NOT LISTED FOR SALE

8 Gull Island Ln Nantucket, MA 02554

Estimated Value: $3,988,000 - $5,089,000

3 Beds
4 Baths
2,487 Sq Ft
$1,790/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $4,125,000 $1,659 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $24,421/month

96 Days on Market

Highlights

  • Pasture Views
  • Porch
  • Garden
  • Deck
  • Patio

About This Home

As of October 2022

Experience the ultimate in town living in this stunningly private home tucked away on Gull Island Lane. This 1740 jewel box is filled with history and charm and has been meticulously cared for and completely renovated to meet modern day needs. The spacious first floor has a dining room, living room, oversized family room, beautiful gourmet custom kitchen with a large island and laundry room. Reclaimed wood floors and hand hewn beams throughout. A wonderful bluestone patio and deck overlooks a lush green yard that is filled with beauty and tranquility. The second floor consists of one primary suite which is private and separate from the guest bedrooms. With four working fireplaces and multiple living spaces, the home is a wonderful year-round retreat perfect for entertaining large groups, or intimate gatherings.

Last Agent to Sell the Property

Bernadette Meyer

Maury People Sotheby's International Realty Listed on: 06/09/2022

Last Buyer's Agent

Michele Lindstedt

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,800

Year Built

  • Built in 1740

Lot Details

  • 4,791 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Interior Spaces

  • 2,487 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 95

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,800

Year Built

Built in 1740

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.11
  • Year Built: 1740
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Stove: Viking, Washer: Whirlpool
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 4
  • Fireplace: No
  • Flooring: 2
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Enter the front door of this storybook cottage to a beautifully restored antique home. To the right is a large dining room with wood-burning fireplace. To the left is a formal living room. The gourmet kitchen has exposed wood beams and French doors to a side deck. There is a cozy seating area with a wood-burning fireplace off the kitchen, as well as a full bath. At the back of the house there is a stair to the master suite, a mud room, full bath, and an oversized family room with built-in bunk and access to the private garden., Floor 2: A dedicated staircase leads to a luxurious and private en-suite primary bedroom complete with walk-in closet, a balcony that overlooks a lush and private garden and bathroom with a large soaking tub. A separate front staircase leads to two bedrooms which share a hall bath.

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck, Garden, None, Patio, Porch
  • Foundation Details: Crawl
  • Other Structures: There is a small garden tool shed attached to the home.

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4791
  • Parcel #: 95
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 9800
  • Tax Lot: 8
  • Tax Map Number: 42.4.3
  • Tax Other Annual Assessment Amount: 1894600
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2014
Sold by
Golden Pig Llc
Bought by
Forsyth Mark D and Forsyth Suzanne J
Current Estimated Value
$4,451,033

Purchase Details

Closed on
Jul 16, 2007
Sold by
Exchange 1 Charles St
Bought by
Mcbournie Gary S and Richards William J

Purchase Details

Closed on
Mar 2, 2007
Sold by
Frazier Dalton T and Pepper Frazier J
Bought by
Exchange 1 Charles St

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Smith Graham Maclean
Bought by
Frazier Dalton T and Pepper Frazier J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Forsyth Mark D -- --
Forsyth Mark D -- --
Forsyth Mark D -- --
Mcbournie Gary S -- --
Mcbournie Gary S -- --
Exchange 1 Charles St $1,160,000 --
Exchange 1 Charles St $1,160,000 --
Frazier Dalton T $1,150,000 --
Frazier Dalton T $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Exchange 1 Charles St $590,000
Previous Owner Frazier Dalton T $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $4,125,000 -2.9% $1,659 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $4,250,000 -- $1,709 / 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 $12,927 $3,941,200 $2,148,700 $1,792,500
2024 $12,313 $3,933,900 $2,188,500 $1,745,400
2023 $9,439 $2,940,400 $2,084,100 $856,300
2022 $98 $2,612,100 $1,894,600 $717,500
2021 $8,384 $2,309,700 $1,515,700 $794,000
2020 $8,827 $2,558,500 $1,642,000 $916,500
2019 $8,598 $2,558,900 $1,642,000 $916,900
2018 $6,329 $2,250,700 $1,578,800 $671,900
2017 $7,376 $2,175,900 $1,534,600 $641,300
2016 $7,179 $2,136,700 $1,515,700 $621,000
2015 $6,301 $1,745,500 $1,227,500 $518,000
2014 $6,362 $1,692,100 $1,227,500 $464,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bernadette Meyer

    Maury People Sotheby's International Realty

    (508) 680-4748

    134 in this area

    134 Total Sales

    Bernadette Meyer
    Section Image

  • M

    Buyer's Agent in 2022

    Michele Lindstedt

    Great Point Properties

    (508) 737-0134

    31 in this area

    31 Total Sales

    Michele Lindstedt
    Section Image
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Map

Source: LINK

MLS Number: 89517

APN: NANT-004-243-000-000-0000-95-000-000

Massachusetts Nantucket County Nantucket 02554

8 Gull Island Ln, Nantucket, MA

This home is located at 8 Gull Island Ln, Nantucket, MA 02554 since 09 June 2022 and is currently estimated at $4,451,033, approximately $1,789 per square foot. This property was built in 1740. 8 Gull Island 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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