17 South Water Street, Nantucket, MA 02554

17 South Water Street Nantucket MA 02554
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Owner Information
Owner 1
Nantucket Dreamland Foundation
Owner 2
Owner's Address
P O Box 989 Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/3/2007
Previous sale date
03/14/2005
Transfer document #
C0022759-
Previous transfer document
C0021691-0
Grantor
Dreamland Theater ZMG LLC
Previous grantor
Dreamland Theatre Inc
Most recent sale price
$9,800,000.00
Previous sale price
$6,000,000.00
Site Information
Property ID
4231-11-1
Lot Size
0.31
Use Code
951 - Other
Zoning
CDT
Building Style
Theaters Encl.
Number of Rooms
Stories
2
Number of Beds
Year Built
2011
Number of full baths
3
Condition
Number of half baths
Finished Area
16184
Number of Kitchen
Gross Living Area
18538
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Solar Assisted
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$7,280,700.00
Total value
$18,700,900.00
Building value
$11,420,200.00
Estimated tax
$99,114.00
Yard improvement value
$0.00
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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 17 South Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $605.54 Style Theaters Encl. Age 2011 Rooms Bedrooms Full baths 3 Half baths Gross Living Area 18538 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.31 Roof Cover Asph/F Gls/Cmp AEM Value - Building $11,420,200.00 AEM Value - Land $7,280,700.00 AEM Value - Other $0.00 AEM Value - Total $18,700,900.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 17 South Water Street 10/3/2007 $9,800,000 0 Theaters Encl. 16,184 0.31 3- -
  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
  • 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
@ 17 South Water Street 10/3/2007 $9,800,000 0 Theaters Encl. 16,184 0.31 3- -
  Criteria
A 15 South Water Street 9/21/2005 $4,027,000 0.0 Restaurant 3,590 0.15 0 3-
B 11 South Water Street 6/22/2005 $55,000,000 0.0 Store 3,329 0.1 0 2-
C 19 South Water Street 11/15/2006 $0 0.0 Store 4,200 0.1 0 2-
D 12 Oak Street 5/31/2019 $6,500,000 0.0 Aptovrret/Off 7,123 0.19 2 2-1
E 8 Oak Street 7/9/1991 $331,000 0.0 Aptovrret/Off 1,922 0.05 0 2-
F 21 South Water Street 12/23/2020 $2,575,000 0.0 Store 2,401 0.04 0 3-
G 10 Easy Street 12/4/2023 $3,800,000 0.0 Colonial 2,384 0.11 2 3-
H 4 South Beach Street Extension 12/30/1993 $0 0.0 Warehouse 792 0.02 0 0-
I 1 India Street $0 0.0 Library 3,602 0.29 0 0-
J 6 Oak Street 6/15/2022 $0 0.0 Restaurant 616 0.03 0 2-
K 26 Easy Street 12/28/2021 $1,995,000 0.0 Aptovrret/Off 1,362 0.06 0 0-
L 6 Easy Street 3/10/2014 $22,700 0.0 Vacant Land 0.01 -
M 4-E Chestnut Street 6/12/2012 $0 0.0 Aptovrret/Off 2,475 0.05 6 3-
N 8 Broad Street-Lot 72 12/31/1993 $0 0.0 Vacant Land 0.02 -
O 28 Easy Street 10/27/2011 $1,227,840 0.0 Aptovrret/Off 3,958 0.1 3 6-
P 23 South Water Street $0 0.0 Store 8,083 0.15 0 3-
Q 7 Easy Street 10/10/2012 $0 0.0 Aptovrret/Off 1,539 0.09 2 2-
R 6 Broad Street 10/27/2011 $2,671,920 0.0 Store 5,724 0.15 0 2-
S 2-E Chestnut Street 9/21/2005 $15,473,000 0.0 Restaurant 662 0.03 0 2-
T 10 Broad Street 2/11/2022 $0 0.0 Store 3,087 0.05 0 1-
U 8 Broad Street 12/30/1993 $0 0.0 Aptovrret/Off 1,596 0.02 1 1-1
V 4 South Water Street 9/21/2005 $15,473,000 0.0 Store 1,704 0.03 0 2-
W 4 Broad Street 2/11/2022 $0 0.0 Store 3,777 0.08 0 2-
X 21 Easy Street 7/17/2017 $4,500,000 0.0 Ranch 945 0.07 1 2-
Y 21 Federal Street 9/21/2005 $15,473,000 0.0 Restaurant 4,520 0.07 0 3-
Z 5-A South Water Street 10/22/1997 $0 0.0 Retail Condo 687 0 0 0-
- 4 Old North Wharf 12/24/2002 $0 0.0 Warehouse 1,078 0.02 1-
- 4 Easy Street $0 0.0 Store 1,764 0.06 0 2-
- 20 South Water Street $0 0.0 Police Station 5,153 0.3 0 2-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 6 Straight Wharf $0 0.1 Retail Condo 884 0 0 2-
- 6-A Straight Wharf 6/7/2016 $0 0.1 Condominium 484 0 1 1-
- 8 Straight Wharf 1/23/2008 $0 0.1 Retail Condo 1,221 0 0 2-
- 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 21 Old North Wharf 1/16/2018 $3,250,000 0.1 Wharf Cottage 1,202 0.03 2 2-
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 16 Old North Wharf 7/14/2000 $1,600,000 0.1 Wharf Cottage 393 0.02 1 1-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 14 Still Dock 9/4/2020 $1,225,000 0.1 Condominium 745 0 2 1-
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 12 Straight Wharf 8/27/1984 $0 0.1 Store 3,528 0.07 0 2-
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 18 Old North Wharf 11/16/2018 $5,800,000 0.1 Wharf Cottage 889 0.04 2 2-
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 20 Old North Wharf 3/26/1998 $200,000 0.1 Clubs/Lodges 400 0.02 1-
- 16 Straight Wharf 6/22/2005 $55,000,000 0.1 Store 2,428 0.07 0 2-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 22 Old North Wharf 1/30/2014 $0 0.1 Cooperative 690 0.02 1 1-1
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 20 Straight Wharf 6/5/2012 $3,420,000 0.1 Restaurant 7,134 0.07 2 3-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 1 Steamboat Wharf-Lot 101 $0 0.1 Outbuildings 0.44 -
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 23 Old North Wharf 4/10/2002 $0 0.1 Commercial 328 0.01 0 0-
- 2 New Whale Street 12/8/2020 $8,159,800 0.1 Vacant Land 0.51 -
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 24 Old North Wharf 9/20/2021 $6,666,667 0.1 Wharf Cottage 964 0.03 3 2-1
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 25 Old North Wharf 10/31/2017 $5,450,000 0.1 Wharf Cottage 1,200 0.04 2 1-1
- 1 South Beach Street-Lot 11 $0 0.1 Conventional 1,638 0.92 3 3-
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
Averages 5490 days $7,493,056 0.08 --- 3,184 0.1 --- ---  
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
4231 11 1 17 South Water Street