$3,700,000
SOLD DEC 17, 2014

51 Vestal St Nantucket, MA 02554

6 Beds
7 Baths
5,195 Sq Ft
0.46 Acres

Recently Sold

$712 Per Sq Ft

5% Below List Price

95 Days on Market

Highlights

  • Spa
  • Home Gym
  • Patio
  • Deck
  • Porch
  • Garden

About This Home

As of June 2017

The Nantucket Lifestyle!  Easy Summer living in this cheerful and bright, open modern design- over 5,000 sq ft; conveniently located on the edge of town and minutes to Main St.  Relax and Enjoy the Outdoors by your 18'x36' Pebble Tec  pool with 8'x8' spa. Large fenced back yard area for additional recreation and with organic garden.

Last Agent to Sell the Property

Robert Sarkisian

Berkshire Hathaway HomeServices Island Properties Nantucket Listed on: 08/14/2014

Berkshire Hathaway HomeServices Island Properties Nantucket

Last Buyer's Agent

Angel Frazier

Atlantic East Nantucket Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 2014

Lot Details

  • 0.46 Acre Lot
  • Garden
  • Property is zoned R20

Interior Spaces

  • 5,195 Sq Ft Home
  • Home Gym

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3A
  • Assessor Parcel Number 840

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.46
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 2010-01
  • Appliances: Stove: Wolf 6 Burner- Gas Range, Washer: Whirlpool Duet
  • Has Basement: Full Lower Level with 10' Ceilings- Office/Bedroom, Full Hall Bath.  Gym with mirrored wall, 65" Samsung TV, and Zebra Yoga Floor.  Huge Entertainment Room with 75" Samsung TV, Movie Theater with 4K Projector Screen, Savant Media System installed by Nantucket Media Systems. Storage Closet, Utility Room. Exterior door to wide set of stairs to rear yard. Radiant in floor heat.
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: 10" Wide Oak
  • Interior Amenities: AC,Disp,Ins,Irr,OSh, Floor 1: Master Bedroom with cathedral ceilings, spacious walk in closet, large en suite bath, dual vanities, tiled shower, stone floor, marbled wall and Victoria Albert Tub appointed with LaCava fixtures.  Exterior door to access to outdoor shower and slider to outdoor deck. Wonderful, bright and open Kitchen, Living and Dining Room- shiplap walls, transom windows, custom cabinetry, large island with Danby marble top. Sliding door to outdoor living space. Private den off the kitchen with sliding barn door and 65” Samsung TV. Powder Room; Laundry Room with custom cabinetry and extra utility sink. Mudroom with built-ins and exterior side door., Floor 2: Three Bedrooms each with private, tiled baths, custom vanities, closets and vaulted ceilings.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: yes, large and private
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio, Porch, P/Pool, H/Tub, Gym
  • Foundation Details: poured
  • Other Structures: Pool House with half bath: white washed interior. Perfect for entertaining.

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 20005
  • Parcel #: 840
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 2661
  • Tax Lot: 3A
  • Tax Map Number: 41
  • Tax Other Annual Assessment Amount: 690000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 22, 2017
Sold by
51 Vestal Street Llc
Bought by
51 Vestal Ack Llc
Seller's Agent
Angel Frazier
Atlantic East Nantucket Real Estate
Buyer's Agent
Angel Frazier
Atlantic East Nantucket Real Estate
List Price
$5,350,000
Sold Price
$5,100,000
Premium/Discount to List
-$250,000
-4.67%
Current Estimated Value
$6,455,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,355,894
Avg. Annual Appreciation
2.98%
Original Mortgage
$1,900,000
Outstanding Balance
$1,536,220
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,940,685

Purchase Details

Listed on
Aug 14, 2014
Closed on
Dec 17, 2014
Sold by
Cooped Up Rt
Bought by
51 Vestal Street Llc
Seller's Agent
Robert Sarkisian
Berkshire Hathaway HomeServices Island Properties Nantucket
Buyer's Agent
Angel Frazier
Atlantic East Nantucket Real Estate
List Price
$3,895,000
Sold Price
$3,700,000
Premium/Discount to List
-$195,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Listed on
Nov 8, 2012
Closed on
Nov 6, 2012
Sold by
Michael J Ramos Ret and Ramos Michael J
Bought by
Cooped Up Rt and Ramos Michael J
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.01%
Source: Public Records

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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
Quit Claim Deed $5,100,000 --
Quit Claim Deed $5,100,000 --
Quit Claim Deed $5,100,000 --
Not Resolvable $3,700,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 Purchase Money Mortgage
Closed $1,900,000 Purchase Money Mortgage
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $251,500 No Value Available
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $5,100,000 -4.7% $1,175 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $5,350,000 +44.6% $1,232 / Sq Ft
12/17/2014 12/17/14 Sold $3,700,000 -5.0% $712 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $3,895,000 +499.2% $750 / Sq Ft
11/08/2012 11/08/12 Sold $650,000 -- --
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 $17,963 $5,476,500 $1,420,300 $4,056,200
2024 $16,738 $5,347,700 $1,543,800 $3,803,900
2023 $14,130 $4,401,900 $1,352,400 $3,049,500
2022 $12,904 $3,450,200 $882,000 $2,568,200
2021 $12,979 $3,575,400 $980,000 $2,595,400
2020 $12,738 $3,692,100 $980,000 $2,712,100
2019 $12,500 $3,720,200 $980,000 $2,740,200
2018 $13,072 $3,703,100 $1,117,200 $2,585,900
2017 $12,614 $3,720,900 $1,117,200 $2,603,700
2016 $10,432 $3,104,800 $980,000 $2,124,800
2015 $10,281 $2,847,800 $690,000 $2,157,800
2014 $2,594 $690,000 $690,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 79515

APN: NANT-000-041-000-000-0008-40-000-000