98 Somerset Road, Nantucket, MA 02554

98 Somerset Road Nantucket MA 02554
Owner Information
Owner 1
Michael C Conway & Kathryn H
Owner 2
Owner's Address
215 Mccormack Rd North Slingerlands, NY 12159
Market Sale Information
Most recent sale date
4/22/2013
Previous sale date
01/27/1984
Transfer document #
C0024774-
Previous transfer document
C0010-0984
Grantor
Jimmie L Hilts
Previous grantor
Most recent sale price
$760,000.00
Previous sale price
$25,000.00
Site Information
Property ID
66-222
Lot Size
0.45
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2404
Number of Kitchen
1
Gross Living Area
3812
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
$708,600.00
Total value
$1,656,400.00
Building value
$947,800.00
Estimated tax
$5,184.00
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 98 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $316.14 Style Ranch Age 1985 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3812 Heating Fuel Hot Water Detached Garage Lot Size 0.45 Roof Cover Asph/F Gls/Cmp AEM Value - Building $947,800.00 AEM Value - Land $708,600.00 AEM Value - Other $0.00 AEM Value - Total $1,656,400.00
A) 85 Somerset Road 0.2 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 0.6 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 0.8 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 0.8 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
@ 98 Somerset Road 4/22/2013 $760,000 0 Ranch 2,404 0.45 3 2-1 -
  Criteria
A 85 Somerset Road 3/12/2024 $2,950,000 0.2 Cape Cod 2,069 0.47 2 2-1
B 8 Austin Farm Drive 3/1/2024 $8,500,000 0.6 Colonial 2,798 0.92 3 2-1
C 8 Luff Road 5/9/2024 $1,900,000 0.8 Ranch 1,894 0.36 3 2-
D 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
Averages 121 days $4,500,000 0.61 --- 2,307 0.48 --- ---  

Estimation of Market Value - $3,938,234

As of today, 07/06/2024, the estimated market value of 98 Somerset Road, Nantucket considering the above 4 comparable properties is $3,938,234.

 

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
@ 98 Somerset Road 4/22/2013 $760,000 0 Ranch 2,404 0.45 3 2-1 -
  Criteria
A 7 Todd Circle 6/18/2008 $0 0.0 Cape Cod 2,325 0.47 3 2-1
B 4 Doc Ryder Drive 12/5/2017 $0 0.0 Cape Cod 1,248 0.45 3 2-
C 99 Somerset Road $0 0.0 Cape Cod 1,364 0.4 3 2-
D 101 Somerset Road 11/22/2002 $425,000 0.0 Colonial 1,344 0.45 4 2-1
E 97 Somerset Road $159,500 0.0 Cape Cod 1,576 0.27 3 2-1
F 5 Todd Circle 12/15/2015 $0 0.0 Cape Cod 2,646 0.5 5 3-
G 104 Somerset Road 10/31/1997 $379,500 0.0 Cape Cod 2,548 0.45 4 4-
H 103 Somerset Road 6/9/2017 $0 0.0 Colonial 1,600 0.45 3 2-
I 1 Doc Ryder Drive 12/2/2020 $2,250,000 0.1 Custom Built 1,368 0.45 2 2-
J 6 Doc Ryder Drive 6/20/2011 $0 0.1 Ranch 1,265 0.45 3 2-
K 3 Doc Ryder Drive 12/18/2020 $1,630,000 0.1 Ranch 2,008 0.45 3 3-
L 6 Todd Circle 10/11/2023 $3,985,000 0.1 Colonial 1,840 0.44 3 3-1
M 1 Golfview Drive $0 0.1 Cape Cod 1,296 0.38 3 2-
N 3 Golfview Drive $0 0.1 Colonial 2,250 0.61 3 3-
O 5 Doc Ryder Drive 6/24/2022 $3,304,000 0.1 Ranch 1,632 0.45 3 3-1
P 4 Todd Circle 5/3/2004 $570,000 0.1 Cape Cod 1,845 0.38 3 2-1
Q 8 Doc Ryder Drive $30,000 0.1 Colonial 1,582 0.45 3 2-
R 3 Todd Circle 12/5/1991 $44,000 0.1 Colonial 3,372 0.5 4 3-2
S 2 Golfview Drive 10/21/1999 $310,000 0.1 Colonial 1,785 0.34 3 3-
T 108 Somerset Road 7/20/2010 $598,000 0.1 Cape Cod 2,689 0.45 5 2-
U 13 Clara Drive 12/28/1990 $40,100 0.1 Cape Cod 2,708 0.46 3 4-
V 2 Hendersons Drive 1/25/2019 $0 0.1 Colonial 2,308 0.45 4 4-
W 7 Doc Ryder Drive 10/11/2017 $1,581,250 0.1 Ranch 1,700 0.45 3 2-1
X 1 Todd Circle 5/25/2022 $0 0.1 Colonial 2,688 0.44 3 2-1
Y 2 Todd Circle 4/26/2021 $0 0.1 Cape Cod 1,870 0.38 5 3-
Z 11 Clara Drive $35,000 0.1 Cape Cod 2,079 0.43 4 2-
- 4 Hendersons Drive 2/18/2015 $1,700,000 0.1 Colonial 2,320 0.45 3 3-
- 10 Doc Ryder Drive 3/4/2002 $285,000 0.1 Colonial 3,117 0.4 5 4-1
- 109 Somerset Road 8/25/1987 $100,000 0.1 Cape Cod 2,277 0.45 4 3-1
- 5 Golfview Drive 8/17/2007 $0 0.1 Ranch 1,608 0.45 3 2-
- 6 Hendersons Drive 4/18/1997 $294,000 0.1 Cape Cod 2,775 0.45 5 3-1
- 9 Clara Drive $35,000 0.1 Vacant Land 0.45 -
- 91 Somerset Road 9/28/1995 $0 0.1 Commercial 168 2.46 -
- 9 Doc Ryder Drive 3/30/2023 $2,005,000 0.1 Ranch 1,794 0.4 3 2-
- 8 Hendersons Drive 5/10/2017 $807,500 0.1 Colonial 1,664 0.45 3 2-
- 111 Somerset Road 5/24/2019 $1,190,000 0.1 Cape Cod 1,726 0.45 3 2-
- 3 Clara Drive 10/27/1994 $202,000 0.1 Ranch 976 0.43 3 2-
- 15 Clara Drive 1/31/2019 $2,600,000 0.1 Colonial 3,899 0.45 4 4-1
- 12 Doc Ryder Drive 11/19/2012 $546,000 0.1 Cape Cod 3,894 0.61 3 3-1
- 4 Golfview Drive 4/9/2001 $0 0.1 Colonial 1,924 0.36 3 2-1
- 7 Golfview Drive 9/27/2022 $4,640,000 0.1 Cape Cod 1,908 0.43 3 3-1
- 10 Hendersons Drive 5/10/2017 $807,500 0.1 Vacant Land 0.4 -
- 4 Clara Drive 1/31/2018 $0 0.1 Cape Cod 1,514 0.45 3 2-1
- 6 Clara Drive 7/20/2021 $1,825,000 0.1 Colonial 1,538 0.41 3 2-1
Averages 4890 days $735,872 0.08 --- 1,910 0.49 --- ---  
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
66 222 98 Somerset Road