22 Madaket Road, Nantucket, MA 02554

22 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Charles A 1v Ernst & Karen G
Owner 2
Owner's Address
24 Dockside Ln Pmb 152 Key Largo, FL 33037
Market Sale Information
Most recent sale date
10/9/2013
Previous sale date
10/24/2005
Transfer document #
011407-0169
Previous transfer document
00985-0089
Grantor
Robert Hradil
Previous grantor
Richard A Sylvester
Most recent sale price
$865,000.00
Previous sale price
$675,000.00
Site Information
Property ID
41-305
Lot Size
0.1
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1955
Number of full baths
4
Condition
Number of half baths
Finished Area
1882
Number of Kitchen
1
Gross Living Area
2574
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
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
$756,900.00
Total value
$1,430,800.00
Building value
$673,900.00
Estimated tax
$4,478.00
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 22 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $459.62 Style Cape Cod Age 1955 Rooms Bedrooms 3 Full baths 4 Half baths Gross Living Area 2574 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.1 Roof Cover Wood Shingle AEM Value - Building $673,900.00 AEM Value - Land $756,900.00 AEM Value - Other $0.00 AEM Value - Total $1,430,800.00
A) 149 Main Street 0.3 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) 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
C) 33 West Chester Street 0.5 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) 17 Pleasant Street 0.6 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
E) 35 Pleasant Street 0.7 9/17/2024 $3,735,000 1,680 1 $2223.21 Bungalow 1927 2 1 4002 Hot Water 0.23 Asph/F Gls/Cmp $659,500 $1,555,200 $0 $2,214,700
F) 6 West Dover Street 0.9 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 22 Madaket Road 10/9/2013 $865,000 0 Cape Cod 1,882 0.1 3 4- -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
B 45 West Chester Street 4/17/2024 $3,200,000 0.4 Conventional 1,972 0.14 4 3-
C 33 West Chester Street 6/26/2024 $2,825,000 0.5 Bungalow 1,577 0.14 3 2-
D 17 Pleasant Street 7/5/2024 $3,715,000 0.6 Antique 2,100 0.09 2 3-
E 35 Pleasant Street 9/17/2024 $3,735,000 0.7 Bungalow 1,680 0.23 2 1-
F 6 West Dover Street 7/18/2024 $2,130,000 0.9 Antique 2,321 0.14 4 1-
Averages 96 days $3,305,000 0.56 --- 1,891 0.15 --- ---  

Estimation of Market Value - $2,625,578

As of today, 09/30/2024, the estimated market value of 22 Madaket Road, Nantucket considering the above 6 comparable properties is $2,625,578.

 

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
@ 22 Madaket Road 10/9/2013 $865,000 0 Cape Cod 1,882 0.1 3 4- -
  Criteria
A 24 Madaket Road 1/13/2005 $0 0.0 Cape Cod 1,622 0.77 3 2-
B 21 Madaket Road 9/15/2014 $2,750,000 0.0 Custom Built 2,468 0.37 4 3-2
C 23 Madaket Road 7/1/2022 $4,000,000 0.0 Conventional 2,033 0.72 3 2-
D 15 Hedgebury Lane 11/6/2020 $3,061,250 0.0 Custom Built 2,740 0.46 4 4-1
E 2 Dukes Road 11/2/2023 $5,501,100 0.0 Colonial 1,435 1.7 3 2-
F 13 Hedgebury Lane 10/1/2021 $6,160,000 0.0 Custom Built 3,447 0.47 5 5-1
G 19 Madaket Road 5/17/1993 $211,500 0.0 Ranch 1,168 0.76 2 1-1
H 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
I 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
J 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
K 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
L 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
M 21-R Madaket Road 7/26/2011 $0 0.1 Colonial 6,343 1.3 7 4-2
N 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
O 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
P 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
Q 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
R 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
S 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
T 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
U 55 Vestal Street 1/17/2019 $0 0.1 Cape Cod 1,896 0.46 4 3-
V 57 Vestal Street 2/18/2020 $0 0.1 Ranch 1,320 1.04 3 1-1
W 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
X 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
Y 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
Z 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 61 Vestal Street 10/26/2015 $1,715,000 0.1 Cape Cod 3,594 0.17 6 5-1
- 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
- 49 Vestal Street 10/19/2012 $650,000 0.1 Custom Built 5,440 0.46 5 5-2
- 10 Dukes Road 5/1/1996 $0 0.1 Ranch 832 0.38 2 1-
- 63 Vestal Street 11/24/2003 $350,000 0.1 Colonial 2,812 0.25 3 2-
- 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
- 36 Madaket Road 12/16/1994 $0 0.1 Cape Cod 1,968 0.5 3 2-
- 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
- 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 47 Vestal Street 12/28/2018 $2,575,000 0.1 Custom Built 2,864 0.47 4 4-1
- 65 Vestal Street 6/15/2020 $0 0.1 Colonial 4,002 0.51 3 3-
- 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
- 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
Averages 3844 days $1,548,723 0.09 --- 2,736 0.58 --- ---  
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
41 305 22 Madaket Road