NOT LISTED FOR SALE

3 Raceway Dr Nantucket, MA 02554

Estimated Value: $4,421,000 - $5,403,000

2 Beds
3 Baths
3,236 Sq Ft
$1,535/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $3,460,000 $1,069 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $26,932/month

38 Days on Market

Highlights

  • Under Construction
  • Deck
  • Wood Flooring
  • Heated Pool
  • Contemporary Architecture
  • No HOA

About This Home

As of December 2021

New construction located in the popular Miacomet neighborhood abutting Cisco - close to the beach, Miacomet Golf Course, Bartlett's Farm, 167 Seafood & Cisco Brewers. The area offers a great beach lifestyle, yet you are close to Town. This four-bedroom home is being developed by Tomaiolo Development with architectural drawings by Sophie Metz Design and will be delivered in the second half of 2022. In addition, enjoy your own private pool, patio and fire pit area. Get in now pre-construction so you can customize the finishes to reflect your personal style. First Floor
The first floor has a a great open kitchen, living and dining spaces opening out onto the outdoor pool area, an ideal layout for entertaining. There is a large pantry, powder room and laundry/mud room located on the first floor. The primary bedroom is located on the first level with an en-suite bathroom including a double vanity. As a bonus, there is an additional powder room with exterior access for guests enjoying the pool.

Second Floor
There are three bedrooms located on the second floor, one with an en-suite bathroom and two that share a bathroom.

Basement
The basement will include a secondary living area with additional space for future expansion potential.

Last Agent to Sell the Property

Erin Wilson

Fisher Real Estate License #9553278 Listed on: 08/23/2021

Co-Listed By

Brian Sullivan

Fisher Real Estate License #9534232

Last Buyer's Agent

Member Non

cci.unknownoffice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,050

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 6,817 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System
  • Garden
  • Property is zoned RC2

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,236 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Heated Pool
  • Pool Equipment or Cover
  • Heated Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 66281

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,050

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Has Basement: Full
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Co List Office Mls Id: FISHRE
  • Co List Office Phone: 508-228-4407
  • Directions: Head west on Main St toward Union StTurn left onto Milk StContinue onto Milk St ExtContinue onto Hummock Pond RdTurn left onto Somerset LnContinue onto Raceway Dr
  • Architectural Style: Contemporary
  • Garage Yn: No
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Total Bedrooms: 2
  • Spa Features: Heated
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Garden, Yard, Underground Sprinkler
  • Fencing: Fenced Yard
  • Pool Features: Pool Cover, Heated
  • Pool Private: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Under Construction
  • Roof: Shingle

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nantucket

Lot Info

  • Zoning: RC2
  • Land Lease: No
  • Lot Size Sq Ft: 6817
  • Parcel #: 66281
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2022

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13050
  • Tax Book Number: D169471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2022
Sold by
Wroe Justin D and Wroe Kristy L
Bought by
Wdw Holdings Llc
Current Estimated Value
$4,968,424

Purchase Details

Closed on
Jun 1, 2022
Sold by
Wdw Holdings Llc
Bought by
Wroe Justin D and Wroe Kristy L

Purchase Details

Closed on
Oct 24, 2002
Sold by
Larrabee William W and Larrabee Patricia J
Bought by
Whelden Scott R and Whelden Nicole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1999
Sold by
Mcgarvey Glenn A and Mcgarvey Brenda
Bought by
Larrabee William W and Larrabee Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1997
Sold by
Nantucket Modular Llc
Bought by
Mcgarvey Brenda and Mcgarvey Glenn A

Purchase Details

Closed on
Jul 31, 1996
Sold by
Lindsay Warren K
Bought by
Nantucket Modular Llc

Purchase Details

Closed on
Nov 8, 1993
Sold by
L & D Assocs
Bought by
Lindsay Warren K
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
Wdw Holdings Llc -- None Available
Wdw Holdings Llc -- None Available
Wroe Justin D -- None Available
Wroe Justin D -- None Available
Whelden Scott R $570,000 --
Whelden Scott R $570,000 --
Larrabee William W $350,000 --
Larrabee William W $350,000 --
Mcgarvey Brenda $274,000 --
Mcgarvey Brenda $274,000 --
Nantucket Modular Llc $85,000 --
Nantucket Modular Llc $85,000 --
Nantucket Modular Llc $85,000 --
Lindsay Warren K $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whelden Scott R $500,000
Previous Owner Larrabee William W $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $3,460,000 -3.8% $1,069 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $3,595,000 +124.7% $1,111 / Sq Ft
05/05/2021 05/05/21 Sold $1,600,000 +23.6% $1,020 / Sq Ft View Prior Sale
04/05/2021 04/05/21 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,295,000 -- $825 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $13,578 $4,139,700 $486,300 $3,653,400
2024 $12,109 $3,868,700 $486,300 $3,382,400
2023 $5,356 $1,668,600 $463,200 $1,205,400
2022 $33 $890,100 $390,300 $499,800
2021 $3,210 $884,400 $403,800 $480,600
2020 $3,051 $884,400 $403,800 $480,600
2019 $2,938 $874,500 $393,900 $480,600
2018 $2,907 $833,500 $476,100 $357,400
2017 $2,691 $793,800 $436,400 $357,400
2016 $2,442 $726,900 $380,900 $346,000
2015 $2,593 $718,400 $372,400 $346,000
2014 $2,631 $699,800 $353,800 $346,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22105068

Cape Cod & Islands Association of REALTORS®

APN: NANT-000-066-000-000-0002-81-000-000

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