72 Milk Street, Nantucket, MA 02554

72 Milk Street Nantucket MA 02554
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Owner Information
Owner 1
Feder Brothers LLC
Owner 2
C/O Feder Leslie
Owner's Address
473 Illington Rd Ossining, NY 10562-1005
Market Sale Information
Most recent sale date
1/14/2013
Previous sale date
03/11/1987
Transfer document #
01365-0256
Previous transfer document
00270-0024
Grantor
Robert Feder
Previous grantor
Most recent sale price
$0.00
Previous sale price
$1.00
Site Information
Property ID
56-7
Lot Size
0.53
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
6
Year Built
1978
Number of full baths
3
Condition
Number of half baths
Finished Area
2348
Number of Kitchen
1
Gross Living Area
3650
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
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$745,200.00
Total value
$1,623,200.00
Building value
$878,000.00
Estimated tax
$5,080.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 72 Milk Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1978 Rooms Bedrooms 6 Full baths 3 Half baths Gross Living Area 3650 Heating Fuel Hot Water Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $878,000.00 AEM Value - Land $745,200.00 AEM Value - Other $0.00 AEM Value - Total $1,623,200.00
A) 10 Aurora Way 0.4 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
B) 16 Polliwog Pond Road 0.5 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
C) 20 New Lane 0.5 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
D) 108 Main Street 0.6 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
E) 8 Austin Farm Drive 0.6 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
F) 7 Yompasham Lane 0.7 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
G) 45 West Chester Street 0.7 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
H) 1 Farmer Street 0.8 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
I) 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
J) 45 Fair Street 0.8 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
K) 8 Essex Road 0.9 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
L) 85 Somerset Road 0.9 3/12/2024 $2,950,000 2,069 1 $1425.81 Cape Cod 1998 2 2 1 4128 Hot Water 0.47 Asph/F Gls/Cmp $698,000 $741,600 $0 $1,439,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 72 Milk Street 1/14/2013 $0 0 Cape Cod 2,348 0.53 6 3- -
  Criteria
A 10 Aurora Way 1/9/2024 $4,650,000 0.4 Colonial 2,468 0.18 4 3-1
B 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.5 Cape Cod 1,830 0.24 5 2-
C 20 New Lane 1/17/2024 $4,350,000 0.5 Colonial 2,247 0.12 4 3-1
D 108 Main Street 3/19/2024 $4,500,000 0.6 Antique 2,005 0.17 6 4-1
E 8 Austin Farm Drive 3/1/2024 $8,500,000 0.6 Colonial 2,798 0.92 3 2-1
F 7 Yompasham Lane 2/14/2024 $2,262,500 0.7 Conventional 1,878 0.25 3 3-
G 45 West Chester Street 4/17/2024 $3,200,000 0.7 Conventional 1,972 0.14 4 3-
H 1 Farmer Street 5/10/2024 $3,600,000 0.8 Antique 2,430 0.06 3 3-1
I 8 Luff Road 5/9/2024 $1,900,000 0.8 Ranch 1,894 0.36 3 2-
J 45 Fair Street 5/8/2024 $4,800,000 0.8 Custom Built 2,854 0.07 4 4-1
K 8 Essex Road 5/15/2024 $1,900,000 0.9 Colonial 1,872 0.31 3 3-
L 85 Somerset Road 3/12/2024 $2,950,000 0.9 Cape Cod 2,069 0.47 2 2-1
Averages 111 days $3,738,542 0.68 --- 2,193 0.27 --- ---  

Estimation of Market Value - $3,197,195

As of today, 07/06/2024, the estimated market value of 72 Milk Street, Nantucket considering the above 12 comparable properties is $3,197,195.

 

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
Mailing Labels
  • 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
@ 72 Milk Street 1/14/2013 $0 0 Cape Cod 2,348 0.53 6 3- -
  Criteria
A 29 Hummock Pond Road 11/7/2013 $0 0.0 Conventional 2,380 0.38 4 2-
B 25 Hummock Pond Road 3/14/2006 $999,000 0.0 Ranch 1,462 0.49 3 1-
C 35 Hummock Pond Road 6/2/2021 $0 0.0 Ranch 2,200 0.47 5 3-1
D 74 Milk Street 9/10/2019 $1,665,000 0.0 Colonial 2,420 0.51 3 2-
E 23 Hummock Pond Road 5/30/2017 $0 0.0 Ranch 1,388 0.53 2 1-
F 70 Milk Street 11/14/2003 $590,000 0.0 Cape Cod 1,320 0.18 3 1-1
G 66 Milk Street 9/20/2018 $1,915,900 0.0 Colonial 1,976 0.46 3 1-1
H 32 Hummock Pond Road 6/23/2009 $0 0.1 Antique 3,510 0.53 5 4-
I 64 Milk Street 4/19/2022 $2,650,000 0.1 Antique 2,182 0.46 4 3-
J 28 Hummock Pond Road 5/28/1993 $57,500 0.1 Colonial 1,798 0.47 4 3-
K 78 Milk Street 4/23/2015 $700,000 0.1 Ranch 4,122 0.5 5 4-2
L 26 Hummock Pond Road 5/28/2015 $0 0.1 Cape Cod 1,512 0.52 4 2-
M 24 Hummock Pond Road 8/8/2018 $1,160,000 0.1 Cape Cod 2,640 0.48 5 4-
N 21-B Hummock Pond Road 8/2/2019 $900,000 0.1 Cape Cod 1,365 0.18 2 1-
O 2 Hussey Farm Road 7/19/2022 $5,250,000 0.1 Cape Cod 2,635 0.47 5 5-2
P 30 Hummock Pond Road 10/26/2021 $0 0.1 Custom Built 3,147 0.4 5 4-2
Q 34 Hummock Pond Road 9/10/2010 $1,150,000 0.1 Cape Cod 3,242 0.76 7 4-1
R 75 Milk Street 11/30/2017 $3,268 0.1 Cape Cod 1,463 1.19 2 3-
S 4 Hussey Farm Road 1/17/1992 $67,000 0.1 Colonial 3,064 0.79 4 4-
T 36 Hummock Pond Road 4/16/2010 $1,175,000 0.1 Colonial 10,313 1.6 6 10-1
U 19 Hummock Pond Road 11/20/2015 $839,000 0.1 Ranch 1,131 0.21 2 1-
V 60 Milk Street 3/23/1998 $250,000 0.1 Gar/Apt Res 559 0.51 2 2-
W 77 Milk Street 11/30/2017 $1,018 0.1 Vacant Land 1.14 -
X 73 Milk Street 10/4/2017 $1,669 0.1 Colonial 2,773 1.22 4 3-1
Y 79 Milk Street 11/10/2020 $2,250,000 0.1 Cape Cod 4,285 0.53 6 5-2
Z 71 Milk Street 10/3/2018 $4,667,601 0.1 Cape Cod 4,212 1.2 5 5-3
- 69 Milk Street 2/13/1995 $0 0.1 Cape Cod 2,168 1.6 3 3-1
- 6 Hussey Farm Road 6/19/2017 $0 0.1 Colonial 2,152 0.86 3 2-1
- 22 Hummock Pond Road 1/6/2020 $0 0.1 Cape Cod 1,600 0.74 3 1-
- 67 Milk Street 7/1/2019 $0 0.1 Vacant Land 1.56 -
- 38 Hummock Pond Road 9/30/2005 $730,000 0.1 Colonial 1,965 0.86 4 3-1
- 60 Vestal Street 7/17/2019 $0 0.1 Colonial 2,121 1.22 4 2-
- 40 Hummock Pond Road 3/10/2006 $1,560,000 0.1 Cape Cod 2,456 0.46 4 4-
- 70 Vestal Street 7/23/2018 $0 0.1 Custom Built 3,271 0.84 5 4-1
- 58 Vestal Street 7/19/2006 $1,060,000 0.1 Cape Cod 2,780 1.28 4 3-
Averages 4063 days $846,913 0.08 --- 2,446 0.73 --- ---  
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 7 72 Milk Street