5 Raceway Drive, Nantucket, MA 02554

5 Raceway Drive Nantucket MA 02554
Owner Information
Owner 1
Timothy F Taaffe & Meredith L
Owner 2
Owner's Address
5 Raceway Dr Nantucket, MA 02554
Market Sale Information
Most recent sale date
7/16/2007
Previous sale date
06/07/2002
Transfer document #
C0022668-
Previous transfer document
C0016475-0
Grantor
Timothy F Taaffe
Previous grantor
William T Muehling
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
66-280
Lot Size
0.41
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1990
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2786
Number of Kitchen
1
Gross Living Area
4777
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
$706,200.00
Total value
$1,868,400.00
Building value
$1,162,200.00
Estimated tax
$5,848.00
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 5 Raceway Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1990 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4777 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.41 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,162,200.00 AEM Value - Land $706,200.00 AEM Value - Other $0.00 AEM Value - Total $1,868,400.00
A) 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
B) 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
@ 5 Raceway Drive 7/16/2007 $0 0 Ranch 2,786 0.41 3 2-1 -
  Criteria
A 8 Austin Farm Drive 3/1/2024 $8,500,000 0.6 Colonial 2,798 0.92 3 2-1
B 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
Averages 151 days $6,575,000 0.67 --- 2,633 0.55 --- ---  

Estimation of Market Value - $5,412,892

As of today, 07/04/2024, the estimated market value of 5 Raceway Drive, Nantucket considering the above 2 comparable properties is $5,412,892.

 

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
@ 5 Raceway Drive 7/16/2007 $0 0 Ranch 2,786 0.41 3 2-1 -
  Criteria
A 6 Clara Drive 7/20/2021 $1,825,000 0.0 Colonial 1,538 0.41 3 2-1
B 3 Raceway Drive 8/17/2022 $100 0.0 Custom Built 3,671 0.15 4 3-2
C 7 Raceway Drive 5/16/2019 $1,370,000 0.0 Cape Cod 2,832 0.41 4 2-
D 4 Clara Drive 1/31/2018 $0 0.0 Cape Cod 1,514 0.45 3 2-1
E 6 Raceway Drive 1/9/1995 $175,000 0.0 Cape Cod 1,613 0.36 3 1-1
F 8 Raceway Drive 1/11/2010 $0 0.0 Ranch 1,320 0.38 3 2-
G 8 Clara Drive 7/8/1994 $54,500 0.0 Cape Cod 1,176 0.44 2 1-
H 4 Raceway Drive 10/15/2020 $1,300,000 0.0 Cape Cod 1,344 0.39 3 2-
I 9 Clara Drive $35,000 0.1 Vacant Land 0.45 -
J 2 Todd Circle 4/26/2021 $0 0.1 Cape Cod 1,870 0.38 5 3-
K 4 Hatch Circle 11/20/1992 $158,000 0.1 Cape Cod 1,354 0.28 3 2-1
L 1 Hatch Circle 5/13/1994 $50,000 0.1 Vacant Land 0.49 -
M 9 Raceway Drive 12/28/2012 $573,000 0.1 Cape Cod 1,624 0.44 3 2-
N 1-A Clara Drive 3/11/2019 $0 0.1 Colonial 3,469 0.22 4 5-1
O 88 Somerset Road 3/22/1994 $65,000 0.1 Warehouse 2,996 0.95 -
P 1 Todd Circle 5/25/2022 $0 0.1 Colonial 2,688 0.44 3 2-1
Q 10 Clara Drive 7/13/1994 $185,000 0.1 Ranch 1,105 0.56 3 1-1
R 3 Clara Drive 10/27/1994 $202,000 0.1 Ranch 976 0.43 3 2-
S 11 Clara Drive $35,000 0.1 Cape Cod 2,079 0.43 4 2-
T 4 Todd Circle 5/3/2004 $570,000 0.1 Cape Cod 1,845 0.38 3 2-1
U 91 Bartlett Road 11/1/2012 $0 0.1 Warehouse 4,027 0.97 0 0-
V 3 Todd Circle 12/5/1991 $44,000 0.1 Colonial 3,372 0.5 4 3-2
W 3 Hatch Circle 11/30/2021 $1,100,000 0.1 Colonial 1,344 0.42 2 1-
X 5 Hatch Circle 1/11/2016 $0 0.1 Conventional 1,886 0.48 2 1-1
Y 12 Clara Drive 4/9/2004 $0 0.1 Cape Cod 1,414 0.44 3 3-
Z 89 Somerset Road Unit 2 12/10/2019 $0 0.1 Affordable Hsg 1,128 0 2 2-
- 6 Todd Circle 10/11/2023 $3,985,000 0.1 Colonial 1,840 0.44 3 3-1
- 89-A-B Bartlett Road 8/28/1992 $64,000 0.1 Warehouse 10,840 2.02 0 2-1
- 86 Somerset Road 5/10/2005 $0 0.1 Pre-Eng Whse/Gar 5,400 0.75 -
- 13 Clara Drive 12/28/1990 $40,100 0.1 Cape Cod 2,708 0.46 3 4-
- 14 Clara Drive 6/10/2015 $0 0.1 Cape Cod 3,288 0.46 4 4-1
- 87 Bartlett Road 10/31/2002 $0 0.1 Warehouse 2,560 0.92 0 0-
- 5 Todd Circle 12/15/2015 $0 0.1 Cape Cod 2,646 0.5 5 3-
- 91 Somerset Road 9/28/1995 $0 0.1 Commercial 168 2.46 -
- 87 Somerset Road 2/14/2019 $275,000 0.1 Colonial 3,110 0.73 5 3-
- 15 Clara Drive 1/31/2019 $2,600,000 0.1 Colonial 3,899 0.45 4 4-1
- 7 Todd Circle 6/18/2008 $0 0.1 Cape Cod 2,325 0.47 3 2-1
Averages 5723 days $397,451 0.07 --- 2,351 0.57 --- ---  
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
66 280 5 Raceway Drive