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46 Fair Street

46 Fair Street, Nantucket, MA 02554
Property in Nantucket
Sold Oct 09, 2019
$1,590,000
$875,000 by Quicken Loans Inc
Mortgage
Sold Jul 31, 2006
$945,000
$756,000 by Washington Mutual Bk
Mortgage
46 Fair Street 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 1797 and is 227 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 46 Fair Street has 2,058 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,015 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 46 Fair Street sold most recently in Oct 8, 2019 for a total of $1,590,000. If you work out the math, that's approximately a cost of $772.59 per sqft. Before that, the property was also sold for $945,000 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 $6,282 in taxes each year. 46 Fair Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,956,943. If we break it down further, the land itself was valued at $904,943. Improvements to the property, however, were assessed at a total of $1,052,000. The property's total assessed value has been marked as more than the total market value 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.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: 1797
  • Effective Year Built: 1797
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 918
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,015
  • Total Building Area: 2,058
  • Gross Building Area: 2,741
  • Building Area: 2,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,058
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LECOURS ROBERT J
  • Current Owner 2: WUNDERLICH DAVID A
  • Previous Owner : MERSON JOHN C
  • Previous Owner 2: BUNEVICH CAROL S
  • Owner Before Previous Owner: MINSTRELL PAULINE A
  • Owner Before Previous Owner 2: MINSTRELL MARY E
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: ROH

Geography

  • Account Number: 9872
  • District: 197
  • Parcel: NANT M:04232 P:00154
  • Municipality: NANTUCKET
  • Latitude: 41.2797
  • Longitude: -70.0983

    Address

  • Full Address: 46 Fair St
  • Address - House Number: 46
  • Address - Street Name: Fair
  • Address - Suffix Type: St
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C001
  • 4-Digit Zip Code: 3740
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,282

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 55
  • Final Value: 2,598,466
  • High Value: 3,174,331
  • Low Value: 2,022,600

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,725,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 09, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: Sep 14, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $850,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,956,943
  • Assessed Land Value: $904,943
  • Assessed Improvements Value: $1,052,000

    Sales

  • Current Sale Contract Date: Oct 08, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Transaction ID: 11662304324
  • Current Sale Price: $1,590,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 2658
  • Previous Sale Recording Date: Jul 31, 2006
  • Previous Sale Amount: $945,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 09, 2019
  • First Mortgage Loan Amount: $875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BK
  • Previous Mortgage Transaction Date: Jul 31, 2006
  • Previous Mortgage Loan Amount: $756,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Nantucket



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 46 Fair Street located in?
The 46 Fair Street is a located in the neighborhood of Nantucket in Nantucket, Nantucket.
What is the average sales price for listings in 46 Fair Street?
The average sales price for units in 46 Fair Street is $0 currently.

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