NOT LISTED FOR SALE

87 Main St Nantucket, MA 02554

Estimated Value: $3,717,000 - $4,364,000

4 Beds
4 Baths
2,628 Sq Ft
$1,571/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $4,000,000 $1,522 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $24,150/month

327 Days on Market

About This Home

As of December 2024

This is a rare opportunity to own one of the most charming homes on Nantucket's cobblestoned Main Street. This ideal location is just a short walk to shopping, restaurants, the waterfront, ferries and is perfect for enjoying Nantucket's town based festivals. This lovely and impeccably maintained home has been on many popular house tours and has been featured in prominent lifestyle magazines. It beautifully blends 19th century architecture with contemporary touches for comfortable living.The sitting room on the second floor could be converted to a 4th bedroom.

Last Listed By

Hal Herrick

Lee Real Estate Listed on: 04/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,528

Year Built

  • Built in 1830

Lot Details

  • 2,613 Sq Ft Lot
  • Garden
  • Property is zoned ROH

Home Design

  • 2,628 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 30

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,528

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.06
  • Garage Yn: No
  • Year Built: 1830
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 15811-B
  • Appliances: Stove: Viking, Washer: Whirlpool
  • Has Basement: Large full basement houses washer/dryer, industrial sink, workbench, utilities and generous storage spaces.
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 8
  • Fireplace: No
  • Flooring: Antique Pine
  • Interior Amenities: A,AC,Disp,Ins,OSh, Floor 1: The front door opens into a gracious entry way with a wide entrance to a formal Living Room that faces Main Street. Behind it - is a stunning copper top and cherry paneled wine bar with a. SubZero wine refrigerator, leading to one of the coziest dens you will ever enjoy. A Dining Room is set to the side on the way to the modern kitchen, featuring stone countertops, island with seating, SubZero and Viking appliances, fireplace, sitting area and built in bookshelves. Rear door to outdoor patio. There is a charming half-bath nestled beneath the front stairs., Floor 2: At the top of the front stairs, there's a cozy nook with a beautiful view down and across Main Street. Across from it - also facing Main Street, is a newly renovated Guest Room with a fireplace and half-bath. As you walk to the back of the house, there is another bedroom currently furnished as a sitting area, a third bedroom and then the Master Bedroom with ensuite bathroom and new walk-in shower. The fourth bedroom was converted to a sitting area but could be decorated back as the 4th bedroom., Floor 3: Full attic space that could be finished for more living area. Wide, original pine floor boards.

Exterior Features

  • Lot Features: Right of way for the shared use of driveway owned by 85 Main. The 87 Main Street owners can transit the driveway to drop off groceries and park temporarily as needed. This long-standing right of way is noted on the plot pan/deed., Yes
  • Pool Private: No
  • View: None, Twn
  • Exterior Features: Patio, Garden
  • Foundation Details: Brick
  • Other Structures: A charming outdoor patio and gardens are the perfect setting for relaxing or hosting outdoor parties.

Garage/Parking

  • Parking Features: Street- (Plans are being submitted to HDC for a one car off street parking spot)

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2613
  • Parcel #: 30
  • Zoning: ROH

Green Features

Multi Family

Tax Info

  • Tax Lot: 2
  • Tax Map Number: 4234
  • Tax Other Annual Assessment Amount: 1688700
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Hubbell Peter B
Bought by
Peter B Hubbell Ret and Hubbell
Total Days on Market
327
Current Estimated Value
$4,127,866

Purchase Details

Closed on
Feb 27, 2004
Sold by
Mccarthy Edward J and Mccarthy Dorothy H
Bought by
Hubbell Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1993
Sold by
Citicorp Mtg Inc
Bought by
Mccarthy Edward J and Mccarthy Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1992
Sold by
Doyle Steven F
Bought by
Citicorp Mtg Inc

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 Buyer Sale Price Title Company
Peter B Hubbell Ret -- None Available
Peter B Hubbell Ret -- None Available
Hubbell Peter B $1,700,000 --
Mccarthy Edward J $415,000 --
Citicorp Mtg Inc $581,000 --
Hubbell Peter B $1,700,000 --
Mccarthy Edward J $415,000 --
Citicorp Mtg Inc $581,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hubbell Peter B $446,500
Previous Owner Hubbell Peter B $120,000
Previous Owner Hubbell Peter B $1,300,000
Previous Owner Mccarthy Edward J $332,000
Previous Owner Doyle Barbara A $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $4,000,000 -11.0% $1,522 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $4,495,000 +12.4% $1,710 / Sq Ft
10/06/2024 10/06/24 Off Market $4,000,000 -- --
08/21/2024 08/21/24 Price Changed $4,495,000 -10.0% $1,710 / Sq Ft
07/07/2024 07/07/24 Price Changed $4,995,000 -16.7% $1,901 / Sq Ft
06/07/2024 06/07/24 Price Changed $5,995,000 -11.2% $2,281 / Sq Ft
12/15/2023 12/15/23 For Sale $6,750,000 -- $2,568 / 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 $12,528 $3,819,500 $1,658,000 $2,161,500
2024 $11,594 $3,704,200 $1,688,700 $2,015,500
2023 $10,009 $3,118,100 $1,608,200 $1,509,900
2022 $10,195 $2,726,000 $1,462,000 $1,264,000
2021 $9,330 $2,570,200 $1,169,600 $1,400,600
2020 $9,957 $2,886,200 $1,267,100 $1,619,100
2019 $9,698 $2,886,200 $1,267,100 $1,619,100
2018 $8,473 $2,400,300 $1,218,300 $1,182,000
2017 $7,836 $2,311,600 $1,184,200 $1,127,400
2016 $7,635 $2,272,200 $1,169,600 $1,102,600
2015 $7,478 $2,071,500 $980,900 $1,090,600
2014 $7,789 $2,071,500 $980,900 $1,090,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK

MLS Number: 90895

APN: NANT-004-234-000-000-0000-30-000-000