7 Masaquet Avenue, Nantucket, MA 02554

7 Masaquet Avenue Nantucket MA 02554
Owner Information
Owner 1
Marc Bloostein
Owner 2
Owner's Address
Attn Mark Bloostein, 800 Boylston Street Boston, MA 02199
Market Sale Information
Most recent sale date
1/19/2022
Previous sale date
09/03/2021
Transfer document #
1875-268
Previous transfer document
1847-120
Grantor
7 Masaquet LLC
Previous grantor
Lang Robert B Trst & Lang Family Nominee Trust
Most recent sale price
$2,500,000.00
Previous sale price
$2,300,000.00
Site Information
Property ID
80-144
Lot Size
1.02
Use Code
130 - Land, developable
Zoning
LUG1
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$1,109,900.00
Total value
$5,283,000.00
Building value
$4,173,100.00
Estimated tax
$16,535.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7 Masaquet Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 1.02 Roof Cover AEM Value - Building $4,173,100.00 AEM Value - Land $1,109,900.00 AEM Value - Other $0.00 AEM Value - Total $5,283,000.00
A) 5 Nonantum Avenue 0.3 9/18/2024 $1,250,000 - Vacant Land 0.51 $0 $2,020,600 $0 $2,020,600
B) 163 Surfside Road 0.4 9/6/2024 $2,800,000 - Vacant Land 0.76 $0 $1,644,500 $0 $1,644,500
C) 71 Fairgrounds Road 0.8 7/17/2024 $3,995,000 - Vacant Land 0.26 $0 $697,200 $0 $697,200
D) 15 Parker Lane 0.9 7/17/2024 $3,500,000 - Vacant Land 0.23 $0 $695,500 $0 $695,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Masaquet Avenue 1/19/2022 $2,500,000 0 Vacant Land 1.02 - -
  Criteria
A 5 Nonantum Avenue 9/18/2024 $1,250,000 0.3 Vacant Land 0.51 -
B 163 Surfside Road 9/6/2024 $2,800,000 0.4 Vacant Land 0.76 -
C 71 Fairgrounds Road 7/17/2024 $3,995,000 0.8 Vacant Land 0.26 -
D 15 Parker Lane 7/17/2024 $3,500,000 0.9 Vacant Land 0.23 -
Averages 52 days $2,886,250 0.59 --- 0.44 --- ---  

Estimation of Market Value - $12,059,044

As of today, 10/05/2024, the estimated market value of 7 Masaquet Avenue, Nantucket considering the above 4 comparable properties is $12,059,044.

 

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
  • 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 Masaquet Avenue 1/19/2022 $2,500,000 0 Vacant Land 1.02 - -
  Criteria
A 3 Masaquet Avenue 6/29/2023 $3,500,000 0.0 Cape Cod 1,380 2.23 3 2-1
B 6 Pochick Avenue 1/28/2016 $0 0.1 Custom Built 3,424 1.5 5 3-1
C 139 Surfside Road 10/15/2021 $2,485,000 0.1 Cape Cod 1,446 1.21 3 2-1
D 137 Surfside Road 2/22/2021 $0 0.1 Cape Cod 2,068 0.63 1 1-
E 143-E Surfside Road 6/27/2014 $0 0.1 Vacant Land 0.34 -
F 140 Surfside Road 7/9/2014 $0 0.1 Colonial 1,736 1.05 3 2-
G 138 Surfside Road 11/30/2017 $4,800 0.1 Colonial 1,923 1.04 4 3-
H 8 Masaquet Avenue 10/1/2019 $5,795,000 0.1 Custom Built 5,114 2.75 6 6-4
I 6 Weweeder Avenue 1/15/2019 $1,850,000 0.1 Cape Cod 1,373 1.64 3 2-
J 135 Surfside Road 10/5/2022 $0 0.1 Cape Cod 1,954 0.57 3 3-
K 4 Weweeder Avenue 11/29/2023 $4,187,500 0.1 Modern/Contemp 998 1.27 3 2-
L 143-A Surfside Road $0 0.1 Vacant Land 0.11 -
M 2 Weweeder Avenue 1/1/1982 $0 0.1 Modern/Contemp 3,324 1.97 4 4-
N 4 Masaquet Avenue 12/19/2018 $0 0.1 Cape Cod 3,612 2.78 4 4-1
O 136 Surfside Road 7/2/2014 $2,500 0.1 Cape Cod 2,056 0.56 4 3-
P 143-B Surfside Road $0 0.1 Vacant Land 0.23 -
Q 133 Surfside Road 9/18/2024 $3,200,000 0.1 Cape Cod 1,986 0.63 3 2-
Averages 2834 days $1,236,753 0.09 --- 1,906 1.21 --- ---  
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
80 144 7 Masaquet Avenue