7 Prospect Street, Nantucket, MA 02554

7 Prospect Street Nantucket MA 02554
Owner Information
Owner 1
William Tompkins & Ann
Owner 2
Owner's Address
5013 Wheatstone Dr Fairfax, VA 22032
Market Sale Information
Most recent sale date
Previous sale date
Transfer document #
00174-0037
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
5544-40
Lot Size
0.1
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1835
Number of full baths
3
Condition
Number of half baths
Finished Area
2219
Number of Kitchen
1
Gross Living Area
2563
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$945,500.00
Total value
$1,864,400.00
Building value
$918,900.00
Estimated tax
$5,835.00
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 Prospect Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Antique Age 1835 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 2563 Heating Fuel Hot Water Detached Garage Lot Size 0.1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $918,900.00 AEM Value - Land $945,500.00 AEM Value - Other $0.00 AEM Value - Total $1,864,400.00
A) 108 Main Street 0.2 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
B) 149 Main Street 0.2 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) 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
D) 38 Pine Street 0.4 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
E) 16 Polliwog Pond Road 0.4 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
F) 20 New Lane 0.4 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
G) 7 Yompasham Lane 0.6 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
H) 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
I) 10 Aurora Way 0.8 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
J) 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
K) 23 Walsh Street 0.9 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
L) 8 Luff Road 0.9 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
M) 56 Walsh Street 0.9 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
N) 40 Walsh Street 0.9 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Prospect Street $0 0 Antique 2,219 0.1 4 3- -
  Criteria
A 108 Main Street 3/19/2024 $4,500,000 0.2 Antique 2,005 0.17 6 4-1
B 149 Main Street 5/17/2024 $4,225,000 0.2 Conventional 1,698 0.14 3 1-1
C 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
D 38 Pine Street 1/31/2024 $2,225,000 0.4 Antique 1,707 0.07 3 1-1
E 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.4 Cape Cod 1,830 0.24 5 2-
F 20 New Lane 1/17/2024 $4,350,000 0.4 Colonial 2,247 0.12 4 3-1
G 7 Yompasham Lane 2/14/2024 $2,262,500 0.6 Conventional 1,878 0.25 3 3-
H 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
I 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
J 8 Essex Road 5/15/2024 $1,900,000 0.8 Colonial 1,872 0.31 3 3-
K 23 Walsh Street 2/2/2024 $4,937,500 0.9 Colonial 1,774 0.12 4 4-1
L 8 Luff Road 5/9/2024 $1,900,000 0.9 Ranch 1,894 0.36 3 2-
M 56 Walsh Street 2/15/2024 $5,000,000 0.9 Cape Cod 2,028 0.11 5 3-1
N 40 Walsh Street 1/4/2024 $2,900,000 0.9 Colonial 1,816 0.07 5 2-
Averages 117 days $3,421,429 0.59 --- 1,973 0.17 --- ---  

Estimation of Market Value - $3,129,947

As of today, 06/29/2024, the estimated market value of 7 Prospect Street, Nantucket considering the above 14 comparable properties is $3,129,947.

 

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 Prospect Street $0 0 Antique 2,219 0.1 4 3- -
  Criteria
A 5 Prospect Street 9/16/2013 $0 0.0 Antique 2,289 0.1 4 3-
B 9 Prospect Street 3/2/2022 $0 0.0 Antique 1,288 0.09 4 3-
C 10-R Mount Vernon Street 11/30/2010 $850,000 0.0 Bungalow 934 0.05 3 1-1
D 3 Prospect Street 12/20/2001 $0 0.0 Antique 1,856 0.11 3 1-1
E 11 Prospect Street 2/25/1991 $315,000 0.0 Antique 2,169 0.12 5 3-
F 6 Prospect Street 11/7/2002 $802,000 0.0 Antique 2,592 0.18 4 4-
G 3 Joy Street 11/18/2014 $2,000,000 0.0 Antique 2,424 0.25 3 2-1
H 1 Prospect Street 5/27/2010 $0 0.0 Bungalow 1,190 0.08 3 1-
I 1 Joy Street 9/10/2014 $725,000 0.0 Conventional 864 0.07 3 1-
J 12 Mount Vernon Street 4/27/2007 $0 0.0 Antique 1,842 0.11 5 3-
K 10 Mount Vernon Street 8/9/1984 $165,000 0.0 Bungalow 1,170 0.11 2 1-
L 1 Prospect Street-Lot 2 5/27/2010 $0 0.0 Vacant Land 0.01 -
M 8 Prospect Street 3/11/2014 $710,000 0.0 Ranch 756 0.16 2 2-
N 2 Prospect Street 11/1/2023 $2,200,000 0.0 Antique 2,046 0.14 3 1-
O 30 Milk Street 7/19/2011 $0 0.0 Antique 1,548 0.09 3 2-
P 14 Mount Vernon Street 9/27/1996 $459,000 0.0 Antique 1,994 0.17 4 3-
Q 10 Prospect Street 9/6/2016 $1,125,000 0.0 Bungalow 1,281 0.1 2 2-1
R 28 Milk Street $0 0.0 Antique 2,646 0.09 5 3-
S 32 Milk Street 12/28/2017 $0 0.0 Antique 1,888 0.07 3 2-
T 12 Prospect Street 3/25/2010 $740,000 0.0 Cape Cod 1,575 0.07 3 2-
U 16 Mount Vernon Street 1/19/2007 $0 0.0 Antique 876 0.3 2 1-2
V 4 Joy Street 4/3/2012 $0 0.0 Conventional 1,036 0.18 2 2-
W 26 Milk Street 10/3/2019 $3,600,000 0.0 Antique 2,473 0.24 4 3-1
X 17 Prospect Street 10/19/2023 $2,845,000 0.0 Antique 2,062 0.17 4 3-1
Y 11 New Mill Street 12/17/2012 $0 0.1 Antique 3,112 0.1 3 2-
Z 9 New Mill Street 2/10/2000 $665,000 0.1 Antique 2,812 0.12 5 4-1
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 7 Joy Street 10/25/2018 $2,225,000 0.1 Custom Built 1,897 0.11 3 2-
- 7 New Mill Street 9/28/2022 $3,550,000 0.1 Antique 2,283 0.11 4 3-1
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 18 Mount Vernon Street 12/14/2020 $1,350,000 0.1 Antique 1,328 0.23 2 2-1
- 22 Milk Street 1/21/2016 $0 0.1 Antique 2,411 0.23 3 3-1
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 25 Milk Street 2/24/2015 $0 0.1 Antique 1,208 0.08 2 1-1
- 6 Joy Street $0 0.1 Conventional 1,802 0.29 5 1-1
- 5 New Mill Street 8/16/2013 $1,500,000 0.1 Antique 3,331 0.18 4 3-
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 3 Copper Lane 6/26/2003 $0 0.1 Gar/Apt Res 496 0.11 2 1-
- 19 Prospect Street 9/22/2003 $0 0.1 Vacant Land 0.11 -
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
- 1 Copper Lane 10/24/2012 $2,200,000 0.1 Antique 2,589 0.14 3 3-1
- 37 Milk Street 8/31/2020 $3,090,000 0.1 Colonial 3,948 0.22 6 5-1
- 16 New Mill Street 10/2/2007 $1,690,000 0.1 Colonial 1,587 0.12 3 2-1
- 14 New Mill Street 10/12/2021 $3,200,000 0.1 Antique 2,076 0.14 5 4-1
- 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 3 New Mill Street 6/28/2002 $2,300,000 0.1 Colonial 3,198 0.12 5 4-1
- 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
- 12 New Mill Street 11/20/2020 $0 0.1 Conventional 816 0.09 2 1-1
- 21 Prospect Street 3/23/2021 $0 0.1 Antique 1,271 0.12 3 2-
- 21 Milk Street 9/28/2020 $2,920,000 0.1 Antique 3,154 0.34 4 3-1
- 39 Milk Street 4/21/2020 $2,300,000 0.1 Custom Built 2,956 0.11 5 4-1
- 17 Quaker Road 8/29/2014 $75,000 0.1 Cape Cod 991 0.11 2 2-
- 18 Milk Street 5/15/2017 $4,253,600 0.1 Antique 3,749 0.32 5 3-1
- 2 Copper Lane 1/20/2017 $1,575,000 0.1 Cape Cod 1,364 0.13 3 2-
- 10 New Mill Street 4/11/2017 $0 0.1 Antique 2,236 0.16 3 3-1
- 6 Copper Lane 5/30/2008 $0 0.1 Cape Cod 1,601 0.11 3 2-1
- 8 Copper Lane 5/23/2014 $2,250,000 0.1 Custom Built 2,693 0.08 4 4-1
- 21 Mill Street 2/6/2001 $0 0.1 Antique 1,476 0.12 3 3-
- 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 39-A Milk Street 9/29/2022 $3,500,000 0.1 Antique 4,793 0.15 6 5-1
- 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
- 8 Saratoga Lane 10/22/2004 $1,250,000 0.1 Colonial 3,308 0.12 4 3-1
- 0 Copper Lane 7/27/2007 $1,650,000 0.1 Ranch 2,943 0.16 4 4-
- 16 Vestal Street 7/18/2007 $1,445,000 0.1 Antique 2,212 0.12 4 4-1
- 15 Milk Street 12/17/2015 $1,740,000 0.1 Antique 2,219 0.15 5 4-
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
- 39-B Milk Street 9/23/2022 $0 0.1 Colonial 3,174 0.12 5 5-1
- 19-A Mill Street 5/9/1994 $0 0.1 Antique 2,583 0.19 5 4-
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 18 Vestal Street 2/9/2021 $0 0.1 Colonial 4,441 0.25 4 3-1
- 15 Quaker Road 9/14/2004 $1,475,000 0.1 Antique 1,816 0.25 3 3-1
- 14 Vestal Street 6/26/2015 $3,100,000 0.1 Colonial 2,816 0.12 6 5-1
- 6 New Mill Street 12/18/2012 $0 0.1 Colonial 2,880 0.13 5 4-1
- 10 Vestal Street 9/21/2020 $2,575,000 0.1 Custom Built 2,643 0.11 4 4-1
- 22 Vestal Street 12/2/2022 $1,500,000 0.1 Cottage 629 0.14 1 1-
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 8 Vestal Street 10/14/2011 $0 0.1 Colonial 4,181 0.12 6 5-1
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 6 Green Lane 5/16/2013 $1,470,000 0.1 Antique 1,515 0.08 3 2-1
- 4 New Mill Street 8/5/2014 $0 0.1 Antique 2,955 0.16 5 4-1
- 6 Saratoga Lane 12/23/2011 $970,000 0.1 Ranch 3,162 0.13 5 4-
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 17 Mill Street 12/16/2002 $0 0.1 Antique 2,200 0.19 4 3-
- 14 Quaker Road 12/2/2022 $2,000,000 0.1 Cape Cod 2,001 0.2 3 2-
- 41 Milk Street 6/28/2012 $0 0.1 Gar/Apt Res 912 0.26 2 1-
- 5 Saratoga Lane 1/30/2002 $0 0.1 Vacant Land 0.84 -
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 6 Vestal Street 9/15/2000 $925,000 0.1 Antique 1,890 0.07 4 3-
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 4 Vestal Street $0 0.1 Dormitory 2,882 0.12 4 2-1
- 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
- 24-B Vestal Street 10/29/2020 $0 0.1 Conventional 2,346 0.15 3 2-
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 43 Milk Street $0 0.1 Clubs/Lodges 1,638 0.48 3 2-
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 2 Vestal Street $0 0.1 Vacant Land 0.12 -
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 2 Green Lane 6/10/2013 $0 0.1 Ranch 1,102 0.2 1 1-
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 13-B Vestal Street 8/22/1988 $440,000 0.1 Conventional 1,858 0.13 3 2-1
- 7 Vestal Street $0 0.1 Antique 1,996 0.12 3 2-
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
Averages 4273 days $1,028,079 0.08 --- 2,054 0.16 --- ---  
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 40 7 Prospect Street