303 Madaket Road, Nantucket, MA 02554

303 Madaket Road Nantucket MA 02554
Owner Information
Owner 1
Lars O Soderberg & Jane F
Owner 2
Owner's Address
3 Sunset Drive Cherry Hills Vill, CO 80113
Market Sale Information
Most recent sale date
7/21/2004
Previous sale date
08/09/1985
Transfer document #
C0021336-
Previous transfer document
C0011-0981
Grantor
Lars O Soderberg
Previous grantor
Most recent sale price
$435,000.00
Previous sale price
$18,750.00
Site Information
Property ID
6021-54
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
2006
Number of full baths
5
Condition
Number of half baths
Finished Area
3585
Number of Kitchen
Gross Living Area
5204
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
$610,800.00
Total value
$2,340,400.00
Building value
$1,729,600.00
Estimated tax
$7,325.00
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 303 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $121.34 Style Colonial Age 2006 Rooms Bedrooms 3 Full baths 5 Half baths Gross Living Area 5204 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,729,600.00 AEM Value - Land $610,800.00 AEM Value - Other $0.00 AEM Value - Total $2,340,400.00
A) 19 Tennessee Avenue 0.1 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
B) 24 Sheep Pond Road 0.7 9/23/2024 $1,375,000 3,084 2 $445.85 Colonial 1987 9 6 5 4692 Electr Basebrd 0.78 Asph/F Gls/Cmp $1,550,600 $1,150,998 $0 $2,701,598
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 303 Madaket Road 7/21/2004 $435,000 0 Colonial 3,585 0.18 3 5- -
  Criteria
A 19 Tennessee Avenue 8/12/2024 $4,000,000 0.1 Cape Cod 3,349 0.69 3 2-1
B 24 Sheep Pond Road 9/23/2024 $1,375,000 0.7 Colonial 3,084 0.78 6 5-
Averages 34 days $2,687,500 0.40 --- 3,217 0.73 --- ---  

Estimation of Market Value - $2,583,798

As of today, 10/05/2024, the estimated market value of 303 Madaket Road, Nantucket considering the above 2 comparable properties is $2,583,798.

 

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
@ 303 Madaket Road 7/21/2004 $435,000 0 Colonial 3,585 0.18 3 5- -
  Criteria
A 27 Washington Avenue 7/21/2004 $435,000 0.0 Vacant Land 0.18 -
B 305 Madaket Road 9/22/2021 $1,310,000 0.0 Cape Cod 1,427 0.18 2 1-1
C 301 Madaket Road 10/15/2020 $1,700,000 0.0 Custom Built 1,924 0.28 3 3-
D 25 Washington Avenue 7/21/2004 $435,000 0.0 Vacant Land 0.18 -
E 300 Madaket Road 7/30/1999 $710,000 0.0 Colonial 2,180 0.64 3 2-1
F 304 Madaket Road 10/29/1985 $30,000 0.0 Cape Cod 2,003 0.6 3 3-
G 299 Madaket Road-Lot 58 $0 0.0 Vacant Land 0.14 -
H 299 Madaket Road $0 0.0 Vacant Land 0.14 -
I 307 Madaket Road 12/31/2012 $0 0.0 Bungalow 660 0.37 2 1-
J 306 Madaket Road 7/31/1997 $405,000 0.1 Colonial 2,172 0.56 3 4-
K 297 Madaket Road $0 0.1 Vacant Land 0.14 -
L 297 Madaket Road-Lot 60 $0 0.1 Vacant Land 0.14 -
M 15 Tennessee Avenue $0 0.1 Clubs/Lodges 1,992 0.55 0 2-
N 9 Tennessee Avenue 9/22/2016 $0 0.1 Colonial 1,977 0.6 3 3-
O 24 Washington Avenue 12/21/2020 $0 0.1 Bungalow 408 0.12 1 1-
P 19 Washington Avenue 7/25/2011 $0 0.1 Ranch 1,256 0.37 2 1-1
Q 295 Madaket Road $0 0.1 Vacant Land 0.14 -
R 37 Washington Avenue $0 0.1 Vacant Land 0.14 -
S 22 Washington Avenue 1/9/2001 $0 0.1 Vacant Land 0.14 -
T 3 Starbuck Road 11/18/2019 $1,575,313 0.1 Vacant Land 0.07 -
U 308 Madaket Road 6/7/2022 $2,250,000 0.1 Colonial 1,536 0.62 3 2-
V 3 Baltimore Street 4/22/2019 $0 0.1 Vacant Land 7.2 -
W 293 Madaket Road $0 0.1 Fire Station 540 0.14 -
X 19 Tennessee Avenue 8/12/2024 $4,000,000 0.1 Cape Cod 3,349 0.69 3 2-1
Y 39 Washington Avenue $0 0.1 Vacant Land 0.14 -
Z 10 Tennessee Avenue $240,000 0.1 Bungalow 902 0.23 2 1-1
- 9 Starbuck Road 2/6/1987 $1 0.1 Vacant Land 0.48 -
- 5 Starbuck Road 11/9/2021 $0 0.1 Modern/Contemp 2,932 0.49 5 5-
- 17 Washington Avenue 7/27/2009 $0 0.1 Conventional 1,698 0.09 3 2-
- 8 F Street 11/30/2012 $2,630,000 0.1 Colonial 2,736 1.02 5 4-2
- 12 Tennessee Avenue 9/14/2011 $2,475,000 0.1 Cape Cod 1,350 0.29 2 2-
- 7 Starbuck Road 3/18/1999 $0 0.1 Cape Cod 2,382 0.47 4 3-1
- 20 Washington Avenue 7/1/2004 $0 0.1 Ranch 1,073 0.34 2 1-
- 14 Tennessee Avenue 6/10/2011 $4,265,000 0.1 Cape Cod 2,792 1.16 3 3-
- 11 Starbuck Road 5/20/2010 $750,000 0.1 Modern/Contemp 1,600 0.39 4 2-
- 3 Starbuck Road-Lot 21 11/18/2019 $1,575,313 0.1 Colonial 2,101 0.45 4 3-1
- 13 Starbuck Road 3/31/2016 $0 0.1 Cape Cod 2,099 0.52 3 3-
- 310 Madaket Road $0 0.1 Modern/Contemp 2,116 0.56 3 2-
- 15 Washington Avenue 1/17/2017 $0 0.1 Colonial 1,968 0.18 3 3-1
- 1 H Street 5/1/2015 $720,000 0.1 Colonial 1,781 0.14 2 2-
- 41 Washington Avenue 3/8/1993 $1 0.1 Cape Cod 1,254 0.14 2 2-1
- 1 Starbuck Road 12/12/2016 $0 0.1 Modern/Contemp 1,583 0.47 4 3-
- 0 F Street $0 0.1 Outbuildings 0.03 -
- 18 Tennessee Avenue 10/31/2003 $0 0.1 Bungalow 690 1.21 2 1-
- 0 Madaket Road $0 0.1 Vacant Land 0.07 -
- 313 Madaket Road 3/6/1998 $0 0.1 Ranch 728 0.37 2 1-
- 11 Washington Avenue 11/29/2007 $0 0.1 Ranch 850 0.09 2 1-
- 5 H Street 5/23/2018 $2,500,000 0.1 Colonial 2,630 0.41 4 3-2
- 10 F Street 3/7/2007 $0 0.1 Ranch 2,496 1.2 3 2-1
- 18 Washington Avenue 2/11/2016 $0 0.1 Conventional 1,400 0.26 3 1-1
- 12 Starbuck Road 7/22/2022 $0 0.1 Colonial 1,818 0.55 4 2-
- 15 Starbuck Road 11/30/2015 $0 0.1 Colonial 2,216 0.44 3 2-
- 312 Madaket Road $0 0.1 Ranch 1,308 0.48 3 2-
- 7 D Street 2/23/2010 $0 0.1 Colonial 1,456 0.26 3 1-1
- 9 E Street 12/20/2013 $1,700,000 0.1 Cottage 552 0.26 2 1-
Averages 5075 days $540,102 0.08 --- 1,235 0.5 --- ---  
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
6021 54 303 Madaket Road