NOT LISTED FOR SALE

7 Jonathan Way Nantucket, MA 02554

Estimated Value: $3,106,000 - $4,235,755

4 Beds
2.5 Baths
2,400 Sq Ft
$1,511/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $1,615,000 $673 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $20,123/month

73 Days on Market

Highlights

  • Ocean View
  • 1.14 Acre Lot
  • Tennis Courts
  • Spa
  • Deck
  • Porch

About This Home

As of April 2016

Casual beach house with terrific views of the pond, ocean and conservation land. Easy summer living with a pool, four bedrooms and excellent rental potential. Private and quiet!

Last Agent to Sell the Property

Kathryn Hatcher

Maury People Sotheby's International Realty Listed on: 09/21/2015

Last Buyer's Agent

Carolyn Durand

Lee Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,518

Year Built

  • Built in 1997

Lot Details

  • 1.14 Acre Lot
  • Property is zoned LUG3

Property Views

  • Ocean
  • Pasture

Home Design

  • Block Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 591
  • Assessor Parcel Number 40

Community Details

Overview

  • Association fees include potne road maintenance - optional tennis $350

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,518

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Garage Yn: No
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: 5004-24
  • Appliances: Stove: Magic Chef, Washer: Whirlpool
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: A,Ins,Irr,OSh, Floor 1: Foyer, three bedrooms share a bath and utility room., Floor 2: Open concept - kitchen, living and dining, deck. Half bath. Master with private bath and private deck.
  • Main Level Bedrooms: 3

Exterior Features

  • Lot Features: See Deed., Yes
  • Pool Private: No
  • View: Ocean, Pasture
  • Exterior Features: Deck, Porch, P/Pool, C/Tennis, H/Tub
  • Foundation Details: Block

Garage/Parking

  • Parking Features: 4

Utilities

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

Condo/Co-op/Association

  • Association Fee: 350

Fee Information

  • Association Fee Includes: POTNE Road Maintenance - Optional tennis $350

Lot Info

  • Lot Size Sq Ft: 49658
  • Parcel #: 40
  • Zoning: LUG3

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5518
  • Tax Lot: 591
  • Tax Map Number: 704
  • Tax Other Annual Assessment Amount: 864000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Apr 13, 2016
Sold by
Sobran Gray R and Sobran Beverly K
Bought by
Eastwinds Llc
Seller's Agent
Kathryn Hatcher
Maury People Sotheby's International Realty
Buyer's Agent
Carolyn Durand
Lee Real Estate
List Price
$1,795,000
Sold Price
$1,615,000
Premium/Discount to List
-$180,000
-10.03%
Current Estimated Value
$3,627,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,012,439
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Nathan Jay and Williams Carol L
Bought by
Sorbran Gray R and Sobran Beverly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Eastwinds Llc $1,615,000 --
Sorbran Gray R $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sobran Gray R $1,400,000
Previous Owner Sorbran Gray R $400,000
Previous Owner Nathan Jay $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $1,615,000 -10.0% $673 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $1,795,000 -- $748 / 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 $11,587 $3,532,500 $1,563,900 $1,968,600
2023 $9,413 $2,932,500 $1,489,500 $1,443,000
2022 $8,941 $2,390,600 $1,303,200 $1,087,400
2021 $8,718 $2,401,600 $1,303,200 $1,098,400
2020 $7,660 $2,220,300 $1,054,900 $1,165,400
2019 $6,022 $1,792,400 $1,054,900 $737,500
2018 $5,326 $1,508,900 $1,054,900 $454,000
2017 $5,916 $1,745,200 $1,008,400 $736,800
2016 $5,275 $1,569,900 $853,300 $716,600
2015 $5,368 $1,486,900 $864,800 $622,100
2014 $5,591 $1,486,900 $864,800 $622,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kathryn Hatcher

    Maury People Sotheby's International Realty

  • C

    Buyer's Agent in 2016

    Carolyn Durand

    Lee Real Estate

    (508) 228-2315

    42 in this area

    42 Total Sales

    Carolyn Durand
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Map

Source: LINK

MLS Number: 81141

APN: NANT-000-075-000-000-0000-40-000-000

Massachusetts Nantucket County Nantucket 02554

7 Jonathan Way, Nantucket, MA

This home is located at 7 Jonathan Way, Nantucket, MA 02554 since 21 September 2015 and is currently estimated at $3,627,439, approximately $1,511 per square foot. This property was built in 1997. 7 Jonathan Way 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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