NOT LISTED FOR SALE

5 Salros Rd Nantucket, MA 02554

Nantucket Area

Estimated Value: $2,403,190

4 Beds
4 Baths
1,800 Sq Ft
$1,335/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $1,805,000 $1,003 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $13,647 / mo

237 Days on Market

About This Home

As of April 2022

A wonderful opportunity to own a spacious and well-built commercial property in a desirable mid-island location. There are two first-floor commercial units with loading bays. There is a total of 843 Sq Ft of space in each of the commercial units. Additionally, there are lower-level storage units.
The second floor has two 2 bed 1 bathroom apartments with individual decks and a second staircase for egress.
Each apartment has a kitchen, full bathroom, living room, and dining room, bamboo floors, a washer, and a dryer. This property offers many opportunities for use- 2 multiple-use commercial spaces, with 2 units for rental or employee housing purposes.

Last Agent to Sell the Property

Renata Shapovalova

William Raveis Nantucket Listed on: 07/14/2021

Last Buyer's Agent

John Arena

William Raveis Nantucket

William Raveis Nantucket

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,098

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Deck
  • 6,098 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 202

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Multi Family
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 2006-3
  • Appliances: Stove: yes 2, Washer: yes 2
  • Has Basement: Storage area
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: 2
  • Interior Amenities: AC,Ins, Floor 1: 2 commercial spaces with garage door and separate entrances. 1/2 bath, Floor 2: Two apartments, each with a separate entrance; 2 bedrooms. Each has a full kitchen, bedroom, bathroom, bamboo flooring, and a washer/dryer.

Exterior Features

  • Lot Features: yes
  • Pool Private: No
  • View: None
  • Exterior Features: Deck
  • Foundation Details: Poured concrete
  • Other Structures: There are 2 storage sheds on the first floor each with 10' ceilings

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6098
  • Parcel #: 202
  • Zoning: RC2

Tax Info

  • Tax Lot: A
  • Tax Map Number: 66
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Apr 8, 2022
Sold by
Bought by
Seller's Agent
Renata Shapovalova
William Raveis Nantucket
Buyer's Agent
John Arena
William Raveis Nantucket
List Price
$2,100,000
Sold Price
$1,805,000
Premium/Discount to List
-$295,000
-14.05%
Current Estimated Value
$2,403,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,190
Avg. Annual Appreciation
6.85%
Original Mortgage
$743,000
Outstanding Balance
$682,185
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,721,005

Purchase Details

Listed on
Dec 7, 2017
Closed on
Feb 9, 2018
Sold by
Bought by
Seller's Agent
Liza Ottani
Lee Real Estate
Buyer's Agent
Robert F Egan
J Pepper Frazier Co.
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jan 23, 2018
Sold by
Bought by
Seller's Agent
Liza Ottani
Lee Real Estate
Buyer's Agent
Robert F Egan
J Pepper Frazier Co.
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Nantucket, MA

  • John F. Trudel III Real Estate Agent - Maury People Sotheby's International Realty

    John F. Trudel III

    Maury People Sotheby's International Realty

    (508) 419-4062

    33 Total Sales

    33 in Nantucket

    $500K - $7M Price Range

    John F. Trudel III
     Section Image
  • Jennifer Shalley Allen Real Estate Agent - Fisher Real Estate

    Jennifer Shalley Allen

    Fisher Real Estate

    (508) 901-2706

    42 Total Sales

    41 in Nantucket

    $852K - $18M Price Range

    Jennifer Shalley Allen
     Section Image
  • Nathan Kaiser Real Estate Agent - J Pepper Frazier Co.

    Nathan Kaiser

    J Pepper Frazier Co.

    (720) 549-4751

    6 Total Sales

    6 in Nantucket

    $1.8M - $9.2M Price Range

    Nathan Kaiser
     Section Image
  • Kenny Hilbig-Ross Real Estate Agent - Jameson Sotheby's International Realty

    Kenny Hilbig-Ross

    Jameson Sotheby's International Realty

    (508) 680-0447

    20 Total Sales

    13 in Nantucket

    $1.1M - $4M Price Range

    Kenny Hilbig-Ross
     Section Image
  • Chandra Miller Real Estate Agent - Maury People Sotheby's International Realty

    Chandra Miller

    Responds Quickly

    Maury People Sotheby's International Realty

    (508) 639-1348

    133 Total Sales

    133 in Nantucket

    $400K - $17M Price Range

    Chandra Miller
     Section Image
  • Brian Sullivan Real Estate Agent - Fisher Real Estate

    Brian Sullivan

    Responds Quickly

    Fisher Real Estate

    (774) 551-1184

    53 Total Sales

    53 in Nantucket

    $1M - $28.9M Price Range

    Brian Sullivan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,805,000 None Available
-- --
$2,750,000 --
$855,000 --
$307,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $75,000
Open $743,000
Closed $900,000
Closed $720,000
Previous Owner $1,155,000
Previous Owner $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $1,805,000 -14.0% $1,003 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
07/14/2021 07/14/21 For Sale $2,100,000 +35.5% $1,167 / Sq Ft
01/23/2018 01/23/18 Sold $1,550,000 -8.6% $940 / Sq Ft View Prior Sale
12/24/2017 12/24/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $1,695,000 -- $1,028 / Sq Ft
Source: LINK

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,252 $1,601,300 $734,500 $866,800
2024 $8,092 $1,526,700 $699,600 $827,100
2023 $0 $1,208,100 $636,000 $572,100
2022 $0 $1,008,900 $462,500 $546,400
2021 $0 $948,600 $402,200 $546,400
2020 $4,557 $902,300 $402,200 $500,100
2019 $0 $902,300 $402,200 $500,100
2018 $4,133 $717,400 $304,700 $412,700
2017 $0 $650,300 $237,600 $412,700
2016 -- $641,600 $265,800 $375,800
2015 -- $641,600 $265,800 $375,800
2014 -- $641,600 $265,800 $375,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Renata Shapovalova

    William Raveis Nantucket

    (508) 292-5502

    3 Total Sales

    Renata Shapovalova
    Section Image
  • John Arena Real Estate Agent - William Raveis Nantucket

    Buyer's Agent in 2022

    John Arena

    William Raveis Nantucket

    (617) 771-3511

    32 Total Sales

    John Arena
    Section Image

  • L

    Seller's Agent in 2018

    Liza Ottani

    Lee Real Estate

    (508) 566-3894

    28 Total Sales

    Liza Ottani
    Section Image

  • R

    Buyer's Agent in 2018

    Robert F Egan

    J Pepper Frazier Co.

    (508) 367-1727

    4 Total Sales

    Robert F Egan
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 88591

APN: NANT-000-066-000-000-0000-20-000-002

Massachusetts Nantucket County Nantucket 02554

5 Salros Rd, Nantucket, MA

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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