4 Madaket Road, Nantucket, MA 02554

4 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Donald J McDermett Jr
Owner 2
Owner's Address
3510 Turtle Creek Blvd # 11b Dallas, TX 75219
Market Sale Information
Most recent sale date
10/10/2014
Previous sale date
12/14/2012
Transfer document #
01454-0189
Previous transfer document
01359-0148
Grantor
VVH Holding Corporation
Previous grantor
John C Sherman
Most recent sale price
$1,537,500.00
Previous sale price
$700,000.00
Site Information
Property ID
41-184
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Conventional
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1940
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2165
Number of Kitchen
1
Gross Living Area
3780
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
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
$807,500.00
Total value
$2,644,300.00
Building value
$1,836,800.00
Estimated tax
$8,276.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 4 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $710.16 Style Conventional Age 1940 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 3780 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,836,800.00 AEM Value - Land $807,500.00 AEM Value - Other $0.00 AEM Value - Total $2,644,300.00
A) 149 Main Street 0.1 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
B) 20 New Lane 0.2 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
C) 108 Main Street 0.3 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
D) 45 West Chester Street 0.4 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
E) 1 Farmer Street 0.6 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
F) 38 Pine Street 0.6 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
G) 16 Polliwog Pond Road 0.6 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
H) 10 Aurora Way 0.7 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
I) 7 Yompasham Lane 0.8 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
J) 56 Walsh Street 0.8 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
K) 40 Walsh Street 0.9 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
L) 23 Walsh Street 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Madaket Road 10/10/2014 $1,537,500 0 Conventional 2,165 0.12 4 3-1 -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.1 Conventional 1,698 0.14 3 1-1
B 20 New Lane 1/17/2024 $4,350,000 0.2 Colonial 2,247 0.12 4 3-1
C 108 Main Street 3/19/2024 $4,500,000 0.3 Antique 2,005 0.17 6 4-1
D 45 West Chester Street 4/17/2024 $3,200,000 0.4 Conventional 1,972 0.14 4 3-
E 1 Farmer Street 5/10/2024 $3,600,000 0.6 Antique 2,430 0.06 3 3-1
F 38 Pine Street 1/31/2024 $2,225,000 0.6 Antique 1,707 0.07 3 1-1
G 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.6 Cape Cod 1,830 0.24 5 2-
H 10 Aurora Way 1/9/2024 $4,650,000 0.7 Colonial 2,468 0.18 4 3-1
I 7 Yompasham Lane 2/14/2024 $2,262,500 0.8 Conventional 1,878 0.25 3 3-
J 56 Walsh Street 2/15/2024 $5,000,000 0.8 Cape Cod 2,028 0.11 5 3-1
K 40 Walsh Street 1/4/2024 $2,900,000 0.9 Colonial 1,816 0.07 5 2-
L 23 Walsh Street 2/2/2024 $4,937,500 0.9 Colonial 1,774 0.12 4 4-1
Averages 128 days $3,675,000 0.57 --- 1,988 0.14 --- ---  

Estimation of Market Value - $3,703,408

As of today, 06/29/2024, the estimated market value of 4 Madaket Road, Nantucket considering the above 12 comparable properties is $3,703,408.

 

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
  • 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
@ 4 Madaket Road 10/10/2014 $1,537,500 0 Conventional 2,165 0.12 4 3-1 -
  Criteria
A 0 Winn Street 4/27/2018 $1,775,000 0.0 Cape Cod 3,189 0.15 5 5-1
B 2 Madaket Road 12/30/1985 $0 0.0 Churches 1,344 0.16 0 0-
C 5 Madaket Road 9/11/2007 $0 0.0 Cape Cod 1,287 0.2 2 1-
D 7 Madaket Road 8/1/2014 $860,000 0.0 Cape Cod 1,669 0.18 2 2-
E 1 Hedgebury Lane 10/25/2019 $0 0.0 Ranch 1,188 0.53 4 3-
F 3 Madaket Road 7/30/2018 $1,250,000 0.0 Antique 1,242 0.11 3 1-2
G 2 Winn Street 10/21/2021 $6,250,000 0.0 Custom Built 3,950 0.19 5 5-1
H 13 Madaket Road 1/22/2022 $0 0.0 Colonial 2,482 0.15 3 3-1
I 164 Main Street 8/21/2020 $1,400,000 0.0 Antique 2,332 0.08 4 4-
J 4 New Lane 12/12/1990 $200,000 0.0 Conventional 3,460 0.41 5 2-1
K 162 Main Street 6/7/2021 $0 0.0 Bungalow 842 0.12 2 1-
L 9 Madaket Road 9/7/2021 $2,750,000 0.0 Colonial 1,944 0.54 4 2-
M 15 Madaket Road 2/9/1996 $560,000 0.0 Colonial 1,796 0.46 3 3-
N 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
O 160 Main Street 5/27/2015 $850,000 0.1 Antique 1,600 0.09 4 2-
P 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
Q 2 Hedgebury Lane 9/8/2021 $0 0.1 Custom Built 2,545 0.46 4 4-1
R 5 New Lane 3/27/2020 $1,900,000 0.1 Cape Cod 2,374 0.16 3 2-2
S 158 Main Street 4/25/2002 $638,000 0.1 Antique 1,655 0.14 3 2-
T 3 New Lane $0 0.1 Gar/Apt Res 897 0.17 2 1-
U 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
V 6 New Lane 11/10/2021 $4,800,000 0.1 Custom Built 3,485 0.12 3 5-1
W 35 Vestal Street 3/26/2018 $0 0.1 Custom Built 3,998 0.12 5 5-2
X 43 Vestal Street 12/10/2015 $3,275,000 0.1 Custom Built 2,954 0.46 4 4-1
Y 1 Quaker Road $0 0.1 Vacant Land 4.69 -
Z 6-R New Lane 11/5/2021 $2,537,500 0.1 Colonial 1,792 0.12 3 2-1
- 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
- 7-A New Lane 6/24/2024 $4,575,000 0.1 Guest Quarters 560 0.16 1 1-
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 4 Barnabas Lane 12/15/2000 $1,575,000 0.1 Colonial 2,687 0.17 5 4-1
- 156 Main Street 4/15/2005 $1,000,000 0.1 Antique 1,554 0.08 3 2-
- 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
- 153 Main Street 3/31/2016 $2,000,000 0.1 Antique 4,896 0.23 6 6-1
- 7 New Lane 10/30/2015 $3,200,000 0.1 Custom Built 4,034 0.21 5 5-2
- 36 Vestal Street 1/12/2012 $1,040,000 0.1 Ranch 2,264 0.15 4 2-1
- 47 Vestal Street 12/28/2018 $2,575,000 0.1 Custom Built 2,864 0.47 4 4-1
- 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
- 8 New Lane 1/29/2021 $3,200,000 0.1 Colonial 2,633 0.46 5 4-1
- 40 Vestal Street 9/21/2015 $1,525,000 0.1 Colonial 2,077 0.11 3 4-1
- 6 Barnabas Lane 2/3/2022 $0 0.1 Colonial 4,690 0.18 6 5-1
- 154 Main Street 9/25/2001 $468,750 0.1 Antique 2,158 0.09 4 3-
- 42 Vestal Street 8/17/2012 $0 0.1 Antique 1,924 0.13 3 2-
- 149 Main Street 5/17/2024 $4,225,000 0.1 Conventional 1,698 0.14 3 1-1
- 9 New Lane 6/22/1993 $0 0.1 Ranch 1,303 0.21 2 2-
- 152 Main Street 10/7/2022 $2,291,250 0.1 Antique 1,610 0.14 3 2-
- 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
- 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
- 36-R Vestal Street 5/1/2019 $900,000 0.1 Ranch 1,088 0.05 3 1-
- 4 Quaker Road 1/12/2010 $2,800,000 0.1 Guest Quarters 836 0.2 1 1-
- 8 Barnabas Lane 10/15/2009 $1,100,000 0.1 Vacant Land 0.18 -
- 34 Vestal Street 6/17/2019 $0 0.1 Vacant Land 0.37 -
- 147 Main Street 12/16/2020 $0 0.1 Antique 1,485 0.07 3 2-1
- 49 Vestal Street 10/19/2012 $650,000 0.1 Custom Built 5,440 0.46 5 5-2
- 38 Vestal Street 4/6/2021 $0 0.1 Colonial 2,574 0.25 3 2-2
- 32 Vestal Street 10/17/1997 $300,000 0.1 Colonial 2,467 0.29 2 2-
- 4 Lowell Place 6/24/2013 $0 0.1 Colonial 1,730 0.09 4 5-
- 10 New Lane 11/15/2021 $0 0.1 Colonial 2,112 0.46 3 3-
- 8 Winn Street 7/26/2021 $1,300,000 0.1 Vacant Land 0.16 -
- 11 New Lane 4/21/2000 $0 0.1 Cape Cod 1,170 0.21 2 0-
- 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
- 150 Main Street 11/25/2015 $1,900,000 0.1 Conventional 1,056 0.11 3 3-1
- 2 Saratoga Lane 5/3/2018 $1,250,000 0.1 Cape Cod 1,369 0.12 2 2-
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
- 30 Vestal Street 5/13/2021 $3,950,000 0.1 Custom Built 4,512 0.33 4 5-1
- 44 Vestal Street 7/3/2017 $0 0.1 Colonial 3,243 0.58 4 3-
- 3 Lowell Place 5/26/2023 $2,600,000 0.1 Colonial 1,190 0.05 3 3-1
- 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
- 13 Hedgebury Lane 10/1/2021 $6,160,000 0.1 Custom Built 3,447 0.47 5 5-1
- 48 Vestal Street 11/16/2010 $0 0.1 Colonial 3,122 0.55 4 4-1
- 8 Lowell Place 7/17/2018 $100 0.1 Antique 776 0.33 1 2-
- 145 Main Street 4/14/2022 $0 0.1 Antique 5,601 0.24 5 6-1
- 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
- 6 Lowell Place 7/17/2018 $100 0.1 Cape Cod 962 0.08 3 1-1
- 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
Averages 3485 days $1,609,439 0.09 --- 2,350 0.33 --- ---  
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
41 184 4 Madaket Road