81 Fairgrounds Road, Nantucket, MA 02554

81 Fairgrounds Road Nantucket MA 02554
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Owner Information
Owner 1
William Reith & Carolyn
Owner 2
Owner's Address
81 Fairgrounds Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
8/16/1999
Previous sale date
05/16/1988
Transfer document #
C0019-0048
Previous transfer document
C0013-0638
Grantor
William H Reith
Previous grantor
Most recent sale price
$0.00
Previous sale price
$315,000.00
Site Information
Property ID
67-184
Lot Size
0.39
Use Code
101 - Residential, single family
Zoning
R10
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1987
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2116
Number of Kitchen
1
Gross Living Area
2464
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$705,000.00
Total value
$1,397,700.00
Building value
$692,700.00
Estimated tax
$4,374.00
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 81 Fairgrounds Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1987 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2464 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.39 Roof Cover Asph/F Gls/Cmp AEM Value - Building $692,700.00 AEM Value - Land $705,000.00 AEM Value - Other $0.00 AEM Value - Total $1,397,700.00
A) 8 Essex Road 0.6 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) 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
C) 7 Yompasham Lane 0.8 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
D) 16 Polliwog Pond Road 1.0 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
@ 81 Fairgrounds Road 8/16/1999 $0 0 Colonial 2,116 0.39 3 2-1 -
  Criteria
A 8 Essex Road 5/15/2024 $1,900,000 0.6 Colonial 1,872 0.31 3 3-
B 8 Luff Road 5/9/2024 $1,900,000 0.7 Ranch 1,894 0.36 3 2-
C 7 Yompasham Lane 2/14/2024 $2,262,500 0.8 Conventional 1,878 0.25 3 3-
D 16 Polliwog Pond Road 1/9/2024 $2,250,000 1.0 Cape Cod 1,830 0.24 5 2-
Averages 109 days $2,078,125 0.77 --- 1,869 0.29 --- ---  

Estimation of Market Value - $2,092,712

As of today, 07/07/2024, the estimated market value of 81 Fairgrounds Road, Nantucket considering the above 4 comparable properties is $2,092,712.

 

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
@ 81 Fairgrounds Road 8/16/1999 $0 0 Colonial 2,116 0.39 3 2-1 -
  Criteria
A 79 Fairgrounds Road 4/12/1995 $175,000 0.0 Ranch 1,923 0.46 2 2-
B 85 Fairgrounds Road 1/20/2009 $0 0.0 Cape Cod 1,152 0.92 4 2-
C 18-B Gray Avenue 11/1/2012 $290,000 0.0 Ranch 1,352 0.55 3 2-
D 20 Gray Avenue 4/1/2016 $1,100,000 0.0 Cape Cod 1,991 0.92 4 2-1
E 77 Fairgrounds Road $0 0.0 Cape Cod 1,806 0.46 4 2-
F 14 Gray Avenue 5/7/1993 $210,000 0.1 Colonial 1,904 0.56 4 2-
G 96 Surfside Road 6/13/2016 $0 0.1 Colonial 1,200 0.66 3 1-1
H 15-C Gray Avenue 2/1/2017 $0 0.1 Family Duplex 1,848 0.23 4 2-
I 19 Gray Avenue 10/28/2021 $1,658,888 0.1 Ranch 1,503 0.24 3 3-
J 73 Fairgrounds Road 10/1/2014 $1,450,000 0.1 Colonial 3,208 0.51 4 4-1
K 24 Gray Avenue 5/20/1991 $190,000 0.1 Colonial 1,920 0.93 3 2-
L 89 Fairgrounds Road 2/22/2011 $0 0.1 Bungalow 694 0.66 2 1-
M 17 Gray Avenue 11/9/2015 $965,000 0.1 Family Duplex 2,352 0.4 6 4-
N 80 Fairgrounds Road 7/25/2013 $0 0.1 Vacant Land 10 -
O 78 Hooper Farm Road 7/14/2011 $0 0.1 Family Duplex 1,848 0.32 4 2-
P 12-R Gray Avenue 5/24/2022 $0 0.1 Gar/Apt Res 741 0.44 3 1-
Q 15 Gray Avenue 12/23/2019 $950,000 0.1 Gar/Apt Res 1,176 0.21 2 1-1
R 71 Fairgrounds Road 4/19/2022 $700,000 0.1 Vacant Land 0.26 -
S 94 Surfside Road 7/28/2006 $1,250,888 0.1 Colonial 2,815 0.23 5 3-
T 92 Surfside Road 5/20/2003 $0 0.1 Colonial 3,216 0.24 3 2-
U 77 Hooper Farm Road 4/3/2015 $625,000 0.1 Ranch 1,456 0.47 3 1-1
V 100 Surfside Road 7/23/2020 $274,500 0.1 Colonial 1,844 1.76 4 2-
W 90 Surfside Road 8/26/1988 $218,000 0.1 Cape Cod 2,414 0.47 3 2-
X 67 Fairgrounds Road 12/15/2004 $740,000 0.1 Ranch 1,752 0.23 3 1-1
Averages 5073 days $449,887 0.08 --- 1,671 0.92 --- ---  
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
67 184 81 Fairgrounds Road