38 Madaket Road, Nantucket, MA 02554

38 Madaket Road Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
George Drapeau & Sheila S
Owner 2
Owner's Address
2 Briggs Lane Armonk, NY 10504
Market Sale Information
Most recent sale date
7/1/2010
Previous sale date
10/01/1999
Transfer document #
01236-0275
Previous transfer document
00636-0177
Grantor
Thelma M Nissan
Previous grantor
Janet I Cameron
Most recent sale price
$500,000.00
Previous sale price
$245,000.00
Site Information
Property ID
41-319
Lot Size
0.5
Use Code
130 - Land, developable
Zoning
R20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$1,239,000.00
Total value
$1,239,000.00
Building value
$0.00
Estimated tax
$3,878.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 38 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 0.5 Roof Cover AEM Value - Building $0.00 AEM Value - Land $1,239,000.00 AEM Value - Other $0.00 AEM Value - Total $1,239,000.00
A) 158 Cliff Road 0.7 2/16/2024 $376,561 - Vacant Land 0.88 $0 $2,426,300 $0 $2,426,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Madaket Road 7/1/2010 $500,000 0 Vacant Land 0.5 - -
  Criteria
A 158 Cliff Road 2/16/2024 $376,561 0.7 Vacant Land 0.88 -
Averages 139 days $376,561 0.65 --- 0.88 --- ---  

Estimation of Market Value - $192,292

As of today, 07/04/2024, the estimated market value of 38 Madaket Road, Nantucket considering the above 1 comparable properties is $192,292.

 

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
@ 38 Madaket Road 7/1/2010 $500,000 0 Vacant Land 0.5 - -
  Criteria
A 40 Madaket Road 4/2/2004 $0 0.0 Cape Cod 1,482 0.5 3 1-1
B 36 Madaket Road 12/16/1994 $0 0.0 Cape Cod 1,968 0.5 3 2-
C 3 Tulip Lane 6/12/2003 $0 0.0 Cape Cod 2,677 0.48 5 2-1
D 42 Madaket Road 10/14/1988 $270,000 0.0 Cape Cod 1,404 0.5 3 2-
E 34 Madaket Road 8/23/2011 $0 0.0 Colonial 2,818 0.51 4 4-
F 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
G 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
H 4 Tulip Lane 12/9/1999 $300,000 0.1 Vacant Land 0.58 -
I 13 Dukes Road 6/12/2003 $0 0.1 Vacant Land 0.47 -
J 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
K 44 Madaket Road 5/31/2001 $0 0.1 Colonial 2,697 0.5 2 3-1
L 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
M 15 Dukes Road 1/21/1997 $0 0.1 Vacant Land 0.47 -
N 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
O 17 Dukes Road 12/1/2017 $0 0.1 Colonial 918 0.57 1 1-1
P 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
Q 19 Dukes Road 12/9/1999 $300,000 0.1 Vacant Land 0.46 -
R 46 Madaket Road 6/23/1999 $0 0.1 Vacant Land 1.48 -
S 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
T 47 Madaket Road 9/5/2017 $2,250,000 0.1 Colonial 3,454 0.87 4 3-1
U 12 Dukes Road 9/5/2023 $2,700,000 0.1 Colonial 1,800 0.4 3 2-
V 10 Dukes Road 5/1/1996 $0 0.1 Ranch 832 0.38 2 1-
W 21 Dukes Road 9/29/1999 $0 0.1 Vacant Land 0.47 -
X 35 Madaket Road 6/20/2018 $1,650,000 0.1 Ranch 1,707 3.79 2 3-1
Y 14 Dukes Road 9/29/2020 $0 0.1 Ranch 808 0.46 3 2-
Z 41 Madaket Road 11/14/2013 $0 0.1 Colonial 2,016 1.8 4 3-
- 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
- 16 Dukes Road 7/16/2014 $0 0.1 Colonial 2,859 0.46 3 4-1
- 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
- 43 Madaket Road 7/7/2014 $0 0.1 Bungalow 1,063 1.6 2 2-
- 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
- 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
- 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
- 48 Madaket Road 6/23/1999 $0 0.1 Vacant Land 2.59 -
- 23 Dukes Road 5/16/2016 $0 0.1 Cape Cod 2,343 0.46 5 2-
- 49-A Madaket Road 7/5/2018 $0 0.1 Colonial 2,271 0.5 4 3-1
- 18 Dukes Road 6/30/2021 $3,200,000 0.1 Custom Built 2,755 0.46 3 3-1
- 60 Crooked Lane 10/19/2015 $1,770,000 0.1 Colonial 2,940 0.41 4 3-
- 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
- 23 Madaket Road 7/1/2022 $4,000,000 0.1 Conventional 2,033 0.72 3 2-
Averages 5025 days $616,563 0.08 --- 1,698 0.76 --- ---  
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
41 319 38 Madaket Road