24 Madaket Road, Nantucket, MA 02554

24 Madaket Road Nantucket MA 02554
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
2024
Land Value
$1,266,000.00
Total value
$1,824,500.00
Building value
$558,500.00
Estimated tax
$5,710.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 24 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1950 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 3560 Heating Fuel Hot Water Detached Garage Lot Size 0.77 Roof Cover Asph/F Gls/Cmp AEM Value - Building $558,500.00 AEM Value - Land $1,266,000.00 AEM Value - Other $0.00 AEM Value - Total $1,824,500.00
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) 12 Pilgrim Road 0.4 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
C) 45 West Chester Street 0.5 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
D) 108 Main Street 0.5 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
E) 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
F) 16 Polliwog Pond Road 0.7 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
G) 38 Pine Street 0.8 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
H) 7 Yompasham Lane 0.9 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
I) 3 Back Street 1.0 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
J) 4 York Street 1.0 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
K) 1 Back Street 1.0 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
L) 40 Walsh Street 1.0 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
# 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 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
B 12 Pilgrim Road 5/7/2024 $2,825,000 0.4 Ranch 1,365 0.17 3 1-
C 45 West Chester Street 4/17/2024 $3,200,000 0.5 Conventional 1,972 0.14 4 3-
D 108 Main Street 3/19/2024 $4,500,000 0.5 Antique 2,005 0.17 6 4-1
E 33 West Chester Street 6/26/2024 $2,825,000 0.5 Bungalow 1,577 0.14 3 2-
F 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.7 Cape Cod 1,830 0.24 5 2-
G 38 Pine Street 1/31/2024 $2,225,000 0.8 Antique 1,707 0.07 3 1-1
H 7 Yompasham Lane 2/14/2024 $2,262,500 0.9 Conventional 1,878 0.25 3 3-
I 3 Back Street 1/2/2024 $2,900,000 1.0 Ranch 1,344 0.12 3 2-
J 4 York Street 3/28/2024 $2,175,000 1.0 Antique 1,489 0.07 3 2-
K 1 Back Street 1/2/2024 $2,900,000 1.0 Colonial 1,520 0.12 2 2-
L 40 Walsh Street 1/4/2024 $2,900,000 1.0 Colonial 1,816 0.07 5 2-
Averages 116 days $2,932,292 0.71 --- 1,683 0.14 --- ---  

Estimation of Market Value - $2,635,337

As of today, 07/01/2024, the estimated market value of 24 Madaket Road, Nantucket considering the above 12 comparable properties is $2,635,337.

 

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
  • 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
@ 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 9/15/2014 $2,750,000 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 11/16/2020 $1,850,000 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 3853 days $1,297,502 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