111 Main Street, Nantucket, MA 02554

111 Main Street Nantucket MA 02554
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Owner Information
Owner 1
Merchant Realty Associates LLC
Owner 2
C/O Jane Schnitzer
Owner's Address
250 South 18th St #1602 Philadelphia, PA 19103
Market Sale Information
Most recent sale date
5/4/1998
Previous sale date
07/30/1993
Transfer document #
00574-0065
Previous transfer document
00421-0277
Grantor
Merchant Realty Partners Lp
Previous grantor
Dorothy C Merchant
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
4233-148
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1745
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3146
Number of Kitchen
1
Gross Living Area
5646
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
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$2,180,300.00
Total value
$4,373,700.00
Building value
$2,193,400.00
Estimated tax
$14,345.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
Subject Property7 Back Street-Lot 65366 Madaket Road32 Meadow View Drive24 Fair Street20 Meadow View Drive17 Lily Street87 Main Street2 Brocks Court111 Main Street17 Fair Street15 Fair Street10 Milk Street16 Willard Street35 India Street32 Union Street47 Hulbert Avenue$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000$18,000,000Total Assessment ($)Total Assessment
Address 111 Main Street A) 10 Milk StreetB) 87 Main StreetC) 2 Brocks CourtD) 35 India StreetE) 17 Fair StreetF) 15 Fair StreetG) 24 Fair StreetH) 17 Lily StreetI) 32 Union StreetJ) 7 Back Street-Lot 653K) 16 Willard StreetL) 20 Meadow View DriveM) 32 Meadow View DriveN) 47 Hulbert AvenueO) 66 Madaket Road
Photo
Plan
Map
Proximity 0.10.10.20.20.20.20.20.30.40.50.70.80.80.80.9
Last Sold 11/15/202412/12/20243/14/20259/30/202411/4/202410/16/202410/1/20241/15/202511/8/202410/18/202410/25/202411/6/202411/26/20241/29/202511/8/2024
Price $4,375,000$4,000,000$5,000,000$7,000,000$4,650,000$4,450,000$4,050,000$4,475,000$5,848,500$4,395,000$6,200,000$4,250,000$2,827,000$15,000,000$3,647,500
Net Living Area 3,3522,6282,6213,9213,3013,5822,8022,5323,3662,9542,8103,7533,1243,3172,823
Stories 2.52.51.75222222.75222221
Sale Price/sft $0.00$1305.19$1522.07$1907.67$1785.26$1408.66$1242.32$1445.40$1767.38$1737.52$1487.81$2206.41$1132.43$904.93$4522.16$1292.07
Style AntiqueAntiqueAntiqueAntiqueAntiqueAntiqueAntiqueAntiqueColonialAntiqueColonialColonialColonialColonialCustom BuiltColonial
Age 1745185018301800178618201830180019891786200420041994197919862002
Rooms
Bedrooms 4534655545446553
Full baths 2435533435335263
Half baths 1111111111111
Gross Living Area 5646666852965004548657007624518838344384451257158597655749204432
Heating Fuel Hot WaterHot WaterHot WaterHot WaterHot WaterHot WaterForced Air-DucHot WaterForced Air-DucRadiantForced Air-DucForced Air-DucForced Air-DucHot WaterElectr BasebrdForced Air-Duc
Detached Garage
Lot Size 0.120.10.060.420.190.110.090.080.120.120.120.120.460.460.180.47
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/Cmp
AEM Value - Building $2,193,400.00$2,556,000$2,161,500$2,409,400$2,569,200$2,262,100$2,650,200$1,655,000$1,899,400$2,882,200$1,643,300$2,530,100$2,126,500$1,616,200$4,242,600$1,413,900
AEM Value - Land $2,180,300.00$2,035,700$1,658,000$1,576,575$2,199,200$2,168,500$1,939,300$1,621,449$1,544,300$2,180,300$790,200$2,229,300$1,173,400$1,173,400$12,458,450$1,174,300
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $4,373,700.00$4,591,700$3,819,500$3,985,975$4,768,400$4,430,600$4,589,500$3,276,449$3,443,700$5,062,500$2,433,500$4,759,400$3,299,900$2,789,600$16,701,050$2,588,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 111 Main Street 5/4/1998 $0 0 Antique 3,146 0.12 4 2-1 -
  Criteria
A 10 Milk Street 11/15/2024 $4,375,000 0.1 Antique 3,352 0.1 5 4-1
B 87 Main Street 12/12/2024 $4,000,000 0.1 Antique 2,628 0.06 3 3-
C 2 Brocks Court 3/14/2025 $5,000,000 0.2 Antique 2,621 0.42 4 5-1
D 35 India Street 9/30/2024 $7,000,000 0.2 Antique 3,921 0.19 6 5-1
E 17 Fair Street 11/4/2024 $4,650,000 0.2 Antique 3,301 0.11 5 3-1
F 15 Fair Street 10/16/2024 $4,450,000 0.2 Antique 3,582 0.09 5 3-
G 24 Fair Street 10/1/2024 $4,050,000 0.2 Antique 2,802 0.08 5 4-1
H 17 Lily Street 1/15/2025 $4,475,000 0.3 Colonial 2,532 0.12 4 3-1
I 32 Union Street 11/8/2024 $5,848,500 0.4 Antique 3,366 0.12 5 5-1
J 7 Back Street-Lot 653 10/18/2024 $4,395,000 0.5 Colonial 2,954 0.12 4 3-1
K 16 Willard Street 10/25/2024 $6,200,000 0.7 Colonial 2,810 0.12 4 3-1
L 20 Meadow View Drive 11/6/2024 $4,250,000 0.8 Colonial 3,753 0.46 6 5-1
M 32 Meadow View Drive 11/26/2024 $2,827,000 0.8 Colonial 3,124 0.46 5 2-1
N 47 Hulbert Avenue 1/29/2025 $15,000,000 0.8 Custom Built 3,317 0.18 5 6-
O 66 Madaket Road 11/8/2024 $3,647,500 0.9 Colonial 2,823 0.47 3 3-1
Averages 130 days $5,344,533 0.42 --- 3,126 0.21 --- ---  

Estimation of Market Value - $5,174,927

As of today, 03/30/2025, the estimated market value of 111 Main Street, Nantucket considering the above 15 comparable properties is $5,174,927.

 

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
Subject Property5 Gardner Street2 Pleasant Street3 New Dollar Lane3 Summer Street1 Howard Street2 Green Lane10 Gardner Street8 Howard Street120 Main Street7 Summer Street6 Pleasant Street3 Howard Street14 Milk Street12 Gardner Street111 Main Street3 Traders Lane114 Main Street112 Main Street122 Main Street4 New Dollar Lane113 Main Street118 Main Street98 Main Street99 Main Street9 Pleasant Street11 Pleasant Street1 Pleasant Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 111 Main Street 5/4/1998 $0 0 Antique 3,146 0.12 4 2-1 -
  Criteria
A 109 Main Street 1/25/2019 $4,000,000 0.0 Antique 2,654 0.09 5 5-1
B 113 Main Street 9/2/2011 $2,500,000 0.0 Antique 4,968 0.15 6 4-2
C 2 Gardner Street 6/29/2017 $1,920,000 0.0 Colonial 1,602 0.07 2 2-
D 1 Howard Street 9/28/2020 $2,400,000 0.0 Colonial 2,094 0.07 5 4-
E 3 Howard Street 11/1/2023 $5,000,000 0.0 Antique 3,028 0.16 4 3-1
F 4 Gardner Street 10/5/2021 $0 0.0 Antique 2,300 0.2 4 3-
G 115 Main Street $0 0.0 Home For Aged 6,714 0.2 14 10-
H 9 Howard Street 2/8/2011 $4,049,000 0.0 Antique 3,210 0.13 5 5-1
I 108 Main Street 3/19/2024 $4,500,000 0.0 Antique 2,005 0.17 6 4-1
J 110 Main Street 10/15/2015 $0 0.0 Antique 4,690 0.16 5 7-1
K 105 Main Street 11/4/2021 $4,500,000 0.0 Antique 2,795 0.14 3 3-1
L 2 Howard Street $0 0.0 Vacant Land 0.04 -
M 7 Howard Street 10/19/2012 $0 0.0 Antique 1,616 0.09 4 2-
N 112 Main Street 12/21/2020 $3,600,000 0.0 Antique 3,344 0.14 5 4-1
O 4 Howard Street $0 0.0 Vacant Land 0.04 -
P 8 Gardner Street $0 0.0 Outbuildings 0.03 -
Q 1 Milk Street 11/23/2004 $2,200,000 0.0 Antique 3,165 0.1 4 3-1
R 5 Gardner Street 12/1/2009 $843,375 0.0 Bungalow 686 0.05 2 1-
S 114 Main Street 2/3/2014 $1,850,000 0.0 Antique 3,180 0.14 4 2-
T 103 Main Street 7/31/2015 $5,500,000 0.0 Colonial 5,017 0.16 7 6-2
U 106 Main Street 8/9/2001 $390,000 0.0 Vacant Land 0.04 -
V 117 Main Street 4/1/2020 $0 0.0 Antique 3,730 0.26 5 4-1
W 3 Milk Street 5/3/2023 $5,300,000 0.0 Antique 2,327 0.13 4 3-1
X 7 Gardner Street 4/18/2018 $0 0.0 Antique 2,256 0.08 5 1-1
Y 118 Main Street 1/11/2007 $5,300,000 0.0 Conventional 4,330 0.4 4 3-1
Z 8 Howard Street $0 0.0 Antique 1,473 0.13 1 1-1
- 99 Main Street $0 0.1 Antique 4,046 0.17 4 3-1
- 10 Gardner Street 12/2/1991 $356,500 0.1 Antique 2,176 0.11 4 3-1
- 12 Gardner Street 2/28/2013 $1,985,000 0.1 Conventional 3,173 0.19 4 3-1
- 9 Gardner Street 9/21/2009 $0 0.1 Outbuildings 0.05 -
- 119 Main Street 6/25/2013 $0 0.1 Antique 2,504 0.15 4 2-1
- 1 Vestal Street $0 0.1 Antique 5,286 0.15 3 1-1
- 120 Main Street 10/20/2022 $0 0.1 Antique 2,123 0.09 4 2-
- 5 Milk Street 4/25/2022 $5,000,000 0.1 Antique 5,039 0.18 6 4-3
- 4 Milk Street 3/23/2016 $0 0.1 Colonial 2,703 0.13 4 2-1
- 1 Howard Court 12/1/2007 $0 0.1 Antique 1,984 0.07 4 2-1
- 102 Main Street 8/31/2005 $6,100,000 0.1 Antique 3,106 0.17 5 5-
- 5 Vestal Street 12/5/2002 $737,000 0.1 Antique 1,779 0.09 2 2-1
- 11 Gardner Street 7/26/2021 $0 0.1 Antique 3,449 0.17 4 5-
- 121 Main Street 8/21/2020 $4,795,000 0.1 Antique 3,600 0.2 5 4-2
- 2 Howard Court 5/23/2019 $1,425,000 0.1 Antique 1,300 0.11 2 2-1
- 97 Main Street 11/15/2006 $0 0.1 Mansion 5,516 0.39 7 4-1
- 122 Main Street 11/4/2016 $0 0.1 Antique 4,769 0.11 5 5-2
- 2 Milk Street 3/4/2003 $433,152 0.1 Colonial 1,408 0.34 3 2-
- 100 Main Street 5/15/2017 $6,500,000 0.1 Antique 8,476 0.48 5 7-2
- 8 Milk Street 6/21/2005 $2,450,000 0.1 Antique 2,423 0.15 4 4-1
- 14 Gardner Street 3/24/2022 $0 0.1 Antique 4,005 0.19 4 5-1
- 98 Main Street 3/26/1993 $500,000 0.1 Antique 4,376 0.19 5 4-1
- 7 Milk Street $0 0.1 Antique 4,718 0.21 3 3-
- 123 Main Street 11/22/2021 $0 0.1 Antique 2,657 0.2 4 3-
- 13 Gardner Street 10/1/2002 $0 0.1 Antique 2,866 0.18 5 3-
- 124 Main Street 2/7/2005 $0 0.1 Antique 3,921 0.09 4 4-
- 104 Main Street 10/14/2016 $5,600,000 0.1 Custom Built 3,088 0.53 3 3-1
- 2 Vestal Street $0 0.1 Vacant Land 0.12 -
- 1 Bloom Street 12/4/2020 $2,180,000 0.1 Antique 2,134 0.13 3 2-2
- 1 Pleasant Street 8/10/2020 $6,500,000 0.1 Antique 3,476 0.12 7 7-1
- 95 Main Street 12/13/2011 $0 0.1 Mansion 6,005 0.32 5 6-
- 16 Gardner Street 3/31/1999 $0 0.1 Antique 3,238 0.22 5 3-1
- 8 Howard Court 3/3/2014 $1,100,000 0.1 Antique 1,075 0.07 3 1-1
- 4 Vestal Street $0 0.1 Dormitory 2,882 0.12 4 2-1
- 125 Main Street 12/31/2020 $0 0.1 Conventional 1,568 0.14 3 2-
- 2 Green Lane 6/10/2013 $0 0.1 Ranch 1,102 0.2 1 1-
- 15 Gardner Street 5/2/2011 $0 0.1 Antique 4,981 0.12 5 6-2
- 2 New Dollar Lane 6/29/2007 $1,650,000 0.1 Vacant Land 0.12 -
- 10 Milk Street 11/15/2024 $4,375,000 0.1 Antique 3,352 0.1 5 4-1
- 3 Pleasant Street 11/18/2019 $2,600,000 0.1 Antique 2,707 0.14 5 3-2
- 126 Main Street 12/22/2021 $4,275,000 0.1 Antique 2,786 0.1 4 4-
- 7 Vestal Street $0 0.1 Antique 1,996 0.12 3 2-
- 2 Quarter Mile Hill 10/1/2008 $2,000,000 0.1 Colonial 3,068 0.12 4 2-1
- 6 Vestal Street 9/15/2000 $925,000 0.1 Antique 1,890 0.07 4 3-
- 93 Main Street 9/15/2020 $9,500,000 0.1 Mansion 5,752 0.22 7 7-1
- 96 Main Street $0 0.1 Mansion 4,368 0.23 4 3-
- 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
- 20 Gardner Street 11/15/2012 $0 0.1 Cape Cod 1,880 0.21 3 1-1
- 6 Green Lane 5/16/2013 $1,470,000 0.1 Antique 1,515 0.08 3 2-1
- 1 Quarter Mile Hill 4/8/1997 $0 0.1 Colonial 4,756 1.94 4 4-2
- 18 Gardner Street 5/1/2003 $2,065,000 0.1 Antique 6,140 0.21 10 9-1
- 9 Vestal Street 5/12/2003 $1,800,000 0.1 Antique 3,092 0.16 4 3-
- 5 Pleasant Street 1/21/2016 $0 0.1 Antique 4,636 0.1 5 4-1
- 24 Liberty Street 9/29/2015 $0 0.1 Colonial 1,680 0.08 3 2-
- 22 Gardner Street 11/15/2012 $0 0.1 Cottage 880 0.11 2 1-
- 94 Main Street 10/27/2014 $4,700,000 0.1 Antique 6,106 0.1 4 5-
- 17 Gardner Street 10/29/2021 $4,995,000 0.1 Custom Built 4,800 0.13 6 5-1
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 97-R Main Street 11/15/2006 $0 0.1 Vacant Land 0.17 -
- 127 Main Street 10/20/2020 $0 0.1 Antique 2,485 0.3 5 2-2
- 2 Pleasant Street $0 0.1 Vacant Land 0.06 -
- 7 Pleasant Street 2/25/2025 $12,300,000 0.1 Antique 5,722 0.3 5 7-
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 91 Main Street 9/29/2015 $0 0.1 Antique 3,707 0.26 5 4-1
- 8 Vestal Street 10/14/2011 $0 0.1 Colonial 4,181 0.12 6 5-1
- 128 Main Street 12/14/2021 $0 0.1 Antique 3,093 0.2 5 3-
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
- 28 Liberty Street 1/27/2020 $0 0.1 Antique 2,266 0.08 4 4-1
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 11 Vestal Street 8/15/2024 $6,200,000 0.1 Antique 2,450 0.18 3 3-
- 26 Liberty Street 12/26/2012 $0 0.1 Antique 3,493 0.17 7 6-1
- 4 New Dollar Lane 7/1/1998 $0 0.1 Antique 4,368 0.39 5 5-1
- 22-A Liberty Street 8/21/1998 $19,000 0.1 Colonial 1,050 0.05 4 2-
- 7 Summer Street 12/13/2019 $0 0.1 Antique 2,735 0.14 5 2-
- 92 Main Street 12/26/2012 $0 0.1 Antique 5,299 0.2 6 5-2
- 15 Milk Street 12/17/2015 $1,740,000 0.1 Antique 2,219 0.15 5 4-
- 129 Main Street 8/17/1995 $0 0.1 Antique 3,488 0.24 5 7-
- 10 Vestal Street 9/21/2020 $2,575,000 0.1 Custom Built 2,643 0.11 4 4-1
- 34 Liberty Street 6/15/2021 $3,300,000 0.1 Antique 3,338 0.31 4 2-1
- 36 Liberty Street 8/12/2002 $0 0.1 Antique 2,904 1.66 4 2-1
- 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
- 89 Main Street 12/13/2005 $5,250,000 0.1 Antique 4,179 0.26 5 3-1
- 9 Pleasant Street 1/7/2014 $5,100,000 0.1 Antique 5,301 0.28 6 5-1
- 130 Main Street 9/1/2021 $4,250,000 0.1 Condominium 1,776 0 4 3-1
- 22 Liberty Street 12/2/1997 $0 0.1 Antique 3,876 0.17 5 4-
- 3 Summer Street 7/6/2009 $1,250,000 0.1 Antique 1,806 0.08 3 2-1
- 90 Main Street 7/30/2010 $5,650,000 0.1 Antique 5,292 0.27 9 8-1
- 37 Liberty Street 6/8/2010 $0 0.1 Antique 3,301 0.11 4 5-
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 13-A Vestal Street $0 0.1 Antique 4,462 0.36 4 4-
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 21 Milk Street 9/28/2020 $2,920,000 0.1 Antique 3,154 0.34 4 3-1
- 4 New Mill Street 8/5/2014 $0 0.1 Antique 2,955 0.16 5 4-1
- 6 Pleasant Street 11/21/2022 $1,550,000 0.1 Antique 3,033 0.1 5 3-
- 14 Vestal Street 6/26/2015 $3,100,000 0.1 Colonial 2,816 0.12 6 5-1
- 8 Copper Lane 5/23/2014 $2,250,000 0.1 Custom Built 2,693 0.08 4 4-1
- 1 Starbuck Court 4/4/1997 $0 0.1 Conventional 2,821 0.21 4 4-
- 4 Winter Street $0 0.1 School 4,899 0.33 0 2-
- 3 Traders Lane 6/15/2021 $4,325,000 0.1 Antique 2,799 0.07 5 5-1
- 87 Main Street 12/12/2024 $4,000,000 0.1 Antique 2,628 0.06 3 3-
- 132 Main Street 9/22/2016 $0 0.1 Bungalow 3,010 0.15 7 4-
- 131 Main Street 9/30/2016 $6,875,000 0.1 Custom Built 3,407 0.25 8 8-3
- 33 Liberty Street 12/30/1997 $401,500 0.1 Antique 1,787 0.18 4 3-
- 20 Liberty Street 6/1/2023 $5,156,287 0.1 Conventional 2,779 0.17 5 4-1
- 31 Liberty Street 12/26/2001 $0 0.1 Antique 2,225 0.13 5 2-1
- 11 Pleasant Street 1/22/2020 $2,100,000 0.1 Antique 3,732 0.16 4 5-1
- 85 Main Street 1/9/2006 $0 0.1 Antique 3,800 0.17 5 3-1
- 1 Summer Street 3/4/2019 $100,000 0.1 Churches 4,000 0.15 0 2-
- 6 Copper Lane 5/30/2008 $0 0.1 Cape Cod 1,601 0.11 3 2-1
- 88 Main Street 8/27/2015 $0 0.1 Antique 4,623 0.1 7 6-1
- 18 Milk Street 5/15/2017 $4,253,600 0.1 Antique 3,749 0.32 5 3-1
- 13-B Vestal Street 8/22/1988 $440,000 0.1 Conventional 1,858 0.13 3 2-1
Averages 4407 days $1,699,597 0.08 --- 2,999 0.19 --- ---  
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
4233 148 111 Main Street