5 South Beach Street, Nantucket, MA 02554

5 South Beach Street Nantucket MA 02554
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Owner Information
Owner 1
Nir Retail LLC
Owner 2
New England Develop-Accting Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
6/22/2005
Previous sale date
02/25/1987
Transfer document #
C0021819-
Previous transfer document
C0012-0975
Grantor
Walter R Hess
Previous grantor
Most recent sale price
$55,000,000.00
Previous sale price
$0.00
Site Information
Property ID
4242-57
Lot Size
0.15
Use Code
322 - Discount and Department Stores
Zoning
CDT
Building Style
Store
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1960
Number of full baths
2
Condition
Number of half baths
Finished Area
912
Number of Kitchen
Gross Living Area
1105
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,423,039.00
Total value
$2,484,539.00
Building value
$1,061,500.00
Estimated tax
$13,814.00
Yard improvement value
$0.00
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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 5 South Beach Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $60,307.02 Style Store Age 1960 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 1105 Heating Fuel Hot Water Detached Garage Lot Size 0.15 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,061,500.00 AEM Value - Land $1,423,039.00 AEM Value - Other $0.00 AEM Value - Total $2,484,539.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 South Beach Street 6/22/2005 $55,000,000 0 Store 912 0.15 0 2- -
  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
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
@ 5 South Beach Street 6/22/2005 $55,000,000 0 Store 912 0.15 0 2- -
  Criteria
A 9 South Beach Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 2,028 0.11 0 2-
B 6 South Beach Street 4/28/2021 $3,000,000 0.0 Aptovrret/Off 3,942 0.12 1 3-
C 1 South Beach Street-Lot 11 $0 0.0 Conventional 1,638 0.92 3 3-
D 11 South Beach Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.12 -
E 1 Sea Street $0 0.0 Other Municipa 1,088 0.11 0 4-
F 3 Harbor View Way $0 0.0 Bungalow 1,945 1.12 3 2-
G 4 South Beach Street $0 0.0 Vacant Land 0.62 -
H 15 South Beach Street 6/22/2005 $55,000,000 0.0 Restaurant 1,364 0.13 0 2-
I 1 South Beach Street $0 0.0 Conventional 2,560 0.12 4 3-
J 5 Sea Street 7/1/2014 $0 0.0 Colonial 1,200 0.03 2 2-
K 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
L 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
M 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
N 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
O 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
P 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
Q 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
R 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
S 2 Harbor View Way 6/23/2017 $2,725,000 0.1 Colonial 3,288 0.17 5 5-1
T 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
U 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
V 15 Harbor View Way $0 0.1 Fast Food 720 2.74 0 2-
W 19 North Water Street 2/6/2008 $0 0.1 Hotel 24,875 3.39 20 25-
X 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
Y 4 Harbor View Way 4/21/2021 $6,425,000 0.1 Custom Built 3,233 0.12 7 7-1
Z 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 1 Mackay Way 1/18/2019 $1,575,000 0.1 Cape Cod 403 0.05 3 2-
- 72 Easton Street 2/6/2008 $0 0.1 Hotel 10,332 0.5 14 14-
- 8 Harbor View Way 12/27/2019 $0 0.1 Conventional 2,057 0.16 5 3-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 76 Easton Street 7/15/2014 $0 0.1 Colonial 2,208 0.13 2 2-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 78 Easton Street 12/5/2022 $0 0.1 Colonial 1,704 0.13 3 2-1
- 66 Easton Street 11/5/2021 $2,587,500 0.1 Colonial 2,183 0.13 5 3-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 80 Easton Street 12/15/2016 $1,825,000 0.1 Conventional 1,609 0.13 3 1-1
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 12 Harbor View Way 11/17/1997 $0 0.1 Gar/Apt Res 380 0.1 1 1-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 64 Easton Street 12/2/2010 $0 0.1 Cottage 980 0.22 3 3-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 82 Easton Street 12/28/2012 $2,075,000 0.1 Office Bldg 1,620 0.13 0 2-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 14 Harbor View Way 8/3/2021 $0 0.1 Colonial 2,100 0.15 4 2-1
- 84 Easton Street 5/30/2000 $0 0.1 Conventional 1,472 0.15 4 2-
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 1 Steamboat Wharf-Lot 101 $0 0.1 Outbuildings 0.44 -
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 60 Easton Street 12/2/2010 $0 0.1 Cottage 1,274 0.38 3 2-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 59 Easton Street 10/22/1996 $515,000 0.1 Dormitory 2,490 0.07 7 7-
- 1 North Beach Street 2/1/2008 $3,750,000 0.1 Aptovrret/Off 6,126 0.2 4 3-
- 2 North Beach Street 5/31/2018 $1,729,062 0.1 Ranch 1,340 0.14 3 3-1
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
Averages 4549 days $3,347,397 0.09 --- 3,807 0.26 --- ---  
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
4242 57 5 South Beach Street