6 First Way, Nantucket, MA 02554

6 First Way Nantucket MA 02554
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Owner Information
Owner 1
First Way LLC
Owner 2
Owner's Address
C/O Vtt Management Inc, 1 Clarks Hill Rd #102 Framingham, MA 01702
Market Sale Information
Most recent sale date
11/1/2016
Previous sale date
01/29/2008
Transfer document #
01562-0303
Previous transfer document
01123-0242
Grantor
James W Klimas
Previous grantor
James W Klimas
Most recent sale price
$2,400,000.00
Previous sale price
$0.00
Site Information
Property ID
55-98
Lot Size
0.12
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
2005
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1407
Number of Kitchen
Gross Living Area
2488
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
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
$444,200.00
Total value
$1,692,300.00
Building value
$1,248,100.00
Estimated tax
$5,296.00
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 6 First Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,705.76 Style Colonial Age 2005 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2488 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,248,100.00 AEM Value - Land $444,200.00 AEM Value - Other $0.00 AEM Value - Total $1,692,300.00
A) 36 Union Street 0.8 1/29/2024 $3,500,000 1,697 1.75 $2062.46 Antique 1800 4 3 2051 Hot Water 0.21 Asph/F Gls/Cmp $1,379,400 $2,245,400 $0 $3,624,800
B) 21 Pine Street 0.8 3/13/2024 $3,725,000 1,449 1.75 $2570.74 Antique 1850 3 3 1910 Hot Water 0.1 Asph/F Gls/Cmp $1,214,300 $2,091,700 $0 $3,306,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 First Way 11/1/2016 $2,400,000 0 Colonial 1,407 0.12 3 2-1 -
  Criteria
A 36 Union Street 1/29/2024 $3,500,000 0.8 Antique 1,697 0.21 4 3-
B 21 Pine Street 3/13/2024 $3,725,000 0.8 Antique 1,449 0.1 3 3-
Averages 135 days $3,612,500 0.79 --- 1,573 0.15 --- ---  

Estimation of Market Value - $2,497,702

As of today, 07/04/2024, the estimated market value of 6 First Way, Nantucket considering the above 2 comparable properties is $2,497,702.

 

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
@ 6 First Way 11/1/2016 $2,400,000 0 Colonial 1,407 0.12 3 2-1 -
  Criteria
A 7 Second Way 12/8/2023 $1,600,000 0.0 Colonial 2,050 0.24 4 1-1
B 12 First Way 7/13/2015 $0 0.0 Colonial 1,917 0.38 2 2-1
C 17 Allens Lane 10/28/2020 $615,000 0.0 Conventional 1,714 0.12 4 1-
D 9 First Way 2/14/2014 $0 0.0 Colonial 1,154 0.23 4 3-1
E 5 First Way 6/9/2015 $590,000 0.0 Cape Cod 1,722 0.33 4 1-1
F 11 First Way 3/26/2004 $0 0.0 Colonial 2,406 0.63 3 4-
G 8 Second Way 6/28/2022 $1,400,000 0.0 Colonial 2,240 0.17 4 2-1
H 13 Allens Lane 2/19/2013 $0 0.0 Cape Cod 1,755 0.31 3 2-
I 14 First Way 8/12/1999 $0 0.0 Ranch 1,384 0.57 4 1-
J 14 Allens Lane 11/2/2005 $730,000 0.0 Ranch 1,928 0.16 4 2-
K 6 Second Way 10/24/2011 $399,000 0.0 Cape Cod 2,250 0.24 5 2-
L 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
M 3 First Way 12/19/2019 $0 0.1 Cape Cod 1,172 0.23 3 1-
N 15 First Way 12/10/2009 $0 0.1 Colonial 2,194 0.61 4 4-
O 11 Allens Lane 3/14/2018 $0 0.1 Ranch 1,092 0.23 3 1-
P 25 Backus Lane 11/19/2001 $0 0.1 Vacant Land 0.98 -
Q 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
R 4 Second Way 1/25/2005 $825,000 0.1 Ranch 1,262 0.11 2 2-
S 12 Allens Lane 9/19/2013 $0 0.1 Family Conver. 1,080 0.26 2 2-
T 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
U 29 Hooper Farm Road 4/19/2017 $0 0.1 Ranch 1,752 0.28 4 2-
V 31 Hooper Farm Road 2/28/2001 $424,000 0.1 Ranch 1,500 0.29 3 2-
W 1 First Way 11/27/2020 $950,000 0.1 Ranch 1,124 0.18 3 1-1
X 19 First Way 12/31/2008 $0 0.1 Family Duplex 1,638 0.24 4 3-
Y 9 Allens Lane 3/31/2022 $0 0.1 Cape Cod 1,817 0.23 4 3-
Z 35 Hooper Farm Road 3/31/1995 $209,000 0.1 Ranch 3,334 0.48 5 4-1
- 10 Allens Lane 4/25/2007 $758,000 0.1 Family Duplex 2,240 0.23 5 4-
- 33 Hooper Farm Road 6/15/2005 $643,500 0.1 Colonial 1,960 0.13 6 3-
- 25 Hooper Farm Road 8/25/2023 $1,395,000 0.1 Ranch 1,052 0.18 2 1-
- 23 Hooper Farm Road 3/12/2003 $0 0.1 Ranch 1,019 0.33 3 2-
- 1 Cow Pond Lane 12/10/2009 $0 0.1 Family Duplex 1,904 0.24 4 2-
- 3 Cow Pond Lane 12/10/2009 $0 0.1 Colonial 1,183 0.28 2 1-1
- 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 1.17 -
- 7 Allens Lane 6/11/1998 $3,000,000 0.1 Family Duplex 2,432 0.23 5 3-
- 21 Backus Lane 11/16/2001 $0 0.1 Vacant Land 0.95 -
- 8 Allens Lane 10/6/2022 $0 0.1 Family Duplex 2,360 0.23 5 3-
- 21 Hooper Farm Road 6/14/2019 $1,365,000 0.1 Ranch 876 0.39 3 2-
- 28 Hooper Farm Road 12/31/1998 $231,000 0.1 Bungalow 694 0.46 2 1-
- 30 Hooper Farm Road 12/15/1998 $265,000 0.1 Ranch 1,717 0.17 2 1-
- 25 Allens Lane 11/5/2012 $694,500 0.1 Ranch 2,414 0.34 4 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-
- 24 Allens Lane 8/18/2017 $0 0.1 Vacant Land 0.24 -
- 5 Cow Pond Lane 2/11/2014 $421,237 0.1 Family Duplex 3,021 0.23 6 4-
- 5 Allens Lane 8/9/2021 $1,395,000 0.1 Family Duplex 2,240 0.23 5 4-
- 32 Hooper Farm Road 10/2/2000 $350,000 0.1 Cape Cod 2,406 0.42 4 3-
- 28 New Street 4/3/2012 $1,025,000 0.1 Colonial 2,076 0.13 3 2-1
- 37 Hooper Farm Road 8/18/2017 $0 0.1 Ranch 1,302 0.26 4 2-
- 22 Hooper Farm Road 3/17/2022 $0 0.1 Ranch 728 0.25 1 1-
- 19-R Hooper Farm Road 10/24/2023 $1,300,000 0.1 Ranch 1,744 0.16 3 1-
- 4 Cartwright Place 3/3/2014 $549,000 0.1 Cottage 420 0.23 1 1-
- 10 Backus Lane 12/29/1995 $500,000 0.1 Skating Rink 34,145 3.84 0 8-
- 34 Hooper Farm Road 6/11/1996 $0 0.1 Ranch 640 0.07 2 1-
- 34-R Hooper Farm Road 6/11/1996 $0 0.1 Cape Cod 1,125 0.11 3 2-
- 24 Waydale Road 4/25/2005 $0 0.1 Family Duplex 3,410 0.23 9 7-
- 9 Cow Pond Lane 5/3/2005 $410,000 0.1 Colonial 1,904 0.23 4 2-1
- 20 Hooper Farm Road 12/10/2018 $0 0.1 Vacant Land 0.05 -
- 11 Cow Pond Lane 11/23/2021 $0 0.1 Family Duplex 2,345 0.34 8 5-
- 26 Allens Lane 9/28/2007 $575,000 0.1 Ranch 1,016 0.23 2 1-
- 0 Backus Lane-Rear 12/28/2000 $530,000 0.1 Vacant Land 4.75 -
- 2 Cow Pond Lane 8/22/2003 $0 0.1 Ranch 1,212 0.24 2 2-
Averages 5154 days $382,528 0.08 --- 2,024 0.44 --- ---  
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 98 6 First Way