N
Seller's Agent in 2020
Nantucket CompLINK
LINK Listing Information Network
400 in this area
402 Total Sales
5 Elbow Ln Nantucket, MA 02554
5
Beds
2
Baths
1,544
Sq Ft
5,140
Sq Ft Lot
Highlights
- Ocean View
- Patio
- Garden
About This Home
As of September 2020Circa 1800 - A True Historic home located in Sconset Village with unobstructed views of the Atlantic Ocean. This property is One of a Kind ! Convenient to the Village Square and easy access down the white shell path over the Sconset footbridge to the beach below. Adding to the charm of this property - One can experience the sights and sounds of Village living, stroll the quaint streets of Nantucket's eastern end of the island, relax on your lounge chair in the manicured back yard, and end your day admiring the magical sun setting over the ocean. Main House : "Svargaloka" - Sanskrit translated means "Land of Paradise" - as we often refer to our special island. This property has four bedrooms, first floor full bathroom, living room with fireplace, bright sunny dining area. Yard with mature hedges, breathtaking ocean views, patio and enclosed outside shower. Cottage: "Fred's Shed" as we lovingly refer to this cottage - has a separate bedroom with king bed, shower bathroom, galley kitchen, living/dining area with french doors that open to the ocean views. Excellent Rental History. By renting both the house and cottage, the income produced in the past two years grossed over $120,000.
Last Agent to Sell the Property
LINK Listing Information Network Listed on: 09/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,971
Year Built
- Built in 1800
Lot Details
- 5,140 Sq Ft Lot
- Garden
- Property is zoned SR1
Home Design
- Block Foundation
Interior Spaces
- 1,544 Sq Ft Home
- Ocean Views
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Patio
- Cable TV Available
Listing and Financial Details
- Tax Lot 53-25
- Assessor Parcel Number 43
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2020 09/29/20 | Sold | $1,666,625 | -- | $1,079 / Sq Ft |
Source: LINK
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 | $9,802 | $2,988,500 | $2,203,300 | $785,200 |
| 2024 | $8,835 | $2,822,600 | $2,061,200 | $761,400 |
| 2023 | $7,521 | $2,343,000 | $1,827,400 | $515,600 |
| 2022 | $6,312 | $1,687,800 | $1,240,800 | $447,000 |
| 2021 | $7,313 | $2,014,500 | $1,353,600 | $660,900 |
| 2020 | $7,157 | $2,074,600 | $1,353,600 | $721,000 |
| 2019 | $6,971 | $2,074,800 | $1,353,600 | $721,200 |
| 2018 | $8,498 | $2,083,000 | $1,522,800 | $560,200 |
| 2017 | $7,665 | $2,261,100 | $1,737,200 | $523,900 |
| 2016 | $9,481 | $2,821,700 | $2,320,500 | $501,200 |
| 2015 | $8,811 | $2,440,700 | $1,869,100 | $571,600 |
| 2014 | $9,098 | $2,419,600 | $1,869,100 | $550,500 |
Source: Public Records
Agents Affiliated with this Home
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Nantucket CompLINK
Map
Source: LINK
MLS Number: 87617
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