NOT LISTED FOR SALE

39 Monomoy Rd Nantucket, MA 02554

Estimated Value: $4,069,000 - $5,294,000

5 Beds
4.5 Baths
3,870 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $3,750,000 $969 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $26,952/month

29 Days on Market

Highlights

  • 0.68 Acre Lot
  • Deck
  • Patio
  • Pasture Views

About This Home

As of October 2023

Existing Condition: Located in highly sought-after Monomoy, this classic estate overlooks vast conservation land, is in close proximity to the beach and is brimming with curb appeal. With the benefit of access to town sewer, the large parcel offers significant expansion opportunities for a Buyer to create their own Nantucket dream compound with an allowable foot print of 2500+ SF. The sale includes HDC-approved plans drafted by Emeritus Architects for a six-bedroom, six full and two-half bath home with over 6000 sq ft of finished living space. HDC and Con Com have approved the Landscape Plan for ample outdoor entertaining areas with a swimming pool and spa. Amazing opportunity for a Buyer to develop the property to suit their specific needs and create value in a coveted Monomoy location.

Last Agent to Sell the Property

Chris Kling

J Pepper Frazier Co. Listed on: 08/30/2023

Last Buyer's Agent

Greg McKechnie

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,875

Year Built

  • Built in 1925

Lot Details

  • 0.68 Acre Lot
  • Property is zoned LUG1

Home Design

  • Block Foundation

Interior Spaces

  • 3,870 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number 79

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,875

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.68
  • Garage Yn: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 16289-A
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Existing Condition: Access to the unfinished lower level via a white spiral staircase. Bulkhead access to the exterior.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Yes
  • Fireplace: No
  • Flooring: Wood, Linoleum
  • Interior Amenities: OSh, Floor 1: Existing Condition: Upon entering the foyer, experience the character and charm of this historic home through the beautiful living area with white wainscoting, exposed brick fireplace and pine flooring. Through the open living room is a light-filled sitting area with access to the back deck via sliding glass doors. With the potential to expand the kitchen into the dining area, the open floor plan would make it perfect for entertaining with easy access to the back deck and lawn via sliding glass doors. With several spacious living areas on this level, there is ample opportunity for creating an open living concept. This level includes a first-floor bedroom with an ensuite bath. There is a laundry area on the first floor as well as an additional full bath and half bath., Floor 2: Existing Condition: A wooden staircase leads to the second level with light-filled windows with views of the front lawn and white picket fence. This level includes 4 bedrooms and 2 full baths. The spacious primary bedroom features an ensuite bath, cathedral ceilings and two decks on either side of the room, offering views of budding conservation and other impressive scenery. Down the hallway are two additional guest bedrooms with views of the abutting Conservation Land. Includes shared hall bath. At the end of the hallway is a stunning, light-filled sunroom with vaulted ceilings and 180-degree views of lush landscaping and Nantucket Harbor.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Ample
  • Pool Private: No
  • View: D/Hbr, Pasture
  • Exterior Features: Deck, Patio
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Lot Info

  • Lot Size Sq Ft: 29620
  • Parcel #: 79
  • Zoning: LUG1

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 12875
  • Tax Lot: F
  • Tax Map Number: 55
  • Tax Other Annual Assessment Amount: 2854500
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 25, 2023
Sold by
39 Monomoy Rd Llc
Bought by
39 Monomoy T and 39 Cohen
Seller's Agent
Chris Kling
J Pepper Frazier Co.
Buyer's Agent
Greg McKechnie
Great Point Properties
List Price
$4,490,000
Sold Price
$3,750,000
Premium/Discount to List
-$740,000
-16.48%
Views
78
Current Estimated Value
$4,810,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,060,870
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Dec 1, 2022
Sold by
39 Monomoy Road Llc
Bought by
41 Monomoy Road Llc

Purchase Details

Listed on
May 24, 2021
Closed on
Apr 28, 2022
Sold by
Archer Diane and Archer Ellen
Bought by
39 Monomoy Road Llc
Seller's Agent
Elizabeth Almodobar
BHHS Island Properties Nantucket
Buyer's Agent
Chris Kling
J Pepper Frazier Co.
List Price
$7,495,000
Sold Price
$6,750,000
Premium/Discount to List
-$745,000
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.43%
Original Mortgage
$2,325,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1993
Sold by
Williams Stephen G
Bought by
Archer Yvonne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
39 Monomoy T $3,750,000 None Available
39 Monomoy T $3,750,000 None Available
41 Monomoy Road Llc -- None Available
41 Monomoy Road Llc -- None Available
39 Monomoy Road Llc $3,100,000 None Available
39 Monomoy Road Llc $3,100,000 None Available
Archer Yvonne S $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 39 Monomoy Road Llc $2,325,000
Previous Owner Archer Yvonne S $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $3,750,000 -16.5% $969 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $4,490,000 -33.5% $1,160 / Sq Ft
05/02/2022 05/02/22 Sold $6,750,000 -9.9% $1,744 / Sq Ft View Prior Sale
04/02/2022 04/02/22 Pending -- -- --
03/25/2021 03/25/21 For Sale $7,495,000 -- $1,937 / 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 $16,140 $4,920,600 $3,096,200 $1,824,400
2024 $15,236 $4,867,800 $2,997,200 $1,870,600
2023 $13,981 $4,355,400 $2,854,500 $1,500,900
2022 $131 $3,501,300 $2,378,700 $1,122,600
2021 $12,443 $3,427,900 $2,312,900 $1,115,000
2020 $12,027 $3,486,100 $2,312,900 $1,173,200
2019 $11,581 $3,446,700 $2,273,500 $1,173,200
2018 $11,756 $3,330,300 $2,273,500 $1,056,800
2017 $11,191 $3,301,100 $2,273,500 $1,027,600
2016 $10,776 $3,207,200 $2,208,600 $998,600
2015 $10,838 $3,002,200 $2,090,900 $911,300
2014 $10,345 $2,751,300 $1,840,000 $911,300
Source: Public Records

Agents Affiliated with this Home

  • Chris Kling

    Seller's Agent in 2023

    Chris Kling

    J Pepper Frazier Co.

    (781) 254-2293

    47 in this area

    47 Total Sales

    Chris Kling
    Section Image

  • G

    Buyer's Agent in 2023

    Greg McKechnie

    Great Point Properties

    77 in this area

    77 Total Sales

    Greg McKechnie
    Section Image
  • Elizabeth Almodobar

    Seller's Agent in 2022

    Elizabeth Almodobar

    BHHS Island Properties Nantucket

    (508) 685-7703

    28 in this area

    28 Total Sales

    Elizabeth Almodobar
    Section Image
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Map

Source: LINK

MLS Number: 90496

APN: NANT-000-054-000-000-0000-79-000-000

Massachusetts Nantucket County Nantucket 02554

39 Monomoy Rd, Nantucket, MA

This home is located at 39 Monomoy Rd, Nantucket, MA 02554 since 30 August 2023 and is currently estimated at $4,810,870, approximately $1,243 per square foot. This property was built in 1925. 39 Monomoy Rd is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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