40 Fairgrounds Road, Nantucket, MA 02554

40 Fairgrounds Road Nantucket MA 02554
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Owner Information
Owner 1
Jesse W Geagan & Gherardini Brooke M
Owner 2
Owner's Address
61 Old South Rd # 177 Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/26/2020
Previous sale date
11/20/1998
Transfer document #
1739-201
Previous transfer document
00599-0332
Grantor
Dean E Maguire
Previous grantor
Dean E Maguire
Most recent sale price
$850,000.00
Previous sale price
$0.00
Site Information
Property ID
67-294
Lot Size
0.8
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1980
Number of full baths
1
Condition
Number of half baths
Finished Area
1365
Number of Kitchen
1
Gross Living Area
2456
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
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
$761,400.00
Total value
$1,256,600.00
Building value
$495,200.00
Estimated tax
$3,933.00
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 40 Fairgrounds Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $622.71 Style Ranch Age 1980 Rooms Bedrooms 3 Full baths 1 Half baths Gross Living Area 2456 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.8 Roof Cover Asph/F Gls/Cmp AEM Value - Building $495,200.00 AEM Value - Land $761,400.00 AEM Value - Other $0.00 AEM Value - Total $1,256,600.00
A) 31 Surfside Road 0.6 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
B) 121 Orange Street 0.7 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
C) 21 Woodland Drive 0.8 6/24/2024 $1,255,000 1,260 1.5 $996.03 Cape Cod 1993 4 2 3588 Hot Water 0.47 Asph/F Gls/Cmp $517,300 $741,700 $0 $1,259,000
D) 1 Back Street 0.8 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
E) 3 Back Street 0.8 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
F) 4 York Street 0.9 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Fairgrounds Road 3/26/2020 $850,000 0 Ranch 1,365 0.8 3 1- -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.6 Cape Cod 1,404 0.15 3 2-
B 121 Orange Street 3/1/2024 $800,000 0.7 Antique 1,574 0.3 3 1-
C 21 Woodland Drive 6/24/2024 $1,255,000 0.8 Cape Cod 1,260 0.47 4 2-
D 1 Back Street 1/2/2024 $2,900,000 0.8 Colonial 1,520 0.12 2 2-
E 3 Back Street 1/2/2024 $2,900,000 0.8 Ranch 1,344 0.12 3 2-
F 4 York Street 3/28/2024 $2,175,000 0.9 Antique 1,489 0.07 3 2-
Averages 105 days $2,025,833 0.80 --- 1,432 0.21 --- ---  

Estimation of Market Value - $1,898,741

As of today, 07/02/2024, the estimated market value of 40 Fairgrounds Road, Nantucket considering the above 6 comparable properties is $1,898,741.

 

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
@ 40 Fairgrounds Road 3/26/2020 $850,000 0 Ranch 1,365 0.8 3 1- -
  Criteria
A 42 Fairgrounds Road 6/9/1989 $312,000 0.0 Cape Cod 2,234 0.8 4 2-1
B 36 Fairgrounds Road 6/9/2021 $0 0.0 Family Duplex 2,119 0.8 4 3-
C 44 Fairgrounds Road $0 0.0 Ranch 2,466 0.8 3 2-
D 34 Fairgrounds Road 5/27/2020 $850,000 0.0 Ranch 1,628 0.8 2 2-
E 1 Cachalot Lane 9/14/2014 $310,000 0.1 Cape Cod 3,808 0.53 6 3-
F 32 Fairgrounds Road 10/17/2017 $0 0.1 Colonial 3,089 0.55 4 3-
G 41 Fairgrounds Road 5/31/2011 $600,000 0.1 Ranch 792 0.34 3 1-
H 37 Fairgrounds Road 1/17/2003 $324,000 0.1 Modern/Contemp 588 0.26 2 1-
I 35 Fairgrounds Road 10/15/2004 $355,000 0.1 Colonial 2,761 0.26 3 3-1
J 48 Fairgrounds Road 6/1/1982 $0 0.1 Vacant Land 0.73 -
K 19 Trotters Lane 8/14/2001 $0 0.1 Ranch 672 0.08 2 1-
L 1 Ticcoma Way 8/29/2008 $525,000 0.1 Ranch 1,108 0.55 2 1-1
M 43 Fairgrounds Road 1/23/2017 $750,000 0.1 Cape Cod 1,807 0.55 2 2-
N 23 Trotters Lane 8/14/2001 $0 0.1 Cape Cod 936 0.58 2 1-
O 11 Ticcoma Way 1/12/2017 $895,000 0.1 Ranch 1,305 0.46 2 2-
P 54 Fairgrounds Road $0 0.1 Colonial 2,084 0.73 3 3-
Q 45 Fairgrounds Road 4/29/2014 $525,000 0.1 Cape Cod 1,248 0.55 3 2-
R 31 Fairgrounds Road 2/12/2021 $3,600,000 0.1 Ranch 1,615 1.97 4 2-
S 26 Trotters Lane 7/16/2019 $373,000 0.1 Colonial 1,664 0.14 3 3-
T 47 Fairgrounds Road 1/6/2016 $1,020,000 0.1 Family Duplex 2,172 0.42 4 3-1
U 6 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
V 4 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
W 8 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
X 2 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
Y 56 Fairgrounds Road 4/17/2024 $2,150,000 0.1 Cape Cod 1,824 0.73 4 2-1
Z 10 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
- 10 Rugged Road 12/20/2021 $8,995,000 0.1 Colonial 1,711 4.11 3 2-
- 12 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
- 14 Seikinnow Place 3/2/1998 $139,500 0.1 Cape Cod 2,540 0.46 3 2-
- 1 Weatherly Place 2/3/2020 $850,000 0.1 Bungalow 1,725 0.25 4 3-
- 16 Seikinnow Place 1/6/2023 $2,400,000 0.1 Cape Cod 2,442 0.46 5 4-
- 14 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
- 12 Seikinnow Place 12/12/1997 $129,500 0.1 Cape Cod 2,790 0.46 4 4-1
- 18 Seikinnow Place 8/21/2017 $0 0.1 Cape Cod 2,786 0.46 3 2-
- 17 Trotters Lane 9/30/2014 $0 0.1 Cape Cod 3,201 0.53 4 3-
- 16 Ticcoma Way 7/30/2004 $15,500,000 0.1 Vacant Land 0.12 -
- 10 Seikinnow Place 2/1/2017 $550,000 0.1 Cape Cod 1,962 0.46 3 2-1
- 27 Fairgrounds Road 3/24/1999 $1,400,000 0.1 Restaurant 5,410 1.55 0 3-
Averages 5366 days $3,975,079 0.09 --- 1,592 0.59 --- ---  
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
67 294 40 Fairgrounds Road