NOT LISTED FOR SALE

3 Step Ln Nantucket, MA 02554

Estimated Value: $9,529,000

20 Beds
9 Baths
7,463 Sq Ft
$1,277/Sq Ft Est. Value

About This Home

This home is located at 3 Step Ln, Nantucket, MA 02554 and is currently priced at $9,529,000, approximately $1,276 per square foot. 3 Step Ln is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Veranda House Inn Llc
Bought by
3 Step Lane Llc
Current Estimated Value
$9,529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,100,000
Outstanding Balance
$6,216,729
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Veranda House Llc
Bought by
Veranda House Inn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.28%
Mortgage Type
Commercial
Source: Public Records
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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
3 Step Lane Llc $4,148,004 --
Veranda House Inn Llc $3,040,000 --
Veranda House Inn Llc $3,040,000 --
Veranda House Inn Llc $3,040,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 Step Lane Llc $7,100,000
Closed 3 Step Lane Llc $7,100,000
Previous Owner Veranda House Inn Llc $3,000,000
Previous Owner Veranda House Inn Llc $900,000
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 $19,712 $3,545,400 $2,001,700 $1,543,700
2024 $10,104 $1,906,500 $1,906,500 $0
2023 $23,100 $4,230,800 $1,733,200 $2,497,600
2022 $261 $4,073,200 $1,575,600 $2,497,600
2021 $23,980 $3,867,700 $1,370,100 $2,497,600
2020 $21,398 $3,651,600 $1,370,100 $2,281,500
2019 $20,851 $3,651,600 $1,370,100 $2,281,500
2018 $16,841 $2,878,300 $1,037,900 $1,840,400
2017 $16,662 $2,781,700 $941,300 $1,840,400
2016 $14,997 $2,529,000 $729,500 $1,799,500
2015 $14,956 $2,344,200 $708,300 $1,635,900
2014 $15,659 $2,344,200 $708,300 $1,635,900
Source: Public Records

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