199 Madaket Road, Nantucket, MA 02554

199 Madaket Road Nantucket MA 02554
Owner Information
Owner 1
Jonathan Morse & Lisa
Owner 2
Owner's Address
89 Sparhawk St Portsmouth, NH 03801
Market Sale Information
Most recent sale date
12/15/2020
Previous sale date
02/01/2013
Transfer document #
C28063-
Previous transfer document
C0024693-0
Grantor
Michael J Connolly
Previous grantor
Michael J Connolly
Most recent sale price
$2,150,000.00
Previous sale price
$471,250.00
Site Information
Property ID
59-58-1
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1985
Number of full baths
2
Condition
Number of half baths
2
Finished Area
2750
Number of Kitchen
1
Gross Living Area
3752
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
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
$741,000.00
Total value
$3,243,300.00
Building value
$2,502,300.00
Estimated tax
$10,151.00
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 199 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $781.82 Style Colonial Age 1985 Rooms 7 Bedrooms 4 Full baths 2 Half baths 2 Gross Living Area 3752 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,502,300.00 AEM Value - Land $741,000.00 AEM Value - Other $0.00 AEM Value - Total $3,243,300.00
A) 19 Tennessee Avenue 0.9 8/12/2024 $4,000,000 3,349 2 $1194.39 Cape Cod 1991 3 2 1 6418 Hot Water 0.69 Asph/F Gls/Cmp $1,593,800 $1,495,800 $0 $3,089,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 199 Madaket Road 12/15/2020 $2,150,000 0 Colonial 2,750 0.46 4 2-2 -
  Criteria
A 19 Tennessee Avenue 8/12/2024 $4,000,000 0.9 Cape Cod 3,349 0.69 3 2-1
Averages 55 days $4,000,000 0.94 --- 3,349 0.69 --- ---  

Estimation of Market Value - $3,741,776

As of today, 10/06/2024, the estimated market value of 199 Madaket Road, Nantucket considering the above 1 comparable properties is $3,741,776.

 

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
@ 199 Madaket Road 12/15/2020 $2,150,000 0 Colonial 2,750 0.46 4 2-2 -
  Criteria
A 201 Madaket Road 10/21/2010 $2,000,000 0.0 Cape Cod 2,509 0.46 5 3-
B 197-A Madaket Road 10/1/2020 $1,387,500 0.0 Colonial 2,152 0.47 4 2-1
C 203 Madaket Road 10/31/1997 $379,000 0.0 Colonial 2,065 0.47 4 2-1
D 2 Long Pond Drive 2/15/1991 $82,000 0.0 Vacant Land 1.05 -
E 205 Madaket Road 7/12/2022 $0 0.1 Colonial 1,752 0.49 3 2-1
F 210 Madaket Road $0 0.1 Vacant Land 1.03 -
G 208 Madaket Road $0 0.1 Vacant Land 0.57 -
H 195 Madaket Road 3/28/1990 $330,000 0.1 Vacant Land 10.7 -
I 206 Madaket Road $0 0.1 Vacant Land 0.46 -
J 1 Long Pond Drive 11/30/2022 $0 0.1 Colonial 2,792 0.46 4 4-1
K 207 Madaket Road 4/14/2014 $0 0.1 Cape Cod 2,398 0.52 3 2-
L 197 Madaket Road 3/28/1990 $330,000 0.1 Vacant Land 0.63 -
M 4 Long Pond Drive 1/11/2002 $765,000 0.1 Colonial 1,472 1 3 2-
N 209 Madaket Road 4/17/2009 $0 0.1 Colonial 2,911 0.51 3 3-1
O 204 Madaket Road $0 0.1 Vacant Land 0.46 -
P 3 Long Pond Drive 6/8/2021 $0 0.1 Modern/Contemp 2,693 0.46 4 3-1
Q 211 Madaket Road 1/5/2011 $590,250 0.1 Vacant Land 0.59 -
R 5 Long Pond Drive 9/14/2015 $750,000 0.1 Custom Built 3,229 0.46 4 4-2
S 6 Long Pond Drive 3/15/2010 $0 0.1 Colonial 2,335 1.05 4 3-1
T 213 Madaket Road 1/29/2009 $1,656,250 0.1 Cape Cod 2,098 0.61 3 2-1
U 8 Long Pond Drive 10/3/2012 $0 0.1 Colonial 1,898 1.06 4 4-2
V 215 Madaket Road 11/12/2016 $0 0.1 Modern/Contemp 1,728 0.64 3 2-1
W 7 Long Pond Drive 7/8/2022 $0 0.1 Colonial 3,658 0.46 3 4-1
Averages 5362 days $359,565 0.08 --- 1,552 1.07 --- ---  
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
59 58 1 199 Madaket Road