NOT LISTED FOR SALE

22 Sherburne Turnpike Nantucket, MA 02554

Estimated Value: $5,055,004 - $6,503,000

4 Beds
3.5 Baths
3,570 Sq Ft
$1,555/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $4,100,000 $1,148 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $32,327/month

84 Days on Market

About This Home

As of March 2022

This Cliff-area gem is completely turn-key and just steps to Lincoln Circle, Steps Beach and the Cliff Road bike path with easy access to the Westmoor Club and downtown Nantucket. An open floor plan, four bedrooms, three floors of living area, parking for two cars, and a privately landscaped yard, this home has it all!

Last Listed By

Bernadette Meyer

Maury People Sotheby's International Realty Listed on: 12/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,116

Year Built

  • Built in 1995

Lot Details

  • 5,669 Sq Ft Lot
  • Garden
  • Property is zoned R1

Home Design

  • 3,570 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1641

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,116

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1301
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 44-W
  • Appliances: Stove: Viking, Washer: Yes
  • Has Basement: Full, finished basement is set up as a playroom with a ping pong table and TV area and a wine cellar. A portion of the basement is unfinished and houses mechanical systems. With a stair from the outside, this is a great storage area for outdoor furniture and all of your Nantucket toys.
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: Pine and Tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: The gracious entry hall has a staircase to second floor, a coat closet and a powder room. To the left of the front entryway is a spacious and open living area with a wood-burning fireplace. The dining area has French doors which access to private garden with patio, outdoor shower and stairs to the basement. The kitchen has an island with seating for 3 and a large pantry. A hallway off the living area leads to two generous bedrooms with a shared hall bath with tub and shower. A back staircase accesses one of two second floor bedrooms., Floor 2: The front stair leads to a landing with space for a quiet reading area, or a private work-from-home space. The spacious front bedroom is a welcome retreat with a fireplace, open beam cathedral ceiling and walk in closet. The ensuite bathroom features a Jacuzzi whirlpool tub, double vanities, and a large shower. A washer and dryer is conveniently located in a hall closet. A back staircase accesses a spacious guest bedroom with Cathedral ceiling. The private bath has a tub and shower.
  • Main Level Bedrooms: 2

Exterior Features

  • Lot Features: See deed., Yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Garden, Patio
  • Foundation Details: Full, poured

Garage/Parking

  • Parking Features: 2 cars

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5669
  • Parcel #: 1641
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 11116
  • Tax Lot: 2
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: 2243500
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 25, 2022
Sold by
Seiter Christopher J and Seiter Debra A
Bought by
22 Sherburne Turnpike Llc
Seller's Agent
Bernadette Meyer
Maury People Sotheby's International Realty
Buyer's Agent
Carolyn Durand
Lee Real Estate
List Price
$4,995,000
Sold Price
$4,100,000
Premium/Discount to List
-$895,000
-17.92%
Total Days on Market
84
Current Estimated Value
$5,550,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,450,251
Avg. Annual Appreciation
12.04%
Original Mortgage
$2,665,000
Outstanding Balance
$2,528,197
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,344,638

Purchase Details

Closed on
Jul 15, 2011
Sold by
Turnpike 22 Sherburne and Hunter William F
Bought by
Seiter Christopher J and Seiter Debra A

Purchase Details

Closed on
Mar 1, 2011
Sold by
Wolfe Richard W
Bought by
22 Sherburne Turnpike

Purchase Details

Closed on
Jul 29, 2002
Sold by
Grace Holly P
Bought by
Wolfe Richard W

Purchase Details

Closed on
Aug 17, 1995
Sold by
Lawrence M Maury Assoc
Bought by
Grace Holly P

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
22 Sherburne Turnpike Llc $4,100,000 None Available
Seiter Christopher J -- --
Seiter Christopher J -- --
22 Sherburne Turnpike $2,400,000 --
22 Sherburne Turnpike $2,400,000 --
Wolfe Richard W $1,915,000 --
Wolfe Richard W $1,915,000 --
Grace Holly P $700,000 --
Grace Holly P $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 22 Sherburne Turnpike Llc $2,665,000
Closed 22 Sherburne Turnpike Llc $2,665,000
Previous Owner Seiter Christopher J $1,196,000
Previous Owner Grace Holly P $1,135,000
Previous Owner Grace Holly P $1,498,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $4,100,000 -17.9% $1,148 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
12/04/2021 12/04/21 For Sale $4,995,000 -- $1,399 / 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 $15,122 $4,610,500 $3,391,500 $1,219,000
2024 $14,313 $4,572,800 $3,391,500 $1,181,300
2023 $15,728 $4,899,800 $3,076,000 $1,823,800
2022 $124 $3,316,300 $2,467,900 $848,400
2021 $11,149 $3,071,300 $2,243,500 $827,800
2020 $10,596 $3,071,300 $2,243,500 $827,800
2019 $9,776 $2,909,400 $2,081,600 $827,800
2018 $9,564 $2,897,600 $2,152,100 $745,500
2017 $9,753 $2,877,000 $2,152,100 $724,900
2016 $9,609 $2,859,700 $2,177,700 $682,000
2015 $9,228 $2,556,100 $1,933,800 $622,300
2014 $8,572 $2,279,800 $1,657,500 $622,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 89023

APN: NANT-000-030-000-000-0001-64-000-001