • Tax Map Number: 38
  • Tax Other Annual Assessment Amount: 450500
  • Tax Year: 2012

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:

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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 Type Sale Price Title Company
Quit Claim Deed -- --
Land Court Massachusetts $700,000 --
Land Court Massachusetts $700,000 --
Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii $300,000 --
Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $802,000 Stand Alone Refi Refinance Of Original Loan
Closed $73,925 Balloon
Previous Owner $100,000 No Value Available
Previous Owner $597,800 No Value Available
Previous Owner $525,000 Purchase Money Mortgage
Closed $0 No Value Available
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: 73800

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 and is currently priced at $732,000, approximately $606 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.

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