111 Main Street, Nantucket, MA 02554

111 Main Street Nantucket MA 02554
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
2024
Land Value
$2,220,700.00
Total value
$4,355,300.00
Building value
$2,134,600.00
Estimated tax
$13,632.00
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 111 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Antique Age 1745 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 5646 Heating Fuel Hot Water Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,134,600.00 AEM Value - Land $2,220,700.00 AEM Value - Other $0.00 AEM Value - Total $4,355,300.00
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) 45 Fair Street 0.3 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
C) 20 West Chester Street 0.4 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
D) 10 Aurora Way 1.0 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
# 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 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
B 45 Fair Street 5/8/2024 $4,800,000 0.3 Custom Built 2,854 0.07 4 4-1
C 20 West Chester Street 6/17/2024 $6,995,000 0.4 Custom Built 3,287 0.28 4 4-2
D 10 Aurora Way 1/9/2024 $4,650,000 1.0 Colonial 2,468 0.18 4 3-1
Averages 70 days $5,011,250 0.48 --- 2,760 0.15 --- ---  

Estimation of Market Value - $5,578,820

As of today, 06/27/2024, the estimated market value of 111 Main Street, Nantucket considering the above 4 comparable properties is $5,578,820.

 

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
@ 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 5/10/2019 $0 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 5/17/1985 $0 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 3/1/2019 $0 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 2/14/2020 $0 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 4296 days $1,504,851 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