NOT LISTED FOR SALE

8 Prospect St Nantucket, MA 02554

Estimated Value: $1,729,000 - $3,015,000

1 Bed
1 Bath
780 Sq Ft
$2,812/Sq Ft Est. Value

Last Sold March 11, 2014

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

Est. 206% increase in value since last sale

Current estimated payment $12,421/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 Other Annual Assessment Amount: 565800
  • 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
$2,173,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,463,900
Avg. Annual Appreciation
10.38%

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:

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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 Change Sq Ft Price
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

This home is located at 8 Prospect St, Nantucket, MA 02554 since 02 March 2013 and is currently estimated at $2,193,715, approximately $2,812 per square foot. This property was built in 1940. 8 Prospect St is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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