NOT LISTED FOR SALE

28 India St Unit 1 Nantucket, MA 02554

Estimated Value: $5,266,000 - $6,556,000

8 Beds
4.5 Baths
4,986 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $4,750,000 $953 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $32,165/month

467 Days on Market

Highlights

  • Deck
  • Porch
  • Garden

About This Home

As of November 2021

Sitting high above India Street, this Georgian-style home was built in the 1830's for the prosperous whaling Captain David J. Baxter. This stately home exudes the grand elegance of those constructed during the glorious and most prosperous whaling days. These homes are found mostly along our cobbled Main Street, making 28 India a rare exception. The interior boasts high ceilings, spacious rooms (including a first floor living room and double parlor), and many original molding details. Sited on a substantially oversized lot, this property is now priced well for the buyer interested in restoring history to accommodate modern and stylish amenities.

Last Agent to Sell the Property

Greg McKechnie

Great Point Properties Listed on: 06/26/2020

Last Buyer's Agent

Tracy Cullinane

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,962

Year Built

  • Built in 1834

Lot Details

  • 0.28 Acre Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 4,986 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 108 portion

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,962

Year Built

Built in 1834

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2778
  • Garage Yn: No
  • Year Built: 1834
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: LCPL 33076 - A
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: 9
  • Fireplace: No
  • Flooring: Painted original wooden flooring
  • Interior Amenities: A,OSh, Floor 1: A classic Nantucket Friendship staircase leads up to the front door of 28 India Street, which is set high above the neighboring properties. The grand entry foyer offers a dramatic curved staircase leading to the second level. To the right sits a formal parlor that spans the majority of the house and is accented by high ceilings, original moldings and two fireplaces as well as large windows that flood the space with natural light. To the left of the entry-foyer is a sitting room with a fireplace that is separated from the dining room by impressive pocket doors. Off the dining room, are french doors that open to the large screened in porch overlooking the expansive yard. Steps lead down from the porch to the impressive grounds. Beyond the dining is a pantry that opens into the kitchen, a laundry room and access to the back deck. Off the center hall is an elevator and a full bath as well as access to the lower level., Floor 2: The elegant curved stairs lead to a generous landing with a large window looking down to India Street. Off the landing are four spacious bedrooms each with a fireplace. Two of these are adjoined by a full bath, and one bedroom has an attached half bath. Off the rear hall is a full bath with double vanities, access to the elevator and the third floor. Beyond is a bedroom with fireplace. A sunroom also sits off the rear hall., Floor 3: Two spacious bedrooms share a hall bath. One of the two bedrooms includes the staircase leading up to an expansive roof walk that spans the width of the house.

Exterior Features

  • Lot Features: Oversized double lot
  • Pool Private: No
  • View: None, Twn
  • Exterior Features: Deck, Garden, Porch
  • Foundation Details: Stone
  • Other Structures: The Old Historic District affords 40% ground cover, thus allowing room for a guest cottage, while still retaining a spacious yard, right in the heart of historic Town.

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 12101
  • Parcel #: 108 portion
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Lot: 1
  • Tax Map Number: 4234
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
India and India Rose T
Bought by
Graham Dean and Graham Debora
Current Estimated Value
$5,847,446

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 7, 2021
Sold by
28 India Llc
Bought by
Slatoff Karl and Slatoff Yvette
Seller's Agent
Greg McKechnie
Great Point Properties
Buyer's Agent
Tracy Cullinane
Great Point Properties
List Price
$5,400,000
Sold Price
$4,750,000
Premium/Discount to List
-$650,000
-12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Ernst L Frank 1009 T 2 and Tadsig
Bought by
28 India Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
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
Graham Dean -- None Available
Graham Dean -- None Available
Slatoff Karl $4,500,000 None Available
Slatoff Karl $4,500,000 None Available
28 India Llc $1,300,000 --
28 India Llc $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 28 India Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $4,750,000 -12.0% $953 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
06/26/2020 06/26/20 For Sale $5,400,000 -- $1,083 / 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 $17,962 $5,476,200 $2,223,500 $3,252,700
2024 $17,006 $5,433,100 $2,264,700 $3,168,400
2023 $14,449 $4,501,200 $2,158,800 $2,342,400
2022 $147 $3,934,000 $1,971,000 $1,963,000
2021 $14,128 $3,892,100 $1,656,000 $2,236,100
2020 $15,068 $4,367,400 $1,794,000 $2,573,400
2019 $14,456 $4,302,400 $1,729,000 $2,573,400
2018 $11,917 $3,561,400 $1,662,500 $1,898,900
2017 $11,629 $3,430,500 $1,616,000 $1,814,500
2016 $9,546 $2,841,000 $1,130,500 $1,710,500
2015 $9,970 $2,761,900 $1,154,000 $1,607,900
2014 $9,882 $2,628,200 $1,015,500 $1,612,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Greg McKechnie

    Great Point Properties

    75 in this area

    75 Total Sales

    Greg McKechnie
    Section Image

  • T

    Buyer's Agent in 2021

    Tracy Cullinane

    Great Point Properties

    (508) 965-8656

    11 in this area

    11 Total Sales

    Tracy Cullinane
    Section Image
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Map

Source: LINK

MLS Number: 87014

APN: NANT-004-234-000-000-0001-08-000-000

Massachusetts Nantucket County Nantucket 02554

28 India St Unit 1, Nantucket, MA

This home is located at 28 India St Unit 1, Nantucket, MA 02554 since 26 June 2020 and is currently estimated at $5,847,446, approximately $1,172 per square foot. This property was built in 1834. 28 India St Unit 1 is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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