11 First Way, Nantucket, MA 02554

Owner Information
Owner 1
Alan S W Reed
Owner 2
Crow Pasture Trust
Owner's Address
4308 Main St Rt 6a Yarmouthport, MA 02675
Market Sale Information
Most recent sale date
3/26/2004
Previous sale date
06/05/1996
Transfer document #
00880-0133
Previous transfer document
00506-0201
Grantor
Robert R Reed
Previous grantor
Charles H Duponte
Most recent sale price
$0.00
Previous sale price
$417,500.00
Site Information
Property ID
55-239-1
Lot Size
0.63
Use Code
104 - Residential, two family
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1997
Number of full baths
4
Condition
Number of half baths
Finished Area
2406
Number of Kitchen
1
Gross Living Area
3030
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
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
$659,600.00
Total value
$1,568,400.00
Building value
$908,800.00
Estimated tax
$4,909.00
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 11 First Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1997 Rooms Bedrooms 3 Full baths 4 Half baths Gross Living Area 3030 Heating Fuel Hot Water Detached Garage Lot Size 0.63 Roof Cover Asph/F Gls/Cmp AEM Value - Building $908,800.00 AEM Value - Land $659,600.00 AEM Value - Other $0.00 AEM Value - Total $1,568,400.00
A) 56 Fairgrounds Road 0.4 4/17/2024 $2,150,000 1,824 1 $1178.73 Cape Cod 1988 4 2 1 4739 Hot Water 0.73 Asph/F Gls/Cmp $646,900 $757,200 $0 $1,404,100
B) 19 Cynthia Lane 0.6 5/2/2024 $1,495,000 2,096 2 $713.26 Colonial 1999 5 3 3248 Hot Water 0.08 Asph/F Gls/Cmp $798,100 $375,300 $0 $1,173,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 11 First Way 3/26/2004 $0 0 Colonial 2,406 0.63 3 4- -
  Criteria
A 56 Fairgrounds Road 4/17/2024 $2,150,000 0.4 Cape Cod 1,824 0.73 4 2-1
B 19 Cynthia Lane 5/2/2024 $1,495,000 0.6 Colonial 2,096 0.08 5 3-
Averages 71 days $1,822,500 0.53 --- 1,960 0.41 --- ---  

Estimation of Market Value - $2,227,591

As of today, 07/04/2024, the estimated market value of 11 First Way, Nantucket considering the above 2 comparable properties is $2,227,591.

 

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
@ 11 First Way 3/26/2004 $0 0 Colonial 2,406 0.63 3 4- -
  Criteria
A 9 First Way 2/14/2014 $0 0.0 Colonial 1,154 0.23 4 3-1
B 13 Allens Lane 2/19/2013 $0 0.0 Cape Cod 1,755 0.31 3 2-
C 5 First Way 6/9/2015 $590,000 0.0 Cape Cod 1,722 0.33 4 1-1
D 11 Allens Lane 3/14/2018 $0 0.0 Ranch 1,092 0.23 3 1-
E 15 First Way 12/10/2009 $0 0.0 Colonial 2,194 0.61 4 4-
F 6 First Way 11/1/2016 $2,400,000 0.0 Colonial 1,407 0.12 3 2-1
G 9 Allens Lane 3/31/2022 $0 0.0 Cape Cod 1,817 0.23 4 3-
H 12 First Way 7/13/2015 $0 0.0 Colonial 1,917 0.38 2 2-1
I 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 1.17 -
J 12 Allens Lane 9/19/2013 $0 0.1 Family Conver. 1,080 0.26 2 2-
K 7 Allens Lane 6/11/1998 $3,000,000 0.1 Family Duplex 2,432 0.23 5 3-
L 19 First Way 12/31/2008 $0 0.1 Family Duplex 1,638 0.24 4 3-
M 14 First Way 8/12/1999 $0 0.1 Ranch 1,384 0.57 4 1-
N 3 First Way 12/19/2019 $0 0.1 Cape Cod 1,172 0.23 3 1-
O 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
P 10 Allens Lane 4/25/2007 $758,000 0.1 Family Duplex 2,240 0.23 5 4-
Q 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 0.65 -
R 3 Cow Pond Lane 12/10/2009 $0 0.1 Colonial 1,183 0.28 2 1-1
S 1 Cow Pond Lane 12/10/2009 $0 0.1 Family Duplex 1,904 0.24 4 2-
T 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
U 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
V 8 Allens Lane 10/6/2022 $0 0.1 Family Duplex 2,360 0.23 5 3-
W 14 Allens Lane 11/2/2005 $730,000 0.1 Ranch 1,928 0.16 4 2-
X 5 Allens Lane 8/9/2021 $1,395,000 0.1 Family Duplex 2,240 0.23 5 4-
Y 1 First Way 11/27/2020 $950,000 0.1 Ranch 1,124 0.18 3 1-1
Z 5 Cow Pond Lane 2/11/2014 $421,237 0.1 Family Duplex 3,021 0.23 6 4-
- 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
- 11 Cow Pond Lane 11/23/2021 $0 0.1 Family Duplex 2,345 0.34 8 5-
- 9 Cow Pond Lane 5/3/2005 $410,000 0.1 Colonial 1,904 0.23 4 2-1
- 23 Hooper Farm Road 3/12/2003 $0 0.1 Ranch 1,019 0.33 3 2-
- 25 Backus Lane 11/19/2001 $0 0.1 Vacant Land 0.98 -
- 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
- 21 Hooper Farm Road 6/14/2019 $1,365,000 0.1 Ranch 876 0.39 3 2-
- 25 Hooper Farm Road 8/25/2023 $1,395,000 0.1 Ranch 1,052 0.18 2 1-
- 29 Hooper Farm Road 4/19/2017 $0 0.1 Ranch 1,752 0.28 4 2-
- 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
- 4 Cartwright Place 3/3/2014 $549,000 0.1 Cottage 420 0.23 1 1-
- 42-R Sparks Avenue $0 0.1 Vacant Land 0.51 -
- 31 Hooper Farm Road 2/28/2001 $424,000 0.1 Ranch 1,500 0.29 3 2-
- 1 Allens Lane 3/10/2014 $0 0.1 Family Duplex 2,240 0.23 5 3-
- 2 Cow Pond Lane 8/22/2003 $0 0.1 Ranch 1,212 0.24 2 2-
- 4 Second Way 1/25/2005 $825,000 0.1 Ranch 1,262 0.11 2 2-
- 19-R Hooper Farm Road 10/24/2023 $1,300,000 0.1 Ranch 1,744 0.16 3 1-
- 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
- 4 Allens Lane 6/12/2012 $0 0.1 Family Duplex 2,240 0.23 5 4-
- 4 Cow Pond Lane 8/22/2003 $0 0.1 Ranch 728 0.23 2 1-1
- 2 Allens Lane 5/18/2021 $1,050,000 0.1 Family Duplex 2,240 0.23 6 2-
- 38 Sparks Avenue 9/1/2000 $0 0.1 Service Shop 7,310 0.92 4 2-
- 10 Backus Lane 12/29/1995 $500,000 0.1 Skating Rink 34,145 3.84 0 8-
- 6 Cow Pond Lane 8/22/2003 $0 0.1 Family Duplex 1,752 0.24 4 2-
- 8 Cow Pond Lane 8/22/2003 $0 0.1 Family Duplex 1,554 0.23 4 2-
- 33 Hooper Farm Road 6/15/2005 $643,500 0.1 Colonial 1,960 0.13 6 3-
- 24 Hooper Farm Road 5/7/2013 $0 0.1 Cape Cod 1,500 0.26 4 3-
- 21 Backus Lane 11/16/2001 $0 0.1 Vacant Land 0.95 -
- 35 Hooper Farm Road 3/31/1995 $209,000 0.1 Ranch 3,334 0.48 5 4-1
- 28 Hooper Farm Road 12/31/1998 $231,000 0.1 Bungalow 694 0.46 2 1-
- 22 Hooper Farm Road 3/17/2022 $0 0.1 Ranch 728 0.25 1 1-
- 40 Sparks Avenue $0 0.1 Vacant Land 0.84 -
- 15 Hooper Farm Road 10/5/1998 $0 0.1 Conventional 840 0.11 2 1-
- 20 Hooper Farm Road 12/10/2018 $0 0.1 Vacant Land 0.05 -
Averages 4933 days $389,079 0.08 --- 2,088 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
55 239 1 11 First Way