3 Salem Street, Nantucket, MA 02554

3 Salem Street Nantucket MA 02554
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Owner Information
Owner 1
Nir Salem St LLC
Owner 2
Owner's Address
C/O New England Development, 75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
12/8/2020
Previous sale date
12/07/1988
Transfer document #
1786-198
Previous transfer document
C0013-0873
Grantor
Winthrop Nantucket 3 Realty Trust
Previous grantor
Most recent sale price
$1,986,500.00
Previous sale price
$0.00
Site Information
Property ID
4231-183
Lot Size
0.05
Use Code
322 - Discount and Department Stores
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
2178
Number of Kitchen
Gross Living Area
2214
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
Hot Air-No Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,460,500.00
Total value
$2,268,300.00
Building value
$807,800.00
Estimated tax
$12,021.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 3 Salem Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $912.08 Style Store Age 1976 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 2214 Heating Fuel Hot Air-No Duc Detached Garage Lot Size 0.05 Roof Cover Asph/F Gls/Cmp AEM Value - Building $807,800.00 AEM Value - Land $1,460,500.00 AEM Value - Other $0.00 AEM Value - Total $2,268,300.00
A) 4 Easy Street 0.1 5/8/2024 $2,600,000 1,764 1.75 $1473.92 Store 1888 0 2 2296 Hot Water 0.06 Asph/F Gls/Cmp $416,600 $2,391,700 $0 $2,808,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Salem Street 12/8/2020 $1,986,500 0 Store 2,178 0.05 0 2- -
  Criteria
A 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
Averages 137 days $2,600,000 0.07 --- 1,764 0.06 --- ---  

Estimation of Market Value - $2,655,129

As of today, 09/21/2024, the estimated market value of 3 Salem Street, Nantucket considering the above 1 comparable properties is $2,655,129.

 

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
@ 3 Salem Street 12/8/2020 $1,986,500 0 Store 2,178 0.05 0 2- -
  Criteria
A 1 Salem Street 10/7/2008 $1,750,000 0.0 Aptovrret/Off 1,371 0.05 1 1-1
B 8 Washington Street 12/30/1988 $0 0.0 Aptovrret/Off 4,340 0.13 2 3-
C 2 Washington Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 4,940 0.1 4 4-
D 7 Salem Street 12/8/2020 $8,159,800 0.0 Store 4,103 0.13 2 1-1
E 10 Washington Street 7/22/2022 $4,750,000 0.0 Store 2,040 0.12 3-
F 6 Union Street 3/10/1999 $1,650,000 0.0 Aptovrret/Off 6,608 0.18 5 9-
G 2 Union Street 10/29/2019 $2,850,000 0.0 Store 2,788 0.04 0 2-
H 0 Main Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 7,519 0.11 -
I 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.0 Vacant Land 0.06 -
J 5 Candle Street $0 0.0 Light Indust 6,624 0.44 0 2-
K 15 Candle Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.22 -
L 12 Washington Street 7/22/2022 $4,750,000 0.0 Vacant Land 0.1 -
M 16 Main Street 3/21/2016 $0 0.0 Store 4,488 0.05 0 2-
N 0 Straight Wharf 12/8/2020 $151,000 0.0 Vacant Land 0.09 -
O 3 Union Street $0 0.0 Telephone Bldg 5,265 0.37 0 2-
P 30 Main Street $0 0.0 Fraternal Lodge 7,533 0.09 0 2-
Q 15 Main Street $0 0.0 Profess. Bldg 3,528 0.04 0 2-
R 7 Union Street 3/24/1998 $910,000 0.0 B+B/Inn 5,919 0.19 14 9-
S 11 Washington Street 6/3/2021 $3,400,000 0.0 Aptovrret/Off 2,662 0.07 1 1-1
T 1 Main Street 6/22/2005 $55,000,000 0.0 Restaurant 4,360 0.07 0 4-
U 1 Candle Street $0 0.0 Vacant Land 0.2 -
V 6 Commercial Street $0 0.1 Vacant Land 0.16 -
W 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
X 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
Y 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
Z 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 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-
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 1 Stone AL 12/16/1999 $0 0.1 Family Conver. 3,627 0.13 5 2-
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 4 Commercial Street $0 0.1 Vacant Land 0.03 -
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
- 12 Straight Wharf 8/27/1984 $0 0.1 Store 3,528 0.07 0 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
- 11 Union Street 4/6/2018 $2,222,000 0.1 Antique 2,008 0.05 4 4-1
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 16 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,428 0.07 0 2-
- 9 Coffin Street 11/26/2019 $750,000 0.1 Bungalow 1,151 0.19 1 1-
- 2 Stone AL 11/2/2012 $1,600,000 0.1 Antique 997 0.17 2 1-1
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 6 Orange Street $0 0.1 Antique 5,483 0.37 4 3-
- 14 Union Street 5/7/2021 $1,408,000 0.1 Antique 2,264 0.09 5 2-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 10 Orange Street 5/29/2014 $5,150,000 0.1 Antique 4,531 0.15 5 6-1
- 6 Coffin Street 12/12/2002 $0 0.1 Aptovrret/Off 2,562 0.11 1 2-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 20 Straight Wharf 6/5/2012 $3,420,000 0.1 Restaurant 7,134 0.07 2 3-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 13 Union Street 10/1/2018 $1,700,000 0.1 Antique 4,890 0.11 5 6-1
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 7 Coffin Street 3/25/2020 $1,650,000 0.1 Colonial 2,268 0.12 2 2-1
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 14-R Orange Street 9/26/2002 $2,850,000 0.1 Antique 3,363 0.18 4 4-1
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 16 Union Street 9/27/2022 $0 0.1 Antique 2,815 0.1 4 3-1
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
- 8 Orange Street $0 0.1 Antique 2,420 0.05 4 2-
- 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 14 Still Dock 9/4/2020 $1,225,000 0.1 Condominium 745 0 2 1-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 12 Orange Street 11/6/2009 $4,250,000 0.1 Antique 3,529 0.1 6 4-1
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 21 Old North Wharf 1/16/2018 $3,250,000 0.1 Wharf Cottage 1,202 0.03 2 2-
- 25-B Washington Street 8/15/2019 $0 0.1 Aptovrret/Off 1,695 0.11 1 2-
- 18 Union Street 12/6/2016 $3,835,000 0.1 Antique 3,060 0.1 6 6-
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 3 Commercial Street 6/20/2014 $15,500,000 0.1 Cape Cod 752 0.51 1 1-
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 15 Union Street 10/13/2022 $0 0.1 Antique 2,821 0.08 4 4-1
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
- 16 Orange Street 9/6/2017 $6,400,000 0.1 Antique 4,110 0.11 5 3-4
- 14 Orange Street 12/21/2021 $0 0.1 Mansion 3,232 0.11 5 4-1
- 8 Coffin Street 3/12/2018 $0 0.1 Bungalow 476 0.21 1 1-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 10 Coffin Street 12/21/2011 $0 0.1 Cape Cod 1,310 0.12 3 2-
- 25-C Washington Street 6/25/2021 $2,410,000 0.1 Colonial 1,782 0.11 3 2-1
- 13 Commercial Wharf 7/14/2021 $5,350,000 0.1 Colonial 2,576 0.18 2 2-1
- 24 Washington Street 9/15/2006 $10,150,000 0.1 Family Duplex 2,914 0.15 2 1-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 5 Orange Street 5/25/2021 $4,451,000 0.1 Antique 5,332 0.21 5 5-1
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 18 Orange Street 2/21/2012 $5,500,000 0.1 Antique 3,218 0.24 5 3-2
- 18 Coffin Street 10/7/2005 $1,925,000 0.1 Antique 2,910 0.11 3 4-
- 16 Old North Wharf 7/14/2000 $1,600,000 0.1 Wharf Cottage 393 0.02 1 1-
- 17 Union Street 8/31/1984 $600,000 0.1 Antique 3,166 0.07 4 2-1
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 9 Orange Street 9/6/2023 $1,875,000 0.1 Antique 1,969 0.06 4 2-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 15 Commercial Wharf 10/22/2020 $2,950,000 0.1 Aptovrret/Off 1,364 0.08 1 1-1
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 18 Old North Wharf 11/16/2018 $5,800,000 0.1 Wharf Cottage 889 0.04 2 2-
- 11 Orange Street $0 0.1 Churches 6,916 0.15 0 2-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 20 Union Street 10/21/1997 $840,000 0.1 Antique 4,997 0.29 4 3-1
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 60 Main Street $0 0.1 Store 3,653 0.05 0 2-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 20 Orange Street 12/5/2020 $5,495,000 0.1 Antique 3,019 0.18 3 5-1
- 26 Washington Street 7/16/2014 $3,900,000 0.1 Aptovrret/Off 3,180 0.19 2 2-
- 25-R Washington Street $0 0.1 Vacant Land 0.04 -
- 20 Old North Wharf 3/26/1998 $200,000 0.1 Clubs/Lodges 400 0.02 1-
- 13 Orange Street 2/2/2015 $407,007 0.1 Antique 3,390 0.14 6 3-1
- 17 Commercial Wharf 10/5/2004 $4,100,000 0.1 Vacant Land 0.16 -
- 22 Old North Wharf 1/30/2014 $0 0.1 Cooperative 690 0.02 1 1-1
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
- 19 Union Street 8/16/2021 $0 0.1 Antique 4,104 0.12 5 4-3
- 15 Orange Street 12/5/2022 $0 0.1 Town House 3,249 0.05 5 3-1
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 23 Old North Wharf 4/10/2002 $0 0.1 Commercial 328 0.01 0 0-
- 12 Coffin Street 11/5/2014 $3,525,000 0.1 Antique 3,578 0.48 4 3-1
- 17 Orange Street 10/21/2022 $2,300,000 0.1 Town House 3,350 0.05 5 3-
- 0 New Whale Street 10/5/2004 $4,100,000 0.1 Vacant Land 0.02 -
- 28 Washington Street 11/17/2010 $3,450,000 0.1 Commercial 492 0.13 0 1-
- 4 Fair Street 8/31/1990 $0 0.1 Family Conver. 3,064 0.07 5 4-
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 6 Fair Street 5/26/2023 $2,500,010 0.1 Bungalow 1,291 0.06 3 2-1
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 19 Orange Street 10/7/2020 $2,500,000 0.1 Town House 2,600 0.05 5 4-
Averages 5168 days $7,391,207 0.08 --- 2,644 0.11 --- ---  
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 183 3 Salem Street