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5 Franklin Street

5 Franklin Street, Nantucket, MA 02554
Property in Nantucket
Sold Nov 24, 1997
$260,060
$200,060 by Mary Ruley
Mortgage
Local assessors in Nantucket, MA have categorized 5 Franklin Street as a residential type of property. The home was built in 1934 and is 90 years old. The property's lot size has been calculated to be 5,365 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style.

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. The building has a roof that is made of asphalt. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 1, 1970 for $260,060. 5 Franklin Street was last assessed in 2023. The total value of the property was assessed at $1,447,800. Specifically, the land the property is located on was valued at $911,400. While improvements on the property were assessed at a total of $536,400. 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 $4,647. 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: 1934
  • Effective Year Built: 1934
  • Building Count: 2
  • Bedroom Count: 0
  • Building Style: Cape Cod
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,365
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.123
  • Standard Land Use Code: Residential income (general) (multi-family)

Ownership

  • Current Owner : RULEY MARGARET A
  • Previous Owner : RULEY MARY L
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Account Number: 2151
  • District: 197
  • Parcel: NANT M:00041 P:00391
  • Municipality: NANTUCKET
  • Latitude: 41.2861
  • Longitude: -70.1083

    Address

  • Full Address: 5 Franklin St
  • Address - House Number: 5
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C002
  • 4-Digit Zip Code: 2114
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,647

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 68
  • Final Value: 2,334,510
  • High Value: 2,705,223
  • Low Value: 1,963,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,060
  • First Open Lien Mortgage Lender: MARY RULEY
  • First Open Lien Mortgage Recording Date: Nov 24, 1997
  • First Open Lien Mortgage Loan Amount: $200,060
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,447,800
  • Assessed Land Value: $911,400
  • Assessed Improvements Value: $536,400

    Sales

  • Current Sale Recording Date: Nov 24, 1997
  • Current Sale Transaction ID: 1051371171
  • Current Sale Price: $260,060
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARY RULEY
  • First Mortgage Transaction Date: Nov 24, 1997
  • First Mortgage Loan Amount: $200,060
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Nantucket



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Frequently Asked Questions

What neighborhood is 5 Franklin Street located in?
The 5 Franklin Street is a located in the neighborhood of Nantucket in Nantucket, Nantucket.
What is the average sales price for listings in 5 Franklin Street?
The average sales price for units in 5 Franklin Street is $0 currently.

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