2 Mayhew Lane, Nantucket, MA 02554

Owner Information
Owner 1
Sunflower Properties LLC
Owner 2
Owner's Address
4 N Water St Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/5/2022
Previous sale date
09/14/2012
Transfer document #
1914-224
Previous transfer document
01343-0227
Grantor
Clark B Winter
Previous grantor
Margaret S Kew
Most recent sale price
$4,170,000.00
Previous sale price
$1,725,000.00
Site Information
Property ID
41-396-3
Lot Size
0.14
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1998
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2715
Number of Kitchen
1
Gross Living Area
4782
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
$1,011,900.00
Total value
$3,929,200.00
Building value
$2,917,300.00
Estimated tax
$12,298.00
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 2 Mayhew Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,535.91 Style Colonial Age 1998 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 4782 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.14 Roof Cover Wood Shingle AEM Value - Building $2,917,300.00 AEM Value - Land $1,011,900.00 AEM Value - Other $0.00 AEM Value - Total $3,929,200.00
A) 1 Walsh Street 0.7 4/18/2024 $4,950,000 2,237 2 $2212.78 Cape Cod 1913 4 3 1 2748 Forced Air-Duc 0.15 Wood Shingle $1,603,200 $2,337,000 $0 $3,940,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Mayhew Lane 10/5/2022 $4,170,000 0 Colonial 2,715 0.14 4 3-1 -
  Criteria
A 1 Walsh Street 4/18/2024 $4,950,000 0.7 Cape Cod 2,237 0.15 4 3-1
Averages 71 days $4,950,000 0.71 --- 2,237 0.15 --- ---  

Estimation of Market Value - $5,471,946

As of today, 06/27/2024, the estimated market value of 2 Mayhew Lane, Nantucket considering the above 1 comparable properties is $5,471,946.

 

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
@ 2 Mayhew Lane 10/5/2022 $4,170,000 0 Colonial 2,715 0.14 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 20 New Lane 1/17/2024 $4,350,000 0.0 Colonial 2,247 0.12 4 3-1
D 37 Woodbury Lane 7/13/2018 $0 0.0 Vacant Land 0.15 -
E 6 Mayhew Lane 8/5/2015 $0 0.0 Colonial 3,572 0.17 4 4-1
F 8 Mayhew Lane 4/30/2021 $3,050,000 0.0 Colonial 2,880 0.14 4 5-
G 18 New Lane 2/3/1997 $0 0.0 Cape Cod 2,137 0.37 4 3-
H 16 Grove Lane 4/2/2010 $0 0.0 Cape Cod 1,232 0.5 3 2-
I 25 New Lane 12/19/1988 $325,000 0.0 Vacant Land 1 -
J 18 Grove Lane 6/12/2012 $0 0.0 Vacant Land 0.5 -
K 33 Woodbury Lane 3/12/2013 $0 0.0 Colonial 5,779 0.41 5 6-1
L 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
M 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
N 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
O 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
P 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
Q 20 Grove Lane 2/22/2018 $246,900 0.1 Vacant Land 0.52 -
R 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
S 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
T 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
U 16 New Lane 9/15/2021 $0 0.1 Colonial 2,735 0.16 4 3-1
V 10 Grove Lane $0 0.1 Vacant Land 1.01 -
W 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
X 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
Y 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
Z 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
- 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 19 Grove Lane 5/12/2016 $35,000 0.1 Vacant Land 0.83 -
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 24 Grove Lane 7/26/2007 $1,425,000 0.1 Custom Built 6,390 1.21 6 6-
- 11 New Lane 4/21/2000 $0 0.1 Cape Cod 1,170 0.21 2 0-
- 8 Grove Lane 2/2/2000 $1,300,000 0.1 Vacant Land 0.32 -
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 10 New Lane 11/15/2021 $0 0.1 Colonial 2,112 0.46 3 3-
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
- 23 Woodbury Lane 3/3/1995 $335,000 0.1 Colonial 3,534 0.28 4 4-1
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 6 Grove Lane 2/2/2000 $1,300,000 0.1 Colonial 5,052 0.99 6 6-
- 9 New Lane 6/22/1993 $0 0.1 Ranch 1,303 0.21 2 2-
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 8 Barnabas Lane 10/15/2009 $1,100,000 0.1 Vacant Land 0.18 -
- 26 Grove Lane 11/30/2007 $0 0.1 Vacant Land 0.68 -
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
- 27 New Lane $0 0.1 Vacant Land 2.35 -
- 21 Woodbury Lane 2/23/2022 $4,300,000 0.1 Colonial 3,388 0.32 4 3-
- 7 New Lane 10/30/2015 $3,200,000 0.1 Custom Built 4,034 0.21 5 5-2
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 9 Grove Lane 11/6/2012 $860,000 0.1 Colonial 2,658 0.14 4 4-1
- 8 New Lane 1/29/2021 $3,200,000 0.1 Colonial 2,633 0.46 5 4-1
- 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
- 6 Barnabas Lane 2/3/2022 $0 0.1 Colonial 4,690 0.18 6 5-1
- 22 Woodbury Lane 5/1/2014 $2,325,000 0.1 Colonial 2,106 0.15 4 2-1
- 7-A New Lane 6/24/2024 $4,575,000 0.1 Guest Quarters 560 0.16 1 1-
- 28 Grove Lane 11/30/2007 $0 0.1 Colonial 2,736 0.65 5 3-1
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
Averages 4900 days $1,235,486 0.08 --- 2,210 0.41 --- ---  
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 3 2 Mayhew Lane