7 Bailey Road, Nantucket, MA 02554

7 Bailey Road Nantucket MA 02554
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Owner Information
Owner 1
Pamela J Marken
Owner 2
Owner's Address
7 Bailey Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/11/2014
Previous sale date
01/25/2012
Transfer document #
01438-0103
Previous transfer document
01310-0281
Grantor
Demosthenes A Marken
Previous grantor
Demosthenes A Marken
Most recent sale price
$95,000.00
Previous sale price
$0.00
Site Information
Property ID
55-107-3
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1995
Number of full baths
2
Condition
Number of half baths
Finished Area
1680
Number of Kitchen
1
Gross Living Area
2915
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gambrel
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
$638,300.00
Total value
$1,263,800.00
Building value
$625,500.00
Estimated tax
$3,955.00
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 7 Bailey Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $56.55 Style Colonial Age 1995 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2915 Heating Fuel Hot Water Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $625,500.00 AEM Value - Land $638,300.00 AEM Value - Other $0.00 AEM Value - Total $1,263,800.00
A) 8 Essex Road 0.2 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
B) 8 Luff Road 0.2 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
C) 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
D) 15 Bear Street 0.7 9/24/2024 $1,640,000 1,303 1 $1258.63 Cape Cod 1982 3 1 1 2040 Forced Air-Duc 0.12 Asph/F Gls/Cmp $488,400 $489,000 $0 $977,400
E) 35 Pleasant Street 0.7 9/17/2024 $3,735,000 1,680 1 $2223.21 Bungalow 1927 2 1 4002 Hot Water 0.23 Asph/F Gls/Cmp $659,500 $1,555,200 $0 $2,214,700
F) 17 Pleasant Street 0.8 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
G) 11 Newtown Road 0.8 8/29/2024 $1,550,000 1,371 1 $1130.56 Ranch 1966 3 2 2634 Hot Water 0.24 Asph/F Gls/Cmp $712,800 $638,100 $0 $1,350,900
H) 149 Main Street 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Bailey Road 6/11/2014 $95,000 0 Colonial 1,680 0.23 3 2- -
  Criteria
A 8 Essex Road 5/15/2024 $1,900,000 0.2 Colonial 1,872 0.31 3 3-
B 8 Luff Road 5/9/2024 $1,900,000 0.2 Ranch 1,894 0.36 3 2-
C 31 Surfside Road 5/23/2024 $2,125,000 0.3 Cape Cod 1,404 0.15 3 2-
D 15 Bear Street 9/24/2024 $1,640,000 0.7 Cape Cod 1,303 0.12 3 1-1
E 35 Pleasant Street 9/17/2024 $3,735,000 0.7 Bungalow 1,680 0.23 2 1-
F 17 Pleasant Street 7/5/2024 $3,715,000 0.8 Antique 2,100 0.09 2 3-
G 11 Newtown Road 8/29/2024 $1,550,000 0.8 Ranch 1,371 0.24 3 2-
H 149 Main Street 5/17/2024 $4,225,000 0.9 Conventional 1,698 0.14 3 1-1
Averages 86 days $2,598,750 0.59 --- 1,665 0.21 --- ---  

Estimation of Market Value - $2,223,754

As of today, 09/30/2024, the estimated market value of 7 Bailey Road, Nantucket considering the above 8 comparable properties is $2,223,754.

 

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
@ 7 Bailey Road 6/11/2014 $95,000 0 Colonial 1,680 0.23 3 2- -
  Criteria
A 9 Bailey Road 7/1/2021 $1,600,000 0.0 Family Duplex 2,659 0.23 5 6-
B 2 Sea Fox Circle 3/21/2022 $1,850,000 0.0 Family Duplex 2,464 0.24 6 4-
C 9 Pheasant Drive 11/18/2003 $570,375 0.0 Family Duplex 2,184 0.21 5 4-
D 7 Pheasant Drive 1/28/1988 $0 0.0 Ranch 1,411 0.33 3 2-
E 14 Bailey Road 4/29/1992 $0 0.0 Family Duplex 2,464 0.23 5 4-
F 12 Bailey Road 2/7/2022 $0 0.0 Colonial 1,848 0.23 4 2-
G 11 Bailey Road 8/16/2013 $580,000 0.0 Colonial 1,820 0.24 4 2-
H 4 Sea Fox Circle 5/24/1996 $193,000 0.0 Colonial 1,890 0.23 4 2-
I 10 Bailey Road 11/8/2012 $460,000 0.0 Colonial 2,071 0.23 4 2-1
J 15 Bailey Road 8/6/2015 $0 0.0 Family Duplex 2,464 0.24 6 4-
K 5 Pheasant Drive 3/14/1985 $35,000 0.0 Family Conver. 1,856 0.23 4 2-1
L 8 Bailey Road 2/15/2018 $829,000 0.1 Cape Cod 1,260 0.23 4 2-
M 5 Bailey Road 6/2/2016 $660,000 0.1 Colonial 1,764 0.23 3 1-1
N 1 Sea Fox Circle 7/17/2017 $720,000 0.1 Cape Cod 1,260 0.23 4 2-
O 18 Bailey Road 5/18/2021 $0 0.1 Family Duplex 2,404 0.23 5 3-
P 3 Sea Fox Circle 11/2/2005 $795,000 0.1 Colonial 1,965 0.23 4 3-
Q 37 Tashama Lane 4/6/2017 $0 0.1 Cape Cod 1,692 0.31 3 2-
R 3 Pheasant Drive 3/8/1996 $180,000 0.1 Cape Cod 1,260 0.23 3 2-
S 6 Sea Fox Circle 1/24/2008 $0 0.1 Cape Cod 1,428 0.23 3 2-
T 5 Sea Fox Circle 7/28/2021 $0 0.1 Cape Cod 2,712 0.23 6 3-
U 6 Bailey Road 4/5/2013 $399,000 0.1 Colonial 1,848 0.23 3 2-
V 17 Bailey Road 2/11/2020 $800,000 0.1 Cape Cod 1,260 0.24 3 2-
W 2 Corby Way 5/21/2019 $700,000 0.1 Colonial 1,330 0.23 3 2-
X 22 Bailey Road 6/16/2020 $815,000 0.1 Cape Cod 1,944 0.23 4 2-
Y 7 Sea Fox Circle 8/3/2001 $462,000 0.1 Cape Cod 1,380 0.23 4 2-
Z 3 Bailey Road 1/24/2019 $645,000 0.1 Colonial 1,756 0.23 4 2-
- 25-R Bartlett Road 3/8/1999 $0 0.1 Colonial 1,792 0.2 4 1-1
- 5 Skiff Lane 10/21/2016 $550,000 0.1 Cape Cod 914 0.14 3 3-
- 7 Skiff Lane 5/17/2019 $920,000 0.1 Cape Cod 1,551 0.11 3 3-1
- 35 Tashama Lane 12/30/2020 $0 0.1 Cape Cod 3,636 0.27 6 4-
- 25 Bartlett Road 3/8/1995 $180,000 0.1 Colonial 2,008 0.33 3 2-1
- 4 Cedar Circle 5/16/2018 $1,375,000 0.1 Family Duplex 2,464 0.23 6 4-
- 32 Tashama Lane 11/12/2009 $0 0.1 Cape Cod 1,404 0.31 3 2-
- 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
- 2 Cedar Circle 6/22/2017 $930,000 0.1 Colonial 2,240 0.23 3 2-1
- 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
- 24 Bailey Road 6/9/2021 $0 0.1 Family Duplex 2,464 0.23 6 4-
- 1 Pheasant Drive 9/21/1995 $0 0.1 Cottage 400 0.2 0 0-1
- 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
- 23-A Bartlett Road Unit A 2/8/2008 $575,000 0.1 Condominium 1,768 0 5 3-
- 23-B Bartlett Road Unit B 7/27/2007 $880,000 0.1 Affordable Hsg 644 0 1 1-
- 31 Bartlett Road 9/4/1990 $185,000 0.1 Cape Cod 1,584 0.64 2 2-
- 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
- 33 Tashama Lane 5/23/1996 $0 0.1 Cape Cod 1,326 0.3 3 2-
- 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
- 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
- 30 Tashama Lane 9/22/2023 $2,600,000 0.1 Cape Cod 1,623 0.26 3 2-
- 1 White Whale Lane 11/21/2018 $460,000 0.1 Family Duplex 4,326 0.24 8 8-2
- 1 Cedar Circle 7/28/2021 $0 0.1 Colonial 1,680 0.23 4 2-
- 3 Cedar Circle 1/3/1996 $65,000 0.1 Cape Cod 1,428 0.19 4 2-
- 8 Cedar Circle 10/27/2005 $955,000 0.1 Colonial 2,488 0.25 4 2-1
- 21 Bartlett Road 10/23/2020 $882,875 0.1 Cape Cod 1,344 0.23 3 3-1
- 28 Tashama Lane 12/6/1985 $147,000 0.1 Cape Cod 1,135 0.26 2 1-
- 1 Essex Road 2/17/2015 $0 0.1 Four Family 5,214 0.27 8 9-
- 31 Tashama Lane 7/13/1989 $77,000 0.1 Colonial 2,464 0.28 4 2-1
- 24 Bartlett Road 8/17/2016 $0 0.1 Colonial 3,528 0.75 4 3-
- 5 Cedar Circle 8/27/2001 $0 0.1 Ranch 1,254 0.41 3 2-
- 10 Cedar Circle 5/26/2017 $250,000 0.1 Cape Cod 1,624 0.25 3 1-
- 3 Essex Road 3/24/2000 $417,100 0.1 Colonial 3,154 0.14 7 3-
- 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
- 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
- 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
- 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
- 26 Tashama Lane 11/25/2019 $0 0.1 Cape Cod 1,830 0.23 3 3-
- 9 Cedar Circle 12/19/2012 $470,000 0.1 Colonial 2,033 0.23 5 3-
Averages 5334 days $435,498 0.08 --- 1,973 0.27 --- ---  
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
55 107 3 7 Bailey Road