20 New Lane, Nantucket, MA 02554

20 New Lane Nantucket MA 02554
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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
2024
Land Value
$1,018,300.00
Total value
$3,194,300.00
Building value
$2,176,000.00
Estimated tax
$9,998.00
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 20 New Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,935.91 Style Colonial Age 1998 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 4196 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Wood Shingle AEM Value - Building $2,176,000.00 AEM Value - Land $1,018,300.00 AEM Value - Other $0.00 AEM Value - Total $3,194,300.00
A) 149 Main Street 0.2 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
B) 45 West Chester Street 0.2 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
C) 108 Main Street 0.4 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
D) 11 Pine Street 0.5 12/21/2023 $3,000,000 2,192 2 $1368.61 Colonial 1987 3 3 3177 Forced Air-Duc 0.13 Asph/F Gls/Cmp $888,200 $2,327,400 $0 $3,215,600
E) 1 Farmer Street 0.6 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
F) 38 Pine Street 0.6 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
G) 56 Walsh Street 0.7 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
H) 40 Walsh Street 0.7 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
I) 23 Walsh Street 0.7 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
J) 16 Polliwog Pond Road 0.8 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
K) 10 Aurora Way 0.9 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
L) 7 Yompasham Lane 0.9 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
# 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 149 Main Street 5/17/2024 $4,225,000 0.2 Conventional 1,698 0.14 3 1-1
B 45 West Chester Street 4/17/2024 $3,200,000 0.2 Conventional 1,972 0.14 4 3-
C 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
D 11 Pine Street 12/21/2023 $3,000,000 0.5 Colonial 2,192 0.13 3 3-
E 1 Farmer Street 5/10/2024 $3,600,000 0.6 Antique 2,430 0.06 3 3-1
F 38 Pine Street 1/31/2024 $2,225,000 0.6 Antique 1,707 0.07 3 1-1
G 56 Walsh Street 2/15/2024 $5,000,000 0.7 Cape Cod 2,028 0.11 5 3-1
H 40 Walsh Street 1/4/2024 $2,900,000 0.7 Colonial 1,816 0.07 5 2-
I 23 Walsh Street 2/2/2024 $4,937,500 0.7 Colonial 1,774 0.12 4 4-1
J 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.8 Cape Cod 1,830 0.24 5 2-
K 10 Aurora Way 1/9/2024 $4,650,000 0.9 Colonial 2,468 0.18 4 3-1
L 7 Yompasham Lane 2/14/2024 $2,262,500 0.9 Conventional 1,878 0.25 3 3-
Averages 122 days $3,562,500 0.60 --- 1,983 0.14 --- ---  

Estimation of Market Value - $4,010,116

As of today, 06/21/2024, the estimated market value of 20 New Lane, Nantucket considering the above 12 comparable properties is $4,010,116.

 

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
@ 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 10/18/2022 $4,050,000 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 4723 days $1,413,422 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