$2,950,000
SOLD MAR 12, 2024

85 Somerset Rd Nantucket, MA 02554

2 Beds
2.5 Baths
2,069 Sq Ft
0.48 Acres

Recently Sold

$1,426 Per Sq Ft

About This Home

As of March 2024

Not listed in LINK.

Last Agent to Sell the Property

Nantucket CompLINK

LINK Listing Information Network Listed on: 03/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 1998

Lot Details

  • 0.48 Acre Lot
  • Property is zoned R20

Interior Spaces

  • 2,069 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1 (proposed)
  • Assessor Parcel Number 80 (part of)

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,795

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.4757
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 2019-4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Pine/soft wood

Exterior Features

  • Pool Private: No
  • View: None, Pasture

Utilities

  • Heating: OFHW
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 20723
  • Parcel #: 80 (part of)
  • Zoning: R20

Tax Info

  • Tax Lot: 1 (proposed)
  • Tax Map Number: 66
  • Tax Other Annual Assessment Amount: 698000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Feb 11, 2019
Sold by
Hoffman Mitchell A
Bought by
8Teefore Real Estate Llc
Seller's Agent
Nantucket CompLINK
LINK Listing Information Network
Sold Price
$1,275,000
Current Estimated Value
$2,508,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,233,679
Avg. Annual Appreciation
11.06%
Original Mortgage
$892,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1997
Sold by
David Hostetler T and David Hostetler
Bought by
Connor Christopher J and Connor Lisa M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $134,500 --
Deed $134,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Stand Alone Refi Refinance Of Original Loan
Open $1,950,000 Purchase Money Mortgage
Closed $1,950,000 Purchase Money Mortgage
Closed $892,500 Purchase Money Mortgage
Closed $0 Purchase Money Mortgage
Previous Owner $80,000 Unknown
Previous Owner $342,000 No Value Available
Previous Owner $60,000 No Value Available
Previous Owner $280,000 No Value Available
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $2,950,000 +131.4% $1,426 / Sq Ft
02/14/2019 02/14/19 Sold $1,275,000 -- $625 / 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 $4,795 $1,461,900 $741,600 $720,300
2024 $4,506 $1,439,600 $741,600 $698,000
2023 $4,031 $1,255,900 $706,200 $549,700
2022 $39 $1,029,300 $569,000 $460,300
2021 $3,767 $1,037,700 $588,600 $449,100
2020 $5,048 $1,463,300 $603,000 $860,300
2019 $4,891 $1,455,800 $595,500 $860,300
2018 $2,613 $1,238,900 $595,500 $643,400
2017 $4,032 $1,189,300 $545,900 $643,400
2016 $3,763 $1,119,800 $476,400 $643,400
2015 $3,925 $1,087,300 $421,500 $665,800
2014 $4,009 $1,066,200 $400,400 $665,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nantucket CompLINK

    LINK Listing Information Network

    428 in this area

    429 Total Sales

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Map

Source: LINK

MLS Number: 91059

APN: NANT-000-066-000-000-0000-80-000-000

Massachusetts Nantucket County Nantucket 02554

85 Somerset Rd, Nantucket, MA

This home is located at 85 Somerset Rd, Nantucket, MA 02554 and is currently priced at $2,950,000, approximately $1,425 per square foot. This property was built in 1998. 85 Somerset 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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