NOT LISTED FOR SALE

243 Polpis Rd Nantucket, MA 02554

Estimated Value: $4,683,484

12.41 Acres
$377,396 Price per Acre
540,580 Sq Ft Lot

Last Sold September 11, 2015

Last sale price $2,500,000

Est. 87% increase in value since last sale

Current estimated payment $24,796/month

About This Lot

As of September 2015

Not listed in LINK

Last Agent to Sell the Property

Nantucket CompLINK

LINK Listing Information Network Listed on: 09/11/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,403

Lot Details

  • 12.41 Acre Lot
  • Property is zoned LUG3

Property Views

  • Pasture Views

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 1 (portion of)

Property Details

Property Type

Land

Est. Annual Taxes

$29,403

Lot Details

12.41 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 12.41
  • Special Features: None

Interior Features

  • Possible Use: 4838Q

Exterior Features

  • Pool Private: No
  • View: None, Pasture

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 540580
  • Number Of Lots: 1
  • Parcel #: 1 (portion of)
  • Zoning: LUG3

Tax Info

  • Tax Annual Amount: 29403
  • Tax Lot: 16
  • Tax Map Number: 46
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2014
Sold by
Norwood Farm T and Jensen
Bought by
Weed Rt and Weed
Current Estimated Value
$4,683,484

Purchase Details

Listed on
Aug 23, 2012
Closed on
Dec 28, 2012
Sold by
Norwood Farm T
Bought by
Nantucket Conserv Fndt
Seller's Agent
Michael O'Mara
BHHS Island Properties Nantucket
Buyer's Agent
Jennifer Shalley Allen
Fisher Real Estate
List Price
$26,500,000
Sold Price
$19,000,000
Premium/Discount to List
-$7,500,000
-28.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.05%
Original Mortgage
$15,000,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2005
Sold by
Norwood Farm T and Jensen
Bought by
Nant Conservati Fndtn

Purchase Details

Closed on
Nov 19, 2004
Sold by
Norwood Farm T and Jensen
Bought by
Jelleme Barbara and Jelleme Carl M

Purchase Details

Closed on
Feb 16, 2001
Sold by
Norwood Farm Tr and Jensen Iii Trus
Bought by
Nansh Trust Peter W and Nash Trust Sally W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weed Rt -- --
Weed Rt -- --
Nantucket Conserv Fndt $19,000,000 --
Nant Conservati Fndtn $150,000 --
Nant Conservati Fndtn $150,000 --
Jelleme Barbara $150,000 --
Jelleme Barbara $150,000 --
Nansh Trust Peter W $37,500 --
Nansh Trust Peter W $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nantucket Conserv Fndt $15,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2015 09/11/15 Sold $2,500,000 -86.8% --
12/28/2012 12/28/12 Sold $19,000,000 -28.3% -- View Prior Sale
11/28/2012 11/28/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $26,500,000 -- --
Source: LINK

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 $5,119 $1,987,600 $1,987,600 $0
2024 $5,119 $2,160,400 $2,160,400 $0
2023 $0 $1,903,500 $1,903,500 $0
2022 $0 $1,268,500 $1,268,500 $0
2021 $0 $1,409,400 $1,409,400 $0
2020 $0 $1,409,400 $1,409,400 $0
2019 $0 $1,409,400 $1,409,400 $0
2018 $0 $1,606,700 $1,606,700 $0
2017 $0 $1,606,700 $1,606,700 $0
2016 $5,119 $1,550,300 $1,550,300 $0
2015 $5,119 $1,418,100 $1,418,100 $0
2014 $5,250 $1,396,200 $1,396,200 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nantucket CompLINK

    LINK Listing Information Network

    399 in this area

    401 Total Sales

    Nantucket CompLINK
    Section Image
  • Michael O'Mara

    Seller's Agent in 2012

    Michael O'Mara

    BHHS Island Properties Nantucket

    (508) 451-8339

    20 in this area

    20 Total Sales

    Michael O'Mara
    Section Image

  • J

    Buyer's Agent in 2012

    Jennifer Shalley Allen

    Fisher Real Estate

    (508) 332-0568

    51 in this area

    52 Total Sales

    Jennifer Shalley Allen
    Section Image
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Map

Source: LINK

MLS Number: 81184

APN: NANT-000-046-000-000-0000-01-000-000

Massachusetts Nantucket County Nantucket 02554

243 Polpis Rd, Nantucket, MA

Not Listed for Sale

Lots

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