4 Cherry Street, Nantucket, MA 02554

4 Cherry Street Nantucket MA 02554
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Owner Information
Owner 1
Kristine Mortensen
Owner 2
Owner's Address
4 Cherry St Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/25/2019
Previous sale date
06/07/2016
Transfer document #
01722-0085
Previous transfer document
01542-0147
Grantor
4 Cherry Street LLC
Previous grantor
Richmond Great Point Dev LLC
Most recent sale price
$865,000.00
Previous sale price
$850,000.00
Site Information
Property ID
55-387
Lot Size
0.18
Use Code
109 - Multiple Houses on one parcel
Zoning
CMI
Building Style
Bungalow
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1939
Number of full baths
1
Condition
Number of half baths
Finished Area
868
Number of Kitchen
Gross Living Area
1216
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
$612,900.00
Total value
$1,219,200.00
Building value
$606,300.00
Estimated tax
$3,816.00
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 4 Cherry Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $996.54 Style Bungalow Age 1939 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 1216 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $606,300.00 AEM Value - Land $612,900.00 AEM Value - Other $0.00 AEM Value - Total $1,219,200.00
A) 63 Cato Lane 0.9 6/26/2024 $1,950,000 719 1 $2712.10 Bungalow 1940 1 1 719 None 0.52 Asph/F Gls/Cmp $1,276,200 $655,900 $0 $1,932,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Cherry Street 11/25/2019 $865,000 0 Bungalow 868 0.18 2 1- -
  Criteria
A 63 Cato Lane 6/26/2024 $1,950,000 0.9 Bungalow 719 0.52 1 1-
Averages 2 days $1,950,000 0.86 --- 719 0.52 --- ---  

Estimation of Market Value - $1,792,299

As of today, 06/27/2024, the estimated market value of 4 Cherry Street, Nantucket considering the above 1 comparable properties is $1,792,299.

 

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
@ 4 Cherry Street 11/25/2019 $865,000 0 Bungalow 868 0.18 2 1- -
  Criteria
A 119 Orange Street 1/5/2018 $0 0.0 Antique 1,452 0.07 4 2-
B 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.0 Conventional 903 0.21 2 1-
C 121 Orange Street 3/1/2024 $800,000 0.0 Antique 1,574 0.3 3 1-
D 117 Orange Street 10/20/2020 $875,000 0.0 Store 1,879 0.12 0 1-
E 1 Cherry Street 10/8/2014 $0 0.0 Fast Food 384 0.12 0 2-
F 3-B Cherry Street 6/7/2013 $250,000 0.0 Vacant Land 0.07 -
G 6 Cherry Street 5/13/2016 $1,315,000 0.0 Colonial 1,821 0.13 3 3-
H 112 Orange Street $0 0.0 Vacant Land 0.11 -
I 5 Bear Street 7/3/2003 $80,000 0.0 Colonial 1,974 0.21 2 2-1
J 3 Bear Street 12/19/2023 $1,590,000 0.0 Antique 2,867 0.2 3 2-
K 125 Orange Street 5/31/2019 $2,405,000 0.0 Aptovrret/Off 3,483 0.18 1 2-1
L 5 Cherry Street 11/19/2020 $1,150,000 0.0 Antique 972 0.08 2 2-
M 114 Orange Street $0 0.0 Vacant Land 0.58 -
N 5 Madison Court 3/13/2020 $0 0.0 Family Duplex 2,672 0.24 5 5-2
O 3 Madison Court 1/21/2014 $10,730,000 0.0 Family Duplex 2,672 0.12 5 4-
P 115 Orange Street 7/7/1998 $0 0.0 Store 3,146 0.45 -
Q 8 Cherry Street 12/8/2017 $900,000 0.0 Antique 1,472 0.14 4 2-
R 104 Orange Street 1/16/2019 $0 0.0 Bungalow 888 0.1 2 1-
S 7 Cherry Street 9/16/2008 $0 0.0 Outbuildings 0.11 -
T 113 Orange Street 10/19/2005 $0 0.0 Bungalow 1,399 0.12 2 1-
U 1 Madison Court 7/8/2004 $2,000,000 0.1 Family Duplex 2,964 0.12 6 5-
V 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
W 127 Orange Street 4/6/2004 $400,000 0.1 Aptovrret/Off 5,431 0.46 4 4-
X 9 Cherry Street 12/28/2023 $100,000 0.1 Ranch 1,232 0.15 3 1-
Y 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
Z 11 Bear Street 12/21/2020 $0 0.1 Ranch 1,345 0.3 3 2-
- 3 Williams Street 11/22/2011 $350,000 0.1 Colonial 2,100 0.2 4 3-
- 14 Cherry Street 1/19/2011 $325,000 0.1 Ranch 937 0.21 2 1-
- 16 Williams Street 5/2/2023 $1,734,000 0.1 Bungalow 1,048 0.17 2 1-1
- 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
- 1 Goose Pond Lane 8/29/1996 $0 0.1 Colonial 2,424 0.07 4 3-1
- 102 Orange Street 8/8/2022 $0 0.1 Colonial 2,352 0.12 3 2-
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 13-R Bear Street 9/30/2013 $675,000 0.1 Condominium 1,496 0 4 2-1
- 6 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.94 -
- 122 Orange Street 8/29/1996 $0 0.1 Outbuildings 0.12 -
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 13 Bear Street 2/11/2019 $0 0.1 Condominium 784 0 2 1-
- 124 Orange Street 12/14/2011 $0 0.1 Conventional 1,221 0.12 3 1-
- 100 Orange Street 8/8/2022 $0 0.1 Vacant Land 0.12 -
- 129 Orange Street 12/27/2021 $6,000,000 0.1 Aptovrret/Off 6,000 0.49 2 2-
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 4 Spruce Street 8/29/1996 $0 0.1 Raised Ranch 1,768 0.08 3 1-
- 16 Cherry Street 8/31/2020 $0 0.1 Cape Cod 2,035 0.14 6 3-
- 85 Union Street 8/8/2022 $0 0.1 Outbuildings 0.21 -
- 18 Williams Street 12/20/2022 $2,000,000 0.1 Family Conver. 1,788 0.18 5 3-
- 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 126 Orange Street 2/19/1988 $0 0.1 Antique 1,302 0.11 4 1-
- 98 Orange Street 8/18/2005 $1,300,000 0.1 Conventional 1,511 0.12 3 3-1
- 15 Bear Street 3/9/2015 $0 0.1 Cape Cod 1,303 0.12 3 1-1
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 128 Orange Street 8/22/2008 $23,769,700 0.1 Cape Cod 1,040 0.05 3 1-
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 3 Spruce Street 10/10/2017 $0 0.1 Vacant Land 0.02 -
- 11 Williams Street 5/16/2002 $250,000 0.1 Cape Cod 3,063 0.2 4 2-
- 8 Spruce Street 9/27/1996 $375,000 0.1 Colonial 3,041 0.62 3 4-
- 5 Spruce Street 10/10/2017 $0 0.1 Ranch 1,512 0.07 4 1-1
- 2 Spring Street 7/23/2002 $0 0.1 Ranch 2,349 0.27 3 4-
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 20 Cherry Street 6/11/1998 $3,000,000 0.1 Service Shop 3,108 1.13 0 2-
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 13 Kimberly Way 1/27/2014 $2,100,000 0.1 Colonial 4,964 0.28 5 5-1
- 15 Cherry Street 7/28/1993 $50,000 0.1 Clubs/Lodges 2,150 0.31 0 2-
- 7 Spring Street 12/11/2015 $1,200,000 0.1 Antique 1,306 0.06 2 1-1
- 8-R Back Street 4/26/2021 $0 0.1 Colonial 2,589 0.23 3 3-
- 134 Orange Street 8/22/2008 $23,769,700 0.1 Warehouse 16,893 2.36 0 1-
- 3 Spring Street 3/28/2022 $2,065,000 0.1 Colonial 1,240 0.17 3 1-1
- 5 Goose Pond Lane 4/29/1992 $470,000 0.1 Antique 3,500 0.32 4 5-
- 0 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.18 -
- 94 Orange Street 10/20/2014 $1,456,000 0.1 Antique 2,150 0.11 4 6-
- 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
- 1-A Spring Street 2/18/2016 $1,300,000 0.1 Conventional 840 0.06 2 1-
- 5 Kimberly Way 9/23/2020 $2,450,000 0.1 Colonial 3,940 0.14 5 4-1
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
- 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
- 79 Union Street 4/12/2011 $1,100,000 0.1 Cape Cod 2,128 0.13 5 2-1
- 5 Back Street 10/3/2018 $0 0.1 Cottage 408 0.05 1 1-
- 0 Consue Springs 7/27/2018 $0 0.1 Outbuildings 0.77 -
- 94 Pleasant Street 6/11/1998 $3,000,000 0.1 Dormitory 1,050 0.14 4 4-
- 4 Camelia Lane 8/5/2020 $0 0.1 Colonial 2,208 0.13 3 3-
- 10 Beaver Street 5/24/2021 $1,935,000 0.1 Cape Cod 1,231 0.1 3 2-
- 90 Orange Street 6/12/2019 $0 0.1 Antique 1,861 0.14 3 3-1
- 8 Beaver Street 9/8/2010 $0 0.1 Conventional 1,442 0.12 3 3-1
- 90 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 528 0.09 2 1-
- 10 Spruce Street 10/31/2019 $0 0.1 Cape Cod 1,276 0.19 3 2-
- 88 Pleasant Street 6/11/1998 $3,000,000 0.1 Ranch 936 0.14 2 1-
- 10 Back Street 10/18/2013 $737,000 0.1 Family Conver. 1,792 0.1 3 2-1
- 92 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 775 0.07 2 1-
- 7 Back Street 11/25/2015 $0 0.1 Bungalow 672 0.14 2 1-
Averages 4281 days $1,440,712 0.08 --- 1,743 0.24 --- ---  
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
55 387 4 Cherry Street