NOT LISTED FOR SALE

49 Fair St Nantucket, MA 02554

Estimated Value: $5,091,000 - $6,283,252

5 Beds
5 Baths
4,488 Sq Ft
$1,304/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $2,885,000 $643 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $31,638/month

452 Days on Market

Highlights

  • Porch
  • Patio
  • Garden

About This Home

As of June 2020

Completely restored and renovated Quaker style antique, originally built in the early 18th century, is situated on one of the most revered streets in the heart of Nantucket Town. This gracious home was expanded in 2008 and boasts 5 plus bedrooms, a sunlit gourmet kitchen, finished attic space and fully finished lower level. An inviting private garden patio adorns the rear of the property. Ample off-street parking.

Last Agent to Sell the Property

Sheila Carroll

Maury People Sotheby's International Realty Listed on: 02/18/2019

Last Buyer's Agent

Sheila Carroll

Maury People Sotheby's International Realty Listed on: 02/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,755

Year Built

  • Built in 1811

Lot Details

  • 4,356 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 4,488 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,755

Year Built

Built in 1811

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1
  • Year Built: 1811
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: .
  • Appliances: Stove: Gas, Washer: Yes
  • Has Basement: Large fully finished lower level with ample storage, game room and hobby space and the original deep hearth fireplace.
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: 5
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: A,AC,Disp,Ins,Irr,OSh, Floor 1: From the front door, enter into the foyer. To the right, you will find the front sitting room with masterfully built and restored wood paneling and crown moldings, built-in bookshelves, fireplace and shuttered windows. To the left a bathroom. The Hallway leads into the warm and inviting dining room with a fireplace. Adjacent to the dining room is a family room with fireplace. A landing space bridging the original home to the newly added structure you will find a whimsical craft area, a back stairway to the second floor, a powder room and wall of paneled storage/ office space. The addition holds the heart of the home with an open floor plan featuring a spacious breakfast room with hand painted wide pine floors by local artist Audrey Sterk, a sitting room with a pantry and laundry room. The handsome fireplace, made from antique pine reclaimed from the house during the restoration, warms this space. Step down into a spacious and sunny gourmet kitchen with high-end appliances cleverly concealed behind cabinetry closely patterned after and built like antique furniture, ample counter space completes this dream space. A side door gives access outdoors to the driveway and lovely back patio garden., Floor 2: From the front door, you will feel the true essence of a historic Nantucket home. A beautifully restored stairway leads to the second floor. At the top of the stairs and to the left of the landing a short hallway leads toward the front of the house to the Captains bedroom with fireplace and raised paneled wood walls and many built-in features. A full bathroom with a soaking tub is located conveniently in the hallway. A short walk toward the rear of the house is a guest bedroom with a fireplace. A doorway leads to the second-floor landing and back staircase with custom linen closet. To the right, a door that leads to the third-floor office and finished storage space. The gorgeous addition has three additional guest bedrooms, and two full bathrooms and a second-floor laundry room., Floor 3: The third floor is home to a large, light-filled, office with custom built-in bookcase and finished storage space.

Exterior Features

  • Lot Features: Patio
  • Pool Private: No
  • View: None, Twn
  • Exterior Features: Garden, Patio, Porch
  • Foundation Details: Poured/Stone

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 101
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 11755
  • Tax Lot: .
  • Tax Map Number: 4232
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Jun 15, 2020
Sold by
Muhlhauser Craig H and Muhlhauser Ann B
Bought by
Schoen Ohagan and Schoen Patricia
Seller's Agent
Sheila Carroll
Maury People Sotheby's International Realty
Buyer's Agent
Sheila Carroll
Maury People Sotheby's International Realty
List Price
$3,495,000
Sold Price
$2,885,000
Premium/Discount to List
-$610,000
-17.45%
Current Estimated Value
$5,853,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,968,313
Avg. Annual Appreciation
13.42%

Purchase Details

Closed on
Dec 4, 2017
Sold by
Muhlhauser Ann B
Bought by
Muhlhauser Craig A and Muhlhauser Ann B

Purchase Details

Closed on
Nov 3, 1992
Sold by
Lynch John G and Lynch Sandra S
Bought by
Muhlhauser Ann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schoen Ohagan $2,885,000 None Available
Muhlhauser Craig A -- --
Muhlhauser Craig A -- --
Muhlhauser Craig A -- --
Muhlhauser Ann B $410,000 --
Muhlhauser Ann B $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muhlhauser Ann B $300,000
Previous Owner Muhlhauser Ann B $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $2,885,000 -17.5% $643 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
02/18/2019 02/18/19 For Sale $3,495,000 -- $779 / 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 $14,920 $4,548,700 $1,446,600 $3,102,100
2024 $13,981 $4,466,700 $1,446,600 $3,020,100
2023 $11,704 $3,646,000 $1,377,600 $2,268,400
2022 $114 $3,047,500 $1,148,000 $1,899,500
2021 $11,478 $3,161,900 $1,057,400 $2,104,500
2020 $12,040 $3,489,800 $1,057,400 $2,432,400
2019 $11,755 $3,498,600 $1,057,400 $2,441,200
2018 $10,035 $2,842,700 $1,057,400 $1,785,300
2017 $9,359 $2,760,700 $1,057,400 $1,703,300
2016 $9,048 $2,693,000 $1,027,100 $1,665,900
2015 $10,639 $2,947,200 $1,049,600 $1,897,600
2014 $10,608 $2,821,200 $923,600 $1,897,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 85438

APN: NANT-004-232-000-000-0001-01-000-000