2 Essex Road, Nantucket, MA 02554

2 Essex Road Nantucket MA 02554
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Owner Information
Owner 1
Loftus Brothers LLC
Owner 2
Owner's Address
P O Box 3243 Nantucket, MA 02584
Market Sale Information
Most recent sale date
12/15/2015
Previous sale date
03/04/1999
Transfer document #
01515-0100
Previous transfer document
00613-0104
Grantor
Manuel J Perry
Previous grantor
Virginia E Perry
Most recent sale price
$250,000.00
Previous sale price
$0.00
Site Information
Property ID
67-595
Lot Size
0.11
Use Code
104 - Residential, two family
Zoning
R5
Building Style
Family Duplex
Number of Rooms
Stories
2
Number of Beds
4
Year Built
2016
Number of full baths
2
Condition
Number of half baths
Finished Area
1904
Number of Kitchen
Gross Living Area
3212
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$322,700.00
Total value
$1,108,200.00
Building value
$785,500.00
Estimated tax
$3,468.00
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 2 Essex Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $131.30 Style Family Duplex Age 2016 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 3212 Heating Fuel Hot Water Detached Garage Lot Size 0.11 Roof Cover Asph/F Gls/Cmp AEM Value - Building $785,500.00 AEM Value - Land $322,700.00 AEM Value - Other $0.00 AEM Value - Total $1,108,200.00
A) 19 Cynthia Lane 0.2 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
B) 56 Fairgrounds Road 0.7 4/17/2024 $2,150,000 1,824 1 $1178.73 Cape Cod 1988 4 2 1 4739 Hot Water 0.73 Asph/F Gls/Cmp $646,900 $757,200 $0 $1,404,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Essex Road 12/15/2015 $250,000 0 Family Duplex 1,904 0.11 4 2- -
  Criteria
A 19 Cynthia Lane 5/2/2024 $1,495,000 0.2 Colonial 2,096 0.08 5 3-
B 56 Fairgrounds Road 4/17/2024 $2,150,000 0.7 Cape Cod 1,824 0.73 4 2-1
Averages 67 days $1,822,500 0.41 --- 1,960 0.41 --- ---  

Estimation of Market Value - $1,668,801

As of today, 06/30/2024, the estimated market value of 2 Essex Road, Nantucket considering the above 2 comparable properties is $1,668,801.

 

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
@ 2 Essex Road 12/15/2015 $250,000 0 Family Duplex 1,904 0.11 4 2- -
  Criteria
A 2 Essex Road-Lot 596 12/15/2015 $250,000 0.0 Family Duplex 2,808 0.12 6 2-4
B 20 Bartlett Road 10/16/2020 $620,000 0.0 Ranch 612 0.12 2 1-
C 4 Essex Road 5/6/2021 $1,225,000 0.0 Family Duplex 3,099 0.12 8 6-
D 18 Bartlett Road 8/10/2021 $0 0.0 Ranch 1,812 0.18 2 3-
E 21 Bartlett Road 10/23/2020 $882,875 0.0 Cape Cod 1,344 0.23 3 3-1
F 1 Essex Road 2/17/2015 $0 0.0 Four Family 5,214 0.27 8 9-
G 1 Cedar Circle 7/28/2021 $0 0.0 Colonial 1,680 0.23 4 2-
H 3 Essex Road 3/24/2000 $417,100 0.0 Colonial 3,154 0.14 7 3-
I 23-A Bartlett Road Unit A 2/8/2008 $575,000 0.0 Condominium 1,768 0 5 3-
J 23-B Bartlett Road Unit B 7/27/2007 $880,000 0.0 Affordable Hsg 644 0 1 1-
K 16 Bartlett Road Unit 1 4/29/1993 $0 0.0 Cape Cod 2,385 0.35 3 3-
L 2 Cedar Circle 6/22/2017 $930,000 0.0 Colonial 2,240 0.23 3 2-1
M 8 Essex Road 5/15/2024 $1,900,000 0.0 Colonial 1,872 0.31 3 3-
N 19 Bartlett Road 10/31/2017 $980,000 0.0 Cape Cod 1,496 0.42 2 2-
O 5 Essex Road 6/30/2004 $290,000 0.0 Family Duplex 2,392 0.14 6 5-1
P 17-B Bartlett Road 10/8/2021 $0 0.0 Cape Cod 1,313 0.23 3 2-
Q 3 Thirty Acres Lane 11/28/2012 $110,000 0.1 Vacant Land 0.3 -
R 3 Cedar Circle 1/3/1996 $65,000 0.1 Cape Cod 1,428 0.19 4 2-
S 5 Thirty Acres Lane 1/29/2002 $0 0.1 Family Duplex 2,080 0.21 4 2-2
T 7 Essex Road 9/7/2018 $0 0.1 Colonial 1,742 0.14 2 2-
U 10 Essex Road 5/14/2004 $285,000 0.1 Colonial 1,508 0.21 4 3-
V 25 Bartlett Road 3/8/1995 $180,000 0.1 Colonial 2,008 0.33 3 2-1
W 16 Bartlett Road 9/8/2011 $0 0.1 Ranch 1,384 0.24 3 1-
X 1 Thirty Acres Lane 11/23/2007 $0 0.1 Colonial 3,331 0.12 3 2-1
Y 4 Cedar Circle 5/16/2018 $1,375,000 0.1 Family Duplex 2,464 0.23 6 4-
Z 7 Thirty Acres Lane 11/6/2020 $0 0.1 Warehouse 3,205 0.19 3 3-
- 12 Essex Road 6/2/2016 $0 0.1 Colonial 2,419 0.19 3 3-
- 25-R Bartlett Road 3/8/1999 $0 0.1 Colonial 1,792 0.2 4 1-1
- 24 Bartlett Road 8/17/2016 $0 0.1 Colonial 3,528 0.75 4 3-
- 17-A Bartlett Road 7/11/2022 $1,200,000 0.1 Ranch 800 0.24 2 1-
- 11 Essex Road 12/15/2016 $0 0.1 Colonial 2,208 0.18 3 2-1
- 5 Cedar Circle 8/27/2001 $0 0.1 Ranch 1,254 0.41 3 2-
- 17 Bailey Road 2/11/2020 $800,000 0.1 Cape Cod 1,260 0.24 3 2-
- 14 Essex Road 6/26/2018 $0 0.1 Cape Cod 1,666 0.17 3 2-
- 2 Thirty Acres Lane 2/2/2021 $1,600,000 0.1 Aptovrgar/Whse 2,639 0.25 3 2-1
- 13 Essex Road 4/27/2017 $0 0.1 Ranch 3,046 0.19 4 2-
- 9 Cedar Circle 12/19/2012 $470,000 0.1 Colonial 2,033 0.23 5 3-
- 9 Thirty Acres Lane 5/6/2022 $3,000,000 0.1 Dormitory 3,444 0.42 14 10-
- 17 Bartlett Road 12/28/2021 $1,900,000 0.1 Colonial 2,776 0.33 4 2-1
- 16 Essex Road 8/27/1998 $117,500 0.1 Family Duplex 3,316 0.17 4 3-
- 12-R Bartlett Road 3/21/2022 $2,750,000 0.1 Vacant Land 0.19 -
- 10-A Thirty Acres Lane Unit A 1/16/2007 $599,000 0.1 Condominium 1,664 0 3 3-1
- 10-B Thirty Acres Lane Unit B 11/14/2016 $550,000 0.1 Condominium 1,152 0 2 2-1
- 10-C Thirty Acres Lane Unit C 1/14/2009 $0 0.1 Condominium 2,496 0 2 3-1
- 10-D Thirty Acres Lane Unit D 10/3/2017 $0 0.1 Condominium 1,152 0 2 2-1
- 24 Bailey Road 6/9/2021 $0 0.1 Family Duplex 2,464 0.23 6 4-
- 15 Bailey Road 8/6/2015 $0 0.1 Family Duplex 2,464 0.24 6 4-
- 4 Perry Lane 11/22/2017 $650,000 0.1 Vacant Land 0.22 -
- 11 Cedar Circle 3/7/2022 $1,405,000 0.1 Cape Cod 1,848 0.23 3 3-
- 15 Essex Road 7/19/2017 $680,000 0.1 Cape Cod 1,793 0.2 4 3-
- 12 Bartlett Road 3/12/2022 $2,750,000 0.1 Gar/Apt Res 384 0.51 1 1-
- 2 Corby Way 5/21/2019 $700,000 0.1 Colonial 1,330 0.23 3 2-
- 18 Essex Road 9/16/2021 $0 0.1 Cape Cod 1,663 0.17 6 3-
- 15 Bartlett Road 1/14/1993 $130,000 0.1 Colonial 1,848 0.53 3 2-1
- 8-A Thirty Acres Lane Unit A 6/30/2022 $825,000 0.1 Condominium 904 0 2 2-
- 8-B Thirty Acres Lane Unit B 6/1/2010 $250,000 0.1 Condominium 904 0 2 1-1
- 8-C Thirty Acres Lane Unit C 4/25/2013 $240,000 0.1 Condominium 904 0 2 2-
- 8-D Thirty Acres Lane Unit D 7/2/2012 $244,500 0.1 Condominium 919 0 2 1-
- 22 Bailey Road 6/16/2020 $815,000 0.1 Cape Cod 1,944 0.23 4 2-
- 11 Bailey Road 8/16/2013 $580,000 0.1 Colonial 1,820 0.24 4 2-
- 21 Boynton Lane 8/4/2003 $1,361,550 0.1 Vacant Land 0.21 -
- 6 Perry Lane 11/22/2017 $0 0.1 Vacant Land 0.22 -
- 17-A Essex Road 8/16/2011 $0 0.1 Condominium 1,352 0 3 2-
- 17-B Essex Road 4/2/2015 $0 0.1 Condominium 1,352 0 3 2-
- 20 Boynton Lane 12/14/2012 $0 0.1 Service Shop 2,912 0.23 0 0-
- 5 Pheasant Drive 3/14/1985 $35,000 0.1 Family Conver. 1,856 0.23 4 2-1
- 10 Bartlett Road 6/29/2015 $651,000 0.1 Family Duplex 1,881 0.14 5 4-1
- 8 Cedar Circle 10/27/2005 $955,000 0.1 Colonial 2,488 0.25 4 2-1
- 7 Pheasant Drive 1/28/1988 $0 0.1 Ranch 1,411 0.33 3 2-
- 9 Windy Way 10/14/2004 $940,000 0.1 Aptovrret/Off 2,824 0.18 3 1-1
- 18 Bailey Road 5/18/2021 $0 0.1 Family Duplex 2,404 0.23 5 3-
- 3 Pheasant Drive 3/8/1996 $180,000 0.1 Cape Cod 1,260 0.23 3 2-
- 8 Perry Lane 1/15/2014 $0 0.1 Colonial 2,908 0.22 3 3-1
- 19 Boynton Lane 8/4/2003 $1,361,550 0.1 Aptovrret/Off 6,423 0.21 0 0-
- 13 Bartlett Road 12/15/2022 $1,900,000 0.1 Cape Cod 3,532 0.48 3 3-
- 32 Tashama Lane 11/12/2009 $0 0.1 Cape Cod 1,404 0.31 3 2-
- 1 Pheasant Drive 9/21/1995 $0 0.1 Cottage 400 0.2 0 0-1
- 18 Boynton Lane 9/15/2008 $1,150,000 0.1 Service Shop 2,058 0.15 3 1-1
- 22 Essex Road 11/3/2011 $405,000 0.1 Cape Cod 2,363 0.2 2 2-
- 9 Green Meadows 10/23/2017 $0 0.1 Cape Cod 1,776 0.34 4 1-
- 10 Cedar Circle 5/26/2017 $250,000 0.1 Cape Cod 1,624 0.25 3 1-
- 9 Bailey Road 7/1/2021 $1,600,000 0.1 Family Duplex 2,659 0.23 5 6-
- 21 Essex Road 4/27/2022 $1,880,000 0.1 Cape Cod 944 0.17 2 1-
- 8 Bartlett Road Unit 8 9/13/2017 $885,000 0.1 Family Duplex 2,113 0.12 4 3-1
- 14 Larrabee Lane 2/12/2013 $0 0.1 Colonial 1,974 0.24 4 2-
- 7 Windy Way 1/21/2014 $0 0.1 Service Shop 1,966 0.22 2 3-
- 10 Perry Lane 5/31/2018 $0 0.1 Cape Cod 2,059 0.22 3 2-
- 24 Essex Road 7/30/2015 $0 0.1 Colonial 1,436 0.21 3 2-1
- 17 Boynton Lane 8/4/2003 $1,361,550 0.1 Vacant Land 0.21 -
- 9 Pheasant Drive 11/18/2003 $570,375 0.1 Family Duplex 2,184 0.21 5 4-
- 8 Windy Way 8/22/2008 $1,300,000 0.1 Service Shop 7,256 0.29 6 4-1
- 5 Perry Lane 6/11/2014 $950,500 0.1 Warehouse 3,920 0.23 4 3-1
- 14 Cedar Circle 8/8/1994 $116,500 0.1 Ranch 973 0.32 2 1-1
Averages 4347 days $549,183 0.08 --- 1,963 0.21 --- ---  
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
67 595 2 Essex Road