6 New Lane, Nantucket, MA 02554

6 New Lane Nantucket MA 02554
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Owner Information
Owner 1
6 N Lane LLC
Owner 2
Owner's Address
309 Hollow Tree Ridge Rd Darien, CT 06820
Market Sale Information
Most recent sale date
11/10/2021
Previous sale date
03/05/2021
Transfer document #
1863-
Previous transfer document
1807-60
Grantor
6 New Lane LLC
Previous grantor
Peter M Sullivan
Most recent sale price
$4,800,000.00
Previous sale price
$3,675,000.00
Site Information
Property ID
41-294
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Custom Built
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1940
Number of full baths
5
Condition
Number of half baths
1
Finished Area
3485
Number of Kitchen
1
Gross Living Area
4334
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Cust Wd Panel
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Air-No Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,009,600.00
Total value
$5,296,000.00
Building value
$4,286,400.00
Estimated tax
$16,576.00
Yard improvement value
$0.00
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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 6 New Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,377.33 Style Custom Built Age 1940 Rooms Bedrooms 3 Full baths 5 Half baths 1 Gross Living Area 4334 Heating Fuel Hot Air-No Duc Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $4,286,400.00 AEM Value - Land $1,009,600.00 AEM Value - Other $0.00 AEM Value - Total $5,296,000.00
A) 20 West Chester Street 0.4 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
B) 45 Fair Street 0.6 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 New Lane 11/10/2021 $4,800,000 0 Custom Built 3,485 0.12 3 5-1 -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.4 Custom Built 3,287 0.28 4 4-2
B 45 Fair Street 5/8/2024 $4,800,000 0.6 Custom Built 2,854 0.07 4 4-1
Averages 31 days $5,897,500 0.52 --- 3,071 0.18 --- ---  

Estimation of Market Value - $6,415,583

As of today, 06/27/2024, the estimated market value of 6 New Lane, Nantucket considering the above 2 comparable properties is $6,415,583.

 

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
@ 6 New Lane 11/10/2021 $4,800,000 0 Custom Built 3,485 0.12 3 5-1 -
  Criteria
A 4 New Lane 12/12/1990 $200,000 0.0 Conventional 3,460 0.41 5 2-1
B 5 New Lane 3/27/2020 $1,900,000 0.0 Cape Cod 2,374 0.16 3 2-2
C 6-R New Lane 11/5/2021 $2,537,500 0.0 Colonial 1,792 0.12 3 2-1
D 7-A New Lane 6/24/2024 $4,575,000 0.0 Guest Quarters 560 0.16 1 1-
E 8 New Lane 1/29/2021 $3,200,000 0.0 Colonial 2,633 0.46 5 4-1
F 9 Madaket Road 9/7/2021 $2,750,000 0.0 Colonial 1,944 0.54 4 2-
G 7 New Lane 10/30/2015 $3,200,000 0.0 Custom Built 4,034 0.21 5 5-2
H 3 New Lane $0 0.0 Gar/Apt Res 897 0.17 2 1-
I 5 Madaket Road 9/11/2007 $0 0.0 Cape Cod 1,287 0.2 2 1-
J 164 Main Street 8/21/2020 $1,400,000 0.0 Antique 2,332 0.08 4 4-
K 7 Madaket Road 8/1/2014 $860,000 0.0 Cape Cod 1,669 0.18 2 2-
L 9 New Lane 6/22/1993 $0 0.0 Ranch 1,303 0.21 2 2-
M 13 Madaket Road 1/22/2022 $0 0.0 Colonial 2,482 0.15 3 3-1
N 10 New Lane 11/15/2021 $0 0.0 Colonial 2,112 0.46 3 3-
O 4 Barnabas Lane 12/15/2000 $1,575,000 0.0 Colonial 2,687 0.17 5 4-1
P 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
Q 3 Madaket Road 7/30/2018 $1,250,000 0.1 Antique 1,242 0.11 3 1-2
R 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
S 6 Barnabas Lane 2/3/2022 $0 0.1 Colonial 4,690 0.18 6 5-1
T 11 New Lane 4/21/2000 $0 0.1 Cape Cod 1,170 0.21 2 0-
U 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
V 162 Main Street 6/7/2021 $0 0.1 Bungalow 842 0.12 2 1-
W 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
X 8 Barnabas Lane 10/15/2009 $1,100,000 0.1 Vacant Land 0.18 -
Y 160 Main Street 5/27/2015 $850,000 0.1 Antique 1,600 0.09 4 2-
Z 4 Madaket Road 10/10/2014 $1,537,500 0.1 Conventional 2,165 0.12 4 3-1
- 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
- 16 New Lane 9/15/2021 $0 0.1 Colonial 2,735 0.16 4 3-1
- 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
- 2 Madaket Road 12/30/1985 $0 0.1 Churches 1,344 0.16 0 0-
- 0 Winn Street 4/27/2018 $1,775,000 0.1 Cape Cod 3,189 0.15 5 5-1
- 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 158 Main Street 4/25/2002 $638,000 0.1 Antique 1,655 0.14 3 2-
- 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
- 153 Main Street 3/31/2016 $2,000,000 0.1 Antique 4,896 0.23 6 6-1
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
- 1 Hedgebury Lane 10/25/2019 $0 0.1 Ranch 1,188 0.53 4 3-
- 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
- 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 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-
- 149 Main Street 5/17/2024 $4,225,000 0.1 Conventional 1,698 0.14 3 1-1
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 4 Lowell Place 6/24/2013 $0 0.1 Colonial 1,730 0.09 4 5-
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 2 Winn Street 10/21/2021 $6,250,000 0.1 Custom Built 3,950 0.19 5 5-1
- 6 Lowell Place 7/17/2018 $100 0.1 Cape Cod 962 0.08 3 1-1
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
- 156 Main Street 4/15/2005 $1,000,000 0.1 Antique 1,554 0.08 3 2-
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 7 Hedgebury Lane 9/6/2012 $1,250,000 0.1 Custom Built 4,575 0.46 3 5-1
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
- 10 Lowell Place 11/3/1998 $275,000 0.1 Conventional 1,835 0.12 3 2-
- 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
- 12 Lowell Place 7/31/2020 $898,000 0.1 Ranch 1,762 0.31 2 2-
- 147 Main Street 12/16/2020 $0 0.1 Antique 1,485 0.07 3 2-1
- 3 Lowell Place 5/26/2023 $2,600,000 0.1 Colonial 1,190 0.05 3 3-1
- 154 Main Street 9/25/2001 $468,750 0.1 Antique 2,158 0.09 4 3-
- 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
- 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
- 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
- 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
- 145 Main Street 4/14/2022 $0 0.1 Antique 5,601 0.24 5 6-1
- 9 Hedgebury Lane 6/3/2016 $3,735,000 0.1 Custom Built 4,231 0.46 5 5-1
- 1 Quaker Road $0 0.1 Vacant Land 4.69 -
Averages 4198 days $1,405,243 0.08 --- 2,318 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
41 294 6 New Lane