NOT LISTED FOR SALE

5 Pilgrim Rd Nantucket, MA 02554

Estimated Value: $7,108,000 - $9,212,000

5 Beds
5.5 Baths
4,875 Sq Ft
$1,670/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $6,100,000 $1,251 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $44,847/month

121 Days on Market

Highlights

  • Pasture Views
  • Porch
  • Patio
  • Furnished

About This Home

As of August 2019

This stunning new construction in the highly desirable Cliff area boasts five en-suite bedrooms within three floors of sun-filled living, a beautiful yard - complete with pool, second structure, a kid-friendly basement and a garage for all the toys of summer. Conveniently located steps from Town, The Westmoor Club and Galley Beach, 4 Pilgrim Court is fully-furnished and ready to call home for Summer of 2019. Created by Tomaiolo Development and Sophie Metz Design, the home embraces indoor/outdoor living with a sophisticated coastal palette that lends itself to entertaining and family enjoyment alike.

Last Agent to Sell the Property

Erin Wilson

Fisher Real Estate Listed on: 04/15/2019

Last Buyer's Agent

Greg McKechnie

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,160

Year Built

  • Built in 2019

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R1

Interior Spaces

  • 4,875 Sq Ft Home
  • Furnished
  • Pasture Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 2172

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,160

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2783
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Possible Use: 14393-F
  • Appliances: Stove: Wolf, Washer: Two Electrolux Washers
  • Has Basement: The light-filled lower level has a large living space with sitting area and TV, as well as a separate game space with integrated seating and access to a large owner's closet. This level offers the buyer room for growth whether it be the addition of a sixth bedroom, bunkroom or gym and a sixth bathroom off of the existing finished space.
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: A,AC,Disp,Ins,Irr,OSh, Floor 1: Enter through the front door into the spacious foyer that leads to the open-concept living and dining area. Anchored with a contemporary fireplace, the living room connects seamlessly to the vaulted kitchen, with all rooms sharing inviting views to the outdoor patio and pool area beyond. The gourmet kitchen is a chef's delight with a 6-burner Wolf range, 42" Sub-Zero fridge, two Bosch dishwashers, a walk-in pantry and an adjoining bar area with under-counter wine fridge. Relaxation awaits in the first-floor master suite, located down a private hall with cathedral ceilings, a generous walk-in closet and spa-like master bathroom with two vanities, a soaking tub, separate shower, and heated floors. An office and powder room sit off the entry hall, and a convenient mudroom and laundry area with two sets of washers & dryers complete the first floor., Floor 2: The entry foyer stairs lead to a second master suite and two additional en-suite guest rooms. A back set of stairs off the mudroom lead to a separate bedroom and bathroom suite above the garage - perfectly positioned as an in-law or nanny suite remotely located from the other sleeping areas of the home.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Utility easement, see cert. 26664, Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Patio, Porch, P/Pool
  • Foundation Details: Poured
  • Other Structures: A fully enclosed 475 square foot second structure courtyards the back yard and pool area. The exterior of the structure is complete, with the interior awaiting customization. The space could serve as a bar and lounge entertainment area, a game space for kids, or a fully separate living experience for guests - complete with its own bathroom and additional outdoor shower.

Garage/Parking

  • Parking Features: Off-street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 12125
  • Parcel #: 2172
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 22160
  • Tax Lot: 25
  • Tax Map Number: 41
  • Tax Year: -1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Feb 3, 2014
Sold by
Jelleme Carl M
Bought by
Mercadante Eugenia D and Mercadante Gerald
Seller's Agent
Greg McKechnie
Great Point Properties
Buyer's Agent
Cameron Gammill
Fisher Real Estate
List Price
$2,985,000
Sold Price
$2,750,000
Premium/Discount to List
-$235,000
-7.87%
Current Estimated Value
$8,140,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,390,005
Avg. Annual Appreciation
17.34%
Original Mortgage
$1,999,999
Outstanding Balance
$1,430,397
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,709,608

Purchase Details

Listed on
Jul 7, 2012
Closed on
Dec 31, 2012
Sold by
Warren E Wills Ft and Wills
Bought by
Family Home Rescue Llc
Seller's Agent
Michael Angelastro
Jordan Real Estate
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.92%

Purchase Details

Closed on
Dec 11, 2009
Sold by
Wills Warren E
Bought by
Warren E Wills Ft and Wills
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercadante Eugenia D $2,750,000 --
Family Home Rescue Llc $1,200,000 --
Family Home Rescue Llc $1,200,000 --
Warren E Wills Ft -- --
Warren E Wills Ft -- --
Warren E Wills Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercadante Eugenia D $1,999,999
Closed Warren E Wills Ft $1,999,999
Previous Owner Family Home Rescue Llc $500,000
Closed Warren E Wills Ft $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2019 08/29/19 Sold $6,100,000 -7.5% $1,251 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $6,595,000 +139.8% $1,353 / Sq Ft
02/04/2014 02/04/14 Sold $2,750,000 +129.2% $1,787 / Sq Ft View Prior Sale
01/10/2014 01/10/14 Sold $1,200,000 -59.8% $780 / Sq Ft View Prior Sale
01/05/2014 01/05/14 Pending -- -- --
03/27/2013 03/27/13 For Sale $2,985,000 +42.1% $1,940 / Sq Ft
12/31/2012 12/31/12 Sold $2,100,000 0.0% $1,365 / Sq Ft View Prior Sale
07/10/2012 07/10/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $2,100,000 -- $1,365 / 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 $26,370 $8,039,700 $1,555,200 $6,484,500
2024 $23,491 $7,505,200 $1,555,200 $5,950,000
2023 $19,868 $6,189,400 $1,482,000 $4,707,400
2022 $196 $5,239,600 $1,238,800 $4,000,800
2021 $18,665 $5,141,800 $1,141,000 $4,000,800
2020 $13,847 $4,013,600 $1,141,000 $2,872,600
2019 $3,798 $1,130,500 $1,130,500 $0
2018 $3,955 $1,120,400 $1,120,400 $0
2017 $3,798 $1,120,400 $1,120,400 $0
2016 $2,151 $640,200 $640,200 $0
2015 $1,993 $552,100 $552,100 $0
2014 $2,076 $552,100 $552,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 85621

APN: NANT-000-041-000-000-0002-17-000-002