40 Washington Street, Nantucket, MA 02554

40 Washington Street Nantucket MA 02554
Owner Information
Owner 1
Town of Nantucket
Owner 2
Owner's Address
16 Broad Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
7/31/1996
Previous sale date
Transfer document #
C0017-0457
Previous transfer document
C0003-0329
Grantor
Linda Loring
Previous grantor
Most recent sale price
$2,750,000.00
Previous sale price
$0.00
Site Information
Property ID
4223-5
Lot Size
0.14
Use Code
930 - Vacant, Selectmen or City Council
Zoning
R40
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2025
Land Value
$3,504,700.00
Total value
$3,504,700.00
Building value
$0.00
Estimated tax
$19,486.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
40 Washington Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Washington Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft -
Style Vacant Land
Age
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area
Heating Fuel
Detached Garage
Lot Size 0.14
Roof Cover
AEM Value - Building $0.00
AEM Value - Land $3,504,700.00
AEM Value - Other $0.00
AEM Value - Total $3,504,700.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Washington Street 7/31/1996 $2,750,000 0 Vacant Land 0.14 - -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
Subject Property5 Fayette Street3 Fayette Street3 Meader Street1 Fayette Street81 Washington Street-Lot 2568 Washington Street4 Fayette Street6 Fayette Street39 Washington Street55 Washington Street60 Washington Street44 Union Street74 Washington Street53 Washington Street5 Francis Street48 Union Street46 Union Street72 Washington Street36 Washington Street70 Washington Street40 Washington Street66 Washington Street56 Washington Street32 Washington Street76 Washington Street57 Washington Street34 Washington Street$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000$35,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Washington Street 7/31/1996 $2,750,000 0 Vacant Land 0.14 - -
  Criteria
A 38 Washington Street 7/31/1996 $2,750,000 0.0 Vacant Land 0.13 -
B 42 Washington Street 7/31/1996 $2,750,000 0.0 Vacant Land 0.13 -
C 36 Washington Street 7/31/1996 $2,750,000 0.0 Vacant Land 0.14 -
D 44 Washington Street 2/13/2019 $0 0.0 Vacant Land 0.25 -
E 34 Washington Street $0 0.0 Office Bldg 2,426 0.16 0 3-
F 32 Washington Street 10/19/2023 $5,000,000 0.0 Aptovrret/Off 1,769 0.2 2 1-
G 0 Washington Street $0 0.0 Vacant Land 0.02 -
H 54 Washington Street 6/7/2021 $3,600,000 0.0 Ranch 1,100 0.27 2 1-
I 37 Washington Street 12/20/1990 $395,000 0.0 Office Bldg 4,967 0.19 0 3-
J 39 Washington Street 2/13/2019 $0 0.0 Conventional 1,698 0.19 4 2-
K 30-B Washington Street 11/17/2010 $1,725,000 0.0 Vacant Land 0.17 -
L 0 Washington Street 7/31/1996 $2,750,000 0.0 Vacant Land 0.04 -
M 53 Washington Street 8/18/2022 $2,600,000 0.0 Colonial 1,551 0.07 3 2-
N 56 Washington Street 7/10/2019 $0 0.0 Conventional 1,265 0.14 2 2-
O 30-A Washington Street 11/17/2010 $1,725,000 0.0 Vacant Land 0.13 -
P 55 Washington Street 9/12/2008 $0 0.0 Antique 1,529 0.06 3 2-
Q 0 Washington Street $0 0.1 Vacant Land 1.84 -
R 1 Fayette Street 8/31/1998 $525,000 0.1 Colonial 1,354 0.05 2 2-1
S 33 Washington Street 11/17/2010 $1,725,000 0.1 Conventional 1,929 0.28 3 2-
T 28 Washington Street 11/17/2010 $3,450,000 0.1 Commercial 492 0.13 0 1-
U 60 Washington Street 1/16/2003 $1,100,000 0.1 Outbuildings 0.14 -
V 3 Fayette Street $0 0.1 Cottage 500 0.04 1 1-
W 31 Washington Street 11/17/2010 $1,725,000 0.1 Colonial 800 0.12 1 1-1
X 26 Washington Street 7/16/2014 $3,900,000 0.1 Aptovrret/Off 3,180 0.19 2 2-
Y 5 Fayette Street 7/1/1999 $185,000 0.1 Vacant Land 0.06 -
Z 57 Washington Street 10/20/2022 $5,000,000 0.1 Antique 1,769 0.12 3 3-1
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 29 Washington Street 10/2/2018 $1,350,000 0.1 Cape Cod 2,288 0.12 4 3-
- 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
- 66 Washington Street 8/30/2007 $4,690,000 0.1 Vacant Land 0.16 -
- 25-C Washington Street 6/25/2021 $2,410,000 0.1 Colonial 1,782 0.11 3 2-1
- 0 New Whale Street 10/5/2004 $4,100,000 0.1 Vacant Land 0.02 -
- 33-B Washington Street 9/15/2020 $2,150,000 0.1 Custom Built 1,695 0.18 2 2-
- 4 Fayette Street 3/29/1993 $0 0.1 Colonial 2,056 0.16 4 3-
- 35 Washington Street 3/5/2018 $2,585,000 0.1 Antique 1,800 0.22 3 2-1
- 3 Meader Street 6/13/2013 $615,000 0.1 Cottage 893 0.06 2 2-
- 25-R Washington Street $0 0.1 Vacant Land 0.04 -
- 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
- 25-B Washington Street 8/15/2019 $0 0.1 Aptovrret/Off 1,695 0.11 1 2-
- 13 Commercial Wharf 7/14/2021 $5,350,000 0.1 Colonial 2,576 0.18 2 2-1
- 68 Washington Street 8/31/2007 $0 0.1 Cottage 458 0.12 1 1-
- 36 Union Street 1/29/2024 $3,500,000 0.1 Antique 1,697 0.21 4 3-
- 8 Coffin Street 3/12/2018 $0 0.1 Bungalow 476 0.21 1 1-
- 5 Meader Street 7/21/2022 $1,970,000 0.1 Cottage 688 0.15 2 1-
- 34 Union Street 5/18/2018 $0 0.1 Conventional 1,897 0.18 3 2-1
- 12 Coffin Street 11/5/2014 $3,525,000 0.1 Antique 3,578 0.48 4 3-1
- 15 Commercial Wharf 10/22/2020 $2,950,000 0.1 Aptovrret/Off 1,364 0.08 1 1-1
- 6 Fayette Street 12/7/2017 $0 0.1 Antique 1,972 0.16 4 4-
- 17 Commercial Wharf 10/5/2004 $4,100,000 0.1 Vacant Land 0.16 -
- 70 Washington Street 3/15/2022 $4,800,000 0.1 Colonial 1,600 0.08 3 2-
- 33-C Washington Street 6/15/2010 $0 0.1 Antique 2,149 0.18 4 3-
- 38 Union Street 4/7/2022 $2,520,000 0.1 Antique 2,704 0.11 4 4-
- 10 Coffin Street 12/21/2011 $0 0.1 Cape Cod 1,310 0.12 3 2-
- 42-B Union Street 8/1/2023 $3,725,000 0.1 Antique 1,879 0.05 3 3-1
- 36 Union Street-Lot 144 3/5/2014 $1,920,500 0.1 Antique 2,189 0.1 5 3-1
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
- 32 Union Street 11/8/2024 $5,848,500 0.1 Antique 3,366 0.12 5 5-1
- 30 Union Street 10/8/2021 $4,600,000 0.1 Antique 4,010 0.26 4 5-
- 72 Washington Street 10/16/2014 $2,700,000 0.1 Vacant Land 0.14 -
- 21 Meader Street 8/20/2021 $500,000 0.1 Vacant Land 0.12 -
- 71 Washington Street 3/4/2022 $2,100,000 0.1 Bungalow 943 0.03 2 2-
- 28 Union Street 12/21/2023 $3,645,000 0.1 Antique 3,038 0.1 5 3-1
- 18 Coffin Street 10/7/2005 $1,925,000 0.1 Antique 2,910 0.11 3 4-
- 26 Union Street 10/23/2015 $3,475,000 0.1 Antique 3,237 0.15 4 3-2
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
- 44 Union Street $0 0.1 Antique 2,670 0.31 5 3-
- 21 Commercial Wharf 4/16/2002 $0 0.1 Conventional 1,655 0.03 3 2-
- 74 Washington Street 1/16/2003 $1,060,000 0.1 Vacant Land 0.08 -
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 24 Union Street 10/26/1998 $1,100,000 0.1 Colonial 2,648 0.12 4 3-1
- 1 Francis Street 2/15/2019 $2,400,000 0.1 Cape Cod 1,920 0.12 4 3-1
- 22 Union Street 8/27/2019 $0 0.1 Antique 3,711 0.35 5 5-
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 23 Commercial Wharf 4/12/2013 $720,000 0.1 Cottage 707 0.03 2 2-
- 33 Union Street 9/26/2000 $0 0.1 Antique 2,442 0.11 6 3-
- 7 Coffin Street 3/25/2020 $1,650,000 0.1 Colonial 2,268 0.12 2 2-1
- 37 Union Street 4/11/2019 $0 0.1 Antique 2,554 0.09 4 3-
- 35 Union Street 1/20/2021 $1,675,000 0.1 Colonial 1,848 0.06 4 4-1
- 46 Union Street 10/6/2020 $1,650,000 0.1 Conventional 1,979 0.15 4 3-1
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 29 Commercial Wharf 6/11/1998 $2,900,000 0.1 Bungalow 484 0.54 2 1-
- 24 Union Street-Lot 177 5/13/2021 $1,630,000 0.1 Family Conver. 2,028 0.06 2 3-
- 31 Union Street 12/29/2015 $0 0.1 Antique 2,583 0.11 4 3-
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
- 25 Commercial Wharf 5/23/1986 $0 0.1 Conventional 952 0.02 2 1-1
- 5 Francis Street 4/29/2015 $1,245,000 0.1 Colonial 2,806 0.12 6 6-
- 29 Union Street 4/16/2019 $2,381,450 0.1 Antique 2,534 0.12 4 4-1
- 39 Union Street 2/15/1984 $0 0.1 Colonial 1,944 0.12 3 2-2
- 43 Union Street 9/17/2012 $0 0.1 Antique 1,339 0.04 4 2-
- 20 Union Street 10/21/1997 $840,000 0.1 Antique 4,997 0.29 4 3-1
- 77 Washington Street 3/9/2017 $0 0.1 Family Duplex 2,620 0.11 4 4-2
- 76 Washington Street $0 0.1 Outbuildings 0.34 -
- 41 Union Street 4/29/2003 $0 0.1 Antique 3,693 0.15 5 5-1
- 9 Coffin Street 11/26/2019 $750,000 0.1 Bungalow 1,151 0.19 1 1-
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 45 Union Street 2/28/1996 $225,000 0.1 Antique 1,001 0.04 2 1-1
- 27 Union Street 12/19/2012 $0 0.1 Antique 3,139 0.08 5 5-1
- 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
- 81 Washington Street-Lot 25 $0 0.1 Vacant Land 0.13 -
- 48 Union Street 11/18/2021 $2,395,000 0.1 Antique 2,247 0.13 4 2-1
Averages 4915 days $1,690,633 0.09 --- 1,613 0.17 --- ---  
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 5 40 Washington Street