NOT LISTED FOR SALE

86 Hummock Pond Rd Nantucket, MA 02554

Estimated Value: $3,695,000 - $4,846,000

3.5 Acres
$1,250,108 Price per Acre
152,460 Sq Ft Lot

Last Sold June 12, 2017

Last sale price $625,000

Est. 600% increase in value since last sale

Current estimated payment $23,873/month

397 Days on Market

About This Lot

As of June 2017

Affordable, oversized lot located in the desirable Hummock Pond/Cisco area, close to Bartlett Farm, brewery, fish market and beaches. Located in town water and sewer district, but not connected (awaiting infrastructure). Building footprint of approximately 1,400 sf.

Last Agent to Sell the Property

Jim Houghton

William Raveis Nantucket Listed on: 04/10/2016

Last Buyer's Agent

Michele Lindstedt

Great Point Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $474

Lot Details

  • 3.5 Acre Lot
  • Property is zoned R20

Property Views

  • Pasture Views

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 117

Property Details

Property Type

Land

Est. Annual Taxes

$474

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 3.5
  • Special Features: None

Interior Features

  • Possible Use: PL BK 18 PG 134

Exterior Features

  • Pool Private: No
  • View: None, Pasture

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 152460
  • Parcel #: 117
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 474.43
  • Tax Lot: 1
  • Tax Map Number: 56
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2016
Closed on
Jun 12, 2017
Sold by
Hummock Pond Rt
Bought by
Oconnor Alan and Farrell Claire
Seller's Agent
Jim Houghton
William Raveis Nantucket
Buyer's Agent
Michele Lindstedt
Great Point Properties
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%
Current Estimated Value
$4,375,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,750,378
Avg. Annual Appreciation
25.73%
Original Mortgage
$468,750
Outstanding Balance
$398,731
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$3,976,647

Purchase Details

Closed on
Sep 9, 2005
Sold by
Holmes Quentin S and Holmes Jean S
Bought by
Hummock Pond Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Holmes Jean S and Holmes Quentin S
Bought by
Q S Holmes Nt

Purchase Details

Closed on
Oct 3, 1997
Sold by
Old Settlement Corp
Bought by
Feinberg Catherine C
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
Oconnor Alan $625,000 --
Hummock Pond Rt $495,000 --
Hummock Pond Rt $495,000 --
Hummock Pond Rt $495,000 --
Q S Holmes Nt -- --
Feinberg Catherine C $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Alan $468,750
Previous Owner Hummock Pond Rt $445,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $625,000 -2.2% --
05/13/2017 05/13/17 Pending -- -- --
04/10/2016 04/10/16 For Sale $639,000 -- --
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 $10,574 $3,223,720 $1,084,920 $2,138,800
2024 $9,929 $3,172,120 $1,084,920 $2,087,200
2023 $8,341 $2,598,580 $1,034,380 $1,564,200
2022 $7,154 $1,912,800 $729,900 $1,182,900
2021 $7,109 $1,958,400 $775,500 $1,182,900
2020 $4,229 $1,225,900 $666,100 $559,800
2019 $2,201 $655,000 $655,000 $0
2018 $2,439 $690,800 $690,800 $0
2017 $457 $134,800 $134,800 $0
2016 $470 $140,000 $140,000 $0
2015 $379 $105,000 $105,000 $0
2014 $375 $99,800 $99,800 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jim Houghton

    William Raveis Nantucket

    (508) 228-9206

    10 in this area

    10 Total Sales

    Jim Houghton
    Section Image

  • M

    Buyer's Agent in 2017

    Michele Lindstedt

    Great Point Properties

    (508) 737-0134

    29 in this area

    29 Total Sales

    Michele Lindstedt
    Section Image
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Map

Source: LINK

MLS Number: 81732

APN: NANT-000-056-000-000-0001-17-000-000

Massachusetts Nantucket County Nantucket 02554

86 Hummock Pond Rd, Nantucket, MA

Not Listed for Sale

Lots

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