24 Old North Wharf, Nantucket, MA 02554

24 Old North Wharf Nantucket MA 02554
Owner Information
Owner 1
Old North Wharf Cooperative Inc
Owner 2
Kimball Sherburne LLC
Owner's Address
P O Box 2840 Midland, TX 79702
Market Sale Information
Most recent sale date
9/20/2021
Previous sale date
03/26/1998
Transfer document #
C17791-
Previous transfer document
C0017-0791
Grantor
Old North Wharf Cooperative Inc
Previous grantor
Stephen Memishian
Most recent sale price
$6,666,667.00
Previous sale price
$0.00
Site Information
Property ID
4231-257
Lot Size
0.03
Use Code
107 - Residential Property
Zoning
ROH
Building Style
Wharf Cottage
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1940
Number of full baths
2
Condition
Number of half baths
1
Finished Area
964
Number of Kitchen
1
Gross Living Area
1886
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Wall Brd/Wood
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Hot Air-No Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$5,798,700.00
Total value
$8,731,500.00
Building value
$2,932,800.00
Estimated tax
$27,329.00
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 24 Old North Wharf Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $6,915.63 Style Wharf Cottage Age 1940 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 1886 Heating Fuel Hot Air-No Duc Detached Garage Lot Size 0.03 Roof Cover Wood Shingle AEM Value - Building $2,932,800.00 AEM Value - Land $5,798,700.00 AEM Value - Other $0.00 AEM Value - Total $8,731,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 24 Old North Wharf 9/20/2021 $6,666,667 0 Wharf Cottage 964 0.03 3 2-1 -
  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
@ 24 Old North Wharf 9/20/2021 $6,666,667 0 Wharf Cottage 964 0.03 3 2-1 -
  Criteria
A 25 Old North Wharf 10/31/2017 $5,450,000 0.0 Wharf Cottage 1,200 0.04 2 1-1
B 23 Old North Wharf 4/10/2002 $0 0.0 Commercial 328 0.01 0 0-
C 22 Old North Wharf 1/30/2014 $0 0.0 Cooperative 690 0.02 1 1-1
D 20 Old North Wharf 3/26/1998 $200,000 0.0 Clubs/Lodges 400 0.02 1-
E 18 Old North Wharf 11/16/2018 $5,800,000 0.0 Wharf Cottage 889 0.04 2 2-
F 16 Old North Wharf 7/14/2000 $1,600,000 0.0 Wharf Cottage 393 0.02 1 1-
G 0 Straight Wharf 6/22/2005 $55,000,000 0.0 Restaurant 2,059 1.45 0 2-
H 14 Old North Wharf 6/12/1998 $0 0.0 Wharf Cottage 343 0.04 1 1-
I 21 Old North Wharf 1/16/2018 $3,250,000 0.0 Wharf Cottage 1,202 0.03 2 2-
J 14 Still Dock 9/4/2020 $1,225,000 0.0 Condominium 745 0 2 1-
K 20 Straight Wharf 6/5/2012 $3,420,000 0.0 Restaurant 7,134 0.07 2 3-
L 0 Straight Wharf 6/22/2005 $55,000,000 0.0 Store 2,200 0.24 0 2-
M 17 Old North Wharf 8/13/2021 $0 0.0 Wharf Cottage 1,500 0.01 1 2-
N 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
O 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
P 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
Q 16 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,428 0.07 0 2-
R 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
S 12 Straight Wharf 8/27/1984 $0 0.1 Store 3,528 0.07 0 2-
T 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
U 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
V 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
W 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
X 6 Straight Wharf $0 0.1 Retail Condo 884 0 0 2-
Y 6-A Straight Wharf 6/7/2016 $0 0.1 Condominium 484 0 1 1-
Z 8 Straight Wharf 1/23/2008 $0 0.1 Retail Condo 1,221 0 0 2-
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 1 Steamboat Wharf-Lot 101 $0 0.1 Outbuildings 0.44 -
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 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-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
Averages 5458 days $10,929,460 0.08 --- 2,221 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 257 24 Old North Wharf