40 Lily Street, Nantucket, MA 02554

Owner Information
Owner 1
Thomas P Lowy & Beth
Owner 2
Owner's Address
304 West 78th St New York, NY 10024
Market Sale Information
Most recent sale date
1/20/1989
Previous sale date
Transfer document #
00317-0023
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$650,000.00
Previous sale price
N/A
Site Information
Property ID
4243-96
Lot Size
0.27
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
6
Year Built
1890
Number of full baths
5
Condition
Number of half baths
Finished Area
4094
Number of Kitchen
3
Gross Living Area
5375
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
K Pine/A Wd
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Mansard
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
$1,562,800.00
Total value
$4,175,200.00
Building value
$2,612,400.00
Estimated tax
$13,068.00
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 40 Lily Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $158.77 Style Antique Age 1890 Rooms Bedrooms 6 Full baths 5 Half baths Gross Living Area 5375 Heating Fuel Hot Water Detached Garage Lot Size 0.27 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,612,400.00 AEM Value - Land $1,562,800.00 AEM Value - Other $0.00 AEM Value - Total $4,175,200.00
A) 20 West Chester Street 0.1 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
B) 16 Walsh Street 0.3 8/21/2024 $287,500 4,133 2 $69.56 Colonial 1960 7 4 1 5889 Electr Basebrd 0.28 Asph/F Gls/Cmp $2,554,200 $2,264,700 $0 $4,818,900
C) 25 Union Street 0.5 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
D) 3 Sherburne Way 0.7 5/30/2024 $8,000,000 4,626 1 $1729.36 Ranch 1960 5 4 6685 Hot Water 2.39 Wood Shingle $2,964,300 $22,912,800 $0 $25,877,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lily Street 1/20/1989 $650,000 0 Antique 4,094 0.27 6 5- -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
B 16 Walsh Street 8/21/2024 $287,500 0.3 Colonial 4,133 0.28 7 4-1
C 25 Union Street 8/19/2024 $2,365,000 0.5 Antique 3,537 0.14 5 2-1
D 3 Sherburne Way 5/30/2024 $8,000,000 0.7 Ranch 4,626 2.39 5 4-
Averages 75 days $4,411,875 0.40 --- 3,896 0.77 --- ---  

Estimation of Market Value - $3,200,438

As of today, 09/27/2024, the estimated market value of 40 Lily Street, Nantucket considering the above 4 comparable properties is $3,200,438.

 

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
@ 40 Lily Street 1/20/1989 $650,000 0 Antique 4,094 0.27 6 5- -
  Criteria
A 80 Center Street 5/27/2016 $0 0.0 Restaurant 2,764 0.1 2 3-
B 8 Gull Island Lane 10/14/2022 $4,125,000 0.0 Antique 2,487 0.11 3 4-
C 78 Center Street 11/22/2019 $4,450,000 0.0 B+B/Inn 4,463 0.13 10 10-1
D 32 Lily Street 6/17/1994 $548,000 0.0 Antique 2,486 0.14 4 4-
E 36-B Lily Street 2/14/2017 $2,900,000 0.0 Resid Barn 600 0.12 1 1-
F 82 Center Street 3/17/2021 $1,525,000 0.0 Antique 1,542 0.11 4 4-
G 6 Gull Island Lane 10/15/2019 $1,620,000 0.0 Antique 2,732 0.11 4 6-2
H 31 Lily Street 8/11/1999 $0 0.0 Antique 2,412 0.11 5 3-
I 35 Lily Street 11/5/2021 $0 0.0 Antique 3,485 0.38 5 4-1
J 76-A Center Street 3/16/2022 $1,235,000 0.0 Condominium 716 0 1 1-
K 29 Lily Street 6/5/2015 $1,769,000 0.0 Antique 1,949 0.08 3 3-1
L 72 Center Street 3/28/2013 $0 0.0 Antique 2,456 0.07 3 3-1
M 36 Lily Street 2/10/2021 $2,250,000 0.0 Vacant Land 0.42 -
N 28 Lily Street 10/10/2018 $3,895,000 0.0 Antique 3,896 0.51 5 4-2
O 70 Center Street 3/28/2013 $0 0.0 Antique 2,194 0.09 3 3-1
P 8 Chester Street 1/18/2019 $2,550,000 0.0 B+B/Inn 3,058 0.07 5 8-
Q 27 Lily Street 2/24/1988 $0 0.0 Antique 2,611 0.09 4 2-
R 68 Center Street 5/2/1994 $620,000 0.0 Antique 3,073 0.15 5 4-1
S 5 Chester Street 1/4/2016 $1,600,000 0.0 Antique 2,088 0.1 4 2-1
T 62 Center Street $0 0.0 Churches 19,137 0.76 0 2-
U 7 Gull Island Lane 6/1/2009 $0 0.0 Antique 3,920 1.9 5 5-
V 6 Chester Street 2/5/2018 $0 0.1 Antique 2,616 0.11 4 4-
W 61 Center Street 12/20/2021 $6,337,500 0.1 B+B/Inn 5,681 0.24 5 9-
X 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
Y 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
Z 59 Center Street 3/31/2015 $105,000 0.1 Antique 2,506 0.17 5 3-1
- 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
- 65 Center Street 5/11/2021 $6,250,000 0.1 Colonial 3,339 0.11 5 4-3
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 1 Chester Street 2/5/2021 $2,275,000 0.1 Antique 3,467 0.12 6 4-1
- 57 Center Street 11/4/2004 $2,249,000 0.1 Antique 2,510 0.12 4 3-
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 4 Chester Street 12/7/2021 $0 0.1 Colonial 2,101 0.05 4 4-1
- 67 Center Street 6/23/2017 $0 0.1 Antique 1,053 0.09 2 2-
- 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
- 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 2 Cliff Road 4/13/2012 $3,265,000 0.1 Antique 2,977 0.12 5 5-1
- 6 Cliff Road 1/9/2009 $0 0.1 Antique 2,511 0.1 3 3-1
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
- 13 Academy Lane 11/21/2022 $2,500,000 0.1 Cape Cod 1,775 0.12 2 2-
- 53 Center Street 10/15/2021 $4,950,000 0.1 Antique 4,269 0.15 5 2-1
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
- 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-
- 6 West Chester Street 3/12/1997 $0 0.1 Cape Cod 1,040 0.34 2 1-1
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 28 North Water Street 10/1/2021 $2,515,000 0.1 Antique 2,462 0.1 4 3-
- 26 North Water Street 5/8/2018 $4,000,000 0.1 B+B/Inn 5,455 0.13 5 9-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 51-B Center Street 10/15/2002 $985,000 0.1 Colonial 2,087 0.14 3 2-1
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 22 Lily Street 12/21/2017 $1,850,000 0.1 Antique 2,769 0.91 5 4-
- 15 Academy Lane 12/28/1999 $0 0.1 Colonial 1,769 0.07 3 2-1
- 21 Lily Street 11/10/2021 $2,575,000 0.1 Antique 2,128 0.08 4 3-
- 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-
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
- 8 West Chester Street 9/10/2021 $0 0.1 Antique 2,594 0.17 5 4-
- 24 North Water Street 10/19/2020 $0 0.1 Antique 3,006 0.18 5 5-
- 5 Cliff Road 5/29/2003 $0 0.1 Antique 1,975 0.07 4 3-
- 3 Cliff Road 3/26/2010 $805,000 0.1 Antique 4,203 0.12 5 4-1
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 89 Easton Street 7/31/2023 $5,000,000 0.1 Antique 4,750 0.13 10 8-
- 12 Westminster Street 6/12/2008 $0 0.1 Antique 2,905 0.12 5 3-
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
- 10 Academy Lane 8/13/2016 $2,500,000 0.1 Antique 2,328 0.11 4 2-
- 17 Academy Lane 8/2/2021 $2,250,000 0.1 Antique 1,318 0.05 3 3-
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 13 West Chester Street 10/12/2021 $0 0.1 Cape Cod 1,512 0.14 4 2-
- 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-
- 7 Cliff Road 1/30/1997 $525,000 0.1 Colonial 4,309 0.16 4 3-
- 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
- 9 Cliff Road 9/9/2019 $3,900,000 0.1 B+B/Inn 5,278 0.17 5 9-
- 4 North Avenue 12/17/2012 $0 0.1 Conventional 1,418 0.06 3 2-
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 19 Lily Street 5/3/2004 $0 0.1 Antique 3,337 0.21 4 4-1
- 4 Academy Lane 12/31/2012 $0 0.1 Antique 2,543 0.08 5 2-1
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
- 15 West Chester Street 6/4/1992 $0 0.1 Conventional 760 0.14 2 2-
- 17 Gay Street 7/1/1997 $0 0.1 Antique 1,982 0.06 4 3-
- 15 Gay Street 2/10/1992 $425,000 0.1 Antique 2,067 0.06 3 2-
- 8 Westminster Street 5/31/2011 $0 0.1 Antique 2,669 0.12 4 2-1
- 18 Lily Street 12/1/2023 $4,050,000 0.1 Colonial 3,370 0.18 5 5-1
- 1 Kite Hill Lane 9/5/2024 $2,925,000 0.1 Antique 893 0.05 2 2-1
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
- 11 Gay Street 1/25/2008 $0 0.1 Antique 1,742 0.12 5 2-
- 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 -
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 9 Gay Street 5/17/2023 $3,747,562 0.1 Antique 2,388 0.07 4 4-1
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 17 Lily Street 3/16/2018 $2,250,000 0.1 Colonial 2,532 0.12 4 3-1
- 16 Lily Street 9/18/2012 $0 0.1 Antique 2,622 0.21 4 3-1
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 5 North Avenue 12/27/2006 $1,640,000 0.1 Antique 1,939 0.21 3 2-
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 16 Cliff Road 10/4/2018 $5,050,000 0.1 Antique 3,999 0.35 5 4-1
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 77 Easton Street 1/7/2012 $2,825,000 0.1 Hotel 37,937 1.27 36 43-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 12 Gay Street 8/13/2013 $0 0.1 Antique 2,651 0.08 4 3-
- 14 Lily Street 9/18/2012 $0 0.1 Antique 1,916 0.08 5 3-
- 10 Gay Street 6/28/2021 $2,900,000 0.1 B+B/Inn 4,212 0.1 5 9-1
- 15 Lily Street 10/19/2022 $4,895,000 0.1 Cape Cod 3,025 0.12 3 5-1
Averages 4178 days $1,628,109 0.08 --- 3,154 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
4243 96 40 Lily Street