8 Cherry Street, Nantucket, MA 02554

8 Cherry Street Nantucket MA 02554
Owner Information
Owner 1
8 Cherry Ack LLC
Owner 2
Owner's Address
71 Commercial St Suite 52 Boston, MA 02109
Market Sale Information
Most recent sale date
12/8/2017
Previous sale date
04/18/2014
Transfer document #
01623-0230
Previous transfer document
01431-0249
Grantor
David Fondots
Previous grantor
Leonard Genovese
Most recent sale price
$900,000.00
Previous sale price
$612,000.00
Site Information
Property ID
55-384
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Antique
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1850
Number of full baths
2
Condition
Number of half baths
Finished Area
1472
Number of Kitchen
1
Gross Living Area
2410
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$485,700.00
Total value
$1,102,400.00
Building value
$616,700.00
Estimated tax
$3,615.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
4 Miacomet Avenue7 Otokomi Road8 Cherry Street7 Skiff Lane3 Madaket Road16 Federal Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 8 Cherry Street A) 16 Federal StreetB) 7 Skiff LaneC) 4 Miacomet AvenueD) 3 Madaket RoadE) 7 Otokomi Road
Photo
Plan
Map
Proximity 0.70.70.80.91.0
Last Sold 2/4/20253/27/20253/31/202512/3/202412/23/2024
Price $5,100,000$1,700,000$1,307,525$2,000,000$673,240
Net Living Area 1,5471,5511,1551,2421,544
Stories 1.51.751.7512
Sale Price/sft $611.41$3296.70$1096.07$1132.06$1610.31$436.04
Style AntiqueConventionalCape CodColonialAntiqueColonial
Age 185019002008199918841995
Rooms
Bedrooms 433333
Full baths 223312
Half baths 112
Gross Living Area 241017542137224820941713
Heating Fuel Electr BasebrdForced Air-DucHot WaterHot WaterHot WaterHot Air-No Duc
Detached Garage
Lot Size 0.140.060.110.160.110.31
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $616,700.00$1,165,200$776,600$539,700$540,600$623,000
AEM Value - Land $485,700.00$1,655,700$478,800$324,600$734,200$330,600
AEM Value - Other $0.00$0$0$0$0$0
AEM Value - Total $1,102,400.00$2,820,900$1,255,400$864,300$1,274,800$953,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Cherry Street 12/8/2017 $900,000 0 Antique 1,472 0.14 4 2- -
  Criteria
A 16 Federal Street 2/4/2025 $5,100,000 0.7 Conventional 1,547 0.06 3 2-1
B 7 Skiff Lane 3/27/2025 $1,700,000 0.7 Cape Cod 1,551 0.11 3 3-1
C 4 Miacomet Avenue 3/31/2025 $1,307,525 0.8 Colonial 1,155 0.16 3 3-
D 3 Madaket Road 12/3/2024 $2,000,000 0.9 Antique 1,242 0.11 3 1-2
E 7 Otokomi Road 12/23/2024 $673,240 1.0 Colonial 1,544 0.31 3 2-
Averages 85 days $2,156,153 0.81 --- 1,408 0.15 --- ---  

Estimation of Market Value - $1,956,136

As of today, 04/29/2025, the estimated market value of 8 Cherry Street, Nantucket considering the above 5 comparable properties is $1,956,136.

 

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
Subject Property3 Spruce Street5 Back Street89 Pleasant Street128 Orange Street7 Back Street8 Cherry Street126 Orange Street14 Back Street113 Orange Street6 Back Street3 Back Street10 Back Street8 Back Street107 Orange Street87 Pleasant Street111 Orange Street4-A Back Street65 Pleasant Street12 Back Street4-B Back Street8-R Back Street2 Back Street16 Back Street109 Orange Street129 Orange Street127 Orange Street100 Pleasant Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Cherry Street 12/8/2017 $900,000 0 Antique 1,472 0.14 4 2- -
  Criteria
A 6 Cherry Street 5/13/2016 $1,315,000 0.0 Colonial 1,821 0.13 3 3-
B 5 Madison Court 3/13/2020 $0 0.0 Family Duplex 2,672 0.24 5 5-2
C 7 Cherry Street 9/16/2008 $0 0.0 Outbuildings 0.11 -
D 9 Cherry Street 12/28/2023 $100,000 0.0 Ranch 1,232 0.15 3 1-
E 5 Cherry Street 12/6/2024 $1,680,000 0.0 Antique 972 0.08 2 2-
F 14 Cherry Street 1/19/2011 $325,000 0.0 Ranch 937 0.21 2 1-
G 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.0 Conventional 903 0.21 2 1-
H 11 Bear Street 12/21/2020 $0 0.0 Ranch 1,345 0.3 3 2-
I 3-B Cherry Street 6/7/2013 $250,000 0.0 Vacant Land 0.07 -
J 3 Madison Court 1/21/2014 $10,730,000 0.0 Family Duplex 2,672 0.12 5 4-
K 16 Williams Street 5/2/2023 $1,734,000 0.0 Bungalow 1,048 0.17 2 1-1
L 13-R Bear Street 9/30/2013 $675,000 0.0 Condominium 1,496 0 4 2-1
M 5 Bear Street 7/3/2003 $80,000 0.0 Colonial 1,974 0.21 2 2-1
N 1 Madison Court 7/8/2004 $2,000,000 0.0 Family Duplex 2,964 0.12 6 5-
O 16 Cherry Street 8/31/2020 $0 0.0 Cape Cod 2,035 0.14 6 3-
P 4 Cherry Street 11/25/2019 $865,000 0.0 Bungalow 868 0.18 2 1-
Q 1 Cherry Street 8/29/2024 $1,150,000 0.0 Fast Food 384 0.12 0 2-
R 13 Bear Street 2/11/2019 $0 0.0 Condominium 784 0 2 1-
S 18 Williams Street 12/20/2022 $2,000,000 0.0 Family Conver. 1,788 0.18 5 3-
T 115 Orange Street 7/7/1998 $0 0.0 Store 3,146 0.45 -
U 3 Bear Street 12/19/2023 $1,590,000 0.0 Antique 2,867 0.2 3 2-
V 3 Williams Street 11/22/2011 $350,000 0.1 Colonial 2,100 0.2 4 3-
W 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
X 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
Y 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
Z 15 Bear Street 9/24/2024 $1,640,000 0.1 Cape Cod 1,303 0.12 3 1-1
- 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 20 Cherry Street 6/11/1998 $3,000,000 0.1 Service Shop 3,108 1.13 0 2-
- 113 Orange Street 10/19/2005 $0 0.1 Bungalow 1,399 0.12 2 1-
- 11 Williams Street 5/16/2002 $250,000 0.1 Cape Cod 3,063 0.2 4 2-
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 125 Orange Street 5/31/2019 $2,405,000 0.1 Aptovrret/Off 3,483 0.18 1 2-1
- 15 Cherry Street 7/28/1993 $50,000 0.1 Clubs/Lodges 2,150 0.31 0 2-
- 13 Kimberly Way 1/27/2014 $2,100,000 0.1 Colonial 4,964 0.28 5 5-1
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
- 127 Orange Street 4/6/2004 $400,000 0.1 Aptovrret/Off 5,431 0.46 4 4-
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 5 Kimberly Way 9/23/2020 $2,450,000 0.1 Colonial 3,940 0.14 5 4-1
- 90 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 528 0.09 2 1-
- 94 Pleasant Street 6/11/1998 $3,000,000 0.1 Dormitory 1,050 0.14 4 4-
- 88 Pleasant Street 6/11/1998 $3,000,000 0.1 Ranch 936 0.14 2 1-
- 92 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 775 0.07 2 1-
- 114 Orange Street $0 0.1 Vacant Land 0.58 -
- 86 Pleasant Street 3/31/2021 $0 0.1 Bungalow 830 0.11 2 1-
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 8-R Back Street 4/26/2021 $0 0.1 Colonial 2,589 0.23 3 3-
- 84 Pleasant Street $0 0.1 Cape Cod 1,063 0.11 2 1-
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 102 Orange Street 8/8/2022 $0 0.1 Colonial 2,352 0.12 3 2-
- 82 Pleasant Street 4/25/2005 $472,500 0.1 Colonial 1,323 0.14 3 3-1
- 80 Pleasant Street 9/20/2019 $975,000 0.1 Custom Built 2,248 0.31 3 3-1
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 4 Camelia Lane 8/5/2020 $0 0.1 Colonial 2,208 0.13 3 3-
- 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
- 129 Orange Street 12/27/2021 $6,000,000 0.1 Aptovrret/Off 6,000 0.49 2 2-
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
- 100 Orange Street 8/8/2022 $0 0.1 Vacant Land 0.12 -
- 2 Camelia Lane 1/3/2017 $695,000 0.1 Colonial 5,244 0.12 7 6-2
- 122 Orange Street 8/29/1996 $0 0.1 Outbuildings 0.12 -
- 78 Pleasant Street 1/20/2015 $2,125,000 0.1 Colonial 4,440 0.14 5 5-1
- 10 Back Street 10/18/2013 $737,000 0.1 Family Conver. 1,792 0.1 3 2-1
- 85 Pleasant Street 1/23/2018 $0 0.1 Vacant Land 0.14 -
- 100 Pleasant Street $0 0.1 Branch Bank 5,042 1.3 0 2-
- 98 Orange Street 8/18/2005 $1,300,000 0.1 Conventional 1,511 0.12 3 3-1
- 12 Back Street 9/27/2022 $0 0.1 Colonial 2,328 0.17 5 4-
- 1 Goose Pond Lane 8/29/1996 $0 0.1 Colonial 2,424 0.07 4 3-1
- 124 Orange Street 12/14/2011 $0 0.1 Conventional 1,221 0.12 3 1-
- 85 Union Street 8/8/2022 $0 0.1 Outbuildings 0.21 -
- 69 Pleasant Street 1/21/1994 $143,000 0.1 Cape Cod 1,438 0.12 4 2-
- 76 Pleasant Street 6/28/2021 $965,000 0.1 Antique 979 0.12 2 1-
- 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 2 Williams Lane 1/23/2018 $0 0.1 Store 3,220 0.16 0 2-
- 87 Pleasant Street 4/1/2015 $0 0.1 Family Duplex 2,128 0.17 4 3-
- 6 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.94 -
- 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
- 126 Orange Street 2/19/1988 $0 0.1 Antique 1,302 0.11 4 1-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 5 Back Street 10/3/2018 $0 0.1 Cottage 408 0.05 1 1-
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
- 7 Back Street 11/25/2015 $0 0.1 Bungalow 672 0.14 2 1-
- 128 Orange Street 8/22/2008 $23,769,700 0.1 Cape Cod 1,040 0.05 3 1-
- 4 Spruce Street 8/29/1996 $0 0.1 Raised Ranch 1,768 0.08 3 1-
- 14 Back Street 9/27/2022 $0 0.1 Bungalow 1,790 0.12 3 1-
- 89 Pleasant Street $0 0.1 Four Family 2,575 0.35 4 4-
- 65 Pleasant Street 5/10/2001 $0 0.1 Colonial 1,350 0.25 4 2-
- 7 Back Street-Lot 653 10/18/2024 $4,395,000 0.1 Colonial 2,954 0.12 4 3-1
- 3 Spruce Street 10/10/2017 $0 0.1 Vacant Land 0.02 -
- 9 Back Street-Lot 652 1/19/2007 $1,000,000 0.1 Vacant Land 0.12 -
- 16 Back Street 8/29/2024 $3,295,000 0.1 Antique 2,946 0.12 4 3-
Averages 4240 days $1,223,424 0.08 --- 1,693 0.22 --- ---  
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
55 384 8 Cherry Street