28 North Water Street, Nantucket, MA 02554

28 North Water Street Nantucket MA 02554
Owner Information
Owner 1
Paul F Darrah & Amy J
Owner 2
Owner's Address
5 Canfield Crossing Norwalk, CT 06855
Market Sale Information
Most recent sale date
10/1/2021
Previous sale date
10/13/2006
Transfer document #
1852-316
Previous transfer document
01044-0214
Grantor
Jeffrey R Norkin
Previous grantor
Judith S Norkin
Most recent sale price
$2,515,000.00
Previous sale price
$0.00
Site Information
Property ID
4243-22
Lot Size
0.1
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1768
Number of full baths
3
Condition
Number of half baths
Finished Area
2462
Number of Kitchen
1
Gross Living Area
4204
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
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,438,600.00
Total value
$3,180,900.00
Building value
$1,742,300.00
Estimated tax
$9,956.00
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 28 North Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,021.53 Style Antique Age 1768 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 4204 Heating Fuel Hot Water Detached Garage Lot Size 0.1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,742,300.00 AEM Value - Land $1,438,600.00 AEM Value - Other $0.00 AEM Value - Total $3,180,900.00
A) 56 Walsh Street 0.3 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
B) 45 West Chester Street 0.4 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
C) 11 Pine Street 0.4 12/21/2023 $3,000,000 2,192 2 $1368.61 Colonial 1987 3 3 3177 Forced Air-Duc 0.13 Asph/F Gls/Cmp $888,200 $2,327,400 $0 $3,215,600
D) 108 Main Street 0.4 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
E) 20 New Lane 0.5 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
F) 28 Union Street 0.5 12/21/2023 $3,645,000 3,038 2 $1199.80 Antique 1800 5 3 1 4643 Forced Air-Duc 0.1 Asph/F Gls/Cmp $2,077,500 $2,086,200 $0 $4,163,700
G) 1 Farmer Street 0.5 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
H) 45 Fair Street 0.5 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
I) 3 Bear Street 0.9 12/19/2023 $1,590,000 2,867 2.5 $554.59 Antique 1720 3 2 5114 Hot Water 0.2 Asph/F Gls/Cmp $1,705,300 $489,300 $0 $2,194,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 28 North Water Street 10/1/2021 $2,515,000 0 Antique 2,462 0.1 4 3- -
  Criteria
A 56 Walsh Street 2/15/2024 $5,000,000 0.3 Cape Cod 2,028 0.11 5 3-1
B 45 West Chester Street 4/17/2024 $3,200,000 0.4 Conventional 1,972 0.14 4 3-
C 11 Pine Street 12/21/2023 $3,000,000 0.4 Colonial 2,192 0.13 3 3-
D 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
E 20 New Lane 1/17/2024 $4,350,000 0.5 Colonial 2,247 0.12 4 3-1
F 28 Union Street 12/21/2023 $3,645,000 0.5 Antique 3,038 0.1 5 3-1
G 1 Farmer Street 5/10/2024 $3,600,000 0.5 Antique 2,430 0.06 3 3-1
H 45 Fair Street 5/8/2024 $4,800,000 0.5 Custom Built 2,854 0.07 4 4-1
I 3 Bear Street 12/19/2023 $1,590,000 0.9 Antique 2,867 0.2 3 2-
Averages 118 days $3,742,778 0.51 --- 2,404 0.12 --- ---  

Estimation of Market Value - $3,722,204

As of today, 06/19/2024, the estimated market value of 28 North Water Street, Nantucket considering the above 9 comparable properties is $3,722,204.

 

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
@ 28 North Water Street 10/1/2021 $2,515,000 0 Antique 2,462 0.1 4 3- -
  Criteria
A 26 North Water Street 5/8/2018 $4,000,000 0.0 B+B/Inn 5,455 0.13 5 9-
B 4 Chester Street 12/7/2021 $0 0.0 Colonial 2,101 0.05 4 4-1
C 57 Center Street 11/4/2004 $2,249,000 0.0 Antique 2,510 0.12 4 3-
D 24 North Water Street 10/19/2020 $0 0.0 Antique 3,006 0.18 5 5-
E 59 Center Street 3/31/2015 $105,000 0.0 Antique 2,506 0.17 5 3-1
F 55 Center Street 10/29/2003 $2,300,000 0.0 Antique 1,931 0.16 4 3-1
G 61 Center Street 12/20/2021 $6,337,500 0.0 B+B/Inn 5,681 0.24 5 9-
H 29 North Water Street 2/6/2008 $0 0.0 Hotel 4,488 0.37 6 -
I 25 North Water Street 4/7/2023 $3,945,000 0.0 Antique 2,447 0.12 3 2-1
J 89 Easton Street 7/31/2023 $5,000,000 0.0 Antique 4,750 0.13 10 8-
K 53 Center Street 10/15/2021 $4,950,000 0.0 Antique 4,269 0.15 5 2-1
L 23 North Water Street $0 0.0 Antique 2,912 0.13 3 2-1
M 6 Chester Street 2/5/2018 $0 0.0 Antique 2,616 0.11 4 4-
N 51-B Center Street 10/15/2002 $985,000 0.0 Colonial 2,087 0.14 3 2-1
O 2 Cliff Road 4/13/2012 $3,265,000 0.0 Antique 2,977 0.12 5 5-1
P 8 Chester Street 1/18/2019 $2,550,000 0.0 B+B/Inn 3,058 0.07 5 8-
Q 3 Cliff Road 3/26/2010 $805,000 0.0 Antique 4,203 0.12 5 4-1
R 70 Center Street 3/28/2013 $0 0.0 Antique 2,194 0.09 3 3-1
S 72 Center Street 3/28/2013 $0 0.0 Antique 2,456 0.07 3 3-1
T 76-A Center Street 3/16/2022 $1,235,000 0.0 Condominium 716 0 1 1-
U 1 Chester Street 2/5/2021 $2,275,000 0.1 Antique 3,467 0.12 6 4-1
V 68 Center Street 5/2/1994 $620,000 0.1 Antique 3,073 0.15 5 4-1
W 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
X 77 Easton Street 1/7/2012 $2,825,000 0.1 Hotel 37,937 1.27 36 43-
Y 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
Z 78 Center Street 11/22/2019 $4,450,000 0.1 B+B/Inn 4,463 0.13 10 10-1
- 5 Cliff Road 5/29/2003 $0 0.1 Antique 1,975 0.07 4 3-
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 5 Chester Street 1/4/2016 $1,600,000 0.1 Antique 2,088 0.1 4 2-1
- 4 North Avenue 12/17/2012 $0 0.1 Conventional 1,418 0.06 3 2-
- 6 Cliff Road 1/9/2009 $0 0.1 Antique 2,511 0.1 3 3-1
- 80 Center Street 5/27/2016 $0 0.1 Restaurant 2,764 0.1 2 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-
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 65 Center Street 5/11/2021 $6,250,000 0.1 Colonial 3,339 0.11 5 4-3
- 7 Cliff Road 1/30/1997 $525,000 0.1 Colonial 4,309 0.16 4 3-
- 35 Lily Street 11/5/2021 $0 0.1 Antique 3,485 0.38 5 4-1
- 84 Easton Street 5/30/2000 $0 0.1 Conventional 1,472 0.15 4 2-
- 82 Center Street 3/17/2021 $1,525,000 0.1 Antique 1,542 0.11 4 4-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 8 Cliff Road 6/1/2021 $1,115,000 0.1 Condominium 837 0 2 2-
- 8-C Cliff Road 6/27/2013 $620,000 0.1 Condominium 958 0 2 2-
- 8-D Cliff Road 11/22/2021 $1,550,000 0.1 Condominium 890 0 2 2-
- 8-E Cliff Road 7/30/1996 $300,000 0.1 Condominium 989 0 1 2-
- 8-F Cliff Road 2/24/2006 $750,000 0.1 Condominium 622 0 1 1-
- 8-A Cliff Road 4/3/2017 $993,800 0.1 Condominium 1,112 0 2 3-
- 5 North Avenue 12/27/2006 $1,640,000 0.1 Antique 1,939 0.21 3 2-
- 67 Center Street 6/23/2017 $0 0.1 Antique 1,053 0.09 2 2-
- 9 Cliff Road 9/9/2019 $3,900,000 0.1 B+B/Inn 5,278 0.17 5 9-
- 82 Easton Street 12/28/2012 $2,075,000 0.1 Office Bldg 1,620 0.13 0 2-
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 40 Lily Street 1/20/1989 $650,000 0.1 Antique 4,094 0.27 6 5-
- 75 Easton Street 9/12/2012 $0 0.1 Bungalow 800 0.18 2 1-
- 62 Center Street $0 0.1 Churches 19,137 0.76 0 2-
- 6 Gull Island Lane 10/15/2019 $1,620,000 0.1 Antique 2,732 0.11 4 6-2
- 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-
- 19 North Water Street 2/6/2008 $0 0.1 Hotel 24,875 3.39 20 25-
- 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 3 North Avenue 11/30/2012 $1,250,000 0.1 Resid Barn 2,352 0.94 4 3-1
- 80 Easton Street 12/15/2016 $1,825,000 0.1 Conventional 1,609 0.13 3 1-1
- 31 Lily Street 8/11/1999 $0 0.1 Antique 2,412 0.11 5 3-
- 8 Gull Island Lane 10/14/2022 $4,125,000 0.1 Antique 2,487 0.11 3 4-
- 10-B Cliff Road 1/3/2020 $5,300,000 0.1 B+B/Inn 4,744 0.09 5 18-1
- 10-A Cliff Road 10/1/2020 $1,000,000 0.1 Colonial 1,132 0.03 3 3-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 9 North Avenue 2/28/2001 $850,000 0.1 Colonial 2,496 0.27 4 4-1
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
- 71 Easton Street 9/12/2012 $0 0.1 Ranch 1,924 0.23 4 4-
- 78 Easton Street 12/5/2022 $0 0.1 Colonial 1,704 0.13 3 2-1
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 36-B Lily Street 2/14/2017 $2,900,000 0.1 Resid Barn 600 0.12 1 1-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 32 Lily Street 6/17/1994 $548,000 0.1 Antique 2,486 0.14 4 4-
- 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 76 Easton Street 7/15/2014 $0 0.1 Colonial 2,208 0.13 2 2-
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 69 Easton Street 5/4/2012 $999,400 0.1 Ranch 1,376 0.23 4 3-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 5 Dolphin Court 7/2/2019 $0 0.1 Custom Built 3,098 0.14 4 4-1
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 11 North Avenue 2/28/2001 $850,000 0.1 Vacant Land 1 -
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
- 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 36 Lily Street 2/10/2021 $2,250,000 0.1 Vacant Land 0.42 -
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 28 Lily Street 10/10/2018 $3,895,000 0.1 Antique 3,896 0.51 5 4-2
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 8 North Beach Street 8/26/2021 $3,981,053 0.1 B+B/Inn 4,384 0.15 5 11-1
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 72 Easton Street 2/6/2008 $0 0.1 Hotel 10,332 0.5 14 14-
- 15 Cliff Road 4/23/2021 $8,100,000 0.1 Custom Built 4,134 0.46 5 6-1
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 7 Gull Island Lane 6/1/2009 $0 0.1 Antique 3,920 1.9 5 5-
- 2 North Beach Street 5/31/2018 $1,729,062 0.1 Ranch 1,340 0.14 3 3-1
- 1 Sea Street $0 0.1 Other Municipa 1,088 0.11 0 4-
- 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
Averages 3995 days $1,515,319 0.08 --- 3,399 0.21 --- ---  
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
4243 22 28 North Water Street