NOT LISTED FOR SALE

3 Spring St Nantucket, MA 02554

Estimated Value: $2,264,000 - $2,911,000

4 Beds
1.5 Baths
1,240 Sq Ft
$2,051/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $2,065,000 $1,665 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,033/month

207 Days on Market

About This Home

As of March 2022

SWEET 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.

Last Agent to Sell the Property

Cynthia Lenhart

William Raveis Nantucket Listed on: 08/02/2021

Last Buyer's Agent

Bernadette Meyer

Maury People Sotheby's International Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1203
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Plan No. 2004-58
  • Appliances: Stove: Bosch, Washer: Maytag
  • Has Basement: crawl space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: Hard wood
  • Interior Amenities: Ins,Irr,OSh, Floor 1: Living / dining room, kitchen, full bath with tub shower, master bedroom, small bedroom or den and entry / storage room with access to breakfast patio., Floor 2: Two lovely bedrooms which share a half bath off the hall., Floor 3: None.
  • Main Level Bedrooms: 2

Exterior Features

  • Lot Features: None known., yes, very nice.
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Patio
  • Foundation Details: cement
  • Other Structures: Garden Shed behind the house.

Garage/Parking

  • Parking Features: 2 car

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5242
  • Parcel #: 44
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 3520.13
  • Tax Lot: 1
  • Tax Map Number: 5514
  • Tax Other Annual Assessment Amount: 646000
  • Tax Year: 2021

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%
Current Estimated Value
$2,542,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,809
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,465,000
Outstanding Balance
$1,380,810
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,142,602

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
Source: Public Records

Range of Values:

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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
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 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

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 $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

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Map

Source: LINK

MLS Number: 88661

APN: NANT-005-514-000-000-0000-44-000-000