28 New Street, Nantucket, MA 02554

Owner Information
Owner 1
Peter Weiner & Jill
Owner 2
Owner's Address
4740 South Ocean Blvd Apt 101 Highland Beach, FL 33487
Market Sale Information
Most recent sale date
4/3/2012
Previous sale date
12/28/2011
Transfer document #
01321-0053
Previous transfer document
01307-0185
Grantor
Kenneth W Fontaine
Previous grantor
Cholakit Holdings LLC
Most recent sale price
$1,025,000.00
Previous sale price
$0.00
Site Information
Property ID
55-629
Lot Size
0.13
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2003
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2076
Number of Kitchen
Gross Living Area
4068
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$808,500.00
Total value
$1,777,500.00
Building value
$969,000.00
Estimated tax
$5,563.00
Yard improvement value
$0.00
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 28 New Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $493.74 Style Colonial Age 2003 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4068 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.13 Roof Cover Asph/F Gls/Cmp AEM Value - Building $969,000.00 AEM Value - Land $808,500.00 AEM Value - Other $0.00 AEM Value - Total $1,777,500.00
A) 7 Yompasham Lane 0.3 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
B) 8 Essex Road 0.4 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
C) 121 Orange Street 0.5 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
D) 16 Polliwog Pond Road 0.5 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
E) 8 Luff Road 0.6 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
F) 38 Pine Street 0.7 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) 1 Farmer Street 0.8 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
H) 108 Main Street 0.9 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 28 New Street 4/3/2012 $1,025,000 0 Colonial 2,076 0.13 3 2-1 -
  Criteria
A 7 Yompasham Lane 2/14/2024 $2,262,500 0.3 Conventional 1,878 0.25 3 3-
B 8 Essex Road 5/15/2024 $1,900,000 0.4 Colonial 1,872 0.31 3 3-
C 121 Orange Street 3/1/2024 $800,000 0.5 Antique 1,574 0.3 3 1-
D 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.5 Cape Cod 1,830 0.24 5 2-
E 8 Luff Road 5/9/2024 $1,900,000 0.6 Ranch 1,894 0.36 3 2-
F 38 Pine Street 1/31/2024 $2,225,000 0.7 Antique 1,707 0.07 3 1-1
G 1 Farmer Street 5/10/2024 $3,600,000 0.8 Antique 2,430 0.06 3 3-1
H 108 Main Street 3/19/2024 $4,500,000 0.9 Antique 2,005 0.17 6 4-1
Averages 106 days $2,429,688 0.60 --- 1,899 0.22 --- ---  

Estimation of Market Value - $2,374,274

As of today, 07/02/2024, the estimated market value of 28 New Street, Nantucket considering the above 8 comparable properties is $2,374,274.

 

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
  • 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
@ 28 New Street 4/3/2012 $1,025,000 0 Colonial 2,076 0.13 3 2-1 -
  Criteria
A 21 Backus Lane 11/16/2001 $0 0.0 Vacant Land 0.95 -
B 17 Backus Lane 12/28/2000 $800,000 0.0 Vacant Land 1.27 -
C 25 Backus Lane 11/19/2001 $0 0.1 Vacant Land 0.98 -
D 0 Backus Lane-Rear 12/28/2000 $530,000 0.1 Vacant Land 4.75 -
E 9 Backus Lane 3/25/2019 $0 0.1 Vacant Land 6.86 -
F 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
G 14 First Way 8/12/1999 $0 0.1 Ranch 1,384 0.57 4 1-
H 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
I 8 Fourth Way 2/17/2010 $0 0.1 Colonial 1,636 0.36 3 2-1
J 25 Allens Lane 11/5/2012 $694,500 0.1 Ranch 2,414 0.34 4 3-1
K 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
L 10 Backus Lane 12/29/1995 $500,000 0.1 Skating Rink 34,145 3.84 0 8-
M 12 First Way 7/13/2015 $0 0.1 Colonial 1,917 0.38 2 2-1
N 0 Surfside Road $0 0.1 Vacant Land 0.84 -
O 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
P 7 Fifth Way 2/21/1992 $1 0.1 Colonial 2,038 0.15 3 2-
Q 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
R 19 First Way 12/31/2008 $0 0.1 Family Duplex 1,638 0.24 4 3-
S 27 Allens Lane 7/10/2018 $0 0.1 Colonial 3,608 0.26 5 4-
T 6 First Way 11/1/2016 $2,400,000 0.1 Colonial 1,407 0.12 3 2-1
U 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
V 29 Allens Lane 3/28/2021 $0 0.1 Ranch 1,144 0.3 3 1-1
W 24 Allens Lane 8/18/2017 $0 0.1 Vacant Land 0.24 -
Averages 5005 days $388,630 0.09 --- 2,701 1.04 --- ---  
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
55 629 28 New Street