1 Main Street, Nantucket, MA 02554

1 Main Street Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Nir Retail LLC
Owner 2
New England Develop-Accting Dept
Owner's Address
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
4231-134
Lot Size
0.07
Use Code
326 - Eating and Drinking Establishments
Zoning
CDT
Building Style
Restaurant
Number of Rooms
Stories
2
Number of Beds
0
Year Built
1865
Number of full baths
4
Condition
Number of half baths
Finished Area
4360
Number of Kitchen
Gross Living Area
4604
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$5,276,900.00
Total value
$5,787,200.00
Building value
$510,300.00
Estimated tax
$30,672.00
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 1 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $12,614.68 Style Restaurant Age 1865 Rooms Bedrooms 0 Full baths 4 Half baths Gross Living Area 4604 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.07 Roof Cover Asph/F Gls/Cmp AEM Value - Building $510,300.00 AEM Value - Land $5,276,900.00 AEM Value - Other $0.00 AEM Value - Total $5,787,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Main Street 6/22/2005 $55,000,000 0 Restaurant 4,360 0.07 0 4- -
  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
@ 1 Main Street 6/22/2005 $55,000,000 0 Restaurant 4,360 0.07 0 4- -
  Criteria
A 15 Main Street $0 0.0 Profess. Bldg 3,528 0.04 0 2-
B 4 Easy Street 5/8/2024 $2,600,000 0.0 Store 1,764 0.06 0 2-
C 2 Straight Wharf 12/17/2021 $0 0.0 Aptovrret/Off 7,800 0.14 3 3-
D 5-A South Water Street 10/22/1997 $0 0.0 Retail Condo 687 0 0 0-
E 0 Main Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 7,519 0.11 -
F 1-R Old North Wharf 1/26/2017 $1,550,000 0.0 Conventional 1,076 0.04 1 1-1
G 15 Candle Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.22 -
H 6 Straight Wharf $0 0.0 Retail Condo 884 0 0 2-
I 6-A Straight Wharf 6/7/2016 $0 0.0 Condominium 484 0 1 1-
J 8 Straight Wharf 1/23/2008 $0 0.0 Retail Condo 1,221 0 0 2-
K 0 Straight Wharf 12/8/2020 $151,000 0.0 Vacant Land 0.09 -
L 2 Washington Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 4,940 0.1 4 4-
M 6 Easy Street 3/10/2014 $22,700 0.0 Vacant Land 0.01 -
N 21 Main Street 6/22/2005 $55,000,000 0.0 Retail Condo 1,413 0 0 2-
O 16 Main Street 3/21/2016 $0 0.0 Store 4,488 0.05 0 2-
P 4 South Water Street 9/21/2005 $15,473,000 0.0 Store 1,704 0.03 0 2-
Q 7 Old North Wharf 5/6/2008 $2,750,000 0.0 Wharf Cottage 2,206 0.08 4 3-
R 10 Easy Street 12/4/2023 $3,800,000 0.0 Colonial 2,384 0.11 2 3-
S 10 Straight Wharf 4/29/2016 $1,850,000 0.0 Store 2,064 0.05 0 1-
T 3 North Union Street 6/22/2005 $55,000,000 0.0 Retail Condo 1,720 0 2-
U 7 Easy Street 10/10/2012 $0 0.0 Aptovrret/Off 1,539 0.09 2 2-
V 4 Old North Wharf 12/24/2002 $0 0.0 Warehouse 1,078 0.02 1-
W 2 Union Street 10/29/2019 $2,850,000 0.0 Store 2,788 0.04 0 2-
X 6 Old North Wharf 7/8/2016 $3,995,000 0.0 Wharf Cottage 1,200 0.02 3 2-1
Y 12 Straight Wharf 8/27/1984 $0 0.0 Store 3,528 0.07 0 2-
Z 23 Main Street 10/27/2016 $0 0.0 Store 1,536 0.04 0 1-
- 3 Salem Street 12/8/2020 $1,986,500 0.0 Store 2,178 0.05 0 2-
- 11 South Water Street 6/22/2005 $55,000,000 0.0 Store 3,329 0.1 0 2-
- 10 Still Dock 2/4/2020 $2,225,000 0.0 Wharf Cottage 1,425 0.04 2 2-1
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 16 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,428 0.07 0 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 14 Still Dock 9/4/2020 $1,225,000 0.1 Condominium 745 0 2 1-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 21 Old North Wharf 1/16/2018 $3,250,000 0.1 Wharf Cottage 1,202 0.03 2 2-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 20 Straight Wharf 6/5/2012 $3,420,000 0.1 Restaurant 7,134 0.07 2 3-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 16 Old North Wharf 7/14/2000 $1,600,000 0.1 Wharf Cottage 393 0.02 1 1-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 18 Old North Wharf 11/16/2018 $5,800,000 0.1 Wharf Cottage 889 0.04 2 2-
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 20 Old North Wharf 3/26/1998 $200,000 0.1 Clubs/Lodges 400 0.02 1-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 22 Old North Wharf 1/30/2014 $0 0.1 Cooperative 690 0.02 1 1-1
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 23 Old North Wharf 4/10/2002 $0 0.1 Commercial 328 0.01 0 0-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 1 Stone AL 12/16/1999 $0 0.1 Family Conver. 3,627 0.13 5 2-
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 25 Old North Wharf 10/31/2017 $5,450,000 0.1 Wharf Cottage 1,200 0.04 2 1-1
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
- 24 Old North Wharf 9/20/2021 $6,666,667 0.1 Wharf Cottage 964 0.03 3 2-1
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 6 Orange Street $0 0.1 Antique 5,483 0.37 4 3-
- 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 10 Orange Street 5/29/2014 $5,150,000 0.1 Antique 4,531 0.15 5 6-1
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
- 11 Union Street 4/6/2018 $2,222,000 0.1 Antique 2,008 0.05 4 4-1
- 2 Stone AL 11/2/2012 $1,600,000 0.1 Antique 997 0.17 2 1-1
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 8 Orange Street $0 0.1 Antique 2,420 0.05 4 2-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 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-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
Averages 5557 days $8,175,174 0.08 --- 2,723 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 134 1 Main Street