8 Spruce Street, Nantucket, MA 02554

8 Spruce Street Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Shane Richard Valero
Owner 2
Poverty Point Realty Trust
Owner's Address
1 Goose Pond Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/27/1996
Previous sale date
09/25/1996
Transfer document #
00516-0032
Previous transfer document
00515-0316
Grantor
Richard J McCready
Previous grantor
Arthur J Halleran
Most recent sale price
$375,000.00
Previous sale price
$0.00
Site Information
Property ID
55-413
Lot Size
0.62
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2000
Number of full baths
4
Condition
Number of half baths
Finished Area
3041
Number of Kitchen
1
Gross Living Area
5920
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$2,376,900.00
Total value
$4,070,100.00
Building value
$1,693,200.00
Estimated tax
$13,349.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
3 Cornish Street17 Lily Street87 Main Street2 Brocks Court8 Spruce Street17 Fair Street10 Milk Street32 Union Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 8 Spruce Street A) 32 Union StreetB) 17 Fair StreetC) 10 Milk StreetD) 87 Main StreetE) 2 Brocks CourtF) 17 Lily StreetG) 3 Cornish Street
Photo
Plan
Map
Proximity 0.40.60.70.70.90.91.0
Last Sold 11/8/202411/4/202411/15/202412/12/20243/14/20251/15/20254/15/2025
Price $5,848,500$4,650,000$4,375,000$4,000,000$5,000,000$4,475,000$3,500,000
Net Living Area 3,3663,3013,3522,6282,6212,5322,739
Stories 2.7522.52.51.7522
Sale Price/sft $123.31$1737.52$1408.66$1305.19$1522.07$1907.67$1767.38$1277.84
Style ColonialAntiqueAntiqueAntiqueAntiqueAntiqueColonialCape Cod
Age 20001786182018501830180019892006
Rooms
Bedrooms 35553445
Full baths 45343534
Half baths 111111
Gross Living Area 59204384570066685296500438343380
Heating Fuel Forced Air-DucRadiantHot WaterHot WaterHot WaterHot WaterForced Air-DucForced Air-Duc
Detached Garage
Lot Size 0.620.120.110.10.060.420.120.12
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,693,200.00$2,882,200$2,262,100$2,556,000$2,161,500$2,409,400$1,899,400$1,097,800
AEM Value - Land $2,376,900.00$2,180,300$2,168,500$2,035,700$1,658,000$1,576,575$1,544,300$2,201,300
AEM Value - Other $0.00$0$0$0$0$0$0$0
AEM Value - Total $4,070,100.00$5,062,500$4,430,600$4,591,700$3,819,500$3,985,975$3,443,700$3,299,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Spruce Street 9/27/1996 $375,000 0 Colonial 3,041 0.62 3 4- -
  Criteria
A 32 Union Street 11/8/2024 $5,848,500 0.4 Antique 3,366 0.12 5 5-1
B 17 Fair Street 11/4/2024 $4,650,000 0.6 Antique 3,301 0.11 5 3-1
C 10 Milk Street 11/15/2024 $4,375,000 0.7 Antique 3,352 0.1 5 4-1
D 87 Main Street 12/12/2024 $4,000,000 0.7 Antique 2,628 0.06 3 3-
E 2 Brocks Court 3/14/2025 $5,000,000 0.9 Antique 2,621 0.42 4 5-1
F 17 Lily Street 1/15/2025 $4,475,000 0.9 Colonial 2,532 0.12 4 3-1
G 3 Cornish Street 4/15/2025 $3,500,000 1.0 Cape Cod 2,739 0.12 5 4-1
Averages 117 days $4,549,786 0.72 --- 2,934 0.15 --- ---  

Estimation of Market Value - $4,621,322

As of today, 04/29/2025, the estimated market value of 8 Spruce Street, Nantucket considering the above 7 comparable properties is $4,621,322.

 

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
Subject Property3 Spruce Street114 Orange Street112 Orange Street84 Union Street84-R Union Street1 Cherry Street121 Orange Street6 Cherry Street-Lot 386128 Orange Street104 Orange Street126 Orange Street5 Spruce Street4 Cherry Street5 Bear Street119 Orange Street117 Orange Street3 Bear Street86 Union Street135 Orange Street6 Cherry Street90 Union Street125 Orange Street10 East Creek Road129 Orange Street8 Spruce Street127 Orange Street138 Orange 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 Spruce Street 9/27/1996 $375,000 0 Colonial 3,041 0.62 3 4- -
  Criteria
A 4 Spruce Street 8/29/1996 $0 0.0 Raised Ranch 1,768 0.08 3 1-
B 6 Goose Pond Lane 1/12/2001 $0 0.0 Vacant Land 0.94 -
C 1 Goose Pond Lane 8/29/1996 $0 0.0 Colonial 2,424 0.07 4 3-1
D 5 Goose Pond Lane 4/29/1992 $470,000 0.0 Antique 3,500 0.32 4 5-
E 10 Spruce Street 10/31/2019 $0 0.0 Cape Cod 1,276 0.19 3 2-
F 5 Spruce Street 10/10/2017 $0 0.0 Ranch 1,512 0.07 4 1-1
G 3 Spruce Street 10/10/2017 $0 0.0 Vacant Land 0.02 -
H 0 Goose Pond Lane 1/12/2001 $0 0.0 Vacant Land 0.18 -
I 122 Orange Street 8/29/1996 $0 0.0 Outbuildings 0.12 -
J 124 Orange Street 12/14/2011 $0 0.0 Conventional 1,221 0.12 3 1-
K 126 Orange Street 2/19/1988 $0 0.0 Antique 1,302 0.11 4 1-
L 134 Orange Street 8/22/2008 $23,769,700 0.0 Warehouse 16,893 2.36 0 1-
M 128 Orange Street 8/22/2008 $23,769,700 0.0 Cape Cod 1,040 0.05 3 1-
N 127 Orange Street 4/6/2004 $400,000 0.1 Aptovrret/Off 5,431 0.46 4 4-
O 114 Orange Street $0 0.1 Vacant Land 0.58 -
P 125 Orange Street 5/31/2019 $2,405,000 0.1 Aptovrret/Off 3,483 0.18 1 2-1
Q 129 Orange Street 12/27/2021 $6,000,000 0.1 Aptovrret/Off 6,000 0.49 2 2-
R 6 Harbor Terrace 11/15/2012 $1,750,000 0.1 Cape Cod 1,865 0.2 4 2-
S 9 Harbor Terrace 8/22/2008 $23,769,700 0.1 Outbuildings 0.14 -
T 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
U 138 Orange Street 8/22/2008 $23,769,700 0.1 Store 3,256 1.47 0 1-
V 12 East Creek Road 11/1/2010 $3,500,000 0.1 Colonial 1,696 0.86 4 3-2
W 112 Orange Street $0 0.1 Vacant Land 0.11 -
X 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
Y 3 Bear Street 12/19/2023 $1,590,000 0.1 Antique 2,867 0.2 3 2-
Z 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 4 Cherry Street 11/25/2019 $865,000 0.1 Bungalow 868 0.18 2 1-
- 10 East Creek Road 8/9/2007 $0 0.1 Conventional 1,146 0.15 3 2-
- 5 Bear Street 7/3/2003 $80,000 0.1 Colonial 1,974 0.21 2 2-1
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 4 Harbor Terrace 11/1/2010 $3,500,000 0.1 Cape Cod 2,890 0.27 5 5-
- 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 1 Madison Court 7/8/2004 $2,000,000 0.1 Family Duplex 2,964 0.12 6 5-
- 137-A Orange Street 8/22/2003 $380,000 0.1 Aptovrret/Off 2,520 0.13 2 2-
- 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.1 Conventional 903 0.21 2 1-
- 3 Madison Court 1/21/2014 $10,730,000 0.1 Family Duplex 2,672 0.12 5 4-
- 1 Cherry Street 8/29/2024 $1,150,000 0.1 Fast Food 384 0.12 0 2-
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
- 16 East Creek Road 6/21/2010 $2,650,000 0.1 Vacant Land 0.3 -
- 0 Washington Street 3/25/2019 $480,000 0.1 Vacant Land 13.85 -
- 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 5 Madison Court 3/13/2020 $0 0.1 Family Duplex 2,672 0.24 5 5-2
- 6 Cherry Street 5/13/2016 $1,315,000 0.1 Colonial 1,821 0.13 3 3-
- 135 Orange Street 7/7/2020 $1,500,000 0.1 Vacant Land 0.33 -
Averages 5063 days $3,135,196 0.08 --- 1,825 0.65 --- ---  
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
55 413 8 Spruce Street