NOT LISTED FOR SALE

7 New Mill St Nantucket, MA 02554

Estimated Value: $3,331,872 - $4,416,000

4 Beds
3.5 Baths
2,283 Sq Ft
$1,764/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $3,550,000 $1,555 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,711/month

72 Days on Market

Highlights

  • Deck
  • Porch
  • Garden
  • Furnished
  • Patio

About This Home

As of September 2022

Located just two blocks from Main Street, this exceptional four bedroom, three and one half bath home has been thoughtfully renovated combining modern living with significant historic integrity. Many of the original materials were saved, including moldings, trim, floors, and original hardware. The kitchen, dining room, and spacious gathering area opens to the covered porch and stunning backyard with lovingly cared-for perennial gardens and a storage shed.

Last Agent to Sell the Property

Kathy Gallaher

Maury People Sotheby's International Realty Listed on: 06/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 1820

Lot Details

  • 5,060 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • Stone Foundation

Interior Spaces

  • 2,283 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,116

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1161
  • Year Built: 1820
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Possible Use: Plan 16, page 117
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 6
  • Fireplace: No
  • Flooring: Wood and Tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Enter into the house through a spacious foyer with home office and half bath directly off of the hallway. The living room has high ceilings, a fireplace and original historic features still intact. Pass through to the large family room that opens to the dining room and kitchen providing easy access to the covered porch. The thoughtfully designed kitchen with original exposed beams, high ceilings, eat-in counter, custom cabinetry and high end appliances is the heart of the house. The French Doors off of the kitchen lead to a private, hedged in outdoor dining area and outdoor shower. The laundry room is perfectly situated off of the kitchen. The back staircase leads to the rear second floor bedroom and newly renovated shower bath., Floor 2: Master Suite with shower bath. Two additional bedrooms share a newly renovated bath., Floor 3: Large third floor bedroom with full bath.

Exterior Features

  • Lot Features: None Known, Gorgeous private yard
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: Stone
  • Other Structures: Shed

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5060
  • Parcel #: 44
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 4116
  • Tax Lot: .
  • Tax Map Number: 5544
  • Tax Other Annual Assessment Amount: 966000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Sep 26, 2022
Sold by
Riesenbach James E and Riesenbach Deborah S
Bought by
Shimmo Investments Llc
Seller's Agent
Kathy Gallaher
Maury People Sotheby's International Realty
List Price
$3,995,000
Sold Price
$3,550,000
Premium/Discount to List
-$445,000
-11.14%
Current Estimated Value
$4,027,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,718
Avg. Annual Appreciation
4.43%

Purchase Details

Listed on
Sep 5, 2011
Closed on
Jul 2, 2013
Sold by
Goetze Nancy L
Bought by
Riesenbach James E and Riesenbach Deborah S
Seller's Agent
David Callahan
Jordan Real Estate
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$1,240,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1994
Sold by
Macy Dolorey G and Thomas Macy J
Bought by
Goetze Nancy L

Purchase Details

Closed on
Jan 20, 1988
Sold by
Maclain Scott Est
Bought by
Macy J Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
10.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shimmo Investments Llc $3,550,000 None Available
Shimmo Investments Llc $3,550,000 None Available
Shimmo Investments Llc $3,550,000 None Available
Riesenbach James E $1,550,000 --
Goetze Nancy L $620,800 --
Goetze Nancy L $620,800 --
Macy J Thomas $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riesenbach James E $1,200,000
Previous Owner Macy J Thomas $1,240,000
Previous Owner Macy J Thomas $357,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $3,550,000 -11.1% $1,555 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $3,995,000 +157.7% $1,750 / Sq Ft
07/02/2013 07/02/13 Sold $1,550,000 -11.4% $679 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
09/05/2011 09/05/11 For Sale $1,750,000 -- $767 / 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 $9,689 $2,954,100 $923,600 $2,030,500
2024 $9,401 $3,003,500 $1,003,900 $1,999,600
2023 $6,518 $2,030,400 $879,500 $1,150,900
2022 $58 $1,539,600 $573,600 $966,000
2021 $6,235 $1,717,600 $637,300 $1,080,300
2020 $6,544 $1,896,900 $637,300 $1,259,600
2019 $6,419 $1,910,300 $637,300 $1,273,000
2018 $6,008 $1,669,900 $726,600 $943,300
2017 $5,547 $1,636,300 $726,600 $909,700
2016 $5,444 $1,620,100 $701,100 $919,000
2015 $5,906 $1,635,900 $715,000 $920,900
2014 $5,411 $1,439,100 $704,000 $735,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy Gallaher

    Maury People Sotheby's International Realty

    (508) 560-0078

    58 in this area

    58 Total Sales

    Kathy Gallaher
    Section Image

  • D

    Seller's Agent in 2013

    David Callahan

    Jordan Real Estate

  • M

    Buyer's Agent in 2013

    Member Non

    cci.unknownoffice

See All Agents

Map

Source: LINK

MLS Number: 89550

APN: NANT-005-544-000-000-0000-44-000-000

Massachusetts Nantucket County Nantucket 02554

7 New Mill St, Nantucket, MA

This home is located at 7 New Mill St, Nantucket, MA 02554 since 17 June 2022 and is currently estimated at $4,027,718, approximately $1,764 per square foot. This property was built in 1820. 7 New Mill St 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.

Nearby Homes