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8 Woodland Drive

8 Woodland Drive, Nantucket, MA 02554
Property in Nantucket
Sold Mar 23, 2021
$1,700,000
Buyer
Seller
$1,360,000 by Ubs Bank Usa
Mortgage
Sold Oct 29, 2014
$825,000
$618,750 by Rbs Citizens Na
Mortgage Due Oct 29, 2044
Local assessors in Nantucket, MA have categorized 8 Woodland Drive as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 20,012 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8 Woodland Drive has a total of 2,301 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. The property was last sold in Mar 22, 2021 for $1,700,000. That's $738.81 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $825,000. 8 Woodland Drive was last assessed in 2023. The total value of the property was assessed at $1,724,100. Specifically, the land the property is located on was valued at $705,600. While improvements on the property were assessed at a total of $1,018,500. 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 $5,534. 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! 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Cape Cod
  • 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: 1,084
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,012
  • Total Building Area: 2,301
  • Gross Building Area: 4,254
  • Building Area: 2,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,301
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEFINITIVE
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHOKHI LLC
  • Previous Owner : KUMAR MOHINI
  • Owner Before Previous Owner: ROBERT M WARD LT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Nantucket School District
  • School Tax School District: NANTUCKET SD
  • Census Tract: 950400

Zoning

  • Zoning: R2

Geography

  • Account Number: 7442
  • District: 197
  • Parcel: NANT M:00079 P:00200
  • Municipality: NANTUCKET
  • Latitude: 41.2562
  • Longitude: -70.0781

    Address

  • Full Address: 8 Woodland Dr
  • Address - House Number: 8
  • Address - Street Name: Woodland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Nantucket
  • Carrier Code: C007
  • 4-Digit Zip Code: 2880
  • Zip Code: 02554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,534

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 55
  • Final Value: 2,073,325
  • High Value: 2,533,702
  • Low Value: 1,612,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,360,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • 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: $1,724,100
  • Assessed Land Value: $705,600
  • Assessed Improvements Value: $1,018,500

    Sales

  • Current Sale Contract Date: Mar 22, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11827731193
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1111
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Mar 23, 2021
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: RBS CITIZENS NA
  • Previous Mortgage Transaction Date: Oct 29, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $618,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 29, 2044

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

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

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