50 Hummock Pond Road, Nantucket, MA 02554

50 Hummock Pond Road Nantucket MA 02554
Owner Information
Owner 1
John B Brescher
Owner 2
Back Home Realty Trust
Owner's Address
Back Home Realty Trust, 325 Kent Av APT 900 Brooklyn, NY 11249
Market Sale Information
Most recent sale date
9/10/2021
Previous sale date
08/04/2020
Transfer document #
C28464-
Previous transfer document
C27772-0
Grantor
Matthew Harrington
Previous grantor
Joseph W Manning
Most recent sale price
$3,250,000.00
Previous sale price
$2,175,000.00
Site Information
Property ID
56-286
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1994
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2723
Number of Kitchen
1
Gross Living Area
4297
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
$1,173,700.00
Total value
$3,085,600.00
Building value
$1,911,900.00
Estimated tax
$9,657.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 50 Hummock Pond Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,193.54 Style Cape Cod Age 1994 Rooms Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 4297 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,911,900.00 AEM Value - Land $1,173,700.00 AEM Value - Other $0.00 AEM Value - Total $3,085,600.00
A) 10 Aurora Way 0.2 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
B) 8 Austin Farm Drive 0.4 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
C) 20 New Lane 0.7 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
D) 85 Somerset Road 0.8 3/12/2024 $2,950,000 2,069 1 $1425.81 Cape Cod 1998 2 2 1 4128 Hot Water 0.47 Asph/F Gls/Cmp $698,000 $741,600 $0 $1,439,600
E) 1 Farmer Street 1.0 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
F) 45 Fair Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Hummock Pond Road 9/10/2021 $3,250,000 0 Cape Cod 2,723 0.46 3 3-1 -
  Criteria
A 10 Aurora Way 1/9/2024 $4,650,000 0.2 Colonial 2,468 0.18 4 3-1
B 8 Austin Farm Drive 3/1/2024 $8,500,000 0.4 Colonial 2,798 0.92 3 2-1
C 20 New Lane 1/17/2024 $4,350,000 0.7 Colonial 2,247 0.12 4 3-1
D 85 Somerset Road 3/12/2024 $2,950,000 0.8 Cape Cod 2,069 0.47 2 2-1
E 1 Farmer Street 5/10/2024 $3,600,000 1.0 Antique 2,430 0.06 3 3-1
F 45 Fair Street 5/8/2024 $4,800,000 1.0 Custom Built 2,854 0.07 4 4-1
Averages 116 days $4,808,333 0.69 --- 2,478 0.3 --- ---  

Estimation of Market Value - $5,221,363

As of today, 07/04/2024, the estimated market value of 50 Hummock Pond Road, Nantucket considering the above 6 comparable properties is $5,221,363.

 

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
  • 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
@ 50 Hummock Pond Road 9/10/2021 $3,250,000 0 Cape Cod 2,723 0.46 3 3-1 -
  Criteria
A 48 Hummock Pond Road 6/9/2014 $0 0.0 Cape Cod 1,292 0.46 3 2-
B 52 Hummock Pond Road 3/29/2017 $0 0.0 Cape Cod 2,808 0.46 4 4-
C 23 Meadow View Drive 11/22/2019 $1,567,500 0.0 Colonial 2,138 0.46 3 2-1
D 25 Meadow View Drive 11/18/2016 $1,595,000 0.0 Colonial 2,894 0.46 4 2-1
E 46 Hummock Pond Road 9/19/2019 $3,525,000 0.0 Custom Built 2,466 0.46 3 4-1
F 22 Meadow View Drive 10/16/1992 $1 0.0 Colonial 2,644 0.46 4 2-1
G 54 Hummock Pond Road 1/22/2018 $1,160,000 0.0 Cape Cod 1,080 0.81 2 2-
H 21 Meadow View Drive 10/18/2018 $0 0.1 Ranch 1,872 0.46 4 3-1
I 20 Meadow View Drive 11/10/2016 $1,525,000 0.1 Colonial 3,753 0.46 6 5-1
J 44 Hummock Pond Road 12/20/2002 $0 0.1 Cape Cod 2,106 0.46 4 2-1
K 24 Meadow View Drive 12/19/2003 $503,500 0.1 Colonial 2,212 0.46 3 2-1
L 56 Hummock Pond Road 12/7/2011 $473,250 0.1 Ranch 1,518 0.86 2 2-
M 42 Hummock Pond Road 7/30/2010 $450,000 0.1 Colonial 1,332 0.46 3 3-
N 19 Meadow View Drive 10/31/2012 $1,266,000 0.1 Cape Cod 2,847 0.46 3 2-1
O 57 Hummock Pond Road 7/5/2017 $4,620 0.1 Colonial 3,913 0.97 4 3-1
P 18 Meadow View Drive 6/28/2007 $0 0.1 Cape Cod 2,184 0.46 3 4-
Q 30 Meadow View Drive 3/31/2017 $1,295,000 0.1 Colonial 1,928 0.46 3 3-
R 2 Oak Hollow Lane 1/3/2018 $1,800,000 0.1 Ranch 1,342 0.37 3 3-
S 27 Meadow View Drive 11/12/2014 $460,000 0.1 Affordable Hsg 1,028 0.32 2 2-
T 17 Meadow View Drive 9/16/2020 $1,775,000 0.1 Colonial 3,144 0.46 5 4-2
U 38 Hummock Pond Road 9/30/2005 $730,000 0.1 Colonial 1,965 0.86 4 3-1
V 59 Hummock Pond Road 11/13/2019 $0 0.1 Ranch 1,975 0.46 4 2-
W 40 Hummock Pond Road 3/10/2006 $1,560,000 0.1 Cape Cod 2,456 0.46 4 4-
X 32 Meadow View Drive 1/14/2013 $0 0.1 Colonial 3,124 0.46 5 2-1
Y 6 Oak Hollow Lane 10/24/2012 $799,000 0.1 Cape Cod 2,476 0.5 4 5-1
Z 15 Meadow View Drive 12/9/2013 $0 0.1 Cape Cod 1,404 0.46 3 2-
- 10 Hawthorne Lane $0 0.1 Ranch 2,426 1.06 3 3-
- 16 Meadow View Drive 4/4/1985 $35,000 0.1 Cape Cod 1,870 0.49 3 2-1
- 61 Hummock Pond Road 9/12/2006 $0 0.1 Cape Cod 1,885 0.66 3 2-
Averages 4564 days $707,720 0.08 --- 2,210 0.54 --- ---  
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
56 286 50 Hummock Pond Road