15 South Beach Street, Nantucket, MA 02554

15 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
4242-57-1
Lot Size
0.13
Use Code
326 - Eating and Drinking Establishments
Zoning
CDT
Building Style
Restaurant
Number of Rooms
Stories
1.5
Number of Beds
0
Year Built
1960
Number of full baths
2
Condition
Number of half baths
Finished Area
1364
Number of Kitchen
Gross Living Area
3894
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,448,100.00
Total value
$1,824,800.00
Building value
$376,700.00
Estimated tax
$10,145.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
2008200920102011201220132014201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
15 South Beach Street$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 15 South Beach Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $40,322.58
Style Restaurant
Age 1960
Rooms
Bedrooms 0
Full baths 2
Half baths
Gross Living Area 3894
Heating Fuel Forced Air-Duc
Detached Garage
Lot Size 0.13
Roof Cover Asph/F Gls/Cmp
AEM Value - Building $376,700.00
AEM Value - Land $1,448,100.00
AEM Value - Other $0.00
AEM Value - Total $1,824,800.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 South Beach Street 6/22/2005 $55,000,000 0 Restaurant 1,364 0.13 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
Subject Property15 South Beach Street1 Mackay Way2 North Beach Street14 Swain Street73 Easton Street69 Easton Street64 Easton Street76 Easton Street75 Easton Street8 Swain Street78 Easton Street66 Easton Street6 Swain Street8 North Beach Street4 Swain Street3 Walsh Street6 North Beach Street60 Easton Street71 Easton Street1 Walsh Street72 Easton Street14 Harbor View Way12 Harbor View Way2 Harbor View Way45 Easton Street8 Harbor View Way4 Harbor View Way$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 South Beach Street 6/22/2005 $55,000,000 0 Restaurant 1,364 0.13 0 2- -
  Criteria
A 11 South Beach Street 6/22/2005 $55,000,000 0.0 Vacant Land 0.12 -
B 2 Harbor View Way 6/23/2017 $2,725,000 0.0 Colonial 3,288 0.17 5 5-1
C 3 Harbor View Way $0 0.0 Bungalow 1,945 1.12 3 2-
D 4 Harbor View Way 4/21/2021 $6,425,000 0.0 Custom Built 3,233 0.12 7 7-1
E 9 South Beach Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 2,028 0.11 0 2-
F 1 Mackay Way 1/18/2019 $1,575,000 0.0 Cape Cod 403 0.05 3 2-
G 72 Easton Street 2/6/2008 $0 0.0 Hotel 10,332 0.5 14 14-
H 66 Easton Street 11/5/2021 $2,587,500 0.0 Colonial 2,183 0.13 5 3-
I 5 South Beach Street 6/22/2005 $55,000,000 0.0 Store 912 0.15 0 2-
J 8 Harbor View Way 12/27/2019 $0 0.1 Conventional 2,057 0.16 5 3-
K 64 Easton Street 12/2/2010 $0 0.1 Cottage 980 0.22 3 3-
L 76 Easton Street 7/15/2014 $0 0.1 Colonial 2,208 0.13 2 2-
M 6 South Beach Street 4/28/2021 $3,000,000 0.1 Aptovrret/Off 3,942 0.12 1 3-
N 15 Harbor View Way $0 0.1 Fast Food 720 2.74 0 2-
O 78 Easton Street 12/5/2022 $0 0.1 Colonial 1,704 0.13 3 2-1
P 19 North Water Street 2/6/2008 $0 0.1 Hotel 24,875 3.39 20 25-
Q 12 Harbor View Way 11/17/1997 $0 0.1 Gar/Apt Res 380 0.1 1 1-
R 1 Sea Street $0 0.1 Other Municipa 1,088 0.11 0 4-
S 1 South Beach Street $0 0.1 Conventional 2,560 0.12 4 3-
T 80 Easton Street 12/15/2016 $1,825,000 0.1 Conventional 1,609 0.13 3 1-1
U 1 South Beach Street-Lot 11 $0 0.1 Conventional 1,638 0.92 3 3-
V 59 Easton Street 10/22/1996 $515,000 0.1 Dormitory 2,490 0.07 7 7-
W 1 North Beach Street 2/1/2008 $3,750,000 0.1 Aptovrret/Off 6,126 0.2 4 3-
X 60 Easton Street 12/2/2010 $0 0.1 Cottage 1,274 0.38 3 2-
Y 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
Z 82 Easton Street 12/28/2012 $2,075,000 0.1 Office Bldg 1,620 0.13 0 2-
- 14 Harbor View Way 8/3/2021 $0 0.1 Colonial 2,100 0.15 4 2-1
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 2 North Beach Street 5/31/2018 $1,729,062 0.1 Ranch 1,340 0.14 3 3-1
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 84 Easton Street 5/30/2000 $0 0.1 Conventional 1,472 0.15 4 2-
- 57 Easton Street 12/27/2017 $0 0.1 Colonial 3,500 0.28 5 4-1
- 3 North Beach Street 11/2/2021 $3,360,000 0.1 Colonial 2,466 0.16 5 3-1
- 1 Cornish Street $185,000 0.1 Bungalow 560 0.06 2 1-
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 55 Easton Street 12/22/2021 $3,210,000 0.1 Antique 1,760 0.17 4 2-
- 69 Easton Street 5/4/2012 $999,400 0.1 Ranch 1,376 0.23 4 3-
- 3 Cornish Street 9/24/2008 $2,295,000 0.1 Cape Cod 2,739 0.12 5 4-1
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 73 Easton Street 9/12/2012 $0 0.1 Cottage 800 0.12 2 1-
- 5 North Beach Street 5/16/2022 $2,425,000 0.1 Guest Quarters 850 0.07 2 2-
- 71 Easton Street 9/12/2012 $0 0.1 Ranch 1,924 0.23 4 4-
- 53 Easton Street 1/17/2017 $0 0.1 Antique 2,289 0.17 4 4-1
- 5 Cornish Street 5/13/2011 $1,316,000 0.1 Cape Cod 1,490 0.1 3 2-
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
- 7 North Beach Street 6/8/2010 $1,130,000 0.1 Colonial 2,102 0.1 4 3-1
- 6 North Beach Street 8/26/2021 $2,858,947 0.1 B+B/Inn 3,104 0.14 5 8-1
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 75 Easton Street 9/12/2012 $0 0.1 Bungalow 800 0.18 2 1-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 6 Walsh Street 12/31/2007 $4,200,000 0.1 Colonial 1,853 0.24 4 1-3
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 9 North Beach Street 11/29/2011 $672,500 0.1 Colonial 1,988 0.07 3 2-1
- 1 Walsh Street 4/18/2024 $4,950,000 0.1 Cape Cod 2,237 0.15 4 3-1
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
- 8 North Beach Street 8/26/2021 $3,981,053 0.1 B+B/Inn 4,384 0.15 5 11-1
- 14 Swain Street 6/11/1998 $19,804,730 0.1 Dormitory 2,552 0.43 0 3-
- 6 Swain Street 12/3/2015 $1,950,000 0.1 Colonial 1,568 0.26 4 2-
- 4 Swain Street 3/11/2014 $1,720,000 0.1 Colonial 2,151 0.21 4 3-1
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 29 North Water Street 2/6/2008 $0 0.1 Hotel 4,488 0.37 6 -
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 8 Walsh Street 7/17/2023 $5,658,750 0.1 Colonial 2,766 0.23 5 5-1
- 8 Swain Street 8/16/2022 $3,195,000 0.1 Cape Cod 2,128 0.14 5 5-
- 45 Easton Street 8/30/2022 $0 0.1 Colonial 2,508 0.11 4 5-1
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 3 Walsh Street 12/31/2012 $0 0.1 Conventional 1,937 0.13 4 3-1
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
Averages 3874 days $3,692,012 0.09 --- 2,985 0.28 --- ---  
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 1 15 South Beach Street