7 Joy Street, Nantucket, MA 02554

Owner Information
Owner 1
Jamie Kaplin
Owner 2
Owner's Address
7 Joy Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/25/2018
Previous sale date
04/01/2011
Transfer document #
01667-0322
Previous transfer document
01275-0072
Grantor
Christopher Lorusso
Previous grantor
Julie Brown
Most recent sale price
$2,225,000.00
Previous sale price
$560,000.00
Site Information
Property ID
5544-32-2
Lot Size
0.11
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Custom Built
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
1897
Number of Kitchen
1
Gross Living Area
2149
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
Hot Air-No Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$988,300.00
Total value
$3,246,000.00
Building value
$2,257,700.00
Estimated tax
$10,159.00
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 7 Joy Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,172.90 Style Custom Built Age 1950 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2149 Heating Fuel Hot Air-No Duc Detached Garage Lot Size 0.11 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,257,700.00 AEM Value - Land $988,300.00 AEM Value - Other $0.00 AEM Value - Total $3,246,000.00
A) 17 Pleasant Street 0.2 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
B) 149 Main Street 0.3 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
C) 35 Pleasant Street 0.3 9/17/2024 $3,735,000 1,680 1 $2223.21 Bungalow 1927 2 1 4002 Hot Water 0.23 Asph/F Gls/Cmp $659,500 $1,555,200 $0 $2,214,700
D) 6 West Dover Street 0.5 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
E) 45 West Chester Street 0.6 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
F) 33 West Chester Street 0.6 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
G) 8 Essex Road 0.8 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
H) 8 Luff Road 0.8 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
I) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Joy Street 10/25/2018 $2,225,000 0 Custom Built 1,897 0.11 3 2- -
  Criteria
A 17 Pleasant Street 7/5/2024 $3,715,000 0.2 Antique 2,100 0.09 2 3-
B 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
C 35 Pleasant Street 9/17/2024 $3,735,000 0.3 Bungalow 1,680 0.23 2 1-
D 6 West Dover Street 7/18/2024 $2,130,000 0.5 Antique 2,321 0.14 4 1-
E 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
F 33 West Chester Street 6/26/2024 $2,825,000 0.6 Bungalow 1,577 0.14 3 2-
G 8 Essex Road 5/15/2024 $1,900,000 0.8 Colonial 1,872 0.31 3 3-
H 8 Luff Road 5/9/2024 $1,900,000 0.8 Ranch 1,894 0.36 3 2-
I 25 Willard Street 9/17/2024 $5,650,000 1.0 Conventional 1,993 0.46 5 5-1
Averages 96 days $3,253,333 0.57 --- 1,901 0.22 --- ---  

Estimation of Market Value - $3,930,130

As of today, 09/29/2024, the estimated market value of 7 Joy Street, Nantucket considering the above 9 comparable properties is $3,930,130.

 

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
@ 7 Joy Street 10/25/2018 $2,225,000 0 Custom Built 1,897 0.11 3 2- -
  Criteria
A 16 Mount Vernon Street 1/19/2007 $0 0.0 Antique 876 0.3 2 1-2
B 18 Mount Vernon Street 12/14/2020 $1,350,000 0.0 Antique 1,328 0.23 2 2-1
C 6 Joy Street $0 0.0 Conventional 1,802 0.29 5 1-1
D 3 Joy Street 11/18/2014 $2,000,000 0.0 Antique 2,424 0.25 3 2-1
E 14 Mount Vernon Street 9/27/1996 $459,000 0.0 Antique 1,994 0.17 4 3-
F 3 Mill Hill Lane $0 0.0 Cape Cod 1,406 0.67 2 1-
G 4 Joy Street 4/3/2012 $0 0.0 Conventional 1,036 0.18 2 2-
H 12 Mount Vernon Street 4/27/2007 $0 0.0 Antique 1,842 0.11 5 3-
I 1 Joy Street 9/10/2014 $725,000 0.0 Conventional 864 0.07 3 1-
J 11 New Mill Street 12/17/2012 $0 0.1 Antique 3,112 0.1 3 2-
K 9 Prospect Street 3/2/2022 $0 0.1 Antique 1,288 0.09 4 3-
L 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
M 11 Prospect Street 2/25/1991 $315,000 0.1 Antique 2,169 0.12 5 3-
N 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
O 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
P 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
Q 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
R 17 Prospect Street 10/19/2023 $2,845,000 0.1 Antique 2,062 0.17 4 3-1
S 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
T 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
U 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
V 16 New Mill Street 10/2/2007 $1,690,000 0.1 Colonial 1,587 0.12 3 2-1
W 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 3 1-
X 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
Y 19 Prospect Street 9/22/2003 $0 0.1 Vacant Land 0.11 -
Z 12 Prospect Street 3/25/2010 $740,000 0.1 Cape Cod 1,575 0.07 3 2-
- 8 Prospect Street 3/11/2014 $710,000 0.1 Ranch 756 0.16 2 2-
- 6 Prospect Street 11/7/2002 $802,000 0.1 Antique 2,592 0.18 4 4-
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 10 Prospect Street 9/6/2016 $1,125,000 0.1 Bungalow 1,281 0.1 2 2-1
- 9 New Mill Street 2/10/2000 $665,000 0.1 Antique 2,812 0.12 5 4-1
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 21 Prospect Street 3/23/2021 $0 0.1 Antique 1,271 0.12 3 2-
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 7 New Mill Street 9/28/2022 $3,550,000 0.1 Antique 2,283 0.11 4 3-1
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
- 14 New Mill Street 10/12/2021 $3,200,000 0.1 Antique 2,076 0.14 5 4-1
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
- 5 New Mill Street 8/16/2013 $1,500,000 0.1 Antique 3,331 0.18 4 3-
- 26 Milk Street 10/3/2019 $3,600,000 0.1 Antique 2,473 0.24 4 3-1
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
- 21 Mill Street 2/6/2001 $0 0.1 Antique 1,476 0.12 3 3-
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 12 New Mill Street 11/20/2020 $0 0.1 Conventional 816 0.09 2 1-1
- 19 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 22 Milk Street 1/21/2016 $0 0.1 Antique 2,411 0.23 3 3-1
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 37 Milk Street 8/31/2020 $3,090,000 0.1 Colonial 3,948 0.22 6 5-1
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 39 Milk Street 4/21/2020 $2,300,000 0.1 Custom Built 2,956 0.11 5 4-1
- 10 New Mill Street 4/11/2017 $0 0.1 Antique 2,236 0.16 3 3-1
- 25 Milk Street 2/24/2015 $0 0.1 Antique 1,208 0.08 2 1-1
- 39-A Milk Street 9/29/2022 $3,500,000 0.1 Antique 4,793 0.15 6 5-1
- 19-A Mill Street 5/9/1994 $0 0.1 Antique 2,583 0.19 5 4-
- 3 New Mill Street 6/28/2002 $2,300,000 0.1 Colonial 3,198 0.12 5 4-1
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 39-B Milk Street 9/23/2022 $0 0.1 Colonial 3,174 0.12 5 5-1
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 3 Copper Lane 6/26/2003 $0 0.1 Gar/Apt Res 496 0.11 2 1-
- 1 Copper Lane 10/24/2012 $2,200,000 0.1 Antique 2,589 0.14 3 3-1
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 18 Milk Street 5/15/2017 $4,253,600 0.1 Antique 3,749 0.32 5 3-1
- 37 Prospect Street $0 0.1 Vacant Land 1.6 -
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
Averages 4397 days $1,081,113 0.08 --- 1,925 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
5544 32 2 7 Joy Street