7-R Ocean Avenue, Nantucket, MA 02554

7 R Ocean Avenue Nantucket MA 02554
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Owner Information
Owner 1
Christopher P Karlson
Owner 2
Owner's Address
P O Box 880 Siasconset, MA 02564
Market Sale Information
Most recent sale date
11/15/1999
Previous sale date
10/21/1997
Transfer document #
00641-0189
Previous transfer document
00550-0347
Grantor
Kathleen M Shepherd
Previous grantor
Peter Broer
Most recent sale price
$330,000.00
Previous sale price
$215,500.00
Site Information
Property ID
7324-54
Lot Size
0.04
Use Code
101 - Residential, single family
Zoning
SOH
Building Style
Bungalow
Number of Rooms
Stories
1
Number of Beds
1
Year Built
1940
Number of full baths
1
Condition
Number of half baths
Finished Area
267
Number of Kitchen
1
Gross Living Area
351
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,317,300.00
Total value
$1,552,400.00
Building value
$235,100.00
Estimated tax
$5,091.00
Yard improvement value
$0.00
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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
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7-R Ocean Avenue$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 7-R Ocean Avenue
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $1,235.96
Style Bungalow
Age 1940
Rooms
Bedrooms 1
Full baths 1
Half baths
Gross Living Area 351
Heating Fuel Electr Basebrd
Detached Garage
Lot Size 0.04
Roof Cover Asph/F Gls/Cmp
AEM Value - Building $235,100.00
AEM Value - Land $1,317,300.00
AEM Value - Other $0.00
AEM Value - Total $1,552,400.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7-R Ocean Avenue 11/15/1999 $330,000 0 Bungalow 267 0.04 1 1- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
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Subject Property10 Ocean Avenue-Lot 1510 Ocean Avenue2 Gully Road8 Ocean Avenue8 Ocean Avenue Unit 326 Ocean Avenue26 Ocean Avenue-Lot 20 Gully Road0 Low Beach Road18 Ocean Avenue26 Ocean Avenue-Lot 45 Ocean Avenue8 Main Sias Street2 Main Sias Street6 Main Sias Street7-R Ocean Avenue2 Elbow Lane4 Main Sias Street2 Broadway2 Center Sias Street4 Elbow Lane6 Elbow Lane1 Elbow Lane5 Main Sias Street16 Ocean Avenue20 Ocean Avenue1 Ocean Avenue$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7-R Ocean Avenue 11/15/1999 $330,000 0 Bungalow 267 0.04 1 1- -
  Criteria
A 3 Cottage Avenue 1/12/2021 $670,000 0.0 Cottage 407 0.03 1 1-
B 5 Ocean Avenue 11/18/2011 $0 0.0 Vacant Land 0.13 -
C 7 Ocean Avenue 10/3/2016 $0 0.0 Bungalow 336 0.03 1 1-
D 9 Ocean Avenue 7/27/1990 $0 0.0 Cottage 324 0.03 1 1-
E 5 Cottage Avenue 1/9/2004 $600,000 0.0 Bungalow 463 0.03 1 1-
F 8 Grand Avenue 10/29/2021 $2,050,000 0.0 Antique 1,339 0.13 3 1-2
G 2 Cottage Avenue $0 0.0 Bungalow 432 0.05 1 1-
H 11 Ocean Avenue $0 0.0 Bungalow 612 0.03 1 2-
I 10 Grand Avenue 4/12/1999 $335,000 0.0 Bungalow 408 0.03 1 1-
J 6 Grand Avenue 11/18/2011 $0 0.0 Colonial 1,482 0.17 2 2-
K 4 Cottage Avenue 4/26/2006 $2,775,000 0.0 Bungalow 1,865 0.12 3 3-
L 17 Ocean Avenue $0 0.0 Bungalow 452 0.12 2 1-
M 1 Ocean Avenue 11/18/2011 $0 0.0 Antique 8,523 0.85 5 5-1
N 10 Ocean Avenue 11/29/2019 $1,800,000 0.0 Vacant Land 0.12 -
O 7 Grand Avenue 12/23/2019 $650,000 0.0 Conventional 1,232 0.22 3 2-
P 8 Cottage Avenue 10/12/2017 $2,100,000 0.0 Antique 1,844 0.09 4 2-1
Q 11 Grand Avenue 10/20/1986 $0 0.0 Vacant Land 0.11 -
R 19 Ocean Avenue $0 0.0 Family Conver. 1,302 0.12 4 2-
S 8 Ocean Avenue Unit 3 $0 0.0 Vacant Land 0.06 -
T 8 Ocean Avenue $0 0.0 Vacant Land 0.05 -
U 9 Cottage Avenue 10/20/1986 $0 0.0 Vacant Land 0.11 -
V 1 Magnolia Avenue $0 0.0 Restaurant 6,262 0.15 0 3-
W 10 Cottage Avenue 4/30/2010 $0 0.0 Colonial 2,584 0.22 4 3-1
X 11 Cottage Avenue 8/8/2016 $0 0.0 Cape Cod 2,691 0.42 5 5-1
Y 5 Grand Avenue 9/26/2008 $200,000 0.0 Custom Built 3,079 0.12 4 3-1
Z 3 Magnolia Avenue 12/13/2021 $3,500,000 0.1 Antique 2,964 0.16 5 4-
- 21 Ocean Avenue 4/28/2025 $5,000,000 0.1 Colonial 2,087 0.13 5 2-1
- 16 Ocean Avenue 2/21/1986 $1,275,000 0.1 Store 1,377 0.73 -
- 1 Elbow Lane 1/24/2020 $1,950,000 0.1 Colonial 2,016 0.16 4 2-
- 9 Gully Road 1/24/2020 $1,950,000 0.1 Vacant Land 0.07 -
- 2 Magnolia Avenue 1/25/2001 $0 0.1 Conventional 1,980 0.09 4 2-1
- 3 Grand Avenue 3/30/2021 $3,300,000 0.1 Colonial 3,810 0.14 5 6-1
- 23 Ocean Avenue 3/3/2022 $0 0.1 Conventional 1,796 0.09 4 3-
- 12 Cottage Avenue 12/9/2020 $0 0.1 Colonial 1,861 0.11 5 2-1
- 3 Elbow Lane 8/2/2007 $3,600,000 0.1 Conventional 2,190 0.21 3 2-1
- 4 Magnolia Avenue 12/23/2019 $0 0.1 Colonial 3,161 0.13 6 4-1
- 1 Pochick Street 9/10/2018 $1,697,000 0.1 Antique 1,836 0.04 3 2-
- 4 Mckinley Avenue $0 0.1 Antique 1,249 0.29 2 1-
- 5 Magnolia Avenue 10/21/2021 $3,495,000 0.1 Antique 2,175 0.13 5 2-
- 3 Pochick Street 6/12/2017 $440,000 0.1 Antique 1,697 0.11 4 2-
- 4 Elbow Lane 8/9/2002 $995,000 0.1 Colonial 1,861 0.12 3 2-1
- 5 Gully Road 8/24/2012 $1,600,000 0.1 Cape Cod 1,998 0.16 3 3-
- 2 Elbow Lane 7/1/1982 $0 0.1 Antique 933 0.05 3 1-1
- 6 Magnolia Avenue 11/18/2019 $920,000 0.1 Antique 2,060 0.07 4 3-1
- 8 Mckinley Avenue 7/20/2015 $0 0.1 Antique 1,708 0.12 5 3-
- 16 Main Sias Street 9/14/2022 $0 0.1 Ranch 2,522 0.74 4 3-
- 6 Elbow Lane 1/30/2023 $2,800,000 0.1 Antique 1,463 0.14 2 1-
- 2 Mckinley Avenue 12/23/2010 $0 0.1 Ranch 2,377 0.33 4 3-
- 1 Grand Avenue 12/12/1989 $495,000 0.1 Conventional 1,264 0.12 3 2-
- 5 Pochick Street 6/21/2012 $1,750,000 0.1 Antique 1,647 0.11 5 2-1
- 5 Elbow Lane 9/29/2020 $1,666,625 0.1 Antique 1,104 0.12 4 1-
- 26 Ocean Avenue 12/17/2001 $150,000 0.1 Vacant Land 0.13 -
- 3 Gully Road 9/17/1990 $587,500 0.1 Conventional 2,144 0.16 3 2-
- 9 Magnolia Avenue 4/27/2021 $1,850,000 0.1 Antique 1,526 0.16 4 2-1
- 8 Magnolia Avenue 10/29/2019 $0 0.1 Antique 2,900 0.1 5 3-
- 8 Main Sias Street 2/2/2017 $0 0.1 Aptovrret/Off 2,158 0.04 2 2-
- 29 Ocean Avenue 12/16/1997 $795,000 0.1 Bungalow 1,451 0.15 4 2-
- 26 Ocean Avenue-Lot 2 12/17/2001 $150,000 0.1 Vacant Land 0.07 -
- 10 Ocean Avenue-Lot 15 11/29/2019 $1,800,000 0.1 Vacant Land 0.72 -
- 9 Pochick Street 10/3/2022 $2,215,000 0.1 Antique 804 0.07 2 2-
- 2 Gully Road 12/22/2022 $4,750,000 0.1 Vacant Land 3.18 -
- 4 Codfish Park Road 10/18/1995 $0 0.1 Vacant Land 0.38 -
- 4 Main Sias Street 1/26/2024 $5,200,000 0.1 Aptovrret/Off 3,408 0.08 4 2-
- 2 Main Sias Street $0 0.1 Outbuildings 0.14 -
- 6 Main Sias Street 4/21/2019 $0 0.1 Aptovrret/Off 1,955 0.05 2 2-
- 10 Magnolia Avenue 6/2/2017 $0 0.1 Antique 2,460 0.1 3 2-1
- 8 Pochick Street 3/19/2008 $0 0.1 Antique 1,360 0.14 4 2-
- 11 Pochick Street 11/14/2017 $0 0.1 Antique 914 0.07 3 1-1
- 20 Ocean Avenue 6/21/2001 $2,250,000 0.1 Modern/Contemp 1,856 1.69 3 3-
- 31 Ocean Avenue 1/16/1998 $2,200,000 0.1 Conventional 5,304 0.18 5 5-2
- 1 Lily Sias Street 4/2/2010 $0 0.1 Antique 1,219 0.16 3 1-1
- 2 Lily Sias Street 10/7/2013 $0 0.1 Antique 1,043 0.15 4 2-
- 7 Elbow Lane 11/14/2007 $0 0.1 Conventional 3,625 0.46 5 4-
- 15 Pochick Street 11/1/2005 $1,675,000 0.1 Antique 1,056 0.07 3 3-
- 1 Evelyn Street 9/27/2016 $0 0.1 Antique 1,187 0.16 3 2-
- 28 Ocean Avenue 12/10/1996 $90,000 0.1 Vacant Land 0.3 -
- 18 Ocean Avenue 9/11/1987 $0 0.1 Vacant Land 0.71 -
- 12 Pochick Street 6/15/2007 $0 0.1 Antique 1,142 0.14 3 2-
- 5 Mckinley Avenue 8/23/2023 $5,450,000 0.1 Cape Cod 2,998 0.57 4 3-1
- 1 Broadway 4/13/2000 $0 0.1 Conventional 1,724 0.04 5 2-
- 2 Evelyn Street 8/8/2001 $0 0.1 Antique 1,002 0.08 4 3-
- 5 Lily Sias Street 8/30/2017 $1,025,000 0.1 Bungalow 744 0.08 2 1-
- 14 Pochick Street 11/2/2022 $0 0.1 Antique 978 0.11 3 2-1
- 1 Mckinley Avenue 10/4/1999 $0 0.1 Ranch 1,506 0.41 3 2-
- 8 Codfish Park Road 12/31/2012 $0 0.1 Vacant Land 0.39 -
- 18 Mckinley Avenue 2/26/2021 $0 0.1 Cape Cod 3,029 0.3 3 5-1
- 26 Ocean Avenue-Lot 4 12/17/2001 $150,000 0.1 Vacant Land 0.83 -
- 2 Broadway 11/8/2018 $0 0.1 Antique 1,911 0.08 4 1-
- 5 Main Sias Street 10/1/2013 $2,740,000 0.1 Custom Built 3,882 0.2 4 4-1
- 15 Mckinley Avenue 10/28/2005 $3,035,000 0.1 Antique 2,229 0.2 3 2-1
- 0 Gully Road 6/29/1984 $110,000 0.1 Vacant Land 0.77 -
- 3 Broadway 11/15/1990 $250,000 0.1 Conventional 1,844 0.05 3 2-1
- 4 Evelyn Street 12/15/2021 $0 0.1 Antique 1,176 0.11 3 1-
- 2 Center Sias Street 10/19/2021 $1,800,000 0.1 Antique 1,243 0.09 3 1-1
- 6 Lily Sias Street 12/5/2013 $750,000 0.1 Conventional 941 0.07 4 1-1
- 19 Main Sias Street 12/15/2009 $0 0.1 Antique 4,722 0.24 3 5-2
- 0 Low Beach Road 8/31/1988 $10,000 0.1 Vacant Land 0.31 -
- 5 Evelyn Street 9/24/2010 $1,400,000 0.1 Antique 3,876 0.21 4 3-2
- 10 Codfish Park Road $250,000 0.1 Outbuildings 0.2 -
- 7 Lily Sias Street 10/31/2017 $950,000 0.1 Antique 2,672 0.11 3 3-1
- 22 Main Sias Street 8/24/1994 $1,000,000 0.1 Antique 5,258 0.59 5 5-
- 33 Ocean Avenue 6/27/2014 $0 0.1 Custom Built 4,354 0.44 5 4-
Averages 5490 days $884,766 0.08 --- 1,651 0.24 --- ---  
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
7324 54 7-R Ocean Avenue