7 Essex Road, Nantucket, MA 02554

7 Essex Road Nantucket MA 02554
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Owner Information
Owner 1
7 Essex LLC
Owner 2
Owner's Address
8 Williams Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/7/2018
Previous sale date
08/30/2006
Transfer document #
01661-0308
Previous transfer document
01038-0188
Grantor
Matt Maceachern
Previous grantor
Matt Maceachern
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
67-603
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
CN
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
2
Year Built
2000
Number of full baths
2
Condition
Number of half baths
Finished Area
1742
Number of Kitchen
1
Gross Living Area
2654
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$359,500.00
Total value
$1,167,900.00
Building value
$808,400.00
Estimated tax
$3,655.00
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 7 Essex Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2000 Rooms Bedrooms 2 Full baths 2 Half baths Gross Living Area 2654 Heating Fuel Hot Water Detached Garage Lot Size 0.14 Roof Cover Wood Shingle AEM Value - Building $808,400.00 AEM Value - Land $359,500.00 AEM Value - Other $0.00 AEM Value - Total $1,167,900.00
A) 8 Essex Road 0.0 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 0.2 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) 31 Surfside Road 0.3 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
D) 7 Yompasham Lane 0.4 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
E) 16 Polliwog Pond Road 0.5 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
F) 85 Somerset Road 0.8 3/12/2024 $2,950,000 2,069 1 $1425.81 Cape Cod 1998 2 2 1 4128 Hot Water 0.47 Asph/F Gls/Cmp $698,000 $741,600 $0 $1,439,600
G) 121 Orange Street 0.8 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
H) 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
I) 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
J) 38 Pine Street 0.9 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
K) 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
L) 108 Main Street 1.0 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Essex Road 9/7/2018 $0 0 Colonial 1,742 0.14 2 2- -
  Criteria
A 8 Essex Road 5/15/2024 $1,900,000 0.0 Colonial 1,872 0.31 3 3-
B 8 Luff Road 5/9/2024 $1,900,000 0.2 Ranch 1,894 0.36 3 2-
C 31 Surfside Road 5/23/2024 $2,125,000 0.3 Cape Cod 1,404 0.15 3 2-
D 7 Yompasham Lane 2/14/2024 $2,262,500 0.4 Conventional 1,878 0.25 3 3-
E 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.5 Cape Cod 1,830 0.24 5 2-
F 85 Somerset Road 3/12/2024 $2,950,000 0.8 Cape Cod 2,069 0.47 2 2-1
G 121 Orange Street 3/1/2024 $800,000 0.8 Antique 1,574 0.3 3 1-
H 3 Back Street 1/2/2024 $2,900,000 0.8 Ranch 1,344 0.12 3 2-
I 1 Back Street 1/2/2024 $2,900,000 0.8 Colonial 1,520 0.12 2 2-
J 38 Pine Street 1/31/2024 $2,225,000 0.9 Antique 1,707 0.07 3 1-1
K 4 York Street 3/28/2024 $2,175,000 0.9 Antique 1,489 0.07 3 2-
L 108 Main Street 3/19/2024 $4,500,000 1.0 Antique 2,005 0.17 6 4-1
Averages 116 days $2,407,292 0.62 --- 1,716 0.22 --- ---  

Estimation of Market Value - $2,024,238

As of today, 06/30/2024, the estimated market value of 7 Essex Road, Nantucket considering the above 12 comparable properties is $2,024,238.

 

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
@ 7 Essex Road 9/7/2018 $0 0 Colonial 1,742 0.14 2 2- -
  Criteria
A 5 Essex Road 6/30/2004 $290,000 0.0 Family Duplex 2,392 0.14 6 5-1
B 3 Essex Road 3/24/2000 $417,100 0.0 Colonial 3,154 0.14 7 3-
C 11 Essex Road 12/15/2016 $0 0.0 Colonial 2,208 0.18 3 2-1
D 24 Bartlett Road 8/17/2016 $0 0.0 Colonial 3,528 0.75 4 3-
E 13 Essex Road 4/27/2017 $0 0.0 Ranch 3,046 0.19 4 2-
F 1 Essex Road 2/17/2015 $0 0.0 Four Family 5,214 0.27 8 9-
G 4 Perry Lane 11/22/2017 $650,000 0.0 Vacant Land 0.22 -
H 15 Essex Road 7/19/2017 $680,000 0.0 Cape Cod 1,793 0.2 4 3-
I 4 Essex Road 5/6/2021 $1,225,000 0.0 Family Duplex 3,099 0.12 8 6-
J 8 Essex Road 5/15/2024 $1,900,000 0.0 Colonial 1,872 0.31 3 3-
K 10 Essex Road 5/14/2004 $285,000 0.0 Colonial 1,508 0.21 4 3-
L 6 Perry Lane 11/22/2017 $0 0.0 Vacant Land 0.22 -
M 12 Essex Road 6/2/2016 $0 0.0 Colonial 2,419 0.19 3 3-
N 2 Essex Road-Lot 596 12/15/2015 $250,000 0.0 Family Duplex 2,808 0.12 6 2-4
O 17-A Essex Road 8/16/2011 $0 0.0 Condominium 1,352 0 3 2-
P 17-B Essex Road 4/2/2015 $0 0.0 Condominium 1,352 0 3 2-
Q 14 Essex Road 6/26/2018 $0 0.1 Cape Cod 1,666 0.17 3 2-
R 2 Essex Road 12/15/2015 $250,000 0.1 Family Duplex 1,904 0.11 4 2-
S 23-A Bartlett Road Unit A 2/8/2008 $575,000 0.1 Condominium 1,768 0 5 3-
T 23-B Bartlett Road Unit B 7/27/2007 $880,000 0.1 Affordable Hsg 644 0 1 1-
U 16 Essex Road 8/27/1998 $117,500 0.1 Family Duplex 3,316 0.17 4 3-
V 8 Perry Lane 1/15/2014 $0 0.1 Colonial 2,908 0.22 3 3-1
W 25 Bartlett Road 3/8/1995 $180,000 0.1 Colonial 2,008 0.33 3 2-1
X 18 Essex Road 9/16/2021 $0 0.1 Cape Cod 1,663 0.17 6 3-
Y 20 Bartlett Road 10/16/2020 $620,000 0.1 Ranch 612 0.12 2 1-
Z 10 Perry Lane 5/31/2018 $0 0.1 Cape Cod 2,059 0.22 3 2-
- 21 Essex Road 4/27/2022 $1,880,000 0.1 Cape Cod 944 0.17 2 1-
- 2 Cedar Circle 6/22/2017 $930,000 0.1 Colonial 2,240 0.23 3 2-1
- 25-R Bartlett Road 3/8/1999 $0 0.1 Colonial 1,792 0.2 4 1-1
- 7 Thirty Acres Lane 11/6/2020 $0 0.1 Warehouse 3,205 0.19 3 3-
- 18 Bartlett Road 8/10/2021 $0 0.1 Ranch 1,812 0.18 2 3-
- 5 Perry Lane 6/11/2014 $950,500 0.1 Warehouse 3,920 0.23 4 3-1
- 9 Thirty Acres Lane 5/6/2022 $3,000,000 0.1 Dormitory 3,444 0.42 14 10-
- 1 Cedar Circle 7/28/2021 $0 0.1 Colonial 1,680 0.23 4 2-
- 5 Thirty Acres Lane 1/29/2002 $0 0.1 Family Duplex 2,080 0.21 4 2-2
- 22 Essex Road 11/3/2011 $405,000 0.1 Cape Cod 2,363 0.2 2 2-
- 23 Essex Road 5/10/2002 $0 0.1 Vacant Land 0.17 -
- 21 Bartlett Road 10/23/2020 $882,875 0.1 Cape Cod 1,344 0.23 3 3-1
- 12 Perry Lane 6/15/2021 $1,400,000 0.1 Service Shop 2,176 0.18 3 3-
- 2 Corby Way 5/21/2019 $700,000 0.1 Colonial 1,330 0.23 3 2-
- 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
- 7 Perry Lane 1/23/1998 $275,000 0.1 Warehouse 3,944 0.23 0 0-
- 1 Pheasant Drive 9/21/1995 $0 0.1 Cottage 400 0.2 0 0-1
- 24 Essex Road 7/30/2015 $0 0.1 Colonial 1,436 0.21 3 2-1
- 3 Thirty Acres Lane 11/28/2012 $110,000 0.1 Vacant Land 0.3 -
- 28 Bartlett Road-Lot 478 4/8/2014 $0 0.1 Vacant Land 0.12 -
- 9 Perry Lane 12/21/2005 $900,000 0.1 Family Duplex 2,826 0.22 5 3-
- 16 Bartlett Road Unit 1 4/29/1993 $0 0.1 Cape Cod 2,385 0.35 3 3-
- 18 Cynthia Lane 6/4/2004 $870,000 0.1 Family Duplex 3,584 0.15 5 6-
- 16-A Cynthia Lane Unit 1 5/9/2016 $565,000 0.1 Condominium 1,232 0 3 2-1
- 16-B Cynthia Lane Unit 2 5/9/2016 $500,000 0.1 Condominium 1,232 0 3 2-1
- 9 Green Meadows 10/23/2017 $0 0.1 Cape Cod 1,776 0.34 4 1-
- 28 Bartlett Road 1/5/2022 $0 0.1 Cape Cod 2,002 0.39 3 3-
- 26 Essex Road 1/31/2013 $526,000 0.1 Colonial 2,178 0.21 3 2-
- 3 Pheasant Drive 3/8/1996 $180,000 0.1 Cape Cod 1,260 0.23 3 2-
- 4 Cedar Circle 5/16/2018 $1,375,000 0.1 Family Duplex 2,464 0.23 6 4-
- 5 Pheasant Drive 3/14/1985 $35,000 0.1 Family Conver. 1,856 0.23 4 2-1
- 19 Bartlett Road 10/31/2017 $980,000 0.1 Cape Cod 1,496 0.42 2 2-
- 11 Perry Lane 10/22/2021 $0 0.1 Cape Cod 1,404 0.22 3 2-
- 19 Cynthia Lane 5/2/2024 $1,495,000 0.1 Colonial 2,096 0.08 5 3-
- 1 Thirty Acres Lane 11/23/2007 $0 0.1 Colonial 3,331 0.12 3 2-1
- 3 Cedar Circle 1/3/1996 $65,000 0.1 Cape Cod 1,428 0.19 4 2-
- 17 Bailey Road 2/11/2020 $800,000 0.1 Cape Cod 1,260 0.24 3 2-
- 17-B Bartlett Road 10/8/2021 $0 0.1 Cape Cod 1,313 0.23 3 2-
- 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-
- 28 Essex Road 7/17/2017 $698,000 0.1 Colonial 1,944 0.2 3 3-
- 11 Green Meadows 9/6/2022 $0 0.1 Ranch 1,056 0.17 3 2-
- 16 Bartlett Road 9/8/2011 $0 0.1 Ranch 1,384 0.24 3 1-
- 30 Bartlett Road 12/19/2014 $0 0.1 Warehouse 4,800 0.52 0 0-
- 15 Bailey Road 8/6/2015 $0 0.1 Family Duplex 2,464 0.24 6 4-
- 2 Thirty Acres Lane 2/2/2021 $1,600,000 0.1 Aptovrgar/Whse 2,639 0.25 3 2-1
- 7 Pheasant Drive 1/28/1988 $0 0.1 Ranch 1,411 0.33 3 2-
- 31 Bartlett Road 9/4/1990 $185,000 0.1 Cape Cod 1,584 0.64 2 2-
- 30 Essex Road 6/30/2016 $200,000 0.1 Four Family 3,270 0.2 5 6-
- 12 Cynthia Lane 6/2/2003 $660,000 0.1 Colonial 2,368 0.12 4 3-
- 17 Cynthia Lane 5/7/2018 $100 0.1 Family Duplex 3,396 0.15 8 6-
- 11 Bailey Road 8/16/2013 $580,000 0.1 Colonial 1,820 0.24 4 2-
- 31 Essex Road 9/7/2005 $805,000 0.1 Conventional 2,403 0.18 3 2-1
- 13 Green Meadows 9/22/2021 $0 0.1 Cape Cod 1,848 0.31 3 2-
- 10 Cynthia Lane 7/23/2020 $0 0.1 Colonial 2,333 0.12 3 3-
- 6 Sea Fox Circle 1/24/2008 $0 0.1 Cape Cod 1,428 0.23 3 2-
- 32 Essex Road 10/14/2008 $725,000 0.1 Cape Cod 2,264 0.2 5 3-
- 15 Cynthia Lane 5/28/1999 $110,000 0.1 Cape Cod 836 0.13 1 1-
- 5 Cedar Circle 8/27/2001 $0 0.1 Ranch 1,254 0.41 3 2-
- 32 Bartlett Road 6/8/2023 $2,100,000 0.1 Warehouse 3,135 0.14 4 3-
- 17-A Bartlett Road 7/11/2022 $1,200,000 0.1 Ranch 800 0.24 2 1-
- 9 Pheasant Drive 11/18/2003 $570,375 0.1 Family Duplex 2,184 0.21 5 4-
- 12-R Bartlett Road 3/21/2022 $2,750,000 0.1 Vacant Land 0.19 -
Averages 4336 days $447,191 0.08 --- 1,917 0.2 --- ---  
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
67 603 7 Essex Road