NOT LISTED FOR SALE

54 Prospect St Nantucket, MA 02554

Estimated Value: $1,980,000 - $2,403,000

2 Beds
2 Baths
1,502 Sq Ft
$1,456/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $1,181,500 $787 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $11,846/month

381 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of July 2020

Amenities abound in a perfect package! The luxe cottage at 54 Prospect is brand new construction and is ready to be moved into and enjoyed! A two bedroom, two bath cottage featuring wonderful outdoor living spaces. Masterfully built high end new construction paired with an artistic designer's eye for the best quality materials, the cottage has been outfitted with high end appliances, systems, detailing, finishes and layout. Designed to take full advantage of the natural light, the spaces are bright and inviting. The outdoor living features gorgeous landscape design within the private deck and patio area. This cottage features well-executed classic Nantucket sophistication in very close proximity to the historic downtown district, mid island shopping, recreational land with walking trails, bike paths and South Shore beaches beyond! Fabulous vacation getaway or the ideal rental property!

Last Agent to Sell the Property

Donna Barnett

Maury People Sotheby's International Realty Listed on: 05/21/2019

Last Buyer's Agent

Donna Barnett

Maury People Sotheby's International Realty Listed on: 05/21/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 2,613 Sq Ft Lot
  • Garden
  • Property is zoned R1

Home Design

  • 1,502 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 54

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PlNo 03 - 55
  • Appliances: Stove: Miele, Washer: Whirlpool
  • Has Basement: Custom built stairs open to the space above surrounded by floor to ceiling horizontal ship lap boarded walls lead to a landing and lower level hallway with custom lighting and sourced tile floors throughout. Utilities and laundry located behind custom closets in this area. Hallway opens to large bedroom with full windows and space for a lovely on suite set up. Designed to allow for a bedroom and a living area in one room along with custom closets and full bath.
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: wood
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Entering from the side door off of the private patio and deck, open to foyer with custom closets. Enter to galley kitchen with smart use of space providing custom cabinetry combined with a clean lined aesthetic. Honed soapstone countertops, custom fixtures, and high end appliances complete the perfect picture. Enter to open living and dining area with high ceilings and ample light. A barn door in the living room leads to the first floor bedroom providing custom closets with built ins and adjacent full bath. The back of the house features access to bath for guests along with a spacious entry to the lower level.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: None known, yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: yes

Utilities

  • Heating: GFHA
  • Sewer: Twn
  • Utilities: None
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 2613
  • Parcel #: 54
  • Zoning: R1

Tax Info

  • Tax Lot: 2
  • Tax Map Number: 5541
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 24, 2020
Sold by
Orourke Paul M and Orourke Elisabeth O
Bought by
54 Prospect Street Llc
Seller's Agent
Donna Barnett
Maury People Sotheby's International Realty
Buyer's Agent
Donna Barnett
Maury People Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,181,500
Premium/Discount to List
-$313,500
-20.97%
Current Estimated Value
$2,186,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,399
Avg. Annual Appreciation
11.73%
Original Mortgage
$750,000
Outstanding Balance
$659,736
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,527,164

Purchase Details

Closed on
Jul 29, 2008
Sold by
Lynch Deborah A
Bought by
Orourke Paul M and Orourke Elisabeth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Mary J Huffman T and Ranney James T
Bought by
Lynch Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
54 Prospect Street Llc $1,181,500 None Available
Orourke Paul M $490,000 --
Orourke Paul M $490,000 --
Orourke Paul M $490,000 --
Lynch Deborah A $358,000 --
Lynch Deborah A $358,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 54 Prospect Street Llc $750,000
Closed 54 Prospect Street Llc $750,000
Previous Owner Orourke Paul M $392,000
Previous Owner Lynch Deborah A $286,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $1,181,500 -21.0% $787 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/21/2019 05/21/19 For Sale $1,495,000 -- $995 / 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 $6,282 $1,915,300 $353,800 $1,561,500
2024 $5,531 $1,767,100 $324,300 $1,442,800
2023 $4,676 $1,456,600 $320,100 $1,136,500
2022 $46 $1,216,900 $266,800 $950,100
2021 $2,154 $593,500 $280,800 $312,700
2020 $2,048 $593,500 $280,800 $312,700
2019 $1,386 $412,500 $224,600 $187,900
2018 $1,064 $313,300 $201,200 $112,100
2017 $1,058 $312,200 $191,900 $120,300
2016 $933 $277,600 $177,800 $99,800
2015 $1,144 $316,900 $168,500 $148,400
2014 $1,112 $295,800 $147,400 $148,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donna Barnett

    Maury People Sotheby's International Realty

    (508) 221-8995

    25 in this area

    25 Total Sales

    Donna Barnett
    Section Image
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Map

Source: LINK

MLS Number: 85807

APN: NANT-005-541-000-000-0000-54-000-000

Massachusetts Nantucket County Nantucket 02554

54 Prospect St, Nantucket, MA

Not Listed for Sale

Detached

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