8 Grove Lane, Nantucket, MA 02554

Owner Information
Owner 1
Balzo Ludovico Del
Owner 2
Owner's Address
23 Pelham Crescent London, SW7 2NR
Market Sale Information
Most recent sale date
2/2/2000
Previous sale date
05/18/1987
Transfer document #
00650-0280
Previous transfer document
00275-0056
Grantor
Louis S Davidson
Previous grantor
Most recent sale price
$1,300,000.00
Previous sale price
$1.00
Site Information
Property ID
41-162-1
Lot Size
0.32
Use Code
130 - Land, developable
Zoning
R1
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2025
Land Value
$333,100.00
Total value
$333,100.00
Building value
$0.00
Estimated tax
$1,092.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
8 Grove Lane85 Vestal Street27 Cato Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 8 Grove Lane A) 85 Vestal StreetB) 27 Cato Lane
Photo
Plan
Map
Proximity 0.60.8
Last Sold 12/19/20243/27/2025
Price $2,850,000$3,595,695
Net Living Area
Stories
Sale Price/sft ---
Style Vacant LandVacant LandVacant Land
Age
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area
Heating Fuel
Detached Garage
Lot Size 0.320.460.51
Roof Cover
AEM Value - Building $0.00$0$1,572,300
AEM Value - Land $333,100.00$1,760,700$1,114,500
AEM Value - Other $0.00$0$0
AEM Value - Total $333,100.00$1,760,700$2,686,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Grove Lane 2/2/2000 $1,300,000 0 Vacant Land 0.32 - -
  Criteria
A 85 Vestal Street 12/19/2024 $2,850,000 0.6 Vacant Land 0.46 -
B 27 Cato Lane 3/27/2025 $3,595,695 0.8 Vacant Land 0.51 -
Averages 56 days $3,222,848 0.72 --- 0.48 --- ---  

Estimation of Market Value - $482,757

As of today, 04/02/2025, the estimated market value of 8 Grove Lane, Nantucket considering the above 2 comparable properties is $482,757.

 

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
Subject Property8 Grove Lane5 Grove Lane25 New Lane10 Grove Lane27 New Lane1 Franklin Street3 Grove Lane38 North Liberty Street9 Grove Lane34 North Liberty Street42 North Liberty Street37 Woodbury Lane7-A Grove Lane30 North Liberty Street12 Lowell Place3 Franklin Street-Lot 26736 North Liberty Street14 Lowell Place3 Powderhouse Lane32 North Liberty Street33 North Liberty Street31 Woodbury Lane20 Woodbury Lane18 Woodbury Lane34 Woodbury Lane6 Grove Lane33 Woodbury Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Grove Lane 2/2/2000 $1,300,000 0 Vacant Land 0.32 - -
  Criteria
A 6 Grove Lane 2/2/2000 $1,300,000 0.0 Colonial 5,052 0.99 6 6-
B 10 Grove Lane $0 0.0 Vacant Land 1.01 -
C 4 Grove Lane 4/23/1993 $149,900 0.0 Colonial 3,426 0.71 3 2-1
D 9 Grove Lane 11/6/2012 $860,000 0.0 Colonial 2,658 0.14 4 4-1
E 25 Woodbury Lane 1/26/1995 $331,500 0.0 Colonial 3,753 0.25 4 6-
F 23 Woodbury Lane 3/3/1995 $335,000 0.0 Colonial 3,534 0.28 4 4-1
G 27 Woodbury Lane 9/6/2011 $0 0.0 Colonial 2,816 0.25 5 3-1
H 21 Woodbury Lane 2/23/2022 $4,300,000 0.0 Colonial 3,388 0.32 4 3-
I 11 Woodbury Lane 6/20/2017 $3,575,000 0.1 Vacant Land 0.21 -
J 7-A Grove Lane 4/15/2021 $1,800,000 0.1 Bungalow 596 0.12 2 1-
K 9 Woodbury Lane 9/9/2022 $2,875,000 0.1 Colonial 3,040 0.2 4 4-1
L 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
M 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
N 7 Woodbury Lane 7/30/2020 $0 0.1 Colonial 3,339 0.2 4 4-
O 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
P 13 Woodbury Lane 8/27/2004 $2,125,000 0.1 Colonial 3,365 0.18 4 4-1
Q 5 Grove Lane 11/30/1998 $0 0.1 Four Family 2,976 0.23 8 4-
R 5 Woodbury Lane 9/6/1991 $149,900 0.1 Colonial 3,040 0.2 3 4-
S 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
T 3 Powderhouse Lane 11/1/2021 $2,437,500 0.1 Ranch 2,268 0.33 3 2-
U 45-A-B Vestal Street 10/24/2024 $2,750,000 0.1 Custom Built 2,407 0.47 4 4-1
V 24 North Liberty Street 12/24/1990 $350,000 0.1 Cape Cod 2,540 0.25 3 4-
W 15 Woodbury Lane 12/22/2023 $5,845,000 0.1 Colonial 3,672 0.19 4 4-1
X 3 Grove Lane 5/22/1998 $0 0.1 Family Conver. 2,172 0.14 5 2-
Y 3 Woodbury Lane 8/8/2012 $0 0.1 Colonial 2,676 0.34 3 3-
Z 27 New Lane $0 0.1 Vacant Land 2.35 -
- 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
- 34 North Liberty Street 3/17/1992 $150,000 0.1 Cape Cod 1,021 0.2 2 1-
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 30 North Liberty Street 11/22/2023 $2,150,000 0.1 Conventional 1,365 0.12 3 1-
- 10 Woodbury Lane 12/14/2017 $3,725,000 0.1 Custom Built 2,890 0.22 5 4-1
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 28 North Liberty Street 9/4/1984 $170,000 0.1 Conventional 1,486 0.12 3 3-
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 8 Woodbury Lane 3/5/2021 $0 0.1 Colonial 3,366 0.24 5 4-1
- 12 Woodbury Lane 2/9/1996 $465,000 0.1 Guest Quarters 768 0.21 2 2-
- 22 Woodbury Lane 5/1/2014 $2,325,000 0.1 Colonial 2,106 0.15 4 2-1
- 1 Grove Lane 9/29/2017 $1,625,000 0.1 Bungalow 2,373 0.13 5 2-
- 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
- 20 Woodbury Lane 10/9/2012 $2,650,000 0.1 Colonial 2,600 0.11 5 4-
- 32 North Liberty Street 1/5/2004 $965,000 0.1 Antique 1,404 0.1 3 3-1
- 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
- 6 Woodbury Lane 10/15/2021 $3,700,000 0.1 Antique 2,562 0.23 5 5-
- 2 Mayhew Lane 10/5/2022 $4,170,000 0.1 Colonial 2,715 0.14 4 3-1
- 14 Woodbury Lane 2/1/1993 $245,000 0.1 Colonial 4,870 0.22 4 3-
- 18 Woodbury Lane 3/20/2000 $0 0.1 Colonial 2,824 0.11 4 4-1
- 22 New Lane 6/30/2017 $2,237,500 0.1 Colonial 3,064 0.12 5 4-1
- 4 Woodbury Lane 11/2/2017 $4,100,000 0.1 Colonial 4,354 0.22 4 5-1
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 16 Woodbury Lane 9/5/1990 $195,000 0.1 Cape Cod 1,305 0.12 1 2-
- 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
- 2 Woodbury Lane 10/18/2013 $1,900,000 0.1 Colonial 2,473 0.21 3 3-1
- 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 0 Woodbury Lane-Rear 7/8/1993 $1 0.1 Vacant Land 1.99 -
- 17 North Liberty Street 3/23/1989 $195,000 0.1 Vacant Land 0.17 -
- 29 North Liberty Street 1/15/2016 $1,700,000 0.1 Antique 2,513 0.14 3 2-
- 1 Franklin Street 5/20/2013 $0 0.1 Ranch 728 0.09 2 1-
- 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
- 36 North Liberty Street $313,000 0.1 Conventional 1,386 0.14 4 2-
- 14 Lowell Place 9/9/2022 $0 0.1 Guest Quarters 3,195 0.12 1 3-1
- 16 Grove Lane 4/2/2010 $0 0.1 Cape Cod 1,232 0.5 3 2-
- 27 North Liberty Street 8/8/2023 $2,495,000 0.1 Antique 1,181 0.27 2 2-
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
- 19 North Liberty Street 9/7/2001 $1,290,000 0.1 Vacant Land 0.24 -
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 3 Franklin Street-Lot 267 9/6/2007 $1,775,000 0.1 Cape Cod 1,702 0.12 2 4-1
- 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
- 12 Lowell Place 7/31/2020 $898,000 0.1 Ranch 1,762 0.31 2 2-
- 38 North Liberty Street $0 0.1 Bungalow 1,110 0.23 2 1-
- 33 North Liberty Street 1/10/2011 $0 0.1 Colonial 2,898 0.17 3 2-1
- 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
- 15 North Liberty Street 3/20/2015 $4,100,000 0.1 Antique 3,549 0.11 4 4-1
- 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
- 16 North Liberty Street 10/6/1998 $625,000 0.1 Ranch 1,212 0.27 2 2-
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 5 Franklin Street 4/6/2017 $0 0.1 Cape Cod 1,635 0.12 4 2-1
- 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
- 42 North Liberty Street 7/3/2017 $0 0.1 Ranch 1,295 0.11 2 2-
Averages 5565 days $1,290,074 0.09 --- 2,303 0.3 --- ---  
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
41 162 1 8 Grove Lane