38 Main Street, Nantucket, MA 02554

Owner Information
Owner 1
Nir Retail LLC
Owner 2
New England Develop-Accting Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
6/22/2005
Previous sale date
09/28/1992
Transfer document #
00963-0014
Previous transfer document
00398-0034
Grantor
Arthur J Halleran
Previous grantor
Walter R Hess
Most recent sale price
$55,000,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-189
Lot Size
0.14
Use Code
32 - Multiple Use Property
Zoning
CDT
Building Style
Store
Number of Rooms
Stories
1.75
Number of Beds
1
Year Built
1974
Number of full baths
3
Condition
Number of half baths
Finished Area
7112
Number of Kitchen
Gross Living Area
16094
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$8,376,300.00
Total value
$11,244,700.00
Building value
$2,868,400.00
Estimated tax
$59,596.00
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 38 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $7,733.41 Style Store Age 1974 Rooms Bedrooms 1 Full baths 3 Half baths Gross Living Area 16094 Heating Fuel Hot Water Detached Garage Lot Size 0.14 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,868,400.00 AEM Value - Land $8,376,300.00 AEM Value - Other $0.00 AEM Value - Total $11,244,700.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Main Street 6/22/2005 $55,000,000 0 Store 7,112 0.14 1 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
  • 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
@ 38 Main Street 6/22/2005 $55,000,000 0 Store 7,112 0.14 1 3- -
  Criteria
A 46 Main Street 5/14/1998 $0 0.0 Store 555 0.02 0 2-
B 48 Main Street 3/1/1999 $0 0.0 Store 2,320 0.03 0 2-
C 34 Main Street 6/22/2005 $55,000,000 0.0 Store 8,033 0.1 0 2-
D 50 Main Street 2/4/1999 $2,250,000 0.0 Store 2,360 0.03 0 2-
E 2 Orange Street 1/21/2014 $10,730,000 0.0 Finan Inst. 2,533 0.07 0 2-
F 54 Main Street 1/4/2008 $3,200,000 0.0 Store 1,680 0.03 0 3-
G 32 Main Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 5,498 0.07 3 6-
H 6 Orange Street $0 0.0 Antique 5,483 0.37 4 3-
I 3 Union Street $0 0.0 Telephone Bldg 5,265 0.37 0 2-
J 33 Main Street 10/26/2012 $4,500,000 0.0 Store 3,150 0.03 1 2-
K 35 Main Street 12/20/2012 $3,600,000 0.0 Aptovrret/Off 2,750 0.04 2 2-
L 37 Main Street 4/30/1998 $2,000,000 0.0 Office Bldg 2,384 0.03 0 2-
M 41 Main Street 12/28/2006 $0 0.0 Restaurant 3,450 0.04 0 3-
N 45 Main Street 6/1/1984 $400,000 0.0 Store 2,770 0.04 0 2-
O 30 Main Street $0 0.0 Fraternal Lodge 7,533 0.09 0 2-
P 47 Main Street 10/10/2007 $4,500,000 0.0 Store 3,570 0.03 0 2-
Q 31 Main Street 2/14/2007 $0 0.0 Store 7,138 0.08 0 2-
R 51 Main Street 11/13/2015 $3,700,000 0.0 Store 2,852 0.03 0 2-
S 8 Orange Street $0 0.0 Antique 2,420 0.05 4 2-
T 5 Orange Street 5/25/2021 $4,451,000 0.0 Antique 5,332 0.21 5 5-1
U 60 Main Street $0 0.0 Store 3,653 0.05 0 2-
V 53 Main Street 2/4/2021 $4,000,000 0.0 Office Bldg 4,017 0.04 0 2-
W 10 Orange Street 5/29/2014 $5,150,000 0.0 Antique 4,531 0.15 5 6-1
X 1 Stone AL 12/16/1999 $0 0.0 Family Conver. 3,627 0.13 5 2-
Y 4 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,197 0.03 0 2-
Z 57 Main Street $125,000 0.0 Office Bldg 3,250 0.04 0 1-
- 23 Main Street 10/27/2016 $0 0.0 Store 1,536 0.04 0 1-
- 47-R Main Street 11/13/2015 $3,700,000 0.0 Vacant Land 0.07 -
- 7 Union Street 3/24/1998 $910,000 0.0 B+B/Inn 5,919 0.19 14 9-
- 3 Federal Street $0 0.0 Churches 4,615 0.13 0 2-
- 2 Union Street 10/29/2019 $2,850,000 0.0 Store 2,788 0.04 0 2-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 9 Orange Street 9/6/2023 $1,875,000 0.1 Antique 1,969 0.06 4 2-
- 4 Fair Street 8/31/1990 $0 0.1 Family Conver. 3,064 0.07 5 4-
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 2 Stone AL 11/2/2012 $1,600,000 0.1 Antique 997 0.17 2 1-1
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 6 Fair Street 5/26/2023 $2,500,010 0.1 Bungalow 1,291 0.06 3 2-1
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 11 Orange Street $0 0.1 Churches 6,916 0.15 0 2-
- 12 Orange Street 11/6/2009 $4,250,000 0.1 Antique 3,529 0.1 6 4-1
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 8 Fair Street 12/18/2019 $0 0.1 Antique 3,954 0.1 4 4-1
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 0 Fair Street 1/22/2008 $1,400,000 0.1 Vacant Land 0.07 -
- 13 Orange Street 2/2/2015 $407,007 0.1 Antique 3,390 0.14 6 3-1
- 11 Union Street 4/6/2018 $2,222,000 0.1 Antique 2,008 0.05 4 4-1
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 10 Fair Street $0 0.1 Antique 2,071 0.09 3 2-
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 14-R Orange Street 9/26/2002 $2,850,000 0.1 Antique 3,363 0.18 4 4-1
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 14 Orange Street 12/21/2021 $0 0.1 Mansion 3,232 0.11 5 4-1
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 15 Orange Street 12/5/2022 $0 0.1 Town House 3,249 0.05 5 3-1
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 11 Washington Street 6/3/2021 $3,400,000 0.1 Aptovrret/Off 2,662 0.07 1 1-1
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 10 Washington Street 7/22/2022 $4,750,000 0.1 Store 2,040 0.12 3-
- 17 Orange Street 10/21/2022 $2,300,000 0.1 Town House 3,350 0.05 5 3-
- 16 Orange Street 9/6/2017 $6,400,000 0.1 Antique 4,110 0.11 5 3-4
- 3 Fair Street 11/10/2020 $6,150,000 0.1 Colonial 7,286 0.16 5 4-2
- 14 Fair Street $0 0.1 Antique 4,484 0.25 4 5-1
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 12 Washington Street 7/22/2022 $4,750,000 0.1 Vacant Land 0.1 -
- 19 Orange Street 10/7/2020 $2,500,000 0.1 Town House 2,600 0.05 5 4-
- 15 Washington Street 12/15/2020 $1,700,000 0.1 Store 1,136 0.07 0 0-
- 13 Union Street 10/1/2018 $1,700,000 0.1 Antique 4,890 0.11 5 6-1
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 10 Union Street 9/4/2020 $3,850,000 0.1 Antique 2,737 0.28 5 4-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 5 Fair Street 9/10/2010 $5,500,000 0.1 Antique 6,154 0.12 6 7-1
- 72 Main Street 6/16/2016 $7,350,000 0.1 Antique 6,804 0.26 6 6-2
- 69 Main Street $0 0.1 Mansion 5,864 0.22 5 5-1
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 21 Orange Street 9/28/2022 $3,770,000 0.1 Town House 3,226 0.05 5 3-1
- 18 Orange Street 2/21/2012 $5,500,000 0.1 Antique 3,218 0.24 5 3-2
- 17 Washington Street 2/16/2016 $800,000 0.1 Antique 1,456 0.05 3 1-1
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 7 Fair Street $0 0.1 Museum 5,154 0.11 0 1-
- 7 Salem Street 12/8/2020 $8,159,800 0.1 Store 4,103 0.13 2 1-1
- 5 Coffin Street 10/23/2009 $0 0.1 Vacant Land 0.03 -
- 74 Main Street 9/6/2001 $0 0.1 Conventional 2,595 0.13 4 2-1
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 16 Fair Street $0 0.1 Churches 5,459 0.2 0 2-
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 17-A Washington Street 10/17/2005 $1,400,000 0.1 Cottage 543 0.07 1 1-
- 1 Rays Court 11/20/1997 $590,000 0.1 Colonial 1,299 0.04 3 2-
- 14 Union Street 5/7/2021 $1,408,000 0.1 Antique 2,264 0.09 5 2-
- 15 Union Street 10/13/2022 $0 0.1 Antique 2,821 0.08 4 4-1
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 20 Orange Street 12/5/2020 $5,495,000 0.1 Antique 3,019 0.18 3 5-1
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 19 Washington Street 2/27/1996 $170,000 0.1 Store 1,850 0.03 0 0-
- 25 Orange Street 11/1/2016 $5,300,000 0.1 Antique 4,781 0.1 7 5-2
- 5 Candle Street $0 0.1 Light Indust 6,624 0.44 0 2-
- 9 Fair Street 10/31/2006 $4,652,000 0.1 Antique 4,460 0.15 5 5-1
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 4 Liberty Street $0 0.1 Antique 2,507 0.07 5 2-
- 73 Main Street 11/18/2013 $0 0.1 Antique 2,536 0.1 5 4-1
- 16 Union Street 9/27/2022 $0 0.1 Antique 2,815 0.1 4 3-1
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 3 Rays Court 11/20/1997 $590,000 0.1 Colonial 1,373 0.06 3 2-
- 9 Salem Street-Lot 229 12/8/2020 $8,159,800 0.1 Vacant Land 0.06 -
- 0 Straight Wharf 12/8/2020 $151,000 0.1 Vacant Land 0.09 -
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 18 Fair Street $0 0.1 Vacant Land 0.09 -
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 9 Coffin Street 11/26/2019 $750,000 0.1 Bungalow 1,151 0.19 1 1-
- 17 Union Street 8/31/1984 $600,000 0.1 Antique 3,166 0.07 4 2-1
- 76 Main Street 5/1/2012 $3,500,000 0.1 B+B/Inn 4,843 0.26 13 14-1
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 22 Orange Street 1/17/2019 $5,195,000 0.1 Antique 3,662 0.12 5 5-1
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 3 Coffin Street $82,800 0.1 Colonial 1,380 0.03 4 2-
- 1 Judith Chase Lane 5/20/2021 $0 0.1 Custom Built 3,929 0.13 6 5-1
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 18 Union Street 12/6/2016 $3,835,000 0.1 Antique 3,060 0.1 6 6-
- 16-R Fair Street $0 0.1 Vacant Land 0.06 -
- 21 Washington Street $0 0.1 Clubs/Lodges 7,084 0.12 0 2-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 1 Candle Street $0 0.1 Vacant Land 0.2 -
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 5 Rays Court 6/3/2003 $0 0.1 Colonial 3,120 0.07 5 9-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 29 Orange Street-Lot 69 6/28/2013 $3,125,000 0.1 Vacant Land 0.01 -
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 7 Coffin Street 3/25/2020 $1,650,000 0.1 Colonial 2,268 0.12 2 2-1
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 26 Orange Street 1/15/2009 $5,750,000 0.1 Antique 3,470 0.21 4 5-1
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 4 Rays Court 7/10/2020 $3,226,000 0.1 Antique 1,851 0.23 5 2-1
- 19 Union Street 8/16/2021 $0 0.1 Antique 4,104 0.12 5 4-3
- 20 Fair Street-Lot 66 12/15/2016 $867,000 0.1 Antique 960 0.03 2 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-
- 9 Liberty Street 7/30/2018 $3,350,000 0.1 Antique 2,345 0.09 5 3-1
- 75 Main Street 11/5/2010 $5,150,000 0.1 Mansion 4,692 0.32 5 2-
- 6 Commercial Street $0 0.1 Vacant Land 0.16 -
- 2 Commercial Street-Lot 94 $0 0.1 Vacant Land 0.01 -
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 23 Washington Street 8/4/1986 $0 0.1 Restaurant 3,632 0.11 0 2-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 11 Rose Lane 10/6/2009 $0 0.1 Cape Cod 1,746 0.17 3 2-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 31 Orange Street 12/19/2007 $0 0.1 Antique 3,227 0.11 4 4-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 78 Main Street 11/3/2009 $0 0.1 Mansion 5,064 0.43 5 4-1
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
Averages 5006 days $6,461,157 0.08 --- 3,147 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 189 38 Main Street