NOT LISTED FOR SALE

71 Milk St Nantucket, MA 02554

Estimated Value: $4,774,000 - $5,424,000

5 Beds
7 Baths
4,622 Sq Ft
$1,102/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $4,667,601 $1,010 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $26,116/month

59 Days on Market

Highlights

  • 1.2 Acre Lot
  • Furnished
  • Patio
  • Deck
  • Porch

About This Home

As of October 2018

Exceptional property located an easy walk to Town via a private path that leads to a quiet dirt road or take a short bike ride on the new bike path across the street to Cisco Beach, Bartlett Farm or Cisco Brewery. This five bedroom home was very carefully rebuilt in 2016 by a local and well respected team to incorporate modern open living, combined with thoughtful custom details throughout the three floors of living space. The house is beautifully sited on a hilltop taking advantage of stunning sunsets and vistas that include Nantucket Sound. The landscape is perfection and includes wonderful outdoor living spaces featuring a pool and spa. Offered with full Nina Liddle Design furniture package.

Last Agent to Sell the Property

Greg McKechnie

Great Point Properties Listed on: 06/14/2018

Last Buyer's Agent

Michael O'Mara

BHHS Island Properties Nantucket

BHHS Island Properties Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1993

Lot Details

  • 1.2 Acre Lot
  • Property is zoned R20

Interior Spaces

  • 4,622 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2101

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,285

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: 1.2
  • Garage Yn: No
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Possible Use: 13918-B
  • Appliances: Stove: Wolf - 6 Burner, Washer: Whirlpool Duet - 2
  • Has Basement: Full finished lower level, which opens onto a bluestone patio and allows easy access to the decks and pool; spacious sitting/game room with bar area and patio doors providing considerable natural light; powder room; spacious laundry room; bedroom with ensuite bath (shower); bedroom with built-in bunks and ensuite bath (tub/shower); mechanical room.
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: One - Gas
  • Fireplace: No
  • Flooring: Oak
  • Interior Amenities: AC,Disp,Ins,Irr,OSh, Floor 1: Dramatic entry foyer opening to second floor and offering vistas across the pool to Nantucket Sound; powder room; open living area with gas fireplace and patio doors that flow onto the upper deck; dining area which comfortably accommodates eight; kitchen and breakfast bar with top of the line appliances and timeless details set off by the tiled backsplash and quartz countertops; window lined sunroom with french doors opening onto the upper deck; mudroom with laundry that features thoughtful and convenient built-ins; spacious master suite with a generous walk through closet and beautifully appointed master bathroom; a door off of the master opens to the upper deck and takes advantage of the views., Floor 2: Spacious bedroom suite with full bath offering wonderful views to the North and Nantucket Sound; bedroom suite with full bath and views of the Sound and Town to the East.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: D/Snd, Res
  • Exterior Features: P/Pool, Deck, Patio, Porch
  • Foundation Details: Poured
  • Other Structures: Pool Cabana

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 52272
  • Parcel #: 2101
  • Zoning: R20

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 5285
  • Tax Lot: 2
  • Tax Map Number: 56
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2004
Sold by
Herner Karolee and Herner Peter L
Bought by
Shaw Johanna
Current Estimated Value
$4,841,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,500
Outstanding Balance
$284,557
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,810,717

Purchase Details

Closed on
Jun 4, 1993
Sold by
Adams Faith Buskly
Bought by
Herner Peter L and Herner Karolee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaw Johanna $1,637,500 --
Herner Peter L $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Johanna $582,500
Previous Owner Herner Peter L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2018 10/03/18 Sold $4,667,601 -12.8% $1,010 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $5,350,000 +194.0% $1,158 / Sq Ft
05/14/2015 05/14/15 Sold $1,820,000 -4.0% $912 / Sq Ft View Prior Sale
04/14/2015 04/14/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $1,895,000 -- $949 / Sq Ft
Source: LINK

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 $11,104 $3,385,400 $549,300 $2,836,100
2024 $10,423 $3,329,900 $549,300 $2,780,600
2023 $8,887 $2,768,500 $526,200 $2,242,300
2022 $8,685 $2,322,300 $434,400 $1,887,900
2021 $8,393 $2,312,100 $449,400 $1,862,700
2020 $7,985 $2,314,600 $449,400 $1,865,200
2019 $6,055 $1,802,100 $416,700 $1,385,400
2018 $5,213 $1,476,700 $415,800 $1,060,900
2017 $2,574 $759,400 $381,200 $378,200
2016 $2,969 $883,700 $332,600 $551,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Greg McKechnie

    Great Point Properties

    65 in this area

    66 Total Sales

    Greg McKechnie
    Section Image
  • Michael O'Mara

    Buyer's Agent in 2018

    Michael O'Mara

    BHHS Island Properties Nantucket

    (508) 451-8339

    20 in this area

    20 Total Sales

    Michael O'Mara
    Section Image

  • N

    Seller's Agent in 2015

    Nicole Bousquet

    Great Point Properties

    26 in this area

    27 Total Sales

    Nicole Bousquet
    Section Image

  • A

    Buyer's Agent in 2015

    Anne Gifford

    Congdon & Coleman Real Estate

    (508) 221-0388

    9 in this area

    9 Total Sales

    Anne Gifford
    Section Image
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Map

Source: LINK

MLS Number: 84605

APN: NANT M:00056 P:00210-1

Massachusetts Nantucket County Nantucket 02554

71 Milk St, Nantucket, MA

Not Listed for Sale

Detached

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