NOT LISTED FOR SALE

5 Cabot Ln Nantucket, MA 02554

Estimated Value: $2,530,000 - $3,904,000

5 Beds
4 Baths
2,342 Sq Ft
$1,441/Sq Ft Est. Value

Last Sold May 08, 2014

Last sale price $1,500,000 $640 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $19,285/month

261 Days on Market

Highlights

  • Deck
  • Patio
  • Garden
  • Porch

About This Home

As of May 2014

Location, Location, Location!! Grade A- Off Cliff Rd, on the corner of Cabot Ln and Grant Ave, and a quarter mile to Lincoln Circle and Steps Beach. This "diamond in the rough" awaits a thoughtful renovation- bring your local architect and builder.  What an opportunity to be in this wonderful neighborhood!

Last Agent to Sell the Property

Robert Sarkisian

Berkshire Hathaway HomeServices Island Properties Nantucket Listed on: 08/10/2013

Berkshire Hathaway HomeServices Island Properties Nantucket

Last Buyer's Agent

Robert Sarkisian

Berkshire Hathaway HomeServices Island Properties Nantucket Listed on: 08/10/2013

Berkshire Hathaway HomeServices Island Properties Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 1890

Lot Details

  • 4,967 Sq Ft Lot
  • Garden
  • Property is zoned R1

Home Design

  • 2,342 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,869

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Garage Yn: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 1
  • Appliances: Stove: yes, gas, Washer: yes
  • Has Basement: none
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: wood
  • Interior Amenities: Ins,OSh, Floor 1: Dining Room, Kitchen, Living Room, Front screened in Porch, Covered Side Porch. Bath off of the Kitchen. Outdoor shower off the side door to back apartment., Floor 2: 4 large bedrooms and one generous bath.

Exterior Features

  • Lot Features: walking path easement with incredible views of sound., yes
  • Pool Private: No
  • View: D/Hbr, Res
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: piers

Garage/Parking

  • Parking Features: yes

Utilities

  • Heating: None
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 4967
  • Parcel #: 44
  • Zoning: R1

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 7869
  • Tax Lot: 1
  • Tax Map Number: 29
  • Tax Other Annual Assessment Amount: 1657500
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2013
Closed on
May 8, 2014
Sold by
Singer Norman P
Bought by
5 Cabot Lane Nt
Seller's Agent
Robert Sarkisian
Berkshire Hathaway HomeServices Island Properties Nantucket
Buyer's Agent
Robert Sarkisian
Berkshire Hathaway HomeServices Island Properties Nantucket
List Price
$2,495,000
Sold Price
$1,500,000
Premium/Discount to List
-$995,000
-39.88%
Current Estimated Value
$3,375,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,875,909
Avg. Annual Appreciation
7.39%
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
5 Cabot Lane Nt $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singer Norman P $240,000
Previous Owner Singer Norman P $153,400
Previous Owner Singer Norma P $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2014 05/08/14 Sold $1,500,000 -39.9% $640 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
08/10/2013 08/10/13 For Sale $2,495,000 -- $1,065 / 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 $10,678 $3,255,480 $2,544,780 $710,700
2023 $8,474 $2,640,000 $2,308,000 $332,000
2022 $7,859 $2,101,300 $1,851,900 $249,400
2021 $6,947 $1,913,700 $1,683,500 $230,200
2020 $6,614 $1,917,100 $1,683,500 $233,600
2019 $6,043 $1,798,600 $1,561,600 $237,000
2018 $6,577 $1,863,300 $1,614,500 $248,800
2017 $6,328 $1,866,800 $1,614,500 $252,300
2016 $5,797 $1,725,400 $1,633,700 $91,700
2015 $5,591 $1,548,800 $1,450,800 $98,000
2014 $7,704 $2,048,900 $1,657,500 $391,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Sarkisian

    Berkshire Hathaway HomeServices Island Properties Nantucket

    (508) 292-0665

    33 in this area

    33 Total Sales

    Robert Sarkisian
    Section Image
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Map

Source: LINK

MLS Number: 78165

APN: NANT-000-029-000-000-0000-44-000-000

Massachusetts Nantucket County Nantucket 02554

5 Cabot Ln, Nantucket, MA

This home is located at 5 Cabot Ln, Nantucket, MA 02554 since 10 August 2013 and is currently estimated at $3,375,909, approximately $1,441 per square foot. This property was built in 1890. 5 Cabot 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.

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