7-A New Lane, Nantucket, MA 02554

Owner Information
Owner 1
Steven L Cohen
Owner 2
7A New Lane Realty Trust
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
6/24/2024
Previous sale date
10/18/2022
Transfer document #
1978-330
Previous transfer document
1915-309
Grantor
American Trust Company
Previous grantor
Thomas G Young
Most recent sale price
$4,575,000.00
Previous sale price
$4,050,000.00
Site Information
Property ID
41-285-1
Lot Size
0.16
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Guest Quarters
Number of Rooms
Stories
1.75
Number of Beds
1
Year Built
2003
Number of full baths
1
Condition
Number of half baths
Finished Area
560
Number of Kitchen
Gross Living Area
1078
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Concr Abv Grad
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
$1,014,400.00
Total value
$3,688,900.00
Building value
$2,674,500.00
Estimated tax
$11,546.00
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 7-A New Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $8,169.64 Style Guest Quarters Age 2003 Rooms Bedrooms 1 Full baths 1 Half baths Gross Living Area 1078 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,674,500.00 AEM Value - Land $1,014,400.00 AEM Value - Other $0.00 AEM Value - Total $3,688,900.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7-A New Lane 6/24/2024 $4,575,000 0 Guest Quarters 560 0.16 1 1- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 7-A New Lane 6/24/2024 $4,575,000 0 Guest Quarters 560 0.16 1 1- -
  Criteria
A 7 New Lane 10/30/2015 $3,200,000 0.0 Custom Built 4,034 0.21 5 5-2
B 5 New Lane 3/27/2020 $1,900,000 0.0 Cape Cod 2,374 0.16 3 2-2
C 9 New Lane 6/22/1993 $0 0.0 Ranch 1,303 0.21 2 2-
D 3 New Lane $0 0.0 Gar/Apt Res 897 0.17 2 1-
E 4 Barnabas Lane 12/15/2000 $1,575,000 0.0 Colonial 2,687 0.17 5 4-1
F 6 Barnabas Lane 2/3/2022 $0 0.0 Colonial 4,690 0.18 6 5-1
G 6 New Lane 11/10/2021 $4,800,000 0.0 Custom Built 3,485 0.12 3 5-1
H 11 New Lane 4/21/2000 $0 0.0 Cape Cod 1,170 0.21 2 0-
I 8 Barnabas Lane 10/15/2009 $1,100,000 0.0 Vacant Land 0.18 -
J 4 New Lane 12/12/1990 $200,000 0.0 Conventional 3,460 0.41 5 2-1
K 8 New Lane 1/29/2021 $3,200,000 0.0 Colonial 2,633 0.46 5 4-1
L 164 Main Street 8/21/2020 $1,400,000 0.0 Antique 2,332 0.08 4 4-
M 10 Barnabas Lane 6/15/2011 $2,675,000 0.0 Colonial 3,082 0.17 3 3-1
N 6-R New Lane 11/5/2021 $2,537,500 0.0 Colonial 1,792 0.12 3 2-1
O 13 New Lane 12/15/2014 $2,580,000 0.0 Colonial 4,423 0.23 5 5-1
P 10 New Lane 11/15/2021 $0 0.0 Colonial 2,112 0.46 3 3-
Q 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
R 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
S 162 Main Street 6/7/2021 $0 0.1 Bungalow 842 0.12 2 1-
T 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
U 3 Madaket Road 7/30/2018 $1,250,000 0.1 Antique 1,242 0.11 3 1-2
V 16 New Lane 9/15/2021 $0 0.1 Colonial 2,735 0.16 4 3-1
W 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
X 5 Madaket Road 9/11/2007 $0 0.1 Cape Cod 1,287 0.2 2 1-
Y 9 Madaket Road 9/7/2021 $2,750,000 0.1 Colonial 1,944 0.54 4 2-
Z 160 Main Street 5/27/2015 $850,000 0.1 Antique 1,600 0.09 4 2-
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 153 Main Street 3/31/2016 $2,000,000 0.1 Antique 4,896 0.23 6 6-1
- 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
- 7 Madaket Road 8/1/2014 $860,000 0.1 Cape Cod 1,669 0.18 2 2-
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
- 158 Main Street 4/25/2002 $638,000 0.1 Antique 1,655 0.14 3 2-
- 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
- 13 Madaket Road 1/22/2022 $0 0.1 Colonial 2,482 0.15 3 3-1
- 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
- 8 Lowell Place 7/17/2018 $100 0.1 Antique 776 0.33 1 2-
- 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
- 4 Lowell Place 6/24/2013 $0 0.1 Colonial 1,730 0.09 4 5-
- 4 Madaket Road 10/10/2014 $1,537,500 0.1 Conventional 2,165 0.12 4 3-1
- 6 Lowell Place 7/17/2018 $100 0.1 Cape Cod 962 0.08 3 1-1
- 149 Main Street 5/17/2024 $4,225,000 0.1 Conventional 1,698 0.14 3 1-1
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 2 Madaket Road 12/30/1985 $0 0.1 Churches 1,344 0.16 0 0-
- 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 12 Lowell Place 7/31/2020 $898,000 0.1 Ranch 1,762 0.31 2 2-
- 0 Winn Street 4/27/2018 $1,775,000 0.1 Cape Cod 3,189 0.15 5 5-1
- 10 Lowell Place 11/3/1998 $275,000 0.1 Conventional 1,835 0.12 3 2-
- 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 3 Lowell Place 5/26/2023 $2,600,000 0.1 Colonial 1,190 0.05 3 3-1
- 156 Main Street 4/15/2005 $1,000,000 0.1 Antique 1,554 0.08 3 2-
- 147 Main Street 12/16/2020 $0 0.1 Antique 1,485 0.07 3 2-1
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
- 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
- 22 Woodbury Lane 5/1/2014 $2,325,000 0.1 Colonial 2,106 0.15 4 2-1
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 145 Main Street 4/14/2022 $0 0.1 Antique 5,601 0.24 5 6-1
- 14 Lowell Place 9/9/2022 $0 0.1 Guest Quarters 3,195 0.12 1 3-1
- 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
- 154 Main Street 9/25/2001 $468,750 0.1 Antique 2,158 0.09 4 3-
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 1 Hedgebury Lane 10/25/2019 $0 0.1 Ranch 1,188 0.53 4 3-
- 22 New Lane 6/30/2017 $2,237,500 0.1 Colonial 3,064 0.12 5 4-1
- 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
- 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 20 Woodbury Lane 10/9/2012 $2,650,000 0.1 Colonial 2,600 0.11 5 4-
- 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
- 152 Main Street 10/7/2022 $2,291,250 0.1 Antique 1,610 0.14 3 2-
- 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 2 Winn Street 10/21/2021 $6,250,000 0.1 Custom Built 3,950 0.19 5 5-1
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 18 Woodbury Lane 3/20/2000 $0 0.1 Colonial 2,824 0.11 4 4-1
- 150 Main Street 11/25/2015 $1,900,000 0.1 Conventional 1,056 0.11 3 3-1
- 2 Mayhew Lane 10/5/2022 $4,170,000 0.1 Colonial 2,715 0.14 4 3-1
- 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
- 1 Quaker Road $0 0.1 Vacant Land 4.69 -
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
Averages 4145 days $1,363,860 0.08 --- 2,402 0.28 --- ---  
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
41 285 1 7-A New Lane