23 Madaket Road, Nantucket, MA 02554

23 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Fp Madaket LLC
Owner 2
Owner's Address
14 Beacon St 7Th Fl Boston, MA 02108
Market Sale Information
Most recent sale date
7/1/2022
Previous sale date
01/06/2012
Transfer document #
C28876-
Previous transfer document
C0024121-0
Grantor
Beamack LLC
Previous grantor
Michael K Holdgate
Most recent sale price
$4,000,000.00
Previous sale price
$1,910,000.00
Site Information
Property ID
41-303
Lot Size
0.72
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Conventional
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
2033
Number of Kitchen
1
Gross Living Area
2611
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
Oil
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
$1,261,000.00
Total value
$3,332,200.00
Building value
$2,071,200.00
Estimated tax
$10,429.00
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 23 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,967.54 Style Conventional Age 1950 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2611 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.72 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,071,200.00 AEM Value - Land $1,261,000.00 AEM Value - Other $0.00 AEM Value - Total $3,332,200.00
A) 36 Union Street 0.9 1/29/2024 $3,500,000 1,697 1.75 $2062.46 Antique 1800 4 3 2051 Hot Water 0.21 Asph/F Gls/Cmp $1,379,400 $2,245,400 $0 $3,624,800
B) 1 Walsh Street 0.9 4/18/2024 $4,950,000 2,237 2 $2212.78 Cape Cod 1913 4 3 1 2748 Forced Air-Duc 0.15 Wood Shingle $1,603,200 $2,337,000 $0 $3,940,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 23 Madaket Road 7/1/2022 $4,000,000 0 Conventional 2,033 0.72 3 2- -
  Criteria
A 36 Union Street 1/29/2024 $3,500,000 0.9 Antique 1,697 0.21 4 3-
B 1 Walsh Street 4/18/2024 $4,950,000 0.9 Cape Cod 2,237 0.15 4 3-1
Averages 115 days $4,225,000 0.92 --- 1,967 0.18 --- ---  

Estimation of Market Value - $4,044,393

As of today, 07/01/2024, the estimated market value of 23 Madaket Road, Nantucket considering the above 2 comparable properties is $4,044,393.

 

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
@ 23 Madaket Road 7/1/2022 $4,000,000 0 Conventional 2,033 0.72 3 2- -
  Criteria
A 29 Madaket Road 10/28/2022 $0 0.0 Colonial 5,156 0.29 3 2-
B 21 Madaket Road 9/15/2014 $2,750,000 0.0 Custom Built 2,468 0.37 4 3-2
C 22 Madaket Road 10/9/2013 $865,000 0.0 Cape Cod 1,882 0.1 3 4-
D 31 Madaket Road 12/4/2013 $0 0.0 Colonial 1,592 1.31 1 2-1
E 24 Madaket Road 1/13/2005 $0 0.0 Cape Cod 1,622 0.77 3 2-
F 21-R Madaket Road 7/26/2011 $0 0.0 Colonial 6,343 1.3 7 4-2
G 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
H 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
I 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
J 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
K 15 Hedgebury Lane 11/6/2020 $3,061,250 0.1 Custom Built 2,740 0.46 4 4-1
L 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
M 2 Dukes Road 11/2/2023 $5,501,100 0.1 Colonial 1,435 1.7 3 2-
N 13 Hedgebury Lane 10/1/2021 $6,160,000 0.1 Custom Built 3,447 0.47 5 5-1
O 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
P 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
Q 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
R 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
S 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
T 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
U 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
V 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
W 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
X 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
Y 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
Z 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
- 36 Madaket Road 12/16/1994 $0 0.1 Cape Cod 1,968 0.5 3 2-
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
- 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
- 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
- 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
- 36 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.83 -
- 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
- 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
- 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
- 10 Dukes Road 5/1/1996 $0 0.1 Ranch 832 0.38 2 1-
- 38 Madaket Road 7/1/2010 $500,000 0.1 Vacant Land 0.5 -
- 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 57 Vestal Street 2/18/2020 $0 0.1 Ranch 1,320 1.04 3 1-1
- 55 Vestal Street 1/17/2019 $0 0.1 Cape Cod 1,896 0.46 4 3-
Averages 3550 days $1,417,934 0.09 --- 2,402 0.62 --- ---  
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
41 303 23 Madaket Road