8 Cherry Street, Nantucket, MA 02554

8 Cherry Street Nantucket MA 02554
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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
2024
Land Value
$485,700.00
Total value
$1,086,300.00
Building value
$600,600.00
Estimated tax
$3,400.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 8 Cherry Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $611.41 Style Antique Age 1850 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 2410 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.14 Roof Cover Asph/F Gls/Cmp AEM Value - Building $600,600.00 AEM Value - Land $485,700.00 AEM Value - Other $0.00 AEM Value - Total $1,086,300.00
A) 9 Cherry Street 0.0 12/28/2023 $100,000 1,232 1 $81.17 Ranch 1975 3 1 1232 Forced Air-Duc 0.15 Asph/F Gls/Cmp $481,800 $486,300 $0 $968,100
B) 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
C) 1 Back Street 0.1 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
D) 3 Back Street 0.1 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
E) 4 York Street 0.2 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
F) 38 Pine Street 0.4 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
G) 31 Surfside Road 0.4 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 0.6 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) 149 Main Street 0.8 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
@ 8 Cherry Street 12/8/2017 $900,000 0 Antique 1,472 0.14 4 2- -
  Criteria
A 9 Cherry Street 12/28/2023 $100,000 0.0 Ranch 1,232 0.15 3 1-
B 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
C 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
D 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
E 4 York Street 3/28/2024 $2,175,000 0.2 Antique 1,489 0.07 3 2-
F 38 Pine Street 1/31/2024 $2,225,000 0.4 Antique 1,707 0.07 3 1-1
G 31 Surfside Road 5/23/2024 $2,125,000 0.4 Cape Cod 1,404 0.15 3 2-
H 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.6 Cape Cod 1,830 0.24 5 2-
I 149 Main Street 5/17/2024 $4,225,000 0.8 Conventional 1,698 0.14 3 1-1
Averages 127 days $2,188,889 0.30 --- 1,533 0.15 --- ---  

Estimation of Market Value - $1,814,509

As of today, 06/27/2024, the estimated market value of 8 Cherry Street, Nantucket considering the above 9 comparable properties is $1,814,509.

 

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
Mailing Labels
  • 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
@ 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 11/19/2020 $1,150,000 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 10/8/2014 $0 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 3/9/2015 $0 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 9/30/2022 $2,645,000 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 4/6/2005 $1,450,000 0.1 Antique 2,946 0.12 4 3-
Averages 4118 days $1,150,635 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