4 Heather Lane, Nantucket, MA 02554

Owner Information
Owner 1
Steven L Cohen
Owner 2
4 Heather Lane Trust
Owner's Address
P O Box 786 Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/15/2021
Previous sale date
11/15/2006
Transfer document #
C28195-
Previous transfer document
C0022425-0
Grantor
Andrea S Finard
Previous grantor
Rhoda H Weinman
Most recent sale price
$15,700,000.00
Previous sale price
$9,785,000.00
Site Information
Property ID
30-108
Lot Size
1.27
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Custom Built
Number of Rooms
Stories
1.75
Number of Beds
5
Year Built
1996
Number of full baths
5
Condition
Number of half baths
1
Finished Area
5352
Number of Kitchen
1
Gross Living Area
10318
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$7,238,000.00
Total value
$13,156,300.00
Building value
$5,918,300.00
Estimated tax
$41,179.00
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 4 Heather Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,933.48 Style Custom Built Age 1996 Rooms Bedrooms 5 Full baths 5 Half baths 1 Gross Living Area 10318 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.27 Roof Cover Wood Shingle AEM Value - Building $5,918,300.00 AEM Value - Land $7,238,000.00 AEM Value - Other $0.00 AEM Value - Total $13,156,300.00
A) 8 Jefferson Avenue 0.5 9/11/2024 $8,850,000 4,286 2 $2064.86 Colonial 2002 4 4 1 5522 Forced Air-Duc 0.37 Wood Shingle $4,318,900 $3,398,300 $0 $7,717,200
B) 33 Cliff Road 0.7 9/16/2024 $13,950,000 5,863 2 $2379.33 Colonial 1900 5 8 8081 Electr Basebrd 0.62 Asph/F Gls/Cmp $4,360,500 $5,685,000 $0 $10,045,500
C) 5 Maxey Pond Road 0.8 9/5/2024 $6,150,000 4,026 1 $1527.57 Custom Built 1999 3 3 1 8765 Forced Air-Duc 2.46 Wood Shingle $3,838,200 $1,770,500 $0 $5,608,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Heather Lane 3/15/2021 $15,700,000 0 Custom Built 5,352 1.27 5 5-1 -
  Criteria
A 8 Jefferson Avenue 9/11/2024 $8,850,000 0.5 Colonial 4,286 0.37 4 4-1
B 33 Cliff Road 9/16/2024 $13,950,000 0.7 Colonial 5,863 0.62 5 8-
C 5 Maxey Pond Road 9/5/2024 $6,150,000 0.8 Custom Built 4,026 2.46 3 3-1
Averages 20 days $9,650,000 0.67 --- 4,725 1.15 --- ---  

Estimation of Market Value - $13,613,581

As of today, 10/01/2024, the estimated market value of 4 Heather Lane, Nantucket considering the above 3 comparable properties is $13,613,581.

 

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
@ 4 Heather Lane 3/15/2021 $15,700,000 0 Custom Built 5,352 1.27 5 5-1 -
  Criteria
A 0 Hinckley Lane-Rear 3/15/2021 $15,700,000 0.0 Vacant Land 0.31 -
B 17 Hinckley Lane 10/15/2019 $4,750,000 0.1 Ranch 954 0.65 3 1-1
C 15 Hinckley Lane 11/15/2016 $0 0.1 Cape Cod 1,574 0.49 4 1-1
D 25 Hinckley Lane 3/11/2014 $3,950,000 0.1 Vacant Land 0.73 -
E 0 Hinckley Lane-Rear 11/12/2021 $15,445 0.1 Vacant Land 0.34 -
F 18 Kimball Avenue 8/19/2013 $8,900,000 0.1 Cape Cod 2,051 1.01 4 3-
G 5 Heather Lane 10/15/2021 $22,250,000 0.1 Custom Built 7,329 0.68 6 7-2
H 21 Kimball Avenue 8/30/2019 $0 0.1 Colonial 3,283 0.23 4 5-1
I 0 Heather Lane 3/15/2021 $15,700,000 0.1 Vacant Land 0.11 -
J 7 Heather Lane 4/26/2022 $18,875,000 0.1 Vacant Land 1.23 -
K 7 Hinckley Lane 10/18/2021 $23,500,000 0.1 Custom Built 4,804 1.96 6 5-1
L 95 Cliff Road 12/14/2021 $10,700,000 0.1 Custom Built 6,226 0.92 4 5-1
M 2 Windward Lane 9/7/2001 $0 0.1 Custom Built 3,618 1.4 2 3-1
N 20 Hinckley Lane 5/19/2022 $0 0.1 Vacant Land 0.11 -
O 18 Hinckley Lane 9/17/2010 $6,950,000 0.1 Custom Built 6,379 0.69 4 4-1
P 5 Cliff Lane 10/28/2021 $12,350,000 0.1 Custom Built 5,770 1.36 5 6-3
Q 7 Shady Lane 12/13/2019 $3,500,000 0.1 Colonial 3,524 0.46 4 3-1
R 29 Hinckley Lane 10/31/2002 $4,850,000 0.1 Vacant Land 0.81 -
S 24 Hinckley Lane 10/15/2003 $7,052,000 0.1 Ranch 1,369 0.47 2 2-
T 19 Kimball Avenue 9/17/2013 $0 0.1 Colonial 5,518 1 4 6-3
U 1 Windward Lane 9/7/2001 $0 0.1 Custom Built 4,478 0.76 6 5-1
V 16 Hinckley Lane 12/27/2005 $0 0.1 Antique 1,539 0.62 4 2-
W 31 Hinckley Lane 10/31/2002 $10,000,000 0.1 Mansion 11,708 1.2 7 8-4
X 3 Cliff Lane 3/23/2017 $0 0.1 Custom Built 5,203 0.51 5 5-2
Y 11 Kimball Avenue 12/13/2001 $4,500,000 0.1 Custom Built 5,322 0.46 6 6-3
Z 5 Shady Lane 12/28/2012 $0 0.1 Colonial 3,935 0.53 7 5-
- 20 Hinckley Lane-Lot 235 5/19/2022 $0 0.1 Vacant Land 0.04 -
- 5 Hinckley Lane 12/18/2012 $0 0.1 Colonial 2,961 0.53 5 3-
- 22 Hinckley Lane 11/3/2004 $6,750,000 0.1 Custom Built 3,596 0.8 3 4-1
Averages 3801 days $6,216,981 0.09 --- 3,143 0.7 --- ---  
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
30 108 4 Heather Lane