40 Jefferson Avenue, Nantucket, MA 02554

40 Jefferson Avenue Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Fortunate Sons Development LLC
Owner 2
Owner's Address
C/O Highgarden Holdings LLC, 121 Kercheval Avenue Grosse Pointe Farm, MI 48236
Market Sale Information
Most recent sale date
9/8/2016
Previous sale date
10/01/2003
Transfer document #
C0026178-
Previous transfer document
C0014440-0
Grantor
Edwyna Mulrow
Previous grantor
Fortunate Sons Development LLC
Most recent sale price
$5,610,502.00
Previous sale price
$0.00
Site Information
Property ID
30-119
Lot Size
0.22
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
2020
Number of full baths
3
Condition
Number of half baths
3
Finished Area
2565
Number of Kitchen
Gross Living Area
3858
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$3,459,341.00
Total value
$6,347,341.00
Building value
$2,888,000.00
Estimated tax
$20,819.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
2008200920102011201220132014201520172018201920202021202220232024$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
17 Lily Street87 Main Street2 Brocks Court16 Willard Street40 Jefferson Avenue$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Jefferson Avenue A) 16 Willard StreetB) 17 Lily StreetC) 2 Brocks CourtD) 87 Main Street
Photo
Plan
Map
Proximity 0.60.70.80.9
Last Sold 10/25/20241/15/20253/14/202512/12/2024
Price $6,200,000$4,475,000$5,000,000$4,000,000
Net Living Area 2,8102,5322,6212,628
Stories 221.752.5
Sale Price/sft $2,187.33$2206.41$1767.38$1907.67$1522.07
Style ColonialColonialColonialAntiqueAntique
Age 20202004198918001830
Rooms
Bedrooms 34443
Full baths 33353
Half baths 3111
Gross Living Area 38585715383450045296
Heating Fuel Forced Air-DucForced Air-DucForced Air-DucHot WaterHot Water
Detached Garage
Lot Size 0.220.120.120.420.06
Roof Cover Wood ShingleWood ShingleAsph/F Gls/CmpWood ShingleAsph/F Gls/Cmp
AEM Value - Building $2,888,000.00$2,530,100$1,899,400$2,409,400$2,161,500
AEM Value - Land $3,459,341.00$2,229,300$1,544,300$1,576,575$1,658,000
AEM Value - Other $0.00$0$0$0$0
AEM Value - Total $6,347,341.00$4,759,400$3,443,700$3,985,975$3,819,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Jefferson Avenue 9/8/2016 $5,610,502 0 Colonial 2,565 0.22 3 3-3 -
  Criteria
A 16 Willard Street 10/25/2024 $6,200,000 0.6 Colonial 2,810 0.12 4 3-1
B 17 Lily Street 1/15/2025 $4,475,000 0.7 Colonial 2,532 0.12 4 3-1
C 2 Brocks Court 3/14/2025 $5,000,000 0.8 Antique 2,621 0.42 4 5-1
D 87 Main Street 12/12/2024 $4,000,000 0.9 Antique 2,628 0.06 3 3-
Averages 92 days $4,918,750 0.76 --- 2,648 0.18 --- ---  

Estimation of Market Value - $6,283,045

As of today, 04/02/2025, the estimated market value of 40 Jefferson Avenue, Nantucket considering the above 4 comparable properties is $6,283,045.

 

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
Subject Property0 Jefferson Avenue26 Jefferson Avenue24 Jefferson Avenue27 Jefferson Avenue21 Jefferson Avenue28 Jefferson Avenue36 Jefferson Avenue32 Jefferson Avenue1 Pawguvet Lane34 Jefferson Avenue35 Jefferson Avenue39 Jefferson Avenue3 Pawguvet Lane40 Jefferson Avenue6 Pawguvet Lane29 Jefferson Avenue13-A Lincoln Avenue20 Lincoln Avenue15 Lincoln Avenue11 Lincoln Avenue14 Lincoln Avenue13 Lincoln Avenue16 Lincoln Avenue19 Lincoln Avenue17 Lincoln Avenue23 Lincoln Avenue25 Lincoln Avenue$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000$35,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Jefferson Avenue 9/8/2016 $5,610,502 0 Colonial 2,565 0.22 3 3-3 -
  Criteria
A 36 Jefferson Avenue 9/6/2019 $0 0.0 Colonial 2,556 0.26 5 3-
B 35 Jefferson Avenue 12/31/2012 $0 0.0 Ranch 1,596 0.13 3 2-1
C 39 Jefferson Avenue 3/25/2021 $0 0.0 Ranch 1,596 0.18 3 2-
D 0 Jefferson Avenue 12/6/2011 $465,000 0.0 Vacant Land 0.18 -
E 34 Jefferson Avenue 9/6/2019 $0 0.0 Colonial 1,682 0.16 3 2-
F 29 Jefferson Avenue 1/4/2021 $0 0.0 Custom Built 2,100 0.11 3 3-1
G 19 Lincoln Avenue 3/18/1994 $2,140,000 0.0 Mansion 7,286 0.93 5 5-1
H 27 Jefferson Avenue 10/4/2011 $0 0.0 Vacant Land 0.28 -
I 32 Jefferson Avenue 9/18/2019 $4,500,000 0.1 Colonial 2,004 0.21 3 3-
J 17 Lincoln Avenue 10/29/2020 $14,875,000 0.1 Custom Built 8,324 0.59 5 8-3
K 46 Jefferson Avenue $0 0.1 Hotel 4,605 2.66 0 4-
L 98 Hulbert Avenue $0 0.1 Vacant Land 0.23 -
M 21 Jefferson Avenue 8/3/2021 $3,000,000 0.1 Colonial 2,022 0.12 4 3-
N 23 Jefferson Avenue 10/4/2011 $0 0.1 Colonial 3,667 0.22 5 6-1
O 21 Lincoln Avenue 4/15/2022 $36,000,000 0.1 Antique 4,903 1.22 8 7-2
P 41 Jefferson Avenue 11/13/2024 $26,000,000 0.1 Hotel 5,739 0.74 0 4-
Q 28 Jefferson Avenue 4/6/2022 $0 0.1 Colonial 1,654 0.26 4 2-
R 43 Jefferson Avenue 11/8/2019 $1 0.1 Cottage 484 0.55 1 1-
S 54 Jefferson Avenue 12/31/2012 $0 0.1 Restaurant 3,061 0.4 0 2-
T 3 Pawguvet Lane 3/31/2017 $3,500,000 0.1 Colonial 2,081 0.18 6 3-
U 15 Lincoln Avenue $1,105,000 0.1 Colonial 2,722 0.43 4 2-
V 1 Pawguvet Lane 9/10/1998 $0 0.1 Colonial 1,673 0.13 3 3-
W 23 Lincoln Avenue 9/24/2019 $0 0.1 Custom Built 5,678 1.19 5 4-1
X 94 Hulbert Avenue 11/30/2021 $0 0.1 Cape Cod 2,512 0.19 4 3-2
Y 26 Jefferson Avenue 7/3/2012 $0 0.1 Vacant Land 0.14 -
Z 13-A Lincoln Avenue 7/3/2012 $0 0.1 Bungalow 1,545 0.19 2 2-
- 6 Pawguvet Lane 6/4/2019 $3,900,000 0.1 Colonial 2,707 0.25 4 5-
- 24 Jefferson Avenue 7/3/2012 $0 0.1 Vacant Land 0.15 -
- 13 Lincoln Avenue 7/3/2012 $0 0.1 Custom Built 5,995 0.49 5 7-1
- 4 Pawguvet Lane 8/3/2020 $0 0.1 Colonial 2,530 0.17 4 4-1
- 25 Lincoln Avenue 8/28/2012 $18,500,000 0.1 Custom Built 5,876 0.79 5 6-2
- 92 Hulbert Avenue 12/20/2021 $0 0.1 Colonial 2,124 0.23 4 4-1
- 11 Jefferson Avenue 12/29/2000 $0 0.1 Vacant Land 0.24 -
- 20 Lincoln Avenue 10/14/2011 $5,995,000 0.1 Antique 4,172 0.18 5 5-1
- 11 Lincoln Avenue 10/16/2013 $9,550,000 0.1 Antique 4,819 0.38 6 6-1
- 16 Lincoln Avenue 9/22/2020 $15,200,000 0.1 Custom Built 6,613 0.32 6 6-2
- 14 Lincoln Avenue 1/7/2025 $21,000,000 0.1 Custom Built 6,356 0.41 4 4-3
Averages 3388 days $4,479,189 0.07 --- 2,991 0.42 --- ---  
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
30 119 40 Jefferson Avenue