5 First Way, Nantucket, MA 02554

5 First Way Nantucket MA 02554
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Owner Information
Owner 1
Christopher J Skehel
Owner 2
Owner's Address
91 Washington St Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/9/2015
Previous sale date
06/05/2007
Transfer document #
01486-0031
Previous transfer document
01085-0013
Grantor
Linda M True
Previous grantor
Calvin Avery
Most recent sale price
$590,000.00
Previous sale price
$0.00
Site Information
Property ID
55-237
Lot Size
0.33
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1965
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1722
Number of Kitchen
1
Gross Living Area
3022
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$643,000.00
Total value
$1,199,300.00
Building value
$556,300.00
Estimated tax
$3,753.00
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 5 First Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $342.62 Style Cape Cod Age 1965 Rooms Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area 3022 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.33 Roof Cover Asph/F Gls/Cmp AEM Value - Building $556,300.00 AEM Value - Land $643,000.00 AEM Value - Other $0.00 AEM Value - Total $1,199,300.00
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) 7 Yompasham Lane 0.4 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
C) 121 Orange Street 0.4 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
D) 8 Essex Road 0.5 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
E) 4 York Street 0.6 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
F) 16 Polliwog Pond Road 0.6 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
G) 38 Pine Street 0.7 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
H) 8 Luff Road 0.8 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
I) 108 Main Street 0.9 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 First Way 6/9/2015 $590,000 0 Cape Cod 1,722 0.33 4 1-1 -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.3 Cape Cod 1,404 0.15 3 2-
B 7 Yompasham Lane 2/14/2024 $2,262,500 0.4 Conventional 1,878 0.25 3 3-
C 121 Orange Street 3/1/2024 $800,000 0.4 Antique 1,574 0.3 3 1-
D 8 Essex Road 5/15/2024 $1,900,000 0.5 Colonial 1,872 0.31 3 3-
E 4 York Street 3/28/2024 $2,175,000 0.6 Antique 1,489 0.07 3 2-
F 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.6 Cape Cod 1,830 0.24 5 2-
G 38 Pine Street 1/31/2024 $2,225,000 0.7 Antique 1,707 0.07 3 1-1
H 8 Luff Road 5/9/2024 $1,900,000 0.8 Ranch 1,894 0.36 3 2-
I 108 Main Street 3/19/2024 $4,500,000 0.9 Antique 2,005 0.17 6 4-1
Averages 106 days $2,237,500 0.58 --- 1,739 0.21 --- ---  

Estimation of Market Value - $1,829,629

As of today, 07/04/2024, the estimated market value of 5 First Way, Nantucket considering the above 9 comparable properties is $1,829,629.

 

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
@ 5 First Way 6/9/2015 $590,000 0 Cape Cod 1,722 0.33 4 1-1 -
  Criteria
A 13 Allens Lane 2/19/2013 $0 0.0 Cape Cod 1,755 0.31 3 2-
B 9 First Way 2/14/2014 $0 0.0 Colonial 1,154 0.23 4 3-1
C 11 First Way 3/26/2004 $0 0.0 Colonial 2,406 0.63 3 4-
D 6 First Way 11/1/2016 $2,400,000 0.0 Colonial 1,407 0.12 3 2-1
E 3 First Way 12/19/2019 $0 0.0 Cape Cod 1,172 0.23 3 1-
F 11 Allens Lane 3/14/2018 $0 0.0 Ranch 1,092 0.23 3 1-
G 12 Allens Lane 9/19/2013 $0 0.0 Family Conver. 1,080 0.26 2 2-
H 14 Allens Lane 11/2/2005 $730,000 0.0 Ranch 1,928 0.16 4 2-
I 17 Allens Lane 10/28/2020 $615,000 0.0 Conventional 1,714 0.12 4 1-
J 1 First Way 11/27/2020 $950,000 0.0 Ranch 1,124 0.18 3 1-1
K 7 Second Way 12/8/2023 $1,600,000 0.0 Colonial 2,050 0.24 4 1-1
L 10 Allens Lane 4/25/2007 $758,000 0.0 Family Duplex 2,240 0.23 5 4-
M 12 First Way 7/13/2015 $0 0.0 Colonial 1,917 0.38 2 2-1
N 9 Allens Lane 3/31/2022 $0 0.1 Cape Cod 1,817 0.23 4 3-
O 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
P 29 Hooper Farm Road 4/19/2017 $0 0.1 Ranch 1,752 0.28 4 2-
Q 23 Hooper Farm Road 3/12/2003 $0 0.1 Ranch 1,019 0.33 3 2-
R 25 Hooper Farm Road 8/25/2023 $1,395,000 0.1 Ranch 1,052 0.18 2 1-
S 15 First Way 12/10/2009 $0 0.1 Colonial 2,194 0.61 4 4-
T 8 Allens Lane 10/6/2022 $0 0.1 Family Duplex 2,360 0.23 5 3-
U 7 Allens Lane 6/11/1998 $3,000,000 0.1 Family Duplex 2,432 0.23 5 3-
V 21 Hooper Farm Road 6/14/2019 $1,365,000 0.1 Ranch 876 0.39 3 2-
W 31 Hooper Farm Road 2/28/2001 $424,000 0.1 Ranch 1,500 0.29 3 2-
X 14 First Way 8/12/1999 $0 0.1 Ranch 1,384 0.57 4 1-
Y 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 1.17 -
Z 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
- 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
- 4 Second Way 1/25/2005 $825,000 0.1 Ranch 1,262 0.11 2 2-
- 5 Allens Lane 8/9/2021 $1,395,000 0.1 Family Duplex 2,240 0.23 5 4-
- 4 Cartwright Place 3/3/2014 $549,000 0.1 Cottage 420 0.23 1 1-
- 19 First Way 12/31/2008 $0 0.1 Family Duplex 1,638 0.24 4 3-
- 19-R Hooper Farm Road 10/24/2023 $1,300,000 0.1 Ranch 1,744 0.16 3 1-
- 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 0.65 -
- 24 Hooper Farm Road 5/7/2013 $0 0.1 Cape Cod 1,500 0.26 4 3-
- 28 Hooper Farm Road 12/31/1998 $231,000 0.1 Bungalow 694 0.46 2 1-
- 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
- 33 Hooper Farm Road 6/15/2005 $643,500 0.1 Colonial 1,960 0.13 6 3-
- 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
- 22 Hooper Farm Road 3/17/2022 $0 0.1 Ranch 728 0.25 1 1-
- 25 Backus Lane 11/19/2001 $0 0.1 Vacant Land 0.98 -
- 3 Cow Pond Lane 12/10/2009 $0 0.1 Colonial 1,183 0.28 2 1-1
- 1 Cow Pond Lane 12/10/2009 $0 0.1 Family Duplex 1,904 0.24 4 2-
- 35 Hooper Farm Road 3/31/1995 $209,000 0.1 Ranch 3,334 0.48 5 4-1
- 30 Hooper Farm Road 12/15/1998 $265,000 0.1 Ranch 1,717 0.17 2 1-
- 20 Hooper Farm Road 12/10/2018 $0 0.1 Vacant Land 0.05 -
- 18 Hooper Farm Road 12/10/2018 $0 0.1 Colonial 2,134 0.33 5 2-
- 24 Waydale Road 4/25/2005 $0 0.1 Family Duplex 3,410 0.23 9 7-
- 5 Cow Pond Lane 2/11/2014 $421,237 0.1 Family Duplex 3,021 0.23 6 4-
- 15 Hooper Farm Road 10/5/1998 $0 0.1 Conventional 840 0.11 2 1-
- 4 Allens Lane 6/12/2012 $0 0.1 Family Duplex 2,240 0.23 5 4-
- 1 Allens Lane 3/10/2014 $0 0.1 Family Duplex 2,240 0.23 5 3-
- 11 Cow Pond Lane 11/23/2021 $0 0.1 Family Duplex 2,345 0.34 8 5-
- 32 Hooper Farm Road 10/2/2000 $350,000 0.1 Cape Cod 2,406 0.42 4 3-
- 9 Cow Pond Lane 5/3/2005 $410,000 0.1 Colonial 1,904 0.23 4 2-1
- 2 Allens Lane 5/18/2021 $1,050,000 0.1 Family Duplex 2,240 0.23 6 2-
- 13 Hooper Farm Road $0 0.1 Ranch 1,664 0.14 4 2-
- 42-R Sparks Avenue $0 0.1 Vacant Land 0.51 -
- 24 Allens Lane 8/18/2017 $0 0.1 Vacant Land 0.24 -
- 16 Hooper Farm Road 7/16/1984 $50,000 0.1 Family Conver. 1,536 0.23 4 2-
- 21 Backus Lane 11/16/2001 $0 0.1 Vacant Land 0.95 -
- 34-R Hooper Farm Road 6/11/1996 $0 0.1 Cape Cod 1,125 0.11 3 2-
- 4 Trotters Lane 8/1/1989 $0 0.1 Clubs/Lodges 2,016 0.24 0 2-
- 11 Hooper Farm Road 9/23/2022 $0 0.1 Ranch 1,560 0.65 4 2-1
Averages 5056 days $363,805 0.08 --- 1,537 0.31 --- ---  
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
55 237 5 First Way