2 Spring Street, Nantucket, MA 02554

2 Spring Street Nantucket MA 02554
Owner Information
Owner 1
William Q Maclean Jr
Owner 2
The Maclean Nominee Trust
Owner's Address
P O Box 230 Fairhaven, MA 02719
Market Sale Information
Most recent sale date
7/23/2002
Previous sale date
11/14/2001
Transfer document #
00766-0319
Previous transfer document
00722-0269
Grantor
William Q Maclean
Previous grantor
William Q Maclean
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
5514-16
Lot Size
0.27
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Ranch
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1930
Number of full baths
4
Condition
Number of half baths
Finished Area
2349
Number of Kitchen
1
Gross Living Area
2892
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,028,100.00
Total value
$2,355,400.00
Building value
$1,327,300.00
Estimated tax
$7,372.00
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 2 Spring Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1930 Rooms Bedrooms 3 Full baths 4 Half baths Gross Living Area 2892 Heating Fuel Hot Water Detached Garage Lot Size 0.27 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,327,300.00 AEM Value - Land $1,028,100.00 AEM Value - Other $0.00 AEM Value - Total $2,355,400.00
A) 101 Orange Street 0.1 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
B) 6 West Dover Street 0.2 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
C) 45 Fair Street 0.3 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
D) 1 Farmer Street 0.3 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
E) 17 Pleasant Street 0.4 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
F) 8 Essex Road 0.9 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
G) 25 Willard Street 1.0 9/17/2024 $5,650,000 1,993 1.75 $2834.92 Conventional 1900 5 5 1 3808 None 0.46 Asph/F Gls/Cmp $1,052,700 $2,314,200 $0 $3,366,900
H) 24 Walsh Street 1.0 9/6/2024 $6,350,000 2,758 2.5 $2302.39 Antique 1840 5 5 1 3742 Forced Air-Duc 0.11 Wood Shingle $2,136,900 $2,197,500 $0 $4,334,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Spring Street 7/23/2002 $0 0 Ranch 2,349 0.27 3 4- -
  Criteria
A 101 Orange Street 9/9/2024 $3,150,000 0.1 Antique 2,533 0.19 4 3-1
B 6 West Dover Street 7/18/2024 $2,130,000 0.2 Antique 2,321 0.14 4 1-
C 45 Fair Street 5/8/2024 $4,800,000 0.3 Custom Built 2,854 0.07 4 4-1
D 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
E 17 Pleasant Street 7/5/2024 $3,715,000 0.4 Antique 2,100 0.09 2 3-
F 8 Essex Road 5/15/2024 $1,900,000 0.9 Colonial 1,872 0.31 3 3-
G 25 Willard Street 9/17/2024 $5,650,000 1.0 Conventional 1,993 0.46 5 5-1
H 24 Walsh Street 9/6/2024 $6,350,000 1.0 Antique 2,758 0.11 5 5-1
Averages 79 days $3,911,875 0.52 --- 2,358 0.18 --- ---  

Estimation of Market Value - $3,570,136

As of today, 09/28/2024, the estimated market value of 2 Spring Street, Nantucket considering the above 8 comparable properties is $3,570,136.

 

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
@ 2 Spring Street 7/23/2002 $0 0 Ranch 2,349 0.27 3 4- -
  Criteria
A 1-A Spring Street 2/18/2016 $1,300,000 0.0 Conventional 840 0.06 2 1-
B 79 Union Street 4/12/2011 $1,100,000 0.0 Cape Cod 2,128 0.13 5 2-1
C 3 Spring Street 3/28/2022 $2,065,000 0.0 Colonial 1,240 0.17 3 1-1
D 86 Union Street 4/28/2006 $1,375,000 0.0 Outbuildings 0.46 -
E 85 Union Street 8/8/2022 $0 0.0 Outbuildings 0.21 -
F 4 Beaver Street 4/12/2012 $1,595,000 0.0 Colonial 2,411 0.1 4 4-1
G 7 Spring Street 12/11/2015 $1,200,000 0.0 Antique 1,306 0.06 2 1-1
H 2 Beaver Street 1/11/2006 $0 0.0 Antique 1,638 0.19 3 2-
I 82 Union Street 7/22/2013 $605,000 0.0 Antique 1,319 0.08 2 2-
J 6 Beaver Street 9/29/2023 $2,600,000 0.0 Family Duplex 2,901 0.08 5 4-1
K 8 Beaver Street 9/8/2010 $0 0.0 Conventional 1,442 0.12 3 3-1
L 84 Union Street 7/27/2018 $0 0.0 Vacant Land 0.87 -
M 100 Orange Street 8/8/2022 $0 0.0 Vacant Land 0.12 -
N 98 Orange Street 8/18/2005 $1,300,000 0.0 Conventional 1,511 0.12 3 3-1
O 102 Orange Street 8/8/2022 $0 0.0 Colonial 2,352 0.12 3 2-
P 94 Orange Street 10/20/2014 $1,456,000 0.0 Antique 2,150 0.11 4 6-
Q 90 Union Street 6/11/2004 $1,300,000 0.0 Vacant Land 0.61 -
R 0 Consue Springs 7/27/2018 $0 0.0 Outbuildings 0.77 -
S 10 Beaver Street 5/24/2021 $1,935,000 0.0 Cape Cod 1,231 0.1 3 2-
T 71 Union Street 1/29/2001 $650,000 0.1 Cottage 381 0.1 1 1-
U 3-A Beaver Street 10/14/2021 $1,900,000 0.1 Antique 2,087 0.06 4 1-
V 5 Beaver Street 3/29/2022 $3,700,000 0.1 Antique 2,974 0.15 4 3-2
W 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
X 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
Y 90 Orange Street 6/12/2019 $0 0.1 Antique 1,861 0.14 3 3-1
Z 76 Union Street 5/16/2022 $0 0.1 Antique 2,188 0.08 4 3-1
- 69 Union Street 8/18/2016 $698,000 0.1 Antique 1,197 0.08 2 2-
- 7 Beaver Street 2/28/2013 $1,275,000 0.1 Antique 1,873 0.11 4 3-
- 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
- 4 Mariner Way 5/31/2022 $5,200,000 0.1 Vacant Land 0.15 -
- 121 Washington Street 10/27/2014 $2,300,000 0.1 Colonial 1,768 0.06 3 2-1
- 9 Beaver Street 1/5/2016 $1,412,500 0.1 Antique 1,870 0.09 3 3-
- 2 Independent Way 5/10/2012 $1,850,000 0.1 Antique 1,623 0.17 4 2-
- 113 Orange Street 10/19/2005 $0 0.1 Bungalow 1,399 0.12 2 1-
- 4 Independent Way 7/15/2022 $0 0.1 Colonial 2,826 0.12 4 2-2
- 88 Orange Street 10/5/2015 $0 0.1 Antique 1,632 0.05 3 1-
- 67 Union Street 9/29/2016 $10 0.1 Antique 2,035 0.08 4 3-
- 72 Union Street 9/9/2021 $1,785,000 0.1 Antique 1,708 0.11 3 3-1
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 6 Independent Way 7/25/2022 $0 0.1 Custom Built 3,232 0.12 4 4-1
- 74 Union Street 9/29/2020 $0 0.1 Conventional 1,468 0.22 3 1-
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 86 Orange Street 5/28/1993 $135,000 0.1 Bungalow 874 0.05 2 1-
- 8 Independent Way 11/4/2014 $2,700,000 0.1 Custom Built 2,781 0.12 4 4-1
- 101 Orange Street 9/9/2024 $3,150,000 0.1 Antique 2,533 0.19 4 3-1
- 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
- 68 Union Street 11/3/2011 $1,155,000 0.1 Antique 2,121 0.18 4 2-1
- 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 114 Orange Street $0 0.1 Vacant Land 0.58 -
- 84 Orange Street 8/20/2019 $0 0.1 Colonial 2,979 0.12 4 5-
- 99 Orange Street 2/28/2000 $442,500 0.1 Antique 1,863 0.06 3 3-
- 115 Orange Street 7/7/1998 $0 0.1 Store 3,146 0.45 -
- 1 Independent Way 12/5/2018 $0 0.1 Cape Cod 1,381 0.09 3 1-
- 68-A Union Street 5/8/1992 $62,000 0.1 Bungalow 520 0.12 2 1-
- 1 Cherry Street 8/29/2024 $1,150,000 0.1 Fast Food 384 0.12 0 2-
- 3 Independent Way 12/28/1995 $0 0.1 Antique 2,537 0.16 5 4-1
- 65 Union Street 11/29/1999 $0 0.1 Antique 1,352 0.07 4 2-
- 70 Union Street 10/23/2014 $1,425,000 0.1 Colonial 3,100 0.15 4 3-1
- 2 New Street 2/24/1997 $0 0.1 Antique 1,166 0.06 3 2-
- 5 Independent Way 2/11/2008 $0 0.1 Colonial 2,304 0.07 5 4-1
- 66 Union Street 9/26/2003 $375,000 0.1 Colonial 1,089 0.07 3 2-1
- 111 Washington Street 8/21/1996 $0 0.1 Vacant Land 0.33 -
- 97 Orange Street 6/28/2021 $0 0.1 Antique 2,577 0.11 4 2-
- 7 Independent Way 11/22/2021 $2,237,625 0.1 Custom Built 1,495 0.05 3 1-1
- 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
- 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
- 3-B Cherry Street 6/7/2013 $250,000 0.1 Vacant Land 0.07 -
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 6 New Street 1/14/2020 $0 0.1 Antique 925 0.06 2 1-
- 82 Orange Street 9/26/2018 $2,800,000 0.1 Antique 3,467 0.12 5 4-1
- 63 Union Street $0 0.1 Conventional 940 0.1 3 2-
- 93 Orange Street 10/5/2001 $825,000 0.1 Antique 2,286 0.05 4 4-1
- 4 Cherry Street 11/25/2019 $865,000 0.1 Bungalow 868 0.18 2 1-
- 5 Back Street 10/3/2018 $0 0.1 Cottage 408 0.05 1 1-
- 3 New Street 9/5/2014 $1,650,000 0.1 Colonial 2,367 0.12 3 2-1
- 64 Union Street 4/25/2007 $0 0.1 Conventional 2,718 0.36 3 2-
- 114 Washington Street 1/30/2017 $0 0.1 Family Conver. 2,312 0.1 5 2-1
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 8 New Street 5/21/2021 $1,455,000 0.1 Antique 1,242 0.06 3 2-
- 91 Orange Street 3/16/2007 $0 0.1 Antique 2,410 0.13 3 2-
- 2 York Street 4/19/2016 $0 0.1 Antique 1,590 0.1 3 2-
- 3 Williams Street 11/22/2011 $350,000 0.1 Colonial 2,100 0.2 4 3-
- 4 York Street 3/28/2024 $2,175,000 0.1 Antique 1,489 0.07 3 2-
- 109 Washington Street 8/21/1996 $0 0.1 Cooperative 576 0.14 2 1-
- 80 Orange Street 7/31/2006 $3,375,000 0.1 Antique 2,938 0.15 5 5-1
- 5 Cherry Street 11/19/2020 $1,150,000 0.1 Antique 972 0.08 2 2-
- 6 York Street 11/28/2023 $2,195,000 0.1 Antique 1,685 0.09 3 3-
- 57 Union Street 12/28/2020 $0 0.1 Antique 2,430 0.1 5 5-5
- 7 Back Street 11/25/2015 $0 0.1 Bungalow 672 0.14 2 1-
- 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
- 8 York Street 6/7/2000 $480,000 0.1 Antique 1,523 0.07 3 1-
- 89 Orange Street 11/17/2008 $0 0.1 Antique 2,174 0.18 4 5-
- 11 Salt Marsh Way 7/31/2003 $2,052,845 0.1 Vacant Land 0.51 -
- 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
- 5 New Street 9/15/2023 $2,600,000 0.1 Warehouse 960 0.08 0 1-
- 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.1 Conventional 903 0.21 2 1-
- 112 Washington Street 7/11/2014 $0 0.1 Cape Cod 2,883 0.22 2 2-
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 7 Cherry Street 9/16/2008 $0 0.1 Outbuildings 0.11 -
- 10 New Street $0 0.1 Antique 1,208 0.19 3 1-
- 2 Cottage Court 6/20/2019 $3,000,000 0.1 Antique 2,890 0.19 4 5-
- 76 Orange Street 3/8/2023 $1,950,000 0.1 Antique 2,625 0.1 3 2-
- 3 Warren Street 12/12/2017 $1,565,000 0.1 Colonial 1,452 0.06 3 3-1
- 103 Washington Street 1/30/2017 $0 0.1 Aptovrret/Off 3,594 0.13 3 3-
- 58 Union Street 2/23/2005 $0 0.1 Vacant Land 0.11 -
- 1 York Street 6/17/2016 $700,000 0.1 Antique 1,542 0.1 3 1-
- 6 Cherry Street 5/13/2016 $1,315,000 0.1 Colonial 1,821 0.13 3 3-
- 104 Washington Street 8/21/1996 $0 0.1 Vacant Land 0.35 -
- 6 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.94 -
- 7 Back Street-Lot 653 9/30/2022 $2,645,000 0.1 Colonial 2,954 0.12 4 3-1
- 7 New Street 9/15/2023 $2,600,000 0.1 Colonial 1,553 0.16 3 2-1
- 5 York Street 12/17/2021 $2,550,000 0.1 Antique 1,812 0.1 2 3-1
- 55 Union Street 11/5/2014 $400,000 0.1 Antique 2,466 0.1 3 2-1
- 125 Orange Street 5/31/2019 $2,405,000 0.1 Aptovrret/Off 3,483 0.18 1 2-1
- 9 Cherry Street 12/28/2023 $100,000 0.1 Ranch 1,232 0.15 3 1-
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 7 York Street 6/15/2005 $0 0.1 Ranch 960 0.07 2 1-1
- 85 Orange Street 5/9/2024 $1,150,000 0.1 Family Conver. 2,960 0.18 5 3-1
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
Averages 3713 days $922,751 0.08 --- 1,572 0.17 --- ---  
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
5514 16 2 Spring Street