NOT LISTED FOR SALE

7 Raceway Dr Nantucket, MA 02554

Estimated Value: $2,693,000 - $3,527,000

4 Beds
2 Baths
2,832 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $1,370,000 $484 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $16,418/month

199 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of May 2019

Close to Miacomet Golf Course, Bartlett's Farm, and the south shore beaches this half acre lot has a wonderfully built 4 bedroom home. The lot allows for generous expansion or second dwelling opportunity. The expansive deck and yard allow for seamless indoor/outdoor entertaining.

Last Agent to Sell the Property

Brian Sullivan

Fisher Real Estate Listed on: 09/15/2018

Last Buyer's Agent

Janine Reynolds

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1993

Lot Details

  • 0.45 Acre Lot
  • Garden
  • Property is zoned R10

Home Design

  • 2,832 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 279

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.45
  • Garage Yn: No
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 28933-N Sheet 1 & 2
  • Appliances: Stove: Montague Grizzly - Commercial Gas Stove (6 Burners & Griddle), Washer: Whirlpool
  • Has Basement: Large finished basement with four bonus rooms and considerable room for storage. Access is available from interior stairs and exterior bulkhead. Basement is currently being used as a playroom, workout area, and at-home office space.
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Stove
  • Fireplace: No
  • Flooring: Carpet, Hardwood & Tile
  • Interior Amenities: Ins,Irr,OSh, Floor 1: The entry provides a mudroom with thoughtfully designed storage and laundry room. The back deck, outdoor shower and yard are accessed off the mudroom. To the left of the mudroom, the open-concept kitchen and dining room allow easy entertaining with access to the commercially permitted stove and range. The living room offers plenty of space for seating and can be warmed with the wood stove. A guest bedroom and one full bathroom completes the first floor. All bathrooms were renovated in 2015 with new cabinets and countertops. Custom woodwork and details can be seen throughout this home., Floor 2: Dark hardwood stairs lead to the carpeted second floor. The master bedroom, two additional bedrooms and one full bathroom complete this floor. The master bedroom has considerable space with a sitting area and walk-in closet. The additional two bedrooms have custom double-door closets with ample storage space.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Large yard.
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Ample parking for 4+ cars.

Utilities

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

Lot Info

  • Lot Size Sq Ft: 19602
  • Parcel #: 279
  • Zoning: R10

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3673
  • Tax Lot: 131
  • Tax Map Number: 66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
May 14, 2019
Sold by
Daily Francis J
Bought by
Daily Tracy A
Seller's Agent
Brian Sullivan
Fisher Real Estate
Buyer's Agent
Janine Reynolds
William Raveis Nantucket
List Price
$1,425,000
Sold Price
$1,370,000
Premium/Discount to List
-$55,000
-3.86%
Current Estimated Value
$3,036,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,666,446
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
May 2, 2011
Sold by
Powers Christopher J and Powers Samantha S
Bought by
Daily Frances J and Daily Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Maugel Brent A
Bought by
Powers Christopher J and Powers Samantha Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2000
Sold by
Dennae Christian R and Dennae Rhonda J
Bought by
Maugel Brent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1993
Sold by
Prog Cons Fcu
Bought by
Dennae Christian R and Dennae Rhonda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daily Tracy A -- --
Daily Tracy A -- --
Daily Frances J $785,000 --
Daily Frances J $785,000 --
Powers Christopher J $758,000 --
Powers Christopher J $758,000 --
Maugel Brent A $525,000 --
Maugel Brent A $525,000 --
Dennae Christian R $48,000 --
Dennae Christian R $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daily Frances J $550,000
Previous Owner Powers Christopher J $760,000
Previous Owner Powers Christopher J $80,680
Previous Owner Maugel Brent A $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $1,370,000 -3.9% $484 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,425,000 -- $503 / 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 $6,475 $1,974,000 $706,200 $1,267,800
2024 $6,055 $1,934,400 $706,200 $1,228,200
2023 $5,254 $1,636,700 $673,200 $963,500
2022 $5,184 $1,386,000 $544,000 $842,000
2021 $5,024 $1,384,100 $562,800 $821,300
2020 $3,609 $1,046,000 $562,800 $483,200
2019 $3,496 $1,040,600 $557,400 $483,200
2018 $1,464 $919,300 $557,400 $361,900
2017 $2,959 $872,900 $511,000 $361,900
2016 $2,714 $807,800 $445,900 $361,900
2015 $2,761 $764,700 $402,800 $361,900
2014 $2,800 $744,600 $382,700 $361,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Sullivan

    Seller's Agent in 2019

    Brian Sullivan

    Fisher Real Estate

    (508) 414-1878

    77 in this area

    77 Total Sales

    Brian Sullivan
    Section Image

  • J

    Buyer's Agent in 2019

    Janine Reynolds

    William Raveis Nantucket

See All Agents

Map

Source: LINK

MLS Number: 84973

APN: NANT-000-066-000-000-0002-79-000-000

Massachusetts Nantucket County Nantucket 02554

7 Raceway Dr, Nantucket, MA

Not Listed for Sale

Detached

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