24 North Cambridge Street, Nantucket, MA 02554

24 North Cambridge Street Nantucket MA 02554
Owner Information
Owner 1
North Cambridge LLC
Owner 2
Owner's Address
3 Tulip Lane Westport, CT 06880
Market Sale Information
Most recent sale date
10/14/2021
Previous sale date
05/26/2015
Transfer document #
C28510-
Previous transfer document
C0025635-0
Grantor
Richard E Norton
Previous grantor
John H Norton
Most recent sale price
$4,450,000.00
Previous sale price
$700,000.00
Site Information
Property ID
38-20
Lot Size
1
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Custom Built
Number of Rooms
Stories
2
Number of Beds
4
Year Built
2007
Number of full baths
4
Condition
Number of half baths
2
Finished Area
3383
Number of Kitchen
Gross Living Area
4316
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,846,500.00
Total value
$5,903,500.00
Building value
$3,057,000.00
Estimated tax
$18,477.00
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 24 North Cambridge Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,315.40 Style Custom Built Age 2007 Rooms Bedrooms 4 Full baths 4 Half baths 2 Gross Living Area 4316 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1 Roof Cover Wood Shingle AEM Value - Building $3,057,000.00 AEM Value - Land $2,846,500.00 AEM Value - Other $0.00 AEM Value - Total $5,903,500.00
A) 19 Tennessee Avenue 0.4 8/12/2024 $4,000,000 3,349 2 $1194.39 Cape Cod 1991 3 2 1 6418 Hot Water 0.69 Asph/F Gls/Cmp $1,593,800 $1,495,800 $0 $3,089,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 24 North Cambridge Street 10/14/2021 $4,450,000 0 Custom Built 3,383 1 4 4-2 -
  Criteria
A 19 Tennessee Avenue 8/12/2024 $4,000,000 0.4 Cape Cod 3,349 0.69 3 2-1
Averages 55 days $4,000,000 0.43 --- 3,349 0.69 --- ---  

Estimation of Market Value - $5,841,835

As of today, 10/06/2024, the estimated market value of 24 North Cambridge Street, Nantucket considering the above 1 comparable properties is $5,841,835.

 

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
@ 24 North Cambridge Street 10/14/2021 $4,450,000 0 Custom Built 3,383 1 4 4-2 -
  Criteria
A 29 North Cambridge Street 6/25/2003 $3,000,000 0.0 Vacant Land 2.7 -
B 26 North Cambridge Street 6/9/2016 $0 0.1 Ranch 984 0.95 2 1-
C 20 North Cambridge Street $0 0.1 Warehouse 5,502 2.78 0 2-
D 27 North Cambridge Street 4/5/2004 $3,100,000 0.1 Vacant Land 3.39 -
E 5 Little Neck Way 1/16/2014 $0 0.1 Custom Built 2,939 0.97 3 2-1
F 0 Madaket $0 0.1 Vacant Land 2.39 -
G 50 Tennessee Avenue 6/18/2008 $1,800,000 0.1 Vacant Land 0.25 -
H 25 North Cambridge Street 4/2/2001 $0 0.1 Cape Cod 3,316 2.99 3 3-
I 9 Little Neck Way $0 0.1 Vacant Land 0.49 -
J 52-R Tennessee Avenue 12/31/2009 $0 0.1 Vacant Land 0.33 -
K 48 Tennessee Avenue 6/18/2008 $0 0.1 Vacant Land 0.44 -
Averages 6014 days $718,182 0.09 --- 1,158 1.61 --- ---  
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
38 20 24 North Cambridge Street