40 Shell Street, Nantucket, MA 02554

Owner Information
Owner 1
Richard L Duncan
Owner 2
40 Shell St Nom Trust
Owner's Address
405 Kit Carson Rd #16 Taos, NM 87571
Market Sale Information
Most recent sale date
8/27/2012
Previous sale date
11/01/2006
Transfer document #
01340-0007
Previous transfer document
01048-0104
Grantor
Richard Duncan
Previous grantor
Susan Koch Slimmon
Most recent sale price
$0.00
Previous sale price
$1,150,000.00
Site Information
Property ID
7313-1
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
SR1
Building Style
Bungalow
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1925
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1692
Number of Kitchen
1
Gross Living Area
1752
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Minim/Masonry
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Coal Or Wood
Roof Cover
Rolled Compos
Heating fuel
None
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,257,900.00
Total value
$1,584,800.00
Building value
$326,900.00
Estimated tax
$5,198.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
40 Shell Street1 Chapel Street34 Baxter Road21 Ocean Avenue$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Shell Street A) 1 Chapel StreetB) 21 Ocean AvenueC) 34 Baxter Road
Photo
Plan
Map
Proximity 0.20.30.4
Last Sold 4/22/20254/28/20254/18/2025
Price $2,700,000$5,000,000$3,900,000
Net Living Area 1,4122,0871,852
Stories 121
Sale Price/sft $0.00$1912.18$2395.78$2105.83
Style BungalowConventionalColonialRanch
Age 1925193019001950
Rooms 6
Bedrooms 4353
Full baths 1222
Half baths 1111
Gross Living Area 1752192930772130
Heating Fuel NoneForced Air-DucElectr BasebrdElectr Basebrd
Detached Garage
Lot Size 0.160.040.130.27
Roof Cover Rolled ComposWood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $326,900.00$1,494,900$736,600$1,260,000
AEM Value - Land $1,257,900.00$800,200$4,360,500$1,465,940
AEM Value - Other $0.00$0$0$0
AEM Value - Total $1,584,800.00$2,295,100$5,097,100$2,725,940
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Shell Street 8/27/2012 $0 0 Bungalow 1,692 0.16 4 1-1 -
  Criteria
A 1 Chapel Street 4/22/2025 $2,700,000 0.2 Conventional 1,412 0.04 3 2-1
B 21 Ocean Avenue 4/28/2025 $5,000,000 0.3 Colonial 2,087 0.13 5 2-1
C 34 Baxter Road 4/18/2025 $3,900,000 0.4 Ranch 1,852 0.27 3 2-1
Averages 33 days $3,866,667 0.31 --- 1,784 0.15 --- ---  

Estimation of Market Value - $2,742,427

As of today, 05/25/2025, the estimated market value of 40 Shell Street, Nantucket considering the above 3 comparable properties is $2,742,427.

 

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
Subject Property10 North Gully Road29 Shell Street12 Center Sias Street0 North Gully Road-Off9-R New Sias Street16 Broadway10 Center Sias Street0 North Gully Road-Off7 North Gully Road40 Shell Street14 Center Sias Street18 Broadway21 Broadway23 Broadway17 Broadway20 Broadway1 New Sias Street25 Broadway22 Broadway19 Broadway24 Broadway20 Center Sias Street18 Center Sias Street42 Shell Street11 Pitman Road43 Shell Street2 Nosegay Lane$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Shell Street 8/27/2012 $0 0 Bungalow 1,692 0.16 4 1-1 -
  Criteria
A 42 Shell Street 4/15/2021 $2,825,000 0.0 Cape Cod 3,193 0.13 3 3-1
B 41 Shell Street $0 0.0 Conventional 1,439 0.12 3 3-
C 38 Shell Street 8/23/2010 $0 0.0 Conventional 2,497 0.41 4 3-
D 4 Coffin Sias Street 11/17/2017 $1,000,000 0.0 Ranch 2,747 0.23 3 4-
E 36 Shell Street 12/23/2009 $1,499,000 0.0 Colonial 3,596 0.18 5 4-1
F 44 Shell Street 3/8/2013 $0 0.0 Conventional 1,828 0.16 4 1-1
G 31 Shell Street 2/19/2020 $0 0.0 Conventional 1,189 0.08 4 2-
H 39 Shell Street $0 0.0 Conventional 1,573 0.12 3 3-
I 6 Coffin Sias Street 11/19/2020 $3,226,000 0.0 Custom Built 2,597 0.25 5 5-
J 29 Shell Street $0 0.0 Vacant Land 0.04 -
K 32 Shell Street 6/13/1990 $0 0.0 Vacant Land 0.41 -
L 37 Shell Street 12/30/1993 $0 0.0 Outbuildings 0.1 -
M 11 Pitman Road 6/25/2019 $3,250,000 0.0 Custom Built 3,013 0.25 4 3-1
N 28 Shell Street 9/26/2014 $867,772 0.0 Antique 2,276 0.13 4 4-1
O 33 Shell Street 12/30/1993 $0 0.0 Conventional 1,996 0.21 5 4-
P 0 Sankaty Road 10/20/2015 $1,584,800 0.0 Colonial 2,512 0.12 3 3-1
Q 13 Pitman Road 12/3/2014 $0 0.0 Colonial 3,049 0.12 3 2-1
R 2 Sankaty Road 2/25/2022 $0 0.1 Custom Built 2,149 0.18 4 2-1
S 26 Shell Street 10/1/1992 $150,000 0.1 Antique 866 0.12 2 1-
T 7 Pitman Road 7/16/2007 $0 0.1 Custom Built 3,012 0.17 5 4-1
U 35 Shell Street 12/30/1993 $0 0.1 Colonial 5,373 0.35 5 5-
V 8 Coffin Sias Street 7/18/2006 $3,895,000 0.1 Conventional 4,709 0.13 4 5-2
W 27 Shell Street 5/23/2013 $222,222 0.1 Custom Built 4,810 0.43 5 5-1
X 25 Shell Street 10/8/2013 $0 0.1 Bungalow 1,093 0.05 3 2-
Y 1 Sankaty Road 1/4/2019 $0 0.1 Bungalow 708 0.17 2 1-
Z 7 King Street 3/6/2020 $3,000,000 0.1 Colonial 2,647 0.43 3 3-1
- 4 Sankaty Road 3/13/1998 $375,000 0.1 Conventional 1,299 0.05 3 2-
- 5 Coffin Sias Street 6/15/2022 $4,795,000 0.1 Custom Built 2,108 0.25 4 2-1
- 3 Sankaty Road 8/1/1995 $200,000 0.1 Conventional 1,030 0.18 3 1-1
- 29 Broadway 12/9/2004 $0 0.1 Antique 3,544 0.21 4 3-1
- 9 King Street 9/24/2019 $0 0.1 Conventional 2,819 0.11 4 3-1
- 6 Sankaty Road 12/28/2004 $2,750,000 0.1 Colonial 4,569 0.83 5 4-1
- 26 Broadway 8/29/2006 $1,350,000 0.1 Antique 1,193 0.1 4 1-1
- 12 Pitman Road 10/22/2013 $2,100,000 0.1 Cape Cod 1,520 0.35 3 3-
- 0 North Gully Road-Off 3/17/2021 $1,850,000 0.1 Vacant Land 0.23 -
- 20 Center Sias Street 12/6/2022 $0 0.1 Antique 1,993 0.11 5 2-1
- 11 King Street 8/12/1991 $10 0.1 Conventional 1,487 0.14 3 2-1
- 6 Pitman Road 12/23/1998 $0 0.1 Conventional 1,608 0.25 4 2-
- 3 Nosegay Lane 1/26/1994 $10 0.1 Colonial 2,699 0.56 6 5-
- 1 Nosegay Lane 8/16/2001 $0 0.1 Custom Built 4,312 0.22 5 6-
- 4 King Street 2/16/2021 $0 0.1 Ranch 528 0.03 1 1-
- 2 King Street 9/13/2019 $1,280,000 0.1 Bungalow 1,064 0.06 3 2-
- 0 North Gully Road-Off 12/30/1993 $0 0.1 Vacant Land 0.11 -
- 6 King Street 3/11/2021 $0 0.1 Cape Cod 896 0.08 3 2-
- 4 Pitman Road 4/23/2015 $0 0.1 Colonial 1,596 0.32 4 2-1
- 27 Broadway 10/7/2021 $0 0.1 Antique 2,340 0.12 3 3-
- 18 Shell Street 10/23/2015 $0 0.1 Cottage 650 0.07 1 1-
- 20 Shell Street 2/5/2025 $1,715,000 0.1 Conventional 894 0.07 2 1-
- 24 Broadway 8/18/2020 $0 0.1 Conventional 1,849 0.05 5 2-1
- 15 King Street 10/21/2021 $0 0.1 Ranch 1,956 0.18 3 2-1
- 12 Coffin Sias Street 1/26/1995 $0 0.1 Cape Cod 2,345 0.35 3 3-
- 25 Broadway 6/30/2015 $800,000 0.1 Antique 2,652 0.03 4 4-1
- 10 King Street 12/13/2011 $1,300,000 0.1 Conventional 1,669 0.2 3 1-
- 8 King Street 10/9/2001 $0 0.1 Conventional 1,884 0.31 3 2-
- 23 Front Street-Lot 93 10/25/2017 $0 0.1 Antique 1,344 0.04 4 1-
- 18 Center Sias Street 10/18/2021 $1,300,000 0.1 Conventional 1,978 0.06 5 2-1
- 22 Broadway 9/30/2015 $1,350,000 0.1 Conventional 1,193 0.04 4 2-
- 16 Shell Street 1/13/2011 $0 0.1 Antique 1,150 0.14 4 1-1
- 12 King Street 6/10/2019 $0 0.1 Ranch 1,512 0.22 3 2-
- 10 North Gully Road 12/28/1977 $0 0.1 Vacant Land 0.03 -
- 12 Coffin Sias Street Unit 1 1/26/1995 $0 0.1 Vacant Land 0.04 -
- 7 North Gully Road 4/24/2019 $1,850,000 0.1 Vacant Land 0.23 -
- 29 Bank Street 7/6/2022 $0 0.1 Colonial 1,504 0.07 4 4-
- 10 Sankaty Road 12/7/2021 $0 0.1 Conventional 6,171 0.84 4 5-4
- 1 Baxter Road 11/21/2007 $7,000,000 0.1 Custom Built 4,871 0.95 5 5-3
- 23 Front Street 9/5/2024 $2,755,000 0.1 Vacant Land 0.03 -
- 27 Bank Street 11/21/2001 $0 0.1 Conventional 1,141 0.08 3 1-
- 21 Front Street 8/2/1999 $875,000 0.1 Antique 2,355 0.05 5 3-
- 25 Bank Street 8/31/2023 $2,000,000 0.1 Conventional 615 0.03 1 1-
- 23 Broadway 10/12/2006 $0 0.1 Antique 1,319 0.04 4 2-
- 9 Coffin Sias Street 12/6/2017 $0 0.1 Bungalow 1,857 0.46 5 3-
- 14 Shell Street 7/11/2019 $0 0.1 Colonial 1,154 0.03 2 2-
- 21 King Street 2/15/2023 $2,925,000 0.1 Cape Cod 1,268 0.15 2 2-
- 20 Broadway 6/10/2013 $0 0.1 Conventional 1,526 0.07 4 2-
- 14 Center Sias Street 9/16/2019 $0 0.1 Antique 2,482 0.04 3 2-1
- 7 Lindberg Avenue 12/7/2021 $0 0.1 Vacant Land 0.84 -
- 16 King Street 1/24/2025 $1,830,000 0.1 Conventional 1,253 0.18 4 1-
- 6 Folgers Court 6/27/2022 $0 0.1 Ranch 1,248 0.2 4 2-
- 8 Pitman Road 4/23/2015 $0 0.1 Conventional 2,527 0.72 4 2-1
- 14 Coffin Sias Street 10/31/2024 $9,770,000 0.1 Ranch 2,804 0.32 4 3-2
- 18 King Street 11/23/2022 $0 0.1 Colonial 2,073 0.25 3 4-1
- 23-R Bank Street 9/25/2009 $794,000 0.1 Cape Cod 756 0.04 2 2-
- 8 North Gully Road 8/15/2023 $3,595,000 0.1 Colonial 627 0.06 2 2-
- 21 Broadway 7/6/2006 $1,925,000 0.1 Antique 1,436 0.03 6 2-
- 5 North Gully Road $0 0.1 Vacant Land 0.02 -
- 19 Front Street 11/23/2021 $0 0.1 Antique 2,575 0.11 5 3-1
- 9-R New Sias Street 3/9/2006 $0 0.1 Vacant Land 0.18 -
- 12 Shell Street 3/7/2022 $100,000 0.1 Custom Built 1,855 0.05 4 3-
- 18 Broadway 4/12/1994 $102,847 0.1 Conventional 1,345 0.04 4 2-
- 43 Shell Street 4/21/1995 $0 0.1 Conventional 2,255 1.25 4 1-
- 23 Bank Street 10/1/2024 $3,995,000 0.1 Custom Built 1,247 0.13 2 2-1
- 12 Center Sias Street $0 0.1 Bungalow 1,205 0.03 3 2-
- 25 King Street 12/23/2021 $0 0.1 Custom Built 2,070 0.15 3 4-
- 21 Bank Street 5/17/2019 $1,070,000 0.1 Bungalow 547 0.06 2 1-
- 19 Broadway 12/12/2019 $1,100,000 0.1 Conventional 1,590 0.04 4 2-1
- 2 Nosegay Lane 7/7/2016 $0 0.1 Custom Built 5,932 1.5 6 5-1
- 15 Coffin Sias Street 4/22/2024 $85,255 0.1 Conventional 1,926 0.49 3 2-
- 36 Codfish Park Road 5/16/2017 $0 0.1 Colonial 1,460 0.11 2 2-1
- 16 Coffin Sias Street 10/31/2024 $9,770,000 0.1 Outbuildings 0.34 -
- 15 Front Street 10/31/2014 $0 0.1 Antique 1,372 0.09 4 1-1
- 9 New Sias Street 10/21/2004 $4,000,000 0.1 Restaurant 6,653 0.57 0 3-
- 16 Broadway 9/6/1996 $0 0.1 Bungalow 1,029 0.04 2 2-1
- 10 Center Sias Street 9/10/2024 $1,675,000 0.1 Conventional 972 0.03 3 1-
- 5 Folgers Court 10/31/2022 $1,600,000 0.1 Conventional 823 0.03 2 1-1
- 3 North Gully Road 9/16/2014 $2,450,000 0.1 Conventional 1,319 0.11 2 3-
- 34 Codfish Park Road 12/18/2020 $3,695,000 0.1 Custom Built 2,649 0.11 5 5-1
- 1 New Sias Street 12/23/2013 $1,525,000 0.1 Aptovrret/Off 1,799 0.21 4 2-
- 11 Sankaty Road 4/22/1986 $0 0.1 Guest Quarters 1,192 0.21 2 2-
- 17 Broadway 11/20/2019 $960,000 0.1 Colonial 2,314 0.04 5 2-
- 19 Bank Street 8/9/2021 $2,900,000 0.1 Antique 1,607 0.08 4 2-1
- 29 King Street 9/25/2012 $12,578 0.1 Conventional 3,355 0.16 6 4-1
- 10 Lindberg Avenue 10/19/2012 $0 0.1 Custom Built 4,664 0.83 5 4-1
- 11 New Sias Street 10/3/2005 $800,000 0.1 Ranch 1,750 0.5 5 5-
- 26 King Street 10/22/1996 $486,500 0.1 Bungalow 1,696 0.19 3 2-
Averages 4667 days $1,002,903 0.08 --- 1,866 0.22 --- ---  
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
7313 1 40 Shell Street