4 Gray Avenue, Nantucket, MA 02554

4 Gray Avenue Nantucket MA 02554
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Owner Information
Owner 1
Richard S Herman & Maureen F
Owner 2
Owner's Address
4 Gray Ave Nantucket, MA 02554
Market Sale Information
Most recent sale date
Previous sale date
Transfer document #
C0005-0951
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
67-174
Lot Size
0.67
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1978
Number of full baths
2
Condition
Number of half baths
Finished Area
2095
Number of Kitchen
1
Gross Living Area
4608
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
$661,700.00
Total value
$1,345,100.00
Building value
$683,400.00
Estimated tax
$4,210.00
Yard improvement value
$0.00
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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 4 Gray Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1978 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 4608 Heating Fuel Hot Water Detached Garage Lot Size 0.67 Roof Cover Asph/F Gls/Cmp AEM Value - Building $683,400.00 AEM Value - Land $661,700.00 AEM Value - Other $0.00 AEM Value - Total $1,345,100.00
A) 8 Essex Road 0.5 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
B) 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
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) 121 Orange Street 0.8 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
E) 16 Polliwog Pond Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Gray Avenue $0 0 Cape Cod 2,095 0.67 4 2- -
  Criteria
A 8 Essex Road 5/15/2024 $1,900,000 0.5 Colonial 1,872 0.31 3 3-
B 7 Yompasham Lane 2/14/2024 $2,262,500 0.7 Conventional 1,878 0.25 3 3-
C 8 Luff Road 5/9/2024 $1,900,000 0.8 Ranch 1,894 0.36 3 2-
D 121 Orange Street 3/1/2024 $800,000 0.8 Antique 1,574 0.3 3 1-
E 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.9 Cape Cod 1,830 0.24 5 2-
Averages 110 days $1,822,500 0.73 --- 1,810 0.29 --- ---  

Estimation of Market Value - $1,844,259

As of today, 07/04/2024, the estimated market value of 4 Gray Avenue, Nantucket considering the above 5 comparable properties is $1,844,259.

 

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
@ 4 Gray Avenue $0 0 Cape Cod 2,095 0.67 4 2- -
  Criteria
A 11 Parker Lane $0 0.0 Cape Cod 1,296 0.23 4 1-
B 9 Parker Lane $0 0.0 Vacant Land 0.23 -
C 6 Gray Avenue 1/14/2022 $1,725,000 0.0 Cape Cod 1,248 0.25 4 2-
D 15 Parker Lane 11/15/2020 $1,100,000 0.0 Vacant Land 0.23 -
E 4 Nautilus Lane 8/31/2018 $0 0.0 Ranch 1,750 0.45 3 1-1
F 7 Parker Lane 3/3/2023 $2,060,000 0.0 Colonial 2,460 0.23 4 3-
G 5 Parker Lane 12/7/2018 $0 0.0 Colonial 1,632 0.53 4 2-
H 5 Gray Avenue $0 0.1 Vacant Land 0.92 -
I 10 Parker Lane 3/22/2016 $0 0.1 Cape Cod 1,940 1.04 3 3-
J 3 Parker Lane 9/5/2019 $475,000 0.1 Cape Cod 1,134 0.25 3 2-
K 55 Fairgrounds Road 3/22/2016 $0 0.1 Vacant Land 1.02 -
L 10 Gray Avenue 11/7/2019 $2,165,000 0.1 Cape Cod 2,362 0.24 4 4-1
M 9 Gray Avenue 11/12/2021 $0 0.1 Ranch 1,188 0.46 3 1-1
N 67 Fairgrounds Road 12/15/2004 $740,000 0.1 Ranch 1,752 0.23 3 1-1
O 6 Parker Lane 7/10/2019 $0 0.1 Cape Cod 1,100 0.8 2 1-
P 62 Hooper Farm Road 5/27/2016 $775,000 0.1 Ranch 1,778 0.6 6 4-1
Q 60 Hooper Farm Road 3/17/2023 $2,700,000 0.1 Cape Cod 1,862 0.31 4 3-1
R 68 Hooper Farm Road 3/9/2022 $0 0.1 Family Duplex 2,352 0.29 5 5-
S 51 Fairgrounds Road 9/25/1987 $300,000 0.1 Cape Cod 2,501 0.49 5 3-
T 71 Fairgrounds Road 4/19/2022 $700,000 0.1 Vacant Land 0.26 -
U 11 Brinda Lane 6/12/1992 $120,000 0.1 Ranch 1,659 0.55 2 1-1
V 66 Hooper Farm Road 6/1/2021 $1,084,000 0.1 Cape Cod 1,530 0.23 3 2-
W 9 Brinda Lane 6/20/2019 $1,160,000 0.1 Ranch 1,594 0.61 3 1-1
X 12-R Gray Avenue 5/24/2022 $0 0.1 Gar/Apt Res 741 0.44 3 1-
Y 56 Hooper Farm Road 1/17/2018 $0 0.1 Cape Cod 1,823 0.28 5 3-
Z 66 Fairgrounds Road 6/30/2005 $1,300,000 0.1 Cape Cod 3,266 2 4 5-
- 49 Fairgrounds Road 12/15/2021 $2,150,000 0.1 Colonial 1,113 0.46 3 2-
- 7 Brinda Lane 12/15/2015 $810,000 0.1 Cape Cod 2,356 0.4 4 2-
- 64 Fairgrounds Road 4/26/2022 $0 0.1 Colonial 2,639 2 3 4-
- 73 Fairgrounds Road 10/1/2014 $1,450,000 0.1 Colonial 3,208 0.51 4 4-1
Averages 2890 days $693,800 0.08 --- 1,543 0.55 --- ---  
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
67 174 4 Gray Avenue