55 Madaket Road, Nantucket, MA 02554

55 Madaket Road Nantucket MA 02554
Owner Information
Owner 1
Sandra A Urie
Owner 2
Owner's Address
36 Prospect Street Winchester, MA 01890
Market Sale Information
Most recent sale date
1/16/2008
Previous sale date
01/03/2003
Transfer document #
01121-0252
Previous transfer document
00795-0008
Grantor
Sandra A Urie
Previous grantor
David Leibenhaut
Most recent sale price
$0.00
Previous sale price
$882,500.00
Site Information
Property ID
41-327
Lot Size
0.62
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1989
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2080
Number of Kitchen
1
Gross Living Area
3214
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$1,251,000.00
Total value
$2,457,800.00
Building value
$1,206,800.00
Estimated tax
$7,692.00
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 55 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1989 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3214 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.62 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,206,800.00 AEM Value - Land $1,251,000.00 AEM Value - Other $0.00 AEM Value - Total $2,457,800.00
A) 149 Main Street 0.6 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) 45 West Chester Street 0.6 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
C) 33 West Chester Street 0.7 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
D) 17 Pleasant Street 0.9 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 Madaket Road 1/16/2008 $0 0 Colonial 2,080 0.62 3 2-1 -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.6 Conventional 1,698 0.14 3 1-1
B 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
C 33 West Chester Street 6/26/2024 $2,825,000 0.7 Bungalow 1,577 0.14 3 2-
D 17 Pleasant Street 7/5/2024 $3,715,000 0.9 Antique 2,100 0.09 2 3-
Averages 125 days $3,491,250 0.69 --- 1,837 0.13 --- ---  

Estimation of Market Value - $3,589,357

As of today, 10/03/2024, the estimated market value of 55 Madaket Road, Nantucket considering the above 4 comparable properties is $3,589,357.

 

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
@ 55 Madaket Road 1/16/2008 $0 0 Colonial 2,080 0.62 3 2-1 -
  Criteria
A 46 Crooked Lane 8/4/2017 $2,200,000 0.0 Colonial 2,935 0.57 3 3-1
B 51-B Madaket Road 1/31/2018 $1,775,000 0.0 Colonial 2,540 0.92 3 2-1
C 60 Grove Lane 3/24/2017 $550,000 0.0 Colonial 1,584 0.71 3 2-
D 42 Crooked Lane 12/20/1994 $375,000 0.0 Cape Cod 1,976 0.63 4 2-
E 51-A Madaket Road 6/2/2015 $0 0.0 Cottage 686 0.47 1 1-
F 58 Grove Lane 8/28/2019 $0 0.1 Cape Cod 1,446 0.91 3 2-1
G 43 Crooked Lane 3/22/1995 $227,500 0.1 Colonial 1,073 0.66 2 1-1
H 56 Madaket Road 6/23/1999 $850,000 0.1 Vacant Land 2.53 -
I 49-B Madaket Road 10/20/2000 $1,150,000 0.1 Colonial 1,415 0.48 2 3-
J 54 Madaket Road 6/23/1999 $850,000 0.1 Outbuildings 0.83 -
K 57 Madaket Road 10/2/2012 $892,000 0.1 Colonial 1,580 0.71 3 2-1
L 49-A Madaket Road 7/18/2024 $4,137,500 0.1 Colonial 2,271 0.5 4 3-1
M 52 Madaket Road 6/23/1999 $850,000 0.1 Outbuildings 0.82 -
N 54 Grove Lane 11/27/2019 $0 0.1 Vacant Land 2.01 -
O 62 Madaket Road 1/2/2009 $0 0.1 Ranch 1,368 0.89 3 1-
P 36 Crooked Lane 11/15/2019 $1,978,800 0.1 Colonial 1,164 1.18 1 -1
Q 41 Crooked Lane 9/25/2003 $1,125,000 0.1 Colonial 2,125 1.77 2 2-1
R 61 Madaket Road 12/12/1996 $0 0.1 Colonial 1,212 0.7 3 1-1
S 50 Madaket Road 6/23/1999 $850,000 0.1 Vacant Land 1.66 -
T 47 Madaket Road 9/5/2017 $2,250,000 0.1 Colonial 3,454 0.87 4 3-1
U 64 Madaket Road 9/1/2010 $760,000 0.1 Colonial 1,619 0.47 3 2-
V 48 Madaket Road 6/23/1999 $0 0.1 Vacant Land 2.59 -
W 55 Grove Lane 11/15/2019 $0 0.1 Custom Built 6,363 1.02 7 6-2
X 43 Madaket Road 7/7/2014 $0 0.1 Bungalow 1,063 1.6 2 2-
Y 35 Crooked Lane 8/8/2005 $0 0.1 Colonial 1,864 0.93 4 3-1
Averages 5661 days $832,832 0.08 --- 1,510 1.06 --- ---  
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
41 327 55 Madaket Road