56 Fairgrounds Road, Nantucket, MA 02554

56 Fairgrounds Road Nantucket MA 02554
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Owner Information
Owner 1
Ruby Fee
Owner 2
Matthew G Fee
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/17/2024
Previous sale date
1/16/1996
Transfer document #
1972-114
Previous transfer document
00493-0144
Grantor
Linda M True
Previous grantor
Jeffrey R Sayle
Most recent sale price
$2,150,000.00
Previous sale price
$245,000.00
Site Information
Property ID
67-300
Lot Size
0.73
Use Code
104 - Residential, two family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1988
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1824
Number of Kitchen
1
Gross Living Area
4739
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
$757,200.00
Total value
$1,404,100.00
Building value
$646,900.00
Estimated tax
$4,394.00
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 56 Fairgrounds Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,178.73 Style Cape Cod Age 1988 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 4739 Heating Fuel Hot Water Detached Garage Lot Size 0.73 Roof Cover Asph/F Gls/Cmp AEM Value - Building $646,900.00 AEM Value - Land $757,200.00 AEM Value - Other $0.00 AEM Value - Total $1,404,100.00
A) 19 Cynthia Lane 0.7 5/2/2024 $1,495,000 2,096 2 $713.26 Colonial 1999 5 3 3248 Hot Water 0.08 Asph/F Gls/Cmp $798,100 $375,300 $0 $1,173,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Fairgrounds Road 4/17/2024 $2,150,000 0 Cape Cod 1,824 0.73 4 2-1 -
  Criteria
A 19 Cynthia Lane 5/2/2024 $1,495,000 0.7 Colonial 2,096 0.08 5 3-
Averages 59 days $1,495,000 0.71 --- 2,096 0.08 --- ---  

Estimation of Market Value - $1,544,961

As of today, 06/30/2024, the estimated market value of 56 Fairgrounds Road, Nantucket considering the above 1 comparable properties is $1,544,961.

 

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
@ 56 Fairgrounds Road 4/17/2024 $2,150,000 0 Cape Cod 1,824 0.73 4 2-1 -
  Criteria
A 58 Fairgrounds Road 4/12/2021 $0 0.0 Family Duplex 2,561 0.5 5 3-
B 54 Fairgrounds Road $0 0.0 Colonial 2,084 0.73 3 3-
C 2 Rugged Road 4/12/2021 $0 0.0 Cape Cod 1,336 0.46 5 2-
D 48 Fairgrounds Road 6/1/1982 $0 0.0 Vacant Land 0.73 -
E 49 Fairgrounds Road 12/15/2021 $2,150,000 0.1 Colonial 1,113 0.46 3 2-
F 10 Rugged Road 12/20/2021 $8,995,000 0.1 Colonial 1,711 4.11 3 2-
G 44 Fairgrounds Road $0 0.1 Ranch 2,466 0.8 3 2-
H 1 Rugged Road 12/1/2017 $925,000 0.1 Cape Cod 1,244 1.01 2 1-1
I 51 Fairgrounds Road 9/25/1987 $300,000 0.1 Cape Cod 2,501 0.49 5 3-
J 2 Weatherly Place 10/31/2014 $450,000 0.1 Cape Cod 1,851 0.25 4 2-
K 1 Weatherly Place 2/3/2020 $850,000 0.1 Bungalow 1,725 0.25 4 3-
L 47 Fairgrounds Road 1/6/2016 $1,020,000 0.1 Family Duplex 2,172 0.42 4 3-1
M 42 Fairgrounds Road 6/9/1989 $312,000 0.1 Cape Cod 2,234 0.8 4 2-1
N 55 Fairgrounds Road 3/22/2016 $0 0.1 Vacant Land 1.02 -
O 45 Fairgrounds Road 4/29/2014 $525,000 0.1 Cape Cod 1,248 0.55 3 2-
P 64 Fairgrounds Road 4/26/2022 $0 0.1 Colonial 2,639 2 3 4-
Q 41 Fairgrounds Road 5/31/2011 $600,000 0.1 Ranch 792 0.34 3 1-
R 11 Brinda Lane 6/12/1992 $120,000 0.1 Ranch 1,659 0.55 2 1-1
S 12 Brinda Lane 12/23/1991 $245,000 0.1 Ranch 2,315 0.56 3 2-
T 43 Fairgrounds Road 1/23/2017 $750,000 0.1 Cape Cod 1,807 0.55 2 2-
U 40 Fairgrounds Road 3/26/2020 $850,000 0.1 Ranch 1,365 0.8 3 1-
V 2 Seikinnow Place 11/15/2007 $1,140,000 0.1 Cape Cod 2,620 0.46 5 4-
W 4 Seikinnow Place 6/2/1998 $129,500 0.1 Colonial 2,240 0.46 4 3-
X 6 Seikinnow Place 10/25/2017 $0 0.1 Cape Cod 2,410 0.46 5 2-1
Averages 5212 days $806,729 0.08 --- 1,754 0.78 --- ---  
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
67 300 56 Fairgrounds Road