48 Fairgrounds Road, Nantucket, MA 02554

48 Fairgrounds Road Nantucket MA 02554
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Owner Information
Owner 1
Stephen Butler & Karla W
Owner 2
Owner's Address
54 Fairgrounds Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/1/1982
Previous sale date
Transfer document #
00192-0117
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
67-298
Lot Size
0.73
Use Code
130 - Land, developable
Zoning
R20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$757,200.00
Total value
$757,200.00
Building value
$0.00
Estimated tax
$2,370.00
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 48 Fairgrounds Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 0.73 Roof Cover AEM Value - Building $0.00 AEM Value - Land $757,200.00 AEM Value - Other $0.00 AEM Value - Total $757,200.00
A) 8 Chatham Road 0.7 5/28/2024 $10,252 - Vacant Land 1.41 $0 $2,404,600 $0 $2,404,600
B) 7 Brewster Road 0.9 4/8/2024 $3,000,000 - Vacant Land 0.96 $0 $2,323,600 $0 $2,323,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Fairgrounds Road 6/1/1982 $0 0 Vacant Land 0.73 - -
  Criteria
A 8 Chatham Road 5/28/2024 $10,252 0.7 Vacant Land 1.41 -
B 7 Brewster Road 4/8/2024 $3,000,000 0.9 Vacant Land 0.96 -
Averages 60 days $1,505,126 0.79 --- 1.18 --- ---  

Estimation of Market Value - $482,078

As of today, 07/02/2024, the estimated market value of 48 Fairgrounds Road, Nantucket considering the above 2 comparable properties is $482,078.

 

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
@ 48 Fairgrounds Road 6/1/1982 $0 0 Vacant Land 0.73 - -
  Criteria
A 54 Fairgrounds Road $0 0.0 Colonial 2,084 0.73 3 3-
B 56 Fairgrounds Road 4/17/2024 $2,150,000 0.0 Cape Cod 1,824 0.73 4 2-1
C 44 Fairgrounds Road $0 0.0 Ranch 2,466 0.8 3 2-
D 58 Fairgrounds Road 4/12/2021 $0 0.1 Family Duplex 2,561 0.5 5 3-
E 42 Fairgrounds Road 6/9/1989 $312,000 0.1 Cape Cod 2,234 0.8 4 2-1
F 10 Rugged Road 12/20/2021 $8,995,000 0.1 Colonial 1,711 4.11 3 2-
G 2 Rugged Road 4/12/2021 $0 0.1 Cape Cod 1,336 0.46 5 2-
H 47 Fairgrounds Road 1/6/2016 $1,020,000 0.1 Family Duplex 2,172 0.42 4 3-1
I 40 Fairgrounds Road 3/26/2020 $850,000 0.1 Ranch 1,365 0.8 3 1-
J 49 Fairgrounds Road 12/15/2021 $2,150,000 0.1 Colonial 1,113 0.46 3 2-
K 1 Weatherly Place 2/3/2020 $850,000 0.1 Bungalow 1,725 0.25 4 3-
L 41 Fairgrounds Road 5/31/2011 $600,000 0.1 Ranch 792 0.34 3 1-
M 2 Weatherly Place 10/31/2014 $450,000 0.1 Cape Cod 1,851 0.25 4 2-
N 45 Fairgrounds Road 4/29/2014 $525,000 0.1 Cape Cod 1,248 0.55 3 2-
O 43 Fairgrounds Road 1/23/2017 $750,000 0.1 Cape Cod 1,807 0.55 2 2-
P 36 Fairgrounds Road 6/9/2021 $0 0.1 Family Duplex 2,119 0.8 4 3-
Q 51 Fairgrounds Road 9/25/1987 $300,000 0.1 Cape Cod 2,501 0.49 5 3-
R 19 Trotters Lane 8/14/2001 $0 0.1 Ranch 672 0.08 2 1-
S 12 Brinda Lane 12/23/1991 $245,000 0.1 Ranch 2,315 0.56 3 2-
T 23 Trotters Lane 8/14/2001 $0 0.1 Cape Cod 936 0.58 2 1-
U 37 Fairgrounds Road 1/17/2003 $324,000 0.1 Modern/Contemp 588 0.26 2 1-
V 1 Rugged Road 12/1/2017 $925,000 0.1 Cape Cod 1,244 1.01 2 1-1
W 34 Fairgrounds Road 5/27/2020 $850,000 0.1 Ranch 1,628 0.8 2 2-
X 4 Seikinnow Place 6/2/1998 $129,500 0.1 Colonial 2,240 0.46 4 3-
Y 1 Cachalot Lane 9/14/2014 $310,000 0.1 Cape Cod 3,808 0.53 6 3-
Z 6 Seikinnow Place 10/25/2017 $0 0.1 Cape Cod 2,410 0.46 5 2-1
- 35 Fairgrounds Road 10/15/2004 $355,000 0.1 Colonial 2,761 0.26 3 3-1
- 8 Seikinnow Place 2/2/2011 $0 0.1 Cape Cod 1,718 0.46 3 2-
- 11 Brinda Lane 6/12/1992 $120,000 0.1 Ranch 1,659 0.55 2 1-1
- 55 Fairgrounds Road 3/22/2016 $0 0.1 Vacant Land 1.02 -
- 2 Seikinnow Place 11/15/2007 $1,140,000 0.1 Cape Cod 2,620 0.46 5 4-
- 10 Seikinnow Place 2/1/2017 $550,000 0.1 Cape Cod 1,962 0.46 3 2-1
- 10 Brinda Lane 6/23/2017 $0 0.1 Ranch 1,274 0.86 3 2-
Averages 4733 days $724,258 0.09 --- 1,780 0.66 --- ---  
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
67 298 48 Fairgrounds Road