12 Federal Street, Nantucket, MA 02554

12 Federal Street Nantucket MA 02554
Owner Information
Owner 1
12 Federal Street LLC
Owner 2
Owner's Address
867 Boylston St 4Th Fl Boston, MA 02116
Market Sale Information
Most recent sale date
10/15/2021
Previous sale date
12/15/2004
Transfer document #
1856-31
Previous transfer document
00930-0090
Grantor
Raynor Seth C Trst
Previous grantor
Richard L Buechel
Most recent sale price
$7,200,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-127
Lot Size
0.12
Use Code
326 - Eating and Drinking Establishments
Zoning
CDT
Building Style
Restaurant
Number of Rooms
Stories
2.5
Number of Beds
0
Year Built
1850
Number of full baths
3
Condition
Number of half baths
Finished Area
5771
Number of Kitchen
Gross Living Area
8523
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$4,259,600.00
Total value
$6,397,600.00
Building value
$2,138,000.00
Estimated tax
$33,907.00
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 12 Federal Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,247.62 Style Restaurant Age 1850 Rooms Bedrooms 0 Full baths 3 Half baths Gross Living Area 8523 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,138,000.00 AEM Value - Land $4,259,600.00 AEM Value - Other $0.00 AEM Value - Total $6,397,600.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Federal Street 10/15/2021 $7,200,000 0 Restaurant 5,771 0.12 0 3- -
  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
  • 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
@ 12 Federal Street 10/15/2021 $7,200,000 0 Restaurant 5,771 0.12 0 3- -
  Criteria
A 5 India Street 10/2/2014 $0 0.0 Store 1,933 0.06 0 2-
B 14 Federal Street 9/21/2005 $15,473,000 0.0 Store 2,841 0.07 0 2-
C 7 India Street 2/8/2008 $0 0.0 Aptovrret/Off 1,675 0.06 4 3-
D 16 Federal Street 2/26/2021 $2,597,000 0.0 Conventional 1,547 0.06 3 2-1
E 9 India Street 8/16/2019 $3,700,000 0.0 Restaurant 3,067 0.07 5 3-
F 10 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,990 0.07 0 2-
G 4 India Street 12/30/2008 $0 0.0 Store 4,575 0.05 3 2-
H 2 India Street $0 0.0 Aptovrret/Off 2,663 0.06 2 3-
I 3 India Street $0 0.0 Library 7,946 0.12 0 2-
J 18 Federal Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 3,084 0.05 3 3-
K 2 Chestnut Street 4/16/2021 $4,100,000 0.0 B+B/Inn 5,752 0.08 8 8-
L 8 Federal Street 7/1/1985 $0 0.0 Office Bldg 1,666 0.07 0 2-
M 25 Center Street 6/22/2005 $55,000,000 0.0 Store 2,779 0.11 0 2-
N 21 Federal Street 9/21/2005 $15,473,000 0.0 Restaurant 4,520 0.07 0 3-
O 23 Federal Street 7/2/2018 $3,200,000 0.0 Office Bldg 2,514 0.03 0 2-
P 4 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,197 0.03 0 2-
Q 7 Federal Street $0 0.0 Post Office 4,544 0.12 0 2-
R 7 Center Street 9/18/2008 $0 0.0 Retail Condo 920 0 0 2-
S 2-E Chestnut Street 9/21/2005 $15,473,000 0.0 Restaurant 662 0.03 0 2-
T 47-R Main Street 11/13/2015 $3,700,000 0.0 Vacant Land 0.07 -
U 1 India Street $0 0.0 Library 3,602 0.29 0 0-
V 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
W 6 Oak Street 6/15/2022 $0 0.0 Restaurant 616 0.03 0 2-
X 31 Center Street 4/16/2021 $38,500,000 0.0 B+B/Inn 4,968 0.13 5 15-
Y 1 Chestnut Street 10/2/1998 $1,100,000 0.0 Store 3,031 0.13 0 2-
Z 4-E Chestnut Street 6/12/2012 $0 0.0 Aptovrret/Off 2,475 0.05 6 3-
- 3 Federal Street $0 0.0 Churches 4,615 0.13 0 2-
- 37 Main Street 4/30/1998 $2,000,000 0.0 Office Bldg 2,384 0.03 0 2-
- 35 Main Street 12/20/2012 $3,600,000 0.0 Aptovrret/Off 2,750 0.04 2 2-
- 41 Main Street 12/28/2006 $0 0.0 Restaurant 3,450 0.04 0 3-
- 33 Main Street 10/26/2012 $4,500,000 0.0 Store 3,150 0.03 1 2-
- 45 Main Street 6/1/1984 $400,000 0.0 Store 2,770 0.04 0 2-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 60 Main Street $0 0.1 Store 3,653 0.05 0 2-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 69 Main Street $0 0.1 Mansion 5,864 0.22 5 5-1
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 6 Orange Street $0 0.1 Antique 5,483 0.37 4 3-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 11 Rose Lane 10/6/2009 $0 0.1 Cape Cod 1,746 0.17 3 2-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 0 Fair Street 1/22/2008 $1,400,000 0.1 Vacant Land 0.07 -
- 4 Fair Street 8/31/1990 $0 0.1 Family Conver. 3,064 0.07 5 4-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 4 Liberty Street $0 0.1 Antique 2,507 0.07 5 2-
- 5 Orange Street 5/25/2021 $4,451,000 0.1 Antique 5,332 0.21 5 5-1
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 20 India Street 7/7/2020 $0 0.1 Antique 3,170 0.26 5 6-1
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 9 Liberty Street 7/30/2018 $3,350,000 0.1 Antique 2,345 0.09 5 3-1
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 73 Main Street 11/18/2013 $0 0.1 Antique 2,536 0.1 5 4-1
- 6 Fair Street 5/26/2023 $2,500,010 0.1 Bungalow 1,291 0.06 3 2-1
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 72 Main Street 6/16/2016 $7,350,000 0.1 Antique 6,804 0.26 6 6-2
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 10 Hussey Street 4/15/2021 $4,066,666 0.1 B+B/Inn 4,681 0.08 5 9-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 11 Liberty Street 3/13/2019 $2,195,000 0.1 Antique 1,292 0.09 2 2-1
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 8 Orange Street $0 0.1 Antique 2,420 0.05 4 2-
- 9 Orange Street 9/6/2023 $1,875,000 0.1 Antique 1,969 0.06 4 2-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 24 India Street 7/26/2005 $0 0.1 Colonial 2,067 0.19 3 2-1
- 3 Fair Street 11/10/2020 $6,150,000 0.1 Colonial 7,286 0.16 5 4-2
- 8 Fair Street 12/18/2019 $0 0.1 Antique 3,954 0.1 4 4-1
- 3 Quince Street 9/27/2017 $2,796,101 0.1 Antique 2,368 0.12 4 3-
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 10 Orange Street 5/29/2014 $5,150,000 0.1 Antique 4,531 0.15 5 6-1
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 1 Stone AL 12/16/1999 $0 0.1 Family Conver. 3,627 0.13 5 2-
- 15 Rose Lane 4/6/1995 $0 0.1 Vacant Land 0.09 -
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 75 Main Street 11/5/2010 $5,150,000 0.1 Mansion 4,692 0.32 5 2-
Averages 5324 days $6,388,102 0.08 --- 3,612 0.1 --- ---  
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
4231 127 12 Federal Street