5 New Mill Street, Nantucket, MA 02554

5 New Mill Street Nantucket MA 02554
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Owner Information
Owner 1
Louisa H Schaefer
Owner 2
Owner's Address
P O Box 412 Brooklandville, MD 21022
Market Sale Information
Most recent sale date
8/16/2013
Previous sale date
06/21/2013
Transfer document #
01399-0135
Previous transfer document
01390-0212
Grantor
Elizabeth A Morris
Previous grantor
Elizabeth A Morris
Most recent sale price
$1,500,000.00
Previous sale price
$0.00
Site Information
Property ID
5544-8
Lot Size
0.18
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
Finished Area
3331
Number of Kitchen
1
Gross Living Area
4819
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
2024
Land Value
$1,016,900.00
Total value
$3,084,900.00
Building value
$2,068,000.00
Estimated tax
$9,655.00
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 5 New Mill Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $450.32 Style Antique Age 1780 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 4819 Heating Fuel Hot Water Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,068,000.00 AEM Value - Land $1,016,900.00 AEM Value - Other $0.00 AEM Value - Total $3,084,900.00
A) 45 Fair Street 0.3 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
B) 20 West Chester Street 0.5 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 New Mill Street 8/16/2013 $1,500,000 0 Antique 3,331 0.18 4 3- -
  Criteria
A 45 Fair Street 5/8/2024 $4,800,000 0.3 Custom Built 2,854 0.07 4 4-1
B 20 West Chester Street 6/17/2024 $6,995,000 0.5 Custom Built 3,287 0.28 4 4-2
Averages 33 days $5,897,500 0.43 --- 3,071 0.18 --- ---  

Estimation of Market Value - $4,986,467

As of today, 06/29/2024, the estimated market value of 5 New Mill Street, Nantucket considering the above 2 comparable properties is $4,986,467.

 

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
@ 5 New Mill Street 8/16/2013 $1,500,000 0 Antique 3,331 0.18 4 3- -
  Criteria
A 7 New Mill Street 9/28/2022 $3,550,000 0.0 Antique 2,283 0.11 4 3-1
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 3 New Mill Street 6/28/2002 $2,300,000 0.0 Colonial 3,198 0.12 5 4-1
E 10 Prospect Street 9/6/2016 $1,125,000 0.0 Bungalow 1,281 0.1 2 2-1
F 22 Milk Street 1/21/2016 $0 0.0 Antique 2,411 0.23 3 3-1
G 12 New Mill Street 11/20/2020 $0 0.0 Conventional 816 0.09 2 1-1
H 10 New Mill Street 4/11/2017 $0 0.0 Antique 2,236 0.16 3 3-1
I 14 New Mill Street 10/12/2021 $3,200,000 0.0 Antique 2,076 0.14 5 4-1
J 18 Milk Street 5/15/2017 $4,253,600 0.0 Antique 3,749 0.32 5 3-1
K 8 Prospect Street 3/11/2014 $710,000 0.0 Ranch 756 0.16 2 2-
L 17 Prospect Street 10/19/2023 $2,845,000 0.0 Antique 2,062 0.17 4 3-1
M 26 Milk Street 10/3/2019 $3,600,000 0.0 Antique 2,473 0.24 4 3-1
N 6 New Mill Street 12/18/2012 $0 0.0 Colonial 2,880 0.13 5 4-1
O 19 Prospect Street 9/22/2003 $0 0.0 Vacant Land 0.11 -
P 11 Prospect Street 2/25/1991 $315,000 0.0 Antique 2,169 0.12 5 3-
Q 21 Mill Street 2/6/2001 $0 0.0 Antique 1,476 0.12 3 3-
R 19-A Mill Street 5/9/1994 $0 0.0 Antique 2,583 0.19 5 4-
S 6 Prospect Street 11/7/2002 $802,000 0.0 Antique 2,592 0.18 4 4-
T 1 Joy Street 9/10/2014 $725,000 0.0 Conventional 864 0.07 3 1-
U 4 New Mill Street 8/5/2014 $0 0.0 Antique 2,955 0.16 5 4-1
V 15 Milk Street 12/17/2015 $1,740,000 0.0 Antique 2,219 0.15 5 4-
W 11 New Mill Street 12/17/2012 $0 0.1 Antique 3,112 0.1 3 2-
X 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
Y 21 Prospect Street 3/23/2021 $0 0.1 Antique 1,271 0.12 3 2-
Z 9 Prospect Street 3/2/2022 $0 0.1 Antique 1,288 0.09 4 3-
- 17 Mill Street 12/16/2002 $0 0.1 Antique 2,200 0.19 4 3-
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
- 21 Milk Street 9/28/2020 $2,920,000 0.1 Antique 3,154 0.34 4 3-1
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 16 New Mill Street 10/2/2007 $1,690,000 0.1 Colonial 1,587 0.12 3 2-1
- 4 Joy Street 4/3/2012 $0 0.1 Conventional 1,036 0.18 2 2-
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
- 25 Milk Street 2/24/2015 $0 0.1 Antique 1,208 0.08 2 1-1
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
- 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 3 Joy Street 11/18/2014 $2,000,000 0.1 Antique 2,424 0.25 3 2-1
- 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 8 Copper Lane 5/23/2014 $2,250,000 0.1 Custom Built 2,693 0.08 4 4-1
- 2 Green Lane 6/10/2013 $0 0.1 Ranch 1,102 0.2 1 1-
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 3 1-
- 14 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
- 6 Green Lane 5/16/2013 $1,470,000 0.1 Antique 1,515 0.08 3 2-1
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
- 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
- 27 Mill Street 11/17/2003 $1,425,000 0.1 Cottage 392 0.12 1 1-
- 6 Joy Street $0 0.1 Conventional 1,802 0.29 5 1-1
- 6 Copper Lane 5/30/2008 $0 0.1 Cape Cod 1,601 0.11 3 2-1
- 4 Vestal Street $0 0.1 Dormitory 2,882 0.12 4 2-1
- 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 2 Vestal Street $0 0.1 Vacant Land 0.12 -
- 3 Copper Lane 6/26/2003 $0 0.1 Gar/Apt Res 496 0.11 2 1-
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 8 Vestal Street 10/14/2011 $0 0.1 Colonial 4,181 0.12 6 5-1
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 6 Vestal Street 9/15/2000 $925,000 0.1 Antique 1,890 0.07 4 3-
- 10 Vestal Street 9/21/2020 $2,575,000 0.1 Custom Built 2,643 0.11 4 4-1
- 7 Milk Street $0 0.1 Antique 4,718 0.21 3 3-
- 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-
- 16 Mount Vernon Street 1/19/2007 $0 0.1 Antique 876 0.3 2 1-2
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 10 Milk Street 5/10/2019 $0 0.1 Antique 3,352 0.1 5 4-1
- 14 Mount Vernon Street 9/27/1996 $459,000 0.1 Antique 1,994 0.17 4 3-
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 16 Vestal Street 7/18/2007 $1,445,000 0.1 Antique 2,212 0.12 4 4-1
- 28 Mill Street 2/11/2011 $975,000 0.1 Antique 1,631 0.11 3 2-1
- 14 Vestal Street 6/26/2015 $3,100,000 0.1 Colonial 2,816 0.12 6 5-1
- 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
- 2 Copper Lane 1/20/2017 $1,575,000 0.1 Cape Cod 1,364 0.13 3 2-
- 7 Joy Street 10/25/2018 $2,225,000 0.1 Custom Built 1,897 0.11 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 -
- 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
- 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
- 5 Milk Street 4/25/2022 $5,000,000 0.1 Antique 5,039 0.18 6 4-3
- 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
- 7 Vestal Street $0 0.1 Antique 1,996 0.12 3 2-
- 2 New Dollar Lane 6/29/2007 $1,650,000 0.1 Vacant Land 0.12 -
- 18 Mount Vernon Street 12/14/2020 $1,350,000 0.1 Antique 1,328 0.23 2 2-1
- 4 New Dollar Lane 7/1/1998 $0 0.1 Antique 4,368 0.39 5 5-1
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 9 Mill Street 1/15/1997 $0 0.1 Antique 2,676 0.12 4 4-
- 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
- 8 Milk Street 6/21/2005 $2,450,000 0.1 Antique 2,423 0.15 4 4-1
- 18 Vestal Street 2/9/2021 $0 0.1 Colonial 4,441 0.25 4 3-1
- 7 North Mill Street 4/6/2022 $2,380,000 0.1 Vacant Land 0.52 -
- 9 Vestal Street 5/12/2003 $1,800,000 0.1 Antique 3,092 0.16 4 3-
- 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 11 Vestal Street 3/1/2019 $0 0.1 Antique 2,450 0.18 3 3-
- 3 Milk Street 5/3/2023 $5,300,000 0.1 Antique 2,327 0.13 4 3-1
- 0 Copper Lane 7/27/2007 $1,650,000 0.1 Ranch 2,943 0.16 4 4-
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 17 Quaker Road 8/29/2014 $75,000 0.1 Cape Cod 991 0.11 2 2-
- 114 Main Street 2/3/2014 $1,850,000 0.1 Antique 3,180 0.14 4 2-
- 112 Main Street 12/21/2020 $3,600,000 0.1 Antique 3,344 0.14 5 4-1
- 22 Vestal Street 12/2/2022 $1,500,000 0.1 Cottage 629 0.14 1 1-
- 118 Main Street 1/11/2007 $5,300,000 0.1 Conventional 4,330 0.4 4 3-1
- 4 Milk Street 3/23/2016 $0 0.1 Colonial 2,703 0.13 4 2-1
- 1 Bloom Street 12/4/2020 $2,180,000 0.1 Antique 2,134 0.13 3 2-2
- 37 Milk Street 8/31/2020 $3,090,000 0.1 Colonial 3,948 0.22 6 5-1
- 13-A Vestal Street $0 0.1 Antique 4,462 0.36 4 4-
- 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
- 110 Main Street 10/15/2015 $0 0.1 Antique 4,690 0.16 5 7-1
- 2 Milk Street 3/4/2003 $433,152 0.1 Colonial 1,408 0.34 3 2-
- 8 Mill Street $737,400 0.1 Antique 3,104 0.11 4 3-
- 13-B Vestal Street 8/22/1988 $440,000 0.1 Conventional 1,858 0.13 3 2-1
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 1 Milk Street 11/23/2004 $2,200,000 0.1 Antique 3,165 0.1 4 3-1
Averages 4350 days $1,132,428 0.08 --- 2,142 0.16 --- ---  
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 8 5 New Mill Street