7 Old North Wharf, Nantucket, MA 02554

7 Old North Wharf Nantucket MA 02554
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Owner Information
Owner 1
Lampe Leah Simblaris
Owner 2
Oldnan Realty Trust
Owner's Address
17 Smiths Point Rd Manchester, MA 01944
Market Sale Information
Most recent sale date
5/6/2008
Previous sale date
03/18/1994
Transfer document #
C0022964-
Previous transfer document
C0016-0227
Grantor
Marilyn J Orourke
Previous grantor
Paul K Orourke
Most recent sale price
$2,750,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-82
Lot Size
0.08
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Wharf Cottage
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1940
Number of full baths
3
Condition
Number of half baths
Finished Area
2206
Number of Kitchen
1
Gross Living Area
2732
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
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
$5,073,000.00
Total value
$7,408,700.00
Building value
$2,335,700.00
Estimated tax
$23,189.00
Yard improvement value
$0.00
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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 7 Old North Wharf Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,246.60 Style Wharf Cottage Age 1940 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 2732 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.08 Roof Cover Wood Shingle AEM Value - Building $2,335,700.00 AEM Value - Land $5,073,000.00 AEM Value - Other $0.00 AEM Value - Total $7,408,700.00
A) 1 Farmer Street 0.3 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
B) 11 Pine Street 0.3 12/21/2023 $3,000,000 2,192 2 $1368.61 Colonial 1987 3 3 3177 Forced Air-Duc 0.13 Asph/F Gls/Cmp $888,200 $2,327,400 $0 $3,215,600
C) 38 Pine Street 0.4 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
D) 23 Walsh Street 0.4 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
E) 108 Main Street 0.4 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
F) 40 Walsh Street 0.5 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
G) 56 Walsh Street 0.6 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
H) 149 Main Street 0.6 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
I) 45 West Chester Street 0.6 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
J) 20 New Lane 0.7 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
K) 16 Polliwog Pond Road 0.9 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
L) 7 Yompasham Lane 0.9 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Old North Wharf 5/6/2008 $2,750,000 0 Wharf Cottage 2,206 0.08 4 3- -
  Criteria
A 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
B 11 Pine Street 12/21/2023 $3,000,000 0.3 Colonial 2,192 0.13 3 3-
C 38 Pine Street 1/31/2024 $2,225,000 0.4 Antique 1,707 0.07 3 1-1
D 23 Walsh Street 2/2/2024 $4,937,500 0.4 Colonial 1,774 0.12 4 4-1
E 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
F 40 Walsh Street 1/4/2024 $2,900,000 0.5 Colonial 1,816 0.07 5 2-
G 56 Walsh Street 2/15/2024 $5,000,000 0.6 Cape Cod 2,028 0.11 5 3-1
H 149 Main Street 5/17/2024 $4,225,000 0.6 Conventional 1,698 0.14 3 1-1
I 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
J 20 New Lane 1/17/2024 $4,350,000 0.7 Colonial 2,247 0.12 4 3-1
K 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.9 Cape Cod 1,830 0.24 5 2-
L 7 Yompasham Lane 2/14/2024 $2,262,500 0.9 Conventional 1,878 0.25 3 3-
Averages 119 days $3,537,500 0.56 --- 1,965 0.13 --- ---  

Estimation of Market Value - $6,605,434

As of today, 06/19/2024, the estimated market value of 7 Old North Wharf, Nantucket considering the above 12 comparable properties is $6,605,434.

 

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
@ 7 Old North Wharf 5/6/2008 $2,750,000 0 Wharf Cottage 2,206 0.08 4 3- -
  Criteria
A 15 Old North Wharf 5/1/1982 $0 0.0 Wharf Cottage 880 0.02 3 1-1
B 10 Still Dock 2/4/2020 $2,225,000 0.0 Wharf Cottage 1,425 0.04 2 2-1
C 1-R Old North Wharf 1/26/2017 $1,550,000 0.0 Conventional 1,076 0.04 1 1-1
D 6 Old North Wharf 7/8/2016 $3,995,000 0.0 Wharf Cottage 1,200 0.02 3 2-1
E 17 Old North Wharf 8/13/2021 $0 0.0 Wharf Cottage 1,500 0.01 1 2-
F 6 Straight Wharf $0 0.0 Retail Condo 884 0 0 2-
G 6-A Straight Wharf 6/7/2016 $0 0.0 Condominium 484 0 1 1-
H 8 Straight Wharf 1/23/2008 $0 0.0 Retail Condo 1,221 0 0 2-
I 10 Old North Wharf 6/23/2015 $0 0.0 Wharf Cottage 1,316 0.02 4 2-
J 4 Old North Wharf 12/24/2002 $0 0.0 Warehouse 1,078 0.02 1-
K 10 Straight Wharf 4/29/2016 $1,850,000 0.0 Store 2,064 0.05 0 1-
L 12 Old North Wharf 2/21/1997 $0 0.0 Wharf Cottage 486 0.05 1 1-
M 2 Straight Wharf 12/17/2021 $0 0.0 Aptovrret/Off 7,800 0.14 3 3-
N 12 Straight Wharf 8/27/1984 $0 0.0 Store 3,528 0.07 0 2-
O 7 Easy Street 10/10/2012 $0 0.0 Aptovrret/Off 1,539 0.09 2 2-
P 21 Old North Wharf 1/16/2018 $3,250,000 0.0 Wharf Cottage 1,202 0.03 2 2-
Q 14 Still Dock 9/4/2020 $1,225,000 0.0 Condominium 745 0 2 1-
R 14 Old North Wharf 6/12/1998 $0 0.0 Wharf Cottage 343 0.04 1 1-
S 16 Straight Wharf 6/22/2005 $55,000,000 0.0 Store 2,428 0.07 0 2-
T 6 Easy Street 3/10/2014 $22,700 0.0 Vacant Land 0.01 -
U 4 Easy Street 5/8/2024 $2,600,000 0.0 Store 1,764 0.06 0 2-
V 16 Old North Wharf 7/14/2000 $1,600,000 0.0 Wharf Cottage 393 0.02 1 1-
W 20 Straight Wharf 6/5/2012 $3,420,000 0.0 Restaurant 7,134 0.07 2 3-
X 1 Main Street 6/22/2005 $55,000,000 0.0 Restaurant 4,360 0.07 0 4-
Y 10 Easy Street 12/4/2023 $3,800,000 0.0 Colonial 2,384 0.11 2 3-
Z 18 Old North Wharf 11/16/2018 $5,800,000 0.0 Wharf Cottage 889 0.04 2 2-
- 5-A South Water Street 10/22/1997 $0 0.0 Retail Condo 687 0 0 0-
- 0 Straight Wharf 12/8/2020 $151,000 0.0 Vacant Land 0.09 -
- 20 Old North Wharf 3/26/1998 $200,000 0.0 Clubs/Lodges 400 0.02 1-
- 15 Main Street $0 0.0 Profess. Bldg 3,528 0.04 0 2-
- 15 Candle Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.22 -
- 2 New Whale Street 12/8/2020 $8,159,800 0.0 Vacant Land 0.51 -
- 22 Old North Wharf 1/30/2014 $0 0.0 Cooperative 690 0.02 1 1-1
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 23 Old North Wharf 4/10/2002 $0 0.1 Commercial 328 0.01 0 0-
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 24 Old North Wharf 9/20/2021 $6,666,667 0.1 Wharf Cottage 964 0.03 3 2-1
- 25 Old North Wharf 10/31/2017 $5,450,000 0.1 Wharf Cottage 1,200 0.04 2 1-1
- 1 New Whale Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.07 -
- 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-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Restaurant 2,059 1.45 0 2-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 11 New Whale Street 6/22/2005 $55,000,000 0.1 Store 5,805 0.07 0 2-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 0 Old South Wharf 6/22/2005 $55,000,000 0.1 Commercial 336 0.51 0 0-
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 0 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,200 0.24 0 2-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 1 Steamboat Wharf-Lot 101 $0 0.1 Outbuildings 0.44 -
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 10 New Whale Street $0 0.1 Light Indust 1,768 1.31 0 0-
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 12 New Whale Street $0 0.1 Commercial 288 0.12 1 1-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
Averages 5696 days $10,376,625 0.07 --- 2,796 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 82 7 Old North Wharf