48 Prospect Street, Nantucket, MA 02554

48 Prospect Street Nantucket MA 02554
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Owner Information
Owner 1
Cathleen E Lepore
Owner 2
Owner's Address
57 Prospect St Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/1/1989
Previous sale date
Transfer document #
00331-0189
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
5544-55-1
Lot Size
0.34
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1985
Number of full baths
3
Condition
Number of half baths
Finished Area
2144
Number of Kitchen
1
Gross Living Area
3392
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
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
$1,036,900.00
Total value
$2,197,400.00
Building value
$1,160,500.00
Estimated tax
$6,877.00
Yard improvement value
$0.00
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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 48 Prospect Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1985 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 3392 Heating Fuel Hot Water Detached Garage Lot Size 0.34 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,160,500.00 AEM Value - Land $1,036,900.00 AEM Value - Other $0.00 AEM Value - Total $2,197,400.00
A) 11 Vestal Street 0.3 8/15/2024 $6,200,000 2,450 2 $2530.61 Antique 1820 3 3 4617 Hot Water 0.18 Asph/F Gls/Cmp $2,772,500 $1,016,900 $0 $3,789,400
B) 1 Walsh Street 0.8 4/18/2024 $4,950,000 2,237 2 $2212.78 Cape Cod 1913 4 3 1 2748 Forced Air-Duc 0.15 Wood Shingle $1,603,200 $2,337,000 $0 $3,940,200
C) 49-A Madaket Road 0.9 7/18/2024 $4,137,500 2,271 1 $1821.88 Colonial 1998 4 3 1 3261 Forced Air-Duc 0.5 Wood Shingle $2,289,600 $1,239,000 $0 $3,528,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Prospect Street 9/1/1989 $0 0 Colonial 2,144 0.34 4 3- -
  Criteria
A 11 Vestal Street 8/15/2024 $6,200,000 0.3 Antique 2,450 0.18 3 3-
B 1 Walsh Street 4/18/2024 $4,950,000 0.8 Cape Cod 2,237 0.15 4 3-1
C 49-A Madaket Road 7/18/2024 $4,137,500 0.9 Colonial 2,271 0.5 4 3-1
Averages 94 days $5,095,833 0.65 --- 2,319 0.28 --- ---  

Estimation of Market Value - $3,847,227

As of today, 09/29/2024, the estimated market value of 48 Prospect Street, Nantucket considering the above 3 comparable properties is $3,847,227.

 

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
@ 48 Prospect Street 9/1/1989 $0 0 Colonial 2,144 0.34 4 3- -
  Criteria
A 44 Prospect Street 3/8/1988 $450,000 0.0 Antique 2,069 0.57 4 3-
B 50 Prospect Street $0 0.0 Outbuildings 0.44 -
C 7 South Mill Street 3/14/2003 $0 0.0 Conventional 2,218 0.59 3 2-1
D 38 North Mill Street 7/15/2022 $5,250,000 0.0 Colonial 3,959 0.2 7 7-1
E 9 South Mill Street 3/14/2003 $0 0.0 Vacant Land 0.33 -
F 48 York Street 9/7/2005 $695,000 0.1 Cape Cod 1,070 0.13 3 2-
G 47 Prospect Street 8/1/1963 $0 0.1 Vacant Land 6.55 -
H 54 Prospect Street 7/6/2020 $1,181,500 0.1 Custom Built 1,258 0.06 2 1-
I 3 South Mill Street 2/13/2017 $2,725,000 0.1 Conventional 2,743 0.5 4 2-1
J 10-B Angola Street 12/7/2021 $2,000,000 0.1 Colonial 2,814 0.2 3 3-
K 39 York Street $0 0.1 Outbuildings 1.36 -
L 8 Angola Street 9/15/1999 $370,000 0.1 Vacant Land 0.12 -
M 14 South Mill Street 7/14/2004 $0 0.1 Custom Built 2,899 0.27 3 3-1
N 6 Angola Street 10/24/2012 $0 0.1 Colonial 2,518 0.12 4 3-
O 39 Prospect Street $0 0.1 Vacant Land 0.53 -
P 40 York Street 5/29/2013 $1,100,000 0.1 Conventional 1,631 0.22 3 2-
Q 10 South Mill Street 5/22/2014 $1,465,000 0.1 Colonial 2,952 0.17 4 4-1
R 7 North Mill Street 4/6/2022 $2,380,000 0.1 Vacant Land 0.52 -
S 5 Angola Street 2/7/2020 $0 0.1 Colonial 3,308 0.12 3 3-
T 8 South Mill Street 7/11/2016 $0 0.1 Colonial 3,096 0.13 4 4-1
U 12 Candle House Lane 8/31/2011 $2,420,000 0.1 Antique 4,023 0.14 4 5-2
V 10 Candle House Lane 10/27/2020 $3,550,000 0.1 Custom Built 5,366 0.15 5 5-2
W 38 York Street-Lot 201 2/27/1998 $0 0.1 Colonial 2,264 0.19 3 2-1
X 14 Candle House Lane 11/2/2017 $0 0.1 Vacant Land 0.13 -
Y 37 Prospect Street $0 0.1 Vacant Land 1.6 -
Z 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
- 4 South Mill Street 2/17/2021 $0 0.1 Service Shop 2,304 0.17 0 1-
- 37 York Street 12/18/2019 $2,275,000 0.1 Bungalow 2,909 0.23 5 3-1
- 1 South Mill Street 6/24/2024 $900,000 0.1 Outbuildings 0.03 -
- 4 Candle House Lane 1/27/2020 $0 0.1 Outbuildings 0.19 -
- 3 Angola Street 11/23/2011 $0 0.1 Colonial 2,713 0.19 4 4-
- 6 Candle House Lane 11/8/2012 $1,350,000 0.1 Colonial 2,368 0.12 4 3-1
- 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
- 2 South Mill Street 10/28/2009 $1,154,621 0.1 Conventional 1,400 0.08 3 2-
- 38 York Street 2/20/2015 $0 0.1 Antique 1,838 0.29 3 2-1
- 58 Prospect Street 7/8/2020 $0 0.1 Conventional 1,746 0.22 4 2-
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 33 Pleasant Street 6/13/2019 $1,871,000 0.1 Colonial 2,284 0.23 4 5-
- 0 North Mill Street $0 0.1 Vacant Land 1.22 -
- 11 Candle House Lane $0 0.1 Vacant Land 0.12 -
- 29 Pleasant Street 9/16/2008 $0 0.1 Family Conver. 1,895 0.21 3 2-
- 33 York Street 5/7/2010 $990,000 0.1 Antique 2,156 0.18 3 3-1
- 23 Pleasant Street 3/5/2021 $0 0.1 Cape Cod 2,448 0.36 4 2-1
- 36 York Street 9/24/2021 $2,492,000 0.1 Antique 1,942 0.07 3 3-
- 35 Pleasant Street 9/17/2024 $3,735,000 0.1 Bungalow 1,680 0.23 2 1-
- 21 Pleasant Street 11/24/2021 $1,950,000 0.1 Conventional 1,936 0.11 3 1-2
- 2 North Mill Street 9/8/2004 $0 0.1 Antique 1,672 0.12 4 3-
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 37 Pleasant Street 8/30/2022 $0 0.1 Cape Cod 2,738 0.19 4 3-1
- 25 Pleasant Street 6/15/2018 $1,675,000 0.1 Antique 1,721 0.12 4 3-
- 39 Pleasant Street 8/11/2021 $400,000 0.1 Conventional 2,394 0.24 4 1-1
- 60 Prospect Street 12/27/2005 $0 0.1 Vacant Land 0.18 -
- 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
Averages 4138 days $849,854 0.09 --- 1,638 0.4 --- ---  
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 55 1 48 Prospect Street