23 Commercial Wharf, Nantucket, MA 02554

23 Commercial Wharf Nantucket MA 02554
Owner Information
Owner 1
23 Commercial Wharf Ja LLC
Owner 2
Owner's Address
11 Shaft Rd Gardiner, NY 12525
Market Sale Information
Most recent sale date
4/12/2013
Previous sale date
12/20/2002
Transfer document #
C0024768-
Previous transfer document
C0020570-0
Grantor
David B Walker
Previous grantor
H B Walker
Most recent sale price
$720,000.00
Previous sale price
$700,000.00
Site Information
Property ID
4224-5
Lot Size
0.03
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cottage
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
707
Number of Kitchen
1
Gross Living Area
1222
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,313,094.00
Total value
$2,506,794.00
Building value
$1,193,700.00
Estimated tax
$7,846.00
Yard improvement value
$0.00
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 23 Commercial Wharf Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,018.39 Style Cottage Age 1950 Rooms Bedrooms 2 Full baths 2 Half baths Gross Living Area 1222 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.03 Roof Cover Wood Shingle AEM Value - Building $1,193,700.00 AEM Value - Land $1,313,094.00 AEM Value - Other $0.00 AEM Value - Total $2,506,794.00
A) 1-A Lily Street 0.5 9/25/2024 $2,400,000 770 1.75 $3116.88 Colonial 1900 2 2 1116 Forced Air-Duc 0.05 Wood Shingle $424,900 $1,110,800 $0 $1,535,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 23 Commercial Wharf 4/12/2013 $720,000 0 Cottage 707 0.03 2 2- -
  Criteria
A 1-A Lily Street 9/25/2024 $2,400,000 0.5 Colonial 770 0.05 2 2-
Averages 3 days $2,400,000 0.49 --- 770 0.05 --- ---  

Estimation of Market Value - $3,060,634

As of today, 09/27/2024, the estimated market value of 23 Commercial Wharf, Nantucket considering the above 1 comparable properties is $3,060,634.

 

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
  • 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
@ 23 Commercial Wharf 4/12/2013 $720,000 0 Cottage 707 0.03 2 2- -
  Criteria
A 29 Commercial Wharf 6/11/1998 $2,900,000 0.0 Bungalow 484 0.54 2 1-
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 15 Commercial Wharf 10/22/2020 $2,950,000 0.0 Aptovrret/Off 1,364 0.08 1 1-1
F 12 New Whale Street $0 0.0 Commercial 288 0.12 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 30-B Washington Street 11/17/2010 $1,725,000 0.1 Vacant Land 0.17 -
S 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
T 32 Washington Street 10/19/2023 $5,000,000 0.1 Aptovrret/Off 1,769 0.2 2 1-
U 6 Commercial Street $0 0.1 Vacant Land 0.16 -
V 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
W 34 Washington Street $0 0.1 Office Bldg 2,426 0.16 0 3-
X 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
Y 36 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
Z 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 38 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 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-
- 40 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 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 -
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
- 44 Washington Street 2/13/2019 $0 0.1 Vacant Land 0.25 -
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 33 Washington Street 11/17/2010 $1,725,000 0.1 Conventional 1,929 0.28 3 2-
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
Averages 6264 days $7,807,615 0.09 --- 1,364 0.24 --- ---  
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 5 23 Commercial Wharf