NOT LISTED FOR SALE

3 Back St Nantucket, MA 02554

Estimated Value: $1,437,000 - $5,830,000

3 Beds
2 Baths
1,344 Sq Ft
$2,074/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $1,200,000 $893 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $15,954/month

123 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Hot Water Heating System
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2024

For those seeking a new-build or renovation opportunity, this 3-bedroom, 2 full bath home offers great potential given its location close to the cobble streets of downtown and within walking distance to Steamboat and Straight Wharf. The home sits on a level .12-acre lot.

Last Agent to Sell the Property

Doug Grattan

Christie's International Real Estate Atlantic Brokerage Listed on: 08/02/2023

Last Buyer's Agent

Spencer Heydt

Fisher Real Estate License #9582437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1955

Lot Details

  • 5,227 Sq Ft Lot
  • Cleared Lot
  • Yard
  • Property is zoned ROH

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Poured Concrete
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 55348

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,742

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Orange Street to Back Street. Home on the Right
  • Architectural Style: Ranch
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Entry Location: First Floor
  • Fireplace: No
  • Flooring: Wood
  • Main Level Bathrooms: 2
  • Room Bedroom3 Features: Bedroom 3
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bedroom 2, Closet
  • Master Bedroom Features: Closet
  • Room Kitchen Features: Kitchen
  • Living Room Features: Living Room

Exterior Features

  • Exterior Features: Yard
  • Lot Features: Cleared
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block, Poured
  • Property Condition: Actual
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • Laundry Features: Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nantucket

Lot Info

  • Zoning: ROH
  • Land Lease: No
  • Lot Size Sq Ft: 5227
  • Parcel #: 55348
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1955

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3742
  • Tax Book Number: 01449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Dec 29, 2023
Sold by
Lopes
Bought by
1 & 3 Back Street Llc
Seller's Agent
Doug Grattan
Christie's International Real Estate Atlantic Brokerage
Buyer's Agent
Spencer Heydt
Fisher Real Estate
List Price
$1,799,000
Sold Price
$1,200,000
Premium/Discount to List
-$599,000
-33.3%
Total Days on Market
123
Views
181
Current Estimated Value
$2,786,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,586,937
Avg. Annual Appreciation
79.53%
Original Mortgage
$2,610,000
Interest Rate
7.44%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
1 & 3 Back Street Llc $2,900,000 None Available
1 & 3 Back Street Llc $2,900,000 None Available
1 & 3 Back Street Llc $2,900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1 & 3 Back Street Llc $5,275,200
Closed 1 & 3 Back Street Llc $2,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $1,200,000 -33.3% $893 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $1,799,000 0.0% $1,339 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $1,799,000 -10.0% $1,339 / Sq Ft
09/22/2023 09/22/23 Price Changed $1,999,900 -9.1% $1,488 / Sq Ft
08/11/2023 08/11/23 Price Changed $2,199,000 -12.0% $1,636 / Sq Ft
08/03/2023 08/03/23 For Sale $2,499,000 -- $1,859 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $4,444 $1,354,800 $769,900 $584,900
2024 $4,058 $1,296,500 $810,400 $486,100
2023 $3,743 $1,165,900 $771,700 $394,200
2022 $35 $936,300 $643,100 $293,200
2021 $3,342 $920,700 $643,100 $277,600
2020 $3,176 $920,700 $643,100 $277,600
2019 $3,774 $920,700 $643,100 $277,600
2018 $3,031 $858,600 $643,100 $215,500
2017 $2,963 $874,100 $643,100 $231,000
2016 $2,807 $835,300 $643,100 $192,200
2015 $2,726 $755,000 $553,200 $201,800
2014 $2,839 $755,000 $553,200 $201,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22303198

Cape Cod & Islands Association of REALTORS®

APN: NANT-000-055-000-000-0003-48-000-000