8 Galen Avenue, Nantucket, MA 02554

Owner Information
Owner 1
John Redett & Suzana I
Owner 2
Owner's Address
9 Ridgeview Ave Greenwich, CT 06830
Market Sale Information
Most recent sale date
7/15/2021
Previous sale date
04/09/2018
Transfer document #
C28390-
Previous transfer document
C0026859-0
Grantor
James J Scavo
Previous grantor
On Land Investments LLC
Most recent sale price
$4,540,000.00
Previous sale price
$0.00
Site Information
Property ID
29-113
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Custom Built
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1975
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2943
Number of Kitchen
1
Gross Living Area
4014
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,231,700.00
Total value
$5,268,300.00
Building value
$3,036,600.00
Estimated tax
$16,489.00
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 8 Galen Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,542.64 Style Custom Built Age 1975 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 4014 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $3,036,600.00 AEM Value - Land $2,231,700.00 AEM Value - Other $0.00 AEM Value - Total $5,268,300.00
A) 24 Walsh Street 0.0 9/6/2024 $6,350,000 2,758 2.5 $2302.39 Antique 1840 5 5 1 3742 Forced Air-Duc 0.11 Wood Shingle $2,136,900 $2,197,500 $0 $4,334,400
B) 20 West Chester Street 0.3 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
C) 25 Union Street 0.7 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
D) 1 Farmer Street 0.7 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
E) 45 Fair Street 0.7 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
F) 6 West Dover Street 0.9 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
G) 101 Orange Street 0.9 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Galen Avenue 7/15/2021 $4,540,000 0 Custom Built 2,943 0.16 4 4-1 -
  Criteria
A 24 Walsh Street 9/6/2024 $6,350,000 0.0 Antique 2,758 0.11 5 5-1
B 20 West Chester Street 6/17/2024 $6,995,000 0.3 Custom Built 3,287 0.28 4 4-2
C 25 Union Street 8/19/2024 $2,365,000 0.7 Antique 3,537 0.14 5 2-1
D 1 Farmer Street 5/10/2024 $3,600,000 0.7 Antique 2,430 0.06 3 3-1
E 45 Fair Street 5/8/2024 $4,800,000 0.7 Custom Built 2,854 0.07 4 4-1
F 6 West Dover Street 7/18/2024 $2,130,000 0.9 Antique 2,321 0.14 4 1-
G 101 Orange Street 9/9/2024 $3,150,000 0.9 Antique 2,533 0.19 4 3-1
Averages 78 days $4,198,571 0.61 --- 2,817 0.14 --- ---  

Estimation of Market Value - $5,200,863

As of today, 09/28/2024, the estimated market value of 8 Galen Avenue, Nantucket considering the above 7 comparable properties is $5,200,863.

 

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
@ 8 Galen Avenue 7/15/2021 $4,540,000 0 Custom Built 2,943 0.16 4 4-1 -
  Criteria
A 4 Galen Avenue 8/18/2010 $1,215,000 0.0 Cape Cod 1,483 0.12 3 2-1
B 10 Galen Avenue 3/14/1997 $0 0.0 Colonial 2,270 0.14 3 2-1
C 7 East Lincoln Avenue 8/13/2020 $2,183,250 0.0 Custom Built 3,768 0.2 4 5-1
D 11 East Lincoln Avenue 11/13/2020 $2,800,000 0.0 Cape Cod 2,489 0.1 5 4-
E 5 East Lincoln Avenue 9/14/2022 $3,495,000 0.0 Ranch 1,484 0.14 4 3-1
F 1 Galen Avenue 11/24/2020 $2,795,000 0.0 Custom Built 1,584 0.05 3 3-
G 12 Galen Avenue 4/14/2023 $5,800,000 0.0 Custom Built 4,055 0.23 6 5-1
H 3 Galen Avenue 10/18/2012 $1,400,000 0.0 Ranch 1,106 0.11 3 2-
I 13 East Lincoln Avenue 9/15/2005 $945,000 0.0 Cottage 396 0.05 2 1-
J 5 Galen Avenue 12/29/2016 $0 0.0 Colonial 1,476 0.11 4 3-1
K 22 Walsh Street 8/13/2014 $0 0.0 Bungalow 580 0.11 1 1-
L 24 Walsh Street 9/6/2024 $6,350,000 0.0 Antique 2,758 0.11 5 5-1
M 20 Walsh Street 8/5/2021 $0 0.0 Custom Built 3,222 0.14 5 5-
N 3 East Lincoln Avenue 9/25/2013 $1,475,000 0.0 Ranch 1,397 0.08 3 1-2
O 17 East Lincoln Avenue 5/28/2015 $2,500 0.0 Conventional 1,335 0.19 5 2-1
P 9 Galen Avenue $0 0.0 Vacant Land 0.56 -
Q 30 Walsh Street 5/26/2022 $0 0.0 Ranch 1,524 0.18 3 2-
R 10 East Lincoln Avenue 6/11/2018 $0 0.0 Custom Built 2,539 0.11 4 3-1
S 6 East Lincoln Avenue 10/7/1999 $0 0.0 Conventional 1,659 0.17 4 2-
T 12 East Lincoln Avenue 6/11/2018 $100 0.0 Custom Built 2,482 0.11 4 4-1
U 1 East Lincoln Avenue 5/27/2021 $1,975,000 0.0 Cape Cod 1,730 0.09 4 3-
V 14 East Lincoln Avenue 10/15/2021 $0 0.0 Colonial 2,036 0.12 4 3-1
W 30 Walsh Street-Lot 110 5/26/2022 $0 0.0 Vacant Land 0.24 -
X 27 Walsh Street 2/6/1998 $675,000 0.0 Ranch 2,054 0.11 4 3-
Y 16 Galen Avenue 1/27/1989 $280,000 0.0 Colonial 2,132 0.16 4 3-1
Z 19 East Lincoln Avenue 3/24/2016 $2,838,000 0.1 Colonial 2,419 0.14 4 3-
- 16 East Lincoln Avenue 9/29/2016 $0 0.1 Cape Cod 1,580 0.12 3 2-1
- 29 Walsh Street 9/6/2018 $2,600,000 0.1 Cape Cod 1,964 0.18 3 3-
- 11 Galen Avenue 7/1/1988 $2,500 0.1 Vacant Land 0.16 -
- 35 Walsh Street 8/31/2017 $0 0.1 Condominium 1,404 0 2 1-1
- 25 Walsh Street 9/6/2018 $2,915,000 0.1 Cape Cod 1,801 0.12 4 3-1
- 21 East Lincoln Avenue 1/29/2001 $0 0.1 Conventional 1,786 0.09 4 2-
- 22 Willard Street 11/19/2012 $1,120,000 0.1 Cape Cod 980 0.05 2 2-1
- 23 Walsh Street 2/2/2024 $4,937,500 0.1 Colonial 1,774 0.12 4 4-1
- 20 Willard Street 6/30/2020 $0 0.1 Cape Cod 991 0.04 3 2-
- 16 Walsh Street 8/21/2024 $287,500 0.1 Colonial 4,133 0.28 7 4-1
- 32 Walsh Street 9/30/2022 $0 0.1 Colonial 3,542 0.26 4 4-1
- 11 Swain Street 11/4/2022 $0 0.1 Ranch 1,340 0.11 3 2-1
- 9 Swain Street 5/22/2017 $1,800,000 0.1 Custom Built 2,675 0.11 6 6-1
- 26 Willard Street 9/4/2018 $2,575,000 0.1 Condominium 1,384 0 3 3-
- 28 Willard Street 9/27/2019 $3,200,000 0.1 Condominium 1,808 0 3 3-1
- 7 Swain Street 1/29/2021 $0 0.1 Custom Built 2,752 0.11 4 3-1
- 21 Walsh Street 4/28/2017 $3,750,000 0.1 Cape Cod 2,250 0.14 5 4-1
- 34 Walsh Street 10/30/2020 $4,550,000 0.1 Custom Built 2,605 0.17 6 5-1
- 34-A Walsh Street 10/29/2015 $2,500 0.1 Colonial 960 0.16 2 1-1
- 3 Swain Street 11/20/2020 $1,850,000 0.1 Bungalow 910 0.12 2 1-
- 17 Walsh Street 6/15/2015 $3,237,500 0.1 Colonial 2,734 0.12 4 3-1
- 13 Cornish Court 3/9/2020 $0 0.1 Vacant Land 0.18 -
- 25 East Lincoln Avenue 7/24/2006 $0 0.1 Conventional 1,927 0.13 4 3-
- 20 East Lincoln Avenue 1/29/2001 $0 0.1 Conventional 1,278 0.67 4 1-1
- 36 Walsh Street 8/5/2020 $2,095,000 0.1 Colonial 1,343 0.07 4 2-1
- 34-B Walsh Street 7/24/2015 $2,500 0.1 Cape Cod 2,249 0.17 3 2-1
- 1 Swain Street $0 0.1 Conventional 1,478 0.1 3 2-
- 37 Walsh Street 12/21/2020 $0 0.1 Vacant Land 0.29 -
- 16 Willard Street 3/10/2023 $4,900,000 0.1 Colonial 2,810 0.12 4 3-1
- 25 Willard Street 9/17/2024 $5,650,000 0.1 Conventional 1,993 0.46 5 5-1
- 24 East Lincoln Avenue 8/15/2022 $0 0.1 Cape Cod 2,014 0.12 3 2-1
- 38 Walsh Street 9/1/2020 $2,550,000 0.1 Custom Built 1,491 0.08 4 2-1
- 1 Henry Street 12/21/2020 $0 0.1 Colonial 4,618 0.24 5 4-1
- 15 Walsh Street 10/5/2012 $3,387,500 0.1 Colonial 3,411 0.15 5 4-1
- 23 North Beach Street 1/21/2016 $0 0.1 Colonial 1,600 0.1 2 3-
- 27 East Lincoln Avenue 12/26/2021 $0 0.1 Ranch 1,400 0.17 2 2-
- 30 Willard Street 12/19/2008 $0 0.1 Colonial 2,655 0.47 6 3-
- 40 Walsh Street 1/4/2024 $2,900,000 0.1 Colonial 1,816 0.07 5 2-
- 8 Swain Street 8/16/2022 $3,195,000 0.1 Cape Cod 2,128 0.14 5 5-
- 21 Willard Street 3/11/2020 $0 0.1 Ranch 1,874 0.47 3 3-
- 14 Willard Street 10/5/2012 $3,387,500 0.1 Vacant Land 0.01 -
- 45 Walsh Street 11/24/1997 $0 0.1 Conventional 1,353 0.22 4 1-1
- 14 Swain Street 6/11/1998 $19,804,730 0.1 Dormitory 2,552 0.43 0 3-
- 10 Walsh Street 10/7/2011 $1,816,000 0.1 Colonial 1,800 0.12 4 3-
- 25 North Beach Street 11/30/2021 $2,848,000 0.1 Ranch 1,150 0.09 4 1-1
- 13 Walsh Street 1/9/2018 $0 0.1 Colonial 3,024 0.14 4 5-1
- 15 North Beach Street 6/18/2004 $2,000,000 0.1 Store 2,738 0.41 0 0-
- 6 Swain Street 12/3/2015 $1,950,000 0.1 Colonial 1,568 0.26 4 2-
- 47 Walsh Street 5/9/2022 $0 0.1 Colonial 2,240 0.19 3 3-2
- 12 Willard Street 10/12/2023 $3,550,000 0.1 Colonial 2,774 0.11 5 5-1
- 32 Hulbert Avenue 11/1/2021 $9,100,000 0.1 Vacant Land 0.5 -
- 34 Hulbert Avenue 10/16/2007 $0 0.1 Colonial 2,654 0.18 5 3-1
- 4 Swain Street 3/11/2014 $1,720,000 0.1 Colonial 2,151 0.21 4 3-1
- 36 Hulbert Avenue 12/19/2011 $0 0.1 Colonial 2,566 0.15 5 4-
- 42 Walsh Street 12/13/2011 $0 0.1 Conventional 2,535 0.16 5 3-1
- 22 Brant Point Road 8/29/2007 $4,495,000 0.1 Colonial 3,659 1.09 5 3-1
- 38 Hulbert Avenue 11/4/2020 $6,000,000 0.1 Antique 2,216 0.2 5 3-
- 29 East Lincoln Avenue 1/29/2021 $0 0.1 Ranch 1,191 0.12 3 2-
- 7 Sandy Drive 6/22/2006 $0 0.1 Modern/Contemp 1,448 0.79 3 2-
- 9 North Beach Street 11/29/2011 $672,500 0.1 Colonial 1,988 0.07 3 2-1
- 8 Walsh Street 7/17/2023 $5,658,750 0.1 Colonial 2,766 0.23 5 5-1
- 20 Brant Point Road 2/27/1989 $0 0.1 Custom Built 4,402 0.96 4 4-
- 15 Willard Street 3/11/2020 $0 0.1 Colonial 1,708 0.24 4 2-1
- 10 Willard Street 1/9/2018 $0 0.1 Vacant Land 0.01 -
- 51 Walsh Street 10/16/2008 $2,800,000 0.1 Colonial 3,752 0.17 5 5-
- 42 Hulbert Avenue 7/12/2000 $0 0.1 Colonial 3,409 0.22 6 5-
- 32-B Hulbert Avenue 9/11/2009 $0 0.1 Colonial 2,368 0.49 4 4-
- 5 Cornish Street 5/13/2011 $1,316,000 0.1 Cape Cod 1,490 0.1 3 2-
- 7 North Beach Street 6/8/2010 $1,130,000 0.1 Colonial 2,102 0.1 4 3-1
- 18 Brant Point Road 1/17/1997 $817,500 0.1 Colonial 3,229 0.89 6 4-1
- 48 Hulbert Avenue 5/9/2022 $0 0.1 Colonial 2,852 0.2 4 4-
- 12 North Beach Street 2/16/2022 $0 0.1 Colonial 2,011 0.13 3 3-1
- 7 Walsh Street 10/14/2022 $6,300,000 0.1 Custom Built 2,981 0.13 5 6-1
- 5 North Beach Street 5/16/2022 $2,425,000 0.1 Guest Quarters 850 0.07 2 2-
- 1 James Street 6/3/2022 $10,950,000 0.1 Custom Built 5,254 0.19 5 6-1
- 5 Sandy Drive 6/29/2021 $5,995,000 0.1 Vacant Land 0.35 -
- 27 North Beach Street 9/17/2024 $3,900,000 0.1 Cape Cod 1,224 0.2 3 2-
- 3 Cornish Street 9/24/2008 $2,295,000 0.1 Cape Cod 2,739 0.12 5 4-1
- 1 Sylvia Lane 10/8/2013 $0 0.1 Ranch 1,639 0.23 3 3-
- 20 North Beach Street 5/3/2012 $1,800,000 0.1 Colonial 2,970 0.15 4 4-1
- 14 North Beach Street 12/3/2012 $0 0.1 Colonial 2,609 0.19 4 4-1
- 50 Hulbert Avenue 1/11/2021 $0 0.1 Conventional 2,480 0.17 5 4-
- 18 North Beach Street 9/24/2003 $1,495,100 0.1 Colonial 2,517 0.18 4 4-1
- 6 Walsh Street 12/31/2007 $4,200,000 0.1 Colonial 1,853 0.24 4 1-3
- 16 North Beach Street 9/19/2014 $2,112,500 0.1 Colonial 2,036 0.21 4 3-
- 46 Walsh Street 6/27/2019 $2,250,000 0.1 Colonial 1,888 0.12 3 3-1
Averages 3478 days $1,826,115 0.08 --- 2,002 0.2 --- ---  
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
29 113 8 Galen Avenue