50 Monomoy Road, Nantucket, MA 02554

50 Monomoy Road Nantucket MA 02554
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Owner Information
Owner 1
Cary M Schwartz & Elaine L
Owner 2
Owner's Address
36 Post House Rd Morristown, NJ 07960
Market Sale Information
Most recent sale date
10/14/2003
Previous sale date
10/01/1986
Transfer document #
C0020937-
Previous transfer document
C0012-0663
Grantor
Richard L Matthews
Previous grantor
Most recent sale price
$11,000,000.00
Previous sale price
$1,850,000.00
Site Information
Property ID
43-45
Lot Size
0.74
Use Code
101 - Residential, single family
Zoning
LUG1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1910
Number of full baths
4
Condition
Number of half baths
1
Finished Area
4261
Number of Kitchen
1
Gross Living Area
6062
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$21,448,400.00
Total value
$24,387,200.00
Building value
$2,938,800.00
Estimated tax
$76,331.00
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 50 Monomoy Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,581.55 Style Colonial Age 1910 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 6062 Heating Fuel Hot Water Detached Garage Lot Size 0.74 Roof Cover Wood Shingle AEM Value - Building $2,938,800.00 AEM Value - Land $21,448,400.00 AEM Value - Other $0.00 AEM Value - Total $24,387,200.00
A) 25 Union Street 0.8 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
B) 12 Tawpoot Road 1.0 9/30/2024 $4,000,000 3,333 1.75 $1200.12 Custom Built 1986 4 3 5192 Hot Water 0.69 Asph/F Gls/Cmp $2,092,700 $764,300 $0 $2,857,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Monomoy Road 10/14/2003 $11,000,000 0 Colonial 4,261 0.74 4 4-1 -
  Criteria
A 25 Union Street 8/19/2024 $2,365,000 0.8 Antique 3,537 0.14 5 2-1
B 12 Tawpoot Road 9/30/2024 $4,000,000 1.0 Custom Built 3,333 0.69 4 3-
Averages 26 days $3,182,500 0.88 --- 3,435 0.41 --- ---  

Estimation of Market Value - $12,198,543

As of today, 10/05/2024, the estimated market value of 50 Monomoy Road, Nantucket considering the above 2 comparable properties is $12,198,543.

 

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
@ 50 Monomoy Road 10/14/2003 $11,000,000 0 Colonial 4,261 0.74 4 4-1 -
  Criteria
A 48 Monomoy Road 12/10/2013 $18,000,000 0.0 Custom Built 5,709 0.99 5 5-1
B 52 Monomoy Road 5/24/2012 $0 0.0 Colonial 3,588 1.01 5 3-1
C 0 Monomoy Road 10/14/2003 $11,000,000 0.0 Vacant Land 0.16 -
D 0 Monomoy 5/24/2012 $0 0.0 Vacant Land 0.26 -
E 46 Monomoy Road 1/17/2020 $3,300,000 0.0 Colonial 4,127 0.34 5 5-2
F 0 Monomoy Road 12/28/2007 $0 0.1 Vacant Land 0.05 -
G 54 Monomoy Road 12/24/2012 $0 0.1 Colonial 4,533 0.59 6 4-1
H 17 Berkeley Avenue 9/7/2006 $0 0.1 Custom Built 7,852 1.78 4 5-2
I 0 Monomoy 9/9/2003 $6,000,000 0.1 Vacant Land 0.14 -
J 56 Monomoy Road 8/21/2020 $16,500,000 0.1 Custom Built 6,842 1.16 3 4-1
K 44 Monomoy Road 8/2/2021 $15,100,000 0.1 Custom Built 4,934 1.27 5 5-
L 10 Berkeley Avenue 9/7/2006 $0 0.1 Colonial 6,103 0.92 5 3-2
M 45 Monomoy Road 8/17/2007 $6,700,000 0.1 Custom Built 4,843 1.42 5 5-1
N 21 Berkeley Avenue 6/30/2023 $38,127,500 0.1 Custom Built 8,849 3.56 4 4-1
O 59 Monomoy Road 7/18/2017 $0 0.1 Colonial 3,389 1.33 3 4-1
P 42 Monomoy Road 10/27/2017 $4,987,875 0.1 Colonial 3,378 0.46 4 5-1
Q 60 Monomoy Road 2/14/2019 $0 0.1 Colonial 5,042 1.19 4 3-1
Averages 4137 days $7,042,081 0.07 --- 4,070 0.98 --- ---  
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
43 45 50 Monomoy Road