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10 Martins Lane

10 Martins Lane, Nantucket, MA 02554
Property in Nantucket
Sold Sep 29, 2017
$1,500,000
$1,200,000 by Blue Hills Bank
Mortgage Due Sep 29, 2047
Sold Dec 24, 2013
$600,000
$600,000 by Bank Of Maine
Mortgage Due Dec 24, 2043
Local assessors in Nantucket, MA have categorized 10 Martins Lane as a residential type of property. The home was built in 1750 and is 274 years old. The property's lot size has been calculated to be 4,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a historical style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10 Martins Lane has a total of 2,003 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of wood shake/ shingles. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with wood. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Martins Lane sold most recently in Jan 1, 1970 for a total of $1,500,000. If you work out the math, that's approximately a cost of $748.88 per sqft. Before that, the property was also sold for $600,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,537 in taxes each year. 10 Martins Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,036,600. If we break it down further, the land itself was valued at $1,383,200. Improvements to the property, however, were assessed at a total of $653,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1750
  • Effective Year Built: 1750
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Historical
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 891
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 2,003
  • Gross Building Area: 2,400
  • Building Area: 2,003
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: None
  • Heated Square Feet: 2,003
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JENNINGS KENNETH L
  • Current Owner 2: MESSINA ALBERT S
  • Previous Owner : KILVERT 3RD CHARLES A
  • Previous Owner 2: KILVERT EMILY H
  • Owner Before Previous Owner: HIGGINS 4TH WILLIAM H
  • Owner Before Previous Owner 2: HIGGINS ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nantucket School District
  • School Tax School District: NANTUCKET SD
  • Census Tract: 950100

Zoning

  • Zoning: ROH

Geography

  • Account Number: 9891
  • District: 197
  • Parcel: NANT M:04232 P:00172
  • Municipality: NANTUCKET
  • Latitude: 41.2811
  • Longitude: -70.0992

    Address

  • Full Address: 10 Martins Ln
  • Address - House Number: 10
  • Address - Street Name: Martins
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C001
  • 4-Digit Zip Code: 3716
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,537

    Appraisal Valuation

  • Standard Deviation: 0.2735
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 60
  • Final Value: 3,283,225
  • High Value: 4,181,412
  • Low Value: 2,385,037

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,780,000
  • First Open Lien Mortgage Lender: BLUE HILLS BANK
  • First Open Lien Mortgage Recording Date: Sep 29, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 29, 2047
  • Second Open Lien Mortgage Lender: ROCKLAND TRUST CO
  • Second Open Lien Mortgage Recording Date: Dec 20, 2019
  • Second Open Lien Mortgage Loan Amount: $580,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,036,600
  • Assessed Land Value: $1,383,200
  • Assessed Improvements Value: $653,400

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Transaction ID: 1736745840
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 2907
  • Previous Sale Recording Date: Dec 24, 2013
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: BLUE HILLS BANK
  • First Mortgage Transaction Date: Sep 29, 2017
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 29, 2047

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF MAINE
  • Previous Mortgage Transaction Date: Dec 24, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 24, 2043

About Nantucket



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Frequently Asked Questions

What neighborhood is 10 Martins Lane located in?
The 10 Martins Lane is a located in the neighborhood of Nantucket in Nantucket, Nantucket.
What is the average sales price for listings in 10 Martins Lane?
The average sales price for units in 10 Martins Lane is $0 currently.

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