NOT LISTED FOR SALE

7 Mill St Nantucket, MA 02554

Estimated Value: $5,931,000 - $6,559,000

0.53 Acre
$11,921,803 Price per Acre
22,956 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $2,380,000

Est. 162% increase in value since last sale

Current estimated payment $35,612/month

About This Lot

As of April 2022

This is an exceptionally rare offering: a beautiful half-acre property sitting high on a hill in the historic Old Mill Neighborhood. The experienced and talented team of Sophie Metz Design and Hanley Development are currently working through the design process to create a generational in-town property. Concealed by mature trees, this special, private lot offers the best of town living and new construction.

Last Agent to Sell the Property

Nantucket CompLINK

LINK Listing Information Network Listed on: 04/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,031

Year Built

  • Built in 2022

Lot Details

  • 0.53 Acre Lot
  • Property is zoned ROH

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 77 (portion of)

Property Details

Property Type

Land

Est. Annual Taxes

$17,031

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.527
  • Garage Yn: No
  • Year Built: 2022
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: LC Plan 42885-H
  • Appliances: Stove: Bosch, Washer: Bosch
  • Has Basement: Based on the change in topography, the lower level will be bathed in light and feel like an above grade experience. This level is set up to house a guest suite and a bunk room, a home gym and additional living space.
  • Fireplace Features: Yes
  • Flooring: Hardwood
  • Interior Amenities: Floor 1: As you enter the property, you are enveloped in light and look through the main living room over the historic neighborhood of Nantucket. The open floor plan leads you past the stairs to the inclusive and expansive kitchen featuring a light filled dining area, small seating area and spacious kitchen, which sits off a convenient mud room. On the opposite side of the house sits a private primary suite., Floor 2: The large landing leads you to three oversized guest suites all complete with baths and large closets. All rooms are capable of managing multiple beds or additional living space within the room.

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Res
  • Foundation Details: Poured
  • Other Structures: A separate garage will be permitted on the property with the ability to finish off the second floor for a second dwelling.

Garage/Parking

  • Parking Features: Yes, ample off-street parking.

Utilities

  • Heating: GFHA
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 22960
  • Parcel #: 77 (portion of)
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Lot: 33
  • Tax Map Number: 55.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2016
Sold by
Liddle Edmund W and Tosch Amanda A
Bought by
Pippa Rt and Liddle
Current Estimated Value
$6,245,083
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
Pippa Rt -- --
Pippa Rt -- --
Pippa Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pippa Rt $1,336,000
Closed Pippa Rt $500,000
Closed Pippa Rt $500,000
Previous Owner Liddle Edmund W $660,000
Previous Owner Liddle Edmund W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $2,380,000 -- --
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 $17,031 $5,192,300 $2,177,700 $3,014,600
2024 $15,678 $5,009,100 $2,218,100 $2,791,000
2023 $13,904 $4,331,500 $2,112,200 $2,219,300
2022 $14,154 $3,784,500 $1,920,200 $1,864,300
2021 $12,343 $3,400,400 $1,536,100 $1,864,300
2020 $12,396 $3,592,900 $1,664,100 $1,928,800
2019 $12,210 $3,633,900 $1,664,100 $1,969,800
2018 $12,202 $3,456,700 $1,600,100 $1,856,600
2017 $11,566 $3,411,900 $1,555,300 $1,856,600
2016 $10,505 $3,126,500 $1,536,100 $1,590,400
2015 $10,948 $3,032,700 $1,242,100 $1,790,600
2014 $10,277 $2,733,300 $1,242,100 $1,491,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 89343

APN: NANT-004-233-000-000-0001-94-000-000