NOT LISTED FOR SALE

6 & 8 Dave St Nantucket, MA 02554

Estimated Value: $1,588,000 - $2,105,000

0.23 Acre
$8,352,174 Price per Acre
10,035 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $850,000

Est. 126% increase in value since last sale

Current estimated payment $10,915/month

1,000 Days on Market

About This Lot

As of July 2017

Compare these 2 CMI (Commercial MId Island) lots, combined 10,035 SF commercially zoned, affords multiple options for development. 6 Residential units, commercial or both. 1st floor Harbor glimpses  from your offices or up to 6 apartments above your retail shop. High traffic and high visibility in the only quarter acre parcel in this mid island neighborhood. You can condo these units. Great investment for rental or resale. Ideal location for employers, walk to work or take the bus from the corner. Served by town water and sewer.

Last Agent to Sell the Property

Robert Young

William Raveis Nantucket Listed on: 10/02/2014

Last Buyer's Agent

J Pepper Frazier II

J Pepper Frazier Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,766

Lot Details

  • 10,035 Sq Ft Lot
  • 2 Lots in the community
  • Property is zoned CMI

Listing and Financial Details

  • Tax Lot 16 & 17
  • Assessor Parcel Number 287 & 2871

Property Details

Property Type

Land

Est. Annual Taxes

$1,766

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.23
  • Special Features: None

Interior Features

  • Possible Use: 33-D

Exterior Features

  • Lot Features: Utilities in Street
  • Pool Private: No
  • View: D/Hbr, None

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 10035
  • Number Of Lots: 2
  • Parcel #: 287 & 2871
  • Zoning: CMI

Tax Info

  • Tax Annual Amount: 1766
  • Tax Lot: 16 & 17
  • Tax Map Number: 55
  • Tax Other Annual Assessment Amount: 525600
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Jul 28, 2017
Sold by
6 Crow Hill Nt and Brescher
Bought by
Jemison Steven
Seller's Agent
Robert Young
William Raveis Nantucket
Buyer's Agent
J Pepper Frazier II
J Pepper Frazier Co.
List Price
$1,100,000
Sold Price
$850,000
Premium/Discount to List
-$250,000
-22.73%
Total Days on Market
1000
Current Estimated Value
$1,921,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,000
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Feb 6, 2009
Sold by
Chapomiss Valley Rt and Macdonald
Bought by
8 Crow Hill Nt and Glidden

Purchase Details

Closed on
Feb 2, 1994
Sold by
White Richard P
Bought by
Widger Thurlow S and Widger Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Jemison Steven $850,000 --
Jemison Steven $850,000 --
Jemison Steven $850,000 --
8 Crow Hill Nt -- --
8 Crow Hill Nt -- --
8 Crow Hill Nt -- --
Widger Thurlow S $57,500 --
Widger Thurlow S $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Robert R $50,000
Previous Owner Reed Robert R $25,000
Previous Owner Reed Robert R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $850,000 -22.7% --
06/28/2017 06/28/17 Pending -- -- --
10/02/2014 10/02/14 For Sale $1,100,000 -- --
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 $1,588 $484,200 $484,200 $0
2024 $1,389 $443,900 $443,900 $0
2023 $1,406 $438,100 $438,100 $0
2022 $1,365 $365,100 $365,100 $0
2021 $1,395 $384,300 $384,300 $0
2020 $1,326 $384,300 $384,300 $0
2019 $1,033 $307,400 $307,400 $0
2018 $972 $275,400 $275,400 $0
2017 $890 $262,600 $262,600 $0
2016 $818 $243,400 $243,400 $0
2015 $797 $220,900 $220,900 $0
2014 $727 $193,300 $193,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 79680

APN: NANT-000-055-000-000-0002-87-000-000