NOT LISTED FOR SALE

37 Somerset Rd Nantucket, MA 02554

Estimated Value: $1,668,240 - $1,973,000

3 Beds
1.5 Baths
2,224 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $1,020,000 $459 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,757/month

75 Days on Market

Highlights

  • Pasture Views
  • Deck
  • Porch

About This Home

As of November 2020

Down a quiet lane equidistant between Town and Miacomet/Cisco Beaches, this three bedroom, one and one-half bath home stands ready for your touch. With over 32 acres of Land Bank property nearby, the rolling topography and southwest exposure give the lot character. The house, set well back from Somerset Road, has great "bones", plenty of available ground cover and town sewer hook up available so you can really have it your way with sunsets over a peaceful vista. Commission approval will be required for any building inside the 100-foot buffer, see Determination of Applicability.

Last Agent to Sell the Property

Alison Forsgren

Atlantic East Nantucket Real Estate Listed on: 08/11/2020

Last Buyer's Agent

Max Perkins

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 1985

Lot Details

  • 0.8 Acre Lot
  • Property is zoned R20

Home Design

  • Block Foundation

Interior Spaces

  • 2,224 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 108

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,381

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.8
  • Garage Yn: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: LCPL 14830-M
  • Appliances: Stove: GE Electric, Washer: Maytag
  • Has Basement: Crawl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: Ins, Floor 1: Covered front porch leads to open staircase to second floor. Separate living room with dropped plaster ceiling. The large open kitchen/dining room has wide pine floors and exposed 4 x 10 fir beams with French doors to the deck which runs the length of the room. There is a separate office/small bedroom and a half bath., Floor 2: Winding stairs to a large landing on the second floor. Two bedrooms share a large bath with full sized washer and dryer.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Sewer Easement - See site plan for sewer connection to be installed by Buyer., Large
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck, Porch
  • Foundation Details: Block
  • Other Structures: Shed

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 34848
  • Parcel #: 108
  • Zoning: R20

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3381
  • Tax Lot: 39
  • Tax Map Number: 56
  • Tax Other Annual Assessment Amount: 608400
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 1984
Bought by
Raphael John C
Total Days on Market
75
Current Estimated Value
$1,762,060
Source: Public Records

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Range of Values:

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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
Raphael John C $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Nicholas $275,000
Closed Ray Nicholas $100,000
Closed Raphael John C $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $1,020,000 -6.8% $459 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $1,095,000 -- $492 / 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 $4,857 $1,480,700 $761,400 $719,300
2024 $4,404 $1,407,100 $698,000 $709,100
2023 $3,881 $1,209,100 $689,700 $519,400
2022 $3,538 $946,000 $578,000 $368,000
2021 $3,490 $961,500 $608,400 $353,100
2020 $3,382 $980,200 $608,400 $371,800
2019 $2,857 $850,400 $478,600 $371,800
2018 $942 $763,000 $428,700 $334,300
2017 $2,488 $733,800 $408,800 $325,000
2016 $2,334 $694,500 $378,900 $315,600
2015 $2,059 $570,300 $282,800 $287,500
2014 $2,012 $535,000 $247,500 $287,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alison Forsgren

    Atlantic East Nantucket Real Estate

    (508) 566-4449

    5 Total Sales

    Alison Forsgren
    Section Image

  • M

    Buyer's Agent in 2020

    Max Perkins

    William Raveis Nantucket

    23 Total Sales

    Max Perkins
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 87243

APN: NANT-000-056-000-000-0001-08-000-000

Massachusetts Nantucket County Nantucket 02554

37 Somerset Rd, Nantucket, MA

This home is located at 37 Somerset Rd, Nantucket, MA 02554 since 11 August 2020 and is currently estimated at $1,762,060, approximately $792 per square foot. This property was built in 1985. 37 Somerset 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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