3 Commercial Street, Nantucket, MA 02554

3 Commercial Street Nantucket MA 02554
Owner Information
Owner 1
Tack3 LLC
Owner 2
Owner's Address
C/O Harborview Nantucket, 221 Royal Poinciana Way Palm Beach, FL 33480
Market Sale Information
Most recent sale date
6/20/2014
Previous sale date
09/15/2006
Transfer document #
U42247-
Previous transfer document
C0022353-0
Grantor
Harborview Nantucket LP
Previous grantor
Nantucket Commercial St LLC
Most recent sale price
$15,500,000.00
Previous sale price
$10,150,000.00
Site Information
Property ID
4231-38
Lot Size
0.51
Use Code
111 - Apartment, 4 To 8 units
Zoning
RC
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
1
Year Built
1945
Number of full baths
1
Condition
Number of half baths
Finished Area
752
Number of Kitchen
4
Gross Living Area
1057
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,174,400.00
Total value
$7,574,500.00
Building value
$4,400,100.00
Estimated tax
$23,708.00
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 3 Commercial Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $20,611.70 Style Cape Cod Age 1945 Rooms Bedrooms 1 Full baths 1 Half baths Gross Living Area 1057 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.51 Roof Cover Wood Shingle AEM Value - Building $4,400,100.00 AEM Value - Land $3,174,400.00 AEM Value - Other $0.00 AEM Value - Total $7,574,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Commercial Street 6/20/2014 $15,500,000 0 Cape Cod 752 0.51 1 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
@ 3 Commercial Street 6/20/2014 $15,500,000 0 Cape Cod 752 0.51 1 1- -
  Criteria
A 24 Washington Street 9/15/2006 $10,150,000 0.0 Family Duplex 2,914 0.15 2 1-
B 13 Commercial Wharf 7/14/2021 $5,350,000 0.0 Colonial 2,576 0.18 2 2-1
C 26 Washington Street 7/16/2014 $3,900,000 0.0 Aptovrret/Off 3,180 0.19 2 2-
D 4 Commercial Street $0 0.0 Vacant Land 0.03 -
E 28 Washington Street 11/17/2010 $3,450,000 0.0 Commercial 492 0.13 0 1-
F 15 Commercial Wharf 10/22/2020 $2,950,000 0.0 Aptovrret/Off 1,364 0.08 1 1-1
G 0 New Whale Street 10/5/2004 $4,100,000 0.0 Vacant Land 0.02 -
H 30-A Washington Street 11/17/2010 $1,725,000 0.0 Vacant Land 0.13 -
I 2 Commercial Street-Lot 94 $0 0.0 Vacant Land 0.01 -
J 17 Commercial Wharf 10/5/2004 $4,100,000 0.0 Vacant Land 0.16 -
K 25-B Washington Street 8/15/2019 $0 0.0 Aptovrret/Off 1,695 0.11 1 2-
L 10 New Whale Street $0 0.0 Light Indust 1,768 1.31 0 0-
M 25-C Washington Street 6/25/2021 $2,410,000 0.0 Colonial 1,782 0.11 3 2-1
N 6 Coffin Street 12/12/2002 $0 0.0 Aptovrret/Off 2,562 0.11 1 2-
O 30-B Washington Street 11/17/2010 $1,725,000 0.0 Vacant Land 0.17 -
P 23 Washington Street 8/4/1986 $0 0.0 Restaurant 3,632 0.11 0 2-
Q 1 Candle Street $0 0.0 Vacant Land 0.2 -
R 6 Commercial Street $0 0.0 Vacant Land 0.16 -
S 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
T 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
U 32 Washington Street 10/19/2023 $5,000,000 0.1 Aptovrret/Off 1,769 0.2 2 1-
V 27 Washington Street 7/15/1993 $0 0.1 Cottage 441 0.32 1 1-
W 8 Coffin Street 3/12/2018 $0 0.1 Bungalow 476 0.21 1 1-
X 33 Washington Street 11/17/2010 $1,725,000 0.1 Conventional 1,929 0.28 3 2-
Y 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
Z 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 21 Commercial Wharf 4/16/2002 $0 0.1 Conventional 1,655 0.03 3 2-
- 34 Washington Street $0 0.1 Office Bldg 2,426 0.16 0 3-
- 25-R Washington Street $0 0.1 Vacant Land 0.04 -
- 10 Coffin Street 12/21/2011 $0 0.1 Cape Cod 1,310 0.12 3 2-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 36 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 7 Coffin Street 3/25/2020 $1,650,000 0.1 Colonial 2,268 0.12 2 2-1
- 23 Commercial Wharf 4/12/2013 $720,000 0.1 Cottage 707 0.03 2 2-
- 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
- 9 Coffin Street 11/26/2019 $750,000 0.1 Bungalow 1,151 0.19 1 1-
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
- 29 Commercial Wharf 6/11/1998 $2,900,000 0.1 Bungalow 484 0.54 2 1-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 38 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 12 Coffin Street 11/5/2014 $3,525,000 0.1 Antique 3,578 0.48 4 3-1
- 18 Coffin Street 10/7/2005 $1,925,000 0.1 Antique 2,910 0.11 3 4-
- 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 31 Washington Street 11/17/2010 $1,725,000 0.1 Colonial 800 0.12 1 1-1
- 25 Commercial Wharf 5/23/1986 $0 0.1 Conventional 952 0.02 2 1-1
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 29 Washington Street 10/2/2018 $1,350,000 0.1 Cape Cod 2,288 0.12 4 3-
- 40 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.14 -
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 0 Washington Street $0 0.1 Vacant Land 0.02 -
- 42 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.13 -
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
- 16 Union Street 9/27/2022 $0 0.1 Antique 2,815 0.1 4 3-1
- 14 Union Street 5/7/2021 $1,408,000 0.1 Antique 2,264 0.09 5 2-
- 18 Union Street 12/6/2016 $3,835,000 0.1 Antique 3,060 0.1 6 6-
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 20 Union Street 10/21/1997 $840,000 0.1 Antique 4,997 0.29 4 3-1
- 33-B Washington Street 9/15/2020 $2,150,000 0.1 Custom Built 1,695 0.18 2 2-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 44 Washington Street 2/13/2019 $0 0.1 Vacant Land 0.25 -
- 0 Washington Street 7/31/1996 $2,750,000 0.1 Vacant Land 0.04 -
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 37 Washington Street 12/20/1990 $395,000 0.1 Office Bldg 4,967 0.19 0 3-
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 33-C Washington Street 6/15/2010 $0 0.1 Antique 2,149 0.18 4 3-
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
- 22 Union Street 8/27/2019 $0 0.1 Antique 3,711 0.35 5 5-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 0 Washington Street $0 0.1 Vacant Land 1.84 -
- 13 Union Street 10/1/2018 $1,700,000 0.1 Antique 4,890 0.11 5 6-1
- 11 Union Street 4/6/2018 $2,222,000 0.1 Antique 2,008 0.05 4 4-1
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 15 Union Street 10/13/2022 $0 0.1 Antique 2,821 0.08 4 4-1
- 54 Washington Street 6/7/2021 $3,600,000 0.1 Ranch 1,100 0.27 2 1-
- 17 Union Street 8/31/1984 $600,000 0.1 Antique 3,166 0.07 4 2-1
- 39 Washington Street 2/13/2019 $0 0.1 Conventional 1,698 0.19 4 2-
- 24 Union Street 10/26/1998 $1,100,000 0.1 Colonial 2,648 0.12 4 3-1
- 24 Union Street-Lot 177 5/13/2021 $1,630,000 0.1 Family Conver. 2,028 0.06 2 3-
- 19 Union Street 8/16/2021 $0 0.1 Antique 4,104 0.12 5 4-3
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 35 Washington Street 3/5/2018 $2,585,000 0.1 Antique 1,800 0.22 3 2-1
- 26 Union Street 10/23/2015 $3,475,000 0.1 Antique 3,237 0.15 4 3-2
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 53 Washington Street 8/18/2022 $2,600,000 0.1 Colonial 1,551 0.07 3 2-
- 21 Union Street 1/20/2022 $1,912,500 0.1 Antique 2,494 0.12 4 2-1
- 30 Union Street 10/8/2021 $4,600,000 0.1 Antique 4,010 0.26 4 5-
Averages 4818 days $5,201,169 0.08 --- 1,972 0.17 --- ---  
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 38 3 Commercial Street