8 Macy Road, Nantucket, MA 02554

Owner Information
Owner 1
Philip N Gallagher Jr
Owner 2
Owner's Address
P O Box 1071 Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/6/2007
Previous sale date
10/01/1983
Transfer document #
C0022616-
Previous transfer document
C0005-0331
Grantor
Lillian D Gallagher
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
60-146
Lot Size
0.79
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
5
Year Built
1969
Number of full baths
1
Condition
Number of half baths
1
Finished Area
2067
Number of Kitchen
1
Gross Living Area
3964
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
$1,501,800.00
Total value
$1,564,500.00
Building value
$62,700.00
Estimated tax
$4,896.00
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 8 Macy Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1969 Rooms Bedrooms 5 Full baths 1 Half baths 1 Gross Living Area 3964 Heating Fuel Hot Water Detached Garage Lot Size 0.79 Roof Cover Asph/F Gls/Cmp AEM Value - Building $62,700.00 AEM Value - Land $1,501,800.00 AEM Value - Other $0.00 AEM Value - Total $1,564,500.00
A) 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
B) 40 Long Pond Drive 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Macy Road 6/6/2007 $0 0 Cape Cod 2,067 0.79 5 1-1 -
  Criteria
A 28 Sheep Pond Road 6/26/2024 $200,000 0.8 Colonial 1,783 0.92 3 2-
B 40 Long Pond Drive 9/24/2024 $3,088,000 0.8 Cape Cod 1,960 0.47 3 3-
Averages 57 days $1,644,000 0.82 --- 1,872 0.7 --- ---  

Estimation of Market Value - $1,648,592

As of today, 10/06/2024, the estimated market value of 8 Macy Road, Nantucket considering the above 2 comparable properties is $1,648,592.

 

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
@ 8 Macy Road 6/6/2007 $0 0 Cape Cod 2,067 0.79 5 1-1 -
  Criteria
A 6 Chicago Street 11/15/2005 $0 0.0 Colonial 2,022 0.89 4 3-
B 6 Macy Road 1/21/2021 $3,300,000 0.0 Custom Built 2,646 0.56 4 3-1
C 0 Macy Road 4/23/2019 $0 0.0 Vacant Land 0.72 -
D 328 Madaket Road 11/7/2022 $0 0.0 Ranch 1,155 0.36 2 1-
E 330 Madaket Road-Lot 102 $0 0.0 Outbuildings 0.41 -
F 326 Madaket Road 3/12/2004 $1,440,000 0.1 Restaurant 4,075 0.4 0 3-
G 330 Madaket Road $0 0.1 Cape Cod 2,058 0.43 5 2-
H 8 Chicago Street $0 0.1 Vacant Land 1.9 -
I 4 Macy Road 12/18/2017 $1,675,000 0.1 Modern/Contemp 2,111 0.52 4 4-1
J 332 Madaket Road 6/16/2022 $1,305,000 0.1 Ranch 1,212 0.45 2 1-
K 4 Baltimore Street $0 0.1 Vacant Land 3.5 -
L 324 Madaket Road 3/12/2004 $1,440,000 0.1 Vacant Land 0.17 -
M 6 Baltimore Street 4/29/2021 $0 0.1 Modern/Contemp 1,424 0.52 4 2-
N 3 Chicago Street 4/26/2019 $0 0.1 Vacant Land 0.24 -
O 7 Chicago Street $0 0.1 Outbuildings 1.3 -
P 1 Washington Avenue 6/19/2018 $1,085,000 0.1 Colonial 2,672 0.42 4 4-
Q 334 Madaket Road 9/8/2020 $1,300,000 0.1 Colonial 2,016 0.24 3 3-
R 333 Madaket Road 10/11/2013 $2,240,000 0.1 Colonial 3,570 0.74 3 4-
S 5 Chicago Street 4/23/2019 $0 0.1 Vacant Land 1 -
T 337 Madaket Road 9/2/2021 $2,975,000 0.1 Colonial 1,950 0.62 3 3-
U 4 Washington Avenue 12/29/2021 $0 0.1 Colonial 3,574 0.99 3 3-1
V 6-A Washington Avenue 10/25/2011 $0 0.1 Bungalow 616 0.24 2 1-
W 10 Chicago Street $0 0.1 Vacant Land 3.2 -
X 336 Madaket Road 7/12/2013 $99 0.1 Vacant Land 0.46 -
Y 25 Starbuck Road 3/26/2021 $0 0.1 Custom Built 4,039 0.8 3 4-2
Z 5 Baltimore Street 10/13/2022 $0 0.1 Modern/Contemp 1,522 0.8 3 2-
- 1 A Street 10/4/1985 $1 0.1 Colonial 1,424 0.22 3 1-1
- 3 Washington Avenue 1/31/2019 $2,135,000 0.1 Colonial 2,950 0.34 2 3-1
- 0 Chicago Street $0 0.1 Vacant Land 4.8 -
Averages 3257 days $651,555 0.08 --- 1,415 0.94 --- ---  
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
60 146 8 Macy Road