3 Bailey Road, Nantucket, MA 02554

3 Bailey Road Nantucket MA 02554
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Owner Information
Owner 1
Carol Falconer & Marrett Victor
Owner 2
Owner's Address
3 Bailey Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
1/24/2019
Previous sale date
01/26/2015
Transfer document #
01679-0314
Previous transfer document
01470-0111
Grantor
Asset Acquisition LLC
Previous grantor
Residential Credit Solutions Inc
Most recent sale price
$645,000.00
Previous sale price
$0.00
Site Information
Property ID
56-426
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1997
Number of full baths
2
Condition
Number of half baths
Finished Area
1756
Number of Kitchen
Gross Living Area
3042
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$637,700.00
Total value
$1,345,000.00
Building value
$707,300.00
Estimated tax
$4,209.00
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 3 Bailey Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $367.31 Style Colonial Age 1997 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 3042 Heating Fuel Hot Water Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $707,300.00 AEM Value - Land $637,700.00 AEM Value - Other $0.00 AEM Value - Total $1,345,000.00
A) 8 Luff Road 0.2 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
B) 8 Essex Road 0.2 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
C) 16 Polliwog Pond Road 0.3 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
D) 31 Surfside Road 0.4 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
E) 7 Yompasham Lane 0.4 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
F) 85 Somerset Road 0.7 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
G) 3 Back Street 0.8 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
H) 1 Back Street 0.8 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
I) 38 Pine Street 0.8 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
J) 121 Orange Street 0.8 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
K) 108 Main Street 0.8 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
L) 4 York Street 0.9 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
M) 149 Main Street 0.9 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Bailey Road 1/24/2019 $645,000 0 Colonial 1,756 0.23 4 2- -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.2 Ranch 1,894 0.36 3 2-
B 8 Essex Road 5/15/2024 $1,900,000 0.2 Colonial 1,872 0.31 3 3-
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.3 Cape Cod 1,830 0.24 5 2-
D 31 Surfside Road 5/23/2024 $2,125,000 0.4 Cape Cod 1,404 0.15 3 2-
E 7 Yompasham Lane 2/14/2024 $2,262,500 0.4 Conventional 1,878 0.25 3 3-
F 85 Somerset Road 3/12/2024 $2,950,000 0.7 Cape Cod 2,069 0.47 2 2-1
G 3 Back Street 1/2/2024 $2,900,000 0.8 Ranch 1,344 0.12 3 2-
H 1 Back Street 1/2/2024 $2,900,000 0.8 Colonial 1,520 0.12 2 2-
I 38 Pine Street 1/31/2024 $2,225,000 0.8 Antique 1,707 0.07 3 1-1
J 121 Orange Street 3/1/2024 $800,000 0.8 Antique 1,574 0.3 3 1-
K 108 Main Street 3/19/2024 $4,500,000 0.8 Antique 2,005 0.17 6 4-1
L 4 York Street 3/28/2024 $2,175,000 0.9 Antique 1,489 0.07 3 2-
M 149 Main Street 5/17/2024 $4,225,000 0.9 Conventional 1,698 0.14 3 1-1
Averages 112 days $2,547,115 0.62 --- 1,714 0.21 --- ---  

Estimation of Market Value - $2,247,918

As of today, 07/02/2024, the estimated market value of 3 Bailey Road, Nantucket considering the above 13 comparable properties is $2,247,918.

 

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
@ 3 Bailey Road 1/24/2019 $645,000 0 Colonial 1,756 0.23 4 2- -
  Criteria
A 5 Bailey Road 6/2/2016 $660,000 0.0 Colonial 1,764 0.23 3 1-1
B 1 Bailey Road 5/4/2021 $550,000 0.0 Colonial 1,848 0.23 4 2-
C 1 Sea Fox Circle 7/17/2017 $720,000 0.0 Cape Cod 1,260 0.23 4 2-
D 68 Cato Lane 10/1/2013 $760,000 0.0 Family Duplex 3,206 0.23 8 5-2
E 3 Sea Fox Circle 11/2/2005 $795,000 0.0 Colonial 1,965 0.23 4 3-
F 6 Bailey Road 4/5/2013 $399,000 0.0 Colonial 1,848 0.23 3 2-
G 70 Cato Lane 10/9/2001 $0 0.0 Cape Cod 1,852 0.23 3 2-1
H 8 Bailey Road 2/15/2018 $829,000 0.0 Cape Cod 1,260 0.23 4 2-
I 5 Sea Fox Circle 7/28/2021 $0 0.0 Cape Cod 2,712 0.23 6 3-
J 2 Sea Fox Circle 3/21/2022 $1,850,000 0.0 Family Duplex 2,464 0.24 6 4-
K 10 Bailey Road 11/8/2012 $460,000 0.1 Colonial 2,071 0.23 4 2-1
L 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
M 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
N 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
O 4 Sea Fox Circle 5/24/1996 $193,000 0.1 Colonial 1,890 0.23 4 2-
P 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
Q 5 Skiff Lane 10/21/2016 $550,000 0.1 Cape Cod 914 0.14 3 3-
R 7 Skiff Lane 5/17/2019 $920,000 0.1 Cape Cod 1,551 0.11 3 3-1
S 12 Bailey Road 2/7/2022 $0 0.1 Colonial 1,848 0.23 4 2-
T 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
U 7 Bailey Road 6/11/2014 $95,000 0.1 Colonial 1,680 0.23 3 2-
V 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
W 7 Sea Fox Circle 8/3/2001 $462,000 0.1 Cape Cod 1,380 0.23 4 2-
X 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
Y 9 Pheasant Drive 11/18/2003 $570,375 0.1 Family Duplex 2,184 0.21 5 4-
Z 14 Bailey Road 4/29/1992 $0 0.1 Family Duplex 2,464 0.23 5 4-
- 6 Sea Fox Circle 1/24/2008 $0 0.1 Cape Cod 1,428 0.23 3 2-
- 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
- 49 Cato Lane 6/22/2022 $0 0.1 Ranch 2,160 0.53 3 2-
- 9 Bailey Road 7/1/2021 $1,600,000 0.1 Family Duplex 2,659 0.23 5 6-
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
- 7 Pheasant Drive 1/28/1988 $0 0.1 Ranch 1,411 0.33 3 2-
- 1 White Whale Lane 11/21/2018 $460,000 0.1 Family Duplex 4,326 0.24 8 8-2
- 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
- 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
- 5 Pheasant Drive 3/14/1985 $35,000 0.1 Family Conver. 1,856 0.23 4 2-1
- 3 Pheasant Drive 3/8/1996 $180,000 0.1 Cape Cod 1,260 0.23 3 2-
- 11 Bailey Road 8/16/2013 $580,000 0.1 Colonial 1,820 0.24 4 2-
- 31 Bartlett Road 9/4/1990 $185,000 0.1 Cape Cod 1,584 0.64 2 2-
- 69 Cato Lane 1/7/2005 $0 0.1 Ranch 768 0.67 2 1-
- 37 Tashama Lane 4/6/2017 $0 0.1 Cape Cod 1,692 0.31 3 2-
- 19 Friendship Lane 3/14/2003 $0 0.1 Colonial 1,875 0.5 4 2-
- 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
- 2 Corby Way 5/21/2019 $700,000 0.1 Colonial 1,330 0.23 3 2-
- 18 Bailey Road 5/18/2021 $0 0.1 Family Duplex 2,404 0.23 5 3-
- 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
- 15 Bailey Road 8/6/2015 $0 0.1 Family Duplex 2,464 0.24 6 4-
- 23 Friendship Lane 2/18/2011 $450,000 0.1 Ranch 1,277 0.54 2 1-
- 1 Pheasant Drive 9/21/1995 $0 0.1 Cottage 400 0.2 0 0-1
- 13 Friendship Lane 3/14/1995 $65,000 0.1 Cape Cod 1,960 0.47 5 3-
- 35 Tashama Lane 12/30/2020 $0 0.1 Cape Cod 3,636 0.27 6 4-
- 25 Friendship Lane 5/19/2006 $0 0.1 Ranch 2,224 0.51 3 2-
- 37 Bartlett Road $0 0.1 Clubs/Lodges 4,480 0.51 0 2-
Averages 5321 days $323,328 0.08 --- 1,914 0.35 --- ---  
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
56 426 3 Bailey Road