7-A Grove Lane, Nantucket, MA 02554

7 A Grove Lane Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Ack Sunrise LLC
Owner 2
Owner's Address
43 Winter St Unit 8 Boston, MA 02108
Market Sale Information
Most recent sale date
4/15/2021
Previous sale date
12/16/2011
Transfer document #
1816-160
Previous transfer document
01305-0157
Grantor
Richard L Melville
Previous grantor
Sarah F Alger
Most recent sale price
$1,800,000.00
Previous sale price
$0.00
Site Information
Property ID
41-272
Lot Size
0.12
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Bungalow
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1960
Number of full baths
1
Condition
Number of half baths
Finished Area
596
Number of Kitchen
1
Gross Living Area
1266
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
$1,009,400.00
Total value
$2,276,700.00
Building value
$1,267,300.00
Estimated tax
$7,126.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7-A Grove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $3,020.13 Style Bungalow Age 1960 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 1266 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,267,300.00 AEM Value - Land $1,009,400.00 AEM Value - Other $0.00 AEM Value - Total $2,276,700.00
A) 7-A New Lane 0.2 6/24/2024 $4,575,000 560 1.75 $8169.64 Guest Quarters 2003 1 1 1078 Forced Air-Duc 0.16 Asph/F Gls/Cmp $2,674,500 $1,014,400 $0 $3,688,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7-A Grove Lane 4/15/2021 $1,800,000 0 Bungalow 596 0.12 2 1- -
  Criteria
A 7-A New Lane 6/24/2024 $4,575,000 0.2 Guest Quarters 560 0.16 1 1-
Averages 6 days $4,575,000 0.21 --- 560 0.16 --- ---  

Estimation of Market Value - $3,846,343

As of today, 06/30/2024, the estimated market value of 7-A Grove Lane, Nantucket considering the above 1 comparable properties is $3,846,343.

 

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
Mailing Labels
  • 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
@ 7-A Grove Lane 4/15/2021 $1,800,000 0 Bungalow 596 0.12 2 1- -
  Criteria
A 5 Grove Lane 11/30/1998 $0 0.0 Four Family 2,976 0.23 8 4-
B 3 Powderhouse Lane 11/1/2021 $2,437,500 0.0 Ranch 2,268 0.33 3 2-
C 9 Grove Lane 11/6/2012 $860,000 0.0 Colonial 2,658 0.14 4 4-1
D 45-A-B Vestal Street 3/16/2016 $2,250,000 0.0 Custom Built 2,407 0.47 4 4-1
E 34 North Liberty Street 3/17/1992 $150,000 0.0 Cape Cod 1,021 0.2 2 1-
F 3 Grove Lane 5/22/1998 $0 0.0 Family Conver. 2,172 0.14 5 2-
G 30 North Liberty Street 11/22/2023 $2,150,000 0.0 Conventional 1,365 0.12 3 1-
H 32 North Liberty Street 1/5/2004 $965,000 0.0 Antique 1,404 0.1 3 3-1
I 28 North Liberty Street 9/4/1984 $170,000 0.0 Conventional 1,486 0.12 3 3-
J 1 Grove Lane 9/29/2017 $1,625,000 0.0 Bungalow 2,373 0.13 5 2-
K 4 Grove Lane 4/23/1993 $149,900 0.0 Colonial 3,426 0.71 3 2-1
L 6 Grove Lane 2/2/2000 $1,300,000 0.0 Colonial 5,052 0.99 6 6-
M 24 North Liberty Street 12/24/1990 $350,000 0.0 Cape Cod 2,540 0.25 3 4-
N 8 Grove Lane 2/2/2000 $1,300,000 0.1 Vacant Land 0.32 -
O 29 North Liberty Street 1/15/2016 $1,700,000 0.1 Antique 2,513 0.14 3 2-
P 36 North Liberty Street $313,000 0.1 Conventional 1,386 0.14 4 2-
Q 3 Woodbury Lane 8/8/2012 $0 0.1 Colonial 2,676 0.34 3 3-
R 5 Woodbury Lane 9/6/1991 $149,900 0.1 Colonial 3,040 0.2 3 4-
S 27 North Liberty Street 8/8/2023 $2,495,000 0.1 Antique 1,181 0.27 2 2-
T 27 New Lane $0 0.1 Vacant Land 2.35 -
U 1 Franklin Street 5/20/2013 $0 0.1 Ranch 728 0.09 2 1-
V 33 North Liberty Street 1/10/2011 $0 0.1 Colonial 2,898 0.17 3 2-1
W 7 Woodbury Lane 7/30/2020 $0 0.1 Colonial 3,339 0.2 4 4-
X 10 Grove Lane $0 0.1 Vacant Land 1.01 -
Y 38 North Liberty Street $0 0.1 Bungalow 1,110 0.23 2 1-
Z 17 North Liberty Street 3/23/1989 $195,000 0.1 Vacant Land 0.17 -
- 9 Woodbury Lane 9/9/2022 $2,875,000 0.1 Colonial 3,040 0.2 4 4-1
- 19 North Liberty Street 9/7/2001 $1,290,000 0.1 Vacant Land 0.24 -
- 3 Franklin Street-Lot 267 9/6/2007 $1,775,000 0.1 Cape Cod 1,702 0.12 2 4-1
- 11 Woodbury Lane 6/20/2017 $3,575,000 0.1 Vacant Land 0.21 -
- 40 North Liberty Street 7/29/2008 $0 0.1 Conventional 1,461 0.09 4 2-
- 42 North Liberty Street 7/3/2017 $0 0.1 Ranch 1,295 0.11 2 2-
- 37 North Liberty Street-Lot 156 7/23/1999 $1,050,000 0.1 Colonial 2,727 0.29 5 3-
- 37 North Liberty Street 8/2/2016 $0 0.1 Vacant Land 0.06 -
- 15 North Liberty Street 3/20/2015 $4,100,000 0.1 Antique 3,549 0.11 4 4-1
- 2 Woodbury Lane 10/18/2013 $1,900,000 0.1 Colonial 2,473 0.21 3 3-1
- 5 Franklin Street 4/6/2017 $0 0.1 Cape Cod 1,635 0.12 4 2-1
- 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
- 4 Woodbury Lane 11/2/2017 $4,100,000 0.1 Colonial 4,354 0.22 4 5-1
- 3 Franklin Street 5/9/2023 $3,350,000 0.1 Bungalow 920 0.12 3 2-
- 21 Woodbury Lane 2/23/2022 $4,300,000 0.1 Colonial 3,388 0.32 4 3-
- 6 Woodbury Lane 10/15/2021 $3,700,000 0.1 Antique 2,562 0.23 5 5-
- 23 Woodbury Lane 3/3/1995 $335,000 0.1 Colonial 3,534 0.28 4 4-1
- 13 Woodbury Lane 8/27/2004 $2,125,000 0.1 Colonial 3,365 0.18 4 4-1
- 44 North Liberty Street 1/7/2021 $1,863,000 0.1 Conventional 1,176 0.13 3 1-
- 39 North Liberty Street 10/30/2018 $0 0.1 Antique 2,136 0.22 4 3-
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 8 Woodbury Lane 3/5/2021 $0 0.1 Colonial 3,366 0.24 5 4-1
- 41 North Liberty Street 4/20/2018 $2,075,000 0.1 Cape Cod 1,789 0.12 3 2-1
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 13 North Liberty Street 7/11/2017 $2,158,334 0.1 Colonial 2,064 0.29 3 3-
- 10 Woodbury Lane 12/14/2017 $3,725,000 0.1 Custom Built 2,890 0.22 5 4-1
- 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-
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 16 North Liberty Street 10/6/1998 $625,000 0.1 Ranch 1,212 0.27 2 2-
- 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
- 34 West Chester Street 11/13/2020 $3,700,000 0.1 Antique 2,683 2.76 5 4-1
- 43 North Liberty Street 9/19/2017 $1,150,000 0.1 Ranch 1,076 0.08 3 2-
- 15 Woodbury Lane 12/22/2023 $5,845,000 0.1 Colonial 3,672 0.19 4 4-1
- 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
- 12 Woodbury Lane 2/9/1996 $465,000 0.1 Guest Quarters 768 0.21 2 2-
- 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 -
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
- 40 West Chester Street 6/11/2010 $700,000 0.1 Colonial 1,560 0.09 4 2-
- 11 North Liberty Street 12/31/1985 $0 0.1 Cape Cod 1,182 0.29 1 1-1
- 38 West Chester Street 12/28/2000 $0 0.1 Bungalow 1,394 0.15 2 2-
- 0 Woodbury Lane-Rear 7/8/1993 $1 0.1 Vacant Land 1.99 -
- 36 West Chester Street 8/17/2020 $4,725,000 0.1 Custom Built 3,849 0.25 5 5-1
- 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
- 30 New Lane 8/31/1994 $0 0.1 Cape Cod 1,988 0.27 4 3-
- 46 West Chester Street 9/27/2021 $0 0.1 Family Conver. 2,231 0.22 4 2-
- 14 Woodbury Lane 2/1/1993 $245,000 0.1 Colonial 4,870 0.22 4 3-
- 9 North Liberty Street 12/17/2012 $0 0.1 Custom Built 2,917 0.32 4 4-1
Averages 5719 days $1,129,536 0.08 --- 2,042 0.35 --- ---  
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
41 272 7-A Grove Lane