20 New Lane, Nantucket, MA 02554

Owner Information
Owner 1
Michael S Young
Owner 2
Molly E Young
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
1/17/2024
Previous sale date
6/30/2008
Transfer document #
1965-250
Previous transfer document
01144-0089
Grantor
William G Cooling
Previous grantor
Mark D Madoff
Most recent sale price
$4,350,000.00
Previous sale price
$2,300,000.00
Site Information
Property ID
41-396-1
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
4
Year Built
1998
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2247
Number of Kitchen
1
Gross Living Area
4196
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$936,900.00
Total value
$3,093,900.00
Building value
$2,157,000.00
Estimated tax
$10,147.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property1 Pinkham Circle48 Meadow View Drive24 Meadow View Drive2 Wamasquid Place40 Walsh Street20 New Lane17 Lily Street87 Main Street2 Brocks Court21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
Address 20 New Lane A) 2 Brocks CourtB) 17 Lily StreetC) 87 Main StreetD) 21 Pleasant StreetE) 40 Walsh StreetF) 24 Meadow View DriveG) 1 Pinkham CircleH) 48 Meadow View DriveI) 2 Wamasquid Place
Photo
Plan
Map
Proximity 0.30.30.40.60.70.70.80.80.9
Last Sold 3/14/20251/15/202512/12/20243/20/202510/10/202412/4/202410/15/202410/8/20242/13/2025
Price $5,000,000$4,475,000$4,000,000$7,375,000$4,688,000$2,250,000$2,000,000$600,000$2,500,000
Net Living Area 2,6212,5322,6281,9361,8162,2121,9561,8811,966
Stories 1.7522.5222122
Sale Price/sft $1,935.91$1907.67$1767.38$1522.07$3809.40$2581.50$1017.18$1022.49$318.98$1271.62
Style ColonialAntiqueColonialAntiqueConventionalColonialColonialCape CodColonialColonial
Age 1998180019891830192319471977198019831985
Rooms
Bedrooms 4443353323
Full baths 3533122212
Half baths 111211
Gross Living Area 4196500438345296326627204484355235824372
Heating Fuel Forced Air-DucHot WaterForced Air-DucHot WaterHot WaterElectr BasebrdHot WaterElectr BasebrdHot WaterElectr Basebrd
Detached Garage
Lot Size 0.120.420.120.060.110.070.460.480.461.7
Roof Cover Wood ShingleWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood Shingle
AEM Value - Building $2,157,000.00$2,409,400$1,899,400$2,161,500$2,690,500$773,200$1,017,400$654,300$694,400$950,900
AEM Value - Land $936,900.00$1,576,575$1,544,300$1,658,000$1,466,700$1,714,700$1,173,400$1,175,200$1,173,400$1,291,100
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0
AEM Value - Total $3,093,900.00$3,985,975$3,443,700$3,819,500$4,157,200$2,487,900$2,190,800$1,829,500$1,867,800$2,242,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 20 New Lane 1/17/2024 $4,350,000 0 Colonial 2,247 0.12 4 3-1 -
  Criteria
A 2 Brocks Court 3/14/2025 $5,000,000 0.3 Antique 2,621 0.42 4 5-1
B 17 Lily Street 1/15/2025 $4,475,000 0.3 Colonial 2,532 0.12 4 3-1
C 87 Main Street 12/12/2024 $4,000,000 0.4 Antique 2,628 0.06 3 3-
D 21 Pleasant Street 3/20/2025 $7,375,000 0.6 Conventional 1,936 0.11 3 1-2
E 40 Walsh Street 10/10/2024 $4,688,000 0.7 Colonial 1,816 0.07 5 2-
F 24 Meadow View Drive 12/4/2024 $2,250,000 0.7 Colonial 2,212 0.46 3 2-1
G 1 Pinkham Circle 10/15/2024 $2,000,000 0.8 Cape Cod 1,956 0.48 3 2-
H 48 Meadow View Drive 10/8/2024 $600,000 0.8 Colonial 1,881 0.46 2 1-1
I 2 Wamasquid Place 2/13/2025 $2,500,000 0.9 Colonial 1,966 1.7 3 2-
Averages 105 days $3,654,222 0.62 --- 2,172 0.43 --- ---  

Estimation of Market Value - $3,845,142

As of today, 04/06/2025, the estimated market value of 20 New Lane, Nantucket considering the above 9 comparable properties is $3,845,142.

 

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
Subject Property17 Grove Lane8 Grove Lane17 New Lane3 New Lane11 New Lane25 New Lane10 Grove Lane26 New Lane9 New Lane37 Woodbury Lane15 New Lane5 New Lane20 New Lane22 New Lane36 Woodbury Lane32 Woodbury Lane7-A New Lane6 Mayhew Lane2 Mayhew Lane31 Woodbury Lane30 Woodbury Lane20 Woodbury Lane34 Woodbury Lane7 New Lane6 New Lane6 Grove Lane33 Woodbury Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 20 New Lane 1/17/2024 $4,350,000 0 Colonial 2,247 0.12 4 3-1 -
  Criteria
A 22 New Lane 6/30/2017 $2,237,500 0.0 Colonial 3,064 0.12 5 4-1
B 4 Mayhew Lane 1/5/2000 $1,275,000 0.0 Colonial 2,784 0.16 4 3-1
C 2 Mayhew Lane 10/5/2022 $4,170,000 0.0 Colonial 2,715 0.14 4 3-1
D 18 New Lane 2/3/1997 $0 0.0 Cape Cod 2,137 0.37 4 3-
E 37 Woodbury Lane 7/13/2018 $0 0.0 Vacant Land 0.15 -
F 6 Mayhew Lane 8/5/2015 $0 0.0 Colonial 3,572 0.17 4 4-1
G 8 Mayhew Lane 4/30/2021 $3,050,000 0.0 Colonial 2,880 0.14 4 5-
H 3 Meadow Lane 8/13/2004 $0 0.0 Ranch 909 0.2 3 1-
I 17 New Lane 4/24/2020 $0 0.0 Vacant Land 0.12 -
J 36 Woodbury Lane 2/23/2004 $0 0.0 Colonial 2,584 0.17 5 3-1
K 33 Woodbury Lane 3/12/2013 $0 0.0 Colonial 5,779 0.41 5 6-1
L 5 Meadow Lane 3/2/2007 $1,250,000 0.0 Cape Cod 1,935 0.33 4 2-
M 16 New Lane 9/15/2021 $0 0.0 Colonial 2,735 0.16 4 3-1
N 10 Mayhew Lane 10/27/2004 $3,625,000 0.0 Colonial 3,608 0.48 6 6-1
O 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
P 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
Q 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
R 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
S 18 Grove Lane 6/12/2012 $0 0.1 Vacant Land 0.5 -
T 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
U 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
V 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
W 16 Grove Lane 4/2/2010 $0 0.1 Cape Cod 1,232 0.5 3 2-
X 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
Y 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
Z 20 Grove Lane 2/22/2018 $246,900 0.1 Vacant Land 0.52 -
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 11 New Lane 4/21/2000 $0 0.1 Cape Cod 1,170 0.21 2 0-
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 10 New Lane 11/15/2021 $0 0.1 Colonial 2,112 0.46 3 3-
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
- 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
- 10 Grove Lane $0 0.1 Vacant Land 1.01 -
- 9 New Lane 6/22/1993 $0 0.1 Ranch 1,303 0.21 2 2-
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 8 Barnabas Lane 10/15/2009 $1,100,000 0.1 Vacant Land 0.18 -
- 7 New Lane 10/30/2015 $3,200,000 0.1 Custom Built 4,034 0.21 5 5-2
- 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 24 Grove Lane 7/26/2007 $1,425,000 0.1 Custom Built 6,390 1.21 6 6-
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 8 New Lane 1/29/2021 $3,200,000 0.1 Colonial 2,633 0.46 5 4-1
- 23 Woodbury Lane 3/3/1995 $335,000 0.1 Colonial 3,534 0.28 4 4-1
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 6 Barnabas Lane 2/3/2022 $0 0.1 Colonial 4,690 0.18 6 5-1
- 8 Grove Lane 2/2/2000 $1,300,000 0.1 Vacant Land 0.32 -
- 19 Grove Lane 5/12/2016 $35,000 0.1 Vacant Land 0.83 -
- 7-A New Lane 6/24/2024 $4,575,000 0.1 Guest Quarters 560 0.16 1 1-
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
- 26 Grove Lane 11/30/2007 $0 0.1 Vacant Land 0.68 -
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
- 6 Grove Lane 2/2/2000 $1,300,000 0.1 Colonial 5,052 0.99 6 6-
- 21 Woodbury Lane 2/23/2022 $4,300,000 0.1 Colonial 3,388 0.32 4 3-
- 4 Barnabas Lane 12/15/2000 $1,575,000 0.1 Colonial 2,687 0.17 5 4-1
- 22 Woodbury Lane 5/1/2014 $2,325,000 0.1 Colonial 2,106 0.15 4 2-1
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 6 New Lane 11/10/2021 $4,800,000 0.1 Custom Built 3,485 0.12 3 5-1
- 5 New Lane 3/27/2020 $1,900,000 0.1 Cape Cod 2,374 0.16 3 2-2
- 6-R New Lane 11/5/2021 $2,537,500 0.1 Colonial 1,792 0.12 3 2-1
- 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
- 28 Grove Lane 11/30/2007 $0 0.1 Colonial 2,736 0.65 5 3-1
- 3 New Lane $0 0.1 Gar/Apt Res 897 0.17 2 1-
- 20 Woodbury Lane 10/9/2012 $2,650,000 0.1 Colonial 2,600 0.11 5 4-
Averages 5002 days $1,420,922 0.08 --- 2,324 0.34 --- ---  
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
41 396 1 20 New Lane