8 Independent Way, Nantucket, MA 02554

8 Independent Way Nantucket MA 02554
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Owner Information
Owner 1
Traci Klute Weaver
Owner 2
Owner's Address
P O Box 952 Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/4/2014
Previous sale date
03/15/2013
Transfer document #
01458-0200
Previous transfer document
01375-0146
Grantor
Robert M Keith
Previous grantor
Peter B McGee
Most recent sale price
$2,700,000.00
Previous sale price
$2,000,000.00
Site Information
Property ID
5514-53
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Custom Built
Number of Rooms
Stories
2
Number of Beds
4
Year Built
2004
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2781
Number of Kitchen
Gross Living Area
4352
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
$1,020,900.00
Total value
$3,849,500.00
Building value
$2,828,600.00
Estimated tax
$12,048.00
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 8 Independent Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $970.87 Style Custom Built Age 2004 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 4352 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,828,600.00 AEM Value - Land $1,020,900.00 AEM Value - Other $0.00 AEM Value - Total $3,849,500.00
A) 45 Fair Street 0.2 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
B) 1 Farmer Street 0.3 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
C) 20 West Chester Street 0.8 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
D) 20 New Lane 0.9 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Independent Way 11/4/2014 $2,700,000 0 Custom Built 2,781 0.12 4 4-1 -
  Criteria
A 45 Fair Street 5/8/2024 $4,800,000 0.2 Custom Built 2,854 0.07 4 4-1
B 1 Farmer Street 5/10/2024 $3,600,000 0.3 Antique 2,430 0.06 3 3-1
C 20 West Chester Street 6/17/2024 $6,995,000 0.8 Custom Built 3,287 0.28 4 4-2
D 20 New Lane 1/17/2024 $4,350,000 0.9 Colonial 2,247 0.12 4 3-1
Averages 68 days $4,936,250 0.55 --- 2,705 0.13 --- ---  

Estimation of Market Value - $4,943,914

As of today, 06/27/2024, the estimated market value of 8 Independent Way, Nantucket considering the above 4 comparable properties is $4,943,914.

 

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
@ 8 Independent Way 11/4/2014 $2,700,000 0 Custom Built 2,781 0.12 4 4-1 -
  Criteria
A 84 Orange Street 8/20/2019 $0 0.0 Colonial 2,979 0.12 4 5-
B 6 Independent Way 7/25/2022 $0 0.0 Custom Built 3,232 0.12 4 4-1
C 9 Beaver Street 1/5/2016 $1,412,500 0.0 Antique 1,870 0.09 3 3-
D 86 Orange Street 5/28/1993 $135,000 0.0 Bungalow 874 0.05 2 1-
E 7 Beaver Street 2/28/2013 $1,275,000 0.0 Antique 1,873 0.11 4 3-
F 7 Independent Way 11/22/2021 $2,237,625 0.0 Custom Built 1,495 0.05 3 1-1
G 82 Orange Street 9/26/2018 $2,800,000 0.0 Antique 3,467 0.12 5 4-1
H 4 Independent Way 7/15/2022 $0 0.0 Colonial 2,826 0.12 4 2-2
I 5 Independent Way 2/11/2008 $0 0.0 Colonial 2,304 0.07 5 4-1
J 88 Orange Street 10/5/2015 $0 0.0 Antique 1,632 0.05 3 1-
K 5 Beaver Street 3/29/2022 $3,700,000 0.0 Antique 2,974 0.15 4 3-2
L 80 Orange Street 7/31/2006 $3,375,000 0.0 Antique 2,938 0.15 5 5-1
M 3 Independent Way 12/28/1995 $0 0.0 Antique 2,537 0.16 5 4-1
N 93 Orange Street 10/5/2001 $825,000 0.0 Antique 2,286 0.05 4 4-1
O 2 Independent Way 5/10/2012 $1,850,000 0.0 Antique 1,623 0.17 4 2-
P 89 Orange Street 11/17/2008 $0 0.0 Antique 2,174 0.18 4 5-
Q 91 Orange Street 3/16/2007 $0 0.0 Antique 2,410 0.13 3 2-
R 10 Beaver Street 5/24/2021 $1,935,000 0.0 Cape Cod 1,231 0.1 3 2-
S 3-A Beaver Street 10/14/2021 $1,900,000 0.0 Antique 2,087 0.06 4 1-
T 97 Orange Street 6/28/2021 $0 0.0 Antique 2,577 0.11 4 2-
U 6 York Street 11/28/2023 $2,195,000 0.0 Antique 1,685 0.09 3 3-
V 99 Orange Street 2/28/2000 $442,500 0.0 Antique 1,863 0.06 3 3-
W 90 Orange Street 6/12/2019 $0 0.0 Antique 1,861 0.14 3 3-1
X 8 York Street 6/7/2000 $480,000 0.0 Antique 1,523 0.07 3 1-
Y 8 Beaver Street 9/8/2010 $0 0.0 Conventional 1,442 0.12 3 3-1
Z 76 Orange Street 3/8/2023 $1,950,000 0.0 Antique 2,625 0.1 3 2-
- 4 York Street 3/28/2024 $2,175,000 0.0 Antique 1,489 0.07 3 2-
- 6 Beaver Street 9/29/2023 $2,600,000 0.0 Family Duplex 2,901 0.08 5 4-1
- 1 Independent Way 12/5/2018 $0 0.0 Cape Cod 1,381 0.09 3 1-
- 2 York Street 4/19/2016 $0 0.0 Antique 1,590 0.1 3 2-
- 85 Orange Street 5/9/2024 $1,150,000 0.0 Family Conver. 2,960 0.18 5 3-1
- 94 Orange Street 10/20/2014 $1,456,000 0.0 Antique 2,150 0.11 4 6-
- 69 Union Street 8/18/2016 $698,000 0.0 Antique 1,197 0.08 2 2-
- 2 Cottage Court 6/20/2019 $3,000,000 0.0 Antique 2,890 0.19 4 5-
- 101 Orange Street 8/27/2020 $0 0.0 Antique 2,533 0.19 4 3-1
- 67 Union Street 9/29/2016 $10 0.0 Antique 2,035 0.08 4 3-
- 3 New Street 9/5/2014 $1,650,000 0.1 Colonial 2,367 0.12 3 2-1
- 4 Beaver Street 4/12/2012 $1,595,000 0.1 Colonial 2,411 0.1 4 4-1
- 71 Union Street 1/29/2001 $650,000 0.1 Cottage 381 0.1 1 1-
- 74 Orange Street 12/19/2017 $0 0.1 Antique 2,308 0.06 4 1-
- 63 Union Street $0 0.1 Conventional 940 0.1 3 2-
- 65 Union Street 11/29/1999 $0 0.1 Antique 1,352 0.07 4 2-
- 7 York Street 6/15/2005 $0 0.1 Ranch 960 0.07 2 1-1
- 7 Spring Street 12/11/2015 $1,200,000 0.1 Antique 1,306 0.06 2 1-1
- 3 Spring Street 3/28/2022 $2,065,000 0.1 Colonial 1,240 0.17 3 1-1
- 5 York Street 12/17/2021 $2,550,000 0.1 Antique 1,812 0.1 2 3-1
- 57 Union Street 12/28/2020 $0 0.1 Antique 2,430 0.1 5 5-5
- 2 Beaver Street 1/11/2006 $0 0.1 Antique 1,638 0.19 3 2-
- 72 Orange Street 4/16/2021 $1,485,000 0.1 Antique 2,654 0.08 5 3-
- 3 Warren Street 12/12/2017 $1,565,000 0.1 Colonial 1,452 0.06 3 3-1
- 1 Cottage Court 6/10/2010 $0 0.1 Antique 2,305 0.1 3 3-
- 2 New Street 2/24/1997 $0 0.1 Antique 1,166 0.06 3 2-
- 1 York Street 6/17/2016 $700,000 0.1 Antique 1,542 0.1 3 1-
- 5 New Street 9/15/2023 $2,600,000 0.1 Warehouse 960 0.08 0 1-
- 3 Cottage Court 2/3/2020 $1,350,000 0.1 Antique 1,716 0.08 4 2-1
- 81 Orange Street 1/15/2021 $2,990,000 0.1 Antique 4,538 0.15 5 4-1
- 6 New Street 1/14/2020 $0 0.1 Antique 925 0.06 2 1-
- 1-A Spring Street 2/18/2016 $1,300,000 0.1 Conventional 840 0.06 2 1-
- 8 East Dover Street 8/9/2021 $2,400,000 0.1 Colonial 1,820 0.07 4 4-1
- 10 East Dover Street 10/15/2012 $700,000 0.1 Bungalow 1,012 0.07 3 1-
- 16 York Street 9/7/2012 $965,000 0.1 Antique 1,431 0.06 3 2-1
- 70 Orange Street 1/21/2015 $0 0.1 Antique 1,991 0.13 3 4-
- 10 York Street 4/7/2023 $1,390,000 0.1 Vacant Land 0.11 -
- 5 Warren Street 9/21/2021 $1,000,000 0.1 Antique 1,313 0.1 3 2-1
- 1 Back Street 1/2/2024 $2,900,000 0.1 Colonial 1,520 0.12 2 2-
- 98 Orange Street 8/18/2005 $1,300,000 0.1 Conventional 1,511 0.12 3 3-1
- 8 New Street 5/21/2021 $1,455,000 0.1 Antique 1,242 0.06 3 2-
- 4 East Dover Street 7/5/2011 $0 0.1 Antique 1,609 0.11 3 1-1
- 9 York Street 11/30/2012 $660,000 0.1 Bungalow 1,700 0.07 2 3-
- 55 Union Street 11/5/2014 $400,000 0.1 Antique 2,466 0.1 3 2-1
- 2 East Dover Street 6/10/2022 $225,000 0.1 Antique 1,418 0.06 3 1-
- 79 Union Street 4/12/2011 $1,100,000 0.1 Cape Cod 2,128 0.13 5 2-1
- 7 New Street 9/15/2023 $2,600,000 0.1 Colonial 1,553 0.16 3 2-1
- 72 Union Street 9/9/2021 $1,785,000 0.1 Antique 1,708 0.11 3 3-1
- 66 Union Street 9/26/2003 $375,000 0.1 Colonial 1,089 0.07 3 2-1
- 79 Orange Street 7/30/2014 $770,000 0.1 Aptovrret/Off 1,228 0.08 0 0-
- 3 Back Street 1/2/2024 $2,900,000 0.1 Ranch 1,344 0.12 3 2-
- 68-A Union Street 5/8/1992 $62,000 0.1 Bungalow 520 0.12 2 1-
- 85 Union Street 8/8/2022 $0 0.1 Outbuildings 0.21 -
- 68 Union Street 11/3/2011 $1,155,000 0.1 Antique 2,121 0.18 4 2-1
- 100 Orange Street 8/8/2022 $0 0.1 Vacant Land 0.12 -
- 76 Union Street 5/16/2022 $0 0.1 Antique 2,188 0.08 4 3-1
- 11 York Street 11/5/1999 $471,500 0.1 Bungalow 1,298 0.1 2 1-1
- 11 East Dover Street 10/3/2016 $0 0.1 Colonial 1,346 0.04 3 2-
- 107 Orange Street 3/29/2018 $1,311,000 0.1 Cape Cod 1,392 0.13 2 1-
- 2 Spring Street 7/23/2002 $0 0.1 Ranch 2,349 0.27 3 4-
- 7 Warren Street 9/8/2000 $425,000 0.1 Conventional 1,283 0.08 3 1-
- 53 Union Street 12/21/2023 $1,775,000 0.1 Antique 1,524 0.05 3 2-
- 10 New Street $0 0.1 Antique 1,208 0.19 3 1-
- 5 Back Street 10/3/2018 $0 0.1 Cottage 408 0.05 1 1-
- 68 Orange Street 7/27/2018 $0 0.1 Conventional 1,778 0.06 4 4-
- 9 East Dover Street 12/1/2003 $960,000 0.1 Family Conver. 2,176 0.08 4 2-
- 18 York Street 6/25/1998 $110,000 0.1 Cape Cod 2,176 0.12 4 1-
- 2 West Dover Street 1/29/1999 $0 0.1 Antique 2,509 0.09 4 2-
- 64 Union Street 4/25/2007 $0 0.1 Conventional 2,718 0.36 3 2-
- 107-R Orange Street 7/28/2023 $3,195,000 0.1 Colonial 2,164 0.12 4 3-1
- 5 East Dover Street 6/2/2016 $1,400,000 0.1 Cooperative 2,013 0.1 4 4-1
- 0 Union Street 10/15/2021 $3,625,000 0.1 Vacant Land 0.04 -
- 66 Orange Street 6/24/2022 $0 0.1 Antique 2,073 0.09 5 4-1
- 58 Union Street 2/23/2005 $0 0.1 Vacant Land 0.11 -
- 102 Orange Street 8/8/2022 $0 0.1 Colonial 2,352 0.12 3 2-
- 9 New Street 12/19/2017 $0 0.1 Vacant Land 0.12 -
- 7 Back Street 11/25/2015 $0 0.1 Bungalow 672 0.14 2 1-
- 74 Union Street 9/29/2020 $0 0.1 Conventional 1,468 0.22 3 1-
- 15 York Street 10/6/2010 $1,400,000 0.1 Antique 4,186 0.06 6 1-
- 2 Back Street $0 0.1 Bungalow 522 0.16 4 1-
- 9 Warren Street 10/4/2013 $0 0.1 Bungalow 527 0.12 1 1-
- 77 Orange Street 5/4/2016 $1,792,500 0.1 Antique 2,688 0.1 5 4-1
- 51 Union Street 11/30/2022 $2,500,000 0.1 Antique 1,304 0.12 1 2-1
- 20 York Street 8/24/2017 $1,425,000 0.1 Cape Cod 1,862 0.1 5 3-1
- 6 Weymouth Street 3/18/2003 $0 0.1 Antique 1,450 0.1 3 2-
- 82 Union Street 7/22/2013 $605,000 0.1 Antique 1,319 0.08 2 2-
- 10 Weymouth Street 6/6/2016 $1,700,000 0.1 Antique 2,200 0.09 3 2-
- 4 Weymouth Street 2/19/2003 $0 0.1 Antique 1,759 0.22 3 2-
- 4-A Back Street 9/21/2011 $0 0.1 Colonial 1,936 0.17 3 2-1
- 12 New Street 12/28/2016 $1,000,000 0.1 Antique 1,190 0.18 3 2-
- 6 West Dover Street 11/13/2014 $750,000 0.1 Antique 2,321 0.14 4 1-
- 109 Orange Street 8/19/2019 $0 0.1 Antique 2,950 0.25 7 5-2
- 70 Union Street 10/23/2014 $1,425,000 0.1 Colonial 3,100 0.15 4 3-1
- 7 Back Street-Lot 653 9/30/2022 $2,645,000 0.1 Colonial 2,954 0.12 4 3-1
- 11 Warren Street 3/12/2013 $0 0.1 Bungalow 789 0.03 2 2-
- 56 Union Street 10/15/2021 $3,625,000 0.1 Aptovrret/Off 5,237 0.39 1 3-
- 75 Orange Street 6/12/1986 $325,000 0.1 Antique 2,566 0.15 6 5-2
- 11 New Street 1/3/1997 $268,500 0.1 Condominium 1,180 0 2 1-1
- 49 Union Street 5/17/2022 $1,695,000 0.1 Cape Cod 1,870 0.17 1 1-
- 17 York Street 2/16/2016 $545,832 0.1 Family Conver. 1,924 0.16 3 2-1
- 4 Mariner Way 5/31/2022 $5,200,000 0.1 Vacant Land 0.15 -
- 86 Union Street 4/28/2006 $1,375,000 0.1 Outbuildings 0.46 -
- 13 Warren Street 2/21/2012 $575,000 0.1 Bungalow 763 0.05 1 1-
- 73 Orange Street 6/17/1994 $0 0.1 Family Conver. 2,295 0.1 4 2-
- 14 New Street $0 0.1 Antique 858 0.05 3 1-
- 3 West Dover Street 9/23/2020 $1,395,000 0.1 Antique 1,151 0.11 3 2-
- 54 Union Street 4/28/2022 $1,600,000 0.1 Bungalow 1,006 0.11 3 1-
- 4-B Back Street 4/12/2023 $2,500,000 0.1 Cape Cod 1,866 0.31 3 5-
- 8 West Dover Street $173,000 0.1 Cape Cod 1,054 0.11 2 2-
- 22 York Street 5/25/2022 $2,897,500 0.1 Conventional 1,420 0.12 3 2-1
- 9 Back Street-Lot 652 1/19/2007 $1,000,000 0.1 Vacant Land 0.12 -
- 15 Warren Street 2/1/2021 $0 0.1 Family Conver. 2,433 0.34 5 2-
- 5 West Dover Street 11/5/1999 $500,000 0.1 Family Conver. 2,340 0.13 5 2-
- 111 Orange Street 12/7/2012 $795,000 0.1 Bungalow 1,448 0.3 4 2-2
- 1 Weymouth Street 9/21/2001 $0 0.1 Antique 2,376 0.19 4 1-1
- 3 Weymouth Street 4/23/2021 $0 0.1 Antique 1,784 0.09 3 3-1
- 5 Weymouth Street 5/9/2003 $1,750,000 0.1 Antique 2,080 0.14 2 3-1
- 11 Weymouth Street 9/30/2022 $2,837,500 0.1 Colonial 2,274 0.08 3 3-
- 11 Salt Marsh Way 7/31/2003 $2,052,845 0.1 Vacant Land 0.51 -
- 6 Back Street 10/26/2012 $1,225,000 0.1 Antique 1,646 0.11 3 2-1
- 52 Union Street 7/30/2021 $1,700,000 0.1 Conventional 1,862 0.08 3 2-
- 0 Consue Springs 7/27/2018 $0 0.1 Outbuildings 0.77 -
- 17 Warren Street $150,000 0.1 Colonial 1,607 0.1 3 2-
- 18 New Street 6/19/2017 $0 0.1 Antique 2,012 0.17 5 4-1
- 60 Orange Street 1/8/2003 $1,500,000 0.1 Antique 2,983 0.1 5 4-
- 113 Orange Street 10/19/2005 $0 0.1 Bungalow 1,399 0.12 2 1-
- 24 York Street 4/30/2021 $2,100,000 0.1 Colonial 1,682 0.07 3 3-1
- 8 Back Street 11/18/1993 $213,100 0.1 Colonial 1,728 0.12 3 1-1
- 71 Orange Street 6/24/2021 $4,100,000 0.1 Antique 3,718 0.13 5 5-1
- 90 Union Street 6/11/2004 $1,300,000 0.1 Vacant Land 0.61 -
- 104 Orange Street 1/16/2019 $0 0.1 Bungalow 888 0.1 2 1-
- 121 Washington Street 10/27/2014 $2,300,000 0.1 Colonial 1,768 0.06 3 2-1
- 9 Back Street 9/15/2016 $1,837,000 0.1 Cape Cod 2,492 0.13 4 3-1
- 50 Union Street 12/19/2014 $0 0.1 Vacant Land 0.08 -
- 10-A West Dover Street 2/23/2012 $0 0.1 Cottage 700 0.12 0 0-
- 111 Washington Street 8/21/1996 $0 0.1 Vacant Land 0.33 -
- 47 Union Street 12/1/2003 $0 0.1 Antique 2,170 0.19 4 3-
- 84 Union Street 7/27/2018 $0 0.1 Vacant Land 0.87 -
- 58 Orange Street 11/1/2012 $0 0.1 Bungalow 750 0.05 2 1-
- 19 York Street 7/26/2007 $0 0.1 Conventional 2,088 0.19 4 2-
- 9 West Dover Street 3/3/2017 $1,970,000 0.1 Colonial 3,075 0.13 4 3-
- 2 Silver Street 11/22/2022 $4,000,000 0.1 Colonial 3,640 0.12 5 4-1
- 10 Back Street 10/18/2013 $737,000 0.1 Family Conver. 1,792 0.1 3 2-1
- 26 York Street 10/30/2019 $1,450,000 0.1 Antique 1,238 0.09 3 2-
- 21 Warren Street 11/22/2010 $0 0.1 Bungalow 1,085 0.07 2 1-
- 2 Mulberry Street 12/29/2021 $0 0.1 Antique 1,739 0.13 3 1-
- 8 Salt Marsh Way Unit 1 5/11/2005 $685,000 0.1 Mu Condo 1,333 0 1 1-
- 4 Mulberry Street 10/2/2023 $3,500,000 0.1 Colonial 2,702 0.08 4 3-1
- 109 Washington Street 8/21/1996 $0 0.1 Cooperative 576 0.14 2 1-
- 20 New Street 3/3/2005 $0 0.1 Antique 1,356 0.07 4 3-
- 97-R Washington Street 7/1/2005 $250,000 0.1 Vacant Land 0.03 -
- 5 Boyers Alley Way 11/14/2018 $1,300,000 0.1 Bungalow 709 0.13 2 1-
- 48 Union Street 11/18/2021 $2,395,000 0.1 Antique 2,247 0.13 4 2-1
- 11 Back Street-Lot 344 2/7/2022 $1,100,000 0.1 Antique 1,210 0.11 2 1-1
Averages 3802 days $982,616 0.08 --- 1,688 0.13 --- ---  
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
5514 53 8 Independent Way