29 Madaket Road, Nantucket, MA 02554

29 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Kathleen Kelm Cronin
Owner 2
Owner's Address
29 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/28/2022
Previous sale date
Transfer document #
1917-73
Previous transfer document
00138-0018
Grantor
Lawrence J Cronin
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
41-407
Lot Size
0.29
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1968
Number of full baths
2
Condition
Number of half baths
Finished Area
5156
Number of Kitchen
1
Gross Living Area
5420
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Wall Brd/Wood
Floor type
Minimum/Plywd
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,179,500.00
Total value
$2,379,000.00
Building value
$1,199,500.00
Estimated tax
$7,446.00
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 29 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1968 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 5420 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.29 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,199,500.00 AEM Value - Land $1,179,500.00 AEM Value - Other $0.00 AEM Value - Total $2,379,000.00
A) 3 Sherburne Way 0.9 5/30/2024 $8,000,000 4,626 1 $1729.36 Ranch 1960 5 4 6685 Hot Water 2.39 Wood Shingle $2,964,300 $22,912,800 $0 $25,877,100
B) 16 Walsh Street 0.9 8/21/2024 $287,500 4,133 2 $69.56 Colonial 1960 7 4 1 5889 Electr Basebrd 0.28 Asph/F Gls/Cmp $2,554,200 $2,264,700 $0 $4,818,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 29 Madaket Road 10/28/2022 $0 0 Colonial 5,156 0.29 3 2- -
  Criteria
A 3 Sherburne Way 5/30/2024 $8,000,000 0.9 Ranch 4,626 2.39 5 4-
B 16 Walsh Street 8/21/2024 $287,500 0.9 Colonial 4,133 0.28 7 4-1
Averages 82 days $4,143,750 0.91 --- 4,380 1.34 --- ---  

Estimation of Market Value - $2,760,374

As of today, 09/30/2024, the estimated market value of 29 Madaket Road, Nantucket considering the above 2 comparable properties is $2,760,374.

 

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
@ 29 Madaket Road 10/28/2022 $0 0 Colonial 5,156 0.29 3 2- -
  Criteria
A 31 Madaket Road 12/4/2013 $0 0.0 Colonial 1,592 1.31 1 2-1
B 23 Madaket Road 7/1/2022 $4,000,000 0.0 Conventional 2,033 0.72 3 2-
C 21-R Madaket Road 7/26/2011 $0 0.0 Colonial 6,343 1.3 7 4-2
D 21 Madaket Road 9/15/2014 $2,750,000 0.0 Custom Built 2,468 0.37 4 3-2
E 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
F 22 Madaket Road 10/9/2013 $865,000 0.1 Cape Cod 1,882 0.1 3 4-
G 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
H 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
I 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
J 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
K 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
L 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
M 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
N 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
O 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
P 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
Q 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
R 2 Dukes Road 11/2/2023 $5,501,100 0.1 Colonial 1,435 1.7 3 2-
S 15 Hedgebury Lane 11/6/2020 $3,061,250 0.1 Custom Built 2,740 0.46 4 4-1
T 36 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.83 -
U 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
V 13 Hedgebury Lane 10/1/2021 $6,160,000 0.1 Custom Built 3,447 0.47 5 5-1
W 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
X 36 Madaket Road 12/16/1994 $0 0.1 Cape Cod 1,968 0.5 3 2-
Y 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
Z 40 Grove Lane 6/20/2018 $1,650,000 0.1 Vacant Land 1.8 -
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
- 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
- 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
- 35 Madaket Road 6/20/2018 $1,650,000 0.1 Ranch 1,707 3.79 2 3-1
- 17 Meadow Lane 5/18/2004 $975,000 0.1 Ranch 2,350 0.49 2 2-
- 38 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.16 -
- 38 Madaket Road 7/1/2010 $500,000 0.1 Vacant Land 0.5 -
- 15 Meadow Lane 10/25/2018 $0 0.1 Ranch 1,968 0.55 3 2-
- 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
- 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
- 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
Averages 3663 days $1,363,878 0.09 --- 2,166 0.77 --- ---  
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
41 407 29 Madaket Road