3 Spring Street, Nantucket, MA 02554

3 Spring Street Nantucket MA 02554
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Owner Information
Owner 1
Michael Cardarelli
Owner 2
Owner's Address
2425 L St NW APT 430 Washington, DC 20037
Market Sale Information
Most recent sale date
3/28/2022
Previous sale date
05/16/2007
Transfer document #
1886-291
Previous transfer document
01081-0129
Grantor
Sheryl L Schobel
Previous grantor
Alexander M Schobel
Most recent sale price
$2,065,000.00
Previous sale price
$0.00
Site Information
Property ID
5514-44
Lot Size
0.17
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1950
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1240
Number of Kitchen
1
Gross Living Area
1376
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,015,600.00
Total value
$1,963,600.00
Building value
$948,000.00
Estimated tax
$6,146.00
Yard improvement value
$0.00
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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 3 Spring Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,665.32 Style Colonial Age 1950 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 1376 Heating Fuel Hot Water Detached Garage Lot Size 0.17 Roof Cover Wood Shingle AEM Value - Building $948,000.00 AEM Value - Land $1,015,600.00 AEM Value - Other $0.00 AEM Value - Total $1,963,600.00
A) 1 Back Street 0.1 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
B) 3 Back Street 0.1 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
C) 4 York Street 0.1 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
D) 9 Cherry Street 0.1 12/28/2023 $100,000 1,232 1 $81.17 Ranch 1975 3 1 1232 Forced Air-Duc 0.15 Asph/F Gls/Cmp $481,800 $486,300 $0 $968,100
E) 31 Surfside Road 0.6 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Spring Street 3/28/2022 $2,065,000 0 Colonial 1,240 0.17 3 1-1 -
  Criteria
A 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
B 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
C 4 York Street 3/28/2024 $2,175,000 0.1 Antique 1,489 0.07 3 2-
D 9 Cherry Street 12/28/2023 $100,000 0.1 Ranch 1,232 0.15 3 1-
E 31 Surfside Road 5/23/2024 $2,125,000 0.6 Cape Cod 1,404 0.15 3 2-
Averages 133 days $2,040,000 0.18 --- 1,398 0.12 --- ---  

Estimation of Market Value - $2,452,498

As of today, 06/27/2024, the estimated market value of 3 Spring Street, Nantucket considering the above 5 comparable properties is $2,452,498.

 

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
@ 3 Spring Street 3/28/2022 $2,065,000 0 Colonial 1,240 0.17 3 1-1 -
  Criteria
A 7 Spring Street 12/11/2015 $1,200,000 0.0 Antique 1,306 0.06 2 1-1
B 8 Beaver Street 9/8/2010 $0 0.0 Conventional 1,442 0.12 3 3-1
C 6 Beaver Street 9/29/2023 $2,600,000 0.0 Family Duplex 2,901 0.08 5 4-1
D 1-A Spring Street 2/18/2016 $1,300,000 0.0 Conventional 840 0.06 2 1-
E 4 Beaver Street 4/12/2012 $1,595,000 0.0 Colonial 2,411 0.1 4 4-1
F 94 Orange Street 10/20/2014 $1,456,000 0.0 Antique 2,150 0.11 4 6-
G 85 Union Street 8/8/2022 $0 0.0 Outbuildings 0.21 -
H 2 Spring Street 7/23/2002 $0 0.0 Ranch 2,349 0.27 3 4-
I 10 Beaver Street 5/24/2021 $1,935,000 0.0 Cape Cod 1,231 0.1 3 2-
J 2 Beaver Street 1/11/2006 $0 0.0 Antique 1,638 0.19 3 2-
K 98 Orange Street 8/18/2005 $1,300,000 0.0 Conventional 1,511 0.12 3 3-1
L 79 Union Street 4/12/2011 $1,100,000 0.0 Cape Cod 2,128 0.13 5 2-1
M 5 Beaver Street 3/29/2022 $3,700,000 0.0 Antique 2,974 0.15 4 3-2
N 100 Orange Street 8/8/2022 $0 0.0 Vacant Land 0.12 -
O 90 Orange Street 6/12/2019 $0 0.0 Antique 1,861 0.14 3 3-1
P 3-A Beaver Street 10/14/2021 $1,900,000 0.0 Antique 2,087 0.06 4 1-
Q 7 Beaver Street 2/28/2013 $1,275,000 0.0 Antique 1,873 0.11 4 3-
R 102 Orange Street 8/8/2022 $0 0.0 Colonial 2,352 0.12 3 2-
S 71 Union Street 1/29/2001 $650,000 0.0 Cottage 381 0.1 1 1-
T 9 Beaver Street 1/5/2016 $1,412,500 0.0 Antique 1,870 0.09 3 3-
U 88 Orange Street 10/5/2015 $0 0.0 Antique 1,632 0.05 3 1-
V 86 Union Street 4/28/2006 $1,375,000 0.0 Outbuildings 0.46 -
W 69 Union Street 8/18/2016 $698,000 0.0 Antique 1,197 0.08 2 2-
X 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
Y 4 Independent Way 7/15/2022 $0 0.1 Colonial 2,826 0.12 4 2-2
Z 82 Union Street 7/22/2013 $605,000 0.1 Antique 1,319 0.08 2 2-
- 6 Independent Way 7/25/2022 $0 0.1 Custom Built 3,232 0.12 4 4-1
- 2 Independent Way 5/10/2012 $1,850,000 0.1 Antique 1,623 0.17 4 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 8/27/2020 $0 0.1 Antique 2,533 0.19 4 3-1
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 67 Union Street 9/29/2016 $10 0.1 Antique 2,035 0.08 4 3-
- 76 Union Street 5/16/2022 $0 0.1 Antique 2,188 0.08 4 3-1
- 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-
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
- 97 Orange Street 6/28/2021 $0 0.1 Antique 2,577 0.11 4 2-
- 0 Consue Springs 7/27/2018 $0 0.1 Outbuildings 0.77 -
- 3 Independent Way 12/28/1995 $0 0.1 Antique 2,537 0.16 5 4-1
- 72 Union Street 9/9/2021 $1,785,000 0.1 Antique 1,708 0.11 3 3-1
- 2 New Street 2/24/1997 $0 0.1 Antique 1,166 0.06 3 2-
- 7 Independent Way 11/22/2021 $2,237,625 0.1 Custom Built 1,495 0.05 3 1-1
- 5 Independent Way 2/11/2008 $0 0.1 Colonial 2,304 0.07 5 4-1
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 1 Independent Way 12/5/2018 $0 0.1 Cape Cod 1,381 0.09 3 1-
- 113 Orange Street 10/19/2005 $0 0.1 Bungalow 1,399 0.12 2 1-
- 93 Orange Street 10/5/2001 $825,000 0.1 Antique 2,286 0.05 4 4-1
- 4 Mariner Way 5/31/2022 $5,200,000 0.1 Vacant Land 0.15 -
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
- 82 Orange Street 9/26/2018 $2,800,000 0.1 Antique 3,467 0.12 5 4-1
- 65 Union Street 11/29/1999 $0 0.1 Antique 1,352 0.07 4 2-
- 6 New Street 1/14/2020 $0 0.1 Antique 925 0.06 2 1-
- 74 Union Street 9/29/2020 $0 0.1 Conventional 1,468 0.22 3 1-
- 3 New Street 9/5/2014 $1,650,000 0.1 Colonial 2,367 0.12 3 2-1
- 68 Union Street 11/3/2011 $1,155,000 0.1 Antique 2,121 0.18 4 2-1
- 91 Orange Street 3/16/2007 $0 0.1 Antique 2,410 0.13 3 2-
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 5 Back Street 10/3/2018 $0 0.1 Cottage 408 0.05 1 1-
- 68-A Union Street 5/8/1992 $62,000 0.1 Bungalow 520 0.12 2 1-
- 8 New Street 5/21/2021 $1,455,000 0.1 Antique 1,242 0.06 3 2-
- 121 Washington Street 10/27/2014 $2,300,000 0.1 Colonial 1,768 0.06 3 2-1
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 80 Orange Street 7/31/2006 $3,375,000 0.1 Antique 2,938 0.15 5 5-1
- 63 Union Street $0 0.1 Conventional 940 0.1 3 2-
- 66 Union Street 9/26/2003 $375,000 0.1 Colonial 1,089 0.07 3 2-1
- 4 York Street 3/28/2024 $2,175,000 0.1 Antique 1,489 0.07 3 2-
- 2 York Street 4/19/2016 $0 0.1 Antique 1,590 0.1 3 2-
- 6 York Street 11/28/2023 $2,195,000 0.1 Antique 1,685 0.09 3 3-
- 89 Orange Street 11/17/2008 $0 0.1 Antique 2,174 0.18 4 5-
- 115 Orange Street 7/7/1998 $0 0.1 Store 3,146 0.45 -
- 5 New Street 9/15/2023 $2,600,000 0.1 Warehouse 960 0.08 0 1-
- 8 York Street 6/7/2000 $480,000 0.1 Antique 1,523 0.07 3 1-
- 70 Union Street 10/23/2014 $1,425,000 0.1 Colonial 3,100 0.15 4 3-1
- 7 Back Street 11/25/2015 $0 0.1 Bungalow 672 0.14 2 1-
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 57 Union Street 12/28/2020 $0 0.1 Antique 2,430 0.1 5 5-5
- 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
- 2 Cottage Court 6/20/2019 $3,000,000 0.1 Antique 2,890 0.19 4 5-
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 10 New Street $0 0.1 Antique 1,208 0.19 3 1-
- 64 Union Street 4/25/2007 $0 0.1 Conventional 2,718 0.36 3 2-
- 3 Warren Street 12/12/2017 $1,565,000 0.1 Colonial 1,452 0.06 3 3-1
- 76 Orange Street 3/8/2023 $1,950,000 0.1 Antique 2,625 0.1 3 2-
- 1 Cherry Street 10/8/2014 $0 0.1 Fast Food 384 0.12 0 2-
- 3 Williams Street 11/22/2011 $350,000 0.1 Colonial 2,100 0.2 4 3-
- 7 New Street 9/15/2023 $2,600,000 0.1 Colonial 1,553 0.16 3 2-1
- 111 Washington Street 8/21/1996 $0 0.1 Vacant Land 0.33 -
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 3-B Cherry Street 6/7/2013 $250,000 0.1 Vacant Land 0.07 -
- 85 Orange Street 5/9/2024 $1,150,000 0.1 Family Conver. 2,960 0.18 5 3-1
- 1 York Street 6/17/2016 $700,000 0.1 Antique 1,542 0.1 3 1-
- 5 Warren Street 9/21/2021 $1,000,000 0.1 Antique 1,313 0.1 3 2-1
- 7 Back Street-Lot 653 9/30/2022 $2,645,000 0.1 Colonial 2,954 0.12 4 3-1
- 114 Orange Street $0 0.1 Vacant Land 0.58 -
- 5 York Street 12/17/2021 $2,550,000 0.1 Antique 1,812 0.1 2 3-1
- 7 York Street 6/15/2005 $0 0.1 Ranch 960 0.07 2 1-1
- 74 Orange Street 12/19/2017 $0 0.1 Antique 2,308 0.06 4 1-
- 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
- 55 Union Street 11/5/2014 $400,000 0.1 Antique 2,466 0.1 3 2-1
- 5 Cherry Street 11/19/2020 $1,150,000 0.1 Antique 972 0.08 2 2-
- 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
- 58 Union Street 2/23/2005 $0 0.1 Vacant Land 0.11 -
- 3 Cottage Court 2/3/2020 $1,350,000 0.1 Antique 1,716 0.08 4 2-1
- 1 Cottage Court 6/10/2010 $0 0.1 Antique 2,305 0.1 3 3-
- 12 New Street 12/28/2016 $1,000,000 0.1 Antique 1,190 0.18 3 2-
- 4 Cherry Street 11/25/2019 $865,000 0.1 Bungalow 868 0.18 2 1-
- 109 Washington Street 8/21/1996 $0 0.1 Cooperative 576 0.14 2 1-
- 72 Orange Street 4/16/2021 $1,485,000 0.1 Antique 2,654 0.08 5 3-
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
- 11 Salt Marsh Way 7/31/2003 $2,052,845 0.1 Vacant Land 0.51 -
- 16 York Street 9/7/2012 $965,000 0.1 Antique 1,431 0.06 3 2-1
- 9 New Street 12/19/2017 $0 0.1 Vacant Land 0.12 -
- 7 Warren Street 9/8/2000 $425,000 0.1 Conventional 1,283 0.08 3 1-
- 9 Back Street-Lot 652 1/19/2007 $1,000,000 0.1 Vacant Land 0.12 -
- 7 Cherry Street 9/16/2008 $0 0.1 Outbuildings 0.11 -
- 2 East Dover Street 6/10/2022 $225,000 0.1 Antique 1,418 0.06 3 1-
- 4 East Dover Street 7/5/2011 $0 0.1 Antique 1,609 0.11 3 1-1
- 8 East Dover Street 8/9/2021 $2,400,000 0.1 Colonial 1,820 0.07 4 4-1
- 114 Washington Street 1/30/2017 $0 0.1 Family Conver. 2,312 0.1 5 2-1
- 10 York Street 4/7/2023 $1,390,000 0.1 Vacant Land 0.11 -
- 81 Orange Street 1/15/2021 $2,990,000 0.1 Antique 4,538 0.15 5 4-1
- 10 East Dover Street 10/15/2012 $700,000 0.1 Bungalow 1,012 0.07 3 1-
- 0 Union Street 10/15/2021 $3,625,000 0.1 Vacant Land 0.04 -
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 53 Union Street 12/21/2023 $1,775,000 0.1 Antique 1,524 0.05 3 2-
- 8-R Back Street 4/26/2021 $0 0.1 Colonial 2,589 0.23 3 3-
- 10 Back Street 10/18/2013 $737,000 0.1 Family Conver. 1,792 0.1 3 2-1
- 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.1 Conventional 903 0.21 2 1-
- 14 New Street $0 0.1 Antique 858 0.05 3 1-
- 70 Orange Street 1/21/2015 $0 0.1 Antique 1,991 0.13 3 4-
- 9 Warren Street 10/4/2013 $0 0.1 Bungalow 527 0.12 1 1-
- 9 York Street 11/30/2012 $660,000 0.1 Bungalow 1,700 0.07 2 3-
- 103 Washington Street 1/30/2017 $0 0.1 Aptovrret/Off 3,594 0.13 3 3-
- 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
- 11 New Street 1/3/1997 $268,500 0.1 Condominium 1,180 0 2 1-1
- 9 Cherry Street 12/28/2023 $100,000 0.1 Ranch 1,232 0.15 3 1-
- 56 Union Street 10/15/2021 $3,625,000 0.1 Aptovrret/Off 5,237 0.39 1 3-
- 18 York Street 6/25/1998 $110,000 0.1 Cape Cod 2,176 0.12 4 1-
Averages 3589 days $890,424 0.08 --- 1,589 0.15 --- ---  
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 44 3 Spring Street