NOT LISTED FOR SALE

337 Madaket Rd Nantucket, MA 02554

Estimated Value: $2,929,000 - $3,329,000

4 Beds
3 Baths
1,950 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $2,975,000 $1,526 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,920/month

18 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • 0.62 Acre Lot

About This Home

As of September 2021

Madaket Magic! Steps from swimming, fishing, and Millie's restaurant this property boasts expansive first and second floor water views of Hither Creek, Nantucket Sound, and the Atlantic Ocean. This oversized lot in VR zoning is a fantastic location to experience those breathtaking Madaket sunsets. The four bedroom three bathroom home has a strong rental history, been well maintained, and is being offered furnished.

Last Agent to Sell the Property

Meg Ruley

Atlantic East Nantucket Real Estate Listed on: 09/02/2021

Last Buyer's Agent

Carolyn Durand

Lee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,251

Year Built

  • Built in 1982

Lot Details

  • 0.62 Acre Lot
  • Property is zoned VR

Interior Spaces

  • 1,950 Sq Ft Home
  • Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 644

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,251

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.62
  • Garage Yn: No
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Possible Use: 14672-D
  • Appliances: Stove: GE Tru Temp, Washer: Amana
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: A,Irr,OSh, Floor 1: An inviting front deck leads to a bright, open living area that has a cathedral ceiling, lovely wide pine floors, a fireplace and French doors leading to the large sunny deck. The fireplace is surrounded by built-in book cases and a sitting bench. The fully appointed kitchen and the dining area, is light filled and welcoming. One guest bedroom (Queen) is en suite with shower and tub, along with a deep closet. The other two bedrooms (Twins) and (Twin, Twin Bunk Beds) share a hall bath with a tub, shower and laundry area. There is also a small enclosed porch great for a small office and storage., Floor 2: An open staircase leads to a loft area and to the primary suite (King) with a bathroom that has a tub and shower. There are wonderful water views off of the upper deck. There is a mini-split system for heating and cooling in the primary suite.
  • Main Level Bedrooms: 3

Exterior Features

  • Lot Features: Refer to deed, Yes
  • Pool Private: No
  • View: D/Snd, D/Oc
  • Exterior Features: Deck
  • Foundation Details: Block/Crawl

Garage/Parking

  • Parking Features: 2

Utilities

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

Lot Info

  • Lot Size Sq Ft: 27007
  • Parcel #: 644
  • Zoning: VR

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 7250.81
  • Tax Lot: 7
  • Tax Map Number: 60.24
  • Tax Other Annual Assessment Amount: 1494000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 1993
Sold by
Moran Timothy J and Maran Paul P
Bought by
Fain Richard A and Fain Joanne
Current Estimated Value
$3,057,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.72%
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 Buyer Sale Price Title Company
Fain Richard A $372,500 --
Fain Richard A $372,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fain Richard A $1,237,500
Closed Fain Richard A $260,000
Closed Fain Richard A $298,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $2,975,000 -1.7% $1,526 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $3,025,000 +83.3% $1,551 / Sq Ft
09/19/2018 09/19/18 Sold $1,650,000 0.0% $846 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $1,650,000 -- $846 / 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 $8,512 $2,595,100 $1,782,700 $812,400
2023 $7,665 $2,387,900 $1,788,000 $599,900
2022 $73 $1,942,200 $1,494,000 $448,200
2021 $7,050 $1,942,200 $1,494,000 $448,200
2020 $6,781 $1,965,600 $1,494,000 $471,600
2019 $8,275 $2,462,800 $1,976,000 $486,800
2018 $8,685 $2,413,900 $1,976,000 $437,900
2017 $8,142 $2,401,700 $1,976,000 $425,700
2016 $7,985 $2,376,400 $1,976,000 $400,400
2015 $6,386 $1,768,900 $1,396,000 $372,900
2014 $4,394 $1,168,600 $795,700 $372,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Meg Ruley

    Atlantic East Nantucket Real Estate

    (508) 228-1398

    25 in this area

    25 Total Sales

    Meg Ruley
    Section Image

  • C

    Buyer's Agent in 2021

    Carolyn Durand

    Lee Real Estate

    (508) 228-2315

    41 in this area

    41 Total Sales

    Carolyn Durand
    Section Image

  • D

    Seller's Agent in 2018

    Debbi Deeley Culbertson

    Great Point Properties

    (508) 325-2021

    3 in this area

    3 Total Sales

    Debbi Deeley Culbertson
    Section Image
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Map

Source: LINK

MLS Number: 88327

APN: NANT-006-024-000-000-0000-64-000-004

Massachusetts Nantucket County Nantucket 02554

337 Madaket Rd, Nantucket, MA

This home is located at 337 Madaket Rd, Nantucket, MA 02554 since 02 September 2021 and is currently estimated at $3,057,750, approximately $1,568 per square foot. This property was built in 1982. 337 Madaket Rd is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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