12 Prospect Street, Nantucket, MA 02554

12 Prospect Street Nantucket MA 02554
Owner Information
Owner 1
Michael Gnuechtel & Phyllis
Owner 2
Owner's Address
310 Wesley Dr Kerrville, TX 78028
Market Sale Information
Most recent sale date
3/25/2010
Previous sale date
05/05/1994
Transfer document #
01224-0216
Previous transfer document
00445-0301
Grantor
Joyce E Kramer
Previous grantor
Mark H Foulkes
Most recent sale price
$740,000.00
Previous sale price
$220,000.00
Site Information
Property ID
5544-43
Lot Size
0.07
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1960
Number of full baths
2
Condition
Number of half baths
Finished Area
1575
Number of Kitchen
1
Gross Living Area
2424
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$830,000.00
Total value
$1,345,900.00
Building value
$515,900.00
Estimated tax
$4,414.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property7 Skiff Lane3 Madaket Road12 Prospect Street12 New Street1 Pinkham Circle48 Meadow View Drive2 Wamasquid Place40 Walsh Street16 Federal Street21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
Address 12 Prospect Street A) 21 Pleasant StreetB) 3 Madaket RoadC) 16 Federal StreetD) 12 New StreetE) 1 Pinkham CircleF) 48 Meadow View DriveG) 7 Skiff LaneH) 2 Wamasquid PlaceI) 40 Walsh Street
Photo
Plan
Map
Proximity 0.20.30.50.50.60.60.70.70.9
Last Sold 3/20/202512/3/20242/4/202510/8/202410/15/202410/8/20243/27/20252/13/202510/10/2024
Price $7,375,000$2,000,000$5,100,000$1,975,000$2,000,000$600,000$1,700,000$2,500,000$4,688,000
Net Living Area 1,9361,2421,5471,1901,9561,8811,5511,9661,816
Stories 211.51121.7522
Sale Price/sft $469.84$3809.40$1610.31$3296.70$1659.66$1022.49$318.98$1096.07$1271.62$2581.50
Style Cape CodConventionalAntiqueConventionalAntiqueCape CodColonialCape CodColonialColonial
Age 1960192318841900186419801983200819851947
Rooms
Bedrooms 3333332335
Full baths 2112221322
Half baths 22111
Gross Living Area 2424326620941754325535523582213743722720
Heating Fuel Electr BasebrdHot WaterHot WaterForced Air-DucHot WaterElectr BasebrdHot WaterHot WaterElectr BasebrdElectr Basebrd
Detached Garage
Lot Size 0.070.110.110.060.180.480.460.111.70.07
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleWood ShingleAsph/F Gls/Cmp
AEM Value - Building $515,900.00$2,690,500$540,600$1,165,200$731,000$654,300$694,400$776,600$950,900$773,200
AEM Value - Land $830,000.00$1,466,700$734,200$1,655,700$772,900$1,175,200$1,173,400$478,800$1,291,100$1,714,700
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0
AEM Value - Total $1,345,900.00$4,157,200$1,274,800$2,820,900$1,503,900$1,829,500$1,867,800$1,255,400$2,242,000$2,487,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Prospect Street 3/25/2010 $740,000 0 Cape Cod 1,575 0.07 3 2- -
  Criteria
A 21 Pleasant Street 3/20/2025 $7,375,000 0.2 Conventional 1,936 0.11 3 1-2
B 3 Madaket Road 12/3/2024 $2,000,000 0.3 Antique 1,242 0.11 3 1-2
C 16 Federal Street 2/4/2025 $5,100,000 0.5 Conventional 1,547 0.06 3 2-1
D 12 New Street 10/8/2024 $1,975,000 0.5 Antique 1,190 0.18 3 2-
E 1 Pinkham Circle 10/15/2024 $2,000,000 0.6 Cape Cod 1,956 0.48 3 2-
F 48 Meadow View Drive 10/8/2024 $600,000 0.6 Colonial 1,881 0.46 2 1-1
G 7 Skiff Lane 3/27/2025 $1,700,000 0.7 Cape Cod 1,551 0.11 3 3-1
H 2 Wamasquid Place 2/13/2025 $2,500,000 0.7 Colonial 1,966 1.7 3 2-
I 40 Walsh Street 10/10/2024 $4,688,000 0.9 Colonial 1,816 0.07 5 2-
Averages 102 days $3,104,222 0.55 --- 1,676 0.36 --- ---  

Estimation of Market Value - $2,425,633

As of today, 03/30/2025, the estimated market value of 12 Prospect Street, Nantucket considering the above 9 comparable properties is $2,425,633.

 

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
Subject Property22 Vestal Street12 Prospect Street17 Quaker Road5 Vestal Street5 Green Lane3 New Dollar Lane2 Vestal Street2 New Dollar Lane33 Milk Street6 Green Lane35 Milk Street8 Saratoga Lane2 Green Lane1 Copper Lane4 Vestal Street0 Copper Lane19 Quaker Road8 Copper Lane10 Vestal Street14 Milk Street14 Vestal Street37 Milk Street10 Milk Street12 Milk Street8 Vestal Street1 Vestal Street4 New Dollar Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Prospect Street 3/25/2010 $740,000 0 Cape Cod 1,575 0.07 3 2- -
  Criteria
A 10 Prospect Street 9/6/2016 $1,125,000 0.0 Bungalow 1,281 0.1 2 2-1
B 9 New Mill Street 2/10/2000 $665,000 0.0 Antique 2,812 0.12 5 4-1
C 7 New Mill Street 9/28/2022 $3,550,000 0.0 Antique 2,283 0.11 4 3-1
D 5 New Mill Street 8/16/2013 $1,500,000 0.0 Antique 3,331 0.18 4 3-
E 8 Prospect Street 3/11/2014 $710,000 0.0 Ranch 756 0.16 2 2-
F 17 Prospect Street 10/19/2023 $2,845,000 0.0 Antique 2,062 0.17 4 3-1
G 11 Prospect Street 2/25/1991 $315,000 0.0 Antique 2,169 0.12 5 3-
H 1 Joy Street 9/10/2014 $725,000 0.0 Conventional 864 0.07 3 1-
I 22 Milk Street 1/21/2016 $0 0.0 Antique 2,411 0.23 3 3-1
J 14 New Mill Street 10/12/2021 $3,200,000 0.0 Antique 2,076 0.14 5 4-1
K 6 Prospect Street 11/7/2002 $802,000 0.0 Antique 2,592 0.18 4 4-
L 9 Prospect Street 3/2/2022 $0 0.0 Antique 1,288 0.09 4 3-
M 11 New Mill Street 12/17/2012 $0 0.0 Antique 3,112 0.1 3 2-
N 26 Milk Street 3/19/2025 $1,187,500 0.0 Antique 2,473 0.24 4 3-1
O 12 New Mill Street 11/20/2020 $0 0.0 Conventional 816 0.09 2 1-1
P 19 Prospect Street 9/22/2003 $0 0.0 Vacant Land 0.11 -
Q 4 Joy Street 4/3/2012 $0 0.0 Conventional 1,036 0.18 2 2-
R 3 New Mill Street 6/28/2002 $2,300,000 0.0 Colonial 3,198 0.12 5 4-1
S 7 Prospect Street $0 0.0 Antique 2,219 0.1 4 3-
T 10 New Mill Street 4/11/2017 $0 0.0 Antique 2,236 0.16 3 3-1
U 3 Joy Street 11/18/2014 $2,000,000 0.0 Antique 2,424 0.25 3 2-1
V 28 Milk Street $0 0.0 Antique 2,646 0.09 5 3-
W 18 Milk Street 5/15/2017 $4,253,600 0.0 Antique 3,749 0.32 5 3-1
X 16 New Mill Street 10/2/2007 $1,690,000 0.0 Colonial 1,587 0.12 3 2-1
Y 5 Prospect Street 9/16/2013 $0 0.0 Antique 2,289 0.1 4 3-
Z 21 Prospect Street 3/23/2021 $0 0.0 Antique 1,271 0.12 3 2-
- 21 Mill Street 2/6/2001 $0 0.0 Antique 1,476 0.12 3 3-
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
- 19-A Mill Street 5/9/1994 $0 0.1 Antique 2,583 0.19 5 4-
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
- 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 3 1-
- 6 New Mill Street 12/18/2012 $0 0.1 Colonial 2,880 0.13 5 4-1
- 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
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 21 Milk Street 9/28/2020 $2,920,000 0.1 Antique 3,154 0.34 4 3-1
- 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
- 15 Milk Street 12/17/2015 $1,740,000 0.1 Antique 2,219 0.15 5 4-
- 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
- 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
- 16 Mount Vernon Street 1/19/2007 $0 0.1 Antique 876 0.3 2 1-2
- 17 Mill Street 12/16/2002 $0 0.1 Antique 2,200 0.19 4 3-
- 4 New Mill Street 8/5/2014 $0 0.1 Antique 2,955 0.16 5 4-1
- 12 Mount Vernon Street 4/27/2007 $0 0.1 Antique 1,842 0.11 5 3-
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 14 Mount Vernon Street 9/27/1996 $459,000 0.1 Antique 1,994 0.17 4 3-
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 7 Joy Street 10/25/2018 $2,225,000 0.1 Custom Built 1,897 0.11 3 2-
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 3 Copper Lane 6/26/2003 $0 0.1 Gar/Apt Res 496 0.11 2 1-
- 8 Copper Lane 5/23/2014 $2,250,000 0.1 Custom Built 2,693 0.08 4 4-1
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 6 Copper Lane 5/30/2008 $0 0.1 Cape Cod 1,601 0.11 3 2-1
- 18 Mount Vernon Street 12/14/2020 $1,350,000 0.1 Antique 1,328 0.23 2 2-1
- 14 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 6 Green Lane 5/16/2013 $1,470,000 0.1 Antique 1,515 0.08 3 2-1
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 2 Green Lane 6/10/2013 $0 0.1 Ranch 1,102 0.2 1 1-
- 1 Copper Lane 10/24/2012 $2,200,000 0.1 Antique 2,589 0.14 3 3-1
- 8 Vestal Street 10/14/2011 $0 0.1 Colonial 4,181 0.12 6 5-1
- 10 Vestal Street 9/21/2020 $2,575,000 0.1 Custom Built 2,643 0.11 4 4-1
- 2 Copper Lane 1/20/2017 $1,575,000 0.1 Cape Cod 1,364 0.13 3 2-
- 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 16 Vestal Street 7/18/2007 $1,445,000 0.1 Antique 2,212 0.12 4 4-1
- 4 Vestal Street $0 0.1 Dormitory 2,882 0.12 4 2-1
- 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 2 Vestal Street $0 0.1 Vacant Land 0.12 -
- 6 Vestal Street 9/15/2000 $925,000 0.1 Antique 1,890 0.07 4 3-
- 14 Vestal Street 6/26/2015 $3,100,000 0.1 Colonial 2,816 0.12 6 5-1
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 7 Milk Street $0 0.1 Antique 4,718 0.21 3 3-
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 10 Milk Street 11/15/2024 $4,375,000 0.1 Antique 3,352 0.1 5 4-1
- 18 Vestal Street 2/9/2021 $0 0.1 Colonial 4,441 0.25 4 3-1
- 37 Milk Street 8/31/2020 $3,090,000 0.1 Colonial 3,948 0.22 6 5-1
- 0 Copper Lane 7/27/2007 $1,650,000 0.1 Ranch 2,943 0.16 4 4-
- 17 Quaker Road 8/29/2014 $75,000 0.1 Cape Cod 991 0.11 2 2-
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
- 7 Vestal Street $0 0.1 Antique 1,996 0.12 3 2-
- 7 North Mill Street 4/6/2022 $2,380,000 0.1 Vacant Land 0.52 -
- 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 5 Vestal Street 12/5/2002 $737,000 0.1 Antique 1,779 0.09 2 2-1
- 1 Vestal Street $0 0.1 Antique 5,286 0.15 3 1-1
- 9 Vestal Street 5/12/2003 $1,800,000 0.1 Antique 3,092 0.16 4 3-
- 22 Vestal Street 12/2/2022 $1,500,000 0.1 Cottage 629 0.14 1 1-
- 5 Milk Street 4/25/2022 $5,000,000 0.1 Antique 5,039 0.18 6 4-3
- 39 Milk Street 4/21/2020 $2,300,000 0.1 Custom Built 2,956 0.11 5 4-1
- 11 Vestal Street 8/15/2024 $6,200,000 0.1 Antique 2,450 0.18 3 3-
- 8 Saratoga Lane 10/22/2004 $1,250,000 0.1 Colonial 3,308 0.12 4 3-1
- 2 New Dollar Lane 6/29/2007 $1,650,000 0.1 Vacant Land 0.12 -
- 4 New Dollar Lane 7/1/1998 $0 0.1 Antique 4,368 0.39 5 5-1
- 9 Mill Street 1/15/1997 $0 0.1 Antique 2,676 0.12 4 4-
- 37 Prospect Street $0 0.1 Vacant Land 1.6 -
Averages 4514 days $1,123,584 0.08 --- 2,080 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 43 12 Prospect Street