M
Seller's Agent in 2022
Michele Kelsey
William Raveis Nantucket
(508) 246-9290
28 in this area
28 Total Sales
5 Joy St Nantucket, MA 02554
Estimated Value: $6,516,000 - $7,363,203
5
Beds
7
Baths
3,840
Sq Ft
$1,811/Sq Ft
Est. Value
Highlights
- Deck
- Porch
- Patio
About This Home
As of December 2022Meticulously maintained five-bedroom, five full bath, two half bath home, built by Alan LaFrance and decorated by the Looms. Situated on an expansive 1/4-acre lot and located just a short distance to the heart of downtown. Three floors of finished living space and a gorgeous private back yard with a saltwater pool, cabana and blue stone patio make this a perfect oasis.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,777
Year Built
- Built in 2016
Lot Details
- 0.25 Acre Lot
- Property is zoned ROH
Interior Spaces
- 3,840 Sq Ft Home
- Partially Furnished
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Cable TV Available
Listing and Financial Details
- Tax Lot B
- Assessor Parcel Number 68/1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2022
Closed on
Dec 20, 2022
Sold by
5 Joy Street Llc
Bought by
Overjoyed Llc
Seller's Agent
Michele Kelsey
William Raveis Nantucket
Buyer's Agent
Suzi Spring
Congdon & Coleman Real Estate
List Price
$7,250,000
Sold Price
$7,100,000
Premium/Discount to List
-$150,000
-2.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,949
Avg. Annual Appreciation
-0.67%
Original Mortgage
$4,260,000
Outstanding Balance
$4,030,216
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,923,835
Purchase Details
Listed on
Jun 29, 2016
Closed on
Jan 6, 2017
Sold by
Claris Properties Llc
Bought by
5 Joy Street Llc
Seller's Agent
Kathy Gallaher
Maury People Sotheby's International Realty
Buyer's Agent
Michele Kelsey
William Raveis Nantucket
List Price
$3,995,000
Sold Price
$3,800,000
Premium/Discount to List
-$195,000
-4.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$2,800,000
Interest Rate
3.13%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Overjoyed Llc | $7,100,000 | None Available | |
| Overjoyed Llc | $7,100,000 | None Available | |
| Overjoyed Llc | $7,100,000 | None Available | |
| 5 Joy Street Llc | $3,800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Overjoyed Llc | $4,260,000 | |
| Closed | Overjoyed Llc | $4,260,000 | |
| Previous Owner | 5 Joy Street Llc | $2,800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2022 12/20/22 | Sold | $7,100,000 | -2.1% | $1,849 / Sq Ft | |
| 11/20/2022 11/20/22 | Pending | -- | -- | -- | |
| 08/19/2022 08/19/22 | For Sale | $7,250,000 | +90.8% | $1,888 / Sq Ft | |
| 01/06/2017 01/06/17 | Sold | $3,800,000 | -4.9% | $894 / Sq Ft | View Prior Sale |
| 12/07/2016 12/07/16 | Pending | -- | -- | -- | |
| 05/05/2016 05/05/16 | For Sale | $3,995,000 | -- | $940 / Sq Ft |
Source: LINK
Tax History Compared to Growth
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 | $21,969 | $6,698,000 | $1,066,700 | $5,631,300 |
| 2024 | $19,538 | $6,242,300 | $1,025,600 | $5,216,700 |
| 2023 | $12,819 | $3,993,500 | $899,300 | $3,094,200 |
| 2022 | $124 | $3,319,800 | $686,700 | $2,633,100 |
| 2021 | $11,932 | $3,287,100 | $654,000 | $2,633,100 |
| 2020 | $11,651 | $3,377,200 | $654,000 | $2,723,200 |
| 2019 | $11,437 | $3,403,800 | $647,000 | $2,756,800 |
| 2018 | $8,318 | $2,356,400 | $647,000 | $1,709,400 |
| 2017 | $7,834 | $2,311,000 | $647,000 | $1,664,000 |
| 2016 | $2,174 | $647,000 | $647,000 | $0 |
| 2015 | $2,018 | $559,000 | $559,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Kelsey
-
Suzi Spring
S
Buyer's Agent in 2022
Suzi Spring
Congdon & Coleman Real Estate
(508) 228-8217
12 in this area
12 Total Sales
-
Kathy Gallaher
K
Seller's Agent in 2017
Kathy Gallaher
Maury People Sotheby's International Realty
(508) 560-0078
48 in this area
48 Total Sales
Map
Source: LINK
MLS Number: 89775
APN: NANT-005-544-000-000-0000-68-000-001
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