24 Madaket Road, Nantucket, MA 02554

24 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Holly E Macdonald
Owner 2
24 Madaket Rd Nom Trust
Owner's Address
P O Box 884 Nantucket, MA 02554
Market Sale Information
Most recent sale date
1/13/2005
Previous sale date
03/05/1985
Transfer document #
00936-0001
Previous transfer document
00226-0097
Grantor
Gardner Macdonald
Previous grantor
Most recent sale price
$0.00
Previous sale price
$75,000.00
Site Information
Property ID
41-306
Lot Size
0.77
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
1622
Number of Kitchen
1
Gross Living Area
3560
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,202,800.00
Total value
$1,779,500.00
Building value
$576,700.00
Estimated tax
$5,836.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
7 Skiff Lane3 Madaket Road24 Madaket Road23 West York Lane2 Wamasquid Place4 Sunset Hill Lane16 Federal Street21 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$4,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 24 Madaket Road A) 3 Madaket RoadB) 4 Sunset Hill LaneC) 21 Pleasant StreetD) 2 Wamasquid PlaceE) 16 Federal StreetF) 23 West York LaneG) 7 Skiff Lane
Photo
Plan
Map
Proximity 0.20.50.70.70.80.80.9
Last Sold 12/3/20244/15/20253/20/20252/13/20252/4/20254/28/20253/27/2025
Price $2,000,000$3,200,000$7,375,000$2,500,000$5,100,000$1,725,000$1,700,000
Net Living Area 1,2421,8821,9361,9661,5471,3021,551
Stories 11.5221.51.751.75
Sale Price/sft $0.00$1610.31$1700.32$3809.40$1271.62$3296.70$1324.88$1096.07
Style Cape CodAntiqueConventionalConventionalColonialConventionalConventionalCape Cod
Age 19501884192619231985190019302008
Rooms 5
Bedrooms 33333323
Full baths 21212233
Half baths 2211
Gross Living Area 35602094399332664372175418462137
Heating Fuel Hot WaterHot WaterForced Air-DucHot WaterElectr BasebrdForced Air-DucHot WaterHot Water
Detached Garage
Lot Size 0.770.110.070.111.70.060.070.11
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpWood Shingle
AEM Value - Building $576,700.00$540,600$1,037,600$2,690,500$950,900$1,165,200$1,223,000$776,600
AEM Value - Land $1,202,800.00$734,200$1,208,200$1,466,700$1,291,100$1,655,700$609,900$478,800
AEM Value - Other $0.00$0$0$0$0$0$0$0
AEM Value - Total $1,779,500.00$1,274,800$2,245,800$4,157,200$2,242,000$2,820,900$1,832,900$1,255,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 24 Madaket Road 1/13/2005 $0 0 Cape Cod 1,622 0.77 3 2- -
  Criteria
A 3 Madaket Road 12/3/2024 $2,000,000 0.2 Antique 1,242 0.11 3 1-2
B 4 Sunset Hill Lane 4/15/2025 $3,200,000 0.5 Conventional 1,882 0.07 3 2-
C 21 Pleasant Street 3/20/2025 $7,375,000 0.7 Conventional 1,936 0.11 3 1-2
D 2 Wamasquid Place 2/13/2025 $2,500,000 0.7 Colonial 1,966 1.7 3 2-
E 16 Federal Street 2/4/2025 $5,100,000 0.8 Conventional 1,547 0.06 3 2-1
F 23 West York Lane 4/28/2025 $1,725,000 0.8 Conventional 1,302 0.07 2 3-
G 7 Skiff Lane 3/27/2025 $1,700,000 0.9 Cape Cod 1,551 0.11 3 3-1
Averages 82 days $3,371,429 0.65 --- 1,632 0.32 --- ---  

Estimation of Market Value - $3,001,651

As of today, 05/24/2025, the estimated market value of 24 Madaket Road, Nantucket considering the above 7 comparable properties is $3,001,651.

 

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 Road15 Dukes Road13 Dukes Road38 Madaket Road9 Dukes Road10 Dukes Road8 Dukes Road22 Madaket Road11 Dukes Road3 Tulip Lane40 Madaket Road24 Madaket Road36 Madaket Road2 Dukes Road55 Vestal Street6 Dukes Road34 Madaket Road29 Madaket Road15-B Madaket Road12 Dukes Road32 Madaket Road4 Dukes Road23 Madaket Road21 Madaket Road21-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
@ 24 Madaket Road 1/13/2005 $0 0 Cape Cod 1,622 0.77 3 2- -
  Criteria
A 22 Madaket Road 10/9/2013 $865,000 0.0 Cape Cod 1,882 0.1 3 4-
B 5 Dukes Road 1/13/2005 $0 0.0 Vacant Land 0.28 -
C 4 Dukes Road 12/17/2021 $1,700,000 0.0 Colonial 1,911 0.47 4 3-
D 23 Madaket Road 7/1/2022 $4,000,000 0.0 Conventional 2,033 0.72 3 2-
E 2 Dukes Road 11/2/2023 $5,501,100 0.0 Colonial 1,435 1.7 3 2-
F 32 Madaket Road 5/19/2008 $0 0.0 Cape Cod 3,189 0.55 5 3-
G 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
H 21 Madaket Road 4/30/2025 $5,450,000 0.1 Custom Built 2,468 0.37 4 3-2
I 15 Hedgebury Lane 11/6/2020 $3,061,250 0.1 Custom Built 2,740 0.46 4 4-1
J 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
K 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
L 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
M 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
N 13 Hedgebury Lane 10/1/2021 $6,160,000 0.1 Custom Built 3,447 0.47 5 5-1
O 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
P 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
Q 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
R 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
S 21-R Madaket Road 7/26/2011 $0 0.1 Colonial 6,343 1.3 7 4-2
T 10 Dukes Road 5/1/1996 $0 0.1 Ranch 832 0.38 2 1-
U 36 Madaket Road 12/16/1994 $0 0.1 Cape Cod 1,968 0.5 3 2-
V 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
W 61 Vestal Street 10/26/2015 $1,715,000 0.1 Cape Cod 3,594 0.17 6 5-1
X 57 Vestal Street 2/18/2020 $0 0.1 Ranch 1,320 1.04 3 1-1
Y 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
Z 63 Vestal Street 11/24/2003 $350,000 0.1 Colonial 2,812 0.25 3 2-
- 55 Vestal Street 1/17/2019 $0 0.1 Cape Cod 1,896 0.46 4 3-
- 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
- 65 Vestal Street 6/15/2020 $0 0.1 Colonial 4,002 0.51 3 3-
- 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
- 13 Dukes Road 6/12/2003 $0 0.1 Vacant Land 0.47 -
- 12 Dukes Road 9/5/2023 $2,700,000 0.1 Colonial 1,800 0.4 3 2-
- 38 Madaket Road 7/1/2010 $500,000 0.1 Vacant Land 0.5 -
- 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
- 3 Tulip Lane 6/12/2003 $0 0.1 Cape Cod 2,677 0.48 5 2-1
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
- 49 Vestal Street 10/19/2012 $650,000 0.1 Custom Built 5,440 0.46 5 5-2
- 67 Vestal Street 1/10/2025 $3,200,000 0.1 Ranch 356 0.61 1 1-
- 15 Dukes Road 1/21/1997 $0 0.1 Vacant Land 0.47 -
- 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
- 40 Madaket Road 4/2/2004 $0 0.1 Cape Cod 1,482 0.5 3 1-1
- 14 Dukes Road 9/29/2020 $0 0.1 Ranch 808 0.46 3 2-
- 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
Averages 4051 days $1,389,548 0.09 --- 2,400 0.56 --- ---  
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
41 306 24 Madaket Road