NOT LISTED FOR SALE

71 Milk St Nantucket, MA 02554

Estimated Value: $4,771,352 - $7,725,000

5 Beds
7 Baths
4,622 Sq Ft
$1,223/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2018

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

Est. 21% increase in value since last sale

Current estimated payment $31,067 / mo

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

1.2 Acres

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

Listed on
Jun 14, 2018
Closed on
Oct 3, 2018
Sold by
71 Milk Nt and Lamb
Bought by
Pokoik Jonathan
Seller's Agent
Greg McKechnie
Great Point Properties
Buyer's Agent
Michael O'Mara
BHHS Island Properties Nantucket
List Price
$5,350,000
Sold Price
$4,667,601
Premium/Discount to List
-$682,399
-12.76%
Current Estimated Value
$5,651,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,237
Avg. Annual Appreciation
2.55%
Original Mortgage
$1,400,000
Outstanding Balance
$801,489
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,850,349

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 14, 2015
Sold by
Shaw Johanna
Bought by
71 Milk Nt and Lamb
Seller's Agent
Nicole Bousquet
Great Point Properties
Buyer's Agent
Anne Gifford
Congdon & Coleman Real Estate
List Price
$1,895,000
Sold Price
$1,820,000
Premium/Discount to List
-$75,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.02%

Purchase Details

Closed on
Jun 15, 2004
Sold by
Herner Karolee and Herner Peter L
Bought by
Shaw Johanna

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
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Pokoik Jonathan $4,667,601 --
71 Milk Nt $1,820,000 --
Shaw Johanna $1,637,500 --
Shaw Johanna $1,637,500 --
Herner Peter L $108,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Pokoik Jonathan $1,400,000
Previous Owner 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

    (508) 221-8866

    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

    18 in this area

    18 Total Sales

    Michael O'Mara
    Section Image

  • N

    Seller's Agent in 2015

    Nicole Bousquet

    Great Point Properties

    (508) 221-6810

    23 in this area

    24 Total Sales

    Nicole Bousquet
    Section Image

  • A

    Buyer's Agent in 2015

    Anne Gifford

    Congdon & Coleman Real Estate

    (508) 221-0388

    8 in this area

    8 Total Sales

    Anne Gifford
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 84605

APN: NANT M:00056 P:00210-1

Massachusetts Nantucket County Nantucket 02554

71 Milk St, Nantucket, MA

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.

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