3 Spring St Nantucket, MA 02554
Estimated Value: $2,173,000 - $2,887,000
4
Beds
1.5
Baths
1,240
Sq Ft
$2,026/Sq Ft
Est. Value
About This Home
As of March 2022SWEET SPRING STREET - This 4 bedroom, 1.5 bath adorable cottage with it's white picket fence captures the essence of Nantucket charm. Located in the historic district on a truly lovely, quiet lane just a short distance to the beach at Monomoy Creeks and Consue Springs duck pond. The house is nicely maintained and enjoys a good size professionally landscaped lawn and garden with a small breakfast patio just off the kitchen and a larger, patio suitable for entertaining in a very private back yard. A garden shed, outside shower and 2 off street parking spaces make this a perfect in-town getaway.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,520
Year Built
- Built in 1950
Lot Details
- 5,242 Sq Ft Lot
- Property is zoned ROH
Home Design
- 1,240 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Additional Features
- Patio
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 44
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2021
Closed on
Mar 25, 2022
Sold by
Three Spring Street Nt and Schobel
Bought by
Cardarelli Michael
Seller's Agent
Cynthia Lenhart
William Raveis Nantucket
Buyer's Agent
Bernadette Meyer
Maury People Sotheby's International Realty
List Price
$2,195,000
Sold Price
$2,065,000
Premium/Discount to List
-$130,000
-5.92%
Total Days on Market
207
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,780
Avg. Annual Appreciation
7.96%
Original Mortgage
$1,465,000
Outstanding Balance
$1,389,797
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,246,615
Purchase Details
Closed on
May 16, 2007
Sold by
Schobel Alexander M and Schobel Sheryl L
Bought by
3 Spring St Nt and Schobel
Purchase Details
Closed on
Dec 13, 2006
Sold by
Fish Lane Rt and Murphy
Bought by
Schobel Alexander M and Schobel Sheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 3, 2004
Sold by
Davis Marilyn A and Prather Elaine M
Bought by
Fish Lane Rt and Murphy Janet P
Similar Homes in Nantucket, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cardarelli Michael | $2,065,000 | None Available | |
| Cardarelli Michael | $2,065,000 | None Available | |
| Cardarelli Michael | $2,065,000 | None Available | |
| 3 Spring St Nt | -- | -- | |
| 3 Spring St Nt | -- | -- | |
| 3 Spring St Nt | -- | -- | |
| Schobel Alexander M | $1,120,000 | -- | |
| Schobel Alexander M | $1,120,000 | -- | |
| Schobel Alexander M | $1,120,000 | -- | |
| Fish Lane Rt | $950,000 | -- | |
| Fish Lane Rt | $950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cardarelli Michael | $1,465,000 | |
| Closed | Cardarelli Michael | $1,465,000 | |
| Previous Owner | 3 Spring Street Nt | $690,000 | |
| Previous Owner | 3 Spring Street Nt | $430,000 | |
| Previous Owner | Fish Lane Rt | $843,750 | |
| Previous Owner | Schobel Alexander M | $896,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2022 03/28/22 | Sold | $2,065,000 | -5.9% | $1,665 / Sq Ft |
| 02/26/2022 02/26/22 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | $2,195,000 | -- | $1,770 / Sq Ft |
Source: LINK
Tax History Compared to Growth
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 | $6,619 | $2,018,000 | $1,056,300 | $961,700 |
| 2024 | $6,146 | $1,963,600 | $1,015,600 | $948,000 |
| 2023 | $5,099 | $1,588,500 | $890,100 | $698,400 |
| 2022 | $37 | $976,700 | $678,300 | $298,400 |
| 2021 | $3,428 | $944,400 | $646,000 | $298,400 |
| 2020 | $3,313 | $960,400 | $646,000 | $314,400 |
| 2019 | $3,217 | $957,400 | $643,000 | $314,400 |
| 2018 | $3,326 | $925,300 | $643,000 | $282,300 |
| 2017 | $3,110 | $917,300 | $643,000 | $274,300 |
| 2016 | $3,055 | $909,300 | $643,000 | $266,300 |
| 2015 | $2,817 | $780,400 | $555,000 | $225,400 |
| 2014 | $2,934 | $780,400 | $555,000 | $225,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Lenhart
C
Seller's Agent in 2022
Cynthia Lenhart
William Raveis Nantucket
(508) 325-1648
6 Total Sales
-
Bernadette Meyer
B
Buyer's Agent in 2022
Bernadette Meyer
Maury People Sotheby's International Realty
(508) 680-4748
139 Total Sales
Map
Source: LINK
MLS Number: 88661
APN: NANT-005-514-000-000-0000-44-000-000
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