NOT LISTED FOR SALE

5 Spring St Nantucket, MA 02554

Estimated Value: $2,216,135 - $2,696,000

2 Beds
2.5 Baths
1,156 Sq Ft
$2,054/Sq Ft Est. Value

Last Sold May 03, 2021

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

Est. 39% increase in value since last sale

Current estimated payment $13,893/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%
Total Days on Market
201
Current Estimated Value
$2,374,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,284
Avg. Annual Appreciation
9.30%
Original Mortgage
$1,370,000
Outstanding Balance
$1,258,173
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,205,490
Source: Public Records

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Range of Values:

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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
Previous Owner Fish Lane Rt $320,000
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 Total Sales

    Susan Renzulli
    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Winn

    Maury People Sotheby's International Realty

    31 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 $2,374,784, approximately $2,054 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.

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