56 Washington Street, Nantucket, MA 02554

56 Washington Street Nantucket MA 02554
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Owner Information
Owner 1
Joanne Heron
Owner 2
Joanne Heron Trust
Owner's Address
232 Australian Ave Palm Beach, FL 33480
Market Sale Information
Most recent sale date
7/10/2019
Previous sale date
08/01/1981
Transfer document #
C0027353-
Previous transfer document
C0009-0748
Grantor
Joanne Heron
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
4223-11
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Conventional
Number of Rooms
Stories
2
Number of Beds
2
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
1265
Number of Kitchen
1
Gross Living Area
1553
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,035,700.00
Total value
$3,867,800.00
Building value
$832,100.00
Estimated tax
$12,106.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 56 Washington Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Conventional Age 1950 Rooms Bedrooms 2 Full baths 2 Half baths Gross Living Area 1553 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.14 Roof Cover Asph/F Gls/Cmp AEM Value - Building $832,100.00 AEM Value - Land $3,035,700.00 AEM Value - Other $0.00 AEM Value - Total $3,867,800.00
A) 4 York Street 0.2 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
B) 1 Back Street 0.3 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
C) 3 Back Street 0.3 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
D) 121 Orange Street 0.4 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
E) 31 Surfside Road 0.8 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
F) 33 West Chester Street 0.8 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) 16 Derrymore Road 1.0 3/13/2024 $2,950,000 1,110 1.75 $2657.66 Antique 1890 3 2 2385 Radiant 0.17 Asph/F Gls/Cmp $899,400 $1,543,800 $0 $2,443,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Washington Street 7/10/2019 $0 0 Conventional 1,265 0.14 2 2- -
  Criteria
A 4 York Street 3/28/2024 $2,175,000 0.2 Antique 1,489 0.07 3 2-
B 1 Back Street 1/2/2024 $2,900,000 0.3 Colonial 1,520 0.12 2 2-
C 3 Back Street 1/2/2024 $2,900,000 0.3 Ranch 1,344 0.12 3 2-
D 121 Orange Street 3/1/2024 $800,000 0.4 Antique 1,574 0.3 3 1-
E 31 Surfside Road 5/23/2024 $2,125,000 0.8 Cape Cod 1,404 0.15 3 2-
F 33 West Chester Street 6/26/2024 $2,825,000 0.8 Bungalow 1,577 0.14 3 2-
G 16 Derrymore Road 3/13/2024 $2,950,000 1.0 Antique 1,110 0.17 3 2-
Averages 103 days $2,382,143 0.52 --- 1,431 0.15 --- ---  

Estimation of Market Value - $3,893,233

As of today, 06/29/2024, the estimated market value of 56 Washington Street, Nantucket considering the above 7 comparable properties is $3,893,233.

 

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
Mailing Labels
  • 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
@ 56 Washington Street 7/10/2019 $0 0 Conventional 1,265 0.14 2 2- -
  Criteria
A 60 Washington Street 1/16/2003 $1,100,000 0.0 Outbuildings 0.14 -
B 54 Washington Street 6/7/2021 $3,600,000 0.0 Ranch 1,100 0.27 2 1-
C 55 Washington Street 9/12/2008 $0 0.0 Antique 1,529 0.06 3 2-
D 66 Washington Street 8/30/2007 $4,690,000 0.0 Vacant Land 0.16 -
E 53 Washington Street 8/18/2022 $2,600,000 0.0 Colonial 1,551 0.07 3 2-
F 44 Washington Street 2/13/2019 $0 0.0 Vacant Land 0.25 -
G 57 Washington Street 10/20/2022 $5,000,000 0.0 Antique 1,769 0.12 3 3-1
H 1 Fayette Street 8/31/1998 $525,000 0.0 Colonial 1,354 0.05 2 2-1
I 39 Washington Street 2/13/2019 $0 0.0 Conventional 1,698 0.19 4 2-
J 3 Meader Street 6/13/2013 $615,000 0.0 Cottage 893 0.06 2 2-
K 42 Washington Street 7/31/1996 $2,750,000 0.0 Vacant Land 0.13 -
L 68 Washington Street 8/31/2007 $0 0.0 Cottage 458 0.12 1 1-
M 3 Fayette Street $0 0.0 Cottage 500 0.04 1 1-
N 5 Fayette Street 7/1/1999 $185,000 0.0 Vacant Land 0.06 -
O 70 Washington Street 3/15/2022 $4,800,000 0.0 Colonial 1,600 0.08 3 2-
P 40 Washington Street 7/31/1996 $2,750,000 0.0 Vacant Land 0.14 -
Q 5 Meader Street 7/21/2022 $1,970,000 0.0 Cottage 688 0.15 2 1-
R 37 Washington Street 12/20/1990 $395,000 0.0 Office Bldg 4,967 0.19 0 3-
S 4 Fayette Street 3/29/1993 $0 0.1 Colonial 2,056 0.16 4 3-
T 38 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
U 72 Washington Street 10/16/2014 $2,700,000 0.1 Vacant Land 0.14 -
V 71 Washington Street 3/4/2022 $2,100,000 0.1 Bungalow 943 0.03 2 2-
W 36 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
X 0 Washington Street $0 0.1 Vacant Land 0.02 -
Y 74 Washington Street 1/16/2003 $1,060,000 0.1 Vacant Land 0.08 -
Z 6 Fayette Street 12/7/2017 $0 0.1 Antique 1,972 0.16 4 4-
- 0 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.04 -
- 34 Washington Street $0 0.1 Office Bldg 2,426 0.16 0 3-
- 21 Meader Street 8/20/2021 $500,000 0.1 Vacant Land 0.12 -
- 0 Washington Street $0 0.1 Vacant Land 1.84 -
- 1 Francis Street 2/15/2019 $2,400,000 0.1 Cape Cod 1,920 0.12 4 3-1
- 76 Washington Street $0 0.1 Outbuildings 0.34 -
- 77 Washington Street 3/9/2017 $0 0.1 Family Duplex 2,620 0.11 4 4-2
- 32 Washington Street 10/19/2023 $5,000,000 0.1 Aptovrret/Off 1,769 0.2 2 1-
- 81 Washington Street-Lot 25 $0 0.1 Vacant Land 0.13 -
- 42-B Union Street 8/1/2023 $3,725,000 0.1 Antique 1,879 0.05 3 3-1
- 5 Francis Street 4/29/2015 $1,245,000 0.1 Colonial 2,806 0.12 6 6-
- 44 Union Street $0 0.1 Antique 2,670 0.31 5 3-
- 30-B Washington Street 11/17/2010 $1,725,000 0.1 Vacant Land 0.17 -
- 46 Union Street 10/6/2020 $1,650,000 0.1 Conventional 1,979 0.15 4 3-1
- 81 Washington Street $0 0.1 Vacant Land 0.11 -
- 36 Union Street 1/29/2024 $3,500,000 0.1 Antique 1,697 0.21 4 3-
- 38 Union Street 4/7/2022 $2,520,000 0.1 Antique 2,704 0.11 4 4-
- 48 Union Street 11/18/2021 $2,395,000 0.1 Antique 2,247 0.13 4 2-1
- 80 Washington Street 4/18/2014 $770,000 0.1 Condominium 852 0 2 2-1
- 31 Washington Street 11/17/2010 $1,725,000 0.1 Colonial 800 0.12 1 1-1
- 30-A Washington Street 11/17/2010 $1,725,000 0.1 Vacant Land 0.13 -
- 33 Washington Street 11/17/2010 $1,725,000 0.1 Conventional 1,929 0.28 3 2-
- 83 Washington Street $0 0.1 Clubs/Lodges 3,087 0.29 0 2-
- 34 Union Street 5/18/2018 $0 0.1 Conventional 1,897 0.18 3 2-1
- 2 Francis Street 8/6/2021 $0 0.1 Cape Cod 1,754 0.26 3 2-
- 50 Union Street 12/19/2014 $0 0.1 Vacant Land 0.08 -
- 35 Washington Street 3/5/2018 $2,585,000 0.1 Antique 1,800 0.22 3 2-1
- 28 Washington Street 11/17/2010 $3,450,000 0.1 Commercial 492 0.13 0 1-
- 36 Union Street-Lot 144 3/5/2014 $1,920,500 0.1 Antique 2,189 0.1 5 3-1
- 45 Union Street 2/28/1996 $225,000 0.1 Antique 1,001 0.04 2 1-1
- 43 Union Street 9/17/2012 $0 0.1 Antique 1,339 0.04 4 2-
- 26 Washington Street 7/16/2014 $3,900,000 0.1 Aptovrret/Off 3,180 0.19 2 2-
- 29 Washington Street 10/2/2018 $1,350,000 0.1 Cape Cod 2,288 0.12 4 3-
- 52 Union Street 7/30/2021 $1,700,000 0.1 Conventional 1,862 0.08 3 2-
- 47 Union Street 12/1/2003 $0 0.1 Antique 2,170 0.19 4 3-
- 41 Union Street 4/29/2003 $0 0.1 Antique 3,693 0.15 5 5-1
- 89-A Washington Street Unit 1 12/27/2019 $0 0.1 Condominium 1,320 0 4 4-
- 89-B Washington Street Unit 1 6/19/2006 $330,000 0.1 Condominium 228 0 1 1-
- 89-C Washington Street Unit 2 9/9/2019 $0 0.1 Condominium 231 0 1 1-
- 89-D Washington Street Unit 3 11/22/2017 $299,000 0.1 Condominium 180 0 1 1-
- 33-B Washington Street 9/15/2020 $2,150,000 0.1 Custom Built 1,695 0.18 2 2-
- 90 Washington Street 11/30/2021 $10,000,000 0.1 Colonial 2,932 0.39 2 2-1
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 32 Union Street 11/10/2022 $5,300,000 0.1 Antique 3,366 0.12 5 5-1
- 37 Union Street 4/11/2019 $0 0.1 Antique 2,554 0.09 4 3-
- 39 Union Street 2/15/1984 $0 0.1 Colonial 1,944 0.12 3 2-2
- 35 Union Street 1/20/2021 $1,675,000 0.1 Colonial 1,848 0.06 4 4-1
- 91 Washington Street 6/18/2014 $1,200,000 0.1 Colonial 2,152 0.13 4 2-
- 3 Mulberry Street 1/6/2017 $1,870,000 0.1 Antique 2,399 0.14 5 4-
- 49 Union Street 5/17/2022 $1,695,000 0.1 Cape Cod 1,870 0.17 1 1-
- 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
- 54 Union Street 4/28/2022 $1,600,000 0.1 Bungalow 1,006 0.11 3 1-
- 0 New Whale Street 10/5/2004 $4,100,000 0.1 Vacant Land 0.02 -
- 1 Weymouth Street 9/21/2001 $0 0.1 Antique 2,376 0.19 4 1-1
- 8 Salt Marsh Way Unit 1 5/11/2005 $685,000 0.1 Mu Condo 1,333 0 1 1-
- 30 Union Street 10/8/2021 $4,600,000 0.1 Antique 4,010 0.26 4 5-
- 33 Union Street 9/26/2000 $0 0.1 Antique 2,442 0.11 6 3-
- 2 Mulberry Street 12/29/2021 $0 0.1 Antique 1,739 0.13 3 1-
- 3 Flora Street 1/30/1995 $0 0.1 Vacant Land 0.01 -
- 25-C Washington Street 6/25/2021 $2,410,000 0.1 Colonial 1,782 0.11 3 2-1
- 2 Flora Street 10/14/2011 $1,787,500 0.1 Antique 2,288 0.07 3 3-
- 33-C Washington Street 6/15/2010 $0 0.1 Antique 2,149 0.18 4 3-
- 3 Flora Street-Lot 94 1/30/1995 $0 0.1 Vacant Land 0.01 -
- 25-R Washington Street $0 0.1 Vacant Land 0.04 -
- 92 Washington Street 12/15/2021 $9,450,000 0.1 Cape Cod 1,792 0.4 2 2-1
Averages 4470 days $1,649,747 0.08 --- 1,375 0.15 --- ---  
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
4223 11 56 Washington Street