16 Galen Avenue, Nantucket, MA 02554

16 Galen Avenue Nantucket MA 02554
Owner Information
Owner 1
Michael T Varallo & Carol A
Owner 2
Owner's Address
130 Glenwood Rd Ridgewood, NJ 07450
Market Sale Information
Most recent sale date
1/27/1989
Previous sale date
Transfer document #
C0013-0963
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$280,000.00
Previous sale price
N/A
Site Information
Property ID
29-118
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1965
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2132
Number of Kitchen
1
Gross Living Area
3380
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,231,700.00
Total value
$3,856,400.00
Building value
$1,624,700.00
Estimated tax
$12,070.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 16 Galen Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $131.33 Style Colonial Age 1965 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 3380 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,624,700.00 AEM Value - Land $2,231,700.00 AEM Value - Other $0.00 AEM Value - Total $3,856,400.00
A) 25 Willard Street 0.1 9/17/2024 $5,650,000 1,993 1.75 $2834.92 Conventional 1900 5 5 1 3808 None 0.46 Asph/F Gls/Cmp $1,052,700 $2,314,200 $0 $3,366,900
B) 45 West Chester Street 0.5 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
C) 149 Main Street 0.7 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
D) 1 Farmer Street 0.7 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
E) 17 Pleasant Street 0.7 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
F) 35 Pleasant Street 0.8 9/17/2024 $3,735,000 1,680 1 $2223.21 Bungalow 1927 2 1 4002 Hot Water 0.23 Asph/F Gls/Cmp $659,500 $1,555,200 $0 $2,214,700
G) 6 West Dover Street 0.9 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
H) 101 Orange Street 1.0 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Galen Avenue 1/27/1989 $280,000 0 Colonial 2,132 0.16 4 3-1 -
  Criteria
A 25 Willard Street 9/17/2024 $5,650,000 0.1 Conventional 1,993 0.46 5 5-1
B 45 West Chester Street 4/17/2024 $3,200,000 0.5 Conventional 1,972 0.14 4 3-
C 149 Main Street 5/17/2024 $4,225,000 0.7 Conventional 1,698 0.14 3 1-1
D 1 Farmer Street 5/10/2024 $3,600,000 0.7 Antique 2,430 0.06 3 3-1
E 17 Pleasant Street 7/5/2024 $3,715,000 0.7 Antique 2,100 0.09 2 3-
F 35 Pleasant Street 9/17/2024 $3,735,000 0.8 Bungalow 1,680 0.23 2 1-
G 6 West Dover Street 7/18/2024 $2,130,000 0.9 Antique 2,321 0.14 4 1-
H 101 Orange Street 9/9/2024 $3,150,000 1.0 Antique 2,533 0.19 4 3-1
Averages 80 days $3,675,625 0.68 --- 2,091 0.18 --- ---  

Estimation of Market Value - $4,608,682

As of today, 09/28/2024, the estimated market value of 16 Galen Avenue, Nantucket considering the above 8 comparable properties is $4,608,682.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Galen Avenue 1/27/1989 $280,000 0 Colonial 2,132 0.16 4 3-1 -
  Criteria
A 19 East Lincoln Avenue 3/24/2016 $2,838,000 0.0 Colonial 2,419 0.14 4 3-
B 21 East Lincoln Avenue 1/29/2001 $0 0.0 Conventional 1,786 0.09 4 2-
C 12 Galen Avenue 4/14/2023 $5,800,000 0.0 Custom Built 4,055 0.23 6 5-1
D 17 East Lincoln Avenue 5/28/2015 $2,500 0.0 Conventional 1,335 0.19 5 2-1
E 11 Galen Avenue 7/1/1988 $2,500 0.0 Vacant Land 0.16 -
F 25 East Lincoln Avenue 7/24/2006 $0 0.0 Conventional 1,927 0.13 4 3-
G 9 Galen Avenue $0 0.0 Vacant Land 0.56 -
H 10 Galen Avenue 3/14/1997 $0 0.0 Colonial 2,270 0.14 3 2-1
I 13 East Lincoln Avenue 9/15/2005 $945,000 0.0 Cottage 396 0.05 2 1-
J 27 East Lincoln Avenue 12/26/2021 $0 0.0 Ranch 1,400 0.17 2 2-
K 11 East Lincoln Avenue 11/13/2020 $2,800,000 0.0 Cape Cod 2,489 0.1 5 4-
L 16 East Lincoln Avenue 9/29/2016 $0 0.0 Cape Cod 1,580 0.12 3 2-1
M 24 East Lincoln Avenue 8/15/2022 $0 0.0 Cape Cod 2,014 0.12 3 2-1
N 5 Galen Avenue 12/29/2016 $0 0.0 Colonial 1,476 0.11 4 3-1
O 8 Galen Avenue 7/15/2021 $4,540,000 0.0 Custom Built 2,943 0.16 4 4-1
P 20 East Lincoln Avenue 1/29/2001 $0 0.1 Conventional 1,278 0.67 4 1-1
Q 22 Brant Point Road 8/29/2007 $4,495,000 0.1 Colonial 3,659 1.09 5 3-1
R 14 East Lincoln Avenue 10/15/2021 $0 0.1 Colonial 2,036 0.12 4 3-1
S 29 East Lincoln Avenue 1/29/2021 $0 0.1 Ranch 1,191 0.12 3 2-
T 7 East Lincoln Avenue 8/13/2020 $2,183,250 0.1 Custom Built 3,768 0.2 4 5-1
U 25 North Beach Street 11/30/2021 $2,848,000 0.1 Ranch 1,150 0.09 4 1-1
V 3 Galen Avenue 10/18/2012 $1,400,000 0.1 Ranch 1,106 0.11 3 2-
W 12 East Lincoln Avenue 6/11/2018 $100 0.1 Custom Built 2,482 0.11 4 4-1
X 13 Cornish Court 3/9/2020 $0 0.1 Vacant Land 0.18 -
Y 20 Brant Point Road 2/27/1989 $0 0.1 Custom Built 4,402 0.96 4 4-
Z 4 Galen Avenue 8/18/2010 $1,215,000 0.1 Cape Cod 1,483 0.12 3 2-1
- 10 East Lincoln Avenue 6/11/2018 $0 0.1 Custom Built 2,539 0.11 4 3-1
- 1 Galen Avenue 11/24/2020 $2,795,000 0.1 Custom Built 1,584 0.05 3 3-
- 23 North Beach Street 1/21/2016 $0 0.1 Colonial 1,600 0.1 2 3-
- 34-B Walsh Street 7/24/2015 $2,500 0.1 Cape Cod 2,249 0.17 3 2-1
- 34-A Walsh Street 10/29/2015 $2,500 0.1 Colonial 960 0.16 2 1-1
- 5 East Lincoln Avenue 9/14/2022 $3,495,000 0.1 Ranch 1,484 0.14 4 3-1
- 27 North Beach Street 9/17/2024 $3,900,000 0.1 Cape Cod 1,224 0.2 3 2-
- 18 Brant Point Road 1/17/1997 $817,500 0.1 Colonial 3,229 0.89 6 4-1
- 6 East Lincoln Avenue 10/7/1999 $0 0.1 Conventional 1,659 0.17 4 2-
- 1 Sylvia Lane 10/8/2013 $0 0.1 Ranch 1,639 0.23 3 3-
- 34 Walsh Street 10/30/2020 $4,550,000 0.1 Custom Built 2,605 0.17 6 5-1
- 30 Walsh Street-Lot 110 5/26/2022 $0 0.1 Vacant Land 0.24 -
- 24 Walsh Street 9/6/2024 $6,350,000 0.1 Antique 2,758 0.11 5 5-1
- 30 Walsh Street 5/26/2022 $0 0.1 Ranch 1,524 0.18 3 2-
- 38 Walsh Street 9/1/2020 $2,550,000 0.1 Custom Built 1,491 0.08 4 2-1
- 40 Walsh Street 1/4/2024 $2,900,000 0.1 Colonial 1,816 0.07 5 2-
- 22 Walsh Street 8/13/2014 $0 0.1 Bungalow 580 0.11 1 1-
- 11 Swain Street 11/4/2022 $0 0.1 Ranch 1,340 0.11 3 2-1
- 3 East Lincoln Avenue 9/25/2013 $1,475,000 0.1 Ranch 1,397 0.08 3 1-2
- 32 Walsh Street 9/30/2022 $0 0.1 Colonial 3,542 0.26 4 4-1
- 36 Walsh Street 8/5/2020 $2,095,000 0.1 Colonial 1,343 0.07 4 2-1
- 20 Walsh Street 8/5/2021 $0 0.1 Custom Built 3,222 0.14 5 5-
- 42 Walsh Street 12/13/2011 $0 0.1 Conventional 2,535 0.16 5 3-1
- 16 Brant Point Road 9/14/2011 $2,935,000 0.1 Ranch 3,973 0.65 5 5-1
- 20 North Beach Street 5/3/2012 $1,800,000 0.1 Colonial 2,970 0.15 4 4-1
- 9 Swain Street 5/22/2017 $1,800,000 0.1 Custom Built 2,675 0.11 6 6-1
- 1 East Lincoln Avenue 5/27/2021 $1,975,000 0.1 Cape Cod 1,730 0.09 4 3-
- 18 North Beach Street 9/24/2003 $1,495,100 0.1 Colonial 2,517 0.18 4 4-1
- 3 Sylvia Lane 1/6/2021 $0 0.1 Ranch 1,650 0.24 3 3-
- 14 Brant Point Road 2/21/2008 $0 0.1 Colonial 3,640 0.8 5 3-1
- 15 North Beach Street 6/18/2004 $2,000,000 0.1 Store 2,738 0.41 0 0-
- 35 Walsh Street 8/31/2017 $0 0.1 Condominium 1,404 0 2 1-1
- 7 Swain Street 1/29/2021 $0 0.1 Custom Built 2,752 0.11 4 3-1
- 16 North Beach Street 9/19/2014 $2,112,500 0.1 Colonial 2,036 0.21 4 3-
- 12 North Beach Street 2/16/2022 $0 0.1 Colonial 2,011 0.13 3 3-1
- 14 North Beach Street 12/3/2012 $0 0.1 Colonial 2,609 0.19 4 4-1
- 46 Walsh Street 6/27/2019 $2,250,000 0.1 Colonial 1,888 0.12 3 3-1
- 27 Walsh Street 2/6/1998 $675,000 0.1 Ranch 2,054 0.11 4 3-
- 47 Walsh Street 5/9/2022 $0 0.1 Colonial 2,240 0.19 3 3-2
- 26 North Beach Street 6/12/2012 $0 0.1 Colonial 5,103 0.63 5 5-1
- 45 Walsh Street 11/24/1997 $0 0.1 Conventional 1,353 0.22 4 1-1
- 51 Walsh Street 10/16/2008 $2,800,000 0.1 Colonial 3,752 0.17 5 5-
- 29 Walsh Street 9/6/2018 $2,600,000 0.1 Cape Cod 1,964 0.18 3 3-
- 16 Walsh Street 8/21/2024 $287,500 0.1 Colonial 4,133 0.28 7 4-1
- 1 James Street 6/3/2022 $10,950,000 0.1 Custom Built 5,254 0.19 5 6-1
- 1 Henry Street 12/21/2020 $0 0.1 Colonial 4,618 0.24 5 4-1
- 26 Willard Street 9/4/2018 $2,575,000 0.1 Condominium 1,384 0 3 3-
- 28 Willard Street 9/27/2019 $3,200,000 0.1 Condominium 1,808 0 3 3-1
- 25 Walsh Street 9/6/2018 $2,915,000 0.1 Cape Cod 1,801 0.12 4 3-1
- 3 Swain Street 11/20/2020 $1,850,000 0.1 Bungalow 910 0.12 2 1-
- 14 Swain Street 6/11/1998 $19,804,730 0.1 Dormitory 2,552 0.43 0 3-
- 24 North Beach Street 12/7/2012 $0 0.1 Colonial 5,760 0.67 4 5-
- 22 Willard Street 11/19/2012 $1,120,000 0.1 Cape Cod 980 0.05 2 2-1
- 37 Walsh Street 12/21/2020 $0 0.1 Vacant Land 0.29 -
- 9 North Beach Street 11/29/2011 $672,500 0.1 Colonial 1,988 0.07 3 2-1
- 48 Walsh Street 1/13/2020 $0 0.1 Colonial 3,003 0.12 4 4-1
- 23 Walsh Street 2/2/2024 $4,937,500 0.1 Colonial 1,774 0.12 4 4-1
- 22 North Beach Street 3/14/2008 $3,000,000 0.1 Colonial 3,819 0.69 4 4-1
- 20 Willard Street 6/30/2020 $0 0.1 Cape Cod 991 0.04 3 2-
- 12 Brant Point Road 9/9/2014 $3,900,000 0.1 Colonial 3,569 0.63 5 4-1
- 5 Sylvia Lane 12/7/2018 $0 0.1 Ranch 1,246 0.2 3 2-1
- 8 Swain Street 8/16/2022 $3,195,000 0.1 Cape Cod 2,128 0.14 5 5-
- 21 Walsh Street 4/28/2017 $3,750,000 0.1 Cape Cod 2,250 0.14 5 4-1
- 56 Hulbert Avenue 9/15/2021 $9,500,000 0.1 Custom Built 1,959 0.36 4 2-1
- 10 Brant Point Road 6/21/2017 $0 0.1 Colonial 4,040 0.58 6 6-1
- 1 Swain Street $0 0.1 Conventional 1,478 0.1 3 2-
- 17 Walsh Street 6/15/2015 $3,237,500 0.1 Colonial 2,734 0.12 4 3-1
- 48 Hulbert Avenue 5/9/2022 $0 0.1 Colonial 2,852 0.2 4 4-
- 7 North Beach Street 6/8/2010 $1,130,000 0.1 Colonial 2,102 0.1 4 3-1
- 50 Hulbert Avenue 1/11/2021 $0 0.1 Conventional 2,480 0.17 5 4-
- 8 North Beach Street 8/26/2021 $3,981,053 0.1 B+B/Inn 4,384 0.15 5 11-1
- 42 Hulbert Avenue 7/12/2000 $0 0.1 Colonial 3,409 0.22 6 5-
- 54 Hulbert Avenue 8/31/2021 $9,100,000 0.1 Colonial 2,657 0.18 4 4-1
- 60 Hulbert Avenue 1/6/2023 $11,150,000 0.1 Colonial 3,580 0.33 5 3-1
- 6 North Beach Street 8/26/2021 $2,858,947 0.1 B+B/Inn 3,104 0.14 5 8-1
- 6 Swain Street 12/3/2015 $1,950,000 0.1 Colonial 1,568 0.26 4 2-
- 38 Hulbert Avenue 11/4/2020 $6,000,000 0.1 Antique 2,216 0.2 5 3-
- 5 Dolphin Court 7/2/2019 $0 0.1 Custom Built 3,098 0.14 4 4-1
Averages 3319 days $1,860,665 0.08 --- 2,247 0.22 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
29 118 16 Galen Avenue