Sold for $1,900,000

$1,900,000

8 Essex Rd, Nantucket, MA 02554

4beds

1,872sqft

Single Family Residence

Built in 2011

0.32 Acres Lot

$2,251,600 Zestimate^®

$1,015/sqft

$5,390 Estimated rent

Home value

$2,251,600

$2.05M - $2.50M

$5,390/mo

Zestimate^® history

Owner options

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$5,390/mo

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$5,390/mo

Rent Zestimate^®

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$10,971/mo

Est. payment

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$10,971/mo

Est. payment

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What's special

Colonial homeClose proximity to schools

Commercial Neighborhood zoning here at 8 Essex Road, which offers a 13,951 square foot lot and has a 4 bedroom, 3 bathroom Colonial home built in 2011. There is plenty of room for expansion, current zoning allows for up to 40% ground coverage. Close proximity to schools, playground and many local businesses. Great opportunity for a local business to custom build to their needs while offering employee or year round housing. Any plans to build would be subject to subdivision modification process.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 1

Heating

GFHW

Appliances

Included: Stove: Gas

Features

Floor 1: Living room, Kitchen/Dining room, bedroom/den (being used as an office) and a full bathroom. Front door enters into the living room. Side entrance from driveway enters into a mud room/hall and there are sliders from the dining area out to the patio and the expansive back yard., Floor 2: Three bedrooms, all have wall to wall carpet. The primary offers a large walk-in closet and a full bathroom. One full guest bathroom., Floor 3: Attic only. Not being used.
Basement: 9.5 Foot ceilings - has plumbing for bathroom and kitchen. Currently used as storage and laundry area. Basement has radiant heating in the floor and fully insulated walls.
Fireplace features: None

Interior area

Total structure area: 1,872
Total interior livable area: 1,872 sqft

Property

Parking

Parking features: Driveway to left of house wraps around back

Features

Exterior features: Patio
Has view: Yes
View description: None
Frontage type: None

Lot

Size: 0.32 Acres
Features: Front And Back

Details

Additional structures: Shed
Parcel number: 640
Zoning: CN

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Poured concrete, 9.5 feet ceilings, radiant heat in floor, insulated

Condition

Year built: 2011

Utilities & green energy

Sewer: Town
Water: Town
Utilities for property: Cbl

Community & HOA

HOA

HOA fee: $450 annually

Location

Region: Nantucket

Financial & listing details

Price per square foot: $1,015/sqft
Tax assessed value: $1,068,900
Annual tax amount: $5,368
Date on market: 11/21/2023
Listing agreement: E

Price history

Date	Event	Price
5/15/2024	Sold	$1,900,000-4.8%$1,015/sqft
Source: LINK #90805 Report a problem
2/21/2024	Pending sale	$1,995,000$1,066/sqft
Source: LINK #90805 Report a problem
2/1/2024	Listed for sale	$1,995,000$1,066/sqft
Source: LINK #90805 Report a problem
1/8/2024	Listing removed	--
Source: LINK #90805 Report a problem
11/21/2023	Listed for sale	$1,995,000+1905%$1,066/sqft
Source: LINK #90805 Report a problem
9/3/1998	Sold	$99,500$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,368 +41.2%	$1,636,500 +34.8%
2024	$3,801 +10.8%	$1,214,300 +13.6%
2023	$3,431	$1,068,900 +25.9%
2022	--	$848,800
2021	$3,081 +2.6%	$848,800 -2.5%
2020	$3,003 +2.1%	$870,400 -0.6%
2019	$2,942 +0.2%	$875,500 +5.3%
2018	$2,935 +29.8%	$831,500 +24.6%
2017	$2,261 +5.9%	$667,100 +5%
2016	$2,135 +3.6%	$635,300 +11.3%
2015	$2,060 -4%	$570,600
2014	$2,145 +2.4%	$570,600
2013	$2,094 +157.2%	$570,600 +153.8%
2012	$814 +1.1%	$224,800
2011	$805 -12.3%	$224,800 -26.3%
2010	$918 -11.3%	$305,000 -18.7%
2009	$1,035 -8.8%	$375,000 -11.8%
2008	$1,135 +7.3%	$425,000
2007	$1,058 +10.9%	$425,000 +26.5%
2006	$954 +31.4%	$336,000 +52.8%
2005	$726 +17.9%	$219,900 +11.7%
2004	$616 -8.5%	$196,800
2003	$673 +8.5%	$196,800 +25%
2001	$620	$157,400