37 Madaket Road, Nantucket, MA 02554

37 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Eli W Kaufman & Margaret
Owner 2
Owner's Address
37 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/16/2019
Previous sale date
08/01/2016
Transfer document #
01710-0069
Previous transfer document
01549-0043
Grantor
David Carreau
Previous grantor
Nancy M Moore
Most recent sale price
$1,400,000.00
Previous sale price
$1,025,000.00
Site Information
Property ID
41-411
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1978
Number of full baths
2
Condition
Number of half baths
Finished Area
1396
Number of Kitchen
1
Gross Living Area
2152
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
$1,250,000.00
Total value
$1,784,500.00
Building value
$534,500.00
Estimated tax
$5,585.00
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 37 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,002.87 Style Ranch Age 1978 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2152 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.61 Roof Cover Asph/F Gls/Cmp AEM Value - Building $534,500.00 AEM Value - Land $1,250,000.00 AEM Value - Other $0.00 AEM Value - Total $1,784,500.00
A) 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
B) 12 Pilgrim Road 0.4 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
C) 16 Derrymore Road 0.5 3/13/2024 $2,950,000 1,110 1.75 $2657.66 Antique 1890 3 2 2385 Radiant 0.17 Asph/F Gls/Cmp $899,400 $1,543,800 $0 $2,443,200
D) 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
E) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 37 Madaket Road 9/16/2019 $1,400,000 0 Ranch 1,396 0.61 3 2- -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.4 Conventional 1,698 0.14 3 1-1
B 12 Pilgrim Road 5/7/2024 $2,825,000 0.4 Ranch 1,365 0.17 3 1-
C 16 Derrymore Road 3/13/2024 $2,950,000 0.5 Antique 1,110 0.17 3 2-
D 33 West Chester Street 6/26/2024 $2,825,000 0.6 Bungalow 1,577 0.14 3 2-
E 38 Pine Street 1/31/2024 $2,225,000 0.8 Antique 1,707 0.07 3 1-1
Averages 74 days $3,010,000 0.53 --- 1,491 0.14 --- ---  

Estimation of Market Value - $2,594,665

As of today, 07/01/2024, the estimated market value of 37 Madaket Road, Nantucket considering the above 5 comparable properties is $2,594,665.

 

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
@ 37 Madaket Road 9/16/2019 $1,400,000 0 Ranch 1,396 0.61 3 2- -
  Criteria
A 39 Madaket Road 5/7/2018 $0 0.0 Cape Cod 1,512 0.57 3 3-
B 33 Madaket Road 12/14/2020 $5,122,500 0.0 Custom Built 4,453 1.18 4 6-1
C 35 Madaket Road 6/20/2018 $1,650,000 0.0 Ranch 1,707 3.79 2 3-1
D 36 Madaket Road 12/16/1994 $0 0.1 Cape Cod 1,968 0.5 3 2-
E 38 Madaket Road 7/1/2010 $500,000 0.1 Vacant Land 0.5 -
F 34 Madaket Road 8/23/2011 $0 0.1 Colonial 2,818 0.51 4 4-
G 40 Madaket Road 4/2/2004 $0 0.1 Cape Cod 1,482 0.5 3 1-1
H 41 Madaket Road 11/14/2013 $0 0.1 Colonial 2,016 1.8 4 3-
I 32 Madaket Road 5/19/2008 $0 0.1 Cape Cod 3,189 0.55 5 3-
J 42 Madaket Road 10/14/1988 $270,000 0.1 Cape Cod 1,404 0.5 3 2-
K 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
L 47 Madaket Road 9/5/2017 $2,250,000 0.1 Colonial 3,454 0.87 4 3-1
M 43 Madaket Road 7/7/2014 $0 0.1 Bungalow 1,063 1.6 2 2-
N 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
O 3 Tulip Lane 6/12/2003 $0 0.1 Cape Cod 2,677 0.48 5 2-1
P 44 Madaket Road 5/31/2001 $0 0.1 Colonial 2,697 0.5 2 3-1
Q 40 Grove Lane 6/20/2018 $1,650,000 0.1 Vacant Land 1.8 -
R 5 Dukes Road 1/13/2005 $0 0.1 Vacant Land 0.28 -
S 11 Dukes Road $0 0.1 Colonial 1,908 0.5 4 2-1
T 9 Dukes Road 7/1/2013 $0 0.1 Cape Cod 1,294 0.5 4 1-1
U 23 Madaket Road 7/1/2022 $4,000,000 0.1 Conventional 2,033 0.72 3 2-
V 4 Tulip Lane 12/9/1999 $300,000 0.1 Vacant Land 0.58 -
W 24 Madaket Road 1/13/2005 $0 0.1 Cape Cod 1,622 0.77 3 2-
X 13 Dukes Road 6/12/2003 $0 0.1 Vacant Land 0.47 -
Y 49-A Madaket Road 7/5/2018 $0 0.1 Colonial 2,271 0.5 4 3-1
Z 15 Dukes Road 1/21/1997 $0 0.1 Vacant Land 0.47 -
- 21-R Madaket Road 7/26/2011 $0 0.1 Colonial 6,343 1.3 7 4-2
- 36 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.83 -
- 38 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.16 -
- 46 Madaket Road 6/23/1999 $0 0.1 Vacant Land 1.48 -
- 17 Dukes Road 12/1/2017 $0 0.1 Colonial 918 0.57 1 1-1
- 22 Madaket Road 10/9/2013 $865,000 0.1 Cape Cod 1,882 0.1 3 4-
- 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
- 21 Madaket Road 9/15/2014 $2,750,000 0.1 Custom Built 2,468 0.37 4 3-2
- 54 Grove Lane 11/27/2019 $0 0.1 Vacant Land 2.01 -
Averages 4892 days $557,929 0.09 --- 1,832 0.9 --- ---  
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
41 411 37 Madaket Road