7 Jefferson Avenue, Nantucket, MA 02554

7 Jefferson Avenue Nantucket MA 02554
Owner Information
Owner 1
Michael J Farello & Catherine
Owner 2
Owner's Address
9 North Street Greenwich, CT 06830
Market Sale Information
Most recent sale date
9/30/2010
Previous sale date
10/16/1996
Transfer document #
01247-0319
Previous transfer document
00517-0193
Grantor
Thomas G Snow
Previous grantor
Charles E Snow
Most recent sale price
$800,000.00
Previous sale price
$0.00
Site Information
Property ID
30-54
Lot Size
0.38
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2011
Number of full baths
1
Condition
Number of half baths
4
Finished Area
1466
Number of Kitchen
Gross Living Area
1652
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
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
$2,292,200.00
Total value
$3,383,000.00
Building value
$1,090,800.00
Estimated tax
$10,588.00
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 7 Jefferson Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $545.70 Style Colonial Age 2011 Rooms Bedrooms 3 Full baths 1 Half baths 4 Gross Living Area 1652 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.38 Roof Cover Wood Shingle AEM Value - Building $1,090,800.00 AEM Value - Land $2,292,200.00 AEM Value - Other $0.00 AEM Value - Total $3,383,000.00
A) 40 Walsh Street 0.4 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
B) 16 Derrymore Road 0.4 3/13/2024 $2,950,000 1,110 1.75 $2657.66 Antique 1890 3 2 2385 Radiant 0.17 Asph/F Gls/Cmp $899,400 $1,543,800 $0 $2,443,200
C) 33 West Chester Street 0.4 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
D) 23 Walsh Street 0.5 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
E) 12 Pilgrim Road 0.5 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
F) 149 Main Street 0.8 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Jefferson Avenue 9/30/2010 $800,000 0 Colonial 1,466 0.38 3 1-4 -
  Criteria
A 40 Walsh Street 1/4/2024 $2,900,000 0.4 Colonial 1,816 0.07 5 2-
B 16 Derrymore Road 3/13/2024 $2,950,000 0.4 Antique 1,110 0.17 3 2-
C 33 West Chester Street 6/26/2024 $2,825,000 0.4 Bungalow 1,577 0.14 3 2-
D 23 Walsh Street 2/2/2024 $4,937,500 0.5 Colonial 1,774 0.12 4 4-1
E 12 Pilgrim Road 5/7/2024 $2,825,000 0.5 Ranch 1,365 0.17 3 1-
F 149 Main Street 5/17/2024 $4,225,000 0.8 Conventional 1,698 0.14 3 1-1
Averages 92 days $3,443,750 0.49 --- 1,557 0.14 --- ---  

Estimation of Market Value - $3,865,230

As of today, 07/02/2024, the estimated market value of 7 Jefferson Avenue, Nantucket considering the above 6 comparable properties is $3,865,230.

 

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
@ 7 Jefferson Avenue 9/30/2010 $800,000 0 Colonial 1,466 0.38 3 1-4 -
  Criteria
A 11 Jefferson Avenue 12/29/2000 $0 0.0 Vacant Land 0.24 -
B 0 Bathing Beach Road $0 0.0 Vacant Land 1.78 -
C 90 Hulbert Avenue 11/14/2018 $76,000 0.0 Vacant Land 0.71 -
D 14 Jefferson Avenue 9/12/2017 $16,500,000 0.0 Vacant Land 0.12 -
E 16 Jefferson Avenue 9/12/2017 $16,500,000 0.0 Vacant Land 0.13 -
F 4 Pawguvet Lane 8/3/2020 $0 0.0 Colonial 2,530 0.17 4 4-1
G 6 Pawguvet Lane 6/4/2019 $3,900,000 0.0 Colonial 2,707 0.25 4 5-
H 10 Jefferson Avenue 2/11/1993 $462,500 0.0 Vacant Land 0.61 -
I 92 Hulbert Avenue 12/20/2021 $0 0.1 Colonial 2,124 0.23 4 4-1
J 24 Jefferson Avenue 7/3/2012 $0 0.1 Vacant Land 0.15 -
K 9 Lincoln Avenue 9/12/2017 $16,500,000 0.1 Custom Built 6,797 0.84 10 8-2
L 1 Pawguvet Lane 9/10/1998 $0 0.1 Colonial 1,673 0.13 3 3-
M 8 Jefferson Avenue 6/27/2003 $0 0.1 Colonial 4,286 0.37 4 4-1
N 11 Lincoln Avenue 10/16/2013 $9,550,000 0.1 Antique 4,819 0.38 6 6-1
O 6 Jefferson Avenue 1/24/2022 $0 0.1 Modern/Contemp 1,920 0.2 4 3-1
P 26 Jefferson Avenue 7/3/2012 $0 0.1 Vacant Land 0.14 -
Q 10 Jefferson Avenue-Lot 56 2/11/1993 $462,500 0.1 Vacant Land 0.02 -
R 3 Pawguvet Lane 3/31/2017 $3,500,000 0.1 Colonial 2,081 0.18 6 3-
S 2 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 2,260 0.13 4 3-1
T 21 Jefferson Avenue 8/3/2021 $3,000,000 0.1 Colonial 2,022 0.12 4 3-
U 94 Hulbert Avenue 11/30/2021 $0 0.1 Cape Cod 2,512 0.19 4 3-2
V 4 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 1,001 0.2 3 2-
W 13 Lincoln Avenue 7/3/2012 $0 0.1 Custom Built 5,995 0.49 5 7-1
X 28 Jefferson Avenue 4/6/2022 $0 0.1 Colonial 1,654 0.26 4 2-
Y 3 Lincoln Avenue 3/9/1993 $0 0.1 Custom Built 6,554 1.02 7 8-1
Z 5 Lincoln Avenue 11/1/2006 $0 0.1 Antique 2,194 0.32 5 6-
- 7 Lincoln Avenue $750,000 0.1 Colonial 3,806 0.2 4 4-1
- 23 Jefferson Avenue 10/4/2011 $0 0.1 Colonial 3,667 0.22 5 6-1
- 13-A Lincoln Avenue 7/3/2012 $0 0.1 Bungalow 1,545 0.19 2 2-
- 27 Jefferson Avenue 10/4/2011 $0 0.1 Vacant Land 0.28 -
- 32 Jefferson Avenue 9/18/2019 $4,500,000 0.1 Colonial 2,004 0.21 3 3-
- 3 Grant Avenue $0 0.1 Vacant Land 0.3 -
- 29 Jefferson Avenue 1/4/2021 $0 0.1 Custom Built 2,100 0.11 3 3-1
- 7 Grant Avenue 6/23/2014 $10,737,500 0.1 Custom Built 3,116 0.37 4 4-1
- 15 Lincoln Avenue $1,105,000 0.1 Colonial 2,722 0.43 4 2-
- 34 Jefferson Avenue 9/6/2019 $0 0.1 Colonial 1,682 0.16 3 2-
- 8 Lincoln Avenue 5/12/1993 $0 0.1 Colonial 3,242 0.19 5 3-
- 5 Grant Avenue 1/18/2024 $26,000,000 0.1 Custom Built 7,194 0.42 5 5-2
- 66-R North Beach Street 8/19/2015 $0 0.1 Vacant Land 0.08 -
- 0 Jefferson Avenue 12/6/2011 $465,000 0.1 Vacant Land 0.18 -
- 0 Bathing Beach Road $0 0.1 Vacant Land 3.35 -
- 36 Jefferson Avenue 9/6/2019 $0 0.1 Colonial 2,556 0.26 5 3-
- 10 Lincoln Avenue 10/1/2021 $15,785,000 0.1 Custom Built 5,318 0.68 5 6-2
- 98 Hulbert Avenue $0 0.1 Vacant Land 0.23 -
- 62 North Beach Street-Lot 89 $0 0.1 Vacant Land 0.51 -
- 3 Grant Avenue-Lot 144 8/19/2015 $0 0.1 Antique 3,143 0.35 5 5-
- 6 Lincoln Avenue 10/21/2010 $0 0.1 Custom Built 8,301 0.61 6 7-1
- 17 Lincoln Avenue 10/29/2020 $14,875,000 0.1 Custom Built 8,324 0.59 5 8-3
Averages 4065 days $3,013,927 0.08 --- 2,330 0.4 --- ---  
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 54 7 Jefferson Avenue