NOT LISTED FOR SALE

72 Cato Ln Nantucket, MA 02554

Estimated Value: $2,257,000 - $2,858,000

4 Beds
3 Baths
3,492 Sq Ft
$721/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $1,075,000 $308 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $14,357/month

182 Days on Market

Highlights

  • Porch
  • Patio
  • Garden

About This Home

As of December 2019

Huge Private Lot!! This four bedroom house is situated on an oversized lot which will allow for a multitude of additional living opportunities! Room for a second dwelling, garage, tertiary dwelling...or create a covenant lot to sell to a friend or family in need of year-round housing. A well-maintained home that also offers solar powered heat for hot water, and a yard that is surrounded by Cedar trees for privacy. Centrally located to both Miacomet and Surfside Beaches, Nantucket Land Bank Land walking paths, Nantucket Public Schools and Mid-island shopping.

Last Agent to Sell the Property

DAVID CALLAHAN

William Raveis Nantucket Listed on: 05/09/2019

Last Buyer's Agent

John F. Trudel III

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Garden
  • Property is zoned R10

Home Design

  • 3,492 Sq Ft Home

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 457

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.51
  • Garage Yn: No
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 2008-21
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Half of the basement offers a large finished room, storage room, and utility room. In floor radiant heat via hot water.
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: wood, tile
  • Interior Amenities: Disp,Ins,OSh, Floor 1: Bright and sunny living room with gas fireplace. Well equipped spacious kitchen with large island for entertaining, desk area, spacious pantry, laundry area. Dining area with sliders leading to the expansive back yard with patio. First-floor bedroom, full bath., Floor 2: Owners bedroom suite with cathedral ceilings, private bath with large jacuzzi tub and separate large tiled shower, and large walk-in closet. Two bedrooms, hall bath, office and pull-down stair access for attic storage., Floor 3: Pull-down stairs for access to large attic storage.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: None known., very large
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Garden, Patio, Porch
  • Foundation Details: Poured
  • Other Structures: Over-sized shed (12 X 20)

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 22215
  • Parcel #: 457
  • Zoning: R10

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1542
  • Tax Lot: 2
  • Tax Map Number: 66
  • Tax Other Annual Assessment Amount: 448300
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Dec 16, 2019
Sold by
Gross Karl and Gross Nicole
Bought by
Aguilar and Aguilar Portilla S
Seller's Agent
DAVID CALLAHAN
William Raveis Nantucket
Buyer's Agent
John F. Trudel III
Maury People Sotheby's International Realty
List Price
$1,299,000
Sold Price
$1,075,000
Premium/Discount to List
-$224,000
-17.24%
Current Estimated Value
$2,516,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,441,564
Avg. Annual Appreciation
16.28%
Original Mortgage
$860,000
Outstanding Balance
$763,090
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,753,474

Purchase Details

Closed on
Sep 8, 2008
Sold by
White Whale Lane Llc and Gross Nicole
Bought by
Gross Karl and Gross Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Aguilar $1,075,000 None Available
Gross Karl -- --
Gross Karl -- --
Gross Karl -- --
White Whale Lane Llc -- --
White Whale Lane Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Aguilar-Portilla S $860,000
Closed Escobar Aguilar-Portilla S $860,000
Previous Owner Gross Karl $325,000
Previous Owner Gross Karl $275,000
Previous Owner Gross Karl $395,000
Previous Owner Gross Karl $415,000
Previous Owner White Whale Lane Llc $410,000
Previous Owner White Whale Lane Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $1,075,000 -17.2% $308 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $1,299,000 -- $372 / 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 $5,501 $1,677,100 $712,200 $964,900
2024 $5,021 $1,604,100 $652,900 $951,200
2023 $4,529 $1,411,000 $645,300 $765,700
2022 $42 $1,112,800 $540,400 $572,400
2021 $4,001 $1,102,200 $568,800 $533,400
2020 $3,751 $1,087,300 $568,800 $518,500
2019 $3,248 $966,800 $448,300 $518,500
2018 $1,321 $868,500 $401,600 $466,900
2017 $2,837 $836,900 $382,900 $454,000
2016 $2,675 $796,000 $354,900 $441,100
2015 $2,475 $685,500 $270,600 $414,900
2014 $2,450 $651,600 $236,700 $414,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    DAVID CALLAHAN

    William Raveis Nantucket

    (508) 325-1881

    14 in this area

    14 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    John F. Trudel III

    Maury People Sotheby's International Realty

    (508) 648-8870

    43 in this area

    43 Total Sales

    Section Image
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Map

Source: LINK

MLS Number: 85745

APN: NANT-000-066-000-000-0004-57-000-000

Massachusetts Nantucket County Nantucket 02554

72 Cato Ln, Nantucket, MA

This home is located at 72 Cato Ln, Nantucket, MA 02554 since 09 May 2019 and is currently estimated at $2,516,564, approximately $720 per square foot. This property was built in 2005. 72 Cato Ln 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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