5 Spruce Street, Nantucket, MA 02554

5 Spruce Street Nantucket MA 02554
Owner Information
Owner 1
Therese Price
Owner 2
Owner's Address
P O Box 3071 Nantucket, MA 02584
Market Sale Information
Most recent sale date
10/10/2017
Previous sale date
04/03/1998
Transfer document #
01613-0072
Previous transfer document
00569-0188
Grantor
Thomas G Landry
Previous grantor
Thomas Landry
Most recent sale price
$0.00
Previous sale price
$20,000.00
Site Information
Property ID
55-282
Lot Size
0.07
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1970
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1512
Number of Kitchen
1
Gross Living Area
1724
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
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$632,100.00
Total value
$1,158,500.00
Building value
$526,400.00
Estimated tax
$3,626.00
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 Spruce Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1970 Rooms Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area 1724 Heating Fuel Hot Water Detached Garage Lot Size 0.07 Roof Cover Asph/F Gls/Cmp AEM Value - Building $526,400.00 AEM Value - Land $632,100.00 AEM Value - Other $0.00 AEM Value - Total $1,158,500.00
A) 121 Orange Street 0.1 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
B) 1 Back Street 0.2 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
C) 3 Back Street 0.2 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
D) 4 York Street 0.3 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
E) 38 Pine Street 0.5 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
F) 7 Yompasham Lane 0.5 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
G) 31 Surfside Road 0.5 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
H) 16 Polliwog Pond Road 0.7 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
I) 8 Essex Road 0.8 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
J) 149 Main Street 1.0 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Spruce Street 10/10/2017 $0 0 Ranch 1,512 0.07 4 1-1 -
  Criteria
A 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
B 1 Back Street 1/2/2024 $2,900,000 0.2 Colonial 1,520 0.12 2 2-
C 3 Back Street 1/2/2024 $2,900,000 0.2 Ranch 1,344 0.12 3 2-
D 4 York Street 3/28/2024 $2,175,000 0.3 Antique 1,489 0.07 3 2-
E 38 Pine Street 1/31/2024 $2,225,000 0.5 Antique 1,707 0.07 3 1-1
F 7 Yompasham Lane 2/14/2024 $2,262,500 0.5 Conventional 1,878 0.25 3 3-
G 31 Surfside Road 5/23/2024 $2,125,000 0.5 Cape Cod 1,404 0.15 3 2-
H 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.7 Cape Cod 1,830 0.24 5 2-
I 8 Essex Road 5/15/2024 $1,900,000 0.8 Colonial 1,872 0.31 3 3-
J 149 Main Street 5/17/2024 $4,225,000 1.0 Conventional 1,698 0.14 3 1-1
Averages 117 days $2,376,250 0.47 --- 1,632 0.18 --- ---  

Estimation of Market Value - $1,941,937

As of today, 06/30/2024, the estimated market value of 5 Spruce Street, Nantucket considering the above 10 comparable properties is $1,941,937.

 

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 Spruce Street 10/10/2017 $0 0 Ranch 1,512 0.07 4 1-1 -
  Criteria
A 3 Spruce Street 10/10/2017 $0 0.0 Vacant Land 0.02 -
B 126 Orange Street 2/19/1988 $0 0.0 Antique 1,302 0.11 4 1-
C 4 Spruce Street 8/29/1996 $0 0.0 Raised Ranch 1,768 0.08 3 1-
D 134 Orange Street 8/22/2008 $23,769,700 0.0 Warehouse 16,893 2.36 0 1-
E 124 Orange Street 12/14/2011 $0 0.0 Conventional 1,221 0.12 3 1-
F 128 Orange Street 8/22/2008 $23,769,700 0.0 Cape Cod 1,040 0.05 3 1-
G 122 Orange Street 8/29/1996 $0 0.0 Outbuildings 0.12 -
H 8 Spruce Street 9/27/1996 $375,000 0.0 Colonial 3,041 0.62 3 4-
I 1 Goose Pond Lane 8/29/1996 $0 0.0 Colonial 2,424 0.07 4 3-1
J 6 Goose Pond Lane 1/12/2001 $0 0.0 Vacant Land 0.94 -
K 129 Orange Street 12/27/2021 $6,000,000 0.0 Aptovrret/Off 6,000 0.49 2 2-
L 127 Orange Street 4/6/2004 $400,000 0.1 Aptovrret/Off 5,431 0.46 4 4-
M 10 Spruce Street 10/31/2019 $0 0.1 Cape Cod 1,276 0.19 3 2-
N 5 Goose Pond Lane 4/29/1992 $470,000 0.1 Antique 3,500 0.32 4 5-
O 138 Orange Street 8/22/2008 $23,769,700 0.1 Store 3,256 1.47 0 1-
P 125 Orange Street 5/31/2019 $2,405,000 0.1 Aptovrret/Off 3,483 0.18 1 2-1
Q 0 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.18 -
R 9 Harbor Terrace 8/22/2008 $23,769,700 0.1 Outbuildings 0.14 -
S 3 Bear Street 12/19/2023 $1,590,000 0.1 Antique 2,867 0.2 3 2-
T 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
U 114 Orange Street $0 0.1 Vacant Land 0.58 -
V 137-A Orange Street 8/22/2003 $380,000 0.1 Aptovrret/Off 2,520 0.13 2 2-
W 6 Harbor Terrace 11/15/2012 $1,750,000 0.1 Cape Cod 1,865 0.2 4 2-
X 12 East Creek Road 11/1/2010 $3,500,000 0.1 Colonial 1,696 0.86 4 3-2
Y 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
Z 5 Bear Street 7/3/2003 $80,000 0.1 Colonial 1,974 0.21 2 2-1
- 10 East Creek Road 8/9/2007 $0 0.1 Conventional 1,146 0.15 3 2-
- 135 Orange Street 7/7/2020 $1,500,000 0.1 Vacant Land 0.33 -
- 1 Madison Court 7/8/2004 $2,000,000 0.1 Family Duplex 2,964 0.12 6 5-
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 3 Madison Court 1/21/2014 $10,730,000 0.1 Family Duplex 2,672 0.12 5 4-
- 4 Cherry Street 11/25/2019 $865,000 0.1 Bungalow 868 0.18 2 1-
- 4 Harbor Terrace 11/1/2010 $3,500,000 0.1 Cape Cod 2,890 0.27 5 5-
- 137 Orange Street 7/7/2020 $2,000,000 0.1 Vacant Land 0.46 -
- 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.1 Conventional 903 0.21 2 1-
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
- 5 Madison Court 3/13/2020 $0 0.1 Family Duplex 2,672 0.24 5 5-2
- 16 East Creek Road 6/21/2010 $2,650,000 0.1 Vacant Land 0.3 -
- 1 Cherry Street 10/8/2014 $0 0.1 Fast Food 384 0.12 0 2-
- 141 Orange Street 5/4/2022 $1,700,000 0.1 Vacant Land 0.16 -
- 6 Cherry Street 5/13/2016 $1,315,000 0.1 Colonial 1,821 0.13 3 3-
- 3 Daves Street 6/6/2007 $0 0.1 Cape Cod 1,515 0.08 2 1-
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 150 Orange Street $0 0.1 Home For Aged 17,472 1.91 0 3-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 11 Bear Street 12/21/2020 $0 0.1 Ranch 1,345 0.3 3 2-
- 5 Daves Street 7/17/2002 $312,500 0.1 Conventional 872 0.09 2 2-
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
Averages 4895 days $2,907,476 0.08 --- 2,140 0.37 --- ---  
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
55 282 5 Spruce Street