61 Madaket Road, Nantucket, MA 02554

61 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Paul P Stewart
Owner 2
Sixty-One Madaket Rd Nominee Trust
Owner's Address
61 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/12/1996
Previous sale date
09/23/1991
Transfer document #
C0017-0664
Previous transfer document
C0015-0001
Grantor
Paul Stewart
Previous grantor
Stephen W Gray
Most recent sale price
$0.00
Previous sale price
$291,000.00
Site Information
Property ID
41-201
Lot Size
0.7
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1955
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1212
Number of Kitchen
1
Gross Living Area
1715
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,259,000.00
Total value
$2,944,100.00
Building value
$1,685,100.00
Estimated tax
$9,215.00
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 61 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1955 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 1715 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.7 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,685,100.00 AEM Value - Land $1,259,000.00 AEM Value - Other $0.00 AEM Value - Total $2,944,100.00
A) 1 Hedgebury Lane 0.5 6/27/2024 $4,862,500 1,188 1 $4093.01 Ranch 2009 4 3 1865 Forced Air-Duc 0.53 Wood Shingle $1,688,400 $1,552,600 $0 $3,241,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 61 Madaket Road 12/12/1996 $0 0 Colonial 1,212 0.7 3 1-1 -
  Criteria
A 1 Hedgebury Lane 6/27/2024 $4,862,500 0.5 Ranch 1,188 0.53 4 3-
Averages 100 days $4,862,500 0.55 --- 1,188 0.53 --- ---  

Estimation of Market Value - $4,688,895

As of today, 10/05/2024, the estimated market value of 61 Madaket Road, Nantucket considering the above 1 comparable properties is $4,688,895.

 

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
@ 61 Madaket Road 12/12/1996 $0 0 Colonial 1,212 0.7 3 1-1 -
  Criteria
A 41 Crooked Lane 9/25/2003 $1,125,000 0.0 Colonial 2,125 1.77 2 2-1
B 57 Madaket Road 10/2/2012 $892,000 0.0 Colonial 1,580 0.71 3 2-1
C 43 Crooked Lane 3/22/1995 $227,500 0.0 Colonial 1,073 0.66 2 1-1
D 64 Madaket Road 9/1/2010 $760,000 0.1 Colonial 1,619 0.47 3 2-
E 62 Madaket Road 1/2/2009 $0 0.1 Ranch 1,368 0.89 3 1-
F 66 Madaket Road 9/29/2022 $2,525,000 0.1 Colonial 2,823 0.47 3 3-1
G 68 Madaket Road 9/8/2021 $0 0.1 Colonial 1,921 0.47 3 2-
H 35 Crooked Lane 8/8/2005 $0 0.1 Colonial 1,864 0.93 4 3-1
I 46 Crooked Lane 8/4/2017 $2,200,000 0.1 Colonial 2,935 0.57 3 3-1
J 42 Crooked Lane 12/20/1994 $375,000 0.1 Cape Cod 1,976 0.63 4 2-
K 33 Crooked Lane 10/3/2018 $1,750,000 0.1 Colonial 1,428 0.92 3 2-
L 31 Crooked Lane 6/6/1995 $390,000 0.1 Colonial 1,856 1.56 3 3-
M 55 Madaket Road 1/16/2008 $0 0.1 Colonial 2,080 0.62 3 2-1
N 60 Madaket Road 1/13/2022 $6,500,000 0.1 Colonial 2,448 5.84 3 2-1
O 60 Grove Lane 3/24/2017 $550,000 0.1 Colonial 1,584 0.71 3 2-
P 56 Madaket Road 6/23/1999 $850,000 0.1 Vacant Land 2.53 -
Q 70 Madaket Road 8/26/2011 $0 0.1 Colonial 1,820 1.84 3 2-
R 36 Crooked Lane 11/15/2019 $1,978,800 0.1 Colonial 1,164 1.18 1 -1
S 29 Crooked Lane 6/19/2019 $0 0.1 Conventional 3,608 2.23 6 4-
Averages 5086 days $1,059,121 0.08 --- 1,856 1.32 --- ---  
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
41 201 61 Madaket Road