NOT LISTED FOR SALE

31 Fairgrounds Rd Nantucket, MA 02554

Estimated Value: $2,299,000

1.97 Acres
$1,165,467 Price per Acre
85,926 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $3,600,000 $3,010 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $12,319/month

587 Days on Market

About This Lot

As of February 2021

Centrally located large and level lot of 85,928 s.f. with preliminary approval for a 7 lot AR subdivision. Main house, cottage and tertiary dwelling units permitted. Many possible uses including day care center, some municipal and agricultural uses, covenant lots, personal services, neighborhood employee housing, recreational facilities, club and many others. The property currently has a house, detached garage and two outbuildings.

Last Agent to Sell the Property

Penny Dey

Atlantic East Nantucket Real Estate Listed on: 08/12/2018

Last Buyer's Agent

Penny Dey

Atlantic East Nantucket Real Estate Listed on: 08/12/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,416

Lot Details

  • 1.97 Acre Lot
  • Property is zoned R10

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 149

Property Details

Property Type

Land

Est. Annual Taxes

$2,416

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 1.9726
  • Special Features: None

Interior Features

  • Possible Use: Plan 19-30

Exterior Features

  • Lot Features: None known.
  • Pool Private: No
  • View: None, Res

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 85928
  • Parcel #: 149
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 2416
  • Tax Lot: 22
  • Tax Map Number: 67
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Nha Properties Inc
Bought by
Nantucket Is Land Bank
Current Estimated Value
$2,299,000

Purchase Details

Listed on
Aug 12, 2018
Closed on
Feb 11, 2021
Sold by
Coffin Ft and Spencer
Bought by
Nha Properties Inc
Seller's Agent
Penny Dey
Atlantic East Nantucket Real Estate
Buyer's Agent
Penny Dey
Atlantic East Nantucket Real Estate
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Coffin Frederick C
Bought by
Coffin Ft and Coffin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nantucket Is Land Bank $396,980 --
Nantucket Is Land Bank $396,980 --
Nha Properties Inc $3,600,000 None Available
Nha Properties Inc $3,600,000 None Available
Nha Properties Inc $3,600,000 None Available
Coffin Ft -- --
Coffin Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nha Properties Inc $67,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $3,600,000 -4.0% $3,010 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
08/12/2018 08/12/18 For Sale $3,750,000 -- $3,135 / 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 $3,560 $94,100 $94,100 $0
2024 $3,560 $1,335,300 $799,800 $535,500
2023 $0 $1,166,400 $766,800 $399,600
2022 $0 $936,300 $634,500 $301,800
2021 $3,560 $980,600 $656,400 $324,200
2020 $3,383 $980,600 $656,400 $324,200
2019 $3,119 $928,400 $604,200 $324,200
2018 $2,342 $684,600 $429,100 $255,500
2017 $2,312 $681,900 $409,200 $272,700
2016 $2,046 $608,900 $379,200 $229,700
2015 $2,433 $673,900 $444,200 $229,700
2014 $2,451 $651,800 $422,100 $229,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Penny Dey

    Atlantic East Nantucket Real Estate

    (508) 221-0801

    36 in this area

    38 Total Sales

    Penny Dey
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Map

Source: LINK

MLS Number: 84862

APN: NANT-000-067-000-000-0001-49-000-000

Massachusetts Nantucket County Nantucket 02554

31 Fairgrounds Rd, Nantucket, MA

Not Listed for Sale

Lots

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