29 Lincoln Avenue, Nantucket, MA 02554

29 Lincoln Avenue Nantucket MA 02554
Owner Information
Owner 1
Sound View Mangmnt LLC
Owner 2
C/O Athena Capital Advisors
Owner's Address
55 Old Bedford Rd Ste 302 Lincoln, MA 01773
Market Sale Information
Most recent sale date
11/29/2012
Previous sale date
09/11/1995
Transfer document #
C0024511-
Previous transfer document
C0016-0959
Grantor
Norman Hillman
Previous grantor
George H Spencer
Most recent sale price
$18,250,000.00
Previous sale price
$2,600,000.00
Site Information
Property ID
30-40
Lot Size
1.66
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Custom Built
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1996
Number of full baths
6
Condition
Number of half baths
Finished Area
4834
Number of Kitchen
1
Gross Living Area
7276
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
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
$23,076,100.00
Total value
$30,606,600.00
Building value
$7,530,500.00
Estimated tax
$95,798.00
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 29 Lincoln Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $3,775.34 Style Custom Built Age 1996 Rooms Bedrooms 5 Full baths 6 Half baths Gross Living Area 7276 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.66 Roof Cover Wood Shingle AEM Value - Building $7,530,500.00 AEM Value - Land $23,076,100.00 AEM Value - Other $0.00 AEM Value - Total $30,606,600.00
A) 8 Jefferson Avenue 0.3 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 0.5 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 29 Lincoln Avenue 11/29/2012 $18,250,000 0 Custom Built 4,834 1.66 5 6- -
  Criteria
A 8 Jefferson Avenue 9/11/2024 $8,850,000 0.3 Colonial 4,286 0.37 4 4-1
B 33 Cliff Road 9/16/2024 $13,950,000 0.5 Colonial 5,863 0.62 5 8-
Averages 15 days $11,400,000 0.37 --- 5,075 0.5 --- ---  

Estimation of Market Value - $25,072,997

As of today, 09/28/2024, the estimated market value of 29 Lincoln Avenue, Nantucket considering the above 2 comparable properties is $25,072,997.

 

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
@ 29 Lincoln Avenue 11/29/2012 $18,250,000 0 Custom Built 4,834 1.66 5 6- -
  Criteria
A 25 Lincoln Avenue 8/28/2012 $18,500,000 0.0 Custom Built 5,876 0.79 5 6-2
B 3 Sherburne Way 5/30/2024 $8,000,000 0.0 Ranch 4,626 2.39 5 4-
C 23 Lincoln Avenue 9/24/2019 $0 0.1 Custom Built 5,678 1.19 5 4-1
D 5 Sherburne Way 9/18/2020 $21,000,000 0.1 Custom Built 6,799 2.16 3 4-1
E 21 Lincoln Avenue 4/15/2022 $36,000,000 0.1 Antique 4,903 1.22 8 7-2
F 3 Sherburne Turnpike 10/8/2020 $7,750,000 0.1 Custom Built 4,416 0.26 5 6-
G 1 Sherburne Turnpike 6/23/2014 $0 0.1 Custom Built 4,041 0.26 5 4-1
H 1 Indian Avenue 5/1/2015 $6,528,875 0.1 Custom Built 3,866 0.26 5 4-
I 5 Sherburne Turnpike 12/14/2018 $8,400,000 0.1 Custom Built 3,968 0.23 4 2-1
J 7 Sherburne Turnpike 2/9/2021 $7,000,000 0.1 Colonial 2,828 0.42 4 3-1
K 20 Lincoln Avenue 10/14/2011 $5,995,000 0.1 Antique 4,172 0.18 5 5-1
L 19 Lincoln Avenue 3/18/1994 $2,140,000 0.1 Mansion 7,286 0.93 5 5-1
M 11 Capaum Road 3/26/2020 $0 0.1 Colonial 1,560 0.14 3 2-1
N 9 Sherburne Turnpike 8/31/2021 $6,500,000 0.1 Colonial 2,314 0.28 4 4-
O 11 Sherburne Turnpike 5/13/2016 $12,600,000 0.1 Vacant Land 0.76 -
P 4 Sherburne Turnpike 9/7/2000 $0 0.1 Conventional 2,545 0.25 4 2-1
Q 17 Lincoln Avenue 10/29/2020 $14,875,000 0.1 Custom Built 8,324 0.59 5 8-3
R 2 Sherburne Turnpike 4/7/1994 $0 0.1 Colonial 2,864 0.41 4 3-1
S 16 Lincoln Avenue 9/22/2020 $15,200,000 0.1 Custom Built 6,613 0.32 6 6-2
T 6 Sherburne Turnpike 12/17/2021 $16,900,000 0.1 Custom Built 5,572 0.2 5 4-3
U 46 Jefferson Avenue $0 0.1 Hotel 4,605 2.66 0 4-
V 8 Sherburne Turnpike 12/17/2021 $16,900,000 0.1 Cape Cod 2,360 0.26 2 2-1
W 10 Sherburne Turnpike 11/23/1993 $575,000 0.1 Cape Cod 2,224 0.17 3 2-1
X 10 Sherburne Turnpike Unit 1 8/28/2008 $3,300,000 0.1 Colonial 2,240 0.16 4 3-1
Y 12 Capaum Road 12/14/2009 $0 0.1 Custom Built 5,635 0.28 5 5-2
Averages 3747 days $8,326,555 0.09 --- 4,213 0.67 --- ---  
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 40 29 Lincoln Avenue