34 Madaket Road, Nantucket, MA 02554

34 Madaket Road Nantucket MA 02554
Owner Information
Owner 1
Sophie A Metz
Owner 2
Owner's Address
34 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
8/23/2011
Previous sale date
06/24/2011
Transfer document #
01290-0105
Previous transfer document
001284-0068
Grantor
George W Stricker
Previous grantor
Kent D Gritzke
Most recent sale price
$0.00
Previous sale price
$590,000.00
Site Information
Property ID
41-317
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1950
Number of full baths
4
Condition
Number of half baths
Finished Area
2818
Number of Kitchen
1
Gross Living Area
4044
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,240,000.00
Total value
$2,269,000.00
Building value
$1,029,000.00
Estimated tax
$7,101.00
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 34 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1950 Rooms Bedrooms 4 Full baths 4 Half baths Gross Living Area 4044 Heating Fuel Hot Water Detached Garage Lot Size 0.51 Roof Cover Wood Shingle AEM Value - Building $1,029,000.00 AEM Value - Land $1,240,000.00 AEM Value - Other $0.00 AEM Value - Total $2,269,000.00
A) 20 New Lane 0.3 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
B) 10 Aurora Way 0.6 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
C) 20 West Chester Street 0.7 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
D) 1 Farmer Street 0.8 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
E) 45 Fair Street 0.8 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
F) 8 Austin Farm Drive 0.9 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 34 Madaket Road 8/23/2011 $0 0 Colonial 2,818 0.51 4 4- -
  Criteria
A 20 New Lane 1/17/2024 $4,350,000 0.3 Colonial 2,247 0.12 4 3-1
B 10 Aurora Way 1/9/2024 $4,650,000 0.6 Colonial 2,468 0.18 4 3-1
C 20 West Chester Street 6/17/2024 $6,995,000 0.7 Custom Built 3,287 0.28 4 4-2
D 1 Farmer Street 5/10/2024 $3,600,000 0.8 Antique 2,430 0.06 3 3-1
E 45 Fair Street 5/8/2024 $4,800,000 0.8 Custom Built 2,854 0.07 4 4-1
F 8 Austin Farm Drive 3/1/2024 $8,500,000 0.9 Colonial 2,798 0.92 3 2-1
Averages 100 days $5,482,500 0.68 --- 2,681 0.27 --- ---  

Estimation of Market Value - $4,566,797

As of today, 07/04/2024, the estimated market value of 34 Madaket Road, Nantucket considering the above 6 comparable properties is $4,566,797.

 

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
@ 34 Madaket Road 8/23/2011 $0 0 Colonial 2,818 0.51 4 4- -
  Criteria
A 36 Madaket Road 12/16/1994 $0 0.0 Cape Cod 1,968 0.5 3 2-
B 32 Madaket Road 5/19/2008 $0 0.0 Cape Cod 3,189 0.55 5 3-
C 9 Dukes Road 7/1/2013 $0 0.0 Cape Cod 1,294 0.5 4 1-1
D 38 Madaket Road 7/1/2010 $500,000 0.0 Vacant Land 0.5 -
E 11 Dukes Road $0 0.0 Colonial 1,908 0.5 4 2-1
F 5 Dukes Road 1/13/2005 $0 0.0 Vacant Land 0.28 -
G 3 Tulip Lane 6/12/2003 $0 0.1 Cape Cod 2,677 0.48 5 2-1
H 13 Dukes Road 6/12/2003 $0 0.1 Vacant Land 0.47 -
I 40 Madaket Road 4/2/2004 $0 0.1 Cape Cod 1,482 0.5 3 1-1
J 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
K 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
L 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
M 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
N 15 Dukes Road 1/21/1997 $0 0.1 Vacant Land 0.47 -
O 10 Dukes Road 5/1/1996 $0 0.1 Ranch 832 0.38 2 1-
P 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
Q 42 Madaket Road 10/14/1988 $270,000 0.1 Cape Cod 1,404 0.5 3 2-
R 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
S 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
T 12 Dukes Road 9/5/2023 $2,700,000 0.1 Colonial 1,800 0.4 3 2-
U 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
V 4 Tulip Lane 12/9/1999 $300,000 0.1 Vacant Land 0.58 -
W 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
X 23 Madaket Road 7/1/2022 $4,000,000 0.1 Conventional 2,033 0.72 3 2-
Y 17 Dukes Road 12/1/2017 $0 0.1 Colonial 918 0.57 1 1-1
Z 14 Dukes Road 9/29/2020 $0 0.1 Ranch 808 0.46 3 2-
- 44 Madaket Road 5/31/2001 $0 0.1 Colonial 2,697 0.5 2 3-1
- 22 Madaket Road 10/9/2013 $865,000 0.1 Cape Cod 1,882 0.1 3 4-
- 19 Dukes Road 12/9/1999 $300,000 0.1 Vacant Land 0.46 -
- 2 Dukes Road 11/2/2023 $5,501,100 0.1 Colonial 1,435 1.7 3 2-
- 16 Dukes Road 7/16/2014 $0 0.1 Colonial 2,859 0.46 3 4-1
- 35 Madaket Road 6/20/2018 $1,650,000 0.1 Ranch 1,707 3.79 2 3-1
- 65 Vestal Street 6/15/2020 $0 0.1 Colonial 4,002 0.51 3 3-
- 21 Madaket Road 9/15/2014 $2,750,000 0.1 Custom Built 2,468 0.37 4 3-2
- 63 Vestal Street 11/24/2003 $350,000 0.1 Colonial 2,812 0.25 3 2-
- 46 Madaket Road 6/23/1999 $0 0.1 Vacant Land 1.48 -
- 67 Vestal Street 11/16/2020 $1,850,000 0.1 Ranch 356 0.61 1 1-
- 21 Dukes Road 9/29/1999 $0 0.1 Vacant Land 0.47 -
- 47 Madaket Road 9/5/2017 $2,250,000 0.1 Colonial 3,454 0.87 4 3-1
- 61 Vestal Street 10/26/2015 $1,715,000 0.1 Cape Cod 3,594 0.17 6 5-1
- 18 Dukes Road 6/30/2021 $3,200,000 0.1 Custom Built 2,755 0.46 3 3-1
- 41 Madaket Road 11/14/2013 $0 0.1 Colonial 2,016 1.8 4 3-
- 21-R Madaket Road 7/26/2011 $0 0.1 Colonial 6,343 1.3 7 4-2
- 15 Hedgebury Lane 11/6/2020 $3,061,250 0.1 Custom Built 2,740 0.46 4 4-1
Averages 4711 days $897,383 0.08 --- 1,867 0.69 --- ---  
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
41 317 34 Madaket Road