8 Bailey Road, Nantucket, MA 02554

Owner Information
Owner 1
Kirk A Baker & Benzie Jennifer L
Owner 2
Owner's Address
8 Bailey Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
2/15/2018
Previous sale date
05/05/2017
Transfer document #
01634-0064
Previous transfer document
01590-0249
Grantor
8 Bailey Rd LLC
Previous grantor
Jeffrey Weiner
Most recent sale price
$829,000.00
Previous sale price
$583,000.00
Site Information
Property ID
55-106-4
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1995
Number of full baths
2
Condition
Number of half baths
Finished Area
1260
Number of Kitchen
1
Gross Living Area
2076
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
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$637,500.00
Total value
$1,116,300.00
Building value
$478,800.00
Estimated tax
$3,494.00
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 8 Bailey Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $657.94 Style Cape Cod Age 1995 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 2076 Heating Fuel Hot Water Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $478,800.00 AEM Value - Land $637,500.00 AEM Value - Other $0.00 AEM Value - Total $1,116,300.00
A) 31 Surfside Road 0.3 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
B) 3 Back Street 0.7 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
C) 1 Back Street 0.8 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
D) 121 Orange Street 0.8 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
E) 4 York Street 0.8 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Bailey Road 2/15/2018 $829,000 0 Cape Cod 1,260 0.23 4 2- -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.3 Cape Cod 1,404 0.15 3 2-
B 3 Back Street 1/2/2024 $2,900,000 0.7 Ranch 1,344 0.12 3 2-
C 1 Back Street 1/2/2024 $2,900,000 0.8 Colonial 1,520 0.12 2 2-
D 121 Orange Street 3/1/2024 $800,000 0.8 Antique 1,574 0.3 3 1-
E 4 York Street 3/28/2024 $2,175,000 0.8 Antique 1,489 0.07 3 2-
Averages 125 days $2,180,000 0.69 --- 1,466 0.15 --- ---  

Estimation of Market Value - $1,815,176

As of today, 07/02/2024, the estimated market value of 8 Bailey Road, Nantucket considering the above 5 comparable properties is $1,815,176.

 

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
@ 8 Bailey Road 2/15/2018 $829,000 0 Cape Cod 1,260 0.23 4 2- -
  Criteria
A 10 Bailey Road 11/8/2012 $460,000 0.0 Colonial 2,071 0.23 4 2-1
B 6 Bailey Road 4/5/2013 $399,000 0.0 Colonial 1,848 0.23 3 2-
C 5 Skiff Lane 10/21/2016 $550,000 0.0 Cape Cod 914 0.14 3 3-
D 7 Skiff Lane 5/17/2019 $920,000 0.0 Cape Cod 1,551 0.11 3 3-1
E 12 Bailey Road 2/7/2022 $0 0.0 Colonial 1,848 0.23 4 2-
F 5 Bailey Road 6/2/2016 $660,000 0.0 Colonial 1,764 0.23 3 1-1
G 3 Bailey Road 1/24/2019 $645,000 0.0 Colonial 1,756 0.23 4 2-
H 2 Sea Fox Circle 3/21/2022 $1,850,000 0.0 Family Duplex 2,464 0.24 6 4-
I 14 Bailey Road 4/29/1992 $0 0.0 Family Duplex 2,464 0.23 5 4-
J 1 Skiff Lane 5/21/2003 $0 0.0 Family Duplex 3,584 0.23 4 4-2
K 1 Sea Fox Circle 7/17/2017 $720,000 0.0 Cape Cod 1,260 0.23 4 2-
L 52 Cato Lane 6/22/1990 $150,000 0.0 Colonial 810 0.51 2 1-
M 7 Bailey Road 6/11/2014 $95,000 0.1 Colonial 1,680 0.23 3 2-
N 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
O 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
P 3 Sea Fox Circle 11/2/2005 $795,000 0.1 Colonial 1,965 0.23 4 3-
Q 9 Bailey Road 7/1/2021 $1,600,000 0.1 Family Duplex 2,659 0.23 5 6-
R 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
S 9 Pheasant Drive 11/18/2003 $570,375 0.1 Family Duplex 2,184 0.21 5 4-
T 4 Sea Fox Circle 5/24/1996 $193,000 0.1 Colonial 1,890 0.23 4 2-
U 5 Sea Fox Circle 7/28/2021 $0 0.1 Cape Cod 2,712 0.23 6 3-
V 37 Tashama Lane 4/6/2017 $0 0.1 Cape Cod 1,692 0.31 3 2-
W 7 Pheasant Drive 1/28/1988 $0 0.1 Ranch 1,411 0.33 3 2-
X 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
Y 49 Cato Lane 6/22/2022 $0 0.1 Ranch 2,160 0.53 3 2-
Z 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
- 11 Bailey Road 8/16/2013 $580,000 0.1 Colonial 1,820 0.24 4 2-
- 35 Tashama Lane 12/30/2020 $0 0.1 Cape Cod 3,636 0.27 6 4-
- 18 Bailey Road 5/18/2021 $0 0.1 Family Duplex 2,404 0.23 5 3-
- 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
- 7 Sea Fox Circle 8/3/2001 $462,000 0.1 Cape Cod 1,380 0.23 4 2-
- 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
- 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
- 33 Tashama Lane 5/23/1996 $0 0.1 Cape Cod 1,326 0.3 3 2-
- 15 Bailey Road 8/6/2015 $0 0.1 Family Duplex 2,464 0.24 6 4-
- 6 Sea Fox Circle 1/24/2008 $0 0.1 Cape Cod 1,428 0.23 3 2-
- 5 Pheasant Drive 3/14/1985 $35,000 0.1 Family Conver. 1,856 0.23 4 2-1
- 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
- 22 Bailey Road 6/16/2020 $815,000 0.1 Cape Cod 1,944 0.23 4 2-
- 3 Pheasant Drive 3/8/1996 $180,000 0.1 Cape Cod 1,260 0.23 3 2-
- 32 Tashama Lane 11/12/2009 $0 0.1 Cape Cod 1,404 0.31 3 2-
- 31 Tashama Lane 7/13/1989 $77,000 0.1 Colonial 2,464 0.28 4 2-1
- 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
- 17 Bailey Road 2/11/2020 $800,000 0.1 Cape Cod 1,260 0.24 3 2-
- 46 Cato Lane 2/11/2009 $0 0.1 Colonial 2,438 2.25 4 3-
- 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
- 2 Corby Way 5/21/2019 $700,000 0.1 Colonial 1,330 0.23 3 2-
- 30 Tashama Lane 9/22/2023 $2,600,000 0.1 Cape Cod 1,623 0.26 3 2-
- 24 Bailey Road 6/9/2021 $0 0.1 Family Duplex 2,464 0.23 6 4-
- 25-R Bartlett Road 3/8/1999 $0 0.1 Colonial 1,792 0.2 4 1-1
- 1 White Whale Lane 11/21/2018 $460,000 0.1 Family Duplex 4,326 0.24 8 8-2
- 45 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 2.8 -
- 28 Tashama Lane 12/6/1985 $147,000 0.1 Cape Cod 1,135 0.26 2 1-
- 31 Bartlett Road 9/4/1990 $185,000 0.1 Cape Cod 1,584 0.64 2 2-
- 29 Tashama Lane 11/15/2022 $1,885,000 0.1 Cape Cod 2,114 0.35 3 3-1
- 4 Cedar Circle 5/16/2018 $1,375,000 0.1 Family Duplex 2,464 0.23 6 4-
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
Averages 5044 days $444,796 0.08 --- 1,905 0.39 --- ---  
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
55 106 4 8 Bailey Road