54 Prospect Street, Nantucket, MA 02554

54 Prospect Street Nantucket MA 02554
Owner Information
Owner 1
54 Prospect Street LLC
Owner 2
Owner's Address
103 Mount Vernon St Boston, MA 02108
Market Sale Information
Most recent sale date
7/6/2020
Previous sale date
07/29/2008
Transfer document #
1753-158
Previous transfer document
01147-0324
Grantor
Paul M Orourke
Previous grantor
Deborah A Lynch
Most recent sale price
$1,181,500.00
Previous sale price
$490,000.00
Site Information
Property ID
5541-54
Lot Size
0.06
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Custom Built
Number of Rooms
Stories
1
Number of Beds
2
Year Built
2017
Number of full baths
1
Condition
Number of half baths
Finished Area
1258
Number of Kitchen
1
Gross Living Area
1629
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
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
$324,300.00
Total value
$1,767,100.00
Building value
$1,442,800.00
Estimated tax
$5,531.00
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 54 Prospect Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $939.19 Style Custom Built Age 2017 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 1629 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.06 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,442,800.00 AEM Value - Land $324,300.00 AEM Value - Other $0.00 AEM Value - Total $1,767,100.00
A) 3 Back Street 0.3 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
B) 1 Back Street 0.3 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
C) 4 York Street 0.3 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) 31 Surfside Road 0.4 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
E) 16 Derrymore Road 1.0 3/13/2024 $2,950,000 1,110 1.75 $2657.66 Antique 1890 3 2 2385 Radiant 0.17 Asph/F Gls/Cmp $899,400 $1,543,800 $0 $2,443,200
F) 12 Pilgrim Road 1.0 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 54 Prospect Street 7/6/2020 $1,181,500 0 Custom Built 1,258 0.06 2 1- -
  Criteria
A 3 Back Street 1/2/2024 $2,900,000 0.3 Ranch 1,344 0.12 3 2-
B 1 Back Street 1/2/2024 $2,900,000 0.3 Colonial 1,520 0.12 2 2-
C 4 York Street 3/28/2024 $2,175,000 0.3 Antique 1,489 0.07 3 2-
D 31 Surfside Road 5/23/2024 $2,125,000 0.4 Cape Cod 1,404 0.15 3 2-
E 16 Derrymore Road 3/13/2024 $2,950,000 1.0 Antique 1,110 0.17 3 2-
F 12 Pilgrim Road 5/7/2024 $2,825,000 1.0 Ranch 1,365 0.17 3 1-
Averages 109 days $2,645,833 0.55 --- 1,372 0.13 --- ---  

Estimation of Market Value - $2,591,195

As of today, 06/30/2024, the estimated market value of 54 Prospect Street, Nantucket considering the above 6 comparable properties is $2,591,195.

 

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
@ 54 Prospect Street 7/6/2020 $1,181,500 0 Custom Built 1,258 0.06 2 1- -
  Criteria
A 48 York Street 9/7/2005 $695,000 0.0 Cape Cod 1,070 0.13 3 2-
B 40 York Street 5/29/2013 $1,100,000 0.0 Conventional 1,631 0.22 3 2-
C 47 Prospect Street 8/1/1963 $0 0.0 Vacant Land 6.55 -
D 50 Prospect Street $0 0.0 Outbuildings 0.44 -
E 58 Prospect Street 7/8/2020 $0 0.0 Conventional 1,746 0.22 4 2-
F 38 York Street-Lot 201 2/27/1998 $0 0.0 Colonial 2,264 0.19 3 2-1
G 60 Prospect Street 12/27/2005 $0 0.1 Vacant Land 0.18 -
H 38 York Street 2/20/2015 $0 0.1 Antique 1,838 0.29 3 2-1
I 60-B Prospect Street 4/9/2010 $551,500 0.1 Colonial 2,727 0.16 4 3-1
J 39 York Street $0 0.1 Outbuildings 1.36 -
K 5 West York Lane $0 0.1 Ranch 2,217 0.32 4 2-1
L 48 Prospect Street 9/1/1989 $0 0.1 Colonial 2,144 0.34 4 3-
M 37 York Street 12/18/2019 $2,275,000 0.1 Bungalow 2,909 0.23 5 3-1
N 7 South Mill Street 3/14/2003 $0 0.1 Conventional 2,218 0.59 3 2-1
O 36 York Street 9/24/2021 $2,492,000 0.1 Antique 1,942 0.07 3 3-
P 9 West York Lane 2/4/2016 $908,500 0.1 Bungalow 1,033 0.3 2 1-
Q 3 West York Lane 10/17/1984 $0 0.1 Bungalow 592 0.08 1 1-
R 62 Prospect Street 9/26/2016 $0 0.1 Colonial 3,077 0.18 5 4-
S 1 West York Lane 12/3/2003 $0 0.1 Antique 1,439 0.13 3 2-
T 7 West York Lane 10/17/1984 $0 0.1 Colonial 2,976 0.1 3 3-
U 34 York Street 11/3/2016 $2,100,000 0.1 Antique 1,526 0.13 3 2-
V 11 West York Lane 1/31/1992 $1 0.1 Bungalow 1,455 0.17 4 1-
W 13 West York Lane 10/5/2021 $0 0.1 Conventional 1,698 0.1 4 1-
X 64 Prospect Street 9/8/1995 $0 0.1 Cape Cod 1,292 0.15 3 2-
Y 44 Prospect Street 3/8/1988 $450,000 0.1 Antique 2,069 0.57 4 3-
Z 33 York Street 5/7/2010 $990,000 0.1 Antique 2,156 0.18 3 3-1
- 9 South Mill Street 3/14/2003 $0 0.1 Vacant Land 0.33 -
- 15 West York Lane 5/27/2022 $0 0.1 Colonial 1,696 0.13 2 2-
- 14 South Mill Street 7/14/2004 $0 0.1 Custom Built 2,899 0.27 3 3-1
- 2 West York Lane 6/22/2021 $0 0.1 Conventional 1,940 0.1 2 3-
- 6 West York Lane 12/20/2023 $2,650,000 0.1 Cape Cod 1,282 0.11 2 3-
- 17 West York Lane 8/25/2014 $0 0.1 Ranch 918 0.1 2 1-
- 8 West York Lane 3/25/2014 $0 0.1 Conventional 2,142 0.1 3 2-
- 66 Prospect Street 5/14/1996 $255,000 0.1 Family Duplex 2,570 0.12 4 2-
- 32 York Street 10/15/2019 $1,715,000 0.1 Antique 1,710 0.19 3 3-1
- 10 West York Lane 2/15/1985 $155,000 0.1 Colonial 1,073 0.09 2 1-1
- 12 West York Lane 5/9/2023 $1,375,000 0.1 Colonial 2,167 0.12 5 2-2
- 10 South Mill Street 5/22/2014 $1,465,000 0.1 Colonial 2,952 0.17 4 4-1
- 19 West York Lane 9/1/2004 $610,000 0.1 Conventional 1,945 0.1 2 2-
- 43 Pleasant Street-Lot 207 2/6/2015 $0 0.1 Colonial 3,280 0.25 4 4-1
- 31 York Street 5/25/2021 $3,075,000 0.1 Antique 4,267 0.18 6 5-2
- 43 Pleasant Street 1/11/2021 $0 0.1 Colonial 3,869 0.23 4 4-2
- 14 West York Lane 9/17/2013 $0 0.1 Colonial 1,632 0.12 4 2-
- 41 Pleasant Street 1/7/2022 $0 0.1 Colonial 3,793 0.23 5 4-1
- 39 Pleasant Street 8/11/2021 $400,000 0.1 Conventional 2,394 0.24 4 1-1
- 16 West York Lane 12/17/2021 $250,000 0.1 Vacant Land 0.12 -
- 3 South Mill Street 2/13/2017 $2,725,000 0.1 Conventional 2,743 0.5 4 2-1
- 8 South Mill Street 7/11/2016 $0 0.1 Colonial 3,096 0.13 4 4-1
- 21 West York Lane 9/7/2001 $375,000 0.1 Bungalow 778 0.1 2 1-
- 5 Atlantic Avenue 9/11/2000 $0 0.1 Antique 1,730 0.15 3 2-
- 9 Atlantic Avenue 12/30/2011 $0 0.1 Ranch 804 0.1 2 1-
- 7 Atlantic Avenue 1/22/2015 $742,500 0.1 Conventional 1,616 0.1 4 2-
- 7 Vesper Lane $0 0.1 Mortuary/Cemet 0.91 -
- 38 North Mill Street 7/15/2022 $5,250,000 0.1 Colonial 3,959 0.2 7 7-1
- 11 Atlantic Avenue 9/8/2020 $1,350,000 0.1 Cape Cod 1,740 0.1 4 2-
- 37 Pleasant Street 8/30/2022 $0 0.1 Cape Cod 2,738 0.19 4 3-1
- 18 West York Lane 1/30/1985 $100 0.1 Cape Cod 1,300 0.15 2 1-
- 3 Atlantic Avenue 4/16/2013 $0 0.1 Colonial 2,180 0.1 3 3-1
- 13 Atlantic Avenue 11/2/2020 $975,000 0.1 Family Duplex 1,270 0.12 3 2-
- 1 Atlantic Avenue 3/4/1998 $0 0.1 Bungalow 954 0.08 2 1-
- 35 Pleasant Street 6/18/2015 $0 0.1 Bungalow 1,680 0.23 2 1-
- 23 West York Lane 9/4/2012 $0 0.1 Conventional 1,302 0.07 2 3-
- 33 Pleasant Street 6/13/2019 $1,871,000 0.1 Colonial 2,284 0.23 4 5-
- 57 Prospect Street 7/5/2016 $1 0.1 Hospital 63,570 5.76 0 2-
- 45 Pleasant Street 2/8/2022 $5,495,000 0.1 Antique 1,452 0.13 6 5-1
- 20 West York Lane 2/10/2004 $286,941 0.1 Family Duplex 2,016 0.12 4 2-
- 15 Atlantic Avenue 12/31/2012 $0 0.1 Colonial 1,902 0.12 3 1-1
- 4 South Mill Street 2/17/2021 $0 0.1 Service Shop 2,304 0.17 0 1-
Averages 5213 days $626,214 0.09 --- 2,735 0.39 --- ---  
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
5541 54 54 Prospect Street