NOT LISTED FOR SALE

3 Martins Ln Nantucket, MA 02554

Estimated Value: $3,370,328 - $3,800,000

3 Beds
2.5 Baths
1,654 Sq Ft
$2,163/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $2,200,000 $1,330 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $20,992/month

22 Days on Market

About This Home

As of October 2020

Magnificent on Martins Lane. In-town turn key renovation with abundant light, private garden area and exquisite architectural finishes located on a unique brick lane that is steps to Lower main Street. Renovated from top to bottom with the finest materials and craftsmanship. Being sold completely furnished and great rental history.

Last Agent to Sell the Property

Marybeth Gibson

Maury People Sotheby's International Realty Listed on: 08/14/2020

Last Buyer's Agent

Wayne Howington

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1900

Lot Details

  • 2,613 Sq Ft Lot
  • Property is zoned ROH

Home Design

  • Block Foundation

Interior Spaces

  • 1,654 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 133

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,761

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Possible Use: PlBk 19 Pg 58
  • Appliances: Stove: Thermadore, Washer: Yes
  • Has Basement: Exterior access to a dry basement good for storage.
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: fir
  • Interior Amenities: AC,Disp,Ins,Irr,OSh, Floor 1: First floor open seamlessly onto front an drear gardens extending living and dining spaces to the outdoors. Gourmet kitchen, powder room, laundry area, spacious living and dining areas. Front living room with fireplace and built in book case, middle living area with window seat., Floor 2: Master bedroom with en suite bath, two bedrooms with shared hall bath.

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Twn
  • Exterior Features: Patio
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2613
  • Parcel #: 133
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 4761
  • Tax Lot: .
  • Tax Map Number: 4232
  • Tax Other Annual Assessment Amount: 826600
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 16, 2020
Sold by
Hanes Eldridge C and Hanes Jane G
Bought by
Self J Douglas
Seller's Agent
Marybeth Gibson
Maury People Sotheby's International Realty
Buyer's Agent
Wayne Howington
William Raveis Nantucket
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Total Days on Market
22
Current Estimated Value
$3,578,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378,082
Avg. Annual Appreciation
10.98%
Original Mortgage
$1,750,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2018
Sold by
Guerini Andrew and Guerini Marie
Bought by
Hallock Micah T and Hallock Helen

Purchase Details

Listed on
May 14, 2013
Closed on
Dec 2, 2014
Sold by
3 Martins Lane Llc
Bought by
Hanes Eldridge C and Hanes Jane G
Seller's Agent
Dalton Frazier
J Pepper Frazier Co.
Buyer's Agent
Marybeth Gibson
Maury People Sotheby's International Realty
List Price
$1,895,000
Sold Price
$1,475,000
Premium/Discount to List
-$420,000
-22.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2007
Sold by
Webster Maureen A
Bought by
3 Martins Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2001
Sold by
Brant Point Condo T and Robinson Lawrence V
Bought by
Pothier Carol

Purchase Details

Closed on
Sep 26, 1994
Sold by
Grogan Jean F
Bought by
Webster Scott A and Webster Maureen A
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
Self J Douglas $2,200,000 None Available
Hallock Micah T $13,000 --
Hanes Eldridge C $1,475,000 --
3 Martins Lane Llc $975,000 --
3 Martins Lane Llc $975,000 --
Pothier Carol $1,000 --
Webster Scott A $310,000 --
3 Martins Lane Llc $975,000 --
Pothier Carol $1,000 --
Webster Scott A $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Self J Douglas $1,750,000
Previous Owner Hanes Eldridge C $1,000,000
Previous Owner 3 Martins Lane Llc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $2,200,000 -6.4% $1,330 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $2,350,000 +59.3% $1,421 / Sq Ft
12/02/2014 12/02/14 Sold $1,475,000 -22.2% $892 / Sq Ft
11/02/2014 11/02/14 Pending -- -- --
05/14/2013 05/14/13 For Sale $1,895,000 -- $1,146 / 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 $10,880 $3,317,100 $1,130,800 $2,186,300
2024 $9,875 $3,154,800 $1,130,800 $2,024,000
2023 $8,559 $2,666,200 $1,076,900 $1,589,300
2022 $83 $2,231,600 $897,400 $1,334,200
2021 $5,031 $1,386,000 $826,600 $559,400
2020 $4,782 $1,386,000 $826,600 $559,400
2019 $4,657 $1,386,000 $826,600 $559,400
2018 $4,960 $1,405,000 $826,600 $578,400
2017 $4,763 $1,405,000 $826,600 $578,400
2016 $4,514 $1,343,600 $803,000 $540,600
2015 $5,042 $1,396,700 $849,100 $547,600
2014 $4,126 $1,097,400 $747,200 $350,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 87319

APN: NANT-004-232-000-000-0001-33-000-000