51 Essex Road, Nantucket, MA 02554

51 Essex Road Nantucket MA 02554
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Owner Information
Owner 1
Essex 51 Ack LLC
Owner 2
Owner's Address
1636 3Rd Avenue STE 314 New York, NY 10128
Market Sale Information
Most recent sale date
5/7/2021
Previous sale date
09/23/2020
Transfer document #
1822-66
Previous transfer document
1766-322
Grantor
51 Essex Rd LLC
Previous grantor
51 Essex Investors LLC
Most recent sale price
$1,125,000.00
Previous sale price
$750,000.00
Site Information
Property ID
67-644
Lot Size
0.12
Use Code
104 - Residential, two family
Zoning
R5
Building Style
Family Duplex
Number of Rooms
Stories
2
Number of Beds
6
Year Built
2000
Number of full baths
4
Condition
Number of half baths
2
Finished Area
2206
Number of Kitchen
2
Gross Living Area
3084
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet, Hardwood
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
$324,000.00
Total value
$1,175,300.00
Building value
$851,300.00
Estimated tax
$3,678.00
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 51 Essex Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $509.97 Style Family Duplex Age 2000 Rooms Bedrooms 6 Full baths 4 Half baths 2 Gross Living Area 3084 Heating Fuel Hot Water Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $851,300.00 AEM Value - Land $324,000.00 AEM Value - Other $0.00 AEM Value - Total $1,175,300.00
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 0.6 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
@ 51 Essex Road 5/7/2021 $1,125,000 0 Family Duplex 2,206 0.12 6 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 0.6 Cape Cod 1,824 0.73 4 2-1
Averages 69 days $1,822,500 0.40 --- 1,960 0.41 --- ---  

Estimation of Market Value - $1,856,653

As of today, 07/02/2024, the estimated market value of 51 Essex Road, Nantucket considering the above 2 comparable properties is $1,856,653.

 

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
@ 51 Essex Road 5/7/2021 $1,125,000 0 Family Duplex 2,206 0.12 6 4-2 -
  Criteria
A 49 Essex Road 2/6/2018 $970,000 0.0 Family Duplex 2,387 0.12 6 4-2
B 55 Essex Road 5/29/2002 $215,000 0.0 Four Family 3,111 0.12 11 4-2
C 47 Essex Road 4/15/2004 $695,000 0.0 Family Duplex 2,206 0.12 6 5-
D 1 Boucher Way 8/23/2012 $365,000 0.0 Ranch 2,010 0.27 2 2-
E 29 Miacomet Avenue 7/14/2015 $0 0.0 Bungalow 480 0.18 1 1-
F 45 Essex Road 9/3/2015 $900,000 0.0 Colonial 1,924 0.12 4 2-1
G 54 Essex Road 2/10/2022 $0 0.0 Family Duplex 2,387 0.12 6 5-
H 58 Essex Road 3/31/2010 $475,000 0.0 Family Duplex 2,427 0.12 4 3-1
I 52 Essex Road 7/1/2002 $0 0.0 Family Duplex 2,206 0.12 6 4-2
J 24 Miacomet Avenue 9/1/1988 $0 0.0 Ranch 1,792 0.18 3 1-1
K 50 Essex Road 8/24/2022 $0 0.0 Family Duplex 2,384 0.12 6 5-
L 2 Boucher Way 11/20/2020 $1,495,000 0.0 Family Duplex 2,688 0.17 6 4-2
M 22 Miacomet Avenue 3/1/1999 $0 0.0 Cape Cod 1,158 0.23 4 1-
N 35 Miacomet Avenue 3/4/2015 $576,976 0.0 Colonial 1,680 0.19 3 2-1
O 26 Miacomet Avenue 5/3/2019 $1,190,000 0.0 Colonial 1,800 0.12 4 3-
P 48 Essex Road 1/13/2015 $0 0.0 Family Duplex 2,352 0.12 5 4-
Q 20 Miacomet Avenue 2/22/2002 $200,000 0.0 Colonial 2,419 0.11 4 2-1
R 1 Valley View Drive 11/29/2021 $0 0.1 Colonial 2,296 0.17 4 3-
S 3 Point Judith Lane $0 0.1 Vacant Land 0.12 -
T 19 Miacomet Avenue $0 0.1 Cape Cod 1,462 0.24 3 1-
U 5 Point Judith Lane $0 0.1 Vacant Land 0.12 -
V 2 Valley View Drive 8/4/2015 $790,000 0.1 Cape Cod 1,576 0.22 4 2-
W 30 Miacomet Avenue 3/29/2013 $0 0.1 Colonial 1,646 0.12 2 2-
X 7 Point Judith Lane 5/6/2022 $1,625,000 0.1 Ranch 2,870 0.12 3 4-
Y 46 Essex Road 7/17/1998 $115,000 0.1 Cape Cod 1,404 0.43 3 2-
Z 1 Otokomi Road 5/30/1997 $195,000 0.1 Ranch 712 0.12 2 1-
- 3 Otokomi Road 6/21/2018 $0 0.1 Service Shop 1,058 0.23 1 1-
- 43 Essex Road 12/7/2000 $0 0.1 Vacant Land 3.77 -
- 18-A Miacomet Avenue 10/11/2017 $450,000 0.1 Condominium 1,384 0 2 1-
- 18-B Miacomet Avenue 8/28/2018 $0 0.1 Condominium 1,438 0 4 3-
- 18-C Miacomet Avenue 6/2/2014 $320,000 0.1 Condominium 1,388 0 3 1-
- 3 Valley View Drive 3/25/1999 $0 0.1 Service Shop 2,703 0.42 1 3-
- 39 Miacomet Avenue 6/26/1995 $0 0.1 Colonial 1,008 0.72 3 1-
- 17 Miacomet Avenue-Lot 212 9/15/2015 $460,000 0.1 Cape Cod 2,194 0.12 3 3-
- 5 Otokomi Road 10/6/1997 $217,000 0.1 Colonial 812 0.22 2 1-
- 44 Essex Road 5/2/2014 $0 0.1 Colonial 2,400 0.21 3 2-
- 14 Celtic Drive 12/29/2021 $2,400,000 0.1 Ranch 2,744 0.41 7 4-2
- 4 Valley View Drive 9/9/1994 $57,500 0.1 Cape Cod 1,680 0.37 4 2-
- 18 Green Meadows 9/18/2012 $0 0.1 Colonial 3,042 0.15 3 3-
- 5 Celtic Drive 8/3/2015 $0 0.1 Family Duplex 3,175 0.22 6 3-
- 42 Essex Road 5/28/2015 $695,000 0.1 Ranch 1,355 0.2 2 2-
- 7 Otokomi Road 6/9/2021 $0 0.1 Colonial 1,544 0.31 3 2-
- 22 Green Meadows 2/3/2012 $0 0.1 Cape Cod 1,152 0.21 3 1-1
- 15 Miacomet Avenue 6/3/2021 $0 0.1 Colonial 2,848 0.28 4 4-1
- 16 Green Meadows $55,000 0.1 Cape Cod 1,680 0.3 3 2-1
- 40 Essex Road 8/14/2014 $0 0.1 Cape Cod 1,452 0.22 4 2-
- 14 Miacomet Avenue 5/1/1995 $236,000 0.1 Family Conver. 3,640 0.46 5 4-
- 69-R Surfside Road 12/20/2011 $250,000 0.1 Vacant Land 1.15 -
- 41 Essex Road 10/15/2012 $0 0.1 Cape Cod 3,387 0.37 6 3-
- 38 Miacomet Avenue 12/15/2017 $0 0.1 Colonial 1,536 0.49 3 2-
- 3 Celtic Drive 2/2/2004 $765,000 0.1 Four Family 3,214 0.19 8 5-
- 12 Celtic Drive 5/20/2005 $949,000 0.1 Four Family 3,618 0.32 8 6-
- 41 Miacomet Avenue 8/4/2000 $0 0.1 Cape Cod 1,566 1.11 3 2-
- 9 Otokomi Road 7/25/1996 $79,500 0.1 Colonial 1,938 0.49 3 1-1
- 40 Miacomet Avenue 10/29/1986 $200,000 0.1 Colonial 1,542 0.47 4 2-
- 38 Essex Road 9/3/1998 $99,500 0.1 Vacant Land 0.23 -
- 13 Miacomet Avenue 12/22/2017 $0 0.1 Colonial 2,842 0.28 3 2-1
- 45 Miacomet Avenue 5/30/2019 $0 0.1 Cape Cod 1,166 0.34 3 2-
- 14 Green Meadows 10/28/1994 $199,500 0.1 Cape Cod 1,380 0.3 2 1-
- 37 Essex Road 6/3/2005 $715,000 0.1 Ranch 1,188 0.18 4 2-
- 36 Essex Road 3/15/2021 $825,000 0.1 Family Duplex 2,028 0.2 4 3-
- 17 Green Meadows $0 0.1 Colonial 1,857 0.22 3 2-
- 13 Nobska Way 3/27/2012 $0 0.1 Vacant Land 0.26 -
- 1 Celtic Drive 2/18/1999 $140,000 0.1 Family Duplex 3,175 0.19 6 5-
- 1 Jeans Way 6/18/2013 $692,500 0.1 Cape Cod 2,212 0.23 3 2-1
- 10 Celtic Drive 3/13/1998 $80,000 0.1 Cape Cod 2,129 0.15 5 2-
- 11 Nobska Way 4/25/2013 $380,000 0.1 Ranch 576 0.12 2 1-
- 11 Miacomet Avenue 8/29/2000 $160,000 0.1 Colonial 3,988 0.28 4 4-1
- 34 Essex Road 12/12/2022 $1,560,000 0.1 Colonial 1,924 0.2 4 2-1
- 69 Surfside Road 1/30/2019 $1,260,000 0.1 Cape Cod 1,568 0.23 3 2-
- 42 Miacomet Avenue 8/25/2016 $1,000,000 0.1 Colonial 2,196 0.45 3 4-
- 15 Miacomet Road 11/2/2017 $0 0.1 Vacant Land 0.84 -
- 12 Nobska Way 1/23/2023 $2,000,000 0.1 Colonial 1,584 0.39 2 2-1
- 15 Green Meadows 2/26/2010 $425,000 0.1 Ranch 1,168 0.29 2 1-
Averages 5170 days $357,804 0.08 --- 1,809 0.31 --- ---  
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
67 644 51 Essex Road