57 Old South Road, Nantucket, MA 02554

57 Old South Road Nantucket MA 02554
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Owner Information
Owner 1
KTN Old South LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
5/17/2024
Previous sale date
8/8/2012
Transfer document #
D179605-0
Previous transfer document
C0024872-
Grantor
Richmond Great Point Devel LLC
Previous grantor
Walter J Glowacki
Most recent sale price
$550,000.00
Previous sale price
$30,596,600.00
Site Information
Property ID
68-156
Lot Size
0.53
Use Code
322 - Discount and Department Stores
Zoning
CN
Building Style
Store
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1968
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1936
Number of Kitchen
Gross Living Area
2417
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Pre-Fab Wood
Assessment Information
Fiscal Year
2024
Land Value
$1,462,900.00
Total value
$2,551,500.00
Building value
$1,088,600.00
Estimated tax
$13,522.00
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 57 Old South Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $284.09 Style Store Age 1968 Rooms Bedrooms 0 Full baths 2 Half baths 1 Gross Living Area 2417 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,088,600.00 AEM Value - Land $1,462,900.00 AEM Value - Other $0.00 AEM Value - Total $2,551,500.00
A) 2 Lovers Lane 0.0 5/20/2024 $1,300,000 2,112 1 $615.53 Store 1986 0 2 2112 Electr Basebrd 0.49 Asph/F Gls/Cmp $752,900 $1,481,400 $0 $2,234,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 57 Old South Road 5/17/2024 $550,000 0 Store 1,936 0.53 0 2-1 -
  Criteria
A 2 Lovers Lane 5/20/2024 $1,300,000 0.0 Store 2,112 0.49 0 2-
Averages 114 days $1,300,000 0.03 --- 2,112 0.49 --- ---  

Estimation of Market Value - $1,338,113

As of today, 09/10/2024, the estimated market value of 57 Old South Road, Nantucket considering the above 1 comparable properties is $1,338,113.

 

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
@ 57 Old South Road 5/17/2024 $550,000 0 Store 1,936 0.53 0 2-1 -
  Criteria
A 2 Lovers Lane 5/20/2024 $1,300,000 0.0 Store 2,112 0.49 0 2-
B 58 Old South Road 8/22/2008 $23,769,700 0.0 Dormitory 3,915 0.17 9 5-
C 56 Old South Road 10/16/2000 $410,000 0.0 Commercial 630 0.2 0 1-
D 4 Lovers Lane 9/24/2021 $1,550,000 0.1 Warehouse 3,778 0.37 -
E 60 Old South Road 1/11/2005 $0 0.1 Warehouse 2,900 1.18 0 0-
F 59 Old South Road 8/14/2017 $835,000 0.1 Store 3,868 0.93 -
G 62 Old South Road 1/11/2005 $0 0.1 Aptovrret/Off 1,688 0.58 2 2-
H 54 Old South Road 10/23/2014 $2,381,818 0.1 Aptovrret/Off 5,309 0.43 6 6-1
I 6 Lovers Lane 12/30/2021 $4,000,000 0.1 Office/Warehs 2,528 0.97 2-
J 54 Old South Road Unit 3 10/23/2014 $350,000 0.1 Office Bldg 1,459 0.68 1-
K 68 Old South Road 5/31/1990 $0 0.1 Aptovrret/Off 3,379 0.22 3 2-
L 66 Old South Road 5/31/1990 $0 0.1 Aptovrret/Off 2,816 0.4 4 2-
M 99 Goldfinch Drive 8/8/2013 $600,000 0.1 Office Bldg 2,742 0.23 1 1-
N 95 Goldfinch Drive 1/26/2000 $1,000,000 0.1 Other Municipa 525 0.13 -
O 93 Goldfinch Drive 12/3/2015 $655,000 0.1 Cape Cod 930 0.12 3 2-1
P 91 Goldfinch Drive 11/6/2020 $1,150,000 0.1 Colonial 2,025 0.12 4 3-1
Q 89 Goldfinch Drive 11/19/2010 $0 0.1 Colonial 2,278 0.12 4 3-1
R 67 Old South Road 12/6/2022 $363,780 0.1 Vacant Land 0.33 -
S 87 Goldfinch Drive 6/19/2015 $0 0.1 Colonial 2,592 0.12 3 4-
T 24 Bluebird Lane 10/1/2013 $775,000 0.1 Cape Cod 2,124 0.17 3 3-
U 85 Goldfinch Drive 2/5/2007 $1,445,000 0.1 Colonial 2,821 0.12 4 3-1
V 10 Lovers Lane 1/5/2004 $615,000 0.1 Ranch 1,828 0.54 2 2-
W 98 Goldfinch Drive 10/20/2021 $0 0.1 Colonial 1,768 0.11 3 2-1
Averages 4859 days $1,791,317 0.08 --- 2,348 0.38 --- ---  
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
68 156 57 Old South Road