5 North Water Street, Nantucket, MA 02554

5 North Water Street Nantucket MA 02554
Owner Information
Owner 1
Nantucket Theatre Project LLC
Owner 2
Owner's Address
5 N Water St Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/18/2015
Previous sale date
12/13/2012
Transfer document #
01475-0171
Previous transfer document
01359-0096
Grantor
Lynne M Bolton
Previous grantor
H Flint Ranney
Most recent sale price
$0.00
Previous sale price
$2,500,000.00
Site Information
Property ID
4242-88
Lot Size
0.17
Use Code
362 - Motion Picture Theaters
Zoning
CDT
Building Style
Theaters Encl.
Number of Rooms
Stories
2.25
Number of Beds
0
Year Built
1850
Number of full baths
5
Condition
Number of half baths
Finished Area
6196
Number of Kitchen
Gross Living Area
12497
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
2024
Land Value
$2,601,700.00
Total value
$8,201,500.00
Building value
$5,599,800.00
Estimated tax
$43,467.00
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 5 North Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Theaters Encl. Age 1850 Rooms Bedrooms 0 Full baths 5 Half baths Gross Living Area 12497 Heating Fuel Hot Water Detached Garage Lot Size 0.17 Roof Cover Asph/F Gls/Cmp AEM Value - Building $5,599,800.00 AEM Value - Land $2,601,700.00 AEM Value - Other $0.00 AEM Value - Total $8,201,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 North Water Street 3/18/2015 $0 0 Theaters Encl. 6,196 0.17 0 5- -
  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
  • 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 North Water Street 3/18/2015 $0 0 Theaters Encl. 6,196 0.17 0 5- -
  Criteria
A 7 North Water Street 3/25/2016 $1,425,000 0.0 Antique 2,398 0.11 6 3-
B 3 Whalers Lane $0 0.0 Antique 2,649 0.13 10 4-
C 10 North Water Street 2/21/2017 $0 0.0 Antique 2,154 0.07 6 2-1
D 9 North Water Street 4/21/2017 $2,500,000 0.0 B+B/Inn 3,528 0.09 5 8-
E 4 North Water Street 6/22/2023 $5,650,000 0.0 Aptovrret/Off 2,410 0.18 1 2-
F 2 Ash Street 2/12/2018 $1,350,000 0.0 Antique 1,492 0.05 3 2-1
G 11 North Water Street 12/13/2023 $7,515,000 0.0 B+B/Inn 6,909 0.17 17 16-
H 2 South Beach Street 6/28/2019 $4,150,000 0.0 Store 5,771 0.13 2 3-
I 1 Ash Street 1/19/2022 $0 0.0 Antique 2,646 0.06 6 4-
J 4 South Beach Street $0 0.0 Vacant Land 0.62 -
K 15 Broad Street $0 0.0 Museum 29,905 0.61 0 2-
L 17 Broad Street 6/27/2014 $2,925,000 0.0 Hotel 7,845 0.12 16 20-
M 3 Sea Street 6/27/2014 $720,000 0.0 Gar/Apt Res 390 0.15 2 1-
N 4 Ash Street 3/14/2018 $0 0.0 Antique 2,964 0.07 4 4-
O 12 North Water Street 11/7/2014 $1,572,000 0.0 Antique 1,594 0.09 4 2-
P 19 Broad Street 5/16/2022 $5,395,540 0.0 Antique 2,416 0.08 4 3-
Q 2 Ash Lane 12/29/2020 $1,975,000 0.0 Antique 2,112 0.05 4 3-
R 7 Sea Street 2/8/2013 $0 0.0 B+B/Inn 4,588 0.12 10 10-
S 13 North Water Street 8/8/2006 $0 0.0 Antique 2,475 0.11 4 4-
T 21 Broad Street 6/27/2013 $3,050,000 0.0 B+B/Inn 13,685 0.18 5 7-
U 5 Sea Street 7/1/2014 $0 0.0 Colonial 1,200 0.03 2 2-
V 1 Sea Street $0 0.0 Other Municipa 1,088 0.11 0 4-
W 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
X 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
Y 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
Z 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 6 South Beach Street 4/28/2021 $3,000,000 0.1 Aptovrret/Off 3,942 0.12 1 3-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 5 South Beach Street 6/22/2005 $55,000,000 0.1 Store 912 0.15 0 2-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 1 South Beach Street-Lot 11 $0 0.1 Conventional 1,638 0.92 3 3-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 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-
- 9 South Beach Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 2,028 0.11 0 2-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 19 North Water Street 2/6/2008 $0 0.1 Hotel 24,875 3.39 20 25-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
- 11 South Beach Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.12 -
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 51-B Center Street 10/15/2002 $985,000 0.1 Colonial 2,087 0.14 3 2-1
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 3 Harbor View Way $0 0.1 Bungalow 1,945 1.12 3 2-
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 53 Center Street 10/15/2021 $4,950,000 0.1 Antique 4,269 0.15 5 2-1
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 15 South Beach Street 6/22/2005 $55,000,000 0.1 Restaurant 1,364 0.13 0 2-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 24 North Water Street 10/19/2020 $0 0.1 Antique 3,006 0.18 5 5-
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 1 South Beach Street $0 0.1 Conventional 2,560 0.12 4 3-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 55 Center Street 10/29/2003 $2,300,000 0.1 Antique 1,931 0.16 4 3-1
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
Averages 5038 days $4,454,618 0.08 --- 3,861 0.17 --- ---  
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 88 5 North Water Street