56 Center Street, Nantucket, MA 02554

56 Center Street Nantucket MA 02554
Owner Information
Owner 1
Middle C LLC
Owner 2
C/O Philbrick Melissa
Owner's Address
P O Box 868 Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/16/2011
Previous sale date
07/08/2004
Transfer document #
01293-0055
Previous transfer document
C0021318-0
Grantor
Nantucket Island Resorts LLC
Previous grantor
Philip W Read
Most recent sale price
$3,280,000.00
Previous sale price
$8,000,001.00
Site Information
Property ID
4243-80
Lot Size
0.23
Use Code
943 - Other Educational
Zoning
ROH
Building Style
Office Bldg
Number of Rooms
Stories
2.5
Number of Beds
Year Built
1840
Number of full baths
Condition
Number of half baths
Finished Area
6749
Number of Kitchen
Gross Living Area
10870
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
Solar Assisted
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$3,192,000.00
Total value
$7,806,100.00
Building value
$4,614,100.00
Estimated tax
$41,372.00
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 56 Center Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $486.00 Style Office Bldg Age 1840 Rooms Bedrooms Full baths Half baths Gross Living Area 10870 Heating Fuel Hot Water Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $4,614,100.00 AEM Value - Land $3,192,000.00 AEM Value - Other $0.00 AEM Value - Total $7,806,100.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Center Street 9/16/2011 $3,280,000 0 Office Bldg 6,749 0.23 - -
  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
@ 56 Center Street 9/16/2011 $3,280,000 0 Office Bldg 6,749 0.23 - -
  Criteria
A 1 Academy Lane 3/6/2003 $2,287,500 0.0 Antique 4,116 0.13 5 4-1
B 54 Center Street 9/30/2011 $2,450,000 0.0 Antique 2,668 0.08 3 3-1
C 58 Center Street 9/10/2020 $4,350,000 0.0 Custom Built 2,916 0.17 4 3-1
D 43 Center Street 5/24/2019 $0 0.0 Antique 3,059 0.09 8 4-1
E 52 Center Street 9/29/2021 $0 0.0 Antique 2,894 0.09 5 4-
F 6 Academy Lane 12/31/2012 $0 0.0 Antique 1,722 0.05 2 2-
G 5 Gay Street 10/19/1987 $0 0.0 Antique 3,026 0.12 5 3-
H 29 Broad Street 7/8/2004 $8,000,001 0.0 Hotel 18,233 0.46 31 31-
I 60 Center Street 6/20/2013 $0 0.0 Antique 3,044 0.19 4 4-1
J 3 Academy Lane 5/8/2015 $0 0.0 Antique 2,312 0.11 5 4-1
K 4 Academy Lane 12/31/2012 $0 0.0 Antique 2,543 0.08 5 2-1
L 10 Ash Street 12/27/1995 $0 0.0 Antique 2,436 0.11 4 2-1
M 8 Academy Lane 6/13/2000 $0 0.0 Antique 1,470 0.05 4 2-
N 7 Gay Street 11/6/1992 $0 0.0 Antique 1,136 0.07 3 1-1
O 45 Center Street 8/7/1998 $0 0.0 Antique 3,179 0.1 5 4-
P 5 Academy Lane 3/31/2021 $0 0.0 Antique 1,578 0.06 3 2-
Q 2 Church Court $0 0.0 Colonial 3,686 0.15 3 4-1
R 50 Center Street 7/8/2004 $8,000,001 0.0 Vacant Land 0.09 -
S 9 Gay Street 5/17/2023 $3,747,562 0.0 Antique 2,388 0.07 4 4-1
T 27 Broad Street 7/8/2004 $8,000,001 0.0 B+B/Inn 5,850 0.2 5 9-
U 4 Gay Street 10/23/2023 $4,450,000 0.0 Cape Cod 1,827 0.06 3 3-
V 4 Gay Street-Lot 19 1/29/1996 $0 0.0 Antique 4,280 0.12 5 7-
W 3 Quince Street 9/27/2017 $2,796,101 0.0 Antique 2,368 0.12 4 3-
X 47 Center Street 11/12/2014 $2,700,000 0.0 Antique 2,360 0.07 3 3-1
Y 10 Academy Lane 8/13/2016 $2,500,000 0.0 Antique 2,328 0.11 4 2-
Z 6 Ash Lane 6/22/1998 $776,000 0.0 Aptovrret/Off 2,198 0.1 3 3-
- 48 Center Street 1/4/2019 $2,150,000 0.0 Aptovrret/Off 3,316 0.07 7 5-1
- 6 Gay Street 1/29/1993 $370,000 0.0 Antique 2,572 0.09 5 4-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 11 Gay Street 1/25/2008 $0 0.1 Antique 1,742 0.12 5 2-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 5 Quince Street 12/23/1998 $0 0.1 Antique 3,428 0.1 5 4-
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 62 Center Street $0 0.1 Churches 19,137 0.76 0 2-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 8 Gay Street 12/19/2012 $0 0.1 Outbuildings 0.12 -
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 15 Gay Street 2/10/1992 $425,000 0.1 Antique 2,067 0.06 3 2-
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 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-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 17 Gay Street 7/1/1997 $0 0.1 Antique 1,982 0.06 4 3-
- 10 Gay Street 6/28/2021 $2,900,000 0.1 B+B/Inn 4,212 0.1 5 9-1
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 12 Westminster Street 6/12/2008 $0 0.1 Antique 2,905 0.12 5 3-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 11 Quince Street 4/15/2016 $1,600,000 0.1 Colonial 2,556 0.06 4 4-1
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 10 Quince Street 9/10/2021 $3,495,000 0.1 Antique 3,579 0.18 5 3-1
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 12 Gay Street 8/13/2013 $0 0.1 Antique 2,651 0.08 4 3-
- 68 Center Street 5/2/1994 $620,000 0.1 Antique 3,073 0.15 5 4-1
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 13 Academy Lane 11/21/2022 $2,500,000 0.1 Cape Cod 1,775 0.12 2 2-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 8 Westminster Street 5/31/2011 $0 0.1 Antique 2,669 0.12 4 2-1
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 13 Quince Street 12/22/1995 $0 0.1 Custom Built 1,456 0.05 4 2-1
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 11 Hussey Street 7/24/2020 $4,622,500 0.1 Antique 3,355 0.14 6 6-
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 35 Lily Street 11/5/2021 $0 0.1 Antique 3,485 0.38 5 4-1
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 51-B Center Street 10/15/2002 $985,000 0.1 Colonial 2,087 0.14 3 2-1
- 53 Center Street 10/15/2021 $4,950,000 0.1 Antique 4,269 0.15 5 2-1
- 31 Lily Street 8/11/1999 $0 0.1 Antique 2,412 0.11 5 3-
- 70 Center Street 3/28/2013 $0 0.1 Antique 2,194 0.09 3 3-1
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
- 15 Quince Street 11/2/2020 $2,130,000 0.1 Antique 2,728 0.06 6 3-1
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 14 Quince Street $0 0.1 Antique 3,108 0.23 5 4-
- 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 72 Center Street 3/28/2013 $0 0.1 Antique 2,456 0.07 3 3-1
- 15 Academy Lane 12/28/1999 $0 0.1 Colonial 1,769 0.07 3 2-1
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 55 Center Street 10/29/2003 $2,300,000 0.1 Antique 1,931 0.16 4 3-1
- 23 Lily Street 6/2/2004 $0 0.1 Antique 4,891 0.22 4 3-1
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 10 Hussey Street 4/15/2021 $4,066,666 0.1 B+B/Inn 4,681 0.08 5 9-
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 17 Academy Lane 8/2/2021 $2,250,000 0.1 Antique 1,318 0.05 3 3-
- 15 Hussey Street 6/9/1987 $0 0.1 Conventional 1,662 0.14 4 1-1
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 16 Quince Street 6/13/2011 $1,275,000 0.1 Antique 1,804 0.06 4 2-1
- 12 Hussey Street 12/1/2023 $4,595,000 0.1 Antique 2,801 0.09 5 2-1
- 76-A Center Street 3/16/2022 $1,235,000 0.1 Condominium 716 0 1 1-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 57 Center Street 11/4/2004 $2,249,000 0.1 Antique 2,510 0.12 4 3-
- 32 Lily Street 6/17/1994 $548,000 0.1 Antique 2,486 0.14 4 4-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 21 Lily Street 11/10/2021 $2,575,000 0.1 Antique 2,128 0.08 4 3-
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 24 North Water Street 10/19/2020 $0 0.1 Antique 3,006 0.18 5 5-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 14 Hussey Street 11/8/2022 $5,195,000 0.1 Antique 2,881 0.14 5 4-1
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 4 Crown Court 11/9/2011 $0 0.1 Colonial 3,347 0.12 5 4-1
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 19 Lily Street 5/3/2004 $0 0.1 Antique 3,337 0.21 4 4-1
- 19 Hussey Street 8/29/2008 $1,700,000 0.1 Outbuildings 0.02 -
- 59 Center Street 3/31/2015 $105,000 0.1 Antique 2,506 0.17 5 3-1
- 40 Lily Street 1/20/1989 $650,000 0.1 Antique 4,094 0.27 6 5-
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 78 Center Street 11/22/2019 $4,450,000 0.1 B+B/Inn 4,463 0.13 10 10-1
- 27 India Street 11/30/2000 $1,375,000 0.1 Antique 2,379 0.11 3 3-
- 18 Hussey Street 11/7/2022 $0 0.1 Colonial 2,130 0.08 4 3-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 28 Lily Street 10/10/2018 $3,895,000 0.1 Antique 3,896 0.51 5 4-2
- 26 North Water Street 5/8/2018 $4,000,000 0.1 B+B/Inn 5,455 0.13 5 9-
- 17 Lily Street 3/16/2018 $2,250,000 0.1 Colonial 2,532 0.12 4 3-1
- 21 Hussey Street-Lot 98 12/24/2020 $0 0.1 Antique 2,565 0.08 3 2-1
- 29 India Street 10/27/2021 $0 0.1 Antique 2,922 0.11 5 4-
- 61 Center Street 12/20/2021 $6,337,500 0.1 B+B/Inn 5,681 0.24 5 9-
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 20 Hussey Street 8/15/2022 $0 0.1 Antique 2,634 0.11 5 4-1
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 80 Center Street 5/27/2016 $0 0.1 Restaurant 2,764 0.1 2 3-
- 28 North Water Street 10/1/2021 $2,515,000 0.1 Antique 2,462 0.1 4 3-
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 31 India Street 4/15/2021 $2,033,333 0.1 B+B/Inn 3,675 0.09 10 10-
- 15 Lily Street 10/19/2022 $4,895,000 0.1 Cape Cod 3,025 0.12 3 5-1
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 21 Hussey Street 1/24/2018 $2,275,000 0.1 Colonial 3,800 0.12 4 5-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 33 India Street 9/25/2001 $1,625,000 0.1 Antique 3,448 0.1 5 5-1
- 13 Lily Street 5/28/2013 $791,574 0.1 Bungalow 582 0.08 2 1-
- 8 Chester Street 1/18/2019 $2,550,000 0.1 B+B/Inn 3,058 0.07 5 8-
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
Averages 4664 days $1,816,277 0.08 --- 3,152 0.12 --- ---  
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 80 56 Center Street