8 Fourth Way, Nantucket, MA 02554

Owner Information
Owner 1
Gretchen S Buchmann
Owner 2
Model Home Trust
Owner's Address
P O Box 2156 Nantucket, MA 02584
Market Sale Information
Most recent sale date
2/17/2010
Previous sale date
07/07/2006
Transfer document #
01219-0347
Previous transfer document
01030-0294
Grantor
Michelle Lamb
Previous grantor
Michelle Lamb
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
67-123
Lot Size
0.36
Use Code
109 - Multiple Houses on one parcel
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2007
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1636
Number of Kitchen
Gross Living Area
3064
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$644,700.00
Total value
$2,023,600.00
Building value
$1,378,900.00
Estimated tax
$6,333.00
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 8 Fourth Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2007 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3064 Heating Fuel Hot Water Detached Garage Lot Size 0.36 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,378,900.00 AEM Value - Land $644,700.00 AEM Value - Other $0.00 AEM Value - Total $2,023,600.00
A) 36 Union Street 0.9 1/29/2024 $3,500,000 1,697 1.75 $2062.46 Antique 1800 4 3 2051 Hot Water 0.21 Asph/F Gls/Cmp $1,379,400 $2,245,400 $0 $3,624,800
B) 21 Pine Street 0.9 3/13/2024 $3,725,000 1,449 1.75 $2570.74 Antique 1850 3 3 1910 Hot Water 0.1 Asph/F Gls/Cmp $1,214,300 $2,091,700 $0 $3,306,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Fourth Way 2/17/2010 $0 0 Colonial 1,636 0.36 3 2-1 -
  Criteria
A 36 Union Street 1/29/2024 $3,500,000 0.9 Antique 1,697 0.21 4 3-
B 21 Pine Street 3/13/2024 $3,725,000 0.9 Antique 1,449 0.1 3 3-
Averages 135 days $3,612,500 0.89 --- 1,573 0.15 --- ---  

Estimation of Market Value - $2,933,341

As of today, 07/04/2024, the estimated market value of 8 Fourth Way, Nantucket considering the above 2 comparable properties is $2,933,341.

 

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
@ 8 Fourth Way 2/17/2010 $0 0 Colonial 1,636 0.36 3 2-1 -
  Criteria
A 27 Allens Lane 7/10/2018 $0 0.0 Colonial 3,608 0.26 5 4-
B 7 Fifth Way 2/21/1992 $1 0.0 Colonial 2,038 0.15 3 2-
C 25 Allens Lane 11/5/2012 $694,500 0.0 Ranch 2,414 0.34 4 3-1
D 29 Allens Lane 3/28/2021 $0 0.0 Ranch 1,144 0.3 3 1-1
E 0 Backus Lane-Rear 12/28/2000 $530,000 0.0 Vacant Land 4.75 -
F 28 Allens Lane $150,000 0.0 Ranch 1,226 0.2 2 1-
G 26 Allens Lane 9/28/2007 $575,000 0.1 Ranch 1,016 0.23 2 1-
H 3 Fifth Way 11/9/2021 $1,060,000 0.1 Ranch 1,939 0.19 3 1-1
I 8 Fifth Way 12/31/2012 $0 0.1 Modern/Contemp 3,915 0.39 4 2-
J 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
K 24 Allens Lane 8/18/2017 $0 0.1 Vacant Land 0.24 -
L 41 Hooper Farm Road 6/9/2021 $0 0.1 Colonial 1,900 0.19 3 3-
M 14 Alexandia Drive 2/25/1994 $745,000 0.1 Family Duplex 2,599 0.23 5 4-
N 39 Hooper Farm Road 4/8/2022 $1,100,000 0.1 Ranch 1,266 0.25 3 1-1
O 43 Hooper Farm Road 7/5/2000 $0 0.1 Ranch 1,352 0.18 3 2-
P 12 Alexandia Drive 2/14/2011 $550,000 0.1 Family Duplex 3,021 0.29 5 6-
Q 4 Fifth Way 9/11/2015 $625,000 0.1 Ranch 2,343 0.39 4 2-
R 13 Alexandia Drive 11/16/2007 $0 0.1 Family Duplex 2,028 0.24 5 4-
S 37 Hooper Farm Road 8/18/2017 $0 0.1 Ranch 1,302 0.26 4 2-
T 45 Hooper Farm Road 3/29/2002 $0 0.1 Family Duplex 2,606 0.23 3 3-
U 35 Hooper Farm Road 3/31/1995 $209,000 0.1 Ranch 3,334 0.48 5 4-1
V 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
W 9 Backus Lane 3/25/2019 $0 0.1 Vacant Land 6.86 -
X 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
Y 10 Alexandia Drive 8/4/2017 $390,000 0.1 Family Duplex 3,456 0.27 8 6-
Z 28 New Street 4/3/2012 $1,025,000 0.1 Colonial 2,076 0.13 3 2-1
- 17 Backus Lane 12/28/2000 $800,000 0.1 Vacant Land 1.27 -
- 11 Alexandia Drive 12/28/2021 $0 0.1 Family Duplex 1,728 0.26 4 2-
- 21 Backus Lane 11/16/2001 $0 0.1 Vacant Land 0.95 -
- 47 Hooper Farm Road 1/30/2018 $500,000 0.1 Ranch 912 0.23 2 1-
- 4 Second Way 1/25/2005 $825,000 0.1 Ranch 1,262 0.11 2 2-
- 38 Hooper Farm Road 9/2/2011 $0 0.1 Bungalow 816 0.24 3 1-
- 49 Hooper Farm Road 6/18/2020 $0 0.1 Ranch 2,955 0.45 5 4-
- 40 Hooper Farm Road 11/25/2011 $0 0.1 Cape Cod 3,545 0.23 6 4-
- 8 Alexandia Drive 1/30/2017 $0 0.1 Family Conver. 2,157 0.24 5 3-
- 34 Hooper Farm Road 6/11/1996 $0 0.1 Ranch 640 0.07 2 1-
- 33 Hooper Farm Road 6/15/2005 $643,500 0.1 Colonial 1,960 0.13 6 3-
- 36 Hooper Farm Road 11/28/2018 $995,000 0.1 Ranch 2,111 0.24 4 2-
- 44 Hooper Farm Road 11/30/2015 $0 0.1 Ranch 1,520 0.84 3 2-
- 25 Backus Lane 11/19/2001 $0 0.1 Vacant Land 0.98 -
- 49-R Hooper Farm Road 6/18/2020 $0 0.1 Outbuildings 0.18 -
- 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
- 9 Alexandia Drive 6/3/1998 $350,000 0.1 Family Duplex 2,796 0.23 6 5-
- 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
- 5 Hull Lane 10/26/2010 $412,000 0.1 Cape Cod 2,190 0.24 3 3-1
- 34-R Hooper Farm Road 6/11/1996 $0 0.1 Cape Cod 1,125 0.11 3 2-
- 7 Alexandia Drive 6/30/2017 $1,000,000 0.1 Family Duplex 1,785 0.27 4 2-
- 6 Alexandia Drive 10/2/2020 $922,500 0.1 Cape Cod 1,404 0.24 3 2-
- 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
- 51 Hooper Farm Road 10/26/2018 $895,000 0.1 Ranch 728 0.41 2 1-
- 12 First Way 7/13/2015 $0 0.1 Colonial 1,917 0.38 2 2-1
- 48 Hooper Farm Road 10/3/2014 $550,000 0.1 Cape Cod 1,355 0.23 3 2-
Averages 4704 days $379,721 0.08 --- 1,724 0.52 --- ---  
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
67 123 8 Fourth Way