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
2024
Land Value
$1,003,900.00
Total value
$3,003,500.00
Building value
$1,999,600.00
Estimated tax
$9,400.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7 New Mill Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,554.97 Style Antique Age 1780 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 3326 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.11 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,999,600.00 AEM Value - Land $1,003,900.00 AEM Value - Other $0.00 AEM Value - Total $3,003,500.00
A) 108 Main Street 0.1 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) 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
C) 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
D) 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
E) 7 Yompasham Lane 0.5 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
F) 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
G) 23 Walsh Street 0.8 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
H) 8 Essex Road 0.9 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
I) 10 Aurora Way 0.9 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) 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
K) 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
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
# 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 108 Main Street 3/19/2024 $4,500,000 0.1 Antique 2,005 0.17 6 4-1
B 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.4 Cape Cod 1,830 0.24 5 2-
D 20 New Lane 1/17/2024 $4,350,000 0.4 Colonial 2,247 0.12 4 3-1
E 7 Yompasham Lane 2/14/2024 $2,262,500 0.5 Conventional 1,878 0.25 3 3-
F 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
G 23 Walsh Street 2/2/2024 $4,937,500 0.8 Colonial 1,774 0.12 4 4-1
H 8 Essex Road 5/15/2024 $1,900,000 0.9 Colonial 1,872 0.31 3 3-
I 10 Aurora Way 1/9/2024 $4,650,000 0.9 Colonial 2,468 0.18 4 3-1
J 40 Walsh Street 1/4/2024 $2,900,000 0.9 Colonial 1,816 0.07 5 2-
K 56 Walsh Street 2/15/2024 $5,000,000 0.9 Cape Cod 2,028 0.11 5 3-1
L 8 Luff Road 5/9/2024 $1,900,000 0.9 Ranch 1,894 0.36 3 2-
Averages 120 days $3,454,167 0.63 --- 2,018 0.18 --- ---  

Estimation of Market Value - $3,877,061

As of today, 06/29/2024, the estimated market value of 7 New Mill Street, Nantucket considering the above 12 comparable properties is $3,877,061.

 

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
  • 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 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 10/3/2019 $3,600,000 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 5/10/2019 $0 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 3/1/2019 $0 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 4309 days $1,070,724 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