11 Somerset Road, Nantucket, MA 02554

11 Somerset Road Nantucket MA 02554
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Owner Information
Owner 1
Clifford J Williams
Owner 2
Owner's Address
P O Box 3842 Nantucket, MA 02584
Market Sale Information
Most recent sale date
4/15/2005
Previous sale date
09/29/2003
Transfer document #
00951-0133
Previous transfer document
00850-0179
Grantor
A Preston Manchester
Previous grantor
Albert P Manchester
Most recent sale price
$250,000.00
Previous sale price
$0.00
Site Information
Property ID
56-96
Lot Size
0.47
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
5
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
2800
Number of Kitchen
1
Gross Living Area
4618
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
2024
Land Value
$679,900.00
Total value
$1,610,500.00
Building value
$930,600.00
Estimated tax
$5,040.00
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 11 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $89.29 Style Colonial Age 1950 Rooms Bedrooms 5 Full baths 2 Half baths Gross Living Area 4618 Heating Fuel Hot Water Detached Garage Lot Size 0.47 Roof Cover Asph/F Gls/Cmp AEM Value - Building $930,600.00 AEM Value - Land $679,900.00 AEM Value - Other $0.00 AEM Value - Total $1,610,500.00
A) 17 Pleasant Street 0.6 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
B) 11 Pine Street 0.7 10/3/2024 $3,500,000 2,192 2 $1596.72 Colonial 1987 3 3 3177 Forced Air-Duc 0.13 Asph/F Gls/Cmp $888,200 $2,327,400 $0 $3,215,600
C) 1 Farmer Street 0.7 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
D) 16 Back Street 0.7 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
E) 45 Fair Street 0.7 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
F) 24 Fair Street 0.8 10/1/2024 $4,050,000 2,802 2 $1445.40 Antique 1800 5 4 1 5188 Hot Water 0.08 Asph/F Gls/Cmp $1,587,500 $1,651,475 $0 $3,238,975
G) 6 West Dover Street 0.8 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
H) 101 Orange Street 0.8 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
I) 20 West Chester Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 11 Somerset Road 4/15/2005 $250,000 0 Colonial 2,800 0.47 5 2- -
  Criteria
A 17 Pleasant Street 7/5/2024 $3,715,000 0.6 Antique 2,100 0.09 2 3-
B 11 Pine Street 10/3/2024 $3,500,000 0.7 Colonial 2,192 0.13 3 3-
C 1 Farmer Street 5/10/2024 $3,600,000 0.7 Antique 2,430 0.06 3 3-1
D 16 Back Street 8/29/2024 $3,295,000 0.7 Antique 2,946 0.12 4 3-
E 45 Fair Street 5/8/2024 $4,800,000 0.7 Custom Built 2,854 0.07 4 4-1
F 24 Fair Street 10/1/2024 $4,050,000 0.8 Antique 2,802 0.08 5 4-1
G 6 West Dover Street 7/18/2024 $2,130,000 0.8 Antique 2,321 0.14 4 1-
H 101 Orange Street 9/9/2024 $3,150,000 0.8 Antique 2,533 0.19 4 3-1
I 20 West Chester Street 6/17/2024 $6,995,000 1.0 Custom Built 3,287 0.28 4 4-2
Averages 72 days $3,915,000 0.76 --- 2,607 0.13 --- ---  

Estimation of Market Value - $3,086,695

As of today, 10/05/2024, the estimated market value of 11 Somerset Road, Nantucket considering the above 9 comparable properties is $3,086,695.

 

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
@ 11 Somerset Road 4/15/2005 $250,000 0 Colonial 2,800 0.47 5 2- -
  Criteria
A 13 Somerset Road 2/1/2021 $0 0.0 Ranch 1,456 0.46 1 2-
B 7 Somerset Road 12/18/2017 $0 0.0 Ranch 2,700 0.57 3 3-1
C 15 Somerset Road 1/26/1995 $0 0.0 Colonial 1,330 0.76 2 2-
D 1-A Manchester Circle 6/25/2007 $0 0.0 Cape Cod 2,755 0.28 9 3-
E 9-B Hussey Farm Road 4/8/2005 $375,000 0.1 Cape Cod 1,787 0.46 2 2-1
F 9-A Hussey Farm Road 4/1/2004 $425,000 0.1 Colonial 3,708 0.46 5 4-2
G 11 Hussey Farm Road $0 0.1 Cape Cod 1,986 0.76 3 2-1
H 5 Somerset Road 6/1/2007 $0 0.1 Ranch 1,248 0.32 3 1-
I 3 Manchester Circle 1/11/2011 $0 0.1 Colonial 2,336 0.52 5 3-
J 3 Somerset Road 12/15/2022 $4,249,999 0.1 Colonial 4,212 0.3 4 3-1
K 7 Hussey Farm Road 10/21/2013 $50,000 0.1 Vacant Land 0.57 -
L 2 Pinkham Circle $0 0.1 Colonial 1,120 0.51 2 2-
M 8 Somerset Road 7/26/1996 $120,000 0.1 Cape Cod 1,481 0.85 2 2-
N 14 Hummock Pond Road 2/28/2023 $14,859 0.1 Colonial 1,902 0.31 4 2-1
O 25 Roberts Lane 6/11/1998 $19,804,730 0.1 Family Conver. 1,920 0.76 5 2-
P 10 Somerset Road 3/12/2018 $0 0.1 Dormitory 2,880 0.54 5 3-
Q 4 Pinkham Circle 11/14/2012 $900,000 0.1 Cape Cod 2,874 0.34 3 3-1
R 5 Hussey Farm Road 1/3/2006 $0 0.1 Colonial 1,729 0.54 4 2-
S 2 Meadow View Drive 3/4/2019 $0 0.1 Colonial 1,824 0.46 3 2-1
T 10 Hussey Farm Road 12/31/2012 $0 0.1 Cape Cod 3,946 0.5 4 5-
U 16 Somerset Road 6/20/2018 $967,500 0.1 Colonial 2,562 0.46 4 3-1
V 14 Roberts Lane 4/17/2009 $285,000 0.1 Cape Cod 2,152 0.48 3 3-1
W 16 Hummock Pond Road 11/10/1993 $100,000 0.1 Bungalow 744 0.46 2 1-
X 6 Pinkham Circle 8/5/2002 $0 0.1 Colonial 2,283 0.51 5 3-
Y 4 Somerset Road 8/16/2001 $0 0.1 Ranch 1,352 0.93 3 1-
Z 18 Hummock Pond Road 3/15/2001 $100,000 0.1 Colonial 2,720 0.46 3 2-1
- 1 Somerset Road 6/3/2008 $750,000 0.1 Colonial 1,578 0.47 3 1-1
- 3 Pond Road 9/30/2016 $1,440,000 0.1 Cape Cod 1,872 0.49 4 3-
- 4 Meadow View Drive 5/7/2019 $0 0.1 Cape Cod 1,788 0.46 3 2-1
- 1 Pinkham Circle 1/5/2018 $0 0.1 Cape Cod 1,956 0.48 3 2-
- 8 Hussey Farm Road 12/11/2015 $1,137,500 0.1 Cape Cod 3,159 0.46 3 3-
- 20 Hummock Pond Road 7/7/1998 $0 0.1 Colonial 1,912 0.46 3 3-
- 21 Somerset Road 5/19/2015 $0 0.1 Service Shop 2,977 3 -
- 2 Somerset Road 1/29/2020 $1,295,000 0.1 Colonial 2,191 0.23 4 2-1
- 8 Pinkham Circle 6/16/2022 $0 0.1 Colonial 3,619 0.76 3 3-
- 12 Roberts Lane 4/25/2003 $495,000 0.1 Colonial 1,741 0.47 3 4-
- 4 Pond Road 4/12/2021 $0 0.1 Cape Cod 2,156 0.46 3 3-
Averages 5076 days $878,637 0.08 --- 2,161 0.58 --- ---  
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 96 11 Somerset Road