10 Gray Avenue, Nantucket, MA 02554

Owner Information
Owner 1
KMM Group LLC
Owner 2
C/O Lou Luretta
Owner's Address
P O Box 5206 Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/7/2019
Previous sale date
11/15/2017
Transfer document #
C0027530-
Previous transfer document
C0026670-0
Grantor
Joseph Manning
Previous grantor
Lemberg Son & Daughter LLC
Most recent sale price
$2,165,000.00
Previous sale price
$530,000.00
Site Information
Property ID
67-178
Lot Size
0.24
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
2018
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2362
Number of Kitchen
1
Gross Living Area
4552
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
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
$638,100.00
Total value
$2,590,100.00
Building value
$1,952,000.00
Estimated tax
$8,107.00
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 10 Gray Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $916.60 Style Cape Cod Age 2018 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 4552 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.24 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,952,000.00 AEM Value - Land $638,100.00 AEM Value - Other $0.00 AEM Value - Total $2,590,100.00
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 0.7 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) 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
@ 10 Gray Avenue 11/7/2019 $2,165,000 0 Cape Cod 2,362 0.24 4 4-1 -
  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 0.7 Ranch 1,894 0.36 3 2-
D 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.9 Cape Cod 1,830 0.24 5 2-
Averages 109 days $2,078,125 0.71 --- 1,869 0.29 --- ---  

Estimation of Market Value - $3,010,979

As of today, 07/07/2024, the estimated market value of 10 Gray Avenue, Nantucket considering the above 4 comparable properties is $3,010,979.

 

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
@ 10 Gray Avenue 11/7/2019 $2,165,000 0 Cape Cod 2,362 0.24 4 4-1 -
  Criteria
A 67 Fairgrounds Road 12/15/2004 $740,000 0.0 Ranch 1,752 0.23 3 1-1
B 6 Gray Avenue 1/14/2022 $1,725,000 0.0 Cape Cod 1,248 0.25 4 2-
C 12-R Gray Avenue 5/24/2022 $0 0.0 Gar/Apt Res 741 0.44 3 1-
D 71 Fairgrounds Road 4/19/2022 $700,000 0.0 Vacant Land 0.26 -
E 9 Gray Avenue 11/12/2021 $0 0.0 Ranch 1,188 0.46 3 1-1
F 4 Nautilus Lane 8/31/2018 $0 0.1 Ranch 1,750 0.45 3 1-1
G 73 Fairgrounds Road 10/1/2014 $1,450,000 0.1 Colonial 3,208 0.51 4 4-1
H 5 Gray Avenue $0 0.1 Vacant Land 0.92 -
I 4 Gray Avenue $0 0.1 Cape Cod 2,095 0.67 4 2-
J 68 Hooper Farm Road 3/9/2022 $0 0.1 Family Duplex 2,352 0.29 5 5-
K 14 Gray Avenue 5/7/1993 $210,000 0.1 Colonial 1,904 0.56 4 2-
L 77 Fairgrounds Road $0 0.1 Cape Cod 1,806 0.46 4 2-
M 15 Parker Lane 11/15/2020 $1,100,000 0.1 Vacant Land 0.23 -
N 11 Parker Lane $0 0.1 Cape Cod 1,296 0.23 4 1-
O 66 Hooper Farm Road 6/1/2021 $1,084,000 0.1 Cape Cod 1,530 0.23 3 2-
P 9 Parker Lane $0 0.1 Vacant Land 0.23 -
Q 5 Parker Lane 12/7/2018 $0 0.1 Colonial 1,632 0.53 4 2-
R 62 Hooper Farm Road 5/27/2016 $775,000 0.1 Ranch 1,778 0.6 6 4-1
S 15 Gray Avenue 12/23/2019 $950,000 0.1 Gar/Apt Res 1,176 0.21 2 1-1
T 7 Parker Lane 3/3/2023 $2,060,000 0.1 Colonial 2,460 0.23 4 3-
U 79 Fairgrounds Road 4/12/1995 $175,000 0.1 Ranch 1,923 0.46 2 2-
V 3 Parker Lane 9/5/2019 $475,000 0.1 Cape Cod 1,134 0.25 3 2-
W 2 Surfside Drive 5/2/2018 $0 0.1 Cape Cod 1,512 0.23 3 1-1
X 15-C Gray Avenue 2/1/2017 $0 0.1 Family Duplex 1,848 0.23 4 2-
Y 71 Hooper Farm Road $0 0.1 Family Duplex 2,309 0.24 5 3-
Z 69 Hooper Farm Road 3/16/2001 $0 0.1 Family Duplex 4,941 0.24 8 5-
- 78 Hooper Farm Road 7/14/2011 $0 0.1 Family Duplex 1,848 0.32 4 2-
- 18-B Gray Avenue 11/1/2012 $290,000 0.1 Ranch 1,352 0.55 3 2-
- 4 Scotts Way 6/18/2018 $0 0.1 Cape Cod 1,962 1.07 3 2-1
- 68 Fairgrounds Road 4/6/2001 $300,000 0.1 Ranch 1,768 1.99 3 3-
Averages 3492 days $401,133 0.09 --- 1,617 0.45 --- ---  
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
67 178 10 Gray Avenue