16 New Mill Street, Nantucket, MA 02554

16 New Mill Street Nantucket MA 02554
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Owner Information
Owner 1
New Mill LLC
Owner 2
Owner's Address
47 Chestnut St Boston, MA 02108
Market Sale Information
Most recent sale date
10/2/2007
Previous sale date
09/20/1993
Transfer document #
C0022756-
Previous transfer document
C0015-0921
Grantor
Nancy L Kaye
Previous grantor
Zydeco Investments Inc
Most recent sale price
$1,690,000.00
Previous sale price
$390,000.00
Site Information
Property ID
5544-96-2
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1992
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1587
Number of Kitchen
1
Gross Living Area
2144
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
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,011,900.00
Total value
$1,818,900.00
Building value
$807,000.00
Estimated tax
$5,693.00
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 16 New Mill Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,064.90 Style Colonial Age 1992 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2144 Heating Fuel Hot Water Detached Garage Lot Size 0.12 Roof Cover Wood Shingle AEM Value - Building $807,000.00 AEM Value - Land $1,011,900.00 AEM Value - Other $0.00 AEM Value - Total $1,818,900.00
A) 38 Pine Street 0.3 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
B) 149 Main Street 0.3 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
C) 16 Polliwog Pond Road 0.3 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) 3 Back Street 0.5 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
E) 1 Back Street 0.5 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
F) 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
G) 4 York Street 0.5 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
H) 31 Surfside Road 0.6 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
I) 121 Orange Street 0.6 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
J) 33 West Chester Street 0.6 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
K) 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
L) 12 Pilgrim Road 0.8 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
M) 8 Essex Road 0.8 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
N) 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
O) 23 Walsh Street 0.9 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
P) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 New Mill Street 10/2/2007 $1,690,000 0 Colonial 1,587 0.12 3 2-1 -
  Criteria
A 38 Pine Street 1/31/2024 $2,225,000 0.3 Antique 1,707 0.07 3 1-1
B 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.3 Cape Cod 1,830 0.24 5 2-
D 3 Back Street 1/2/2024 $2,900,000 0.5 Ranch 1,344 0.12 3 2-
E 1 Back Street 1/2/2024 $2,900,000 0.5 Colonial 1,520 0.12 2 2-
F 7 Yompasham Lane 2/14/2024 $2,262,500 0.5 Conventional 1,878 0.25 3 3-
G 4 York Street 3/28/2024 $2,175,000 0.5 Antique 1,489 0.07 3 2-
H 31 Surfside Road 5/23/2024 $2,125,000 0.6 Cape Cod 1,404 0.15 3 2-
I 121 Orange Street 3/1/2024 $800,000 0.6 Antique 1,574 0.3 3 1-
J 33 West Chester Street 6/26/2024 $2,825,000 0.6 Bungalow 1,577 0.14 3 2-
K 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
L 12 Pilgrim Road 5/7/2024 $2,825,000 0.8 Ranch 1,365 0.17 3 1-
M 8 Essex Road 5/15/2024 $1,900,000 0.8 Colonial 1,872 0.31 3 3-
N 8 Luff Road 5/9/2024 $1,900,000 0.9 Ranch 1,894 0.36 3 2-
O 23 Walsh Street 2/2/2024 $4,937,500 0.9 Colonial 1,774 0.12 4 4-1
P 40 Walsh Street 1/4/2024 $2,900,000 0.9 Colonial 1,816 0.07 5 2-
Averages 105 days $2,646,875 0.60 --- 1,670 0.17 --- ---  

Estimation of Market Value - $2,496,287

As of today, 06/30/2024, the estimated market value of 16 New Mill Street, Nantucket considering the above 16 comparable properties is $2,496,287.

 

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
@ 16 New Mill Street 10/2/2007 $1,690,000 0 Colonial 1,587 0.12 3 2-1 -
  Criteria
A 18 New Mill Street 5/9/2018 $0 0.0 Cape Cod 2,219 0.12 3 2-1
B 19 Prospect Street 9/22/2003 $0 0.0 Vacant Land 0.11 -
C 21 Prospect Street 3/23/2021 $0 0.0 Antique 1,271 0.12 3 2-
D 11 New Mill Street 12/17/2012 $0 0.0 Antique 3,112 0.1 3 2-
E 23 Prospect Street $952,000 0.0 Antique 1,426 0.12 3 5-
F 24 Mill Street 6/29/2017 $2,275,000 0.0 Antique 2,701 0.14 5 3-
G 27 Mill Street 11/17/2003 $1,425,000 0.0 Cottage 392 0.12 1 1-
H 17 Prospect Street 10/19/2023 $2,845,000 0.0 Antique 2,062 0.17 4 3-1
I 21 Mill Street 2/6/2001 $0 0.0 Antique 1,476 0.12 3 3-
J 25 Prospect Street 12/10/2012 $0 0.0 Cape Cod 1,046 0.16 2 1-1
K 14 New Mill Street 10/12/2021 $3,200,000 0.0 Antique 2,076 0.14 5 4-1
L 4 Joy Street 4/3/2012 $0 0.0 Conventional 1,036 0.18 2 2-
M 28 Mill Street 2/11/2011 $975,000 0.0 Antique 1,631 0.11 3 2-1
N 9 New Mill Street 2/10/2000 $665,000 0.0 Antique 2,812 0.12 5 4-1
O 6 Joy Street $0 0.0 Conventional 1,802 0.29 5 1-1
P 16 Prospect Street 10/9/2009 $537,500 0.0 Antique 1,284 0.13 2 2-
Q 8 Mill Hill Lane 2/27/2018 $700,000 0.0 Bungalow 783 0.1 2 1-
R 27 Prospect Street 7/28/2014 $0 0.0 Cape Cod 1,936 0.41 3 2-
S 12 New Mill Street 11/20/2020 $0 0.0 Conventional 816 0.09 2 1-1
T 12 Prospect Street 3/25/2010 $740,000 0.0 Cape Cod 1,575 0.07 3 2-
U 7 New Mill Street 9/28/2022 $3,550,000 0.0 Antique 2,283 0.11 4 3-1
V 19-A Mill Street 5/9/1994 $0 0.0 Antique 2,583 0.19 5 4-
W 1 Joy Street 9/10/2014 $725,000 0.0 Conventional 864 0.07 3 1-
X 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
Y 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
Z 11 Prospect Street 2/25/1991 $315,000 0.1 Antique 2,169 0.12 5 3-
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 10 New Mill Street 4/11/2017 $0 0.1 Antique 2,236 0.16 3 3-1
- 5 New Mill Street 8/16/2013 $1,500,000 0.1 Antique 3,331 0.18 4 3-
- 10 Prospect Street 9/6/2016 $1,125,000 0.1 Bungalow 1,281 0.1 2 2-1
- 3 Joy Street 11/18/2014 $2,000,000 0.1 Antique 2,424 0.25 3 2-1
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 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-
- 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 8 Prospect Street 3/11/2014 $710,000 0.1 Ranch 756 0.16 2 2-
- 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
- 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
- 14 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 3 New Mill Street 6/28/2002 $2,300,000 0.1 Colonial 3,198 0.12 5 4-1
- 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
- 37 Prospect Street $0 0.1 Vacant Land 1.6 -
- 15 Mill Street 10/14/2020 $3,125,000 0.1 Antique 3,179 0.28 5 5-1
- 7 North Mill Street 4/6/2022 $2,380,000 0.1 Vacant Land 0.52 -
- 19 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
- 6 Prospect Street 11/7/2002 $802,000 0.1 Antique 2,592 0.18 4 4-
- 22 Milk Street 1/21/2016 $0 0.1 Antique 2,411 0.23 3 3-1
- 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
- 6 New Mill Street 12/18/2012 $0 0.1 Colonial 2,880 0.13 5 4-1
- 12 Mill Street 1/10/2018 $920,000 0.1 Vacant Land 0.11 -
- 18 Milk Street 5/15/2017 $4,253,600 0.1 Antique 3,749 0.32 5 3-1
- 18 Mount Vernon Street 12/14/2020 $1,350,000 0.1 Antique 1,328 0.23 2 2-1
- 26 Milk Street 10/3/2019 $3,600,000 0.1 Antique 2,473 0.24 4 3-1
- 14 Mount Vernon Street 9/27/1996 $459,000 0.1 Antique 1,994 0.17 4 3-
- 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
- 13 Mill Street 10/14/2020 $3,125,000 0.1 Vacant Land 0.08 -
- 12 Mount Vernon Street 4/27/2007 $0 0.1 Antique 1,842 0.11 5 3-
- 4 New Mill Street 8/5/2014 $0 0.1 Antique 2,955 0.16 5 4-1
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
- 3 North Mill Street 9/30/2022 $0 0.1 Antique 2,563 0.26 5 3-
- 2 New Mill Street 11/15/2005 $0 0.1 Colonial 2,193 0.23 4 3-
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 3 1-
- 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 10 Mill Street 5/1/1997 $0 0.1 Vacant Land 0.33 -
- 39 Prospect Street $0 0.1 Vacant Land 0.53 -
- 15 Milk Street 12/17/2015 $1,740,000 0.1 Antique 2,219 0.15 5 4-
- 11 Mill Street-Lot 32 10/25/2019 $0 0.1 Antique 4,387 0.29 5 3-1
- 23 Milk Street 12/10/2003 $1,250,000 0.1 Antique 1,918 0.12 3 3-2
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 7 Green Lane 11/15/2019 $2,370,000 0.1 Colonial 2,832 0.1 4 4-2
- 11 Milk Street 6/10/2013 $0 0.1 Antique 2,440 0.1 3 4-1
- 25 Milk Street 2/24/2015 $0 0.1 Antique 1,208 0.08 2 1-1
- 21 Milk Street 9/28/2020 $2,920,000 0.1 Antique 3,154 0.34 4 3-1
- 5 New Dollar Lane 12/18/2009 $2,850,000 0.1 Antique 2,739 0.28 5 5-
- 14 Milk Street 3/11/2013 $0 0.1 Antique 2,532 0.19 4 2-1
- 27 Milk Street 10/9/2018 $1,275,000 0.1 Antique 1,368 0.06 2 2-
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 38 North Mill Street 7/15/2022 $5,250,000 0.1 Colonial 3,959 0.2 7 7-1
- 29 Milk Street 6/30/2022 $3,164,165 0.1 Antique 1,831 0.13 4 2-1
- 16 Candle House Lane 11/2/2017 $1,500,000 0.1 Vacant Land 0.12 -
- 5 Copper Lane 6/26/2003 $0 0.1 Colonial 2,106 0.08 2 3-1
- 3 New Dollar Lane 12/31/1992 $100,000 0.1 Outbuildings 0.09 -
- 5 Green Lane 3/14/2018 $0 0.1 Colonial 1,494 0.07 3 2-1
- 12 Milk Street 11/17/2022 $4,250,000 0.1 Antique 4,255 0.16 4 4-1
- 9 Mill Street 1/15/1997 $0 0.1 Antique 2,676 0.12 4 4-
- 2 Green Lane 6/10/2013 $0 0.1 Ranch 1,102 0.2 1 1-
Averages 4237 days $1,085,446 0.07 --- 1,810 0.18 --- ---  
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 96 2 16 New Mill Street