0 Old South Wharf, Nantucket, MA 02554

0 Old South Wharf Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Nir Retail LLC
Owner 2
Owner's Address
C/O New England Develop-Accting Dept, 75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
6/22/2005
Previous sale date
02/25/1987
Transfer document #
C0021819-
Previous transfer document
C0012-0975
Grantor
Walter R Hess
Previous grantor
Most recent sale price
$55,000,000.00
Previous sale price
$0.00
Site Information
Property ID
4224-2
Lot Size
0.51
Use Code
384 - Marinas
Zoning
CDT
Building Style
Commercial
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1970
Number of full baths
0
Condition
Number of half baths
Finished Area
336
Number of Kitchen
Gross Living Area
336
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Wall Brd/Wood
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Coal Or Wood
Roof Cover
Asph/F Gls/Cmp
Heating fuel
None
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$6,144,500.00
Total value
$22,638,100.00
Building value
$16,493,600.00
Estimated tax
$119,981.00
Yard improvement value
$0.00
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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 0 Old South Wharf Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $163,690.48 Style Commercial Age 1970 Rooms Bedrooms 0 Full baths 0 Half baths Gross Living Area 336 Heating Fuel None Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $16,493,600.00 AEM Value - Land $6,144,500.00 AEM Value - Other $0.00 AEM Value - Total $22,638,100.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 0 Old South Wharf 6/22/2005 $55,000,000 0 Commercial 336 0.51 0 0- -
  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
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
@ 0 Old South Wharf 6/22/2005 $55,000,000 0 Commercial 336 0.51 0 0- -
  Criteria
A 11 New Whale Street 6/22/2005 $55,000,000 0.0 Store 5,805 0.07 0 2-
B 1 New Whale Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.07 -
C 12 New Whale Street $0 0.0 Commercial 288 0.12 1 1-
D 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
E 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
F 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
G 20 Straight Wharf 6/5/2012 $3,420,000 0.1 Restaurant 7,134 0.07 2 3-
H 29 Commercial Wharf 6/11/1998 $2,900,000 0.1 Bungalow 484 0.54 2 1-
I 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,200 0.24 0 2-
J 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
K 21 Commercial Wharf 4/16/2002 $0 0.1 Conventional 1,655 0.03 3 2-
L 23 Commercial Wharf 4/12/2013 $720,000 0.1 Cottage 707 0.03 2 2-
M 25 Commercial Wharf 5/23/1986 $0 0.1 Conventional 952 0.02 2 1-1
N 16 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,428 0.07 0 2-
O 25 Old North Wharf 10/31/2017 $5,450,000 0.1 Wharf Cottage 1,200 0.04 2 1-1
P 23 Old North Wharf 4/10/2002 $0 0.1 Commercial 328 0.01 0 0-
Q 17 Commercial Wharf 10/5/2004 $4,100,000 0.1 Vacant Land 0.16 -
R 12 Straight Wharf 8/27/1984 $0 0.1 Store 3,528 0.07 0 2-
S 15 Commercial Wharf 10/22/2020 $2,950,000 0.1 Aptovrret/Off 1,364 0.08 1 1-1
T 14 Still Dock 9/4/2020 $1,225,000 0.1 Condominium 745 0 2 1-
U 24 Old North Wharf 9/20/2021 $6,666,667 0.1 Wharf Cottage 964 0.03 3 2-1
V 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
W 6 Commercial Street $0 0.1 Vacant Land 0.16 -
X 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
Y 13 Commercial Wharf 7/14/2021 $5,350,000 0.1 Colonial 2,576 0.18 2 2-1
Z 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
- 22 Old North Wharf 1/30/2014 $0 0.1 Cooperative 690 0.02 1 1-1
- 21 Old North Wharf 1/16/2018 $3,250,000 0.1 Wharf Cottage 1,202 0.03 2 2-
- 6 Straight Wharf $0 0.1 Retail Condo 884 0 0 2-
- 6-A Straight Wharf 6/7/2016 $0 0.1 Condominium 484 0 1 1-
- 8 Straight Wharf 1/23/2008 $0 0.1 Retail Condo 1,221 0 0 2-
- 20 Old North Wharf 3/26/1998 $200,000 0.1 Clubs/Lodges 400 0.02 1-
- 18 Old North Wharf 11/16/2018 $5,800,000 0.1 Wharf Cottage 889 0.04 2 2-
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 0 New Whale Street 10/5/2004 $4,100,000 0.1 Vacant Land 0.02 -
- 16 Old North Wharf 7/14/2000 $1,600,000 0.1 Wharf Cottage 393 0.02 1 1-
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 26 Washington Street 7/16/2014 $3,900,000 0.1 Aptovrret/Off 3,180 0.19 2 2-
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
Averages 5308 days $10,040,622 0.09 --- 1,743 0.14 --- ---  
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 2 0 Old South Wharf