36 Madaket Road, Nantucket, MA 02554

36 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Charles R Loftin & Chrisitne G
Owner 2
Owner's Address
36 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/16/1994
Previous sale date
12/16/1994
Transfer document #
00461-0290
Previous transfer document
00461-0288
Grantor
Christine G Loftin
Previous grantor
Charles R Loftin
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
41-318
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
3
Year Built
1975
Number of full baths
2
Condition
Number of half baths
Finished Area
1968
Number of Kitchen
1
Gross Living Area
3185
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,239,000.00
Total value
$1,890,100.00
Building value
$651,100.00
Estimated tax
$5,916.00
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 36 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1975 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 3185 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $651,100.00 AEM Value - Land $1,239,000.00 AEM Value - Other $0.00 AEM Value - Total $1,890,100.00
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) 149 Main Street 0.4 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
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 0.6 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 0.6 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) 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
H) 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
I) 7 Yompasham Lane 1.0 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
J) 56 Walsh Street 1.0 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 36 Madaket Road 12/16/1994 $0 0 Cape Cod 1,968 0.5 3 2- -
  Criteria
A 20 New Lane 1/17/2024 $4,350,000 0.3 Colonial 2,247 0.12 4 3-1
B 149 Main Street 5/17/2024 $4,225,000 0.4 Conventional 1,698 0.14 3 1-1
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 0.6 Antique 2,005 0.17 6 4-1
E 33 West Chester Street 6/26/2024 $2,825,000 0.6 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 1 Farmer Street 5/10/2024 $3,600,000 0.8 Antique 2,430 0.06 3 3-1
H 38 Pine Street 1/31/2024 $2,225,000 0.8 Antique 1,707 0.07 3 1-1
I 7 Yompasham Lane 2/14/2024 $2,262,500 1.0 Conventional 1,878 0.25 3 3-
J 56 Walsh Street 2/15/2024 $5,000,000 1.0 Cape Cod 2,028 0.11 5 3-1
Averages 108 days $3,443,750 0.68 --- 1,937 0.14 --- ---  

Estimation of Market Value - $2,979,013

As of today, 07/04/2024, the estimated market value of 36 Madaket Road, Nantucket considering the above 10 comparable properties is $2,979,013.

 

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
@ 36 Madaket Road 12/16/1994 $0 0 Cape Cod 1,968 0.5 3 2- -
  Criteria
A 38 Madaket Road 7/1/2010 $500,000 0.0 Vacant Land 0.5 -
B 34 Madaket Road 8/23/2011 $0 0.0 Colonial 2,818 0.51 4 4-
C 40 Madaket Road 4/2/2004 $0 0.0 Cape Cod 1,482 0.5 3 1-1
D 3 Tulip Lane 6/12/2003 $0 0.0 Cape Cod 2,677 0.48 5 2-1
E 32 Madaket Road 5/19/2008 $0 0.0 Cape Cod 3,189 0.55 5 3-
F 11 Dukes Road $0 0.0 Colonial 1,908 0.5 4 2-1
G 9 Dukes Road 7/1/2013 $0 0.0 Cape Cod 1,294 0.5 4 1-1
H 13 Dukes Road 6/12/2003 $0 0.1 Vacant Land 0.47 -
I 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
J 42 Madaket Road 10/14/1988 $270,000 0.1 Cape Cod 1,404 0.5 3 2-
K 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
L 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
M 15 Dukes Road 1/21/1997 $0 0.1 Vacant Land 0.47 -
N 4 Tulip Lane 12/9/1999 $300,000 0.1 Vacant Land 0.58 -
O 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
P 44 Madaket Road 5/31/2001 $0 0.1 Colonial 2,697 0.5 2 3-1
Q 17 Dukes Road 12/1/2017 $0 0.1 Colonial 918 0.57 1 1-1
R 10 Dukes Road 5/1/1996 $0 0.1 Ranch 832 0.38 2 1-
S 12 Dukes Road 9/5/2023 $2,700,000 0.1 Colonial 1,800 0.4 3 2-
T 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
U 19 Dukes Road 12/9/1999 $300,000 0.1 Vacant Land 0.46 -
V 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
W 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
X 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
Y 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
Z 14 Dukes Road 9/29/2020 $0 0.1 Ranch 808 0.46 3 2-
- 46 Madaket Road 6/23/1999 $0 0.1 Vacant Land 1.48 -
- 35 Madaket Road 6/20/2018 $1,650,000 0.1 Ranch 1,707 3.79 2 3-1
- 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
- 47 Madaket Road 9/5/2017 $2,250,000 0.1 Colonial 3,454 0.87 4 3-1
- 16 Dukes Road 7/16/2014 $0 0.1 Colonial 2,859 0.46 3 4-1
- 21 Dukes Road 9/29/1999 $0 0.1 Vacant Land 0.47 -
- 23 Madaket Road 7/1/2022 $4,000,000 0.1 Conventional 2,033 0.72 3 2-
- 41 Madaket Road 11/14/2013 $0 0.1 Colonial 2,016 1.8 4 3-
- 22 Madaket Road 10/9/2013 $865,000 0.1 Cape Cod 1,882 0.1 3 4-
- 18 Dukes Road 6/30/2021 $3,200,000 0.1 Custom Built 2,755 0.46 3 3-1
- 65 Vestal Street 6/15/2020 $0 0.1 Colonial 4,002 0.51 3 3-
- 43 Madaket Road 7/7/2014 $0 0.1 Bungalow 1,063 1.6 2 2-
- 2 Dukes Road 11/2/2023 $5,501,100 0.1 Colonial 1,435 1.7 3 2-
- 23 Dukes Road 5/16/2016 $0 0.1 Cape Cod 2,343 0.46 5 2-
- 67 Vestal Street 11/16/2020 $1,850,000 0.1 Ranch 356 0.61 1 1-
Averages 4568 days $770,941 0.08 --- 1,669 0.73 --- ---  
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
41 318 36 Madaket Road