31 Madaket Road, Nantucket, MA 02554

31 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Richard C Wolfe
Owner 2
Pioneers Nom Trust
Owner's Address
P O Box 107 Newfields, NH 03856
Market Sale Information
Most recent sale date
12/4/2013
Previous sale date
06/02/1999
Transfer document #
01415-0236
Previous transfer document
00624-0077
Grantor
Richard C Wolfe
Previous grantor
Kerry Hallam
Most recent sale price
$0.00
Previous sale price
$577,000.00
Site Information
Property ID
41-408
Lot Size
1.31
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
6
Stories
2
Number of Beds
1
Year Built
1988
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1592
Number of Kitchen
1
Gross Living Area
2056
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,254,100.00
Total value
$2,414,500.00
Building value
$1,160,400.00
Estimated tax
$7,919.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
7 Skiff Lane3 Madaket Road23 West York Lane2 Wamasquid Place4 Sunset Hill Lane31 Madaket Road16 Federal Street21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 31 Madaket Road A) 3 Madaket RoadB) 4 Sunset Hill LaneC) 21 Pleasant StreetD) 16 Federal StreetE) 2 Wamasquid PlaceF) 23 West York LaneG) 7 Skiff Lane
Photo
Plan
Map
Proximity 0.20.50.70.70.80.81.0
Last Sold 12/3/20244/15/20253/20/20252/4/20252/13/20254/28/20253/27/2025
Price $2,000,000$3,200,000$7,375,000$5,100,000$2,500,000$1,725,000$1,700,000
Net Living Area 1,2421,8821,9361,5471,9661,3021,551
Stories 11.521.521.751.75
Sale Price/sft $0.00$1610.31$1700.32$3809.40$3296.70$1271.62$1324.88$1096.07
Style ColonialAntiqueConventionalConventionalConventionalColonialConventionalCape Cod
Age 19881884192619231900198519302008
Rooms 65
Bedrooms 13333323
Full baths 21212233
Half baths 12211
Gross Living Area 20562094399332661754437218462137
Heating Fuel Hot WaterHot WaterForced Air-DucHot WaterForced Air-DucElectr BasebrdHot WaterHot Water
Detached Garage
Lot Size 1.310.110.070.110.061.70.070.11
Roof Cover Wood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpWood Shingle
AEM Value - Building $1,160,400.00$540,600$1,037,600$2,690,500$1,165,200$950,900$1,223,000$776,600
AEM Value - Land $1,254,100.00$734,200$1,208,200$1,466,700$1,655,700$1,291,100$609,900$478,800
AEM Value - Other $0.00$0$0$0$0$0$0$0
AEM Value - Total $2,414,500.00$1,274,800$2,245,800$4,157,200$2,820,900$2,242,000$1,832,900$1,255,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Madaket Road 12/4/2013 $0 0 Colonial 1,592 1.31 1 2-1 -
  Criteria
A 3 Madaket Road 12/3/2024 $2,000,000 0.2 Antique 1,242 0.11 3 1-2
B 4 Sunset Hill Lane 4/15/2025 $3,200,000 0.5 Conventional 1,882 0.07 3 2-
C 21 Pleasant Street 3/20/2025 $7,375,000 0.7 Conventional 1,936 0.11 3 1-2
D 16 Federal Street 2/4/2025 $5,100,000 0.7 Conventional 1,547 0.06 3 2-1
E 2 Wamasquid Place 2/13/2025 $2,500,000 0.8 Colonial 1,966 1.7 3 2-
F 23 West York Lane 4/28/2025 $1,725,000 0.8 Conventional 1,302 0.07 2 3-
G 7 Skiff Lane 3/27/2025 $1,700,000 1.0 Cape Cod 1,551 0.11 3 3-1
Averages 87 days $3,371,429 0.67 --- 1,632 0.32 --- ---  

Estimation of Market Value - $3,444,040

As of today, 05/29/2025, the estimated market value of 31 Madaket Road, Nantucket considering the above 7 comparable properties is $3,444,040.

 

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
Copy to Clipboard
Subject Property5 Dukes Road38 Madaket Road9 Dukes Road8 Dukes Road22 Madaket Road11 Dukes Road40 Madaket Road24 Madaket Road36 Madaket Road2 Dukes Road6 Dukes Road34 Madaket Road29 Madaket Road15-B Madaket Road31 Madaket Road15 Meadow Lane32 Madaket Road17 Meadow Lane14 Meadow Lane4 Dukes Road35 Madaket Road23 Madaket Road18 Meadow Lane21 Madaket Road12 Meadow Lane21-R Madaket Road33 Madaket Road$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Madaket Road 12/4/2013 $0 0 Colonial 1,592 1.31 1 2-1 -
  Criteria
A 29 Madaket Road 10/28/2022 $0 0.0 Colonial 5,156 0.29 3 2-
B 23 Madaket Road 7/1/2022 $4,000,000 0.0 Conventional 2,033 0.72 3 2-
C 33 Madaket Road 12/14/2020 $5,122,500 0.0 Custom Built 4,453 1.18 4 6-1
D 21-R Madaket Road 7/26/2011 $0 0.0 Colonial 6,343 1.3 7 4-2
E 21 Madaket Road 4/30/2025 $5,450,000 0.1 Custom Built 2,468 0.37 4 3-2
F 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
G 22 Madaket Road 10/9/2013 $865,000 0.1 Cape Cod 1,882 0.1 3 4-
H 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
I 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
J 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
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 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
N 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
O 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
P 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
Q 36 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.83 -
R 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
S 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
T 36 Madaket Road 12/16/1994 $0 0.1 Cape Cod 1,968 0.5 3 2-
U 40 Grove Lane 6/20/2018 $1,650,000 0.1 Vacant Land 1.8 -
V 35 Madaket Road 6/20/2018 $1,650,000 0.1 Ranch 1,707 3.79 2 3-1
W 2 Dukes Road 11/2/2023 $5,501,100 0.1 Colonial 1,435 1.7 3 2-
X 4 Dukes Road 12/17/2021 $1,700,000 0.1 Colonial 1,911 0.47 4 3-
Y 15 Hedgebury Lane 11/6/2020 $3,061,250 0.1 Custom Built 2,740 0.46 4 4-1
Z 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
- 17 Meadow Lane 5/18/2004 $975,000 0.1 Ranch 2,350 0.49 2 2-
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
- 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 -
- 13 Hedgebury Lane 10/1/2021 $6,160,000 0.1 Custom Built 3,447 0.47 5 5-1
- 6 Dukes Road 8/29/2012 $0 0.1 Conventional 1,652 0.47 4 2-
- 15 Meadow Lane 10/25/2018 $0 0.1 Ranch 1,968 0.55 3 2-
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
- 11 Hedgebury Lane 5/16/2019 $5,050,000 0.1 Custom Built 4,148 0.47 5 6-1
- 8 Dukes Road 12/21/2020 $0 0.1 Colonial 1,408 0.47 3 1-1
- 40 Madaket Road 4/2/2004 $0 0.1 Cape Cod 1,482 0.5 3 1-1
Averages 3830 days $1,336,641 0.09 --- 2,188 0.74 --- ---  
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
41 408 31 Madaket Road