$8,400,000
SOLD DEC 14, 2018

5 Sherburne Turnpike Nantucket, MA 02554

4 Beds
7 Baths
3,968 Sq Ft
0.42 Acres

Recently Sold

$2,117 Per Sq Ft

7% Below List Price

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 Agent to Sell the Property

Susan Chambers & Juliet Hunter

Maury People Sotheby's International Realty

Last Buyer's Agent

Bill Liddle

Great Point Properties

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

Map

Range of Values:

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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 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: 84284

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

Massachusetts Nantucket County Nantucket 02554

5 Sherburne Turnpike, Nantucket, MA

Homes for Sale in Nantucket, MA

This home is located at 5 Sherburne Turnpike, Nantucket, MA 02554 and is currently priced at $8,400,000, approximately $2,116 per square foot. This property was built in 2000. 5 Sherburne Turnpike is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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