NOT LISTED FOR SALE

3 School St Nantucket, MA 02554

Estimated Value: $4,217,760 - $5,541,000

6 Beds
3 Baths
3,056 Sq Ft
$1,548/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $2,500,000 $818 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $26,080/month

44 Days on Market

About This Home

As of July 2017

Originally built in the late 1700s, this timeless and classic antique residence exemplifies the grace and charm of early Nantucket homes. Situated on one of the most quaint streets in the historic district, the Asa Gardner house offers 5-6 BRS, 3 full baths, formal living and dining rooms, eat-in kitchen, wonderful sun porch, 6 fireplaces and beautiful pine floors. Many of the original features - wood moldings, paneled doors and mantels, transom lights, 12/12 windows, beamed ceilings and antique glass panes - have been carefully preserved throughout the years. Meticulously maintained by the same family for the past 38 years, 3 School Street is an authentic treasure combining antique elegance with modern conveniences.

Last Agent to Sell the Property

Mimi Huber

Lee Real Estate Listed on: 04/27/2017

Last Buyer's Agent

Susan Shepherd

Shepherd Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,122

Year Built

  • Built in 1780

Lot Details

  • 4,406 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 3,056 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 125

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,122

Year Built

Built in 1780

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1011
  • Year Built: 1780
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Stove: Yes, Washer: Yes - 2
  • Has Basement: The basement is separated into several rooms and has a brick and stone foundation in the older section and a concrete block foundation in newer section. Laundry room, storage rooms and exterior access.
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: 6
  • Fireplace: No
  • Flooring: Wide pine
  • Interior Amenities: A,Ins,Irr, Floor 1: Gracious entrance hallway with central staircase; formal living room with fireplace; dining room with fireplace; eat-in kitchen with fireplace, sitting/dining area, pantry, and laundry facilities; sunporch with beamed ceilings and access to yard; bedroom with fireplace; full bath with tub/shower., Floor 2: Front bedroom with fireplace; bedroom/sitting room with fireplace; bedroom with cathedral ceiling; small bedroom; large porch bedroom, two full bathrooms., Floor 3: Unfinished third floor has three storage rooms, wide pine flooring and the potential for conversion into additional living space or bedrooms.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Utility easement in favor of Lot A, Yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Garden, Patio
  • Foundation Details: Brick & stone

Garage/Parking

  • Parking Features: Approval for curb cut

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4406
  • Parcel #: 125
  • Zoning: ROH

Tax Info

  • Tax Lot: B
  • Tax Map Number: 4232
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jul 10, 2017
Sold by
Edward S Heard T 2002
Bought by
Russell Gordon C
Seller's Agent
Mimi Huber
Lee Real Estate
Buyer's Agent
Susan Shepherd
Shepherd Real Estate
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%
Current Estimated Value
$4,731,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,231,440
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Heard Edward S Est and Heard
Bought by
Edward S Heard T 2002 and Heard

Purchase Details

Closed on
Jul 7, 2011
Sold by
Heard Mary G and Heard Edward S
Bought by
Heard Edward S

Purchase Details

Closed on
Sep 15, 1994
Sold by
Groetzinger Martha A
Bought by
Heard Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Russell Gordon C $2,500,000 --
Edward S Heard T 2002 -- --
Edward S Heard T 2002 -- --
Edward S Heard T 2002 -- --
Heard Edward S -- --
Heard Edward S -- --
Heard Mary G $162,500 --
Heard Mary G $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heard Edward $162,500
Previous Owner Heard Edward $12,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $2,500,000 -7.2% $818 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $2,695,000 -- $882 / 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 $13,122 $4,000,500 $2,042,800 $1,957,700
2023 $10,129 $3,155,300 $1,981,300 $1,174,000
2022 $10,407 $2,782,700 $1,801,200 $981,500
2021 $9,182 $2,529,400 $1,441,000 $1,088,400
2020 $9,731 $2,820,500 $1,561,000 $1,259,500
2019 $9,477 $2,820,500 $1,561,000 $1,259,500
2018 $8,753 $2,479,500 $1,501,000 $978,500
2017 $9,074 $2,676,700 $1,566,100 $1,110,600
2016 $8,929 $2,657,400 $1,546,800 $1,110,600
2015 $8,589 $2,379,300 $1,252,100 $1,127,200
2014 $8,946 $2,379,300 $1,252,100 $1,127,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 83114

APN: NANT-004-232-000-000-0001-25-000-000