NOT LISTED FOR SALE

4 Drew Ln Nantucket, MA 02554

Estimated Value: $5,658,144 - $7,526,000

5 Beds
6 Baths
4,743 Sq Ft
$1,362/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $2,900,000 $611 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $35,056/month

174 Days on Market

Highlights

  • Spa
  • Pasture Views
  • Porch
  • 1 Acre Lot
  • Deck
  • Patio

About This Home

As of October 2015

Very private estate setting close to town and abutting hundreds of acres of conservation land. 5 bedroom, 6 bath home with beautifully landscaped grounds including gardens, stone walls, koi pond, multiple patios, decks and outdoor entertaining areas. Fabulous chef's kitchen opens to one of the large decks with conservation views. Dramatic "light story" rises 26' above the central hall. Master suite with private deck overlooking the pool, hot tub and bocce court. Living room with stone fireplace opens to the east patio, Family room with fireplace. 2 lower level ensuite guest rooms have their own private patio space.

Last Agent to Sell the Property

Robert Young

William Raveis Nantucket Listed on: 04/06/2015

Last Buyer's Agent

Josh Lothian

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,469

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Garden
  • Property is zoned LUG3

Home Design

  • Block Foundation

Interior Spaces

  • 4,743 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 231

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,469

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 1
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 1.2
  • Appliances: Stove: Viking, Washer: Whirlpool
  • Has Basement: Basement/Garage
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: Wood/Tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Living room with stone fireplace and wet bar opens out to field stone patio. Family room with fireplace and built-ins. 2 Powder rooms. 2 bedroom guest area, with ensuite baths and private patio. Modern granite kitchen with high end appliances and separate prep area. Office opens to west deck and pool area. Foyer, dining room, laundry., Floor 2: Large master suite with cathedral ceiling opening to an oversized 2nd floor deck which overlooks the pool, hot tub, bocce court and patio. Walk-in master closet. Master bath with big sky views of conservation land. Two bedrooms share a hall bath.

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck, Patio, P/Pool, H/Tub, Garden, Porch
  • Foundation Details: Block
  • Other Structures: Pool equipment and storage shed

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: 231
  • Zoning: LUG3

Tax Info

  • Tax Annual Amount: 11469
  • Tax Lot: 12
  • Tax Map Number: 44
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Oct 28, 2015
Sold by
Nieroth Alexis and Nieroth Pamela J
Bought by
Trogni Michael J and Trogni Michele L
Seller's Agent
Robert Young
William Raveis Nantucket
Buyer's Agent
Josh Lothian
William Raveis Nantucket
List Price
$3,495,000
Sold Price
$2,900,000
Premium/Discount to List
-$595,000
-17.02%
Current Estimated Value
$6,461,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,561,536
Avg. Annual Appreciation
8.13%
Original Mortgage
$2,000,000
Outstanding Balance
$1,529,624
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,931,912

Purchase Details

Closed on
Sep 16, 2005
Sold by
Aaron Grp Inc
Bought by
Nieroth Alexis and Nieroth Pamela J
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
Trogni Michael J $2,900,000 --
Nieroth Alexis $3,200,000 --
Nieroth Alexis $3,200,000 --
Nieroth Alexis $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trogni Michael J $2,000,000
Closed Trogni Michael J $2,000,000
Previous Owner Nieroth Alexis $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $2,900,000 -17.0% $611 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $3,495,000 -- $737 / 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 $18,024 $5,495,100 $1,489,100 $4,006,000
2024 $16,683 $5,330,000 $1,618,600 $3,711,400
2023 $13,820 $4,305,400 $1,418,700 $2,886,700
2022 $12,511 $3,345,300 $926,400 $2,418,900
2021 $12,517 $3,448,200 $1,029,300 $2,418,900
2020 $12,186 $3,532,300 $1,029,300 $2,503,000
2019 $11,855 $3,528,300 $1,025,300 $2,503,000
2018 $12,395 $3,511,200 $1,168,900 $2,342,300
2017 $11,903 $3,511,200 $1,168,900 $2,342,300
2016 $10,738 $3,195,900 $1,127,800 $2,068,100
2015 $11,469 $3,177,000 $1,069,000 $2,108,000
2014 $10,562 $2,809,100 $1,052,600 $1,756,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 80280

APN: NANT-000-044-000-000-0000-23-000-001