NOT LISTED FOR SALE

8 Fair St Nantucket, MA 02554

Estimated Value: $5,239,000 - $6,418,000

5 Beds
4.5 Baths
3,015 Sq Ft
$1,976/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $2,525,000 $837 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $32,577/month

306 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of March 2016

The historic 1790's home is located on one of the most sought after streets in town. High ceilings and large expansive living spaces. The bright kitchen leads out to a fabulous deck overlooking the gardens, is great for families and friends to gather. This home is full of antique detailing in excellent condition.

Last Agent to Sell the Property

Robert Young

William Raveis Nantucket Listed on: 04/30/2015

Last Buyer's Agent

DAVID CALLAHAN

William Raveis Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,062

Year Built

  • Built in 1790

Lot Details

  • 4,463 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 3,015 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 107

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,062

Year Built

Built in 1790

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.1
  • Year Built: 1790
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 18-C
  • Appliances: Stove: Wolf, Washer: Yes
  • Has Basement: Full basement with second laundry area and finished room which in the past was used as an office.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Five
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: Disp,Irr, Floor 1: Foyer with stairway leading to second floor. Large formal living room with beautiful antique pine paneling and fireplace. Bright and spacious family room or first floor bedroom with private bath and french doors leading out to deck. Dining room with fireplace and half bath. Large eat in kitchen with Wolf range, Subzero refrigerator, beautiful wood counter with seating for four. Kitchen also leads out to deck and garden. The garden could easily be converted to a nice sized lawn/yard., Floor 2: Two guest rooms with shared bath. Extremely roomy master bedroom with private balcony and bath. Lovely sitting area with fireplace abuts the bedrooms. Stacked washer/dryer, Floor 3: Fully finished and a great space for kids with two sleeping areas, a full bath and water views. Perfect house to add a roof walk.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: None known. See deed, Yes
  • Pool Private: No
  • View: D/Hbr, Res
  • Exterior Features: Deck, Garden, Patio
  • Foundation Details: Brick/Stone

Garage/Parking

  • Parking Features: 1 car

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4463
  • Parcel #: 107
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 8062
  • Tax Lot: 0
  • Tax Map Number: 4231
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Wepler John M and Wepler Kimberly G
Bought by
Wepler Properties Llc
Current Estimated Value
$5,957,537

Purchase Details

Listed on
Apr 30, 2015
Closed on
Mar 31, 2016
Sold by
Williams Kelly M and Forsyth Andrew W
Bought by
Wepler John M and Wepler Kimberly G
Seller's Agent
Robert Young
William Raveis Nantucket
Buyer's Agent
DAVID CALLAHAN
William Raveis Nantucket
List Price
$2,750,000
Sold Price
$2,525,000
Premium/Discount to List
-$225,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$2,000,000
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2006
Sold by
Pequot Avenue Assoc Ll
Bought by
Williams Kelly M and Forsyth Andrew J

Purchase Details

Closed on
Oct 16, 2003
Sold by
Coletti Henry T and Coletti Ellen Breen
Bought by
Pequot Avenue Assoc Ll

Purchase Details

Closed on
May 28, 1992
Sold by
Torray Robert E
Bought by
Coletti Ellen Breen
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
Wepler Properties Llc -- None Available
Wepler Properties Llc -- None Available
Wepler Properties Llc -- None Available
Wepler John M $2,525,000 --
Williams Kelly M $2,825,000 --
Williams Kelly M $2,825,000 --
Williams Kelly M $2,825,000 --
Pequot Avenue Assoc Ll $1,800,000 --
Pequot Avenue Assoc Ll $1,800,000 --
Coletti Ellen Breen $410,000 --
Coletti Ellen Breen $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wepler John M $2,000,000
Previous Owner Coletti Ellen Breen $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $2,525,000 -8.2% $837 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
04/30/2015 04/30/15 For Sale $2,750,000 -- $912 / 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 $16,359 $4,987,400 $2,055,700 $2,931,700
2024 $15,585 $4,979,300 $2,093,800 $2,885,500
2023 $13,581 $4,230,900 $1,993,900 $2,237,000
2022 $138 $3,687,300 $1,812,600 $1,874,700
2021 $12,879 $3,547,900 $1,450,100 $2,097,800
2020 $13,779 $3,994,000 $1,570,900 $2,423,100
2019 $12,404 $3,691,700 $1,570,900 $2,120,800
2018 $6,932 $1,963,700 $1,510,500 $453,200
2017 $8,805 $2,597,200 $1,468,200 $1,129,000
2016 $8,582 $2,554,200 $1,450,100 $1,104,100
2015 $8,061 $2,233,100 $1,180,800 $1,052,300
2014 $8,396 $2,233,100 $1,180,800 $1,052,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Young

    William Raveis Nantucket

    (508) 325-1571

    62 in this area

    62 Total Sales

    Robert Young
    Section Image

  • D

    Buyer's Agent in 2016

    DAVID CALLAHAN

    William Raveis Nantucket

    (508) 325-1881

    9 in this area

    9 Total Sales

    DAVID CALLAHAN
    Section Image
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Map

Source: LINK

MLS Number: 80243

APN: NANT-004-231-000-000-0001-07-000-000

Massachusetts Nantucket County Nantucket 02554

8 Fair St, Nantucket, MA

Not Listed for Sale

Detached

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