5 Sherburne Way, Nantucket, MA 02554

5 Sherburne Way Nantucket MA 02554
Owner Information
Owner 1
5 Sherburne Way LLC
Owner 2
Owner's Address
C/O Jdj Family Office Services, P O Box 962049 Boston, MA 02196
Market Sale Information
Most recent sale date
9/18/2020
Previous sale date
08/03/1993
Transfer document #
C27857-
Previous transfer document
C0015-0870
Grantor
George H Spencer
Previous grantor
Nathan R Allen
Most recent sale price
$21,000,000.00
Previous sale price
$3,027,500.00
Site Information
Property ID
30-38
Lot Size
2.16
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Custom Built
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2021
Number of full baths
4
Condition
Number of half baths
1
Finished Area
6799
Number of Kitchen
Gross Living Area
11194
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
2024
Land Value
$24,276,100.00
Total value
$34,551,500.00
Building value
$10,275,400.00
Estimated tax
$108,146.00
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 5 Sherburne Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $3,088.69 Style Custom Built Age 2021 Rooms Bedrooms 3 Full baths 4 Half baths 1 Gross Living Area 11194 Heating Fuel Forced Air-Duc Detached Garage Lot Size 2.16 Roof Cover Wood Shingle AEM Value - Building $10,275,400.00 AEM Value - Land $24,276,100.00 AEM Value - Other $0.00 AEM Value - Total $34,551,500.00
A) 5 Grant Avenue 0.3 1/18/2024 $26,000,000 7,194 2 $3614.12 Custom Built 2001 5 5 2 9764 Forced Air-Duc 0.42 Wood Shingle $7,004,700 $10,300,500 $0 $17,305,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Sherburne Way 9/18/2020 $21,000,000 0 Custom Built 6,799 2.16 3 4-1 -
  Criteria
A 5 Grant Avenue 1/18/2024 $26,000,000 0.3 Custom Built 7,194 0.42 5 5-2
Averages 162 days $26,000,000 0.32 --- 7,194 0.42 --- ---  

Estimation of Market Value - $38,241,964

As of today, 06/28/2024, the estimated market value of 5 Sherburne Way, Nantucket considering the above 1 comparable properties is $38,241,964.

 

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
@ 5 Sherburne Way 9/18/2020 $21,000,000 0 Custom Built 6,799 2.16 3 4-1 -
  Criteria
A 3 Sherburne Way 5/30/2024 $8,000,000 0.0 Ranch 4,626 2.39 5 4-
B 11 Sherburne Turnpike 5/13/2016 $12,600,000 0.0 Vacant Land 0.76 -
C 15 Sherburne Turnpike 7/14/2014 $12,500,000 0.1 Custom Built 5,152 0.56 5 5-1
D 29 Lincoln Avenue 11/29/2012 $18,250,000 0.1 Custom Built 4,834 1.66 5 6-
E 1 Kimball Avenue 12/29/2010 $15,525,000 0.1 Mansion 12,354 2.07 8 9-3
F 9 Sherburne Turnpike 8/31/2021 $6,500,000 0.1 Colonial 2,314 0.28 4 4-
G 7 Sherburne Turnpike 2/9/2021 $7,000,000 0.1 Colonial 2,828 0.42 4 3-1
H 5 Sherburne Turnpike 12/14/2018 $8,400,000 0.1 Custom Built 3,968 0.23 4 2-1
I 25 Lincoln Avenue 8/28/2012 $18,500,000 0.1 Custom Built 5,876 0.79 5 6-2
J 3 Sherburne Turnpike 10/8/2020 $7,750,000 0.1 Custom Built 4,416 0.26 5 6-
K 5 Kimball Avenue 12/30/2014 $0 0.1 Custom Built 4,923 1.39 5 4-1
L 1 Sherburne Turnpike 6/23/2014 $0 0.1 Custom Built 4,041 0.26 5 4-1
M 12 Sherburne Turnpike 12/8/2014 $3,995,000 0.1 Colonial 2,816 0.13 3 2-1
N 12 Sherburne Turnpike Unit 1 2/16/2021 $0 0.1 Colonial 3,568 0.22 3 4-1
O 10 Sherburne Turnpike Unit 1 8/28/2008 $3,300,000 0.1 Colonial 2,240 0.16 4 3-1
P 10 Sherburne Turnpike 11/23/1993 $575,000 0.1 Cape Cod 2,224 0.17 3 2-1
Q 1 Indian Avenue 5/1/2015 $6,528,875 0.1 Custom Built 3,866 0.26 5 4-
R 23 Lincoln Avenue 9/24/2019 $0 0.1 Custom Built 5,678 1.19 5 4-1
S 8 Sherburne Turnpike 12/17/2021 $16,900,000 0.1 Cape Cod 2,360 0.26 2 2-1
T 6 Sherburne Turnpike 12/17/2021 $16,900,000 0.1 Custom Built 5,572 0.2 5 4-3
U 7 Kimball Avenue 8/25/1998 $0 0.1 Colonial 1,856 0.46 3 3-1
V 4 Sherburne Turnpike 9/7/2000 $0 0.1 Conventional 2,545 0.25 4 2-1
Averages 3620 days $7,419,267 0.09 --- 4,003 0.65 --- ---  
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 38 5 Sherburne Way