NOT LISTED FOR SALE

7 2nd Way Nantucket, MA 02554

Estimated Value: $1,700,000 - $1,967,863

4 Beds
3 Baths
2,050 Sq Ft
$902/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $1,600,000 $780 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,111/month

76 Days on Market

About This Home

As of December 2023

Rare development opportunity at the end of a quiet cul-de-sac. Approved for subdivision by Planning Board. Zoning allows for duplexes. Centrally located within walking distance of bike paths, Wave stops, and shopping. Currently, a spacious 4 bedroom, 3 full bath home is on the property with a shed and multiple off street parking spaces.

Last Agent to Sell the Property

Gary Winn

Maury People Sotheby's International Realty Listed on: 08/28/2023

Last Buyer's Agent

Mark Norris

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1970

Lot Details

  • 10,416 Sq Ft Lot
  • Property is zoned R1

Home Design

  • 2,050 Sq Ft Home

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 192

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2391
  • Garage Yn: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Plat Book 16, Page 88
  • Appliances: Stove: Gas, Washer: Yes
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: 2
  • Interior Amenities: Ins, Floor 1: Open kitchen, dining, living area. Second large living room/den. First floor bedroom. Full bath with laundry off kitchen pantry area., Floor 2: Master with full bath en-suite. Two additional bedrooms with another full bath., Floor 3: Attic
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Sewer easement, Large front, back, and side yards
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Porch, Deck
  • Foundation Details: Crawl
  • Other Structures: Shed

Garage/Parking

  • Parking Features: Multiple Car Parking

Utilities

  • Heating: Electric
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 10416
  • Parcel #: 192
  • Zoning: R1

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1800
  • Tax Lot: 9
  • Tax Map Number: 56
  • Tax Other Annual Assessment Amount: 445200
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Dec 8, 2023
Sold by
Eldridge Marcia T Est and Eldridge
Bought by
Baker Michael and Ambrose Carly
Seller's Agent
Gary Winn
Maury People Sotheby's International Realty
Buyer's Agent
Mark Norris
Maury People Sotheby's International Realty
List Price
$2,385,000
Sold Price
$1,600,000
Premium/Discount to List
-$785,000
-32.91%
Views
42
Current Estimated Value
$1,848,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,216
Avg. Annual Appreciation
13.69%
Original Mortgage
$1,120,000
Outstanding Balance
$1,104,832
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$916,142

Purchase Details

Closed on
Oct 5, 1988
Sold by
Burns William H
Bought by
Elderidge Marcia T

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
10.64%
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
Baker Michael $1,600,000 None Available
Baker Michael $1,600,000 None Available
Baker Michael $1,600,000 None Available
Elderidge Marcia T $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Michael $1,120,000
Closed Baker Michael $1,120,000
Previous Owner Elderidge Marcia T $20,000
Previous Owner Elderidge Marcia T $110,000
Previous Owner Elderidge Marcia T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $1,600,000 -19.8% $780 / Sq Ft
09/05/2023 09/05/23 Price Changed $1,995,000 -16.4% $973 / Sq Ft
07/31/2023 07/31/23 For Sale $2,385,000 -- $1,163 / 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 $3,748 $1,142,800 $484,200 $658,600
2024 $3,425 $1,094,400 $450,800 $643,600
2023 $2,950 $919,000 $445,200 $473,800
2022 $2,709 $724,400 $372,200 $352,200
2021 $2,701 $744,000 $391,800 $352,200
2020 $2,631 $762,700 $391,800 $370,900
2019 $2,289 $681,200 $310,300 $370,900
2018 $2,574 $729,200 $395,800 $333,400
2017 $2,378 $701,500 $377,400 $324,100
2016 $2,233 $664,500 $349,800 $314,700
2015 $1,992 $551,900 $265,200 $286,700
2014 $1,950 $518,700 $232,000 $286,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gary Winn

    Maury People Sotheby's International Realty

    (508) 228-1881

    34 in this area

    34 Total Sales

    Gary Winn
    Section Image

  • M

    Buyer's Agent in 2023

    Mark Norris

    Maury People Sotheby's International Realty

    (508) 566-2013

    10 in this area

    10 Total Sales

    Mark Norris
    Section Image
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Map

Source: LINK

MLS Number: 90550

APN: NANT-000-055-000-000-0000-97-000-000

Massachusetts Nantucket County Nantucket 02554

7 2nd Way, Nantucket, MA

This home is located at 7 2nd Way, Nantucket, MA 02554 since 28 August 2023 and is currently estimated at $1,848,216, approximately $901 per square foot. This property was built in 1970. 7 2nd Way 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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