3 Madison Court, Nantucket, MA 02554

3 Madison Court Nantucket MA 02554
Owner Information
Owner 1
Blue Hills Bank
Owner 2
C/O Rtc-Facilities Dept
Owner's Address
288 Union St Rockland, MA 02370
Market Sale Information
Most recent sale date
1/21/2014
Previous sale date
05/17/2002
Transfer document #
01421-0065
Previous transfer document
00756-0276
Grantor
Nantucket Bank
Previous grantor
Nantucket Waterview Assoc
Most recent sale price
$10,730,000.00
Previous sale price
$650,000.00
Site Information
Property ID
55-622
Lot Size
0.12
Use Code
104 - Residential, two family
Zoning
R1
Building Style
Family Duplex
Number of Rooms
10
Stories
2
Number of Beds
5
Year Built
2000
Number of full baths
4
Condition
Number of half baths
Finished Area
2672
Number of Kitchen
1
Gross Living Area
4508
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
2025
Land Value
$500,800.00
Total value
$1,704,300.00
Building value
$1,203,500.00
Estimated tax
$5,590.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
52 Essex Road3 Madison Court$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 3 Madison Court A) 52 Essex Road
Photo
Plan
Map
Proximity 0.9
Last Sold 4/25/2025
Price $1,775,000
Net Living Area 2,206
Stories 1
Sale Price/sft $4,015.72$804.62
Style Family DuplexFamily Duplex
Age 20001999
Rooms 10
Bedrooms 56
Full baths 44
Half baths 2
Gross Living Area 45082924
Heating Fuel Hot WaterHot Water
Detached Garage
Lot Size 0.120.12
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,203,500.00$859,000
AEM Value - Land $500,800.00$323,000
AEM Value - Other $0.00$0
AEM Value - Total $1,704,300.00$1,182,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Madison Court 1/21/2014 $10,730,000 0 Family Duplex 2,672 0.12 5 4- -
  Criteria
A 52 Essex Road 4/25/2025 $1,775,000 0.9 Family Duplex 2,206 0.12 6 4-2
Averages 5 days $1,775,000 0.92 --- 2,206 0.12 --- ---  

Estimation of Market Value - $2,354,644

As of today, 04/30/2025, the estimated market value of 3 Madison Court, Nantucket considering the above 1 comparable properties is $2,354,644.

 

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
Subject Property3 Spruce Street16 Williams Street7 Cherry Street15 Cherry Street128 Orange Street9 Cherry Street18 Williams Street84 Pleasant Street126 Orange Street5 Spruce Street86 Pleasant Street113 Orange Street6 Back Street11 Williams Street107 Orange Street111 Orange Street4-A Back Street3 Madison Court4-B Back Street8-R Back Street2 Back Street115 Orange Street109 Orange Street110 Pleasant Street129 Orange Street127 Orange Street100 Pleasant Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Madison Court 1/21/2014 $10,730,000 0 Family Duplex 2,672 0.12 5 4- -
  Criteria
A 1 Madison Court 7/8/2004 $2,000,000 0.0 Family Duplex 2,964 0.12 6 5-
B 5 Bear Street 7/3/2003 $80,000 0.0 Colonial 1,974 0.21 2 2-1
C 5 Madison Court 3/13/2020 $0 0.0 Family Duplex 2,672 0.24 5 5-2
D 3 Bear Street 12/19/2023 $1,590,000 0.0 Antique 2,867 0.2 3 2-
E 11 Bear Street 12/21/2020 $0 0.0 Ranch 1,345 0.3 3 2-
F 6 Cherry Street 5/13/2016 $1,315,000 0.0 Colonial 1,821 0.13 3 3-
G 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.0 Conventional 903 0.21 2 1-
H 8 Cherry Street 12/8/2017 $900,000 0.0 Antique 1,472 0.14 4 2-
I 121 Orange Street 3/1/2024 $800,000 0.0 Antique 1,574 0.3 3 1-
J 13 Bear Street 2/11/2019 $0 0.0 Condominium 784 0 2 1-
K 13-R Bear Street 9/30/2013 $675,000 0.0 Condominium 1,496 0 4 2-1
L 125 Orange Street 5/31/2019 $2,405,000 0.0 Aptovrret/Off 3,483 0.18 1 2-1
M 4 Cherry Street 11/25/2019 $865,000 0.0 Bungalow 868 0.18 2 1-
N 127 Orange Street 4/6/2004 $400,000 0.0 Aptovrret/Off 5,431 0.46 4 4-
O 14 Cherry Street 1/19/2011 $325,000 0.0 Ranch 937 0.21 2 1-
P 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
Q 5 Cherry Street 12/6/2024 $1,680,000 0.1 Antique 972 0.08 2 2-
R 15 Bear Street 9/24/2024 $1,640,000 0.1 Cape Cod 1,303 0.12 3 1-1
S 3-B Cherry Street 6/7/2013 $250,000 0.1 Vacant Land 0.07 -
T 7 Cherry Street 9/16/2008 $0 0.1 Outbuildings 0.11 -
U 1 Cherry Street 8/29/2024 $1,150,000 0.1 Fast Food 384 0.12 0 2-
V 9 Cherry Street 12/28/2023 $100,000 0.1 Ranch 1,232 0.15 3 1-
W 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
X 129 Orange Street 12/27/2021 $6,000,000 0.1 Aptovrret/Off 6,000 0.49 2 2-
Y 16 Cherry Street 8/31/2020 $0 0.1 Cape Cod 2,035 0.14 6 3-
Z 16 Williams Street 5/2/2023 $1,734,000 0.1 Bungalow 1,048 0.17 2 1-1
- 115 Orange Street 7/7/1998 $0 0.1 Store 3,146 0.45 -
- 20 Cherry Street 6/11/1998 $3,000,000 0.1 Service Shop 3,108 1.13 0 2-
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 114 Orange Street $0 0.1 Vacant Land 0.58 -
- 122 Orange Street 8/29/1996 $0 0.1 Outbuildings 0.12 -
- 18 Williams Street 12/20/2022 $2,000,000 0.1 Family Conver. 1,788 0.18 5 3-
- 124 Orange Street 12/14/2011 $0 0.1 Conventional 1,221 0.12 3 1-
- 3 Williams Street 11/22/2011 $350,000 0.1 Colonial 2,100 0.2 4 3-
- 113 Orange Street 10/19/2005 $0 0.1 Bungalow 1,399 0.12 2 1-
- 100 Pleasant Street $0 0.1 Branch Bank 5,042 1.3 0 2-
- 126 Orange Street 2/19/1988 $0 0.1 Antique 1,302 0.11 4 1-
- 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
- 1 Goose Pond Lane 8/29/1996 $0 0.1 Colonial 2,424 0.07 4 3-1
- 94 Pleasant Street 6/11/1998 $3,000,000 0.1 Dormitory 1,050 0.14 4 4-
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
- 128 Orange Street 8/22/2008 $23,769,700 0.1 Cape Cod 1,040 0.05 3 1-
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 4 Spruce Street 8/29/1996 $0 0.1 Raised Ranch 1,768 0.08 3 1-
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 15 Cherry Street 7/28/1993 $50,000 0.1 Clubs/Lodges 2,150 0.31 0 2-
- 6 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.94 -
- 92 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 775 0.07 2 1-
- 3 Spruce Street 10/10/2017 $0 0.1 Vacant Land 0.02 -
- 11 Williams Street 5/16/2002 $250,000 0.1 Cape Cod 3,063 0.2 4 2-
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 90 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 528 0.09 2 1-
- 5 Spruce Street 10/10/2017 $0 0.1 Ranch 1,512 0.07 4 1-1
- 88 Pleasant Street 6/11/1998 $3,000,000 0.1 Ranch 936 0.14 2 1-
- 134 Orange Street 8/22/2008 $23,769,700 0.1 Warehouse 16,893 2.36 0 1-
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 13 Kimberly Way 1/27/2014 $2,100,000 0.1 Colonial 4,964 0.28 5 5-1
- 86 Pleasant Street 3/31/2021 $0 0.1 Bungalow 830 0.11 2 1-
- 5 Kimberly Way 9/23/2020 $2,450,000 0.1 Colonial 3,940 0.14 5 4-1
- 8 Spruce Street 9/27/1996 $375,000 0.1 Colonial 3,041 0.62 3 4-
- 102 Orange Street 8/8/2022 $0 0.1 Colonial 2,352 0.12 3 2-
- 84 Pleasant Street $0 0.1 Cape Cod 1,063 0.11 2 1-
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 110 Pleasant Street 12/21/2012 $3,500 0.1 Aptovrret/Off 5,850 0.26 6 3-
- 8-R Back Street 4/26/2021 $0 0.1 Colonial 2,589 0.23 3 3-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 100 Orange Street 8/8/2022 $0 0.1 Vacant Land 0.12 -
- 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
- 82 Pleasant Street 4/25/2005 $472,500 0.1 Colonial 1,323 0.14 3 3-1
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 80 Pleasant Street 9/20/2019 $975,000 0.1 Custom Built 2,248 0.31 3 3-1
Averages 4521 days $1,445,729 0.08 --- 1,900 0.27 --- ---  
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
55 622 3 Madison Court