65 Somerset Road, Nantucket, MA 02554

65 Somerset Road Nantucket MA 02554
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Owner Information
Owner 1
Karen Alence
Owner 2
Owner's Address
P O Box 2939 Nantucket, MA 02584
Market Sale Information
Most recent sale date
5/18/1998
Previous sale date
07/08/1997
Transfer document #
00576-0026
Previous transfer document
00541-0202
Grantor
William R Thornton
Previous grantor
James C Passalacqua
Most recent sale price
$285,000.00
Previous sale price
$0.00
Site Information
Property ID
66-87
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Conventional
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1978
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1629
Number of Kitchen
1
Gross Living Area
2832
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Solar Assisted
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$741,000.00
Total value
$1,627,000.00
Building value
$886,000.00
Estimated tax
$5,092.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 65 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $174.95 Style Conventional Age 1978 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 2832 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $886,000.00 AEM Value - Land $741,000.00 AEM Value - Other $0.00 AEM Value - Total $1,627,000.00
A) 8 Luff Road 0.4 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) 8 Essex Road 0.7 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
C) 16 Polliwog Pond Road 0.8 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
D) 31 Surfside Road 0.9 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
E) 7 Yompasham Lane 0.9 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
@ 65 Somerset Road 5/18/1998 $285,000 0 Conventional 1,629 0.46 4 2-1 -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.4 Ranch 1,894 0.36 3 2-
B 8 Essex Road 5/15/2024 $1,900,000 0.7 Colonial 1,872 0.31 3 3-
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.8 Cape Cod 1,830 0.24 5 2-
D 31 Surfside Road 5/23/2024 $2,125,000 0.9 Cape Cod 1,404 0.15 3 2-
E 7 Yompasham Lane 2/14/2024 $2,262,500 0.9 Conventional 1,878 0.25 3 3-
Averages 93 days $2,087,500 0.74 --- 1,776 0.26 --- ---  

Estimation of Market Value - $2,110,384

As of today, 07/04/2024, the estimated market value of 65 Somerset Road, Nantucket considering the above 5 comparable properties is $2,110,384.

 

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
@ 65 Somerset Road 5/18/1998 $285,000 0 Conventional 1,629 0.46 4 2-1 -
  Criteria
A 67 Somerset Road 6/30/2010 $130,000 0.0 Modern/Contemp 2,592 0.46 4 3-
B 63 Somerset Road 1/29/2021 $2,148,875 0.0 Cape Cod 2,118 0.47 3 2-
C 61 Somerset Road 5/25/2021 $0 0.0 Cape Cod 2,311 0.46 3 2-1
D 69 Somerset Road 5/1/1997 $0 0.0 Cape Cod 2,998 0.47 3 2-
E 72 Somerset Road $0 0.0 Affordable Hsg 1,548 0.18 3 3-
F 70 Somerset Road 2/12/2018 $0 0.0 Cape Cod 1,260 0.18 3 2-1
G 74 Somerset Road Unit 2 5/28/2021 $820,000 0.1 Affordable Hsg 1,792 0 3 2-
H 49 Somerset Road 10/20/1999 $200,000 0.1 Vacant Land 31.36 -
I 68 Somerset Road Unit 2 7/8/2005 $392,500 0.1 Affordable Hsg 1,680 0 3 3-
J 76 Somerset Road 6/30/2016 $630,000 0.1 Cape Cod 1,332 0.18 3 3-
K 78 Somerset Road Unit 2 10/23/2020 $0 0.1 Affordable Hsg 1,260 0.19 3 2-
L 59 Somerset Road 6/3/2014 $860,000 0.1 Cape Cod 1,728 0.46 3 2-
M 80 Somerset Road 2/1/2021 $1 0.1 Affordable Hsg 1,680 0.21 3 2-
N 62 Somerset Road 12/19/2014 $0 0.1 Ranch 1,040 0.47 1 1-
O 77 Somerset Road 6/15/2017 $795,000 0.1 Conventional 752 0.28 3 2-
P 7 Marble Way 10/2/2020 $0 0.1 Affordable Hsg 1,473 0.18 3 3-
Q 3 Sleepy Hollow Road 10/2/2020 $0 0.1 Vacant Land 0.28 -
R 57 Somerset Road 10/31/1997 $405,000 0.1 Colonial 2,195 0.46 3 2-
S 79 Somerset Road 7/31/2020 $0 0.1 Colonial 1,632 0.47 3 2-
T 63 Bartlett Road 8/28/2014 $385,000 0.1 Colonial 2,677 0.46 3 2-1
U 58 Somerset Road 12/19/2014 $0 0.1 Ranch 1,232 0.93 3 1-1
V 55 Somerset Road 12/18/2012 $0 0.1 Cape Cod 2,598 0.47 4 3-
W 81 Somerset Road 6/18/1993 $177,000 0.1 Cape Cod 3,165 0.47 3 2-
Averages 4031 days $301,886 0.07 --- 1,698 1.7 --- ---  
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 87 65 Somerset Road