18 Milk Street, Nantucket, MA 02554

Owner Information
Owner 1
Peder Gulbrandsen
Owner 2
Owner's Address
18 Milk St Nantucket, MA 02554
Market Sale Information
Most recent sale date
5/15/2017
Previous sale date
11/19/2010
Transfer document #
01591-0233
Previous transfer document
01255-0179
Grantor
Adlumia S Gannett
Previous grantor
Adlumia S Gannett
Most recent sale price
$4,253,600.00
Previous sale price
$0.00
Site Information
Property ID
4233-34
Lot Size
0.32
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1804
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3749
Number of Kitchen
1
Gross Living Area
7194
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
$1,572,300.00
Total value
$5,248,400.00
Building value
$3,676,100.00
Estimated tax
$16,427.00
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 18 Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,134.60 Style Antique Age 1804 Rooms Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area 7194 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.32 Roof Cover Wood Shingle AEM Value - Building $3,676,100.00 AEM Value - Land $1,572,300.00 AEM Value - Other $0.00 AEM Value - Total $5,248,400.00
A) 12 Washaman Avenue 0.6 6/14/2024 $3,495,000 3,090 1 $1131.07 Cape Cod 1991 6 4 1 6562 Hot Water 0.34 Asph/F Gls/Cmp $1,332,500 $702,000 $0 $2,034,500
B) 8 Jefferson Avenue 0.9 9/11/2024 $8,850,000 4,286 2 $2064.86 Colonial 2002 4 4 1 5522 Forced Air-Duc 0.37 Wood Shingle $4,318,900 $3,398,300 $0 $7,717,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 18 Milk Street 5/15/2017 $4,253,600 0 Antique 3,749 0.32 5 3-1 -
  Criteria
A 12 Washaman Avenue 6/14/2024 $3,495,000 0.6 Cape Cod 3,090 0.34 6 4-1
B 8 Jefferson Avenue 9/11/2024 $8,850,000 0.9 Colonial 4,286 0.37 4 4-1
Averages 54 days $6,172,500 0.75 --- 3,688 0.36 --- ---  

Estimation of Market Value - $6,459,359

As of today, 09/20/2024, the estimated market value of 18 Milk Street, Nantucket considering the above 2 comparable properties is $6,459,359.

 

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
@ 18 Milk Street 5/15/2017 $4,253,600 0 Antique 3,749 0.32 5 3-1 -
  Criteria
A 3 New Mill Street 6/28/2002 $2,300,000 0.0 Colonial 3,198 0.12 5 4-1
B 15 Milk Street 12/17/2015 $1,740,000 0.0 Antique 2,219 0.15 5 4-
C 6 New Mill Street 12/18/2012 $0 0.0 Colonial 2,880 0.13 5 4-1
D 4 New Mill Street 8/5/2014 $0 0.0 Antique 2,955 0.16 5 4-1
E 11 Milk Street 6/10/2013 $0 0.0 Antique 2,440 0.1 3 4-1
F 22 Milk Street 1/21/2016 $0 0.0 Antique 2,411 0.23 3 3-1
G 5 New Mill Street 8/16/2013 $1,500,000 0.0 Antique 3,331 0.18 4 3-
H 7 Green Lane 11/15/2019 $2,370,000 0.0 Colonial 2,832 0.1 4 4-2
I 10 New Mill Street 4/11/2017 $0 0.0 Antique 2,236 0.16 3 3-1
J 5 Green Lane 3/14/2018 $0 0.0 Colonial 1,494 0.07 3 2-1
K 2 New Mill Street 11/15/2005 $0 0.0 Colonial 2,193 0.23 4 3-
L 7 New Mill Street 9/28/2022 $3,550,000 0.0 Antique 2,283 0.11 4 3-1
M 21 Milk Street 9/28/2020 $2,920,000 0.0 Antique 3,154 0.34 4 3-1
N 12 New Mill Street 11/20/2020 $0 0.0 Conventional 816 0.09 2 1-1
O 14 Milk Street 3/11/2013 $0 0.0 Antique 2,532 0.19 4 2-1
P 2 Green Lane 6/10/2013 $0 0.0 Ranch 1,102 0.2 1 1-
Q 9 New Mill Street 2/10/2000 $665,000 0.0 Antique 2,812 0.12 5 4-1
R 10 Prospect Street 9/6/2016 $1,125,000 0.0 Bungalow 1,281 0.1 2 2-1
S 26 Milk Street 10/3/2019 $3,600,000 0.0 Antique 2,473 0.24 4 3-1
T 12 Prospect Street 3/25/2010 $740,000 0.0 Cape Cod 1,575 0.07 3 2-
U 15 Mill Street 10/14/2020 $3,125,000 0.0 Antique 3,179 0.28 5 5-1
V 14 New Mill Street 10/12/2021 $3,200,000 0.0 Antique 2,076 0.14 5 4-1
W 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
X 17 Mill Street 12/16/2002 $0 0.1 Antique 2,200 0.19 4 3-
Y 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
Z 2 Vestal Street $0 0.1 Vacant Land 0.12 -
- 19-A Mill Street 5/9/1994 $0 0.1 Antique 2,583 0.19 5 4-
- 6 Green Lane 5/16/2013 $1,470,000 0.1 Antique 1,515 0.08 3 2-1
- 8 Prospect Street 3/11/2014 $710,000 0.1 Ranch 756 0.16 2 2-
- 4 Vestal Street $0 0.1 Dormitory 2,882 0.12 4 2-1
- 7 Milk Street $0 0.1 Antique 4,718 0.21 3 3-
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
- 8 Copper Lane 5/23/2014 $2,250,000 0.1 Custom Built 2,693 0.08 4 4-1
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
- 21 Mill Street 2/6/2001 $0 0.1 Antique 1,476 0.12 3 3-
- 10 Milk Street 5/10/2019 $0 0.1 Antique 3,352 0.1 5 4-1
- 6 Vestal Street 9/15/2000 $925,000 0.1 Antique 1,890 0.07 4 3-
- 8 Vestal Street 10/14/2011 $0 0.1 Colonial 4,181 0.12 6 5-1
- 25 Milk Street 2/24/2015 $0 0.1 Antique 1,208 0.08 2 1-1
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
- 6 Prospect Street 11/7/2002 $802,000 0.1 Antique 2,592 0.18 4 4-
- 17 Prospect Street 10/19/2023 $2,845,000 0.1 Antique 2,062 0.17 4 3-1
- 19 Prospect Street 9/22/2003 $0 0.1 Vacant Land 0.11 -
- 10 Vestal Street 9/21/2020 $2,575,000 0.1 Custom Built 2,643 0.11 4 4-1
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 6 Copper Lane 5/30/2008 $0 0.1 Cape Cod 1,601 0.11 3 2-1
- 1 Vestal Street $0 0.1 Antique 5,286 0.15 3 1-1
- 11 Prospect Street 2/25/1991 $315,000 0.1 Antique 2,169 0.12 5 3-
- 5 Milk Street 4/25/2022 $5,000,000 0.1 Antique 5,039 0.18 6 4-3
- 5 Vestal Street 12/5/2002 $737,000 0.1 Antique 1,779 0.09 2 2-1
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 21 Prospect Street 3/23/2021 $0 0.1 Antique 1,271 0.12 3 2-
- 1 Joy Street 9/10/2014 $725,000 0.1 Conventional 864 0.07 3 1-
- 14 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 2 New Dollar Lane 6/29/2007 $1,650,000 0.1 Vacant Land 0.12 -
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 9 Prospect Street 3/2/2022 $0 0.1 Antique 1,288 0.09 4 3-
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 14 Vestal Street 6/26/2015 $3,100,000 0.1 Colonial 2,816 0.12 6 5-1
- 11 New Mill Street 12/17/2012 $0 0.1 Antique 3,112 0.1 3 2-
- 8 Milk Street 6/21/2005 $2,450,000 0.1 Antique 2,423 0.15 4 4-1
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 4 New Dollar Lane 7/1/1998 $0 0.1 Antique 4,368 0.39 5 5-1
- 7 Vestal Street $0 0.1 Antique 1,996 0.12 3 2-
- 16 New Mill Street 10/2/2007 $1,690,000 0.1 Colonial 1,587 0.12 3 2-1
- 3 Copper Lane 6/26/2003 $0 0.1 Gar/Apt Res 496 0.11 2 1-
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
- 16 Vestal Street 7/18/2007 $1,445,000 0.1 Antique 2,212 0.12 4 4-1
- 3 Milk Street 5/3/2023 $5,300,000 0.1 Antique 2,327 0.13 4 3-1
- 4 Joy Street 4/3/2012 $0 0.1 Conventional 1,036 0.18 2 2-
- 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
- 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
- 9 Vestal Street 5/12/2003 $1,800,000 0.1 Antique 3,092 0.16 4 3-
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
- 2 Copper Lane 1/20/2017 $1,575,000 0.1 Cape Cod 1,364 0.13 3 2-
- 112 Main Street 12/21/2020 $3,600,000 0.1 Antique 3,344 0.14 5 4-1
- 114 Main Street 2/3/2014 $1,850,000 0.1 Antique 3,180 0.14 4 2-
- 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
- 4 Milk Street 3/23/2016 $0 0.1 Colonial 2,703 0.13 4 2-1
- 9 Mill Street 1/15/1997 $0 0.1 Antique 2,676 0.12 4 4-
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 3 1-
- 118 Main Street 1/11/2007 $5,300,000 0.1 Conventional 4,330 0.4 4 3-1
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 3 Joy Street 11/18/2014 $2,000,000 0.1 Antique 2,424 0.25 3 2-1
- 110 Main Street 10/15/2015 $0 0.1 Antique 4,690 0.16 5 7-1
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 1 Milk Street 11/23/2004 $2,200,000 0.1 Antique 3,165 0.1 4 3-1
- 2 Milk Street 3/4/2003 $433,152 0.1 Colonial 1,408 0.34 3 2-
- 11 Vestal Street 8/15/2024 $6,200,000 0.1 Antique 2,450 0.18 3 3-
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 1 Bloom Street 12/4/2020 $2,180,000 0.1 Antique 2,134 0.13 3 2-2
- 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
- 108 Main Street 3/19/2024 $4,500,000 0.1 Antique 2,005 0.17 6 4-1
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
- 1 Copper Lane 10/24/2012 $2,200,000 0.1 Antique 2,589 0.14 3 3-1
- 18 Vestal Street 2/9/2021 $0 0.1 Colonial 4,441 0.25 4 3-1
- 120 Main Street 10/20/2022 $0 0.1 Antique 2,123 0.09 4 2-
- 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 6 Joy Street $0 0.1 Conventional 1,802 0.29 5 1-1
- 122 Main Street 11/4/2016 $0 0.1 Antique 4,769 0.11 5 5-2
- 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
- 13-A Vestal Street $0 0.1 Antique 4,462 0.36 4 4-
- 106 Main Street 8/9/2001 $390,000 0.1 Vacant Land 0.04 -
- 104 Main Street 10/14/2016 $5,600,000 0.1 Custom Built 3,088 0.53 3 3-1
- 12 Mount Vernon Street 4/27/2007 $0 0.1 Antique 1,842 0.11 5 3-
- 5 Mill Street 10/20/2015 $2,215,000 0.1 Antique 4,215 0.17 6 6-1
- 13-B Vestal Street 8/22/1988 $440,000 0.1 Conventional 1,858 0.13 3 2-1
- 124 Main Street 2/7/2005 $0 0.1 Antique 3,921 0.09 4 4-
- 8 Mill Street $737,400 0.1 Antique 3,104 0.11 4 3-
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 16 Mount Vernon Street 1/19/2007 $0 0.1 Antique 876 0.3 2 1-2
- 2 North Mill Street 9/8/2004 $0 0.1 Antique 1,672 0.12 4 3-
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 14 Mount Vernon Street 9/27/1996 $459,000 0.1 Antique 1,994 0.17 4 3-
- 0 Copper Lane 7/27/2007 $1,650,000 0.1 Ranch 2,943 0.16 4 4-
- 22 Vestal Street 12/2/2022 $1,500,000 0.1 Cottage 629 0.14 1 1-
- 7 North Mill Street 4/6/2022 $2,380,000 0.1 Vacant Land 0.52 -
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
- 4 Starbuck Court 12/12/2022 $2,950,000 0.1 Antique 1,709 0.13 2 1-1
- 102 Main Street 8/31/2005 $6,100,000 0.1 Antique 3,106 0.17 5 5-
- 126 Main Street 12/22/2021 $4,275,000 0.1 Antique 2,786 0.1 4 4-
- 113 Main Street 9/2/2011 $2,500,000 0.1 Antique 4,968 0.15 6 4-2
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 7 Joy Street 10/25/2018 $2,225,000 0.1 Custom Built 1,897 0.11 3 2-
- 1 Starbuck Court 4/4/1997 $0 0.1 Conventional 2,821 0.21 4 4-
- 109 Main Street 1/25/2019 $4,000,000 0.1 Antique 2,654 0.09 5 5-1
- 128 Main Street 12/14/2021 $0 0.1 Antique 3,093 0.2 5 3-
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 111 Main Street 5/4/1998 $0 0.1 Antique 3,146 0.12 4 2-1
Averages 4465 days $1,222,497 0.08 --- 2,236 0.15 --- ---  
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 34 18 Milk Street