7 Union Street, Nantucket, MA 02554

Owner Information
Owner 1
Waterfall Enterprises Inc
Owner 2
Owner's Address
7 Union St Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/24/1998
Previous sale date
03/24/1998
Transfer document #
00568-0021
Previous transfer document
00568-0013
Grantor
Elo Properties Inc
Previous grantor
Elo Properties Inc
Most recent sale price
$910,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-146
Lot Size
0.19
Use Code
302 - Inns, Resorts or Tourist Homes
Zoning
CDT
Building Style
B+B/Inn
Number of Rooms
Stories
2.5
Number of Beds
14
Year Built
1779
Number of full baths
9
Condition
Number of half baths
Finished Area
5919
Number of Kitchen
1
Gross Living Area
8902
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
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,294,900.00
Total value
$4,517,100.00
Building value
$3,222,200.00
Estimated tax
$23,940.00
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 7 Union Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $153.74 Style B+B/Inn Age 1779 Rooms Bedrooms 14 Full baths 9 Half baths Gross Living Area 8902 Heating Fuel Hot Water Detached Garage Lot Size 0.19 Roof Cover Asph/F Gls/Cmp AEM Value - Building $3,222,200.00 AEM Value - Land $1,294,900.00 AEM Value - Other $0.00 AEM Value - Total $4,517,100.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Union Street 3/24/1998 $910,000 0 B+B/Inn 5,919 0.19 14 9- -
  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
@ 7 Union Street 3/24/1998 $910,000 0 B+B/Inn 5,919 0.19 14 9- -
  Criteria
A 1 Stone AL 12/16/1999 $0 0.0 Family Conver. 3,627 0.13 5 2-
B 9 Union Street 7/15/2021 $5,100,000 0.0 Antique 3,378 0.08 5 4-2
C 6 Union Street 3/10/1999 $1,650,000 0.0 Aptovrret/Off 6,608 0.18 5 9-
D 8 Union Street $0 0.0 Condominium 1,935 0 5 2-
E 11 Washington Street 6/3/2021 $3,400,000 0.0 Aptovrret/Off 2,662 0.07 1 1-1
F 3 Union Street $0 0.0 Telephone Bldg 5,265 0.37 0 2-
G 11 Union Street 4/6/2018 $2,222,000 0.0 Antique 2,008 0.05 4 4-1
H 2 Stone AL 11/2/2012 $1,600,000 0.0 Antique 997 0.17 2 1-1
I 15 Washington Street 12/15/2020 $1,700,000 0.0 Store 1,136 0.07 0 0-
J 10 Washington Street 7/22/2022 $4,750,000 0.0 Store 2,040 0.12 3-
K 12 Washington Street 7/22/2022 $4,750,000 0.0 Vacant Land 0.1 -
L 10 Union Street 9/4/2020 $3,850,000 0.0 Antique 2,737 0.28 5 4-
M 8 Washington Street 12/30/1988 $0 0.0 Aptovrret/Off 4,340 0.13 2 3-
N 10 Orange Street 5/29/2014 $5,150,000 0.0 Antique 4,531 0.15 5 6-1
O 17 Washington Street 2/16/2016 $800,000 0.0 Antique 1,456 0.05 3 1-1
P 1 Salem Street 10/7/2008 $1,750,000 0.0 Aptovrret/Off 1,371 0.05 1 1-1
Q 6 Orange Street $0 0.0 Antique 5,483 0.37 4 3-
R 2 Union Street 10/29/2019 $2,850,000 0.0 Store 2,788 0.04 0 2-
S 14-R Orange Street 9/26/2002 $2,850,000 0.0 Antique 3,363 0.18 4 4-1
T 34 Main Street 6/22/2005 $55,000,000 0.0 Store 8,033 0.1 0 2-
U 32 Main Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 5,498 0.07 3 6-
V 8 Orange Street $0 0.0 Antique 2,420 0.05 4 2-
W 5 Coffin Street 10/23/2009 $0 0.0 Vacant Land 0.03 -
X 30 Main Street $0 0.0 Fraternal Lodge 7,533 0.09 0 2-
Y 13 Union Street 10/1/2018 $1,700,000 0.0 Antique 4,890 0.11 5 6-1
Z 3 Salem Street 12/8/2020 $1,986,500 0.0 Store 2,178 0.05 0 2-
- 17-A Washington Street 10/17/2005 $1,400,000 0.0 Cottage 543 0.07 1 1-
- 38 Main Street 6/22/2005 $55,000,000 0.0 Store 7,112 0.14 1 3-
- 12 Orange Street 11/6/2009 $4,250,000 0.0 Antique 3,529 0.1 6 4-1
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 14 Union Street 5/7/2021 $1,408,000 0.1 Antique 2,264 0.09 5 2-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 14 Orange Street 12/21/2021 $0 0.1 Mansion 3,232 0.11 5 4-1
- 16 Orange Street 9/6/2017 $6,400,000 0.1 Antique 4,110 0.11 5 3-4
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 16 Union Street 9/27/2022 $0 0.1 Antique 2,815 0.1 4 3-1
- 9 Coffin Street 11/26/2019 $750,000 0.1 Bungalow 1,151 0.19 1 1-
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
- 15 Union Street 10/13/2022 $0 0.1 Antique 2,821 0.08 4 4-1
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 18 Orange Street 2/21/2012 $5,500,000 0.1 Antique 3,218 0.24 5 3-2
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 18 Union Street 12/6/2016 $3,835,000 0.1 Antique 3,060 0.1 6 6-
- 9 Orange Street 9/6/2023 $1,875,000 0.1 Antique 1,969 0.06 4 2-
- 5 Orange Street 5/25/2021 $4,451,000 0.1 Antique 5,332 0.21 5 5-1
- 11 Orange Street $0 0.1 Churches 6,916 0.15 0 2-
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 7 Coffin Street 3/25/2020 $1,650,000 0.1 Colonial 2,268 0.12 2 2-1
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 13 Orange Street 2/2/2015 $407,007 0.1 Antique 3,390 0.14 6 3-1
- 17 Union Street 8/31/1984 $600,000 0.1 Antique 3,166 0.07 4 2-1
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
- 20 Orange Street 12/5/2020 $5,495,000 0.1 Antique 3,019 0.18 3 5-1
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 15 Orange Street 12/5/2022 $0 0.1 Town House 3,249 0.05 5 3-1
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 17 Orange Street 10/21/2022 $2,300,000 0.1 Town House 3,350 0.05 5 3-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 19 Orange Street 10/7/2020 $2,500,000 0.1 Town House 2,600 0.05 5 4-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 21 Orange Street 9/28/2022 $3,770,000 0.1 Town House 3,226 0.05 5 3-1
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 60 Main Street $0 0.1 Store 3,653 0.05 0 2-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 19 Union Street 8/16/2021 $0 0.1 Antique 4,104 0.12 5 4-3
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 6 Fair Street 5/26/2023 $2,500,010 0.1 Bungalow 1,291 0.06 3 2-1
- 8 Fair Street 12/18/2019 $0 0.1 Antique 3,954 0.1 4 4-1
- 4 Fair Street 8/31/1990 $0 0.1 Family Conver. 3,064 0.07 5 4-
- 22 Orange Street 1/17/2019 $5,195,000 0.1 Antique 3,662 0.12 5 5-1
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 20 Union Street 10/21/1997 $840,000 0.1 Antique 4,997 0.29 4 3-1
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 10 Fair Street $0 0.1 Antique 2,071 0.09 3 2-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 18 Coffin Street 10/7/2005 $1,925,000 0.1 Antique 2,910 0.11 3 4-
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 25 Orange Street 11/1/2016 $5,300,000 0.1 Antique 4,781 0.1 7 5-2
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 10 Coffin Street 12/21/2011 $0 0.1 Cape Cod 1,310 0.12 3 2-
- 14 Fair Street $0 0.1 Antique 4,484 0.25 4 5-1
- 26 Orange Street 1/15/2009 $5,750,000 0.1 Antique 3,470 0.21 4 5-1
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 8 Coffin Street 3/12/2018 $0 0.1 Bungalow 476 0.21 1 1-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 25-B Washington Street 8/15/2019 $0 0.1 Aptovrret/Off 1,695 0.11 1 2-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 21 Union Street 1/20/2022 $1,912,500 0.1 Antique 2,494 0.12 4 2-1
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 16 Fair Street $0 0.1 Churches 5,459 0.2 0 2-
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 29 Orange Street-Lot 69 6/28/2013 $3,125,000 0.1 Vacant Land 0.01 -
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 0 Fair Street 1/22/2008 $1,400,000 0.1 Vacant Land 0.07 -
- 25-C Washington Street 6/25/2021 $2,410,000 0.1 Colonial 1,782 0.11 3 2-1
- 16-R Fair Street $0 0.1 Vacant Land 0.06 -
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 25-R Washington Street $0 0.1 Vacant Land 0.04 -
- 12 Coffin Street 11/5/2014 $3,525,000 0.1 Antique 3,578 0.48 4 3-1
- 28 Orange Street 10/3/2022 $9,325,000 0.1 Antique 4,179 0.18 5 6-
- 18 Fair Street $0 0.1 Vacant Land 0.09 -
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 31 Orange Street 12/19/2007 $0 0.1 Antique 3,227 0.11 4 4-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 3 Fair Street 11/10/2020 $6,150,000 0.1 Colonial 7,286 0.16 5 4-2
- 5 Fair Street 9/10/2010 $5,500,000 0.1 Antique 6,154 0.12 6 7-1
- 6 Straight Wharf $0 0.1 Retail Condo 884 0 0 2-
- 6-A Straight Wharf 6/7/2016 $0 0.1 Condominium 484 0 1 1-
- 8 Straight Wharf 1/23/2008 $0 0.1 Retail Condo 1,221 0 0 2-
- 23-B Union Street 5/23/2016 $0 0.1 Colonial 3,305 0.12 5 5-1
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 22 Union Street 8/27/2019 $0 0.1 Antique 3,711 0.35 5 5-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 7 Fair Street $0 0.1 Museum 5,154 0.11 0 1-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 20 Fair Street-Lot 66 12/15/2016 $867,000 0.1 Antique 960 0.03 2 1-
- 9 Fair Street 10/31/2006 $4,652,000 0.1 Antique 4,460 0.15 5 5-1
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 3 Martins Lane 10/5/2020 $2,200,000 0.1 Custom Built 1,654 0.06 3 3-
- 30 Orange Street 11/12/2020 $10,750,000 0.1 Mansion 6,851 0.29 5 8-2
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
- 72 Main Street 9/16/2024 $24,800,000 0.1 Antique 6,804 0.26 6 6-2
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 22 Fair Street 2/25/2003 $0 0.1 Family Conver. 2,444 0.1 4 2-
- 24 Union Street-Lot 177 5/13/2021 $1,630,000 0.1 Family Conver. 2,028 0.06 2 3-
- 12 Straight Wharf 8/27/1984 $0 0.1 Store 3,528 0.07 0 2-
- 2 Martins Lane 11/3/2010 $2,150,000 0.1 Antique 2,958 0.12 4 4-1
- 23-A Union Street 3/23/2016 $2,600,000 0.1 Colonial 3,305 0.12 5 5-1
- 1 Rays Court 11/20/1997 $590,000 0.1 Colonial 1,299 0.04 3 2-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 1 Judith Chase Lane 5/20/2021 $0 0.1 Custom Built 3,929 0.13 6 5-1
- 5 Martins Lane 12/23/2021 $1,700,000 0.1 Antique 1,211 0.05 3 2-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 22 Fair Street-Lot 130 3/26/2018 $0 0.1 Antique 3,260 0.07 4 4-1
- 74 Main Street 9/6/2001 $0 0.1 Conventional 2,595 0.13 4 2-1
- 26 Washington Street 7/16/2014 $3,900,000 0.1 Aptovrret/Off 3,180 0.19 2 2-
- 24 Union Street 10/26/1998 $1,100,000 0.1 Colonial 2,648 0.12 4 3-1
Averages 4685 days $6,634,929 0.08 --- 2,983 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 146 7 Union Street