162 Orange Street, Nantucket, MA 02554

162 Orange Street Nantucket MA 02554
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Owner Information
Owner 1
Nantucket Islands Land Bank
Owner 2
Owner's Address
22 Broad St Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/26/2005
Previous sale date
12/20/2002
Transfer document #
00979-0190
Previous transfer document
00793-0035
Grantor
Albert Ottison
Previous grantor
Albert Ottison
Most recent sale price
$12,400,000.00
Previous sale price
$0.00
Site Information
Property ID
55-62
Lot Size
1.19
Use Code
992 - Improved, County or Regional, Deeds or Administration
Zoning
LUG1
Building Style
Ranch
Number of Rooms
Stories
2
Number of Beds
2
Year Built
1971
Number of full baths
1
Condition
Number of half baths
Finished Area
850
Number of Kitchen
1
Gross Living Area
2990
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plywood Panel
Floor type
Carpet
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
$5,851,800.00
Total value
$5,851,800.00
Building value
$0.00
Estimated tax
$31,014.00
Yard improvement value
$0.00
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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 162 Orange Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $14,588.24 Style Ranch Age 1971 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 2990 Heating Fuel Electr Basebrd Detached Garage Lot Size 1.19 Roof Cover Asph/F Gls/Cmp AEM Value - Building $0.00 AEM Value - Land $5,851,800.00 AEM Value - Other $0.00 AEM Value - Total $5,851,800.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 162 Orange Street 9/26/2005 $12,400,000 0 Ranch 850 1.19 2 1- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 162 Orange Street 9/26/2005 $12,400,000 0 Ranch 850 1.19 2 1- -
  Criteria
A 170 Orange Street 9/26/2005 $12,400,000 0.0 Commercial 974 0.17 2 1-
B 160 Orange Street 9/26/2005 $12,400,000 0.1 Cottage 549 5.26 1 1-
C 163 Orange Street 2/14/2023 $2,350,000 0.1 Family Conver. 2,607 0.14 4 5-1
D 167 Orange Street 6/25/2019 $0 0.1 Aptovrret/Off 2,376 0.18 2 1-1
E 161 Orange Street 6/15/2007 $0 0.1 Ranch 1,377 0.26 3 1-
F 165 Orange Street 6/6/2017 $0 0.1 Colonial 1,688 0.31 3 2-1
G 174 Orange Street 6/12/2019 $9,000,000 0.1 Antique 5,035 6.93 -
H 171 Orange Street 10/14/2021 $0 0.1 Antique 2,771 0.79 5 3-
I 175 Orange Street 12/3/2018 $0 0.1 Colonial 3,160 0.23 4 3-1
J 4 West Creek Road 6/12/2012 $0 0.1 Restaurant 4,440 0.27 5 4-
K 159 Orange Street $0 0.1 Office Bldg 560 0.27 0 2-
L 0 Orange Street 1/7/1992 $0 0.1 Vacant Land 0.05 -
M 158 Orange Street 1/28/2009 $5,000,000 0.1 Vacant Land 1.4 -
N 1 Sparks Avenue 5/27/2022 $2,700,000 0.1 Restaurant 1,152 0.22 0 2-
O 1 West Creek Road 1/30/2004 $500,000 0.1 Office Bldg 717 0.13 0 1-
P 3 Sparks Avenue 12/3/2018 $0 0.1 Office Bldg 422 0.17 0 0-
Q 3 West Creek Road 4/1/2011 $790,000 0.1 Aptovrret/Off 2,274 0.13 2 2-
R 2 Milestone Road 6/12/2019 $9,000,000 0.1 Vacant Land 1.7 -
S 8 West Creek Road 1/25/2006 $0 0.1 Aptovrret/Off 2,692 0.14 4 3-1
T 156 Orange Street 10/5/2015 $0 0.1 Colonial 4,780 1.28 5 4-1
U 149 Orange Street 8/11/2005 $1,550,000 0.1 Aptovrret/Off 3,056 0.28 2 2-
V 5 Sparks Avenue 8/10/2017 $2,085,000 0.1 Aptovrret/Off 3,168 0.23 2 4-
W 5 West Creek Road 4/6/2021 $2,388,000 0.1 Fast Food 1,240 0.14 0 -1
X 144 Pleasant Street 6/10/1998 $700,000 0.1 Post Office 7,460 0.41 -
Y 140 Pleasant Street 6/10/1998 $700,000 0.1 Family Duplex 2,304 0.4 4 2-
Z 15 Sparks Avenue 8/31/1999 $1,550,000 0.1 Branch Bank 3,589 0.59 0 1-
- 10 West Creek Road 12/21/2016 $1 0.1 Ranch 833 0.28 1 1-
- 0 Milestone Road 11/2/2020 $1,331,632 0.1 Light Indust 4,572 0.26 0 2-
- 7 West Creek Road 4/6/2021 $2,388,000 0.1 Family Duplex 2,736 0.12 4 2-1
- 9 Sparks Avenue 8/11/2006 $2,175,000 0.1 Store 3,042 0.35 0 2-
- 147 Orange Street 1/2/2019 $2,000,000 0.1 Aptovrret/Off 4,218 0.44 2 2-
- 145 Orange Street $0 0.1 Ranch 1,752 0.19 4 1-
- 147-R Orange Street 8/11/2005 $850,000 0.1 Cape Cod 1,344 0.11 4 2-
- 4 Sparks Avenue 11/19/2021 $0 0.1 Commercial 970 0.26 2 1-
- 11 West Creek Road 2/20/2015 $0 0.1 Restaurant 1,416 0.27 0 2-
Averages 4315 days $2,053,075 0.09 --- 2,265 0.7 --- ---  
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 62 162 Orange Street