21 Commercial Wharf, Nantucket, MA 02554

21 Commercial Wharf Nantucket MA 02554
Owner Information
Owner 1
Richard G Corey
Owner 2
21 Commercial Wharf Nom Trust
Owner's Address
895 Park Ave #2a New York, NY 10022
Market Sale Information
Most recent sale date
4/16/2002
Previous sale date
03/26/2002
Transfer document #
C0020266-
Previous transfer document
C0020246-0
Grantor
Joan D Corey
Previous grantor
Richard G Corey
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
4224-6
Lot Size
0.03
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Conventional
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1970
Number of full baths
2
Condition
Number of half baths
Finished Area
1655
Number of Kitchen
1
Gross Living Area
2301
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,788,800.00
Total value
$3,262,200.00
Building value
$1,473,400.00
Estimated tax
$10,700.00
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$3,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
3 Madaket Road40 Walsh Street16 Federal Street21 Commercial Wharf21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 21 Commercial Wharf A) 16 Federal StreetB) 21 Pleasant StreetC) 40 Walsh StreetD) 3 Madaket Road
Photo
Plan
Map
Proximity 0.30.40.70.8
Last Sold 2/4/20253/20/202510/10/202412/3/2024
Price $5,100,000$7,375,000$4,688,000$2,000,000
Net Living Area 1,5471,9361,8161,242
Stories 1.5221
Sale Price/sft $0.00$3296.70$3809.40$2581.50$1610.31
Style ConventionalConventionalConventionalColonialAntique
Age 19701900192319471884
Rooms
Bedrooms 33353
Full baths 22121
Half baths 122
Gross Living Area 23011754326627202094
Heating Fuel Electr BasebrdForced Air-DucHot WaterElectr BasebrdHot Water
Detached Garage
Lot Size 0.030.060.110.070.11
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,473,400.00$1,165,200$2,690,500$773,200$540,600
AEM Value - Land $1,788,800.00$1,655,700$1,466,700$1,714,700$734,200
AEM Value - Other $0.00$0$0$0$0
AEM Value - Total $3,262,200.00$2,820,900$4,157,200$2,487,900$1,274,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Commercial Wharf 4/16/2002 $0 0 Conventional 1,655 0.03 3 2- -
  Criteria
A 16 Federal Street 2/4/2025 $5,100,000 0.3 Conventional 1,547 0.06 3 2-1
B 21 Pleasant Street 3/20/2025 $7,375,000 0.4 Conventional 1,936 0.11 3 1-2
C 40 Walsh Street 10/10/2024 $4,688,000 0.7 Colonial 1,816 0.07 5 2-
D 3 Madaket Road 12/3/2024 $2,000,000 0.8 Antique 1,242 0.11 3 1-2
Averages 89 days $4,790,750 0.53 --- 1,635 0.09 --- ---  

Estimation of Market Value - $5,334,402

As of today, 03/31/2025, the estimated market value of 21 Commercial Wharf, Nantucket considering the above 4 comparable properties is $5,334,402.

 

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 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 Street7 Salem 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
@ 21 Commercial Wharf 4/16/2002 $0 0 Conventional 1,655 0.03 3 2- -
  Criteria
A 23 Commercial Wharf 4/12/2013 $720,000 0.0 Cottage 707 0.03 2 2-
B 29 Commercial Wharf 6/11/1998 $2,900,000 0.0 Bungalow 484 0.54 2 1-
C 25 Commercial Wharf 5/23/1986 $0 0.0 Conventional 952 0.02 2 1-1
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 0.0 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 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
K 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
L 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
M 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
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 6 Commercial Street $0 0.1 Vacant Land 0.16 -
U 32 Washington Street 10/19/2023 $5,000,000 0.1 Aptovrret/Off 1,769 0.2 2 1-
V 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
W 34 Washington Street $0 0.1 Office Bldg 2,426 0.16 0 3-
X 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
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 -
- 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-
- 38 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 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 -
- 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-
- 33 Washington Street 11/17/2010 $1,725,000 0.1 Conventional 1,929 0.28 3 2-
- 8 Coffin Street 3/12/2018 $0 0.1 Bungalow 476 0.21 1 1-
- 44 Washington Street 2/13/2019 $0 0.1 Vacant Land 0.25 -
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
- 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-
Averages 6195 days $7,305,391 0.08 --- 1,396 0.23 --- ---  
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 6 21 Commercial Wharf