5 Center Street, Nantucket, MA 02554

5 Center Street Nantucket MA 02554
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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
02/25/1987
Transfer document #
C0021819-
Previous transfer document
C0012-0975
Grantor
Walter R Hess
Previous grantor
Most recent sale price
$55,000,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-222
Lot Size
0.01
Use Code
322 - Discount and Department Stores
Zoning
CDT
Building Style
Commercial
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1847
Number of full baths
0
Condition
Number of half baths
Finished Area
570
Number of Kitchen
Gross Living Area
570
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Wood Frame
Air Condition (%)
Sidings
Stucco/Masonry
Assessment Information
Fiscal Year
2024
Land Value
$989,000.00
Total value
$1,264,200.00
Building value
$275,200.00
Estimated tax
$6,700.00
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 5 Center Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $96,491.23 Style Commercial Age 1847 Rooms Bedrooms 0 Full baths 0 Half baths Gross Living Area 570 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.01 Roof Cover Asph/F Gls/Cmp AEM Value - Building $275,200.00 AEM Value - Land $989,000.00 AEM Value - Other $0.00 AEM Value - Total $1,264,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Center Street 6/22/2005 $55,000,000 0 Commercial 570 0.01 0 0- -
  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
@ 5 Center Street 6/22/2005 $55,000,000 0 Commercial 570 0.01 0 0- -
  Criteria
A 57 Main Street $125,000 0.0 Office Bldg 3,250 0.04 0 1-
B 53 Main Street 2/4/2021 $4,000,000 0.0 Office Bldg 4,017 0.04 0 2-
C 7 Center Street 9/18/2008 $0 0.0 Retail Condo 920 0 0 2-
D 51 Main Street 11/13/2015 $3,700,000 0.0 Store 2,852 0.03 0 2-
E 47-R Main Street 11/13/2015 $3,700,000 0.0 Vacant Land 0.07 -
F 47 Main Street 10/10/2007 $4,500,000 0.0 Store 3,570 0.03 0 2-
G 14 Center Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 4,689 0.05 0 2-
H 45 Main Street 6/1/1984 $400,000 0.0 Store 2,770 0.04 0 2-
I 2 Center Street 7/28/2023 $2,850,000 0.0 Churches 8,020 0.19 0 2-
J 41 Main Street 12/28/2006 $0 0.0 Restaurant 3,450 0.04 0 3-
K 65 Main Street 11/24/1997 $0 0.0 Finan Inst. 8,380 0.12 0 2-
L 25 Center Street 6/22/2005 $55,000,000 0.0 Store 2,779 0.11 0 2-
M 4 India Street 12/30/2008 $0 0.0 Store 4,575 0.05 3 2-
N 37 Main Street 4/30/1998 $2,000,000 0.0 Office Bldg 2,384 0.03 0 2-
O 20 Center Street 6/22/2005 $55,000,000 0.0 B+B/Inn 4,425 0.13 9 6-
P 4 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,197 0.03 0 2-
Q 2 India Street $0 0.0 Aptovrret/Off 2,663 0.06 2 3-
R 8 Federal Street 7/1/1985 $0 0.0 Office Bldg 1,666 0.07 0 2-
S 35 Main Street 12/20/2012 $3,600,000 0.0 Aptovrret/Off 2,750 0.04 2 2-
T 22 Center Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 5,312 0.07 0 3-
U 33 Main Street 10/26/2012 $4,500,000 0.0 Store 3,150 0.03 1 2-
V 10 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,990 0.07 0 2-
W 3 Rose Lane 6/12/1992 $255,000 0.0 Ranch 1,296 0.1 3 2-
X 54 Main Street 1/4/2008 $3,200,000 0.0 Store 1,680 0.03 0 3-
Y 1 Liberty Street 7/17/1991 $0 0.0 Antique 2,941 0.08 4 2-
Z 60 Main Street $0 0.0 Store 3,653 0.05 0 2-
- 28 Center Street 1/4/2012 $0 0.0 Aptovrret/Off 3,889 0.05 0 3-
- 50 Main Street 2/4/1999 $2,250,000 0.0 Store 2,360 0.03 0 2-
- 62 Main Street $0 0.0 Store 3,215 0.07 0 2-
- 48 Main Street 3/1/1999 $0 0.0 Store 2,320 0.03 0 2-
- 10 India Street 5/25/2023 $2,800,000 0.0 Aptovrret/Off 1,392 0.03 0 3-
- 46 Main Street 5/14/1998 $0 0.0 Store 555 0.02 0 2-
- 9 India Street 8/16/2019 $3,700,000 0.0 Restaurant 3,067 0.07 5 3-
- 7 India Street 2/8/2008 $0 0.0 Aptovrret/Off 1,675 0.06 4 3-
- 12 India Street 1/12/1996 $882,500 0.0 Antique 2,930 0.12 4 3-1
- 5 India Street 10/2/2014 $0 0.0 Store 1,933 0.06 0 2-
- 2 Orange Street 1/21/2014 $10,730,000 0.0 Finan Inst. 2,533 0.07 0 2-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 69 Main Street $0 0.1 Mansion 5,864 0.22 5 5-1
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 0 Fair Street 1/22/2008 $1,400,000 0.1 Vacant Land 0.07 -
- 4 Fair Street 8/31/1990 $0 0.1 Family Conver. 3,064 0.07 5 4-
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 5 Orange Street 5/25/2021 $4,451,000 0.1 Antique 5,332 0.21 5 5-1
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 6 Fair Street 5/26/2023 $2,500,010 0.1 Bungalow 1,291 0.06 3 2-1
- 4 Liberty Street $0 0.1 Antique 2,507 0.07 5 2-
- 72 Main Street 6/16/2016 $7,350,000 0.1 Antique 6,804 0.26 6 6-2
- 6 Orange Street $0 0.1 Antique 5,483 0.37 4 3-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 73 Main Street 11/18/2013 $0 0.1 Antique 2,536 0.1 5 4-1
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 3 Fair Street 11/10/2020 $6,150,000 0.1 Colonial 7,286 0.16 5 4-2
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 8 Fair Street 12/18/2019 $0 0.1 Antique 3,954 0.1 4 4-1
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 9 Orange Street 9/6/2023 $1,875,000 0.1 Antique 1,969 0.06 4 2-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 9 Liberty Street 7/30/2018 $3,350,000 0.1 Antique 2,345 0.09 5 3-1
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 11 Rose Lane 10/6/2009 $0 0.1 Cape Cod 1,746 0.17 3 2-
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 74 Main Street 9/6/2001 $0 0.1 Conventional 2,595 0.13 4 2-1
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 8 Orange Street $0 0.1 Antique 2,420 0.05 4 2-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 5 Fair Street 9/10/2010 $5,500,000 0.1 Antique 6,154 0.12 6 7-1
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 10 Fair Street $0 0.1 Antique 2,071 0.09 3 2-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 11 Orange Street $0 0.1 Churches 6,916 0.15 0 2-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 75 Main Street 11/5/2010 $5,150,000 0.1 Mansion 4,692 0.32 5 2-
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 10 Orange Street 5/29/2014 $5,150,000 0.1 Antique 4,531 0.15 5 6-1
- 76 Main Street 5/1/2012 $3,500,000 0.1 B+B/Inn 4,843 0.26 13 14-1
- 11 Liberty Street 3/13/2019 $2,195,000 0.1 Antique 1,292 0.09 2 2-1
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 20 India Street 7/7/2020 $0 0.1 Antique 3,170 0.26 5 6-1
- 1 Rays Court 11/20/1997 $590,000 0.1 Colonial 1,299 0.04 3 2-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 1 Stone AL 12/16/1999 $0 0.1 Family Conver. 3,627 0.13 5 2-
- 7 Fair Street $0 0.1 Museum 5,154 0.11 0 1-
- 3 Rays Court 11/20/1997 $590,000 0.1 Colonial 1,373 0.06 3 2-
- 13 Orange Street 2/2/2015 $407,007 0.1 Antique 3,390 0.14 6 3-1
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 14 Fair Street $0 0.1 Antique 4,484 0.25 4 5-1
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 12 Orange Street 11/6/2009 $4,250,000 0.1 Antique 3,529 0.1 6 4-1
- 15 Liberty Street 10/15/2009 $0 0.1 Antique 2,664 0.07 5 2-1
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 15 Rose Lane 4/6/1995 $0 0.1 Vacant Land 0.09 -
- 77 Main Street 5/7/2010 $6,000,000 0.1 Antique 6,965 0.2 5 5-2
- 7 Union Street 3/24/1998 $910,000 0.1 B+B/Inn 5,919 0.19 14 9-
- 5 Rays Court 6/3/2003 $0 0.1 Colonial 3,120 0.07 5 9-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 15 Orange Street 12/5/2022 $0 0.1 Town House 3,249 0.05 5 3-1
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 24 India Street 7/26/2005 $0 0.1 Colonial 2,067 0.19 3 2-1
- 2 Stone AL 11/2/2012 $1,600,000 0.1 Antique 997 0.17 2 1-1
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 78 Main Street 11/3/2009 $0 0.1 Mansion 5,064 0.43 5 4-1
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 17 Orange Street 10/21/2022 $2,300,000 0.1 Town House 3,350 0.05 5 3-
- 9 Fair Street 10/31/2006 $4,652,000 0.1 Antique 4,460 0.15 5 5-1
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 14 Orange Street 12/21/2021 $0 0.1 Mansion 3,232 0.11 5 4-1
- 9 Union Street 7/15/2021 $5,100,000 0.1 Antique 3,378 0.08 5 4-2
- 6 Union Street 3/10/1999 $1,650,000 0.1 Aptovrret/Off 6,608 0.18 5 9-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 17 Liberty Street 12/29/2005 $0 0.1 Antique 2,950 0.13 4 2-1
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 1 Judith Chase Lane 5/20/2021 $0 0.1 Custom Built 3,929 0.13 6 5-1
- 19 Orange Street 10/7/2020 $2,500,000 0.1 Town House 2,600 0.05 5 4-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 10 Hussey Street 4/15/2021 $4,066,666 0.1 B+B/Inn 4,681 0.08 5 9-
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
- 4 Rays Court 7/10/2020 $3,226,000 0.1 Antique 1,851 0.23 5 2-1
- 12 Liberty Street $0 0.1 Antique 2,270 0.09 4 2-1
- 14-R Orange Street 9/26/2002 $2,850,000 0.1 Antique 3,363 0.18 4 4-1
- 16 Fair Street $0 0.1 Churches 5,459 0.2 0 2-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 6 Walnut Lane 3/5/2009 $0 0.1 Antique 919 0.05 2 1-1
- 21 Orange Street 9/28/2022 $3,770,000 0.1 Town House 3,226 0.05 5 3-1
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 27 India Street 11/30/2000 $1,375,000 0.1 Antique 2,379 0.11 3 3-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 11 Union Street 4/6/2018 $2,222,000 0.1 Antique 2,008 0.05 4 4-1
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 8 Walnut Lane 4/22/2021 $1,850,000 0.1 Antique 1,414 0.06 2 3-
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 9 Rays Court 5/4/2017 $1,150,000 0.1 Vacant Land 0.08 -
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 16 Orange Street 9/6/2017 $6,400,000 0.1 Antique 4,110 0.11 5 3-4
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 3 Salem Street 12/8/2020 $1,986,500 0.1 Store 2,178 0.05 0 2-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 6 Rays Court 12/6/2021 $3,925,000 0.1 Conventional 4,932 0.11 4 2-1
- 8 Union Street $0 0.1 Condominium 1,935 0 5 2-
- 8 Washington Street 12/30/1988 $0 0.1 Aptovrret/Off 4,340 0.13 2 3-
- 28 India Street 1/7/2022 $0 0.1 Antique 4,568 0.28 5 4-1
- 12 Hussey Street 12/1/2023 $4,595,000 0.1 Antique 2,801 0.09 5 2-1
- 81 Main Street 12/30/1993 $685,000 0.1 Antique 3,337 0.19 4 3-1
- 19 Liberty Street 7/28/2022 $3,900,000 0.1 Antique 3,032 0.09 5 3-1
- 18 Fair Street $0 0.1 Vacant Land 0.09 -
- 14 Liberty Street 9/18/2020 $3,500,000 0.1 Antique 3,451 0.06 6 5-1
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 82 Main Street 5/4/2017 $1,150,000 0.1 Antique 4,272 0.17 5 2-1
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
Averages 5323 days $5,879,486 0.08 --- 3,337 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 222 5 Center Street