NOT LISTED FOR SALE

34 Morey Ln Nantucket, MA 02554

Estimated Value: $5,510,000 - $6,179,000

4 Beds
5.5 Baths
-- Sq Ft
0.27 Acres

Last Sold April 09, 2015

Last sale price $3,900,000

Est. 51% increase in value since last sale

Current estimated payment $32,306/month

707 Days on Market

Highlights

  • Ocean View
  • Porch
  • Patio

About This Home

As of April 2015

Beautiful family home set in Sconset's most desirable neighborhood!  Just one block to an ocean and a 5 minute walk to the Village and Sconset Casino.  The 11,534 square foot lot offers room for expansion, a second dwelling or an approval not required subdivision.  The interior of this 4-bedroom home offers comfortable living areas with plenty of space for an active lifestyle.   Additionally, the wonderfully landscaped grounds and a blue stone patio with built-in grill provide a great atmosphere to get out and enjoy the peaceful surroundings!

Last Agent to Sell the Property

Michael O'Mara

BHHS Island Properties Nantucket Listed on: 04/02/2013

BHHS Island Properties Nantucket

Last Buyer's Agent

Dana B Boyce

Boyce Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,364

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot
  • Property is zoned SOH

Home Design

  • Block Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Ocean Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,364

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.265
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: --
  • Appliances: Stove: 6-burner gas, Washer: Yes
  • Has Basement: Finished basement serves as extra large entertainment room.  There is a full bathroom.
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Yes
  • Fireplace: No
  • Flooring: Wood / Carpet / Tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Large kitchen with center island with seating for four.  Sitting area connected to the kitchen with a fireplace.  Laundry room off of the back of kitchen with utility sink and lots of storage cabinets; full bathroom.  Exterior doors off both sides of kitchen, one to back patio and the other to side entrance.  Wet bar off from sitting area as you enter the dining room.  Dining room with seating for 8 has windows overlooking the back yard that bring in a lot of natural light; built-in china cupboards.  Dining room is open to a living room which extends through to the front entry way with stairs up to the second floor.  The front door leads out to a large covered porch and the front yard with a gate out to Morey Lane.  Large sun room with peaked ceiling and an additional eating area, door back through to kitchen., Floor 2: Hallway with painted wood floors and attic drop down stairs.  Master bedroom suite is on the right with entry area with linen closet and an office with built in desk and shelves.  French doors thru to the bedroom with built-in bed with storage shelves under as well as 2 built-in bureaus as well as his and her closets.  One step up to door that leads out to private balcony with distant ocean views.  Large bathroom with tile shower.  Three additional bedrooms on this floor all with white painted wood floors and high ceilings.  Two have full bathrooms and a smaller bunk room has a half bath.

Exterior Features

  • Lot Features: Utility easement (electric)., Yes
  • Pool Private: No
  • View: D/Oc, Res
  • Exterior Features: Patio, Porch
  • Foundation Details: Block
  • Other Structures: There is a one-car garage.  *Please note, all telephone and electrical wires around the property are underground.

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 11534
  • Parcel #: 60
  • Zoning: SOH

Tax Info

  • Tax Annual Amount: 8364
  • Tax Lot: --
  • Tax Map Number: 73.3.2
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2013
Closed on
Apr 8, 2015
Sold by
34 Morey Lane Nt
Bought by
Kmc Ventures Llc
Seller's Agent
Michael O'Mara
BHHS Island Properties Nantucket
Buyer's Agent
Dana B Boyce
Boyce Realty
List Price
$4,495,000
Sold Price
$3,900,000
Premium/Discount to List
-$595,000
-13.24%
Current Estimated Value
$5,898,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,998,549
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Mclaughlin Ian Mw and Mclaughlin Mary M
Bought by
34 Morey Ln Nt

Purchase Details

Closed on
Jan 12, 1998
Sold by
Delige Nt
Bought by
Mclaughlin Ian Mw and Mclaughlin Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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
Kmc Ventures Llc $3,900,000 --
34 Morey Ln Nt $2,550,000 --
34 Morey Ln Nt $2,550,000 --
Mclaughlin Ian Mw $950,000 --
Mclaughlin Ian Mw $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Ian Mw $350,000
Previous Owner Mclaughlin Ian Mw $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2015 04/09/15 Sold $3,900,000 -13.2% --
03/10/2015 03/10/15 Pending -- -- --
04/02/2013 04/02/13 For Sale $4,495,000 -- --
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 $15,723 $4,793,500 $2,218,100 $2,575,400
2024 $15,020 $4,798,600 $2,259,200 $2,539,400
2023 $12,939 $4,030,900 $2,153,300 $1,877,600
2022 $12,624 $3,375,500 $1,965,000 $1,410,500
2021 $10,826 $2,982,500 $1,572,000 $1,410,500
2020 $10,990 $3,185,400 $1,703,000 $1,482,400
2019 $10,637 $3,165,900 $1,683,500 $1,482,400
2018 $10,440 $2,957,500 $1,618,800 $1,338,700
2017 $9,750 $2,876,100 $1,573,400 $1,302,700
2016 $8,333 $2,480,000 $1,554,000 $926,000
2015 $7,329 $2,030,300 $1,258,900 $771,400
2014 $7,634 $2,030,300 $1,258,900 $771,400
Source: Public Records

Agents Affiliated with this Home

  • Michael O'Mara

    Seller's Agent in 2015

    Michael O'Mara

    BHHS Island Properties Nantucket

    (508) 451-8339

    21 in this area

    21 Total Sales

    Michael O'Mara
    Section Image

  • D

    Buyer's Agent in 2015

    Dana B Boyce

    Boyce Realty

    (508) 680-6521

    2 in this area

    2 Total Sales

    Dana B Boyce
    Section Image
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Map

Source: LINK

MLS Number: 77352

APN: NANT-007-332-000-000-0000-60-000-000

Massachusetts Nantucket County Nantucket 02554

34 Morey Ln, Nantucket, MA

Not Listed for Sale

Detached

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