7 Cabot Lane, Nantucket, MA 02554

7 Cabot Lane Nantucket MA 02554
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Owner Information
Owner 1
Stuart L Bell
Owner 2
Campana Nominee Trust
Owner's Address
120 Canterbury Ln Palm Beach, FL 33480
Market Sale Information
Most recent sale date
12/17/2001
Previous sale date
03/02/1999
Transfer document #
C0020150-
Previous transfer document
C0018-0817
Grantor
Richard C Thompson
Previous grantor
Jeffrey P Reich
Most recent sale price
$6,000,000.00
Previous sale price
$4,500,000.00
Site Information
Property ID
29-45
Lot Size
0.35
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1800
Number of full baths
5
Condition
Number of half baths
1
Finished Area
5946
Number of Kitchen
1
Gross Living Area
9501
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$10,262,800.00
Total value
$14,989,200.00
Building value
$4,726,400.00
Estimated tax
$46,916.00
Yard improvement value
$0.00
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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 7 Cabot Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,009.08 Style Antique Age 1800 Rooms Bedrooms 5 Full baths 5 Half baths 1 Gross Living Area 9501 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.35 Roof Cover Wood Shingle AEM Value - Building $4,726,400.00 AEM Value - Land $10,262,800.00 AEM Value - Other $0.00 AEM Value - Total $14,989,200.00
A) 5 Grant Avenue 0.1 1/18/2024 $26,000,000 7,194 2 $3614.12 Custom Built 2001 5 5 2 9764 Forced Air-Duc 0.42 Wood Shingle $7,004,700 $10,300,500 $0 $17,305,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Cabot Lane 12/17/2001 $6,000,000 0 Antique 5,946 0.35 5 5-1 -
  Criteria
A 5 Grant Avenue 1/18/2024 $26,000,000 0.1 Custom Built 7,194 0.42 5 5-2
Averages 166 days $26,000,000 0.06 --- 7,194 0.42 --- ---  

Estimation of Market Value - $22,004,963

As of today, 07/02/2024, the estimated market value of 7 Cabot Lane, Nantucket considering the above 1 comparable properties is $22,004,963.

 

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
@ 7 Cabot Lane 12/17/2001 $6,000,000 0 Antique 5,946 0.35 5 5-1 -
  Criteria
A 1 Grant Avenue 10/19/2000 $3,400,000 0.0 Antique 2,828 0.22 4 4-
B 6 Vinecliff Lane 5/20/2015 $10,350,000 0.0 Antique 5,716 0.48 5 5-1
C 66-R North Beach Street 8/19/2015 $0 0.0 Vacant Land 0.08 -
D 9 Cabot Lane 8/15/2019 $7,500,000 0.0 Antique 2,862 1.73 5 3-1
E 14 Stone Barn Way 12/17/2018 $2,700,000 0.0 Custom Built 1,624 0.11 4 3-1
F 3 Cabot Lane 3/25/2013 $0 0.0 Conventional 3,296 0.12 5 4-
G 45 Cliff Road 10/15/2020 $20,000,000 0.0 Mansion 6,531 0.76 5 4-3
H 3 Grant Avenue-Lot 144 8/19/2015 $0 0.0 Antique 3,143 0.35 5 5-
I 6 Cabot Lane 9/30/1992 $0 0.0 Antique 2,303 0.18 3 3-1
J 12 Stone Barn Way 8/9/1994 $187,500 0.0 Ranch 960 0.11 3 2-
K 11 Stone Barn Way 3/11/2015 $0 0.0 Ranch 1,218 0.12 3 2-
L 2 Vinecliff Lane 6/1/2020 $6,000,000 0.0 Guest Quarters 608 0.25 1 1-1
M 3 Grant Avenue $0 0.0 Vacant Land 0.3 -
N 10 Stone Barn Way 7/8/2019 $1,600,000 0.1 Colonial 1,288 0.13 2 2-1
O 5 Nantucket Avenue 10/4/2018 $200,000 0.1 Conventional 3,892 0.16 5 4-1
P 62 North Beach Street-Lot 89 $0 0.1 Vacant Land 0.51 -
Q 5 Grant Avenue 1/18/2024 $26,000,000 0.1 Custom Built 7,194 0.42 5 5-2
R 62 North Beach Street $0 0.1 Vacant Land 0.42 -
S 43 Cliff Road 5/24/2002 $0 0.1 Custom Built 5,978 0.7 5 6-1
T 49 Cliff Road 10/20/2008 $3,450,000 0.1 Antique 3,531 0.17 4 5-1
U 2 Cabot Lane 10/19/2021 $3,800,000 0.1 Antique 1,665 0.2 4 2-
V 7 Grant Avenue 6/23/2014 $10,737,500 0.1 Custom Built 3,116 0.37 4 4-1
W 51 Cliff Road 5/18/2001 $941,000 0.1 Antique 2,315 0.09 4 2-1
X 8 Stone Barn Way 8/20/2012 $950,000 0.1 Colonial 960 0.12 2 2-
Y 4 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 1,001 0.2 3 2-
Z 3 Nantucket Avenue 5/6/2008 $0 0.1 Colonial 1,806 0.17 5 2-
- 8 Nantucket Avenue 8/27/2004 $3,995,000 0.1 Colonial 3,083 0.14 5 4-1
- 60 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 53 Cliff Road 4/26/1996 $545,000 0.1 Antique 2,643 0.15 4 5-1
- 10 Jefferson Avenue-Lot 56 2/11/1993 $462,500 0.1 Vacant Land 0.02 -
- 8 Jefferson Avenue 6/27/2003 $0 0.1 Colonial 4,286 0.37 4 4-1
- 58 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 5 Mooers Avenue 12/14/2012 $0 0.1 Colonial 2,256 0.11 4 4-
- 6 Grant Avenue 11/8/2012 $4,200,000 0.1 Custom Built 4,302 0.16 6 4-1
- 41-B Cliff Road 9/3/2021 $7,000,000 0.1 Antique 3,478 0.59 4 4-1
- 6 Jefferson Avenue 1/24/2022 $0 0.1 Modern/Contemp 1,920 0.2 4 3-1
- 2 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 2,260 0.13 4 3-1
- 41-A Cliff Road 6/12/2017 $0 0.1 Cape Cod 5,403 0.4 4 5-1
- 3 Lincoln Avenue 3/9/1993 $0 0.1 Custom Built 6,554 1.02 7 8-1
- 52 Cliff Road 6/5/2007 $1,495,000 0.1 Cape Cod 2,592 0.14 4 3-
- 56 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.42 -
- 55 Cliff Road 8/31/1984 $235,000 0.1 Antique 2,625 0.15 3 3-1
- 54 Cliff Road 7/17/2013 $0 0.1 Cape Cod 2,316 0.14 4 3-
- 10 Jefferson Avenue 2/11/1993 $462,500 0.1 Vacant Land 0.61 -
- 56 Cliff Road 2/6/2012 $0 0.1 Colonial 1,584 0.15 4 4-1
- 2 Lincoln Avenue 9/9/2022 $14,250,000 0.1 Antique 5,635 0.24 6 6-3
- 37 Cliff Road 12/23/2004 $2,700,000 0.1 Cape Cod 2,684 0.17 5 3-
- 4 Stone Barn Way 10/31/2014 $1,650,000 0.1 Cape Cod 2,149 0.12 3 3-
- 5 Lincoln Avenue 11/1/2006 $0 0.1 Antique 2,194 0.32 5 6-
- 58 Cliff Road 4/2/2014 $0 0.1 Colonial 2,247 0.12 4 3-1
- 4 Nantucket Avenue 8/22/2008 $0 0.1 Colonial 4,048 0.42 5 3-1
- 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
- 46 Cliff Road 12/20/2021 $0 0.1 Antique 4,901 0.19 5 5-
- 89 North Liberty Street 6/3/1996 $450,000 0.1 Cape Cod 1,470 0.16 4 2-1
- 4 Lincoln Avenue 10/13/2020 $9,100,000 0.1 Custom Built 3,150 0.41 6 6-3
- 50 Cliff Road $355,000 0.1 Aptovrret/Off 2,351 0.95 3 3-
- 85 North Liberty Street 9/8/2017 $1,775,000 0.1 Antique 1,969 0.11 2 1-1
- 4 Mooers Avenue 12/15/1993 $535,000 0.1 Colonial 3,370 0.16 5 4-
- 7 Highland Avenue 7/28/2020 $0 0.1 Cape Cod 1,014 0.18 3 1-
- 7 Lincoln Avenue $750,000 0.1 Colonial 3,806 0.2 4 4-1
- 35 Cliff Road 7/16/2004 $9,750,000 0.1 Custom Built 6,128 0.54 5 5-1
- 14 Jefferson Avenue 9/12/2017 $16,500,000 0.1 Vacant Land 0.12 -
- 10 Charles Street 12/13/2012 $1,600,000 0.1 Custom Built 1,848 0.18 4 3-1
- 52 North Beach Street 10/17/2013 $1,946,000 0.1 Cape Cod 1,931 0.22 4 3-
- 50 North Beach Street 11/16/2021 $3,375,000 0.1 Colonial 2,000 0.11 4 3-1
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 5 Highland Avenue 7/26/2021 $0 0.1 Bungalow 820 0.18 2 1-
- 54-B North Beach Street 1/10/2017 $2,490,000 0.1 Colonial 2,286 0.21 4 3-1
Averages 5038 days $2,876,261 0.08 --- 2,554 0.29 --- ---  
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 45 7 Cabot Lane