NOT LISTED FOR SALE

3 Fair St Nantucket, MA 02554

Estimated Value: $5,386,000 - $9,675,000

5 Beds
6 Baths
7,286 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $6,150,000 $844 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $43,642/month

1,493 Days on Market

About This Home

As of November 2020

High on a hill overlooking Town and Harbor, this magnificent home not only has beautiful spaces for entertaining inside, but also a well landscaped private pool and patio for outdoor enjoyment - all only steps from Main Street. Four floors of living encompass five bedrooms, four full and two half baths, five working fireplaces and two off street parking spaces. Gracious Nantucket in Town living!

Last Agent to Sell the Property

Gary Winn

Maury People Sotheby's International Realty Listed on: 09/09/2016

Last Buyer's Agent

Liza Ottani

Lee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,221

Year Built

  • Built in 1996

Lot Details

  • 7,178 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 7,286 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1522

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,221

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.16
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 12293-C
  • Appliances: Stove: Commercial Gas, Washer: Yes
  • Has Basement: Large finished room with wood floors and mirrored walls, exercise room, powder room, laundry rooms and utility room for systems.
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Five
  • Fireplace: No
  • Flooring: Wide Pine
  • Interior Amenities: A,AC,Disp,Ins,Irr,OSh, Floor 1: Lovely entry hall with curved molding, two parlor rooms with fireplace and pocket doors. Open living/family/dining room with double French doors opening to lovely patio, gardens and pool area. Powder room. Gourmet kitchen with additional prep area and second sink, pantry with second refrigerator and butlers pantry. Guest bedroom en suite with bay window., Floor 2: Large family room/ library with custom bookshelves and cabinets, a fireplace and dumbwaiter. Cathedral ceilinged master bedroom suite with fireplace and balcony overlooking pool, patio and gardens. Large tiled shower and separate jacuzzi tub. Twin walk in closets. Two bedrooms share a full tub/ shower bath., Floor 3: Office/study with fireplace and spectacular Harbor views. Bedroom with private bath. Ship's ladder to roofwalk with magnificent views from Brant Point and the Harbor to Coatue and Pocomo.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: See deed., Landscaped
  • Pool Private: No
  • View: D/Hbr, Twn
  • Exterior Features: Garden, Patio, P/Pool
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Two

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7178
  • Parcel #: 1522
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 20221
  • Tax Lot: 4
  • Tax Map Number: 4231
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2010
Sold by
Winn Gary A
Bought by
Fair Street Llc
Current Estimated Value
$7,841,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,004,786
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,836,516

Purchase Details

Closed on
Nov 19, 2007
Sold by
Osbon Andrea Lee
Bought by
Winn Gary A

Purchase Details

Closed on
Jan 3, 1995
Sold by
Champion Laurie O
Bought by
Lee Andrea and Osbon John F

Purchase Details

Closed on
Sep 28, 1990
Sold by
Boyes Truman D
Bought by
Oconnell Laurie S
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
Fair Street Llc $4,535,000 --
Fair Street Llc $4,535,000 --
Winn Gary A $500 --
Winn Gary A $500 --
Winn Gary A $500 --
Lee Andrea $525,000 --
Lee Andrea $525,000 --
Oconnell Laurie S $235,000 --
Oconnell Laurie S $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fair Street Llc $3,000,000
Closed Oconnell Laurie S $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $6,150,000 -21.7% $844 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/09/2016 09/09/16 For Sale $7,850,000 -- $1,077 / 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 $30,703 $9,360,600 $2,191,100 $7,169,500
2024 $29,108 $9,299,800 $2,231,700 $7,068,100
2023 $24,045 $7,490,600 $2,125,800 $5,364,800
2022 $242 $6,468,200 $1,935,000 $4,533,200
2021 $22,075 $6,081,200 $1,548,000 $4,533,200
2020 $22,245 $6,447,800 $1,677,000 $4,770,800
2019 $21,643 $6,441,300 $1,670,500 $4,770,800
2018 $21,126 $5,903,400 $1,606,300 $4,297,100
2017 $19,457 $5,739,400 $1,561,300 $4,178,100
2016 $18,821 $5,601,500 $1,542,000 $4,059,500
2015 $17,092 $4,734,500 $1,247,600 $3,486,900
2014 $17,802 $4,734,500 $1,247,600 $3,486,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 82449

APN: NANT-004-231-000-000-0001-52-000-002