16 Straight Wharf, Nantucket, MA 02554

16 Straight Wharf Nantucket MA 02554
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
4231-139
Lot Size
0.07
Use Code
32 - Multiple Use Property
Zoning
CDT
Building Style
Store
Number of Rooms
Stories
2
Number of Beds
0
Year Built
1976
Number of full baths
2
Condition
Number of half baths
Finished Area
2428
Number of Kitchen
Gross Living Area
4564
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl/Asphalt
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$5,751,900.00
Total value
$6,559,200.00
Building value
$807,300.00
Estimated tax
$34,763.00
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 16 Straight Wharf Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $22,652.39 Style Store Age 1976 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 4564 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.07 Roof Cover Asph/F Gls/Cmp AEM Value - Building $807,300.00 AEM Value - Land $5,751,900.00 AEM Value - Other $0.00 AEM Value - Total $6,559,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Straight Wharf 6/22/2005 $55,000,000 0 Store 2,428 0.07 0 2- -
  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
@ 16 Straight Wharf 6/22/2005 $55,000,000 0 Store 2,428 0.07 0 2- -
  Criteria
A 20 Straight Wharf 6/5/2012 $3,420,000 0.0 Restaurant 7,134 0.07 2 3-
B 12 Straight Wharf 8/27/1984 $0 0.0 Store 3,528 0.07 0 2-
C 10 Straight Wharf 4/29/2016 $1,850,000 0.0 Store 2,064 0.05 0 1-
D 14 Still Dock 9/4/2020 $1,225,000 0.0 Condominium 745 0 2 1-
E 10 Still Dock 2/4/2020 $2,225,000 0.0 Wharf Cottage 1,425 0.04 2 2-1
F 6 Straight Wharf $0 0.0 Retail Condo 884 0 0 2-
G 6-A Straight Wharf 6/7/2016 $0 0.0 Condominium 484 0 1 1-
H 8 Straight Wharf 1/23/2008 $0 0.0 Retail Condo 1,221 0 0 2-
I 21 Old North Wharf 1/16/2018 $3,250,000 0.0 Wharf Cottage 1,202 0.03 2 2-
J 17 Old North Wharf 8/13/2021 $0 0.0 Wharf Cottage 1,500 0.01 1 2-
K 15 Old North Wharf 5/1/1982 $0 0.0 Wharf Cottage 880 0.02 3 1-1
L 2 New Whale Street 12/8/2020 $8,159,800 0.0 Vacant Land 0.51 -
M 7 Old North Wharf 5/6/2008 $2,750,000 0.0 Wharf Cottage 2,206 0.08 4 3-
N 14 Old North Wharf 6/12/1998 $0 0.0 Wharf Cottage 343 0.04 1 1-
O 12 Old North Wharf 2/21/1997 $0 0.0 Wharf Cottage 486 0.05 1 1-
P 16 Old North Wharf 7/14/2000 $1,600,000 0.0 Wharf Cottage 393 0.02 1 1-
Q 2 Straight Wharf 12/17/2021 $0 0.0 Aptovrret/Off 7,800 0.14 3 3-
R 18 Old North Wharf 11/16/2018 $5,800,000 0.0 Wharf Cottage 889 0.04 2 2-
S 1 New Whale Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.07 -
T 20 Old North Wharf 3/26/1998 $200,000 0.0 Clubs/Lodges 400 0.02 1-
U 0 Straight Wharf 12/8/2020 $151,000 0.0 Vacant Land 0.09 -
V 10 Old North Wharf 6/23/2015 $0 0.0 Wharf Cottage 1,316 0.02 4 2-
W 22 Old North Wharf 1/30/2014 $0 0.0 Cooperative 690 0.02 1 1-1
X 23 Old North Wharf 4/10/2002 $0 0.0 Commercial 328 0.01 0 0-
Y 1-R Old North Wharf 1/26/2017 $1,550,000 0.0 Conventional 1,076 0.04 1 1-1
Z 6 Old North Wharf 7/8/2016 $3,995,000 0.0 Wharf Cottage 1,200 0.02 3 2-1
- 15 Candle Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.22 -
- 4 Old North Wharf 12/24/2002 $0 0.0 Warehouse 1,078 0.02 1-
- 25 Old North Wharf 10/31/2017 $5,450,000 0.1 Wharf Cottage 1,200 0.04 2 1-1
- 24 Old North Wharf 9/20/2021 $6,666,667 0.1 Wharf Cottage 964 0.03 3 2-1
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 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 -
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,200 0.24 0 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 1 Steamboat Wharf-Lot 101 $0 0.1 Outbuildings 0.44 -
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
Averages 5303 days $8,897,019 0.07 --- 2,445 0.12 --- ---  
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 139 16 Straight Wharf