NOT LISTED FOR SALE

5 Sherburne Turnpike Nantucket, MA 02554

Estimated Value: $6,641,000 - $9,903,596

4 Beds
7 Baths
3,968 Sq Ft
$2,142/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $8,400,000 $2,117 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $50,118/month

122 Days on Market

Highlights

  • Porch
  • Garden
  • Garage
  • Patio

About This Home

As of December 2018

Prominent Cliff location just off Lincoln Circle, this lovely home with open living spaces and an abundance of light throughout affords ease of access to Steps Beach. An oversized 18,000+ sq ft property consisting of two lots, offers privacy, lovely mature plantings, covered porches, attached garage, pool and pool cabana. Unparalleled 180 degree views of Nantucket Sound and Harbor from the roof walk. The property has been subdivided giving the discerning buyer a multitude of options. Rare offering in this highly sought after Cliff setting.

Last Listed By

Susan Chambers & Juliet Hunter

Maury People Sotheby's International Realty Listed on: 04/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,198

Year Built

  • Built in 2000

Lot Details

  • 0.42 Acre Lot
  • Garden
  • Property is zoned R1

Parking

  • Garage

Home Design

  • 3,968 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3 and 4
  • Assessor Parcel Number 113

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,198

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.4153
  • Garage Yn: Yes
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 10588-D
  • Appliances: Stove: Dacor, Washer: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: A,AC,Disp,Ins,Irr, Floor 1: Beautiful entry through a custom wide Dutch door to foyer with cathedral ceiling and double staircases. Lovely arched openings into a grand open living, dining and kitchen with fireplace and custom built-ins throughout. A large kitchen with functional island offers seating and cook top along with double ovens. French doors to the wrap around porch. A den with custom built-in for media equipment and additional entertaining space for family and friends. Lovely first floor master bedroom with private bath. Large laundry/mud room with utility sink, closets for storage and back entry. Powder room for guests. Incredible covered porches to enjoy the yard and surrounding privet provide privacy for the pool and pool cabana., Floor 2: Open and airy double staircase leads you to a second master bedroom along with two additional guest bedrooms all with private baths. Second floor master bedroom offers a balcony overlooking the pool and cabana. A large private bath with double vanity, soaking tub and walk-in tiled shower. Two large guest bedrooms are separated by an additional den area with spiral staircase to access third floor and then to the roof walk., Floor 3: Den area and a hall full bath. Spiral staircase to an incredible roof walk. Roof walk offers unparalleled 180 degree views of Nantucket Sound, Harbor, Town, Coatue and Great Point.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: See Deed, Large with mature perennial gardens surrounded by privet
  • Pool Private: No
  • View: Snd, Hrb
  • Exterior Features: Porch, Patio, Garden, P/Pool
  • Foundation Details: Block
  • Other Structures: Pool cabana offers a half bath and changing room.

Garage/Parking

  • Parking Features: Multiple

Utilities

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

Lot Info

  • Lot Size Sq Ft: 18092
  • Parcel #: 113
  • Zoning: R1

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 21198
  • Tax Lot: 3 and 4
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: 3276000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Oct 19, 2017
Sold by
Sherburne Avenue Rt and Glidden
Bought by
5 Sherburne Turnpike L
Seller's Agent
Matt Payne
Congdon & Coleman Real Estate
Buyer's Agent
Cameron Gammill
Fisher Real Estate
List Price
$9,750,000
Sold Price
$7,250,000
Premium/Discount to List
-$2,500,000
-25.64%
Total Days on Market
122
Current Estimated Value
$8,497,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,247,532
Avg. Annual Appreciation
3.27%
Original Mortgage
$5,250,000
Outstanding Balance
$4,443,447
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,816,688

Purchase Details

Closed on
Jul 19, 2017
Sold by
Busacca Naila S
Bought by
Sherburne Avenue Rt and Glidden

Purchase Details

Closed on
Aug 11, 1995
Sold by
Cjk Nt and Hanley
Bought by
Sherburne Avenue Rt and Glidden

Purchase Details

Closed on
Jul 5, 1994
Sold by
Donelan Joseph P and Donelan Christine G
Bought by
Cjk Nt and Hanley

Purchase Details

Closed on
Nov 4, 1988
Sold by
Upper Step Beach Rt
Bought by
Donelan Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
10.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1988
Sold by
Catalina Rt
Bought by
Benedict Neil P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
10.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1988
Sold by
W J Harvey Nt Pt Tr
Bought by
Catalina Rt

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Nantucket, MA

  • 34 Bosworth Rd, Nantucket, MA 02554

    $8,945,000

    • 4 Beds
    • 6.5 Baths
    • 4,023 Sq Ft
    • 34 Bosworth Rd
    • Nantucket, MA

    Welcome to this beautiful four bedroom waterfront home that lives as a six bedroom! The property features a charming wrap-around porch complete with a luxurious built-in hot tub, perfect for soaking and relaxation. The porch is complemented by multiple seating areas, providing plenty of spots to enjoy the outdoors, whether you're savoring a morning coffee or watching the sunset. An inviting

    Morgan Winn Maury People Sotheby's International Realty

    Section Image
  • 84 Cliff Rd, Nantucket, MA 02554

    $7,995,000

    • 6 Beds
    • 6.5 Baths
    • 6,021 Sq Ft
    • 84 Cliff Rd
    • Nantucket, MA

    OPPORTUNITY to own a home in the sought after Cliff area in this newly constructed 5 bedroom and 5.5 bath main house with attached garage, 1 bedroom and 1 bath second dwelling/cabana, and 16x24 swimming pool. This property is being sold as-is and perfect for someone who has the means and vision to complete the remaining 20% of the project. The property boasts a well executed floor plan on a

    Chandra Miller Maury People Sotheby's International Realty

    Section Image
  • 8 Ash St, Nantucket, MA 02554

    $8,500,000

    • 5 Beds
    • 6 Baths
    • 4,992 Sq Ft
    • 8 Ash St
    • Nantucket, MA

    Spectacularly reimagined, meticulously renovated, and thoughtfully expanded, this circa-1765 five-bay antique home in the heart of Town has been transformed into a modern masterpiece. Every detail has been carefully considered to achieve a seamless blend of historic character and contemporary luxury, creating a sanctuary that is as timeless as it is exceptional. Thoughtfully designed with an

    Donna Barnett Maury People Sotheby's International Realty

    Section Image
  • 45 Easton St, Nantucket, MA 02554

    $7,995,000

    • 6 Beds
    • 6.5 Baths
    • 2,940 Sq Ft
    • 45 Easton St
    • Nantucket, MA

    Situated in stunning Brant Point, this idyllic area boasts picturesque harbor views and is conveniently located across from the iconic White Elephant and next to downtown Nantucket. Both the main house and adjacent cottage are beautifully renovated blending classic Nantucket charm with modern design. The main house is four bedrooms with en-suite baths plus mudroom and powder room and a surprise

    Ty Costa William Raveis Nantucket

    Section Image
  • 45 Easton St, Nantucket, MA 02554

    $7,995,000

    • 6 Beds
    • 6.5 Baths
    • 2,940 Sq Ft
    • 45 Easton St
    • Nantucket, MA

    Located front and center in desirable Brant Point. The house and cottage have been meticulously renovated with a modern layout that pairs well thought out spaces with clean lines. Bright light sweeps through the open floor plan playing off the ship lap walls, white rhino marble countertops and solid Vermont Oak floors. The main house features five en suite bedrooms and the sweet but sophisticated

    J Pepper Frazier II J Pepper Frazier Co.

    Section Image
  • 2 Hedgebury Ln, Nantucket, MA 02554

    $8,795,000

    • 6 Beds
    • 8 Baths
    • 4,437 Sq Ft
    • 2 Hedgebury Ln
    • Nantucket, MA

    Oasis nestled on the outskirts of town... this unique compound offers a perfect blend of privacy and convenience, just a short distance from upper Main Street. The property includes a comfortable four bedroom main house, a charming 2-bedroom cottage, and a host of outdoor amenities perfect for both relaxation and entertaining. The main house features an open first floor layout, first and second

    John Arena William Raveis Nantucket

    Section Image
  • 2 Candle House Ln, Nantucket, MA 02554

    $6,695,000

    • 5 Beds
    • 7 Baths
    • 2 Candle House Ln
    • Nantucket, MA

    Modern Elegance in the Heart of Historic Nantucket. Located on picturesque Candle House Lane this newly constructed home is thoughtfully designed across three finished levels. The residence features five bedrooms, five bathrooms, and two half baths, offering spacious and beautifully detailed interiors. Now being offered furnished, the home is ready for effortless coastal living. Perfect for both

    Bernadette Meyer Maury People Sotheby's International Realty

    Section Image
  • 3 Old Farm Rd, Nantucket, MA 02554

    $6,995,000

    • 6 Beds
    • 7.5 Baths
    • 5,615 Sq Ft
    • 3 Old Farm Rd
    • Nantucket, MA

    Woodland Hill is an exclusive enclave of luxury homes in a serene location just under a mile from Historic Downtown Nantucket town and surrounded by 20 acres of dedicated open spaces. 3 Old Farm is a stunning 6 en-suite bedroom, 7 full and 1 half-bath home, with over 5000 square feet of finished living space and a 30 x 14 Gunite swimming pool, spa and cabana. The home has been impeccably

    Chris Kling J Pepper Frazier Co.

    Section Image
  • 38 Lovers Ln, Nantucket, MA 02554

    $6,995,000

    • 4 Beds
    • 8 Baths
    • 6,253 Sq Ft
    • 38 Lovers Ln
    • Nantucket, MA

    Brand new modern beach house with over 6,000 sf of living space on a sprawling 30,000 sf lot. The property boasts four elegantly appointed en-suite bedrooms, four stylish half baths that are strategically located throughout the house for convenience, an open layout with cathedral ceilings, two-bay garage, swimming pool with auto cover, a chic pool cabana and lush landscaping throughout. The

    Dalton Frazier J Pepper Frazier Co.

    Section Image

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
5 Sherburne Turnpike L $7,250,000 --
5 Sherburne Turnpike L $7,250,000 --
Sherburne Avenue Rt -- --
Sherburne Avenue Rt -- --
Sherburne Avenue Rt $975,000 --
Sherburne Avenue Rt $975,000 --
Cjk Nt $325,000 --
Cjk Nt $325,000 --
Donelan Joseph P $345,000 --
Benedict Neil P $510,000 --
Catalina Rt $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Sherburne Turnpike L $5,250,000
Closed Catalina Rt $5,250,000
Previous Owner Busacca Naila S $278,000
Previous Owner Busacca Naila S $2,050,000
Previous Owner Busacca Naila S $2,000,000
Previous Owner Remick Jeffrey D $1,950,000
Previous Owner Sherburne Ave Rt $250,000
Previous Owner Benedict Neil P $200,000
Previous Owner Benedict Neil P $202,000
Previous Owner Donelan Ii Joseph P $920,000
Previous Owner Catalina Rt $241,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $8,400,000 -6.6% $2,117 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $8,995,000 +24.1% $2,267 / Sq Ft
10/19/2017 10/19/17 Sold $7,250,000 -25.6% $1,827 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
05/23/2016 05/23/16 For Sale $9,750,000 -- $2,457 / 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 $30,648 $9,344,000 $5,131,400 $4,212,600
2024 $28,279 $9,034,800 $5,131,400 $3,903,400
2023 $24,636 $7,674,800 $4,656,000 $3,018,800
2022 $23,469 $6,275,100 $3,742,200 $2,532,900
2021 $21,544 $5,934,900 $3,402,000 $2,532,900
2020 $20,780 $6,023,300 $3,402,000 $2,621,300
2019 $19,442 $5,786,400 $3,139,500 $2,646,900
2018 $21,198 $6,005,200 $3,276,000 $2,729,200
2017 $20,358 $6,005,200 $3,276,000 $2,729,200
2016 $18,542 $5,518,400 $3,315,000 $2,203,400
2015 $18,529 $5,132,600 $2,950,500 $2,182,100
2014 $16,357 $4,350,200 $2,529,000 $1,821,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: LINK

MLS Number: 84284

APN: NANT-000-030-000-000-0001-13-000-000