271 Madaket Road, Nantucket, MA 02554

271 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Paul R Borneman & Cynthia N
Owner 2
Borneman Living Trust
Owner's Address
271 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
7/27/2005
Previous sale date
10/05/1998
Transfer document #
C0021867-
Previous transfer document
C0018-0599
Grantor
Paul R Borneman
Previous grantor
Paul R Borneman
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
594-356
Lot Size
0.09
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Colonial
Number of Rooms
7
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
3
Condition
Number of half baths
Finished Area
1982
Number of Kitchen
1
Gross Living Area
3162
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
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
$433,500.00
Total value
$1,323,600.00
Building value
$890,100.00
Estimated tax
$4,142.00
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 271 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1970 Rooms 7 Bedrooms 3 Full baths 3 Half baths Gross Living Area 3162 Heating Fuel Hot Water Detached Garage Lot Size 0.09 Roof Cover Asph/F Gls/Cmp AEM Value - Building $890,100.00 AEM Value - Land $433,500.00 AEM Value - Other $0.00 AEM Value - Total $1,323,600.00
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 0.8 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
@ 271 Madaket Road 7/27/2005 $0 0 Colonial 1,982 0.09 3 3- -
  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 0.8 Colonial 1,783 0.92 3 2-
Averages 57 days $1,644,000 0.58 --- 1,872 0.7 --- ---  

Estimation of Market Value - $1,497,202

As of today, 10/06/2024, the estimated market value of 271 Madaket Road, Nantucket considering the above 2 comparable properties is $1,497,202.

 

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
@ 271 Madaket Road 7/27/2005 $0 0 Colonial 1,982 0.09 3 3- -
  Criteria
A 273 Madaket Road 6/11/1998 $0 0.0 Cape Cod 1,900 0.46 3 2-
B 270 Madaket Road 9/13/2018 $0 0.0 Cape Cod 1,296 0.09 4 2-
C 272 Madaket Road $0 0.0 Vacant Land 0.05 -
D 272 Madaket Road-Lot 328 $0 0.0 Vacant Land 0.05 -
E 3 Oakland Street 9/22/2021 $0 0.0 Ranch 975 0.55 2 1-
F 274 Madaket Road 8/19/2021 $2,362,500 0.0 Outbuildings 0.05 -
G 274 Madaket Road-Lot 330 8/19/2021 $2,362,500 0.0 Vacant Land 0.05 -
H 266 Madaket Road 10/17/2019 $0 0.0 Ranch 980 0.33 2 1-
I 275 Madaket Road 1/29/2001 $0 0.0 Cape Cod 1,434 0.37 4 2-
J 0 Mississippi Avenue $0 0.0 Vacant Land 0.01 -
K 0 Mississippi Avenue $0 0.0 Vacant Land 0.05 -
L 0 Mississippi Avenue $0 0.0 Vacant Land 0.05 -
M 0 Mississippi Avenue $0 0.0 Vacant Land 0.03 -
N 0 Mississippi Avenue $0 0.0 Vacant Land 0.05 -
O 274 Madaket Road-Lot 331 8/19/2021 $2,362,500 0.0 Colonial 1,587 0.18 3 3-
P 0 Mississippi Avenue $0 0.0 Vacant Land 0.05 -
Q 10 Mississippi Avenue 3/11/2021 $0 0.0 Cape Cod 2,165 0.18 3 2-1
R 7 Oakland Street 12/22/2010 $1,325,000 0.0 Cape Cod 2,972 0.93 4 3-
S 277 Madaket Road 4/20/2006 $1,125,000 0.0 Colonial 1,624 0.11 2 1-2
T 265 Madaket Road 7/15/2019 $880,000 0.0 Colonial 3,024 0.59 2 2-
U 56 Washington Avenue 9/18/2023 $3,343,000 0.0 Colonial 2,294 0.73 2 2-
V 53 Washington Avenue 3/23/2021 $0 0.0 Colonial 1,180 0.09 3 2-
W 54 Washington Avenue 1/29/2001 $0 0.1 Vacant Land 0.05 -
X 276 Madaket Road $0 0.1 Vacant Land 0.05 -
Y 10 Mississippi Avenue-Lot 285 3/11/2021 $0 0.1 Vacant Land 0.09 -
Z 278 Madaket Road 5/15/2003 $0 0.1 Vacant Land 0.05 -
- 35 Tennessee Avenue 11/4/2016 $2,300,000 0.1 Cape Cod 2,384 0.72 5 4-
- 264 Madaket Road 7/31/2014 $30,000 0.1 Vacant Land 0.15 -
- 281 Madaket Road 10/25/2001 $147,500 0.1 Vacant Land 0.39 -
- 280 Madaket Road 5/15/2003 $0 0.1 Vacant Land 0.05 -
- 0 Mississippi Avenue 9/7/2005 $0 0.1 Vacant Land 0.05 -
- 0 Madaket Road $0 0.1 Vacant Land 0.05 -
- 0 Mississippi Avenue 1/11/2021 $5,500 0.1 Vacant Land 0.05 -
- 0 Mississippi Avenue 1/11/2021 $5,500 0.1 Vacant Land 0.05 -
- 0 Mississippi Avenue 9/7/2005 $0 0.1 Vacant Land 0.05 -
- 0 Madaket Road $0 0.1 Vacant Land 0.05 -
- 17 Arkansas Avenue $0 0.1 Ranch 1,015 0.46 3 2-
- 0 Madaket $0 0.1 Vacant Land 0.05 -
- 9 Arkansas Avenue $0 0.1 Ranch 1,015 0.52 3 2-
- 11 Arkansas Avenue 1/23/1984 $1 0.1 Ranch 1,015 0.46 3 2-
- 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-
- 15 Arkansas Avenue $0 0.1 Ranch 1,015 0.58 3 2-
- 0 Mississippi Avenue $0 0.1 Vacant Land 0.05 -
- 11 Mississippi Avenue 1/26/2022 $0 0.1 Modern/Contemp 1,978 0.43 3 2-
- 7 Arkansas Avenue 7/31/2008 $670,000 0.1 Ranch 1,015 0.48 3 2-
- 33 Tennessee Avenue 4/3/2020 $0 0.1 Cape Cod 1,700 0.28 3 2-
- 38 Tennessee Avenue 12/28/2017 $9,775,000 0.1 Vacant Land 0.45 -
- 5 Arkansas Avenue 10/6/2014 $800,000 0.1 Ranch 1,015 0.46 3 2-
- 14 Oakland Street 12/28/2017 $9,775,000 0.1 Colonial 1,651 1.41 2 2-1
- 51 Washington Avenue 10/5/1994 $95,000 0.1 Colonial 2,708 0.4 3 2-1
- 262 Madaket Road 12/18/2006 $0 0.1 Ranch 1,208 0.29 3 1-
- 282 Madaket Road 1/12/2015 $650,000 0.1 Colonial 2,079 0.66 3 3-1
- 23 Arkansas Avenue 9/1/1978 $0 0.1 Ranch 1,015 0.55 3 2-
- 7 I Street 10/15/2021 $0 0.1 Ranch 1,140 0.28 2 2-1
- 261 Madaket Road 7/21/2021 $0 0.1 Colonial 1,790 0.58 3 2-1
- 0 Utah Avenue $0 0.1 Vacant Land 0.05 -
- 19 Arkansas Avenue $0 0.1 Ranch 1,015 0.46 3 2-
- 62 Washington Avenue 1/11/2018 $950,000 0.1 Cape Cod 2,525 0.23 3 2-1
- 260 Madaket Road 11/9/2012 $0 0.1 Ranch 1,015 0.5 3 2-
- 34 Tennessee Avenue 9/21/2011 $0 0.1 Vacant Land 0.36 -
- 4 I Street 1/20/2022 $0 0.1 Ranch 1,936 0.55 4 2-1
- 0 Utah Avenue $0 0.1 Vacant Land 0.05 -
- 21 Arkansas Avenue $0 0.1 Ranch 1,015 0.32 3 2-
- 69 Starbuck Road 7/19/2017 $264,000 0.1 Ranch 1,015 0.54 3 2-
- 67 Starbuck Road 8/10/2010 $600,000 0.1 Ranch 1,388 0.56 2 2-
- 25 Arkansas Avenue-Lot 12 $0 0.1 Vacant Land 0.05 -
- 41 Tennessee Avenue 6/20/2003 $665,000 0.1 Ranch 1,008 0.28 3 1-
- 27 Arkansas Avenue $0 0.1 Ranch 1,015 0.37 3 2-
- 0 Utah Avenue $0 0.1 Vacant Land 0.05 -
- 32 Tennessee Avenue 10/15/2021 $0 0.1 Vacant Land 0.18 -
- 25 Arkansas Avenue $0 0.1 Vacant Land 0.05 -
- 36 Tennessee Avenue 12/31/1990 $0 0.1 Colonial 1,704 0.91 3 2-
- 0 Utah Avenue $0 0.1 Vacant Land 0.05 -
Averages 4482 days $579,635 0.07 --- 808 0.29 --- ---  
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
594 356 271 Madaket Road