261 Madaket Road, Nantucket, MA 02554

261 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Catherine M Slattery
Owner 2
Owner's Address
20 N Cambridge St Nantucket, MA 02554
Market Sale Information
Most recent sale date
7/21/2021
Previous sale date
05/10/2016
Transfer document #
C26051-
Previous transfer document
C0026051-0
Grantor
Phyllis A Slattery
Previous grantor
Phyllis A Slattery
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
594-268
Lot Size
0.58
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1978
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1790
Number of Kitchen
1
Gross Living Area
2216
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
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
$748,200.00
Total value
$1,453,700.00
Building value
$705,500.00
Estimated tax
$4,550.00
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 261 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1978 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2216 Heating Fuel Hot Water Detached Garage Lot Size 0.58 Roof Cover Asph/F Gls/Cmp AEM Value - Building $705,500.00 AEM Value - Land $748,200.00 AEM Value - Other $0.00 AEM Value - Total $1,453,700.00
A) 40 Long Pond Drive 0.3 9/24/2024 $3,088,000 1,960 1.75 $1575.51 Cape Cod 1965 5 3 3 3692 Forced Air-Duc 0.47 Wood Shingle $756,600 $741,600 $0 $1,498,200
B) 28 Sheep Pond Road 0.9 6/26/2024 $200,000 1,783 2 $112.17 Colonial 1979 3 2 4097 Hot Water 0.92 Asph/F Gls/Cmp $1,201,800 $772,329 $0 $1,974,129
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 261 Madaket Road 7/21/2021 $0 0 Colonial 1,790 0.58 3 2-1 -
  Criteria
A 40 Long Pond Drive 9/24/2024 $3,088,000 0.3 Cape Cod 1,960 0.47 3 3-
B 28 Sheep Pond Road 6/26/2024 $200,000 0.9 Colonial 1,783 0.92 3 2-
Averages 57 days $1,644,000 0.57 --- 1,872 0.7 --- ---  

Estimation of Market Value - $1,474,469

As of today, 10/06/2024, the estimated market value of 261 Madaket Road, Nantucket considering the above 2 comparable properties is $1,474,469.

 

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
@ 261 Madaket Road 7/21/2021 $0 0 Colonial 1,790 0.58 3 2-1 -
  Criteria
A 259 Madaket Road 10/10/2013 $0 0.0 Cape Cod 1,280 0.5 2 1-
B 262 Madaket Road 12/18/2006 $0 0.0 Ranch 1,208 0.29 3 1-
C 62 Washington Avenue 1/11/2018 $950,000 0.0 Cape Cod 2,525 0.23 3 2-1
D 250 Madaket Road 12/2/2019 $1,425,000 0.0 Ranch 1,312 1.2 3 2-
E 260 Madaket Road 11/9/2012 $0 0.1 Ranch 1,015 0.5 3 2-
F 69 Washington Avenue 2/14/2006 $100 0.1 Cape Cod 3,309 0.5 3 2-
G 43 Tennessee Avenue 10/9/2015 $1,975,000 0.1 Colonial 2,837 0.88 4 3-
H 265 Madaket Road 7/15/2019 $880,000 0.1 Colonial 3,024 0.59 2 2-
I 264 Madaket Road 7/31/2014 $30,000 0.1 Vacant Land 0.15 -
J 5 Arkansas Avenue 10/6/2014 $800,000 0.1 Ranch 1,015 0.46 3 2-
K 7 Arkansas Avenue 7/31/2008 $670,000 0.1 Ranch 1,015 0.48 3 2-
L 41 Tennessee Avenue 6/20/2003 $665,000 0.1 Ranch 1,008 0.28 3 1-
M 8 M Street 11/22/2005 $0 0.1 Ranch 1,232 0.54 3 2-
N 6 M Street 12/16/2014 $775,000 0.1 Colonial 1,714 0.46 3 2-
O 254 Madaket Road 6/19/1987 $49,000 0.1 Cape Cod 1,547 1.5 3 2-
P 2 L Street $0 0.1 Ranch 736 0.46 2 1-
Q 3 Oakland Street 9/22/2021 $0 0.1 Ranch 975 0.55 2 1-
R 7 Oakland Street 12/22/2010 $1,325,000 0.1 Cape Cod 2,972 0.93 4 3-
S 255 Madaket Road 3/21/1997 $0 0.1 Colonial 1,344 0.66 3 1-
T 266 Madaket Road 10/17/2019 $0 0.1 Ranch 980 0.33 2 1-
U 9 Arkansas Avenue $0 0.1 Ranch 1,015 0.52 3 2-
V 11 Arkansas Avenue 1/23/1984 $1 0.1 Ranch 1,015 0.46 3 2-
W 30 Arkansas Avenue $0 0.1 Town House 960 0.06 2 2-
X 28 Arkansas Avenue 4/23/2020 $475,000 0.1 Town House 1,440 0.1 3 2-1
Y 1 Arkansas Avenue 2/28/2013 $465,000 0.1 Ranch 1,015 0.84 3 2-
Z 26 Arkansas Avenue 9/18/2014 $475,002 0.1 Town House 1,280 0.08 3 2-
- 24 Arkansas Avenue 4/21/1995 $0 0.1 Town House 1,280 0.08 2 2-
- 271 Madaket Road 7/27/2005 $0 0.1 Colonial 1,982 0.09 3 3-
- 22 Arkansas Avenue 2/4/2014 $460,000 0.1 Town House 1,440 0.08 3 2-
- 20 Arkansas Avenue 10/2/2002 $0 0.1 Town House 1,440 0.1 3 2-1
- 270 Madaket Road 9/13/2018 $0 0.1 Cape Cod 1,296 0.09 4 2-
- 18 Arkansas Avenue 11/4/2016 $375,000 0.1 Town House 948 0.07 3 2-
- 40 Arkansas Avenue 10/12/2007 $485,000 0.1 Town House 960 0.1 2 2-
- 42 Arkansas Avenue 5/1/2017 $410,000 0.1 Town House 1,280 0.11 3 2-
- 51 Tennessee Avenue 9/25/2020 $2,000,000 0.1 Cape Cod 1,104 0.78 3 2-
- 253 Madaket Road 10/8/2021 $1,795,000 0.1 Colonial 1,512 0.65 3 3-
- 0 Mississippi Avenue $0 0.1 Vacant Land 0.05 -
- 16 Arkansas Avenue 8/30/2000 $340,000 0.1 Town House 1,440 0.11 3 1-1
- 44 Arkansas Avenue 10/28/2015 $490,000 0.1 Town House 1,440 0.14 3 2-1
- 46 Arkansas Avenue 6/28/2019 $536,000 0.1 Town House 1,280 0.11 3 2-
- 44 Tennessee Avenue $0 0.1 Colonial 3,474 0.68 3 3-1
- 14 Oakland Street 12/28/2017 $9,775,000 0.1 Colonial 1,651 1.41 2 2-1
- 48 Arkansas Avenue 6/13/2008 $375,000 0.1 Town House 960 0.09 2 2-
- 272 Madaket Road $0 0.1 Vacant Land 0.05 -
- 0 Mississippi Avenue $0 0.1 Vacant Land 0.05 -
- 13 Arkansas Avenue 11/23/2022 $2,400,000 0.1 Ranch 1,015 0.46 3 2-
- 68 Washington Avenue 5/25/2018 $2,090,000 0.1 Colonial 3,758 0.46 3 4-1
- 273 Madaket Road 6/11/1998 $0 0.1 Cape Cod 1,900 0.46 3 2-
- 0 Mississippi Avenue $0 0.1 Vacant Land 0.03 -
- 272 Madaket Road-Lot 328 $0 0.1 Vacant Land 0.05 -
- 252 Madaket Road 12/24/2013 $675,000 0.1 Colonial 3,538 1.1 5 4-1
- 46 Tennessee Avenue 6/10/2016 $0 0.1 Cape Cod 2,212 1.27 3 3-
- 0 Mississippi Avenue $0 0.1 Vacant Land 0.01 -
- 56 Washington Avenue 9/18/2023 $3,343,000 0.1 Colonial 2,294 0.73 2 2-
- 15 Arkansas Avenue $0 0.1 Ranch 1,015 0.58 3 2-
- 14 Arkansas Avenue 3/23/2018 $615,000 0.1 Town House 1,296 0.14 3 2-
- 34 Arkansas Avenue 1/2/2018 $460,000 0.1 Town House 960 0.1 2 2-
- 8 Arkansas Avenue 2/3/2021 $1,935,000 0.1 Cape Cod 2,607 1.08 3 3-
- 36 Arkansas Avenue 7/28/2023 $1,120,000 0.1 Town House 1,264 0.16 3 2-
- 12 Arkansas Avenue 12/5/2017 $0 0.1 Town House 960 0.1 2 2-
- 274 Madaket Road 8/19/2021 $2,362,500 0.1 Outbuildings 0.05 -
- 38 Arkansas Avenue 8/11/1995 $148,000 0.1 Town House 1,280 0.18 3 2-
- 0 Mississippi Avenue $0 0.1 Vacant Land 0.05 -
- 50 Arkansas Avenue 9/30/2013 $330,000 0.1 Town House 960 0.11 2 2-
- 50 Tennessee Avenue-Lot 200 6/18/2008 $1,800,000 0.1 Vacant Land 0.22 -
Averages 4496 days $696,594 0.10 --- 1,328 0.4 --- ---  
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
594 268 261 Madaket Road