Check Availability

8 Walnut Lane

8 Walnut Lane, Nantucket, MA 02554
Property in Nantucket
Sold Apr 22, 2021
$1,850,000
$1,480,000 by Citibank Na
Mortgage
Sold May 02, 2018
Transfer
8 Walnut Lane 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 1750 and is 274 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8 Walnut Lane has 1,414 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 2,706 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a historical style.

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 average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8 Walnut Lane was last sold in Apr 20, 2021 for $1,850,000. According to our calculations, that's $1,308.35 per sqft. Current property owners are expected to pay $6,644 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 8 Walnut Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,069,900. To break that down further, the land itself was valued at $1,607,300. While improvements to the property were assessed at a total of $462,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1750
  • Effective Year Built: 1750
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Historical
  • 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: 785
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,706
  • Total Building Area: 1,414
  • Gross Building Area: 2,381
  • Building Area: 1,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,414
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAND W BYRON SNOW & MARGARET S
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CARRERO KELLY A
  • Previous Owner : SEVERN-TAYLOR DOROTHY
  • Previous Owner 2: SEVERN-TAYLOR M H
  • Owner Before Previous Owner: TAYLOR WILLARD B
  • 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: 10183
  • District: 197
  • Parcel: NANT M:04234 P:00069
  • Municipality: NANTUCKET
  • Latitude: 41.2827
  • Longitude: -70.1017

    Address

  • Full Address: 8 Walnut Ln
  • Address - House Number: 8
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C002
  • 4-Digit Zip Code: 3630
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,644
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 55
  • Final Value: 2,460,516
  • High Value: 3,009,031
  • Low Value: 1,912,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,480,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,480,000
  • 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: $2,069,900
  • Assessed Land Value: $1,607,300
  • Assessed Improvements Value: $462,600

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11833117643
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1578
  • Previous Sale Recording Date: May 02, 2018
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $1,480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Nantucket



Similar Buildings

Property at 8 Walnut Lane,

39 Orange Street

  • 1 Unit for Sale
39 Orange Street, Nantucket, MA 02554
Property at 8 Walnut Lane,

36B Lily Street

  • 1 Unit for Sale
  • 1 Story
36B Lily Street, Nantucket, MA 02554
Property at 8 Walnut Lane,

8 Nantucket Avenue

  • 2 Units for Sale
  • 3 Stories
8 Nantucket Avenue, Nantucket, MA 02554
Property at 8 Walnut Lane,

15 Pilgrim Road

  • 2 Units for Sale
15 Pilgrim Road, Nantucket, MA 02554
Property at 8 Walnut Lane,

17 Pilgrim Road

  • 1 Unit for Sale
17 Pilgrim Road, Nantucket, MA 02554
Property at 8 Walnut Lane,

41 Jefferson Avenue

  • 1 Unit for Sale
41 Jefferson Avenue, Nantucket, MA 02554

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8 Walnut Lane located in?
The 8 Walnut Lane is a located in the neighborhood of Nantucket in Nantucket, Nantucket.
What is the average sales price for listings in 8 Walnut Lane?
The average sales price for units in 8 Walnut Lane is $0 currently.

Quantcast