NOT LISTED FOR SALE

2 Gloucester St Nantucket, MA 02554

Estimated Value: $1,566,000 - $2,309,000

1.16 Acres
$1,634,403 Price per Acre
50,530 Sq Ft Lot

Last Sold March 11, 2013

Last sale price $400,000

Est. 374% increase in value since last sale

Current estimated payment $10,972/month

731 Days on Market

About This Lot

As of March 2013

A one acre lot (located in LUG 3 zoning) in Tom Nevers! A great opportunity to build a new home on Nantucket Island. Potential for distant second floor water views.

Last Agent to Sell the Property

Meg Ruley

Atlantic East Nantucket Real Estate Listed on: 02/09/2011

Last Buyer's Agent

Susan Shepherd

Shepherd Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,311

Year Built

  • 1989

Lot Details

  • 1.16 Acre Lot
  • Property is zoned LUG3

Property Views

  • Ocean Views

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot Lots 1-24, Block 13
  • Assessor Parcel Number 351

Property Details

Property Type

Land

Est. Annual Taxes

$2,311

Year Built

1989

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 1.16
  • Special Features: None
  • Year Built (Public Record): 1989

Interior Features

  • Possible Use: 5004-G

Exterior Features

  • Lot Features: None known, refer to deed
  • Pool Private: No
  • View: D/Oc, Res

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 50574
  • Parcel #: 351
  • Zoning: LUG3

Tax Info

  • Tax Annual Amount: 2311
  • Tax Lot: Lots 1-24, Block 13
  • Tax Map Number: 7132
  • Tax Other Annual Assessment Amount: 475200
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2011
Closed on
Mar 11, 2013
Sold by
Charles H Stevens Jr R
Bought by
Hart Donald P and Hart Joanne M
Seller's Agent
Meg Ruley
Atlantic East Nantucket Real Estate
Buyer's Agent
Susan Shepherd
Shepherd Real Estate
List Price
$550,000
Sold Price
$400,000
Premium/Discount to List
-$150,000
-27.27%
Total Days on Market
731
Current Estimated Value
$1,895,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,495,908
Avg. Annual Appreciation
13.53%
Source: Public Records

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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
Hart Donald P $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Donald P $465,000
Closed Hart Donald P $330,000
Closed Hart Donald P $0
Closed Hart Donald P --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Sold $400,000 -27.3% --
02/09/2013 02/09/13 Pending -- -- --
02/09/2011 02/09/11 For Sale $550,000 -- --
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 $4,444 $1,354,800 $717,700 $637,100
2024 $4,234 $1,352,700 $717,700 $635,000
2023 $3,744 $1,166,400 $683,600 $482,800
2022 $3,473 $928,600 $569,600 $359,000
2021 $3,385 $932,400 $569,600 $362,800
2020 $3,297 $955,700 $569,600 $386,100
2019 $3,051 $908,000 $517,800 $390,200
2018 $3,079 $872,300 $517,800 $354,500
2017 $2,690 $793,400 $445,300 $348,100
2016 $2,603 $774,600 $435,000 $339,600
2015 $2,498 $691,900 $458,200 $233,700
2014 $1,723 $458,200 $458,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 74514

APN: NANT-007-132-000-000-0003-51-000-000