NOT LISTED FOR SALE

189 Eel Point Rd Nantucket, MA 02554

Estimated Value: $9,410,421

3 Beds
3 Baths
2,400 Sq Ft
$3,921/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $8,000,000 $3,333 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $51,291/month

27 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Patio
  • 4.23 Acre Lot
  • Porch
  • Garden

About This Home

As of January 2022

Dionis Waterfront Property with Magnificent Views on Exclusive Eel Point .... Short walk to the beach. Bright and light summer home at the end of Eel Point Road. Overlooks acres of conservation land and the Nantucket Sound. Views of Madaket harbor as well. This is the last large (4.3 acres) lot before the ocean at Eel Point. Live in this beautiful home while you design your new secluded estate, simply the best of both worlds.

Last Agent to Sell the Property

Fernando Colon Osorio

ACK Distinctive Properties Listed on: 06/19/2021

Last Buyer's Agent

Fernando Colon Osorio

ACK Distinctive Properties Listed on: 06/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 1987

Lot Details

  • 4.23 Acre Lot
  • Ocean Front
  • Garden
  • Property is zoned LUG2

Interior Spaces

  • 2,400 Sq Ft Home
  • Partially Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33.20
  • Assessor Parcel Number 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,000

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 4.23
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Stove: YES, Electric, Washer: Samsung
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: 2
  • Interior Amenities: Ins,Irr,OSh, Floor 1: Enter into hallway with a bedroom straight ahead that has 3 bunk beds, a bathroom with shower to the left. The kitchen is large and open to the dining room which has beautiful views of the moors & beach. The living room has a fireplace and two seating areas, there is a sun porch with a day bed off of living room., Floor 2: Upstairs there are two bedrooms one is the master with a king size bed and large private bath with jacuzzi tub and shower. The second bedroom has a queen size bed, and a private bath that looks into Madaket Harbor. Bedroom overlooks Nantucket sound.

Exterior Features

  • Lot Features: YES
  • Pool Private: No
  • View: Ocean, Hrb
  • Exterior Features: Deck, Garden, Patio, Porch

Garage/Parking

  • Parking Features: 5

Utilities

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

Lot Info

  • Lot Size Sq Ft: 184258
  • Parcel #: 20
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 20000
  • Tax Lot: 33.20
  • Tax Map Number: 33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jan 14, 2022
Sold by
Eel Point Road Nt
Bought by
Nantucket Iss Land Bank
Seller's Agent
Fernando Colon Osorio
ACK Distinctive Properties
Buyer's Agent
Fernando Colon Osorio
ACK Distinctive Properties
List Price
$8,500,000
Sold Price
$8,000,000
Premium/Discount to List
-$500,000
-5.88%
Current Estimated Value
$9,410,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,410,421
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Dec 1, 2008
Sold by
Margolies Laurie
Bought by
Colon-Osorio Fernando C and Margolies Laurie

Purchase Details

Closed on
Dec 21, 2006
Sold by
Colon-Osorio Fernando C and Margolies Laurie A
Bought by
Margolies Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.35%

Purchase Details

Closed on
Jun 14, 1991
Sold by
Winnhokk Rt
Bought by
Osorio Fernando C C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
9.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1988
Sold by
Low Clara B
Bought by
Winnhokk Realty Trust
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
Nantucket Iss Land Bank $8,000,000 None Available
Colon-Osorio Fernando C -- --
Margolies Laurie -- --
Osorio Fernando C C $680,000 --
Osorio Fernando C C $680,000 --
Winnhokk Realty Trust $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margolies Laurie $750,000
Previous Owner Winnhokk Realty Trust $550,000
Previous Owner Winnhokk Realty Trust $15,622
Previous Owner Winnhokk Realty Trust $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $8,000,000 -5.9% $3,333 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $8,500,000 -- $3,542 / 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 $23,245 $7,878,022 $6,549,222 $1,328,800
2024 $23,245 $6,978,183 $5,649,383 $1,328,800
2023 $0 $5,988,896 $5,389,696 $599,200
2022 $0 $4,460,703 $4,013,703 $447,000
2021 $23,245 $6,403,500 $5,912,900 $490,600
2020 $24,132 $6,994,900 $6,504,300 $490,600
2019 $21,515 $6,403,300 $5,912,700 $490,600
2018 $20,167 $5,541,700 $5,016,800 $524,900
2017 $20,908 $6,167,500 $5,661,800 $505,700
2016 $20,964 $6,239,200 $5,733,500 $505,700
2015 $19,704 $5,458,300 $4,963,900 $494,400
2014 $19,392 $5,157,500 $4,663,100 $494,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Fernando Colon Osorio

    ACK Distinctive Properties

    (508) 330-4432

    4 in this area

    4 Total Sales

    Fernando Colon Osorio
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Map

Source: LINK

MLS Number: 88284

APN: NANT-000-033-000-000-0000-20-000-000

Massachusetts Nantucket County Nantucket 02554

189 Eel Point Rd, Nantucket, MA

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