NOT LISTED FOR SALE

38 Union St Nantucket, MA 02554

Estimated Value: $3,914,000 - $5,727,000

5 Beds
4 Baths
2,992 Sq Ft
$1,559/Sq Ft Est. Value

Sale Details

Date Sold: April 7, 2022

Last sale price $2,520,000 $842 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $25,542 / mo

548 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of April 2022

Historic Sea Captains house dating back to the early 1800's built for Stephen and Elizabeth (Liza) Pinkham over 200 years ago. Enjoy a 5 bedroom home that lives well for today while retaining a nod to its past featuring many historic elements with wide plank wood floors; a beehive fireplace, corner posts, hand hewn original wood panelling, and "wavy glass window panes" on 3 floors of finished living areas. Just moments to Main Street, the ferries and all that downtown Nantucket has to offer!

Last Agent to Sell the Property

Mary Taaffe

Maury People Sotheby's International Realty Listed on: 09/05/2020

Maury People Sotheby's International Realty

Last Buyer's Agent

Chandra Miller

Maury People Sotheby's International Realty

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,400

Year Built

  • Built in 1810

Lot Details

  • 4,774 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 2,992 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 88

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,400

Year Built

Built in 1810

Lot Details

4,774 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1095
  • Year Built: 1810
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PB15/69
  • Appliances: Stove: GE Cafe, Washer: Yes
  • Has Basement: Unfinished Crawl with radiant heat
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: 6
  • Fireplace: No
  • Flooring: Wide Plank Pine
  • Interior Amenities: Ins,Irr,OSh, Floor 1: Entry foyer with stairwell and original newell post with an ivory mortgage button, Living Room with fireplace framed with original wood panelling, Family room (original kitchen location) with fireplace, bookshelves and full bath (former a borning room); dining room detailed with cherry panelling and original beehive fireplace; country kitchen with brand new GE Cafe appliances and updated tiling includes both casual dining and seating areas and access to patio & yard. First floor bedroom with closet., Floor 2: Front Bedroom with fireplace surrounded by original panelling, hall bath; sitting room with fireplace & side and side laundry; bedroom with fireplace; primary bedroom is spacious with vaulted ceilings and double doors to private deck overlooking the yard; private bath with tub & shower includes original shelving salvaged from previous renovation., Floor 3: 3rd Floor suite has generous space for both sleeping and lounging and has a row of windows with "winter" views of the harbor; full bath with tub & show. Abundant closets and eave storage; built in book shelve that swings out to reveal additional hidden storage.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Pre Existing Undersized Lot, Yard, Gardens & Patio
  • Pool Private: No
  • View: D/Hbr, Twn
  • Exterior Features: Garden, Patio, Deck
  • Foundation Details: Brick

Garage/Parking

  • Parking Features: Brick Off Street Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4774
  • Parcel #: 88
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 9400
  • Tax Lot: 1
  • Tax Map Number: 4232
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Apr 7, 2022
Sold by
Leech Richard E and Higgins-Leech Laurie
Bought by
Welch Jacqueline A
Seller's Agent
Mary Taaffe
Maury People Sotheby's International Realty
Buyer's Agent
Chandra Miller
Maury People Sotheby's International Realty
List Price
$2,725,000
Sold Price
$2,520,000
Premium/Discount to List
-$205,000
-7.52%
Current Estimated Value
$4,663,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,143,653
Avg. Annual Appreciation
16.33%
Original Mortgage
$1,890,000
Outstanding Balance
$1,746,028
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,917,625

Purchase Details

Closed on
Sep 1, 1992
Sold by
Dupont Wayne and Dupont Patricia
Bought by
Leech Richard and Leech Laurie H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welch Jacqueline A $2,520,000 None Available
Welch Jacqueline $2,520,000 None Available
Welch Jacqueline A $2,520,000 None Available
Leech Richard $467,500 --
Leech Richard E $467,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Jacqueline A $1,890,000
Closed Welch Jacqueline A $1,890,000
Previous Owner Leech Richard E $640,000
Previous Owner Leech Richard E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold $2,520,000 -7.5% $842 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
09/05/2020 09/05/20 For Sale $2,725,000 -- $911 / 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 $11,849 $3,612,400 $2,126,500 $1,485,900
2024 $11,308 $3,612,700 $2,165,900 $1,446,800
2023 $9,915 $3,088,800 $2,062,500 $1,026,300
2022 $102 $2,735,400 $1,875,000 $860,400
2021 $8,903 $2,452,500 $1,500,000 $952,500
2020 $9,401 $2,725,000 $1,625,000 $1,100,000
2019 $9,156 $2,725,000 $1,625,000 $1,100,000
2018 $7,124 $2,367,600 $1,562,500 $805,100
2017 $7,753 $2,287,000 $1,518,800 $768,200
2016 $4,891 $1,455,700 $687,500 $768,200
2015 $6,779 $1,877,800 $1,081,200 $796,600
2014 $6,573 $1,748,100 $951,500 $796,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mary Taaffe

    Maury People Sotheby's International Realty

    (508) 325-1526

    36 in this area

    36 Total Sales

    Mary Taaffe
    Section Image
  • Chandra Miller

    Buyer's Agent in 2022

    Chandra Miller

    Maury People Sotheby's International Realty

    (508) 360-7777

    140 in this area

    140 Total Sales

    Chandra Miller
    Section Image
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Map

Source: LINK

MLS Number: 87427

APN: NANT-004-232-000-000-0000-88-000-000

Massachusetts Nantucket County Nantucket 02554

38 Union St, Nantucket, MA

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