16 Prospect Street, Nantucket, MA 02554

16 Prospect Street Nantucket MA 02554
Owner Information
Owner 1
Robert J Miklos & Mary F
Owner 2
Owner's Address
431 King Street Hanover, MA 02339
Market Sale Information
Most recent sale date
10/9/2009
Previous sale date
01/27/2009
Transfer document #
01202-0176
Previous transfer document
01167-0309
Grantor
Arsdale Francis Van
Previous grantor
Arsdale Mary E Van
Most recent sale price
$537,500.00
Previous sale price
$0.00
Site Information
Property ID
5544-74
Lot Size
0.13
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
1.75
Number of Beds
2
Year Built
1800
Number of full baths
2
Condition
Number of half baths
Finished Area
1284
Number of Kitchen
1
Gross Living Area
1728
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
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,051,100.00
Total value
$2,141,100.00
Building value
$1,090,000.00
Estimated tax
$7,022.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
5 Friendship Lane16 Prospect Street$1,960,000$1,980,000$2,000,000$2,020,000$2,040,000$2,060,000$2,080,000$2,100,000$2,120,000$2,140,000$2,160,000Subject PropertyTotal Assessment ($)Total Assessment
Address 16 Prospect Street A) 5 Friendship Lane
Photo
Plan
Map
Proximity 0.8
Last Sold 11/21/2024
Price $2,795,000
Net Living Area 1,376
Stories 1
Sale Price/sft $418.61$2031.25
Style AntiqueCape Cod
Age 18001986
Rooms
Bedrooms 23
Full baths 22
Half baths
Gross Living Area 17282976
Heating Fuel Hot WaterElectr Basebrd
Detached Garage
Lot Size 0.130.46
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,090,000.00$1,291,100
AEM Value - Land $1,051,100.00$741,200
AEM Value - Other $0.00$0
AEM Value - Total $2,141,100.00$2,032,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Prospect Street 10/9/2009 $537,500 0 Antique 1,284 0.13 2 2- -
  Criteria
A 5 Friendship Lane 11/21/2024 $2,795,000 0.8 Cape Cod 1,376 0.46 3 2-
Averages 130 days $2,795,000 0.83 --- 1,376 0.46 --- ---  

Estimation of Market Value - $2,776,378

As of today, 03/30/2025, the estimated market value of 16 Prospect Street, Nantucket considering the above 1 comparable properties is $2,776,378.

 

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 Property0 North Mill Street5 Green Lane3 New Dollar Lane16 Prospect Street2 New Dollar Lane23 Milk Street2 Green Lane2 New Mill Street15 Milk Street4 Starbuck Court9 Mill Street22 Milk Street11 Milk Street21 Milk Street14 Milk Street7 Green Lane5 New Dollar Lane6 New Mill Street4 New Mill Street3 New Mill Street10 Milk Street12 Milk Street26 Milk Street11 Mill Street-Lot 3218 Milk Street4 New Dollar Lane5 Mill Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Prospect Street 10/9/2009 $537,500 0 Antique 1,284 0.13 2 2- -
  Criteria
A 18 Mill Street 11/14/2022 $7,180,000 0.0 Custom Built 4,376 0.16 4 4-1
B 26 Prospect Street 1/8/2018 $1,093,000 0.0 Antique 1,613 0.11 3 2-1
C 25 Prospect Street 12/10/2012 $0 0.0 Cape Cod 1,046 0.16 2 1-1
D 23 Prospect Street $952,000 0.0 Antique 1,426 0.12 3 5-
E 16 Mill Street 10/30/2020 $159,300 0.0 Custom Built 2,656 0.2 4 4-
F 21 Mill Street 2/6/2001 $0 0.0 Antique 1,476 0.12 3 3-
G 19-A Mill Street 5/9/1994 $0 0.0 Antique 2,583 0.19 5 4-
H 21 Prospect Street 3/23/2021 $0 0.0 Antique 1,271 0.12 3 2-
I 14 Mill Street 1/10/2018 $920,000 0.0 Vacant Land 0.11 -
J 24 Mill Street 6/29/2017 $2,275,000 0.0 Antique 2,701 0.14 5 3-
K 27 Prospect Street 7/28/2014 $0 0.0 Cape Cod 1,936 0.41 3 2-
L 17 Mill Street 12/16/2002 $0 0.0 Antique 2,200 0.19 4 3-
M 14 New Mill Street 10/12/2021 $3,200,000 0.0 Antique 2,076 0.14 5 4-1
N 19 Prospect Street 9/22/2003 $0 0.0 Vacant Land 0.11 -
O 7 North Mill Street 4/6/2022 $2,380,000 0.0 Vacant Land 0.52 -
P 16 New Mill Street 10/2/2007 $1,690,000 0.0 Colonial 1,587 0.12 3 2-1
Q 12 Mill Street 1/10/2018 $920,000 0.0 Vacant Land 0.11 -
R 12 New Mill Street 11/20/2020 $0 0.0 Conventional 816 0.09 2 1-1
S 18 New Mill Street 5/9/2018 $0 0.0 Cape Cod 2,219 0.12 3 2-1
T 10 New Mill Street 4/11/2017 $0 0.0 Antique 2,236 0.16 3 3-1
U 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
V 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
W 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
X 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
Y 9 New Mill Street 2/10/2000 $665,000 0.1 Antique 2,812 0.12 5 4-1
Z 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 11 New Mill Street 12/17/2012 $0 0.1 Antique 3,112 0.1 3 2-
- 17 Prospect Street 10/19/2023 $2,845,000 0.1 Antique 2,062 0.17 4 3-1
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
- 37 Prospect Street $0 0.1 Vacant Land 1.6 -
- 7 New Mill Street 9/28/2022 $3,550,000 0.1 Antique 2,283 0.11 4 3-1
- 5 New Mill Street 8/16/2013 $1,500,000 0.1 Antique 3,331 0.18 4 3-
- 6 New Mill Street 12/18/2012 $0 0.1 Colonial 2,880 0.13 5 4-1
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 12 Prospect Street 3/25/2010 $740,000 0.1 Cape Cod 1,575 0.07 3 2-
- 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
- 4 Joy Street 4/3/2012 $0 0.1 Conventional 1,036 0.18 2 2-
- 3 New Mill Street 6/28/2002 $2,300,000 0.1 Colonial 3,198 0.12 5 4-1
- 4 New Mill Street 8/5/2014 $0 0.1 Antique 2,955 0.16 5 4-1
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 38 North Mill Street 7/15/2022 $5,250,000 0.1 Colonial 3,959 0.2 7 7-1
- 18 Milk Street 5/15/2017 $4,253,600 0.1 Antique 3,749 0.32 5 3-1
- 6 Joy Street $0 0.1 Conventional 1,802 0.29 5 1-1
- 10 Prospect Street 9/6/2016 $1,125,000 0.1 Bungalow 1,281 0.1 2 2-1
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 14 Candle House Lane 11/2/2017 $0 0.1 Vacant Land 0.13 -
- 1 Joy Street 9/10/2014 $725,000 0.1 Conventional 864 0.07 3 1-
- 9 Mill Street 1/15/1997 $0 0.1 Antique 2,676 0.12 4 4-
- 19 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 39 Prospect Street $0 0.1 Vacant Land 0.53 -
- 11 Prospect Street 2/25/1991 $315,000 0.1 Antique 2,169 0.12 5 3-
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 2 North Mill Street 9/8/2004 $0 0.1 Antique 1,672 0.12 4 3-
- 8 Mill Street $737,400 0.1 Antique 3,104 0.11 4 3-
- 22 Milk Street 1/21/2016 $0 0.1 Antique 2,411 0.23 3 3-1
- 8 Prospect Street 3/11/2014 $710,000 0.1 Ranch 756 0.16 2 2-
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
- 12 Candle House Lane 8/31/2011 $2,420,000 0.1 Antique 4,023 0.14 4 5-2
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 9 Prospect Street 3/2/2022 $0 0.1 Antique 1,288 0.09 4 3-
- 3 Joy Street 11/18/2014 $2,000,000 0.1 Antique 2,424 0.25 3 2-1
- 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
- 15 Milk Street 12/17/2015 $1,740,000 0.1 Antique 2,219 0.15 5 4-
- 5 Mill Street 10/20/2015 $2,215,000 0.1 Antique 4,215 0.17 6 6-1
- 11 Candle House Lane $0 0.1 Vacant Land 0.12 -
- 26 Milk Street 3/19/2025 $1,187,500 0.1 Antique 2,473 0.24 4 3-1
- 6 Prospect Street 11/7/2002 $802,000 0.1 Antique 2,592 0.18 4 4-
- 10-B Angola Street 12/7/2021 $2,000,000 0.1 Colonial 2,814 0.2 3 3-
- 4 New Dollar Lane 7/1/1998 $0 0.1 Antique 4,368 0.39 5 5-1
- 4 Mill Street $0 0.1 Antique 2,737 0.2 4 2-
- 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
- 44 Prospect Street 3/8/1988 $450,000 0.1 Antique 2,069 0.57 4 3-
- 7 Joy Street 10/25/2018 $2,225,000 0.1 Custom Built 1,897 0.11 3 2-
- 16 Mount Vernon Street 1/19/2007 $0 0.1 Antique 876 0.3 2 1-2
- 10 Milk Street 11/15/2024 $4,375,000 0.1 Antique 3,352 0.1 5 4-1
- 10 Candle House Lane 10/27/2020 $3,550,000 0.1 Custom Built 5,366 0.15 5 5-2
- 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
- 2 Green Lane 6/10/2013 $0 0.1 Ranch 1,102 0.2 1 1-
- 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 2 New Dollar Lane 6/29/2007 $1,650,000 0.1 Vacant Land 0.12 -
- 21 Milk Street 9/28/2020 $2,920,000 0.1 Antique 3,154 0.34 4 3-1
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
- 4 Starbuck Court 12/12/2022 $2,950,000 0.1 Antique 1,709 0.13 2 1-1
- 2 Mill Street $0 0.1 Colonial 1,917 0.13 3 4-
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
- 0 North Mill Street $0 0.1 Vacant Land 1.22 -
- 18 Mount Vernon Street 12/14/2020 $1,350,000 0.1 Antique 1,328 0.23 2 2-1
Averages 4336 days $1,176,594 0.08 --- 1,940 0.21 --- ---  
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 74 16 Prospect Street