29 Commercial Wharf, Nantucket, MA 02554

29 Commercial Wharf Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Nantucket Boat Basin LLC
Owner 2
C/O New England Development Accting Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
6/11/1998
Previous sale date
02/25/1987
Transfer document #
C0018-0416
Previous transfer document
C0012-0975
Grantor
Walter R Hess
Previous grantor
Most recent sale price
$2,900,000.00
Previous sale price
$0.00
Site Information
Property ID
4224-3
Lot Size
0.54
Use Code
384 - Marinas
Zoning
RC
Building Style
Bungalow
Number of Rooms
Stories
1.75
Number of Beds
2
Year Built
1970
Number of full baths
1
Condition
Number of half baths
Finished Area
484
Number of Kitchen
1
Gross Living Area
598
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Wall Brd/Wood
Floor type
Vinyl/Asphalt
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Wood Shingle
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$4,699,200.00
Total value
$15,023,200.00
Building value
$10,324,000.00
Estimated tax
$83,528.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
29 Commercial Wharf$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 29 Commercial Wharf
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $5,991.74
Style Bungalow
Age 1970
Rooms
Bedrooms 2
Full baths 1
Half baths
Gross Living Area 598
Heating Fuel Electr Basebrd
Detached Garage
Lot Size 0.54
Roof Cover Wood Shingle
AEM Value - Building $10,324,000.00
AEM Value - Land $4,699,200.00
AEM Value - Other $0.00
AEM Value - Total $15,023,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 29 Commercial Wharf 6/11/1998 $2,900,000 0 Bungalow 484 0.54 2 1- -
  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
Subject Property4 Commercial Street0 New Whale Street9 Salem Street-Lot 2296 Commercial Street1 New Whale Street12 New Whale Street23 Commercial Wharf25 Commercial Wharf23 Washington Street36 Washington Street44 Washington Street21 Commercial Wharf15 Commercial Wharf38 Washington Street42 Washington Street40 Washington Street21 Washington Street17 Commercial Wharf11 New Whale Street32 Washington Street13 Commercial Wharf3 Commercial Street10 New Whale Street29 Commercial Wharf0 Old South Wharf0 Straight Wharf34 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
@ 29 Commercial Wharf 6/11/1998 $2,900,000 0 Bungalow 484 0.54 2 1- -
  Criteria
A 23 Commercial Wharf 4/12/2013 $720,000 0.0 Cottage 707 0.03 2 2-
B 25 Commercial Wharf 5/23/1986 $0 0.0 Conventional 952 0.02 2 1-1
C 21 Commercial Wharf 4/16/2002 $0 0.0 Conventional 1,655 0.03 3 2-
D 17 Commercial Wharf 10/5/2004 $4,100,000 0.0 Vacant Land 0.16 -
E 12 New Whale Street $0 0.0 Commercial 288 0.12 1 1-
F 15 Commercial Wharf 10/22/2020 $2,950,000 0.0 Aptovrret/Off 1,364 0.08 1 1-1
G 0 New Whale Street 10/5/2004 $4,100,000 0.0 Vacant Land 0.02 -
H 13 Commercial Wharf 7/14/2021 $5,350,000 0.1 Colonial 2,576 0.18 2 2-1
I 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
J 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
K 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
L 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
M 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
N 26 Washington Street 7/16/2014 $3,900,000 0.1 Aptovrret/Off 3,180 0.19 2 2-
O 28 Washington Street 11/17/2010 $3,450,000 0.1 Commercial 492 0.13 0 1-
P 30-A Washington Street 11/17/2010 $1,725,000 0.1 Vacant Land 0.13 -
Q 4 Commercial Street $0 0.1 Vacant Land 0.03 -
R 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
S 30-B Washington Street 11/17/2010 $1,725,000 0.1 Vacant Land 0.17 -
T 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
U 6 Commercial Street $0 0.1 Vacant Land 0.16 -
V 32 Washington Street 10/19/2023 $5,000,000 0.1 Aptovrret/Off 1,769 0.2 2 1-
W 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
X 34 Washington Street $0 0.1 Office Bldg 2,426 0.16 0 3-
Y 1 Candle Street $0 0.1 Vacant Land 0.2 -
Z 36 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 38 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 25-C Washington Street 6/25/2021 $2,410,000 0.1 Colonial 1,782 0.11 3 2-1
- 25-B Washington Street 8/15/2019 $0 0.1 Aptovrret/Off 1,695 0.11 1 2-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 40 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
- 42 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 44 Washington Street 2/13/2019 $0 0.1 Vacant Land 0.25 -
Averages 6307 days $7,907,682 0.09 --- 1,355 0.22 --- ---  
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 3 29 Commercial Wharf