NOT LISTED FOR SALE

59 Somerset Rd Nantucket, MA 02554

Estimated Value: $2,259,000 - $2,522,000

3 Beds
2 Baths
2,688 Sq Ft
$898/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $860,000 $320 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $13,281/month

54 Days on Market

About This Home

As of June 2014

Warm three bedroom home with cathedral ceilings and rich wood beams.  Half acre lot with four bedroom septic. Considerable room for further expansion, additional dwelling or separate garage building. Nicely buffered along Somerset with trees and great privacy in the rear abutting Land Bank conservation land.
*Sellers reserve the right to not sell unless they can secure their target property.

Last Agent to Sell the Property

Carolyn Durand

Lee Real Estate Listed on: 02/21/2014

Last Buyer's Agent

Susan Chambers & Juliet Hunter

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1984

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R20

Home Design

  • 2,688 Sq Ft Home

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 90

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.46
  • Garage Yn: No
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PL.FL 6-F
  • Appliances: Stove: Electric, Washer: Yes
  • Has Basement: Interior and exterior full stairs to basement.  Partially finished with radiant tubing in slab for future connection to heat source.  Ample room to finish additional space with framed out foundation walls for full windows.  Spiral stairs to living room above.  Laundry and Clayton wood furnace accessory heat source to house.
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Fireplace
  • Fireplace: No
  • Flooring: Oak & carpet
  • Interior Amenities: Ins,Irr,OSh,WdStove, Floor 1: Entry porch to tiled foyer with full floor to ceiling windows.  Kitchen with breakfast bar and granite counters.  Dining area opens to new great room with built-in gas fireplace on stone wall.  Great light and high ceilings.  Wide spiral stair to partially finished basement.  Bedroom with separate entry.  Full bath with access from bedroom and hall.  Stairs to second floor., Floor 2: Landing area open to the first floor below with cathedral ceiling.  Master bedroom with adjoining full bath.  Office area at landing ideally situated for additional bath.  Large bedroom.  Storage area under eaves.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Telephone/Electric/Cable 1983 deed restrictions >30 years, Large yard with trees along frontage
  • Pool Private: No
  • View: None
  • Exterior Features: Deck
  • Foundation Details: Concrete
  • Other Structures: Large azek deck and outdoor shower off the back of the house.   Surround sound in living room.   New Anderson 400 windows through out.

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 20038
  • Parcel #: 90
  • Zoning: R20

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1606
  • Tax Lot: 10
  • Tax Map Number: 66
  • Tax Other Annual Assessment Amount: 393300
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jun 3, 2014
Sold by
Cook James R and Cook Jennie E
Bought by
Hess Molly and Mosscrop Thomas
Seller's Agent
Carolyn Durand
Lee Real Estate
Buyer's Agent
Susan Chambers & Juliet Hunter
Maury People Sotheby's International Realty
List Price
$945,000
Sold Price
$860,000
Premium/Discount to List
-$85,000
-8.99%
Current Estimated Value
$2,414,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,554,034
Avg. Annual Appreciation
8.46%
Original Mortgage
$580,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Gray Seth and Gray Claire J
Bought by
Cook James R and Cook Jennie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,857
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
Ge M Rt and Maskell
Bought by
Gray Seth and Gray Claire J
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
Hess Molly $860,000 --
Cook James R $560,000 --
Cook James R $560,000 --
Cook James R $560,000 --
Gray Seth $845,000 --
Gray Seth $845,000 --
Gray Seth $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Molly $580,000
Closed Gray Seth $580,000
Previous Owner Gray Seth $535,000
Previous Owner Cook James R $549,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $860,000 -9.0% $320 / Sq Ft
05/04/2014 05/04/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $945,000 -- $352 / 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 $5,781 $1,762,400 $741,000 $1,021,400
2024 $4,684 $1,496,500 $741,000 $755,500
2023 $4,217 $1,313,600 $705,600 $608,000
2022 $4,026 $1,076,500 $568,400 $508,100
2021 $3,933 $1,083,600 $588,000 $495,600
2020 $3,738 $1,083,600 $588,000 $495,600
2019 $3,641 $1,083,600 $588,000 $495,600
2018 $3,384 $958,600 $588,000 $370,600
2017 $3,084 $909,600 $539,000 $370,600
2016 $2,786 $829,200 $470,400 $358,800
2015 $2,785 $771,400 $414,000 $357,400
2014 $2,696 $716,900 $393,300 $323,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carolyn Durand

    Lee Real Estate

    (508) 228-2315

    41 in this area

    41 Total Sales

    Carolyn Durand
    Section Image

  • S

    Buyer's Agent in 2014

    Susan Chambers & Juliet Hunter

    Maury People Sotheby's International Realty

    (508) 560-0671

    38 in this area

    38 Total Sales

    Susan Chambers & Juliet Hunter
    Section Image
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Map

Source: LINK

MLS Number: 78731

APN: NANT-000-066-000-000-0000-90-000-000

Massachusetts Nantucket County Nantucket 02554

59 Somerset Rd, Nantucket, MA

This home is located at 59 Somerset Rd, Nantucket, MA 02554 since 21 February 2014 and is currently estimated at $2,414,034, approximately $898 per square foot. This property was built in 1984. 59 Somerset Rd 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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