1 First Way, Nantucket, MA 02554

Owner Information
Owner 1
David M McDougal
Owner 2
Owner's Address
P O Box 91 Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/27/2020
Previous sale date
06/02/1994
Transfer document #
1783-337
Previous transfer document
00448-0063
Grantor
Geoffrey S Morrell
Previous grantor
Ronald F Allen
Most recent sale price
$950,000.00
Previous sale price
$85,000.00
Site Information
Property ID
55-217
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1960
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1124
Number of Kitchen
1
Gross Living Area
2108
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$447,500.00
Total value
$1,413,300.00
Building value
$965,800.00
Estimated tax
$4,423.00
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 1 First Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $845.20 Style Ranch Age 1960 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 2108 Heating Fuel Hot Water Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $965,800.00 AEM Value - Land $447,500.00 AEM Value - Other $0.00 AEM Value - Total $1,413,300.00
A) 31 Surfside Road 0.4 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 First Way 11/27/2020 $950,000 0 Ranch 1,124 0.18 3 1-1 -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.4 Cape Cod 1,404 0.15 3 2-
Averages 45 days $2,125,000 0.37 --- 1,404 0.15 --- ---  

Estimation of Market Value - $2,317,615

As of today, 07/06/2024, the estimated market value of 1 First Way, Nantucket considering the above 1 comparable properties is $2,317,615.

 

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
@ 1 First Way 11/27/2020 $950,000 0 Ranch 1,124 0.18 3 1-1 -
  Criteria
A 25 Hooper Farm Road 8/25/2023 $1,395,000 0.0 Ranch 1,052 0.18 2 1-
B 23 Hooper Farm Road 3/12/2003 $0 0.0 Ranch 1,019 0.33 3 2-
C 3 First Way 12/19/2019 $0 0.0 Cape Cod 1,172 0.23 3 1-
D 12 Allens Lane 9/19/2013 $0 0.0 Family Conver. 1,080 0.26 2 2-
E 21 Hooper Farm Road 6/14/2019 $1,365,000 0.0 Ranch 876 0.39 3 2-
F 29 Hooper Farm Road 4/19/2017 $0 0.0 Ranch 1,752 0.28 4 2-
G 10 Allens Lane 4/25/2007 $758,000 0.0 Family Duplex 2,240 0.23 5 4-
H 14 Allens Lane 11/2/2005 $730,000 0.0 Ranch 1,928 0.16 4 2-
I 22 Hooper Farm Road 3/17/2022 $0 0.0 Ranch 728 0.25 1 1-
J 19-R Hooper Farm Road 10/24/2023 $1,300,000 0.0 Ranch 1,744 0.16 3 1-
K 24 Hooper Farm Road 5/7/2013 $0 0.0 Cape Cod 1,500 0.26 4 3-
L 5 First Way 6/9/2015 $590,000 0.0 Cape Cod 1,722 0.33 4 1-1
M 13 Allens Lane 2/19/2013 $0 0.0 Cape Cod 1,755 0.31 3 2-
N 20 Hooper Farm Road 12/10/2018 $0 0.0 Vacant Land 0.05 -
O 31 Hooper Farm Road 2/28/2001 $424,000 0.1 Ranch 1,500 0.29 3 2-
P 8 Allens Lane 10/6/2022 $0 0.1 Family Duplex 2,360 0.23 5 3-
Q 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
R 28 Hooper Farm Road 12/31/1998 $231,000 0.1 Bungalow 694 0.46 2 1-
S 11 Allens Lane 3/14/2018 $0 0.1 Ranch 1,092 0.23 3 1-
T 18 Hooper Farm Road 12/10/2018 $0 0.1 Colonial 2,134 0.33 5 2-
U 4 Cartwright Place 3/3/2014 $549,000 0.1 Cottage 420 0.23 1 1-
V 9 Allens Lane 3/31/2022 $0 0.1 Cape Cod 1,817 0.23 4 3-
W 24 Waydale Road 4/25/2005 $0 0.1 Family Duplex 3,410 0.23 9 7-
X 9 First Way 2/14/2014 $0 0.1 Colonial 1,154 0.23 4 3-1
Y 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
Z 30 Hooper Farm Road 12/15/1998 $265,000 0.1 Ranch 1,717 0.17 2 1-
- 15 Hooper Farm Road 10/5/1998 $0 0.1 Conventional 840 0.11 2 1-
- 6 First Way 11/1/2016 $2,400,000 0.1 Colonial 1,407 0.12 3 2-1
- 11 First Way 3/26/2004 $0 0.1 Colonial 2,406 0.63 3 4-
- 7 Allens Lane 6/11/1998 $3,000,000 0.1 Family Duplex 2,432 0.23 5 3-
- 16 Hooper Farm Road 7/16/1984 $50,000 0.1 Family Conver. 1,536 0.23 4 2-
- 3 Waydale Road 1/6/2012 $575,000 0.1 Service Shop 6,280 0.64 2 2-
- 21 Waydale Road 7/11/2023 $1,800,000 0.1 Cape Cod 1,404 0.23 4 2-
- 33 Hooper Farm Road 6/15/2005 $643,500 0.1 Colonial 1,960 0.13 6 3-
- 4 Second Way 1/25/2005 $825,000 0.1 Ranch 1,262 0.11 2 2-
- 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
- 13 Hooper Farm Road $0 0.1 Ranch 1,664 0.14 4 2-
- 22 Waydale Road 10/28/2008 $0 0.1 Cape Cod 3,716 0.56 4 4-
- 32 Hooper Farm Road 10/2/2000 $350,000 0.1 Cape Cod 2,406 0.42 4 3-
- 2 Waydale Road 5/4/2007 $650,000 0.1 Family Duplex 1,677 0.35 3 2-
- 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
- 5 Allens Lane 8/9/2021 $1,395,000 0.1 Family Duplex 2,240 0.23 5 4-
- 12 First Way 7/13/2015 $0 0.1 Colonial 1,917 0.38 2 2-1
- 11 Hooper Farm Road 9/23/2022 $0 0.1 Ranch 1,560 0.65 4 2-1
- 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 1.17 -
- 4 Allens Lane 6/12/2012 $0 0.1 Family Duplex 2,240 0.23 5 4-
- 4 Trotters Lane 8/1/1989 $0 0.1 Clubs/Lodges 2,016 0.24 0 2-
- 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
- 35 Hooper Farm Road 3/31/1995 $209,000 0.1 Ranch 3,334 0.48 5 4-1
- 19-C Waydale Road 9/7/2018 $435,000 0.1 Cape Cod 680 0.09 1 1-
- 2 Allens Lane 5/18/2021 $1,050,000 0.1 Family Duplex 2,240 0.23 6 2-
- 12 Hooper Farm Road 4/16/2008 $0 0.1 Ranch 2,380 0.94 3 1-
- 9 Hooper Farm Road 8/27/2003 $0 0.1 Cape Cod 1,721 0.5 3 2-
- 15 First Way 12/10/2009 $0 0.1 Colonial 2,194 0.61 4 4-
- 34-R Hooper Farm Road 6/11/1996 $0 0.1 Cape Cod 1,125 0.11 3 2-
- 4 Waydale Road 10/7/1999 $0 0.1 Ranch 1,056 0.33 3 2-
- 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
- 7 Waydale Road 4/9/2015 $450,000 0.1 Ranch 1,184 0.47 2 2-1
- 20 Waydale Road 11/21/2005 $813,000 0.1 Cape Cod 2,464 0.31 4 3-
- 1 Allens Lane 3/10/2014 $0 0.1 Family Duplex 2,240 0.23 5 3-
- 4 Rustys Way 2/21/2017 $1,060,000 0.1 Family Duplex 2,496 0.43 5 5-
- 34 Hooper Farm Road 6/11/1996 $0 0.1 Ranch 640 0.07 2 1-
- 6 Trotters Lane 12/30/1987 $200,000 0.1 Colonial 1,370 0.09 3 1-1
- 6 Rustys Way 10/28/2008 $0 0.1 Family Duplex 2,028 0.26 4 4-
- 14 First Way 8/12/1999 $0 0.1 Ranch 1,384 0.57 4 1-
- 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 0.65 -
- 5 Ramos Court 12/7/2015 $0 0.1 Service Shop 3,075 0.57 0 1-
- 7 Hooper Farm Road 8/12/2004 $0 0.1 Cape Cod 1,404 0.25 3 2-
- 24 Sparks Avenue 2/22/2021 $2,650,000 0.1 Ranch 1,074 0.25 3 1-
Averages 5157 days $440,022 0.08 --- 1,740 0.32 --- ---  
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
55 217 1 First Way