40 Old South Road, Nantucket, MA 02554

Owner Information
Owner 1
40 Old South Road LLC
Owner 2
Owner's Address
22A Daffodil Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/3/2022
Previous sale date
06/29/2021
Transfer document #
C28733-
Previous transfer document
C28366-0
Grantor
Paul M Gaucher
Previous grantor
40 Osr LLC
Most recent sale price
$1,306,999.00
Previous sale price
$875,000.00
Site Information
Property ID
68-10
Lot Size
0.24
Use Code
390 - Developable Land
Zoning
CN
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
2025
Land Value
$709,000.00
Total value
$709,000.00
Building value
$0.00
Estimated tax
$3,942.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
40 Old South Road3 Nancy Ann Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Old South Road A) 3 Nancy Ann Lane
Photo
Plan
Map
Proximity 0.4
Last Sold 3/31/2025
Price $7,000,000
Net Living Area
Stories
Sale Price/sft --
Style Vacant LandVacant Land
Age
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area
Heating Fuel
Detached Garage
Lot Size 0.240.49
Roof Cover
AEM Value - Building $0.00$0
AEM Value - Land $709,000.00$1,554,900
AEM Value - Other $0.00$0
AEM Value - Total $709,000.00$1,554,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Old South Road 3/3/2022 $1,306,999 0 Vacant Land 0.24 - -
  Criteria
A 3 Nancy Ann Lane 3/31/2025 $7,000,000 0.4 Vacant Land 0.49 -
Averages 144 days $7,000,000 0.44 --- 0.49 --- ---  

Estimation of Market Value - $3,191,845

As of today, 08/22/2025, the estimated market value of 40 Old South Road, Nantucket considering the above 1 comparable properties is $3,191,845.

 

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 Property0 Rose Bud Lane0 Rose Bud Lane5 Rose Bud Lane12 Youngs Way6 Forrest Avenue3 Rose Bud Lane4 Rose Bud Lane3 Forrest Avenue4 Forrest Avenue40 Old South Road2 Toombs Court1 Youngs Way6 Rose Bud Lane35-A Old South Road10 Youngs Way4 Toombs Court42 Old South Road41 Old South Road5 Forrest Avenue7 Rose Bud Lane9 Hinsdale Road7 Forrest Avenue8 Forrest Avenue3 Toombs Court6 Toombs Court6 Youngs Way5 Toombs Court$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
@ 40 Old South Road 3/3/2022 $1,306,999 0 Vacant Land 0.24 - -
  Criteria
A 4 Forrest Avenue 5/11/2020 $1,150,000 0.0 Vacant Land 0.52 -
B 42 Old South Road 6/14/2010 $0 0.0 Ranch 1,400 0.66 3 2-
C 3 Forrest Avenue 11/5/2014 $0 0.0 Vacant Land 0.51 -
D 1 Toombs Court 4/8/1998 $450,000 0.0 Fast Food 810 0.66 0 0-
E 2 Toombs Court 4/10/2014 $0 0.0 Cape Cod 983 0.11 2 1-
F 41 Old South Road 7/20/2004 $348,500 0.1 Gar/Apt Res 1,272 0.12 1 1-2
G 43 Old South Road 12/20/2006 $600,000 0.1 Aptovrret/Off 2,128 0.14 2 2-
H 6 Forrest Avenue 7/17/2009 $0 0.1 Vacant Land 0.52 -
I 3 Rose Bud Lane 4/23/2020 $0 0.1 Ranch 680 0.44 2 1-
J 5 Forrest Avenue 8/3/2009 $0 0.1 Ranch 2,064 0.51 3 2-
K 3 Toombs Court 11/17/2004 $0 0.1 Cape Cod 2,506 0.69 5 2-1
L 4 Toombs Court 6/24/2016 $0 0.1 Ranch 759 0.66 2 1-
M 4 Rose Bud Lane 6/27/2025 $1,052,500 0.1 Vacant Land 0.44 -
N 8 Forrest Avenue 12/7/2004 $1 0.1 Colonial 3,017 0.52 4 2-1
O 6 Youngs Way $300,000 0.1 Office Bldg 2,964 0.43 3 2-
P 35-A Old South Road 5/3/2002 $0 0.1 Mu Condo 1,616 0 4 2-
Q 5 Rose Bud Lane 6/4/2025 $1,030,000 0.1 Outbuildings 0.43 -
R 7 Forrest Avenue 7/2/2010 $0 0.1 Cape Cod 1,404 0.52 3 2-
S 6 Rose Bud Lane 2/17/2021 $0 0.1 Cape Cod 1,759 0.43 3 2-
T 9 Hinsdale Road 7/18/2022 $1,865,000 0.1 Vacant Land 0.45 -
U 10 Youngs Way 5/24/2000 $0 0.1 Health Club 4,960 0.32 0 2-
V 7 Rose Bud Lane 2/17/2021 $0 0.1 Colonial 1,946 0.42 5 2-1
W 5 Toombs Court $0 0.1 Cape Cod 4,112 0.68 3 1-1
X 1 Youngs Way 1/8/2021 $1,000,000 0.1 Vacant Land 0.24 -
Y 0 Rose Bud Lane 2/17/2021 $0 0.1 Vacant Land 0.05 -
Z 6 Toombs Court 5/15/2019 $0 0.1 Colonial 1,621 0.69 3 2-
- 12 Youngs Way 1/27/2021 $0 0.1 Vacant Land 0.16 -
- 0 Rose Bud Lane 2/17/2021 $0 0.1 Vacant Land 0.05 -
Averages 4194 days $278,429 0.09 --- 1,286 0.41 --- ---  
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
68 10 40 Old South Road