7 New Mill Street, Nantucket, MA 02554

7 New Mill Street Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Shimmo Investments LLC
Owner 2
Owner's Address
3 Via Flagler Palm Beach, FL 33480
Market Sale Information
Most recent sale date
9/28/2022
Previous sale date
07/02/2013
Transfer document #
1914-20
Previous transfer document
01392-0187
Grantor
James E Riesenbach
Previous grantor
Nancy L Goetze
Most recent sale price
$3,550,000.00
Previous sale price
$1,550,000.00
Site Information
Property ID
5544-44
Lot Size
0.11
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1780
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2283
Number of Kitchen
1
Gross Living Area
3326
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$923,600.00
Total value
$2,954,100.00
Building value
$2,030,500.00
Estimated tax
$9,689.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
Subject Property1 Pinkham Circle48 Meadow View Drive24 Meadow View Drive2 Wamasquid Place40 Walsh Street66 Madaket Road7 New Mill Street11 Pine Street24 Fair Street17 Lily Street87 Main Street2 Brocks Court21 Pleasant Street16 Willard 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$4,500,000$5,000,000Total Assessment ($)Total Assessment
Address 7 New Mill Street A) 21 Pleasant StreetB) 11 Pine StreetC) 87 Main StreetD) 2 Brocks CourtE) 24 Fair StreetF) 17 Lily StreetG) 1 Pinkham CircleH) 48 Meadow View DriveI) 24 Meadow View DriveJ) 2 Wamasquid PlaceK) 16 Willard StreetL) 66 Madaket RoadM) 40 Walsh Street
Photo
Plan
Map
Proximity 0.20.20.30.30.30.40.60.70.70.70.80.90.9
Last Sold 3/20/202510/3/202412/12/20243/14/202510/1/20241/15/202510/15/202410/8/202412/4/20242/13/202510/25/202411/8/202410/10/2024
Price $7,375,000$3,500,000$4,000,000$5,000,000$4,050,000$4,475,000$2,000,000$600,000$2,250,000$2,500,000$6,200,000$3,647,500$4,688,000
Net Living Area 1,9362,1922,6282,6212,8022,5321,9561,8812,2121,9662,8102,8231,816
Stories 222.51.75221222212
Sale Price/sft $1,554.97$3809.40$1596.72$1522.07$1907.67$1445.40$1767.38$1022.49$318.98$1017.18$1271.62$2206.41$1292.07$2581.50
Style AntiqueConventionalColonialAntiqueAntiqueAntiqueColonialCape CodColonialColonialColonialColonialColonialColonial
Age 17801923198718301800180019891980198319771985200420021947
Rooms
Bedrooms 43334543233435
Full baths 31335432122332
Half baths 121111111
Gross Living Area 33263266317752965004518838343552358244844372571544322720
Heating Fuel Forced Air-DucHot WaterForced Air-DucHot WaterHot WaterHot WaterForced Air-DucElectr BasebrdHot WaterHot WaterElectr BasebrdForced Air-DucForced Air-DucElectr Basebrd
Detached Garage
Lot Size 0.110.110.130.060.420.080.120.480.460.461.70.120.470.07
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleWood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $2,030,500.00$2,690,500$900,700$2,161,500$2,409,400$1,655,000$1,899,400$654,300$694,400$1,017,400$950,900$2,530,100$1,413,900$773,200
AEM Value - Land $923,600.00$1,466,700$2,285,100$1,658,000$1,576,575$1,621,449$1,544,300$1,175,200$1,173,400$1,173,400$1,291,100$2,229,300$1,174,300$1,714,700
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $2,954,100.00$4,157,200$3,185,800$3,819,500$3,985,975$3,276,449$3,443,700$1,829,500$1,867,800$2,190,800$2,242,000$4,759,400$2,588,200$2,487,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 New Mill Street 9/28/2022 $3,550,000 0 Antique 2,283 0.11 4 3-1 -
  Criteria
A 21 Pleasant Street 3/20/2025 $7,375,000 0.2 Conventional 1,936 0.11 3 1-2
B 11 Pine Street 10/3/2024 $3,500,000 0.2 Colonial 2,192 0.13 3 3-
C 87 Main Street 12/12/2024 $4,000,000 0.3 Antique 2,628 0.06 3 3-
D 2 Brocks Court 3/14/2025 $5,000,000 0.3 Antique 2,621 0.42 4 5-1
E 24 Fair Street 10/1/2024 $4,050,000 0.3 Antique 2,802 0.08 5 4-1
F 17 Lily Street 1/15/2025 $4,475,000 0.4 Colonial 2,532 0.12 4 3-1
G 1 Pinkham Circle 10/15/2024 $2,000,000 0.6 Cape Cod 1,956 0.48 3 2-
H 48 Meadow View Drive 10/8/2024 $600,000 0.7 Colonial 1,881 0.46 2 1-1
I 24 Meadow View Drive 12/4/2024 $2,250,000 0.7 Colonial 2,212 0.46 3 2-1
J 2 Wamasquid Place 2/13/2025 $2,500,000 0.7 Colonial 1,966 1.7 3 2-
K 16 Willard Street 10/25/2024 $6,200,000 0.8 Colonial 2,810 0.12 4 3-1
L 66 Madaket Road 11/8/2024 $3,647,500 0.9 Colonial 2,823 0.47 3 3-1
M 40 Walsh Street 10/10/2024 $4,688,000 0.9 Colonial 1,816 0.07 5 2-
Averages 119 days $3,868,115 0.54 --- 2,321 0.36 --- ---  

Estimation of Market Value - $3,766,849

As of today, 03/30/2025, the estimated market value of 7 New Mill Street, Nantucket considering the above 13 comparable properties is $3,766,849.

 

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
Subject Property22 Vestal Street17 Quaker Road5 Vestal Street5 Green Lane3 New Dollar Lane2 Vestal Street2 New Dollar Lane33 Milk Street6 Green Lane35 Milk Street7 New Mill Street2 Green Lane1 Copper Lane4 Vestal Street0 Copper Lane19 Quaker Road8 Copper Lane11 Vestal Street10 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
@ 7 New Mill Street 9/28/2022 $3,550,000 0 Antique 2,283 0.11 4 3-1 -
  Criteria
A 5 New Mill Street 8/16/2013 $1,500,000 0.0 Antique 3,331 0.18 4 3-
B 9 New Mill Street 2/10/2000 $665,000 0.0 Antique 2,812 0.12 5 4-1
C 12 Prospect Street 3/25/2010 $740,000 0.0 Cape Cod 1,575 0.07 3 2-
D 10 Prospect Street 9/6/2016 $1,125,000 0.0 Bungalow 1,281 0.1 2 2-1
E 14 New Mill Street 10/12/2021 $3,200,000 0.0 Antique 2,076 0.14 5 4-1
F 12 New Mill Street 11/20/2020 $0 0.0 Conventional 816 0.09 2 1-1
G 17 Prospect Street 10/19/2023 $2,845,000 0.0 Antique 2,062 0.17 4 3-1
H 3 New Mill Street 6/28/2002 $2,300,000 0.0 Colonial 3,198 0.12 5 4-1
I 10 New Mill Street 4/11/2017 $0 0.0 Antique 2,236 0.16 3 3-1
J 22 Milk Street 1/21/2016 $0 0.0 Antique 2,411 0.23 3 3-1
K 8 Prospect Street 3/11/2014 $710,000 0.0 Ranch 756 0.16 2 2-
L 19 Prospect Street 9/22/2003 $0 0.0 Vacant Land 0.11 -
M 18 Milk Street 5/15/2017 $4,253,600 0.0 Antique 3,749 0.32 5 3-1
N 11 Prospect Street 2/25/1991 $315,000 0.0 Antique 2,169 0.12 5 3-
O 1 Joy Street 9/10/2014 $725,000 0.0 Conventional 864 0.07 3 1-
P 21 Mill Street 2/6/2001 $0 0.0 Antique 1,476 0.12 3 3-
Q 26 Milk Street 3/19/2025 $1,187,500 0.0 Antique 2,473 0.24 4 3-1
R 11 New Mill Street 12/17/2012 $0 0.0 Antique 3,112 0.1 3 2-
S 6 Prospect Street 11/7/2002 $802,000 0.0 Antique 2,592 0.18 4 4-
T 19-A Mill Street 5/9/1994 $0 0.0 Antique 2,583 0.19 5 4-
U 21 Prospect Street 3/23/2021 $0 0.0 Antique 1,271 0.12 3 2-
V 9 Prospect Street 3/2/2022 $0 0.0 Antique 1,288 0.09 4 3-
W 6 New Mill Street 12/18/2012 $0 0.0 Colonial 2,880 0.13 5 4-1
X 4 Joy Street 4/3/2012 $0 0.0 Conventional 1,036 0.18 2 2-
Y 16 New Mill Street 10/2/2007 $1,690,000 0.0 Colonial 1,587 0.12 3 2-1
Z 17 Mill Street 12/16/2002 $0 0.1 Antique 2,200 0.19 4 3-
- 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
- 4 New Mill Street 8/5/2014 $0 0.1 Antique 2,955 0.16 5 4-1
- 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
- 15 Milk Street 12/17/2015 $1,740,000 0.1 Antique 2,219 0.15 5 4-
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
- 3 Joy Street 11/18/2014 $2,000,000 0.1 Antique 2,424 0.25 3 2-1
- 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
- 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-
- 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 25 Milk Street 2/24/2015 $0 0.1 Antique 1,208 0.08 2 1-1
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 6 Joy Street $0 0.1 Conventional 1,802 0.29 5 1-1
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 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-
- 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 14 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 8 Copper Lane 5/23/2014 $2,250,000 0.1 Custom Built 2,693 0.08 4 4-1
- 16 Mount Vernon Street 1/19/2007 $0 0.1 Antique 876 0.3 2 1-2
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 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
- 12 Mount Vernon Street 4/27/2007 $0 0.1 Antique 1,842 0.11 5 3-
- 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
- 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 6 Green Lane 5/16/2013 $1,470,000 0.1 Antique 1,515 0.08 3 2-1
- 3 Copper Lane 6/26/2003 $0 0.1 Gar/Apt Res 496 0.11 2 1-
- 14 Mount Vernon Street 9/27/1996 $459,000 0.1 Antique 1,994 0.17 4 3-
- 6 Copper Lane 5/30/2008 $0 0.1 Cape Cod 1,601 0.11 3 2-1
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 7 Joy Street 10/25/2018 $2,225,000 0.1 Custom Built 1,897 0.11 3 2-
- 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 4 Vestal Street $0 0.1 Dormitory 2,882 0.12 4 2-1
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 8 Vestal Street 10/14/2011 $0 0.1 Colonial 4,181 0.12 6 5-1
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 2 Vestal Street $0 0.1 Vacant Land 0.12 -
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 10 Vestal Street 9/21/2020 $2,575,000 0.1 Custom Built 2,643 0.11 4 4-1
- 6 Vestal Street 9/15/2000 $925,000 0.1 Antique 1,890 0.07 4 3-
- 7 Milk Street $0 0.1 Antique 4,718 0.21 3 3-
- 16 Vestal Street 7/18/2007 $1,445,000 0.1 Antique 2,212 0.12 4 4-1
- 10 Milk Street 11/15/2024 $4,375,000 0.1 Antique 3,352 0.1 5 4-1
- 18 Mount Vernon Street 12/14/2020 $1,350,000 0.1 Antique 1,328 0.23 2 2-1
- 14 Vestal Street 6/26/2015 $3,100,000 0.1 Colonial 2,816 0.12 6 5-1
- 2 Copper Lane 1/20/2017 $1,575,000 0.1 Cape Cod 1,364 0.13 3 2-
- 1 Copper Lane 10/24/2012 $2,200,000 0.1 Antique 2,589 0.14 3 3-1
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 7 North Mill Street 4/6/2022 $2,380,000 0.1 Vacant Land 0.52 -
- 1 Vestal Street $0 0.1 Antique 5,286 0.15 3 1-1
- 5 Vestal Street 12/5/2002 $737,000 0.1 Antique 1,779 0.09 2 2-1
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 5 Milk Street 4/25/2022 $5,000,000 0.1 Antique 5,039 0.18 6 4-3
- 2 New Dollar Lane 6/29/2007 $1,650,000 0.1 Vacant Land 0.12 -
- 7 Vestal Street $0 0.1 Antique 1,996 0.12 3 2-
- 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-
- 18 Vestal Street 2/9/2021 $0 0.1 Colonial 4,441 0.25 4 3-1
- 8 Milk Street 6/21/2005 $2,450,000 0.1 Antique 2,423 0.15 4 4-1
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 9 Vestal Street 5/12/2003 $1,800,000 0.1 Antique 3,092 0.16 4 3-
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 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-
- 11 Vestal Street 8/15/2024 $6,200,000 0.1 Antique 2,450 0.18 3 3-
- 37 Milk Street 8/31/2020 $3,090,000 0.1 Colonial 3,948 0.22 6 5-1
- 37 Prospect Street $0 0.1 Vacant Land 1.6 -
- 3 Milk Street 5/3/2023 $5,300,000 0.1 Antique 2,327 0.13 4 3-1
- 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
- 22 Vestal Street 12/2/2022 $1,500,000 0.1 Cottage 629 0.14 1 1-
Averages 4527 days $1,138,182 0.08 --- 2,044 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 44 7 New Mill Street