16 New Lane, Nantucket, MA 02554

Owner Information
Owner 1
16 New Lane LLC
Owner 2
Owner's Address
31 Miles Rd Darien, CT 06820
Market Sale Information
Most recent sale date
9/15/2021
Previous sale date
11/02/2017
Transfer document #
1849-240
Previous transfer document
01617-0299
Grantor
Keith F Kettell
Previous grantor
David A Lund
Most recent sale price
$0.00
Previous sale price
$2,205,000.00
Site Information
Property ID
41-399
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
2011
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2735
Number of Kitchen
Gross Living Area
4872
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
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
$3,049,400.00
Building value
$2,035,000.00
Estimated tax
$9,544.00
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 16 New Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2011 Rooms Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 4872 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,035,000.00 AEM Value - Land $1,014,400.00 AEM Value - Other $0.00 AEM Value - Total $3,049,400.00
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) 17 Pleasant Street 0.5 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
C) 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
D) 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
E) 6 West Dover Street 0.8 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
F) 24 Walsh Street 0.8 9/6/2024 $6,350,000 2,758 2.5 $2302.39 Antique 1840 5 5 1 3742 Forced Air-Duc 0.11 Wood Shingle $2,136,900 $2,197,500 $0 $4,334,400
G) 16 Back Street 0.8 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
H) 101 Orange Street 0.9 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 New Lane 9/15/2021 $0 0 Colonial 2,735 0.16 4 3-1 -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.4 Custom Built 3,287 0.28 4 4-2
B 17 Pleasant Street 7/5/2024 $3,715,000 0.5 Antique 2,100 0.09 2 3-
C 1 Farmer Street 5/10/2024 $3,600,000 0.6 Antique 2,430 0.06 3 3-1
D 45 Fair Street 5/8/2024 $4,800,000 0.6 Custom Built 2,854 0.07 4 4-1
E 6 West Dover Street 7/18/2024 $2,130,000 0.8 Antique 2,321 0.14 4 1-
F 24 Walsh Street 9/6/2024 $6,350,000 0.8 Antique 2,758 0.11 5 5-1
G 16 Back Street 8/29/2024 $3,295,000 0.8 Antique 2,946 0.12 4 3-
H 101 Orange Street 9/9/2024 $3,150,000 0.9 Antique 2,533 0.19 4 3-1
Averages 70 days $4,254,375 0.67 --- 2,654 0.13 --- ---  

Estimation of Market Value - $4,135,929

As of today, 09/20/2024, the estimated market value of 16 New Lane, Nantucket considering the above 8 comparable properties is $4,135,929.

 

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
@ 16 New Lane 9/15/2021 $0 0 Colonial 2,735 0.16 4 3-1 -
  Criteria
A 14 New Lane 6/17/2016 $2,262,500 0.0 Colonial 3,181 0.11 5 4-1
B 4 Meadow Lane 2/28/2005 $0 0.0 Ranch 1,294 0.18 2 1-
C 3 Meadow Lane 8/13/2004 $0 0.0 Ranch 909 0.2 3 1-
D 15 New Lane 9/4/2018 $1,960,000 0.0 Cape Cod 2,234 0.14 4 4-
E 13 New Lane 12/15/2014 $2,580,000 0.0 Colonial 4,423 0.23 5 5-1
F 17 New Lane 4/24/2020 $0 0.0 Vacant Land 0.12 -
G 10 New Lane 11/15/2021 $0 0.0 Colonial 2,112 0.46 3 3-
H 18 New Lane 2/3/1997 $0 0.0 Cape Cod 2,137 0.37 4 3-
I 11 New Lane 4/21/2000 $0 0.0 Cape Cod 1,170 0.21 2 0-
J 36 Woodbury Lane 2/23/2004 $0 0.0 Colonial 2,584 0.17 5 3-1
K 6 Meadow Lane 3/28/2012 $465,000 0.0 Colonial 1,318 0.17 3 3-
L 9 New Lane 6/22/1993 $0 0.0 Ranch 1,303 0.21 2 2-
M 5 Meadow Lane 3/2/2007 $1,250,000 0.0 Cape Cod 1,935 0.33 4 2-
N 20 New Lane 1/17/2024 $4,350,000 0.0 Colonial 2,247 0.12 4 3-1
O 7 New Lane 10/30/2015 $3,200,000 0.0 Custom Built 4,034 0.21 5 5-2
P 8 New Lane 1/29/2021 $3,200,000 0.0 Colonial 2,633 0.46 5 4-1
Q 34 Woodbury Lane 5/29/1992 $110,000 0.0 Colonial 3,236 0.12 3 4-
R 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
S 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
T 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
U 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
V 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
W 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
X 7-A New Lane 6/24/2024 $4,575,000 0.1 Guest Quarters 560 0.16 1 1-
Y 8 Barnabas Lane 10/15/2009 $1,100,000 0.1 Vacant Land 0.18 -
Z 22 New Lane 6/30/2017 $2,237,500 0.1 Colonial 3,064 0.12 5 4-1
- 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
- 6 Barnabas Lane 2/3/2022 $0 0.1 Colonial 4,690 0.18 6 5-1
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
- 2 Mayhew Lane 10/5/2022 $4,170,000 0.1 Colonial 2,715 0.14 4 3-1
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 6 New Lane 11/10/2021 $4,800,000 0.1 Custom Built 3,485 0.12 3 5-1
- 6-R New Lane 11/5/2021 $2,537,500 0.1 Colonial 1,792 0.12 3 2-1
- 5 New Lane 3/27/2020 $1,900,000 0.1 Cape Cod 2,374 0.16 3 2-2
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 4 Barnabas Lane 12/15/2000 $1,575,000 0.1 Colonial 2,687 0.17 5 4-1
- 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 3 New Lane $0 0.1 Gar/Apt Res 897 0.17 2 1-
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
- 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
- 4 New Lane 12/12/1990 $200,000 0.1 Conventional 3,460 0.41 5 2-1
- 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 18 Grove Lane 6/12/2012 $0 0.1 Vacant Land 0.5 -
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 9 Madaket Road 9/7/2021 $2,750,000 0.1 Colonial 1,944 0.54 4 2-
- 20 Grove Lane 2/22/2018 $246,900 0.1 Vacant Land 0.52 -
- 164 Main Street 8/21/2020 $1,400,000 0.1 Antique 2,332 0.08 4 4-
- 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
- 8 Lowell Place 7/17/2018 $100 0.1 Antique 776 0.33 1 2-
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
- 16 Grove Lane 4/2/2010 $0 0.1 Cape Cod 1,232 0.5 3 2-
- 22 Woodbury Lane 5/1/2014 $2,325,000 0.1 Colonial 2,106 0.15 4 2-1
- 153 Main Street 3/31/2016 $2,000,000 0.1 Antique 4,896 0.23 6 6-1
- 5 Madaket Road 9/11/2007 $0 0.1 Cape Cod 1,287 0.2 2 1-
- 12 Lowell Place 7/31/2020 $898,000 0.1 Ranch 1,762 0.31 2 2-
- 162 Main Street 6/7/2021 $0 0.1 Bungalow 842 0.12 2 1-
- 23 Woodbury Lane 3/3/1995 $335,000 0.1 Colonial 3,534 0.28 4 4-1
- 3 Madaket Road 7/30/2018 $1,250,000 0.1 Antique 1,242 0.11 3 1-2
- 13 Madaket Road 1/22/2022 $0 0.1 Colonial 2,482 0.15 3 3-1
- 7 Madaket Road 8/1/2014 $860,000 0.1 Cape Cod 1,669 0.18 2 2-
- 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
- 10 Grove Lane $0 0.1 Vacant Land 1.01 -
- 160 Main Street 5/27/2015 $850,000 0.1 Antique 1,600 0.09 4 2-
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 24 Grove Lane 7/26/2007 $1,425,000 0.1 Custom Built 6,390 1.21 6 6-
- 6 Lowell Place 7/17/2018 $100 0.1 Cape Cod 962 0.08 3 1-1
- 10 Lowell Place 11/3/1998 $275,000 0.1 Conventional 1,835 0.12 3 2-
- 20 Woodbury Lane 10/9/2012 $2,650,000 0.1 Colonial 2,600 0.11 5 4-
- 14 Lowell Place 9/9/2022 $0 0.1 Guest Quarters 3,195 0.12 1 3-1
- 4 Lowell Place 6/24/2013 $0 0.1 Colonial 1,730 0.09 4 5-
- 158 Main Street 4/25/2002 $638,000 0.1 Antique 1,655 0.14 3 2-
- 21 Woodbury Lane 2/23/2022 $4,300,000 0.1 Colonial 3,388 0.32 4 3-
- 13 Meadow Lane 5/30/2017 $0 0.1 Cape Cod 1,586 0.53 2 2-
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
Averages 4404 days $1,389,311 0.08 --- 2,357 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
41 399 16 New Lane