NOT LISTED FOR SALE

40 Pine St Nantucket, MA 02554

Estimated Value: $2,362,000 - $2,858,000

4 Beds
4.5 Baths
1,917 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $2,530,000 $1,320 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,102/month

96 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of November 2022

A rare opportunity to own a beautifully renovated piece of Nantucket history! Featured in Clay Lancaster's "Historical Architecture of Nantucket" as a unique one of a kind home, "Seahorse" was built in the 1700's in what was and still is known as the "Fish Lots." Located toward the end of Pine Street, this jewel box house is one of the only 1/2 Cape designs on the island making it "historically significant." Framed by a lovely manicured lawn and gardens, the home overflows with authentic Nantucket design. The current owners have taken painstaking care to renovate the home to her original glory, including replacing the exterior brick foundation with brick from an Irish Bank built in the same timeframe as Seahorse. There are countless examples of preserved features throughout the home, including the 6 over 6 windows in the basement, the original interior stairway and the exposed transom window. There are multiple exposed original beams and wide pine flooring throughout. In recent years, the current owners added central AC, hydronic forced air heat and radiant heat in basement and main level floors. In 2022, Seahorse is getting even further updates with the addition of 2 new bedrooms and 2 full bathrooms in the lower level, each with their own walk-out egress access. 2 additional bedrooms and 2.5 additional bathrooms upstairs provide fantastic living space in this well loved home. With off street parking and over 500 square feet of ground cover available, the home has opportunity for expansion or is ready now for a new family to move in and carry the story of this Nantucket treasure into the next generation.

Last Agent to Sell the Property

Shellie Dunlap

Lee Real Estate Listed on: 07/12/2022

Last Buyer's Agent

Patty Tasch

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1700

Lot Details

  • 3,484 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 1,917 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 117

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,287

Year Built

Built in 1700

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.08
  • Year Built: 1700
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 55-P
  • Appliances: Stove: Y, Washer: Y
  • Has Basement: Newly renovated spaces feature a large bedroom ensuite with tiled shower, fireplace, exposed beams, large windows and access to walk out exterior egress. Additional bonus room/bedroom with ensuite bathroom with tiled shower and walk out egress to back garden. Storage room with full size refrigerator and ample storage. Multiple closets, bins and storage areas throughout.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: AC,Ins,Irr,OSh,WdStove, Floor 1: Enter into the open concept living/dining/kitchen which boasts nice ceiling height, soapstone counters in the kitchen, original exposed beams, wide pine floors and a wood burning stove. Off the living room is a large ensuite bedroom with fireplace and bathroom with shower. Down the hall from the dining area is a small mud/laundry room leading to back porch, gardens and outdoor shower. To the left of the front door is an open stairway restored to its original design which leads to second floor. Also inside the front door is a door with interior stairs to the newly renovated lower level., Floor 2: A very large Primary Suite with tub and sink and private water closet. The large bright room features vaulted ceilings with exposed original beams and multiple built in closet and storage areas.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3484
  • Parcel #: 117
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 5287.1
  • Tax Lot: 0
  • Tax Map Number: 5541
  • Tax Other Annual Assessment Amount: 1010400
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Nov 16, 2022
Sold by
John Muyskens 3Rd Ret and Muyskens
Bought by
Whelden Elizabeth M
Seller's Agent
Shellie Dunlap
Lee Real Estate
Buyer's Agent
Patty Tasch
William Raveis Nantucket
List Price
$2,530,000
Sold Price
$2,530,000
Current Estimated Value
$2,655,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,347
Avg. Annual Appreciation
1.94%
Original Mortgage
$2,000,000
Outstanding Balance
$1,920,518
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$747,148

Purchase Details

Closed on
Mar 6, 2020
Sold by
John Muyskens 3Rd Ret and Muyskens
Bought by
Cara M Morgan Ret and Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2007
Sold by
Muyskens John and Morgan Cara M
Bought by
Muyskens Tr John and Morgan Cara M

Purchase Details

Closed on
Sep 27, 1999
Sold by
Dymling John E and Gloria Dymling W
Bought by
Morgan Cara M and Muyskens John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.1%
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
Whelden Elizabeth M $2,530,000 None Available
Whelden Elizabeth M $2,530,000 None Available
Whelden Elizabeth M $2,530,000 None Available
Cara M Morgan Ret -- None Available
Cara M Morgan Ret -- None Available
Cara M Morgan Ret -- None Available
Muyskens Tr John -- --
Muyskens Tr John -- --
Muyskens Tr John -- --
Morgan Cara M $420,000 --
Morgan Cara M $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whelden Elizabeth M $2,000,000
Closed Whelden Elizabeth M $2,000,000
Previous Owner Morgan Cara M $686,000
Previous Owner Morgan Cara M $690,000
Previous Owner Morgan Cara M $775,000
Previous Owner Morgan Cara M $30,000
Previous Owner Morgan Cara M $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $2,530,000 0.0% $1,320 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $2,530,000 -- $1,320 / 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 $7,609 $2,319,800 $1,273,200 $1,046,600
2024 $7,176 $2,292,700 $1,273,200 $1,019,500
2023 $5,487 $1,709,500 $1,212,500 $497,000
2022 $51 $1,375,400 $1,010,400 $365,000
2021 $4,847 $1,335,200 $930,700 $404,500
2020 $4,824 $1,398,300 $930,700 $467,600
2019 $4,698 $1,398,300 $930,700 $467,600
2018 $4,463 $1,272,100 $930,700 $341,400
2017 $4,259 $1,256,300 $930,700 $325,600
2016 $4,132 $1,229,700 $904,100 $325,600
2015 $3,609 $999,700 $610,700 $389,000
2014 $3,724 $990,300 $601,300 $389,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 89663

APN: NANT-005-541-000-000-0001-17-000-000