NOT LISTED FOR SALE

5 Magnolia Ave Nantucket, MA 02554

Estimated Value: $3,893,000 - $4,452,501

5 Beds
2.5 Baths
2,122 Sq Ft
$1,968/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $3,495,000 $1,647 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $23,623/month

58 Days on Market

Highlights

  • Deck
  • Patio
  • Garden
  • Porch

About This Home

As of October 2021

5 Magnolia Street is a charming blend of old and new.
Dating back to 1885, the original house is a village jewel with a classic covered front porch and characteristic cottage-style features. The water horizon of the Atlantic at the end of the road is a welcome greeting as you come onto Magnolia. Stairs to the beach are right across Ocean Avenue and the bridge to the village is just down the way.

Last Agent to Sell the Property

Carolyn Durand

Lee Real Estate Listed on: 06/30/2021

Last Buyer's Agent

Marybeth Gibson

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 1885

Lot Details

  • 5,823 Sq Ft Lot
  • Garden
  • Property is zoned SOH

Home Design

  • 2,122 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 82

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,918

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1336
  • Garage Yn: No
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 54-7
  • Appliances: Stove: Viking gas range, Washer: Bosch
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: wood
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: The covered porch opens to the front living room with a view through the house. The classic sleeping porch on the West side doubles as a sunroom office. The central living space has french doors to the deck and patio where morning light rises from the East. There is dining alcove on the West with windows and french door to back patio. The open kitchen has a central island with cathedral ceiling. The 2004 addition features a master suite with a generous bath and door to the rear deck and patio. There is a laundry/utility room off the hall from the kitchen., Floor 2: Four bedrooms on the second floor share a full bath with antique tub and separate shower.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Lawn, patio and terrace
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: partial crawl space

Garage/Parking

  • Parking Features: Belgium block apron

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5823
  • Parcel #: 82
  • Zoning: SOH

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 6918
  • Tax Lot: 0
  • Tax Map Number: 73.31
  • Tax Other Annual Assessment Amount: 770400
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 20, 2021
Sold by
Oates Nantucket Nt
Bought by
Juliet Kilo Ack Hldg Llc
Seller's Agent
Carolyn Durand
Lee Real Estate
Buyer's Agent
Marybeth Gibson
Maury People Sotheby's International Realty
List Price
$3,600,000
Sold Price
$3,495,000
Premium/Discount to List
-$105,000
-2.92%
Current Estimated Value
$4,131,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,470
Avg. Annual Appreciation
4.77%
Original Mortgage
$1,747,500
Outstanding Balance
$1,610,661
Interest Rate
2.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,565,214

Purchase Details

Closed on
Sep 21, 2007
Sold by
Donahue-Mannix Julie M
Bought by
Oates Tr Michael F and Oates Karen F

Purchase Details

Closed on
Sep 30, 2003
Sold by
Evans Frank S and Evans Janis S
Bought by
Mannix Julie Donahue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1999
Sold by
Johnson David H and Halbower Kathryn S
Bought by
Evans Frank S and Evans Janis S

Purchase Details

Closed on
Dec 2, 1998
Sold by
Kinsley Linda C
Bought by
Johnson David H and Halbower Kathryn S

Purchase Details

Closed on
Sep 2, 1988
Sold by
Arness Allan S
Bought by
Kinsley Kenneth N
Source: Public Records

Range of Values:

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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
Juliet Kilo Ack Hldg Llc $3,495,000 None Available
Oates Tr Michael F $2,831,500 --
Oates Tr Michael F $2,831,500 --
Oates Tr Michael F $2,831,500 --
Mannix Julie Donahue $1,500,000 --
Mannix Julie Donahue $1,500,000 --
Evans Frank S $755,000 --
Evans Frank S $755,000 --
Johnson David H $682,500 --
Johnson David H $682,500 --
Kinsley Kenneth N $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juliet Kilo Ack Hldg Llc $1,747,500
Closed Juliet Kilo Ack Hldg Llc $1,747,500
Previous Owner Donahue-Mannix Julie $1,145,000
Previous Owner Kinsley Kenneth N $975,000
Previous Owner Kinsley Kenneth N $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $3,495,000 -2.9% $1,647 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $3,600,000 -- $1,697 / 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 $13,348 $4,069,500 $1,253,200 $2,816,300
2024 $12,249 $3,913,500 $1,172,300 $2,741,200
2023 $9,929 $3,093,000 $1,039,500 $2,053,500
2022 $6,509 $1,740,400 $706,200 $1,034,200
2021 $6,922 $1,906,900 $770,400 $1,136,500
2020 $7,196 $2,085,900 $770,400 $1,315,500
2019 $7,005 $2,084,700 $769,200 $1,315,500
2018 $6,287 $1,822,900 $865,400 $957,500
2017 $6,441 $1,899,900 $987,100 $912,800
2016 $6,445 $1,918,200 $1,025,600 $892,600
2015 $6,698 $1,855,300 $884,800 $970,500
2014 $6,311 $1,678,400 $707,900 $970,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carolyn Durand

    Lee Real Estate

    (508) 228-2315

    43 in this area

    43 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Marybeth Gibson

    Maury People Sotheby's International Realty

    (508) 325-2897

    57 in this area

    57 Total Sales

    Section Image
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Map

Source: LINK

MLS Number: 88518

APN: NANT-007-331-000-000-0000-82-000-000

Massachusetts Nantucket County Nantucket 02554

5 Magnolia Ave, Nantucket, MA

This home is located at 5 Magnolia Ave, Nantucket, MA 02554 since 30 June 2021 and is currently estimated at $4,175,875, approximately $1,967 per square foot. This property was built in 1885. 5 Magnolia Ave 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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