N
Seller's Agent in 2021
Nantucket CompLINK
LINK Listing Information Network
423 in this area
424 Total Sales
6 New Ln Nantucket, MA 02554
2
Beds
1
Bath
1,109
Sq Ft
0.25
Acres
About This Home
As of November 2021Rare opportunity just off Main Street! A short walk to dining, shopping, and the best of what Nantucket has to offer, this oversized parcel in town allows for a two lot subdivision. Lot 1 currently has a 2 bedroom, 1 bathroom cottage, built by hand by the homeowner's father in 1950. The cottage contains hardwood floors, a full basement, attic and outdoor shower. Lot 2 allows for 1,500 SF of ground cover, a second dwelling, and the possibility for a pool.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,208
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Property is zoned R1
Home Design
- 1,109 Sq Ft Home
- Block Foundation
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Cable TV Available
Listing and Financial Details
- Tax Lot Lot 1 and Lot 2
- Assessor Parcel Number 294
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Nov 6, 2021
Sold by
6 New Lane Llc
Bought by
6 N Lane Llc
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$4,800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,052
Avg. Annual Appreciation
5.29%
Original Mortgage
$3,546,400
Outstanding Balance
$3,250,566
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,618,486
Purchase Details
Listed on
Oct 28, 2020
Closed on
Mar 5, 2021
Sold by
Sullivan & Krueger Ft
Bought by
6 New Lane Llc
Seller's Agent
Melanie Gowen
William Raveis Nantucket
Buyer's Agent
Kate Kling
J Pepper Frazier Co.
List Price
$3,850,000
Sold Price
$3,675,000
Premium/Discount to List
-$175,000
-4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.10%
Original Mortgage
$2,388,750
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 24, 2017
Closed on
Sep 18, 2018
Sold by
Bj Ret
Bought by
Sullivan & Krueger Ft
Seller's Agent
Tamara Greenman
J Pepper Frazier Co.
Buyer's Agent
Susan Shepherd
Shepherd Real Estate
List Price
$1,790,000
Sold Price
$1,740,000
Premium/Discount to List
-$50,000
-2.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.52%
Purchase Details
Closed on
May 23, 2007
Sold by
Jones Bonita L
Bought by
B J Ret and Jones
Purchase Details
Closed on
Oct 17, 2006
Sold by
Crowley Linda L and Jones Bonita L
Bought by
Crowley Linda L and Jones Bonita L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $4,800,000 | None Available | |
| Not Resolvable | $3,675,000 | None Available | |
| Not Resolvable | $1,740,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,546,400 | Purchase Money Mortgage | |
| Closed | $3,546,400 | Purchase Money Mortgage | |
| Previous Owner | $2,388,750 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $203,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2021 11/10/21 | Sold | $4,800,000 | +30.6% | $1,377 / Sq Ft |
| 03/05/2021 03/05/21 | Sold | $3,675,000 | -4.5% | $848 / Sq Ft |
| 02/03/2021 02/03/21 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | For Sale | $3,850,000 | +121.3% | $888 / Sq Ft |
| 09/18/2018 09/18/18 | Sold | $1,740,000 | -2.8% | $1,569 / Sq Ft |
| 08/19/2018 08/19/18 | Pending | -- | -- | -- |
| 04/24/2017 04/24/17 | For Sale | $1,790,000 | -- | $1,614 / Sq Ft |
Source: LINK
Tax History Compared to Growth
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 | $18,232 | $5,558,600 | $928,800 | $4,629,800 |
| 2024 | $16,576 | $5,296,000 | $1,009,600 | $4,286,400 |
| 2023 | $13,694 | $4,266,100 | $884,600 | $3,381,500 |
| 2022 | $7,166 | $1,916,100 | $577,000 | $1,339,100 |
| 2021 | $3,682 | $1,014,400 | $641,100 | $373,300 |
| 2020 | $5,424 | $1,572,100 | $1,321,000 | $251,100 |
| 2019 | $3,018 | $898,100 | $647,000 | $251,100 |
| 2018 | $3,290 | $931,900 | $737,600 | $194,300 |
| 2017 | $3,207 | $946,100 | $737,600 | $208,500 |
| 2016 | $2,973 | $884,700 | $711,700 | $173,000 |
| 2015 | $3,248 | $899,700 | $726,700 | $173,000 |
| 2014 | $3,341 | $888,600 | $715,600 | $173,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nantucket CompLINK
-
Melanie Gowen
Seller's Agent in 2021
Melanie Gowen
William Raveis Nantucket
(202) 365-0240
14 in this area
14 Total Sales
-
Kate Kling
K
Buyer's Agent in 2021
Kate Kling
J Pepper Frazier Co.
12 in this area
12 Total Sales
-
Tamara Greenman
T
Seller's Agent in 2018
Tamara Greenman
J Pepper Frazier Co.
(516) 359-9013
8 in this area
8 Total Sales
-
Susan Shepherd
S
Buyer's Agent in 2018
Susan Shepherd
Shepherd Real Estate
(508) 221-1433
22 in this area
22 Total Sales
Map
Source: LINK
MLS Number: 83099
APN: NANT-000-041-000-000-0002-94-000-000
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