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35 Shawkemo Road

35 Shawkemo Road, Nantucket, MA 02554
Property in Nantucket
Sold Apr 26, 2022
$15,250,000
$10,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2052
Sold Dec 08, 2021
$7,500,000
$3,000,000 by Hanley &gifford Llp
Mortgage
35 Shawkemo Road has been categorized by the local assessors in Nantucket, MA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The area measurement of the land has been determined as 307,308 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The roof of the building is made of wood shake/ shingles. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Apr 20, 2022 for $15,250,000. Prior to that sales transaction, the property was also sold in Dec 7, 2021 for $7,500,000. 35 Shawkemo Road was last assessed in 2023. The total value of the property was assessed at $14,117,300. Specifically, the land the property is located on was valued at $5,724,700. While improvements on the property were assessed at a total of $8,392,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $45,317. The initial tax year of delinquency was in 2024. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 2
  • Bedroom Count: 0
  • Roof Cover Type: Wood shake/ shingles
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 307,308
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 7.055
  • Standard Land Use Code: Residential income (general) (multi-family)

Ownership

  • Current Owner : OUTER BURROW LLC
  • Previous Owner : ROSENZWEIG DAVID A
  • Owner Before Previous Owner: ROSENZWEIG DAVID A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 16, 2023

Neighborhood

  • School District Name: Nantucket School District
  • School Tax School District: NANTUCKET SD
  • Census Tract: 950500

Zoning

  • Zoning: LUG1

Geography

  • Account Number: 2603
  • District: 197
  • Parcel: NANT M:00044 P:00062
  • Municipality: NANTUCKET
  • Latitude: 41.2894
  • Longitude: -70.0628

    Address

  • Full Address: 35 Shawkemo Rd
  • Address - House Number: 35
  • Address - Street Name: Shawkemo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C008
  • 4-Digit Zip Code: 2323
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,317
  • Intital Tax Deliquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 2,185,859
  • High Value: 2,541,134
  • Low Value: 1,830,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 17, 2022
  • First Open Lien Mortgage Loan Amount: $10,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,117,300
  • Assessed Land Value: $5,724,700
  • Assessed Improvements Value: $8,392,600

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Transaction ID: 11887040453
  • Current Sale Price: $15,250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 173876
  • Previous Sale Recording Date: Dec 08, 2021
  • Previous Sale Contract Date: Dec 07, 2021
  • Previous Sale Amount: $7,500,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Previous Mortgages

  • Previous Mortgage Lender: HANLEY &GIFFORD LLP
  • Previous Mortgage Transaction Date: Dec 08, 2021
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Nantucket



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Frequently Asked Questions

What neighborhood is 35 Shawkemo Road located in?
The 35 Shawkemo Road is a located in the neighborhood of Nantucket in Nantucket, Nantucket.
What is the average sales price for listings in 35 Shawkemo Road?
The average sales price for units in 35 Shawkemo Road is $0 currently.

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