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3 South Mill Street

3 South Mill Street, Nantucket, MA 02554
Property in Nantucket
Sold Feb 13, 2017
$2,725,000
$1,400,000 by Td Bank Na
Mortgage Due Feb 13, 2047
Sold Oct 21, 2005
$2,650,000
$2,650,000 by Sovereign Bank Fsb
Mortgage
3 South Mill Street in Nantucket, MA was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. In total, the area measurement of the land is 21,988 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3 South Mill Street was last sold in Jan 1, 1970 for $2,725,000. Prior to that sales transaction, the property was sold for $2,650,000 in Jan 1, 1970. Current property owners are expected to pay $9,784 in taxes per year. The property on 3 South Mill Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,048,100. To break that down further, the land itself was valued at $1,533,300. While improvements to the property were assessed at a total of $1,514,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 2
  • Bedroom Count: 0
  • Building Style: Conventional
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,988
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.505
  • Standard Land Use Code: Residential income (general) (multi-family)

Ownership

  • Current Owner : MARTIN ROBERT B
  • Current Owner 2: MARTIN ROBIN K
  • Previous Owner : LE SELECT PROPERTIES L
  • Owner Before Previous Owner: 3B SOUTH MILL ST NT
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Account Number: 11122
  • District: 197
  • Parcel: NANT M:05544 P:00022-1
  • Municipality: NANTUCKET
  • Latitude: 41.2787
  • Longitude: -70.1006

    Address

  • Full Address: 3 S Mill St
  • Address - House Number: 3
  • Street Direction: S
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C001
  • 4-Digit Zip Code: 3396
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,784

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 68
  • Final Value: 3,006,368
  • High Value: 3,483,770
  • Low Value: 2,528,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Feb 13, 2017
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 13, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,048,100
  • Assessed Land Value: $1,533,300
  • Assessed Improvements Value: $1,514,800

    Sales

  • Current Sale Recording Date: Feb 13, 2017
  • Current Sale Transaction ID: 1980291086
  • Current Sale Price: $2,725,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 484
  • Previous Sale Recording Date: Oct 21, 2005
  • Previous Sale Amount: $2,650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Feb 13, 2017
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 13, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN BANK FSB
  • Previous Mortgage Transaction Date: Oct 21, 2005
  • Previous Mortgage Loan Amount: $2,650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Nantucket



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Frequently Asked Questions

What neighborhood is 3 South Mill Street located in?
The 3 South Mill Street is a located in the neighborhood of Nantucket in Nantucket, Nantucket.
What is the average sales price for listings in 3 South Mill Street?
The average sales price for units in 3 South Mill Street is $0 currently.

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