5 Parson Ln Nantucket, MA 02554
Estimated Value: $3,516,000 - $7,854,251
4
Beds
3
Baths
2,688
Sq Ft
$2,115/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Porch
- Spa
- Tennis Courts
- Garden
About This Home
As of January 2015A long winding driveway leads up to a private home set on 3 acres of property. This is on one of the highest points of land in Tom Nevers and abuts conservation land with panoramic views of the ocean and Tom Nevers Pond. The grounds are manicured with a spectacular English garden and lawn areas. The house has first and second floor decks and porches that are perfect for outdoor dining, relaxing and entertaining. There is a hot tub that accommodates 6 people and is set off the Master Bedroom wing. The great room and kitchen lead out to a large second floor deck which is a perfect location for enjoying the views. The home offers two fireplaces, a high end kitchen, a wet bar, two master suites and much more. There is ample room for another dwelling, garage and pool on the property. The neighborhood association also offers community tennis courts that are located down the road.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,672
Year Built
- Built in 1985
Lot Details
- 3.32 Acre Lot
- Garden
- Property is zoned LUG3
Interior Spaces
- 2,688 Sq Ft Home
- Ocean Views
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Spa
- Deck
- Porch
Utilities
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 560
- Assessor Parcel Number 111
Community Details
Overview
- Association fees include road maintenance and tennis
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2014
Closed on
Jan 6, 2015
Sold by
Gries Jamie B
Bought by
Ice Bear Llc
Seller's Agent
Dawn Hill Holdgate
Great Point Properties
Buyer's Agent
Laura Belair
Great Point Properties
List Price
$2,295,000
Sold Price
$2,125,000
Premium/Discount to List
-$170,000
-7.41%
Total Days on Market
299
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
$3,560,126
Avg. Annual Appreciation
10.23%
Purchase Details
Closed on
Sep 12, 2001
Sold by
Cashen John J
Bought by
Gries Steven Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 24, 1988
Sold by
Bellevue Susan
Bought by
Cashen John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
10.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 24, 1988
Sold by
Thome Robert E
Bought by
Belevue Susan
Similar Homes in Nantucket, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ice Bear Llc | $2,125,000 | -- | |
| Gries Steven Michael | $829,000 | -- | |
| Cashen John J | $235,000 | -- | |
| Belevue Susan | $155,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ice Bear Llc | $2,818,000 | |
| Closed | Ice Bear Llc | $3,000,000 | |
| Previous Owner | Gries Jamie Beth | $500,000 | |
| Previous Owner | Gries Jamie Beth | $700,000 | |
| Previous Owner | Gries Steven Michael | $550,000 | |
| Previous Owner | Cashen John J | $156,800 | |
| Previous Owner | Cashen John J | $160,000 | |
| Previous Owner | Belevue Susan | $188,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2015 01/06/15 | Sold | $2,125,000 | -7.4% | $791 / Sq Ft |
| 12/07/2014 12/07/14 | Pending | -- | -- | -- |
| 02/02/2014 02/02/14 | For Sale | $2,295,000 | -- | $854 / 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 | $23,139 | $7,054,700 | $1,593,800 | $5,460,900 |
| 2024 | $20,856 | $6,663,100 | $1,593,800 | $5,069,300 |
| 2023 | $17,648 | $5,497,700 | $1,520,600 | $3,977,100 |
| 2022 | $17,532 | $4,687,800 | $1,338,500 | $3,349,300 |
| 2021 | $17,017 | $4,687,800 | $1,338,500 | $3,349,300 |
| 2020 | $15,687 | $4,547,100 | $1,083,600 | $3,463,500 |
| 2019 | $15,328 | $4,561,800 | $1,064,200 | $3,497,600 |
| 2018 | $11,356 | $3,216,900 | $1,064,200 | $2,152,700 |
| 2017 | $3,448 | $1,017,200 | $1,017,200 | $0 |
| 2016 | $5,665 | $1,686,100 | $860,800 | $825,300 |
| 2015 | $5,298 | $1,467,500 | $793,500 | $674,000 |
| 2014 | $5,518 | $1,467,500 | $793,500 | $674,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dawn Hill Holdgate
D
Seller's Agent in 2015
Dawn Hill Holdgate
Great Point Properties
(508) 364-7342
37 Total Sales
-
Laura Belair
L
Buyer's Agent in 2015
Laura Belair
Great Point Properties
(508) 221-4455
33 Total Sales
Map
Source: LINK
MLS Number: 78689
APN: NANT-000-075-000-000-0001-11-000-000
Nearby Homes
- 5 Parson Ln
- 7 Parson Ln
- 3 Parson Ln
- 66 Tom Nevers Rd
- 6 Parson Ln
- 4 Parson Ln
- 41 Chuck Hollow Rd
- 39 Chuck Hollow Rd
- 5 Flintlock Rd
- 8 Parson Ln
- 2 Old Tom Nevers Rd
- 68 Tom Nevers Rd
- 42 Chuck Hollow Rd
- 37 Chuck Hollow Rd
- 1 Parson Ln
- 9 Parson Ln
- 2 Flintlock Rd
- 9 Flintlock Rd
- 44 Chuck Hollow Rd
- 35 Chuck Hollow Rd