NOT LISTED FOR SALE

8 Prospect St Nantucket, MA 02554

Estimated Value: $2,033,000 - $3,093,000

1 Bed
1 Bath
780 Sq Ft
$3,009/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $710,000 $910 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $12,688/month

329 Days on Market

About This Home

As of March 2014

Offering a conforming and over-sized building LOT with an already built 1940's 'cottage' style one story structure set at rear of an over-sized parcel in the Old Historic District. Cozy cottage is liveable though currently being used as home/office for interior design firm

Last Agent to Sell the Property

Susan Bennett Witte

Bennett Witte Real Estate Listed on: 03/02/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1940

Lot Details

  • 6,994 Sq Ft Lot
  • Property is zoned ROH

Home Design

  • 780 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Deck
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.16
  • Garage Yn: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: plfl 27K
  • Appliances: Stove: no, Washer: no
  • Has Basement: Attention- call your architect and builder- BUILD your dream house on  this in Town property. R.O.H. zoning allows 50% ground cover with zero front set back required and only 5 ft side and rear set backs-plenty of room to make two story addition in the front lawn area
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: existing chimney from former wood stove
  • Flooring: wood and tile
  • Interior Amenities: Floor 1: check out new photos, Floor 2: easy to show
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: level
  • Pool Private: No
  • View: None
  • Exterior Features: Deck
  • Foundation Details: crawl celler under center portion of house

Garage/Parking

  • Parking Features: 4

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6994
  • Parcel #: 6
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2675
  • Tax Lot: 1
  • Tax Map Number: 5544
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2013
Closed on
Mar 11, 2014
Sold by
Halsted Barbara
Bought by
8 Prospect Llc
Seller's Agent
Susan Bennett Witte
Bennett Witte Real Estate
List Price
$850,000
Sold Price
$710,000
Premium/Discount to List
-$140,000
-16.47%
Current Estimated Value
$2,347,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,637,135
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Jan 7, 2003
Sold by
Butcher Madeleine K
Bought by
Halsted Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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 Prospect Llc $710,000 --
Halsted Barbara A $575,000 --
Halsted Barbara A $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halsted Barbara A $555,000
Previous Owner Halsted Barbara A $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2014 03/11/14 Sold $710,000 -16.5% $910 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
03/02/2013 03/02/13 For Sale $850,000 -- $1,090 / 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 $4,977 $1,517,300 $1,055,000 $462,300
2024 $4,378 $1,398,600 $1,014,400 $384,200
2023 $3,765 $1,172,800 $889,000 $283,800
2022 $3,323 $888,500 $677,300 $211,200
2021 $3,068 $845,100 $645,000 $200,100
2020 $2,916 $845,100 $645,000 $200,100
2019 $2,831 $842,600 $642,500 $200,100
2018 $2,817 $798,000 $642,500 $155,500
2017 $2,743 $809,100 $642,500 $166,600
2016 $2,462 $732,700 $642,500 $90,200
2015 $2,328 $644,900 $554,500 $90,400
2014 $2,593 $689,500 $554,500 $135,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Bennett Witte

    Bennett Witte Real Estate

See All Agents

Map

Source: LINK

MLS Number: 77228

APN: NANT-005-544-000-000-0000-06-000-000

Massachusetts Nantucket County Nantucket 02554

8 Prospect St, Nantucket, MA

Not Listed for Sale

Detached

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