NOT LISTED FOR SALE

34 Prospect St Nantucket, MA 02554

Estimated Value: $1,964,000

5 Beds
5 Baths
3,366 Sq Ft
$583/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $1,720,000 $511 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,492/month

45 Days on Market

About This Home

As of October 2020

34 Prospect Street, a gracious half acre property, sits at the top of North Mill Street looking over a beautiful lawn that tumbles down to Mill Street. This ideal location is a pleasant ten minute stroll to the Pacific Bank and a short drive to mid-island shopping or to Surfside and Cisco beaches, Miacomet Golf Course, and Bartlett Farm. The house, constructed with timbers from old Nantucket homes and ships, evokes the era of Nantucket's whaling past. There are five bedrooms, five baths and several living areas. Several rooms are accented by large fireplaces and there are antique details throughout. The rear of the house opens to a lawn accented by mature trees.

Last Agent to Sell the Property

Edward Sanford

Great Point Properties Listed on: 07/14/2020

Last Buyer's Agent

Greg McKechnie

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1934

Lot Details

  • 0.49 Acre Lot
  • Property is zoned ROH

Parking

  • Garage

Home Design

  • 3,366 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cable TV Available

Community Details

  • Association fees include there will be homeowners dues to help maintain north mill street. the amount is not yet established.

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 77 (portion of)

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.489
  • Garage Yn: Yes
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 42885F
  • Appliances: Stove: Frigidaire Electrolux, Washer: Whirlpool
  • Has Basement: Basement with a laundry area and utility space.
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 4
  • Fireplace: No
  • Flooring: wood
  • Interior Amenities: A,Disp,OSh, Floor 1: From the entry there is a spacious living room to the left accented by a fireplace. To the right from the entry is a wood paneled dining room, again accented by a large cooking fireplace. Toward the back of the house is a smaller sitting room and spacious eat in kitchen. Beyond the kitchen is a family room and full bath with a loft bedroom over looking the room., Floor 2: From the foyer, up the winding stairs there are two bedrooms with baths. Each bedroom has a fireplace. There is a 3rd smaller bedroom with a bath that is accessed through a bedroom room and also a set of stairs that lead to the dining room., Floor 3: The 3rd floor is finished with a bedroom and an open bath and sleeping area.

Exterior Features

  • Lot Features: See Covenants and Restrictions, Expansive yard facing to Mill Street
  • Pool Private: No
  • View: None, Res
  • Foundation Details: Block
  • Other Structures: On the ground level, under the family room, is a garage.

Garage/Parking

  • Parking Features: Off-Street for multiple cars

Utilities

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

Fee Information

  • Association Fee Includes: There will be Homeowners Association dues to help maintain North Mill Street. The amount is not yet established.

Lot Info

  • Lot Size Sq Ft: 21300
  • Parcel #: 77 (portion of)
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 6500
  • Tax Lot: 19
  • Tax Map Number: 5544
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 27, 2020
Sold by
Mueller Nantucket Assoc
Bought by
Muller Frederick C and Muller Henry G
Seller's Agent
Edward Sanford
Great Point Properties
Buyer's Agent
Greg McKechnie
Great Point Properties
List Price
$2,150,000
Sold Price
$1,720,000
Premium/Discount to List
-$430,000
-20%
Current Estimated Value
$1,964,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,000

Purchase Details

Closed on
Jul 24, 2020
Sold by
Mueller Nantucket Assoc
Bought by
Little House Nt and Mueller

Purchase Details

Closed on
Dec 27, 2017
Sold by
Mueller Nt and Brown
Bought by
Mueller Nantucket Asso
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
Muller Frederick C -- None Available
Muller Frederick C -- None Available
Little House Nt -- None Available
Little House Nt -- None Available
Mueller Nantucket Asso -- --
Mueller Nantucket Asso -- --
Mueller Nantucket Asso -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $1,720,000 -20.0% $511 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $2,150,000 -- $639 / 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 $2,674 $1,619,900 $1,619,900 $0
2023 $0 $930,400 $930,400 $0
2022 $27 $715,100 $715,100 $0
2021 $6,510 $1,793,300 $764,000 $1,029,300
2020 $6,370 $1,846,400 $764,000 $1,082,400
2019 $5,998 $1,785,100 $702,000 $1,083,100
2018 $6,000 $1,672,800 $696,000 $976,800
2017 $5,581 $1,646,200 $696,000 $950,200
2016 $5,442 $1,619,700 $696,000 $923,700
2015 $5,079 $1,406,800 $608,000 $798,800
2014 $5,290 $1,406,800 $608,000 $798,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Edward Sanford

    Great Point Properties

    13 in this area

    13 Total Sales

    Edward Sanford
    Section Image

  • G

    Buyer's Agent in 2020

    Greg McKechnie

    Great Point Properties

    66 in this area

    66 Total Sales

    Greg McKechnie
    Section Image
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Map

Source: LINK

MLS Number: 87080

APN: NANT-005-544-000-000-0000-77-000-000

Massachusetts Nantucket County Nantucket 02554

34 Prospect St, Nantucket, MA

Not Listed for Sale

Detached

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