NOT LISTED FOR SALE

81 Fairgrounds Rd Nantucket, MA 02554

Estimated Value: $1,713,000 - $2,712,000

3 Beds
2 Baths
1,580 Sq Ft
$1,349/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $550,000 $348 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $11,532/month

180 Days on Market

Highlights

  • 0.57 Acre Lot
  • Deck
  • Satellite Dish

About This Home

As of February 2014

Lot 12, containing both 81 and 81A Fairgrounds has been recently subdivided. Both properties are currently listed separately. 81 Fairgrounds is a two story single family residence with an attached workshop and a one bedroom studio (containing a full bath) on the ground floor. There is also an attached one-car garage. The second floor space is accessed through a separate entrance and has two bedrooms, full bath, kitchen and a dining room (which could also be a study). The grounds are lush with large trees, grass and greenery. Tons of Potential: second dwelling can be constructed. Across the road is a bike path that provides easy access to Surfside Beach.

Last Agent to Sell the Property

Kenny Hilbig-Ross

William Raveis Nantucket Listed on: 07/18/2013

William Raveis Nantucket

Last Buyer's Agent

Kathy Gallaher

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1969

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R10

Home Design

  • 1,580 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Satellite Dish

Community Details

  • Association fees include 0

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 184

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,756

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.57
  • Garage Yn: No
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 34507-B
  • Appliances: Stove: Yes, Washer: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: carpet
  • Interior Amenities: Ins, Floor 1: Studio space with bedroom, full bath, and living space.  There is also an attached workshop and a one-car garage., Floor 2: Upper level apartment with separate entrance, living area, full kitchen, full bath, two bedrooms, dining/study and covered back deck.
  • Main Level Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: off street

Utilities

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

Fee Information

  • Association Fee Includes: 0

Lot Info

  • Lot Size Sq Ft: 24829
  • Parcel #: 184
  • Zoning: R10

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 2756
  • Tax Lot: 12
  • Tax Map Number: 67
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 1988
Sold by
Smith Norman J
Bought by
Reith William H
Current Estimated Value
$2,131,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
10.02%
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
Reith William H $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reith William H $285,000
Closed Reith William H $230,000
Previous Owner Reith William H $60,000
Closed Reith William H $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2014 02/04/14 Sold $550,000 -26.2% $348 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
07/18/2013 07/18/13 For Sale $745,000 -- $472 / 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 $4,617 $1,407,700 $705,000 $702,700
2024 $4,375 $1,397,700 $705,000 $692,700
2023 $3,793 $1,181,500 $672,000 $509,500
2022 $3,454 $923,500 $542,900 $380,600
2021 $3,420 $942,200 $561,600 $380,600
2020 $3,319 $962,000 $561,600 $400,400
2019 $2,546 $757,800 $556,800 $201,000
2018 $2,034 $576,100 $399,000 $177,100
2017 $1,890 $557,600 $380,500 $177,100
2016 $1,966 $585,000 $352,600 $232,400
2015 $2,291 $634,600 $402,200 $232,400
2014 $2,866 $762,300 $397,300 $365,000
Source: Public Records

Agents Affiliated with this Home

  • Kenny Hilbig-Ross

    Seller's Agent in 2014

    Kenny Hilbig-Ross

    William Raveis Nantucket

    (224) 417-9111

    17 in this area

    22 Total Sales

    Kenny Hilbig-Ross
    Section Image

  • K

    Buyer's Agent in 2014

    Kathy Gallaher

    Maury People Sotheby's International Realty

    (508) 560-0078

    48 in this area

    48 Total Sales

    Kathy Gallaher
    Section Image
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Map

Source: LINK

MLS Number: 78035

APN: NANT-000-067-000-000-0001-84-000-000

Massachusetts Nantucket County Nantucket 02554

81 Fairgrounds Rd, Nantucket, MA

Not Listed for Sale

Detached

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