15 First Way, Nantucket, MA 02554

15 First Way Nantucket MA 02554
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Owner Information
Owner 1
Alan S W Reed
Owner 2
15 First Wy Nom Trust
Owner's Address
4308 Main St Rt 6a Yarmouthport, MA 02675
Market Sale Information
Most recent sale date
12/10/2009
Previous sale date
06/05/1996
Transfer document #
01210-0296
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
55-239-3
Lot Size
0.61
Use Code
104 - Residential, two family
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1998
Number of full baths
4
Condition
Number of half baths
Finished Area
2194
Number of Kitchen
2
Gross Living Area
4796
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
$658,400.00
Total value
$1,799,100.00
Building value
$1,140,700.00
Estimated tax
$5,631.00
Yard improvement value
$0.00
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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 15 First Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1998 Rooms Bedrooms 4 Full baths 4 Half baths Gross Living Area 4796 Heating Fuel Hot Water Detached Garage Lot Size 0.61 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,140,700.00 AEM Value - Land $658,400.00 AEM Value - Other $0.00 AEM Value - Total $1,799,100.00
A) 56 Fairgrounds Road 0.5 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
@ 15 First Way 12/10/2009 $0 0 Colonial 2,194 0.61 4 4- -
  Criteria
A 56 Fairgrounds Road 4/17/2024 $2,150,000 0.5 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 - $2,292,151

As of today, 07/04/2024, the estimated market value of 15 First Way, Nantucket considering the above 2 comparable properties is $2,292,151.

 

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
@ 15 First Way 12/10/2009 $0 0 Colonial 2,194 0.61 4 4- -
  Criteria
A 19 First Way 12/31/2008 $0 0.0 Family Duplex 1,638 0.24 4 3-
B 3 Cow Pond Lane 12/10/2009 $0 0.0 Colonial 1,183 0.28 2 1-1
C 1 Cow Pond Lane 12/10/2009 $0 0.0 Family Duplex 1,904 0.24 4 2-
D 11 First Way 3/26/2004 $0 0.0 Colonial 2,406 0.63 3 4-
E 9 First Way 2/14/2014 $0 0.0 Colonial 1,154 0.23 4 3-1
F 5 Cow Pond Lane 2/11/2014 $421,237 0.0 Family Duplex 3,021 0.23 6 4-
G 0 Cow Pond 12/31/2008 $0 0.0 Vacant Land 0.65 -
H 14 First Way 8/12/1999 $0 0.0 Ranch 1,384 0.57 4 1-
I 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
J 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 1.17 -
K 12 First Way 7/13/2015 $0 0.1 Colonial 1,917 0.38 2 2-1
L 9 Cow Pond Lane 5/3/2005 $410,000 0.1 Colonial 1,904 0.23 4 2-1
M 13 Allens Lane 2/19/2013 $0 0.1 Cape Cod 1,755 0.31 3 2-
N 11 Allens Lane 3/14/2018 $0 0.1 Ranch 1,092 0.23 3 1-
O 6 First Way 11/1/2016 $2,400,000 0.1 Colonial 1,407 0.12 3 2-1
P 5 First Way 6/9/2015 $590,000 0.1 Cape Cod 1,722 0.33 4 1-1
Q 11 Cow Pond Lane 11/23/2021 $0 0.1 Family Duplex 2,345 0.34 8 5-
R 9 Allens Lane 3/31/2022 $0 0.1 Cape Cod 1,817 0.23 4 3-
S 2 Cow Pond Lane 8/22/2003 $0 0.1 Ranch 1,212 0.24 2 2-
T 4 Cow Pond Lane 8/22/2003 $0 0.1 Ranch 728 0.23 2 1-1
U 7 Allens Lane 6/11/1998 $3,000,000 0.1 Family Duplex 2,432 0.23 5 3-
V 25 Backus Lane 11/19/2001 $0 0.1 Vacant Land 0.98 -
W 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
X 42-R Sparks Avenue $0 0.1 Vacant Land 0.51 -
Y 6 Cow Pond Lane 8/22/2003 $0 0.1 Family Duplex 1,752 0.24 4 2-
Z 10 Backus Lane 12/29/1995 $500,000 0.1 Skating Rink 34,145 3.84 0 8-
- 8 Cow Pond Lane 8/22/2003 $0 0.1 Family Duplex 1,554 0.23 4 2-
- 5 Allens Lane 8/9/2021 $1,395,000 0.1 Family Duplex 2,240 0.23 5 4-
- 12 Allens Lane 9/19/2013 $0 0.1 Family Conver. 1,080 0.26 2 2-
- 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
- 10 Allens Lane 4/25/2007 $758,000 0.1 Family Duplex 2,240 0.23 5 4-
- 3 First Way 12/19/2019 $0 0.1 Cape Cod 1,172 0.23 3 1-
- 8 Allens Lane 10/6/2022 $0 0.1 Family Duplex 2,360 0.23 5 3-
- 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
- 14 Allens Lane 11/2/2005 $730,000 0.1 Ranch 1,928 0.16 4 2-
- 1 Allens Lane 3/10/2014 $0 0.1 Family Duplex 2,240 0.23 5 3-
- 21 Backus Lane 11/16/2001 $0 0.1 Vacant Land 0.95 -
- 1 First Way 11/27/2020 $950,000 0.1 Ranch 1,124 0.18 3 1-1
- 38 Sparks Avenue 9/1/2000 $0 0.1 Service Shop 7,310 0.92 4 2-
- 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
- 0 First Way $0 0.1 Vacant Land 0.25 -
- 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
- 40 Sparks Avenue $0 0.1 Vacant Land 0.84 -
- 23 Hooper Farm Road 3/12/2003 $0 0.1 Ranch 1,019 0.33 3 2-
- 4 Cartwright Place 3/3/2014 $549,000 0.1 Cottage 420 0.23 1 1-
- 42 Sparks Avenue $0 0.1 Vacant Land 0.32 -
- 21 Hooper Farm Road 6/14/2019 $1,365,000 0.1 Ranch 876 0.39 3 2-
- 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
- 29 Hooper Farm Road 4/19/2017 $0 0.1 Ranch 1,752 0.28 4 2-
- 2 Allens Lane 5/18/2021 $1,050,000 0.1 Family Duplex 2,240 0.23 6 2-
- 25 Hooper Farm Road 8/25/2023 $1,395,000 0.1 Ranch 1,052 0.18 2 1-
- 4 Allens Lane 6/12/2012 $0 0.1 Family Duplex 2,240 0.23 5 4-
- 44 Sparks Avenue $0 0.1 Vacant Land 0.36 -
Averages 4771 days $371,929 0.08 --- 2,111 0.41 --- ---  
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 3 15 First Way