51-B Milk Street, Nantucket, MA 02554

51 B Milk Street Nantucket MA 02554
Owner Information
Owner 1
David H McAulay & Virginia L
Owner 2
Owner's Address
P O Box 3657 Nantucket, MA 02584
Market Sale Information
Most recent sale date
10/26/2015
Previous sale date
09/30/2005
Transfer document #
01508-0079
Previous transfer document
00980-0149
Grantor
David H McAulay
Previous grantor
David H Macaulay
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-206-2
Lot Size
0.13
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1994
Number of full baths
2
Condition
Number of half baths
Finished Area
1317
Number of Kitchen
1
Gross Living Area
2494
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$808,500.00
Total value
$1,679,000.00
Building value
$870,500.00
Estimated tax
$5,255.00
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 51-B Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1994 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2494 Heating Fuel Hot Water Detached Garage Lot Size 0.13 Roof Cover Asph/F Gls/Cmp AEM Value - Building $870,500.00 AEM Value - Land $808,500.00 AEM Value - Other $0.00 AEM Value - Total $1,679,000.00
A) 1 Hedgebury Lane 0.2 6/27/2024 $4,862,500 1,188 1 $4093.01 Ranch 2009 4 3 1865 Forced Air-Duc 0.53 Wood Shingle $1,688,400 $1,552,600 $0 $3,241,000
B) 21 Pine Street 0.4 3/13/2024 $3,725,000 1,449 1.75 $2570.74 Antique 1850 3 3 1910 Hot Water 0.1 Asph/F Gls/Cmp $1,214,300 $2,091,700 $0 $3,306,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 51-B Milk Street 10/26/2015 $0 0 Colonial 1,317 0.13 3 2- -
  Criteria
A 1 Hedgebury Lane 6/27/2024 $4,862,500 0.2 Ranch 1,188 0.53 4 3-
B 21 Pine Street 3/13/2024 $3,725,000 0.4 Antique 1,449 0.1 3 3-
Averages 58 days $4,293,750 0.32 --- 1,319 0.31 --- ---  

Estimation of Market Value - $3,245,579

As of today, 07/01/2024, the estimated market value of 51-B Milk Street, Nantucket considering the above 2 comparable properties is $3,245,579.

 

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
@ 51-B Milk Street 10/26/2015 $0 0 Colonial 1,317 0.13 3 2- -
  Criteria
A 51-A Milk Street 8/26/2021 $0 0.0 Colonial 1,172 0.12 2 2-1
B 18 Winn Street 7/14/2014 $1,850,000 0.0 Colonial 2,799 0.15 5 4-
C 51 Milk Street 6/2/2021 $1,875,000 0.0 Colonial 1,565 0.12 3 2-1
D 53 Milk Street 9/30/2020 $1,795,000 0.0 Cape Cod 2,216 0.22 4 2-
E 16 Winn Street 4/7/2020 $5,000,000 0.0 Custom Built 4,554 0.31 5 6-1
F 14 Winn Street 12/28/2018 $0 0.0 Colonial 2,643 0.31 2 2-1
G 49 Milk Street 5/5/1999 $0 0.0 Ranch 1,528 0.58 1 1-
H 0 Hummock Pond Road $0 0.1 Outbuildings 22.09 -
I 47 Milk Street 9/16/2016 $1,312,000 0.1 Colonial 1,356 0.45 3 2-
J 12 Winn Street 6/17/2019 $0 0.1 Vacant Land 0.42 -
K 45 Milk Street $0 0.1 Colonial 2,811 0.45 3 2-
L 59 Milk Street $0 0.1 Museum 226 0.18 0 0-
M 43 Milk Street $0 0.1 Clubs/Lodges 1,638 0.48 3 2-
N 41 Milk Street 6/28/2012 $0 0.1 Gar/Apt Res 912 0.26 2 1-
O 8 Winn Street 7/26/2021 $1,300,000 0.1 Vacant Land 0.16 -
P 38 Vestal Street 4/6/2021 $0 0.1 Colonial 2,574 0.25 3 2-2
Q 15 Winn Street 12/5/2016 $0 0.1 Colonial 2,569 6.3 5 3-1
R 36-R Vestal Street 5/1/2019 $900,000 0.1 Ranch 1,088 0.05 3 1-
S 44 Vestal Street 7/3/2017 $0 0.1 Colonial 3,243 0.58 4 3-
T 34 Vestal Street 6/17/2019 $0 0.1 Vacant Land 0.37 -
U 32 Vestal Street 10/17/1997 $300,000 0.1 Colonial 2,467 0.29 2 2-
V 39-B Milk Street 9/23/2022 $0 0.1 Colonial 3,174 0.12 5 5-1
W 30 Vestal Street 5/13/2021 $3,950,000 0.1 Custom Built 4,512 0.33 4 5-1
X 42 Vestal Street 8/17/2012 $0 0.1 Antique 1,924 0.13 3 2-
Y 5 Saratoga Lane 1/30/2002 $0 0.1 Vacant Land 0.84 -
Z 40 Vestal Street 9/21/2015 $1,525,000 0.1 Colonial 2,077 0.11 3 4-1
- 1 Saratoga Lane 8/11/2017 $0 0.1 Colonial 1,712 0.23 3 2-
- 39-A Milk Street 9/29/2022 $3,500,000 0.1 Antique 4,793 0.15 6 5-1
- 48 Vestal Street 11/16/2010 $0 0.1 Colonial 3,122 0.55 4 4-1
- 36 Vestal Street 1/12/2012 $1,040,000 0.1 Ranch 2,264 0.15 4 2-1
- 39 Milk Street 4/21/2020 $2,300,000 0.1 Custom Built 2,956 0.11 5 4-1
Averages 3030 days $859,581 0.08 --- 1,997 1.19 --- ---  
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
56 206 2 51-B Milk Street