5 Sherburne Turnpike Nantucket, MA 02554
5
Beds
7
Baths
3,968
Sq Ft
0.42
Acres
Highlights
- Deck
- Porch
- Patio
About This Home
As of December 2018Gwynne Thorsen designed, 5 ensuite bedrooms, 3 floors of living space, 40 x 20 swimming pool, adjacent cabana with ½ bath and storage, Nantucket Sound views from the roof walk and a private sub-dividable lot are just a few of the offerings of this meticulously maintained property on a quiet street off Lincoln Circle. Centrally located on the Cliff between the Westmoor Club, Steps Beach and Town.
Last Agent to Sell the Property
Matt Payne
Congdon & Coleman Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,357
Year Built
- Built in 2000
Lot Details
- 0.42 Acre Lot
- Property is zoned R1
Home Design
- 3,968 Sq Ft Home
- Block Foundation
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Cable TV Available
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 113
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
483
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
$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
Map
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Similar Homes in Nantucket, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $7,250,000 | -- | |
| Deed | $7,250,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $975,000 | -- | |
| Deed | $975,000 | -- | |
| Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii | $325,000 | -- | |
| Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii | $325,000 | -- | |
| Deed | $345,000 | -- | |
| Deed | $510,000 | -- | |
| Deed | $630,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,250,000 | Purchase Money Mortgage | |
| Closed | $5,250,000 | Purchase Money Mortgage | |
| Previous Owner | $278,000 | No Value Available | |
| Previous Owner | $2,050,000 | No Value Available | |
| Previous Owner | $2,000,000 | No Value Available | |
| Previous Owner | $1,950,000 | No Value Available | |
| Previous Owner | $250,000 | No Value Available | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $202,000 | No Value Available | |
| Previous Owner | $920,000 | No Value Available | |
| Previous Owner | $241,500 | Purchase Money Mortgage |
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
| 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
Source: LINK
MLS Number: 81953
APN: NANT-000-030-000-000-0001-13-000-000
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