16 Western Avenue, Nantucket, MA 02554

16 Western Avenue Nantucket MA 02554
Owner Information
Owner 1
Michael Metz
Owner 2
Owner's Address
4212 San Felipe Pmb 402 Houston, TX 77027
Market Sale Information
Most recent sale date
11/26/2007
Previous sale date
12/23/1992
Transfer document #
C0022820-
Previous transfer document
COO15-0577
Grantor
Jarrell Nantucket Rlty Trust
Previous grantor
Richard F Jarrell
Most recent sale price
$3,075,000.00
Previous sale price
$1.00
Site Information
Property ID
87-72
Lot Size
2.06
Use Code
101 - Residential, single family
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
1
Number of Beds
5
Year Built
1900
Number of full baths
5
Condition
Number of half baths
2
Finished Area
3807
Number of Kitchen
1
Gross Living Area
5981
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
$4,359,400.00
Total value
$7,533,500.00
Building value
$3,174,100.00
Estimated tax
$23,579.00
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 16 Western Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $807.72 Style Colonial Age 1900 Rooms Bedrooms 5 Full baths 5 Half baths 2 Gross Living Area 5981 Heating Fuel Forced Air-Duc Detached Garage Lot Size 2.06 Roof Cover Wood Shingle AEM Value - Building $3,174,100.00 AEM Value - Land $4,359,400.00 AEM Value - Other $0.00 AEM Value - Total $7,533,500.00
A) 2 Nonantum Avenue 0.2 8/8/2024 $7,200,000 3,749 2 $1920.51 Custom Built 2014 4 4 1 7285 Forced Air-Duc 0.69 Wood Shingle $3,799,200 $1,635,400 $0 $5,434,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Western Avenue 11/26/2007 $3,075,000 0 Colonial 3,807 2.06 5 5-2 -
  Criteria
A 2 Nonantum Avenue 8/8/2024 $7,200,000 0.2 Custom Built 3,749 0.69 4 4-1
Averages 57 days $7,200,000 0.23 --- 3,749 0.69 --- ---  

Estimation of Market Value - $8,646,053

As of today, 10/03/2024, the estimated market value of 16 Western Avenue, Nantucket considering the above 1 comparable properties is $8,646,053.

 

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
@ 16 Western Avenue 11/26/2007 $3,075,000 0 Colonial 3,807 2.06 5 5-2 -
  Criteria
A 14 Western Avenue 1/26/2017 $3,400,000 0.0 Colonial 4,437 1.84 4 6-2
B 18 Western Avenue 10/22/2019 $0 0.0 Bungalow 1,244 0.73 3 1-
C 12 Western Avenue-Lot 70 10/16/1989 $450,000 0.0 Colonial 2,439 0.44 4 4-1
D 20 Western Avenue 8/10/2020 $2,830,000 0.0 Conventional 1,155 0.86 3 2-
E 8 Western Avenue-Lot 68 $0 0.0 Vacant Land 0.23 -
F 22 Western Avenue $0 0.0 Bungalow 576 0.78 2 1-
G 8 Western Avenue 7/2/1984 $100,000 0.0 Vacant Land 0.46 -
H 24 Western Avenue 7/25/2019 $0 0.1 Colonial 1,321 0.25 3 2-
I 26 Western Avenue 12/4/2003 $1,499,000 0.1 Colonial 1,048 0.63 2 1-1
J 4 Western Avenue $0 0.1 Fast Food 830 2.33 0 0-
K 28 Western Avenue $0 0.1 Cape Cod 1,832 1.57 4 2-
L 13 Western Avenue 9/14/2012 $1,975,000 0.1 Colonial 1,809 0.38 3 3-1
M 30 Western Avenue 2/28/2015 $0 0.1 Custom Built 4,286 1.46 3 3-
N 21 Western Avenue 12/29/2009 $1,407,550 0.1 Colonial 2,956 0.23 5 4-1
O 15 Western Avenue 11/14/2018 $0 0.1 Ranch 1,010 0.4 2 1-1
P 166 Surfside Road 2/9/1995 $0 0.1 Vacant Land 0.42 -
Q 2 Western Avenue 11/10/2009 $0 0.1 Cottage 336 0.45 1 1-
R 30 Western Avenue-Lot 80 2/28/2015 $0 0.1 Colonial 693 1.46 1 2-
S 167 Surfside Road 1/22/2010 $0 0.1 Vacant Land 0.29 -
T 11 Western Avenue 10/22/2009 $0 0.1 Cape Cod 1,768 0.29 3 2-
U 4 Canonicus Street 6/1/2009 $0 0.1 Vacant Land 0.21 -
Averages 5575 days $555,312 0.08 --- 1,321 0.75 --- ---  
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
87 72 16 Western Avenue