109 Somerset Road, Nantucket, MA 02554

109 Somerset Road Nantucket MA 02554
Owner Information
Owner 1
Jack F Millea & Lynne D
Owner 2
Owner's Address
109 Somerset Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
8/25/1987
Previous sale date
05/01/1984
Transfer document #
C0013-0210
Previous transfer document
L001-1172
Grantor
Previous grantor
Most recent sale price
$100,000.00
Previous sale price
$28,500.00
Site Information
Property ID
66-141
Lot Size
0.45
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
2001
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2277
Number of Kitchen
1
Gross Living Area
4356
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
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
$708,600.00
Total value
$1,645,000.00
Building value
$936,400.00
Estimated tax
$5,148.00
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 109 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $43.92 Style Cape Cod Age 2001 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 4356 Heating Fuel Hot Water Detached Garage Lot Size 0.45 Roof Cover Asph/F Gls/Cmp AEM Value - Building $936,400.00 AEM Value - Land $708,600.00 AEM Value - Other $0.00 AEM Value - Total $1,645,000.00
A) 85 Somerset Road 0.3 3/12/2024 $2,950,000 2,069 1 $1425.81 Cape Cod 1998 2 2 1 4128 Hot Water 0.47 Asph/F Gls/Cmp $698,000 $741,600 $0 $1,439,600
B) 8 Austin Farm Drive 0.7 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
C) 8 Luff Road 0.9 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
D) 10 Aurora Way 0.9 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 109 Somerset Road 8/25/1987 $100,000 0 Cape Cod 2,277 0.45 4 3-1 -
  Criteria
A 85 Somerset Road 3/12/2024 $2,950,000 0.3 Cape Cod 2,069 0.47 2 2-1
B 8 Austin Farm Drive 3/1/2024 $8,500,000 0.7 Colonial 2,798 0.92 3 2-1
C 8 Luff Road 5/9/2024 $1,900,000 0.9 Ranch 1,894 0.36 3 2-
D 10 Aurora Way 1/9/2024 $4,650,000 0.9 Colonial 2,468 0.18 4 3-1
Averages 121 days $4,500,000 0.68 --- 2,307 0.48 --- ---  

Estimation of Market Value - $3,803,415

As of today, 07/06/2024, the estimated market value of 109 Somerset Road, Nantucket considering the above 4 comparable properties is $3,803,415.

 

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
@ 109 Somerset Road 8/25/1987 $100,000 0 Cape Cod 2,277 0.45 4 3-1 -
  Criteria
A 2 Golfview Drive 10/21/1999 $310,000 0.0 Colonial 1,785 0.34 3 3-
B 111 Somerset Road 5/24/2019 $1,190,000 0.0 Cape Cod 1,726 0.45 3 2-
C 4 Golfview Drive 4/9/2001 $0 0.0 Colonial 1,924 0.36 3 2-1
D 113 Somerset Road 5/6/2016 $890,000 0.0 Cape Cod 2,328 0.45 4 2-1
E 108 Somerset Road 7/20/2010 $598,000 0.0 Cape Cod 2,689 0.45 5 2-
F 1 Golfview Drive $0 0.0 Cape Cod 1,296 0.38 3 2-
G 5 Golfview Drive 8/17/2007 $0 0.1 Ranch 1,608 0.45 3 2-
H 8 Golfview Drive 4/19/2000 $459,000 0.1 Cape Cod 1,510 0.45 3 2-1
I 104 Somerset Road 10/31/1997 $379,500 0.1 Cape Cod 2,548 0.45 4 4-
J 7 Golfview Drive 9/27/2022 $4,640,000 0.1 Cape Cod 1,908 0.43 3 3-1
K 115 Somerset Road 10/6/2006 $1,225,000 0.1 Ranch 2,322 0.45 3 3-
L 2 Hendersons Drive 1/25/2019 $0 0.1 Colonial 2,308 0.45 4 4-
M 103 Somerset Road 6/9/2017 $0 0.1 Colonial 1,600 0.45 3 2-
N 3 Golfview Drive $0 0.1 Colonial 2,250 0.61 3 3-
O 112 Somerset Road 4/11/2013 $475,000 0.1 Colonial 3,336 0.45 4 4-1
P 9 Golfview Drive 10/20/2006 $1,136,600 0.1 Cape Cod 1,392 0.44 4 2-
Q 1 Doc Ryder Drive 12/2/2020 $2,250,000 0.1 Custom Built 1,368 0.45 2 2-
R 1 Hendersons Drive 12/29/1993 $190,000 0.1 Cape Cod 1,383 0.45 3 2-
S 10-R Golfview Drive 11/20/2019 $1,500,000 0.1 Cape Cod 2,476 0.48 4 4-
T 4 Hendersons Drive 2/18/2015 $1,700,000 0.1 Colonial 2,320 0.45 3 3-
U 117 Somerset Road 2/9/2021 $0 0.1 Cape Cod 2,004 0.45 4 3-
V 101 Somerset Road 11/22/2002 $425,000 0.1 Colonial 1,344 0.45 4 2-1
W 11 Golfview Drive 1/24/2006 $0 0.1 Colonial 2,034 0.46 3 1-1
X 3 Doc Ryder Drive 12/18/2020 $1,630,000 0.1 Ranch 2,008 0.45 3 3-
Y 3 Hendersons Drive 5/21/2018 $0 0.1 Colonial 3,376 0.45 5 4-1
Z 118 Somerset Road 12/22/1998 $290,000 0.1 Cape Cod 2,335 0.45 3 4-
- 12 Golfview Drive 1/30/1998 $345,000 0.1 Colonial 1,572 0.6 3 2-
- 99 Somerset Road $0 0.1 Cape Cod 1,364 0.4 3 2-
- 98 Somerset Road 4/22/2013 $760,000 0.1 Ranch 2,404 0.45 3 2-1
- 13 Golfview Drive 10/15/2013 $1,025,000 0.1 Cape Cod 1,774 0.46 3 3-1
- 6 Hendersons Drive 4/18/1997 $294,000 0.1 Cape Cod 2,775 0.45 5 3-1
- 2 Swayzes Drive 5/6/1998 $286,000 0.1 Cape Cod 1,404 0.45 3 2-
- 5 Doc Ryder Drive 6/24/2022 $3,304,000 0.1 Ranch 1,632 0.45 3 3-1
- 5 Hendersons Drive 3/8/2019 $650,000 0.1 Cape Cod 1,667 0.45 3 2-
- 14 Golfview Drive 8/29/2005 $2,100,000 0.1 Colonial 2,928 0.45 3 3-1
- 15 Golfview Drive 12/31/2015 $1,175,000 0.1 Ranch 2,474 0.46 3 2-1
- 4 Swayzes Drive 4/26/2021 $0 0.1 Cape Cod 1,760 0.45 3 3-1
- 4 Doc Ryder Drive 12/5/2017 $0 0.1 Cape Cod 1,248 0.45 3 2-
- 8 Hendersons Drive 5/10/2017 $807,500 0.1 Colonial 1,664 0.45 3 2-
- 97 Somerset Road $159,500 0.1 Cape Cod 1,576 0.27 3 2-1
- 7 Doc Ryder Drive 10/11/2017 $1,581,250 0.1 Ranch 1,700 0.45 3 2-1
- 7 Todd Circle 6/18/2008 $0 0.1 Cape Cod 2,325 0.47 3 2-1
- 7 Hendersons Drive 8/25/1986 $23,000 0.1 Colonial 1,890 0.45 3 3-
Averages 5103 days $739,497 0.08 --- 1,985 0.45 --- ---  
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
66 141 109 Somerset Road