NOT LISTED FOR SALE

51 Madequecham Valley Rd Nantucket, MA 02554

Estimated Value: $3,007,965 - $4,792,000

3 Beds
4 Baths
1,862 Sq Ft
$2,080/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2020

Last sale price $2,300,000 $1,235 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $21,781 / mo

27 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Outdoor Shower
  • Deck
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Nestled at the end of a secluded sand road, the three level upside down home boasts its own organic vegetable garden surrounded by tranquil beauty, ocean breezes, and a private walkway to one of the South Shores last, undisturbed beaches! Live and work from the beach. Providing unobstructed ocean views, cathedral ceilings and a fireplace, the top floor of the home creates the ideal setting for lazy, sun-filled breakfasts, family time, and sunset cocktail hours on the outdoor terrace! The chefs kitchen is equipped with a sub-zero refrigerator and freezer, gas cook range, and tidy cutlery organization, making cooking at home a zen experience. The south shore facing master bedroom ensures that each day starts and end to the sound of the waves breaking on the beach, and is connected to a private master bathroom with plunge bath. Carefully designed to accommodate guests, the second floor offers two light-filled bedrooms with a shared bathroom. The second floor opens up to wraparound patio

Last Agent to Sell the Property

Allison Mazer

Compass Listed on: 07/19/2020

Compass

Co-Listed By

Gina Morda

Corcoran Property Advisors

Last Buyer's Agent

Allison Mazer

Compass Listed on: 07/19/2020

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Year Round Access
  • Property is zoned LUG3

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Sewer

Additional Features

  • Ocean Views
  • Wood Flooring
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00088 P:00023

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0.37 Acres

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Commission: 1.00
  • Seller Agency: 1.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 1286.25
  • Comp Based On: Net Sale Price
  • Year Built: 1997
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Finished, Bulkhead
  • Main Lo: AN2383
  • Main So: AN2383
  • Estimated Sq Ft: 1862.00

Exterior Features

  • Beachfront Flag: Yes
  • Waterfront Flag: Yes
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Exterior: Wood
  • Exterior Features: Porch, Deck, Outdoor Shower
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Stone/Gravel
  • Parking Spaces: 6

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessments: 2053900.00
  • Acre: 0.37
  • Lot Size: 16315.00
  • Page: 304
  • Parcel Number: M:00088 P:00023
  • Zoning: LUG3
  • Lot Description: Scenic View(s)

Tax Info

  • Taxes: 7086.00
  • Assessor Parcel Number: 2466151
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Oct 15, 2020
Sold by
Skrinar John and Skrinar Jessica
Bought by
Novicki Christina
Seller's Agent
Allison Mazer
Compass
Buyer's Agent
Allison Mazer
Compass
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%
Current Estimated Value
$3,872,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,241
Avg. Annual Appreciation
10.07%
Original Mortgage
$1,840,000
Outstanding Balance
$1,708,219
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,164,022

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 29, 2015
Sold by
Shaw Eric
Bought by
Skrinar John and Skrinar Jessica
Seller's Agent
Bonnie Rizzo
Maury People Sotheby's International Realty
Buyer's Agent
Bruce Beni
Lee Real Estate
List Price
$1,950,000
Sold Price
$1,885,000
Premium/Discount to List
-$65,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,500,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2015
Sold by
Nantucket Town Of
Bought by
Shaw Eric

Purchase Details

Closed on
Apr 28, 2008
Sold by
Nantucket Town Of
Bought by
Shaw Eric

Purchase Details

Closed on
Jun 4, 1997
Sold by
Moore Roger and Moore Jean Mcneil
Bought by
Southern Rt and Conte
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Novicki Christina $2,300,000 None Available
Skrinar John $1,885,000 --
Shaw Eric $2,602 --
Shaw Eric $125,000 --
Shaw Eric W $125,000 --
Southern Rt $37,500 --
Southern Rt $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novicki Christina $1,840,000
Closed Novicki Christina $1,840,000
Previous Owner Skrinar John $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2020 10/27/20 Sold $2,300,000 -4.0% $1,235 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $2,395,000 0.0% $1,286 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $2,395,000 +27.1% $1,286 / Sq Ft
10/29/2015 10/29/15 Sold $1,885,000 -3.3% $1,012 / Sq Ft View Prior Sale
09/29/2015 09/29/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $1,950,000 -- $1,047 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,118 $3,389,500 $1,448,400 $1,941,100
2024 $10,334 $3,301,600 $1,448,400 $1,853,200
2023 $8,962 $2,791,900 $1,379,400 $1,412,500
2022 $8,105 $2,167,200 $1,111,200 $1,056,000
2021 $7,294 $2,009,300 $1,149,500 $859,800
2020 $7,086 $2,053,900 $1,149,500 $904,400
2019 $6,904 $2,054,800 $1,149,500 $905,300
2018 $6,938 $1,965,500 $1,149,500 $816,000
2017 $6,263 $1,847,400 $1,053,700 $793,700
2016 $5,420 $1,613,200 $841,800 $771,400
2015 $5,527 $1,531,100 $864,400 $666,700
2014 $5,595 $1,487,900 $821,200 $666,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72694280

MLS Property Information Network (MLS PIN)

APN: NANT-000-088-000-000-0000-23-000-000

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