NOT LISTED FOR SALE

8 Kings Way Nantucket, MA 02554

Estimated Value: $6,181,000 - $7,150,000

4 Beds
5.5 Baths
4,617 Sq Ft
$1,450/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $3,675,000 $796 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $38,879/month

256 Days on Market

Highlights

  • Pasture Views
  • Porch
  • Garden
  • Deck
  • Patio

About This Home

As of January 2017

This stunning home was thoughtfully designed by architect Andrew Kotchen of Workshop / APD. The home tastefully offers multiple living spaces on three floors of custom construction. Ideally tucked in off of Cliff Road on a quiet lane overlooking conservation land and located a short distance from The Westmoor Club, Tupancy Links, Town and the quiet waters of Steps Beach.

Last Listed By

Greg McKechnie

Great Point Properties Listed on: 04/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,246

Year Built

  • Built in 2007

Lot Details

  • 9,458 Sq Ft Lot
  • Garden
  • Property is zoned R1

Interior Spaces

  • 4,617 Sq Ft Home
  • Partially Furnished
  • Pasture Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 277

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,246

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.2171
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: LC13199A and F
  • Appliances: Stove: Wolf 5 Burner, Washer: Maytag Neptune
  • Has Basement: The spacious lower-level offers a light and bright sitting room with easy access to the backyard. A full bath with tub/shower. A gym area and a second separate sitting area. A storage area. Mechanical room.
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: Oak
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Enter from the wrap-around covered porch into an inviting foyer with coat closet. To the right is a laundry room with sink. A tiled walk-through provides access to further storage and the half-bath. To the rear of the house is a cathedral ceiling kitchen with dining and excellent southern exposure. Formal living room with access to the back porch, a dual sided fireplace and walk through access to a second sitting area with French doors to the front and back porch and an office area with pocket doors. To the left of the entry is a first-floor bedroom with an en suite bath with shower., Floor 2: The custom stair opens to a sitting area which overlooks the kitchen. Bedroom with tiled bath with shower/tub. Bedroom on the northern side of the house with en suite bath offering shower/tub. Master suite accessed via a hall with walk-in closet. The master suite offers cathedral ceilings a private balcony overlooking nearby Land Bank property, a wood-burning fireplace, and a beautiful tiled bath offering a tub and separate shower with dual vanities.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Pasture
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 9458
  • Parcel #: 277
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 9246
  • Tax Lot: 79
  • Tax Map Number: 41
  • Tax Other Annual Assessment Amount: 1024000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2012
Sold by
Carey Robin
Bought by
Robin H Carey Ft and Carey
Total Days on Market
256
Current Estimated Value
$6,695,155

Purchase Details

Closed on
Apr 2, 2008
Sold by
Carey James D and Carey Robin
Bought by
Carey Robin

Purchase Details

Closed on
Aug 29, 2007
Sold by
River Light 4 Llc
Bought by
Carey James D and Carey Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Robin H Carey Ft -- --
Robin H Carey Ft -- --
Robin H Carey Ft -- --
Carey Robin -- --
Carey Robin -- --
Carey James D $3,300,000 --
Carey James D $3,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Frank $2,917,500
Closed Eight King St Nt $2,917,500
Previous Owner Carey James D $2,000,000
Previous Owner Eight King St Nt $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $3,675,000 -12.5% $796 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $4,200,000 -- $910 / 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 $16,849 $5,137,000 $1,553,300 $3,583,700
2024 $15,146 $4,839,100 $1,553,300 $3,285,800
2023 $13,337 $4,154,800 $1,480,100 $2,674,700
2022 $13,014 $3,479,700 $1,236,900 $2,242,800
2021 $12,277 $3,382,100 $1,139,300 $2,242,800
2020 $11,937 $3,460,100 $1,139,300 $2,320,800
2019 $11,446 $3,406,400 $1,129,600 $2,276,800
2018 $10,546 $2,987,400 $1,120,000 $1,867,400
2017 $9,283 $2,738,300 $1,120,000 $1,618,300
2016 $8,606 $2,561,300 $1,024,000 $1,537,300
2015 $8,218 $2,276,500 $910,800 $1,365,700
2014 $8,352 $2,221,300 $855,600 $1,365,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 81706

APN: NANT-000-041-000-000-0002-77-000-000