17 Broad Street, Nantucket, MA 02554

17 Broad Street Nantucket MA 02554
Owner Information
Owner 1
Faros 17 Broad LLC
Owner 2
Owner's Address
100 South Commons Ste 102 Pittsburgh, PA 15212
Market Sale Information
Most recent sale date
6/27/2014
Previous sale date
Transfer document #
01440-0128
Previous transfer document
00109-0404
Grantor
Louise W Collins
Previous grantor
Most recent sale price
$2,925,000.00
Previous sale price
$0.00
Site Information
Property ID
4242-74
Lot Size
0.12
Use Code
300 - Hotels
Zoning
CDT
Building Style
Hotel
Number of Rooms
Stories
3
Number of Beds
16
Year Built
1850
Number of full baths
20
Condition
Number of half baths
Finished Area
7845
Number of Kitchen
Gross Living Area
12644
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Mansard
Heating type
Electric
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$2,219,300.00
Total value
$8,447,300.00
Building value
$6,228,000.00
Estimated tax
$44,770.00
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 17 Broad Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $372.85 Style Hotel Age 1850 Rooms Bedrooms 16 Full baths 20 Half baths Gross Living Area 12644 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Wood Shingle AEM Value - Building $6,228,000.00 AEM Value - Land $2,219,300.00 AEM Value - Other $0.00 AEM Value - Total $8,447,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 17 Broad Street 6/27/2014 $2,925,000 0 Hotel 7,845 0.12 16 20- -
  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
@ 17 Broad Street 6/27/2014 $2,925,000 0 Hotel 7,845 0.12 16 20- -
  Criteria
A 4 North Water Street 6/22/2023 $5,650,000 0.0 Aptovrret/Off 2,410 0.18 1 2-
B 19 Broad Street 5/16/2022 $5,395,540 0.0 Antique 2,416 0.08 4 3-
C 22 Federal Street 2/18/2014 $2,250,000 0.0 Restaurant 3,073 0.08 0 2-
D 21 Broad Street 6/27/2013 $3,050,000 0.0 B+B/Inn 13,685 0.18 5 7-
E 16 Broad Street $0 0.0 City/Town Hall 13,364 0.26 0 4-
F 18 Broad Street 1/6/2000 $0 0.0 Store 1,993 0.06 0 2-
G 15 Broad Street $0 0.0 Museum 29,905 0.61 0 2-
H 10 North Water Street 2/21/2017 $0 0.0 Antique 2,154 0.07 6 2-1
I 5 North Water Street 3/18/2015 $0 0.0 Theaters Encl. 6,196 0.17 0 5-
J 20 Broad Street 12/11/1997 $740,000 0.0 Restaurant 2,292 0.06 0 3-
K 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
L 2 Ash Lane 12/29/2020 $1,975,000 0.0 Antique 2,112 0.05 4 3-
M 23 Broad Street 6/30/2021 $7,888,000 0.0 Restaurant 8,232 0.23 11 5-
N 2 Ash Street 2/12/2018 $1,350,000 0.0 Antique 1,492 0.05 3 2-1
O 20 South Water Street $0 0.0 Police Station 5,153 0.3 0 2-
P 1 Chestnut Street 10/2/1998 $1,100,000 0.0 Store 3,031 0.13 0 2-
Q 22 Broad Street 12/22/1992 $472,000 0.0 Aptovrret/Off 2,806 0.06 5 3-
R 25 Broad Street 3/10/2016 $0 0.0 Aptovrret/Off 2,648 0.05 3 5-
S 4 Ash Street 3/14/2018 $0 0.0 Antique 2,964 0.07 4 4-
T 3 Whalers Lane $0 0.0 Antique 2,649 0.13 10 4-
U 7 North Water Street 3/25/2016 $1,425,000 0.0 Antique 2,398 0.11 6 3-
V 2 South Beach Street 6/28/2019 $4,150,000 0.0 Store 5,771 0.13 2 3-
W 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
X 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
Y 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
Z 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 18 Federal Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 3,084 0.05 3 3-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 2 Chestnut Street 4/16/2021 $4,100,000 0.1 B+B/Inn 5,752 0.08 8 8-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 16 Federal Street 2/26/2021 $2,597,000 0.1 Conventional 1,547 0.06 3 2-1
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 1 Sea Street $0 0.1 Other Municipa 1,088 0.11 0 4-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 15 North Water Street 7/9/2021 $0 0.1 Antique 3,768 0.13 6 6-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 6 South Beach Street 4/28/2021 $3,000,000 0.1 Aptovrret/Off 3,942 0.12 1 3-
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 8 Sea Street 7/9/2021 $0 0.1 Cottage 315 0.11 1 1-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 17 North Water Street $0 0.1 B+B/Inn 3,818 0.16 5 9-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 5-A Step Lane Unit 5A 6/16/2016 $0 0.1 Condominium 1,620 0 2 2-
- 5-B Step Lane Unit 5B 9/21/2016 $0 0.1 Condominium 1,458 0 3 3-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 5 South Beach Street 6/22/2005 $55,000,000 0.1 Store 912 0.15 0 2-
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 1 South Beach Street-Lot 11 $0 0.1 Conventional 1,638 0.92 3 3-
- 3 Quince Street 9/27/2017 $2,796,101 0.1 Antique 2,368 0.12 4 3-
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 4 Gay Street 10/23/2023 $4,450,000 0.1 Cape Cod 1,827 0.06 3 3-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 9 South Beach Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 2,028 0.11 0 2-
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 5 Quince Street 12/23/1998 $0 0.1 Antique 3,428 0.1 5 4-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 4 Academy Lane 12/31/2012 $0 0.1 Antique 2,543 0.08 5 2-1
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
Averages 5153 days $5,028,966 0.08 --- 3,481 0.12 --- ---  
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
4242 74 17 Broad Street