71 Milk Street, Nantucket, MA 02554

Owner Information
Owner 1
Jonathan Pokoik
Owner 2
Owner's Address
58 Crane Road Scarsdale, NY 10583
Market Sale Information
Most recent sale date
10/3/2018
Previous sale date
08/24/2017
Transfer document #
C0027056-
Previous transfer document
1606-0022
Grantor
Craig Lamb
Previous grantor
Craig Lamb
Most recent sale price
$4,667,601.00
Previous sale price
$1,182.00
Site Information
Property ID
56-210-1
Lot Size
1.2
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1993
Number of full baths
5
Condition
Number of half baths
3
Finished Area
4212
Number of Kitchen
1
Gross Living Area
5654
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$549,300.00
Total value
$3,329,900.00
Building value
$2,780,600.00
Estimated tax
$10,422.00
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 71 Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,108.17 Style Cape Cod Age 1993 Rooms Bedrooms 5 Full baths 5 Half baths 3 Gross Living Area 5654 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.2 Roof Cover Wood Shingle AEM Value - Building $2,780,600.00 AEM Value - Land $549,300.00 AEM Value - Other $0.00 AEM Value - Total $3,329,900.00
A) 20 West Chester Street 0.8 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
@ 71 Milk Street 10/3/2018 $4,667,601 0 Cape Cod 4,212 1.2 5 5-3 -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.8 Custom Built 3,287 0.28 4 4-2
Averages 18 days $6,995,000 0.78 --- 3,287 0.28 --- ---  

Estimation of Market Value - $6,322,021

As of today, 07/05/2024, the estimated market value of 71 Milk Street, Nantucket considering the above 1 comparable properties is $6,322,021.

 

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
@ 71 Milk Street 10/3/2018 $4,667,601 0 Cape Cod 4,212 1.2 5 5-3 -
  Criteria
A 73 Milk Street 10/4/2017 $1,669 0.0 Colonial 2,773 1.22 4 3-1
B 69 Milk Street 2/13/1995 $0 0.0 Cape Cod 2,168 1.6 3 3-1
C 67 Milk Street 7/1/2019 $0 0.0 Vacant Land 1.56 -
D 75 Milk Street 11/30/2017 $3,268 0.0 Cape Cod 1,463 1.19 2 3-
E 70 Vestal Street 7/23/2018 $0 0.1 Custom Built 3,271 0.84 5 4-1
F 60 Vestal Street 7/17/2019 $0 0.1 Colonial 2,121 1.22 4 2-
G 77 Milk Street 11/30/2017 $1,018 0.1 Vacant Land 1.14 -
H 58 Vestal Street 7/19/2006 $1,060,000 0.1 Cape Cod 2,780 1.28 4 3-
I 70 Milk Street 11/14/2003 $590,000 0.1 Cape Cod 1,320 0.18 3 1-1
J 69 Vestal Street 12/29/2011 $0 0.1 Cape Cod 2,352 0.46 4 3-1
K 74 Milk Street 9/10/2019 $1,665,000 0.1 Colonial 2,420 0.51 3 2-
L 73 Vestal Street 4/15/2022 $2,850,000 0.1 Ranch 1,868 0.88 4 1-
M 56 Vestal Street 8/27/2003 $82,000 0.1 Vacant Land 1.24 -
N 67 Vestal Street 11/16/2020 $1,850,000 0.1 Ranch 356 0.61 1 1-
O 65 Vestal Street 6/15/2020 $0 0.1 Colonial 4,002 0.51 3 3-
P 74 Vestal Street 7/30/1997 $215,000 0.1 Colonial 2,512 1.27 4 3-1
Q 79 Milk Street 11/10/2020 $2,250,000 0.1 Cape Cod 4,285 0.53 6 5-2
R 63 Vestal Street 11/24/2003 $350,000 0.1 Colonial 2,812 0.25 3 2-
S 72 Milk Street 1/14/2013 $0 0.1 Cape Cod 2,348 0.53 6 3-
T 66 Milk Street 9/20/2018 $1,915,900 0.1 Colonial 1,976 0.46 3 1-1
U 78 Milk Street 4/23/2015 $700,000 0.1 Ranch 4,122 0.5 5 4-2
V 61 Vestal Street 10/26/2015 $1,715,000 0.1 Cape Cod 3,594 0.17 6 5-1
W 35 Hummock Pond Road 6/2/2021 $0 0.1 Ranch 2,200 0.47 5 3-1
X 25 Hummock Pond Road 3/14/2006 $999,000 0.1 Ranch 1,462 0.49 3 1-
Y 64 Milk Street 4/19/2022 $2,650,000 0.1 Antique 2,182 0.46 4 3-
Z 1 Hawthorne Lane 4/11/1995 $0 0.1 Ranch 1,558 1 2 2-
- 28 Dukes Road 5/15/2006 $0 0.1 Colonial 2,374 1.06 4 2-2
- 29 Hummock Pond Road 11/7/2013 $0 0.1 Conventional 2,380 0.38 4 2-
- 14 Dukes Road 9/29/2020 $0 0.1 Ranch 808 0.46 3 2-
Averages 4078 days $651,650 0.09 --- 2,121 0.77 --- ---  
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
56 210 1 71 Milk Street