NOT LISTED FOR SALE

6 Magnolia Ave Nantucket, MA 02554

Estimated Value: $2,096,000 - $3,690,000

3 Beds
2 Baths
1,225 Sq Ft
$2,392/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $920,000 $751 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $16,513/month

454 Days on Market

Highlights

  • Ocean View
  • Deck
  • Porch

About This Home

As of November 2019

"Rosehip" retains its rustic charm and sentimentality after three generations of one family. From the front porch you can feel the summer days of old on this very special street. Magnolia is a quiet shelled lane with the ocean at the eastern horizon. The sense of place here is much like the charm of Sconset village. With full sun beaming in the morning, afternoon sun at the rear and a great space on the west side of the house you have the full compliment of light here. Circa 1800, the building is suspected to have been a carriage house or stable and the space within could be opened up to accent that beautifully. Another special location feature is the public stairs to the beach just across Ocean Avenue.

Last Agent to Sell the Property

Carolyn Durand

Lee Real Estate Listed on: 07/21/2018

Last Buyer's Agent

Sarah Maneikis

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1800

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned SOH

Interior Spaces

  • 1,225 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 57

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,183

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.07
  • Year Built: 1800
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Plan File 2--B
  • Appliances: Stove: Electric, Washer: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Yes
  • Fireplace: No
  • Interior Amenities: OSh, Floor 1: The front of the house is the original 1800s space. Fabulous front porch opens to living room. The back of the house addition has great windows and light with kitchen, living and dining space. Half bath with washer & dryer. Side doors on both East & West with room around the house for garden, patio or addition. On the West there is a connecting deck to the shed storage with roof above., Floor 2: Stairs open to a large landing that has been a great sleeping loft. There is a generous open living or sleeping space and two proper bedrooms with a full bath.

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: D/Oc, Res
  • Exterior Features: Deck, Porch
  • Other Structures: The "Rosehip" quarterboard is available to the Buyer who wants to keep otherwise the family would like to retain it.

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3049
  • Parcel #: 57
  • Zoning: SOH

Tax Info

  • Tax Annual Amount: 4183
  • Tax Lot: 3
  • Tax Map Number: 7331
  • Tax Other Annual Assessment Amount: 619900
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2018
Closed on
Oct 29, 2019
Sold by
6 Magnolia Nt
Bought by
6 Magnolia Ave Llc
Seller's Agent
Carolyn Durand
Lee Real Estate
Buyer's Agent
Sarah Maneikis
Great Point Properties
List Price
$1,400,000
Sold Price
$920,000
Premium/Discount to List
-$480,000
-34.29%
Current Estimated Value
$2,929,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,009,948
Avg. Annual Appreciation
22.19%
Original Mortgage
$736,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
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
6 Magnolia Ave Llc $920,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6 Magnolia Ave Llc $2,145,000
Closed 6 Magnolia Ave Llc $2,160,000
Closed 6 Magnolia Ave Llc $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $920,000 -34.3% $751 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
07/21/2018 07/21/18 For Sale $1,400,000 -- $1,143 / 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 $6,957 $2,120,900 $1,009,000 $1,111,900
2024 $6,343 $2,026,500 $943,900 $1,082,600
2023 $5,305 $1,652,800 $836,900 $815,900
2022 $2,746 $734,200 $568,300 $165,900
2021 $3,204 $882,700 $619,900 $262,800
2020 $4,236 $1,227,700 $619,900 $607,800
2019 $4,125 $1,227,700 $619,900 $607,800
2018 $4,026 $1,140,400 $697,400 $443,000
2017 $4,129 $1,218,000 $795,600 $422,400
2016 $4,197 $1,249,000 $826,600 $422,400
2015 $4,246 $1,176,100 $733,100 $443,000
2014 $3,871 $1,029,500 $586,500 $443,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carolyn Durand

    Lee Real Estate

    (508) 228-2315

    42 in this area

    42 Total Sales

    Carolyn Durand
    Section Image

  • S

    Buyer's Agent in 2019

    Sarah Maneikis

    Great Point Properties

    (508) 982-8808

    12 in this area

    12 Total Sales

    Sarah Maneikis
    Section Image
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Map

Source: LINK

MLS Number: 84768

APN: NANT-007-331-000-000-0000-57-000-000

Massachusetts Nantucket County Nantucket 02554

6 Magnolia Ave, Nantucket, MA

This home is located at 6 Magnolia Ave, Nantucket, MA 02554 since 21 July 2018 and is currently estimated at $2,929,948, approximately $2,391 per square foot. This property was built in 1800. 6 Magnolia Ave is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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