NOT LISTED FOR SALE

7 Heather Ln Nantucket, MA 02554

Estimated Value: $2,020,000 - $2,997,000

1.23 Acres
$2,038,992 Price per Acre
53,579 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $18,875,000 $11,782 Per Sq Ft

Current estimated payment $14,635/month

6 Days on Market

About This Lot

As of April 2022

Stunning views from one of the last remaining vacant lots in the coveted sound front Cliff area. The over sized lot allows for over 6,600 sqft of ground cover for a main house, guest cottage, cabana and garage studio. There are existing stairs to the beach and the lot has been partially cleared. If you are looking to build the ultimate Nantucket dream, this is the lot for you.

Last Listed By

J Pepper Frazier II

J Pepper Frazier Co. Listed on: 04/19/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,160

Year Built

  • 1992

Lot Details

  • 1.23 Acre Lot
  • Property is zoned R20

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 242

Property Details

Property Type

Land

Est. Annual Taxes

$7,160

Year Built

1992

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: Snd
  • Lot Size Acres: 1.23
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Possible Use: .

Exterior Features

  • Lot Features: None known.
  • Pool Private: No
  • View: Snd, Hrb

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 53578
  • Parcel #: 242
  • Zoning: R20

Tax Info

  • Tax Lot: .
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: 16277800
  • Tax Year: -1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Lemonade Properties Llc
Bought by
Johnson Kristen
Total Days on Market
6
Current Estimated Value
$2,507,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,052,500
Outstanding Balance
$981,598
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,471,938

Purchase Details

Closed on
Jun 30, 2017
Sold by
Andrew Schwartz Lt and Schwartz
Bought by
Lemonade Properties Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2006
Sold by
7 Heath Lane Nt and Hubbs
Bought by
Andrew Schwartz Ret and Schwartz

Purchase Details

Closed on
Apr 18, 2000
Sold by
Bartlett Cheryl A and Miller Bruce T
Bought by
Seven Heath Ln Nt and Hubbs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.24%

Purchase Details

Closed on
Jun 23, 1995
Sold by
Meara Patricia M
Bought by
Bartlett Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1992
Sold by
Falmouth Natl Bk
Bought by
Meara Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
8.57%
Mortgage Type
Purchase Money Mortgage

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
Johnson Kristen -- None Available
Johnson Kristen -- None Available
Lemonade Properties Ll $1,410,000 --
Andrew Schwartz Ret $1,600,000 --
Bartlett Cheryl A $295,000 --
Meara Patricia M $67,000 --
Lemonade Properties Ll $1,410,000 --
Andrew Schwartz Ret $1,600,000 --
Seven Heath Ln Nt $689,000 --
Bartlett Cheryl A $295,000 --
Meara Patricia M $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kristen $1,052,500
Closed Johnson Kristen $1,052,500
Previous Owner Lemonade Properties Ll $1,120,000
Previous Owner Bartlett Cheryl A $67,500
Previous Owner Bartlett Cheryl A $310,000
Previous Owner Bartlett Cheryl A $200,000
Previous Owner Meara Patricia M $160,000
Previous Owner Meara Patricia M $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $18,875,000 0.0% $11,782 / Sq Ft
04/19/2022 04/19/22 For Sale $18,875,000 -- $11,782 / 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 $7,160 $2,182,800 $1,011,100 $1,171,700
2024 $6,783 $2,167,100 $1,011,100 $1,156,000
2023 $5,744 $1,789,300 $963,000 $826,300
2022 $5,477 $1,464,400 $842,600 $621,800
2021 $5,316 $1,464,400 $842,600 $621,800
2020 $4,607 $1,335,300 $682,100 $653,200
2019 $4,487 $1,335,300 $682,100 $653,200
2018 $4,055 $1,148,800 $682,100 $466,700
2017 $3,751 $1,106,400 $652,000 $454,400
2016 $3,294 $980,300 $551,700 $428,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    J Pepper Frazier II

    J Pepper Frazier Co.

    (508) 680-6676

    79 Total Sales

    J Pepper Frazier II
    Section Image

  • E

    Buyer's Agent in 2022

    Erin Wilson

    Fisher Real Estate

    (508) 228-4407

    45 Total Sales

    Erin Wilson
    Section Image
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Map

Source: LINK

MLS Number: 89336

APN: NANT M:00076 P:00092

Massachusetts Nantucket County Nantucket 02554

7 Heather Ln, Nantucket, MA

Homes for Sale in Nantucket, MA

This home is located at 7 Heather Ln, Nantucket, MA 02554 since 19 April 2022 and is currently estimated at $2,507,960, approximately $1,565 per square foot. This property was built in 1992. 7 Heather Ln is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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