12 Hinckley Lane, Nantucket, MA 02554

12 Hinckley Lane Nantucket MA 02554
Owner Information
Owner 1
Robert C Butman
Owner 2
C/O Butman Marcia
Owner's Address
8 White Pine Ln Lexington, MA 02421
Market Sale Information
Most recent sale date
11/20/2007
Previous sale date
12/29/1992
Transfer document #
C0022809-
Previous transfer document
C0001-5591
Grantor
Robert C Butman
Previous grantor
Marcia Y Butman
Most recent sale price
$308,000.00
Previous sale price
$0.00
Site Information
Property ID
30-230
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
5
Year Built
1950
Number of full baths
3
Condition
Number of half baths
Finished Area
2225
Number of Kitchen
1
Gross Living Area
2762
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Coal Or Wood
Roof Cover
Asph/F Gls/Cmp
Heating fuel
None
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,480,175.00
Total value
$4,343,375.00
Building value
$863,200.00
Estimated tax
$13,594.00
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 12 Hinckley Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $138.43 Style Colonial Age 1950 Rooms Bedrooms 5 Full baths 3 Half baths Gross Living Area 2762 Heating Fuel None Detached Garage Lot Size 0.61 Roof Cover Asph/F Gls/Cmp AEM Value - Building $863,200.00 AEM Value - Land $3,480,175.00 AEM Value - Other $0.00 AEM Value - Total $4,343,375.00
A) 45 West Chester Street 0.6 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
B) 20 New Lane 0.7 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
C) 149 Main Street 0.9 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
D) 56 Walsh Street 0.9 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Hinckley Lane 11/20/2007 $308,000 0 Colonial 2,225 0.61 5 3- -
  Criteria
A 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
B 20 New Lane 1/17/2024 $4,350,000 0.7 Colonial 2,247 0.12 4 3-1
C 149 Main Street 5/17/2024 $4,225,000 0.9 Conventional 1,698 0.14 3 1-1
D 56 Walsh Street 2/15/2024 $5,000,000 0.9 Cape Cod 2,028 0.11 5 3-1
Averages 111 days $4,193,750 0.79 --- 1,986 0.13 --- ---  

Estimation of Market Value - $5,343,584

As of today, 07/06/2024, the estimated market value of 12 Hinckley Lane, Nantucket considering the above 4 comparable properties is $5,343,584.

 

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
@ 12 Hinckley Lane 11/20/2007 $308,000 0 Colonial 2,225 0.61 5 3- -
  Criteria
A 8 Hinckley Lane 2/12/2012 $0 0.0 Custom Built 5,475 1.17 3 4-1
B 14 Hinckley Lane 8/26/2005 $1,600,000 0.0 Custom Built 4,642 1.51 4 4-2
C 0 Cliff Road $0 0.0 Vacant Land 0.26 -
D 0 Cliff Road $0 0.0 Vacant Land 0.26 -
E 10 Hinckley Lane 10/15/2007 $10 0.0 Custom Built 5,561 0.53 4 5-2
F 15 Gosnold Road 6/15/2001 $1,080,000 0.1 Vacant Land 2.36 -
G 13 Gosnold Road 6/15/2001 $650,000 0.1 Vacant Land 1.02 -
H 6 Hinckley Lane-Lot 78 9/29/2023 $65,000 0.1 Custom Built 5,022 1.09 5 5-
I 0 Cliff Road $0 0.1 Vacant Land 1.59 -
J 10-B Hinckley Lane 12/28/2012 $0 0.1 Custom Built 2,442 0.34 5 5-1
K 16 Hinckley Lane 12/27/2005 $0 0.1 Antique 1,539 0.62 4 2-
L 20 Hinckley Lane-Lot 235 5/19/2022 $0 0.1 Vacant Land 0.04 -
M 0 Cliff Road $0 0.1 Vacant Land 0.25 -
N 20 Hinckley Lane-Lot 236 5/19/2022 $0 0.1 Conventional 2,372 0.78 5 3-
O 18 Hinckley Lane 9/17/2010 $6,950,000 0.1 Custom Built 6,379 0.69 4 4-1
P 3 Gosnold Road-Lot 6 $0 0.1 Vacant Land 0.24 -
Q 20 Hinckley Lane 5/19/2022 $0 0.1 Vacant Land 0.11 -
R 8 Sachem Road 10/25/2021 $13,250,000 0.1 Custom Built 6,456 1.02 4 5-1
S 3 Gosnold Road $0 0.1 Vacant Land 0.26 -
T 113 Cliff Road 10/13/2022 $10,450,000 0.1 Colonial 5,447 0.39 7 6-2
U 115 Cliff Road 12/28/2016 $0 0.1 Ranch 1,678 0.84 2 2-1
V 22 Hinckley Lane 11/3/2004 $6,750,000 0.1 Custom Built 3,596 0.8 3 4-1
W 111 Cliff Road 8/30/2019 $3,000,000 0.1 Ranch 1,436 0.29 4 2-
X 14 Gosnold Road 8/26/2021 $11,100,000 0.1 Colonial 5,727 0.47 6 5-1
Y 14 Sachem Road 9/14/2021 $8,000,000 0.1 Cape Cod 3,202 0.72 5 4-
Z 2 Hinckley Lane 3/8/2022 $0 0.1 Custom Built 2,795 0.38 5 4-
- 2 East Hallowell Lane 11/5/2008 $8,375,000 0.1 Custom Built 5,883 0.6 7 8-1
- 127 Cliff Road 9/23/2010 $2,980,000 0.1 Custom Built 3,860 0.54 6 6-1
- 125 Cliff Road 10/31/2007 $2,100,000 0.1 Custom Built 2,415 1.21 5 4-
- 20 Gosnold Road 10/2/2015 $10,575,000 0.1 Custom Built 8,497 0.73 7 7-4
- 15 Hinckley Lane 11/15/2016 $0 0.1 Cape Cod 1,574 0.49 4 1-1
- 114 Cliff Road 5/9/2013 $0 0.1 Ranch 1,700 0.59 3 2-
- 1 East Hallowell Lane 7/9/2012 $0 0.1 Conventional 1,274 0.33 2 2-
Averages 3724 days $2,634,091 0.08 --- 2,696 0.68 --- ---  
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
30 230 12 Hinckley Lane