2 Vinecliff Lane, Nantucket, MA 02554

2 Vinecliff Lane Nantucket MA 02554
Owner Information
Owner 1
2 Vinecliff LLC
Owner 2
Owner's Address
201 Ocean Tr Palm Beach, FL 33480
Market Sale Information
Most recent sale date
6/1/2020
Previous sale date
06/21/2016
Transfer document #
C27707-
Previous transfer document
C0026100-0
Grantor
Vinecliff Lot 3 LLC
Previous grantor
Arthur I Reade
Most recent sale price
$6,000,000.00
Previous sale price
$0.00
Site Information
Property ID
29-43-1
Lot Size
0.25
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Guest Quarters
Number of Rooms
Stories
1.5
Number of Beds
1
Year Built
1986
Number of full baths
1
Condition
Number of half baths
1
Finished Area
608
Number of Kitchen
1
Gross Living Area
1040
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Wood Shingle
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,365,300.00
Total value
$7,893,600.00
Building value
$4,528,300.00
Estimated tax
$24,706.00
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 2 Vinecliff Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $9,868.42 Style Guest Quarters Age 1986 Rooms Bedrooms 1 Full baths 1 Half baths 1 Gross Living Area 1040 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.25 Roof Cover Wood Shingle AEM Value - Building $4,528,300.00 AEM Value - Land $3,365,300.00 AEM Value - Other $0.00 AEM Value - Total $7,893,600.00
A) 7-A New Lane 0.6 6/24/2024 $4,575,000 560 1.75 $8169.64 Guest Quarters 2003 1 1 1078 Forced Air-Duc 0.16 Asph/F Gls/Cmp $2,674,500 $1,014,400 $0 $3,688,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Vinecliff Lane 6/1/2020 $6,000,000 0 Guest Quarters 608 0.25 1 1-1 -
  Criteria
A 7-A New Lane 6/24/2024 $4,575,000 0.6 Guest Quarters 560 0.16 1 1-
Averages 8 days $4,575,000 0.59 --- 560 0.16 --- ---  

Estimation of Market Value - $7,378,421

As of today, 07/02/2024, the estimated market value of 2 Vinecliff Lane, Nantucket considering the above 1 comparable properties is $7,378,421.

 

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
@ 2 Vinecliff Lane 6/1/2020 $6,000,000 0 Guest Quarters 608 0.25 1 1-1 -
  Criteria
A 9 Cabot Lane 8/15/2019 $7,500,000 0.0 Antique 2,862 1.73 5 3-1
B 3 Cabot Lane 3/25/2013 $0 0.0 Conventional 3,296 0.12 5 4-
C 49 Cliff Road 10/20/2008 $3,450,000 0.0 Antique 3,531 0.17 4 5-1
D 6 Vinecliff Lane 5/20/2015 $10,350,000 0.0 Antique 5,716 0.48 5 5-1
E 51 Cliff Road 5/18/2001 $941,000 0.0 Antique 2,315 0.09 4 2-1
F 6 Cabot Lane 9/30/1992 $0 0.0 Antique 2,303 0.18 3 3-1
G 2 Cabot Lane 10/19/2021 $3,800,000 0.0 Antique 1,665 0.2 4 2-
H 45 Cliff Road 10/15/2020 $20,000,000 0.0 Mansion 6,531 0.76 5 4-3
I 52 Cliff Road 6/5/2007 $1,495,000 0.0 Cape Cod 2,592 0.14 4 3-
J 53 Cliff Road 4/26/1996 $545,000 0.0 Antique 2,643 0.15 4 5-1
K 54 Cliff Road 7/17/2013 $0 0.0 Cape Cod 2,316 0.14 4 3-
L 7 Cabot Lane 12/17/2001 $6,000,000 0.0 Antique 5,946 0.35 5 5-1
M 5 Nantucket Avenue 10/4/2018 $200,000 0.0 Conventional 3,892 0.16 5 4-1
N 1 Grant Avenue 10/19/2000 $3,400,000 0.0 Antique 2,828 0.22 4 4-
O 3 Nantucket Avenue 5/6/2008 $0 0.0 Colonial 1,806 0.17 5 2-
P 56 Cliff Road 2/6/2012 $0 0.1 Colonial 1,584 0.15 4 4-1
Q 43 Cliff Road 5/24/2002 $0 0.1 Custom Built 5,978 0.7 5 6-1
R 3 Grant Avenue-Lot 144 8/19/2015 $0 0.1 Antique 3,143 0.35 5 5-
S 55 Cliff Road 8/31/1984 $235,000 0.1 Antique 2,625 0.15 3 3-1
T 58 Cliff Road 4/2/2014 $0 0.1 Colonial 2,247 0.12 4 3-1
U 8 Nantucket Avenue 8/27/2004 $3,995,000 0.1 Colonial 3,083 0.14 5 4-1
V 5 Mooers Avenue 12/14/2012 $0 0.1 Colonial 2,256 0.11 4 4-
W 50 Cliff Road $355,000 0.1 Aptovrret/Off 2,351 0.95 3 3-
X 66-R North Beach Street 8/19/2015 $0 0.1 Vacant Land 0.08 -
Y 14 Stone Barn Way 12/17/2018 $2,700,000 0.1 Custom Built 1,624 0.11 4 3-1
Z 89 North Liberty Street 6/3/1996 $450,000 0.1 Cape Cod 1,470 0.16 4 2-1
- 12 Stone Barn Way 8/9/1994 $187,500 0.1 Ranch 960 0.11 3 2-
- 85 North Liberty Street 9/8/2017 $1,775,000 0.1 Antique 1,969 0.11 2 1-1
- 41-A Cliff Road 6/12/2017 $0 0.1 Cape Cod 5,403 0.4 4 5-1
- 6 Grant Avenue 11/8/2012 $4,200,000 0.1 Custom Built 4,302 0.16 6 4-1
- 5 Grant Avenue 1/18/2024 $26,000,000 0.1 Custom Built 7,194 0.42 5 5-2
- 10 Stone Barn Way 7/8/2019 $1,600,000 0.1 Colonial 1,288 0.13 2 2-1
- 4 Nantucket Avenue 8/22/2008 $0 0.1 Colonial 4,048 0.42 5 3-1
- 37 Cliff Road 12/23/2004 $2,700,000 0.1 Cape Cod 2,684 0.17 5 3-
- 46 Cliff Road 12/20/2021 $0 0.1 Antique 4,901 0.19 5 5-
- 3 Grant Avenue $0 0.1 Vacant Land 0.3 -
- 11 Stone Barn Way 3/11/2015 $0 0.1 Ranch 1,218 0.12 3 2-
- 83 North Liberty Street $0 0.1 Conventional 2,329 0.34 3 2-
- 7 Grant Avenue 6/23/2014 $10,737,500 0.1 Custom Built 3,116 0.37 4 4-1
- 39 Cliff Road 4/4/2023 $8,500,000 0.1 Custom Built 4,639 0.19 4 3-2
- 8 Mooers Avenue 11/7/2013 $3,250,000 0.1 Antique 2,642 0.12 4 3-1
- 2 Lincoln Avenue 9/9/2022 $14,250,000 0.1 Antique 5,635 0.24 6 6-3
- 90 North Liberty Street 10/30/2020 $3,100,000 0.1 Antique 3,341 0.46 5 3-
- 41-B Cliff Road 9/3/2021 $7,000,000 0.1 Antique 3,478 0.59 4 4-1
- 79 North Liberty Street 4/3/1992 $260,000 0.1 Colonial 3,018 0.21 5 4-
- 62 North Beach Street-Lot 89 $0 0.1 Vacant Land 0.51 -
- 4 Mooers Avenue 12/15/1993 $535,000 0.1 Colonial 3,370 0.16 5 4-
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 62 North Beach Street $0 0.1 Vacant Land 0.42 -
- 86 North Liberty Street 10/25/2010 $0 0.1 Colonial 2,160 0.12 3 2-1
- 8 Stone Barn Way 8/20/2012 $950,000 0.1 Colonial 960 0.12 2 2-
- 60 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 42 Cliff Road 3/1/1990 $150,000 0.1 Bungalow 616 0.06 2 1-
- 58 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 61 Cliff Road 2/12/2004 $0 0.1 Colonial 2,700 0.15 5 4-1
- 3 Lincoln Avenue 3/9/1993 $0 0.1 Custom Built 6,554 1.02 7 8-1
- 77 North Liberty Street 11/20/2001 $0 0.1 Colonial 3,046 0.2 4 3-1
- 35 Cliff Road 7/16/2004 $9,750,000 0.1 Custom Built 6,128 0.54 5 5-1
- 7 Highland Avenue 7/28/2020 $0 0.1 Cape Cod 1,014 0.18 3 1-
- 56 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.42 -
- 4 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 1,001 0.2 3 2-
- 5 Highland Avenue 7/26/2021 $0 0.1 Bungalow 820 0.18 2 1-
- 4 Lincoln Avenue 10/13/2020 $9,100,000 0.1 Custom Built 3,150 0.41 6 6-3
- 10 Jefferson Avenue-Lot 56 2/11/1993 $462,500 0.1 Vacant Land 0.02 -
- 48 Cliff Road $0 0.1 Vacant Land 8.18 -
- 60-R Cliff Road 6/20/1997 $0 0.1 Conventional 1,294 0.44 4 3-1
- 38-R Cliff Road 10/9/2015 $4,992,000 0.1 Outbuildings 0.13 -
- 3 Highland Avenue 8/5/2011 $0 0.1 Custom Built 3,702 0.12 6 5-1
- 35-A Cliff Road 7/16/2004 $9,750,000 0.1 Vacant Land 0.12 -
- 60 Cliff Road 6/28/2021 $4,450,000 0.1 Antique 3,699 0.29 5 5-
- 38-40 Cliff Road 10/27/2015 $2,300,000 0.1 Antique 1,540 0.22 3 2-
- 5 Lincoln Avenue 11/1/2006 $0 0.1 Antique 2,194 0.32 5 6-
- 8 Jefferson Avenue 6/27/2003 $0 0.1 Colonial 4,286 0.37 4 4-1
- 84 North Liberty Street 9/14/2009 $6,600,000 0.1 Colonial 6,780 0.4 5 6-3
- 75 North Liberty Street 1/12/2018 $0 0.1 Cape Cod 1,898 0.21 3 3-
- 6 Jefferson Avenue 1/24/2022 $0 0.1 Modern/Contemp 1,920 0.2 4 3-1
- 63 Cliff Road 6/27/2013 $3,740,000 0.1 Custom Built 2,614 0.26 5 5-1
- 82 North Liberty Street 9/14/2009 $6,600,000 0.1 Vacant Land 0.36 -
Averages 5392 days $2,713,212 0.08 --- 2,616 0.39 --- ---  
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
29 43 1 2 Vinecliff Lane