2 North Star Lane, Nantucket, MA 02554

2 North Star Lane Nantucket MA 02554
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Owner Information
Owner 1
Rmft Advisors LLC
Owner 2
Owner's Address
2395 Pacific Ave San Francisco, CA 94115
Market Sale Information
Most recent sale date
11/15/2021
Previous sale date
01/12/2018
Transfer document #
1863-216
Previous transfer document
01629-0075
Grantor
Philip H Geier
Previous grantor
Emmy Real Estate LLC
Most recent sale price
$6,400,000.00
Previous sale price
$4,275,000.00
Site Information
Property ID
30-188
Lot Size
0.17
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Custom Built
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
2015
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3060
Number of Kitchen
Gross Living Area
3727
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,412,500.00
Total value
$6,843,700.00
Building value
$3,431,200.00
Estimated tax
$21,420.00
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 2 North Star Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,091.50 Style Custom Built Age 2015 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 3727 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.17 Roof Cover Wood Shingle AEM Value - Building $3,431,200.00 AEM Value - Land $3,412,500.00 AEM Value - Other $0.00 AEM Value - Total $6,843,700.00
A) 20 West Chester Street 0.4 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
B) 24 Walsh Street 0.6 9/6/2024 $6,350,000 2,758 2.5 $2302.39 Antique 1840 5 5 1 3742 Forced Air-Duc 0.11 Wood Shingle $2,136,900 $2,197,500 $0 $4,334,400
C) 1 Farmer Street 1.0 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
D) 25 Union Street 1.0 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
E) 45 Fair Street 1.0 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 North Star Lane 11/15/2021 $6,400,000 0 Custom Built 3,060 0.17 4 4-1 -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.4 Custom Built 3,287 0.28 4 4-2
B 24 Walsh Street 9/6/2024 $6,350,000 0.6 Antique 2,758 0.11 5 5-1
C 1 Farmer Street 5/10/2024 $3,600,000 1.0 Antique 2,430 0.06 3 3-1
D 25 Union Street 8/19/2024 $2,365,000 1.0 Antique 3,537 0.14 5 2-1
E 45 Fair Street 5/8/2024 $4,800,000 1.0 Custom Built 2,854 0.07 4 4-1
Averages 93 days $4,822,000 0.77 --- 2,973 0.13 --- ---  

Estimation of Market Value - $6,288,610

As of today, 10/01/2024, the estimated market value of 2 North Star Lane, Nantucket considering the above 5 comparable properties is $6,288,610.

 

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
@ 2 North Star Lane 11/15/2021 $6,400,000 0 Custom Built 3,060 0.17 4 4-1 -
  Criteria
A 65 Cliff Road 2/18/2022 $0 0.0 Colonial 2,937 0.17 5 4-
B 65 Cliff Road-Lot 157 2/18/2022 $0 0.0 Vacant Land 0.27 -
C 4 North Star Lane 1/21/2005 $0 0.0 Colonial 2,405 0.61 4 3-1
D 4 Highland Avenue 12/20/2012 $0 0.0 Modern/Contemp 2,430 0.23 2 2-
E 6 North Star Lane 1/6/2022 $0 0.0 Ranch 1,956 0.42 2 2-
F 63 Cliff Road 6/27/2013 $3,740,000 0.0 Custom Built 2,614 0.26 5 5-1
G 2 North Cliff Way 4/8/2013 $0 0.0 Custom Built 3,553 0.24 4 5-1
H 67 Cliff Road 12/23/2021 $2,500,000 0.0 Colonial 2,065 0.5 3 2-1
I 69 Cliff Road 4/17/2009 $0 0.0 Colonial 3,113 0.58 3 3-1
J 3 Highland Avenue 8/5/2011 $0 0.1 Custom Built 3,702 0.12 6 5-1
K 17 Delaney Road 5/28/2015 $1,000,000 0.1 Colonial 3,688 0.17 4 4-1
L 61 Cliff Road 2/12/2004 $0 0.1 Colonial 2,700 0.15 5 4-1
M 8 North Star Lane 4/25/2011 $3,200,000 0.1 Custom Built 3,046 0.25 5 4-1
N 68 Cliff Road 6/9/2017 $5,590,000 0.1 Custom Built 3,955 0.24 5 5-1
O 5 Highland Avenue 7/26/2021 $0 0.1 Bungalow 820 0.18 2 1-
P 62 Cliff Road 11/10/2004 $0 0.1 Colonial 3,931 0.49 5 5-1
Q 2 Capaum Road 5/1/2019 $717,661 0.1 Custom Built 3,776 0.3 5 5-1
R 4 Mooers Avenue 12/15/1993 $535,000 0.1 Colonial 3,370 0.16 5 4-
S 60 Cliff Road 6/28/2021 $4,450,000 0.1 Antique 3,699 0.29 5 5-
T 71 Cliff Road 2/23/2022 $0 0.1 Vacant Land 0.16 -
U 1 North Star Lane 10/1/2015 $2,850,000 0.1 Vacant Land 0.18 -
V 7 Highland Avenue 7/28/2020 $0 0.1 Cape Cod 1,014 0.18 3 1-
W 4 Capaum Road 9/30/2014 $4,125,000 0.1 Custom Built 5,516 0.25 4 4-2
X 92 Cliff Road 1/23/2017 $4,505,150 0.1 Custom Built 8,016 0.88 4 5-1
Y 10 North Star Lane $0 0.1 Cape Cod 4,869 0.26 6 6-1
Z 62-R Cliff Road 8/17/2004 $4,000,000 0.1 Colonial 4,368 0.69 5 4-1
- 3 North Star Lane 12/31/2012 $0 0.1 Colonial 3,994 0.13 5 5-1
- 69 Cliff Road-Lot 204 5/1/2000 $1,100,000 0.1 Custom Built 3,694 0.23 4 6-1
- 8 Mooers Avenue 11/7/2013 $3,250,000 0.1 Antique 2,642 0.12 4 3-1
- 60-R Cliff Road 6/20/1997 $0 0.1 Conventional 1,294 0.44 4 3-1
- 8 Capaum Road 7/7/2004 $0 0.1 Custom Built 5,076 0.18 5 4-1
- 4 Nantucket Avenue 8/22/2008 $0 0.1 Colonial 4,048 0.42 5 3-1
- 14 North Star Lane 5/27/2022 $0 0.1 Colonial 4,073 0.23 6 6-1
- 73 Cliff Road 8/26/2014 $0 0.1 Ranch 1,937 0.2 4 3-1
- 5 North Star Lane 12/31/2012 $0 0.1 Vacant Land 0.14 -
- 4 Lincoln Avenue 10/13/2020 $9,100,000 0.1 Custom Built 3,150 0.41 6 6-3
- 6 Lincoln Avenue 10/21/2010 $0 0.1 Custom Built 8,301 0.61 6 7-1
- 9 Delaney Road 8/15/2019 $2,200,000 0.1 Ranch 1,430 0.27 3 1-
- 72-R Cliff Road 8/2/2016 $0 0.1 Cape Cod 4,498 0.3 5 5-1
- 3 Capaum Road 5/12/1993 $0 0.1 Colonial 1,764 0.12 2 2-1
- 11 North Star Lane 7/29/2014 $0 0.1 Cape Cod 2,331 0.18 4 4-
- 1 Hamblin Road 10/12/2018 $3,125,000 0.1 Colonial 3,188 0.21 4 4-1
- 90 North Liberty Street 10/30/2020 $3,100,000 0.1 Antique 3,341 0.46 5 3-
- 10 Capaum Road $0 0.1 Colonial 2,226 0.18 4 3-
- 2 Lincoln Avenue 9/9/2022 $14,250,000 0.1 Antique 5,635 0.24 6 6-3
- 12 Delaney Road 8/16/2022 $0 0.1 Ranch 1,720 0.31 4 2-
- 7 Paul Jones Road 11/13/2019 $0 0.1 Colonial 2,450 0.16 4 3-
- 6 Grant Avenue 11/8/2012 $4,200,000 0.1 Custom Built 4,302 0.16 6 4-1
- 5 Mooers Avenue 12/14/2012 $0 0.1 Colonial 2,256 0.11 4 4-
- 4 Sherburne Turnpike-Lot 209 10/21/2021 $0 0.1 Cottage 800 0.17 3 1-
- 84 North Liberty Street 9/14/2009 $6,600,000 0.1 Colonial 6,780 0.4 5 6-3
- 55 Cliff Road 8/31/1984 $235,000 0.1 Antique 2,625 0.15 3 3-1
- 7 Delaney Road 5/9/2011 $840,000 0.1 Ranch 2,210 0.22 3 3-
- 13 North Star Lane 10/15/2021 $5,250,000 0.1 Cape Cod 3,602 0.36 5 6-
- 12 Capaum Road 12/14/2009 $0 0.1 Custom Built 5,635 0.28 5 5-2
- 10 Delaney Road 9/14/2020 $4,700,000 0.1 Colonial 4,217 0.23 5 4-1
- 75 Cliff Road 12/17/2013 $4,850,000 0.1 Custom Built 8,518 0.27 6 5-1
- 10 Lincoln Avenue 10/1/2021 $15,785,000 0.1 Custom Built 5,318 0.68 5 6-2
- 86 North Liberty Street 10/25/2010 $0 0.1 Colonial 2,160 0.12 3 2-1
- 8 Lincoln Avenue 5/12/1993 $0 0.1 Colonial 3,242 0.19 5 3-
- 8 Nantucket Avenue 8/27/2004 $3,995,000 0.1 Colonial 3,083 0.14 5 4-1
- 3 Hamblin Road 6/1/2004 $3,950,000 0.1 Colonial 3,984 0.44 3 4-2
- 89 North Liberty Street 6/3/1996 $450,000 0.1 Cape Cod 1,470 0.16 4 2-1
- 82 North Liberty Street 9/14/2009 $6,600,000 0.1 Vacant Land 0.36 -
- 3 Nantucket Avenue 5/6/2008 $0 0.1 Colonial 1,806 0.17 5 2-
- 2 Hamblin Road 7/13/2015 $0 0.1 Custom Built 5,253 0.27 5 5-2
- 12 Lincoln Avenue 9/26/2019 $28,639 0.1 Colonial 2,999 0.52 5 3-2
- 76 Cliff Road 12/21/1994 $625,000 0.1 Colonial 3,418 0.54 4 3-1
- 2 Sherburne Turnpike 4/7/1994 $0 0.1 Colonial 2,864 0.41 4 3-1
- 31 Derrymore Road 7/1/2019 $5,295,000 0.1 Custom Built 4,470 0.29 6 5-1
- 25 Derrymore Road 8/16/2022 $0 0.1 Cape Cod 1,845 0.23 5 2-
- 5 Delaney Road 7/11/2013 $0 0.1 Cape Cod 1,680 0.21 3 3-
- 53 Cliff Road 4/26/1996 $545,000 0.1 Antique 2,643 0.15 4 5-1
Averages 4552 days $1,880,636 0.09 --- 3,171 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
30 188 2 North Star Lane