NOT LISTED FOR SALE

8 New St Nantucket, MA 02554

Estimated Value: $2,056,000 - $2,370,000

2 Beds
2 Baths
1,242 Sq Ft
$1,736/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,455,000 $1,171 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,184/month

13 Days on Market

About This Home

As of May 2021

Charming, historic home located on a quiet street just a short distance to Main Street and offers convenient access to mid-island shopping. This adorable property has two plus bedrooms, two full bathrooms, off-street parking, and a private rear yard that gets lovely southern exposure. Four heating & cooling mini-split systems. This home is registered with the Nantucket Historical Association: Joseph Chase 2nd-mariner. Seller prepared for a quick close.

Last Agent to Sell the Property

Robert Sarkisian

Berkshire Hathaway HomeServices Island Properties Nantucket Listed on: 04/07/2021

Berkshire Hathaway HomeServices Island Properties Nantucket

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 1835

Lot Details

  • 2,635 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • Block Foundation

Interior Spaces

  • 1,242 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,469

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.0604
  • Year Built: 1835
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: .
  • Appliances: Stove: GE Gas, Washer: Bosch
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 4 wood-burning
  • Fireplace: No
  • Flooring: wide pine
  • Interior Amenities: Ins, Floor 1: Front entry with coat closet and staircase to second floor. Front Parlor with large windows, wide pine floors and working fireplace. Small room used currently as office with fireplace and closet. Cozy, informal living room with working fireplace and flat screen Samsung TV above mantle. Kitchen with large pantry closet. Full Bathroom. Large dining room with French door to rear patio and perennial garden area., Floor 2: Two bedrooms with plenty of separation for privacy. Front bedroom with fireplace, closet and access to Jack and Jill Bathroom. The updated, full bathroom has washer and dryer enclosed in wood cabinetry, glass shower and new fixtures. Back Bedroom is set up with twin beds and has closets. 2 sets of closets by the hall staircase.

Exterior Features

  • Lot Features: yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Garden, Patio
  • Foundation Details: block, brick and stone
  • Other Structures: Storage closet attached to house perfect for garden tools, beach chairs, etc. Wood trash bin.

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2635
  • Parcel #: 35
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 3469
  • Tax Lot: .
  • Tax Map Number: 5541
  • Tax Other Annual Assessment Amount: 482300
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 21, 2021
Sold by
Anderson Molly C
Bought by
8 New Street Llc
Seller's Agent
Robert Sarkisian
Berkshire Hathaway HomeServices Island Properties Nantucket
List Price
$1,275,000
Sold Price
$1,455,000
Premium/Discount to List
$180,000
14.12%
Current Estimated Value
$2,156,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,265
Avg. Annual Appreciation
9.52%
Original Mortgage
$1,091,250
Outstanding Balance
$1,001,462
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,141,710

Purchase Details

Closed on
May 19, 2005
Sold by
Pearce-Mercadante Lauren
Bought by
Anderson Molly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Kenny Pamela D W
Bought by
Pearce-Mercadant Lauren S
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
8 New Street Llc $1,455,000 None Available
Anderson Molly C $970,125 --
Anderson Molly C $970,125 --
Pearce-Mercadant Lauren S $618,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8 New Street Llc $1,091,250
Closed 8 New Street Llc $1,091,250
Previous Owner Anderson Molly C $320,000
Previous Owner Kenny Pamela D W $345,000
Previous Owner Kenny Pamela D W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $1,455,000 +14.1% $1,171 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,275,000 -- $1,027 / 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 $5,221 $1,591,700 $577,400 $1,014,300
2024 $4,993 $1,595,200 $607,800 $987,400
2023 $4,080 $1,270,900 $578,800 $692,100
2022 $33 $874,600 $482,300 $392,300
2021 $3,307 $911,100 $482,300 $428,800
2020 $3,378 $979,200 $482,300 $496,900
2019 $3,290 $979,300 $482,300 $497,000
2018 $3,024 $843,200 $482,300 $360,900
2017 $2,801 $826,200 $482,300 $343,900
2016 $2,739 $815,300 $482,300 $333,000
2015 $2,822 $781,700 $432,200 $349,500
2014 $2,939 $781,700 $432,200 $349,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Sarkisian

    Berkshire Hathaway HomeServices Island Properties Nantucket

    (508) 292-0665

    33 in this area

    33 Total Sales

    Robert Sarkisian
    Section Image
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Map

Source: LINK

MLS Number: 88159

APN: NANT-005-541-000-000-0000-35-000-000

Massachusetts Nantucket County Nantucket 02554

8 New St, Nantucket, MA

This home is located at 8 New St, Nantucket, MA 02554 since 07 April 2021 and is currently estimated at $2,156,265, approximately $1,736 per square foot. This property was built in 1835. 8 New St 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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