NOT LISTED FOR SALE

6 Cachalot Ln Nantucket, MA 02554

Estimated Value: $3,245,000 - $3,722,000

0.47 Acre
$7,328,123 Price per Acre
20,473 Sq Ft Lot

Last Sold September 24, 2015

Last sale price $375,000

Est. 818% increase in value since last sale

Current estimated payment $19,482/month

405 Days on Market

About This Lot

As of September 2015

Vacant Land - Opportunity to own a great half acre lot in a quiet sub-division. The neighborhood is up and coming with many new homes. This is by far the best lot in the neighborhood. The buyer needs to perform tasks on an attached "punch list" (see documents), to release the lot from Planning Board and pull a building permit. To assist with the lot to being released from Planning Board, the bank (owner) will offer a mutually agreed upon credit at closing to perform tasks on "punch list". The bank (owner) will also consider offer financing to a qualified buyer.

Last Agent to Sell the Property

Carl Lindvall

William Raveis Nantucket Listed on: 07/16/2014

Last Buyer's Agent

Erin Lemberg Carson

Great Point Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,530

Lot Details

  • 0.47 Acre Lot
  • Property is zoned R20

Property Views

  • Views of Woods

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 857

Property Details

Property Type

Land

Est. Annual Taxes

$1,530

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.47
  • Special Features: None

Interior Features

  • Possible Use: 2007/46

Exterior Features

  • Lot Features: 10' wide no-cut buffer. 10' wide utility + pedestrian easement. See plan. This property has not been released from planning board, pending a punch-list to be completed by buyer prior to pulling a building permit. This lot is being sold in "as-is" condition.
  • Pool Private: No
  • View: None, Trees/Woods

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 20597
  • Number Of Lots: 1
  • Parcel #: 857
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 1530
  • Tax Lot: 3
  • Tax Map Number: 67
  • Tax Other Annual Assessment Amount: 393300
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Carson Scott and Carson Erin
Bought by
Carson Rt and Carson
Current Estimated Value
$3,444,218

Purchase Details

Listed on
Jul 16, 2014
Closed on
Sep 24, 2015
Sold by
Ebosco Llc
Bought by
Carson Erin and Carson Scott
Seller's Agent
Carl Lindvall
William Raveis Nantucket
Buyer's Agent
Erin Lemberg Carson
Great Point Properties
List Price
$475,000
Sold Price
$375,000
Premium/Discount to List
-$100,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.02%
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Carson Rt -- --
Carson Rt -- --
Carson Rt -- --
Carson Erin $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carson Rt $600,000
Closed Carson Rt $480,000
Previous Owner Carson Erin $250,000
Previous Owner Carson Erin $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $375,000 -21.1% --
08/25/2015 08/25/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $475,000 -- --
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 $9,020 $2,750,100 $742,200 $2,007,900
2024 $8,520 $2,721,900 $742,200 $1,979,700
2023 $5,463 $1,701,900 $706,800 $995,100
2022 $4,917 $1,314,800 $569,600 $745,200
2021 $4,844 $1,334,400 $589,200 $745,200
2020 $4,737 $1,372,900 $589,200 $783,700
2019 $4,637 $1,380,200 $588,600 $791,600
2018 $3,959 $1,121,400 $588,600 $532,800
2017 $1,829 $539,600 $539,600 $0
2016 $1,582 $470,900 $470,900 $0
2015 $1,497 $414,600 $414,600 $0
2014 $4,355 $1,158,300 $393,900 $764,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 79354

APN: NANT-000-067-000-000-0008-57-000-000