NOT LISTED FOR SALE

8 Winter St Nantucket, MA 02554

Estimated Value: $4,664,000 - $5,353,000

4 Beds
4.5 Baths
3,315 Sq Ft
$1,518/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $2,800,000 $845 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $27,361/month

35 Days on Market

Highlights

  • Deck
  • Patio
  • Garden
  • Porch

About This Home

As of October 2014

Sitting high above the street located on the corner of Winter and Liberty Street, one of the Old Historic District’s quietest streets, this 1785 home has been immaculately maintained and lovingly renovated to provide all the modern amenities. The home offers four bedrooms, four full baths and a powder room.

Last Agent to Sell the Property

Greg McKechnie

Great Point Properties Listed on: 08/13/2014

Last Buyer's Agent

Barbara Ann Joyce

Great Point Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,001

Year Built

  • Built in 1785

Lot Details

  • 3,746 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 3,315 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 141

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,001

Year Built

Built in 1785

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.086
  • Year Built: 1785
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: PB 15 Pg 120
  • Appliances: Stove: Bosch, Washer: Frigidaire
  • Has Basement: Accessed by the side yard, the full basement under the original section of the home is perfect for storage or a workshop.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Two
  • Fireplace: No
  • Flooring: Pine
  • Interior Amenities: A,AC,Disp,Ins,Irr,OSh, Floor 1: Entry foyer; Sitting Room; Dining area, with fireplace, is open to the spacious sitting room to the rear of the house with an additional gas fireplace and French doors to a perfect porch overlooking a beautiful side yard; Powder room; Small mudroom., Floor 2: Front stairs lead up to a landing with access to two bedrooms, one with ensuite bath (S) and the other the master suite with spacious bath (S) which connects to the rear bedroom which is glass lined looking out over the delightful side yard; Large open rear foyer offers ample closet and storage space, laundry as well as a full bath (S) to service the rear bedroom; rear staircase winds down to the sitting room below., Floor 3: Spacious and open light-filled bedroom with a full bath (S).

Exterior Features

  • Lot Features: Yes
  • Pool Private: No
  • View: None, Res
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: Brick

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3746
  • Parcel #: 141
  • Zoning: ROH

Tax Info

  • Tax Annual Amount: 8001
  • Tax Lot: 1
  • Tax Map Number: 42.3.4
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 17, 2014
Sold by
Grote Richard T and Grote Suzy W
Bought by
Gallagher Elizabeth and Gallagher James T
Seller's Agent
Greg McKechnie
Great Point Properties
Buyer's Agent
Barbara Ann Joyce
Great Point Properties
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%
Current Estimated Value
$5,032,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,232,736
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,500,000
Outstanding Balance
$1,146,223
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,886,513

Purchase Details

Closed on
Oct 4, 2013
Sold by
51B Centre Street Nt and Grote
Bought by
Grote Richard T and Grote Suzy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2003
Sold by
Grote Richard T and Grote Suzy W
Bought by
51B Centre Street Nt and Grote Suzy W

Purchase Details

Closed on
Jul 31, 2003
Sold by
J Stanley Coyne Ret and Coyne Thomas M
Bought by
Grote Richard T and Grote Suzy W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallagher Elizabeth $2,800,000 --
Grote Richard T -- --
Grote Richard T -- --
51B Centre Street Nt -- --
51B Centre Street Nt -- --
Grote Richard T $1,500,000 --
Grote Richard T $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Elizabeth $1,500,000
Closed Gallagher Elizabeth $1,500,000
Previous Owner Grote Richard T $558,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $2,800,000 -6.5% $845 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $2,995,000 -- $903 / 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 $14,733 $4,491,700 $1,893,300 $2,598,400
2024 $13,955 $4,458,500 $1,928,300 $2,530,200
2023 $11,855 $3,693,100 $1,836,300 $1,856,800
2022 $12,070 $3,227,300 $1,669,400 $1,557,900
2021 $11,106 $3,059,400 $1,335,500 $1,723,900
2020 $11,855 $3,436,300 $1,446,800 $1,989,500
2019 $11,546 $3,436,300 $1,446,800 $1,989,500
2018 $10,059 $2,849,600 $1,391,200 $1,458,400
2017 $9,302 $2,744,100 $1,352,200 $1,391,900
2016 $7,576 $2,254,800 $946,000 $1,308,800
2015 $7,953 $2,203,000 $977,000 $1,226,000
2014 $7,624 $2,027,700 $859,800 $1,167,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Greg McKechnie

    Great Point Properties

    65 in this area

    66 Total Sales

    Greg McKechnie
    Section Image

  • B

    Buyer's Agent in 2014

    Barbara Ann Joyce

    Great Point Properties

    Section Image
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Map

Source: LINK

MLS Number: 76677

APN: NANT-004-234-000-000-0001-41-000-000

Massachusetts Nantucket County Nantucket 02554

8 Winter St, Nantucket, MA

Not Listed for Sale

Detached

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