NOT LISTED FOR SALE

7 Austine Locke Way Nantucket, MA 02554

Estimated Value: $4,071,000 - $5,448,000

4 Beds
3.5 Baths
2,664 Sq Ft
$1,737/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $2,300,000 $863 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $26,771/month

182 Days on Market

Highlights

  • Ocean View
  • Deck
  • Porch

About This Home

As of August 2012

This beautiful, well maintained upside down home offers stunning ocean views and is only a stone's throw from the beach.  Featuring four bedrooms, including two private suites, 3.5 baths, a wonderful open great room with cathedral ceilings and stone fireplace, this home provides ample living spaces both inside and out.  The grounds are nicely landscaped and there is a path that leads down a sandy road to the ocean.  Some of the amenities include central air conditioning, hardwood floors, irrigation system, oversized one car garage and a fabulous location in the quinessential beach neighborhood of Cisco.

Last Agent to Sell the Property

Mimi Huber

Lee Real Estate Listed on: 02/01/2012

Last Buyer's Agent

Betsy Holden

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 1985

Lot Details

  • 0.67 Acre Lot
  • Property is zoned LUG2

Home Design

  • Block Foundation

Interior Spaces

  • 2,664 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 51

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,455

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.67
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: LC Plan 36551-B
  • Appliances: Stove: Gas, Washer: Yes
  • Has Basement: Crawl.
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Hardwood/Tile
  • Interior Amenities: AC,Ins,OSh, Floor 1: Entrance hall with tile floor and stairs leading to second floor; two guest bedrooms that share a full hall bath, guest suite with private full bath (T/S); laundry/mudroom with door to oversized one car garage., Floor 2: Spacious open great room with cathedral ceilings includes living room with stone fireplace, kitchen with tumbled stone counters and custom cabinetry and dining area; powder room; master bedroom with cathedral ceiling, skylight and private bath with large whirlpool tub and separate stall shower.  Patio doors from both the living room and master bedroom lead out to south facing deck with spectacular unobstructed ocean views
  • Main Level Bedrooms: 3

Exterior Features

  • Lot Features: See COT #12630, Yes
  • Pool Private: No
  • View: Ocean, None
  • Exterior Features: Deck, Porch
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 29185
  • Parcel #: 51
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 5455
  • Tax Lot: 17
  • Tax Map Number: 82
  • Tax Other Annual Assessment Amount: 1072200
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2012
Sold by
Bloomstone Benjamin R and Bloomstone Amy J
Bought by
Scotia T Ltd
Total Days on Market
182
Current Estimated Value
$4,627,915

Purchase Details

Listed on
Feb 1, 2012
Closed on
Aug 31, 2012
Sold by
Obrien Richard F
Bought by
Bloomstone Benjamin R and Bloomstone Amy J
Seller's Agent
Mimi Huber
Lee Real Estate
Buyer's Agent
Betsy Holden
William Raveis Nantucket
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Source: Public Records

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Range of Values:

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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
Scotia T Ltd -- --
Scotia T Ltd -- --
Bloomstone Benjamin R $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Suzanne M $1,000,000
Previous Owner Sullivan Suzanne M $550,000
Previous Owner Sullivan Suzanne M $75,000
Previous Owner Sullivan Suzanne M $345,000
Previous Owner Sullivan Philip H $300,000
Previous Owner Sullivan Philip H $203,150
Previous Owner Sullivan Philip H $210,000
Previous Owner Sullivan Philip H $191,250
Previous Owner Sullivan Philip H $75,000
Closed Bloomstone Benjamin R $0
Closed Bloomstone Benjamin R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $2,300,000 -7.8% $863 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $2,495,000 -- $937 / 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 $10,987 $3,349,600 $2,350,700 $998,900
2024 $10,241 $3,272,000 $2,287,100 $984,900
2023 $9,230 $2,875,400 $2,178,300 $697,100
2022 $7,987 $2,135,500 $1,613,600 $521,900
2021 $7,386 $2,034,600 $1,512,700 $521,900
2020 $7,635 $2,212,900 $1,664,000 $548,900
2019 $7,435 $2,212,900 $1,664,000 $548,900
2018 $6,731 $1,906,900 $1,411,900 $495,000
2017 $7,013 $2,068,700 $1,593,400 $475,300
2016 $6,924 $2,060,800 $1,613,600 $447,200
2015 $7,046 $1,951,900 $1,535,700 $416,200
2014 $6,989 $1,858,800 $1,442,600 $416,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 75830

APN: 79 -97