NOT LISTED FOR SALE

5 Spring St Nantucket, MA 02554

Estimated Value: $1,916,000 - $2,875,000

2 Beds
2.5 Baths
1,156 Sq Ft
$2,084/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $1,712,500 $1,481 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,335/month

201 Days on Market

About This Home

As of May 2021

A perfect, storybook in-town cottage built in 2010 that has been lovingly updated and meticulously maintained. This Spring Street gem is a short stroll to shops and restaurants and is tucked-away behind a privet and small lawn on a quiet, one-way street. Recent upgrades include ship lap walls, built-in cabinets with lighting, a custom dinette that seats 8, fresh paint and wallpaper, and custom rugs throughout. This charming 2 bedroom, 2.5 bathroom home is perfectly unique with details including a custom chandelier, sconces, central air conditioning, a cozy covered porch and a nice front yard.

Last Agent to Sell the Property

Susan Renzulli

William Raveis Nantucket Listed on: 09/13/2020

Last Buyer's Agent

Lisa Winn

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 2010

Lot Details

  • 2,178 Sq Ft Lot
  • Property is zoned ROH

Interior Spaces

  • 1,156 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Porch
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2 & B2
  • Assessor Parcel Number 78

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,128

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.05
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: 04-58 & 05-12
  • Appliances: Stove: Frigidaire, Washer: Affinity
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: 2
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Enter from the covered porch into an open living and dining area with built in banquette seating and a beautiful chandelier. The ample kitchen has granite counter tops and a pantry. There is a half bath and laundry adjacent to the kitchen and a back door leads from the dining area to the brick walkway that goes around the house., Floor 2: Two light-filled bedrooms; one en-suite with a spacious bathroom with shower. The second bathroom is in the hallway and has a shower/tub. Both bathrooms have marble counter-tops. At the top of the landing is a spacious closet.

Exterior Features

  • Lot Features: yes
  • Pool Private: No
  • View: None, D/Hrb
  • Exterior Features: Porch
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: 2 off-street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2178
  • Parcel #: 78
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 3128
  • Tax Lot: 2 & B2
  • Tax Map Number: 55.14
  • Tax Other Annual Assessment Amount: 448300
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
May 3, 2021
Sold by
Spring Street Rt
Bought by
2 Island Properties Llc
Seller's Agent
Susan Renzulli
William Raveis Nantucket
Buyer's Agent
Lisa Winn
Maury People Sotheby's International Realty
List Price
$1,795,000
Sold Price
$1,712,500
Premium/Discount to List
-$82,500
-4.6%
Current Estimated Value
$2,409,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,740
Avg. Annual Appreciation
8.64%
Original Mortgage
$1,370,000
Outstanding Balance
$1,244,955
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,222,991
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2 Island Properties Llc $1,712,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Island Properties Llc $1,370,000
Closed 2 Island Properties Llc $1,370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $1,712,500 -4.6% $1,481 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
09/13/2020 09/13/20 For Sale $1,795,000 -- $1,553 / 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 $6,743 $2,055,700 $734,400 $1,321,300
2024 $6,287 $2,008,700 $706,100 $1,302,600
2023 $5,079 $1,582,300 $618,700 $963,600
2022 $32 $862,100 $470,800 $391,300
2021 $3,048 $839,600 $448,300 $391,300
2020 $2,967 $860,000 $448,300 $411,700
2019 $2,890 $860,000 $448,300 $411,700
2018 $2,933 $830,800 $448,300 $382,500
2017 $2,781 $820,300 $448,300 $372,000
2016 $2,682 $798,200 $448,300 $349,900
2015 $2,619 $725,600 $406,300 $319,300
2014 $2,728 $725,600 $406,300 $319,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susan Renzulli

    William Raveis Nantucket

    (508) 332-0528

    7 in this area

    7 Total Sales

    Susan Renzulli
    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Winn

    Maury People Sotheby's International Realty

    (617) 281-1500

    32 in this area

    32 Total Sales

    Lisa Winn
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 87472

APN: NANT-005-514-000-000-0000-78-000-000

Massachusetts Nantucket County Nantucket 02554

5 Spring St, Nantucket, MA

This home is located at 5 Spring St, Nantucket, MA 02554 since 13 September 2020 and is currently estimated at $2,409,240, approximately $2,084 per square foot. This property was built in 2010. 5 Spring St is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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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