NOT LISTED FOR SALE

7 Salros Rd Nantucket, MA 02554

Estimated Value: $2,079,196

6 Beds
4 Baths
3,418 Sq Ft
$608/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $1,199,500 $351 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $11,024/month

7 Days on Market

About This Home

As of February 2018

One three bed two bath apt. One two bed one bath apt. One one bed one bath apt. One commercial shop. Ground cover left to build is 900 sf. Storage area in rear of first floor.

Last Agent to Sell the Property

Jim Cooper

Grey Lady Properties Listed on: 10/16/2017

Last Buyer's Agent

Bruce Beni

Lee Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 1987

Lot Details

  • 10,454

Interior Spaces

  • 3,418 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Deck
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,936

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Multi Family
  • Road Frontage Type: None
  • Lot Size Acres: 0.24
  • Garage Yn: No
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: B22 P63
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: None
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: 3
  • Interior Amenities: A,Ins, Floor 1: Commercial shop. One bedroom apt., Floor 2: One two bedroom apt. One three bedroom apt., Floor 3: Remainder of three bedroom apt. Storage.
  • Main Level Bedrooms: 2

Exterior Features

  • Lot Features: Check Plan, Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10454
  • Parcel #: 104
  • Zoning: RC2

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 3936
  • Tax Lot: 8
  • Tax Map Number: 67
  • Tax Other Annual Assessment Amount: 297400
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Feb 14, 2018
Sold by
Seven Salros Ret
Bought by
Ready Ack Properties L
Seller's Agent
Jim Cooper
Grey Lady Properties
Buyer's Agent
Bruce Beni
Lee Real Estate
List Price
$1,199,500
Sold Price
$1,199,500
Current Estimated Value
$2,079,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$879,696
Avg. Annual Appreciation
7.47%
Original Mortgage
$960,000
Outstanding Balance
$681,264
Interest Rate
3.95%
Mortgage Type
Closed End Mortgage
Estimated Equity
$1,397,932

Purchase Details

Closed on
Oct 8, 2010
Sold by
Palchanis Daniel E and Palchanis Jennifer Lee
Bought by
Seven Salros Rt and Palchanis

Purchase Details

Closed on
Nov 1, 1995
Sold by
Rose Shari N
Bought by
Palchanis Daniel E and Jennifer Lee Cooper
Source: Public Records

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
Ready Ack Properties L $1,199,500 --
Seven Salros Rt -- --
Seven Salros Rt -- --
Seven Salros Rt -- --
Palchanis Daniel E $230,000 --
Palchanis Daniel E $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ready Ack Properties L $960,000
Closed Ready Ack Properties L $960,000
Previous Owner Palchanis Daniel E $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2018 02/14/18 Sold $1,199,500 0.0% $351 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
10/14/2017 10/14/17 For Sale $1,199,500 -- $351 / 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 -- $2,658,600 $664,600 $1,994,000
2024 -- $2,572,200 $633,000 $1,939,200
2023 $0 $2,155,200 $575,400 $1,579,800
2022 $0 $1,850,900 $418,500 $1,432,400
2021 $0 $1,730,500 $363,900 $1,366,600
2020 $0 $1,128,600 $503,300 $625,300
2019 $0 $1,128,600 $503,300 $625,300
2018 $0 $1,008,500 $381,300 $627,200
2017 $0 $924,600 $297,400 $627,200
2016 -- $870,900 $337,900 $533,000
2015 -- $870,900 $337,900 $533,000
2014 -- $870,900 $337,900 $533,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim Cooper

    Grey Lady Properties

    (508) 280-7584

    6 in this area

    6 Total Sales

    Jim Cooper
    Section Image

  • B

    Buyer's Agent in 2018

    Bruce Beni

    Lee Real Estate

    (508) 280-6131

    33 in this area

    33 Total Sales

    Bruce Beni
    Section Image
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Map

Source: LINK

MLS Number: 83796

APN: NANT-000-067-000-000-0001-04-000-000

Massachusetts Nantucket County Nantucket 02554

7 Salros Rd, Nantucket, MA

This home is located at 7 Salros Rd, Nantucket, MA 02554 since 16 October 2017 and is currently estimated at $2,079,196, approximately $608 per square foot. This property was built in 1987. 7 Salros Rd 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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