NOT LISTED FOR SALE

5 Academy Ln Nantucket, MA 02554

Estimated Value: $2,052,000 - $2,601,000

3 Beds
2 Baths
1,578 Sq Ft
$1,495/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $1,437,500 $911 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $12,857/month

123 Days on Market

Highlights

  • Porch
  • Patio
  • Garden

About This Home

As of February 2021

Charming two/three bedroom historic home (b. 1788) in a treasured location tucked in off Academy Lane next to the Congregational Church, yet moments from Centre Street and all that awaits in Town. With its quiet and unique siting and current layout, this wonderful antique treasure offers many possibilities: the perfect pied-a-terre in Town, offering ease of living and convenience as well as a wonderful rental property, if desired.

Last Agent to Sell the Property

Jenny Paradis & Roberta White

Maury People Sotheby's International Realty Listed on: 09/21/2020

Last Buyer's Agent

Juliet Hunter

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1788

Lot Details

  • 2,400 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 1,578 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1788

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.055
  • Garage Yn: No
  • Year Built: 1788
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: None
  • Appliances: Stove: Electric, Washer: Yes
  • Has Basement: Water cistern/cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Flooring: Hardwood
  • Interior Amenities: Floor 1: Formal gracious living room with fireplace with lovely tiled surround, library with numerous built-in bookshelves, original wide board floors, and a door to single-car driveway, dining room, and open good sized kitchen with charming storage nook with china closet and an original antique door leading to small laundry. Off kitchen is a fabulous screened in sun-porch with cathedral ceiling, and furnace room. Lovely back patio with gardens and peeks of the church steeple. First floor also has a small bedroom and a full bath with shower., Floor 2: Two good-sized bedrooms and a hall full bath (shower). There is also a large hall closet/storage space expanding into the dormer.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Patio
  • Pool Private: No
  • View: None
  • Exterior Features: Garden, Patio, Porch

Garage/Parking

  • Parking Features: 1 small spot

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2400
  • Parcel #: 111
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5000
  • Tax Lot: 1
  • Tax Map Number: 4243
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 22, 2021
Sold by
Larose Keith G and Larose Karen L
Bought by
Tashmoo Properties Llc
Seller's Agent
Jenny Paradis & Roberta White
Maury People Sotheby's International Realty
Buyer's Agent
Juliet Hunter
Maury People Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,437,500
Premium/Discount to List
-$212,500
-12.88%
Current Estimated Value
$2,358,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,317
Avg. Annual Appreciation
11.24%
Original Mortgage
$1,150,000
Outstanding Balance
$1,027,658
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,331,159

Purchase Details

Listed on
Sep 21, 2020
Closed on
Feb 18, 2021
Sold by
Smith Janet R Est
Bought by
Larose Keith G and Larose Karen L
Seller's Agent
Jenny Paradis & Roberta White
Maury People Sotheby's International Realty
Buyer's Agent
Juliet Hunter
Maury People Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,437,500
Premium/Discount to List
-$212,500
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$1,027,658
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,331,159
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tashmoo Properties Llc -- None Available
Tashmoo Properties Llc -- None Available
Tashmoo Properties Llc -- None Available
Larose Keith G $1,437,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larose Keith G $1,150,000
Closed Larose Keith G $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $1,437,500 -12.9% $911 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
09/09/2020 09/09/20 For Sale $1,650,000 -- $1,046 / 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 $5,835 $1,778,900 $1,117,200 $661,700
2023 $4,960 $1,545,300 $1,064,000 $481,300
2022 $5,025 $1,343,700 $886,700 $457,000
2021 $4,804 $1,323,400 $816,700 $506,700
2020 $4,840 $1,403,000 $816,700 $586,300
2019 $4,714 $1,403,000 $816,700 $586,300
2018 $4,391 $1,243,800 $816,700 $427,100
2017 $4,149 $1,223,900 $816,700 $407,200
2016 $3,990 $1,187,600 $793,300 $394,300
2015 $4,527 $1,254,000 $840,500 $413,500
2014 $4,336 $1,153,200 $739,700 $413,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jenny Paradis & Roberta White

    Maury People Sotheby's International Realty

    (508) 325-3131

    31 in this area

    31 Total Sales

    Jenny Paradis & Roberta White
    Section Image

  • J

    Buyer's Agent in 2021

    Juliet Hunter

    Maury People Sotheby's International Realty

    (508) 325-2580

    5 in this area

    5 Total Sales

    Juliet Hunter
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 87444

APN: NANT-004-243-000-000-0001-11-000-000

Massachusetts Nantucket County Nantucket 02554

5 Academy Ln, Nantucket, MA

This home is located at 5 Academy Ln, Nantucket, MA 02554 since 21 September 2020 and is currently estimated at $2,358,817, approximately $1,494 per square foot. This property was built in 1788. 5 Academy Ln 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.

Nearby Homes