70 Milk Street, Nantucket, MA 02554

Owner Information
Owner 1
John P Ray
Owner 2
Owner's Address
14 South Water St Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/14/2003
Previous sale date
09/17/2003
Transfer document #
00860-0303
Previous transfer document
00848-0114
Grantor
Angelo P Debenedictis
Previous grantor
Angelo P Debenedictis
Most recent sale price
$590,000.00
Previous sale price
$0.00
Site Information
Property ID
56-277
Lot Size
0.18
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1977
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1320
Number of Kitchen
1
Gross Living Area
1988
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
$601,600.00
Total value
$1,219,300.00
Building value
$617,700.00
Estimated tax
$3,816.00
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 70 Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $446.97 Style Cape Cod Age 1977 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 1988 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $617,700.00 AEM Value - Land $601,600.00 AEM Value - Other $0.00 AEM Value - Total $1,219,300.00
A) 1 Hedgebury Lane 0.3 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 0.6 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
@ 70 Milk Street 11/14/2003 $590,000 0 Cape Cod 1,320 0.18 3 1-1 -
  Criteria
A 1 Hedgebury Lane 6/27/2024 $4,862,500 0.3 Ranch 1,188 0.53 4 3-
B 21 Pine Street 3/13/2024 $3,725,000 0.6 Antique 1,449 0.1 3 3-
Averages 63 days $4,293,750 0.47 --- 1,319 0.31 --- ---  

Estimation of Market Value - $2,948,977

As of today, 07/06/2024, the estimated market value of 70 Milk Street, Nantucket considering the above 2 comparable properties is $2,948,977.

 

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
@ 70 Milk Street 11/14/2003 $590,000 0 Cape Cod 1,320 0.18 3 1-1 -
  Criteria
A 66 Milk Street 9/20/2018 $1,915,900 0.0 Colonial 1,976 0.46 3 1-1
B 25 Hummock Pond Road 3/14/2006 $999,000 0.0 Ranch 1,462 0.49 3 1-
C 64 Milk Street 4/19/2022 $2,650,000 0.0 Antique 2,182 0.46 4 3-
D 72 Milk Street 1/14/2013 $0 0.0 Cape Cod 2,348 0.53 6 3-
E 74 Milk Street 9/10/2019 $1,665,000 0.1 Colonial 2,420 0.51 3 2-
F 29 Hummock Pond Road 11/7/2013 $0 0.1 Conventional 2,380 0.38 4 2-
G 23 Hummock Pond Road 5/30/2017 $0 0.1 Ranch 1,388 0.53 2 1-
H 60 Milk Street 3/23/1998 $250,000 0.1 Gar/Apt Res 559 0.51 2 2-
I 35 Hummock Pond Road 6/2/2021 $0 0.1 Ranch 2,200 0.47 5 3-1
J 21-B Hummock Pond Road 8/2/2019 $900,000 0.1 Cape Cod 1,365 0.18 2 1-
K 69 Milk Street 2/13/1995 $0 0.1 Cape Cod 2,168 1.6 3 3-1
L 67 Milk Street 7/1/2019 $0 0.1 Vacant Land 1.56 -
M 75 Milk Street 11/30/2017 $3,268 0.1 Cape Cod 1,463 1.19 2 3-
N 60 Vestal Street 7/17/2019 $0 0.1 Colonial 2,121 1.22 4 2-
O 71 Milk Street 10/3/2018 $4,667,601 0.1 Cape Cod 4,212 1.2 5 5-3
P 58 Vestal Street 7/19/2006 $1,060,000 0.1 Cape Cod 2,780 1.28 4 3-
Q 73 Milk Street 10/4/2017 $1,669 0.1 Colonial 2,773 1.22 4 3-1
R 78 Milk Street 4/23/2015 $700,000 0.1 Ranch 4,122 0.5 5 4-2
S 56 Vestal Street 8/27/2003 $82,000 0.1 Vacant Land 1.24 -
T 32 Hummock Pond Road 6/23/2009 $0 0.1 Antique 3,510 0.53 5 4-
U 19 Hummock Pond Road 11/20/2015 $839,000 0.1 Ranch 1,131 0.21 2 1-
V 77 Milk Street 11/30/2017 $1,018 0.1 Vacant Land 1.14 -
W 2 Hussey Farm Road 7/19/2022 $5,250,000 0.1 Cape Cod 2,635 0.47 5 5-2
X 24 Hummock Pond Road 8/8/2018 $1,160,000 0.1 Cape Cod 2,640 0.48 5 4-
Y 28 Hummock Pond Road 5/28/1993 $57,500 0.1 Colonial 1,798 0.47 4 3-
Z 26 Hummock Pond Road 5/28/2015 $0 0.1 Cape Cod 1,512 0.52 4 2-
- 34 Hummock Pond Road 9/10/2010 $1,150,000 0.1 Cape Cod 3,242 0.76 7 4-1
- 70 Vestal Street 7/23/2018 $0 0.1 Custom Built 3,271 0.84 5 4-1
- 79 Milk Street 11/10/2020 $2,250,000 0.1 Cape Cod 4,285 0.53 6 5-2
- 30 Hummock Pond Road 10/26/2021 $0 0.1 Custom Built 3,147 0.4 5 4-2
- 59 Milk Street $0 0.1 Museum 226 0.18 0 0-
- 4 Hussey Farm Road 1/17/1992 $67,000 0.1 Colonial 3,064 0.79 4 4-
- 22 Hummock Pond Road 1/6/2020 $0 0.1 Cape Cod 1,600 0.74 3 1-
Averages 3912 days $777,847 0.08 --- 2,121 0.71 --- ---  
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
56 277 70 Milk Street