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
2024
Land Value
$362,000.00
Total value
$362,000.00
Building value
$0.00
Estimated tax
$1,133.00
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 8 Grove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 0.32 Roof Cover AEM Value - Building $0.00 AEM Value - Land $362,000.00 AEM Value - Other $0.00 AEM Value - Total $362,000.00
A) 158 Cliff Road 0.9 2/16/2024 $376,561 - Vacant Land 0.88 $0 $2,426,300 $0 $2,426,300
# 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 158 Cliff Road 2/16/2024 $376,561 0.9 Vacant Land 0.88 -
Averages 133 days $376,561 0.88 --- 0.88 --- ---  

Estimation of Market Value - $56,182

As of today, 06/27/2024, the estimated market value of 8 Grove Lane, Nantucket considering the above 1 comparable properties is $56,182.

 

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
@ 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 3/16/2016 $2,250,000 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 5328 days $1,283,824 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