$1,370,000
SOLD APR 18, 2025

5 Bank St Nantucket, MA 02554

1 Bed
1 Bath
466 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$2,940 Per Sq Ft

19% Below List Price

195 Days on Market

Highlights

  • Ocean View
  • Patio
  • Garden

About This Home

As of April 2025

One of the five remaining Codfish Park “Fish Houses.” This single story cottage has undergone a complete renovation while maintaining its historic charm. New foundation, roof, insulation, electrical, plumbing, appliances, landscaping, bath and kitchen. There is generous pea stone patio, two off street parking spots and a stone's throw to the beach. Two minute walk via Front Street to Sconset Center.

Last Agent to Sell the Property

J Pepper Frazier II

J Pepper Frazier Co. Listed on: 09/27/2024

Last Buyer's Agent

Kara MacArthur

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot
  • Garden
  • Property is zoned SOH

Interior Spaces

  • 466 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,670

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.05
  • Garage Yn: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Piers
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: AC,Ins,OSh, Floor 1: Kitchen with dining and access to the pea stone yard. Queen bed with two closets. Living room and full bath.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Failed title V septic inspection. Seller will credit Buyer at closing., Yes
  • Pool Private: No
  • View: Ocean
  • Exterior Features: Garden, Patio
  • Foundation Details: Piers

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 2178
  • Parcel #: 8
  • Zoning: SOH

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3670
  • Tax Lot: .
  • Tax Map Number: 7324
  • Tax Other Annual Assessment Amount: 777937
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Hegarty William T
Bought by
William T Hegarty Lt and Hegarty
Total Days on Market
195
Current Estimated Value
$1,477,276

Purchase Details

Closed on
Feb 1, 2010
Sold by
Hegarty William T and Hegarty Marlene H
Bought by
Hegarty William T and Hegarty Marlene H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Land Court Massachusetts -- --
Land Court Massachusetts -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $1,370,000 -19.2% $2,940 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $1,695,000 +23.7% $3,637 / Sq Ft
12/17/2024 12/17/24 Off Market $1,370,000 -- --
10/14/2024 10/14/24 Price Changed $1,695,000 -5.6% $3,637 / Sq Ft
09/27/2024 09/27/24 For Sale $1,795,000 +71.1% $3,852 / Sq Ft
07/21/2023 07/21/23 Sold $1,049,000 0.0% $2,251 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $1,049,000 -- $2,251 / 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 $3,292 $1,003,737 $777,937 $225,800
2024 $3,116 $995,437 $777,937 $217,500
2023 $2,781 $866,285 $740,885 $125,400
2022 $2,776 $742,287 $617,387 $124,900
2021 $3,133 $863,000 $720,300 $142,700
2020 $3,286 $952,500 $823,200 $129,300
2019 $3,200 $952,500 $823,200 $129,300
2018 $2,604 $737,800 $617,400 $120,400
2017 $2,037 $601,000 $493,900 $107,100
2016 $1,960 $583,200 $493,900 $89,300
2015 $2,346 $649,900 $520,600 $129,300
2014 $2,972 $790,400 $661,100 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 91682

APN: NANT-007-324-000-000-0000-08-000-000