NOT LISTED FOR SALE

28 Lyons Ln Nantucket, MA 02554

Estimated Value: $1,483,307 - $3,450,000

1.94 Acres
$1,108,459 Price per Acre
84,493 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $950,000

Est. 126% increase in value since last sale

Current estimated payment $11,537/month

78 Days on Market

About This Lot

As of October 2020

This large lot in desirable Tom Nevers East offers privacy and the ability to build a compound with a house, cottage, pool and shed. Zoning allows for an 7 bedroom septic system. Potential for 2nd floor views of the Ocean and Sankaty Lighthouse. The neighborhood offers use of Association Tennis courts and maintained paved roads. Landbank owned Pebble Beach is less than 2 miles away.

Last Agent to Sell the Property

Liza Ottani

Lee Real Estate Listed on: 07/06/2020

Last Buyer's Agent

Cynthia Lenhart

William Raveis Nantucket

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,561

Lot Details

  • 1.94 Acre Lot
  • Property is zoned LUG3

Property Views

  • Ocean Views

Utilities

  • Well
  • Septic Tank

Community Details

  • Association fees include tom nevers east fee for road maintenance. optional tennis court usage fee is $250/yr

Listing and Financial Details

  • Tax Lot 750
  • Assessor Parcel Number 8

Property Details

Property Type

Land

Est. Annual Taxes

$2,561

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 1.9397
  • Special Features: None

Interior Features

  • Possible Use: LC P5004-48

Exterior Features

  • Pool Private: No
  • View: D/Oc

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 400

Fee Information

  • Association Fee Includes: Tom Nevers East Association fee for road maintenance. Optional Tennis Court usage fee is $250/yr

Lot Info

  • Parcel #: 8
  • Zoning: LUG3

Tax Info

  • Tax Annual Amount: 2561
  • Tax Lot: 750
  • Tax Map Number: 71
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 21, 2020
Sold by
Berman Ronna
Bought by
Richard Forhan Cahill T
Seller's Agent
Liza Ottani
Lee Real Estate
Buyer's Agent
Cynthia Lenhart
William Raveis Nantucket
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$2,150,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,200,077
Avg. Annual Appreciation
17.01%
Original Mortgage
$400,000
Outstanding Balance
$355,130
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,794,947

Purchase Details

Closed on
Jan 1, 1979
Bought by
Berman Ronna Lynn
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
Richard Forhan Cahill T $950,000 None Available
Berman Ronna Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Forhan Cahill T $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $950,000 -4.5% --
09/23/2020 09/23/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $995,000 -- --
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 $3,529 $1,076,000 $1,076,000 $0
2024 $3,368 $1,076,000 $1,076,000 $0
2023 $3,289 $1,024,600 $1,024,600 $0
2022 $3,353 $896,400 $896,400 $0
2021 $3,254 $896,400 $896,400 $0
2020 $2,504 $725,700 $725,700 $0
2019 $2,438 $725,700 $725,700 $0
2018 $2,433 $725,700 $725,700 $0
2017 $2,351 $693,600 $693,600 $0
2016 $1,972 $586,900 $586,900 $0
2015 $2,148 $595,100 $595,100 $0
2014 $2,238 $595,100 $595,100 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Liza Ottani

    Lee Real Estate

    (508) 566-3894

    34 in this area

    34 Total Sales

    Liza Ottani
    Section Image

  • C

    Buyer's Agent in 2020

    Cynthia Lenhart

    William Raveis Nantucket

    (508) 325-1648

    5 in this area

    5 Total Sales

    Cynthia Lenhart
    Section Image
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Map

Source: LINK

MLS Number: 87066

APN: NANT-000-071-000-000-0000-08-000-000

Massachusetts Nantucket County Nantucket 02554

28 Lyons Ln, Nantucket, MA

Not Listed for Sale

Lots

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