2 South Beach Street, Nantucket, MA 02554

2 South Beach Street Nantucket MA 02554
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Owner Information
Owner 1
2 South Beach LLC
Owner 2
Owner's Address
2 South Beach St Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/28/2019
Previous sale date
03/18/2014
Transfer document #
01699-0291
Previous transfer document
01428-0001
Grantor
Tambourine Properties LLC
Previous grantor
Edward Foley Vaughan
Most recent sale price
$4,150,000.00
Previous sale price
$3,800,000.00
Site Information
Property ID
4242-60
Lot Size
0.13
Use Code
322 - Discount and Department Stores
Zoning
CDT
Building Style
Store
Number of Rooms
Stories
2.5
Number of Beds
2
Year Built
1837
Number of full baths
3
Condition
Number of half baths
Finished Area
5771
Number of Kitchen
Gross Living Area
6847
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
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,437,600.00
Total value
$5,516,700.00
Building value
$2,079,100.00
Estimated tax
$29,238.00
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 2 South Beach Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $719.11 Style Store Age 1837 Rooms Bedrooms 2 Full baths 3 Half baths Gross Living Area 6847 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.13 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,079,100.00 AEM Value - Land $3,437,600.00 AEM Value - Other $0.00 AEM Value - Total $5,516,700.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 South Beach Street 6/28/2019 $4,150,000 0 Store 5,771 0.13 2 3- -
  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
@ 2 South Beach Street 6/28/2019 $4,150,000 0 Store 5,771 0.13 2 3- -
  Criteria
A 15 Broad Street $0 0.0 Museum 29,905 0.61 0 2-
B 3 Whalers Lane $0 0.0 Antique 2,649 0.13 10 4-
C 5 North Water Street 3/18/2015 $0 0.0 Theaters Encl. 6,196 0.17 0 5-
D 4 South Beach Street $0 0.0 Vacant Land 0.62 -
E 7 North Water Street 3/25/2016 $1,425,000 0.0 Antique 2,398 0.11 6 3-
F 10 Broad Street 2/11/2022 $0 0.0 Store 3,087 0.05 0 1-
G 23 South Water Street $0 0.0 Store 8,083 0.15 0 3-
H 17 Broad Street 6/27/2014 $2,925,000 0.0 Hotel 7,845 0.12 16 20-
I 1 South Beach Street-Lot 12 $0 0.0 Clubs/Lodges 18,458 1.5 0 8-
J 8 Broad Street 12/30/1993 $0 0.0 Aptovrret/Off 1,596 0.02 1 1-1
K 4 North Water Street 6/22/2023 $5,650,000 0.0 Aptovrret/Off 2,410 0.18 1 2-
L 9 North Water Street 4/21/2017 $2,500,000 0.0 B+B/Inn 3,528 0.09 5 8-
M 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
N 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
O 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
P 1 Sea Street $0 0.1 Other Municipa 1,088 0.11 0 4-
Q 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
R 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
S 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
T 6 South Beach Street 4/28/2021 $3,000,000 0.1 Aptovrret/Off 3,942 0.12 1 3-
U 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
V 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
W 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
X 1 South Beach Street-Lot 11 $0 0.1 Conventional 1,638 0.92 3 3-
Y 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
Z 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 5 South Beach Street 6/22/2005 $55,000,000 0.1 Store 912 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
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 9 South Beach Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 2,028 0.11 0 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 11 South Beach Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.12 -
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 1 South Beach Street $0 0.1 Conventional 2,560 0.12 4 3-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 3 Harbor View Way $0 0.1 Bungalow 1,945 1.12 3 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 19 North Water Street 2/6/2008 $0 0.1 Hotel 24,875 3.39 20 25-
- 15 South Beach Street 6/22/2005 $55,000,000 0.1 Restaurant 1,364 0.13 0 2-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 1 Steamboat Wharf-Lot 101 $0 0.1 Outbuildings 0.44 -
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 5-A Step Lane Unit 5A 6/16/2016 $0 0.1 Condominium 1,620 0 2 2-
- 5-B Step Lane Unit 5B 9/21/2016 $0 0.1 Condominium 1,458 0 3 3-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
Averages 4911 days $4,857,529 0.08 --- 3,950 0.18 --- ---  
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 60 2 South Beach Street