48 Meadow View Drive, Nantucket, MA 02554

48 Meadow View Drive Nantucket MA 02554
Owner Information
Owner 1
Tyrus Raymond Cobb III
Owner 2
Neil E Marttila
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
10/8/2024
Previous sale date
11/2/2012
Transfer document #
D180636-0
Previous transfer document
C0024473-
Grantor
Lauren J Marttila
Previous grantor
Neil E Marttila
Most recent sale price
$600,000.00
Previous sale price
$399,000.00
Site Information
Property ID
56-299
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
2
Year Built
1983
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1881
Number of Kitchen
1
Gross Living Area
3582
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
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
$1,173,400.00
Total value
$1,867,800.00
Building value
$694,400.00
Estimated tax
$6,126.00
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$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property80 Somerset Road7 Otokomi Road7 Skiff Lane10 Marble Way4-A Marble Way1 Pinkham Circle48 Meadow View Drive15 Rudder Lane24 Meadow View Drive2 Wamasquid Place11 Pine Street21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
Address 48 Meadow View Drive A) 2 Wamasquid PlaceB) 1 Pinkham CircleC) 24 Meadow View DriveD) 7 Skiff LaneE) 80 Somerset RoadF) 4-A Marble WayG) 10 Marble WayH) 15 Rudder LaneI) 21 Pleasant StreetJ) 7 Otokomi RoadK) 11 Pine Street
Photo
Plan
Map
Proximity 0.10.10.20.40.50.60.60.70.80.90.9
Last Sold 2/13/202510/15/202412/4/20243/27/20252/21/20251/17/202510/25/20241/23/20253/20/202512/23/202410/3/2024
Price $2,500,000$2,000,000$2,250,000$1,700,000$702,465$1,925,000$1,500,000$2,600,000$7,375,000$673,240$3,500,000
Net Living Area 1,9661,9562,2121,5511,6801,7281,4282,2401,9361,5442,192
Stories 2121.751.7511.752222
Sale Price/sft $318.98$1271.62$1022.49$1017.18$1096.07$418.13$1114.00$1050.42$1160.71$3809.40$436.04$1596.72
Style ColonialColonialCape CodColonialCape CodAffordable HsgCape CodColonialColonialConventionalColonialColonial
Age 198319851980197720082004197519702003192319951987
Rooms
Bedrooms 233333334333
Full baths 122232212123
Half baths 111112
Gross Living Area 358243723552448421372640364818084284326617133177
Heating Fuel Hot WaterElectr BasebrdElectr BasebrdHot WaterHot WaterHot WaterHot WaterElectr BasebrdHot WaterHot WaterHot Air-No DucForced Air-Duc
Detached Garage
Lot Size 0.461.70.480.460.110.210.170.770.430.110.310.13
Roof Cover Asph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $694,400.00$950,900$654,300$1,017,400$776,600$423,700$830,800$618,800$1,347,800$2,690,500$623,000$900,700
AEM Value - Land $1,173,400.00$1,291,100$1,175,200$1,173,400$478,800$306,306$589,100$727,800$707,400$1,466,700$330,600$2,285,100
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $1,867,800.00$2,242,000$1,829,500$2,190,800$1,255,400$730,006$1,419,900$1,346,600$2,055,200$4,157,200$953,600$3,185,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Meadow View Drive 10/8/2024 $600,000 0 Colonial 1,881 0.46 2 1-1 -
  Criteria
A 2 Wamasquid Place 2/13/2025 $2,500,000 0.1 Colonial 1,966 1.7 3 2-
B 1 Pinkham Circle 10/15/2024 $2,000,000 0.1 Cape Cod 1,956 0.48 3 2-
C 24 Meadow View Drive 12/4/2024 $2,250,000 0.2 Colonial 2,212 0.46 3 2-1
D 7 Skiff Lane 3/27/2025 $1,700,000 0.4 Cape Cod 1,551 0.11 3 3-1
E 80 Somerset Road 2/21/2025 $702,465 0.5 Affordable Hsg 1,680 0.21 3 2-
F 4-A Marble Way 1/17/2025 $1,925,000 0.6 Cape Cod 1,728 0.17 3 2-
G 10 Marble Way 10/25/2024 $1,500,000 0.6 Colonial 1,428 0.77 3 1-1
H 15 Rudder Lane 1/23/2025 $2,600,000 0.7 Colonial 2,240 0.43 4 2-1
I 21 Pleasant Street 3/20/2025 $7,375,000 0.8 Conventional 1,936 0.11 3 1-2
J 7 Otokomi Road 12/23/2024 $673,240 0.9 Colonial 1,544 0.31 3 2-
K 11 Pine Street 10/3/2024 $3,500,000 0.9 Colonial 2,192 0.13 3 3-
Averages 87 days $2,429,610 0.52 --- 1,858 0.44 --- ---  

Estimation of Market Value - $2,398,314

As of today, 03/30/2025, the estimated market value of 48 Meadow View Drive, Nantucket considering the above 11 comparable properties is $2,398,314.

 

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 Property2 Pinkham Circle59 Meadow View Drive61 Meadow View Drive63 Meadow View Drive57 Meadow View Drive1 Pinkham Circle11 Pond Road48 Meadow View Drive9 Pond Road4 Pond Road4 Pinkham Circle6 Pond Road8 Pond Road2 Wamasquid Place55 Meadow View Drive1 Wamasquid Place6 Pinkham Circle10 Hussey Farm Road7 Pond Road8 Pinkham Circle3 Pond Road3 Wamasquid Place10 Pinkham Circle39 Meadow View Drive5 Pond Road60 Meadow View Drive53 Meadow View Drive$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
@ 48 Meadow View Drive 10/8/2024 $600,000 0 Colonial 1,881 0.46 2 1-1 -
  Criteria
A 46 Meadow View Drive 12/15/1999 $0 0.0 Cape Cod 1,040 0.46 3 2-
B 50 Meadow View Drive 12/5/1996 $120,000 0.0 Cape Cod 792 0.46 2 1-
C 44 Meadow View Drive 3/24/2005 $0 0.0 Colonial 1,737 0.46 3 3-
D 52 Meadow View Drive 8/15/2017 $1,225,000 0.0 Cape Cod 2,172 0.46 3 2-1
E 3 Pinkham Circle 8/16/2002 $650,000 0.0 Colonial 2,718 0.95 3 3-1
F 54 Meadow View Drive 2/19/2014 $1,900,000 0.0 Vacant Land 0.46 -
G 42 Meadow View Drive 1/25/1994 $0 0.1 Colonial 1,008 0.59 3 1-1
H 5 Pinkham Circle 12/10/2010 $375,000 0.1 Colonial 2,578 0.69 3 4-1
I 1 Wamasquid Place 3/11/2021 $1,650,000 0.1 Colonial 2,384 0.79 4 3-
J 10 Pond Road 6/9/1998 $115,000 0.1 Colonial 1,632 0.52 3 2-1
K 6 Pond Road 5/12/1998 $320,000 0.1 Colonial 1,512 0.48 2 2-
L 8 Pond Road 11/16/2016 $985,000 0.1 Colonial 1,487 0.47 3 2-1
M 2 Wamasquid Place 2/13/2025 $2,500,000 0.1 Colonial 1,966 1.7 3 2-
N 4 Pond Road 4/12/2021 $0 0.1 Cape Cod 2,156 0.46 3 3-
O 53 Meadow View Drive 4/6/2021 $5,000,000 0.1 Custom Built 5,012 0.82 2 6-1
P 56 Meadow View Drive 2/19/2014 $1,900,000 0.1 Cape Cod 1,296 1 2 2-
Q 12 Pond Road 3/8/2002 $425,000 0.1 Colonial 1,144 0.52 2 1-1
R 49 Meadow View Drive 9/27/2023 $6,100,000 0.1 Guest Quarters 896 2.09 1 1-
S 55 Meadow View Drive 5/17/2011 $750,000 0.1 Cape Cod 2,555 1.03 3 2-1
T 1 Pinkham Circle 10/15/2024 $2,000,000 0.1 Cape Cod 1,956 0.48 3 2-
U 10 Pinkham Circle 2/19/2014 $1,055,000 0.1 Conventional 1,806 0.47 2 2-
V 59 Meadow View Drive 10/12/2017 $1,095,000 0.1 Colonial 1,456 0.46 3 2-
W 57 Meadow View Drive 4/7/2006 $1,540,000 0.1 Cape Cod 2,436 0.83 5 4-
X 3 Wamasquid Place 12/10/2018 $1,650,000 0.1 Colonial 2,675 1.35 3 3-
Y 61 Meadow View Drive 7/29/1992 $59,500 0.1 Cape Cod 1,392 0.49 3 2-
Z 8 Pinkham Circle 6/16/2022 $0 0.1 Colonial 3,619 0.76 3 3-
- 60 Meadow View Drive 12/31/2002 $0 0.1 Family Conver. 1,920 0.96 6 3-
- 6 Pinkham Circle 8/5/2002 $0 0.1 Colonial 2,283 0.51 5 3-
- 7 Pond Road 9/30/2022 $0 0.1 Cape Cod 1,870 0.49 4 2-1
- 5 Pond Road 10/8/2010 $1,437,500 0.1 Colonial 2,960 0.49 4 3-1
- 9 Pond Road 9/14/2017 $0 0.1 Conventional 1,100 0.48 1 1-
- 4 Pinkham Circle 11/14/2012 $900,000 0.1 Cape Cod 2,874 0.34 3 3-1
- 3 Pond Road 9/30/2016 $1,440,000 0.1 Cape Cod 1,872 0.49 4 3-
- 63 Meadow View Drive 9/3/2013 $0 0.1 Colonial 1,440 0.51 2 2-
- 47 Meadow View Drive 8/28/2000 $350,000 0.1 Vacant Land 3.32 -
- 11 Pond Road 9/9/2009 $700,000 0.1 Cape Cod 1,806 0.48 4 2-
- 39 Meadow View Drive 4/22/2022 $2,865,000 0.1 Colonial 2,064 0.94 4 2-1
- 2 Pinkham Circle $0 0.1 Colonial 1,120 0.51 2 2-
- 10 Hussey Farm Road 12/31/2012 $0 0.1 Cape Cod 3,946 0.5 4 5-
Averages 5009 days $1,002,744 0.09 --- 1,915 0.75 --- ---  
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
56 299 48 Meadow View Drive