21 Madaket Road, Nantucket, MA 02554

Owner Information
Owner 1
21 Madaket Road LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/30/2025
Previous sale date
9/15/2014
Transfer document #
D182190-0
Previous transfer document
C0025328-
Grantor
Panther Holdings LLC
Previous grantor
Stephen W Cheney
Most recent sale price
$5,450,000.00
Previous sale price
$2,750,000.00
Site Information
Property ID
41-301
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Custom Built
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1981
Number of full baths
3
Condition
Number of half baths
2
Finished Area
2468
Number of Kitchen
1
Gross Living Area
3736
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
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,145,700.00
Total value
$3,801,100.00
Building value
$2,655,400.00
Estimated tax
$12,467.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property24 Meadow View Drive2 Wamasquid Place4 Sunset Hill Lane3 Cornish Street44 Madaket Road17 Lily Street2 Summer Street21 Madaket Road87 Main Street2 Brocks Court21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
Address 21 Madaket Road A) 44 Madaket RoadB) 2 Brocks CourtC) 4 Sunset Hill LaneD) 24 Meadow View DriveE) 17 Lily StreetF) 87 Main StreetG) 2 Summer StreetH) 21 Pleasant StreetI) 2 Wamasquid PlaceJ) 3 Cornish Street
Photo
Plan
Map
Proximity 0.20.40.50.50.50.60.60.60.70.9
Last Sold 5/16/20253/14/20254/15/202512/4/20241/15/202512/12/20244/30/20253/20/20252/13/20254/15/2025
Price $3,144,375$5,000,000$3,200,000$2,250,000$4,475,000$4,000,000$3,950,000$7,375,000$2,500,000$3,500,000
Net Living Area 2,6972,6211,8822,2122,5322,6282,5011,9361,9662,739
Stories 21.751.5222.52222
Sale Price/sft $2,208.27$1165.88$1907.67$1700.32$1017.18$1767.38$1522.07$1579.37$3809.40$1271.62$1277.84
Style Custom BuiltColonialAntiqueConventionalColonialColonialAntiqueAntiqueConventionalColonialCape Cod
Age 19811999180019261977198918301750192319852006
Rooms
Bedrooms 42433435335
Full baths 33522333124
Half baths 2111121
Gross Living Area 37365563500439934484383452964268326643723380
Heating Fuel Forced Air-DucForced Air-DucHot WaterForced Air-DucHot WaterForced Air-DucHot WaterHot WaterHot WaterElectr BasebrdForced Air-Duc
Detached Garage
Lot Size 0.370.50.420.070.460.120.060.120.111.70.12
Roof Cover Wood ShingleWood ShingleWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/Cmp
AEM Value - Building $2,655,400.00$2,172,300$2,409,400$1,037,600$1,017,400$1,899,400$2,161,500$1,376,800$2,690,500$950,900$1,097,800
AEM Value - Land $1,145,700.00$1,177,100$1,576,575$1,208,200$1,173,400$1,544,300$1,658,000$2,205,500$1,466,700$1,291,100$2,201,300
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $3,801,100.00$3,349,400$3,985,975$2,245,800$2,190,800$3,443,700$3,819,500$3,582,300$4,157,200$2,242,000$3,299,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Madaket Road 4/30/2025 $5,450,000 0 Custom Built 2,468 0.37 4 3-2 -
  Criteria
A 44 Madaket Road 5/16/2025 $3,144,375 0.2 Colonial 2,697 0.5 2 3-1
B 2 Brocks Court 3/14/2025 $5,000,000 0.4 Antique 2,621 0.42 4 5-1
C 4 Sunset Hill Lane 4/15/2025 $3,200,000 0.5 Conventional 1,882 0.07 3 2-
D 24 Meadow View Drive 12/4/2024 $2,250,000 0.5 Colonial 2,212 0.46 3 2-1
E 17 Lily Street 1/15/2025 $4,475,000 0.5 Colonial 2,532 0.12 4 3-1
F 87 Main Street 12/12/2024 $4,000,000 0.6 Antique 2,628 0.06 3 3-
G 2 Summer Street 4/30/2025 $3,950,000 0.6 Antique 2,501 0.12 5 3-
H 21 Pleasant Street 3/20/2025 $7,375,000 0.6 Conventional 1,936 0.11 3 1-2
I 2 Wamasquid Place 2/13/2025 $2,500,000 0.7 Colonial 1,966 1.7 3 2-
J 3 Cornish Street 4/15/2025 $3,500,000 0.9 Cape Cod 2,739 0.12 5 4-1
Averages 86 days $3,939,438 0.56 --- 2,371 0.37 --- ---  

Estimation of Market Value - $4,366,812

As of today, 05/29/2025, the estimated market value of 21 Madaket Road, Nantucket considering the above 10 comparable properties is $4,366,812.

 

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 Copy to Clipboard
Subject Property5 Dukes Road9 Dukes Road8 Dukes Road22 Madaket Road24 Madaket Road8 Meadow Lane2 Dukes Road55 Vestal Street6 Dukes Road34 Madaket Road29 Madaket Road15-B Madaket Road5 Ackermuck Way13 Madaket Road32 Madaket Road14 Meadow Lane4 Dukes Road15 Madaket Road23 Madaket Road15-A Madaket Road18 Meadow Lane21 Madaket Road12 Meadow Lane6 Ackermuck Way21-R Madaket Road49 Vestal Street5 Hedgebury Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000$10,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Madaket Road 4/30/2025 $5,450,000 0 Custom Built 2,468 0.37 4 3-2 -
  Criteria
A 23 Madaket Road 7/1/2022 $4,000,000 0.0 Conventional 2,033 0.72 3 2-
B 19 Madaket Road 5/17/1993 $211,500 0.0 Ranch 1,168 0.76 2 1-1
C 22 Madaket Road 10/9/2013 $865,000 0.0 Cape Cod 1,882 0.1 3 4-
D 21-R Madaket Road 7/26/2011 $0 0.0 Colonial 6,343 1.3 7 4-2
E 29 Madaket Road 10/28/2022 $0 0.0 Colonial 5,156 0.29 3 2-
F 17 Madaket Road 10/19/2018 $1,413,750 0.0 Cape Cod 3,265 0.5 3 3-1
G 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
H 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
I 15 Hedgebury Lane 11/6/2020 $3,061,250 0.1 Custom Built 2,740 0.46 4 4-1
J 13 Hedgebury Lane 10/1/2021 $6,160,000 0.1 Custom Built 3,447 0.47 5 5-1
K 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
L 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
M 2 Dukes Road 11/2/2023 $5,501,100 0.1 Colonial 1,435 1.7 3 2-
N 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
O 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
P 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
Q 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
R 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
S 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
T 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
U 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
V 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
W 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
X 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
Y 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
Z 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
- 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 55 Vestal Street 1/17/2019 $0 0.1 Cape Cod 1,896 0.46 4 3-
- 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
- 13 Madaket Road 1/22/2022 $0 0.1 Colonial 2,482 0.15 3 3-1
- 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
- 9 Madaket Road 9/7/2021 $2,750,000 0.1 Colonial 1,944 0.54 4 2-
- 57 Vestal Street 2/18/2020 $0 0.1 Ranch 1,320 1.04 3 1-1
- 6-R New Lane 11/5/2021 $2,537,500 0.1 Colonial 1,792 0.12 3 2-1
- 49 Vestal Street 10/19/2012 $650,000 0.1 Custom Built 5,440 0.46 5 5-2
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
Averages 3630 days $1,605,949 0.09 --- 2,665 0.59 --- ---  
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
41 301 21 Madaket Road