NOT LISTED FOR SALE

38 Youngs Way Nantucket, MA 02554

Estimated Value: $2,194,000 - $3,125,000

4 Beds
6 Baths
4,520 Sq Ft
$594/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $1,250,000 $277 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $14,504/month

202 Days on Market

About This Home

As of July 2020

Approved list price. Multi family mixed use property conveniently located in Mid Island. Unit 1 - consists of first floor kitchen, living area, laundry room, half bath. Stairs to 2nd floor with two bedrooms and two full baths. Stairs to finished attic space with walk in storage closet. All hardwood floors. Finished basement with workshop room, and mechanical room. Attached two room space with 1/2 bath. Separate 2 bedroom apartment with finished
attic space. Property is being sold in "as is" condition.
BUYERS BROKERS PLEASE NOTE THE FOLLOWING: Be advised that any offers on this property require a minimum Earnest Money Deposit of 1% of the Purchase Price and ALL OFFERS are to be submitted to PropOffers.com. Buyers Brokers are required to pay $175.00 as the Offer Management Fee at Closing of any accepted offer.

Last Agent to Sell the Property

Joyce Montalbano

Congdon & Coleman Real Estate Listed on: 11/08/2019

Last Buyer's Agent

Joyce Montalbano

Congdon & Coleman Real Estate Listed on: 11/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,345

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Garden

Home Design

  • 4,520 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Deck
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,345

Year Built

Built in 2004

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Multi Family
  • Road Frontage Type: None
  • Lot Size Acres: 0.3
  • Garage Yn: No
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Stove: None, Washer: hook up only
  • Has Basement: Full finished. Workshop room, mechanical room.
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Flooring: wood-maple
  • Interior Amenities: Floor 1: Entrance foyer leads you into the living / dining area and kitchen. French doors to the large back deck and yard. Off the hall there is a 1/2 bath and laundry area. There is a door to the attached carpeted two room office with work area and 1/2 bath., Floor 2: Large Master bedroom with private jetted tub/shower. Another bedroom with full bathroom off the hall. Laundry shoot. Hardwood Floors., Floor 3: Finished attic with hardwood floors and large walk in storage / closet area.

Exterior Features

  • Lot Features: see deed, Large
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden
  • Foundation Details: poured
  • Other Structures: Shed in yard and Tree House.

Garage/Parking

  • Parking Features: Several

Utilities

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

Lot Info

  • Lot Size Sq Ft: 13068
  • Parcel #: 235
  • Zoning: RC2

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4345.48
  • Tax Lot: 8
  • Tax Map Number: 68
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jul 9, 2020
Sold by
Diplomat Property Mgr Llc
Bought by
Redcliff Llc
Seller's Agent
Joyce Montalbano
Congdon & Coleman Real Estate
Buyer's Agent
Joyce Montalbano
Congdon & Coleman Real Estate
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Current Estimated Value
$2,686,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,436,354
Avg. Annual Appreciation
14.45%
Original Mortgage
$937,500
Outstanding Balance
$831,313
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,855,041

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jan 18, 2019
Sold by
Marshall-Jones Bruce and Wilmington T Na
Bought by
Diplomat Property Manager
Seller's Agent
LINK Foreclosure
LINK Listing Information Network
Sold Price
$1,000,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.70%
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
Redcliff Llc $1,250,000 None Available
Redcliff Llc $1,250,000 None Available
Redcliff Llc $1,250,000 None Available
Diplomat Property Manager $1,000,722 --
Diplomat Property Manager $1,000,722 --
Diplomat Property Manager $1,000,722 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redcliff Llc $937,500
Closed Redcliff Llc $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Sold $1,250,000 -16.7% $277 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $1,500,000 +49.9% $332 / Sq Ft
02/04/2019 02/04/19 Sold $1,000,722 -- $221 / Sq Ft View Prior Sale
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 $6,320 $1,926,800 $669,100 $1,257,700
2024 $5,881 $1,879,000 $638,000 $1,241,000
2023 $4,946 $1,540,800 $580,400 $960,400
2022 $58 $1,542,100 $709,400 $832,700
2021 $5,026 $1,384,600 $616,900 $767,700
2020 $4,904 $1,421,500 $616,900 $804,600
2019 $4,345 $1,293,300 $616,900 $676,400
2018 $1,630 $1,058,900 $467,300 $591,600
2017 $0 $801,300 $364,500 $436,800
2016 -- $818,300 $381,500 $436,800
2015 -- $916,300 $409,000 $507,300
2014 -- $783,300 $409,000 $374,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joyce Montalbano

    Congdon & Coleman Real Estate

    (508) 325-1666

    10 in this area

    10 Total Sales

    Joyce Montalbano
    Section Image

  • L

    Seller's Agent in 2019

    LINK Foreclosure

    LINK Listing Information Network

    14 in this area

    14 Total Sales

    LINK Foreclosure
    Section Image
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Map

Source: LINK

MLS Number: 86500

APN: NANT-000-068-000-000-0002-35-000-000

Massachusetts Nantucket County Nantucket 02554

38 Youngs Way, Nantucket, MA

Not Listed for Sale

MultiFamily

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