NOT LISTED FOR SALE

81 Fairgrounds Rd Nantucket, MA 02554

Estimated Value: $1,340,000 - $1,940,951

3 Beds
2 Baths
1,580 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold February 04, 2014

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

Est. 215% increase in value since last sale

Current estimated payment $9,549/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 Other Annual Assessment Amount: 397300
  • 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
$1,733,488

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:

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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
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

    20 in this area

    25 Total Sales

    Kenny Hilbig-Ross
    Section Image

  • K

    Buyer's Agent in 2014

    Kathy Gallaher

    Maury People Sotheby's International Realty

    (508) 560-0078

    53 in this area

    53 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

This home is located at 81 Fairgrounds Rd, Nantucket, MA 02554 since 18 July 2013 and is currently estimated at $1,733,488, approximately $1,097 per square foot. This property was built in 1969. 81 Fairgrounds Rd 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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