7 South Cambridge Street, Nantucket, MA 02554

7 South Cambridge Street Nantucket MA 02554
Owner Information
Owner 1
Philip Iovieno & Mary Kathryn
Owner 2
Owner's Address
75 Western Ave Delmar, NY 12054
Market Sale Information
Most recent sale date
9/26/2022
Previous sale date
12/02/2016
Transfer document #
C28972-
Previous transfer document
C0026303-0
Grantor
Kristine Grazioso
Previous grantor
Goose Cove LLC
Most recent sale price
$2,650,000.00
Previous sale price
$1,450,000.00
Site Information
Property ID
594-132
Lot Size
0.75
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1995
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2157
Number of Kitchen
1
Gross Living Area
4450
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
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$758,400.00
Total value
$2,064,100.00
Building value
$1,305,700.00
Estimated tax
$6,460.00
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 7 South Cambridge Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,228.56 Style Colonial Age 1995 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 4450 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.75 Roof Cover Wood Shingle AEM Value - Building $1,305,700.00 AEM Value - Land $758,400.00 AEM Value - Other $0.00 AEM Value - Total $2,064,100.00
A) 40 Long Pond Drive 0.1 9/24/2024 $3,088,000 1,960 1.75 $1575.51 Cape Cod 1965 5 3 3 3692 Forced Air-Duc 0.47 Wood Shingle $756,600 $741,600 $0 $1,498,200
B) 28 Sheep Pond Road 0.7 6/26/2024 $200,000 1,783 2 $112.17 Colonial 1979 3 2 4097 Hot Water 0.92 Asph/F Gls/Cmp $1,201,800 $772,329 $0 $1,974,129
C) 49 Red Barn Road 1.0 7/23/2024 $1,440,900 2,492 2 $578.21 Colonial 1988 4 3 1 3469 Electr Basebrd 3.8 Wood Shingle $822,400 $140,270 $0 $962,670
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 South Cambridge Street 9/26/2022 $2,650,000 0 Colonial 2,157 0.75 4 2-1 -
  Criteria
A 40 Long Pond Drive 9/24/2024 $3,088,000 0.1 Cape Cod 1,960 0.47 3 3-
B 28 Sheep Pond Road 6/26/2024 $200,000 0.7 Colonial 1,783 0.92 3 2-
C 49 Red Barn Road 7/23/2024 $1,440,900 1.0 Colonial 2,492 3.8 4 3-1
Averages 63 days $1,576,300 0.59 --- 2,078 1.73 --- ---  

Estimation of Market Value - $1,918,425

As of today, 10/05/2024, the estimated market value of 7 South Cambridge Street, Nantucket considering the above 3 comparable properties is $1,918,425.

 

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
@ 7 South Cambridge Street 9/26/2022 $2,650,000 0 Colonial 2,157 0.75 4 2-1 -
  Criteria
A 11 South Cambridge Street 6/13/2014 $0 0.0 Custom Built 4,488 0.61 4 4-
B 13 South Cambridge Street 2/12/2016 $0 0.0 Ranch 1,268 0.49 2 2-
C 1 Goose Cove Way 9/9/2021 $0 0.0 Cape Cod 2,522 0.69 3 3-1
D 15 South Cambridge Street 10/21/1993 $185,000 0.0 Ranch 1,015 0.46 3 2-
E 4 Goose Cove Way 12/28/2018 $0 0.0 Custom Built 2,184 0.93 4 4-1
F 0 South Cambridge Street 2/6/1987 $1 0.1 Vacant Land 2.9 -
G 17 South Cambridge Street 12/6/2021 $0 0.1 Town House 1,264 0.16 3 2-
H 19 South Cambridge Street 5/5/2014 $0 0.1 Town House 1,280 0.16 3 2-
I 21 South Cambridge Street 4/9/2020 $525,000 0.1 Town House 1,440 0.2 3 2-1
J 23 South Cambridge Street 4/6/2015 $175,000 0.1 Town House 1,264 0.16 3 2-
K 25 South Cambridge Street 6/25/2020 $400,000 0.1 Town House 960 0.14 2 2-
L 42 Long Pond Drive 1/14/2011 $0 0.1 Ranch 2,469 0.46 3 2-1
M 3 South Cambridge Street 7/26/2013 $1,000,000 0.1 Colonial 1,834 0.56 4 3-1
N 27 South Cambridge Street 4/14/2010 $187,000 0.1 Town House 1,264 0.16 3 2-
O 10 Arkansas Avenue 4/30/2021 $710,000 0.1 Town House 1,440 0.15 3 1-1
P 29 South Cambridge Street 10/6/2022 $1,075,000 0.1 Town House 1,280 0.16 3 2-
Q 12 Arkansas Avenue 12/5/2017 $0 0.1 Town House 960 0.1 2 2-
R 6 Arkansas Avenue 12/14/2012 $799,938 0.1 Colonial 3,292 0.48 3 3-1
S 14 Arkansas Avenue 3/23/2018 $615,000 0.1 Town House 1,296 0.14 3 2-
T 0 Arkansas Avenue 3/2/2006 $0 0.1 Vacant Land 0.94 -
U 38 Arkansas Avenue 8/11/1995 $148,000 0.1 Town House 1,280 0.18 3 2-
V 41 Long Pond Drive 11/6/2009 $770,000 0.1 Colonial 1,918 0.71 4 2-1
W 31 South Cambridge Street 11/4/2022 $1,220,000 0.1 Town House 1,368 0.2 3 2-1
X 36 Arkansas Avenue 7/28/2023 $1,120,000 0.1 Town House 1,264 0.16 3 2-
Y 34 Arkansas Avenue 1/2/2018 $460,000 0.1 Town House 960 0.1 2 2-
Z 0 Arkansas Avenue 7/26/2013 $1,000,000 0.1 Vacant Land 0.65 -
- 1 South Cambridge Street 12/23/2013 $692,500 0.1 Ranch 1,088 0.64 3 2-
- 8 Arkansas Avenue 2/3/2021 $1,935,000 0.1 Cape Cod 2,607 1.08 3 3-
- 33 South Cambridge Street 6/29/2017 $530,000 0.1 Town House 1,280 0.16 3 2-
- 0 South Cambridge Street $0 0.1 Vacant Land 0.54 -
- 35 South Cambridge Street 9/2/2015 $0 0.1 Town House 960 0.14 2 2-
- 0 Arkansas Avenue 12/23/2013 $692,500 0.1 Vacant Land 0.79 -
- 16 Arkansas Avenue 8/30/2000 $340,000 0.1 Town House 1,440 0.11 3 1-1
- 40 Long Pond Drive 9/24/2024 $3,088,000 0.1 Cape Cod 1,960 0.47 3 3-
- 37 South Cambridge Street 4/14/2021 $0 0.1 Town House 1,280 0.13 3 2-
- 18 Arkansas Avenue 11/4/2016 $375,000 0.1 Town House 948 0.07 3 2-
- 39 South Cambridge Street 12/16/2022 $840,000 0.1 Town House 1,264 0.13 3 2-
- 20 Arkansas Avenue 10/2/2002 $0 0.1 Town House 1,440 0.1 3 2-1
- 41 South Cambridge Street 4/29/2015 $496,000 0.1 Town House 1,440 0.16 3 2-1
- 22 Arkansas Avenue 2/4/2014 $460,000 0.1 Town House 1,440 0.08 3 2-
- 43 South Cambridge Street 12/9/2019 $630,000 0.1 Town House 1,280 0.13 3 2-
- 45 South Cambridge Street 2/14/2005 $0 0.1 Town House 948 0.12 2 2-
- 24 Arkansas Avenue 4/21/1995 $0 0.1 Town House 1,280 0.08 2 2-
- 6 South Cambridge Street 7/14/2000 $0 0.1 Colonial 1,667 1 3 2-1
- 26 Arkansas Avenue 9/18/2014 $475,002 0.1 Town House 1,280 0.08 3 2-
- 39 Long Pond Drive 4/28/2008 $950,000 0.1 Cape Cod 2,157 0.75 3 2-1
- 28 Arkansas Avenue 4/23/2020 $475,000 0.1 Town House 1,440 0.1 3 2-1
- 0 Goose Cove Avenue $0 0.1 Vacant Land 2.3 -
- 30 Arkansas Avenue $0 0.1 Town House 960 0.06 2 2-
- 40 Arkansas Avenue 10/12/2007 $485,000 0.1 Town House 960 0.1 2 2-
- 42 Arkansas Avenue 5/1/2017 $410,000 0.1 Town House 1,280 0.11 3 2-
- 44 Arkansas Avenue 10/28/2015 $490,000 0.1 Town House 1,440 0.14 3 2-1
- 46 Arkansas Avenue 6/28/2019 $536,000 0.1 Town House 1,280 0.11 3 2-
- 48 Arkansas Avenue 6/13/2008 $375,000 0.1 Town House 960 0.09 2 2-
- 50 Arkansas Avenue 9/30/2013 $330,000 0.1 Town House 960 0.11 2 2-
- 52 Arkansas Avenue 10/21/2020 $0 0.1 Town House 1,280 0.13 3 2-
- 5 Goose Cove Avenue 12/30/2014 $0 0.1 Cape Cod 2,323 0.52 4 3-
- 54 Arkansas Avenue 8/15/2006 $0 0.1 Town House 1,264 0.12 3 2-
- 37 Long Pond Drive 10/17/2019 $2,060,000 0.1 Cape Cod 4,590 1.01 4 3-2
- 56 Arkansas Avenue 10/4/2024 $640,000 0.1 Town House 1,280 0.12 3 2-
- 1 Arkansas Avenue 2/28/2013 $465,000 0.1 Ranch 1,015 0.84 3 2-
Averages 3944 days $461,638 0.09 --- 1,395 0.4 --- ---  
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
594 132 7 South Cambridge Street