8 Chatham Road, Nantucket, MA 02554

8 Chatham Road Nantucket MA 02554
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Owner Information
Owner 1
Kevin M Ryder
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
5/28/2024
Previous sale date
1/7/1992
Transfer document #
D179664-0
Previous transfer document
C0015-0137
Grantor
Diane M Ryder
Previous grantor
Nancy M Gares
Most recent sale price
$10,252.00
Previous sale price
$99,000.00
Site Information
Property ID
54-230
Lot Size
1.41
Use Code
130 - Land, developable
Zoning
LUG1
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$2,404,600.00
Total value
$2,404,600.00
Building value
$0.00
Estimated tax
$7,526.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 8 Chatham Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 1.41 Roof Cover AEM Value - Building $0.00 AEM Value - Land $2,404,600.00 AEM Value - Other $0.00 AEM Value - Total $2,404,600.00
A) 7 Brewster Road 0.1 4/8/2024 $3,000,000 - Vacant Land 0.96 $0 $2,323,600 $0 $2,323,600
B) 10 York Street 0.8 8/1/2024 $5,650,000 - Vacant Land 0.11 $0 $1,008,300 $0 $1,008,300
C) 15 Parker Lane 0.9 7/17/2024 $3,500,000 - Vacant Land 0.23 $0 $695,500 $0 $695,500
D) 71 Fairgrounds Road 1.0 7/17/2024 $3,995,000 - Vacant Land 0.26 $0 $697,200 $0 $697,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Chatham Road 5/28/2024 $10,252 0 Vacant Land 1.41 - -
  Criteria
A 7 Brewster Road 4/8/2024 $3,000,000 0.1 Vacant Land 0.96 -
B 10 York Street 8/1/2024 $5,650,000 0.8 Vacant Land 0.11 -
C 15 Parker Lane 7/17/2024 $3,500,000 0.9 Vacant Land 0.23 -
D 71 Fairgrounds Road 7/17/2024 $3,995,000 1.0 Vacant Land 0.26 -
Averages 95 days $4,036,250 0.70 --- 0.39 --- ---  

Estimation of Market Value - $8,217,048

As of today, 09/29/2024, the estimated market value of 8 Chatham Road, Nantucket considering the above 4 comparable properties is $8,217,048.

 

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
@ 8 Chatham Road 5/28/2024 $10,252 0 Vacant Land 1.41 - -
  Criteria
A 10 Chatham Road 1/20/2022 $0 0.0 Colonial 2,284 0.47 3 2-
B 6 Sandwich Road 11/18/2021 $5,100,000 0.0 Custom Built 3,207 0.46 5 4-1
C 4 Polpis Road 5/23/2006 $0 0.0 Ranch 1,869 0.46 2 2-2
D 11 Chatham Road 4/25/2018 $0 0.0 Colonial 2,208 0.46 1 1-1
E 2 Polpis Road-Lot 188 10/24/2001 $0 0.0 Gar/Apt Res 1,092 0.29 3 1-1
F 12 Chatham Road 7/7/2017 $2,875,000 0.0 Colonial 3,918 0.49 5 4-1
G 11 Monomoy Road 6/14/2019 $8,100,000 0.0 Custom Built 4,164 0.69 7 4-1
H 13 Monomoy Road 9/12/2022 $0 0.1 Colonial 5,378 0.83 5 4-2
I 2 Polpis Road 10/24/2001 $0 0.1 Ranch 1,140 0.44 3 1-
J 13 Chatham Road 11/4/2022 $0 0.1 Cape Cod 1,423 0.46 3 2-
K 4 Sandwich Road 9/28/2018 $1,100,000 0.1 Vacant Land 0.29 -
L 9 Monomoy Road 11/20/2018 $0 0.1 Ranch 2,382 0.92 3 2-1
M 15 Monomoy Road 10/16/2000 $2,250,000 0.1 Colonial 2,912 0.36 4 4-1
N 10 Polpis Road 4/15/1999 $400,000 0.1 Service Shop 5,464 0.46 0 0-
O 12 Polpis Road 11/6/2009 $0 0.1 Colonial 3,224 0.92 4 3-1
P 5 Monomoy Road 9/5/2012 $2,240,000 0.1 Custom Built 2,984 0.38 4 4-1
Q 2 Sandwich Road 11/17/2020 $4,115,000 0.1 Cape Cod 4,339 1.6 4 5-
R 5 Chatham Road 7/25/2019 $0 0.1 Colonial 2,850 0.46 4 4-1
S 3 Chatham Road 9/4/2014 $1,720,000 0.1 Colonial 2,689 0.21 4 4-1
T 8 Monomoy Road 8/30/2022 $0 0.1 Custom Built 4,540 2.05 5 6-1
U 17 Monomoy Road 9/12/2022 $12,900,000 0.1 Custom Built 7,001 0.76 7 6-1
V 19 Monomoy Road 12/29/2010 $5,485,000 0.1 Custom Built 5,414 0.97 4 4-1
W 1 Chatham Road 4/26/2006 $0 0.1 Ranch 940 0.34 2 1-
X 8 Milestone Road 6/14/2007 $0 0.1 Cape Cod 3,013 0.16 4 5-
Y 5 Brewster Road 4/26/2021 $7,845,000 0.1 Custom Built 6,121 1.58 6 6-2
Z 16 Polpis Road 10/22/2004 $0 0.1 Ranch 1,176 0.52 3 1-
Averages 3892 days $2,081,923 0.07 --- 3,144 0.66 --- ---  
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
54 230 8 Chatham Road