NOT LISTED FOR SALE

2 Silver St Nantucket, MA 02554

Estimated Value: $4,353,000 - $5,435,000

5 Beds
4.5 Baths
3,640 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $4,000,000 $1,099 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $26,930/month

297 Days on Market

Highlights

  • Deck
  • Patio
  • Garden
  • Porch

About This Home

As of November 2022

A stylish and contemporary twist on an extraordinary island classic. This chic unassuming gem is located in the heart of Nantucket’s Old Historic District just a short stroll to Main Street and central to many of the island’s world-class beaches. Nearly 4,000 square feet of sun-flooded living space is graciously laid out over three floors. The property allows for an ADDITIONAL 1,200 +/- square feet of ground coverage — perfect for a garage with studio or guest cottage. Recent renovations have preserved the historic charm and integrity while enhancing the flow and finish of this meticulous home. Generously proportioned rooms tie together harmoniously to provide elegant sanctuaries throughout making it an entertainer’s dream. This rare downtown oasis is truly an idyllic slice of Nantucket paradise.

Last Agent to Sell the Property

Wallis Mautner

William Raveis Nantucket Listed on: 12/29/2021

William Raveis Nantucket

Last Buyer's Agent

Brent Tartamella

Fisher Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,575

Year Built

  • Built in 1930

Lot Details

  • 5,328 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 3,640 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 166

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,575

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1223
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 2019-8
  • Appliances: Stove: Viking, Washer: Yes
  • Has Basement: The lower level accentuates the generous feeling of this home. Walk down the stairs and enter the living area featuring a gas fireplace, wet bar, and French doors which open to a private covered patio, garden, and ample parking. Continue on to a full bathroom, guest room, and laundry room.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: 3
  • Fireplace: No
  • Flooring: Hardwood / Stone
  • Interior Amenities: AC, Floor 1: The first floor foyer welcomes you to the library — a luxurious haven. An airy flow ties together the great room with wood-burning fireplace, formal dining room, gourmet kitchen with walk-in pantry, and powder room. French doors open to the enormous partially-covered veranda overlooking the garden so the outdoors can be enjoyed rain or shine., Floor 2: The top floor includes a private master wing with treetop views, high ceilings, a wood burning fireplace, and radiant light fortifying the feeling of comfort and seclusion. Down the hall sits a junior suite, two additional guest rooms, and a hall bath.

Exterior Features

  • Lot Features: Large
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Patio, Porch, Garden
  • Foundation Details: Block / Poured

Garage/Parking

  • Parking Features: Ample

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5328
  • Parcel #: 166
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 8575
  • Tax Lot: B
  • Tax Map Number: 5541
  • Tax Other Annual Assessment Amount: 1250900
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Wheat Laura L and Wheat Douglas D
Bought by
Wheat Lt and Wheat
Current Estimated Value
$4,765,858

Purchase Details

Closed on
Mar 12, 2019
Sold by
Mautner Alexander J and Mautner Lynnette H
Bought by
Philbrick Melissa D and Philbrick Nathaniel D

Purchase Details

Closed on
Feb 22, 2005
Sold by
Mautner Alexander J and Mautner Lynnette H
Bought by
Mautner Alexander J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,600
Interest Rate
5.73%
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
Wheat Lt -- None Available
Wheat Lt -- None Available
Wheat Lt -- None Available
Philbrick Melissa D $700,000 --
Mautner Alexander J -- --
Mautner Alexander J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wheat Laura L $3,400,000
Previous Owner Mautner Alexander J $359,306
Previous Owner Mautner Alexander J $507,600
Previous Owner Mautner Alexander J $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $4,000,000 -25.9% $1,099 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $5,395,000 -- $1,482 / 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 $13,960 $4,256,000 $1,576,300 $2,679,700
2024 $13,203 $4,218,300 $1,576,300 $2,642,000
2023 $9,333 $2,907,400 $1,501,100 $1,406,300
2022 $8,575 $2,292,800 $1,250,900 $1,041,900
2021 $7,964 $2,194,000 $1,152,100 $1,041,900
2020 $9,218 $2,671,900 $1,132,300 $1,539,600
2019 $8,313 $2,474,000 $1,126,100 $1,347,900
2018 $8,350 $2,365,400 $1,126,100 $1,239,300
2017 $7,926 $2,338,200 $1,126,100 $1,212,100
2016 $7,657 $2,279,000 $1,094,000 $1,185,000
2015 $6,494 $1,798,900 $722,200 $1,076,700
2014 $6,722 $1,787,800 $711,100 $1,076,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 89071

APN: NANT-005-541-000-000-0001-66-000-000