3 North Union Street, Nantucket, MA 02554

3 North Union Street 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
09/28/1992
Transfer document #
00963-0014
Previous transfer document
00398-0034
Grantor
Arthur J Halleran
Previous grantor
Walter R Hess
Most recent sale price
$55,000,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-214-2
Lot Size
0
Use Code
322 - Discount and Department Stores
Zoning
CDT
Building Style
Retail Condo
Number of Rooms
Stories
2
Number of Beds
Year Built
1930
Number of full baths
2
Condition
Number of half baths
Finished Area
1720
Number of Kitchen
Gross Living Area
3362
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$0.00
Total value
$1,656,500.00
Building value
$1,656,500.00
Estimated tax
$9,210.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
3 North Union Street$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 3 North Union Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $31,976.74
Style Retail Condo
Age 1930
Rooms
Bedrooms
Full baths 2
Half baths
Gross Living Area 3362
Heating Fuel Electr Basebrd
Detached Garage
Lot Size 0
Roof Cover Asph/F Gls/Cmp
AEM Value - Building $1,656,500.00
AEM Value - Land $0.00
AEM Value - Other $0.00
AEM Value - Total $1,656,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 North Union Street 6/22/2005 $55,000,000 0 Retail Condo 1,720 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
Subject Property6-A Straight Wharf6 Oak Street3 North Union Street6 Straight Wharf8 Straight Wharf7 India Street2 Stone AL4-E Chestnut Street8 Union Street8 Orange Street9 India Street8 Oak Street14 Federal Street34 Center Street10 Federal Street15 Main Street8 Fair Street15 South Water Street9 Union Street1 Main Street32 Center Street12 Federal Street11 Orange Street10 Orange Street7 Federal Street2 Straight Wharf17 South Water Street$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 North Union Street 6/22/2005 $55,000,000 0 Retail Condo 1,720 0 2- -
  Criteria
A 4 South Water Street 9/21/2005 $15,473,000 0.0 Store 1,704 0.03 0 2-
B 21 Main Street 6/22/2005 $55,000,000 0.0 Retail Condo 1,413 0 0 2-
C 23 Main Street 10/27/2016 $0 0.0 Store 1,536 0.04 0 1-
D 3 Federal Street $0 0.0 Churches 4,615 0.13 0 2-
E 31 Main Street 2/14/2007 $0 0.0 Store 7,138 0.08 0 2-
F 7 Federal Street $0 0.0 Post Office 4,544 0.12 0 2-
G 5-A South Water Street 10/22/1997 $0 0.0 Retail Condo 687 0 0 0-
H 15 Main Street $0 0.0 Profess. Bldg 3,528 0.04 0 2-
I 16 Main Street 3/21/2016 $0 0.0 Store 4,488 0.05 0 2-
J 30 Main Street $0 0.0 Fraternal Lodge 7,533 0.09 0 2-
K 1 India Street $0 0.0 Library 3,602 0.29 0 0-
L 4 Easy Street 5/8/2024 $2,600,000 0.0 Store 1,764 0.06 0 2-
M 11 South Water Street 6/22/2005 $55,000,000 0.0 Store 3,329 0.1 0 2-
N 1 Main Street 6/22/2005 $55,000,000 0.0 Restaurant 4,360 0.07 0 4-
O 33 Main Street 10/26/2012 $4,500,000 0.0 Store 3,150 0.03 1 2-
P 32 Main Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 5,498 0.07 3 6-
Q 10 Easy Street 12/4/2023 $3,800,000 0.0 Colonial 2,384 0.11 2 3-
R 3 India Street $0 0.0 Library 7,946 0.12 0 2-
S 35 Main Street 12/20/2012 $3,600,000 0.0 Aptovrret/Off 2,750 0.04 2 2-
T 2 Union Street 10/29/2019 $2,850,000 0.0 Store 2,788 0.04 0 2-
U 10 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,990 0.07 0 2-
V 0 Main Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 7,519 0.11 -
W 6 Easy Street 3/10/2014 $22,700 0.0 Vacant Land 0.01 -
X 4 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,197 0.03 0 2-
Y 8 Federal Street 3/14/2025 $3,500,000 0.0 Office Bldg 1,666 0.07 0 2-
Z 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 16 Federal Street 2/4/2025 $5,100,000 0.1 Conventional 1,547 0.06 3 2-1
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 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-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 6 Orange Street $0 0.1 Antique 5,483 0.37 4 3-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 12 Straight Wharf 8/27/1984 $0 0.1 Store 3,528 0.07 0 2-
- 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 1 Stone AL 12/16/1999 $0 0.1 Family Conver. 3,627 0.13 5 2-
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 16 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,428 0.07 0 2-
- 60 Main Street $0 0.1 Store 3,653 0.05 0 2-
- 21 Old North Wharf 1/16/2018 $3,250,000 0.1 Wharf Cottage 1,202 0.03 2 2-
- 14 Still Dock 9/4/2020 $1,225,000 0.1 Condominium 745 0 2 1-
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 8 Orange Street $0 0.1 Antique 2,420 0.05 4 2-
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 10 Orange Street 5/29/2014 $5,150,000 0.1 Antique 4,531 0.15 5 6-1
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 5 Orange Street 5/25/2021 $4,451,000 0.1 Antique 5,332 0.21 5 5-1
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 20 Straight Wharf 6/5/2012 $3,420,000 0.1 Restaurant 7,134 0.07 2 3-
- 16 Old North Wharf 7/14/2000 $1,600,000 0.1 Wharf Cottage 393 0.02 1 1-
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 2 Stone AL 11/2/2012 $1,600,000 0.1 Antique 997 0.17 2 1-1
- 18 Old North Wharf 11/16/2018 $5,800,000 0.1 Wharf Cottage 889 0.04 2 2-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 4 Fair Street 8/31/1990 $0 0.1 Family Conver. 3,064 0.07 5 4-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 9 Orange Street 9/6/2023 $1,875,000 0.1 Antique 1,969 0.06 4 2-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 20 Old North Wharf 3/26/1998 $200,000 0.1 Clubs/Lodges 400 0.02 1-
- 11 Union Street 4/6/2018 $2,222,000 0.1 Antique 2,008 0.05 4 4-1
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 6 Fair Street 5/26/2023 $2,500,010 0.1 Bungalow 1,291 0.06 3 2-1
- 12 Orange Street 11/6/2009 $4,250,000 0.1 Antique 3,529 0.1 6 4-1
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 0 Fair Street 1/22/2008 $1,400,000 0.1 Vacant Land 0.07 -
- 22 Old North Wharf 1/30/2014 $0 0.1 Cooperative 690 0.02 1 1-1
- 11 Orange Street $0 0.1 Churches 6,916 0.15 0 2-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 34 Center Street 1/31/2025 $3,500,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
- 14-R Orange Street 9/26/2002 $2,850,000 0.1 Antique 3,363 0.18 4 4-1
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 8 Fair Street 12/18/2019 $0 0.1 Antique 3,954 0.1 4 4-1
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
Averages 5831 days $7,043,249 0.08 --- 3,168 0.09 --- ---  
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 214 2 3 North Union Street