301 Madaket Road, Nantucket, MA 02554

301 Madaket Road Nantucket MA 02554
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Owner Information
Owner 1
Ruth Hill Klinck
Owner 2
Owner's Address
301 Madaket Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/15/2020
Previous sale date
11/18/1996
Transfer document #
C27915-
Previous transfer document
C0017-0640
Grantor
William P Westcott
Previous grantor
Rhoda H Weinman
Most recent sale price
$1,700,000.00
Previous sale price
$220,000.00
Site Information
Property ID
6021-55
Lot Size
0.28
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Custom Built
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1955
Number of full baths
3
Condition
Number of half baths
Finished Area
1924
Number of Kitchen
1
Gross Living Area
2874
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
$704,500.00
Total value
$2,126,200.00
Building value
$1,421,700.00
Estimated tax
$6,655.00
Yard improvement value
$0.00
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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 301 Madaket Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $883.58 Style Custom Built Age 1955 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 2874 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.28 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,421,700.00 AEM Value - Land $704,500.00 AEM Value - Other $0.00 AEM Value - Total $2,126,200.00
A) 40 Long Pond Drive 0.5 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
@ 301 Madaket Road 10/15/2020 $1,700,000 0 Custom Built 1,924 0.28 3 3- -
  Criteria
A 40 Long Pond Drive 9/24/2024 $3,088,000 0.5 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 0.66 --- 1,872 0.7 --- ---  

Estimation of Market Value - $1,851,724

As of today, 10/05/2024, the estimated market value of 301 Madaket Road, Nantucket considering the above 2 comparable properties is $1,851,724.

 

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
@ 301 Madaket Road 10/15/2020 $1,700,000 0 Custom Built 1,924 0.28 3 3- -
  Criteria
A 299 Madaket Road $0 0.0 Vacant Land 0.14 -
B 299 Madaket Road-Lot 58 $0 0.0 Vacant Land 0.14 -
C 303 Madaket Road 7/21/2004 $435,000 0.0 Colonial 3,585 0.18 3 5-
D 27 Washington Avenue 7/21/2004 $435,000 0.0 Vacant Land 0.18 -
E 297 Madaket Road $0 0.0 Vacant Land 0.14 -
F 297 Madaket Road-Lot 60 $0 0.0 Vacant Land 0.14 -
G 300 Madaket Road 7/30/1999 $710,000 0.0 Colonial 2,180 0.64 3 2-1
H 15 Tennessee Avenue $0 0.0 Clubs/Lodges 1,992 0.55 0 2-
I 305 Madaket Road 9/22/2021 $1,310,000 0.0 Cape Cod 1,427 0.18 2 1-1
J 25 Washington Avenue 7/21/2004 $435,000 0.0 Vacant Land 0.18 -
K 295 Madaket Road $0 0.0 Vacant Land 0.14 -
L 37 Washington Avenue $0 0.0 Vacant Land 0.14 -
M 304 Madaket Road 10/29/1985 $30,000 0.1 Cape Cod 2,003 0.6 3 3-
N 39 Washington Avenue $0 0.1 Vacant Land 0.14 -
O 293 Madaket Road $0 0.1 Fire Station 540 0.14 -
P 19 Tennessee Avenue 8/12/2024 $4,000,000 0.1 Cape Cod 3,349 0.69 3 2-1
Q 9 Tennessee Avenue 9/22/2016 $0 0.1 Colonial 1,977 0.6 3 3-
R 3 Starbuck Road 11/18/2019 $1,575,313 0.1 Vacant Land 0.07 -
S 307 Madaket Road 12/31/2012 $0 0.1 Bungalow 660 0.37 2 1-
T 306 Madaket Road 7/31/1997 $405,000 0.1 Colonial 2,172 0.56 3 4-
U 24 Washington Avenue 12/21/2020 $0 0.1 Bungalow 408 0.12 1 1-
V 41 Washington Avenue 3/8/1993 $1 0.1 Cape Cod 1,254 0.14 2 2-1
W 1 H Street 5/1/2015 $720,000 0.1 Colonial 1,781 0.14 2 2-
X 5 Starbuck Road 11/9/2021 $0 0.1 Modern/Contemp 2,932 0.49 5 5-
Y 12 Tennessee Avenue 9/14/2011 $2,475,000 0.1 Cape Cod 1,350 0.29 2 2-
Z 10 Tennessee Avenue $240,000 0.1 Bungalow 902 0.23 2 1-1
- 14 Tennessee Avenue 6/10/2011 $4,265,000 0.1 Cape Cod 2,792 1.16 3 3-
- 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 -
- 19 Washington Avenue 7/25/2011 $0 0.1 Ranch 1,256 0.37 2 1-1
- 22 Washington Avenue 1/9/2001 $0 0.1 Vacant Land 0.14 -
- 1 Starbuck Road 12/12/2016 $0 0.1 Modern/Contemp 1,583 0.47 4 3-
- 3 Starbuck Road-Lot 21 11/18/2019 $1,575,313 0.1 Colonial 2,101 0.45 4 3-1
- 5 H Street 5/23/2018 $2,500,000 0.1 Colonial 2,630 0.41 4 3-2
- 9 Starbuck Road 2/6/1987 $1 0.1 Vacant Land 0.48 -
- 7 Starbuck Road 3/18/1999 $0 0.1 Cape Cod 2,382 0.47 4 3-1
- 8 F Street 11/30/2012 $2,630,000 0.1 Colonial 2,736 1.02 5 4-2
- 308 Madaket Road 6/7/2022 $2,250,000 0.1 Colonial 1,536 0.62 3 2-
- 3 Baltimore Street 4/22/2019 $0 0.1 Vacant Land 7.2 -
- 0 F Street $0 0.1 Outbuildings 0.03 -
- 21 Tennessee Avenue 2/27/2014 $1,300,000 0.1 Vacant Land 0.14 -
- 17 Washington Avenue 7/27/2009 $0 0.1 Conventional 1,698 0.09 3 2-
- 11 Starbuck Road 5/20/2010 $750,000 0.1 Modern/Contemp 1,600 0.39 4 2-
- 20 Washington Avenue 7/1/2004 $0 0.1 Ranch 1,073 0.34 2 1-
- 23 Tennessee Avenue 2/27/2014 $1,300,000 0.1 Outbuildings 0.28 -
- 13 Starbuck Road 3/31/2016 $0 0.1 Cape Cod 2,099 0.52 3 3-
- 284 Madaket Road $0 0.1 Ranch 1,059 0.59 3 2-
- 11 H Street 5/2/2014 $0 0.1 Ranch 873 0.48 1 1-
- 15 Washington Avenue 1/17/2017 $0 0.1 Colonial 1,968 0.18 3 3-1
- 10 F Street 3/7/2007 $0 0.1 Ranch 2,496 1.2 3 2-1
- 4 Starbuck Road 8/25/2005 $0 0.1 Modern/Contemp 2,250 0.48 3 2-
- 310 Madaket Road $0 0.1 Modern/Contemp 2,116 0.56 3 2-
Averages 5269 days $564,243 0.08 --- 1,220 0.51 --- ---  
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 55 301 Madaket Road