53 Milk Street, Nantucket, MA 02554

Owner Information
Owner 1
Andrew T Brickley & Diane M
Owner 2
Owner's Address
5 Mill River Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
9/30/2020
Previous sale date
03/01/1979
Transfer document #
1769-81
Previous transfer document
00169-0233
Grantor
John D Miller
Previous grantor
Most recent sale price
$1,795,000.00
Previous sale price
$0.00
Site Information
Property ID
56-208
Lot Size
0.22
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
4
Year Built
1979
Number of full baths
2
Condition
Number of half baths
Finished Area
2216
Number of Kitchen
1
Gross Living Area
3660
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electric
Roof Cover
Wood Shingle
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$817,500.00
Total value
$2,284,200.00
Building value
$1,466,700.00
Estimated tax
$7,149.00
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 53 Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $810.02 Style Cape Cod Age 1979 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 3660 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.22 Roof Cover Wood Shingle AEM Value - Building $1,466,700.00 AEM Value - Land $817,500.00 AEM Value - Other $0.00 AEM Value - Total $2,284,200.00
A) 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
B) 108 Main Street 0.4 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
C) 16 Polliwog Pond Road 0.4 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) 20 New Lane 0.4 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
E) 38 Pine Street 0.5 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
F) 1 Farmer Street 0.5 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
G) 10 Aurora Way 0.6 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
H) 7 Yompasham Lane 0.6 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
I) 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
J) 8 Luff Road 0.8 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
K) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 53 Milk Street 9/30/2020 $1,795,000 0 Cape Cod 2,216 0.22 4 2- -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
B 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.4 Cape Cod 1,830 0.24 5 2-
D 20 New Lane 1/17/2024 $4,350,000 0.4 Colonial 2,247 0.12 4 3-1
E 38 Pine Street 1/31/2024 $2,225,000 0.5 Antique 1,707 0.07 3 1-1
F 1 Farmer Street 5/10/2024 $3,600,000 0.5 Antique 2,430 0.06 3 3-1
G 10 Aurora Way 1/9/2024 $4,650,000 0.6 Colonial 2,468 0.18 4 3-1
H 7 Yompasham Lane 2/14/2024 $2,262,500 0.6 Conventional 1,878 0.25 3 3-
I 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
J 8 Luff Road 5/9/2024 $1,900,000 0.8 Ranch 1,894 0.36 3 2-
K 8 Essex Road 5/15/2024 $1,900,000 0.8 Colonial 1,872 0.31 3 3-
Averages 110 days $3,187,500 0.55 --- 2,000 0.19 --- ---  

Estimation of Market Value - $3,254,303

As of today, 07/03/2024, the estimated market value of 53 Milk Street, Nantucket considering the above 11 comparable properties is $3,254,303.

 

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
@ 53 Milk Street 9/30/2020 $1,795,000 0 Cape Cod 2,216 0.22 4 2- -
  Criteria
A 18 Winn Street 7/14/2014 $1,850,000 0.0 Colonial 2,799 0.15 5 4-
B 51-B Milk Street 10/26/2015 $0 0.0 Colonial 1,317 0.13 3 2-
C 51-A Milk Street 8/26/2021 $0 0.0 Colonial 1,172 0.12 2 2-1
D 51 Milk Street 6/2/2021 $1,875,000 0.0 Colonial 1,565 0.12 3 2-1
E 16 Winn Street 4/7/2020 $5,000,000 0.0 Custom Built 4,554 0.31 5 6-1
F 0 Hummock Pond Road $0 0.0 Outbuildings 22.09 -
G 14 Winn Street 12/28/2018 $0 0.1 Colonial 2,643 0.31 2 2-1
H 59 Milk Street $0 0.1 Museum 226 0.18 0 0-
I 49 Milk Street 5/5/1999 $0 0.1 Ranch 1,528 0.58 1 1-
J 12 Winn Street 6/17/2019 $0 0.1 Vacant Land 0.42 -
K 47 Milk Street 9/16/2016 $1,312,000 0.1 Colonial 1,356 0.45 3 2-
L 15 Winn Street 12/5/2016 $0 0.1 Colonial 2,569 6.3 5 3-1
M 45 Milk Street $0 0.1 Colonial 2,811 0.45 3 2-
N 43 Milk Street $0 0.1 Clubs/Lodges 1,638 0.48 3 2-
O 8 Winn Street 7/26/2021 $1,300,000 0.1 Vacant Land 0.16 -
P 44 Vestal Street 7/3/2017 $0 0.1 Colonial 3,243 0.58 4 3-
Q 41 Milk Street 6/28/2012 $0 0.1 Gar/Apt Res 912 0.26 2 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 34 Vestal Street 6/17/2019 $0 0.1 Vacant Land 0.37 -
U 48 Vestal Street 11/16/2010 $0 0.1 Colonial 3,122 0.55 4 4-1
V 32 Vestal Street 10/17/1997 $300,000 0.1 Colonial 2,467 0.29 2 2-
W 42 Vestal Street 8/17/2012 $0 0.1 Antique 1,924 0.13 3 2-
Averages 3222 days $545,087 0.08 --- 1,718 1.51 --- ---  
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
56 208 53 Milk Street