$3,695,000
SOLD NOV 4, 2014

3 Traders Ln Nantucket, MA 02554

5 Beds
5.5 Baths
2,700 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$1,369 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Deck
  • Patio
  • Garden
  • Porch

About This Home

As of June 2021

A Stunning Contemporary Renovation of one of Nantucket's beautiful Historic Homes and on one of the island's most sought after downtown locations. Only a few hundred yards to the cobblestone streets of the town of Nantucket, Traders Lane is quiet, tucked away, picturesque and surrounded by historic Whaling Captain estates. The well-appointed five bedroom, five and a half bath home was recently completed by one of the island's leading developers using only the highest quality materials and craftsmanship. The open floor plan offers stylish and functional finished living spaces with plenty of room for family and friends to gather. The outdoor living areas provide privacy as French doors lead to a large covered blue stone patio and well-landscaped yard surrounded by mature plantings and trees. History converges with today's modern amenities and chic design, offering all that a discriminating buyer could ask for.  And, right in the heart of historic Nantucket. Features include; Gourmet Kitchen, Open Floor Plan, Original Antique Reclaimed Wide Plank Kings Pine flooring from the late 1700’s throughout, Original Beams, Central AC,  Multiple Shiplapped areas, Indoor Gas Fireplace, Exquisite Custom Tile, Gorgeous Lighting Fixtures, Alarm System, Sonos Music System, Beautiful Landscaping, Built Ins, Off Street Parking and so much more.  Furniture package available.

Last Agent to Sell the Property

Chris Kling

J Pepper Frazier Co. Listed on: 08/28/2014

Last Buyer's Agent

Mimi Huber

Lee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 1800

Lot Details

  • 3,049 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 2,700 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 116

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,523

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.07
  • Year Built: 1800
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: -
  • Appliances: Stove: Wolf 6 Burner, Washer: Whirlpool Duet
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Original Antique Wide Plank Kings Pine
  • Interior Amenities: A,AC,Disp,Ins,Irr, Floor 1: A stately front door welcomes you into a spacious, open living room featuring original reclaimed wide-plank King pine floors throughout. The light-filled, living room is a perfect place to get cozy or entertain with design features including a contemporary gas fireplace surrounded by granite with high-end finishes.  Abutting the living room is a dining area with a built in banquet to accommodate eight.  French doors lead to an inviting outdoor area featuring a covered blue stone patio and a private yard surrounded by landscaped gardens. Beyond the dining area is a private office or reading room with pocket doors and custom built in cabinetry. The light-filled gourmet kitchen, with views of the garden, uniquely blends modern amenities with historic features with its vaulted ceilings, original antique beams, Calacutta marble island and granite counter tops.  High end appliances include a 6-burner Wolf stove, Sub Zero fridge, Bosch dishwasher, and Sub Zero wine fridge. Beyond the kitchen are a powder room, as well as a well-equipped laundry and mudroom featuring exterior access and multiple built in cabinetry.  This level also has the convenience of a large first floor master bedroom with a custom tiled bath and glassed in shower.  Recessed lighting and gorgeous modern lighting fixtures throughout add to the ambiance of this special property., Floor 2: The spacious second floor features three large bedrooms, all with en suite custom tiled baths and glassed in showers. The large master bedroom has a private mahogany deck overlooking the yard and neighboring whaling estates, a spacious tiled bath with double vanity and glassed in shower, as well as a Sonos music system. Two additional bedrooms, both with en suite custom tiled baths.  An attention to combining modern design and functionality with the historic elements of the home continues on this upper level with the white, sleek shiplapped walls, recessed lighting, and original reclaimed antique King pine flooring., Floor 3: A large open floor plan, offering a spacious retreat for younger generations to enjoy privacy from adults, features a living room and two twin beds and a full bath with bathtub. Incredible views of the garden and yard can be enjoyed from the multiple large windows.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: None known, Yes, beautiful and private
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: Brick

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3049
  • Parcel #: 116
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 6523
  • Tax Lot: -
  • Tax Map Number: 4233
  • Tax Other Annual Assessment Amount: 1032900
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jun 15, 2021
Sold by
3 Traders Lane Llc
Bought by
Hansen Mark A
Seller's Agent
Jennifer Frazier
J Pepper Frazier Co.
Buyer's Agent
John F. Trudel III
Maury People Sotheby's International Realty
List Price
$4,695,000
Sold Price
$4,325,000
Premium/Discount to List
-$370,000
-7.88%
Current Estimated Value
$5,620,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,295,839
Avg. Annual Appreciation
5.42%
Original Mortgage
$2,811,250
Outstanding Balance
$2,550,505
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,862,118

Purchase Details

Listed on
Mar 8, 2017
Closed on
Oct 6, 2017
Sold by
Southstar Mountain Vie
Bought by
3 Traders Lane Llc
Seller's Agent
Mimi Huber
Lee Real Estate
Buyer's Agent
Jennifer Frazier
J Pepper Frazier Co.
List Price
$4,995,000
Sold Price
$3,650,000
Premium/Discount to List
-$1,345,000
-26.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%

Purchase Details

Listed on
Aug 28, 2014
Closed on
Nov 4, 2014
Sold by
Fogarty Brian
Bought by
Southstar Mountain Vie
Seller's Agent
Chris Kling
J Pepper Frazier Co.
Buyer's Agent
Mimi Huber
Lee Real Estate
List Price
$3,795,000
Sold Price
$3,695,000
Premium/Discount to List
-$100,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 22, 2013
Sold by
Mccluskey Katherine A
Bought by
Fogarty Brian
Seller's Agent
Kathy Gallaher
Maury People Sotheby's International Realty
Buyer's Agent
Chris Kling
J Pepper Frazier Co.
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
226.69%
Original Mortgage
$1,895,000
Interest Rate
4.25%
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 Type Sale Price Title Company
Not Resolvable $4,325,000 None Available
Deed $3,650,000 --
Deed $3,650,000 --
Deed $3,650,000 --
Not Resolvable $3,695,000 --
Not Resolvable $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,811,250 Purchase Money Mortgage
Closed $2,811,250 Purchase Money Mortgage
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,895,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $4,325,000 -7.9% $1,545 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $4,695,000 +28.6% $1,677 / Sq Ft
10/06/2017 10/06/17 Sold $3,650,000 -26.9% $1,352 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $4,995,000 +35.2% $1,850 / Sq Ft
11/04/2014 11/04/14 Sold $3,695,000 -2.6% $1,369 / Sq Ft
10/05/2014 10/05/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $3,795,000 +216.3% $1,406 / Sq Ft
11/22/2013 11/22/13 Sold $1,200,000 -24.8% $502 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $1,595,000 -- $667 / 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 $14,719 $4,487,600 $1,770,500 $2,717,100
2024 $13,927 $4,449,400 $1,803,300 $2,646,100
2023 $11,929 $3,716,100 $1,717,300 $1,998,800
2022 $11,344 $3,033,100 $1,561,200 $1,471,900
2021 $10,440 $2,876,100 $1,249,000 $1,627,100
2020 $11,138 $3,228,300 $1,353,000 $1,875,300
2019 $10,847 $3,228,300 $1,353,000 $1,875,300
2018 $8,426 $2,436,700 $1,301,000 $1,135,700
2017 $7,964 $2,349,300 $1,264,600 $1,084,700
2016 $7,759 $2,309,300 $1,249,000 $1,060,300
2015 $7,035 $1,948,700 $1,037,500 $911,200
2014 $6,276 $1,669,200 $1,032,900 $636,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennifer Frazier

    J Pepper Frazier Co.

    (774) 236-9260

    21 in this area

    21 Total Sales

    Jennifer Frazier
    Section Image

  • J

    Buyer's Agent in 2021

    John F. Trudel III

    Maury People Sotheby's International Realty

    (508) 648-8870

    42 in this area

    42 Total Sales

    John F. Trudel III
    Section Image

  • M

    Seller's Agent in 2017

    Mimi Huber

    Lee Real Estate

    (508) 325-2073

    18 in this area

    18 Total Sales

    Mimi Huber
    Section Image
  • Chris Kling

    Seller's Agent in 2014

    Chris Kling

    J Pepper Frazier Co.

    (781) 254-2293

    46 in this area

    46 Total Sales

    Chris Kling
    Section Image

  • K

    Seller's Agent in 2013

    Kathy Gallaher

    Maury People Sotheby's International Realty

    (508) 560-0078

    55 in this area

    55 Total Sales

    Kathy Gallaher
    Section Image
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Map

Source: LINK

MLS Number: 79492

APN: NANT-004-233-000-000-0001-16-000-000

Massachusetts Nantucket County Nantucket 02554

3 Traders Ln, Nantucket, MA

This home is located at 3 Traders Ln, Nantucket, MA 02554 and is currently priced at $3,695,000, approximately $1,368 per square foot. This property was built in 1800. 3 Traders Ln is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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