NOT LISTED FOR SALE

8 Somerset Ln Unit 1 Nantucket, MA 02554

Estimated Value: $1,263,000 - $1,697,028

2 Beds
2 Baths
1,572 Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: May 25, 2018

Last sale price $724,000 $461 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,159 / mo

62 Days on Market

About This Home

As of May 2018

This charming 1-story home is a free-standing condominium conveniently located just West of Town. The property offers ample parking and a generous yard filled with mature landscaping; being sold as-is.

Last Agent to Sell the Property

Elizabeth Almodobar

BHHS Island Properties Nantucket Listed on: 02/21/2018

BHHS Island Properties Nantucket

Last Buyer's Agent

Cameron Gammill

Fisher Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $165

Year Built

  • Built in 1980

Lot Details

  • 0.33

Home Design

  • 1,572 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 464

Property Details

Home Type

Condominium

Est. Annual Taxes

$165

Year Built

Built in 1980

Lot Details

0.33 Acres

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Road Frontage Type: None
  • Lot Size Acres: 0.3259
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 3-B
  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Full Basement with interior access via hallway stairs, multiple storage areas, utility room with bulkhead access.
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Pine, linoleum, tile.
  • Interior Amenities: Ins, Floor 1: Living room, kitchen, laundry room with built-ins, interior access to garage, exterior door to side yard, bathroom, bedroom, bedroom with en-suite bathroom, spacious family room with sliding doors to deck and fenced in portion of yard., Floor 2: Attic storage accessed by pull down stair located in garage.
  • Main Level Bedrooms: 2

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: OFHW
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Parcel #: 464
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 164.85
  • Tax Lot: 27
  • Tax Map Number: 56
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 25, 2018
Sold by
Bought by
Seller's Agent
Elizabeth Almodobar
BHHS Island Properties Nantucket
Buyer's Agent
Cameron Gammill
Fisher Real Estate
List Price
$749,000
Sold Price
$724,000
Premium/Discount to List
-$25,000
-3.34%
Current Estimated Value
$1,427,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,257
Avg. Annual Appreciation
8.83%
Original Mortgage
$650,876
Outstanding Balance
$556,799
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$870,458
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$724,000 --
$724,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,876
Closed $650,876
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $724,000 -3.3% $461 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $749,000 -- $476 / Sq Ft
Source: LINK

Agents Affiliated with this Home

  • Elizabeth Almodobar

    Seller's Agent in 2018

    Elizabeth Almodobar

    BHHS Island Properties Nantucket

    (508) 685-7703

    26 in this area

    26 Total Sales

    Elizabeth Almodobar
    Section Image
  • Cameron Gammill

    Buyer's Agent in 2018

    Cameron Gammill

    Fisher Real Estate

    (508) 228-4407

    70 in this area

    70 Total Sales

    Cameron Gammill
    Section Image
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Map

Source: LINK

MLS Number: 84148

APN: NANT M:00056 P:00464

Massachusetts Nantucket County Nantucket 02554

8 Somerset Ln Unit 1, Nantucket, MA

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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