5 Bailey Road, Nantucket, MA 02554

Owner Information
Owner 1
Veselin N Nikolov & Elena S
Owner 2
Owner's Address
P O Box 2986 Nantucket, MA 02584
Market Sale Information
Most recent sale date
6/2/2016
Previous sale date
03/15/2004
Transfer document #
01540-0334
Previous transfer document
00878-0162
Grantor
Mary M Filingeri
Previous grantor
Michelle M Tisler
Most recent sale price
$660,000.00
Previous sale price
$605,000.00
Site Information
Property ID
55-107-5
Lot Size
0.23
Use Code
109 - Multiple Houses on one parcel
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1995
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1764
Number of Kitchen
1
Gross Living Area
2543
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Salt Box
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
$637,700.00
Total value
$1,558,000.00
Building value
$920,300.00
Estimated tax
$4,876.00
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 5 Bailey Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $374.15 Style Colonial Age 1995 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 2543 Heating Fuel Hot Water Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $920,300.00 AEM Value - Land $637,700.00 AEM Value - Other $0.00 AEM Value - Total $1,558,000.00
A) 21 Pine Street 0.8 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 1.0 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
@ 5 Bailey Road 6/2/2016 $660,000 0 Colonial 1,764 0.23 3 1-1 -
  Criteria
A 21 Pine Street 3/13/2024 $3,725,000 0.8 Antique 1,449 0.1 3 3-
B 36 Union Street 1/29/2024 $3,500,000 1.0 Antique 1,697 0.21 4 3-
Averages 133 days $3,612,500 0.89 --- 1,573 0.15 --- ---  

Estimation of Market Value - $2,837,639

As of today, 07/02/2024, the estimated market value of 5 Bailey Road, Nantucket considering the above 2 comparable properties is $2,837,639.

 

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
@ 5 Bailey Road 6/2/2016 $660,000 0 Colonial 1,764 0.23 3 1-1 -
  Criteria
A 3 Bailey Road 1/24/2019 $645,000 0.0 Colonial 1,756 0.23 4 2-
B 1 Sea Fox Circle 7/17/2017 $720,000 0.0 Cape Cod 1,260 0.23 4 2-
C 3 Sea Fox Circle 11/2/2005 $795,000 0.0 Colonial 1,965 0.23 4 3-
D 6 Bailey Road 4/5/2013 $399,000 0.0 Colonial 1,848 0.23 3 2-
E 1 Bailey Road 5/4/2021 $550,000 0.0 Colonial 1,848 0.23 4 2-
F 8 Bailey Road 2/15/2018 $829,000 0.0 Cape Cod 1,260 0.23 4 2-
G 2 Sea Fox Circle 3/21/2022 $1,850,000 0.0 Family Duplex 2,464 0.24 6 4-
H 68 Cato Lane 10/1/2013 $760,000 0.0 Family Duplex 3,206 0.23 8 5-2
I 5 Sea Fox Circle 7/28/2021 $0 0.0 Cape Cod 2,712 0.23 6 3-
J 10 Bailey Road 11/8/2012 $460,000 0.0 Colonial 2,071 0.23 4 2-1
K 70 Cato Lane 10/9/2001 $0 0.0 Cape Cod 1,852 0.23 3 2-1
L 4 Sea Fox Circle 5/24/1996 $193,000 0.0 Colonial 1,890 0.23 4 2-
M 12 Bailey Road 2/7/2022 $0 0.0 Colonial 1,848 0.23 4 2-
N 7 Bailey Road 6/11/2014 $95,000 0.1 Colonial 1,680 0.23 3 2-
O 5 Skiff Lane 10/21/2016 $550,000 0.1 Cape Cod 914 0.14 3 3-
P 7 Skiff Lane 5/17/2019 $920,000 0.1 Cape Cod 1,551 0.11 3 3-1
Q 9 Pheasant Drive 11/18/2003 $570,375 0.1 Family Duplex 2,184 0.21 5 4-
R 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
S 7 Sea Fox Circle 8/3/2001 $462,000 0.1 Cape Cod 1,380 0.23 4 2-
T 14 Bailey Road 4/29/1992 $0 0.1 Family Duplex 2,464 0.23 5 4-
U 9 Bailey Road 7/1/2021 $1,600,000 0.1 Family Duplex 2,659 0.23 5 6-
V 6 Sea Fox Circle 1/24/2008 $0 0.1 Cape Cod 1,428 0.23 3 2-
W 7 Pheasant Drive 1/28/1988 $0 0.1 Ranch 1,411 0.33 3 2-
X 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
Y 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
Z 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
- 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
- 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
- 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
- 5 Pheasant Drive 3/14/1985 $35,000 0.1 Family Conver. 1,856 0.23 4 2-1
- 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
- 11 Bailey Road 8/16/2013 $580,000 0.1 Colonial 1,820 0.24 4 2-
- 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
- 3 Pheasant Drive 3/8/1996 $180,000 0.1 Cape Cod 1,260 0.23 3 2-
- 49 Cato Lane 6/22/2022 $0 0.1 Ranch 2,160 0.53 3 2-
- 1 White Whale Lane 11/21/2018 $460,000 0.1 Family Duplex 4,326 0.24 8 8-2
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
- 37 Tashama Lane 4/6/2017 $0 0.1 Cape Cod 1,692 0.31 3 2-
- 18 Bailey Road 5/18/2021 $0 0.1 Family Duplex 2,404 0.23 5 3-
- 31 Bartlett Road 9/4/1990 $185,000 0.1 Cape Cod 1,584 0.64 2 2-
- 15 Bailey Road 8/6/2015 $0 0.1 Family Duplex 2,464 0.24 6 4-
- 2 Corby Way 5/21/2019 $700,000 0.1 Colonial 1,330 0.23 3 2-
- 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
- 35 Tashama Lane 12/30/2020 $0 0.1 Cape Cod 3,636 0.27 6 4-
- 1 Pheasant Drive 9/21/1995 $0 0.1 Cottage 400 0.2 0 0-1
- 69 Cato Lane 1/7/2005 $0 0.1 Ranch 768 0.67 2 1-
- 25-R Bartlett Road 3/8/1999 $0 0.1 Colonial 1,792 0.2 4 1-1
- 22 Bailey Road 6/16/2020 $815,000 0.1 Cape Cod 1,944 0.23 4 2-
- 17 Bailey Road 2/11/2020 $800,000 0.1 Cape Cod 1,260 0.24 3 2-
- 33 Tashama Lane 5/23/1996 $0 0.1 Cape Cod 1,326 0.3 3 2-
- 25 Bartlett Road 3/8/1995 $180,000 0.1 Colonial 2,008 0.33 3 2-1
- 19 Friendship Lane 3/14/2003 $0 0.1 Colonial 1,875 0.5 4 2-
- 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
- 32 Tashama Lane 11/12/2009 $0 0.1 Cape Cod 1,404 0.31 3 2-
Averages 5236 days $335,525 0.08 --- 1,848 0.33 --- ---  
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 5 5 Bailey Road