NOT LISTED FOR SALE

8 Cherry St Nantucket, MA 02554

Estimated Value: $1,502,000 - $1,968,000

4 Beds
2 Baths
1,472 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $900,000 $611 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $9,754/month

About This Home

As of December 2017

Not Listed in LINK

Last Agent to Sell the Property

Nantucket CompLINK

LINK Listing Information Network Listed on: 12/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1850

Lot Details

  • 6,307 Sq Ft Lot
  • Property is zoned R1

Interior Spaces

  • 1,472 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 384

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,110

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Possible Use: .
  • Appliances: Stove: Yes, Washer: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2

Exterior Features

  • Lot Features: Declaration of restrictions and easements. Drainage easement/see deed., Yes
  • Pool Private: No
  • View: None, Res

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6307
  • Parcel #: 384
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 1110
  • Tax Lot: .
  • Tax Map Number: 55
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 8, 2017
Sold by
Fondots David
Bought by
8 Cherry Ack Llc
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$900,000
Current Estimated Value
$1,809,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,744
Avg. Annual Appreciation
9.08%
Original Mortgage
$720,000
Outstanding Balance
$602,079
Interest Rate
3.5%
Mortgage Type
Unknown
Estimated Equity
$1,207,665

Purchase Details

Listed on
Jan 14, 2009
Closed on
Apr 18, 2014
Sold by
Genovese Leonard and Genovese Colleen
Bought by
Fondots David
Seller's Agent
J Pepper Frazier II
J Pepper Frazier Co.
Buyer's Agent
J Pepper Frazier II
J Pepper Frazier Co.
List Price
$1,099,000
Sold Price
$680,000
Premium/Discount to List
-$419,000
-38.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$625,158
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2004
Sold by
Hennessey John F and Sakala Michael
Bought by
Genovese Colleen and Genovese Leonard

Purchase Details

Closed on
Oct 1, 2002
Sold by
Holt Sharon C
Bought by
Sakala Michael and Hennessey John F

Purchase Details

Closed on
Aug 30, 1999
Sold by
Waterviews Nantucket
Bought by
Holt Henry G and Holt Sharon S
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
8 Cherry Ack Llc $900,000 --
Fondots David $612,000 --
Genovese Colleen $810,500 --
Genovese Colleen $810,500 --
Sakala Michael $607,000 --
Sakala Michael $607,000 --
Holt Henry G $350,000 --
Holt Henry G $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8 Cherry Ack Llc $720,000
Closed 8 Cherry Ack Llc $720,000
Previous Owner Fondots David $625,158
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2017 12/08/17 Sold $900,000 +32.4% $611 / Sq Ft
04/18/2014 04/18/14 Sold $680,000 -38.1% $429 / Sq Ft View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
01/14/2009 01/14/09 For Sale $1,099,000 -- $694 / 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 $3,616 $1,102,400 $485,700 $616,700
2024 $3,400 $1,086,300 $485,700 $600,600
2023 $2,916 $908,400 $462,600 $445,800
2022 $2,790 $746,000 $372,900 $373,100
2021 $2,901 $799,300 $385,800 $413,500
2020 $2,980 $863,900 $385,800 $478,100
2019 $2,900 $863,000 $384,900 $478,100
2018 $2,480 $702,500 $384,900 $317,600
2017 $2,223 $655,700 $352,800 $302,900
2016 $2,052 $610,800 $307,900 $302,900
2015 $2,347 $650,100 $332,100 $318,000
2014 $2,629 $699,300 $315,500 $383,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nantucket CompLINK

    LINK Listing Information Network

    407 in this area

    408 Total Sales

    Nantucket CompLINK
    Section Image

  • J

    Seller's Agent in 2014

    J Pepper Frazier II

    J Pepper Frazier Co.

    (508) 680-6676

    86 in this area

    86 Total Sales

    J Pepper Frazier II
    Section Image
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Map

Source: LINK

MLS Number: 83965

APN: NANT-000-055-000-000-0003-84-000-000

Massachusetts Nantucket County Nantucket 02554

8 Cherry St, Nantucket, MA

Not Listed for Sale

Detached

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