1 Spindrift, Nantucket, MA 02554

Owner Information
Owner 1
Thomas L Garrette & Kathryn H
Owner 2
Owner's Address
1 Spindrift Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/7/2016
Previous sale date
09/20/1999
Transfer document #
C0026311-
Previous transfer document
C0019-0100
Grantor
Patrick Gillaspie
Previous grantor
Robert C Crowley
Most recent sale price
$1,025,000.00
Previous sale price
$185,000.00
Site Information
Property ID
66-313
Lot Size
0.43
Use Code
101 - Residential, single family
Zoning
R10L
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2000
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2240
Number of Kitchen
1
Gross Living Area
4010
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
$707,400.00
Total value
$3,235,000.00
Building value
$2,527,600.00
Estimated tax
$10,125.00
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 1 Spindrift Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $457.59 Style Colonial Age 2000 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4010 Heating Fuel Hot Water Detached Garage Lot Size 0.43 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,527,600.00 AEM Value - Land $707,400.00 AEM Value - Other $0.00 AEM Value - Total $3,235,000.00
A) 8 Luff Road 0.2 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
B) 85 Somerset Road 0.4 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
C) 8 Essex Road 0.4 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
D) 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
E) 16 Polliwog Pond Road 0.7 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
F) 10 Aurora Way 0.7 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
G) 7 Yompasham Lane 0.7 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Spindrift 12/7/2016 $1,025,000 0 Colonial 2,240 0.43 3 2-1 -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.2 Ranch 1,894 0.36 3 2-
B 85 Somerset Road 3/12/2024 $2,950,000 0.4 Cape Cod 2,069 0.47 2 2-1
C 8 Essex Road 5/15/2024 $1,900,000 0.4 Colonial 1,872 0.31 3 3-
D 8 Austin Farm Drive 3/1/2024 $8,500,000 0.6 Colonial 2,798 0.92 3 2-1
E 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.7 Cape Cod 1,830 0.24 5 2-
F 10 Aurora Way 1/9/2024 $4,650,000 0.7 Colonial 2,468 0.18 4 3-1
G 7 Yompasham Lane 2/14/2024 $2,262,500 0.7 Conventional 1,878 0.25 3 3-
Averages 120 days $3,487,500 0.53 --- 2,116 0.39 --- ---  

Estimation of Market Value - $4,640,441

As of today, 07/03/2024, the estimated market value of 1 Spindrift, Nantucket considering the above 7 comparable properties is $4,640,441.

 

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
@ 1 Spindrift 12/7/2016 $1,025,000 0 Colonial 2,240 0.43 3 2-1 -
  Criteria
A 3 Keel Lane 8/15/2022 $0 0.0 Colonial 2,168 0.42 4 3-1
B 3 Spindrift 6/2/2006 $1,025,000 0.0 Colonial 1,570 0.38 4 2-
C 6 Topping Lift 12/19/2013 $0 0.0 Colonial 1,456 0.5 3 3-
D 4 Topping Lift 6/30/2016 $941,000 0.0 Colonial 2,240 0.44 4 3-
E 5 Mizzenmast 5/29/1996 $105,000 0.0 Colonial 1,872 0.43 4 3-
F 2 Spindrift 5/3/2021 $1,850,000 0.0 Cape Cod 2,522 0.31 3 4-2
G 4 Keel Lane 8/16/1993 $210,000 0.0 Cape Cod 1,680 0.39 4 2-
H 4 Spindrift 4/22/1997 $120,000 0.0 Colonial 1,860 0.33 3 2-
I 2 Keel Lane 6/17/2016 $1,200,000 0.0 Colonial 2,470 0.49 5 3-1
J 2 Topping Lift 9/21/2018 $1,295,000 0.1 Colonial 2,972 0.61 5 4-2
K 6 Keel Lane 5/26/1999 $0 0.1 Colonial 1,980 0.46 3 2-
L 9 Keel Lane 8/3/2000 $0 0.1 Cape Cod 1,248 0.38 3 1-
M 7 Topping Lift 12/5/2011 $800,000 0.1 Colonial 2,368 0.4 5 1-1
N 40 Bartlett Road 10/25/2023 $1,012,000 0.1 Cape Cod 1,954 0.17 4 2-
O 5 Topping Lift 1/12/1996 $0 0.1 Gar/Apt Res 504 0.32 1 1-
P 9 Mizzenmast 8/7/1997 $0 0.1 Cape Cod 3,762 0.44 3 3-
Q 8 Mizzenmast 9/21/2016 $1,120,000 0.1 Cape Cod 1,776 0.28 3 2-
R 10 Mizzenmast 2/2/2007 $0 0.1 Cape Cod 1,608 0.42 3 3-1
S 11 Keel Lane 5/16/1994 $80,000 0.1 Cape Cod 2,135 0.36 3 2-1
T 3 Topping Lift 12/9/2002 $0 0.1 Colonial 2,196 0.4 4 4-
U 12 Mizzenmast 10/24/2022 $1,600,000 0.1 Colonial 1,712 0.42 3 2-
V 8 Keel Lane 6/16/2017 $0 0.1 Cape Cod 1,682 0.49 4 2-
W 2 Rudder Lane 6/2/2020 $1,200,000 0.1 Cape Cod 3,024 0.38 4 3-1
X 11 Mizzenmast 10/28/2022 $3,205,000 0.1 Cape Cod 2,736 0.47 4 3-1
Y 1 Topping Lift 3/15/2010 $600,000 0.1 Colonial 1,512 0.51 3 2-
Z 6 Topaz Circle 4/24/2015 $0 0.1 Ranch 1,074 0.46 2 2-
- 14 Mizzenmast 3/23/2000 $0 0.1 Cape Cod 1,664 0.42 3 2-
- 13 Keel Lane 12/30/2019 $0 0.1 Ranch 1,072 0.35 2 2-
- 1 Luff Road 1/8/2013 $0 0.1 Cape Cod 1,764 0.33 3 2-
- 4 Topaz Circle 4/22/2002 $0 0.1 Colonial 1,296 0.58 2 2-
- 3 Rudder Lane 5/31/2022 $2,195,000 0.1 Colonial 2,010 0.44 3 2-1
- 4 Rudder Lane 1/20/1989 $5,250 0.1 Cape Cod 1,704 0.41 3 2-1
- 7 Topaz Circle 2/9/1994 $0 0.1 Cape Cod 1,326 0.52 3 2-
- 16 Mizzenmast 9/21/2018 $1,300,000 0.1 Colonial 2,080 0.41 3 2-1
- 5 Rudder Lane 10/27/1992 $275,000 0.1 Colonial 1,762 0.5 2 2-
- 10 Keel Lane 2/18/1998 $0 0.1 Cape Cod 2,513 0.46 4 2-1
- 13 Mizzenmast 5/9/2017 $0 0.1 Cape Cod 1,520 0.47 3 1-1
- 10 Equator Drive 4/20/2006 $930,000 0.1 Colonial 1,740 0.48 4 3-
- 56 Bartlett Road 9/10/2013 $700,000 0.1 Bungalow 508 0.28 1 1-
- 15 Keel Lane 8/8/2016 $0 0.1 Colonial 2,820 0.36 3 2-1
- 7 Rudder Lane 3/7/2008 $0 0.1 Colonial 2,264 0.46 4 3-
- 8 Equator Drive 8/18/2017 $1,225,000 0.1 Cape Cod 2,166 0.28 4 3-
- 3 Luff Road 10/8/2004 $780,000 0.1 Cape Cod 1,404 0.34 4 2-
- 2 Luff Road 4/22/2013 $600,000 0.1 Cape Cod 1,120 0.34 3 1-1
- 2 Spinnaker Circle 3/26/2010 $0 0.1 Colonial 2,318 0.35 3 3-
- 18 Mizzenmast 11/2/2001 $635,500 0.1 Colonial 2,452 0.49 3 2-1
- 58 Bartlett Road 2/1/1975 $0 0.1 Cottage 924 0.29 3 2-
- 9 Rudder Lane 12/11/2018 $1,600,000 0.1 Cape Cod 2,480 0.43 4 3-1
- 6 Equator Drive 11/1/2017 $775,000 0.1 Cape Cod 2,215 0.46 2 2-1
Averages 5705 days $558,852 0.08 --- 1,902 0.41 --- ---  
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
66 313 1 Spindrift