47 Milk Street, Nantucket, MA 02554

Owner Information
Owner 1
Matthew G Stone & Theresa A
Owner 2
Owner's Address
4201 Purdue Avenue Dallas, TX 75225
Market Sale Information
Most recent sale date
9/16/2016
Previous sale date
01/26/2012
Transfer document #
01555-0040
Previous transfer document
01311-0056
Grantor
Andrew N Semjen
Previous grantor
George J Khoury
Most recent sale price
$1,312,000.00
Previous sale price
$725,000.00
Site Information
Property ID
56-201
Lot Size
0.45
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1980
Number of full baths
2
Condition
Number of half baths
Finished Area
1356
Number of Kitchen
1
Gross Living Area
2547
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$840,500.00
Total value
$1,069,100.00
Building value
$228,600.00
Estimated tax
$3,346.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 47 Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $967.55 Style Colonial Age 1980 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2547 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.45 Roof Cover Asph/F Gls/Cmp AEM Value - Building $228,600.00 AEM Value - Land $840,500.00 AEM Value - Other $0.00 AEM Value - Total $1,069,100.00
A) 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
B) 12 Pilgrim Road 0.7 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
C) 16 Derrymore Road 0.7 3/13/2024 $2,950,000 1,110 1.75 $2657.66 Antique 1890 3 2 2385 Radiant 0.17 Asph/F Gls/Cmp $899,400 $1,543,800 $0 $2,443,200
D) 3 Back Street 0.7 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 0.7 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) 4 York Street 0.7 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
G) 31 Surfside Road 0.7 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
H) 121 Orange Street 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 47 Milk Street 9/16/2016 $1,312,000 0 Colonial 1,356 0.45 3 2- -
  Criteria
A 33 West Chester Street 6/26/2024 $2,825,000 0.6 Bungalow 1,577 0.14 3 2-
B 12 Pilgrim Road 5/7/2024 $2,825,000 0.7 Ranch 1,365 0.17 3 1-
C 16 Derrymore Road 3/13/2024 $2,950,000 0.7 Antique 1,110 0.17 3 2-
D 3 Back Street 1/2/2024 $2,900,000 0.7 Ranch 1,344 0.12 3 2-
E 1 Back Street 1/2/2024 $2,900,000 0.7 Colonial 1,520 0.12 2 2-
F 4 York Street 3/28/2024 $2,175,000 0.7 Antique 1,489 0.07 3 2-
G 31 Surfside Road 5/23/2024 $2,125,000 0.7 Cape Cod 1,404 0.15 3 2-
H 121 Orange Street 3/1/2024 $800,000 0.8 Antique 1,574 0.3 3 1-
Averages 99 days $2,437,500 0.69 --- 1,423 0.16 --- ---  

Estimation of Market Value - $1,928,787

As of today, 07/01/2024, the estimated market value of 47 Milk Street, Nantucket considering the above 8 comparable properties is $1,928,787.

 

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
  • 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
@ 47 Milk Street 9/16/2016 $1,312,000 0 Colonial 1,356 0.45 3 2- -
  Criteria
A 45 Milk Street $0 0.0 Colonial 2,811 0.45 3 2-
B 49 Milk Street 5/5/1999 $0 0.0 Ranch 1,528 0.58 1 1-
C 43 Milk Street $0 0.0 Clubs/Lodges 1,638 0.48 3 2-
D 41 Milk Street 6/28/2012 $0 0.0 Gar/Apt Res 912 0.26 2 1-
E 14 Winn Street 12/28/2018 $0 0.0 Colonial 2,643 0.31 2 2-1
F 12 Winn Street 6/17/2019 $0 0.0 Vacant Land 0.42 -
G 51 Milk Street 6/2/2021 $1,875,000 0.0 Colonial 1,565 0.12 3 2-1
H 16 Winn Street 4/7/2020 $5,000,000 0.0 Custom Built 4,554 0.31 5 6-1
I 39-B Milk Street 9/23/2022 $0 0.0 Colonial 3,174 0.12 5 5-1
J 5 Saratoga Lane 1/30/2002 $0 0.1 Vacant Land 0.84 -
K 51-A Milk Street 8/26/2021 $0 0.1 Colonial 1,172 0.12 2 2-1
L 30 Vestal Street 5/13/2021 $3,950,000 0.1 Custom Built 4,512 0.33 4 5-1
M 32 Vestal Street 10/17/1997 $300,000 0.1 Colonial 2,467 0.29 2 2-
N 1 Saratoga Lane 8/11/2017 $0 0.1 Colonial 1,712 0.23 3 2-
O 51-B Milk Street 10/26/2015 $0 0.1 Colonial 1,317 0.13 3 2-
P 34 Vestal Street 6/17/2019 $0 0.1 Vacant Land 0.37 -
Q 39-A Milk Street 9/29/2022 $3,500,000 0.1 Antique 4,793 0.15 6 5-1
R 38 Vestal Street 4/6/2021 $0 0.1 Colonial 2,574 0.25 3 2-2
S 36-R Vestal Street 5/1/2019 $900,000 0.1 Ranch 1,088 0.05 3 1-
T 18 Winn Street 7/14/2014 $1,850,000 0.1 Colonial 2,799 0.15 5 4-
U 39 Milk Street 4/21/2020 $2,300,000 0.1 Custom Built 2,956 0.11 5 4-1
V 8 Winn Street 7/26/2021 $1,300,000 0.1 Vacant Land 0.16 -
W 36 Vestal Street 1/12/2012 $1,040,000 0.1 Ranch 2,264 0.15 4 2-1
X 4 Saratoga Lane 12/5/2017 $1,587,500 0.1 Cape Cod 2,025 0.12 3 2-1
Y 53 Milk Street 9/30/2020 $1,795,000 0.1 Cape Cod 2,216 0.22 4 2-
Z 2 Saratoga Lane 5/3/2018 $1,250,000 0.1 Cape Cod 1,369 0.12 2 2-
- 40 Vestal Street 9/21/2015 $1,525,000 0.1 Colonial 2,077 0.11 3 4-1
- 37 Milk Street 8/31/2020 $3,090,000 0.1 Colonial 3,948 0.22 6 5-1
- 6 Saratoga Lane 12/23/2011 $970,000 0.1 Ranch 3,162 0.13 5 4-
- 42 Vestal Street 8/17/2012 $0 0.1 Antique 1,924 0.13 3 2-
- 8 Saratoga Lane 10/22/2004 $1,250,000 0.1 Colonial 3,308 0.12 4 3-1
- 44 Vestal Street 7/3/2017 $0 0.1 Colonial 3,243 0.58 4 3-
- 26 Vestal Street 10/1/1998 $855,000 0.1 Colonial 3,717 0.22 3 4-
- 19 Quaker Road $0 0.1 Colonial 3,823 0.13 6 6-1
- 35 Milk Street 11/15/2018 $0 0.1 Antique 3,927 0.18 4 4-1
- 0 Hummock Pond Road $0 0.1 Outbuildings 22.09 -
- 17 Quaker Road 8/29/2014 $75,000 0.1 Cape Cod 991 0.11 2 2-
- 15 Quaker Road 9/14/2004 $1,475,000 0.1 Antique 1,816 0.25 3 3-1
- 35 Vestal Street 3/26/2018 $0 0.1 Custom Built 3,998 0.12 5 5-2
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 24-B Vestal Street 10/29/2020 $0 0.1 Conventional 2,346 0.15 3 2-
- 48 Vestal Street 11/16/2010 $0 0.1 Colonial 3,122 0.55 4 4-1
- 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 12 Mount Vernon Street 4/27/2007 $0 0.1 Antique 1,842 0.11 5 3-
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 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
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 33 Milk Street 12/27/2019 $1,200,000 0.1 Antique 2,860 0.18 5 5-
- 0 Copper Lane 7/27/2007 $1,650,000 0.1 Ranch 2,943 0.16 4 4-
Averages 4011 days $773,298 0.08 --- 2,148 0.64 --- ---  
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
56 201 47 Milk Street