38 North Mill Street, Nantucket, MA 02554

38 North Mill Street Nantucket MA 02554
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Owner Information
Owner 1
Andrew Torregrossa & Sons Inc
Owner 2
Owner's Address
1305 79Th Street Brooklyn, NY 11228
Market Sale Information
Most recent sale date
7/15/2022
Previous sale date
09/01/2020
Transfer document #
C28893-
Previous transfer document
C27819-0
Grantor
38 Prospect LLC
Previous grantor
Mueller Nantucket Associates LLC
Most recent sale price
$5,250,000.00
Previous sale price
$934,000.00
Site Information
Property ID
5544-56
Lot Size
0.2
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
7
Year Built
2021
Number of full baths
7
Condition
Number of half baths
1
Finished Area
3959
Number of Kitchen
Gross Living Area
5424
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,182,500.00
Total value
$5,359,900.00
Building value
$4,177,400.00
Estimated tax
$16,776.00
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 38 North Mill Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,326.09 Style Colonial Age 2021 Rooms Bedrooms 7 Full baths 7 Half baths 1 Gross Living Area 5424 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.2 Roof Cover Wood Shingle AEM Value - Building $4,177,400.00 AEM Value - Land $1,182,500.00 AEM Value - Other $0.00 AEM Value - Total $5,359,900.00
A) 12 Washaman Avenue 0.5 6/14/2024 $3,495,000 3,090 1 $1131.07 Cape Cod 1991 6 4 1 6562 Hot Water 0.34 Asph/F Gls/Cmp $1,332,500 $702,000 $0 $2,034,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 North Mill Street 7/15/2022 $5,250,000 0 Colonial 3,959 0.2 7 7-1 -
  Criteria
A 12 Washaman Avenue 6/14/2024 $3,495,000 0.5 Cape Cod 3,090 0.34 6 4-1
Averages 107 days $3,495,000 0.50 --- 3,090 0.34 --- ---  

Estimation of Market Value - $6,842,746

As of today, 09/29/2024, the estimated market value of 38 North Mill Street, Nantucket considering the above 1 comparable properties is $6,842,746.

 

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
@ 38 North Mill Street 7/15/2022 $5,250,000 0 Colonial 3,959 0.2 7 7-1 -
  Criteria
A 44 Prospect Street 3/8/1988 $450,000 0.0 Antique 2,069 0.57 4 3-
B 7 North Mill Street 4/6/2022 $2,380,000 0.0 Vacant Land 0.52 -
C 48 Prospect Street 9/1/1989 $0 0.0 Colonial 2,144 0.34 4 3-
D 10-B Angola Street 12/7/2021 $2,000,000 0.1 Colonial 2,814 0.2 3 3-
E 39 Prospect Street $0 0.1 Vacant Land 0.53 -
F 37 Prospect Street $0 0.1 Vacant Land 1.6 -
G 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
H 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
I 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
J 14 Candle House Lane 11/2/2017 $0 0.1 Vacant Land 0.13 -
K 7 South Mill Street 3/14/2003 $0 0.1 Conventional 2,218 0.59 3 2-1
L 12 Candle House Lane 8/31/2011 $2,420,000 0.1 Antique 4,023 0.14 4 5-2
M 9 South Mill Street 3/14/2003 $0 0.1 Vacant Land 0.33 -
N 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
O 50 Prospect Street $0 0.1 Outbuildings 0.44 -
P 8 Angola Street 9/15/1999 $370,000 0.1 Vacant Land 0.12 -
Q 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
R 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
S 10 Candle House Lane 10/27/2020 $3,550,000 0.1 Custom Built 5,366 0.15 5 5-2
T 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
U 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
V 14 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
W 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
X 3 South Mill Street 2/13/2017 $2,725,000 0.1 Conventional 2,743 0.5 4 2-1
Y 6 Angola Street 10/24/2012 $0 0.1 Colonial 2,518 0.12 4 3-
Z 5 Angola Street 2/7/2020 $0 0.1 Colonial 3,308 0.12 3 3-
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
- 2 North Mill Street 9/8/2004 $0 0.1 Antique 1,672 0.12 4 3-
- 11 Candle House Lane $0 0.1 Vacant Land 0.12 -
- 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
- 47 Prospect Street 8/1/1963 $0 0.1 Vacant Land 6.55 -
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 6 Candle House Lane 11/8/2012 $1,350,000 0.1 Colonial 2,368 0.12 4 3-1
- 8 Mill Street $737,400 0.1 Antique 3,104 0.11 4 3-
- 4 Candle House Lane 1/27/2020 $0 0.1 Outbuildings 0.19 -
- 19 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 0 North Mill Street $0 0.1 Vacant Land 1.22 -
- 4 Mill Street $0 0.1 Antique 2,737 0.2 4 2-
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 48 York Street 9/7/2005 $695,000 0.1 Cape Cod 1,070 0.13 3 2-
- 19-A Mill Street 5/9/1994 $0 0.1 Antique 2,583 0.19 5 4-
- 17 Mill Street 12/16/2002 $0 0.1 Antique 2,200 0.19 4 3-
- 21 Mill Street 2/6/2001 $0 0.1 Antique 1,476 0.12 3 3-
- 3 Angola Street 11/23/2011 $0 0.1 Colonial 2,713 0.19 4 4-
- 21 Prospect Street 3/23/2021 $0 0.1 Antique 1,271 0.12 3 2-
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
- 9 Mill Street 1/15/1997 $0 0.1 Antique 2,676 0.12 4 4-
- 2 Mill Street $0 0.1 Colonial 1,917 0.13 3 4-
- 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
- 54 Prospect Street 7/6/2020 $1,181,500 0.1 Custom Built 1,258 0.06 2 1-
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 14 South Mill Street 7/14/2004 $0 0.1 Custom Built 2,899 0.27 3 3-1
- 5 Mill Street 10/20/2015 $2,215,000 0.1 Antique 4,215 0.17 6 6-1
- 16 New Mill Street 10/2/2007 $1,690,000 0.1 Colonial 1,587 0.12 3 2-1
- 1 South Mill Street 6/24/2024 $900,000 0.1 Outbuildings 0.03 -
- 10 South Mill Street 5/22/2014 $1,465,000 0.1 Colonial 2,952 0.17 4 4-1
- 39 York Street $0 0.1 Outbuildings 1.36 -
- 8 South Mill Street 7/11/2016 $0 0.1 Colonial 3,096 0.13 4 4-1
- 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
- 21 Pleasant Street 11/24/2021 $1,950,000 0.1 Conventional 1,936 0.11 3 1-2
- 19 Prospect Street 9/22/2003 $0 0.1 Vacant Land 0.11 -
- 9 Candle House Lane 1/4/2010 $0 0.1 Conventional 1,352 0.6 1 1-
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 14 New Mill Street 10/12/2021 $3,200,000 0.1 Antique 2,076 0.14 5 4-1
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 4 South Mill Street 2/17/2021 $0 0.1 Service Shop 2,304 0.17 0 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
- 3 Mill Street $0 0.1 Colonial 2,425 0.22 4 4-
- 23 Pleasant Street 3/5/2021 $0 0.1 Cape Cod 2,448 0.36 4 2-1
- 19 Pleasant Street 1/4/2010 $0 0.1 Mansion 5,272 0.21 5 5-4
Averages 4594 days $889,393 0.10 --- 1,719 0.34 --- ---  
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 56 38 North Mill Street