38-40 Cliff Road, Nantucket, MA 02554

38 40 Cliff Road Nantucket MA 02554
Owner Information
Owner 1
Joseph R Motta Jr
Owner 2
Owner's Address
421 12Th Avenue South Unit A-5 Naples, FL 34102
Market Sale Information
Most recent sale date
10/27/2015
Previous sale date
12/14/2012
Transfer document #
01508-0179
Previous transfer document
01359-0173
Grantor
Horace Hanford Smith
Previous grantor
George H Tilghman
Most recent sale price
$2,300,000.00
Previous sale price
$1,625,000.00
Site Information
Property ID
4244-43
Lot Size
0.22
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1809
Number of full baths
2
Condition
Number of half baths
Finished Area
1540
Number of Kitchen
1
Gross Living Area
2770
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
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
2024
Land Value
$2,248,200.00
Total value
$3,631,800.00
Building value
$1,383,600.00
Estimated tax
$11,367.00
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 38-40 Cliff Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,493.51 Style Antique Age 1809 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2770 Heating Fuel Hot Water Detached Garage Lot Size 0.22 Roof Cover Wood Shingle AEM Value - Building $1,383,600.00 AEM Value - Land $2,248,200.00 AEM Value - Other $0.00 AEM Value - Total $3,631,800.00
A) 21 Pine Street 0.7 3/13/2024 $3,725,000 1,449 1.75 $2570.74 Antique 1850 3 3 1910 Hot Water 0.1 Asph/F Gls/Cmp $1,214,300 $2,091,700 $0 $3,306,000
B) 36 Union Street 0.8 1/29/2024 $3,500,000 1,697 1.75 $2062.46 Antique 1800 4 3 2051 Hot Water 0.21 Asph/F Gls/Cmp $1,379,400 $2,245,400 $0 $3,624,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38-40 Cliff Road 10/27/2015 $2,300,000 0 Antique 1,540 0.22 3 2- -
  Criteria
A 21 Pine Street 3/13/2024 $3,725,000 0.7 Antique 1,449 0.1 3 3-
B 36 Union Street 1/29/2024 $3,500,000 0.8 Antique 1,697 0.21 4 3-
Averages 132 days $3,612,500 0.73 --- 1,573 0.15 --- ---  

Estimation of Market Value - $3,661,338

As of today, 07/01/2024, the estimated market value of 38-40 Cliff Road, Nantucket considering the above 2 comparable properties is $3,661,338.

 

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
@ 38-40 Cliff Road 10/27/2015 $2,300,000 0 Antique 1,540 0.22 3 2- -
  Criteria
A 36 Cliff Road 6/30/2022 $3,200,000 0.0 Antique 2,136 0.08 4 2-1
B 42 Cliff Road 3/1/1990 $150,000 0.0 Bungalow 616 0.06 2 1-
C 38-R Cliff Road 10/9/2015 $4,992,000 0.0 Outbuildings 0.13 -
D 34-R Cliff Road 11/7/2008 $2,075,000 0.0 Antique 1,674 0.09 4 3-
E 36-R Cliff Road 10/9/2015 $4,992,000 0.0 Custom Built 5,752 0.18 5 6-2
F 44 Cliff Road 1/20/2017 $2,150,000 0.0 Antique 3,827 0.17 4 4-2
G 34 Cliff Road 10/2/2017 $2,200,000 0.0 Antique 2,276 0.09 4 4-1
H 35-A Cliff Road 7/16/2004 $9,750,000 0.0 Vacant Land 0.12 -
I 30 Cliff Road 3/16/2001 $0 0.0 Conventional 2,045 0.24 5 4-
J 33 Cliff Road 5/18/2021 $0 0.0 Colonial 5,863 0.62 5 8-
K 46 Cliff Road 12/20/2021 $0 0.0 Antique 4,901 0.19 5 5-
L 35 Cliff Road 7/16/2004 $9,750,000 0.0 Custom Built 6,128 0.54 5 5-1
M 39 Cliff Road 4/4/2023 $8,500,000 0.0 Custom Built 4,639 0.19 4 3-2
N 28 Cliff Road 10/22/2010 $0 0.0 Colonial 5,451 0.15 6 6-3
O 37 Cliff Road 12/23/2004 $2,700,000 0.0 Cape Cod 2,684 0.17 5 3-
P 29 Cliff Road 10/6/2022 $0 0.0 Antique 4,402 0.25 5 9-
Q 24 Cliff Road $0 0.1 Antique 3,479 1.04 5 5-1
R 27 Cliff Road 8/26/2019 $0 0.1 Antique 6,073 0.52 5 6-
S 41-A Cliff Road 6/12/2017 $0 0.1 Cape Cod 5,403 0.4 4 5-1
T 22 Cliff Road 9/14/2021 $1,975,000 0.1 Antique 1,610 0.07 4 2-1
U 20 Cliff Road 5/9/2023 $5,100,000 0.1 Antique 3,583 0.15 5 4-1
V 5 Folger Lane 9/19/2014 $4,000,000 0.1 Colonial 4,958 0.14 5 5-
W 7 Folger Lane 12/22/2020 $0 0.1 Colonial 5,572 0.17 5 7-
X 3 Folger Lane 9/1/2005 $2,950,000 0.1 Colonial 5,272 0.13 5 6-1
Y 48 Cliff Road $0 0.1 Vacant Land 8.18 -
Z 43 Cliff Road 5/24/2002 $0 0.1 Custom Built 5,978 0.7 5 6-1
- 18 Cliff Road 9/22/2020 $5,100,000 0.1 Custom Built 4,337 0.18 5 5-1
- 10 Folger Lane 4/17/2009 $0 0.1 Vacant Land 0.49 -
- 6 Folger Lane 10/28/2016 $0 0.1 Colonial 3,182 0.15 4 4-1
- 8 Folger Lane 10/15/2009 $2,325,000 0.1 Colonial 3,821 0.14 4 5-1
- 41-B Cliff Road 9/3/2021 $7,000,000 0.1 Antique 3,478 0.59 4 4-1
- 21 Cliff Road 3/2/2011 $0 0.1 Antique 5,531 0.42 5 5-2
- 2 Folger Lane 4/16/2015 $0 0.1 Bungalow 968 0.2 3 1-1
- 45 Cliff Road 10/15/2020 $20,000,000 0.1 Mansion 6,531 0.76 5 4-3
- 23 Cliff Road 8/25/2003 $0 0.1 Antique 3,715 1.26 6 7-1
- 17 Cliff Road 8/24/2022 $0 0.1 Antique 3,912 0.15 5 4-1
- 16 Cliff Road 10/4/2018 $5,050,000 0.1 Antique 3,999 0.35 5 4-1
- 6 Kite Hill Lane 2/25/2022 $7,550,000 0.1 Colonial 4,498 0.29 5 4-1
- 52 Cliff Road 6/5/2007 $1,495,000 0.1 Cape Cod 2,592 0.14 4 3-
- 0 North Avenue 12/30/1999 $0 0.1 Vacant Land 0.42 -
- 50 Cliff Road $355,000 0.1 Aptovrret/Off 2,351 0.95 3 3-
- 10 Stone Barn Way 7/8/2019 $1,600,000 0.1 Colonial 1,288 0.13 2 2-1
- 6 Vinecliff Lane 5/20/2015 $10,350,000 0.1 Antique 5,716 0.48 5 5-1
- 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
- 2 Vinecliff Lane 6/1/2020 $6,000,000 0.1 Guest Quarters 608 0.25 1 1-1
- 12 Stone Barn Way 8/9/1994 $187,500 0.1 Ranch 960 0.11 3 2-
- 56 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.42 -
- 1 Kite Hill Lane 4/23/2021 $2,217,700 0.1 Antique 893 0.05 2 2-1
- 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
- 25 West Chester Street 7/11/2022 $0 0.1 Antique 2,036 0.25 4 2-
- 50 North Beach Street 11/16/2021 $3,375,000 0.1 Colonial 2,000 0.11 4 3-1
- 30 North Beach Street 12/16/2021 $38,070,000 0.1 Motel 4,481 3.49 0 0-
- 54 Cliff Road 7/17/2013 $0 0.1 Cape Cod 2,316 0.14 4 3-
- 58 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 21 West Chester Street 7/1/2022 $5,411,000 0.1 Antique 2,483 0.14 4 4-1
Averages 3861 days $3,362,004 0.08 --- 3,114 0.5 --- ---  
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
4244 43 38-40 Cliff Road