3 Gully Road, Nantucket, MA 02554

3 Gully Road Nantucket MA 02554
Click to view the Official Assessors Field Card Copy to Clipboard Download All Print Report
Owner Information
Owner 1
Lynn G Silverman
Owner 2
Owner's Address
911 Park Ave Apt 5b New York, NY 10021
Market Sale Information
Most recent sale date
9/17/1990
Previous sale date
09/01/1987
Transfer document #
C0014-0573
Previous transfer document
0
Grantor
Previous grantor
Most recent sale price
$587,500.00
Previous sale price
$638,000.00
Site Information
Property ID
7324-44-3
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
SOH
Building Style
Conventional
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
Finished Area
2144
Number of Kitchen
1
Gross Living Area
3408
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,519,700.00
Total value
$2,781,500.00
Building value
$1,261,800.00
Estimated tax
$9,123.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
34 Baxter Road3 Gully Road21 Ocean Avenue$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 3 Gully Road A) 21 Ocean AvenueB) 34 Baxter Road
Photo
Plan
Map
Proximity 0.10.6
Last Sold 4/28/20254/18/2025
Price $5,000,000$3,900,000
Net Living Area 2,0871,852
Stories 21
Sale Price/sft $274.02$2395.78$2105.83
Style ConventionalColonialRanch
Age 198519001950
Rooms
Bedrooms 353
Full baths 222
Half baths 11
Gross Living Area 340830772130
Heating Fuel Electr BasebrdElectr BasebrdElectr Basebrd
Detached Garage
Lot Size 0.160.130.27
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,261,800.00$736,600$1,260,000
AEM Value - Land $1,519,700.00$4,360,500$1,465,940
AEM Value - Other $0.00$0$0
AEM Value - Total $2,781,500.00$5,097,100$2,725,940
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Gully Road 9/17/1990 $587,500 0 Conventional 2,144 0.16 3 2- -
  Criteria
A 21 Ocean Avenue 4/28/2025 $5,000,000 0.1 Colonial 2,087 0.13 5 2-1
B 34 Baxter Road 4/18/2025 $3,900,000 0.6 Ranch 1,852 0.27 3 2-1
Averages 36 days $4,450,000 0.37 --- 1,970 0.2 --- ---  

Estimation of Market Value - $4,004,345

As of today, 05/29/2025, the estimated market value of 3 Gully Road, Nantucket considering the above 2 comparable properties is $4,004,345.

 

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
Copy to Clipboard
Subject Property9 Front Street21 Codfish Park Road1 Fawcett Way11 Beach Street8 Bank Street24 Codfish Park Road9 Park Lane13 Bank Street2 New Sias Street4 Broadway7 Beach Street14 Broadway7 Fawcett Way15 Broadway7 Broadway6 Center Sias Street7 Bank Street13 Broadway9 Beach Street11 Bank Street11 Broadway7 Front Street0 New Sias Street9 Broadway15 Beach Street3 Gully Road4 Shell Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Gully Road 9/17/1990 $587,500 0 Conventional 2,144 0.16 3 2- -
  Criteria
A 5 Gully Road 8/24/2012 $1,600,000 0.0 Cape Cod 1,998 0.16 3 3-
B 4 Codfish Park Road 10/18/1995 $0 0.0 Vacant Land 0.38 -
C 3 Elbow Lane 8/2/2007 $3,600,000 0.0 Conventional 2,190 0.21 3 2-1
D 9 Gully Road 1/24/2020 $1,950,000 0.0 Vacant Land 0.07 -
E 7 Elbow Lane 11/14/2007 $0 0.0 Conventional 3,625 0.46 5 4-
F 5 Elbow Lane 9/29/2020 $1,666,625 0.0 Antique 1,104 0.12 4 1-
G 0 Gully Road 6/29/1984 $110,000 0.0 Vacant Land 0.77 -
H 2 Gully Road 12/22/2022 $4,750,000 0.0 Vacant Land 3.18 -
I 8 Codfish Park Road 12/31/2012 $0 0.0 Vacant Land 0.39 -
J 2 Elbow Lane 7/1/1982 $0 0.1 Antique 933 0.05 3 1-1
K 1 Elbow Lane 1/24/2020 $1,950,000 0.1 Colonial 2,016 0.16 4 2-
L 10 Codfish Park Road $250,000 0.1 Outbuildings 0.2 -
M 4 Elbow Lane 8/9/2002 $995,000 0.1 Colonial 1,861 0.12 3 2-1
N 8 Ocean Avenue Unit 3 $0 0.1 Vacant Land 0.06 -
O 1 Broadway 4/13/2000 $0 0.1 Conventional 1,724 0.04 5 2-
P 2 Main Sias Street $0 0.1 Outbuildings 0.14 -
Q 12 Codfish Park Road 4/7/2021 $1,850,000 0.1 Cape Cod 1,457 0.11 2 2-
R 1 Bank Street 6/26/2009 $0 0.1 Colonial 812 0.07 3 1-
S 6 Elbow Lane 1/30/2023 $2,800,000 0.1 Antique 1,463 0.14 2 1-
T 3 Broadway 11/15/1990 $250,000 0.1 Conventional 1,844 0.05 3 2-1
U 1 Ocean Avenue 11/18/2011 $0 0.1 Antique 8,523 0.85 5 5-1
V 8 Ocean Avenue $0 0.1 Vacant Land 0.05 -
W 10 Ocean Avenue-Lot 15 11/29/2019 $1,800,000 0.1 Vacant Land 0.72 -
X 5 Bank Street 7/31/2020 $0 0.1 Bungalow 466 0.05 1 1-
Y 5 Ocean Avenue 11/18/2011 $0 0.1 Vacant Land 0.13 -
Z 7 Ocean Avenue 10/3/2016 $0 0.1 Bungalow 336 0.03 1 1-
- 16 Codfish Park Road 7/12/2011 $0 0.1 Conventional 1,224 0.11 2 2-
- 5 Front Street 12/28/1992 $0 0.1 Vacant Land 0.04 -
- 4 Main Sias Street 1/26/2024 $5,200,000 0.1 Aptovrret/Off 3,408 0.08 4 2-
- 10 Beach Street 10/17/2019 $600,000 0.1 Cape Cod 934 0.05 1 2-1
- 10 Ocean Avenue 11/29/2019 $1,800,000 0.1 Vacant Land 0.12 -
- 9 Ocean Avenue 7/27/1990 $0 0.1 Cottage 324 0.03 1 1-
- 7 Bank Street 6/19/2020 $1,050,000 0.1 Conventional 1,243 0.05 2 2-1
- 2 Broadway 11/8/2018 $0 0.1 Antique 1,911 0.08 4 1-
- 5 Broadway 12/28/1992 $0 0.1 Bungalow 462 0.07 1 1-
- 7-R Ocean Avenue 11/15/1999 $330,000 0.1 Bungalow 267 0.04 1 1-
- 6 Main Sias Street 4/21/2019 $0 0.1 Aptovrret/Off 1,955 0.05 2 2-
- 16 Ocean Avenue 2/21/1986 $1,275,000 0.1 Store 1,377 0.73 -
- 8 Main Sias Street 2/2/2017 $0 0.1 Aptovrret/Off 2,158 0.04 2 2-
- 3 Cottage Avenue 1/12/2021 $670,000 0.1 Cottage 407 0.03 1 1-
- 11 Ocean Avenue $0 0.1 Bungalow 612 0.03 1 2-
- 7 Front Street 1/2/1991 $100 0.1 Cape Cod 1,002 0.06 3 1-1
- 4 Broadway $0 0.1 Antique 738 0.06 2 1-
- 7 Broadway 10/14/1999 $640,000 0.1 Antique 615 0.04 3 1-
- 6 Grand Avenue 11/18/2011 $0 0.1 Colonial 1,482 0.17 2 2-
- 2 Center Sias Street 10/19/2021 $1,800,000 0.1 Antique 1,243 0.09 3 1-1
- 18 Ocean Avenue 9/11/1987 $0 0.1 Vacant Land 0.71 -
- 2 Cottage Avenue $0 0.1 Bungalow 432 0.05 1 1-
- 11 Beach Street 10/22/2020 $670,000 0.1 Cottage 456 0.02 2 1-
- 8 Grand Avenue 10/29/2021 $2,050,000 0.1 Antique 1,339 0.13 3 1-2
- 5 Grand Avenue 9/26/2008 $200,000 0.1 Custom Built 3,079 0.12 4 3-1
- 15 Beach Street 6/13/2008 $0 0.1 Bungalow 1,320 0.1 2 2-
- 5 Cottage Avenue 1/9/2004 $600,000 0.1 Bungalow 463 0.03 1 1-
- 3 Grand Avenue 3/30/2021 $3,300,000 0.1 Colonial 3,810 0.14 5 6-1
- 7 Beach Street 3/1/2000 $240,000 0.1 Bungalow 666 0.06 2 2-
- 6 Broadway 10/7/2002 $650,000 0.1 Antique 696 0.04 2 1-
- 7 Grand Avenue 12/23/2019 $650,000 0.1 Conventional 1,232 0.22 3 2-
- 9 Broadway 3/18/2021 $2,350,000 0.1 Conventional 1,775 0.04 3 3-
- 5 Main Sias Street 10/1/2013 $2,740,000 0.1 Custom Built 3,882 0.2 4 4-1
- 8 Bank Street 10/5/2020 $683,000 0.1 Bungalow 387 0.03 1 1-
- 9 Front Street 3/18/2021 $2,350,000 0.1 Vacant Land 0.01 -
- 9 Beach Street 8/20/2014 $0 0.1 Cape Cod 1,410 0.12 3 3-
- 1 Grand Avenue 12/12/1989 $495,000 0.1 Conventional 1,264 0.12 3 2-
- 17 Ocean Avenue $0 0.1 Bungalow 452 0.12 2 1-
- 8 Broadway 9/7/2017 $1,550,000 0.1 Antique 1,255 0.04 4 2-
- 6 Center Sias Street 8/18/2023 $2,650,000 0.1 Antique 1,246 0.03 3 2-
- 10 Grand Avenue 4/12/1999 $335,000 0.1 Bungalow 408 0.03 1 1-
- 21 Codfish Park Road 1/20/1999 $0 0.1 Vacant Land 0.02 -
- 11 Broadway 12/11/2012 $0 0.1 Antique 1,902 0.03 5 2-
- 4 Cottage Avenue 4/26/2006 $2,775,000 0.1 Bungalow 1,865 0.12 3 3-
- 4 Shell Street 9/24/2008 $2,200,000 0.1 Colonial 1,945 0.1 3 2-
- 19 Ocean Avenue $0 0.1 Family Conver. 1,302 0.12 4 2-
- 11 Grand Avenue 10/20/1986 $0 0.1 Vacant Land 0.11 -
- 11 Bank Street 5/12/2004 $0 0.1 Conventional 1,139 0.17 3 2-
- 10 Broadway 9/27/2017 $0 0.1 Antique 1,003 0.08 3 2-
- 9 Park Lane 10/11/1990 $0 0.1 Cottage 384 0.04 1 1-
- 11 Front Street 1/26/2012 $2,180,000 0.1 Colonial 1,366 0.12 3 2-
- 9 Cottage Avenue 10/20/1986 $0 0.1 Vacant Land 0.11 -
- 13 Broadway 10/25/2013 $0 0.1 Antique 1,625 0.05 3 1-1
- 13 Bank Street 11/28/2016 $781,000 0.1 Cottage 692 0.05 1 1-
- 8 Cottage Avenue 10/12/2017 $2,100,000 0.1 Antique 1,844 0.09 4 2-1
- 0 New Sias Street 11/14/2016 $1,124,100 0.1 Conventional 1,782 0.04 2 3-
- 20 Ocean Avenue 6/21/2001 $2,250,000 0.1 Modern/Contemp 1,856 1.69 3 3-
- 11 Cottage Avenue 8/8/2016 $0 0.1 Cape Cod 2,691 0.42 5 5-1
- 16 Main Sias Street 9/14/2022 $0 0.1 Ranch 2,522 0.74 4 3-
- 2 New Sias Street 8/31/2021 $0 0.1 Bungalow 930 0.08 3 1-
- 5 Codfish Park Road 8/2/1993 $0 0.1 Vacant Land 3.7 -
- 1 Fawcett Way 1/3/1994 $0 0.1 Vacant Land 0.2 -
- 1 Magnolia Avenue $0 0.1 Restaurant 6,262 0.15 0 3-
- 7 Fawcett Way 8/19/1998 $159,000 0.1 Conventional 1,307 0.06 2 2-1
- 24 Codfish Park Road 2/1/2013 $715,000 0.1 Cottage 724 0.04 2 1-
- 15 Broadway 10/15/2015 $1,095,000 0.1 Antique 1,526 0.03 3 3-
- 8 Center Sias Street 1/10/2019 $1,330,000 0.1 Antique 1,541 0.03 4 2-
- 14 Broadway 5/23/2011 $885,000 0.1 Antique 1,153 0.05 3 2-
- 21 Ocean Avenue 4/28/2025 $5,000,000 0.1 Colonial 2,087 0.13 5 2-1
Averages 5768 days $853,093 0.09 --- 1,229 0.23 --- ---  
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
7324 44 3 3 Gully Road