7 Spring Street, Nantucket, MA 02554

7 Spring Street Nantucket MA 02554
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Owner Information
Owner 1
Edward Schultz & Chrystal V
Owner 2
Owner's Address
C/O Calabash Cottage, #7 the Peak Road Smiths Parish, 0FL06
Market Sale Information
Most recent sale date
12/11/2015
Previous sale date
12/31/2003
Transfer document #
01514-0256
Previous transfer document
00868-0016
Grantor
Philip M Murphy
Previous grantor
James F Taylor
Most recent sale price
$1,200,000.00
Previous sale price
$975,000.00
Site Information
Property ID
5514-46
Lot Size
0.06
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
1.75
Number of Beds
2
Year Built
1790
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1306
Number of Kitchen
1
Gross Living Area
2308
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$770,000.00
Total value
$1,860,300.00
Building value
$1,090,300.00
Estimated tax
$5,822.00
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 7 Spring Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $918.84 Style Antique Age 1790 Rooms Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area 2308 Heating Fuel Hot Water Detached Garage Lot Size 0.06 Roof Cover Wood Shingle AEM Value - Building $1,090,300.00 AEM Value - Land $770,000.00 AEM Value - Other $0.00 AEM Value - Total $1,860,300.00
A) 1 Hedgebury Lane 0.9 6/27/2024 $4,862,500 1,188 1 $4093.01 Ranch 2009 4 3 1865 Forced Air-Duc 0.53 Wood Shingle $1,688,400 $1,552,600 $0 $3,241,000
B) 27 North Beach Street 1.0 9/17/2024 $3,900,000 1,224 1 $3186.27 Cape Cod 1970 3 2 2036 Hot Water 0.2 Asph/F Gls/Cmp $1,002,600 $2,020,888 $0 $3,023,488
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Spring Street 12/11/2015 $1,200,000 0 Antique 1,306 0.06 2 1-1 -
  Criteria
A 1 Hedgebury Lane 6/27/2024 $4,862,500 0.9 Ranch 1,188 0.53 4 3-
B 27 North Beach Street 9/17/2024 $3,900,000 1.0 Cape Cod 1,224 0.2 3 2-
Averages 52 days $4,381,250 0.92 --- 1,206 0.36 --- ---  

Estimation of Market Value - $3,673,323

As of today, 09/28/2024, the estimated market value of 7 Spring Street, Nantucket considering the above 2 comparable properties is $3,673,323.

 

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
@ 7 Spring Street 12/11/2015 $1,200,000 0 Antique 1,306 0.06 2 1-1 -
  Criteria
A 3 Spring Street 3/28/2022 $2,065,000 0.0 Colonial 1,240 0.17 3 1-1
B 94 Orange Street 10/20/2014 $1,456,000 0.0 Antique 2,150 0.11 4 6-
C 8 Beaver Street 9/8/2010 $0 0.0 Conventional 1,442 0.12 3 3-1
D 10 Beaver Street 5/24/2021 $1,935,000 0.0 Cape Cod 1,231 0.1 3 2-
E 98 Orange Street 8/18/2005 $1,300,000 0.0 Conventional 1,511 0.12 3 3-1
F 85 Union Street 8/8/2022 $0 0.0 Outbuildings 0.21 -
G 6 Beaver Street 9/29/2023 $2,600,000 0.0 Family Duplex 2,901 0.08 5 4-1
H 100 Orange Street 8/8/2022 $0 0.0 Vacant Land 0.12 -
I 90 Orange Street 6/12/2019 $0 0.0 Antique 1,861 0.14 3 3-1
J 4 Beaver Street 4/12/2012 $1,595,000 0.0 Colonial 2,411 0.1 4 4-1
K 1-A Spring Street 2/18/2016 $1,300,000 0.0 Conventional 840 0.06 2 1-
L 2 Spring Street 7/23/2002 $0 0.0 Ranch 2,349 0.27 3 4-
M 102 Orange Street 8/8/2022 $0 0.0 Colonial 2,352 0.12 3 2-
N 7 Beaver Street 2/28/2013 $1,275,000 0.0 Antique 1,873 0.11 4 3-
O 5 Beaver Street 3/29/2022 $3,700,000 0.0 Antique 2,974 0.15 4 3-2
P 9 Beaver Street 1/5/2016 $1,412,500 0.0 Antique 1,870 0.09 3 3-
Q 2 Beaver Street 1/11/2006 $0 0.0 Antique 1,638 0.19 3 2-
R 107 Orange Street 3/29/2018 $1,311,000 0.0 Cape Cod 1,392 0.13 2 1-
S 88 Orange Street 10/5/2015 $0 0.0 Antique 1,632 0.05 3 1-
T 79 Union Street 4/12/2011 $1,100,000 0.0 Cape Cod 2,128 0.13 5 2-1
U 3-A Beaver Street 10/14/2021 $1,900,000 0.0 Antique 2,087 0.06 4 1-
V 101 Orange Street 9/9/2024 $3,150,000 0.0 Antique 2,533 0.19 4 3-1
W 86 Orange Street 5/28/1993 $135,000 0.0 Bungalow 874 0.05 2 1-
X 107-R Orange Street 7/28/2023 $3,195,000 0.0 Colonial 2,164 0.12 4 3-1
Y 71 Union Street 1/29/2001 $650,000 0.1 Cottage 381 0.1 1 1-
Z 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
- 6 Independent Way 7/25/2022 $0 0.1 Custom Built 3,232 0.12 4 4-1
- 99 Orange Street 2/28/2000 $442,500 0.1 Antique 1,863 0.06 3 3-
- 8 Independent Way 11/4/2014 $2,700,000 0.1 Custom Built 2,781 0.12 4 4-1
- 4 Independent Way 7/15/2022 $0 0.1 Colonial 2,826 0.12 4 2-2
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 84 Orange Street 8/20/2019 $0 0.1 Colonial 2,979 0.12 4 5-
- 69 Union Street 8/18/2016 $698,000 0.1 Antique 1,197 0.08 2 2-
- 2 Independent Way 5/10/2012 $1,850,000 0.1 Antique 1,623 0.17 4 2-
- 2 New Street 2/24/1997 $0 0.1 Antique 1,166 0.06 3 2-
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 97 Orange Street 6/28/2021 $0 0.1 Antique 2,577 0.11 4 2-
- 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
- 82 Union Street 7/22/2013 $605,000 0.1 Antique 1,319 0.08 2 2-
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
- 6 New Street 1/14/2020 $0 0.1 Antique 925 0.06 2 1-
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 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
- 3 New Street 9/5/2014 $1,650,000 0.1 Colonial 2,367 0.12 3 2-1
- 67 Union Street 9/29/2016 $10 0.1 Antique 2,035 0.08 4 3-
- 5 Back Street 10/3/2018 $0 0.1 Cottage 408 0.05 1 1-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 8 New Street 5/21/2021 $1,455,000 0.1 Antique 1,242 0.06 3 2-
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 7 Independent Way 11/22/2021 $2,237,625 0.1 Custom Built 1,495 0.05 3 1-1
- 91 Orange Street 3/16/2007 $0 0.1 Antique 2,410 0.13 3 2-
- 5 Independent Way 2/11/2008 $0 0.1 Colonial 2,304 0.07 5 4-1
- 76 Union Street 5/16/2022 $0 0.1 Antique 2,188 0.08 4 3-1
- 3 Independent Way 12/28/1995 $0 0.1 Antique 2,537 0.16 5 4-1
- 82 Orange Street 9/26/2018 $2,800,000 0.1 Antique 3,467 0.12 5 4-1
- 1 Independent Way 12/5/2018 $0 0.1 Cape Cod 1,381 0.09 3 1-
- 5 New Street 9/15/2023 $2,600,000 0.1 Warehouse 960 0.08 0 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-
- 72 Union Street 9/9/2021 $1,785,000 0.1 Antique 1,708 0.11 3 3-1
- 0 Consue Springs 7/27/2018 $0 0.1 Outbuildings 0.77 -
- 115 Orange Street 7/7/1998 $0 0.1 Store 3,146 0.45 -
- 80 Orange Street 7/31/2006 $3,375,000 0.1 Antique 2,938 0.15 5 5-1
- 65 Union Street 11/29/1999 $0 0.1 Antique 1,352 0.07 4 2-
- 89 Orange Street 11/17/2008 $0 0.1 Antique 2,174 0.18 4 5-
- 10 New Street $0 0.1 Antique 1,208 0.19 3 1-
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 2 Cottage Court 6/20/2019 $3,000,000 0.1 Antique 2,890 0.19 4 5-
- 3 Warren Street 12/12/2017 $1,565,000 0.1 Colonial 1,452 0.06 3 3-1
- 4 Mariner Way 5/31/2022 $5,200,000 0.1 Vacant Land 0.15 -
- 68 Union Street 11/3/2011 $1,155,000 0.1 Antique 2,121 0.18 4 2-1
- 74 Union Street 9/29/2020 $0 0.1 Conventional 1,468 0.22 3 1-
- 6 York Street 11/28/2023 $2,195,000 0.1 Antique 1,685 0.09 3 3-
- 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
- 4 York Street 3/28/2024 $2,175,000 0.1 Antique 1,489 0.07 3 2-
- 63 Union Street $0 0.1 Conventional 940 0.1 3 2-
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 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-
- 7 New Street 9/15/2023 $2,600,000 0.1 Colonial 1,553 0.16 3 2-1
- 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-
- 8 York Street 6/7/2000 $480,000 0.1 Antique 1,523 0.07 3 1-
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 7 Back Street-Lot 653 9/30/2022 $2,645,000 0.1 Colonial 2,954 0.12 4 3-1
- 66 Union Street 9/26/2003 $375,000 0.1 Colonial 1,089 0.07 3 2-1
- 121 Washington Street 10/27/2014 $2,300,000 0.1 Colonial 1,768 0.06 3 2-1
- 76 Orange Street 3/8/2023 $1,950,000 0.1 Antique 2,625 0.1 3 2-
- 5 Warren Street 9/21/2021 $1,000,000 0.1 Antique 1,313 0.1 3 2-1
- 3-B Cherry Street 6/7/2013 $250,000 0.1 Vacant Land 0.07 -
- 57 Union Street 12/28/2020 $0 0.1 Antique 2,430 0.1 5 5-5
- 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
- 85 Orange Street 5/9/2024 $1,150,000 0.1 Family Conver. 2,960 0.18 5 3-1
- 12 New Street 12/28/2016 $1,000,000 0.1 Antique 1,190 0.18 3 2-
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
- 5 Cherry Street 11/19/2020 $1,150,000 0.1 Antique 972 0.08 2 2-
- 70 Union Street 10/23/2014 $1,425,000 0.1 Colonial 3,100 0.15 4 3-1
- 9 New Street 12/19/2017 $0 0.1 Vacant Land 0.12 -
- 64 Union Street 4/25/2007 $0 0.1 Conventional 2,718 0.36 3 2-
- 9 Back Street-Lot 652 1/19/2007 $1,000,000 0.1 Vacant Land 0.12 -
- 3 Cottage Court 2/3/2020 $1,350,000 0.1 Antique 1,716 0.08 4 2-1
- 7 Warren Street 9/8/2000 $425,000 0.1 Conventional 1,283 0.08 3 1-
- 114 Orange Street $0 0.1 Vacant Land 0.58 -
- 1 Cottage Court 6/10/2010 $0 0.1 Antique 2,305 0.1 3 3-
- 74 Orange Street 12/19/2017 $0 0.1 Antique 2,308 0.06 4 1-
- 16 York Street 9/7/2012 $965,000 0.1 Antique 1,431 0.06 3 2-1
- 7 York Street 6/15/2005 $0 0.1 Ranch 960 0.07 2 1-1
- 5 York Street 12/17/2021 $2,550,000 0.1 Antique 1,812 0.1 2 3-1
- 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
- 1 York Street 6/17/2016 $700,000 0.1 Antique 1,542 0.1 3 1-
- 4 Cherry Street 11/25/2019 $865,000 0.1 Bungalow 868 0.18 2 1-
- 7 Cherry Street 9/16/2008 $0 0.1 Outbuildings 0.11 -
- 10 Back Street 10/18/2013 $737,000 0.1 Family Conver. 1,792 0.1 3 2-1
- 8-R Back Street 4/26/2021 $0 0.1 Colonial 2,589 0.23 3 3-
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 14 New Street $0 0.1 Antique 858 0.05 3 1-
- 72 Orange Street 4/16/2021 $1,485,000 0.1 Antique 2,654 0.08 5 3-
- 10 York Street 8/1/2024 $5,650,000 0.1 Vacant Land 0.11 -
- 111 Washington Street 8/21/1996 $0 0.1 Vacant Land 0.33 -
- 11 New Street 1/3/1997 $268,500 0.1 Condominium 1,180 0 2 1-1
- 55 Union Street 11/5/2014 $400,000 0.1 Antique 2,466 0.1 3 2-1
- 9 Warren Street 10/4/2013 $0 0.1 Bungalow 527 0.12 1 1-
- 9 Back Street 9/15/2016 $1,837,000 0.1 Cape Cod 2,492 0.13 4 3-1
- 81 Orange Street 1/15/2021 $2,990,000 0.1 Antique 4,538 0.15 5 4-1
- 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.1 Conventional 903 0.21 2 1-
- 9 Cherry Street 12/28/2023 $100,000 0.1 Ranch 1,232 0.15 3 1-
- 58 Union Street 2/23/2005 $0 0.1 Vacant Land 0.11 -
- 12 Back Street 9/27/2022 $0 0.1 Colonial 2,328 0.17 5 4-
- 8 East Dover Street 8/9/2021 $2,400,000 0.1 Colonial 1,820 0.07 4 4-1
- 18 York Street 6/25/1998 $110,000 0.1 Cape Cod 2,176 0.12 4 1-
- 4 East Dover Street 7/5/2011 $0 0.1 Antique 1,609 0.11 3 1-1
- 10 East Dover Street 10/15/2012 $700,000 0.1 Bungalow 1,012 0.07 3 1-
- 2 East Dover Street 6/10/2022 $225,000 0.1 Antique 1,418 0.06 3 1-
- 9 York Street 11/30/2012 $660,000 0.1 Bungalow 1,700 0.07 2 3-
- 18 New Street 6/19/2017 $0 0.1 Antique 2,012 0.17 5 4-1
- 6 Cherry Street 5/13/2016 $1,315,000 0.1 Colonial 1,821 0.13 3 3-
- 70 Orange Street 1/21/2015 $0 0.1 Antique 1,991 0.13 3 4-
- 121 Orange Street 3/1/2024 $800,000 0.1 Antique 1,574 0.3 3 1-
- 11 Warren Street 3/12/2013 $0 0.1 Bungalow 789 0.03 2 2-
- 11 Salt Marsh Way 7/31/2003 $2,052,845 0.1 Vacant Land 0.51 -
- 109 Washington Street 8/21/1996 $0 0.1 Cooperative 576 0.14 2 1-
- 4 Camelia Lane 8/5/2020 $0 0.1 Colonial 2,208 0.13 3 3-
- 11 Back Street-Lot 344 2/7/2022 $1,100,000 0.1 Antique 1,210 0.11 2 1-1
- 53 Union Street 12/21/2023 $1,775,000 0.1 Antique 1,524 0.05 3 2-
- 0 Union Street 10/15/2021 $3,625,000 0.1 Vacant Land 0.04 -
- 13 Warren Street 2/21/2012 $575,000 0.1 Bungalow 763 0.05 1 1-
- 11 York Street 11/5/1999 $471,500 0.1 Bungalow 1,298 0.1 2 1-1
- 20 York Street 8/24/2017 $1,425,000 0.1 Cape Cod 1,862 0.1 5 3-1
- 79 Orange Street 7/30/2014 $770,000 0.1 Aptovrret/Off 1,228 0.08 0 0-
Averages 3628 days $931,017 0.08 --- 1,550 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 46 7 Spring Street