NOT LISTED FOR SALE

32 Somerset Ln Nantucket, MA 02554

Estimated Value: $5,537,000 - $6,915,000

6 Beds
7 Baths
3,835 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $3,750,000 $978 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $32,181/month

22 Days on Market

Highlights

  • 0.97 Acre Lot
  • Deck
  • Garden
  • Pasture Views
  • Patio

About This Home

As of March 2021

Situated on an acre of land adjacent to Land Bank property, this spacious six-bedroom home has a modern open floor plan with three finished levels. The outdoor spaces were designed to be enjoyed with a welcoming covered porch entry that overlooks the lawn and pool, along with several bluestone terraces that are suited for outdoor dining and poolside lounging. This property is ideally located with easy proximity to all of the popular Cisco destinations - and Town is a bike ride or brief car ride away.

Last Agent to Sell the Property

Bill Liddle

Great Point Properties Listed on: 11/11/2020

Last Buyer's Agent

Dawn Hill Holdgate

Great Point Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 0.97 Acre Lot
  • Garden
  • Property is zoned R20

Interior Spaces

  • 3,835 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 72

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.97
  • Garage Yn: No
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Plan File 3-B
  • Appliances: Stove: Jenn-Air - gas, Washer: Yes
  • Has Basement: Generous landing; mechanical room; half bath; family room; and two spacious bedrooms - each with walk-in closets and ensuite bathrooms (showers) and doors that open to a sunken garden.
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: One
  • Fireplace: No
  • Flooring: Oak
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Welcoming covered porch entry into a large open concept living area featuring a living room with a wood-burning fireplace and access to a bluestone terrace; dining area; well-equipped kitchen; powder room; laundry room with sink; primary bedroom with double closets and ensuite bathroom with soaking tub, shower, WC and linen closet., Floor 2: Large second-floor landing with ample closet storage; bedroom with cathedral ceilings and ensuite bath(shower) and double vanity; two additional bedrooms with cathedral ceilings with a shared adjoing bathroom (shower).
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: See deed, Expansive
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck, Garden, Patio, P/Pool
  • Foundation Details: Poured
  • Other Structures: Pool shed (pool equipment located in the rear) with storage and adjacent outdoor shower.

Garage/Parking

  • Parking Features: Multiple

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 42253
  • Parcel #: 72
  • Zoning: R20

Green Features

Multi Family

Tax Info

  • Tax Lot: 11
  • Tax Map Number: 66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Mar 2, 2021
Sold by
Jouland Llc
Bought by
Russel Jeffrey and Russel Megan
Seller's Agent
Bill Liddle
Great Point Properties
Buyer's Agent
Dawn Hill Holdgate
Great Point Properties
List Price
$4,100,000
Sold Price
$3,750,000
Premium/Discount to List
-$350,000
-8.54%
Current Estimated Value
$5,940,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,190,677
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,000,000
Outstanding Balance
$896,429
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,142,295

Purchase Details

Listed on
May 6, 2013
Closed on
Jul 3, 2013
Sold by
Nantucket Island Ventu
Bought by
Jouland Llc
Seller's Agent
Stephen Maury
Beacon Real Estate
Buyer's Agent
Patience Killen
Jordan Real Estate
List Price
$745,000
Sold Price
$640,000
Premium/Discount to List
-$105,000
-14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.92%

Purchase Details

Listed on
Mar 1, 2013
Closed on
Mar 1, 2013
Sold by
Nantucket Bank
Bought by
Nantucket Island Ventu
Seller's Agent
LINK Foreclosure
LINK Listing Information Network
Sold Price
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.83%

Purchase Details

Listed on
Mar 1, 2012
Closed on
Feb 28, 2012
Sold by
Anderson Leroy E
Bought by
Sovereign Bank Na
Seller's Agent
LINK Foreclosure
LINK Listing Information Network
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.05%
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
Russel Jeffrey $3,750,000 None Available
Jouland Llc $640,000 --
Nantucket Island Ventu $459,000 --
Sovereign Bank Na $370,000 --
Sovereign Bank Na $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russel Jeffrey $1,000,000
Closed Russel Jeffrey $1,000,000
Previous Owner Sovereign Bank Na $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2021 03/03/21 Sold $3,750,000 -8.5% $978 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $4,100,000 +540.6% $1,069 / Sq Ft
07/03/2013 07/03/13 Sold $640,000 -14.1% $476 / Sq Ft View Prior Sale
06/03/2013 06/03/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $745,000 +101.4% $554 / Sq Ft
03/01/2012 03/01/12 Sold $370,000 0.0% $275 / Sq Ft View Prior Sale
03/01/2012 03/01/12 For Sale $370,000 -- $275 / Sq Ft
Source: LINK

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 $15,247 $4,648,400 $771,600 $3,876,800
2024 $13,663 $4,365,300 $771,600 $3,593,700
2023 $11,588 $3,610,100 $736,200 $2,873,900
2022 $11,020 $2,946,400 $598,000 $2,348,400
2021 $10,770 $2,967,000 $618,600 $2,348,400
2020 $10,512 $3,047,000 $618,600 $2,428,400
2019 $10,274 $3,057,600 $603,300 $2,454,300
2018 $10,304 $2,918,900 $603,300 $2,315,600
2017 $9,725 $2,868,600 $553,000 $2,315,600
2016 $8,158 $2,428,000 $482,600 $1,945,400
2015 $6,212 $1,720,800 $429,300 $1,291,500
2014 $2,536 $674,600 $407,800 $266,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bill Liddle

    Great Point Properties

    48 in this area

    48 Total Sales

    Bill Liddle
    Section Image

  • D

    Buyer's Agent in 2021

    Dawn Hill Holdgate

    Great Point Properties

    (508) 364-7342

    22 in this area

    22 Total Sales

    Dawn Hill Holdgate
    Section Image

  • S

    Seller's Agent in 2013

    Stephen Maury

    Beacon Real Estate

    (508) 451-0191

    35 in this area

    35 Total Sales

    Stephen Maury
    Section Image

  • P

    Buyer's Agent in 2013

    Patience Killen

    Jordan Real Estate

    (508) 325-2625

    1 in this area

    1 Total Sale

    Patience Killen
    Section Image

  • L

    Seller's Agent in 2012

    LINK Foreclosure

    LINK Listing Information Network

    15 in this area

    15 Total Sales

    LINK Foreclosure
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 87755

APN: NANT-000-066-000-000-0000-72-000-000

Massachusetts Nantucket County Nantucket 02554

32 Somerset Ln, Nantucket, MA

Not Listed for Sale

Detached

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