1 Bank Street, Nantucket, MA 02554

Owner Information
Owner 1
Fred G Lamott & Sarah F
Owner 2
Owner's Address
P O Box 462 Siasconset, MA 02564
Market Sale Information
Most recent sale date
6/26/2009
Previous sale date
05/25/1988
Transfer document #
C0023269-
Previous transfer document
00299-0279
Grantor
Fred G Lamott
Previous grantor
Most recent sale price
$0.00
Previous sale price
$35,000.00
Site Information
Property ID
7324-7
Lot Size
0.07
Use Code
101 - Residential, single family
Zoning
SOH
Building Style
Colonial
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
1
Condition
Number of half baths
Finished Area
812
Number of Kitchen
1
Gross Living Area
952
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
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
$938,700.00
Total value
$1,360,400.00
Building value
$421,700.00
Estimated tax
$4,462.00
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$1,600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
1 Bank Street20 Shell Street$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 1 Bank Street A) 20 Shell Street
Photo
Plan
Map
Proximity 0.1
Last Sold 2/5/2025
Price $1,715,000
Net Living Area 894
Stories 1.5
Sale Price/sft $0.00$1918.34
Style ColonialConventional
Age 19701920
Rooms
Bedrooms 32
Full baths 11
Half baths
Gross Living Area 9521180
Heating Fuel Electr BasebrdFloor Furnace
Detached Garage
Lot Size 0.070.07
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $421,700.00$712,700
AEM Value - Land $938,700.00$1,004,200
AEM Value - Other $0.00$0
AEM Value - Total $1,360,400.00$1,716,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Bank Street 6/26/2009 $0 0 Colonial 812 0.07 3 1- -
  Criteria
A 20 Shell Street 2/5/2025 $1,715,000 0.1 Conventional 894 0.07 2 1-
Averages 113 days $1,715,000 0.10 --- 894 0.07 --- ---  

Estimation of Market Value - $1,458,295

As of today, 05/29/2025, the estimated market value of 1 Bank Street, Nantucket considering the above 1 comparable properties is $1,458,295.

 

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 Copy to Clipboard
Subject Property31 Codfish Park Road1 Jackson Street25 Codfish Park Road5 Jackson Street21 Codfish Park Road1 Fawcett Way12 Center Sias Street16 Broadway1 Bank Street10 Center Sias Street7 Beach Street14 Broadway15 Broadway14 Center Sias Street18 Broadway21 Broadway13 Broadway23 Broadway17 Broadway9 Beach Street20 Broadway25 Broadway22 Broadway19 Broadway24 Broadway20 Center Sias Street18 Center Sias Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Bank Street 6/26/2009 $0 0 Colonial 812 0.07 3 1- -
  Criteria
A 5 Bank Street 7/31/2020 $0 0.0 Bungalow 466 0.05 1 1-
B 5 Front Street 12/28/1992 $0 0.0 Vacant Land 0.04 -
C 10 Codfish Park Road $250,000 0.0 Outbuildings 0.2 -
D 7 Bank Street 6/19/2020 $1,050,000 0.0 Conventional 1,243 0.05 2 2-1
E 12 Codfish Park Road 4/7/2021 $1,850,000 0.0 Cape Cod 1,457 0.11 2 2-
F 10 Beach Street 10/17/2019 $600,000 0.0 Cape Cod 934 0.05 1 2-1
G 7 Front Street 1/2/1991 $100 0.0 Cape Cod 1,002 0.06 3 1-1
H 5 Broadway 12/28/1992 $0 0.0 Bungalow 462 0.07 1 1-
I 8 Codfish Park Road 12/31/2012 $0 0.0 Vacant Land 0.39 -
J 3 Broadway 11/15/1990 $250,000 0.0 Conventional 1,844 0.05 3 2-1
K 7 Broadway 10/14/1999 $640,000 0.0 Antique 615 0.04 3 1-
L 1 Broadway 4/13/2000 $0 0.0 Conventional 1,724 0.04 5 2-
M 16 Codfish Park Road 7/12/2011 $0 0.0 Conventional 1,224 0.11 2 2-
N 8 Bank Street 10/5/2020 $683,000 0.0 Bungalow 387 0.03 1 1-
O 15 Beach Street 6/13/2008 $0 0.0 Bungalow 1,320 0.1 2 2-
P 9 Front Street 3/18/2021 $2,350,000 0.0 Vacant Land 0.01 -
Q 7 Elbow Lane 11/14/2007 $0 0.0 Conventional 3,625 0.46 5 4-
R 9 Broadway 3/18/2021 $2,350,000 0.0 Conventional 1,775 0.04 3 3-
S 11 Beach Street 10/22/2020 $670,000 0.0 Cottage 456 0.02 2 1-
T 4 Broadway $0 0.0 Antique 738 0.06 2 1-
U 2 Broadway 11/8/2018 $0 0.0 Antique 1,911 0.08 4 1-
V 6 Broadway 10/7/2002 $650,000 0.0 Antique 696 0.04 2 1-
W 11 Broadway 12/11/2012 $0 0.0 Antique 1,902 0.03 5 2-
X 8 Broadway 9/7/2017 $1,550,000 0.0 Antique 1,255 0.04 4 2-
Y 9 Beach Street 8/20/2014 $0 0.0 Cape Cod 1,410 0.12 3 3-
Z 7 Beach Street 3/1/2000 $240,000 0.0 Bungalow 666 0.06 2 2-
- 11 Front Street 1/26/2012 $2,180,000 0.0 Colonial 1,366 0.12 3 2-
- 2 Center Sias Street 10/19/2021 $1,800,000 0.0 Antique 1,243 0.09 3 1-1
- 2 Main Sias Street $0 0.0 Outbuildings 0.14 -
- 13 Broadway 10/25/2013 $0 0.0 Antique 1,625 0.05 3 1-1
- 10 Broadway 9/27/2017 $0 0.0 Antique 1,003 0.08 3 2-
- 5 Elbow Lane 9/29/2020 $1,666,625 0.0 Antique 1,104 0.12 4 1-
- 11 Bank Street 5/12/2004 $0 0.0 Conventional 1,139 0.17 3 2-
- 6 Center Sias Street 8/18/2023 $2,650,000 0.0 Antique 1,246 0.03 3 2-
- 4 Codfish Park Road 10/18/1995 $0 0.0 Vacant Land 0.38 -
- 13 Bank Street 11/28/2016 $781,000 0.0 Cottage 692 0.05 1 1-
- 15 Broadway 10/15/2015 $1,095,000 0.1 Antique 1,526 0.03 3 3-
- 21 Codfish Park Road 1/20/1999 $0 0.1 Vacant Land 0.02 -
- 2 Elbow Lane 7/1/1982 $0 0.1 Antique 933 0.05 3 1-1
- 4 Main Sias Street 1/26/2024 $5,200,000 0.1 Aptovrret/Off 3,408 0.08 4 2-
- 4 Shell Street 9/24/2008 $2,200,000 0.1 Colonial 1,945 0.1 3 2-
- 14 Broadway 5/23/2011 $885,000 0.1 Antique 1,153 0.05 3 2-
- 7 Fawcett Way 8/19/1998 $159,000 0.1 Conventional 1,307 0.06 2 2-1
- 5 Main Sias Street 10/1/2013 $2,740,000 0.1 Custom Built 3,882 0.2 4 4-1
- 8 Center Sias Street 1/10/2019 $1,330,000 0.1 Antique 1,541 0.03 4 2-
- 13 Front Street 9/9/2004 $0 0.1 Antique 1,733 0.1 5 3-1
- 0 New Sias Street 11/14/2016 $1,124,100 0.1 Conventional 1,782 0.04 2 3-
- 17 Broadway 11/20/2019 $960,000 0.1 Colonial 2,314 0.04 5 2-
- 15 Bank Street 6/17/2013 $945,000 0.1 Antique 825 0.08 3 1-
- 4 Elbow Lane 8/9/2002 $995,000 0.1 Colonial 1,861 0.12 3 2-1
- 3 Elbow Lane 8/2/2007 $3,600,000 0.1 Conventional 2,190 0.21 3 2-1
- 24 Codfish Park Road 2/1/2013 $715,000 0.1 Cottage 724 0.04 2 1-
- 6 Elbow Lane 1/30/2023 $2,800,000 0.1 Antique 1,463 0.14 2 1-
- 16 Broadway 9/6/1996 $0 0.1 Bungalow 1,029 0.04 2 2-1
- 1 Folgers Court $0 0.1 Other Municipa 332 0.01 0 0-
- 5 Gully Road 8/24/2012 $1,600,000 0.1 Cape Cod 1,998 0.16 3 3-
- 9 Park Lane 10/11/1990 $0 0.1 Cottage 384 0.04 1 1-
- 3 Folgers Court 11/3/2006 $250,000 0.1 Vacant Land 0.01 -
- 10 Center Sias Street 9/10/2024 $1,675,000 0.1 Conventional 972 0.03 3 1-
- 2 New Sias Street 8/31/2021 $0 0.1 Bungalow 930 0.08 3 1-
- 3 Gully Road 9/17/1990 $587,500 0.1 Conventional 2,144 0.16 3 2-
- 6 Main Sias Street 4/21/2019 $0 0.1 Aptovrret/Off 1,955 0.05 2 2-
- 8 Jackson Street Unit 1 8/18/2010 $0 0.1 Condominium 520 0 2 1-
- 6 Jackson Street Unit 2 3/10/2015 $500,000 0.1 Condominium 522 0 2 1-
- 9 Gully Road 1/24/2020 $1,950,000 0.1 Vacant Land 0.07 -
- 19 Broadway 12/12/2019 $1,100,000 0.1 Conventional 1,590 0.04 4 2-1
- 26 Codfish Park Road 6/10/2016 $810,900 0.1 Cottage 648 0.08 3 2-1
- 5 Folgers Court 10/31/2022 $1,600,000 0.1 Conventional 823 0.03 2 1-1
- 25 Codfish Park Road $0 0.1 Vacant Land 0.15 -
- 15 Front Street 10/31/2014 $0 0.1 Antique 1,372 0.09 4 1-1
- 18 Broadway 4/12/1994 $102,847 0.1 Conventional 1,345 0.04 4 2-
- 1 Elbow Lane 1/24/2020 $1,950,000 0.1 Colonial 2,016 0.16 4 2-
- 12 Center Sias Street $0 0.1 Bungalow 1,205 0.03 3 2-
- 8 Main Sias Street 2/2/2017 $0 0.1 Aptovrret/Off 2,158 0.04 2 2-
- 21 Broadway 7/6/2006 $1,925,000 0.1 Antique 1,436 0.03 6 2-
- 1 Fawcett Way 1/3/1994 $0 0.1 Vacant Land 0.2 -
- 12 Shell Street 3/7/2022 $100,000 0.1 Custom Built 1,855 0.05 4 3-
- 19 Bank Street 8/9/2021 $2,900,000 0.1 Antique 1,607 0.08 4 2-1
- 1 New Sias Street 12/23/2013 $1,525,000 0.1 Aptovrret/Off 1,799 0.21 4 2-
- 5 Codfish Park Road 8/2/1993 $0 0.1 Vacant Land 3.7 -
- 7 Jackson Street 6/3/2016 $0 0.1 Ranch 1,136 0.15 2 2-1
- 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
- 19 Front Street 11/23/2021 $0 0.1 Antique 2,575 0.11 5 3-1
- 3 New Sias Street 10/27/2020 $1,475,000 0.1 Antique 1,704 0.1 2 2-
- 23 Broadway 10/12/2006 $0 0.1 Antique 1,319 0.04 4 2-
- 14 Shell Street 7/11/2019 $0 0.1 Colonial 1,154 0.03 2 2-
- 5 Jackson Street 12/4/2006 $0 0.1 Vacant Land 0.1 -
- 0 Gully Road 6/29/1984 $110,000 0.1 Vacant Land 0.77 -
- 21 Bank Street 5/17/2019 $1,070,000 0.1 Bungalow 547 0.06 2 1-
- 18 Center Sias Street 10/18/2021 $1,300,000 0.1 Conventional 1,978 0.06 5 2-1
- 6 Folgers Court 6/27/2022 $0 0.1 Ranch 1,248 0.2 4 2-
- 22 Broadway 9/30/2015 $1,350,000 0.1 Conventional 1,193 0.04 4 2-
- 21 Front Street 8/2/1999 $875,000 0.1 Antique 2,355 0.05 5 3-
- 5 New Sias Street 5/26/2022 $0 0.1 Conventional 1,766 0.11 3 3-
- 30 Codfish Park Road 12/18/2020 $2,600,000 0.1 Cottage 812 0.12 2 2-
- 1 Grand Avenue 12/12/1989 $495,000 0.1 Conventional 1,264 0.12 3 2-
- 1 Jackson Street $0 0.1 Vacant Land 0 -
- 9-R New Sias Street 3/9/2006 $0 0.1 Vacant Land 0.18 -
- 25 Broadway 6/30/2015 $800,000 0.1 Antique 2,652 0.03 4 4-1
- 16 Shell Street 1/13/2011 $0 0.1 Antique 1,150 0.14 4 1-1
- 24 Broadway 8/18/2020 $0 0.1 Conventional 1,849 0.05 5 2-1
- 3 Grand Avenue 3/30/2021 $3,300,000 0.1 Colonial 3,810 0.14 5 6-1
- 20 Shell Street 2/5/2025 $1,715,000 0.1 Conventional 894 0.07 2 1-
- 1 Ocean Avenue 11/18/2011 $0 0.1 Antique 8,523 0.85 5 5-1
- 7 New Sias Street 5/26/2022 $0 0.1 Vacant Land 0.07 -
- 10 New Sias Street $0 0.1 Clubs/Lodges 8,368 2.09 2 2-
- 23 Bank Street 10/1/2024 $3,995,000 0.1 Custom Built 1,247 0.13 2 2-1
- 23 Front Street-Lot 93 10/25/2017 $0 0.1 Antique 1,344 0.04 4 1-
- 23 Front Street 9/5/2024 $2,755,000 0.1 Vacant Land 0.03 -
- 18 Shell Street 10/23/2015 $0 0.1 Cottage 650 0.07 1 1-
- 32 Codfish Park Road 3/20/2006 $0 0.1 Bungalow 892 0.09 3 1-
- 2 King Street 9/13/2019 $1,280,000 0.1 Bungalow 1,064 0.06 3 2-
- 20 Center Sias Street 12/6/2022 $0 0.1 Antique 1,993 0.11 5 2-1
- 5 Grand Avenue 9/26/2008 $200,000 0.1 Custom Built 3,079 0.12 4 3-1
- 27 Broadway 10/7/2021 $0 0.1 Antique 2,340 0.12 3 3-
- 2 Gully Road 12/22/2022 $4,750,000 0.1 Vacant Land 3.18 -
- 4 King Street 2/16/2021 $0 0.1 Ranch 528 0.03 1 1-
- 6 King Street 3/11/2021 $0 0.1 Cape Cod 896 0.08 3 2-
- 25 Bank Street 8/31/2023 $2,000,000 0.1 Conventional 615 0.03 1 1-
- 26 Broadway 8/29/2006 $1,350,000 0.1 Antique 1,193 0.1 4 1-1
- 23-R Bank Street 9/25/2009 $794,000 0.1 Cape Cod 756 0.04 2 2-
- 5 Ocean Avenue 11/18/2011 $0 0.1 Vacant Land 0.13 -
- 34 Codfish Park Road 12/18/2020 $3,695,000 0.1 Custom Built 2,649 0.11 5 5-1
- 8 King Street 10/9/2001 $0 0.1 Conventional 1,884 0.31 3 2-
- 9 New Sias Street 10/21/2004 $4,000,000 0.1 Restaurant 6,653 0.57 0 3-
- 31 Codfish Park Road 8/12/1993 $0 0.1 Vacant Land 0 -
- 16 Main Sias Street 9/14/2022 $0 0.1 Ranch 2,522 0.74 4 3-
- 6 Grand Avenue 11/18/2011 $0 0.1 Colonial 1,482 0.17 2 2-
- 8 Ocean Avenue Unit 3 $0 0.1 Vacant Land 0.06 -
- 7 Ocean Avenue 10/3/2016 $0 0.1 Bungalow 336 0.03 1 1-
- 27 Bank Street 11/21/2001 $0 0.1 Conventional 1,141 0.08 3 1-
Averages 4767 days $798,819 0.07 --- 1,343 0.17 --- ---  
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 7 1 Bank Street