3 Powderhouse Lane, Nantucket, MA 02554

3 Powderhouse Lane Nantucket MA 02554
Owner Information
Owner 1
3 Powderhouse Lane LLC
Owner 2
Owner's Address
105 Newbury St 4Th Fl Boston, MA 02116
Market Sale Information
Most recent sale date
11/1/2021
Previous sale date
12/16/2011
Transfer document #
1859-52
Previous transfer document
01305-0153
Grantor
Ruchard L Melville
Previous grantor
Sarah F Alger
Most recent sale price
$2,437,500.00
Previous sale price
$0.00
Site Information
Property ID
41-270
Lot Size
0.33
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1950
Number of full baths
2
Condition
Number of half baths
Finished Area
2268
Number of Kitchen
1
Gross Living Area
2930
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,034,400.00
Total value
$2,431,400.00
Building value
$1,397,000.00
Estimated tax
$7,610.00
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 3 Powderhouse Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,074.74 Style Ranch Age 1950 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2930 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.33 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,397,000.00 AEM Value - Land $1,034,400.00 AEM Value - Other $0.00 AEM Value - Total $2,431,400.00
A) 1 Walsh Street 0.6 4/18/2024 $4,950,000 2,237 2 $2212.78 Cape Cod 1913 4 3 1 2748 Forced Air-Duc 0.15 Wood Shingle $1,603,200 $2,337,000 $0 $3,940,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Powderhouse Lane 11/1/2021 $2,437,500 0 Ranch 2,268 0.33 3 2- -
  Criteria
A 1 Walsh Street 4/18/2024 $4,950,000 0.6 Cape Cod 2,237 0.15 4 3-1
Averages 73 days $4,950,000 0.57 --- 2,237 0.15 --- ---  

Estimation of Market Value - $4,036,559

As of today, 06/30/2024, the estimated market value of 3 Powderhouse Lane, Nantucket considering the above 1 comparable properties is $4,036,559.

 

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
@ 3 Powderhouse Lane 11/1/2021 $2,437,500 0 Ranch 2,268 0.33 3 2- -
  Criteria
A 45-A-B Vestal Street 3/16/2016 $2,250,000 0.0 Custom Built 2,407 0.47 4 4-1
B 34 North Liberty Street 3/17/1992 $150,000 0.0 Cape Cod 1,021 0.2 2 1-
C 7-A Grove Lane 4/15/2021 $1,800,000 0.0 Bungalow 596 0.12 2 1-
D 5 Grove Lane 11/30/1998 $0 0.0 Four Family 2,976 0.23 8 4-
E 9 Grove Lane 11/6/2012 $860,000 0.0 Colonial 2,658 0.14 4 4-1
F 32 North Liberty Street 1/5/2004 $965,000 0.0 Antique 1,404 0.1 3 3-1
G 30 North Liberty Street 11/22/2023 $2,150,000 0.0 Conventional 1,365 0.12 3 1-
H 3 Grove Lane 5/22/1998 $0 0.0 Family Conver. 2,172 0.14 5 2-
I 36 North Liberty Street $313,000 0.0 Conventional 1,386 0.14 4 2-
J 28 North Liberty Street 9/4/1984 $170,000 0.0 Conventional 1,486 0.12 3 3-
K 1 Franklin Street 5/20/2013 $0 0.0 Ranch 728 0.09 2 1-
L 29 North Liberty Street 1/15/2016 $1,700,000 0.0 Antique 2,513 0.14 3 2-
M 33 North Liberty Street 1/10/2011 $0 0.1 Colonial 2,898 0.17 3 2-1
N 27 New Lane $0 0.1 Vacant Land 2.35 -
O 38 North Liberty Street $0 0.1 Bungalow 1,110 0.23 2 1-
P 1 Grove Lane 9/29/2017 $1,625,000 0.1 Bungalow 2,373 0.13 5 2-
Q 3 Franklin Street-Lot 267 9/6/2007 $1,775,000 0.1 Cape Cod 1,702 0.12 2 4-1
R 27 North Liberty Street 8/8/2023 $2,495,000 0.1 Antique 1,181 0.27 2 2-
S 40 North Liberty Street 7/29/2008 $0 0.1 Conventional 1,461 0.09 4 2-
T 6 Grove Lane 2/2/2000 $1,300,000 0.1 Colonial 5,052 0.99 6 6-
U 24 North Liberty Street 12/24/1990 $350,000 0.1 Cape Cod 2,540 0.25 3 4-
V 42 North Liberty Street 7/3/2017 $0 0.1 Ranch 1,295 0.11 2 2-
W 4 Grove Lane 4/23/1993 $149,900 0.1 Colonial 3,426 0.71 3 2-1
X 8 Grove Lane 2/2/2000 $1,300,000 0.1 Vacant Land 0.32 -
Y 37 North Liberty Street-Lot 156 7/23/1999 $1,050,000 0.1 Colonial 2,727 0.29 5 3-
Z 5 Franklin Street 4/6/2017 $0 0.1 Cape Cod 1,635 0.12 4 2-1
- 37 North Liberty Street 8/2/2016 $0 0.1 Vacant Land 0.06 -
- 3 Franklin Street 5/9/2023 $3,350,000 0.1 Bungalow 920 0.12 3 2-
- 3 Woodbury Lane 8/8/2012 $0 0.1 Colonial 2,676 0.34 3 3-
- 44 North Liberty Street 1/7/2021 $1,863,000 0.1 Conventional 1,176 0.13 3 1-
- 10 Grove Lane $0 0.1 Vacant Land 1.01 -
- 5 Woodbury Lane 9/6/1991 $149,900 0.1 Colonial 3,040 0.2 3 4-
- 39 North Liberty Street 10/30/2018 $0 0.1 Antique 2,136 0.22 4 3-
- 17 North Liberty Street 3/23/1989 $195,000 0.1 Vacant Land 0.17 -
- 19 North Liberty Street 9/7/2001 $1,290,000 0.1 Vacant Land 0.24 -
- 41 North Liberty Street 4/20/2018 $2,075,000 0.1 Cape Cod 1,789 0.12 3 2-1
- 7 Woodbury Lane 7/30/2020 $0 0.1 Colonial 3,339 0.2 4 4-
- 46 North Liberty Street 4/6/2012 $820,000 0.1 Conventional 1,406 0.13 3 2-
- 44-R West Chester Street 10/29/1991 $0 0.1 Family Conver. 2,000 0.14 4 3-
- 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
- 43 North Liberty Street 9/19/2017 $1,150,000 0.1 Ranch 1,076 0.08 3 2-
- 9 Woodbury Lane 9/9/2022 $2,875,000 0.1 Colonial 3,040 0.2 4 4-1
- 42 West Chester Street 11/22/2022 $0 0.1 Conventional 2,787 0.19 3 3-
- 0 West Chester Street 1/19/2000 $0 0.1 Vacant Land 0.09 -
- 34 West Chester Street 11/13/2020 $3,700,000 0.1 Antique 2,683 2.76 5 4-1
- 15 North Liberty Street 3/20/2015 $4,100,000 0.1 Antique 3,549 0.11 4 4-1
- 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
- 40 West Chester Street 6/11/2010 $700,000 0.1 Colonial 1,560 0.09 4 2-
- 11 Woodbury Lane 6/20/2017 $3,575,000 0.1 Vacant Land 0.21 -
- 38 West Chester Street 12/28/2000 $0 0.1 Bungalow 1,394 0.15 2 2-
- 44 West Chester Street 10/29/1991 $0 0.1 Ranch 1,107 0.05 2 1-
- 45 North Liberty Street $175,000 0.1 Conventional 1,788 0.07 3 3-1
- 36 West Chester Street 8/17/2020 $4,725,000 0.1 Custom Built 3,849 0.25 5 5-1
- 2 Woodbury Lane 10/18/2013 $1,900,000 0.1 Colonial 2,473 0.21 3 3-1
- 46 West Chester Street 9/27/2021 $0 0.1 Family Conver. 2,231 0.22 4 2-
- 30 New Lane 8/31/1994 $0 0.1 Cape Cod 1,988 0.27 4 3-
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 4 Woodbury Lane 11/2/2017 $4,100,000 0.1 Colonial 4,354 0.22 4 5-1
- 6 Woodbury Lane 10/15/2021 $3,700,000 0.1 Antique 2,562 0.23 5 5-
- 21 Woodbury Lane 2/23/2022 $4,300,000 0.1 Colonial 3,388 0.32 4 3-
- 23 Woodbury Lane 3/3/1995 $335,000 0.1 Colonial 3,534 0.28 4 4-1
- 13 North Liberty Street 7/11/2017 $2,158,334 0.1 Colonial 2,064 0.29 3 3-
- 13 Woodbury Lane 8/27/2004 $2,125,000 0.1 Colonial 3,365 0.18 4 4-1
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 41 West Chester Street 6/28/1989 $0 0.1 Antique 2,539 0.12 2 3-
- 32 New Lane 10/2/2003 $1,225,000 0.1 Colonial 1,920 0.22 3 2-
- 8 Woodbury Lane 3/5/2021 $0 0.1 Colonial 3,366 0.24 5 4-1
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 16 North Liberty Street 10/6/1998 $625,000 0.1 Ranch 1,212 0.27 2 2-
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 37 West Chester Street 10/1/2021 $2,432,625 0.1 Ranch 1,885 0.16 3 3-1
- 6 Wesco Place 9/14/2000 $1,165,000 0.1 Colonial 2,304 0.39 4 2-1
- 1 Wyers Way 12/30/2010 $0 0.1 Vacant Land 0.17 -
- 10 Woodbury Lane 12/14/2017 $3,725,000 0.1 Custom Built 2,890 0.22 5 4-1
- 48 North Liberty Street 5/6/2021 $0 0.1 Colonial 1,912 0.12 3 2-1
- 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
- 48 West Chester Street 3/19/2018 $0 0.1 Conventional 1,903 0.13 3 2-
- 11 North Liberty Street 12/31/1985 $0 0.1 Cape Cod 1,182 0.29 1 1-1
- 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
Averages 5575 days $1,070,942 0.08 --- 1,972 0.31 --- ---  
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
41 270 3 Powderhouse Lane