NOT LISTED FOR SALE

8 Union St Unit 2 Nantucket, MA 02554

Estimated Value: $2,980,000 - $3,573,000

1 Bed
1 Bath
650 Sq Ft
$5,053/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $1,350,000 $2,077 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $17,953/month

168 Days on Market

Highlights

  • Deck
  • Patio
  • Garden

About This Home

As of July 2021

Rare offering of a darling and iconic cottage in the heart of downtown. Large oversized barn doors and painted shingles add to the charm of this one bedroom and one bath cottage. Tucked off the road on Union Street right before the bend the location can not be beat. The property boasts a galley kitchen with high end appliances and peaks of the harbor from the second floor. Stroll out your front door to idyllic Main Street in moments. Enjoy a private back patio and deck for entertaining complete with an enclosed outdoor shower. Best of all, this property conveys with 2 off street parking spaces designated for this unit.

Last Agent to Sell the Property

Chandra Miller

Maury People Sotheby's International Realty Listed on: 01/06/2021

Last Buyer's Agent

Chandra Miller

Maury People Sotheby's International Realty Listed on: 01/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1940

Lot Details

  • Garden
  • Property is zoned CDT

Home Design

  • 650 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Association fees include no shared fees

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,573

Year Built

Built in 1940

Lot Details

0

Listing Details

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

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 9-F
  • Appliances: Stove: Yes (gas), Washer: Yes - washer & dryer all in one
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Yes - electric
  • Fireplace: No
  • Flooring: Hardwood/Tile
  • Interior Amenities: Ins,OSh, Floor 1: Open living room and kitchen with oversized doors and windows off both the back and front of the house keeping the house sunlit during the day. Galley style kitchen with professional gas range. Central electric fireplace keeps the space cozy in the off season. Private deck and patio off of the living area. Storage and built-in housing washer/dryer., Floor 2: A collection of windows off the back of the cottage offer a view of the harbor with built-ins below for storage, and owners closet. Queen sized bed with additional closet space and full bath.

Exterior Features

  • Lot Features: See Condominium Documents "8 & 8 1/2 Union Street" Subject Unit is referred to in documents as Unit #2 or 8.5, and sits on 1,854 square feet of exclusive use., Private pack patio and deck, front yard boasts perennial garden
  • Pool Private: No
  • View: D/Hbr, Twn
  • Exterior Features: Deck, Garden, Patio
  • Foundation Details: Block foundation and crawl space
  • Other Structures: None.

Garage/Parking

  • Parking Features: Yes - 2 off street parking places in shell drive

Utilities

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

Fee Information

  • Association Fee Includes: No shared fees

Green Features

Lot Info

  • Parcel #: 1001
  • Zoning: CDT

Multi Family

Tax Info

  • Tax Annual Amount: 2573
  • Tax Lot: 1
  • Tax Map Number: 4231
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Cardinal John C and Cardinal Carol J
Bought by
Baileys Irish Co Llc
Current Estimated Value
$3,253,352

Purchase Details

Closed on
Nov 12, 1992
Sold by
Smith B L and Smith Virginia W
Bought by
Millard Stephen H
Source: Public Records

Range of Values:

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Average Value
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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
Baileys Irish Co Llc $50,000 None Available
Baileys Irish Co Llc $50,000 None Available
Millard Stephen H $185,000 --
Millard Stephen H $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millard Stephen H $865,560
Previous Owner Millard Stephen H $410,000
Previous Owner Millard Stephen H $7,333
Previous Owner Millard Stephen H $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $1,350,000 +4.2% $2,077 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $1,295,000 -- $1,992 / 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 $8,451 $2,576,400 $0 $2,576,400
2024 $7,962 $2,543,900 $0 $2,543,900
2023 $5,170 $1,610,500 $0 $1,610,500
2022 $5,479 $1,465,000 $0 $1,465,000
2021 $5,318 $1,465,000 $0 $1,465,000
2020 $5,054 $1,465,000 $0 $1,465,000
2019 $4,922 $1,465,000 $0 $1,465,000
2018 $4,529 $1,282,900 $0 $1,282,900
2017 $4,349 $1,282,900 $0 $1,282,900
2016 $4,160 $1,238,200 $0 $1,238,200
2015 $4,198 $1,162,900 $0 $1,162,900
2014 $4,373 $1,162,900 $0 $1,162,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 87838

APN: 4231 -100