NOT LISTED FOR SALE

18 Milk St Nantucket, MA 02554

Estimated Value: $5,164,000 - $6,031,000

7 Beds
7 Baths
4,900 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $4,253,600 $868 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $31,845/month

679 Days on Market

Highlights

  • Deck
  • Patio
  • Garage
  • Porch

About This Home

As of May 2017

18 Milk Street is a stunning antique home with modern amenities and updates. Located just off of Main Street, this property offers unique serenity for an in-town buyer. The two oversized lots are meticulously maintained with mature plantings and sheltered by a beautiful canopy of large elm trees. The main house has five bedrooms with four and a half bathrooms, a full basement, off-street parking, and air-conditioning. The 2003 built cottage offers two bedrooms, one and one half bathrooms, a two-bay garage, air-conditioning and a partial basement.

Last Agent to Sell the Property

Carl Lindvall

William Raveis Nantucket Listed on: 05/26/2015

Last Buyer's Agent

Michele Lindstedt

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,788

Year Built

  • Built in 1800

Lot Details

  • 0.33 Acre Lot
  • Property is zoned ROH

Parking

  • Garage

Home Design

  • 4,900 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 34

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,788

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.328
  • Garage Yn: Yes
  • Year Built: 1800
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Plan 03-13 "Blackwell Plan"
  • Appliances: Stove: Main House: Gaggenau 4 Burner Gas Stove & 2 Burner Electric Stove, Washer: Whirlpool
  • Has Basement: Full basement with interior and exterior access.
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: 7 Fireplaces in the Main House, and 1 Fireplace in the Cottage
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: A,AC,Disp,Ins,Irr, Floor 1: Enter into a stunning front foyer with a formal living room to your left, an office to your right, and a beautiful staircase leading to the second floor landing. Two access ways lead to a formal dining room, a wet bar, and an open kitchen with a breakfast table and step down living room. The powder room just off the kitchen also has a full laundry closet., Floor 2: The second floor is accessed by one of two staircases. The large master bedroom is ensuite with claw-foot tub and glassed in shower. There is also a guest suite with a queen sized bed and private bathroom. A bedroom with a single bed, and a bedroom with a queen sized bed share a hall bathroom., Floor 3: Cozy bedroom with twin sized beds that look out over the back yard. Ensuite with private bathroom.

Exterior Features

  • Lot Features: Yes. See plot plan., Large open yard on both sides of the home.
  • Pool Private: No
  • View: None, Twn
  • Exterior Features: Deck, Patio, Porch
  • Foundation Details: Concrete Block
  • Other Structures: See Cottage.

Garage/Parking

  • Parking Features: Off-Street parking for 2 cars on New Mill Street side, Off-Street Parking for 4+cars on Milk Street side.

Utilities

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

Lot Info

  • Lot Size Sq Ft: 14288
  • Parcel #: 34
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 9787.57
  • Tax Lot: 3
  • Tax Map Number: 4233
  • Tax Other Annual Assessment Amount: 900000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
May 15, 2017
Sold by
Gannett Adlumia S
Bought by
Gulbrandsen Peder
Seller's Agent
Carl Lindvall
William Raveis Nantucket
Buyer's Agent
Michele Lindstedt
Great Point Properties
List Price
$4,995,000
Sold Price
$4,253,600
Premium/Discount to List
-$741,400
-14.84%
Current Estimated Value
$5,589,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336,091
Avg. Annual Appreciation
3.35%
Original Mortgage
$3,000,000
Outstanding Balance
$2,509,439
Interest Rate
4.14%
Mortgage Type
Unknown
Estimated Equity
$3,080,252

Purchase Details

Closed on
Dec 29, 2004
Sold by
Barnaby Rt
Bought by
Gannett Adlumia S

Purchase Details

Closed on
Mar 22, 2000
Sold by
1L8 Milk Street Rt
Bought by
Fowlkes Hancock Re

Purchase Details

Closed on
Jul 9, 1999
Sold by
Windsor Kathryn W
Bought by
18 Milk Street Rt

Purchase Details

Closed on
Jul 10, 1992
Sold by
Anopol Joel
Bought by
Windsor Robert G and Windsor Kathryn W
Source: Public Records

Range of Values:

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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
Gulbrandsen Peder $4,253,600 --
Gannett Adlumia S -- --
Gannett Adlumia S -- --
Fowlkes Hancock Re $1,587,500 --
Fowlkes Hancock Re $1,587,500 --
18 Milk Street Rt $1,625,000 --
18 Milk Street Rt $1,625,000 --
Windsor Robert G $825,000 --
Windsor Robert G $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulbrandsen Peder $3,000,000
Closed Gulbrandsen Peder $3,000,000
Previous Owner Anapol Joel $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $4,253,600 -14.8% $868 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
05/26/2015 05/26/15 For Sale $4,995,000 -- $1,019 / 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 $17,371 $5,296,000 $1,572,300 $3,723,700
2024 $16,427 $5,248,400 $1,572,300 $3,676,100
2023 $12,638 $3,937,000 $1,065,200 $2,871,800
2022 $12,229 $3,269,900 $727,100 $2,542,800
2021 $12,984 $3,576,800 $793,200 $2,783,600
2020 $13,465 $3,903,000 $793,200 $3,109,800
2019 $13,119 $3,904,500 $780,600 $3,123,900
2018 $11,708 $3,316,600 $878,200 $2,438,400
2017 $10,832 $3,195,200 $1,001,800 $2,193,400
2016 $10,704 $3,185,800 $1,040,800 $2,145,000
2015 $10,729 $2,972,100 $900,000 $2,072,100
2014 $12,550 $3,337,700 $1,265,600 $2,072,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 80542

APN: NANT-004-233-000-000-0000-34-000-000