13 Commercial Wharf, Nantucket, MA 02554

13 Commercial Wharf Nantucket MA 02554
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Owner Information
Owner 1
13 Commercial Street LLC
Owner 2
Owner's Address
218 Royal Palm Wy STE 200 Palm Beach, FL 33480
Market Sale Information
Most recent sale date
7/14/2021
Previous sale date
12/01/2000
Transfer document #
C28388-
Previous transfer document
C0019728-0
Grantor
David F Muller
Previous grantor
Mary Catherine Gatto
Most recent sale price
$5,350,000.00
Previous sale price
$1,300,000.00
Site Information
Property ID
4224-10
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
2
Year Built
1950
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2576
Number of Kitchen
1
Gross Living Area
3462
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,050,700.00
Total value
$5,467,700.00
Building value
$2,417,000.00
Estimated tax
$17,113.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 13 Commercial Wharf Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,076.86 Style Colonial Age 1950 Rooms Bedrooms 2 Full baths 2 Half baths 1 Gross Living Area 3462 Heating Fuel Hot Water Detached Garage Lot Size 0.18 Roof Cover Wood Shingle AEM Value - Building $2,417,000.00 AEM Value - Land $3,050,700.00 AEM Value - Other $0.00 AEM Value - Total $5,467,700.00
A) 45 Fair Street 0.3 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
B) 1 Farmer Street 0.3 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
C) 108 Main Street 0.4 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) 56 Walsh Street 0.7 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
E) 20 New Lane 0.7 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
F) 45 West Chester Street 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 13 Commercial Wharf 7/14/2021 $5,350,000 0 Colonial 2,576 0.18 2 2-1 -
  Criteria
A 45 Fair Street 5/8/2024 $4,800,000 0.3 Custom Built 2,854 0.07 4 4-1
B 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
C 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
D 56 Walsh Street 2/15/2024 $5,000,000 0.7 Cape Cod 2,028 0.11 5 3-1
E 20 New Lane 1/17/2024 $4,350,000 0.7 Colonial 2,247 0.12 4 3-1
F 45 West Chester Street 4/17/2024 $3,200,000 0.8 Conventional 1,972 0.14 4 3-
Averages 94 days $4,241,667 0.53 --- 2,256 0.11 --- ---  

Estimation of Market Value - $5,883,074

As of today, 06/27/2024, the estimated market value of 13 Commercial Wharf, Nantucket considering the above 6 comparable properties is $5,883,074.

 

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
@ 13 Commercial Wharf 7/14/2021 $5,350,000 0 Colonial 2,576 0.18 2 2-1 -
  Criteria
A 15 Commercial Wharf 10/22/2020 $2,950,000 0.0 Aptovrret/Off 1,364 0.08 1 1-1
B 0 New Whale Street 10/5/2004 $4,100,000 0.0 Vacant Land 0.02 -
C 3 Commercial Street 6/20/2014 $15,500,000 0.0 Cape Cod 752 0.51 1 1-
D 17 Commercial Wharf 10/5/2004 $4,100,000 0.0 Vacant Land 0.16 -
E 24 Washington Street 9/15/2006 $10,150,000 0.0 Family Duplex 2,914 0.15 2 1-
F 26 Washington Street 7/16/2014 $3,900,000 0.0 Aptovrret/Off 3,180 0.19 2 2-
G 28 Washington Street 11/17/2010 $3,450,000 0.0 Commercial 492 0.13 0 1-
H 10 New Whale Street $0 0.0 Light Indust 1,768 1.31 0 0-
I 12 New Whale Street $0 0.0 Commercial 288 0.12 1 1-
J 4 Commercial Street $0 0.0 Vacant Land 0.03 -
K 30-A Washington Street 11/17/2010 $1,725,000 0.0 Vacant Land 0.13 -
L 21 Commercial Wharf 4/16/2002 $0 0.0 Conventional 1,655 0.03 3 2-
M 30-B Washington Street 11/17/2010 $1,725,000 0.1 Vacant Land 0.17 -
N 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
O 23 Commercial Wharf 4/12/2013 $720,000 0.1 Cottage 707 0.03 2 2-
P 6 Commercial Street $0 0.1 Vacant Land 0.16 -
Q 29 Commercial Wharf 6/11/1998 $2,900,000 0.1 Bungalow 484 0.54 2 1-
R 25-B Washington Street 8/15/2019 $0 0.1 Aptovrret/Off 1,695 0.11 1 2-
S 25-C Washington Street 6/25/2021 $2,410,000 0.1 Colonial 1,782 0.11 3 2-1
T 32 Washington Street 10/19/2023 $5,000,000 0.1 Aptovrret/Off 1,769 0.2 2 1-
U 1 Candle Street $0 0.1 Vacant Land 0.2 -
V 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
W 25 Commercial Wharf 5/23/1986 $0 0.1 Conventional 952 0.02 2 1-1
X 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
Y 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
Z 34 Washington Street $0 0.1 Office Bldg 2,426 0.16 0 3-
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 36 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 8 Coffin Street 3/12/2018 $0 0.1 Bungalow 476 0.21 1 1-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 33 Washington Street 11/17/2010 $1,725,000 0.1 Conventional 1,929 0.28 3 2-
- 38 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
- 25-R Washington Street $0 0.1 Vacant Land 0.04 -
- 10 Coffin Street 12/21/2011 $0 0.1 Cape Cod 1,310 0.12 3 2-
- 40 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
- 7 Coffin Street 3/25/2020 $1,650,000 0.1 Colonial 2,268 0.12 2 2-1
- 9 Coffin Street 11/26/2019 $750,000 0.1 Bungalow 1,151 0.19 1 1-
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 42 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 31 Washington Street 11/17/2010 $1,725,000 0.1 Colonial 800 0.12 1 1-1
- 12 Coffin Street 11/5/2014 $3,525,000 0.1 Antique 3,578 0.48 4 3-1
- 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 18 Coffin Street 10/7/2005 $1,925,000 0.1 Antique 2,910 0.11 3 4-
- 0 Washington Street $0 0.1 Vacant Land 0.02 -
- 29 Washington Street 10/2/2018 $1,350,000 0.1 Cape Cod 2,288 0.12 4 3-
- 44 Washington Street 2/13/2019 $0 0.1 Vacant Land 0.25 -
- 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
- 0 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.04 -
- 37 Washington Street 12/20/1990 $395,000 0.1 Office Bldg 4,967 0.19 0 3-
- 14 Union Street 5/7/2021 $1,408,000 0.1 Antique 2,264 0.09 5 2-
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 16 Union Street 9/27/2022 $0 0.1 Antique 2,815 0.1 4 3-1
- 18 Union Street 12/6/2016 $3,835,000 0.1 Antique 3,060 0.1 6 6-
- 33-B Washington Street 9/15/2020 $2,150,000 0.1 Custom Built 1,695 0.18 2 2-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 54 Washington Street 6/7/2021 $3,600,000 0.1 Ranch 1,100 0.27 2 1-
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 20 Union Street 10/21/1997 $840,000 0.1 Antique 4,997 0.29 4 3-1
- 0 Washington Street $0 0.1 Vacant Land 1.84 -
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 33-C Washington Street 6/15/2010 $0 0.1 Antique 2,149 0.18 4 3-
- 39 Washington Street 2/13/2019 $0 0.1 Conventional 1,698 0.19 4 2-
- 22 Union Street 8/27/2019 $0 0.1 Antique 3,711 0.35 5 5-
Averages 5144 days $5,289,721 0.08 --- 1,664 0.19 --- ---  
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
4224 10 13 Commercial Wharf