40 Vestal Street, Nantucket, MA 02554

40 Vestal Street Nantucket MA 02554
Owner Information
Owner 1
MHM LLC
Owner 2
Owner's Address
C/O 9 Ledell Road Mendham, NJ 07945
Market Sale Information
Most recent sale date
9/21/2015
Previous sale date
08/28/2012
Transfer document #
01501-0161
Previous transfer document
01340-0160
Grantor
Rebecca Bramen
Previous grantor
David J Leiter
Most recent sale price
$1,525,000.00
Previous sale price
$1,250,000.00
Site Information
Property ID
41-51-3
Lot Size
0.11
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1995
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2077
Number of Kitchen
1
Gross Living Area
2694
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$806,600.00
Total value
$2,147,800.00
Building value
$1,341,200.00
Estimated tax
$6,722.00
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 40 Vestal Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $734.23 Style Colonial Age 1995 Rooms Bedrooms 3 Full baths 4 Half baths 1 Gross Living Area 2694 Heating Fuel Hot Water Detached Garage Lot Size 0.11 Roof Cover Wood Shingle AEM Value - Building $1,341,200.00 AEM Value - Land $806,600.00 AEM Value - Other $0.00 AEM Value - Total $2,147,800.00
A) 149 Main Street 0.2 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
B) 20 New Lane 0.3 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
C) 108 Main Street 0.3 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
D) 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
E) 16 Polliwog Pond Road 0.5 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
F) 33 West Chester Street 0.5 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
G) 1 Farmer Street 0.5 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
H) 38 Pine Street 0.5 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
I) 10 Aurora Way 0.7 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
J) 7 Yompasham Lane 0.7 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
K) 121 Orange Street 0.9 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
L) 56 Walsh Street 0.9 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
M) 23 Walsh Street 0.9 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
N) 8 Luff Road 0.9 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
O) 40 Walsh Street 0.9 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
P) 8 Essex Road 1.0 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Vestal Street 9/21/2015 $1,525,000 0 Colonial 2,077 0.11 3 4-1 -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.2 Conventional 1,698 0.14 3 1-1
B 20 New Lane 1/17/2024 $4,350,000 0.3 Colonial 2,247 0.12 4 3-1
C 108 Main Street 3/19/2024 $4,500,000 0.3 Antique 2,005 0.17 6 4-1
D 45 West Chester Street 4/17/2024 $3,200,000 0.5 Conventional 1,972 0.14 4 3-
E 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.5 Cape Cod 1,830 0.24 5 2-
F 33 West Chester Street 6/26/2024 $2,825,000 0.5 Bungalow 1,577 0.14 3 2-
G 1 Farmer Street 5/10/2024 $3,600,000 0.5 Antique 2,430 0.06 3 3-1
H 38 Pine Street 1/31/2024 $2,225,000 0.5 Antique 1,707 0.07 3 1-1
I 10 Aurora Way 1/9/2024 $4,650,000 0.7 Colonial 2,468 0.18 4 3-1
J 7 Yompasham Lane 2/14/2024 $2,262,500 0.7 Conventional 1,878 0.25 3 3-
K 121 Orange Street 3/1/2024 $800,000 0.9 Antique 1,574 0.3 3 1-
L 56 Walsh Street 2/15/2024 $5,000,000 0.9 Cape Cod 2,028 0.11 5 3-1
M 23 Walsh Street 2/2/2024 $4,937,500 0.9 Colonial 1,774 0.12 4 4-1
N 8 Luff Road 5/9/2024 $1,900,000 0.9 Ranch 1,894 0.36 3 2-
O 40 Walsh Street 1/4/2024 $2,900,000 0.9 Colonial 1,816 0.07 5 2-
P 8 Essex Road 5/15/2024 $1,900,000 1.0 Colonial 1,872 0.31 3 3-
Averages 112 days $3,220,313 0.65 --- 1,923 0.17 --- ---  

Estimation of Market Value - $3,107,225

As of today, 07/01/2024, the estimated market value of 40 Vestal Street, Nantucket considering the above 16 comparable properties is $3,107,225.

 

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
@ 40 Vestal Street 9/21/2015 $1,525,000 0 Colonial 2,077 0.11 3 4-1 -
  Criteria
A 42 Vestal Street 8/17/2012 $0 0.0 Antique 1,924 0.13 3 2-
B 36 Vestal Street 1/12/2012 $1,040,000 0.0 Ranch 2,264 0.15 4 2-1
C 36-R Vestal Street 5/1/2019 $900,000 0.0 Ranch 1,088 0.05 3 1-
D 8 Winn Street 7/26/2021 $1,300,000 0.0 Vacant Land 0.16 -
E 38 Vestal Street 4/6/2021 $0 0.0 Colonial 2,574 0.25 3 2-2
F 34 Vestal Street 6/17/2019 $0 0.0 Vacant Land 0.37 -
G 35 Vestal Street 3/26/2018 $0 0.0 Custom Built 3,998 0.12 5 5-2
H 44 Vestal Street 7/3/2017 $0 0.0 Colonial 3,243 0.58 4 3-
I 32 Vestal Street 10/17/1997 $300,000 0.0 Colonial 2,467 0.29 2 2-
J 2 Hedgebury Lane 9/8/2021 $0 0.0 Custom Built 2,545 0.46 4 4-1
K 12 Winn Street 6/17/2019 $0 0.0 Vacant Land 0.42 -
L 30 Vestal Street 5/13/2021 $3,950,000 0.1 Custom Built 4,512 0.33 4 5-1
M 48 Vestal Street 11/16/2010 $0 0.1 Colonial 3,122 0.55 4 4-1
N 43 Vestal Street 12/10/2015 $3,275,000 0.1 Custom Built 2,954 0.46 4 4-1
O 2 Winn Street 10/21/2021 $6,250,000 0.1 Custom Built 3,950 0.19 5 5-1
P 1 Saratoga Lane 8/11/2017 $0 0.1 Colonial 1,712 0.23 3 2-
Q 14 Winn Street 12/28/2018 $0 0.1 Colonial 2,643 0.31 2 2-1
R 47 Vestal Street 12/28/2018 $2,575,000 0.1 Custom Built 2,864 0.47 4 4-1
S 2 Saratoga Lane 5/3/2018 $1,250,000 0.1 Cape Cod 1,369 0.12 2 2-
T 49 Milk Street 5/5/1999 $0 0.1 Ranch 1,528 0.58 1 1-
U 50 Vestal Street 10/13/2021 $0 0.1 Cape Cod 1,798 0.46 3 3-
V 47 Milk Street 9/16/2016 $1,312,000 0.1 Colonial 1,356 0.45 3 2-
W 45 Milk Street $0 0.1 Colonial 2,811 0.45 3 2-
X 16 Winn Street 4/7/2020 $5,000,000 0.1 Custom Built 4,554 0.31 5 6-1
Y 1 Hedgebury Lane 6/27/2024 $4,862,500 0.1 Ranch 1,188 0.53 4 3-
Z 4 Saratoga Lane 12/5/2017 $1,587,500 0.1 Cape Cod 2,025 0.12 3 2-1
- 43 Milk Street $0 0.1 Clubs/Lodges 1,638 0.48 3 2-
- 0 Winn Street 4/27/2018 $1,775,000 0.1 Cape Cod 3,189 0.15 5 5-1
- 5 Saratoga Lane 1/30/2002 $0 0.1 Vacant Land 0.84 -
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 2 Madaket Road 12/30/1985 $0 0.1 Churches 1,344 0.16 0 0-
- 1 Quaker Road $0 0.1 Vacant Land 4.69 -
- 49 Vestal Street 10/19/2012 $650,000 0.1 Custom Built 5,440 0.46 5 5-2
- 41 Milk Street 6/28/2012 $0 0.1 Gar/Apt Res 912 0.26 2 1-
- 4 Madaket Road 10/10/2014 $1,537,500 0.1 Conventional 2,165 0.12 4 3-1
- 26 Vestal Street 10/1/1998 $855,000 0.1 Colonial 3,717 0.22 3 4-
- 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 51 Milk Street 6/2/2021 $1,875,000 0.1 Colonial 1,565 0.12 3 2-1
- 52 Vestal Street 7/29/2022 $0 0.1 Vacant Land 0.94 -
- 18 Winn Street 7/14/2014 $1,850,000 0.1 Colonial 2,799 0.15 5 4-
- 51-A Milk Street 8/26/2021 $0 0.1 Colonial 1,172 0.12 2 2-1
- 6 Saratoga Lane 12/23/2011 $970,000 0.1 Ranch 3,162 0.13 5 4-
- 51-B Milk Street 10/26/2015 $0 0.1 Colonial 1,317 0.13 3 2-
- 39-B Milk Street 9/23/2022 $0 0.1 Colonial 3,174 0.12 5 5-1
- 15 Winn Street 12/5/2016 $0 0.1 Colonial 2,569 6.3 5 3-1
- 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
- 39-A Milk Street 9/29/2022 $3,500,000 0.1 Antique 4,793 0.15 6 5-1
- 24-B Vestal Street 10/29/2020 $0 0.1 Conventional 2,346 0.15 3 2-
- 39 Milk Street 4/21/2020 $2,300,000 0.1 Custom Built 2,956 0.11 5 4-1
- 7 Madaket Road 8/1/2014 $860,000 0.1 Cape Cod 1,669 0.18 2 2-
- 5 Madaket Road 9/11/2007 $0 0.1 Cape Cod 1,287 0.2 2 1-
- 8 Saratoga Lane 10/22/2004 $1,250,000 0.1 Colonial 3,308 0.12 4 3-1
- 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
- 3 Madaket Road 7/30/2018 $1,250,000 0.1 Antique 1,242 0.11 3 1-2
Averages 3289 days $1,253,787 0.08 --- 2,355 0.5 --- ---  
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
41 51 3 40 Vestal Street