NOT LISTED FOR SALE

42 Union St Nantucket, MA 02554

Estimated Value: $4,708,194 - $6,235,000

3 Beds
3.5 Baths
1,879 Sq Ft
$2,718/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $3,725,000 $1,982 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $27,838/month

53 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Antique Architecture
  • No HOA
  • Tankless Water Heater

About This Home

As of August 2023

Ideally located near Nantucket's active harbor, the town pier and just moments from Main Street, this home strikes a perfect balance of casual elegance with a unique blend of modern and traditional design elements. While the home lives as three bedrooms, it could easily function as four as the den/library could be converted into an additional first-floor bedroom. This property offers it all with two primary suites, off-street parking, a private porch & patio, and a solid rental income history First Floor
The entryway immediately reveals the thoughtful detailing of this home including varied width ship lap paneling, custom built-ins, gorgeous hardware and beautiful architectural lines throughout. A den off the front hallway features gradient ship lap, custom built-ins and integrated speakers. The open format kitchen, living and dining room area includes board and batten wainscoting and aged French oak oiled hardwood floors. This space is ideal for entertaining but also perfect for quiet moments at home. The kitchen boasts a large central island of thick, white washed oak, caesarstone perimeter counter tops and custom cabinetry with aged brass hardware. The dining nook is open yet cozy and is surrounded by windows allowing for beautiful ambient light. The gracious living room features spotlight art lighting, a built-in TV and gas fireplace. The powder room, concealed by a hidden door, has decorator wall coverings and a Watermark, aged brass wall mount faucet. The first floor features a gracious primary suite with exposed beams, designer wall coverings and an ensuite bathroom with floating driftwood vanity and motion lighting below.

Second Floor
The stairs to the second floor lead to a spacious landing area with laundry facilities and full hall bath. An adjacent guest bedroom enjoys nice sunlight, cheery decor and a large closet. A private secondary suite features exposed beams, floor-to-ceiling built ins and a gorgeous tiled bathroom with an engineered chevron-patterned wood floor.

Basement
Crawl space with storage area.

Last Agent to Sell the Property

Jennifer Shalley Allen

Fisher Real Estate License #9520084 Listed on: 05/31/2023

Last Buyer's Agent

Member Non

cci.unknownoffice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 1800 | Remodeled

Lot Details

  • 2,994 Sq Ft Lot
  • Sprinkler System
  • Property is zoned ROH

Home Design

  • Antique Architecture
  • Block Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,879 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 423228

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,410

Year Built

Built in 1800 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Other
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Take Union St out of town.
  • Architectural Style: Antique
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Tankless Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Underground Sprinkler
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Updated/Remodeled, Actual
  • Roof: Shingle

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nantucket

Lot Info

  • Zoning: ROH
  • Land Lease: No
  • Lot Size Sq Ft: 2994
  • Parcel #: 423228
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1800

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8410
  • Tax Book Number: 1745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
Itsourbusiness Llc
Bought by
Kremer Paula L
Current Estimated Value
$5,106,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$877,501
Interest Rate
4.7%
Mortgage Type
Unknown
Estimated Equity
$4,229,048

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 22, 2017
Sold by
Union Street Partners
Bought by
42B Union Street Llc
Seller's Agent
Jennifer Shalley Allen
Fisher Real Estate
Buyer's Agent
Patty Tasch
William Raveis - Nantucket
List Price
$2,650,000
Sold Price
$2,550,000
Premium/Discount to List
-$100,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
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
Kremer Paula L $2,830,000 --
42B Union Street Llc $2,550,000 --
42B Union Street Llc $2,550,000 --
42B Union Street Llc $2,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kremer Paula L $1,000,000
Closed Kremer Paula L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $3,725,000 -6.8% $1,982 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $3,995,000 +66.5% $2,126 / Sq Ft
06/02/2020 06/02/20 Sold $2,400,000 -7.2% $802 / Sq Ft View Prior Sale
04/10/2020 04/10/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $2,585,000 +1.4% $863 / Sq Ft
06/27/2017 06/27/17 Sold $2,550,000 -3.8% $852 / Sq Ft View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $2,650,000 -- $885 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $13,000 $3,963,300 $1,185,400 $2,777,900
2024 $12,281 $3,923,700 $1,185,400 $2,738,300
2023 $10,187 $3,173,500 $1,128,900 $2,044,600
2022 $9,278 $2,480,700 $940,800 $1,539,900
2021 $8,735 $2,406,400 $866,500 $1,539,900
2020 $8,581 $2,487,300 $866,500 $1,620,800
2019 $8,412 $2,503,600 $866,500 $1,637,100
2018 $8,261 $2,340,300 $866,500 $1,473,800
2017 $3,576 $1,054,800 $564,500 $490,300
2016 $1,695 $504,400 $495,100 $9,300
2015 $1,643 $455,100 $441,900 $13,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22302170

Cape Cod & Islands Association of REALTORS®

APN: NANT-004-232-000-000-0000-28-000-003