5 Madison Court, Nantucket, MA 02554

5 Madison Court Nantucket MA 02554
Owner Information
Owner 1
Midatlantic Ira LLC
Owner 2
C/O Frederick Collord
Owner's Address
265 Old Harbor Rd Chatham, MA 02633
Market Sale Information
Most recent sale date
3/13/2020
Previous sale date
02/03/2017
Transfer document #
1739-19
Previous transfer document
01577-0120
Grantor
Patrice Gallagher
Previous grantor
Alfa Partners LLP
Most recent sale price
$0.00
Previous sale price
$1,000,000.00
Site Information
Property ID
55-623
Lot Size
0.24
Use Code
104 - Residential, two family
Zoning
R1
Building Style
Family Duplex
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2003
Number of full baths
5
Condition
Number of half baths
2
Finished Area
2672
Number of Kitchen
Gross Living Area
5389
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$491,700.00
Total value
$1,552,000.00
Building value
$1,060,300.00
Estimated tax
$5,090.00
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 Road5 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 5 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 $0.00$804.62
Style Family DuplexFamily Duplex
Age 20031999
Rooms
Bedrooms 56
Full baths 54
Half baths 22
Gross Living Area 53892924
Heating Fuel Hot WaterHot Water
Detached Garage
Lot Size 0.240.12
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,060,300.00$859,000
AEM Value - Land $491,700.00$323,000
AEM Value - Other $0.00$0
AEM Value - Total $1,552,000.00$1,182,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Madison Court 3/13/2020 $0 0 Family Duplex 2,672 0.24 5 5-2 -
  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 0.91 --- 2,206 0.12 --- ---  

Estimation of Market Value - $2,240,290

As of today, 04/29/2025, the estimated market value of 5 Madison Court, Nantucket considering the above 1 comparable properties is $2,240,290.

 

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 Street15 Cherry Street128 Orange Street84 Pleasant Street126 Orange Street5 Spruce Street86 Pleasant Street113 Orange Street6 Back Street10 Back Street11 Williams Street8 Back Street107 Orange Street87 Pleasant Street5 Madison Court111 Orange Street4-A Back Street4 Camelia Lane4-B Back Street8-R Back Street2 Back Street2 Camelia Lane115 Orange Street109 Orange 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
@ 5 Madison Court 3/13/2020 $0 0 Family Duplex 2,672 0.24 5 5-2 -
  Criteria
A 3 Madison Court 1/21/2014 $10,730,000 0.0 Family Duplex 2,672 0.12 5 4-
B 6 Cherry Street 5/13/2016 $1,315,000 0.0 Colonial 1,821 0.13 3 3-
C 8 Cherry Street 12/8/2017 $900,000 0.0 Antique 1,472 0.14 4 2-
D 5 Bear Street 7/3/2003 $80,000 0.0 Colonial 1,974 0.21 2 2-1
E 11 Bear Street 12/21/2020 $0 0.0 Ranch 1,345 0.3 3 2-
F 1 Madison Court 7/8/2004 $2,000,000 0.0 Family Duplex 2,964 0.12 6 5-
G 6 Cherry Street-Lot 386 12/6/2019 $890,000 0.0 Conventional 903 0.21 2 1-
H 13-R Bear Street 9/30/2013 $675,000 0.0 Condominium 1,496 0 4 2-1
I 3 Bear Street 12/19/2023 $1,590,000 0.0 Antique 2,867 0.2 3 2-
J 14 Cherry Street 1/19/2011 $325,000 0.0 Ranch 937 0.21 2 1-
K 13 Bear Street 2/11/2019 $0 0.0 Condominium 784 0 2 1-
L 7 Cherry Street 9/16/2008 $0 0.0 Outbuildings 0.11 -
M 5 Cherry Street 12/6/2024 $1,680,000 0.0 Antique 972 0.08 2 2-
N 4 Cherry Street 11/25/2019 $865,000 0.0 Bungalow 868 0.18 2 1-
O 121 Orange Street 3/1/2024 $800,000 0.0 Antique 1,574 0.3 3 1-
P 3-B Cherry Street 6/7/2013 $250,000 0.0 Vacant Land 0.07 -
Q 9 Cherry Street 12/28/2023 $100,000 0.0 Ranch 1,232 0.15 3 1-
R 1 Cherry Street 8/29/2024 $1,150,000 0.0 Fast Food 384 0.12 0 2-
S 15 Bear Street 9/24/2024 $1,640,000 0.0 Cape Cod 1,303 0.12 3 1-1
T 125 Orange Street 5/31/2019 $2,405,000 0.1 Aptovrret/Off 3,483 0.18 1 2-1
U 16 Williams Street 5/2/2023 $1,734,000 0.1 Bungalow 1,048 0.17 2 1-1
V 119 Orange Street 1/5/2018 $0 0.1 Antique 1,452 0.07 4 2-
W 16 Cherry Street 8/31/2020 $0 0.1 Cape Cod 2,035 0.14 6 3-
X 117 Orange Street 10/20/2020 $875,000 0.1 Store 1,879 0.12 0 1-
Y 115 Orange Street 7/7/1998 $0 0.1 Store 3,146 0.45 -
Z 127 Orange Street 4/6/2004 $400,000 0.1 Aptovrret/Off 5,431 0.46 4 4-
- 18 Williams Street 12/20/2022 $2,000,000 0.1 Family Conver. 1,788 0.18 5 3-
- 20 Cherry Street 6/11/1998 $3,000,000 0.1 Service Shop 3,108 1.13 0 2-
- 3 Williams Street 11/22/2011 $350,000 0.1 Colonial 2,100 0.2 4 3-
- 5 Williams Street 3/19/2021 $0 0.1 Colonial 1,980 0.21 4 4-
- 112 Orange Street $0 0.1 Vacant Land 0.11 -
- 113 Orange Street 10/19/2005 $0 0.1 Bungalow 1,399 0.12 2 1-
- 9 Williams Street 5/3/2016 $935,000 0.1 Colonial 1,260 0.21 3 2-
- 129 Orange Street 12/27/2021 $6,000,000 0.1 Aptovrret/Off 6,000 0.49 2 2-
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 114 Orange Street $0 0.1 Vacant Land 0.58 -
- 15 Cherry Street 7/28/1993 $50,000 0.1 Clubs/Lodges 2,150 0.31 0 2-
- 11 Williams Street 5/16/2002 $250,000 0.1 Cape Cod 3,063 0.2 4 2-
- 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-
- 92 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 775 0.07 2 1-
- 90 Pleasant Street 6/11/1998 $3,000,000 0.1 Bungalow 528 0.09 2 1-
- 13 Kimberly Way 1/27/2014 $2,100,000 0.1 Colonial 4,964 0.28 5 5-1
- 122 Orange Street 8/29/1996 $0 0.1 Outbuildings 0.12 -
- 88 Pleasant Street 6/11/1998 $3,000,000 0.1 Ranch 936 0.14 2 1-
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 100 Pleasant Street $0 0.1 Branch Bank 5,042 1.3 0 2-
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 124 Orange Street 12/14/2011 $0 0.1 Conventional 1,221 0.12 3 1-
- 5 Kimberly Way 9/23/2020 $2,450,000 0.1 Colonial 3,940 0.14 5 4-1
- 86 Pleasant Street 3/31/2021 $0 0.1 Bungalow 830 0.11 2 1-
- 1 Goose Pond Lane 8/29/1996 $0 0.1 Colonial 2,424 0.07 4 3-1
- 126 Orange Street 2/19/1988 $0 0.1 Antique 1,302 0.11 4 1-
- 84 Pleasant Street $0 0.1 Cape Cod 1,063 0.11 2 1-
- 128 Orange Street 8/22/2008 $23,769,700 0.1 Cape Cod 1,040 0.05 3 1-
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 8-R Back Street 4/26/2021 $0 0.1 Colonial 2,589 0.23 3 3-
- 6 Goose Pond Lane 1/12/2001 $0 0.1 Vacant Land 0.94 -
- 102 Orange Street 8/8/2022 $0 0.1 Colonial 2,352 0.12 3 2-
- 4 Spruce Street 8/29/1996 $0 0.1 Raised Ranch 1,768 0.08 3 1-
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 82 Pleasant Street 4/25/2005 $472,500 0.1 Colonial 1,323 0.14 3 3-1
- 3 Spruce Street 10/10/2017 $0 0.1 Vacant Land 0.02 -
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 80 Pleasant Street 9/20/2019 $975,000 0.1 Custom Built 2,248 0.31 3 3-1
- 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 5 Spruce Street 10/10/2017 $0 0.1 Ranch 1,512 0.07 4 1-1
- 100 Orange Street 8/8/2022 $0 0.1 Vacant Land 0.12 -
- 4 Camelia Lane 8/5/2020 $0 0.1 Colonial 2,208 0.13 3 3-
- 85 Pleasant Street 1/23/2018 $0 0.1 Vacant Land 0.14 -
- 84-R Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 134 Orange Street 8/22/2008 $23,769,700 0.1 Warehouse 16,893 2.36 0 1-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
- 2 Camelia Lane 1/3/2017 $695,000 0.1 Colonial 5,244 0.12 7 6-2
- 85 Union Street 8/8/2022 $0 0.1 Outbuildings 0.21 -
- 98 Orange Street 8/18/2005 $1,300,000 0.1 Conventional 1,511 0.12 3 3-1
- 78 Pleasant Street 1/20/2015 $2,125,000 0.1 Colonial 4,440 0.14 5 5-1
- 87 Pleasant Street 4/1/2015 $0 0.1 Family Duplex 2,128 0.17 4 3-
- 8 Spruce Street 9/27/1996 $375,000 0.1 Colonial 3,041 0.62 3 4-
- 10 Back Street 10/18/2013 $737,000 0.1 Family Conver. 1,792 0.1 3 2-1
- 2 Williams Lane 1/23/2018 $0 0.1 Store 3,220 0.16 0 2-
- 69 Pleasant Street 1/21/1994 $143,000 0.1 Cape Cod 1,438 0.12 4 2-
Averages 4587 days $1,462,965 0.08 --- 1,887 0.26 --- ---  
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
55 623 5 Madison Court